NORTH AMERICA LUBRICANTS MARKET FORECAST 2019-2028

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NORTH AMERICA LUBRICANTS MARKET FORECAST 2019-2028

The North America lubricants market is estimated to project a CAGR of 0.38%, during the forecast period of 2019 to 2028. The market growth is characterized by high demand growth in end-use industries like textile, medical textiles, packaging, manufacturing, and household. The North America lubricants market growth is assessed across the United States and Canada. The relatively large construction industry in the United States has been instrumental in creating a substantial demand for lubricants.

NORTH AMERICA LUBRICANTS MARKET FORECAST 2019-2028

North America Lubricants Market by Group (Group I, Group Ii, Group Iii, Group Iv, Group V) by Base Stock (Mineral Oil Lubricants, Synthetic Lubricants, Semi-synthetic Lubricants, Bio-based Lubricants) by Product Type (Engine Oil, Transmission and Hydraulic Fluids, Metalworking Fluids, General Industrial Oils, Gear Oil, Greases, Process Oils, Other Types) by End-user (Power Generation, Transportation, Heavy Equipment, Food and Beverage, Metallurgy and Metalworking, Chemical Manufacturing, Other End-users) and by Geography.

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The North America lubricants market is estimated to project a CAGR of 0.38%, during the forecast period of 2019 to 2028. The market growth is characterized by high demand growth in end-use industries like textile, medical textiles, packaging, manufacturing, and household.
North America Lubricants Market

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The North America lubricants market growth is assessed across the United States and Canada. The relatively large construction industry in the United States has been instrumental in creating a substantial demand for lubricants. The country’s construction industry is among the world’s leading enterprises, with an annual expenditure of over $xx billion in 2018. Moreover, the industry displayed steady growth over the years, and is projected to continue the trend across the forecast years. As a result of numerous political factors, many sectors in the United States are reshoring their manufacturing bases back to the country, which has caused an increase in the demand and use of industrial lubricants. Besides, the nation also accounts for extensive bio lubricant consumption, because of mandatory purchase requirements, rigid environmental protection policies, and healthy levels of self-regulation through trade relations and business leadership. The United States has also become one among the dominating energy exporters, across the globe. The government is initiating different measures towards expanding offshore oil drilling in the Arctic and Atlantic, by reviewing a five-year plan for auctioning overseas drilling rights. The initiatives are introduced to potentially include the remaining territories, thereby driving the market growth in this region.

Headquartered in Wisconsin, the United States, AMSOIL is an oil and energy enterprise that distributes synthetic lubricants, filtration products, and fuel additives. The company also specializes in developing synthetic lubricants that provide innovative solutions to major difficulties presented by vehicles and equipment. The company’s product, Synthetic 2-Stroke Injector Oil, specializes in reducing wear and maximizes engine life.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • DEVELOPMENT OF LUBRICANTS
    • MARKET DEFINITION
    •    KEY DRIVERS
      • NEED FOR HIGH PERFORMANCE LUBRICANTS ON RISE
      • DEMAND FROM END-USER INDUSTRIES
    •    KEY RESTRAINTS
      • SLOWDOWN IN AUTOMOBILE INDUSTRY
      • LENGTHENING OF OIL DRAIN INTERVALS
      • DISRUPTIONS FROM ELECTRIC VEHICLE MARKET
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
    •    KEY BUYING CRITERIA
      • FUNCTION
      • INGREDIENTS
      • PARAMETERS
      • EASE OF USE
      • LONGEVITY
      • COST
    • REGULATORY FRAMEWORK
  2. MARKET BY GROUP
    • GROUP I
    • GROUP II
    • GROUP III
    • GROUP IV
    • GROUP V
  3. MARKET BY BASE STOCK
    • MINERAL OIL LUBRICANTS
    • SYNTHETIC LUBRICANTS
    • SEMI-SYNTHETIC LUBRICANTS
    • BIO-BASED LUBRICANTS
  4. MARKET BY PRODUCT TYPE
    • ENGINE OIL
    • TRANSMISSION AND HYDRAULIC FLUIDS
    • METALWORKING FLUIDS
    • GENERAL INDUSTRIAL OILS
    • GEAR OIL
    • GREASES
    • PROCESS OILS
    • OTHER TYPES
  5. MARKET BY END-USER
    • POWER GENERATION
    • TRANSPORTATION
    • HEAVY EQUIPMENT
    • FOOD AND BEVERAGE
    • METALLURGY AND METALWORKING
    • CHEMICAL MANUFACTURING
    • OTHER END-USERS
  6. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. COMPANY PROFILES
    • AMSOIL INC
    • BASF SE
    • BHARAT PETROLEUM CORPORATION LIMITED
    • BP PLC
    • BLASER SWISSLUBE AG
    • CARL BECHEM GMBH
    • CHINA NATIONAL PETROLEUM CORPORATION
    • CHINA PETROLEUM & CHEMICAL CORPORATION (SINOPEC)
    • CHEVRON PHILLIPS CHEMICAL COMPANY LLC
    • ENI SPA
    • EXXON MOBIL CORPORATION
    • FUCHS
    • GAZPROM NEFT PJSC
    • GULF OIL CORPORATION LIMITED
    • HPCL
    • IDEMITSU KOSAN COMPANY LTD
    • INDIAN OIL CORPORATION LIMITED
    • ILLINOIS TOOL WORKS INC
    • JX NIPPON OIL & ENERGY CORPORATION
    • KLUBER LUBRICATION
    • SHELL CORP

