Lubricants Market in India, Increasing Demand from End-user Industries to Boost Market Growth - Technavio
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- The "Lubricants Market In India " report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the lubricants market in India between 2021 and 2026 is 809.93 thousand tons. The increasing demand from end-user industries is notably driving the lubricants market growth in India. To get the exact yearly growth variance and the Y-O-Y growth rate, Request Free Sample Report.
Lubricants Market in India Key Market Segmentation
The category of lubricants based on mineral oil in India will significantly increase its market share. Mineral oil-based lubricants are highly demanded due to their affordability and accessibility. Mineral oil-based lubricants are produced by distilling, solvent-extracting, and breaking crude oil to produce petroleum. Because mineral oil-based lubricants are produced on a massive scale during the refining of petroleum, they are significantly less expensive than synthetic and bio-based lubricants. This is one of the key benefits of utilizing them. such factors are expected to drive the segment's growth during the forecast period. Buy Sample Report.
Lubricants Market Vendors in India
- Bharat Petroleum Corp. Ltd.: The company offers lubricant products that include engine oil, gear oils, greases, petrol, oil, grease, penetrating lubricants, dry lubricants, and many more, under the brand name of Bharat Petroleum Corp. Ltd.
- BP Plc: The company offers lubricant products that include gasoline, kerosene, distillate fuel oils, residual fuel oils, lubricants, and many more, under the brand name of BP Plc.
- Exxon Mobil Corp.: The company offers lubricant products that include crude oil, natural gas, petroleum products, petrochemical, natural gas exploration, production, refining, and many more, under the brand name of Exxon Mobil Corp.
- Gulf Oil Lubricants India Ltd.: The company offers lubricant products that include engine oil, gear oils, greases, petrol, oil, grease, penetrating lubricants, petroleum, gas, and many more, under the brand name of Gulf Oil Lubricants India Ltd.
- Indian Oil Corp. Ltd.: The company offers lubricant products that provide refining, pipeline transportation, exploration, production of crude oil, gas, petrochemicals, gas marketing, and many more, under the brand name of Indian Oil Corp. Ltd.
One of the main factors promoting the expansion of the lubricants market in India is the rising demand from end-user industries. Because of their anti-wear properties, corrosion resistance, and other qualities, lubricants are utilized in construction equipment. In the steel industry, they are utilized in a variety of applications such as hydraulic fluids, compressor oils, and other substances.
Lubricants are necessary for machinery including blast furnaces, continuous castings, and others to lower downtime and boost operational effectiveness. During the projection period, these factors will fuel market expansion. Although factors such as fluctuations in crude oil prices may impede market growth. Download Free Sample Report.
Polyisoprene Rubber Market by Application and Geography - Forecast and Analysis 2022-2026: The polyisoprene rubber market share is expected to increase to USD 172.54 million from 2021 to 2026, at a CAGR of 6.7%.
Calcium Chloride Market by Application and Geography - Forecast and Analysis 2022-2026: The calcium chloride market share is expected to increase to USD 354.99 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.19%.
