#Independent Lubricant Manufacturers Market Size

[tamanna31]

Lubricants Market Dynamics, Top Manufacturers Analysis, Trend And Demand, Forecast To 2030

Lubricants Industry Overview

The global lubricants market size was estimated at USD 139.44 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2030.

This is attributed to the growing demand for automotive oils and greases due to the growing trade of vehicles and spare parts. Lubricants are an essential part of rapidly expanding industries. They are used between two relatively moving machinery parts to reduce friction and wear & tear. They can be either petroleum-based or water-based and are essential for proper machinery functioning. Lubricants also decrease operational downtime and eventually increase overall productivity. Lubricants are extensively used in processing industries and automobile parts, especially brakes and engines, which need lubrication for continuous smooth functioning.

Gather more insights about the market drivers, restrains and growth of the Lubricants Market

The increasing imports and exports of piston engine lubricants are contributing to market growth. The product demand is driven by the rising focus of consumers on enhancing vehicle performance coupled with the introduction of innovative & premium product offerings. Future growth will be highly dependent on motor vehicle production and the miles covered by each vehicle. Furthermore, consumers are looking for standard and specialized lubricants for their regular vehicles to ensure the smooth functioning of their vehicles and reduce long-term maintenance costs.

Lubricant manufacturing requires crude oil, tight oil, and other additives to formulate all lubricant types. There are multiple additives incorporated in lubricants to enhance their functionality and properties. These include antioxidants, extreme pressure additives, rust- & corrosion-prevention additives, detergents, viscosity index improvers, anti-wear agents, and dispersants. Lubricants are 90% base oil and 10% additives, wherein base oils include petrochemical fractions, such as fluorocarbons, esters, polyolefin, and silicones. Base oils increase the viscosity of the lubricants and reduce wear & tear. Paraffinic and naphthenic are the two essential base oils used in lubricant formulations.

Browse through Grand View Research's Petrochemicals Industry Research Reports.

• The global naphtha market size was valued at USD 189.5 billion in 2023 and is projected to grow at a CAGR of 4.3% from 2024 to 2030.

• The global diesel exhaust fluid market size was valued at USD 36.66 billion in 2023 and is projected to grow at a CAGR of 7.9% from 2024 to 2030.

Key Lubricants Company Insights

The global lubricants market is competitive with a large number of well diversified regional, and independent small scale and large scale manufacturers and suppliers. The small-scale companies majorly compete on the basis of price, after sales service and delivery timelines. Whereas the large scale companies focus on product development and innovations as well as marketing strategies.

Some of the key players operating in the market include Exxon Mobil Corp, Shell, and TotalEnergies

ExxonMobil Corp. is a global manufacturer & supplier of synthetic lubricants. The company mainly deals in three business segments that include upstream (oil & gas, E&P, shipping and wholesale operations), downstream (refining, marketing and retail operations) and chemicals. ExxonMobil owns 37 oil refineries in 21 countries with refining capacity of 6.3 million barrels per day.

Shell is a global leader as a group of petrochemical and energy companies, with presence across 70 countries and over 90,000 employees. The group provides fuels, car services, oils, and is also engaged in production, exploration, and refining of petroleum products. The group offers lubricants for industrial and transport businesses along with lubrication process and services.

Total Energies. is oil & gas integrated company. The company has its business segments in upstream, refining & specialty chemicals, and marketing & services. Total Oil India Private Ltd. is an entirely owned subsidiary of TOTAL. It has exploration and production activities in more than 50 countries. The company has a broad catalogue of lubricants for various markets such as agriculture, vehicles, aviation, energy, and chemicals, among others.

Key Lubricants Companies:

The following are the leading companies in the lubricants market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these lubricants companies are analyzed to map the supply network.

ExxonMobil Corp.

Royal Dutch Shell Co.

BP PLC.

Total Energies

Chevron Corp.

Fuchs

Castrol India Ltd.

Amsoil Inc.

JX Nippon Oil & Gas Exploration Corp.

Philips 66 Company

Valvoline LLC

PetroChina Company Ltd.

China Petrochemical Corp.

Idemitsu Kosan Co. Ltd.

Lukoil

Petrobras

Petronas Lubricant International

Quaker Chemical Corp.

PetroFer Chemie

Buhmwoo Chemical Co. Ltd.

Zeller Gmelin Gmbh & Co. KG

Blaser Swisslube Inc

Recent Developments

In January 2024, Shell U.K. Limited acquired MIDEL and MIVOLT from M&I Materials Ltd. The products of the latter two will be produced and distributed as part of Shell’s Lubricants portfolio. The acquisition will help Shell to strengthen its position in Transformer Oils, which finds use in offshore wind parks, utility companies, and power distribution.

From September 2023, TotalEnergies Lubrifiants accelerated the inclusion of recycled plastics (50% PCR high-density polyethylene) in its lubricants bottles, following a pilot project launched in 2021 called Quartz Xtra bottles. This aims at contributing to a circular economy and in decline of usage of virgin plastic.

In March 2023, ExxonMobil announced investing around INR 900 crore (~USD 110 million) for constructing a lubricants production plant in Raigad, Maharashtra, India. Upon completion, plant’s annual production capacity is expected to be 159,000 kl of finished lubricants. This plant will cater to growing demand from industries such as mining, construction, power, steel, and manufacturing, among others.

Order a free sample PDF of the Lubricants Market Intelligence Study, published by Grand View Research.

[trendingreportz]

Artificial Graphite Market - Forecast(2024 - 2030)

Overview

The artificial graphite market size is forecast to reach USD 9 billion by 2030, after growing at a CAGR of 12.83% during the forecast period 2023-2028. The demand for artificial graphite has been increasing rapidly as it is primarily used in the production of electrodes and electrolytic processes, carbon brushes, and batteries. due to the increased production of electric vehicles, batteries are one of the most popular applications for artificial graphite today. batteries for electric vehicles employ artificial graphite to boost energy density and faster charging. this has been increasing the demand for artificial graphite. the market expansion of artificial graphite is primarily driven by the automotive sector's robust growth. due to its lightweight, high mechanical strength, and lubricating properties, artificial graphite is widely utilized in the production of automotive parts such as brake lining, clutch materials, and gaskets. it is also a perfect asbestos replacement because it is a great conductor of electricity. as a result, market growth is being driven by the rising demand for artificial graphite from the automotive industry.

Report Coverage

The report “Artificial Graphite Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the artificial graphite market.

By Product Type: Graphite Electrodes, Graphite Anodes, Graphite Block, and Others.

By Type: Electrographite, Synthetic Graphite.

By Form: Primary Synthetic, Secondary Synthetic.

By Application: Anticorrosion Products, Batteries, Carbon Brushes, Coatings, Conductive Fillers, Electrodes and Electrolytic Processes, Fuel Cell Bipolar Plates, and Nuclear Moderator Rods.

By End Use Industry: Automotive, Metallurgy, Solar, Electronics, Nuclear, Aerospace, and Others.

By Geography:  North America, South America, Europe, APAC, and RoW.

Request Sample

Key Takeaways

APAC held the largest market share with 52.50% in 2023. with more than 50% of the market's total volume coming from the Asia-pacific region, China was the area's largest consumer. China is the primary focus of the entire lithium-ion battery production process. China is by far the biggest and fastest-growing market for lithium-ion batteries, which is boosting demand for artificial graphite.

The high demand for batteries and other electrical gadgets coming from European countries will fuel the graphite market. the developed automotive industries in Germany, the UK, and other nations are currently concentrating on developing electric vehicles (EVs) that are powered by lithium-ion batteries. Europe wants to lead the way in next-generation batteries as a way to demonstrate technological independence. SGL Carbon from Germany and Carbon Savoie from France have been gathered into a significant battery partnership that Brussels will launch in 2020.

North America, Africa, and South America are anticipated to see significant market expansion due to their developing industrial economies and improved economic conditions for end-user industries like automotive, metallurgy, solar, electronics, and others.

By Product Type - Segment Analysis

Graphite anodes dominated the artificial graphite market in 2023. since the invention of lithium-ion batteries, graphite has dominated anode materials due to its unmatched combination of low cost, abundance, high energy density, high power density, and extremely long cycle life. graphite is an ideal anode. recent studies show that graphite's lithium storage capacity can be further enhanced, highlighting the material's significant potential for use in advanced libs for electric vehicles and grid-scale energy storage facilities. according to the most recent data from the China association of automobile manufacturers, China’s Nev output climbed by 167.40% from January to November 2021 to 3.02 million units, while total sales increased by 166.80% compared to the first 11 months of 2020 to 2.99 million units (CAAM).

