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Marine lubricants refer to lubricating oil and lubricating grease that used in marine industry. The use of lubricants and lubricant parameters on ships is an important role managed by the main engine lube oil system. This consists of a pump that pressurizes the oil, circulating it through a set of filters and a cooler before distribution to all the moving components of the diesel engine.
Scope of the Report:
The international marine lubricants market has experienced unprecedented transformation in the last few years as changing environmental regulations, more demanding operating conditions, new engine technology, and clients' resulting need for greater support have converged to dramatically alter the context in which lubricant manufacturers and marketers compete. At the same time the shipping industry is in a period of uncertainty as economic recovery remains elusive and shipping rates for some segments depressed.
Global marine cylinder oil market size is expected to register growth at over 2.6% and exceed 1246 K MT till 2023. The marine cylinder oil market is a very concentrated market; the revenue of top ten manufacturers accounts about 90% of the total revenue in 2017. The high-end products mainly come from Europe and USA.
Modernization and maintenance of sea transportation projects has led to the increasing demand for marine cylinder oil. Increasing sea transportation projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the marine cylinder oil market during the forecast period.
With increased focus on sea transportation, the marine cylinder oil market is likely to witness a growth in coming years.
The worldwide market for Marine Cylinder Oil is expected to grow at a CAGR of roughly 2.4% over the next five years, will reach 2890 million US$ in 2024, from 2510 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Marine Cylinder Oil 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
- JX Nippon
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
- High-BN (70-100 BN)
- Low-BN (15-60 BN)
Market Segment by Applications, can be divided into
- Deep Sea
- Inland and Coastal
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Marine Cylinder Oil product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Marine Cylinder Oil, with price, sales, revenue and global market share of Marine Cylinder Oil in 2017 and 2018.
Chapter 3, the Marine Cylinder Oil competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Marine Cylinder Oil 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, Marine Cylinder Oil market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Marine Cylinder Oil sales channel, distributors, customers, research findings and conclusion, appendix and data source.