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Global Industrial Oils Market Research Report 2024
Synopsis
The market for general industrial oils is anticipated to register a CAGR of 2.15% during the forecast period, 2019–2024. These oils include various types and are engineered to enhance the performance and running cycles of different industrial machinery.
The global Industrial Oils market was valued at US$ 50370 million in 2023 and is anticipated to reach US$ 63130 million by 2030, witnessing a CAGR of 2.8% during the forecast period 2024-2030.
North American market for Industrial Oils is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Industrial Oils is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Industrial Oils include Lubrita, Paras Lubricants Ltd, Apar Industries Ltd, Eastern Petroleum, Repsol, Castrol Limited, Exxon Mobil Corporation, Shell Global and Arabol Lubricants, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Industrial Oils, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Oils.
Report Scope
The Industrial Oils market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Oils market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Oils manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Lubrita
Paras Lubricants Ltd
Apar Industries Ltd
Eastern Petroleum
Repsol
Castrol Limited
Exxon Mobil Corporation
Shell Global
Arabol Lubricants
Arabian Petroleum Ltd
HP Lubricants
Aarna Lube Private Limited
Tashoil Company Pvt Ltd
China Petrochemical Corporation (Sinopec)
Chevron USA Inc.
Segment by Type
Turbine Oil
Refrigeration Oil
Compressor Oil
Electrical Oil
Heat Transfer Oil
Segment by Application
Power Generation
Automotive & Other Transportation
Heavy Equipment
Food & Beverage
Metallurgy & Metal Working
Chemical Manufacturing
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Industrial Oils manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Oils by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial Oils in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The market for general industrial oils is anticipated to register a CAGR of 2.15% during the forecast period, 2019–2024. These oils include various types and are engineered to enhance the performance and running cycles of different industrial machinery.
The global Industrial Oils market was valued at US$ 50370 million in 2023 and is anticipated to reach US$ 63130 million by 2030, witnessing a CAGR of 2.8% during the forecast period 2024-2030.
North American market for Industrial Oils is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Industrial Oils is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Industrial Oils include Lubrita, Paras Lubricants Ltd, Apar Industries Ltd, Eastern Petroleum, Repsol, Castrol Limited, Exxon Mobil Corporation, Shell Global and Arabol Lubricants, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Industrial Oils, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Oils.
Report Scope
The Industrial Oils market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Oils market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Oils manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Lubrita
Paras Lubricants Ltd
Apar Industries Ltd
Eastern Petroleum
Repsol
Castrol Limited
Exxon Mobil Corporation
Shell Global
Arabol Lubricants
Arabian Petroleum Ltd
HP Lubricants
Aarna Lube Private Limited
Tashoil Company Pvt Ltd
China Petrochemical Corporation (Sinopec)
Chevron USA Inc.
Segment by Type
Turbine Oil
Refrigeration Oil
Compressor Oil
Electrical Oil
Heat Transfer Oil
Segment by Application
Power Generation
Automotive & Other Transportation
Heavy Equipment
Food & Beverage
Metallurgy & Metal Working
Chemical Manufacturing
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Industrial Oils manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Oils by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial Oils in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Industrial Oils Market Overview
1.1 Product Definition
1.2 Industrial Oils Segment by Type
1.2.1 Global Industrial Oils Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Turbine Oil
1.2.3 Refrigeration Oil
1.2.4 Compressor Oil
1.2.5 Electrical Oil
1.2.6 Heat Transfer Oil
1.3 Industrial Oils Segment by Application
1.3.1 Global Industrial Oils Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Power Generation
1.3.3 Automotive & Other Transportation
1.3.4 Heavy Equipment
1.3.5 Food & Beverage
1.3.6 Metallurgy & Metal Working
1.3.7 Chemical Manufacturing
1.3.8 Other
1.4 Global Market Growth Prospects
1.4.1 Global Industrial Oils Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Industrial Oils Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Industrial Oils Production Estimates and Forecasts (2019-2030)
