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Published Date: 2015-03-31Number of Pages: 114

Marine Lubricants Market (Product - Mineral, Synthetic, and Bio; Application Engine Oil, Hydraulic Oil, Grease, Turbine Oils, Gear Oils, Heat Transfer Fluids, and Compressor Oils) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Marine lubricants constitute mineral oil, synthetic and bio lubricants. Marine lubricants are manufactured either from crude oil from chemicals or vegetable oils. Lubricants are required to reduce the friction caused between different operating components and increase their output efficiency. Marine lubricants help in assisting various components in performing their functions smoothly. The growing shipping industry is expected to fuel the overall marine lubricants market growth. 

 

Marine lubricants are segmented based on their applications in different machines, engines, etc wherein these lubricants play a vital role in reducing friction and increasing the output efficiency of the operating machines. The engine oil marine lubricants have a higher market share than hydraulic oil marine lubricants. The growing incidence of oil spillage has impacted aquatic life. Bio lubricants are non toxic, non-bio-accumulative and biodegradable in nature and hence are preferred to mineral oil marine lubricants. 

 

Marine lubricants are segmented based upon the type of base oils as mineral oil marine lubricants, synthetic marine lubricants, and bio marine lubricants. Mineral oil marine lubricants dominated the market in 2013 and are expected to continue dominating the market in 2022. The growing environmental concerns and increased awareness amongst the marine lubricants end users is expected to fuel the demand for bio marine lubricants.

 

The global marine lubricants market until 2011 was dominated by Europe. However, due to ongoing shift in market forces of the shipping industry towards Asia Pacific, the marine lubricant industry followed suit. Demand of marine lubricants in Asia Pacific is expected to increase due to growth in low-cost shipbuilding and increased domestic consumption particularly in China. Asia Pacific is anticipated to dominate the market by 2016, in context to market share due to considerable demand for marine lubricants especially in China, Japan and Singapore. Some of the key companies that deal in mineral oil, synthetic and bio-based marine lubricants include Total Lubricants (Lubmarine), Royal Dutch Shell, Chevron, BP Marine, Castrol, and ExxonMobil.

 

Global marine lubricants market, volume share by product type, 2013 and 2022

 

 

 

CHAPTER 1 PREFACE

1.1 REPORT DESCRIPTION

1.2 RESEARCH SCOPE

1.3 RESEARCH METHODOLOGY

 

CHAPTER 2 EXECUTIVE SUMMARY

 

CHAPTER 3 MARKET OVERVIEW

3.1 INTRODUCTION

3.2 MARKET DRIVERS

     3.2.1 ENVIRONMENTAL ASPECT AND LEGISLATION

     3.2.2 GROWTH AND DEVELOPMENT OF SHIPPING INDUSTRY

     3.2.3 GROWING DEMAND FOR BIO-BASED AND SYNTHETIC BASED LUBRICANTS

     3.2.4 TECHNOLOGY IMPROVEMENT ENHANCING THE SHELF LIFE OF MECHANICAL PARTS

3.3 MARKET RESTRAINTS

     3.3.1 REDUCTION IN GROUP I BASE OIL PRODUCTION

3.4 MARKET OPPORTUNITIES

     3.4.1 GROWING ENVIRONMENTAL CONCERNS COUPLED WITH FLOURISHING SHIPPING INDUSTRY

3.5 PRICING TRENDS

3.6 VALUE CHAIN ANALYSIS

3.7 PORTER’S FIVE FORCES ANALYSIS

     3.7.1 BARGAINING POWER OF SUPPLIERS

     3.7.2 BARGAINING POWER OF BUYERS

     3.7.3 THREAT FROM SUBSTITUTES

     3.7.4 THREAT OF NEW ENTRANTS

     3.7.5 DEGREE OF COMPETITION

3.8 MARKET ATTRACTIVENESS ANALYSIS OF MARINE LUBRICANTS MARKET BY PRODUCT SEGMENT

3.9 COMPANY MARKET SHARE ANALYSIS

     3.9.1 GLOBAL MARINE LUBRICANTS MARKET, COMPANY MARKET SHARE ANALYSIS

 

