Albany, NY -- (SBWIRE) -- 09/11/2019 -- Market Research Hub (MRH) has actively included a new research study titled Global Agricultural Lubricant Market Research Report 2019-2025 to its wide online repository. The concerned market is discoursed based on a variety of market influential factors such as drivers, opportunities and restraints. This study tends to inform the readers about the current as well as future market scenarios extending up to the period until forecast period limit; 2025. In addition, a deep analysis of the competitive landscape, including prime market players is also enclosed in this report.
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Lubricant is a substance, usually organic, introduced to reduce friction between surfaces in mutual contact, which ultimately reduces the heat generated when the surfaces move. It may also have the function of transmitting forces, transporting foreign particles, or heating or cooling the surfaces. The property of reducing friction is known as lubricity.
The mineral oil lubricants segment is projected to be the largest type segment of the agricultural lubricants market from 2018 to 2025. Mineral oil lubricants are light mixtures of alkanes and cyclic paraffins, and are available in light and heavy grades depending on the usage and requirement. The low cost and versatility of these lubricants is expected to drive the mineral oil lubricants type segment during the forecast period.
The engines segment is estimated to be the largest application segment of the agricultural lubricants market in 2017. The use of agricultural lubricants in engines helps protect against sludge and harmful deposits. In addition, the use of lubricants improves the fuel economy of agricultural equipment. Thus, heavy-duty engine oils in agricultural equipment improve engine life apart from delivering long drain capability to engines operating in severe applications.
Asia Pacific is expected to be the fastest-growing market for agricultural lubricants during the forecast period. For people in 60% of the countries in the Asia Pacific, agriculture is the prime occupation and source of living. India is the fastest growing market in this region as subsidies are provided by the Indian government to farmers to help them increase their agricultural output, and thus enable higher profits. This helps farmers in buying agricultural equipment, such as tractors and implements. India is the worlds largest producer of spices, jute, millets, and castor oil seed. It is also the second largest producer of wheat and rice, the main food staples in the world.
In 2019, the market size of Agricultural Lubricant is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Agricultural Lubricant.
This report studies the global market size of Agricultural Lubricant, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Agricultural Lubricant production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Witham Oil and Paint
Royal Precision Lubricants
Market Segment by Product Type
Mineral Oil Lubricant
Market Segment by Application
Gear & Transmission
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
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Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Agricultural Lubricant Market Size Growth Rate by Type (2019-2025)
1.3.2 Mineral Oil Lubricant
1.3.3 Synthetic Lubricant
1.3.4 Bio-based Lubricant
1.4 Market Segment by Application
1.4.1 Global Agricultural Lubricant Market Share by Application (2019-2025)
1.4.3 Gear & Transmission
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Agricultural Lubricant Production Value 2014-2025
2.1.2 Global Agricultural Lubricant Production 2014-2025
2.1.3 Global Agricultural Lubricant Capacity 2014-2025
2.1.4 Global Agricultural Lubricant Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2019-2025
2.2.1 Global Agricultural Lubricant Market Size CAGR of Key Regions
2.2.2 Global Agricultural Lubricant Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Agricultural Lubricant Capacity by Manufacturers
3.1.2 Global Agricultural Lubricant Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Agricultural Lubricant Revenue by Manufacturers (2014-2019)
3.2.2 Agricultural Lubricant Revenue Share by Manufacturers (2014-2019)
3.2.3 Global Agricultural Lubricant Market Concentration Ratio (CR5 and HHI)
3.3 Agricultural Lubricant Price by Manufacturers
3.4 Key Manufacturers Agricultural Lubricant Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Agricultural Lubricant Market
3.6 Key Manufacturers Agricultural Lubricant Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
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