Lubricants Market in India Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Accelerate at a CAGR of 5.58% |
Market growth 2022-2026 | 809.93 th tons |
Market structure | Fragmented |
YoY growth (%) | 4.75 |
Regional analysis | India |
Performing market contribution | India at 100% |
Key consumer countries | India |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Bharat Petroleum Corp. Ltd., BP Plc, Exxon Mobil Corp., Gulf Oil Lubricants India Ltd., Indian Oil Corp. Ltd., Oil and Natural Gas Corp. Ltd., Royal Dutch Shell Plc, Tide Water Oil Co. Ltd., TOTAL SE, and Valvoline Inc. |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1. Executive Summary
1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key Finding 2
Exhibit 03: Key Finding 5
Exhibit 04: Key Finding 6
Exhibit 05: Key Finding 7
2. Market Landscape
2.1 Market ecosystem
2.1.1 Parent Market
Exhibit 06: Parent market
Exhibit 07: Market characteristics
2.2 Value chain analysis
Exhibit 08: Value chain analysis: Specialty chemicals
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Operations
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 Support activities
2.2.7 Industry innovations
3. Market Sizing
3.1 Market Definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 11: India - Market size and forecast 2021 - 2026 (thousand tons)
Exhibit 12: India market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 13: Five forces analysis 2021 & 2026
4.2 Bargaining power of buyers
Exhibit 14: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 15: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 16: Threat of new entrants
4.5 Threat of substitutes
Exhibit 17: Threat of substitutes
4.6 Threat of rivalry
Exhibit 18: Threat of rivalry
4.7 Market condition
Exhibit 19: Market condition - Five forces 2021
5. Market Segmentation by Product
5.1 Market segments
Exhibit 20: Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 21: Comparison by Product
5.3 Mineral oil-based lubricants - Market size and forecast 2021-2026
Exhibit 22: Mineral oil-based lubricants - Market size and forecast 2021-2026 (thousand tons)
Exhibit 23: Mineral oil-based lubricants - Year-over-year growth 2021-2026 (%)
5.4 Synthetic lubricants - Market size and forecast 2021-2026
Exhibit 24: Synthetic lubricants - Market size and forecast 2021-2026 (thousand tons)
Exhibit 25: Synthetic lubricants - Year-over-year growth 2021-2026 (%)
5.5 Bio-based lubricants - Market size and forecast 2021-2026
Exhibit 26: Bio-based lubricants - Market size and forecast 2021-2026 (thousand tons)
Exhibit 27: Bio-based lubricants - Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by Product
Exhibit 28: Market opportunity by Product
6 Market Segmentation by Application
6.1 Market segments
Exhibit 29: Application - Market share 2021-2026 (%)
6.2 Comparison by Application
Exhibit 30: Comparison by Application
6.3 Automotive oils - Market size and forecast 2021-2026
Exhibit 31: Automotive oils - Market size and forecast 2021-2026 (thousand tons)
Exhibit 32: Automotive oils - Year-over-year growth 2021-2026 (%)
6.4 Industrial oils - Market size and forecast 2021-2026
Exhibit 33: Industrial oils - Market size and forecast 2021-2026 (thousand tons)
Exhibit 34: Industrial oils - Year-over-year growth 2021-2026 (%)
6.5 Process oils - Market size and forecast 2021-2026
Exhibit 35: Process oils - Market size and forecast 2021-2026 (thousand tons)
Exhibit 36: Process oils - Year-over-year growth 2021-2026 (%)
6.6 Metalworking fluids - Market size and forecast 2021-2026
Exhibit 37: Metalworking fluids - Market size and forecast 2021-2026 (thousand tons)
Exhibit 38: Metalworking fluids - Year-over-year growth 2021-2026 (%)
6.7 Greases - Market size and forecast 2021-2026
Exhibit 39: Greases - Market size and forecast 2021-2026 (thousand tons)
Exhibit 40: Greases - Year-over-year growth 2021-2026 (%)
6.8 Market opportunity by Application
Exhibit 41: Market opportunity by Application
7. Customer landscape
7.1 Overview
Technavio's customer landscape matrix compares Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate, and Key purchase criteria
Exhibit 42:Customer landscape
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Increasing demand from end-user industries
8.1.2 Increasing need for reliable machinery and effective maintenance
8.1.3 Increased implementation of automatic lubrication systems
8.2 Market challenges
8.2.1 Fluctuations in crude oil prices
8.2.2 Environmental impact of lubricants
8.2.3 Increasing adoption of electric vehicles
Exhibit 43: Impact of drivers and challenges
8.3 Market trends
8.3.1 Rising adoption of synthetic lubricants
8.3.2 Rising need for technological upgrades
8.3.3 the Growing number of industry-specific products
9. Vendor Landscape
9.1 Overview
Exhibit 44: Vendor landscape
9.2 Vendor Disruption
Exhibit 45: Landscape disruption
Exhibit 46: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 47: Vendors covered