CHAPTER 4 GLOBAL MARINE LUBRICANTS MARKET, BY PRODUCT TYPE

4.1 GLOBAL MARINE LUBRICANTS MARKET : PRODUCT TYPE OVERVIEW

     4.1.1 GLOBAL MARINE LUBRICANTS MARKET, VOLUME SHARE BY PRODUCT TYPE, 2011 – 2018

4.2 MINERAL OIL MARINE LUBRICANTS

     4.2.1 GLOBAL MINERAL OIL MARINE LUBRICANTS MARKET ESTIMATES AND FORECAST, 2011– 2018 (KILO TONS) (USD MILLION)

4.3 SYNTHETIC MARINE LUBRICANTS

     4.3.1 GLOBAL SYNTHETIC MARINE LUBRICANTS MARKET ESTIMATES AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

4.4 BIO-BASED MARINE LUBRICANTS

     4.4.1 GLOBAL BIO-BASED MARINE LUBRICANTS MARKET ESTIMATES AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

 

CHAPTER 5 GLOBAL MARINE LUBRICANTS MARKET, BY APPLICATION

5.1 GLOBAL MARINE LUBRICANTS MARKET : APPLICATION OVERVIEW

     5.1.1 GLOBAL MARINE LUBRICANTS MARKET, VOLUME SHARE BY APPLICATION, 2011 – 2018

5.2 ENGINE OIL MARINE LUBRICANTS

     5.2.1 GLOBAL ENGINE OIL MARINE LUBRICANTS MARKET ESTIMATES AND FORECAST, 2011– 2018 (KILO TONS) (USD MILLION)

5.3 HYDRAULIC OIL MARINE LUBRICANTS

     5.3.1 GLOBAL HYDRAULIC OIL MARINE LUBRICANTS MARKET ESTIMATES AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

5.4 GREASE

     5.4.1 GLOBAL GREASE MARKET ESTIMATES AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

5.5 OTHERS (TURBINE OILS, GEAR OILS, COMPRESSOR OILS AND HEAT TRANSFER FLUIDS)

     5.5.1 GLOBAL OTHER MARINE LUBRICANT MARKET ESTIMATES AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

 