1.4.4 Global Industrial Oils Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial Oils Production Market Share by Manufacturers (2019-2024)
2.2 Global Industrial Oils Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Industrial Oils, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Industrial Oils Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Industrial Oils Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Industrial Oils, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial Oils, Product Offered and Application
2.8 Global Key Manufacturers of Industrial Oils, Date of Enter into This Industry
2.9 Industrial Oils Market Competitive Situation and Trends
2.9.1 Industrial Oils Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial Oils Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial Oils Production by Region
3.1 Global Industrial Oils Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Industrial Oils Production Value by Region (2019-2030)
3.2.1 Global Industrial Oils Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Industrial Oils by Region (2025-2030)
3.3 Global Industrial Oils Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Industrial Oils Production by Region (2019-2030)
3.4.1 Global Industrial Oils Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Industrial Oils by Region (2025-2030)
3.5 Global Industrial Oils Market Price Analysis by Region (2019-2024)
3.6 Global Industrial Oils Production and Value, Year-over-Year Growth
3.6.1 North America Industrial Oils Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Industrial Oils Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Industrial Oils Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Industrial Oils Production Value Estimates and Forecasts (2019-2030)
4 Industrial Oils Consumption by Region
4.1 Global Industrial Oils Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Industrial Oils Consumption by Region (2019-2030)
4.2.1 Global Industrial Oils Consumption by Region (2019-2024)
4.2.2 Global Industrial Oils Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Industrial Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Industrial Oils Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Industrial Oils Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Industrial Oils Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Industrial Oils Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Industrial Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Industrial Oils Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Industrial Oils Production by Type (2019-2030)
5.1.1 Global Industrial Oils Production by Type (2019-2024)
5.1.2 Global Industrial Oils Production by Type (2025-2030)
5.1.3 Global Industrial Oils Production Market Share by Type (2019-2030)
5.2 Global Industrial Oils Production Value by Type (2019-2030)
5.2.1 Global Industrial Oils Production Value by Type (2019-2024)
5.2.2 Global Industrial Oils Production Value by Type (2025-2030)
5.2.3 Global Industrial Oils Production Value Market Share by Type (2019-2030)
5.3 Global Industrial Oils Price by Type (2019-2030)
6 Segment by Application
6.1 Global Industrial Oils Production by Application (2019-2030)
6.1.1 Global Industrial Oils Production by Application (2019-2024)
6.1.2 Global Industrial Oils Production by Application (2025-2030)
6.1.3 Global Industrial Oils Production Market Share by Application (2019-2030)
6.2 Global Industrial Oils Production Value by Application (2019-2030)
6.2.1 Global Industrial Oils Production Value by Application (2019-2024)
6.2.2 Global Industrial Oils Production Value by Application (2025-2030)
6.2.3 Global Industrial Oils Production Value Market Share by Application (2019-2030)
6.3 Global Industrial Oils Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Lubrita
7.1.1 Lubrita Industrial Oils Corporation Information
7.1.2 Lubrita Industrial Oils Product Portfolio
7.1.3 Lubrita Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Lubrita Main Business and Markets Served
7.1.5 Lubrita Recent Developments/Updates
7.2 Paras Lubricants Ltd
7.2.1 Paras Lubricants Ltd Industrial Oils Corporation Information
7.2.2 Paras Lubricants Ltd Industrial Oils Product Portfolio
7.2.3 Paras Lubricants Ltd Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Paras Lubricants Ltd Main Business and Markets Served
7.2.5 Paras Lubricants Ltd Recent Developments/Updates
7.3 Apar Industries Ltd
7.3.1 Apar Industries Ltd Industrial Oils Corporation Information
7.3.2 Apar Industries Ltd Industrial Oils Product Portfolio
7.3.3 Apar Industries Ltd Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Apar Industries Ltd Main Business and Markets Served
