The global lubricants market size reached USD 129.81 Billion in 2021 and is expected to register a revenue CAGR of 3.57% during the forecast period, according to a latest analysis by Emergen Research. Rising demand for high-performance engines in the automotive industry is a crucial factor driving revenue growth of the market.

The global Lubricants Market report published by Emergen Research assesses the Lubricants market with regards to market size, market share, revenue growth, key segments, and regional bifurcation. The global Lubricants market is highly fragmented with numerous players operating on a global and regional level. The companies are engaged in mergers and acquisitions, joint ventures, and collaborations along with product advancements and R&D activities to cater to the growing global demand and gain a robust footing in the market.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Lubricants market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Valvoline Inc., PetroChina Company Limited, Exxon Mobil Corporation, JX Nippon Oil & Gas Exploration Corporation, Shell plc, British Petroleum plc, Quaker Chemical Corporation, China Petroleum & Chemical Corporation, Chevron Corporation, and TotalEnergies SE

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Emergen Research has segmented the global Lubricants market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

  • Base Oil Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)

    • Synthetic Oils
    • Mineral Oils
    • Bio-Based Oils

  • Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)

    • Industrial Lubrication
    • Gear and Engine Oil
    • Brake Fluids
    • Greases
    • Turbines
    • Vacuum Pumps
    • Others

  • End-Use Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)

    • Automotive Industry
    • Aerospace Industry
    • Marine Industry
    • Energy Industry
    • Oil and Gas Industry
    • Textile Industry
    • Others

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

  • Analysis and estimation of the Lubricants Market size and share for the projected period of 2022-2030
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Lubricants Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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