By Type - Segment Analysis

Synthetic graphite dominated the artificial graphite market in 2023. high-purity carbon makes up synthetic graphite, which is prized for its resistance to corrosion and extreme temperatures. a few extremely niche sectors heavily rely on synthetic graphite. due to its use in lucrative industries with increasing demand, synthetic graphite is attractive to investors. but before exploring the area, it's critical to comprehend the subtleties of synthetic graphite and some common misconceptions about it. because synthetic graphite has a purer carbon composition and exhibits more predictable behavior, it has found applications in solar energy storage and arc furnaces. given that the process requires a large amount of energy, synthetic graphite can be significantly more expensive to make than natural graphite. the price can be double or triple what raw graphite is typically sold for.

Inquiry Before Buying

By Form - Segment Analysis

Secondary synthetic graphite dominated the artificial graphite market in 2023. electrodes used in heavy industry and manufacturing result in the production of secondary synthetic graphite as a by-product. secondary synthetic graphite, which is frequently produced as a powder, is another byproduct of the production of synthetic graphite. it is regarded as a low-cost version of graphite, and in some applications, such as brake linings and lubricants, it can compete with natural graphite.

By Application - Segment Analysis

Electrodes and electrolytic processes dominated the artificial graphite market in 2023. because graphite is such a good conductor, graphite electrodes are typically used in electrolysis. because of the way that its atoms are organized, graphite has a lot of free-floating electrons between its various layers (graphite bonds are formed of only three out of the four electron shells of the carbon atom, leaving the fourth electron to move freely). the electrolysis process can go without interruption because of these electrons' strong conductivity. graphite is also inexpensive, stable at high temperatures, and durable. graphite electrodes are widely used in electrolysis due to all of these factors. since many electrons are not linked in graphite due to their atomic structure, they can move freely between its layers. the abundance of free electrons (also known as electron delocalization) in graphite is what gives it exceptional conductivity. in addition to being a strong conductor, graphite is also inexpensive, durable, and widely available, which are all further reasons why it is frequently employed as an electrode.

By End User- Segment Analysis

Automotive dominated the artificial graphite market in 2023. one kilogram of graphite is required to produce one kilowatt-hour (kwh) of battery energy, making it the most significant component of the battery cell by weight. graphite makes up the great majority of the anode (95%) of a typical Li-ion battery installed in a battery electric vehicle (BEV). A memorandum of understanding [MoU] for the provision of synthetic graphite and silicon oxide to be utilized in specific stages of Britishvolt's battery production processes was signed in 2022 by Britishvolt, a battery manufacturer, and BTR, a company based in China.

By Geography - Segment Analysis

APAC artificial graphite market generated a revenue of $2 Billion in 2023 and is projected to reach a revenue of $5 Billion by 2030 growing at a CAGR of 13.88% during 2024-2030. China produces the majority of the artificial graphite that is produced in the Asia Pacific. For the development of their infrastructure and industrial expansion, countries like China are receiving significant investments. additionally, it is anticipated that during the forecast period, the growth of the industrial sector, particularly in this area, will fuel the market for artificial graphite. Chinese battery anode manufacturers revealed intentions to invest more than $3.9 billion in artificial graphite projects in 2022 in May as they seek to streamline their supply chains and cut prices. among the announcements is a new facility in Sichuan Province, Southwest China, whose operations can be fueled by renewable energy, assisting in lowering the carbon intensity of artificial graphite, which makes up a significant component of a battery's carbon footprint.

Schedule a Call

Drivers – Artificial Graphite Market

Growing application in the automotive industry is a significant aspect

As the anode content usage of lithium-ion batteries rises in tandem with the adoption of electric vehicles and lithium-ion battery applications, demand has been expanding in recent years. In the auto industry, artificial graphite is a solution for producing lithium-ion batteries, which are used to power newer electric cars and boost energy density while shortening charging times. Additionally, it is utilized to create thermally conductive polymers, which are increasingly employed to build automotive parts instead of metal. China is also the world's largest producer of batteries, with the energy storage system and automotive industries experiencing the highest growth rates for lithium-ion battery production in the future years. Chinese anode suppliers have the biggest installed capacities internationally, and China is the main hub of the lithium-ion battery value chain.

Market growth is driven by the metallurgy industry

In metallurgical applications, graphite is utilized in a variety of forms, including electrodes, refractories, bricks, monolithic crucibles, etc. artificial graphite is used as an anode in the electric arc furnace (eaf) process to produce steel, ferroalloys, and aluminum. in metallurgical processes, such as melting scrap iron in an electric furnace, polishing ceramics, producing compounds like calcium carbide, and others that call for high-temperature and clean energy sources, artificial graphite electrodes are used as a source of energy. the use of artificial graphite in metallurgical applications is anticipated to be driven by the increasing global production of crude steel and aluminum. however, it is anticipated that the market demand would be unpredictable due to erratic trends in the production of these metals. accordingly, based on the aforementioned factors, it is anticipated that as the production of important metals and alloys like steel and aluminum rises, artificial graphite will as well, drive the market.

Challenges – Artificial Graphite Market  

The manufacture of artificial graphite comes with health risks that could restrict the market growth.

Calcined petroleum coke and coal tar pitch are the main ingredients used to make artificial graphite. these raw ingredients, though, are harmful to people's health. petroleum coke and coal tar pitch can irritate the eyes as well as cause a rash, inflammation, and burning on the skin in the event of contact. it can irritate the lungs, nose, and throat when inhaled. long-term exposure to these basic materials can also result in moderate symptoms like weariness, headache, and dizziness as well as severe ones like fainting and coma. additionally, occupational exposure to coal tar pitches raises the risk of developing skin cancer in addition to other cancers, such as lung, kidney, bladder, and, in some cases, digestive system cancer. therefore, the health risks related to using these raw materials to make artificial graphite may restrain market expansion.

Buy Now

Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the artificial graphite market. in 2023, the artificial graphite market share has been consolidated by the top seven players accounting for 65% of the share. major players in the artificial graphite market are SGL Carbon, Tokai Carbon, Elkem (Vianode), Imerys, Showa Denko, Toyo Tanso, Nippon Carbon Co Ltd, and Others.

Developments:

Ø In January 2021, Showa Denko announced the merger of between its consolidated branches, Showa Denko Carbon Holding GmbH (SDCH), and Showa Denko Europe GmbH (SDE). By combining the business management and business support functions of the two subsidiaries into one, this merger is expected to further expand the company’s business operation in Europe.

Ø In January 2021, Imerys Graphite & Carbon Ltd. launched its two new primary synthetic graphite namely KS6L and SFG6L. The main objective of the product development was to increase the company’s product portfolio.

We also publish more than 100 reports every month in "Chemicals and Materials", Go through the Domain if there are any other areas for which you would like to get a market research study.

[spookysaladchaos]

Linear α-olefin (LAO), Global Market Size Forecast, Top 12 Players Rank and Market Share

Linear α-olefin (LAO) Market Summary

linear α Alkenes refer to straight chain alkenes with only a single terminal double bond in molecules, such as C4 and above. They are important organic chemical raw materials and intermediates, mainly used as comonomers of high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE), as raw materials for the synthesis of advanced lubricants, for the production of plasticizer alcohols and detergent alcohols, and for the synthesis of polyesters α Alkenes, alkenylsuccinic anhydrides, linear alkylbenzenes, oilfield chemicals, alkyldimethylamines, and higher fatty acids.

According to the new market research report “Global Linear α-olefin (LAO) Market Report 2023-2029”, published by QYResearch, the global Linear α-olefin (LAO) market size is projected to reach USD 11.64 billion by 2029, at a CAGR of 3.2% during the forecast period.

Figure.   Global Linear α-olefin (LAO) Market Size (US$ Million), 2022VS2029

Above data is based on report from QYResearch: Global Linear α-olefin (LAO) Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch. Figure.   Global Linear α-olefin (LAO) Top 12 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

Above data is based on report from QYResearch: Global Linear α-olefin (LAO) Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Linear α-olefin (LAO) include Shell, Chevron Phillips Chemical Company, INEOS, Sasol, Qatar Chemical Company, Sabic, PJSC Nizhnekamskneftekhim, Idemitsu Kosan, Sinopec, CNPC, etc. In 2022, the global top five players had a share approximately 65.0% in terms of revenue.