TABLE LIST

TABLE 1: MARKET SNAPSHOT – LUBRICANTS

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: NORTH AMERICA LUBRICANTS MARKET, BY GROUP, HISTORICAL YEARS, 2016-2019 (IN KILOTONS)

TABLE 4: NORTH AMERICA LUBRICANTS MARKET, BY GROUP, FORECAST YEARS, 2019-2028 (IN KILOTONS)

TABLE 5: NORTH AMERICA LUBRICANTS MARKET, BY BASE STOCK, HISTORICAL YEARS, 2016-2019 (IN KILOTONS)

TABLE 6: NORTH AMERICA LUBRICANTS MARKET, BY BASE STOCK, FORECAST YEARS, 2019-2028 (IN KILOTONS)

TABLE 7: NORTH AMERICA LUBRICANTS MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2019 (IN KILOTONS)

TABLE 8: NORTH AMERICA LUBRICANTS MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2019-2028 (IN KILOTONS)

TABLE 9: NORTH AMERICA LUBRICANTS MARKET, BY END-USER, HISTORICAL YEARS, 2016-2019 (IN KILOTONS)

TABLE 10: NORTH AMERICA LUBRICANTS MARKET, BY END-USER, FORECAST YEARS, 2019-2028 (IN KILOTONS)

TABLE 11: NORTH AMERICA LUBRICANTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN KILOTONS)

TABLE 12: NORTH AMERICA LUBRICANTS MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN KILOTONS)

FIGURES LIST       

FIGURE 1: DEVELOPMENT OF LUBRICANTS

FIGURE 2: FUNCTIONS OF LUBRICANTS

FIGURE 3: KEY INVESTMENT INSIGHTS

FIGURE 4: PORTER’S FIVE FORCE ANALYSIS

FIGURE 5: OPPORTUNITY MATRIX

FIGURE 6: VENDOR LANDSCAPE

FIGURE 7: VALUE CHAIN ANALYSIS

FIGURE 8: KEY BUYING CRITERIA

FIGURE 9: NORTH AMERICA LUBRICANTS MARKET, GROWTH POTENTIAL, BY GROUP, IN 2019

FIGURE 10: NORTH AMERICA LUBRICANTS MARKET, BY GROUP I, 2019-2028 (IN KILOTONS)

FIGURE 11: NORTH AMERICA LUBRICANTS MARKET, BY GROUP II, 2019-2028 (IN KILOTONS)

FIGURE 12: NORTH AMERICA LUBRICANTS MARKET, BY GROUP III, 2019-2028 (IN KILOTONS)

FIGURE 13: NORTH AMERICA LUBRICANTS MARKET, BY GROUP IV, 2019-2028 (IN KILOTONS)

FIGURE 14: NORTH AMERICA LUBRICANTS MARKET, BY GROUP V, 2019-2028 (IN KILOTONS)

FIGURE 15: NORTH AMERICA LUBRICANTS MARKET, GROWTH POTENTIAL, BY BASE STOCK, IN 2019

FIGURE 16: NORTH AMERICA LUBRICANTS MARKET, BY MINERAL OIL LUBRICANTS, 2019-2028 (IN KILOTONS)

