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Bio-Lubricants Market

Bio-Lubricants Market Analysis – By Type (Vegetable Oil, Animal Fats & Others), By Application (Gear Oils, Greases, Chainsaw Oils, Hydraulic Fluids, Metalworking Fluids, Mold Release Agents, Two-Cycle Engine Oils & Others), By End-User (Industrial, Transportation & Others), By Region (North America (United States & Canada), Europe (United Kingdom, Italy, Germany, Spain, France & Rest of Europe), Asia Pacific (India, China, Japan, South Korea, Australia, New Zealand, Rest of APAC), Latin America (Brazil, Mexico, Argentina & Rest of Latin America), Middle East & Africa) – Global Industry Size, Growth, Share, Trends, Demand, Strategy & Forecast Report | 2019 - 2025

  • ID : 1369130358  |  
  • Published : Oct-2019  |  
  • Region : Global  |  
  • Pages : 158   |  
  • Publisher : Esticast Research

Bio-Lubricants Market Size, Share, Trends & Forecast (2019 - 2025)

According to the research analysts at Research Cosmos, the size of the Global Bio-Lubricants Market is expected to be worth USD xx Million in 2019 and is forecasted to reach USD xx million by 2025, growing at a CAGR of xx % during the forecast period 2019 - 2025.

  • Bio-lubricants also was known as bio-lubes are the biodegradable and nontoxic lubricants. Bio-lubricants are generally produced using raw material like rapeseed oil, sunflower oil, palm oil, coconut oil, and animal fats.

  • The environmental impact of the application of lubricants in various industries with countries shifting focus towards greener alternatives which are eco-friendly, provide better equipment service life and surface finish compared to petroleum-based lubricants boosting the market demand for bio-lubricants. The presence of stringent environmental regulations, such as the US EPA 2013 Vessel General Permit (VGP) introduced by the US Environmental Protection Agency, has made the use of environmentally acceptable lubricants in all oil-to-sea interfaces.

  • The high cost of bio-lubricants and lack of suitable additives are the two significant restraints of the global bio-lubricants market. The price of the bio-lubricants is double as compared with the conventional petroleum lubricants, owing to the high investments required to implement new technologies. The high cost of bio-lubricants along with lack of acceptance in underdeveloped countries may hamper the bio-lubricants market.

What Information does this report contain?

  1. What was the market size of the Active Pharmaceutical Ingredients Market in 2017 and the expected market size by 2025, along with the growth rate?
  2. An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
  3. Which are the largest revenue-generating products, services or regions, and their comparative growth rate?
  4. Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
  5. Which are the leading companies in the Active Pharmaceutical Ingredients Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

Recent Developments:

In May 2018, Chevron Corporation announced the commercial launch of its new range of commercial vehicle gear bio-lubricant across all European markets under the Texaco Delo brand.

Segmentation & Sub-Segmentation of the Global Bio-Lubricants Market are:

Bio-Lubricants Market Analysis - By Type

  • Vegetable Oil
  • Animal Fats

Bio-Lubricants Market Analysis - By Application

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

Bio-Lubricants Market Analysis - By End User

  • Industrial
  • Transportation
  • Others

Bio-Lubricants Market Analysis - By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

The bio-lubricants market in Germany holds a significant share in the global market scenario as successful implementation of Ecolabel regulations such as the Blue Angel has set high standards of product design for a more sustainable manufacturing process.

The regional companies focus on joint ventures and collaborations to strengthen market position. For instance, in January 2018, France-based Total S.A. announced a new partnership agreement with Temot International to strengthen its product offerings and expand the business network.

Competitive Analysis:

The industry is currently in a nascent stage of development, yet highly consolidated with majority share held by top global companies.

The companies focus on strategic partnerships to expand business reach. For instance, in June 2017, Total S.A. announced a three-year strategic global partnership with NEXUS Automotive International, a leading international group of automotive and heavy-duty parts distributors, combining its expertise in the field of the automotive industry.

Key Companies Playing Major Role in the  Bio-Lubricants Market are:

  1. BP PLC
  2. Cargill, Inc.
  3. Chevron Corporation
  4. Exxon Mobil Corporation
  5. Fuchs Petrolub AG
  6. Emery Oleochemicals
  7. Klüber Lubrication München SE & Co. Kg
  9. Panolin AG
  10. Royal Dutch Shell PLC
  11. Total SA.

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