Press Resease

Marine Lubricants Market by Oil Type (Mineral Oil, Synthetic Oil, Bio-Based, and Grease), by Application (Engine oil, Hydraulic Fluid, Compressor Oil), and by Ship Type (Bulk Carrier, Tanker, and Container): Global Industry Perspective, Comprehensive Analysis,and Forecast, 2017–2024

Published Date: 21-Nov-2018 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-3537 Status : Published

Global marine lubricants market expected to generate revenue of around USD 6.28 billion by the end of 2024, growing at a CAGR of around 2.2% between 2018 and 2024. Marine lubricants provide essential features like extending engine life, protecting the engine and other components at high temperature.

Description

The report covers a forecast and an analysis of the marine lubricants market on a global and regional level. The study provides historical data for2015 to 2017 along with a forecast from 2018 to 2024 based on volume (Kilotons) and revenue (USD Billion). The study includes drivers and restraints for the marine lubricants market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the marine lubricants market on a global level.

In order to give the users of this report a comprehensive view on the marine lubricants market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein oil type, application, and ship type segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Marine Lubricants Market

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new application launch, agreements, partnerships, collaborations & joint ventures, research& development, application and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and oil type portfolio of various companies according to the region.

The study provides a decisive view on the marine lubricants market by segmenting the market based on oil type, application, ship type and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. This segmentation includes demand for marine lubricants market based on all segments in all the regions and countries.

Total S.A., PJSC Lukoil, Royal Dutch Shell Plc, Valvoline Inc., Quepet, BP plc, Chevron Corporation, Synforce lubricants, Gulf Oil and Indian Oil, Exxon Mobil Corporation, Sinopec Corporation, and Idemitsu Kosan Co. Ltd. are some of the leading players operating in the global marine lubricants market.

This report segments the global marine lubricants market as follows:

