Market Overview:
The global hydropower lubricants 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 electricity and rising investments in hydropower projects across the globe. In addition, growing awareness about the benefits of using hydropower lubricants is also contributing to the growth of this market. Based on type, heavy duty hydropower lubricants are expected to account for a larger share of the global market than light duty hydropower lubricants during the forecast period. This can be attributed to their superior properties such as high thermal stability and resistance against wear and tear as compared with light duty hydropower lubricants.
Product Definition:
Lubricants are oils, greases or other fluids that reduce friction between moving parts. Lubricants can also cool and clean the surfaces of the parts they touch. Hydropower lubricants are used to protect equipment in hydroelectric power plants from wear and tear.
Heavy Duty Hydropower Lubricants:
Heavy-duty hydropower lubricants are used to reduce friction in the turbines and generators, which, in turn, helps to increase the efficiency of power plants. The product is manufactured from base stock oils and other additives that help enhance performance under extreme pressure/temperature conditions.
The global heavy-duty hydropower lubricants market size was valued at USD 1.91 billion in 2016.
Light Duty Hydropower Lubricants:
Light duty hydropower lubricants are specially formulated to meet the performance and environmental standards of modern hydropower plants. They are a special type of synthetic that is developed for use in high-pressure, high temperature, and highly aggressive water systems.
Application Insights:
The generator bearings segment accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. Generator bearings are used on both small and large hydropower plants, with capacities ranging from 0.5 to 500 MW. Hydropower generators operate at high temperatures; consequently, they require heavy-duty lubricants that can provide sufficient oil flow despite of their thickener properties.
The water turbines segment is expected to register a significant CAGR during the forecast period owing to increasing installed capacity across various countries including China, India and Brazil in recent years. Lubrication plays an important role in the performance of hydromechanical equipment such as turbine blades or shafts; therefore; proper selection of products is crucial while designing any such machinery component or systemically modifying an existing one so it will perform better under all operating conditions (temperature & pressure).
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. China accounts for a major share of global hydropower production, which has resulted in high demand for lubricants from that country. In addition, growing awareness regarding energy security and environmental protection is likely to propel market growth over the next eight years.
Europe accounted for more than 20% of total revenue share in 2016 owing to large scale adoption of hydropower plants across countries such as Germany, Switzerland, Norway among others. Moreover, increasing focus on renewable sources of energy due to strict regulations by European Union (EU) is anticipated to drive industry growth over the forecast period.
Latin America also holds a significant share owing with presence large number water power stations across Brazil and other countries such as Argentina Chile among others).
Growth Factors:
- Increasing demand for energy due to population growth and industrialization in developing countries
- Government policies and regulations supporting renewable energy sources over traditional fuels
- Rising awareness about the benefits of using hydropower lubricants among consumers and businesses
- Technological advancements that have made hydropower lubricants more efficient and reliable than ever before
- Growing number of partnerships between key players in the hydropower lubricants market
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydropower Lubricants Market Research Report
By Type
Heavy Duty Hydropower Lubricants, Light Duty Hydropower Lubricants
By Application
Generator Bearings, Gears, Water Turbines, Wire Ropes, Others
By Companies
Exxon Mobil Corporation, Panolin AG, Royal Dutch Shell, Total S.A., Lubrication Engineers, Chevron Corporation, JXTG Nippon Oil & Energy Corporation, FUCHS, Engen Petroleum, Matrix Specialty Lubricants, Perto-Canada Lubricants Inc., Kluber Lubrication, Sinopec
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Hydropower Lubricants Market Report Segments:
The global Hydropower Lubricants market is segmented on the basis of:
Types
Heavy Duty Hydropower Lubricants, Light Duty Hydropower 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
Generator Bearings, Gears, Water Turbines, Wire Ropes, Others
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
- Panolin AG
- Royal Dutch Shell
- Total S.A.
- Lubrication Engineers
- Chevron Corporation
- JXTG Nippon Oil & Energy Corporation
- FUCHS
- Engen Petroleum
- Matrix Specialty Lubricants
- Perto-Canada Lubricants Inc.
- Kluber Lubrication
- Sinopec
Highlights of The Hydropower 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:
- Heavy Duty Hydropower Lubricants
- Light Duty Hydropower Lubricants
- By Application:
- Generator Bearings
- Gears
- Water Turbines
- Wire Ropes
- Others
- 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 Hydropower 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
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- 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?
Hydropower lubricants are used to reduce friction and wear in rotating machinery, such as turbines and generators. They are also used in pumps, valves, and other moving parts.
