Global demand for lubricants will reach 41.8 million metric tons in 2010. Gains will by driven by increasing motor vehicle ownership and use and growth in manufacturing activity. Engine oils will continue to claim over half of demand, while process oils will grow the fastest. Manufacturing markets will lead gains.
This study analyzes the $35.7 billion world lubricant industry. It presents historical demand data for 1995, 2000 and 2005 and forecasts to 2010 and 2015 by lubricant formulation (e.g., petroleum, synthetic, re-refined, vegetable-based), by product (e.g., engine oils, process oils, hydraulic fluids, metalworking fluids), by market (e.g., motor vehicle aftermarket, manufacturing), by world region and for 31 major countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 32 major players including Shell, Exxon Mobil, BP, Chevron, PetroChina, Total, Sinopec, and Lukoil.