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In this report,Europe Lubricant Market will reach 11543 Million USD by the end of 2022 with a CAGR of -0.60%
The Europe Lubricant market was valued at 11893 Million USD in 2017 and will reach 11543 Million USD by the end of 2022, growing at a CAGR of -0.60% during 2017-2022.
Lubricant is a substance introduced to reduce friction between moving surfaces. It may also have the function of transporting foreign particles. The property of reducing friction is known as lubricity (or slipperiness). Lubricant as its name implies have to perform in various applications like automotive, industrial, marine and others.
Lubricant can be divided into three categories: Mineral Lubricant type, Synthetic Lubricant type and Semi-synthetic Lubricant type. Mineral Lubricant type accounted for the highest proportion in Europe sales market, with a figure of 72.84% in 2017, followed by Synthetic Lubricant type, account for 15.89% and Semi-synthetic Lubricant type account for 11.26%.
Mineral Lubricant is the major product of lubricant with market share over 73% in 2016. And the largest application is industries use, while it included a large amount of applications like meatal working fluid.
According to our research and analysis, Russia is the largest consumption market in Europe with market share over 29% with a large amount of industries. Followed Russia, Germany is the second place with market share of 17%.
In Europe, the main manufacturers of lubricant are Total, Shell, BP, ExxonMobil and Lukoil. In fact, the top 5 manufacturers occupied market share about 79%.
Geographically, this report split Europe into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Lubricant for these regions, from 2014 to 2026 (forecast), including
- Germany
- UK
- France
- Russia
- Benelux
- Italy
- Spain
Europe Lubricant market competition by top manufacturers/players, with Lubricant sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including
- Total
- Shell
- BP
- ExxonMobil
- Lukoil
- FUCHS
- Chevron
On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into
- Semi-synthetic Lubricant
- Synthetic Lubricant
- Mineral Lubricant
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K Units), market share and growth rate of Lubricant for each application, including
- Automotive
- Industrial
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