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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:
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.
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 2023, from 2270 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- - Exxon Mobil
- - Shell
- - British Petroleum.
- - TOTAL
- - Chevron
- - Renewable Lubricants
- - Panolin
- - UBL
- - 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
There are 15 Chapters to deeply display the global Biolubricants market.
Chapter 1, to describe Biolubricants Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Biolubricants, with sales, revenue, and price of Biolubricants, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Biolubricants, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Biolubricants market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Biolubricants sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source