CHAPTER 6 GLOBAL MARINE LUBRICANTS MARKET, BY GEOGRAPHY

6.1 GLOBAL MARINE LUBRICANT MARKET: GEOGRAPHIC OVERVIEW

     6.1.1 GLOBAL MARINE LUBRICANT VOLUME SHARE, BY GEOGRAPHY, 2011 – 2018

6.2 NORTH AMERICA

     6.2.1 NORTH AMERICA MARINE LUBRICANT VOLUME SHARE, BY COUNTRY, 2011 – 2018

     6.2.2 NORTH AMERICA MARINE LUBRICANT MARKET VOLUME AND REVENUE, 2011 – 2018 (KILO TONS) (USD MILLION)

     6.2.3 NORTH AMERICA MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 – 2018 (KILO TONS)

     6.2.4 NORTH AMERICA MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 – 2018 (USD MILLION)

     6.2.5 NORTH AMERICA MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 – 2018 (KILO TONS)

     6.2.6 NORTH AMERICA MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 – 2018 (USD MILLION)

     6.2.7 U.S.

     6.2.7.1 U.S. marine lubricant market estimate and forecast, 2010 – 2018 (Kilo tons) (USD Million)

     6.2.8 CANADA

             6.2.8.1 Canada marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.2.9 MEXICO

             6.2.9.1 Mexico marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

6.3 EUROPE

     6.3.1 EUROPE MARINE LUBRICANT VOLUME SHARE, BY COUNTRY, 2011 – 2018

     6.3.2 EUROPE MARINE LUBRICANT MARKET VOLUME AND REVENUE, 2010 – 2018 (KILO TONS) (USD MILLION)

     6.3.3 EUROPE MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 – 2018 (KILO TONS).

     6.3.4 EUROPE MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 – 2018 (USD MILLION)

     6.3.5 EUROPE MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 – 2018 (KILO TONS)

     6.3.6 EUROPE MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 – 2018 (USD MILLION)

     6.3.7 U.K.

             6.3.7.1 U.K. marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.3.8 TURKEY

             6.3.8.1 Turkey marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.3.9 GERMANY

             6.3.9.1 Germany marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.3.10 ITALY

              6.3.10.1 Italy marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.3.11 SPAIN

              6.3.11.1 Spain marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.3.12 NETHERLANDS

              6.3.12.1 Netherlands marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.3.13 FRANCE

              6.3.13.1 France marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.3.14 OTHERS

              6.3.14.1 Others marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

6.4 ASIA PACIFIC

     6.4.1 ASIA PACIFIC MARINE LUBRICANT VOLUME SHARE, BY COUNTRY, 2011 – 2018

     6.4.2 ASIA PACIFIC MARINE LUBRICANT MARKET VOLUME AND REVENUE, 2011 – 2018 (KILO TONS) (USD MILLION)

     6.4.3 ASIA PACIFIC MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 – 2018 (KILO TONS)

     6.4.4 ASIA PACIFIC MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 – 2018 (USD MILLION)

     6.4.5 ASIA PACIFIC MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 – 2018 (KILO TONS)

     6.4.6 ASIA PACIFIC MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 – 2018 (USD MILLION)

     6.4.7 CHINA

             6.4.7.1 China marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.4.8 JAPAN

             6.4.8.1 Japan marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.4.9 SOUTH KOREA

             6.4.9.1 South Korea marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.4.10 SINGAPORE

              6.4.10.1 Singapore marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

     6.4.11 OTHERS

              6.4.11.1 Others marine lubricant market estimate and forecast, 2011 – 2018 (Kilo tons) (USD Million)

6.5 ROW

     6.5.1 ROW MARKET VOLUME AND REVENUE, 2011 – 2018 (KILO TONS) (USD MILLION)

     6.5.2 ROW MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 – 2018 (KILO TONS).

     6.5.3 ROW MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 – 2018 (USD MILLION)

     6.5.4 ROW MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 – 2018 (KILO TONS)

     6.5.5 ROW MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 – 2018 (USD MILLION)

 

