The global marine slow speed engine oil market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for marine engines and the need for low-emission fuels in order to meet environmental regulations. The passenger ship segment accounted for the largest share of this market in 2017, followed by freighter ships and offshore vessels. North America was the leading region in 2017, accounting for over one-third of total revenue generated from marine slow speed engine oil sales globally.
Some Of The Growth Factors Of This Market:
- The Marine Slow Speed Engine Oil Industry is driven by the increasing demand for marine engines and the need for engine oil in order to protect the engine from wear and tear.
- The Marine Slow Speed Engine Oil Industry is also driven by the increasing demand for marine engines, which are used in ships, boats, and other watercrafts.
- Increasing number of new vessels being built.
Industry Growth Insights published a new data on “Marine Slow Speed Engine Oil Industry Market”. The research report is titled “Marine Slow Speed Engine Oil Industry Market research by Types (Mineral Oil, Synthetic, Bio-Based), By Applications (Passenger Ship, Freighter), By Players/Companies ExxonMobil, Shell, Total, Chevron, Sinopec, JX Nippon, LUKOIL, Gulf, Castrol, Aegean, BP, Idem Itsu”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Slow Speed Engine Oil Industry Market Research Report
By Type
Mineral Oil, Synthetic, Bio-Based
By Application
Passenger Ship, Freighter
By Companies
ExxonMobil, Shell, Total, Chevron, Sinopec, JX Nippon, LUKOIL, Gulf, Castrol, Aegean, BP, Idem Itsu
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Marine Slow Speed Engine Oil Industry Market Report Segments:
The global Marine Slow Speed Engine Oil Industry market is segmented on the basis of:
Types
Mineral Oil, Synthetic, Bio-Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Ship, Freighter
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ExxonMobil
- Shell
- Total
- Chevron
- Sinopec
- JX Nippon
- LUKOIL
- Gulf
- Castrol
- Aegean
- BP
- Idem Itsu
Highlights of The Marine Slow Speed Engine Oil Industry Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mineral Oil
- Synthetic
- Bio-Based
- By Application:
- Passenger Ship
- Freighter
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Marine Slow Speed Engine Oil Industry Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The marine slow speed engine oil industry is a $2.5 billion global market that employs more than 100,000 people. The industry produces lubricants and greases for ships and other marine vessels, including diesel engines, gasoline engines, electric motors and generators.
Some of the major players in the marine slow speed engine oil industry market are ExxonMobil, Shell, Total, Chevron, Sinopec, JX Nippon, LUKOIL, Gulf, Castrol, Aegean, BP, Idem Itsu.
The marine slow speed engine oil industry market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Marine Slow Speed Engine Oil Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Marine Slow Speed Engine Oil Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Marine Slow Speed Engine Oil Industry Market - Supply Chain
4.5. Global Marine Slow Speed Engine Oil Industry Market Forecast
4.5.1. Marine Slow Speed Engine Oil Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Slow Speed Engine Oil Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Slow Speed Engine Oil Industry Market Absolute $ Opportunity
5. Global Marine Slow Speed Engine Oil Industry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Type
5.3.1. Mineral Oil
5.3.2. Synthetic
5.3.3. Bio-Based
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marine Slow Speed Engine Oil Industry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Application
6.3.1. Passenger Ship
6.3.2. Freighter
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marine Slow Speed Engine Oil Industry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Marine Slow Speed Engine Oil Industry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Marine Slow Speed Engine Oil Industry Demand Share Forecast, 2019-2026
9. North America Marine Slow Speed Engine Oil Industry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Application
9.4.1. Passenger Ship
9.4.2. Freighter
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Type
9.7.1. Mineral Oil
9.7.2. Synthetic
9.7.3. Bio-Based
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Marine Slow Speed Engine Oil Industry Demand Share Forecast, 2019-2026
10. Latin America Marine Slow Speed Engine Oil Industry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Application
10.4.1. Passenger Ship
10.4.2. Freighter
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Type
10.7.1. Mineral Oil
10.7.2. Synthetic
10.7.3. Bio-Based
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Marine Slow Speed Engine Oil Industry Demand Share Forecast, 2019-2026
11. Europe Marine Slow Speed Engine Oil Industry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Application
11.4.1. Passenger Ship
11.4.2. Freighter
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Type
11.7.1. Minera Oil
11.7.2. Synthetic
11.7.3. Bio-Based
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Marine Slow Speed Engine Oil Industry Demand Share, 2019-2026
12. Asia Pacific Marine Slow Speed Engine Oil Industry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Application
12.4.1. Passenger Ship
12.4.2. Freighter
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Type
12.7.1. Mineral Oil
12.7.2. Synthetic
12.7.3. Bio-Based
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Marine Slow Speed Engine Oil Industry Demand Share, 2019-2026
13. Middle East & Africa Marine Slow Speed Engine Oil Industry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Application
13.4.1. Passenger Ship
13.4.2. Freighter
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marine Slow Speed Engine Oil Industry Market Size and Volume Forecast by Type
13.7.1. Mineral Oil
13.7.2. Synthetic
13.7.3. Bio-Based
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Marine Slow Speed Engine Oil Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Slow Speed Engine Oil Industry Market: Market Share Analysis
14.2. Marine Slow Speed Engine Oil Industry Distributors and Customers
14.3. Marine Slow Speed Engine Oil Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ExxonMobil
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Total
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Chevron
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sinopec
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JX Nippon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LUKOIL
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gulf
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Castrol
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Aegean
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BP
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Idem Itsu
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook