出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年2月
Synthetic Lubricants Market – Global Forecast to 2028
合成潤滑剤市場 : タイプ [ポリアルファオレフィン (PAO)、エステル、ポリアルキングリコール (PAG)、グループ III]、製品タイプ (エンジン油、油圧作動油、金属加工油、コンプレッサー油、タービン油)、＆地域別 – 2028年までの世界予測
Synthetic Lubricants Market by Type (Polyalphaolefins (PAOs), Esters, Poly Alkyne Glycols (PAGs), Group III), Product Type (Engine Oils, Hydraulic Fluids, Metalworking Fluids, Compressor Oils, Turbine Oils), & Region – Global Forecast to 2028
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| 図表数 | 371 |
| 種別 | 英文調査報告書 |
| 価格 |
Report Overview
The synthetic lubricants market is poised for steady growth, with a projected value of USD 48.0 billion by 2028, exhibiting a robust CAGR of 3.1% from its 2023 value of USD 41.2 billion. Automotive engines, transmissions, and drivetrains frequently employ synthetic lubricants. In comparison to traditional mineral-based lubricants, they provide superior viscosity stability, thermal stability, and oxidation resistance, which enhances engine performance, fuel efficiency, and durability. Synthetic motor oils are especially well-liked in racing and high-performance automobiles.
“Esters segment is projected to be the fastest growing type of synthetic lubricants, in terms of value, during the forecast period.”
Ester oils have a high resistance to thermal breakdown, making them suitable for use in applications where high temperatures are encountered. They maintain their lubricating properties even at elevated temperatures, reducing the risk of oil degradation and ensuring consistent performance. Because of their exceptional oxidation resistance, ester oils help keep varnish and sludge deposits in the lubricating system from forming. This prolongs the life of the lubricant and the components it lubricates, improving equipment reliability.
“Compressor Oils segment to be the fastest growing product type for synthetic lubricants market, in terms of value, during the forecast period”
Synthetic lubricants are widely used in various types of compressors across different industries due to their superior performance and properties. Rotating screw compressors, which are frequently found in industrial settings for uses including air compression in manufacturing plants, pneumatic tools, and process air systems, frequently use synthetic lubricants. Excellent lubrication, thermal stability, and oxidation resistance are provided by synthetic compressor lubricants, which contribute to the compressor’s extended service life and continued effective operation.
“Asia Pacific was the largest synthetic lubricants market in 2022, in terms of value.”
The Asia Pacific region is undergoing rapid industrialization and urbanization, driving demand for machinery, vehicles, and equipment that require high-performance lubricants. As industries expand and modernize, there is a growing need for synthetic lubricants to ensure efficient operation and extended equipment life. With rising car sales and manufacturing, the Asia Pacific automotive sector is flourishing. Automotive engines, transmissions, and drivetrains frequently employ synthetic lubricants because they offer the best resistance to heat, friction, and wear. Synthetic lubricants are becoming more widely used as consumers seek greater engine performance and fuel efficiency.
In the meticulous process of determining and verifying market sizes for multiple segments and subsegments, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:
• By Company Type: Tier 1 – 69%, Tier 2 – 23%, and Tier 3 – 8%
• By Designation: – Director Level – 37%, C-Level – 23%, and Others – 40%
• By Region: North America – 32%, Europe – 21%, Asia Pacific – 28%, South America – 7%, and Middle East & Africa – 12%,
The key market players illustrated in the report include Shell plc (UK), BP p.l.c (UK)., Exxon Mobil Corporation (US), TotalEnergies SE (France), FUCHS (Germany), Chevron Corporation (US), Idemitsu Kosan Co., Ltd. (Japan), China Petroleum & Chemical Corporation (China), LUKOIL (Russia), and Petroliam Nasional Berhad (PETRONAS) (Malaysia).
Research Coverage
This report segments the market for synthetic lubricants on the basis of type, product type, and region, and provides estimations for the overall value (USD Million) of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for bio-based leather.
Reasons to buy this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the synthetic lubricants market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
• Analysis of key drivers (High growth of construction industry in Asia Pacific and Middle East & Africa, Growth in offshore exploration and production activities, Growing demand for high-quality lubricants), restraints (Rise in demand for alternative fuels, Stringent environmental regulations), opportunities (Leveraging e-commerce industry to increase customer reach, Advancements in synthetic lubricants technologies), and challenges (Emergence of alternative technologies, Rising raw material prices)
• Market Penetration: Comprehensive information on synthetic lubricants offered by top players in the global synthetic lubricants market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the synthetic lubricants
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for synthetic lubricants across regions
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global synthetic lubricants market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the synthetic lubricants market
• Impact of recession on synthetic lubricants
Table of Contents
1 INTRODUCTION 41
