Market Overview:
The global lubricating oil analysis market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for lubricating oils in various industries, such as transportation, industrial, oil & gas, energy & power and mining. In addition, the growing awareness about the benefits of using lubricating oils that are analyzed regularly is also contributing to the growth of this market. The global lubricating oil analysis market can be segmented on the basis of type into coolant analysis, grease analysis, metalworking fluids analysis and other types. The metalworking fluids segment is expected to grow at a higher CAGR during the forecast period from 2018 to 2030 owing to its growing application in various industries such as transportation and industrial. On the basis of application,the global lubricating oilanalysismarket can be divided into transportation sector,,industrial sector,,oil & gas sector,,energy & powersectorand miningsectoramong others .
Product Definition:
Lubricating oil analysis is the process of inspecting and testing lubricating oil to determine its condition. The purpose of lubricating oil analysis is to identify any problems that may be occurring in the oil so that they can be corrected before they cause damage to the machinery.
Coolant Analysis:
Coolant analysis is a process to determine the chemical composition of coolants present in lubricating oils. The analysis helps to identify various components such as water, glycols, additives and metals. These components are often responsible for causing damage to the engine if not removed properly. Hence it is important that these be identified and removed accordingly so as to maintain the health of the engine over long periods of time.
Grease Analysis:
The global grease analysis market is expected to witness significant growth over the forecast period. Grease analysis is a laboratory test that involves analyzing lubricating oil for various contaminants such as metal particles, acid contamination, and other solid particles. The test also determines the viscosity of grease and checks its purity & quality based on certain parameters. It helps in maintaining the efficiency of machinery by checking lubricant properties which include resistance to oxidation and thermal stability among others.
Application Insights:
The transportation segment dominated the global lubricating oil analysis market in 2017 and is expected to witness significant growth over the forecast period. The increasing use of lubricating oils in various types of vehicles, such as commercial vehicles, heavy-duty trucks, marine transport ships and aircraft to improve performance and extend equipment life is projected to drive the segment growth. In addition, technological advancements coupled with high demand for electric vehicles are anticipated to augment industry expansion over the coming years.
Industrial application accounted for a share of 26% in 2017 owing to its extensive usage across a wide range of industries including chemical processing plants, paper mills and metalworking facilities among others. Oils are used as coolants during manufacturing processes along with their applications across heat transfer processes that include melting/quenching/forging among others.
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 automotive production, growing industrialization, and rapid urbanization. China is one of the largest markets for lubricants in Asia Pacific as it has been witnessing strong economic growth over past few years. Moreover, India’s manufacturing sector is also expected to witness considerable growth owing to various policy reforms undertaken by Indian government from 2018 onwards.
Europe was another major regional segment that accounted for a significant share of global revenue in 2017 owing to high demand from numerous industries operating within this region including food & beverage, metalworking fluids analysis, energy & power industry among others.
Growth Factors:
- Increasing demand for lubricating oil from the automotive and transportation sector
- Growing awareness about the benefits of lubricating oil analysis among consumers
- Rising demand for high-quality lubricants across different industries
- Technological advancements in lube analysis equipment and methods
- Stringent government regulations pertaining to quality of lubricants
Scope Of The Report
Report Attributes
Report Details
Report Title
Lubricating Oil Analysis Market Research Report
By Type
Coolant Analysis, Grease Analysis, Metalworking Fluids Analysis, Other
By Application
Transportation, Industrial, Oil & Gas, Energy & Power, Mining, Other
By Companies
Bureau Veritas, SGS, Intertek Group, Shell, Chevron Corporation, Castrol, Unimarine, Tech Mahindra, Trico Corp, Total, Eni
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Lubricating Oil Analysis Market Report Segments:
The global Lubricating Oil Analysis market is segmented on the basis of:
Types
Coolant Analysis, Grease Analysis, Metalworking Fluids Analysis, Other
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, Industrial, Oil & Gas, Energy & Power, Mining, Other
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:
- Bureau Veritas
- SGS
- Intertek Group
- Shell
- Chevron Corporation
- Castrol
- Unimarine
- Tech Mahindra
- Trico Corp
- Total
- Eni
Highlights of The Lubricating Oil Analysis 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:
- Coolant Analysis
- Grease Analysis
- Metalworking Fluids Analysis
- Other
- By Application:
- Transportation
- Industrial
- Oil & Gas
- Energy & Power
- Mining
- Other
- 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 Lubricating Oil Analysis 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?
