Lubricant Market Research
Lubricants are largely applied in the form of motor oil, and aid in protecting the internal combustion engines in motor vehicles and powered equipment. In general, lubricants contain 90% base oil (most often petroleum fractions, called mineral oils) and less than 10% additives.
Research findings highlight that the global lubricant demand is forecast to reach 40.5 million metric tons in 2012. Gains will be strongest in the Asia/Pacific, Africa/Middle East and Latin American regions due to ongoing rapid industrialization and rising car ownership rates. Engine oils are expected to remain the largest segment, while process oils segment is projected to grow the fastest.
The Lubricant market research reports incorporate trend analysis, statistics, market size information, industry growth rates, as well as market share of competitors. The comprehensive research also goes on to examine details such as technology & systems and domestic & international markets.
The study is an essential resource for top-level data and analysis covering the lubricant industry. It includes detailed data on market size and segmentation, comprehensive analysis of the key trends and competitive landscape, and profiles of the leading companies.