The global specialty lubricants market is anticipated to cross $ 81 Billion by the end of 2025. Globally, synthetic oil-based specialty lubricant is the most preferred type of specialty lubricants. High demand for synthetic oil-based specialty lubricants is due to their superior performance at high temperatures, oxidation stability and durability, as compared to conventional mineral oil lubricants.
Specialty lubricants are superior quality and multi-functional lubricants which are manufactured by using high class raw materials and advanced technologies. In addition to keeping machinery parts moving, an industrial lubricant - oil or grease - can serve many functions to benefit productivity and cost control. However, the stress on machineries is crossing the limits of the conventional lubricants, and hence paving way for specialty lubricants. Growing industrialization in developing nations is one of the major factors expected to aid the global specialty lubricants during 2016-2025.
Moreover, increasing construction activities, widening base of small and mid-cap industries and growing demand for highly advanced machineries and equipment are some of the major factors anticipated to boost the demand for specialty lubricants across the world during 2016-2025. In addition, high awareness among engineers about high performance lubricants and superior characteristics of synthetic oil based lubricants coupled with stringent government laws are anticipated to positively influence the global specialty lubricants market during forecast period.
- Anderol Specialty Lubricants
- BASF SE
- BP Plc
- Balmer Lawrie
- Chevron Lubricants
- Dow Corning Corporation
- Elba Lubrication Inc.
- Eurol B.V.
- Exol Corporation
- ExxonMobil Corporation
- FUCHS LUBRITECH GmbH
- HUSK-ITT Corporation
- Klüber Lubrication München SE & Co. KG
- Matrix Specialty Lubricants BV
- Nyco S.A.
- Royal Dutch Shell PLC
- Sinopec Corporation
- Total S.A
- Tribology Tech-Lube Inc.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Analyst View
4. Global Specialty Lubricants Market Overview
5. Global Specialty Lubricants Market Outlook
6. North America Specialty Lubricants Market Outlook
7. Europe Specialty Lubricants Market Outlook
8. Asia-Pacific Specialty Lubricants Market Outlook
9. South America Specialty Lubricants Market Outlook
10. Middle East & Africa Specialty Lubricants Market Outlook 11. Market Dynamics
12. Market Trends & Developments
13. Competitive Landscape
14. Strategic Recommendations
For more information about this report visit http://www.researchandmarkets.com/research/9vvk2x/global_specialty
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SOURCE Research and Markets