(c) AZOTH Analytics June 2017

Global Industrial Lubricant Market: Analysis By Product Base Oil, By Type, By

Industry Application, By Region, By Country: Opportunities and Forecast

(2017-2022)

• By Product Base Oil (Mineral, Synthetic , Bio-based)

• By type (Process Oil, General Industrial Lubricants,

Metal Working Fluid, Industrial Engine Oil, Others)

• By Industry Application (Automotive, Power,

Marine, Manufacturing, Mining, Others)

• By Region (North America, South America, Europe,

Asia Pacific, Middle East & Africa)

• By Country (U.S., Canada, Brazil, Germany, France,

U.K., China, India, Japan, Egypt, Saudi Arabia)

(c) AZOTH Analytics 2

Global Coverage Regional Coverage

Industrial Lubricants Market- By

Value (2012-2016)

Industrial Lubricants Market – By

Value (2017-2022)

Industrial Lubricant Market, By

Product – By Value (2012-2022)

Industrial Lubricant Market, By

Type – By Value (2012-2022)

Industrial Lubricant Market, By

Application – By Value (2012-2022)

North America

South America

Europe

Asia Pacific

Middle East & Africa

Country Coverage Company Coverage

Product Benchmarking

Business Overview

Market and Regional share of

top leading Companies

Product Launches & Recent

Approvals

Merger & Acquisition

Exxon Mobil

FUCHS Group

Royal Dutch Shell

BP Global

Total Lubricants

Sinopec Limited

Renewable lubricants Inc.

Environmental Lubricants

PetroChina Company Limited

Indian Oil Corporation Limited

g

Global Coverage

Regional Coverage

Country Coverage

Scope of the Study

Segment Coverage

By Product Base Oil

By Type

By Applications

Global Industrial Lubricant Market: Analysis By Product Base Oil (Mineral, Synthetic, Bio-based), By Type (Process Oil, General Industrial Lubricants, Metal Working Fluid, Industrial Engine Oil, Others), By Industry Application (Automotive, Power, Marine, Manufacturing, Mining, Others), By Region (North America, South America, Europe, Asia Pacific, Middle East & Africa), By Country (U.S., Canada, Brazil, Germany, France, U.K., China, India, Japan, Egypt, Saudi Arabia): (2012-2022)

Region (North America, South America, Europe, APAC and Middle East & Africa)

Country (U.S., Canada, Brazil, Germany, U.K., France China, India, Japan, Egypt,

Saudi Arabia)

Global Industrial Lubricant Market – By Value (2012-2022)

Breakdown-By Product, By Type & By

Application (2012-2022) Industrial Lubricant Market – By Product,

By Value (2012-2022) Mineral Synthetic Bio-Based Industrial Lubricant Market - By Type , By

Value (2012-2022) Process Oil General industrial lubricants Metal Working Fluid Industrial Engine Oil Others Industrial Lubricants Market- By

Application, By Value (2012-2022) Automotive Manufacturing Power Mining Marine Others

Industrial Lubricants Market :

By Value (2012-22)

By Type : By Value (2012-22)

By Product : By Value (2012-22)

U.S.

Canada

Brazil

U.K.

Germany

France

China

Japan

India

Saudi Arabia

Egypt

(c) AZOTH Analytics

Table of Content

S.No Particulars Page No.

1. Research Methodology 18

2. Executive Summary 19

3. Strategic Recommendation 20

3.1 New additives to enhance synthetic lubricants 21

3.2 Growth in Biodegradable lubricants 22

3.3 Asia Pacific Region to witness the fastest growth in Industrial Lubricant Market in the forecast period 23

4. Industrial Lubricant Outlook 24

5. Global Industrial Lubricant Market: Growth and Forecast 32

5.1 By Value (2012-2016) 33

5.2 By Value (2017-2022) 34

6. Global Industrial Lubricant Market- Segmental Breakdown 37

6.1 Global Industrial Lubricant Market-By Product: Breakdown(%) 37

6.1.1 Global Industrial Lubricant Market Size, By Product, 2016 (%) 38

6.1.2 Global Industrial Lubricant Market Size, By Product, 2022 (%) 39

6.2. Global Industrial Lubricant Market- By Product 40

6.2.1. By value (2012-2022) 40

6.3. Global Industrial Lubricant Market- By Type 41

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S. No Particulars Page No.

6.3.1. By Value (2012-2022) 41

6.4 Global Industrial Lubricant Market, By Application 42

6.4.1. By Value (2012-2022) 42

7. Global Industrial Lubricant Market: Regional Analysis 43

7.1. Global Industrial Lubricant Market, By Region: Breakdown (%) 43

7.1.1 Global Industrial Lubricant Market Size, By Region, 2016 (%) 44

7.1.2 Global Industrial Lubricant Market Size, By Region, 2022 (%) 46

8. North America Industrial Lubricant Market: An Analysis 47

8.1. North America Industrial Lubricant Market Size 47

8.1.1. By Value (2012-2016) 48

8.1.2. By Value (2017-2022) 49

8.2. North America Industrial Lubricant Market: By Product 52

8.2.1. By Value (2012-2022) 52

8.3. North America Industrial Lubricant Market: By Type 53

8.3.1. By Value (2012-2022) 53

8.4. North America Industrial Lubricant Market: By Application 54

8.4.1. By Value (2012-2022) 54

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Table of Content

S. No Particulars Page No.

8.5. North America Industrial Lubricant Market: Country Analysis (U.S. and Canada) 55

8.5.1. U.S. Industrial Lubricant Market Size, By Value (2012-2022) 56

8.5.2. U.S. Industrial Lubricant Market, By Product, By Value (2012-2022) 58

8.5.3. U.S. Industrial Lubricant Market, By Type, By Value (2012-2022) 59

8.5.4. Canada Industrial Lubricant Market Size, By Value (2012-2022) 61

8.5.5. Canada Industrial Lubricant Market, By Product, By Value (2012-2022) 62

8.5.6. Canada Industrial Lubricant Market, By Type, By Value (2012-2022) 63

9. South America Industrial Lubricant Market: An Analysis 64

9.1. South America Industrial Lubricant Market size 64

9.1.1. By Value (2012-2016) 65

9.1.2. By Value (2017-2022) 66

9.2. South America Industrial Lubricant Market: By Product 68

9.2.1. By Value (2012-2022) 68

9.3. South America Industrial Lubricant Market: By Type 69

9.3.1. By Value (2012-2022) 69

9.4. South America Industrial Lubricant Market: By Application 70

9.4.1. By Value (2012-2022) 70

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Table of Content

S. No Particulars Page No.

9.5. South America Industrial Lubricant Market: Country Analysis (Brazil) 71

9.5.1. Brazil Industrial Lubricant Market Size, By Value (2012-2022) 72

9.5.2. Brazil Industrial Lubricant Market, By Product, By Value (2012-2022) 73

9.5.3. Brazil Industrial Lubricant Market, By Type, By Value (2012-2022) 74

10. Europe Industrial Lubricant Market: An Analysis 75

10.1. Europe Industrial Lubricant Market size 75

10.1.1. By Value (2012-2016) 76

10.1.2. By Value (2017-2022) 77

10.2. Europe Industrial Lubricant Market: By Product 79

10.2.1. By Value (2012-2022) 79

10.3. Europe Industrial Lubricant Market: By Type 80

10.3.1. By Value (2012-2022) 80

10.4. Europe Industrial Lubricant Market: By Application 81

10.4.1. By Value (2012-2022) 81

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Table of Content

S. No Particulars Page No.

10.5. Europe Industrial Lubricant Market: Country Analysis (Germany, U.K., France) 82

10.5.1. Germany Industrial Lubricant Market Size, By Value (2012-2022) 83

10.5.2. Germany Industrial Lubricant Market, By Product, By Value (2012-2022) 84

10.5.3. Germany Industrial Lubricant Market, By Type, By Value (2012-2022) 85

10.5.4. U.K. Industrial Lubricant Market Size, By Value (2012-2022) 87

10.5.5. U.K. Industrial Lubricant Market, By Product, By Value (2012-2022) 88

10.5.6. U.K. Industrial Lubricant Market, By Type, By Value (2012-2022) 89

10.5.7. France Industrial Lubricant Market Size, By Value (2012-2022) 91

10.5.8. France Industrial Lubricant Market, By Product, By Value (2012-2022) 92