Global Marine Lubricants Market: Oil Type Segment Analysis

  • Mineral Oil
  • Synthetic Oil
  • Bio-based
  • Grease

Global Marine Lubricants Market: Application Segment Analysis

  • Engine Oil
  • Hydraulic Fluid
  • Compressor Oil

Global Marine Lubricants Market: Ship Type Segment Analysis

  • Bulk Carrier
  • Tanker
  • Container

Global Marine LubricantsMarket: Regional Segment 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
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research scope
    • 1.3. Market Research Methodology
      • 1.3.1. Level 1: Primary Research
      • 1.3.2. Level 2: Secondary Research
      • 1.3.3. Level 3: Data Validation and Expert Panel Assessment
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global marine lubricants market, 2015 - 2024(Kilotons)(USD Billion)
    • 2.2. Global marine lubricants market: Snapshot
  •  
  • Chapter 3. Marine Lubricants Market - Dynamics
    • 3.1. Introduction
      • 3.1.1. Classification of marine lubricants
      • 3.1.2. Key Trend Analysis
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Drivers of global marine lubricants market: Impact analysis
      • 3.3.2. Infrastructural developments strengthening the shipping industry
      • 3.3.3. Emerging emission abatement technologies
    • 3.4. Market Restraints
      • 3.4.1. Restraints for global marine lubricants market: Impact analysis
      • 3.4.2. The slowdown in trade activities leading to rising number of idle ships
    • 3.5. Opportunities
      • 3.5.1. Increasing demand for bio-based marine lubricants
    • 3.6. Porter's Five Forces Analysis
    • 3.7. Attractiveness Investment Proposition
      • 3.7.1. Market attractiveness analysis by oil type segment
      • 3.7.2. Market attractiveness analysis by application segment
      • 3.7.3. Market attractiveness analysis, by ship type segment
      • 3.7.4. Market attractiveness analysis by region segment
  •  
  • Chapter 4. Global Marine Lubricants Market - Competitive Landscape
    • 4.1. Company market share analysis, 2016 (subject to data availability)
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Types Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
    • 4.3. Research and Development, Types and Regional Expansion
  •  
  • Chapter 5. Global Marine Lubricants Market - Oil Type Analysis
    • 5.1. Marine lubricants market: Oil type segment analysis
      • 5.1.1. Global marine lubricants market share by oil type segment, 2017-2024
    • 5.2. Synthetic Oil
      • 5.2.1. Overview
      • 5.2.2. Global synthetic oil market, 2015 - 2024, (Kilotons) (USD Billion)
    • 5.3. Mineral Oil
      • 5.3.1. Overview
      • 5.3.2. Global mineral oil market, 2015 - 2024, (Kilotons) (USD Billion)
    • 5.4. Bio-based
      • 5.4.1. Overview
      • 5.4.2. Global bio-based market, 2015 - 2024, (Kilotons) (USD Billion)
    • 5.5. Grease
      • 5.5.1. Overview
      • 5.5.2. Global grease market, 2015 - 2024, (Kilotons) (USD Billion)
  •  
  • Chapter 6. Global Marine Lubricants Market: Application Analysis
    • 6.1. Global marine lubricants market: application overview
      • 6.1.1. Global marine lubricants market volume share by application, 2017 and 2024
    • 6.2. Hydraulic Fluid
      • 6.2.1. Overview
      • 6.2.2. Global marine lubricants market for hydraulic fluid, 2015 - 2024 (Kilotons) (USD Billion)
    • 6.3. Engine Oil
      • 6.3.1. Overview
      • 6.3.2. Global marine lubricants market for engine oil, 2015 - 2024 (Kilotons) (USD Billion)
    • 6.4. Compressor Oil
      • 6.4.1. Overview
      • 6.4.2. Global marine lubricants market for compressor oil, 2015 - 2024 (Kilotons) (USD Billion)
  •  
  • Chapter 7. Global Marine Lubricants Market- Ship Type Segment Analysis
    • 7.1. Global marine lubricants market: ship type overview
      • 7.1.1. Global marine lubricants market volume share, by ship type, 2017 and 2024
    • 7.2. Tanker
      • 7.2.1. Global marine lubricants market for tanker, 2015 - 2024 (Kilotons) (USD Billion)
    • 7.3. Bulk Carrier
      • 7.3.1. Global marine lubricants market for bulk carrier, 2015 - 2024 (Kilotons)(USD Billion)
    • 7.4. Container
      • 7.4.1. Global marine lubricants market for container, 2015 - 2024 (Kilotons)(USD Billion)
  •  
  • Chapter 8. Global Marine Lubricants Market: Regional Analysis
    • 8.1. Global marine lubricants market: Regional overview
      • 8.1.1. Global marine lubricants market volume share by region, 2017 and 2024
    • 8.2. North America
      • 8.2.1. Overview
      • 8.2.2. North America marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
      • 8.2.3. North America marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
      • 8.2.4. North America marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
      • 8.2.5. North America marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
      • 8.2.6. North America marine lubricants market volume, by ship type, 2015 - 2024, (Kilotons)
      • 8.2.7. North America marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.2.8. The U.S.
        • 8.2.8.1. U.S.marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.2.8.2. U.S.marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.2.8.3. U.S.marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.2.8.4. U.S.marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.2.8.5. U.S.marine lubricants market volume, by ship type, 2015 - 2024, (Kilotons)
        • 8.2.8.6. U.S.marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.2.9. Canada
        • 8.2.9.1. Canada marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.2.9.2. Canada marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.2.9.3. Canada marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.2.9.4. Canada marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.2.9.5. Canada marine lubricants market volume, by ship type, 2014 - 2022, (Kilotons)
        • 8.2.9.6. Canada marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.2.10. Mexico
        • 8.2.10.1. Mexico marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.2.10.2. Mexico marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.2.10.3. Mexico marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.2.10.4. Mexico marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.2.10.5. Mexico marine lubricants market volume, by ship type, 2014 - 2022, (Kilotons)
        • 8.2.10.6. Mexico marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
    • 8.3. Europe
      • 8.3.1. Overview
      • 8.3.2. Europe marine lubricants market volume, by oil type, 2015 - 2024 (Kilotons)
      • 8.3.3. Europe marine lubricants market revenue, by oil type, 2015 - 2024 (USD Billion)
      • 8.3.4. Europe marine lubricants market volume, by application, 2015 - 2024 (Kilotons)