7.3.5 Apar Industries Ltd Recent Developments/Updates
7.4 Eastern Petroleum
7.4.1 Eastern Petroleum Industrial Oils Corporation Information
7.4.2 Eastern Petroleum Industrial Oils Product Portfolio
7.4.3 Eastern Petroleum Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Eastern Petroleum Main Business and Markets Served
7.4.5 Eastern Petroleum Recent Developments/Updates
7.5 Repsol
7.5.1 Repsol Industrial Oils Corporation Information
7.5.2 Repsol Industrial Oils Product Portfolio
7.5.3 Repsol Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Repsol Main Business and Markets Served
7.5.5 Repsol Recent Developments/Updates
7.6 Castrol Limited
7.6.1 Castrol Limited Industrial Oils Corporation Information
7.6.2 Castrol Limited Industrial Oils Product Portfolio
7.6.3 Castrol Limited Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Castrol Limited Main Business and Markets Served
7.6.5 Castrol Limited Recent Developments/Updates
7.7 Exxon Mobil Corporation
7.7.1 Exxon Mobil Corporation Industrial Oils Corporation Information
7.7.2 Exxon Mobil Corporation Industrial Oils Product Portfolio
7.7.3 Exxon Mobil Corporation Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Exxon Mobil Corporation Main Business and Markets Served
7.7.5 Exxon Mobil Corporation Recent Developments/Updates
7.8 Shell Global
7.8.1 Shell Global Industrial Oils Corporation Information
7.8.2 Shell Global Industrial Oils Product Portfolio
7.8.3 Shell Global Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Shell Global Main Business and Markets Served
7.7.5 Shell Global Recent Developments/Updates
7.9 Arabol Lubricants
7.9.1 Arabol Lubricants Industrial Oils Corporation Information
7.9.2 Arabol Lubricants Industrial Oils Product Portfolio
7.9.3 Arabol Lubricants Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Arabol Lubricants Main Business and Markets Served
7.9.5 Arabol Lubricants Recent Developments/Updates
7.10 Arabian Petroleum Ltd
7.10.1 Arabian Petroleum Ltd Industrial Oils Corporation Information
7.10.2 Arabian Petroleum Ltd Industrial Oils Product Portfolio
7.10.3 Arabian Petroleum Ltd Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Arabian Petroleum Ltd Main Business and Markets Served
7.10.5 Arabian Petroleum Ltd Recent Developments/Updates
7.11 HP Lubricants
7.11.1 HP Lubricants Industrial Oils Corporation Information
7.11.2 HP Lubricants Industrial Oils Product Portfolio
7.11.3 HP Lubricants Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.11.4 HP Lubricants Main Business and Markets Served
7.11.5 HP Lubricants Recent Developments/Updates
7.12 Aarna Lube Private Limited
7.12.1 Aarna Lube Private Limited Industrial Oils Corporation Information
7.12.2 Aarna Lube Private Limited Industrial Oils Product Portfolio
7.12.3 Aarna Lube Private Limited Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Aarna Lube Private Limited Main Business and Markets Served
7.12.5 Aarna Lube Private Limited Recent Developments/Updates
7.13 Tashoil Company Pvt Ltd
7.13.1 Tashoil Company Pvt Ltd Industrial Oils Corporation Information
7.13.2 Tashoil Company Pvt Ltd Industrial Oils Product Portfolio
7.13.3 Tashoil Company Pvt Ltd Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Tashoil Company Pvt Ltd Main Business and Markets Served
7.13.5 Tashoil Company Pvt Ltd Recent Developments/Updates
7.14 China Petrochemical Corporation (Sinopec)
7.14.1 China Petrochemical Corporation (Sinopec) Industrial Oils Corporation Information
7.14.2 China Petrochemical Corporation (Sinopec) Industrial Oils Product Portfolio
7.14.3 China Petrochemical Corporation (Sinopec) Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.14.4 China Petrochemical Corporation (Sinopec) Main Business and Markets Served
7.14.5 China Petrochemical Corporation (Sinopec) Recent Developments/Updates
7.15 Chevron USA Inc.
7.15.1 Chevron USA Inc. Industrial Oils Corporation Information
7.15.2 Chevron USA Inc. Industrial Oils Product Portfolio
7.15.3 Chevron USA Inc. Industrial Oils Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Chevron USA Inc. Main Business and Markets Served
7.15.5 Chevron USA Inc. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial Oils Industry Chain Analysis
8.2 Industrial Oils Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial Oils Production Mode & Process
8.4 Industrial Oils Sales and Marketing
8.4.1 Industrial Oils Sales Channels
8.4.2 Industrial Oils Distributors
8.5 Industrial Oils Customers
9 Industrial Oils Market Dynamics
9.1 Industrial Oils Industry Trends
9.2 Industrial Oils Market Drivers
9.3 Industrial Oils Market Challenges
9.4 Industrial Oils Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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