10.5.9. France Industrial Lubricant Market, By Type, By Value (2012-2022) 93

11. APAC Industrial Lubricant Market: An Analysis 94

11.1. APAC Industrial Lubricant Market size 94

11.1.1. By Value (2012-2016) 95

11.1.2. By Value (2017-2022) 96

11.2. APAC Industrial Lubricant Market: By Product 99

11.2.1. By Value (2012-2022) 99

11.3. APAC Industrial Lubricant Market: By Type 100

11.3.1. By Value (2012-2022) 100

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Table of Content

S. No Particulars Page No.

11.4. APAC Industrial Lubricant Market: By Application 101

11.4.1. By Value (2012-2022) 101

11.5. APAC Industrial Lubricant Market: Country Analysis (China, India, Japan) 102

11.5.1. China Industrial Lubricant Market Size, By Value (2012-2022) 103

11.5.2. China Industrial Lubricant Market, By Product, By Value (2012-2022) 105

11.5.3. China Industrial Lubricant Market, By Type, By Value (2012-2022) 106

11.5.4. India Industrial Lubricant Market Size, By Value (2012-2022) 108

11.5.5. India Industrial Lubricant Market, By Product, By Value (2012-2022) 109

11.5.6. India Industrial Lubricant Market, By Type, By Value (2012-2022) 110

11.5.7. Japan Industrial Lubricant Market Size, By Value (2012-2022) 112

11.5.8. Japan Industrial Lubricant Market, By Product, By Value (2012-2022) 113

11.5.9. Japan Industrial Lubricant Market, By Product, By Value (2012-2022) 114

12. Middle East & Africa Industrial Lubricant Market: An Analysis 115

12.1. Middle East & Africa Industrial Lubricant Market size 115

12.1.1. By Value (2012-2016) 116

12.1.2. By Value (2017-2022) 117

12.2. Middle East & Africa Industrial Lubricant Market: By Product 120

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Table of Content

S. No Particulars Page No.

12.2.1. By Value (2012-2022) 120

12.3. Middle East & Africa Industrial Lubricant Market: By Type 121

12.3.1. By Value (2012-2022) 121

12.4. Middle East & Africa Industrial Lubricant Market: By Application 122

12.4.1. By Value (2012-2022) 122

12.5. Middle East & Africa Industrial Lubricant Market: Country Analysis (Egypt, Saudi Arabia) 123

12.5.1. Egypt Industrial Lubricant Market Size, By Value (2012-2022) 124

12.5.2. Egypt Industrial Lubricant Market, By Product, By Value (2012-2022) 125

12.5.3. Egypt Industrial Lubricant Market, By Type, By Value (2012-2022) 127

12.5.4. Saudi Arabia Industrial Lubricant Market Size, By Value (2012-2022) 129

12.5.5. Saudi Arabia Industrial Lubricant Market, By Product, By Value (2012-2022) 130

12.5.6. Saudi Arabia Industrial Lubricant Market, By Type, By Value (2012-2022) 131

13. Market Dynamics 132

13.1 Global Industrial Lubricant Market Growth Drivers 132

13.2 Global Industrial Lubricant Market Challenges 135

14. Market Trends 138

15. Porter’s Five Forces Analysis –Industrial Lubricant Market 141

16. SWOT Analysis –Industrial Lubricant Market 143

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Table of Content

S. No Particulars Page No.

17. Competitive Landscape 145

17.1. Global Industrial Lubricant Market- Company Share Analysis 146

17.2. Product Benchmarking of Key Industry Players in Lubricant Market, By Application 147

17.3. Product Benchmarking of Key Industry Players in Lubricant Market, By Type 148

18. Policy and Regulatory Landscape 149

19. Company Profiling 155

19.1 Exxon Mobil 156

19.2 Royal Dutch Shell Group 158

19.3 Chevron 160

19.4 BP Global 162

19.5 Fuchs Global 164

19.6 Total Lubricants 166

19.7 PetroChina 168

19.8 Sinopec 170

19.9 IDEMITSU 172

20. About Us 174

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List of Figures

Figure No. Figure Title Page No.

