General Industrial Oils and Grease: Global Market Analysis and Opportunities

Base Year: 2019
Published July 2020
Forecasts to 2024
Regional Coverage: Global

The global industrial sector has been facing many challenges, such as weak demand growth, worsened by the COVID-19 pandemic; trade wars; and the need to improve energy efficiency and sustainability. All manufacturers are focused on efficiency and sustainability while trying to reduce costs and emissions. Digitalization of manufacturing is likely to disrupt the industrial lubricants market, especially with developing markets modernizing rapidly to compete with developed markets.

Scope

  • Demand for general industrial oils and greases at a global level and by key regions and end-use industries
    • — Hydraulic fluids
    • — Turbine oils
    • — Gear oils
    • — Compressor and refrigeration fluids
    • — Greases
  • Penetration of high-performance synthetic lubricants
  • Market trends covering technology shifts, regulations, increased focus on energy efficiency, emissions reduction, and sustainability
  • Regional economic trends and impact on key end-use industries
  • Detailed analysis of key drivers and restraints at a global level for industrial lubricant demand and market outlook
  • Appraisal of market challenges and opportunities

Covers the impact of COVID-19
on various industrial sectors

Table of Contents

Introduction

Executive Summary

An overview of the report findings plus forecast based on Kline’s FutureView forecasting model

Product Profiles

Detailed profiles of general industrial oils (covering hydraulic fluids, turbine oils, gear oils, and compressor and refrigeration fluids) and greases are provided, including the following information:

  • Lubricant products, applications, and specifications
  • Key performance requirements
  • Consumption by region and end-use industry
  • Synthetic and semi-synthetic lubricant penetration
  • Key suppliers and market share ranking
  • Market developments, growth drivers, and restraints
  • Market outlook, challenges, and opportunities

Industry Profiles

For each industry listed in Table 1, the following information is provided:

  • Industry definition, structure, and segments
  • Industry overview
  • Lubricant applications, specifications, purchase practices, and performance requirements
  • Lubricant consumption
  • Market developments, technology trends growth drivers, and restraints
  • Market outlook, challenges, and opportunities

COVID-19 Impact

Market impact for each industry segment with a 2020 impact estimate

Table 1.  Industries​​
Mining ​Cement​​
Power generation​​​​​ Off-highway transportation​​​​​
Primary metals General manufacturing​​​​
​​Transportation equipment ​​​​​​

Report Benefits

This report serves as an excellent resource for blenders and marketers of industrial oils and fluids to build solid strategic plans and respond to competitive forces, emerging technologies, and evolving market needs. It also offers information and insights to:

  • Develop business strategies by understanding the trends and developments that are driving key end-use industries and regions
  • Design product development, plus marketing and sales strategies; identify key competitors and evaluate their market position
  • Identify macro- and micro-economic trends shaping and driving the market for general industrial oils and greases

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