Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Mineral-oil-based Lubricants Market by Type (Fluid, Semi-fluid, Solid), By Application (Automotive, Marine, Aviation, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Mineral-oil-based Lubricants Market by Type (Fluid, Semi-fluid, Solid), By Application (Automotive, Marine, Aviation, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 135537 3300 Chemical & Material 377 237 Pages 4.5 (48)
                                          

Market Overview:


The global mineral-oil-based 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 mineral-oil-based lubricants from various end users, such as automotive, marine, aviation, and other applications. In terms of type, the global mineral-oil-based lubricants market is segmented into fluid, semi-fluid, and solid lubricants. The fluid type segment is expected to hold the largest share of the global mineral oil based lubricant market in 2018 owing to its high demand from various end users across different regions.


Global Mineral-oil-based Lubricants Industry Outlook


Product Definition:


A mineral-oil-based lubricant is a type of lubricant that uses mineral oil as its base. This type of lubricant is important because it can be used in a variety of applications, including automotive and industrial settings. Additionally, it is often less expensive than other types of lubricants and can provide good performance.


Fluid:


Fluid is a substance that is capable of flowing and moving freely. Fluids can be liquids or solids, however they all have one common feature, the capability to flow. The most commonly known fluids in this world are water, oil & gas (petroleum), blood, milk & honey among others.


The global lubricants industry has been witnessing strong growth over the past few years on account of rising demand from various application industries including automotive.


Semi-fluid:


Semi-fluid is a type of mineral oil based lubricant that has low viscosity and high flash point. It can be used as an alternative to water-based or synthetic lubricants in various applications such as metal working, food processing, printing & labeling machines and others.


The global semi-fluid market size was valued at USD 1.91 billion in 2016.


Application Insights:


Automotive, aviation and other applications together accounted for over 50% of the overall revenue share in 2017. The automotive segment is expected to witness significant growth on account of increasing demand for mineral-oil-based lubricants from various vehicle manufacturers across the globe. These lubricants are used in hydraulic systems, engine oil, transmission fluids as well as brake fluids applications.


The growing importance of these products in aircraft maintenance owing to superior properties such as resistance towards oxidation and high temperature is also expected to drive the market growth over the forecast period. In addition, they offer low friction compared to synthetic or petroleum-based products which further boosts their usage rate across a wide range of end uses including aerospace components manufacturing and repair services at airports worldwide.


Regional Analysis:


Asia Pacific dominated the global mineral-oil-based lubricants market in 2017 and is expected to continue its dominance over the forecast period. The presence of key aircraft engine manufacturers such as GE, Pratt & Whitney Canada, and CFM International in Montreal is one of the major factors contributing to this regional growth. Asia Pacific has also been a hub for automobile manufacturing owing to low labor costs and availability of land. Furthermore, increasing automotive production due to rising sales across emerging economies including China and India will drive demand further.


Europe was estimated at USD X billion in 2017 owing to high demand from industrial machinery applications along with stringent environmental regulations by various regulatory bodies such as EEA, EU etc.


Growth Factors:


  • Increasing demand from the automotive and transportation industry for mineral-oil-based lubricants as they are less viscous and have a higher flash point as compared to other synthetic lubricants, which makes them ideal for use in extreme temperature conditions.
  • Rising demand for mineral-oil-based lubricants in the industrial sector due to their ability to reduce wear and tear, prevent corrosion, and extend equipment life.
  • Growing awareness about the benefits of using mineral oil based lubricants among consumers across different industries is expected to drive market growth over the forecast period.
  • Technological advancements that have led to the development of new formulations of mineral oil based lubricants that offer better performance characteristics than traditional products is likely to propel market growth over the next few years

Scope Of The Report

Report Attributes

Report Details

Report Title

Mineral-oil-based Lubricants Market Research Report

By Type

Fluid, Semi-fluid, Solid

By Application

Automotive, Marine, Aviation, Other

By Companies

BP, CNPC, ExxonMobil, Royal Dutch Shell, Saudi Aramco, Tulstar Products, Chevron Phillips Chemical, Mitsui Chemicals

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 Mineral-oil-based Lubricants Market Report Segments:

The global Mineral-oil-based Lubricants market is segmented on the basis of:

Types

Fluid, Semi-fluid, Solid

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, Marine, Aviation, 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:

  1. BP
  2. CNPC
  3. ExxonMobil
  4. Royal Dutch Shell
  5. Saudi Aramco
  6. Tulstar Products
  7. Chevron Phillips Chemical
  8. Mitsui Chemicals

Global Mineral-oil-based Lubricants Market Overview


Highlights of The Mineral-oil-based Lubricants Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Fluid
    2. Semi-fluid
    3. Solid
  1. By Application:

    1. Automotive
    2. Marine
    3. Aviation
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Mineral-oil-based 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
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Mineral-oil-based Lubricants Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Mineral-oil-based lubricants are a type of lubricant that is made from oil and mineral ingredients. They are often used in industrial settings because they provide good slip and low wear rates.