Market Drivers:

In the coming years, globally α- The production and demand of olefins will rise sharply, and it is estimated that they will exceed 8 million tons by 2027. Large scale both domestically and internationally α- The olefin plant is under construction, and ExxonMobil will produce 350000 tons in Texas, USA α- Olefin unit; Chevron Phillips added in Texas, USA α- Olefin unit; There will be Zhejiang Petrochemical in China; Maoming Petrochemical; New construction by multiple enterprises including Yankuang Group α- Olefin unit. In terms of demand, new PE devices have sprung up like mushrooms after rain.

Linear α- Polyolefin products made from olefins have better performance. 1-Hexene grade polyolefin products have better tensile strength, impact strength, and tear strength; POE has excellent physical and mechanical properties such as high elasticity, high strength, and high elongation, as well as excellent low-temperature resistance. PAO has the characteristics of wide operating temperature, good viscosity temperature performance, high viscosity index, low pour point, and low evaporation loss; High carbon alcohols have excellent plasticizing properties, which can give products advantages such as good appearance, smooth surface, less breakage, and less pollution. With the progress of society and people's pursuit of high-quality life, there is a growing demand for linear solutions α- The demand for high-end products made from olefins will continue to grow.

Restraint:

The LAO industry abroad has gone through more than half a century of development, and well-known overseas petrochemical enterprises have already acquired mature technology. The LAO industry in China started relatively late and is generally in the development stage. The insufficient supply capacity of high-quality LAO has limited the development of application fields. Although the ethylene trimerization technology developed independently by Sinopec and PetroChina to produce 1-hexene has achieved industrialization, due to the late start of ethylene oligomerization technology and downstream polyolefin product technology, industrialization has not yet been achieved, and the application market still needs to be cultivated.

Opportunity:

The upgrading of China's coal to oil industry has made refined development inevitable. Coal to oil intermediate products is rich in LAO. By the end of 2023, China will have a total coal to oil production capacity of approximately 15 million tons per year. Based on a coal to oil project of 1 million tons per year, which can produce approximately 230000 tons of LAO for C4-C18, by the end of 2023, coal to oil will be able to provide approximately 1.7 million tons of LAO for C4-C18. The high-end and refined development of the coal to oil industry will be unstoppable.

About The Authors

Yunmei Sun---Lead Author

Email: sunyunmei@qyresearch.com

Sun Yunmei has 2 years of industry research experience, focusing on research in the chemical industry chain related fields, including medical grade reagents, high-purity reagents for semiconductors, and chemical laboratory equipment.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

[nichromepackaging]

If milk filling is your ask, give Nichrome the task.

There are several vital considerations in choosing a milk filling machine. When you deep dive into the question of choosing the best milk filling or liquid packaging machine for your enterprise, Nichrome is clearly the market leader in this domain.

Milk filling solution

The milk packaging machine you choose must be well suited to handle the viscosity, acidity, and the temperature of the milk. Another consideration for the integrated dairy and milk packaging machine system is the size and the shape of the container. The milk filling machine that you invest in, must be easy to clean and maintain.

Why Nichrome?

For accuracy, speed, and efficiency, consider Nichrome, the leading milk pouch packing machine manufacturer in India and overseas. It is recommended that your milk filling machine must be apt for the volume of milk and like most liquid packaging machines by Nichrome, it must be capable of detecting and rejecting defective packages. Any liquid packaging machine that you install must integrate with existing systems.

Nichrome’s liquid packaging machines are the undisputed gold standard in the packaging industry. Our liquid packaging machines are compact and are the preferred choice for plain milk, flavoured milk, lassi, juice, and mineral water. Our heavy duty and accurate vertical form fill seal (VFFS) machines are widely used in over 45 countries.

Nichrome advantages

Nichrome’s VFFS machines arecapable of delivering an unmatched output speed of 6,000 milk pouches/hour. Nichrome’s compact VFFS liquid packaging machine range maintains perfect hygiene because the structure is either stainless steel or aluminium. Our product contact parts are maintenance-friendly and lubrication free. Accessories include:

Insulated balance tanks: Our milk filling machines save energy expenses.

SCADA system: Supervisory control and data acquisition of machine operations

Automatic pouch counting: Counts exact number of dairy and milk pouches packed.

Versatility and dexterity

Nichrome’s Filpack Servo Universal, a VFFS dairy and milk packaging machine. It is a next generation versatile performer. It can pack milk, buttermilk, cream, and ghee at the rate of over 5,000 packs an hour.

Or for that matter, Nichrome’s Filpack Servo 12K. This has been acclaimed the fastest milk pouch packaging machine in the market by experts. This stellar performer from Nichrome, packs 200 ML, 500 ML, and 1,000 ML milk pouches at a speed of 12,000 packs an hour! Is this evidence enough to prove that Nichrome milk filling machines are the crown jewel of the dairy and milk packaging space?

Nichrome’s liquid packaging machines trump all the other pouch packaging manufacturers’ products for a reason. We offer models like the FILPACK CMD Alpha which has twin heads. With it, you can pack two different products simultaneously and conduct maintenance on one track while the other is operating. The sheer speed and dexterity with which Nichrome vertical form fill seal machine’s function will leave you dazzled.

Nichrome’s milk filling machines come with many benefits for the liquid packaging. Reliability is the hallmark of these VFFS machines. Our milk filling machines are:

Fully automatic: Reduces need for human intervention.

Pouch counting: Vital for determining productivity.

Hygiene: Easy to clean and maintain

Online leak detection: Reduces defective products.

Many advantages

There are many obvious advantages of choosing Nichrome’s liquid packaging machine range. These integrated dairy and milk packing machines can be customized according to your specifications. Most of Nichrome’s VFFS series are independent of pouch size and volume. Nichrome is India’s premier milk pouch packaging machine manufacturer by merit. We take pains to understand your exact requirement and provide turnkey milk filling solutions for every need.

Conclusion

If accuracy, speed, flexibility, energy efficiency, quantity range are your ask, give Nichrome the task! Our multiple pouch format, VFFS machines will leave you speechless. Give us a tinkle and we will get back to you with milk packaging solutions that match your requirements amazingly well.

[sueheaven]

Motor Vehicle And Parts Dealers Market Is Likely to Experience a Tremendous Growth in Near Future

Latest business intelligence report released on Global Motor Vehicle And Parts Dealers Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Motor Vehicle And Parts Dealers market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis are:

Robert Bosch Gmbh (Germany)

Denso (Japan)

Varroc Lighting (United States)

Hyundai (South Korea)

Volkswagen (Germany)

NISSAN (Japan)

O'Reilly Auto Parts (United States)

Advance Auto Parts (United States)

Penske Automotive Group (United States)

AutoZone (United States) The sector has benefited from rising per capita disposable income, which has allowed more customers to spend on industry services, as well as an ageing car fleet. Vehicles require more regular maintenance and repairs as they age, increasing demand for industry products. There were around 117,800 motor vehicle and parts dealer operations in the United States by the middle of 2020. Between 2019 and 2020, the number of such enterprises climbed by 0.5 percent.

Key Market Trends: Use of Recycled Parts to Prevent the Use of Raw Materials

Advancements in the Manufacturing Processes Opportunities: Increasing Number of Automobile Manufacturers

Growing Demand in Replacement of Automobile Parts from Speciality Dealers Market Growth Drivers: Growing Working Population Coupled with Expanding Middle Class

Increasing Usage of Additional Features like Bluetooth and Touch Screens  and safety features Challenges: Lack of availability of Skilled Labors is affecting the market growth. COVID 19 outbreak has affected the automotive sector as 78% of the companies are not having enough staff to run the production line. Also, 80% of the world auto supply chain is connected to China. Therefore, According to China Passenger Car Association, the sales in first two months have declined by 40% as compared to same period in 2019 which is having negative impact on the industry. The Global Motor Vehicle And Parts Dealers Market segments and Market Data Break Down by Type (Tires and Parts, Bodies and Parts, Lubricants & Chemicals, Power-Train and Chassis, Electrical and Electric Components, Miscellaneous Parts and Accessories), Application (Heavy Transport Vehicle, Light Transport vehicle, Light Motor Vehicle), Ownership (Retail Chain, Independent Retailer), Stores (Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store)

Presented By

AMA Research & Media LLP

[market-reports-us]

Independent Lubricant Manufacturers Market To, 2026 Trends, Growth and Key Players - Addinol, Amsoil Inc., Caltex, Carlube, Castrol, Fuchs Petrolub SE, Liqui Moly, Motul S.A.