      • 8.3.5. Europe marine lubricants market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.3.6. Europe marine lubricants market volume, by ship type, 2014 - 2022, (Kilotons)
      • 8.3.7. Europe marine lubricants market revenue, by ship type, 2015 - 2024 (USD Billion)
      • 8.3.8. Germany
        • 8.3.8.1. Germany marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.3.8.2. Germany marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.3.8.3. Germany marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.3.8.4. Germany marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.3.8.5. Germany marine lubricants market volume, by ship type, 2014 - 2022, (Kilotons)
        • 8.3.8.6. Germany marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.3.9. UK
        • 8.3.9.1. UK marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.3.9.2. UK marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.3.9.3. UK marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.3.9.4. UK marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.3.9.5. UK marine lubricants market volume, by ship type, 2014 - 2022, (Kilotons)
        • 8.3.9.6. UK marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.3.10. France
        • 8.3.10.1. France marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.3.10.2. France marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.3.10.3. France marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.3.10.4. France marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.3.10.5. France marine lubricants market volume, by ship type, 2014 - 2022, (Kilotons)
        • 8.3.10.6. France marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.3.11. Spain
        • 8.3.11.1. Spain marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.3.11.2. Spain marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.3.11.3. Spain marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.3.11.4. Spain marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.3.11.5. Spain marine lubricants market volume, by ship type, 2014 - 2022, (Kilotons)
        • 8.3.11.6. Spain marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.3.12. Italy
        • 8.3.12.1. Italy marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.3.12.2. Italy marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.3.12.3. Italy marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.3.12.4. Italy marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.3.12.5. Italy marine lubricants market volume, by ship type, 2014 - 2022, (Kilotons)
        • 8.3.12.6. Italy marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.3.13. Rest of Europe
        • 8.3.13.1. Rest of Europe marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.3.13.2. Rest of Europe marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.3.13.3. Rest of Europe marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.3.13.4. Rest of Europe marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.3.13.5. Rest of Europe marine lubricants market volume, by ship type, 2014 - 2022, (Kilotons)
        • 8.3.13.6. Rest of Europe marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Overview
      • 8.4.2. Asia Pacific marine lubricants market volume, by oil type, 2015 - 2024 (Kilotons)
      • 8.4.3. Asia Pacific marine lubricants market revenue, by oil type, 2015 - 2024 (USD Billion)
      • 8.4.4. Asia Pacific marine lubricants market volume, by application, 2015 - 2024 (Kilotons)
      • 8.4.5. Asia Pacific marine lubricants market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.4.6. Asia Pacific marine lubricants market volume, by ship type, 2015 - 2024 (Kilotons)
      • 8.4.7. Asia Pacific marine lubricants market revenue, by ship type, 2015 - 2024 (USD Billion)
      • 8.4.8. China
        • 8.4.8.1. China marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.4.8.2. China marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.4.8.3. China marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.4.8.4. China marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.4.8.5. China marine lubricants market volume, by ship type, 2015 - 2024, (Kilotons)
        • 8.4.8.6. China marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.4.9. Japan
        • 8.4.9.1. Japan marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.4.9.2. Japan marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.4.9.3. Japan marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.4.9.4. Japan marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.4.9.5. Japan marine lubricants market volume, by ship type, 2015 - 2024, (Kilotons)
        • 8.4.9.6. Japan marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.4.10. India
        • 8.4.10.1. India marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.4.10.2. India marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.4.10.3. India marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.4.10.4. India marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.4.10.5. India marine lubricants market volume, by ship type, 2015 - 2024, (Kilotons)
        • 8.4.10.6. India marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.4.11. Southeast Asia
        • 8.4.11.1. Southeast Asia marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.4.11.2. Southeast Asia marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.4.11.3. Southeast Asia marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.4.11.4. Southeast Asia marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.4.11.5. Southeast Asia marine lubricants market volume, by ship type, 2015 - 2024, (Kilotons)
        • 8.4.11.6. Southeast Asia marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.4.12. South Korea
        • 8.4.12.1. South Korea marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.4.12.2. South Korea marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.4.12.3. South Korea marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.4.12.4. South Korea marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.4.12.5. South Korea marine lubricants market volume, by ship type, 2015 - 2024, (Kilotons)
        • 8.4.12.6. South Korea marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.4.13. Australia
        • 8.4.13.1. Australia marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.4.13.2. Australia marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.4.13.3. Australia marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.4.13.4. Australia marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.4.13.5. Australia marine lubricants market volume, by ship type, 2015 - 2024, (Kilotons)
        • 8.4.13.6. Australia marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
