Lubricants Market for Mining and Quarry Applications Market Analysis North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Size and Forecast 2023-2027

Published: Sep 2023 Pages: 180 SKU: IRTNTR45434

Lubricants Market for Mining and Quarry Applications Market 2023-2027

The lubricants market for mining and quarry applications market size is estimated to grow at a CAGR of 5.26% between 2023 and 2027. The market size is forecast to increase by USD 660.59 million. The growth of the market depends on several factors such as the adoption of smart mining equipment, the increased implementation of automatic lubrication systems, and the growing demand for cobalt owing to the increasing adoption of electric vehicles.

This lubricants market for mining and quarry applications market report extensively covers market segmentation by application (coal mining, iron ore mining, rare earth mineral mining, bauxite mining, and others), product type (mineral oil lubricants, synthetic oil lubricants, and bio-based lubricants), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Lubricants Market For Mining And Quarry Applications Market During the Forecast Period?

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Lubricants Market For Mining And Quarry Applications Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Lubricants Market For Mining And Quarry Applications Market Driver

The adoption of smart mining equipment is driving growth in the lubricants market for the mining and quarry application market. Mining and quarrying equipment includes crushing and screening equipment, mining trucks, mining drills, tunneling and rock drilling equipment, motor graders, large wheel loaders, draglines, etc.  To improve the efficiency of their operations, these facilities have undergone a number of technological developments.

However, the rising advancement in mining equipment has increased their adoption to achieve better outputs, safety, and precaution and reduce the number of workers as part of cost-cutting. The demand for lubricant to keep mining equipment in good working condition has therefore risen. This, in turn, will drive the growth of the market in focus during the forecast period.

Key Lubricants Market For Mining And Quarry Applications Market Trends

The shifting of mining activities to emerging economies is a key trend in the lubricants market for the mining and quarry application market. As emerging economies continue to grow, their economy and GDPs are growing more than in advanced economies, and mining activity is beginning to shift toward them. Countries such as India, Brazil, South Africa, Indonesia, Mexico, and Kazakhstan have seen an increase in mining activities. 

Moreover, India is emerging as one of the major producers of key industrial ores and minerals, whether it is fuel-based, metallic-based, non-metallic-based, or atomic or minor minerals.  The country's need for additional minerals is being driven by energy demand and the growth of the manufacturing sector. With these developments, the mining sector is shifting toward emerging economies of Asia, Southeast Asia, Latin America, and Africa.

Key Lubricants Market For Mining And Quarry Applications Market Challenge

The strong growth in renewable energy generation is a major challenge in the lubricants market for the mining and quarry application market.  With less fossil fuels in the world, more use of renewables and energy efficiency is being made. This increasing competitiveness of renewable energy such as wind, solar, hydro, nuclear, and biomass is expected to undermine the attractiveness of investments in coal, thereby reducing the demand for lubricants used in the mining of coal.  

Moreover, with growing concerns about climate change, environmental degradation, and the health risks associated with coal use, countries are increasingly turning to renewables. The rising inclination of countries towards renewable sources of energy to reduce greenhouse gas (GHG) emissions and the growing global renewable energy capacity are expected to hamper the growth of the coal mining industry, thereby reducing the demand for mining equipment. This will negatively impact the global lubricants market for mining and quarry applications during the forecast period.

Lubricants Market For Mining And Quarry Applications Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Lubricants Market for Mining and Quarry Applications Market Customer Landscape

Who are the Major Lubricants Market for Mining and Quarry Applications Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

BP Plc- The company offers lubricants that provide high-performance gear oils that protect against wear, prolong gear life, and help deliver optimum gear performance.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Berkshire Hathaway Inc.
  • Busler Enterprises Inc.
  • Chevron Corp.
  • CSW Industrials Inc.
  • D A Lubricant Co.
  • Eurol BV
  • Exxon Mobil Corp.
  • FUCHS PETROLUB SE
  • Lubrication Engineers Inc.
  • Lubriplate Lubricants Co.
  • Quaker Chemical Corp.
  • Rymax BV
  • Schaeffer Manufacturing Co.
  • Shell plc

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segment in the Lubricants Market For Mining And Quarry Applications Market?

The coal mining segments are estimated to witness significant growth during the forecast period. In recent years, the market at issue has undergone a dynamic shift, particularly in the area of coal mining. Traditionally, lubricants were actively used in coal mining for a variety of applications ranging from preserving the operation of heavy machinery such as draglines and conveyor systems to safeguarding crucial components in underground mining equipment.

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The coal mining segment was the largest segment and was valued at USD 1,092.07 million in 2017.  The rising demand for metals and minerals in infrastructure development and renewable energy projects has maintained the market in focus, the business environment is always changing, providing opportunities for growth and new ideas. Hence, the demand for lubricants is expected to increase from the coal mining segment, and hence, the market in focus is expected to witness growth during the forecast period.

