On the basis of product, industrial lubricants market has been segmented into process oils, general oils, metalworking fluids, engine oils and others. Process oils is estimated to hold more than 20% share in the industrial lubricants market in 2017. Processed industrial lubricant is a special category of oil which finds wide application scope in a range of chemical as well as technical industries.
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On the basis of application, global industrial lubricants market has been segmented into metalworking, textile, energy, chemical manufacturing, food processing, hydraulic and others. Chemical manufacturing will be the largest application area for industrial lubricants market, during the forecast period.
Asia-Pacific is estimated to hold the largest share in the industrial lubricants market in 2017. The Asia-Pacific region is expected to be the fastest growing industrial lubricants market during the forecast period owing to high growth in the oil market, burgeoning population, rapid industrialization, and urbanization, coupled with strong growth in major end-use industries such as food processing, textiles, chemicals, and metalworking.
Access Report Summary at : https://www.psmarketresearch.com/market-analysis/industrial-lubricants-marketSome of the major players operating in the global industrial lubricants industry are ExxonMobil Corp., Fuchs Group, The Lubrizol Corporation, Royal Dutch Shell, Phillips 66, Lucas Oil Products, Inc., Amsoil, Inc., Bel-Ray Co., Inc., Total S.A., Kluber Lubrication, Valvoline International, Inc., Chevron Corp., Clariant, Quaker Chemical Corp., Zeller+Gmelin GmbH & Co. KG, Houghton International.
GLOBAL INDUSTRIAL LUBRICANTS MARKET, BY GEOGRAPHY
North America Industrial Lubricants Market
- By Product
- By Application
- By Country – U.S., Canada and Mexico
- By Product
- By Application
- By Country – Germany, U.K., and France
- By Product
- By Application
- By Country – China, India, Japan, South East Asia
- By Product
- By Application
- By Country – United Arab Emirates (U.A.E.)
- By Product
- By Application
- By Country – Brazil
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