Independent Lubricant Manufacturers Market To, 2026 Trends, Growth and Key Players – Addinol, Amsoil Inc., Caltex, Carlube, Castrol, Fuchs Petrolub SE, Liqui Moly, Motul S.A.

The Independent Lubricant Manufacturers Marketresearch report is a written presentation of clear and accurate detailing of findings and recommendations that will aid in decision-making. The element of the report includes market size, driver, challenges, restraints, trends, emerging opportunities, and competitive panel along with their share for the forecast timeline of 2019-2026. Therefore, this…

[sanjay-chem]

PAG Compressor Oil Market Size, Share, Demand & Trends by 2033

The global PAG compressor oil market is currently valued at US$1.4Billion in 2023 and is anticipated to expand at a CAGR of 8.7%. Owing to the increasing application in end–use industry the market is likely to propel to US$3.22 billion by 2033.

PAG Compressor oil market is witnessing a significant growth, especially in East Asia and South Asia Pacific. Strong industrial infrastructure spending in regions such as Europe and North America has resulted in the significant growth in the market.

The demand is expected to rise consistently in industries such as generation, automotive, chemical industry, pharmaceuticals, food and beverages and others. Increasing demand from the automotive industry for high-performance lubricants that can withstand high temperatures and extreme pressure is expected to drive the growth of the PAG compressor oil market.

Asia Pacific has become the hub of the automotive industry in the last few years. The surge in demand for automobiles in expanding economies, such as China and India, is driving the global automobile industry, which in turn is boosting the need for PAG compressor oil market.

The rise in the number of investments in the automotive sector, typically in the Middle East & Africa, is expected to be a key factor that propels the PAG compressor oil market in the region.

Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15990

Key Takeaways from the Market Study

As     of 2023, the PAG compressor oil market was valued at US$1.4 Billion

From     2023 to 2033, the PAG compressor oil industry is poised to grow at an 8.7%     CAGR

By     2033, the PAG compressor oil market is slated to reach a valuation of     US$3.44 Billion

By     end-user, the general manufacturing segment accounted for the highest CAGR     of 8.1% and is expected to continue this trend over the forecast period.

China     is poised to yield a CAGR of 8.5% with respect to PAG compressor oil in     2033

“Increasing usage of PAG Compressor oil in the Automotive, general manufacturing, mining, and construction industries are expected to radically transform the PAG compressor oil market in the coming years,” comments an analyst at FMI.

Competitive Landscape

Idemitsu Lubricants America, Boss Lubricant, Castrol, Phillip 66 Lubricant, Total Lubricant USA Inc., Mannol, AMSOIL, Exxon Mobil Corporation, Technical Lubricants International B.V., Shandong Shing Chemical Co., Ltd.  are some of the key players in the PAG Compressor Oil industry.

The manufacturers are involved in the production of PAG Compressor Oil in a larger capacity. The global PAG Compressor Oil Market is consolidated with the presence of major international players. However, the presence of small- and medium-sized domestic players makes the market highly competitive.

ExxonMobil,     Shell, CNOOC, and Guangdong Provincial Development & Reform Commission     have signed a Memorandum of Understanding to evaluate the potential for a     world-scale carbon capture and storage project to reduce greenhouse gas     emissions at the Dayawan Petrochemical Industrial Park in Huizhou,     Guangdong Province, China.

May     2020 – Idemitsu Lubricants America provides incredible new levels of     engine protection with its line of fully synthetic motor oils that meet     and exceed the new SP/GF-6A industry standards for more protection,     performance and power. Also, Idemitsu has introduced a new 0W-16 SP/GF-6B     Ultra-Low Viscosity Motor Oil with robust additive technology that exceeds     forward-looking lubrication standards.

In     March 2021— Independent Truck Repair Group (iTRG) announced that they have     teamed up with Phillips 66 Lubricants to offer a national oil program for     their members. Through this new program, iTRG members will have access to     special pricing, promotional materials, rebates and enhanced education and     technical support on Phillips 66 (NYSE: PSX) premium diesel products.

Key Segments Covered in the PAG Compressor Oil Market Industry Survey

By Compressor Type:

Reciprocating     Compressor

Rotary     Compressor

Centrifugal     Compressor

By End-user:

PAG     Compressor Oil in Automotive

PAG     Compressor Oil in Mining

PAG     Compressor Oil in Construction

PAG     Compressor Oil in General Manufacturing

PAG     Compressor Oil in Food & beverages

PAG     Compressor Oil in other

By Region:

North     American

Latin     American

European

Asia     Pacific

MEA

Browse Full Report @ https://www.futuremarketinsights.com/reports/pag-compressor-oil-market

[nichromepackagingmachine]

NICHROME PROVIDES YOU THE MOST RELIABLE OIL PACKAGING MACHINES

The global demand for the edible oil has increased by 2.7% from 2016 to 2020 and is expected to grow at 5.8% CAGR from 2021 to 2031. This massive growth in edible oil demand is going to help oil packaging companies to grow immensely, who are already growing year-on-year at a rate of 4.1% since 2021.

The rise in the edible oil is because of the recent change in lifestyle of consumers and their consumption behaviour with added preservatives with longer shelf life. With the expansion of the food industry, sales of edible oil have recorded a sharp rise across the globe.

EDIBLE OIL INDUSTRY IN BANGLADESH

The revenue generated by the edible oil industry in Bangladesh amounts to US$1.05bn in 2022. The market is expected to grow annually by 15.43% (CAGR) between 2022 to 2027.

This brings us to the important part of the segment that is the quality packaging with the continuous rise in the demand. It’s very important for industries to shift and adapt high duty viscous liquid filling machines and liquid pouch packing machines that help you manufacture quality packaging.

To provide the best and the most efficient oil packaging, Nichrome manufactures the most reliable liquid pouch packaging machine i.e.

VFFS Filpack Servo SMD.

VFFS Filpack Servo SMD by Nichrome

The VFFS Filpack Servo SMD is another durable and high duty vertical form fill machine which is used for various liquid filling and packaging machines.

The VFFS Filpack Servo SMD is a quality manufactured packing machine which is a pouch sealing machine and a pouch packing machine used to pack viscous liquid products which includes:

Edible Oil

Ghee

Vanaspati

Lubricating Oil

WHY IS NICHROME’S VFFS FILPACK SERVO SMD RELIABLE?

As mentioned above, Nichrome's viscous liquid filling machine is a durable and heavy-duty machine to cater your liquid packaging needs. However, the VFFS machine has more than one feature that will benefit you as an automatic sachet packing machine.

HEAVY DUTY PERFORMER: This Filpack Servo SMD machine serves you with the latest technology consisting of a touch screen HMI panel and PLC that controls all other operations.

OCCUPIES LESS SPACE: The vertical form fill seal machine does not occupy a lot of space which is a total peace of mind for any liquid packaging industry. The less occupancy also allows you to segregate other machine positioning in the factory.

 HYGIENIC OPERATION: Hygiene being an important factor in a packaging industry, Nichrome’s VFFS Filpack Servo SMD comes with an enclosed SS cabinet.

DUAL PACKAGING OPERATION: The automatic sachet packaging machine has twin heads, whose both heads are independent operational heads which enables you to pack two different products and quantities simultaneously.

TECHNICAL SPECIFICATIONS OF VFFS FILPACK SERVO SMD

It’s important to note the technical specifications of any heavy-duty or small packaging machine to assess yourself with all the requirements before equipping.

QUANTITY RANGE: The quantity range in the liquid packaging machine comes in four segments. The 100ml and 200ml are the small packaging whereas the 500ml to 1000ml are the medium sized and large sized packaging sachets.

ACCURACY RANGE: The five layer film provides you with 70 to 80 packs per minute and 80 to 85 packs per minute. The quantity accuracy will only have a minute difference of 2ml plus or minus which is considered as a great product packaging.

PACKAGE SIZE: The minimum package size for 50ml to 300ml ranges between 100-140mm X 50mm, whereas the maximum package size for the same quantity ranges between 100 - 140mm X 250mm. The minimum package size for 200ml - 1000ml ranges between 125-162.5mm X 75mm, whereas the maximum package size for the same quantity ranges between 125-162.5mm X 250mm.