1.1 STUDY OBJECTIVES 41
1.2 MARKET DEFINITION 41
1.2.1 INCLUSIONS AND EXCLUSIONS 42
1.2.2 MARKET DEFINITIONS AND INCLUSIONS, BY TYPE 42
1.2.3 MARKET DEFINITIONS AND INCLUSIONS, BY PRODUCT TYPE 43
1.2.4 MARKET DEFINITIONS AND INCLUSIONS, BY END-USE INDUSTRY 43
1.3 MARKET SCOPE 44
1.3.1 MARKET SEGMENTATION 44
1.3.2 REGIONS COVERED 44
1.4 YEARS CONSIDERED 45
1.5 CURRENCY CONSIDERED 45
1.6 UNITS CONSIDERED 45
1.7 STAKEHOLDERS 45
1.8 SUMMARY OF CHANGES 46
1.8.1 IMPACT OF RECESSION 46
2 RESEARCH METHODOLOGY 47
2.1 RESEARCH DATA 47
FIGURE 1 RESEARCH DESIGN 47
2.1.1 SECONDARY DATA 47
2.1.2 PRIMARY DATA 48
2.1.2.1 Interviews with experts–demand and supply sides 48
2.1.2.2 Key industry insights 48
2.1.2.3 Breakdown of interviews with experts 49
2.2 MARKET SIZE ESTIMATION 49
2.2.1 BOTTOM UP APPROACH 50
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE SHARE OF MAJOR PLAYERS 50
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS 50
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – BOTTOM UP (DEMAND SIDE): PRODUCTS SOLD 51
2.3 DATA TRIANGULATION 51
FIGURE 5 DATA TRIANGULATION 52
2.4 GROWTH RATE ASSUMPTIONS/GROWTH FORECASTS 52
2.4.1 SUPPLY SIDE 53
FIGURE 6 MARKET GROWTH PROJECTION FROM SUPPLY SIDE 53
2.4.2 DEMAND SIDE 53
FIGURE 7 MARKET GROWTH PROJECTION FROM DEMAND SIDE DRIVERS AND OPPORTUNITIES 53
2.5 IMPACT OF RECESSION 54
2.6 ASSUMPTIONS 54
2.7 LIMITATIONS 54
2.8 RISK ASSESSMENT 55
TABLE 1 RISK ASSESSMENT 55
3 EXECUTIVE SUMMARY 56
FIGURE 8 PAOS SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023 56
FIGURE 9 COMPRESSOR OIL TO BE FASTEST-GROWING SEGMENT IN SYNTHETIC LUBRICANTS MARKET 57
FIGURE 10 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF SYNTHETIC LUBRICANTS MARKET IN 2022 58
4 PREMIUM INSIGHTS 59
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SYNTHETIC LUBRICANTS MARKET 59
FIGURE 11 EMERGING ECONOMIES IN ASIA PACIFIC TO FUEL MARKET DEMAND 59
4.2 ASIA PACIFIC SYNTHETIC LUBRICANTS MARKET, BY APPLICATION AND COUNTRY 59
FIGURE 12 CHINA LED ASIA PACIFIC SYNTHETIC LUBRICANTS MARKET IN 2022 59
4.3 SYNTHETIC LUBRICANTS MARKET, BY REGION 60
FIGURE 13 ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2022 60
4.4 SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE 60
FIGURE 14 ENGINE OILS SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023 60
4.5 SYNTHETIC LUBRICANTS MARKET, BY TYPE VS. REGION 61
FIGURE 15 PAO WAS DOMINANT SEGMENT IN SYNTHETIC LUBRICANTS MARKET IN MOST REGIONS IN 2022 61
4.6 SYNTHETIC LUBRICANTS MARKET ATTRACTIVENESS 61
FIGURE 16 CHINA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 61
5 MARKET OVERVIEW 62
5.1 INTRODUCTION 62
5.2 MARKET DYNAMICS 62
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SYNTHETIC LUBRICANTS MARKET 62
5.2.1 DRIVERS 63
5.2.1.1 Significant growth of construction industry in Asia Pacific and Middle East & Africa 63
5.2.1.2 Growth in offshore exploration and production activities 63
5.2.1.3 Growing demand for high-quality lubricants 63
5.2.1.4 Rise in automation in construction industry 64
5.2.2 RESTRAINTS 64
5.2.2.1 Rise in demand for alternative fuels 64
5.2.2.2 Stringent environmental regulations 64
5.2.3 OPPORTUNITIES 65
5.2.3.1 Leveraging e-commerce industry to increase customer reach 65
5.2.3.2 Advancements in synthetic lubricant technologies 65
5.2.4 CHALLENGES 65
5.2.4.1 Emergence of alternative technologies 65
5.2.4.2 Rising raw material prices 65
TABLE 2 CRUDE OIL PRICE TRENDS (2019–2022) 66
5.3 PORTER’S FIVE FORCES ANALYSIS 66
FIGURE 18 PORTER’S FIVE FORCES ANALYSIS 66
5.3.1 THREAT OF SUBSTITUTES 67
5.3.2 THREAT OF NEW ENTRANTS 67
5.3.3 BARGAINING POWER OF SUPPLIERS 67
5.3.4 BARGAINING POWER OF BUYERS 68
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 68
TABLE 3 SYNTHETIC LUBRICANTS MARKET: PORTER’S FIVE FORCES ANALYSIS 68
5.4 MACROECONOMIC INDICATORS 68
5.4.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES 69
TABLE 4 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES, 2020–2028 (USD BILLION) 69
6 INDUSTRY TRENDS 70
6.1 SUPPLY CHAIN ANALYSIS 70
FIGURE 19 SUPPLY CHAIN 70
6.1.1 RAW MATERIALS 70
6.1.2 MANUFACTURERS 70
6.1.3 DISTRIBUTION TO END USERS 71
6.1.4 END-USE INDUSTRIES 71
6.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 71
FIGURE 20 REVENUE SHIFT FOR SYNTHETIC LUBRICANTS MARKET 71
6.3 ECOSYSTEM ANALYSIS/MARKET MAP 72
FIGURE 21 ECOSYSTEM 72
TABLE 5 ECOSYSTEM 72
6.4 CASE STUDIES 74
6.4.1 LUBRICATION FAILURE IN SHIP’S MAIN ENGINE: CAUSE, EFFECT, AND SOLUTION 74
6.4.2 KLÜBER LUBRICATION LAUNCHES INNOVATIVE SOLUTION FOR SUSTAINABLE SHIP PROPULSION 74
6.4.3 CHEVRON ORONITE INTRODUCES NEW MARINE CYLINDER LUBRICANT ADDITIVE PACKAGE FOR IMO 2020-COMPLIANT FUELS 74
6.5 TECHNOLOGY ANALYSIS 75
6.5.1 KEY TECHNOLOGIES 75
6.5.1.1 Nanotechnology in synthetic lubricants 75
6.5.2 COMPLEMENTARY TECHNOLOGIES 75
6.5.2.1 Refining process technologies 75
6.5.2.2 Re-refining technology 75
6.5.2.3 SO2 scrubbing system technology 76
6.6 KEY STAKEHOLDERS AND BUYING CRITERIA 76
6.6.1 KEY STAKEHOLDERS IN BUYING PROCESS 76
FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE PRODUCT TYPES 76
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE PRODUCT TYPES (%) 76
6.6.2 BUYING CRITERIA 77
FIGURE 23 KEY BUYING CRITERIA FOR TOP THREE PRODUCT TYPES 77
TABLE 7 KEY BUYING CRITERIA FOR TOP THREE PRODUCT TYPES 77
6.7 PRICING ANALYSIS 78
6.7.1 AVERAGE SELLING PRICE TREND, BY REGION 78
FIGURE 24 AVERAGE SELLING PRICE TREND OF SYNTHETIC LUBRICANTS, BY REGION (USD/KG) 78
TABLE 8 AVERAGE SELLING PRICE TREND OF SYNTHETIC LUBRICANTS, BY REGION (USD/KG) 78
6.7.2 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PRODUCT TYPE 79
