New Study Reveals, The Biolubricants Market is Expected to Reach $2,972.13 Million by 2020 at a CAGR of 6.27% Between 2015 and 2020
DUBLIN, Sept. 10, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/cvrwtr/biolubricants) has announced the addition of the "Biolubricants Market by Type, Application, End Use & by Region - Global trends and Forecasts to 2020" report to their offering.
The biolubricants market is expected to reach $2,972.13 Million by 2020 at a CAGR of 6.27% between 2015 and 2020.
Biolubricants are widely used in hydraulic fluids, metalworking fluids, chainsaw oils, mold release agents, two-cycle engine oils, gear oils, greases and others applications. In 2014, the global biolubricants market registered 346.51 kilotons in terms of volume.
Europe is the largest market of biolubricants, accounted for 48% of the total global demand in 2014. North America held the second-largest share in the biolubricants market in 2014 and is projected to register highest CAGR between 2015 and 2020.
There is an increasing demand for biolubricants in the end use industries. While, the industrial segment accounted for the largest market share, commercial transport is projected to register highest growth in the coming years.
The various types and their applications covered in the report are:
Biolubricants Types
- Vegetable Oils
- Animal Fats
- Others
Biolubricants Applications
- Hydraulic Fluids
- Metal Working Fluids
- Chain Saw Oils
- Mold Release Agents
- 2-cycle Engine Oils
- Gear Oils, Greases
- Others
The market is derived by studying the consumption trends of biolubricants and its use in various applications of the aforementioned regions. The price trends of these biolubricants have been analyzed from annual reports of major players.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Biolubricants Market, By Type
8 Biolubricants Market, By Application
9 Biolubricants Market, By End Use
10 Biolubricants Market, By Region
11 Competitive Landscape
12 Company Profiles
- Albemarle Corporation - BP PLC. - Chevron Corporation - Emery Oleochemicals Group - Exxon Mobil Corporation - Fuchs Petrolub Se - Kluber Lubrication München Se & Co. Kg - Panolin AG - RoWe Mineralolwerk GmbH - Royal Dutch Shell PLC - Total S.A.
For more information visit http://www.researchandmarkets.com/research/cvrwtr/biolubricants
Media Contact:
Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets
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