Figure 1: Global Industrial Lubricant Market Size, By Value, 2012-2016 (USD Billion) 33

Figure 2: Global Industrial Lubricant Market Size, By Value, Forecast, 2017-2022(USD Billion) 34

Figure 3: Global Automotive Production 2012-2016 (Million Units) 35

Figure 4: Global Mining Production, 2010-2014 (MMT) 36

Figure 5: Global Industrial Lubricant Market Size, By Product, 2016 (%) 38

Figure 6: Global Industrial Lubricant Market Size, By Product, 2022 (%) 39

Figure 7: Global Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 40

Figure 8: Global Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 41

Figure 9: Global Industrial Lubricant Market: By Application, By Value, 2012-2022 (USD Billion) 42

Figure 10: Global Industrial Lubricant Market Size, By Region, 2016 (%) 44

Figure 11: Region-Wise Automotive Production 2016 (Million Units) 45

Figure 12: Global Industrial Lubricant Market Size, By Region, 2022 (%) 46

Figure 13: North America Industrial Lubricant Market, By Value, 2012-2016 (USD Billion) 48

Figure 14: North America Industrial Lubricant Market, By Value, Forecast, 2017-2022 (USD Billion) 49

Figure 15: North America Automotive Production ,2012-2016 (Million Units) 50

Figure 16: North America Mining Production,2010-2014 (MMT) 50

Figure 17: North America Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 52

Figure 18: North America Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 53

Figure 19: North America Industrial Lubricant Market: By Application, By Value, 2012-2022 (USD Billion) 54

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List of Figures

Figure No. Figure Title Page No.

Figure 20: U.S. Industrial Lubricant Market Size, By Value, 2012-2022 (USD Billion) 56

Figure 21: United States Automotive Production, 2012-2016 (Million Units) 57

Figure 22: United States Manufacturing Units, 2012-2016 (Value, 2010=100, base year) 57

Figure 23: United States Construction Units, 2012-2016 (Value, 2010=100, base year) 57

Figure 24: U.S. Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 58

Figure 25: U.S. Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 59

Figure 26: Canada Industrial Lubricant Market Size, By Value, 2012-2022 (USD Billion) 60

Figure 27: Canada Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 61

Figure 28: Canada Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 62

Figure 29: South America Industrial Lubricant Market, By Value, 2012-2016 (USD Billion) 65

Figure 30: South America Industrial Lubricant Market, By Value, Forecast, 2017-2022 (USD Billion) 66

Figure 31: South America Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 68

Figure 32: South America Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 69

Figure 33: South America Industrial Lubricant Market: By Application, By Value, 2012-2022 (USD Billion) 70

Figure 34: Brazil Industrial Lubricant Market Size, By Value, 2012-2022 (USD Billion) 72

Figure 35: Brazil Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 73

Figure 36: Brazil Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 74

Figure 37: Europe Industrial Lubricant Market, By Value, 2012-2016 (USD Billion) 76

Figure 38: Europe Industrial Lubricant Market, By Value, Forecast, 2017-2022 (USD Billion) 77

Figure 39: Europe Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 79

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List of Figures

Figure No.

Figure Title Page No.

Figure 40: Europe Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 80

Figure 41: Europe Industrial Lubricant Market: By Application, By Value, 2012-2022 (USD Billion) 81

Figure 42: Germany Industrial Lubricant Market Size, By Value, 2012-2022 (USD Billion) 83

Figure 43: Germany Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 84

Figure 44: Germany Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 85

Figure 45: U.K. Industrial Lubricant Market Size, By Value, 2012-2022 (USD Billion) 87

Figure 46: U.K. Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 88

Figure 47: U.K. Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 89

Figure 48: France Industrial Lubricant Market Size, By Value, 2012-2022 (USD Billion) 91

Figure 49: France Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 92

Figure 50: France Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 93

Figure 51: APAC Industrial Lubricant Market, By Value, 2012-2016 (USD Billion) 95