Some of the major companies in the mineral-oil-based lubricants market are BP, CNPC, ExxonMobil, Royal Dutch Shell, Saudi Aramco, Tulstar Products, Chevron Phillips Chemical, Mitsui Chemicals.

The mineral-oil-based lubricants market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Mineral-oil-based 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. Mineral-oil-based Lubricants Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Mineral-oil-based Lubricants Market - Supply Chain
   4.5. Global Mineral-oil-based Lubricants Market Forecast
      4.5.1. Mineral-oil-based Lubricants Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Mineral-oil-based Lubricants Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Mineral-oil-based Lubricants Market Absolute $ Opportunity

5. Global Mineral-oil-based 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. Mineral-oil-based Lubricants Market Size and Volume Forecast by Type
      5.3.1. Fluid
      5.3.2. Semi-fluid
      5.3.3. Solid
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Mineral-oil-based 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. Mineral-oil-based Lubricants Market Size and Volume Forecast by Application
      6.3.1. Automotive
      6.3.2. Marine
      6.3.3. Aviation
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Mineral-oil-based 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. Mineral-oil-based 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 Mineral-oil-based 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. Mineral-oil-based 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 Mineral-oil-based Lubricants Demand Share Forecast, 2019-2029

9. North America Mineral-oil-based 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 Mineral-oil-based 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 Mineral-oil-based Lubricants Market Size and Volume Forecast by Application
      9.4.1. Automotive
      9.4.2. Marine
      9.4.3. Aviation
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Mineral-oil-based Lubricants Market Size and Volume Forecast by Type
      9.7.1. Fluid
      9.7.2. Semi-fluid
      9.7.3. Solid
   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 Mineral-oil-based Lubricants Demand Share Forecast, 2019-2029

10. Latin America Mineral-oil-based 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 Mineral-oil-based 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 Mineral-oil-based Lubricants Market Size and Volume Forecast by Application
      10.4.1. Automotive
      10.4.2. Marine
      10.4.3. Aviation
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Mineral-oil-based Lubricants Market Size and Volume Forecast by Type
      10.7.1. Fluid
      10.7.2. Semi-fluid
      10.7.3. Solid
   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 Mineral-oil-based Lubricants Demand Share Forecast, 2019-2029

11. Europe Mineral-oil-based 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 Mineral-oil-based 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 Mineral-oil-based Lubricants Market Size and Volume Forecast by Application
      11.4.1. Automotive
      11.4.2. Marine
      11.4.3. Aviation
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Mineral-oil-based Lubricants Market Size and Volume Forecast by Type
      11.7.1. Fluid
      11.7.2. Semi-fluid
      11.7.3. Solid
   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 Mineral-oil-based Lubricants Demand Share, 2019-2029

12. Asia Pacific Mineral-oil-based 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 Mineral-oil-based 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 Mineral-oil-based Lubricants Market Size and Volume Forecast by Application
      12.4.1. Automotive
      12.4.2. Marine
      12.4.3. Aviation
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Mineral-oil-based Lubricants Market Size and Volume Forecast by Type
      12.7.1. Fluid
      12.7.2. Semi-fluid
      12.7.3. Solid
   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 Mineral-oil-based Lubricants Demand Share, 2019-2029

13. Middle East & Africa Mineral-oil-based 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 Mineral-oil-based 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 Mineral-oil-based Lubricants Market Size and Volume Forecast by Application
      13.4.1. Automotive
      13.4.2. Marine
      13.4.3. Aviation
      13.4.4. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Mineral-oil-based Lubricants Market Size and Volume Forecast by Type
      13.7.1. Fluid
      13.7.2. Semi-fluid
      13.7.3. Solid
   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 Mineral-oil-based Lubricants Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Mineral-oil-based Lubricants Market: Market Share Analysis
   14.2. Mineral-oil-based Lubricants Distributors and Customers
   14.3. Mineral-oil-based Lubricants Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BP
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. CNPC
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. ExxonMobil
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Royal Dutch Shell
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Saudi Aramco
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Tulstar Products
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Chevron Phillips Chemical
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Mitsui Chemicals
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         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

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