Nichrome provides you the most heavy-duty multitasking packaging machines to aid you with all your packaging solutions. It’s time you increase your quantity and quality for your oil packaging with Nichrome’s VFFS Filpack Servo SMD - the best viscous liquid filling machine.

Book your Enquiry now and get in touch with our professionals and let them guide you for your best.

[guophil]

Knowledge sharing about flip top cap mould

Introduction of flip top cap mould

Flip top mold core and cavity with insert design. Very hard steel is used for the core and cavity. Such as S136, 2316, H13, etc. Detail steel will depend on cap design, cap material and customer requirements. But all these die steel hardness can be processed to HRC48-HRC52.

Flip top mould runner system

Clamshell mold runner systems can be hot runner and cold runner. Details depend on the cap design. Cold runner subs gates are suitable for flip caps and gate markings are allowed on the side of the cap. Usually the gate is located in the open area of the cap, so that the injection can be balanced, and the gate mark can be hidden under the top cap. Hot runner systems are becoming more and more popular in injection molds because of their better heating efficiency and no plastic material wasted in the injection molding process. And clamshell molds with hot runner systems can achieve shorter cycle times. The hot runner gate mark is usually on the top surface of the clamshell body, and the same position is the cold runner three-plate mold structure.

Flip top cap mould design process

Clamshell mold drawings are another important thing. Clamshell mold quality starts with mold drawings. The mold structure and mold size are determined by the drawings. Gragon Mold's focus on mold drawings ensures that clamshell mold projects get off to a good start. According to customer requirements, we can provide CMM inspection of key mold components such as inserts, cavity inserts and core inserts.

Advantages of flip top cap mould

1. The butterfly hinge design is very particular, flexible and not easy to break.

2. We use Moldflow analysis to simulate the entire injection process to ensure that qualified products are injected during mass production.

3. High-performance hot runner system with German heating components ensures uniform melt flow and pressure in all cavities.

4. The heat of each cavity is independently controlled to ensure uniform temperature.

5. Standard interchangeable mold components.

6. All parts are processed by high-precision CNC equipment, and the tolerance is below 0.02mm.

7. The core and cavity are made of high-hardness steel, with double anti-corrosion, high precision and long mold life.

8. Each cavity and core has an independent cooling system, which can shorten the production cycle.

9. The special water pipe design eliminates leakage and water marks on the preform.

10. The company logo of the cap can be easily replaced by changing the cavity.

11. The mold parts can be DME, HASCO or other standards, which is convenient for customers to find replacement parts in the market.

12. We can provide CMM to inspect the key parts of the mold, such as inserts, cavities and cores.

13. The clamping system can be designed according to customer requirements.

14. The mold guarantees long life, more than 5 million times.

Dragon Mold is an expert in plastic clamshell molds, providing multi-cavity solutions for shampoos, lubricants, confectionery, and more.

Flip top cap mould Supplier

Dragon mould has accumulated rich experience in various clamshell molds from 1 cavity to 72 cavity, such as shampoo clamshell mold, lubricating oil clamshell mold, condiment clamshell mold, double safety ring clamshell mold, etc. The innovation of multi-cavity technology enables the flip-top mold to meet the needs of high speed and high production capacity.

We design, manufacture and export high quality clamshell moulds for customers from all over the world. And we have "DRAGON MOLD QUALITY STANDARD" to control the quality of each mold from design to shipment. Our company's mission is to help our customers achieve superior production capabilities at extremely low cost. If you have any need for flip top moulds, please feel free to contact us.

[research-blogs]

Wet Shave Market Outlook, Industry Analysis and Prospect 2019-2025

The global wet shave market size is anticipated to reach USD 21 billion by 2025, exhibiting a CAGR of 9.5% over the forecast period, according to a new report by Grand View Research, Inc. Growing awareness regarding personal grooming and increasing spending on personal care products are some of the major factors that are projected to augment the growth of the market. Moreover, the introduction of several innovative wet shave products, as well as rising number of people becoming a part of the corporate culture, are the factors contributing toward the market growth.

Several manufacturers are adopting strategies such as new product developments and mergers & acquisitions to increase their market penetration as well as gain a competitive advantage. For instance, in May 2019, Edgewell Personal Care Company announced its plans to acquire Harry’s, Inc., a U.S.-based manufacturer of wet shave products. Moreover, awareness campaigns undertaken by manufacturers through social media, advertisements, and YouTube channels are likely to augment the demand for wet shaving products.

Razor cartridges product segment was worth USD 2,569.2 million in 2018. Razor cartridge is the detachable part used in cartridge razors. Different types of razor cartridges having lubricating strips that contain menthol, coconut oil, or herbal oil extracts have been introduced to offer smooth shaving experience. The non-disposable razors segment is expected to grow at an estimated CAGR of 9.8% over the forecast period. Non-disposable razors or reusable razors include safety razors, straight razors, and cartridge razors.

In terms of distribution channel, the market has been segmented into hypermarkets, supermarkets, independent retailers, and others. Independent retailers is anticipated to be the fastest-growing distribution channel segment and likely to register a CAGR of 10.8% over the forecast period. E-commerce also plays an important role in the distribution of wet shave products. Wet shave products are sold through several e-commerce websites, manufacturer operated online portals, and online portals operated by numerous retailers.

Increasing investments by major retail companies, especially in emerging countries, are expected to open new opportunities for wet shave manufacturers to distribute and sell their products. In November 2018, Gillette introduced the Gillette SkinGuard Sensitive razor, a clinically proven razor designed especially for men having sensitive skin. In January 2018, Schick, a brand by Edgewell Personal Care Company, launched Schick Intuition f.a.b., a razor with five bi-directional blades specially designed for women.

Browse full report with Table of Content @ https://bit.ly/3KlViIc

Wet Shave Market Report Highlights

• Asia Pacific is projected to emerge as the fastest-growing regional market for wet shave products over the forecast period with growing population in the region, especially in developing countries such as China and India

• Male gender segment dominated the global wet shave market with a revenue share of 71.8% in 2018 as men frequently practice wet shaving for the removal of facial hair

• Blades product segment is expected to register the highest growth rate of 10.2%, in terms of revenue, as blades are widely used as consumables in safety and straight razors and are generally meant for single use

• Hypermarkets emerged as the largest distribution channel segment and accounted for 38.2% of the total market share in 2018

• Key market players include Procter & Gamble, Edgewell Personal Care Company, Unilever PLC, Beiersdorf AG, Johnson & Johnson, Godrej Consumer Products Limited, and Raymond Limited, among others. Other prominent players include Edwin Jagger Limited, Taylor of Old Bond Street, Ludovico Martelli s.r.l., and D.R. Harris & Co. Ltd.

For Requesting a Sample Copy of This Report, Please Visit @ https://bit.ly/3fvspLw

[nichromepackaging]

Oil Packaging Solutions from Nichrome

Across the oil industry, whether it is edible oil or engine oil, manufacturers are always on the lookout for better, more cost-effective packaging solutions.

 Today, many lubricant and motor oil companies have shifted from rigid HDPE bottles to flexible pouches that provide superior burst and seal strengths. The pouches also offer novel design opportunities in terms of closures, spouts, handles and graphics.

 Moreover, pouches are lightweight, enabling ‘last mile reach’ with dramatic cost reductions in freight. Fewer trucks used translates into significant reductions in fuel consumption, road emissions, fleet maintenance and operation costs. Flexible packaging also provides a more compact shelf footprint versus plastic bottles.

These advantages hold true for edible oil packaging as well, especially for small quantities up to 1 litre, where flexible pouches are growing in popularity due to their cost-effectiveness - both to manufacture as well as to transport and store. Pouches remain the preferred packaging solutions due to their malleability and low weight. Additionally, they protect the products from contaminants and improve retail value. In recent years, with rising income levels & health consciousness, the edible oil industry has witnessed a greater preference for packaged and branded oil. The import of premium oils such as olive oil and canola oil has increased with growing consumption, while oil companies introduce fortified oils to cater to the health aspect that's top of mind for many consumers.

 ADVANTAGES OF OIL POUCH PACKAGING

For the product:

●     Safety and hygiene

●     Freshness maintained

●     Beats seasonality

 For the package:

●     Shelf appeal

●     Smaller shelf footprint

●     Lightweight

●     Convenient size

For the distribution:

●     Low wastage

●     Wider reach

●     Lower transportation costs

For the marketing:

●     Better branding

●     Greater visibility

●     Convenience

●     Assurance of quality

 NICHROME OIL PACKAGING SOLUTIONS

Nichrome offers the fastest oil packaging solutions ensuring timely delivery of oil by providing higher speed, accuracy and control.

