Biolubricants Market in the US 2018-2022

Published: Sep 2018 Pages: 106 SKU: IRTNTR23911

Below are some of the key findings from this biolubricants market in the US analysis report:

 

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Global biolubricants market in the US overview

The need to reduce dependence on crude oil is a critical factor driving the biolubricants market in the US. The fluctuations in the price of crude oil lead to volatility in the price of synthetic lubricants. Therefore, plant-based products such as soybean, rapeseed, and canola are being used for producing biolubricants. Moreover, other factors such as high-performance, non-toxicity, and biodegradability of biolubricants are contributing to preference for these over crude oil-based lubricants.

The rise in demand from the defense industry is a key trend that will positively impact the biolubricants market in the US. The defense sector of the US is increasingly using biolubricants, as they offer environmental benefits and have low carbon content. Moreover, regulatory agencies and the Department of Defense and Air Force have tested and approved biolubricants for use in non-tactical ground vehicles. Thus, the reduction in crude oil dependence coupled with the rise in demand from the defense industry are factors that will drive the biolubricants market at a CAGR of close to 7% during the forecast period.

Top biolubricants companies in the US covered in this report

The biolubricants market in the US is highly fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this biolubricants market in the US analysis report will help clients identify and design new growth strategies.

The report offers a detailed analysis of several leading biolubricants companies in the US including:

  • BP
  • Chevron
  • Exxon Mobil
  • FUCHS
  • Shell International
  • Total

 Biolubricants market in the US segmentation based on product

  • Plant-based
  • Animal-based

The largest product segment of the biolubricants market in the US in 2017 was plant-based biolubricants. The market share of this segment will increase further, and it will continue to dominate the market throughout the next five years.

Biolubricants market in the US segmentation based on end-user

  • Transportation
  • Industrial

The transportation accounted for the largest biolubricants market share in the US in 2017. This segment will witness an increase in its market share and remain the market leader over the next five years.

Key highlights of the biolubricants market in the US for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the biolubricants market in the US during the next five years
  • Precise estimation of the biolubricants market size in the US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of biolubricants companies in the US

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY PRODUCT

  • Segmentation by product
  • Comparison by product
  • Plant-based – Market size and forecast 2017-2022
  • Animal-based – Market size and forecast 2017-2022
  • Market opportunity by product

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY END-USER

  • Segmentation by end-user
  • Comparison by end-user
  • Transportation – Market size and forecast 2017-2022
  • Industrial – Market size and forecast 2017-2022
  • Market opportunity by end-user

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Increase in R&D activities and production capacities
  • Increase in demand from the defense industry

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BP
  • Chevron
  • Exxon Mobil
  • FUCHS
  • Shell International
  • Total

PART 15: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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