For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
Biolubricants, also known as bio-based lubricants or bio-lubes, are made from a variety of vegetable oils, such as rapeseed, canola, sunflower, soybean, palm, and coconut oils.
Scope of the Report:
Currently, there are many producing companies in the world Biolubricants industry, especially in Europe and North America. The main market players are Exxon Mobil, Shell, British Petroleum, TOTAL, Chevron, etc. The sale of Biolubricants is about 560 K MT in 2015.
North America is the largest supplier of Biolubricants, with a production market share nearly 41.5% and sales market share nearly 42.5% in 2015. That is to say, there will be imports in North America, while North America also is the largest consumption region.
The second place is Europe; following North America with the production market share of 39.4% and the sales market share over 36%. Asia (Ex. China) is another important market of Biolubricants, enjoying 13% production market share and 13% sales market share.
Biolubricants is used in industrial use, commercial transport, and consumer automobile areas. Report data showed that 51.5% of the Biolubricants market demand in industrial use application, 10.7% in commercial transport application, and 37.8% in consumer automobile application in 2015.
There are two kinds of Biolubricants, which are vegetable oil and animal oil. Vegetable oil is wildly used in the Biolubricants, with a sales market share nearly 81% in 2015.
Briefly speaking, in the next few years, Biolubricants industry will still be a highly energetic industry. Sales of Biolubricants have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
The worldwide market for Biolubricants is expected to grow at a CAGR of roughly 5.6% over the next five years, will reach 3140 million US$ in 2024, from 2270 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Biolubricants in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Exxon Mobil
- British Petroleum.
- Renewable Lubricants
- Statoil Lubricants
- Binol Biolubricants
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Vegetable Oi
- Animal Oil
Market Segment by Applications, can be divided into
- Industrial Use
- Commercial Transport
- Consumer Automobile
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Biolubricants product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Biolubricants, with price, sales, revenue and global market share of Biolubricants in 2017 and 2018.
Chapter 3, the Biolubricants competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Biolubricants breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Biolubricants market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Biolubricants sales channel, distributors, customers, research findings and conclusion, appendix and data source.