For pouch packaging of oils, Nichrome offers a range of VFFS and HFFS packaging machines. As a leading automatic filling machine manufacturer for over four decades, Nichrome has the expertise and technology to deliver innovative oil pouch packaging machines that pack with speed, accuracy and hygiene. Nichrome's edible oil packaging expertise combined with its sales and service network across the country and abroad make it a trusted partner for reputed cooking oil manufacturers, both big and small.

Nichrome’s range of oil packaging products includes:

Filpack Servo SMD

For packaging oil and other viscous products such as ghee, ketchup, fruit pulp, mayonnaise, curry pastes, and even grease, paint, adhesives, etc., Filpack Servo SMD spells peace of mind.

Filpack Servo SMD is a durable, heavy-duty performer, with a touchscreen HMI panel and PLC that controls operations. It occupies less floor space and has an enclosed SS cabinet for hygienic operation.

Filpack Servo SMD comes with twin head construction with independent head operation so two different products and quantities can be packed simultaneously.

This oil filling machine packs in CSPP pouches of 5-layer film at speeds of 70-85 packs per minute, depending on the pack size.

Multilane Stickpack with Multi-Piston Filler

Nichrome's Multilane Stickpack with Multi-Piston Filler is a stick pack pouch packaging machine especially innovated for packing liquids and viscous products in single-serve stick packs. Targeted for the travel and hospitality industries, the small, on-the-go pouch format provides convenience and reduces wastage.

For packaging edible oil, salad dressing, and other viscous products such as honey, ketchup, mayonnaise, mustard paste, jam, shampoo, etc., Nichrome's Stickpack oil packaging machine offers a stainless steel structure, pneumatically operated piston filler and longitudinal & cross-sealing jaw assemblies suitable for laminates. A CE certified PLC controller makes the machine easy to operate.

HFFS Series

Nichrome's HFFS packaging machines bring you new-gen, linear technology from Europe. The Series is versatile and can be used for packing a wide range of oils, powders, grains, snacks, liquids and viscous products using different fillers. The Series also offers a range of pouch formats with superior pouch aesthetics.

The HFFS machines are PLC based machines with a touchscreen interface. The compact and versatile design offers both single and perforated chains of pouches with a quick and easy changeover. Well designed duplex modules are available for higher outputs.

CONCLUSION

Because of the increasing awareness of food safety and healthy lifestyle practices, Indian consumers are shifting from traditional “loose oil” sold at local grocery stores, to packaged oils. This trend has led to the packaged segment of edible oils growing at 2.5 times the rate of overall edible oil consumption in India.

The use of coextruded flexible pouches in edible oil packaging has made it possible for organized brand owners to penetrate rural markets with smaller, more affordable SKUs. This has allowed manufacturers to pass on price reductions to consumers when compared to the traditional oil packaging of tin cans or HDPE bottles.

If you are looking for a high-speed oil packaging machine, whether for edible oils or automotive oils, Nichrome has the product range and expertise to deliver the most relevant, cost-effective automated packaging solution. Nichrome is India’s leading packaging machine manufacturer with over four decades of industry knowledge and proven expertise to its name.

Nichrome has other multilane and HFFS machines for all oil and related applications including ghee packing, vanaspati packing, engine oil packing, etc.

[weepingengineerpuppy]

Automotive Motor Oil Market Analysis & Forecast to 2027

According to Market Research Future (MRFR), the global automotive motor oil market is estimated to reach USD 28.30 million metric tons with a CAGR of 3.80% from 2018 to 2026 (forecast period). The study discusses the market opportunities and market ramifications that emerged as a result of the COVID-19 pandemic.

Automotive motor oil is used in the vehicle's engine and transmission chamber to reduce friction between the transmission and engine components. In addition, motor oils are approved for use in their vehicles by OEMs. The secondary purpose of the motor oil is to maintain the engine chamber temperature and prevent the corrosion of engine parts owing to oxidation. Automotive motor oils are extracted from petroleum, which is further processed to boost the quality of the motor oil.

Market Dynamics

The rising middle class, growing disposable income, generating surface transport infrastructure, increasing aspiration to own private vehicles, increasing mobility due to the development of the Satellite Township near megacities, and boosting demand for goods carriers from micro, small and medium-sized enterprises are fueling the automotive motor oil market. Increasing automotive aftermarket and do-it-yourself (DIY) culture in North America and Europe is propelling automotive motor oil growth in the retail sector in these two regions.

Get Free Sample PDF@   https://www.marketresearchfuture.com/sample_request/8675

Market Segmentation

The global automotive motor oil market has been segmented based on type, sales channel, and vehicle type.

By type, the global market has been segregated into the conventional, synthetic blend, full synthetic, and high mileage. In 2018, the synthetic blend segment had the largest market share. The synthetic blend is also called semi-synthetic oil, which is made from conventional and synthetic oils. This oil is produced in order to derive the benefits of both synthetic and traditional oil while at the same time reducing its drawbacks. The synthetic blend offers much better protection and performance.

By sales channel, the global market has been segmented into Quick Lube, Independent Workshop, Maintenance/Repair Shop, FWS/OEM dealership Service Station, Truck Stop. The quick lube segment had the largest market share in 2018. The quick lube service center provides customers with quick, easy, and reliable service to maintain their vehicles. The quick lube service center focuses primarily on improving service quality, training employees, and connecting manufacturers, dealers, and repair shops to one another.

By vehicle type, the global market has been segregated into Passenger Car (PCMO) and Heavy-Duty Commercial Vehicle (HDMO). The Passenger Car segment (PCMO) accounted for the largest market in 2018. Sales of passenger cars are growing rapidly. The rise in demand for passenger cars is mainly driven by emerging middle-and upper-middle-income groups. Development in the economy of developing regions, an estimated global increase in purchasing ability around the world, and an emphasis on reducing fuel consumption, vehicle emissions, and overall vehicle maintenance and operating costs are expected to increase demand for automotive motor oil.

 Regional Analysis

Region-wise, the global automotive motor oil market has been segmented into Europe, the Americas, and the Asia Pacific.

The market in Europe/AME is expected to dominate the automotive motor oil market. The established infrastructure and significant players in this area provide opportunities for growth in the forecast period for the European/AME market. Europe strategically seeks to reach a 20% reduction in emissions by 2020. Given the rising transport sector in Europe, the government has agreed to reduce emissions and set a sustainability criterion for regulating fuel emissions. The European Union has set a number of standards for CO2 (carbon dioxide) and CO (carbon monoxide) emissions that improve demand for automotive motor oil. In addition, manufacturers are strategically investing in the development of automotive motor oil in order to reach the standard emission specification. In addition, the presence of major automotive companies, strict government emission control regulations, and increased investment in the development of automotive motor oil is helping the regions of Europe / AME to raise their revenue.

The Americas earned the second-largest share of the global automotive motor oil market in 2018. The scope of automotive motor oil is expected to rise in the Americas, with increased demand for automobiles, mainly in the US. The area has strong growth and is expected to show steady growth during the forecast period. These countries have a comparatively higher number of premium and luxury passenger vehicles, increasing the market for automotive motor oil. The expansion of automotive repair shops and service stations is contributing to a rise in demand for fuel-efficient vehicles, and rising customer understanding of oil change is expected to increase demand for automotive motor oil. The Petroleum Quality Institute of America is working with automotive motor oil manufacturers on the development, quality, and integrity of lubricants and on reducing the cost of manufacturing advanced lubricants such as synthetic blends for automotive applications.

Greater China is expected to see a tremendous rise in the automotive motor oil industry. Increased demand for passenger cars and commercial vehicles, due to the rapid industrialization of the country, contributes to the development of the market in the region. The automotive sector, including the oil industry, is expected to expand rapidly under the most recent government economic development plans, which call for attention to the new emission standards. In the past few years, there has been an enormous rise in passenger cars and commercial vehicles in China, which has contributed to the government's concern to regulate vehicle emissions. The Chinese government has set C5 emission standards, which increase the opportunities for manufacturers to improve automotive motor oil and several emission technologies to comply with the standards. The Government has also introduced a variety of policies for the benefit of the automobile and automotive motor oil manufacturers, including regulations on import restrictions, export requirements, and subsidies. The automotive industry continues to develop in China due to increased passenger and commercial vehicles and hybrid vehicles. The rise in the production of automobiles is contributing to an increase in the production of automotive motor oil. These factors are predicted to spur the growth of the market in Greater China during the forecast period. It is estimated that China will report a CAGR of 7.3% during the forecast period.

