Market Overview:
The global mechanical high performance lubricants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high performance lubricants from various end-use industries, such as automotive and transportation, heavy machinery and equipment, power generation, and others. In terms of type, the synthetic lubricants segment is expected to lead the global mechanical high performance lubricants market during the forecast period. This can be attributed to their superior properties as compared to other types of lubricants available in the market.
Product Definition:
Mechanical high performance lubricants are designed to meet the needs of equipment that requires enhanced lubrication performance. These lubricants help protect equipment from wear and tear, as well as corrosion. They also help improve the efficiency of operations by reducing friction and heat generation.
Synthetic Lubricants:
Synthetic Lubricants are man-made oils that were designed to improve the performance of machinery. They comprise a group of chemicals that can be blended together to form an oil solution, which has similar properties as those of natural lubricating oils. These products have been developed over many years and currently there are more than 80 different types in existence with unique properties and structures.
Bio-based Lubricants:
Bio-based lubricants are natural oils that are extracted from plants and animals. They have high viscosity, low toxicity, and biodegradability as compared to petroleum-based lubricants. Bio-lubricant is produced by the chemical synthesis of vegetable oil or animal fat with water or ethanol.
Application Insights:
The automotive and transportation segment accounted for the largest revenue share in 2017. The segment is also expected to witness a significant growth rate over the forecast period. This can be attributed to rising demand for high performance lubricants from various industries including automotive, marine, aerospace and defense, heavy machinery and equipment, power generation plants etc.
Automotive & transportation lubricant types include engine oil & grease type as well as transmission fluids which are used in various components of an automobile such as engine block/pistons/rotors along with transmission system or drive shafts among other components that make up an automobile¢â‚¬â„¢s driveline system.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industrial activities, which has led to an increase in demand for high performance lubricants. China is one of the largest markets for these products owing to its large manufacturing sector including heavy machinery, transportation equipment, and automotive components among others.
Europe accounted for a significant share of revenue on account of rising product demand from countries such as Germany, France, Italy and U.K., where major automobile manufacturers are based along with other prominent industries that use high-performance lubes such as aerospace & defense industry and power generation sector.
Growth Factors:
- Increasing demand from the automotive and transportation industry for high performance lubricants to improve fuel efficiency and reduce emissions.
- Growing demand for mechanical high performance lubricants in the industrial sector to improve machine productivity and reliability.
- Rising awareness among consumers about the benefits of using high performance lubricants in their vehicles or equipment.
- Technological advancements that have led to the development of new and improved formulations of mechanical high performance lubricants products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mechanical High Performance Lubricants Market Research Report
By Type
Synthetic Lubricants, Bio-based Lubricants
By Application
Automotive and Transportation, Heavy Machinery and Equipment, Power Generation, Other
By Companies
Royal Dutch Shell, Exxon Mobil, BP, Chevron Corporation, Total Lubricants, High Performance Lubricants, Gulf Oil Corporation, Idemitsu Kosan, Lukoil, Fuchs, Chemours
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Mechanical High Performance Lubricants Market Report Segments:
The global Mechanical High Performance Lubricants market is segmented on the basis of:
Types
Synthetic Lubricants, Bio-based Lubricants
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
Automotive and Transportation, Heavy Machinery and Equipment, Power Generation, 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:
- Royal Dutch Shell
- Exxon Mobil
- BP
- Chevron Corporation
- Total Lubricants
- High Performance Lubricants
- Gulf Oil Corporation
- Idemitsu Kosan
- Lukoil
- Fuchs
- Chemours
Highlights of The Mechanical High Performance Lubricants 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:
- Synthetic Lubricants
- Bio-based Lubricants
- By Application:
- Automotive and Transportation
- Heavy Machinery and Equipment
- Power Generation
- 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 Mechanical High Performance Lubricants 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?
Mechanical high performance lubricants are a type of oil that is specifically designed to reduce friction and wear in mechanical systems. They are often used in industrial applications, such as engines, turbines, and machines.
Some of the key players operating in the mechanical high performance lubricants market are Royal Dutch Shell, Exxon Mobil, BP, Chevron Corporation, Total Lubricants, High Performance Lubricants, Gulf Oil Corporation, Idemitsu Kosan, Lukoil, Fuchs, Chemours.
The mechanical high performance lubricants 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 Mechanical High Performance Lubricants 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 Mechanical High Performance Lubricants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mechanical High Performance Lubricants 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 Mechanical High Performance Lubricants 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 Mechanical High Performance Lubricants Market Size & Forecast, 2020-2028
4.5.1 Mechanical High Performance Lubricants Market Size and Y-o-Y Growth
4.5.2 Mechanical High Performance Lubricants 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 Synthetic Lubricants
5.2.2 Bio-based Lubricants
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 Automotive and Transportation
6.2.2 Heavy Machinery and Equipment
6.2.3 Power Generation
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mechanical High Performance Lubricants 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 Mechanical High Performance Lubricants 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 Synthetic Lubricants
9.6.2 Bio-based Lubricants
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 Automotive and Transportation
9.10.2 Heavy Machinery and Equipment
9.10.3 Power Generation
9.10.4 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 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 Synthetic Lubricants
10.6.2 Bio-based Lubricants
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 Automotive and Transportation
10.10.2 Heavy Machinery and Equipment
10.10.3 Power Generation
10.10.4 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 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 Synthetic Lubricants
11.6.2 Bio-based Lubricants
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 Automotive and Transportation
11.10.2 Heavy Machinery and Equipment
11.10.3 Power Generation
11.10.4 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 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 Synthetic Lubricants
12.6.2 Bio-based Lubricants
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 Automotive and Transportation
12.10.2 Heavy Machinery and Equipment
12.10.3 Power Generation
12.10.4 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) 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 Synthetic Lubricants
13.6.2 Bio-based Lubricants
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 Automotive and Transportation
13.10.2 Heavy Machinery and Equipment
13.10.3 Power Generation
13.10.4 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 Mechanical High Performance Lubricants Market: Competitive Dashboard
14.2 Global Mechanical High Performance Lubricants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Royal Dutch Shell
14.3.2 Exxon Mobil
14.3.3 BP
14.3.4 Chevron Corporation
14.3.5 Total Lubricants
14.3.6 High Performance Lubricants
14.3.7 Gulf Oil Corporation
14.3.8 Idemitsu Kosan
14.3.9 Lukoil
14.3.10 Fuchs
14.3.11 Chemours
