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Biolubricants Market By Base Oil Type (Vegetable Oil, Animal Oil, and Others), By Application (Two-Cycle Engine Oil, Greases, Hydraulic Fluids, Metalworking Fluids, Gear Oils, Chainsaw Oils, Mold Release Agents, and Others), and By End-User (Consumer Automobile, Industrial, and Commercial Transport): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Published Date: 20-Jun-2018 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-3124 Status : Published

Global biolubricant market expected to generate revenue of around USD 3.41 billion by the end of 2024, growing at a CAGR of around 6.2% between 2018 and 2024. Lubricants work as anti-friction media. They ease smooth operations, uphold reliable machine functions, and lessen the risks of frequent failures.

Description

The report includes forecast and study for the biolubricant market on a global and regional level. The study comprises historic data of 2014-2016 along with a forecast from 2017 to 2024 based on revenue (USD Billion). The study encompasses drivers and restraints for the market along with their impact on the demand over the forecast period. Moreover, the report provides a study of opportunities present in the biolubricant market on a global and regional level. 

In order to provide the users with the comprehensive view of the biolubricant market, we have included a detailed competitive scenario and product portfolio of the key vendors. The analysis of Porter’s Five Forces model for the biolubricant market has also been included along with strategic development. The study includes market attractiveness analysis, where base oil type and product segments are benchmarked based on their market size and general attractiveness. 

The study provides a decisive view on the base oil base oil type, application, and end-user segment. All the segments have been analyzed based on current and future trends and the market is estimated from 2017 to 2024. The regional segmentation comprises of the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. 

Global Biolubricant Market

The report includes detailed competitive outlook including company profiles of the key participants operating in the global biolubricant market. Key players profiled in the report include Total SA. BP PLC, Royal Dutch Shell PLC, Panolin AG, Fuchs Petrolub AG, Albemarle Corporation, ExxonMobil Corporation, RoWe Mineralolwerk GmbH, Chevron Corporation, Klüber Lubrication München SE & Co. Kg, Emery Oleochemicals, and Polnox Corporation, among others, are some of the major players in the biolubricant market.  

This report segments the biolubricants market as follows:

Biolubricants Market: Base Oil Type Analysis

  • Vegetable Oil
  • Animal Oil
  • Others

Biolubricants Market: Application Analysis

  • Two-Cycle Engine Oil
  • Hydraulic Fluids
  • Metalworking Fluids
  • Gear Oils
  • Greases
  • Chainsaw Oils
  • Mold Release Agents
  • Others