Which are the Key Regions for the Lubricants Market For Mining And Quarry Applications Market?

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APAC is estimated to contribute 57% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The regional market is mainly driven by the huge requirement for energy and infrastructure development that necessitate the use of metals and energy minerals due to major developing economies such as India, China, Indonesia, and the Philippines are part of this region. 

Moreover, the rapid growth of several industries, such as construction, automotive, and technology, has resulted in high demand for ferrous and non-ferrous metals, such as steel, aluminum, and copper, in the country. Coal consumption in the APAC region is estimated to grow at a consistent rate, driven primarily by energy generation from coal power plants. The increasing demand for coal in APAC is driving coal mining activities in countries such as China and India, where the population is growing at a rapid rate is driving the demand for mining equipment in APAC, thereby boosting the growth of the regional lubricants market for mining and quarry applications.

The COVID-19 pandemic had a significant impact on the regional market in 2020. However, the regional market showed signs of a recovery in 2021, with the launch of COVID-19 vaccination and economic recovery measures. Increased infrastructure developments, particularly in developing economies such as India and China, increased mining and quarrying activity, driving up demand for lubricants. A rebound in mining investment is one of the factors responsible for the growth of the regional market, and the use of improved lubricating technologies for increased equipment efficiency. These factors will help the growth of the regional market during the forecast period.

Segment Overview

The lubricants market for mining and quarry applications market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Coal mining
    • Iron ore mining
    • Rare earth mineral mining
    • Bauxite mining
    • Others
  • Product Type Outlook (USD Million, 2017 - 2027)
    • Mineral oil lubricants
    • Synthetic oil lubricants
    • Bio-based lubricants
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • Th U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Argentina
      • Brazil

Lubricants Market For Mining And Quarry Applications Market Scope

Report Coverage

Details

Page number

180

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.26%

Market growth 2023-2027

USD 660.59 million

Market structure

Fragmented

YoY growth 2022-2023(%)

4.17

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 57%

Key countries

US, China, India, Russia, and Brazil

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Berkshire Hathaway Inc., BP Plc, Busler Enterprises Inc., Chevron Corp., CSW Industrials Inc., D A Lubricant Co., Eurol BV, Exxon Mobil Corp., FUCHS PETROLUB SE, Lubrication Engineers Inc., Lubriplate Lubricants Co., Quaker Chemical Corp., Rymax BV, Schaeffer Manufacturing Co., Shell plc, Sinopec Shanghai Petrochemical Co. Ltd., TotalEnergies SE, Valvoline Inc., San Miguel Corp., and Lucas Oil Products Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Lubricants Market For Mining And Quarry Applications Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global lubricants market for mining and quarry applications 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global lubricants market for mining and quarry applications 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Product Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Coal mining - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Coal mining - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Coal mining - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Coal mining - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Coal mining - Year-over-year growth 2022-2027 (%)
    • 6.4 Iron ore mining - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Iron ore mining - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Iron ore mining - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Iron ore mining - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Iron ore mining - Year-over-year growth 2022-2027 (%)
    • 6.5 Rare earth mineral mining - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Rare earth mineral mining - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Rare earth mineral mining - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Rare earth mineral mining - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Rare earth mineral mining - Year-over-year growth 2022-2027 (%)
    • 6.6 Bauxite mining - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Bauxite mining - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Bauxite mining - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Bauxite mining - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Bauxite mining - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ million)
      • Exhibit 55: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Product Type

