A recent report published by Infinium Global Research on lubricant packaging market provides an in-depth analysis of segments and sub-segments in global as well as regional lubricant packaging market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional lubricant packaging market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global lubricant packaging market. According to the report the global lubricant packaging market is projected to grow at a CAGR 3.5% over the forecast period of 2018-2024.
The report on global lubricant packaging market covers segments such as packaging, lubricant, and end use. On the basis of packaging, the global lubricant packaging market is categorized into tubes, stand-up pouches, drums, and bag-in-box. On the basis of lubricant, the global lubricant packaging market is categorized into gear oils, engine oils, metal-working fluids, greases, and transmission & hydraulic fluids. On the basis of end use the global lubricant packaging market is categorized into power generation, automotive, chemicals, and oil & gas.
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 a growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global lubricant packaging market such as, Balmer Lawrie & Co. Ltd., Time Technoplast Ltd., Duplas Al Sharq LLC, Mauser Group B.V., CYL Corporation Berhad, Universal Lubricants, A PetroChoice Co., Niagara Lubricant Co Inc, Packman Industries, Xinxiang Gangyu Packing Material Co., Ltd. and Zhongtian Petrochemical Co., Ltd.
The report provides deep insights into 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 lubricant packaging 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 lubricant packaging market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the lubricant packaging 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. This report will help manufacturers, suppliers, and distributors of the lubricant packaging market to understand the present and future trends in this market and formulate their strategies accordingly.
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