      • 8.4.14. Rest of Asia Pacific
        • 8.4.14.1. Rest of Asia Pacific marine lubricants market volume, by oil type, 2015 - 2024, (Kilotons)
        • 8.4.14.2. Rest of Asia Pacific marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.4.14.3. Rest of Asia Pacific marine lubricants market volume, by application, 2015 - 2024, (Kilotons)
        • 8.4.14.4. Rest of Asia Pacific marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.4.14.5. Rest of Asia Pacific marine lubricants market volume, by ship type, 2015 - 2024, (Kilotons)
        • 8.4.14.6. Rest of Asia Pacific marine lubricants market revenue, by ship type, 2015 - 2024, (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Overview
      • 8.5.2. Latin America marine lubricants market volume, by oil type, 2015 - 2024 ( Kilotons)
      • 8.5.3. Latin America marine lubricants market revenue, by oil type, 2015 - 2024 (USD Billion)
      • 8.5.4. Latin America marine lubricants market volume, by application, 2015 - 2024 ( Kilotons)
      • 8.5.5. Latin America marine lubricants market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.5.6. Latin America marine lubricants market volume, by ship type, 2015 - 2024 (Kilotons)
      • 8.5.7. Latin America marine lubricants market revenue, by ship type, 2015 - 2024 (USD Billion)
      • 8.5.8. Brazil
        • 8.5.8.1. Brazil marine lubricants market volume, by oil type, 2015 - 2024, ( Kilotons)
        • 8.5.8.2. Brazil marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.5.8.3. Brazil marine lubricants market volume, by application, 2015 - 2024, ( Kilotons)
        • 8.5.8.4. Brazil marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.5.8.5. Brazil marine lubricants market volume, by ship type, 2015 - 2024 (Kilotons)
        • 8.5.8.6. Brazil marine lubricants market revenue, by ship type, 2015 - 2024 (USD Billion)
      • 8.5.9. Argentina
        • 8.5.9.1. Argentina marine lubricants market volume, by oil type, 2015 - 2024, ( Kilotons)
        • 8.5.9.2. Argentina marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.5.9.3. Argentina marine lubricants market volume, by application, 2015 - 2024, ( Kilotons)
        • 8.5.9.4. Argentina marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.5.9.5. Argentina marine lubricants market volume, by ship type, 2015 - 2024 (Kilotons)
        • 8.5.9.6. Argentina marine lubricants market revenue, by ship type, 2015 - 2024 (USD Billion)
      • 8.5.10. Rest of Latin America
        • 8.5.10.1. Rest of Latin America marine lubricants market volume, by oil type, 2015 - 2024, ( Kilotons)
        • 8.5.10.2. Rest of Latin America marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.5.10.3. Rest of Latin America marine lubricants market volume, by application, 2015 - 2024, ( Kilotons)
        • 8.5.10.4. Rest of Latin America marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.5.10.5. Rest of Latin America marine lubricants market volume, by ship type, 2015 - 2024 (Kilotons)
        • 8.5.10.6. Rest of Latin America marine lubricants market revenue, by ship type, 2015 - 2024 (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. Overview
      • 8.6.2. The Middle East and Africa marine lubricants market volume, by oil type, 2015 - 2024 ( Kilotons)
      • 8.6.3. The Middle East and Africa marine lubricants market revenue, by oil type, 2015 - 2024 (USD Billion)
      • 8.6.4. The Middle East and Africa marine lubricants market volume, by application, 2015 - 2024 ( Kilotons)
      • 8.6.5. The Middle East and Africa marine lubricants market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.6.6. The Middle East & Africa marine lubricants market volume, by ship type, 2015 - 2024 (Kilotons)
      • 8.6.7. The Middle East & Africa marine lubricants market revenue, by ship type, 2015 - 2024 (USD Billion)
      • 8.6.8. GCC Countries
        • 8.6.8.1. GCC Countries marine lubricants market volume, by oil type, 2015 - 2024, ( Kilotons)
        • 8.6.8.2. GCC Countries marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.6.8.3. GCC Countries marine lubricants market volume, by application, 2015 - 2024, ( Kilotons)
        • 8.6.8.4. GCC Countries marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.6.8.5. GCC Countries marine lubricants market volume, by ship type, 2015 - 2024 (Kilotons)
        • 8.6.8.6. GCC Countries marine lubricants market revenue, by ship type, 2015 - 2024 (USD Billion)
      • 8.6.9. South Africa
        • 8.6.9.1. South Africa marine lubricants market volume, by oil type, 2015 - 2024, ( Kilotons)
        • 8.6.9.2. South Africa marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.6.9.3. South Africa marine lubricants market volume, by application, 2015 - 2024, ( Kilotons)
        • 8.6.9.4. South Africa marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.6.9.5. South Africa marine lubricants market volume, by ship type, 2015 - 2024 (Kilotons)
        • 8.6.9.6. South Africa marine lubricants market revenue, by ship type, 2015 - 2024 (USD Billion)
      • 8.6.10. Rest of the Middle East & Africa
        • 8.6.10.1. Rest of the the Middle East & Africa marine lubricants market volume, by oil type, 2015 - 2024, ( Kilotons)
        • 8.6.10.2. Rest of the Middle East & Africa marine lubricants market revenue, by oil type, 2015 - 2024, (USD Billion)
        • 8.6.10.3. Rest of the Middle East & Africa marine lubricants market volume, by application, 2015 - 2024, ( Kilotons)
        • 8.6.10.4. Rest of the Middle East & Africa marine lubricants market revenue, by application, 2015 - 2024, (USD Billion)
        • 8.6.10.5. Rest of the Middle East & Africa marine lubricants market volume, by ship type, 2015 - 2024 (Kilotons)
        • 8.6.10.6. Rest of the Middle East & Africa marine lubricants market revenue, by ship type, 2015 - 2024 (USD Billion)
  •  
  • Chapter 9. Company Profile
    • 9.1. Total S.A.
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. PJSC Lukoil
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. Royal Dutch Shell Plc
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. Valvoline Inc.
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. Quepet
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
    • 9.6. Chevron Corporation
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
    • 9.7. Synforce lubricants
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
    • 9.8. Gulf Oil and Indian Oil
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments
    • 9.9. Exxon Mobil Corporation
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments
    • 9.10. Sinopec Corporation
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product portfolio
      • 9.10.4. Business strategy
      • 9.10.5. Recent developments