FIGURE 25 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PRODUCT TYPE 79
TABLE 9 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PRODUCT TYPE (USD/KG) 79
6.8 TRADE ANALYSIS 79
6.8.1 IMPORT SCENARIO OF SYNTHETIC LUBRICANTS 79
FIGURE 26 IMPORTS OF SYNTHETIC LUBRICANTS, BY KEY COUNTRY, 2013–2021 80
TABLE 10 IMPORTS OF SYNTHETIC LUBRICANTS, BY REGION, 2013–2021 (USD MILLION) 80
6.8.2 EXPORT SCENARIO OF SYNTHETIC LUBRICANTS 81
FIGURE 27 EXPORTS OF SYNTHETIC LUBRICANTS, BY KEY COUNTRY, 2013–2021 81
TABLE 11 EXPORTS OF SYNTHETIC LUBRICANTS, BY REGION, 2013–2021 (USD MILLION) 81
6.9 REGULATORY LANDSCAPE OF SYNTHETIC LUBRICANTS 82
6.9.1 REGULATIONS FOR SYNTHETIC LUBRICANTS 82
TABLE 12 NORTH AMERICA: REGULATIONS FOR SYNTHETIC LUBRICANTS 82
TABLE 13 EUROPE: REGULATIONS FOR SYNTHETIC LUBRICANTS 82
TABLE 14 ASIA PACIFIC: REGULATIONS FOR SYNTHETIC LUBRICANTS 83
TABLE 15 MIDDLE EAST & AFRICA: REGULATIONS FOR SYNTHETIC LUBRICANTS 84
TABLE 16 SOUTH AMERICA: REGULATIONS FOR SYNTHETIC LUBRICANTS 84
6.9.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 84
6.10 KEY CONFERENCES & EVENTS, 2024–2025 85
TABLE 17 DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025 85
6.11 INVESTMENT LANDSCAPE 85
6.12 PATENT ANALYSIS 86
6.12.1 APPROACH 86
6.12.2 DOCUMENT TYPE 86
TABLE 18 PATENT STATUS AND COUNT 86
FIGURE 28 PATENTS REGISTERED IN SYNTHETIC LUBRICANTS MARKET, 2012–2022 86
FIGURE 29 PATENT PUBLICATION TRENDS, 2012–2022 87
FIGURE 30 LEGAL STATUS OF PATENTS FILED IN SYNTHETIC LUBRICANTS MARKET 87
6.12.3 JURISDICTION ANALYSIS 88
FIGURE 31 MAXIMUM PATENTS FILED IN JURISDICTION OF US 88
6.12.4 TOP APPLICANTS 88
FIGURE 32 LUBRIZOL CORPORATION REGISTERED MAXIMUM NUMBER OF PATENTS BETWEEN 2012 AND 2022 88
TABLE 19 LIST OF PATENTS BY LUBRIZOL CORPORATION 89
7 SYNTHETIC LUBRICANTS MARKET, BY TYPE 90
7.1 INTRODUCTION 91
FIGURE 33 ESTERS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 91
TABLE 20 SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 91
TABLE 21 SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (USD MILLION) 91
TABLE 22 SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (KILOTON) 92
TABLE 23 SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (KILOTON) 92
7.2 POLYALPHAOLEFINS (PAOS) 92
7.2.1 WIDE OPERATIONAL TEMPERATURE RANGE AND OXIDATIVE STABILITY TO DRIVE MARKET 92
TABLE 24 PAOS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 93
TABLE 25 PAOS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 93
TABLE 26 PAOS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 93
TABLE 27 PAOS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 94
7.3 ESTERS 94
7.3.1 USE IN JET ENGINE LUBRICANTS, REFRIGERATION LUBRICANTS, AIR COMPRESSORS, AND AUTOMOTIVE SECTOR TO DRIVE MARKET 94
TABLE 28 ESTERS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 94
TABLE 29 ESTERS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 95
TABLE 30 ESTERS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 95
TABLE 31 ESTERS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 95
7.4 POLYALKYLENE GLYCOLS (PAGS) 96
7.4.1 INCREASING DEMAND FOR METALWORKING FLUIDS TO DRIVE MARKET 96
TABLE 32 PAGS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 96
TABLE 33 PAGS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 96
TABLE 34 PAGS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 97
TABLE 35 PAGS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 97
7.5 GROUP III (HYDROCRACKING) 97
7.5.1 BETTER PERFORMANCE UNDER EXTREME CONDITIONS, VISCOSITY INDEX, HIGHER SHEAR STABILITY, AND CHEMICAL RESISTANCE TO DRIVE MARKET 97
TABLE 36 GROUP III: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 98
TABLE 37 GROUP III: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 98
TABLE 38 GROUP III: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 98
TABLE 39 GROUP III: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 99
8 SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE 100
8.1 INTRODUCTION 101
FIGURE 34 COMPRESSOR OILS SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 101
TABLE 40 SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 101
TABLE 41 SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 102
TABLE 42 SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 102
TABLE 43 SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 103
8.2 ENGINE OILS 103
8.2.1 RAPID EXPANSION OF AUTOMOTIVE SECTOR TO DRIVE MARKET 103
TABLE 44 ENGINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 103
TABLE 45 ENGINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 104
TABLE 46 ENGINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 104
TABLE 47 ENGINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 104
8.3 HYDRAULIC FLUIDS 105
8.3.1 GROWING MANUFACTURING SECTOR IN EMERGING ECONOMIES TO DRIVE MARKET 105
TABLE 48 HYDRAULIC FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 105
TABLE 49 HYDRAULIC FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 105
TABLE 50 HYDRAULIC FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 106
TABLE 51 HYDRAULIC FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 106
8.4 METALWORKING FLUIDS 106
8.4.1 GROWTH IN AUTOMOTIVE MANUFACTURING AND EXPANSION OF MACHINERY AND METAL FABRICATION INDUSTRIES TO DRIVE MARKET 106
TABLE 52 METALWORKING FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 107
TABLE 53 METALWORKING FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 107
TABLE 54 METALWORKING FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 107
TABLE 55 METALWORKING FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 108
