US demand for lubricants will reverse recent declines, supported by a turnaround in motor vehicle production, an acceleration in the number of automobiles in use, and increased manufacturing output. Higher-quality Group II/II+ and Group III basestocks, as well as synthetic types, will increase their share of the market.
This study analyzes the 2.1 billion gallon US lubricant industry. It presents historical demand data for the years 1999, 2004 and 2009, with forecasts for 2014 and 2019 by base oil, product (e.g., engine oils, process oils, general industrial oils, transmission and hydraulic fluids, metalworking fluids) and market.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 35 industry players, including Shell, Exxon Mobil and Chevron.