CHAPTER 7 COMPANY PROFILES

7.1 LUBMARINE (TOTAL GROUP)

     7.1.1 COMPANY OVERVIEW

     7.1.2 FINANCIAL OVERVIEW

     7.1.3 SWOT ANALYSIS

     7.1.4 BUSINESS STRATEGY

     7.1.5 RECENT DEVELOPMENTS

7.2 ROYAL DUTCH SHELL PLC

     7.2.1 COMPANY OVERVIEW

     7.2.2 FINANCIAL OVERVIEW

     7.2.3 SWOT ANALYSIS

     7.2.4 BUSINESS STRATEGY

     7.2.5 RECENT DEVELOPMENTS

7.3 BP MARINE

     7.3.1 COMPANY OVERVIEW

     7.3.2 FINANCIAL OVERVIEW

     7.3.3 SWOT ANALYSIS

     7.3.4 BUSINESS STRATEGY

     7.3.5 RECENT DEVELOPMENTS

7.4 CHEVRON

     7.4.1 COMPANY OVERVIEW

     7.4.2 FINANCIAL OVERVIEW

     7.4.3 SWOT ANALYSIS

     7.4.4 BUSINESS STRATEGY

     7.4.5 RECENT DEVELOPMENTS

7.5 EXXONMOBIL CORPORATION

     7.5.1 COMPANY OVERVIEW

     7.5.2 FINANCIAL OVERVIEW

     7.5.3 SWOT ANALYSIS

     7.5.4 BUSINESS STRATEGY

     7.5.5 RECENT DEVELOPMENTS

7.6 SINOPEC CORPORATION

     7.6.1 COMPANY OVERVIEW

     7.6.2 FINANCIAL OVERVIEW

     7.6.3 SWOT ANALYSIS

     7.6.4 BUSINESS STRATEGY

     7.6.5 RECENT DEVELOPMENTS

7.7 CASTROL

     7.7.1 COMPANY OVERVIEW

     7.7.2 FINANCIAL OVERVIEW

     7.7.3 SWOT ANALYSIS

     7.7.4 BUSINESS STRATEGY

     7.7.5 RECENT DEVELOPMENTS

7.8 GULF MARINE AND INDUSTRIAL SUPPLIES INC.

     7.8.1 COMPANY OVERVIEW

     7.8.2 FINANCIAL OVERVIEW

     7.8.3 SWOT ANALYSIS

     7.8.4 BUSINESS STRATEGY

     7.8.5 RECENT DEVELOPMENTS

7.9 LUKOIL MARINE LUBRICANTS

     7.9.1 COMPANY OVERVIEW

     7.9.2 FINANCIAL OVERVIEW

     7.9.3 SWOT ANALYSIS

     7.9.4 BUSINESS STRATEGY

     7.9.5 RECENT DEVELOPMENTS

7.10 QUEPET  LUBRICANTS

     7.10.1 COMPANY OVERVIEW

     7.10.2 FINANCIAL OVERVIEW

     7.10.3 SWOT ANALYSIS

     7.10.4 BUSINESS STRATEGY

7.11 JX NIPPON OIL & ENERGY CORPORATION

     7.11.1 COMPANY OVERVIEW

     7.11.2 FINANCIAL OVERVIEW

     7.11.3 SWOT ANALYSIS

     7.11.4 BUSINESS STRATEGY

     7.11.5 RECENT DEVELOPMENT

7.12 IDEMITSU KOSAN CO., LTD.

     7.12.1 COMPANY OVERVIEW

     7.12.2 FINANCIAL OVERVIEW

     7.12.3 SWOT ANALYSIS

     7.12.4 BUSINESS STRATEGY

     7.12.5 RECENT DEVELOPMENT

7.13 IKO MARINE LUBRICANT SUPPLY CO. LTD

     7.13.1 COMPANY OVERVIEW

     7.13.2 FINANCIAL OVERVIEW

     7.13.3 SWOT ANALYSIS

     7.13.4 BUSINESS STRATEGY

     7.13.5 RECENT DEVELOPMENTS

LIST OF FIGURES 

 

FIG. 1 GLOBAL MARINE LUBRICANTS MARKET VOLUME AND REVENUE, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 2 GLOBAL SHIPPING INDUSTRY GROWTH TREND, 2009– 2018, MILLION TONS

FIG. 3 GLOBAL DEMAND FOR BIO-BASED LUBRICANTS, 2009– 2018, KILO TONS

FIG. 4 GLOBAL DEMAND FOR SYNTHETIC (GROUP IV AND V) LUBRICANTS, 2009– 2018, KILO TONS

FIG. 5 PRICING TRENDS OF MARINE LUBRICANT BY PRODUCT TYPE, 2011 - 2018

FIG. 6 VALUE CHAIN ANALYSIS

FIG. 7 PORTER’S FIVE FORCES ANALYSIS

FIG. 8 MARKET ATTRACTIVENESS ANALYSIS OF MARINE LUBRICANTS MARKET BY PRODUCT SEGMENT

FIG. 9 COMPANY MARKET SHARE OF MARINE LUBRICANTS MARKET, 2011

FIG. 10 GLOBAL MARINE LUBRICANT MARKET, VOLUME SHARE BY PRODUCT TYPE, 2011 - 2018

FIG. 11 GLOBAL DEMAND FOR MINERAL OIL MARINE LUBRICANTS, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 12 GLOBAL DEMAND FOR SYNTHETIC MARINE LUBRICANTS, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 13 GLOBAL DEMAND FOR BIO-BASED MARINE LUBRICANTS, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 14 GLOBAL MARINE LUBRICANTS MARKET, VOLUME SHARE BY APPLICATION, 2011 - 2018