8.5 COMPRESSOR OILS 108
8.5.1 GROWING DEMAND FOR INDUSTRIAL MACHINERY & EQUIPMENT TO DRIVE MARKET 108
TABLE 56 COMPRESSOR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 108
TABLE 57 COMPRESSOR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 109
TABLE 58 COMPRESSOR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 109
TABLE 59 COMPRESSOR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 109
8.6 GEAR OILS 110
8.6.1 EXPANDING AUTOMOTIVE INDUSTRY TO OFFER SIGNIFICANT GROWTH OPPORTUNITIES TO DRIVE MARKET 110
TABLE 60 GEAR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 110
TABLE 61 GEAR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 110
TABLE 62 GEAR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 111
TABLE 63 GEAR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 111
8.7 REFRIGERATION OILS 111
8.7.1 INCREASING DEMAND FOR CONSUMER APPLIANCES TO DRIVE MARKET 111
TABLE 64 REFRIGERATION OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 112
TABLE 65 REFRIGERATION OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 112
TABLE 66 REFRIGERATION OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 112
TABLE 67 REFRIGERATION OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 113
8.8 TRANSMISSION FLUIDS 113
8.8.1 INCREASINGLY STRINGENT ENVIRONMENTAL REGULATIONS TO DRIVE MARKET 113
TABLE 68 TRANSMISSION FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 113
TABLE 69 TRANSMISSION FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 114
TABLE 70 TRANSMISSION FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 114
TABLE 71 TRANSMISSION FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 114
8.9 TURBINE OILS 115
8.9.1 GROWING DEMAND FOR ENERGY TO DRIVE MARKET 115
TABLE 72 TURBINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 115
TABLE 73 TURBINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 115
TABLE 74 TURBINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 116
TABLE 75 TURBINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 116
9 SYNTHETIC LUBRICANTS MARKET, BY END-USE INDUSTRY 117
9.1 INTRODUCTION 118
9.2 TRANSPORTATION 118
9.2.1 COMMERCIAL VEHICLES 118
9.2.1.1 Growing need for buses and taxis to drive market 118
9.2.2 PASSENGER VEHICLES 119
9.2.2.1 Economic development and rise in spending power to drive market 119
9.2.2.2 4-wheelers 119
9.2.2.3 2-wheelers 119
9.2.3 AVIATION 120
9.2.3.1 Rising living standards and decreasing airfare to drive market 120
9.2.4 MARINE 120
9.2.4.1 Superior shear resistance, thermal stability, viscosity stability, engine longevity, and fuel economy to drive market 120
9.2.5 RAILWAY 120
9.2.5.1 Developed railway operations in North America to drive market 120
9.3 INDUSTRIAL 121
9.3.1 CONSTRUCTION 121
9.3.1.1 Increased government investments in infrastructure projects to drive market 121
9.3.2 METAL & MINING 121
9.3.2.1 Demand for bucket wheels, excavators, draglines, electric rope shovels, hydraulic shovels, and mining trucks to drive market 121
9.3.3 CEMENT PRODUCTION 121
9.3.3.1 Utility in crushers, mills, kilns, and coolers to drive market 121
9.3.4 POWER GENERATION 122
9.3.4.1 Provision of superior performance, water resistance, and high corrosion inhibition to drive market 122
9.3.5 AUTOMOTIVE (VEHICLE MANUFACTURING) 122
9.3.5.1 Smooth operation and long service life of machines to drive market 122
9.3.6 CHEMICAL 122
9.3.6.1 Requirement for compressor oils in gas compressors, industrial valves, fittings, and rolling bearings to drive market 122
9.3.7 OIL & GAS 122
9.3.7.1 Demand for pipe connections, derricks, mud systems, thrusters, and deck cranes to drive market 122
9.3.8 TEXTILE 123
9.3.8.1 Use in knitting machines, fiber processing machines, spinning machines, cutting machines, and rolling machines to drive market 123
9.3.9 FOOD PROCESSING 123
9.3.9.1 Protection against wear, corrosion, and contamination in food processing equipment to drive market 123
9.4 OTHER END-USE INDUSTRIES 123
10 SYNTHETIC LUBRICANTS MARKET, BY REGION 124
10.1 INTRODUCTION 125
FIGURE 35 ASIA PACIFIC TO BE FASTEST-GROWING SYNTHETIC LUBRICANTS MARKET 125
TABLE 76 SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION) 125
TABLE 77 SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION) 125
TABLE 78 SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON) 126
TABLE 79 SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON) 126
10.2 EUROPE 126
FIGURE 36 EUROPE: SYNTHETIC LUBRICANTS MARKET SNAPSHOT 127
10.2.1 IMPACT OF RECESSION ON EUROPE 127
10.2.2 EUROPE SYNTHETIC LUBRICANTS MARKET, BY TYPE 128
TABLE 80 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 128
TABLE 81 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (USD MILLION) 128
TABLE 82 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (KILOTON) 128
TABLE 83 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (KILOTON) 129
10.2.3 EUROPE SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE 129
TABLE 84 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 129
TABLE 85 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 129
TABLE 86 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 130
TABLE 87 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 130
10.2.4 EUROPE SYNTHETIC LUBRICANTS MARKET, BY COUNTRY 131
TABLE 88 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 131
TABLE 89 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 131
TABLE 90 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (KILOTON) 132
TABLE 91 EUROPE: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (KILOTON) 132
10.2.4.1 Germany 132