Figure 52: APAC Industrial Lubricant Market, By Value, Forecast, 2017-2022 (USD Billion) 96

Figure 53: APAC Automotive Production, 2012-2016 (Million Units) 97

Figure 54: APAC Mining Production, 2012-2016 (Million Units) 97

Figure 55: APAC Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 99

Figure 56: APAC Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 100

Figure 57: APAC Industrial Lubricant Market: By Application, By Value, 2012-2022 (USD Billion) 101

Figure 58: China Industrial Lubricant Market Size, By Value, 2012-2022 (USD Billion) 103

Figure 59: China Automotive Production, 2012-2016 (Million Units) 104

Figure 60: China Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 105

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List of Figures

Figure No. Figure Title Page No.

Figure 61: China Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 106

Figure 62: India Industrial Lubricant Market Size, By Value, 2012-2022 (USD Billion) 108

Figure 63: India Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 109

Figure 64: India Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 110

Figure 65: Japan Industrial Lubricant Market Size, By Value, 2012-2022 (USD Billion) 112

Figure 66: Japan Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 113

Figure 67: Japan Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 114

Figure 68: Middle East and Africa Industrial Lubricant Market, By Value, 2012-2016 (USD Billion) 116

Figure 69: Middle East and Africa Industrial Lubricant Market, By Value, Forecast, 2017-2022 (USD Billion) 117

Figure 70: Production growth rate of Middle East & Africa major countries, 2015 118

Figure 71: Africa Automotive Production, 2012-2016 (Million Units) 118

Figure 72: Middle East and Africa Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 120

Figure 73: Middle East and Africa Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 121

Figure 74: Middle East and Africa Industrial Lubricant Market: By Application, By Value, 2012-2022 (USD Billion) 122

Figure 75: Egypt Industrial Lubricant Market Size, By Value, 2012-2022 (USD Billion) 124

Figure 76: Egypt Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 125

Figure 77: Egypt Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 127

Figure 78: Saudi Arabia Industrial Lubricant Market Size, By Value, 2012-2022 (USD Billion) 129

Figure 79: Saudi Arabia Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion) 130

Figure 80: Saudi Arabia Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion) 131

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List of Figures

Figure No. Figure Title Page No.

Figure 81: Crude Oil prices Actual and projected, Quarterly ,2015-2018 ($) 136

Figure 82: Global Lubricant Base Oil Market Size, By Company Share, 2016 (%) 146

Figure 83: ExxonMobil Lubricant Sales, 2012-2016 (USD Billion) 157

Figure 84: ExxonMobil Sales, By Operations, 2016 (%) 157

Figure 85: ExxonMobil petroleum production, By Region, 2016 (%) 157

Figure 86: Royal Dutch Shell Group Lubricant Sales, 2012-2016 (USD Billion) 159

Figure 87: Royal Dutch Shell Group Sales, By product, 2016 (%) 159

Figure 88: Royal Dutch Shell Group Sales, By Region, 2016 (%) 159

Figure 89: Chevron Downstream Sales, 2012-2016 (USD Billion) 161

Figure 90: Chevron Sales, By Product, 2016 (%) 161

Figure 91: Chevron Sales, By Region, 2016 (%) 161

Figure 92: BP Global Lubricant Sales, 2012-2016 (USD Billion) 163

Figure 93: BP Global Sales, By Product , 2016 (%) 163

Figure 94: BP Global Sales, Downstream, By Region, 2016 (%) 163

Figure 95: FUCHUS Global Lubricant Sales, 2012-2016 (USD Billion) 165

Figure 96: Fuchs Global Sales, By Industries, 2015 (%) 165

Figure 97: Fuchs Global Sales, By Region, 2016 (%) 165

Figure 98: Total Lubricants Sales, 2012-2016 (USD Billion) 167

Figure 99: Total Lubricants Sales, By Operation, 2016 (%) 167

Figure 100: Total Lubricants Sales, By Region, 2016 (%) 167

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List of Figures

Figure No. Figure Title Page No.