Lubricating oil analysis is a laboratory test that is used to determine the level of lubricants in a product. The test measures the amount of oil present in a sample and can help identify potential problems with the lubricant.
Some of the key players operating in the lubricating oil analysis market are Bureau Veritas, SGS, Intertek Group, Shell, Chevron Corporation, Castrol, Unimarine, Tech Mahindra, Trico Corp, Total, Eni.
The lubricating oil analysis market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lubricating Oil Analysis 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 Lubricating Oil Analysis Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lubricating Oil Analysis 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 Lubricating Oil Analysis 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 Lubricating Oil Analysis Market Size & Forecast, 2018-2028
4.5.1 Lubricating Oil Analysis Market Size and Y-o-Y Growth
4.5.2 Lubricating Oil Analysis Market Absolute $ Opportunity
Chapter 5 Global Lubricating Oil Analysis 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 Lubricating Oil Analysis Market Size Forecast by Type
5.2.1 Coolant Analysis
5.2.2 Grease Analysis
5.2.3 Metalworking Fluids Analysis
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lubricating Oil Analysis 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 Lubricating Oil Analysis Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Industrial
6.2.3 Oil & Gas
6.2.4 Energy & Power
6.2.5 Mining
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lubricating Oil Analysis 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 Lubricating Oil Analysis 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 Lubricating Oil Analysis Analysis and Forecast
9.1 Introduction
9.2 North America Lubricating Oil Analysis 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 Lubricating Oil Analysis Market Size Forecast by Type
9.6.1 Coolant Analysis
9.6.2 Grease Analysis
9.6.3 Metalworking Fluids Analysis
9.6.4 Other
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 Lubricating Oil Analysis Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Industrial
9.10.3 Oil & Gas
9.10.4 Energy & Power
9.10.5 Mining
9.10.6 Other
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 Lubricating Oil Analysis Analysis and Forecast
10.1 Introduction
10.2 Europe Lubricating Oil Analysis 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 Lubricating Oil Analysis Market Size Forecast by Type
10.6.1 Coolant Analysis
10.6.2 Grease Analysis
10.6.3 Metalworking Fluids Analysis
10.6.4 Other
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 Lubricating Oil Analysis Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Industrial
10.10.3 Oil & Gas
10.10.4 Energy & Power
10.10.5 Mining
10.10.6 Other
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 Lubricating Oil Analysis Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lubricating Oil Analysis 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 Lubricating Oil Analysis Market Size Forecast by Type
11.6.1 Coolant Analysis
11.6.2 Grease Analysis
11.6.3 Metalworking Fluids Analysis
11.6.4 Other
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 Lubricating Oil Analysis Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Industrial
11.10.3 Oil & Gas
11.10.4 Energy & Power
11.10.5 Mining
11.10.6 Other
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 Lubricating Oil Analysis Analysis and Forecast
12.1 Introduction
12.2 Latin America Lubricating Oil Analysis 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 Lubricating Oil Analysis Market Size Forecast by Type
12.6.1 Coolant Analysis
12.6.2 Grease Analysis
12.6.3 Metalworking Fluids Analysis
12.6.4 Other
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 Lubricating Oil Analysis Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Industrial
12.10.3 Oil & Gas
12.10.4 Energy & Power
12.10.5 Mining
12.10.6 Other
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) Lubricating Oil Analysis Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lubricating Oil Analysis 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) Lubricating Oil Analysis Market Size Forecast by Type
13.6.1 Coolant Analysis
13.6.2 Grease Analysis
13.6.3 Metalworking Fluids Analysis
13.6.4 Other
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) Lubricating Oil Analysis Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Industrial
13.10.3 Oil & Gas
13.10.4 Energy & Power
13.10.5 Mining
13.10.6 Other
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 Lubricating Oil Analysis Market: Competitive Dashboard
14.2 Global Lubricating Oil Analysis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bureau Veritas
14.3.2 SGS
14.3.3 Intertek Group
14.3.4 Shell
14.3.5 Chevron Corporation
14.3.6 Castrol
14.3.7 Unimarine
14.3.8 Tech Mahindra
14.3.9 Trico Corp
14.3.10 Total
14.3.11 Eni
