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.
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