Figure 101: PetroChina Lubricant Sales, 2012-2016 (USD Billion) 169

Figure 102: PetroChina Sales, By Product , 2016 (%) 169

Figure 103: PetroChina Sales, By Region, 2015 (%) 169

Figure 104: Sinopec Lubricant Sales, 2012-2016 (USD Billion) 171

Figure 105: Sinopec Sales, By Operation, 2016 (%) 171

Figure 106: Sinopec Sales, By Region, 2016 (%) 171

Figure 107: IDEMITSU Lubricants Sales, 2012-2016 (USD Billion) 173

Figure 108: IDEMITSU Sales, By Product, 2016 (%) 173

Figure 109: IDEMITSU Sales, By Region, 2016 (%) 173

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List of Tables

Table No. Table Title Page No.

Table A: American Petroleum Institute (API) base oil Classification 26

Table B: Synthetic Types with their Temperature Range 139

Table C: Product Benchmarking of Key Industry Players in Industrial Lubricants, By Applications 147

Table D: Product Benchmarking of Key Industry Players in Industrial Lubricants, By Type 148

17

(c) AZOTH Analytics

Research Methodology

Research Definition

• Global Industrial Lubricant Market Report covers the study of growing lubricant market and its forecast till 2022. Global

industrial lubricant Market has been segmented in three different segments. One segment is the product base oil of

lubricants used, i.e. Mineral Oil, Synthetic Oil, Bio-based Oil ; the second segment is in terms of its Type, on the basis of

properties, i.e. Process Oil, General Lubricant Oil, Metal Working Fluid (MWF), Industrial Engine Oil and Others; third

segment is on the basis of its application, i.e. Automotive, Manufacturing, Power, Mining, Marine and Others . The

Regional as well as Countries overview of all the markets are provided.

Data Analysis and Interpretation

• Our historic market trend has been figured out by various paid databases which was further triangulated with inputs and

insights from industry experts through primary research. Back-of-the-Envelope calculation for the market estimation has

been made through proper understanding of the market as well as future business strategies of the companies involved in

the market.

Azoth Analytics has conducted quantitative as well as qualitative research to gather market insights such as market sizing, market

segmentation, recent trends and developments and competitive landscape. Our team has conducted extensive primary surveys by

reaching out industry experts across the value chain of the Global Air Quality Monitoring and Water Quality Sensors Market .

For Forecasting purpose we have accessed some of the paid databases such as Bloomberg, Reuters, Factiva, Hoovers etc.

Companies Contacted: ExxonMobil

18

Source: Azoth Analytics Estimates

Figure 7: Global Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion)

CAGR 2012-2016 Mineral: %

Synthetic: x% Bio-Based: x%

Global Industrial Lubricant Market, By Product

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Mineral Synthetic Bio-Based

CAGR 2017-2022 Mineral: x%

Synthetic: x% Bio-Based: x%

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Mineral

Synthetic

Bio-Based

Xx

Xx

xx

19

Source: Azoth Analytics Estimates

Figure 8: Global Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion)

CAGR 2012-2016 Process oil: x %

General Industrial Oil: x% Metal Working Fluid: x % Industrial Engine Oil: x %

Global Industrial Lubricant Market, By Type

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Process Oil

General Industrial Oil

Metal Working Fluid

Industrial Engine Oil

Others

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Process Oil General Industrial Oil Metal Working Fluid Industrial Engine Oil Others

CAGR 2017-2022 Process oil: x %

General Industrial Oil: x % Metal Working Fluid: x % Industrial Engine Oil: x %

20

Source: Azoth Analytics Estimates

Figure 9: Global Industrial Lubricant Market: By Application, By Value, 2012-2022 (USD Billion)

CAGR 2012-2016 Automotive =x%

Manufacturing =x%

Power =x%

Mining =x%

Marine =x%

Global Industrial Lubricant Market, By Application

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Automotive

Manufacturing

Power

Mining

Marine

Others

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Automotive Manufacturing Power Mining Marine Others

CAGR 2017-2022 Automotive =x%

Manufacturing =x%

Power =x%

Mining =x%

Marine =x%

21

Source: Azoth Analytics Estimates

Figure 43: Germany Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion)