FIG. 15 GLOBAL DEMAND FOR ENGINE OIL MARINE LUBRICANTS, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 16 GLOBAL DEMAND FOR HYDRAULIC OIL MARINE LUBRICANTS, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 17 GLOBAL DEMAND FOR GREASE, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 18 GLOBAL DEMAND FOR OTHER MARINE LUBRICANT, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 19 GLOBAL MARINE LUBRICANT VOLUME SHARE, BY GEOGRAPHY, 2011 - 2018

FIG. 20 NORTH AMERICA MARINE LUBRICANT MARKET, VOLUME SHARE, BY COUNTRY, 2011 - 2018

FIG. 21 NORTH AMERICA MARINE LUBRICANT MARKET VOLUME AND REVENUE, 2011 – 2018 (KILO TONS)  (USD MILLION)

FIG. 22 U.S. MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 23 CANADA MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 24 MEXICO MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 25 EUROPE MARINE LUBRICANT VOLUME SHARE, BY COUNTRY, 2011 - 2018

FIG. 26 EUROPE MARINE LUBRICANT INSTALLATION MARKET VOLUME AND REVENUE, 2010 – 2018 (KILO TONS) (USD MILLION)

FIG. 27 U.K. MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 28 TURKEY MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 29 GERMANY MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 30 ITALY MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 31 SPAIN MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 32 NETHERLANDS MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 33 FRANCE MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 34 OTHERS MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 35 ASIA PACIFIC MARINE LUBRICANT VOLUME SHARE, BY COUNTRY, 2011 - 2018

FIG. 36 ASIA PACIFIC MARINE LUBRICANT MARKET VOLUME AND REVENUE, 2011– 2018 (KILO TONS) (USD MILLION)

FIG. 37 CHINA MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 38 JAPAN MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 39 SOUTH KOREA MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 40 SINGAPORE MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 41 OTHERS MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, 2011 – 2018 (KILO TONS) (USD MILLION)

FIG. 42 ROW MARKET VOLUME AND REVENUE, 2011 – 2018 (KILO TONS) (USD MILLION)

LIST OF TABLES

 

TABLE 1 GLOBAL MARINE LUBRICANTS MARKET SNAPSHOT

TABLE 2 DRIVERS OF THE GLOBAL MARINE LUBRICANTS MARKET: IMPACT ANALYSIS

TABLE 3 RESTRAINTS OF THE GLOBAL MARINE LUBRICANTS MARKET: IMPACT ANALYSIS

TABLE 4 NORTH AMERICA MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011-2018 (KILO TONS)

TABLE 5 NORTH AMERICA MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 -2018 (USD MILLION)

TABLE 6 NORTH AMERICA MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 -2018 (KILO TONS)

TABLE 7 NORTH AMERICA MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 -2018 (USD MILLION)

TABLE 8 EUROPE MARINE LUBRICANT MARKET VOLUME AND FORECAST, BY PRODUCT TYPE, 2011 -2018 (KILO TONS)

TABLE 9 EUROPE MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 -2018 (USD MILLION)

TABLE 10 EUROPE MARINE LUBRICANT MARKET VOLUME AND FORECAST, BY APPLICATION, 2011 -2018 (KILO TONS)

TABLE 11 EUROPE MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 -2018 (USD MILLION)

TABLE 12 ASIA PACIFIC MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 -2018 (KILO TONS)

TABLE 13 ASIA PACIFIC MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 -2018 (USD MILLION)

TABLE 14 ASIA PACIFIC MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 -2018 (KILO TONS)

TABLE 15 ASIA PACIFIC MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 -2018 (USD MILLION)

TABLE 16 ROW MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 -2018 (KILO TONS)

TABLE 17 ROW MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY PRODUCT TYPE, 2011 -2018 (USD MILLION)

TABLE 18 ROW MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 -2018 (KILO TONS)

TABLE 19 ROW MARINE LUBRICANT MARKET ESTIMATE AND FORECAST, BY APPLICATION, 2011 -2018 (USD MILLION)

Global Marine Lubricants Market: Overview 

Rise in global trade and spurt witnessed in the shipping industry are facilitating growth of the global marine lubricants market. A considerable increase in the use of group III and IV base oils, which are rich sources of marine lubricant, has emerged as a major concern for the industry participants demanding immediate focus. 

