This report provides detailed analysis of worldwide markets for Industrial Lubricant from 2011-2016, and provides extensive market forecasts (2016-2021) by region/country and subsectors. It covers the key technological and market trends in the Industrial Lubricant market and further lays out an analysis of the factors influencing the supply/demand for Industrial Lubricant, and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the value chain and to the new entrants by enabling them to capitalize the opportunities and develop business strategies.
A lubricant is a substance introduced to reduce friction between surfaces in mutual contact, which ultimately reduces the heat generated when the surfaces move. It may also have the function of transmitting forces, transporting foreign particles, or heating or cooling the surfaces. The property of reducing friction is known as lubricity. In addition to industrial applications, lubricants are used for many other purposes. Other uses include cooking (oils and fats in use in frying pans, in baking to prevent food sticking), bio-medical applications on humans (e.g. lubricants for artificial joints), ultrasound examination, medical examinations, and the use of personal lubricant for sexual purposes.
GCC's report, Global Industrial Lubricant Market Outlook 2016-2021, has been prepared based on the synthesis, analysis, and interpretation of information about the global Industrial Lubricant market collected from specialized sources. The report covers key technological developments in the recent times and profiles leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global Industrial Lubricant market areShell (Netherlands), Exxon Mobil (USA), Chevron (USA), TOTAL (France), BP (UK), Fuchs (Germany), CNPC (China), SINOPEC (China).
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The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World. In this sector, global competitive landscape and supply/demand pattern of Industrial Lubricant industry has been provided.
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