CAGR 2012-2016 Mineral: x%

Synthetic: x% Bio-Based: x%

Germany Industrial Lubricant Market, By Product

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Mineral Synthetic Bio-Based

CAGR 2017-2022 Mineral: x%

Synthetic: x% Bio-Based: x%

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Mineral

Synthetic

Bio-Based

22

Source: Azoth Analytics Estimates

Figure 44: Germany Industrial Lubricant Market: By Type, By Value, 2012-2022 (USD Billion)

Germany Industrial Lubricant Market, By Type

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Process Oil

General Industrial Oil

Metal Working Fluid

Industrial Engine Oil

Others

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Process Oil General Industrial Oil Metal Working Fluid Industrial Engine Oil Others

Process oil includes a large range of hydraulic and other machinery lubricants used in various sectors has the largest market in industrial

lubricants and will continue to grow in the future. With the growth in metal industries, Metal working fluid will be showing the highest

growth rate of 3.11% due to its property to remove heat and working in extreme operating conditions.

CAGR 2012-2016 Process oil: x%

General Industrial Oil: x% Metal Working Fluid: x% Industrial Engine Oil: x%

CAGR 2017-2022 Process oil: x%

General Industrial Oil: x% Metal Working Fluid: x% Industrial Engine Oil: x%

23

Source: Azoth Analytics Estimates

Figure 79: Saudi Arabia Industrial Lubricant Market: By Product, By Value, 2012-2022 (USD Billion)

CAGR 2012-2016 Mineral: 1.82%

Synthetic: 2.48% Bio-Based: 2.09%

Saudi Arabia Industrial Lubricant Market, By Product

Large reserves of Oil & Gas with the bulk production of petroleum products in Saudi Arabia has led to the highest share of mineral base

oil. Synthetic and bio-based market is expected to grow with the rising technology in lubricants and its need in many industries having

the major concern with environmental safety with a predicted CAGR of 3.51% and 3.38% respectively.

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Mineral Synthetic Bio-Based

CAGR 2017-2022 Mineral: 3.25%

Synthetic: 3.51% Bio-Based: 3.38%

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Mineral 2.29 2.37 2.40 2.43 2.46 2.52 2.61 2.70 2.78 2.87 2.96

Synthetic 0.85 0.88 0.90 0.91 0.94 0.96 0.99 1.03 1.07 1.10 1.14

Bio-Based 0.100 0.104 0.106 0.107 0.109 0.111 0.115 0.119 0.123 0.128 0.132

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About Azoth Analytics Pvt Ltd.

Azoth Analytics is a business research and analytics firm that creates in-depth research reports and provides customized research solutions and consultancy services. Verticals in which Azoth Analytics specializes include healthcare and pharmaceutical, oil and gas, retail, chemicals, automotive, FMCG, food & beverages and technology. Azoth creates comprehensive and in-depth research reports by recording, interpreting and analyzing information. Strategic market sizing and data dredging techniques include secondary research, and primary research (interviews with management personnel and industry experts).

Related Reports:

Global Offshore Wind Energy Market – Analysis By Region, By Country: Opportunities and Forecast (2016-2021)- - By Region (North

America, Europe, APAC, ROW); By Country (US, Canada, Germany, U.K., Sweden, Netherland, Belgium, Denmark,, China, Japan, South

Korea, Brazil)

United States Oil and Gas Pipeline Leak Detection System (LDS) Market (By Equipment, By Application, By Region) - An Analysis (2017

Edition)- - By Equipment (Pressure sensors, Flow meters, Fibre optic sensors, Acoustic Sensors, Others); By Application (Onshore,

Offshore), By Region (Southeast, Northeast, Western, Midwest)

Disclaimer: Azoth Analytics report information is based mainly on interviews and therefore, is subject to fluctuation. Azoth Analytics therefore, takes no responsibility for

any incorrect information supplied to us by industry experts, manufacturers or users. Azoth does not warranty the completeness of the information and data. Also, analysis

provided in the report are meant for customers’ internal use only and not for general publication or disclosure to third parties.

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