Some of the major players in the hydropower lubricants market are Exxon Mobil Corporation, Panolin AG, Royal Dutch Shell, Total S.A., Lubrication Engineers, Chevron Corporation, JXTG Nippon Oil & Energy Corporation, FUCHS, Engen Petroleum, Matrix Specialty Lubricants, Perto-Canada Lubricants Inc., Kluber Lubrication, Sinopec.
The hydropower lubricants market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydropower Lubricants 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. Hydropower Lubricants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydropower Lubricants Market - Supply Chain
4.5. Global Hydropower Lubricants Market Forecast
4.5.1. Hydropower Lubricants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydropower Lubricants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydropower Lubricants Market Absolute $ Opportunity
5. Global Hydropower Lubricants 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. Hydropower Lubricants Market Size and Volume Forecast by Type
5.3.1. Heavy Duty Hydropower Lubricants
5.3.2. Light Duty Hydropower Lubricants
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydropower Lubricants 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. Hydropower Lubricants Market Size and Volume Forecast by Application
6.3.1. Generator Bearings
6.3.2. Gears
6.3.3. Water Turbines
6.3.4. Wire Ropes
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydropower Lubricants 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. Hydropower Lubricants 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 Hydropower Lubricants 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. Hydropower Lubricants 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 Hydropower Lubricants Demand Share Forecast, 2019-2026
9. North America Hydropower Lubricants 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 Hydropower Lubricants 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 Hydropower Lubricants Market Size and Volume Forecast by Application
9.4.1. Generator Bearings
9.4.2. Gears
9.4.3. Water Turbines
9.4.4. Wire Ropes
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydropower Lubricants Market Size and Volume Forecast by Type
9.7.1. Heavy Duty Hydropower Lubricants
9.7.2. Light Duty Hydropower Lubricants
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 Hydropower Lubricants Demand Share Forecast, 2019-2026
10. Latin America Hydropower Lubricants 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 Hydropower Lubricants 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 Hydropower Lubricants Market Size and Volume Forecast by Application
10.4.1. Generator Bearings
10.4.2. Gears
10.4.3. Water Turbines
10.4.4. Wire Ropes
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydropower Lubricants Market Size and Volume Forecast by Type
10.7.1. Heavy Duty Hydropower Lubricants
10.7.2. Light Duty Hydropower Lubricants
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 Hydropower Lubricants Demand Share Forecast, 2019-2026
11. Europe Hydropower Lubricants 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 Hydropower Lubricants 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 Hydropower Lubricants Market Size and Volume Forecast by Application
11.4.1. Generator Bearings
11.4.2. Gears
11.4.3. Water Turbines
11.4.4. Wire Ropes
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydropower Lubricants Market Size and Volume Forecast by Type
11.7.1. Heavy Duty Hydropower Lubricants
11.7.2. Light Duty Hydropower Lubricants
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 Hydropower Lubricants Demand Share, 2019-2026
12. Asia Pacific Hydropower Lubricants 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 Hydropower Lubricants 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 Hydropower Lubricants Market Size and Volume Forecast by Application
12.4.1. Generator Bearings
12.4.2. Gears
12.4.3. Water Turbines
12.4.4. Wire Ropes
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydropower Lubricants Market Size and Volume Forecast by Type
12.7.1. Heavy Duty Hydropower Lubricants
12.7.2. Light Duty Hydropower Lubricants
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 Hydropower Lubricants Demand Share, 2019-2026
13. Middle East & Africa Hydropower Lubricants 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 Hydropower Lubricants 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 Hydropower Lubricants Market Size and Volume Forecast by Application
13.4.1. Generator Bearings
13.4.2. Gears
13.4.3. Water Turbines
13.4.4. Wire Ropes
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydropower Lubricants Market Size and Volume Forecast by Type
13.7.1. Heavy Duty Hydropower Lubricants
13.7.2. Light Duty Hydropower Lubricants
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 Hydropower Lubricants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydropower Lubricants Market: Market Share Analysis
14.2. Hydropower Lubricants Distributors and Customers
14.3. Hydropower Lubricants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Exxon Mobil Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Panolin AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Royal Dutch Shell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Total S.A.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lubrication Engineers
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chevron Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JXTG Nippon Oil & Energy Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. FUCHS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Engen Petroleum
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Matrix Specialty Lubricants
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Perto-Canada Lubricants Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kluber Lubrication
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sinopec
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