The market study offers an in-depth analysis of the global marine lubricants market, estimating it from the consumption perspective, while conducting segmentation based on various parameters including base oils, type, application, and geography. It provides an executive-level blueprint of the global marine lubricants market using Porter’s five forces, market attractiveness analysis, and value chain analysis.   

The regulatory pressure to prevent lubricant spillage in water bodies has resulted in the demand for bio-based and safer synthetic lubricants. This will provide lucrative opportunities for the market players to capitalize on in the near future. The report presents a 360 degree overview of various factors influencing the trajectory of the global marine lubricants market. For a granular analysis, the leading companies operating in the market are profiled and their strategies adopted are evaluated. 

Global Marine Lubricants Market: Trends and Opportunities 

In terms of revenue, the global marine lubricants market is expected to exhibit a CAGR of 3.63% between 2014 and 2022. The market is forecast to expand in response to the growing shipping industry. Stringent regulations implemented to ensure environmental safety will compel participants focus on bio-based lubricants. Driven by these factors, the leading companies are expected to shift focus to safer synthetic and bio-based lubricants. 

The key product segments of the global marine lubricants market are synthetic, mineral, and bio-based lubricants. Of these, the mineral lubricants emerged dominant, accounting for over 87.19% share in the market in 2013. However, in the forthcoming years the demand for bio-based and synthetic lubricants is projected to rise, giving market players are new direction to explore. Furthermore, the recent technological improvements aimed at enhancing the shelf-life of mechanical parts of equipment used in the industry, will aid the market’s growth. 

However, reduced production of group I base oil could hamper the market’s trajectory to an extent. Nonetheless, experts project it to gain significantly from the toughening environmental regulations around the world. The flourishing shipping industry in Asia Pacific will provide the marine lubricants market with substantial scope to capitalize on in the forthcoming years. 

Global Marine Lubricants Market: Regional Outlook 

Europe, Asia Pacific, North America, and Rest of the World constitute the key segments in the global marine lubricants market. Of these, Europe dominated the global market in 2011. However, a paradigm shift is witnessed in the shipping industry in favor of Asia Pacific. This has been driven by the rising low-cost ship building activities and consumption in China. Besides this, the market is also expected to witness lucrative prospects in Japan and Singapore. The marine lubricants industry is forecast to follow the suit and explore opportunities across emerging economies over the forecast period. 

Companies Mentioned in Report 

To study the competition prevailing in the market, the report profiles some of the leading market participants such as BP Marine, Royal Dutch Shell, Chevron, Total Lubricants (Lubmarine), Castrol, and ExxonMobil. Besides evaluating the strategies adopted, the report also provides insights into the strengths and weaknesses of the companies profiled. The opportunities and threats that these companies are projected to witness over the course of forecast period are elaborated upon as well. 

Global Marine Lubricants Market is segmented as: 

Global marine lubricant market, by product type

  • Mineral oil marine lubricants
  • Synthetic marine lubricants
  • Bio-based marine lubricants 

Global marine lubricant market, by application

  • Engine oil marine lubricants
  • Hydraulic oil marine lubricants
  • Grease
  • Others (turbine oils, gear oils, compressor oils and heat transfer fluids) 

Global marine lubricant market, by geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Turkey
    • Germany
    • Italy
    • Spain
    • Netherlands
    • France
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Singapore
  • Rest of the World (RoW) 

This report gives you access to decisive data such as: 

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years 

Key highlights of this report 

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments


 
 
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