10.2.4.1.1 High automotive production to drive market 132
TABLE 92 GERMANY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 133
TABLE 93 GERMANY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 133
TABLE 94 GERMANY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 134
TABLE 95 GERMANY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 134
10.2.4.2 UK 135
10.2.4.2.1 Increasing investments in infrastructure to drive market 135
TABLE 96 UK: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 135
TABLE 97 UK: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 135
TABLE 98 UK: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 136
TABLE 99 UK: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 136
10.2.4.3 France 136
10.2.4.3.1 Increasing environmental regulations to drive market 136
TABLE 100 FRANCE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 137
TABLE 101 FRANCE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 137
TABLE 102 FRANCE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 138
TABLE 103 FRANCE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 138
10.2.4.4 Italy 138
10.2.4.4.1 Growth of manufacturing sector to drive market 138
TABLE 104 ITALY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 139
TABLE 105 ITALY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 139
TABLE 106 ITALY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 140
TABLE 107 ITALY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 140
10.2.4.5 Spain 140
10.2.4.5.1 Industrial and automotive manufacturing sectors to drive market 140
TABLE 108 SPAIN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 141
TABLE 109 SPAIN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 141
TABLE 110 SPAIN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 142
TABLE 111 SPAIN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 142
10.2.4.6 Russia 142
10.2.4.6.1 Large oil & gas industry to drive market 142
TABLE 112 RUSSIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 143
TABLE 113 RUSSIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 143
TABLE 114 RUSSIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 144
TABLE 115 RUSSIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 144
10.3 NORTH AMERICA 144
FIGURE 37 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET SNAPSHOT 145
10.3.1 IMPACT OF RECESSION ON NORTH AMERICA 145
10.3.2 NORTH AMERICA SYNTHETIC LUBRICANTS MARKET, BY TYPE 146
TABLE 116 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 146
TABLE 117 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (USD MILLION) 146
TABLE 118 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (KILOTON) 146
TABLE 119 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (KILOTON) 147
10.3.3 NORTH AMERICA SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE 147
TABLE 120 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 147
TABLE 121 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 148
TABLE 122 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 148
TABLE 123 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 149
10.3.4 NORTH AMERICA SYNTHETIC LUBRICANTS MARKET, BY COUNTRY 149
TABLE 124 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 149
TABLE 125 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 149
TABLE 126 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (KILOTON) 150
TABLE 127 NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (KILOTON) 150
10.3.4.1 US 150
10.3.4.1.1 Automotive and aviation sectors to drive market 150
TABLE 128 US: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 151
TABLE 129 US: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 151
TABLE 130 US: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 152
TABLE 131 US: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 152
10.3.4.2 Canada 152
10.3.4.2.1 Growing manufacturing and marine sectors to drive market 152
TABLE 132 CANADA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 153
TABLE 133 CANADA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 153
TABLE 134 CANADA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 154
TABLE 135 CANADA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 154
10.3.4.3 Mexico 154
10.3.4.3.1 Rapid growth of automotive and construction sectors to drive market 154
TABLE 136 MEXICO: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 155
TABLE 137 MEXICO: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 155
TABLE 138 MEXICO: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 156
TABLE 139 MEXICO: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 156
10.4 ASIA PACIFIC 156
FIGURE 38 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET SNAPSHOT 157
10.4.1 IMPACT OF RECESSION ON ASIA PACIFIC 157
10.4.2 ASIA PACIFIC SYNTHETIC LUBRICANTS MARKET, BY TYPE 158
TABLE 140 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 158
TABLE 141 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (USD MILLION) 158
TABLE 142 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (KILOTON) 159
TABLE 143 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (KILOTON) 159
10.4.3 ASIA PACIFIC SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE 159
TABLE 144 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 159
TABLE 145 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 160
TABLE 146 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 160
TABLE 147 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 161
10.4.4 ASIA PACIFIC SYNTHETIC LUBRICANTS MARKET, BY COUNTRY 161
TABLE 148 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 161
