Market Overview:
The global outboard gear oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for outboard gear oils from various end-use applications, such as diesel boats, gasoline boats, and electric boats. Additionally, the growing popularity of recreational boating is also propelling the demand for outboard gear oils across different regions. Based on type, the global outboard gear oil market can be segmented into miner oil and synthetic oil. Of these, synthetic oil is expected to witness higher growth during the forecast period owing to its superior properties as compared with other types of oils available in the market. Based on application,the global outboard gear oil market can be segmented into diesel boat application, gasoline boat application and electric boat application.
Product Definition:
An oil used to lubricate the gears, bearings, and other moving parts of an outboard motor. Outboard gear oil is formulated to resist evaporation and keep water from penetrating the internal workings of the motor. It is also resistant to corrosion.
Miner Oil:
Miner oil is a special type of engine oil, which is specially designed to carry maximum amount of additives to protect the moving parts in an engine. The growth factor in the Miner Oil market is increasing owing to its usage by outboard boats and yachts.
Synthetic Oil:
Synthetic oil is a base stock for all motor oils. It is a blend of paraffinic and naphthenic oils which are derived from crude oil. The major function of synthetic oil is to provide good protection against wear and tear, this includes preventing the formation of sludge, rusting, corrosion & oxidation.
Application Insights:
Diesel boats held the largest revenue share of over 40.0% in 2017 and are expected to continue their dominance over the forecast period. These vessels are used for long-distance voyages as well as short trips across the bay or upriver. The demand for these boats is generally higher in developed economies such as U.K.
Regional Analysis:
Asia Pacific dominated the global outboard gear oil market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, most notably China and India. Growing demand for recreational boating as well as commercial fishing activities are projected to drive product sales in these countries, thereby supporting market growth.
Europe accounted for over 20% of the overall revenue share in 2017 owing to high demand from marine application industries operating onshore as well as offshore platforms. In addition, stringent regulations by various regulatory bodies such as UICoE (Underwater Inspection & Conservation Europe) and ICOM (International Commission on Manometrics) are projected to fuel industry growth over the coming years.
Growth Factors:
- Increasing demand for boats and other water vehicles
- Rising popularity of fishing and other water sports
- Growing awareness about the benefits of using outboard gear oil
- Technological advancements in the manufacturing of outboard gear oil 5. Rising disposable income among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Outboard Gear Oil Market Research Report
By Type
Miner Oil, Synthetic Oil
By Application
Diesel Boat, Gasoline Boat, Electric Boat
By Companies
Exxon Mobil Corporation, Royal Dutch Shell, Chevron Corporation, TOTAL, BP, CNPC, Sinopec, FUCHS, LUKOIL, CARL BECHEM GMBH, Phillips 66 Lubricants, Lubrizol Corporation
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Outboard Gear Oil Market Report Segments:
The global Outboard Gear Oil market is segmented on the basis of:
Types
Miner Oil, Synthetic Oil
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
Diesel Boat, Gasoline Boat, Electric Boat
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 Corporation
- Royal Dutch Shell
- Chevron Corporation
- TOTAL
- BP
- CNPC
- Sinopec
- FUCHS
- LUKOIL
- CARL BECHEM GMBH
- Phillips 66 Lubricants
- Lubrizol Corporation
Highlights of The Outboard Gear Oil 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:
- Miner Oil
- Synthetic Oil
- By Application:
- Diesel Boat
- Gasoline Boat
- Electric Boat
- 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 Outboard Gear Oil 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?
Outboard gear oil is a type of engine oil that is used to lubricate the moving parts of an outboard motor.
Some of the major players in the outboard gear oil market are Exxon Mobil Corporation, Royal Dutch Shell, Chevron Corporation, TOTAL, BP, CNPC, Sinopec, FUCHS, LUKOIL, CARL BECHEM GMBH, Phillips 66 Lubricants, Lubrizol Corporation.
The outboard gear oil 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 Outboard Gear Oil 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 Outboard Gear Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Outboard Gear Oil 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 Outboard Gear Oil 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 Outboard Gear Oil Market Size & Forecast, 2018-2028
4.5.1 Outboard Gear Oil Market Size and Y-o-Y Growth
4.5.2 Outboard Gear Oil Market Absolute $ Opportunity
Chapter 5 Global Outboard Gear Oil 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 Outboard Gear Oil Market Size Forecast by Type
5.2.1 Miner Oil
5.2.2 Synthetic Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Outboard Gear Oil 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 Outboard Gear Oil Market Size Forecast by Applications
6.2.1 Diesel Boat
6.2.2 Gasoline Boat
6.2.3 Electric Boat
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Outboard Gear Oil 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 Outboard Gear Oil 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 Outboard Gear Oil Analysis and Forecast
9.1 Introduction
9.2 North America Outboard Gear Oil 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 Outboard Gear Oil Market Size Forecast by Type
9.6.1 Miner Oil
9.6.2 Synthetic Oil
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 Outboard Gear Oil Market Size Forecast by Applications
9.10.1 Diesel Boat
9.10.2 Gasoline Boat
9.10.3 Electric Boat
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 Outboard Gear Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Outboard Gear Oil 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 Outboard Gear Oil Market Size Forecast by Type
10.6.1 Miner Oil
10.6.2 Synthetic Oil
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 Outboard Gear Oil Market Size Forecast by Applications
10.10.1 Diesel Boat
10.10.2 Gasoline Boat
10.10.3 Electric Boat
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 Outboard Gear Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Outboard Gear Oil 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 Outboard Gear Oil Market Size Forecast by Type
11.6.1 Miner Oil
11.6.2 Synthetic Oil
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 Outboard Gear Oil Market Size Forecast by Applications
11.10.1 Diesel Boat
11.10.2 Gasoline Boat
11.10.3 Electric Boat
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 Outboard Gear Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Outboard Gear Oil 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 Outboard Gear Oil Market Size Forecast by Type
12.6.1 Miner Oil
12.6.2 Synthetic Oil
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 Outboard Gear Oil Market Size Forecast by Applications
12.10.1 Diesel Boat
12.10.2 Gasoline Boat
12.10.3 Electric Boat
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) Outboard Gear Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Outboard Gear Oil 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) Outboard Gear Oil Market Size Forecast by Type
13.6.1 Miner Oil
13.6.2 Synthetic Oil
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) Outboard Gear Oil Market Size Forecast by Applications
13.10.1 Diesel Boat
13.10.2 Gasoline Boat
13.10.3 Electric Boat
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 Outboard Gear Oil Market: Competitive Dashboard
14.2 Global Outboard Gear Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Exxon Mobil Corporation
14.3.2 Royal Dutch Shell
14.3.3 Chevron Corporation
14.3.4 TOTAL
14.3.5 BP
14.3.6 CNPC
14.3.7 Sinopec
14.3.8 FUCHS
14.3.9 LUKOIL
14.3.10 CARL BECHEM GMBH
14.3.11 Phillips 66 Lubricants
14.3.12 Lubrizol Corporation