FIGURE 17: NORTH AMERICA LUBRICANTS MARKET, BY SYNTHETIC LUBRICANTS, 2019-2028 (IN KILOTONS)

FIGURE 18: NORTH AMERICA LUBRICANTS MARKET, BY SEMI-SYNTHETIC LUBRICANTS, 2019-2028 (IN KILOTONS)

FIGURE 19: NORTH AMERICA LUBRICANTS MARKET, BY BIO-BASED LUBRICANTS, 2019-2028 (IN KILOTONS)

FIGURE 20: NORTH AMERICA LUBRICANTS MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2019

FIGURE 21: NORTH AMERICA LUBRICANTS MARKET, BY ENGINE OIL, 2019-2028 (IN KILOTONS)

FIGURE 22: NORTH AMERICA LUBRICANTS MARKET, BY TRANSMISSION AND HYDRAULIC FLUIDS, 2019-2028 (IN KILOTONS)

FIGURE 23: NORTH AMERICA LUBRICANTS MARKET, BY METALWORKING FLUIDS, 2019-2028 (IN KILOTONS)

FIGURE 24: NORTH AMERICA LUBRICANTS MARKET, BY GENERAL INDUSTRIAL OILS, 2019-2028 (IN KILOTONS)

FIGURE 25: NORTH AMERICA LUBRICANTS MARKET, BY GEAR OIL, 2019-2028 (IN KILOTONS)

FIGURE 26: NORTH AMERICA LUBRICANTS MARKET, BY GREASES, 2019-2028 (IN KILOTONS)

FIGURE 27: NORTH AMERICA LUBRICANTS MARKET, BY PROCESS OILS, 2019-2028 (IN KILOTONS)

FIGURE 28: NORTH AMERICA LUBRICANTS MARKET, BY OTHER TYPES, 2019-2028 (IN KILOTONS)

FIGURE 29: NORTH AMERICA LUBRICANTS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2019

FIGURE 30: NORTH AMERICA LUBRICANTS MARKET, BY POWER GENERATION, 2019-2028 (IN KILOTONS)

FIGURE 31: NORTH AMERICA LUBRICANTS MARKET, BY TRANSPORTATION, 2019-2028 (IN KILOTONS)

FIGURE 32: NORTH AMERICA LUBRICANTS MARKET, BY HEAVY EQUIPMENT, 2019-2028 (IN KILOTONS)

FIGURE 33: NORTH AMERICA LUBRICANTS MARKET, BY FOOD AND BEVERAGE, 2019-2028 (IN KILOTONS)

FIGURE 34: NORTH AMERICA LUBRICANTS MARKET, BY METALLURGY AND METALWORKING, 2019-2028 (IN KILOTONS)

FIGURE 35: NORTH AMERICA LUBRICANTS MARKET, BY CHEMICAL MANUFACTURING, 2019-2028 (IN KILOTONS)

FIGURE 36: NORTH AMERICA LUBRICANTS MARKET, BY OTHER END-USERS, 2019-2028 (IN KILOTONS)

FIGURE 37: NORTH AMERICA LUBRICANTS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 38: UNITED STATES LUBRICANTS MARKET, 2019-2028 (IN KILOTONS)

FIGURE 39: CANADA LUBRICANTS MARKET, 2019-2028 (IN KILOTONS)

  1. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. MARKET BY GROUP
    • GROUP I
    • GROUP II
    • GROUP III
    • GROUP IV
    • GROUP V
  2. MARKET BY BASE STOCK
    • MINERAL OIL LUBRICANTS
    • SYNTHETIC LUBRICANTS
    • SEMI-SYNTHETIC LUBRICANTS
    • BIO-BASED LUBRICANTS
  3. MARKET BY PRODUCT TYPE
    • ENGINE OIL
    • TRANSMISSION AND HYDRAULIC FLUIDS
    • METALWORKING FLUIDS
    • GENERAL INDUSTRIAL OILS
    • GEAR OIL
    • GREASES
    • PROCESS OILS
    • OTHER TYPES
  4. MARKET BY END-USER
    • POWER GENERATION
    • TRANSPORTATION
    • HEAVY EQUIPMENT
    • FOOD AND BEVERAGE
    • METALLURGY AND METALWORKING
    • CHEMICAL MANUFACTURING
    • OTHER END-USERS

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