World demand for lubricants will rise 2.6 percent annually through 2015. Asia will remain the fastest growing region, followed by the Africa/Mideast region and Central/South America. Manufacturing and other markets will outpace the motor vehicle aftermarket. Hydraulic fluids and process oils will be the fastest growing products.
This study analyzes the 37 million metric ton world lubricant industry. It presents historical demand data for the years 2000, 2005 and 2010, and forecasts for 2015 and 2020 by formulation (e.g., petroleum, synthetic, re-refined), product (e.g., engine oils, process oils, hydraulic fluids, metalworking fluids), market (e.g., motor vehicle aftermarket, manufacturing), world region and for 31 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 35 industry players, including Shell, Exxon Mobil and BP.