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BioLubricants Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

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Global bio-lubricants market is expected to grow over the forecast period owing to penetrating applications in automotive oils, process oils, hydraulic oils, de-molding oils, and chainsaw oils. Automotive oils finds application in automotive industr
Hexa Research Inc.
Industry Research,Custom Research & Consulting
BioLubricants Market Analysis, Market Size, Application
Analysis, Regional Outlook, Competitive Strategies And
Forecasts, 2014 To 2020
Global bio-lubricants market is expected to grow over the forecast period owing to penetrating
applications in automotive oils, process oils, hydraulic oils, de-molding oils, and chainsaw oils.
Automotive oils finds application in automotive industry. Growing automotive industry is likely to propel
the automotive oils market which in turn expected to drive the bio-based lubricant market over the
forecast period.
Hydraulic oils are used in heavy earth moving equipment including forklifts and excavators. Growing
hydraulic oils demand on account of increasing unearthing activity is expected to drive the market over
the foreseeable period. Hydraulic oils also find application in aircraft system to help it to perform
various functions easily. Increasing use of aircraft is further likely to fuel in market growth over the next
six years. Process oils are used in various industries including chemicals and technical. Rising process oils
demand in chemical industry is projected to drive the global bio-based lubricants market in near future.
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Bio-based lubricants posse’s properties including low maintenance, biodegradable, reduced emission,
constant viscosity, reduce pollution, and high flash point. Due to its wide range of properties, bio-based
lubricants also find application in compressor oils, industrial oils, and turbine oils. Industrial oil is used in
industries including aerospace, automotive, and energy. Growing need of industrial oil in major end-use
industries is anticipated to have positive impact on global bio-lubricants market over the forecast
period. Rising environmental concern coupled with increasing consumer awareness regarding bio-based
products is likely to offer an immense opportunity to the market participants over the foreseeable
period. Turbine oils are the major application segment of bio-lubricant oils. Increasing turbine oil
demand in hydro-energy plant is expected to have positive impact on bio-based lubricants market over
the next six years.
Bio-lubricants are derived from vegetable and animal oils. Vegetable oils are the major source of
producing bio-lubricants oils. Restriction over use of synthetic lubricants is further expected to drive the
global bio-lubricants market over the next six years. However, high extraction cost coupled with
compromised performance is expected to restrain the market growth over the foreseeable period. Biobased lubricants are far superior to petroleum based oils as they provide better lubrication, less smoke,
low risk of fire, better performance, and better thin film strength. This advantageous factor is likely to
fuel in market growth over the next six years.
North America was the leading bio-lubricants market, and is expected to rule the market over the next
six years. Stringent government regulation over the use of synthetic products in U.S. is expected to be
the major factor driving the bio-based lubricants market in near future. Europe was the second leading
bio-lubricants market. Growing automotive industry in Europe is likely to compel the market growth in
this region. Increasing environmental concern coupled with restriction over use of synthetic products is
further projected to drive the bio-lubricants market in Europe.
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Asia Pacific market is expected to experience high growth over the forecast period. Increasing
unearthing activity owing to growing building & construction market in emerging economy of India and
China is anticipated to have positive impact on bio-lubricants market in Asia Pacific. Growing automotive
industry in China is further expected to drive the bio-based lubricants market over the next six years.
Bio-based lubricants find application in commercial transportation as heavy duty motor oil and gear oil.
Increasing bio-lubricants consumption in transportation vehicle in Middle East and Africa is expected to
be the major factor driving market in this region.
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Global bio-lubricants or bio-lubes market is highly dominated by the top players. Bio-based products are
getting popularity and support from regulatory bodies. This trend is expected to create an opportunity
for the new entrants as well as existing players in the market. Some key players operating in the global
bio-lubricant oils market include Chevron, ExxonMobil, UBL, Shell, and Total S.A.
Table of Contents
Chapter 1 Executive Summary
1.1 Bio-Lubricants – Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Bio-lubricants Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Bio-Lubricants Value Chain Analysis
2.4 Bio-Lubricants Market Dynamics
2.5 Key Opportunities Prioritized
Chapter 3 Bio-Lubricants Raw Material Outlook
3.1 Vegetable Oil
3.2 Animal Oil
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Chapter 4 Bio-Lubricants Application Outlook
4.1 Automotive Oils
4.2 Hydraulic Oils
4.3 Process Oils
4.4 Demolding Oils
4.5 Lubricating Greases
Chapter 5 Bio-Lubricants End Use Outlook
5.1 Industrial Use
5.2 Commercial Transportation
5.3 Consumer Automotive
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Chapter 6 Bio-Lubricants Regional Outlook
6.1 North America
6.2 Europe
6.3 Asia Pacific
6.4 RoW
Chapter 7 Biolubricants Competitive Landscape
7.1 Total
7.2 ExxonMobil
7.3 Shell
7.4 Binol Biolubricants
7.5 Castrol
Chapter 8 Methodology & Scope
8.1 Research Methodology
8.2 Research Scope & Assumptions
8.3 List of Data Sources
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