Global Marine Lubricants Market: Growth of Shipping Industry to Create Attractive Opportunities, Reports TMR
With no clear leader, the global market for marine lubricants demonstrates a fragmented landscape, states a new research report by Transparency Market Research (TMR). In 2015, the top seven companies, namely, Royal Dutch Shell plc, ExxonMobil Corp., LUKOIL Marine Lubricants DMCC BP Plc, Chevron Corp., FUCHS, and Total Lubmarine, collectively, accounted for only 49.4% of the overall market. The increase in the profit margin, together with, the high growth potential in the coming years is attracting new local and international...
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