Fast Market Research announces the availability of the new TechNavio report,"Global Industrial Lubricants Market 2016-2020", on their comprehensive research portal

Boston, MA -- (SBWire) -- 01/12/2017 --Lubricants play a vital role in sectors such as automotive, manufacturing, aviation, and marine. They are used in both new and old machines and equipment to reduce friction, which increases with time because of wear and tear of surfaces. Manufacturers are focusing on methods to improve efficiency and effectiveness of lubricants as it will reduce the maintenance cost of machines and equipment and increase their lifespan.

Technavio's analysts forecast the global industrial lubricants market to grow at a CAGR of 2.80% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial lubricants market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of industrial lubricants in the market.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Industrial Lubricants Market 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Get More Details on this Report and a Full Table of Contents at Global Industrial Lubricants Market 2016-2020

Key vendors

-BP
-Castrol
-ExxonMobil
-Shell
-Total

Other prominent vendors

-Apar Industries
-Chevron
-CITGO
-Columbia Petro Chem
-Fuchs Lubricants
-Gazprom
-Idemitsu Kosan
-LIQUI MOLY
-Lubrizol
-LUKOIL
-Pertamina
-Petrobras
-PetroChina
-Sinopec
-SK Lubricants

Market driver

-Rise in process automation
-For a full, detailed list, view our report

Market challenge

-Weak global economic outlook
-For a full, detailed list, view our report

Market trend

-Bio-lubricants: Eco-friendly source of fuel
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: BP, Castrol, ExxonMobil, Shell, Total, Apar Industries, Chevron, CITGO, Columbia Petro Chem, Fuchs Lubricants, Gazprom, Idemitsu Kosan, LIQUI MOLY, Lubrizol, LUKOIL, Pertamina, Petrobras, PetroChina, Sinopec, SK Lubricants

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