Biolubricants Market: End-User Analysis

  • Consumer Automobile
  • Industrial
  • Commercial Transport 

Biolubricants Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global biolubricant market revenue, 2015 - 2024 (USD Billion)
    • 2.2. Global biolubricant market: Snapshot
  •  
  • Chapter 3. Biolubricant Market - Global and Industry Analysis
    • 3.1. Biolubricant : Market dynamics
    • 3.2. Market drivers
      • 3.2.1. Drivers of global biolubricant market: Impact analysis
      • 3.2.2. Growing awareness
    • 3.3. Market Restraints
      • 3.3.1. Restraints of global biolubricant market: Impact analysis
      • 3.3.2. High price
    • 3.4. Opportunities
      • 3.4.1. Growing demand for emerging economies
    • 3.5. Porter's five forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by base oil base oil type
      • 3.6.2. Market attractiveness analysis by application
      • 3.6.3. Market attractiveness analysis by end-user
      • 3.6.4. Market attractiveness analysis by regional
  •  
  • Chapter 4. Global Biolubricant Market - Competitive Landscape
    • 4.1. Company market share, 2017
      • 4.1.1. Global biolubricant market : company market share, 2017
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Product and Regional Expansion
  •  
  • Chapter 5. Global Biolubricant Market - Base Oil Type Analysis
    • 5.1. Global biolubricant market: base oil type overview
      • 5.1.1. Global biolubricant market revenue share, by base oil type, 2017- 2024
    • 5.2. Vegetable Oil
      • 5.2.1. Global vegetable oil biolubricant market, 2015- 2024 (USD Billion)
    • 5.3. Animal Oil
      • 5.3.1. Global animal oil biolubricant market, 2015- 2024 (USD Billion)
    • 5.4. Others
      • 5.4.1. Global other biolubricant market, 2015- 2024 (USD Billion)
  •  
  • Chapter 6. Global Biolubricant Market - Application Analysis
    • 6.1. Global biolubricant market: application overview
      • 6.1.1. Global biolubricant market revenue share, by application, 2017- 2024
    • 6.2. Two-Cycle Engine Oil
      • 6.2.1. Global biolubricant market, for engine oil, 2015- 2024 (USD Billion)
    • 6.3. Hydraulic Fluids
      • 6.3.1. Global biolubricant market, for hydraulic fluids, 2015- 2024 (USD Billion)
    • 6.4. Metalworking Fluids
      • 6.4.1. Global biolubricant market, for metalworking fluids, 2015- 2024 (USD Billion)
    • 6.5. Greases
      • 6.5.1. Global biolubricant market, for greases, 2015- 2024 (USD Billion)
    • 6.6. Gear Oils
      • 6.6.1. Global biolubricant market, for gear oils, 2015- 2024 (USD Billion)
    • 6.7. Chainsaw Oils
      • 6.7.1. Global biolubricant market, for chainsaw oils, 2015- 2024 (USD Billion)
    • 6.8. Mold Release Agents
      • 6.8.1. Global biolubricant market, for mold release agents, 2015- 2024 (USD Billion)
    • 6.9. Others
      • 6.9.1. Global biolubricant market, for other applications, 2015- 2024 (USD Billion)
  •  
  • Chapter 7. Global Biolubricant Market - Regional Analysis
    • 7.1. Global biolubricant market: Regional overview
      • 7.1.1. Global biolubricant market revenue share by region, 2017- 2024
    • 7.2. North America
      • 7.2.1. North America biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
      • 7.2.2. North America biolubricant market revenue, by application, 2015- 2024 (USD Billion)
      • 7.2.3. North America biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
      • 7.2.4. U.S.
        • 7.2.4.1. U.S. biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
        • 7.2.4.2. U.S. biolubricant market revenue, by application, 2015- 2024 (USD Billion)
        • 7.2.4.3. U.S. biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
    • 7.3. Europe
      • 7.3.1. Europe biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
      • 7.3.2. Europe biolubricant market revenue, by application, 2015- 2024 (USD Billion)
      • 7.3.3. Europe biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
      • 7.3.4. UK
        • 7.3.4.1. UK biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
        • 7.3.4.2. UK biolubricant market revenue, by application, 2015- 2024 (USD Billion)
        • 7.3.4.3. UK biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
      • 7.3.5. Germany
        • 7.3.5.1. Germany biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
        • 7.3.5.2. Germany biolubricant market revenue, by application, 2015- 2024 (USD Billion)
        • 7.3.5.3. Germany biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
      • 7.3.6. France
        • 7.3.6.1. France biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
        • 7.3.6.2. France biolubricant market revenue, by application, 2015- 2024 (USD Billion)
        • 7.3.6.3. France biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
      • 7.4.2. Asia Pacific biolubricant market revenue, by application, 2015- 2024 (USD Billion)
      • 7.4.3. Asia Pacific biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
      • 7.4.4. China
        • 7.4.4.1. China biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
        • 7.4.4.2. China biolubricant market revenue, by application, 2015- 2024 (USD Billion)
        • 7.4.4.3. China biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
      • 7.4.5. Japan
        • 7.4.5.1. Japan biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
        • 7.4.5.2. Japan biolubricant market revenue, by application, 2015- 2024 (USD Billion)
        • 7.4.5.3. Japan biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
      • 7.4.6. India
        • 7.4.6.1. India biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
        • 7.4.6.2. India biolubricant market revenue, by application, 2015- 2024 (USD Billion)
        • 7.4.6.3. India biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
      • 7.5.2. Latin America biolubricant market revenue, by application, 2015- 2024 (USD Billion)
      • 7.5.3. Latin America biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
      • 7.5.4. Brazil
        • 7.5.4.1. Brazil biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
        • 7.5.4.2. Brazil biolubricant market revenue, by application, 2015- 2024 (USD Billion)
        • 7.5.4.3. Brazil biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa biolubricant market revenue, by base oil type, 2015- 2024 (USD Billion)
      • 7.6.2. Middle East and Africa biolubricant market revenue, by application, 2015- 2024 (USD Billion)
      • 7.6.3. Middle East and Africa biolubricant market revenue, by end-user, 2015- 2024 (USD Billion)
  •  
  • Chapter 8. Company Profile
    • 8.1. Total SA.
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. BP PLC
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Royal Dutch Shell PLC
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Panolin AG
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Fuchs Petrolub AG
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Albemarle Corporation
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Exxonmobil Corporation
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. RoWe Mineralolwerk GmbH
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Chevron Corporation
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Klüber Lubrication München SE & Co. Kg
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments
    • 8.11. Emery Oleochemicals
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Product portfolio
      • 8.11.4. Business strategy
      • 8.11.5. Recent developments
    • 8.12. Polnox Corporation
      • 8.12.1. Overview
      • 8.12.2. Financials
      • 8.12.3. Product portfolio
      • 8.12.4. Business strategy
      • 8.12.5. Recent developments

