Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Strategic Analysis of the Global Lubricant Market and the Impact of Bio-based Feedstock

global lubricants market dominated by top 5 oil majors


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-04-04 06:13:02 - Strategic Analysis of the Global Lubricant Market and the Impact of Bio-based Feedstock - a new market research report on companiesandmarkets.com

The global lubricants market is driven by dynamic advancements in vehicle/equipment design and changing fuel quality, which compel lubricant manufacturers to develop high-end formulations. Performance requirements are driven further by original equipment manufacturers´ (OEMs) demands for improved efficiency, reduced carbon footprints, and better fuel consumption. Regulatory authorities are relentlessly working towards developing standards and frameworks to drive the adoption of cleaner, safer, and more efficient lubricants. With BRIC countries dominating the global environment, given their increased manufacturing, automotive production, and international trade, lubricants markets are projected to move to developing nations. However, the well developed European and North American markets are expected to remain the central hub for technological advancements. For instance, the adoption of synthetic lubricants is progressing rapidly

 

 

in these regions in comparison to the Asia-Pacific (APAC) and the Rest of World (ROW) markets, fuelled by regulatory implications and customer demands.
The global lubricant market is dominated by the leading oil majors, most of which are vertically integrated with crude oil production to lubricant manufacturing. International oil majors, along with regional oil companies, hold a major share in the competitive landscape.
Customer demands for high-performance lubricants are driven by regulatory trends towards improved fuel efficiency and reduced carbon footprints.
The economic contractions in Europe and North America have affected lubricant demand significantly, and market participants are expanding into the high-growth APAC and ROW markets to tap into those growth opportunities.
The global lubricants market is dominated by the top 5 oil majors with a strong presence across the value chain, from oil production to lubricant marketing.
Establishing strong product lines of synthetic and bio-based lubricants have become key competitive aspects in the market to attract OEMs focused on equipment/vehicle efficiency and environmental sustainability.
Merger and acquisition (M&A) activities are expected to continue, with global oil majors acquiring smaller manufacturers to gain access to their product/technical competence, distribution channels, and customer base.

Click for report details: www.companiesandmarkets.com/Market/Agriculture-Farming-Raw-Mater ..

Browse all Agriculture, Farming & Raw Materials Market Research Reports www.companiesandmarkets.com/Market/Agriculture-Farming-Raw-Mater ..

Browse all Agriculture, Farming & Raw Materials Company Profile Reports www.companiesandmarkets.com/Market/Agriculture-Farming-Raw-Mater ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com