10.2 Market positioning of vendors
Exhibit 48: Market positioning of vendors
10.3 Bharat Petroleum Corp. Ltd.
Exhibit 49: Bharat Petroleum Corp. Ltd. - Overview
Exhibit 50: Bharat Petroleum Corp. Ltd. - Business segments
Exhibit 51: Bharat Petroleum Corp. Ltd. - Key offerings
Exhibit 52: Bharat Petroleum Corp. Ltd. - Segment focus
10.4 BP Plc
Exhibit 53: BP Plc - Overview
Exhibit 54: BP Plc - Business segments
Exhibit 55: BP Plc - Key news
Exhibit 56: BP Plc - Key offerings
Exhibit 57: BP Plc - Segment focus
10.5 Exxon Mobil Corp.
Exhibit 58: Exxon Mobil Corp. - Overview
Exhibit 59: Exxon Mobil Corp. - Business segments
Exhibit 60: Exxon Mobil Corp. - Key news
Exhibit 61: Exxon Mobil Corp. - Key offerings
Exhibit 62: Exxon Mobil Corp. - Segment focus
10.6 Gulf Oil Lubricants India Ltd.
Exhibit 63: Gulf Oil Lubricants India Ltd. - Overview
Exhibit 64: Gulf Oil Lubricants India Ltd. - Business segments
Exhibit 65: Gulf Oil Lubricants India Ltd. - Key offerings
Exhibit 66: Gulf Oil Lubricants India Ltd. - Segment focus
10.7 Indian Oil Corp. Ltd.
Exhibit 67: Indian Oil Corp. Ltd. - Overview
Exhibit 68: Indian Oil Corp. Ltd. - Business segments
Exhibit 69: Indian Oil Corp. Ltd. - Key offerings
Exhibit 70: Indian Oil Corp. Ltd. - Segment focus
10.8 Oil and Natural Gas Corp. Ltd.
Exhibit 71: Oil and Natural Gas Corp. Ltd. - Overview
Exhibit 72: Oil and Natural Gas Corp. Ltd. - Business segments
Exhibit 73: Oil and Natural Gas Corp. Ltd. - Key offerings
Exhibit 74: Oil and Natural Gas Corp. Ltd. - Segment focus
10.9 Royal Dutch Shell Plc
Exhibit 75: Royal Dutch Shell Plc - Overview
Exhibit 76: Royal Dutch Shell Plc - Business segments
Exhibit 77: Royal Dutch Shell Plc - Key offerings
Exhibit 78: Royal Dutch Shell Plc - Segment focus
10.10 Tide Water Oil Co. Ltd.
Exhibit 79: Tide Water Oil Co. Ltd. - Overview
Exhibit 80: Tide Water Oil Co. Ltd. - Business segments
Exhibit 81: Tide Water Oil Co. Ltd. - Key offerings
Exhibit 82: Tide Water Oil Co. Ltd. - Segment focus
10.11 TOTAL SE
Exhibit 83: TOTAL SE - Overview
Exhibit 84: TOTAL SE - Business segments
Exhibit 85: TOTAL SE - Key news
Exhibit 86: TOTAL SE - Key offerings
Exhibit 87: TOTAL SE - Segment focus
10.12 Valvoline Inc.
Exhibit 88: Valvoline Inc. - Overview
Exhibit 89: Valvoline Inc. - Business segments
Exhibit 90: Valvoline Inc. - Key offerings
Exhibit 91: Valvoline Inc. - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market Definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 92: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 93: Research Methodology
Exhibit 94: Validation techniques employed for market sizing
Exhibit 95: Information sources
11.4 List of abbreviations
Exhibit 96: List of abbreviations
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