The Global Bio-Lubricant Market is expected to reach USD 3.60 billion by 2025, from USD 2.4 Billion in 2017 growing at a CAGR of 6.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Bio-Lubricant Market, By Type (Vegetable Oil, Animal Fat), Application (Hydraulic Fluids, Metalworking Fluids, Chainsaw Oils, Mold Release Agents), End User (Industrial Commercial Transport, Consumer Automobile), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
Complete report on Global Bio-Lubricant Market Research Report 2018-2025 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Bio-Lubricant Market
Bio-lubricants are derived from animal fats, rapeseed oil, sunflower oil and others. Due to its biodegradable nature, bio-lubricants are in high demand. Bio lubricants are non-toxic, environmental friendly and can be reused. But the conventional petroleum based lubricant is hazardous to the ecological system. With the increasing demand for vegetable oils, their production is also growing higher. According to Statista ,the yearly production of vegetable oil increased from 56 million metric tons in 1980 to 100 metric tons by 2000 across the globe. It is projected to reach 300 metric tons by 2025. In 2004, 37.4 million tons of lubricants were consumed worldwide (53 % automotive lubricants, 32 % industrial lubricants, including related specialties, 5 % marine oils, and 10 % process oils). Out of total industrial lubricants, 37 % were hydraulic oils, 7 % industrial gear oils, 31 % other industrial oils, 16% metalworking fluids (including temporary corrosion preventives whose multipurpose function often includes lubrication), and 9 % greases.
Key Questions Answered in Global Bio-Lubricant Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Bio-Lubricant Market in 2025?
- What are the key factors driving, Analysis by Applications and Countries Global Bio-Lubricant Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Bio-Lubricant Market?
- Who are Opportunities, Risk and Driving Force of Global Bio-Lubricant Market?
- Who are the opportunities and threats faced by the vendors in Global Bio-Lubricant Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Bio-Lubricant Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- United Bio Lube
- Soyatech LLC
- Renewable Lubricants Inc.
- Nio-based Lubricants LLC
- Kluber Lubrication
- Panolin AG
- BP PLC
- Emery Oleo chemicals
- Royal Dutch Shel
- Aarhuskarlshamn AB
- Albemarle Corp
- Benjn R. Vickers & Sons Ltd
- Biosynthetic Technologies
- Carl Bechem GmbH
- Chevron Corp
- Clarion Lubricants
- Desilube Technology
- DSI Venture.
Key Reasons to Purchase:
- To gain insightful analyses of the market and have comprehensive understanding of the Global Bio-Lubricant Market and its commercial landscape.
- Assess the Bio-Lubricant production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the Bio-Lubricant Market and its impact in the Global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for Global Bio-Lubricant Market.
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- Rising environmental concern.
- Stringent regulation over the use of conventional lubricants in developed countries.
- Increasing use of bio based lubricants derived from renewable resources is also due to their low toxicity, high biodegradability.
- Fluctuations in mineral oil prices.
- High cost of production.
- High viscosity at low temperature
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global bio-lubricant market
- Analyze and forecast the bio-lubricant market on the basis of type, application, end user industry.
- Trends of key regional and country-level markets for type, application, end user industry.
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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Customize report of “Global Bio-Lubricant Market” as per customers requirement also available.
Global Bio-Lubricant Market is segmented on the basis of
- End-User Industry
Market Segmentations in Details:
- Vegetable Oil
- Animal Fats
- Hydraulic Fluids
- Metalworking Fluids
- Chainsaw Oils
- Mold Release Agents
- Two-Cycle Engine Oils
- Gear Oils
By End-User Industry
- Commercial Transport
- Consumer Automobile
- South Korea
- Rest of Asia-Pacific
- Rest of Europe
- Rest of south America
Middle East & Africa
- South Africa
- Rest of MEA
Competitive Landscape: Global Bio-Lubricant Market
The global bio-lubricant market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Bio-Lubricant Market for global, Europe, North America, APAC, South America and Middle East & Africa.
According to Soyatech LLC media report, AgTech Nexus USA, a two-day conference where agribusinesses, investors, tech companies and other stakeholders will be immersed in the innovations and investment opportunities surrounding this exciting sector was held on June 6-7, 2018 in Boston.
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