Outlook on the Construction Lubricants Global Market to 2027 - 48 Companies Featured Including British Petroleum, Chevron and ExxonMobil Among Others - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 21, 2021--
The “Construction Lubricants - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Construction Lubricants, estimated at US$13.2 Billion in the year 2020, is projected to reach a revised size of US$17.7 Billion by 2027, growing at a CAGR of 4.3% over the period 2020-2027.
Mineral Oil, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$11.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Synthetic Oil segment is readjusted to a revised 3.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 6.9% CAGR
The Construction Lubricants market in the U.S. is estimated at US$3.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.6 Billion by the year 2027 trailing a CAGR of 6.9% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.
Select Competitors (Total 48 Featured):
- Addinol Lube Oil GmbH
- Bel-Ray Company LLC.
- British Petroleum (BP)
- Chevron Corporation
- ENI SPA
- Fuchs Petrolub SE
- Indian Oil Corporation
- Liqui Moly GmbH
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- UNITED KINGDOM
- REST OF EUROPE
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- REST OF LATIN AMERICA
- MIDDLE EAST
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- Total Companies Profiled: 48
For more information about this report visit https://www.researchandmarkets.com/r/qovfv3
View source version on businesswire.com:https://www.businesswire.com/news/home/20210521005311/en/
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INDUSTRY KEYWORD: CHEMICALS/PLASTICS RESIDENTIAL BUILDING & REAL ESTATE MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY BUILDING SYSTEMS
SOURCE: Research and Markets
Copyright Business Wire 2021.
PUB: 05/21/2021 09:55 AM/DISC: 05/21/2021 09:55 AM