Methodology

Free Analysis

The lubricating oil and grease used in the marine industry are called marine lubricants. The marine engine oil is used to reduce the friction between the two surfaces that are in mutual contact. They help in reducing the heat generated between the surfaces in contact, improve efficiency, and protect the engines. These lubricants provide various features, such as extending engine life, protecting the engine and other components at higher temperatures, protection from mechanical and wear cold corrosion, and improving performance and reliability of machinery. Moreover, lubricants with superior quality and characteristics further contribute to maintaining the water vessels, which, in turn, improves the overall shelf life of engines. Marine lubricants are widely used in the shipping industry to enable optimal performance in marine operations.

Increasing demand for marine transport leads to the growing use of marine engine oils, which is likely a major factor to drive this market’s growth in the upcoming years. In addition, increasing tourism activities and cruising activities are further anticipated to strongly support the marine lubricants market. The need to prevent the components from rustic also likely to positively impact the growth of marine lubricants market. Furthermore, the rising oil drain intermissions in the shipping sector and the decrease in oil consumption have raised the demand and supply of oil. Thus, the key players of the marine lubricants market are focusing on the development of a high-quality range of lubricating oil for different types of engines, which, in turn, is likely to aid in the market growth. However, stringent environmental norms for synthetic lubricants might hamper the marine lubricants market in the forecast time period.

Global Marine Lubricants Market

By oil type, the marine lubricants market is segmented into synthetic oil, mineral oil, bio-based, and grease. By application, the market is categorized into hydraulic fluid, engine oil, and compressor oil. By ship type, the market is classified into the tanker, bulk carrier, and container. 

The Asia Pacific accounted for a major market share in terms of revenue and volume in 2017. This region dominance is projected to continue in the upcoming years, due to the rising infrastructural developments in the shipping industry, increase in the trade activities, and growing use of less toxic products. Moreover, this regional market is largely driven by the existence of the world's busiest ports in Singapore, China, and Hong Kong.

Total S.A., PJSC Lukoil, Royal Dutch Shell Plc, Valvoline Inc., Quepet, BP plc, Chevron Corporation, Synforce lubricants, Gulf Oil and Indian Oil, Exxon Mobil Corporation, Sinopec Corporation, and Idemitsu Kosan Co. Ltd. are some of the leading players operating in the global marine lubricants market.

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