    • 7.1 Market segments
      • Exhibit 56: Chart on Product Type - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Product Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Product Type
      • Exhibit 58: Chart on Comparison by Product Type
      • Exhibit 59: Data Table on Comparison by Product Type
    • 7.3 Mineral oil lubricants - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Mineral oil lubricants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Mineral oil lubricants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Mineral oil lubricants - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Mineral oil lubricants - Year-over-year growth 2022-2027 (%)
    • 7.4 Synthetic oil lubricants - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Synthetic oil lubricants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Synthetic oil lubricants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Synthetic oil lubricants - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Synthetic oil lubricants - Year-over-year growth 2022-2027 (%)
    • 7.5 Bio-based lubricants - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Bio-based lubricants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Bio-based lubricants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Bio-based lubricants - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Bio-based lubricants - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Product Type
      • Exhibit 72: Market opportunity by Product Type ($ million)
      • Exhibit 73: Data Table on Market opportunity by Product Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 India - Market size and forecast 2022-2027
      • Exhibit 107: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.11 Russia - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Russia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Russia - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Russia - Year-over-year growth 2022-2027 (%)
    • 9.12 Brazil - Market size and forecast 2022-2027
      • Exhibit 115: Chart on Brazil - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on Brazil - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on Brazil - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on Brazil - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ million)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 BP Plc
              • Exhibit 127: BP Plc - Overview
              • Exhibit 128: BP Plc - Business segments
              • Exhibit 129: BP Plc - Key news
              • Exhibit 130: BP Plc - Key offerings
              • Exhibit 131: BP Plc - Segment focus
            • 12.4 Busler Enterprises Inc.
              • Exhibit 132: Busler Enterprises Inc. - Overview
              • Exhibit 133: Busler Enterprises Inc. - Product / Service
              • Exhibit 134: Busler Enterprises Inc. - Key offerings
            • 12.5 Chevron Corp.
              • Exhibit 135: Chevron Corp. - Overview
              • Exhibit 136: Chevron Corp. - Business segments
              • Exhibit 137: Chevron Corp. - Key news
              • Exhibit 138: Chevron Corp. - Key offerings
              • Exhibit 139: Chevron Corp. - Segment focus
            • 12.6 CSW Industrials Inc.
              • Exhibit 140: CSW Industrials Inc. - Overview
              • Exhibit 141: CSW Industrials Inc. - Business segments
              • Exhibit 142: CSW Industrials Inc. - Key offerings
              • Exhibit 143: CSW Industrials Inc. - Segment focus
            • 12.7 Eurol BV
              • Exhibit 144: Eurol BV - Overview
              • Exhibit 145: Eurol BV - Product / Service
              • Exhibit 146: Eurol BV - Key offerings
            • 12.8 Exxon Mobil Corp.
              • Exhibit 147: Exxon Mobil Corp. - Overview
              • Exhibit 148: Exxon Mobil Corp. - Business segments
              • Exhibit 149: Exxon Mobil Corp. - Key news
              • Exhibit 150: Exxon Mobil Corp. - Key offerings
              • Exhibit 151: Exxon Mobil Corp. - Segment focus
            • 12.9 FUCHS PETROLUB SE
              • Exhibit 152: FUCHS PETROLUB SE - Overview
              • Exhibit 153: FUCHS PETROLUB SE - Business segments
              • Exhibit 154: FUCHS PETROLUB SE - Key news
              • Exhibit 155: FUCHS PETROLUB SE - Key offerings
              • Exhibit 156: FUCHS PETROLUB SE - Segment focus
            • 12.10 Lubrication Engineers Inc.
              • Exhibit 157: Lubrication Engineers Inc. - Overview
              • Exhibit 158: Lubrication Engineers Inc. - Product / Service
              • Exhibit 159: Lubrication Engineers Inc. - Key offerings
            • 12.11 Lubriplate Lubricants Co.
              • Exhibit 160: Lubriplate Lubricants Co. - Overview
              • Exhibit 161: Lubriplate Lubricants Co. - Product / Service
              • Exhibit 162: Lubriplate Lubricants Co. - Key offerings
            • 12.12 Lucas Oil Products Inc.
              • Exhibit 163: Lucas Oil Products Inc. - Overview
              • Exhibit 164: Lucas Oil Products Inc. - Product / Service
              • Exhibit 165: Lucas Oil Products Inc. - Key offerings
            • 12.13 Quaker Chemical Corp.
              • Exhibit 166: Quaker Chemical Corp. - Overview
              • Exhibit 167: Quaker Chemical Corp. - Business segments
              • Exhibit 168: Quaker Chemical Corp. - Key offerings
              • Exhibit 169: Quaker Chemical Corp. - Segment focus
            • 12.14 San Miguel Corp.
              • Exhibit 170: San Miguel Corp. - Overview
              • Exhibit 171: San Miguel Corp. - Business segments
              • Exhibit 172: San Miguel Corp. - Key offerings
              • Exhibit 173: San Miguel Corp. - Segment focus
            • 12.15 Shell plc
              • Exhibit 174: Shell plc - Overview
              • Exhibit 175: Shell plc - Business segments
              • Exhibit 176: Shell plc - Key offerings
              • Exhibit 177: Shell plc - Segment focus
            • 12.16 TotalEnergies SE
              • Exhibit 178: TotalEnergies SE - Overview
              • Exhibit 179: TotalEnergies SE - Business segments
              • Exhibit 180: TotalEnergies SE - Key news
              • Exhibit 181: TotalEnergies SE - Key offerings
              • Exhibit 182: TotalEnergies SE - Segment focus
            • 12.17 Valvoline Inc.
              • Exhibit 183: Valvoline Inc. - Overview
              • Exhibit 184: Valvoline Inc. - Business segments
              • Exhibit 185: Valvoline Inc. - Key offerings
              • Exhibit 186: Valvoline Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 187: Inclusions checklist
                • Exhibit 188: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 189: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 190: Research methodology
                • Exhibit 191: Validation techniques employed for market sizing
                • Exhibit 192: Information sources
              • 13.5 List of abbreviations
                • Exhibit 193: 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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