TABLE 149 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 162
TABLE 150 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (KILOTON) 162
TABLE 151 ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (KILOTON) 163
10.4.4.1 China 163
10.4.4.1.1 Presence of major manufacturing industries to drive market 163
TABLE 152 CHINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 163
TABLE 153 CHINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 164
TABLE 154 CHINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 164
TABLE 155 CHINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 165
10.4.4.2 Japan 165
10.4.4.2.1 Stringent environmental regulations and high automobile production to drive market 165
TABLE 156 JAPAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 165
TABLE 157 JAPAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 166
TABLE 158 JAPAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 166
TABLE 159 JAPAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 167
10.4.4.3 India 167
10.4.4.3.1 Increasing vehicle buyers and rising foreign direct investments to drive market 167
TABLE 160 INDIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 168
TABLE 161 INDIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 168
TABLE 162 INDIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 169
TABLE 163 INDIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 169
10.4.4.4 South Korea 169
10.4.4.4.1 Industrial, transportation, and marine sectors to drive market 169
TABLE 164 SOUTH KOREA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 170
TABLE 165 SOUTH KOREA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 170
TABLE 166 SOUTH KOREA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 171
TABLE 167 SOUTH KOREA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 171
10.4.4.5 Indonesia 171
10.4.4.5.1 Growing oil & gas sector to drive market 171
TABLE 168 INDONESIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 172
TABLE 169 INDONESIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 172
TABLE 170 INDONESIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 173
TABLE 171 INDONESIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 173
10.4.4.6 Thailand 173
10.4.4.6.1 Emerging automotive, electronics, and textiles sectors to drive market 173
TABLE 172 THAILAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 174
TABLE 173 THAILAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 174
TABLE 174 THAILAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 175
TABLE 175 THAILAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 175
10.4.4.7 Australia and New Zealand 175
10.4.4.7.1 Well-established mining industry to drive market 175
TABLE 176 AUSTRALIA AND NEW ZEALAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 176
TABLE 177 AUSTRALIA AND NEW ZEALAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 176
TABLE 178 AUSTRALIA AND NEW ZEALAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 177
TABLE 179 AUSTRALIA AND NEW ZEALAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 177
10.5 MIDDLE EAST & AFRICA 177
10.5.1 IMPACT OF RECESSION ON MIDDLE EAST & AFRICA 178
10.5.2 MIDDLE EAST & AFRICA SYNTHETIC LUBRICANTS MARKET, BY TYPE 178
TABLE 180 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 178
TABLE 181 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (USD MILLION) 178
TABLE 182 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (KILOTON) 179
TABLE 183 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (KILOTON) 179
10.5.3 MIDDLE EAST & AFRICA SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE 180
TABLE 184 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 180
TABLE 185 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 180
TABLE 186 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 181
TABLE 187 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 181
10.5.4 MIDDLE EAST & AFRICA SYNTHETIC LUBRICANTS MARKET, BY COUNTRY 182
TABLE 188 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 182
TABLE 189 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 182
TABLE 190 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (KILOTON) 183
TABLE 191 MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (KILOTON) 183
10.5.4.1 GCC 183
10.5.4.1.1 Significant investments in transportation networks, utilities, and real estate sector to drive market 183
10.5.4.1.2 Saudi Arabia 184
10.5.4.1.2.1 Large oil & gas sector to drive market 184
TABLE 192 SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 184
TABLE 193 SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 185
TABLE 194 SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 185
TABLE 195 SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 186
10.5.4.2 Iran 186
10.5.4.2.1 Developing automotive industry to drive market 186
TABLE 196 IRAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 187
TABLE 197 IRAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 187
TABLE 198 IRAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 188
TABLE 199 IRAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 188
10.5.4.3 South Africa 188
10.5.4.3.1 Need to significantly reduce CO2 emissions and fuel consumption to drive market 188
TABLE 200 SOUTH AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 189
TABLE 201 SOUTH AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 189
TABLE 202 SOUTH AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 190
TABLE 203 SOUTH AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 190
10.6 SOUTH AMERICA 191
