Offshore Lubricants Industrial and Market studies - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
"Offshore
Lubricants Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2016 - 2020"
The Report covers current Market Trends, Worldwide Analysis, Global
Forecast, Review, Share, Size, Growth, Effect.
Description-
Lubricants
are essential for the proper functioning of machines. These are used
to reduce friction and wear and tear in different operating parts of
machines. Lubricants offer different properties such as high
viscosity index, high boiling point, corrosion prevention, low
freezing point, thermal stability and high resistance to oxidation.
Lubricants also remove any residual deposition over mechanical parts,
thereby increasing their operating lifespan. Lubricants enable smooth
operation of mechanical parts and provide higher efficiency outputs.
These
are manufactured from base oils. Some additives are used in base oils
to attain desired properties. Offshore lubricants are predominantly
manufactured from mineral oils. Synthetic lubricants are being widely
used as these are compatible with the environment and offer technical
benefits over conventional mineral oil-based lubricants. These
lubricant products offer high performance with outstanding engine
protection, require less maintenance and have greater operating
efficiency. Machines and components require a specific type of
lubricant as per the operating need.
Several
machineries or equipment in offshore rigs and FPSOs require
lubrication for proper functioning. Heavy equipment used in these
units include cranes, diesel engines and hydraulic lifts. Increasing
demand for lubricants in these units can be attributed to rise in
offshore drilling and production activities.
The
offshore lubricants market research study analyzes the global demand
for offshore lubricants along with estimates and forecasts for the
market in terms of consumption. The report estimates revenue (USD
Million) and volume (Kilo Tons) of offshore lubricants by various
end-users. The market for offshore lubricants has been segmented
based on end-users (offshore rigs and FPSOs) and applications (engine
oil, hydraulic oil, gear oil, grease, and others. Market data for all
segments has been provided on the regional level for the period from
2013 to 2020. The report also comprises a comprehensive competitive
landscape that includes market share analysis of companies.
Furthermore, the report analyzes major drivers and restraints for the
offshore lubricants market and highlights potential opportunities.
Drivers, restraints and opportunities for the market have been
provided after in-depth analysis of the oil and gas industry.
Key
end-user segments analyzed in the report include offshore rigs and
FPSOs. Offshore lubricant applications estimated and forecasted in
this study include hydraulic oil, engine oil, grease, and others
(turbine oil, compressor oil, etc.). The data has been provided for
North America, Europe, the Middle East, Asia Pacific and Rest of the
World (RoW).
The
study analyzes market competition using Porter’s five forces model
and describes the impact of buyers, suppliers, threat of substitutes,
threat of new entrants and market competition. Porter’s five forces
model is designed based on market dynamics along with the micro and
macro economic factors that affect offshore lubricant companies
operating globally. The report also includes detailed value chain
analysis of the offshore lubricants market. Market attractiveness
analysis prepared for end-user (offshore rigs and FPSOs) segments
helps in estimating the most profitable segment for investment. Key
players in the offshore lubricants market include BP plc, Royal Dutch
Shell, ExxonMobil, Total Lubmarine, and Chevron Corporation. The
report provides an overview of these companies along with financial
revenue (subject to availability), business strategies and recent
developments.
Offshore
Lubricants Market: End User Segment Analysis
Offshore rigsFPSO
Offshore
Lubricants Market: Application Segment Analysis
Engine oilHydraulic oil
Gear oil
Grease
Others (turbine oil, compressor oil, circulating oil, etc.)
Offshore
Lubricants Market: Regional Analysis
North AmericaEurope
Middle East
Asia Pacific
RoW (Rest of the World)
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