 Key Players

The industry giants in the global automotive motor oil market are Exxon Mobil Corporation (US), The Lubrizol Corporation (US), Royal Dutch Shell PLC(Netherlands), Valvoline Inc. (US), Gulf Oil Lubricants India Limited(India), Chevron Corporation(US), BP PLC (UK), Total(France), China Petroleum & Chemical Corporation(China), Infineum International Limited (UK), Petro‐Canada Lubricants Inc. (Canada), GP Petroleums Ltd (India), Caltex Australia (Australia), Petromin Corporation (Saudi Arabia), China National Petroleum Corporation (China).

Access full report @ https://www.marketresearchfuture.com/reports/automotive-motor-oil-market-8675

[market-research-industry]

Lubricant market to reach us$9,454.04 mn by 2025-end due to rising demand

Transparency Market Research (TMR) witnesses that the global lubricant market has a highly consolidative vendor landscape. The four companies accounted for near shares of 58.0% in the year 2016. However, the major player, FUCHS, accounted for a share of about 37% in the year 2016. Other prominent players operating in the global lubricant market are Motul, ADDINOL Lube Oil Gmbh, BVA Oils, AMSOIL INC., Carlube, BVA Oils, and Forsythe Lubrication.

The lubricant market is literally dominated by few players; however, the presence of numerous small players and new entrants in the market are increasing level of competition in the market. Market players are increasingly focusing on the improvement of distribution channel and keeping the product pricing competitive. Major players in the market are focusing to offer innovative products, which are widening opportunities for growth.

According to TMR, the global lubricant market accounted for a revenue of US$6,800.79 mn in the year 2016 and is expected to reach US$9,454.04 mn by 2025-end. The market is expected to expand with a CAGR of 3.80% over the forecast period from 2017 to 2025.

On the basis of application, the automotive segment dominated the global lubricant market and likely to hold the major share in the overall market. Based on the regions, Asia Pacific is anticipated to offer lucrative opportunities for key players. The growth in the region is attributable to the growth of automotive industry coupled with the presence of major suppliers of base oil in the region.

Request a Sample –

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1742

Widening Applications to Propel Market Growth

The lubricants market is primarily driven by the extensive demand for lubricant and oils across the automotive industry globally. Growing demand for lubricants and metalworking fluids across industries such as booming automotive sector, marine, aerospace, and manufacturing industries is augmenting the growth of the lubricants market. This growing demand for lubricants is attributable to the properties of the lubricants such as its water and temperature resistance and its lightweight. These properties are widening applications of lubricants across numerous applications, which are propelling growth of the global lubricant market.

Additionally, the rise in demand for high-performance lubricant by various end-use industries in order to obtain better efficiency is supporting growth of the lubricants market. Furthermore, raising awareness assisted by the stringent implementation of governmental regulations, which favors the environmental-friendly lubricants and metalworking fluids. This is a key factor in boosting the lubricants market and likely to remain key factor during the growth of the lubricant market over the forecast period.

Request for covid19 impact analysis –

https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1742

Fluctuating Prices of Raw Materials to Restrain Market Growth

Despite these factors, the factors such as continuous fluctuating prices of feedstock and raw materials are restraining growth of the global lubricants market. Across the price, sensitive regions and mainly the developing regions is hampering its adoption due to price fluctuations of the final products, which is restraining the growth of the global lubricants market.

Nevertheless, a growing acceptance of oil additives is expected to offer lucrative opportunities for growth of the market in a positive direction. Additionally, the emergence of bio-based additives is attracting numerous consumers as well as manufacturers, which is expected to boost demand for environmentally friendly products and lubricants. These factors are expected to open numerous doors of opportunities and reflect positively on the growth of the global lubricant market over the forecast period.

This information is encompassed in the report by TMR, titled, “Lubricant Market Opportunity Analysis by Independent Manufacturers (Type - Mineral Lubricants, Synthetic Lubricants, and Bio-based Lubricants; Application - Automotive, Aerospace, Marine, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”  

Buy now-

https://www.transparencymarketresearch.com/checkout.php?rep_id=1742&ltype=S

For the study, the lubricant market has been segmented as follows:

Product

Mineral lubricants

Synthetic lubricants

Bio-based lubricants

Application

Automotive

Aerospace

Marine

Industrial

Others

Geography

North America

U.S.

Canada

Europe

U.K.

Germany

France

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

Australia

India

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

South Africa

Saudi Arabia

Rest of Middle East & Africa

Companies in the Lubricant market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

More Trending Report-

https://www.prnewswire.com/news-releases/increased-oilfield-activities-in-african-countries-likely-to-generate-growth-in-demand-for-hydrogen-sulfide-scavengers-market-tmr-301325961.html

[riyadbmr21]

Bio-Based Polyethylene Terephthalate (PET) Market Business Overview, Consumption, Production, Analysis and Forecast 2027

Latest research report, titled “Bio-Based Polyethylene Terephthalate (PET) Market” Insights 2021 and Forecast 2027, This includes overview and deep study of factors which are considered to have greater influence over future course of the market such as market size, market share, different dynamics of the industry, Bio-Based Polyethylene Terephthalate (PET) market companies, regional analysis of the domestic markets, value chain analysis, consumption, demand, key application areas and more. The study also talks about crucial pockets of the industry such as products or services offered, downstream fields, end using customers, historic data figures regarding revenue and sales, market context and more.

This study provides a detailed analysis of the current state of the global market and forecasts overall growth prospects and key factors across key regional markets. The report contains a vast amount of market data collected with the help of various primary and secondary research methods. The data is filtered using several industry-based analytical techniques.

Get PDF Sample Copy of Report: (Including TOC, List of Tables & Figures, Chart) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-bio-based-polyethylene-terephthalate-pet-market

This Free report sample includes:

A brief introduction to the research report.

Graphical introduction of the regional analysis.

Top players in the market with their revenue analysis.

Selected illustrations of market insights and trends.

Example pages from the report.

In addition, market revenues based on region and country are provided in the market report. The authors of the report have also shed light on the common business tactics adopted by players. The leading players of the global Bio-Based Polyethylene Terephthalate (PET) market and their complete profiles are included in the report. Besides that, investment opportunities, recommendations, and trends that are trending at present in the global market are mapped by the report. With the help of this report, the key players of the global Bio-Based Polyethylene Terephthalate (PET) market will be able to make sound decisions and plan their strategies accordingly to stay ahead of the curve.

The COVID-19 pandemic has dramatically changed the dynamics of the market. This market research report contains extensive data on market impact. The company’s team of research analysts is monitoring the market during the coronavirus crisis, discussing it with industry experts, and finally publishing a detailed analysis of the future scope of the market.

Top Key players profiled in the report include: Toray Industries, Plastipak, Origin Materials, Yield10 Bioscience, Inc., Braskem, Virent Energy Systems, Inc., Avantium, The Coca-Cola Company.

Key Highlights of this Report:

Historical, current, and forecast Market Size, Shares, and Growth Rate

Bio-Based Polyethylene Terephthalate (PET) Outlook, Growth Capital, Supply chain, Industry, Energy Independence, Global Market Analysis and Forecast

How COVID-19 Effects on Economy?

Market segmentation by key End-uses: Mining, Chemical / Petrochemical, Transportation, Manufacturing, Oil & Gas, Construction

Market segmentation by key Product Types

Get Download Complete Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-bio-based-polyethylene-terephthalate-pet-market

Strategic points covered by TOC:

Chapter 1: The scope of products driving the market, the market risks, the market overview, and the market opportunities in the global Bio-Based Polyethylene Terephthalate (PET) market.

Chapter 2: Assessment of Top Manufacturers in the Worldwide Bio-Based Polyethylene Terephthalate (PET) Market Consisting of Revenue, Sales, and Product Price

Chapter 3: Show Competitiveness Among Top Manufacturers Along with Market Share, Revenue, and Sales

Chapter 4: Analysis of Global Bio-Based Polyethylene Terephthalate (PET) Market by Region, Market Share, Forecast Period Revenue, and Sales

Chapters 5, 6, 7, 8, and 9: Assess Markets by Segment, Country, and Manufacturer, and Assess Revenue Shares and Sales by Top Country in These Different Regions.

