Most up-to-date research on "Global Biolubricant Market 2015-2019" to its huge collection of research reports.

Albany, NY -- (SBWire) -- 05/19/2015 --The term biolubricants refers to all lubricants that are nontoxic as well as biodegradable. The rapid depletion of crude oil reserves and issues related to energy conservation and environmental protection have put an emphasis on the development of renewable, biodegradable, and environmentally friendly industrial fluids, such as biolubricants. Biolubricants have a minimum impact on human health and aquatic environment. Lubricants are a key element for industrial and transport applications and more than 95% of the lubricants market is dominated by the low-cost mineral oils. Around 30% of these mineral-based lubricants inevitably end up in the ecosystem and are harmful for environment. Hence, biolubricants being biodegradable are preferred over mineral-based lubricants in terms of environmental safety.

Market analysts forecast the global biolubricants market to grow at a CAGR of 6.3% over the period 2014-2019.

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Covered in this Report

The global biolubricants market is segmented into two divisions based on end-use: automotive and transportation and industrial and commercial. On the basis of raw materials used to manufacture the biolubricants, the market is divided into two divisions: vegetable oil and animal oil.

New report, Global Biolubricants Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

Americas
APAC
EMEA

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Key Vendors

BP
Cargill
China National Petroleum Corporation
Exxon Mobil
Royal Dutch Shell

Other Prominent Vendors

Chevron
Fuchs Petrolub
Total
United Bio Lube

Market Driver

Advantages of biolubricants
For a full, detailed list, view our report

Market Challenge

High cost of biolubricants
For a full, detailed list, view our report

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Market Trend

Development of environment-friendly lubricants
For a full, detailed list, view our report

Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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