Methodology

Free Analysis

Biolubricants are renewable lubricants that are biodegradable, non-toxic in nature, and emits net zero greenhouse gas. Biolubricants also applies to lubricants which are both biodegradable and nontoxic for humans and aquatic environments.

Lubricants play a vital role in every industry. However, various rules regulated by the government on the use of conventional lubricants lead to the huge demand for biolubricants. Biolubricants possess finer characteristics such as high flash points, constant viscosity, biodegradability, and lower emission levels. These eminent characteristics are expected to fuel the demand of the biolubricants in several industrial applications. However, lack of awareness coupled with high prices of biolubricants among the underdeveloped economies may obstruct the growth of the biolubricants market. Nevertheless, spreading out of the automotive sector, predominantly in emerging regions such as India, China, South Africa & Brazil is expected to contribute to the huge demand of biolubricants market in the forecast period.

On the basis of base oil type, the biolubricants market can be segmented as vegetable oil, animal oil, and other types. Vegetable oil held the major chunk of the biolubricants market. The various constructive characteristics of vegetable oil such as eco-friendly, nontoxicity, and renewable nature makes it appropriate for the feedstock. Numerous applications of biolubricants are engine oil, hydraulic fluids, metalworking fluids, gear oils, chainsaw oils, mold release agents, and other applications. Two-cycle engine oil curled the biolubricants market followed by hydraulic fluids. Hydraulic fluids are used in moving mechanical parts, elevator, cylinders in bridges and locks, and others. Bio-based engine oils reveal the superior inherent rate of biodegradation, low toxicity to aquatic organisms, and very low level of bioaccumulation. Based on end-user, the market is segmented as consumer automobile, industrial, and commercial transport.

Global Biolubricant Market

The growth rate of biolubricant market differ by region, despite fairly strong growth, penetration of biolubricants is partial. The major cause for this is the limited uptake of biolubricants which includes lofty prices and deficiency in high-performing formulations with respect to conventional lubricants and suitable additives. North America followed by Europe governed the biolubricants market in 2017 and is further expected to maintain this trend over the forecast period. The U.S. is closely followed by Germany and Nordic countries such as Sweden, Denmark, Norway, and Finland are the major consumers of the biolubricants across the globe led the market by highest consumption rate in 2016. Various stringent regulations imposed by the governing bodies on the use of conventional lubricants led to huge consumption of eco-friendly biolubricants in these regions. Heavy availability of soybean & rapeseed in North America is expected to drive the industry growth in this region.

The Asia Pacific is expected to be accountable for the significant growth in the coming years. India being third largest economy for production of lubricants lacks its presence in global biolubricants market owing to low stringent laws and low cost of conventional lubricants. However, the nation’s superior oil and lubricant producers are launching biolubricants which may withstand the biolubricants market in this region over the forecast period.

Some of the key players in the biolubricants market are Total SA. BP PLC, Royal Dutch Shell PLC, Panolin AG, Fuchs Petrolub AG, Albemarle Corporation, ExxonMobil Corporation, RoWe Mineralolwerk GmbH, Chevron Corporation, Klüber Lubrication München SE & Co. Kg, Emery Oleochemicals, and Polnox Corporation, among others. Escalating R&D initiatives by key players along with technological innovations is expected to initiate new avenues for biolubricants applications.

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