Queries Resolved in This Report:

Which will be the specialties at which Bio-Based Polyethylene Terephthalate (PET) market players profiling with intensive designs, financials, and furthermore, ongoing headways should set nearness?

Which will be the foreseen development rates for your own Bio-Based Polyethylene Terephthalate (PET) market economy out and out and furthermore for each portion inside?

Which will be the Bio-Based Polyethylene Terephthalate (PET) market application and sorts and estimate joined intently by makers?

Which will be the dangers which will attack growth?

The length of the global Bio-Based Polyethylene Terephthalate (PET) market opportunity?

For More Details On this Report@ https://www.databridgemarketresearch.com/reports/global-bio-based-polyethylene-terephthalate-pet-market

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: Sopan.gedam@databridgemarketresearch.com

Browse Related Reports@

Drilling Fluids Market

Marine Lubricants Market

Bioactive Peptides Market

[pratikkadbane]

Global Biofuels Market Research Report: Information, by Fuel Type (Biodiesel and Ethanol), by Feedstock Type (First, Second, and Third Generation), and by Region (North America, Europe, Asia-Pacific, the Middle East & Africa, and South America)– Forecast till 2025 Market Scenario A biofuel is a gas, liquid, or solid from natural sources such as plants that is used as a fuel. It is derived from renewable biological sources, as plants or animal waste; especially a liquid fuel for automotive engines made from corn or soybean oil. Biofuels may be derived from agricultural crops, forestry, agricultural or fishery products or municipal wastes, also from agro-industry, food industry and food service by-products and wastes. Biofuels are generally used in transportation, energy generation, charging electronics, cooking, lubrication and cleaning oil spills & grease. The bio fuels market size is projected to reach USD 230.5 billion by 2025, with a CAGR of 5.10% from 2019 to 2025. The major factors driving the growth of the global bio fuels market include potential to reduce emissions. According to Emissions Gap Report 2018, the global greenhouse gas (GHG) emissions show no signs of peaking which would help to limit the global warming. The global bio fuels market is projected to grow at a high rate during the forecast period due to the renewability of biodiesel. According to WBA Global Bioenergy Statistics 2018, published by World Bioenergy Association, liquid biofuels especially biodiesel is the leading renewable solution for the transport sector as it would lead to environment friendly use of biofuels in the transportation sector. For instance, In 2016, 3.43 Exa Joule (EJ) of biofuels was used in the transport sector accounting for 3% of the share in the total energy use in transport sector. Increasing use of crude glycerin from biodiesel production would act as an opportunity for bio fuels ma

Distributer & Supplier companies

End Users

Raw Material Suppliers/ Buyers

Product Suppliers/ Buyers

Automobile Manufacturers

Consultants and Investment bankers

Government as well as Independent Regulatory Authorities

[wiseguyreport21love]

Global Automotive Motor Oil Market Research Report 2025

The Global Automotive Motor Oil Market is expected to be valued at USD 28.30 Million metric tons by 2026, with a CAGR of 3.80% during the forecast period (2019–2026).

The report covers segmentation and drivers for a better glimpse of the market in the coming years. The automotive motor oil is used to reduce metal-to-metal contact in order to minimize overall friction and reduce damage. The main advantage of motor oil is to protect and improve the overall functioning of engines in passenger car and heavy-duty commercial vehicles. Moreover, the passenger car motor oils are made from a combination of base oils that are obtained from petroleum-based hydrocarbons. Such oils prevent the occurrence of corrosion and rust as well as obstruct the formation of deposits in the engine. There are four types of automotive motor oil which includes conventional motor oil, high-mileage motor oil, synthetic blend motor oil, and full synthetic motor oil.

ALSO READ : https://www.viv.net/articles/blog/air-compressor-market-2021-competitive-scenario-financial-overview-and-high-profit-margins-2025

 Competitive Analysis

Some of the Key Industry Participants of the Global Automotive Motor Oil Market are Chevron Corporation (US), BP PLC (UK), Total (France), China Petroleum & Chemical Corporation (China), Petro‐Canada Lubricants Inc. (Canada), GP Petroleums Ltd (India), Caltex Australia (Australia), Petromin Corporation (Saudi Arabia), China National Petroleum Corporation (China).

Exxon Mobil aims to increase its share in the global automotive motor oil market and expand its revenue by investing in proprietary technologies. It is focused on product development and acquisitions for catering to the changing requirements of the automotive industry. For instance, in June 2018, the company acquired PT Federal Karyatama for strengthening its market position in Indonesia.

Shell is working in collaboration with customers, governments, business partners, investors, and other stakeholders for strengthening its position in the global market. It is focused on producing low-carbon emission automotive motor oil to cater to the changing needs of the automotive industry. It aims to increase its production capacity by acquiring new production sites and expanding its production base by increasing its capital investments, which is expected to reach USD 30 billion by 2020.

ALSO READ : https://sites.google.com/view/automotivemotoroilmarketreview/home

 Segmental Analysis

The global market for automotive motor oil market is segmented based on type, sales channel, and vehicle type. By type, the global automotive motor oil market is segmented into conventional, synthetic blend, full synthetic, and high mileage. The synthetic blend segment held the largest market share in 2018. The synthetic blend is also called semi-synthetic oil, which is manufactured from conventional and synthetic oil. This oil is manufactured to derive the benefits of both synthetic and conventional oil, while reducing their drawbacks. The synthetic blend provides much better protection and performance.

By sales channel, the market is segmented as Quick Lube, Independent Workshop, Maintenance/Repair Shop, FWS/OEM dealership Service Station, Truck Stop. The Quick Lube segment held the largest market share in 2018. Quick lube service center provides quick, easy, and trusted services to customers to maintain their vehicles. The quick lube service center is primarily focused on the optimization of service quality, employee training and linking the manufacturers, dealers, and repair shops with each other.

By vehicle type, the passenger car (PCMO) segment is expected to dominate the market. The increase in demand for passenger cars is primarily driven by the emerging-middle and upper-middle income groups. As the sale of the passenger cars is rapidly increasing, with growing economy of developing regions, the expected global increase in spending capacity all over the world, and the focus on reducing fuel consumption, vehicular pollution, and overall vehicle maintenance and operating cost are expected to raise the demand for automotive motor oil.

ALSO READ : https://marketersmedia.com/over-the-top-content-market-2020-2023-key-findings-covid-19-outbreak-regional-study-emerging-technologies-and-future-prospects/88962284

 Regional Analysis

Geographic analysis of the global automotive motor oil market spans across Europe, Americas, Greater China, Asia-Pacific.

In 2018, Europe dominated with a value of USD 6.31 million metric tons. The regional market value is expected to reach USD 7.47 million metric tons by 2026 with 2.1%CAGR during the forecast period. Europe is one of the prominent markets in the global automotive motor oil market. . The region strategically focuses to achieve a 20% reduction of emission by 2020. The European Union has set several standards for CO2 (carbon dioxide) and CO (carbon monoxide) emissions, which boost the demand for automotive motor oil. Also, manufacturers strategically make investments in the development of automotive motor oil to meet the standard specification regarding emissions. Considering the growing transport sector in Europe, the government agreed to target an emission reduction and set a sustainability-criteria to control fuel emission.The presence of major automotive companies, stringent government norms regarding emission control, and increased investment in the development of automotive motor oil will boost the revenue of Europe/AME during the forecast period. According to the International Trade Centre Statistics of 2018, there has been an increase in the export volume of diesel engines across Europe, which is expected to increase the demand for automotive motor oil. Furthermore, the growing number of service station and distribution facilities along with online sales of motor oil further increases the demand for automotive motor oil in these countries. The UK, Germany, and France are expected to witness steady growth in automotive motor oil market due to the presence of major automotive motor oil manufacturers, increased awareness regarding the replacement of oil to enhance vehicle performance and reduce emission, and the growing demand for fuel-efficient vehicles.

ALSO READ : https://www.medgadget.com/2020/10/breast-feeding-accessories-market-driven-by-the-growing-emphasis-on-the-importance-of-breast-feeding.html

 About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

ALSO READ : https://www.medgadget.com/2020/06/coronavirus-business-impact-tattoo-removal-market-size-2020-global-statistics-pricing-top-laser-company-profile-industry-analysis-upcoming-trends.html

 Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com