10.6.1 IMPACT OF RECESSION ON SOUTH AMERICA 191
10.6.2 SOUTH AMERICA SYNTHETIC LUBRICANTS MARKET, BY TYPE 191
TABLE 204 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 191
TABLE 205 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (USD MILLION) 192
TABLE 206 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (KILOTON) 192
TABLE 207 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (KILOTON) 192
10.6.3 SOUTH AMERICA SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE 193
TABLE 208 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 193
TABLE 209 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 193
TABLE 210 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 194
TABLE 211 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 194
10.6.4 SOUTH AMERICA SYNTHETIC LUBRICANTS MARKET, BY COUNTRY 194
TABLE 212 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 194
TABLE 213 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 195
TABLE 214 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (KILOTON) 195
TABLE 215 SOUTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (KILOTON) 195
10.6.4.1 Brazil 196
10.6.4.1.1 Significant investments in manufacturing industry to drive market 196
TABLE 216 BRAZIL: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 196
TABLE 217 BRAZIL: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 196
TABLE 218 BRAZIL: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 197
TABLE 219 BRAZIL: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 197
10.6.4.2 Argentina 198
10.6.4.2.1 Developing mining industry to drive market 198
TABLE 220 ARGENTINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 198
TABLE 221 ARGENTINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION) 198
TABLE 222 ARGENTINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON) 199
TABLE 223 ARGENTINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON) 199
11 COMPETITIVE LANDSCAPE 200
11.1 INTRODUCTION 200
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 200
TABLE 224 OVERVIEW OF KEY STRATEGIES ADOPTED BY MAJOR COMPANIES 200
11.3 MARKET SHARE ANALYSIS 202
TABLE 225 DEGREE OF COMPETITION 203
FIGURE 39 SHELL PLC LED SYNTHETIC LUBRICANTS MARKET IN 2022 203
11.3.1 RANKING OF KEY MARKET PLAYERS, 2022 205
FIGURE 40 RANKING OF MAJOR PLAYERS IN SYNTHETIC LUBRICANTS MARKET, 2022 205
11.4 REVENUE ANALYSIS OF MAJOR PLAYERS 205
FIGURE 41 REVENUE ANALYSIS OF KEY COMPANIES IN LAST 5 YEARS 205
11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2022 206
11.5.1 STARS 206
11.5.2 EMERGING LEADERS 206
11.5.3 PERVASIVE PLAYERS 206
11.5.4 PARTICIPANTS 206
FIGURE 42 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2022 207
11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2022 208
11.5.5.1 Company overall footprint 208
FIGURE 43 COMPANY OVERALL FOOTPRINT (25 COMPANIES) 208
11.5.5.2 Company region footprint 209
TABLE 226 COMPANY REGION FOOTPRINT (25 COMPANIES) 209
11.5.5.3 Company type footprint 210
TABLE 227 COMPANY TYPE FOOTPRINT (25 COMPANIES) 210
11.5.5.4 Company product type footprint 211
TABLE 228 COMPANY PRODUCT TYPE FOOTPRINT (25 COMPANIES) 211
11.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2022 212
11.6.1 PROGRESSIVE COMPANIES 212
11.6.2 RESPONSIVE COMPANIES 212
11.6.3 DYNAMIC COMPANIES 212
11.6.4 STARTING BLOCKS 212
FIGURE 44 STARTUP/SME EVALUATION MATRIX, 2022 213
11.6.5 COMPETITIVE BENCHMARKING, 2022 213
11.6.5.1 Detailed list of key startups/SMEs 213
TABLE 229 DETAILED LIST OF KEY STARTUPS/SMES 213
11.6.5.2 Competitive benchmarking of key startups/SMEs 214
TABLE 230 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 214
11.7 COMPANY EVALUATION AND FINANCIAL METRICS OF KEY PLAYERS 214
FIGURE 45 COMPANY VALUATION OF KEY PLAYERS 214
FIGURE 46 EV/EBITDA OF KEY PLAYERS 215
11.8 BRAND/PRODUCT COMPARISON 215
11.9 COMPETITIVE SCENARIO AND TRENDS 216
11.9.1 PRODUCT LAUNCHES 216
TABLE 231 PRODUCT LAUNCHES (SEPTEMBER 2019–JANUARY 2024) 216
11.9.2 DEALS 218
TABLE 232 DEALS (MAY 2019–JANUARY 2024) 218
11.9.3 OTHER DEVELOPMENTS 220
TABLE 233 EXPANSIONS, INVESTMENTS, AND INNOVATIONS (JANUARY 2019–NOVEMBER 2023) 220
12 COMPANY PROFILES 222
(Business overview, Products/Solutions/Services offered, Recent Developments, Product launches, Deals, Other developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats) *
12.1 KEY PLAYERS 222
12.1.1 SHELL PLC 222
TABLE 234 SHELL PLC: COMPANY OVERVIEW 222
FIGURE 47 SHELL PLC: COMPANY SNAPSHOT 223
TABLE 235 SHELL PLC: PRODUCTS /SOLUTIONS/SERVICES OFFERED 223
TABLE 236 SHELL PLC: PRODUCT LAUNCHES 224
TABLE 237 SHELL PLC: DEALS 225
TABLE 238 SHELL PLC: OTHER DEVELOPMENTS 225
12.1.2 EXXON MOBIL CORPORATION 227
TABLE 239 EXXON MOBIL CORPORATION: COMPANY OVERVIEW 227
FIGURE 48 EXXON MOBIL CORPORATION: COMPANY SNAPSHOT 228
TABLE 240 EXXON MOBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 228
TABLE 241 EXXON MOBIL CORPORATION: PRODUCT LAUNCHES 230
TABLE 242 EXXON MOBIL CORPORATION: OTHER DEVELOPMENTS 230
12.1.3 BP P.L.C. 232
TABLE 243 BP P.L.C.: COMPANY OVERVIEW 232
FIGURE 49 BP P.L.C.: COMPANY SNAPSHOT 233
TABLE 244 BP P.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 233
TABLE 245 BP P.L.C.: OTHER DEVELOPMENTS 234
12.1.4 CHEVRON CORPORATION 236
TABLE 246 CHEVRON CORPORATION: COMPANY OVERVIEW 236
FIGURE 50 CHEVRON CORPORATION: COMPANY SNAPSHOT 237
TABLE 247 CHEVRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 237
TABLE 248 CHEVRON CORPORATION: PRODUCT LAUNCHES 239
TABLE 249 CHEVRON CORPORATION: DEALS 239
TABLE 250 CHEVRON CORPORATION: OTHER DEVELOPMENTS 239
12.1.5 TOTALENERGIES SE 241
TABLE 251 TOTALENERGIES SE: COMPANY OVERVIEW 241
