Market Overview:
The global chain lubricant market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for chain lubricants from transportation, auto industry, aerospace, machinery & equipment, food and beverage, mining and chemicals sectors. In terms of type, industrial grade chain lubricants are expected to dominate the market during the forecast period owing to their high performance and superior quality as compared to other types of chain lubricants. However, food grade chains lubes are projectedto witness highest growth rate during the forecast period due to their growing demand from food processing industries.
Product Definition:
A chain lubricant is a type of lubricant that is used to reduce friction between the moving parts of a chain. Chain lubricants can come in either liquid or solid form, and are typically applied to the inside of the links in a chain. Chain lubricants are important because they help keep the moving parts of a chain well-lubricated, which reduces wear and tear on the components and helps to ensure that they move smoothly.
Industrial Grade:
Industrial grade lubricants are those products which have been specifically designed to meet the needs of industrial applications. They possess properties such as high viscosity, thermal stability and oxidation resistance along with being able to withstand extreme pressure and temperature.
Food Grade:
Food grade is a product that has been officially approved by the Food and Drug Administration (FDA) for human consumption. It is also used as an ingredient in other products such as pet food, pharmaceuticals, and cosmetics. The lubricant market follows the same standards and regulations set by FDA regarding ingredients used in their finished goods.
Application Insights:
The transportation application segment led the global chain lubricant market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing automotive production across the globe coupled with stringent regulations regarding pollution control. Automotive manufacturers are focusing on reducing vehicle emissions which, in turn, is likely to propel product demand over the coming years.
Automobile manufacturers including Ford Motor Company; General Motors Company; and Fiat Chrysler Automobiles N.V.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising population, rapid urbanization and growing infrastructure development. China is one of the largest markets for chain lubricants in Asia Pacific due to high production volume as well as increasing demand from various industries such as transportation, machinery & equipment, food processing and automotive.
The Middle East & Africa market is anticipated to witness significant growth over the forecast period owing to increased investments by multinational companies in order to reduce maintenance costs associated with their operations. For instance; In January 2018; Saudi Basic Industries Corporation (SABIC) announced plans for constructing a USD X billion petrochemical complex in Jubail Province that will include a polyethylene (PE) plant with an annual capacity of 300 kilotons each unit or 600 kilotons per annum capacity.
Growth Factors:
- Increasing demand from the automotive and transportation industry for chain lubricants as a preventive measure against wear and tear is expected to drive the market growth.
- Rising awareness about the benefits of using chain lubricants among consumers is projected to fuel market demand over the forecast period.
- Growing penetration of electric vehicles across developed and developing countries is anticipated to create new opportunities for Chain Lubricant market players in the coming years.
- Stringent government regulations pertaining to emissions are likely to propel use of synthetic-based chain lubricants, thereby propelling market growth over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Chain Lubricant Market Research Report
By Type
Industrial Grade, Food Grade
By Application
Transportation, Auto Industry, Aerospace, Machinery & Equipment, Food and Beverage, Mining, Chemicals, Cements
By Companies
Exxon Mobil, TOTAL, BP, Shell, Fuchs Petrolub SE, Sinopec, SKF, Chevron, Kluber Lubrication, Calumet Specialty Products Partners, BECHEM
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Chain Lubricant Market Report Segments:
The global Chain Lubricant market is segmented on the basis of:
Types
Industrial Grade, Food Grade
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
Transportation, Auto Industry, Aerospace, Machinery & Equipment, Food and Beverage, Mining, Chemicals, Cements
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:
- Exxon Mobil
- TOTAL
- BP
- Shell
- Fuchs Petrolub SE
- Sinopec
- SKF
- Chevron
- Kluber Lubrication
- Calumet Specialty Products Partners
- BECHEM
Highlights of The Chain Lubricant 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:
- Industrial Grade
- Food Grade
- By Application:
- Transportation
- Auto Industry
- Aerospace
- Machinery & Equipment
- Food and Beverage
- Mining
- Chemicals
- Cements
- 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 Chain Lubricant 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
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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?
Chain lubricant is a type of oil that is used to keep the chain moving smoothly. It helps to prevent the chain from becoming clogged with dirt and debris, which can cause the bike to stop working.
Some of the major players in the chain lubricant market are Exxon Mobil, TOTAL, BP, Shell, Fuchs Petrolub SE, Sinopec, SKF, Chevron, Kluber Lubrication, Calumet Specialty Products Partners, BECHEM.
The chain lubricant market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chain Lubricant Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Chain Lubricant Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Chain Lubricant Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Chain Lubricant Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Chain Lubricant Market Size & Forecast, 2020-2028 4.5.1 Chain Lubricant Market Size and Y-o-Y Growth 4.5.2 Chain Lubricant Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Food Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Auto Industry
6.2.3 Aerospace
6.2.4 Machinery & Equipment
6.2.5 Food and Beverage
6.2.6 Mining
6.2.7 Chemicals
6.2.8 Cements
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chain Lubricant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chain Lubricant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Food Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Auto Industry
9.10.3 Aerospace
9.10.4 Machinery & Equipment
9.10.5 Food and Beverage
9.10.6 Mining
9.10.7 Chemicals
9.10.8 Cements
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Food Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Auto Industry
10.10.3 Aerospace
10.10.4 Machinery & Equipment
10.10.5 Food and Beverage
10.10.6 Mining
10.10.7 Chemicals
10.10.8 Cements
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Food Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Auto Industry
11.10.3 Aerospace
11.10.4 Machinery & Equipment
11.10.5 Food and Beverage
11.10.6 Mining
11.10.7 Chemicals
11.10.8 Cements
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Food Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Auto Industry
12.10.3 Aerospace
12.10.4 Machinery & Equipment
12.10.5 Food and Beverage
12.10.6 Mining
12.10.7 Chemicals
12.10.8 Cements
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Food Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Auto Industry
13.10.3 Aerospace
13.10.4 Machinery & Equipment
13.10.5 Food and Beverage
13.10.6 Mining
13.10.7 Chemicals
13.10.8 Cements
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chain Lubricant Market: Competitive Dashboard
14.2 Global Chain Lubricant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Exxon Mobil
14.3.2 TOTAL
14.3.3 BP
14.3.4 Shell
14.3.5 Fuchs Petrolub SE
14.3.6 Sinopec
14.3.7 SKF
14.3.8 Chevron
14.3.9 Kluber Lubrication
14.3.10 Calumet Specialty Products Partners
14.3.11 BECHEM