A recent report published by
Infinium Global Research on biolubricants market provides in depth analysis of
segments and sub-segments in global as well as regional markets of
biolubricants market. The study also highlights the impact of drivers,
restraints and macro indicators on the global and regional markets of biolubricants
over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of global biolubricants
market. According to report, the global biolubricants market is projected to
grow at a CAGR of 6.2% over the forecast period of 2018 - 2024.
The report on global the biolubricants market covers segments such as type, application, and end-use.
The type segments include animal oil and vegetable oil. On the basis of
application the global biolubricants market is categorized into automotive
engine oils, gear oils, hydraulic oils, transmission fluids, greases, chainsaw
oils, process oils, demolding oils, metal working fluids, and others.
Furthermore, on the basis of end-use the biolubricants market is segmented as
commercial transportation, consumer automotive, and industrial.
The report provides regional
analysis covering geographies such as North America, Europe, Asia-Pacific, and
Rest of the World. In this section, the key trends and market size for each
geography are provided over the period of 2016 – 2024. The countries covered in
the North America region include the U.S., Canada, and Mexico; while
Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among
others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included
in the European region. The U.S. drives the growth in the North America region
as it is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets
such as India and China. The APAC region is projected to experience growth at
a CAGR of x.x% over the period of 2018 - 2024.
The report provides profiles of
the companies in the global biolubricants market such as Castrol, Petronas
Lubricant International, Kluber Lubrication, Emery Oleochemicals, Solution
Biogen Sdn Bhd, Chevron Corp, Albemarle Corp, Binol Biolubricants, Royal Dutch
shell, and ExxonMobil.
The report provides deep insights
on demand forecasts, market trends, and micro and macro indicators. In addition,
this report provides insights into the factors that are driving and restraining
the global biolubricants market. Moreover, IGR-Growth Matrix analysis given in
the report brings an insight into the investment areas that existing or new
market players can consider. The report provides insights into the market using
analytical tools such as Porter’s five forces analysis and DRO analysis of the biolubricants market.
Moreover, the study highlights current market
trends and provides forecast from 2018 to 2024. We also have highlighted future
trends in the biolubricants market that will impact the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Additionally, the analysis highlights the rise and fall in the market shares of the
key players in the market. This report will help manufacturers, suppliers, and
distributors of the biolubricants market to understand the present and future
trends in this market and formulate their strategies accordingly.