FIGURE 51 TOTALENERGIES SE: COMPANY SNAPSHOT 242
TABLE 252 TOTALENERGIES SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 242
TABLE 253 TOTALENERGIES SE: DEALS 245
TABLE 254 TOTALENERGIES SE: OTHER DEVELOPMENTS 245
12.1.6 FUCHS 247
TABLE 255 FUCHS: COMPANY OVERVIEW 247
FIGURE 52 FUCHS: COMPANY SNAPSHOT 248
TABLE 256 FUCHS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 248
TABLE 257 FUCHS: PRODUCT LAUNCHES 250
TABLE 258 FUCHS: DEALS 250
12.1.7 IDEMITSU KOSAN CO., LTD. 252
TABLE 259 IDEMITSU KOSAN CO., LTD.: COMPANY OVERVIEW 252
FIGURE 53 IDEMITSU KOSAN CO., LTD.: COMPANY SNAPSHOT 253
TABLE 260 IDEMITSU KOSAN CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 253
TABLE 261 IDEMITSU KOSAN CO., LTD.: PRODUCT LAUNCHES 254
TABLE 262 IDEMITSU KOSAN CO., LTD.: DEALS 254
TABLE 263 IDEMITSU KOSAN CO., LTD.: OTHER DEVELOPMENTS 255
12.1.8 CHINA PETROLEUM & CHEMICAL CORPORATION 256
TABLE 264 CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY OVERVIEW 256
FIGURE 54 CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY SNAPSHOT 257
TABLE 265 CHINA PETROLEUM & CHEMICAL CORPORATION: PRODUCTS/SOLUTIONS/ SERVICES OFFERED 257
TABLE 266 CHINA PETROLEUM & CHEMICAL CORPORATION: DEALS 258
TABLE 267 CHINA PETROLEUM & CHEMICAL CORPORATION: OTHER DEVELOPMENTS 259
12.1.9 LUKOIL 261
TABLE 268 LUKOIL: COMPANY OVERVIEW 261
FIGURE 55 LUKOIL: COMPANY SNAPSHOT 262
TABLE 269 LUKOIL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 262
TABLE 270 LUKOIL: PRODUCT LAUNCHES 263
TABLE 271 LUKOIL: DEALS 264
TABLE 272 LUKOIL: OTHER DEVELOPMENTS 264
12.1.10 PETROLIAM NASIONAL BERHAD (PETRONAS) 265
TABLE 273 PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY OVERVIEW 265
FIGURE 56 PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY SNAPSHOT 266
TABLE 274 PETROLIAM NASIONAL BERHAD (PETRONAS): PRODUCTS/SOLUTIONS/ SERVICES OFFERED 266
TABLE 275 PETROLIAM NASIONAL BERHAD (PETRONAS): DEALS 268
TABLE 276 PETROLIAM NASIONAL BERHAD (PETRONAS): OTHER DEVELOPMENTS 268
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, Product launches, Deals, Other developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
12.2 STARTUPS/SMES 269
12.2.1 INDIAN OIL CORPORATION LTD. 269
TABLE 277 INDIAN OIL CORPORATION LTD.: COMPANY OVERVIEW 269
12.2.2 ENEOS HOLDINGS, INC. 270
TABLE 278 ENEOS HOLDINGS, INC.: COMPANY OVERVIEW 270
12.2.3 GULF OIL INTERNATIONAL LTD. 271
TABLE 279 GULF OIL INTERNATIONAL LTD.: COMPANY OVERVIEW 271
12.2.4 ENOC COMPANY 272
TABLE 280 ENOC COMPANY: COMPANY OVERVIEW 272
12.2.5 ENI S.P.A. 273
TABLE 281 ENI S.P.A.: COMPANY OVERVIEW 273
12.2.6 SK INC. 274
TABLE 282 SK INC.: COMPANY OVERVIEW 274
12.2.7 CEPSA 275
TABLE 283 CEPSA: COMPANY OVERVIEW 275
12.2.8 GAZPROMNEFT-SM LLC 276
TABLE 284 GAZPROMNEFT-SM LLC: COMPANY OVERVIEW 276
12.2.9 ADDINOL LUBE OIL GMBH 276
TABLE 285 ADDINOL LUBE OIL GMBH: COMPANY OVERVIEW 276
12.2.10 BEL-RAY COMPANY LLC 277
TABLE 286 BEL-RAY COMPANY LLC: COMPANY OVERVIEW 277
12.2.11 MORRIS LUBRICANTS 277
TABLE 287 MORRIS LUBRICANTS: COMPANY OVERVIEW 277
12.2.12 PENRITE OIL COMPANY 278
TABLE 288 PENRITE OIL COMPANY: COMPANY OVERVIEW 278
12.2.13 LIQUI MOLY GMBH 278
TABLE 289 LIQUI MOLY GMBH: COMPANY OVERVIEW 278
12.2.14 DYADE LUBRICANTS 279
TABLE 290 DYADE LUBRICANTS: COMPANY OVERVIEW 279
12.2.15 KLÜBER LUBRICATION 279
TABLE 291 KLÜBER LUBRICATION: COMPANY OVERVIEW 279
SSS13 ADJACENT & RELATED MARKETS 280
13.1 INTRODUCTION 280
13.2 LIMITATIONS 280
13.3 MARINE LUBRICANTS MARKET 280
13.3.1 MARKET DEFINITION 280
13.3.2 MARKET OVERVIEW 281
13.4 MARINE LUBRICANTS MARKET, BY REGION 281
TABLE 292 MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (USD MILLION) 281
TABLE 293 MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 281
TABLE 294 MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (KILOTON) 282
TABLE 295 MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (KILOTON) 282
13.4.1 NORTH AMERICA 283
TABLE 296 NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 283
TABLE 297 NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 283
TABLE 298 NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON) 283
TABLE 299 NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON) 284
13.4.2 ASIA PACIFIC 284
TABLE 300 ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 284
TABLE 301 ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 285
TABLE 302 ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON) 285
TABLE 303 ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON) 286
13.4.3 EUROPE 286
TABLE 304 EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 286
TABLE 305 EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 287
TABLE 306 EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON) 287
TABLE 307 EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON) 288
13.4.4 SOUTH AMERICA 288
TABLE 308 SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 288
TABLE 309 SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 288
TABLE 310 SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON) 289
TABLE 311 SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON) 289
13.4.5 MIDDLE EAST & AFRICA 289
TABLE 312 MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 289
TABLE 313 MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 290
TABLE 314 MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON) 290
TABLE 315 MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON) 290
14 APPENDIX 291
14.1 DISCUSSION GUIDE 291
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 294
14.3 CUSTOMIZATION OPTIONS 296
14.4 RELATED REPORTS 296
14.5 AUTHOR DETAILS 297