Global Marine Lubricants Market is projected to reach USD 6.87 Billion by 2027, at a CAGR of over 2% during the forecast period owing to increasing safety norms, growing global cargo fleets, easy availability of mineral oils and increasing investments for R&D. Based on application, the market has been categorized Engine, Compressor, Hydraulic and Others. In 2021, the engines segment dominated the global marine lubricants market and is expected to grow at the fastest CAGR during the next five years owing to its huge size, high consumption, heat transfer fluids, etc. APAC region led the global marine lubricants market in 2021, in terms of value and is expected to lead over the next five years as well owing to rising infrastructural developments in the shipping industry in the region and the availability of many manufacturers in the region like Royal Dutch Shell Plc., Indian Oil Corporation Ltd., Total S.A., among others. Some of the key players of the marine lubricants market present globally are BP PLC, Sinopec Corporation, Idemitsu Kosan Co. Ltd., and Chevron Corporation, among others.
Some of the leading players in the Global Marine Lubricants Market
- Indian Oil Corporation Ltd.
- BP p.l.c.
- ExxonMobil Corporation
- Chevron Corporation
- Royal Dutch Shell PLC.
- Idemitsu Kosan Co. Ltd
- Sinopec Corporation
- Total SE
- Quepet Lubricants
- Unimarine LLC, etc.
The objective of the Study:
- To analyse and forecast the market size of the Marine Lubricants Market, in terms of value and volume.
- To classify and forecast Global Marine Lubricants Market based on oil type, application, ship type, and regional distribution.
- To identify drivers and challenges for Global Marine Lubricants Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Marine Lubricants Market.
- To conduct the pricing analysis for Marine Lubricants Market.
- To identify and analyze the profile of leading players involved in the manufacturing of the Global Marine Lubricants Market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.
TechSci Research calculated the market size of the Global Marine Lubricants Market using a bottom-up approach, where data for various end-user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Marine Lubricants Manufacturers
- Traders, Distributors, and Suppliers
- End-Users
- Raw Material Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details | |
| Base Year | 2021 | |
| Historical Data | 2017 – 2020 | |
| Estimated Year | 2022 | |
| Forecast Period | 2023 – 2027 | |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F | |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends | |
| Segments covered | Type Application Ship Type | |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa | |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia | |
| Key companies profiled | Indian Oil Corporation Ltd., BP PLC., ExxonMobil Corporation, Chevron Corporation, Royal Dutch Shell PLC., Idemitsu Kosan Co. Ltd., Sinopec Corporation, Total SE, Quepet Lubricants, Unimarine LLC. | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) | |
Report Scope:
In this report, Global Marine Lubricants Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Marine Lubricants Market, By Oil Type:
- Mineral Oil
- Bio-Based
- Synthetic
- Grease
- Marine Lubricants Market, By Application:
- Engine
- Compressor
- Hydraulic
- Others
- Marine Lubricants Market, By Ship Type:
- Tankers
- Cargo Ships
- Container Ships
- Others
- Marine Lubricants Market, By Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Asia Pacific
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Marine Lubricants Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
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Table of Content- Marine Lubricants Market
- Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
4.1. Product Awareness
4.2. Product Pricing
4.3. Challenges & Unmet Needs
- Impact of COVID-19 on Global Marine Lubricants Market
- Global Marine Lubricants Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Oil Type (Mineral Oil, Bio-Based, Synthetic and Grease)
6.2.2. By Application (Engine, Compressor, Hydraulic and Others)
6.2.3. By Ship Type (Tankers, Cargo Ships, Container Ships and Others)
6.3. Product Market Map
- Asia-Pacific Marine Lubricants Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Oil Type
7.2.2. By Application
7.2.3. By Country
7.3. Product Market Map
7.4. Asia-Pacific: Country Analysis
7.4.1. China Marine Lubricants Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value & Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Oil Type
7.4.1.3. Product Market Map
7.4.2. India Marine Lubricants Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value & Volume
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Oil Type
7.4.2.3. Product Market Map
7.4.3. Japan Marine Lubricants Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value & Volume
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Oil Type
7.4.3.3. Product Market Map
7.4.4. South Korea Marine Lubricants Market Outlook
7.4.4.1. Market Size & Forecast
7.4.4.1.1. By Value & Volume
7.4.4.2. Market Share & Forecast
7.4.4.2.1. By Oil Type
7.4.4.3. Product Market Map
7.4.5. Australia Marine Lubricants Market Outlook
7.4.5.1. Market Size & Forecast
7.4.5.1.1. By Value & Volume
7.4.5.2. Market Share & Forecast
7.4.5.2.1. By Oil Type
7.4.5.3. Product Market Map
7.4.6. Singapore Marine Lubricants Market Outlook
7.4.6.1. Market Size & Forecast
7.4.6.1.1. By Value & Volume
7.4.6.2. Market Share & Forecast
7.4.6.2.1. By Oil Type
7.4.6.3. Product Market Map
7.4.7. Malaysia Marine Lubricants Market Outlook
7.4.7.1. Market Size & Forecast
7.4.7.1.1. By Value & Volume
7.4.7.2. Market Share & Forecast
7.4.7.2.1. By Oil Type
7.4.7.3. Product Market Map
- Europe & CIS Marine Lubricants Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Oil Type
8.2.2. By Application
8.2.3. By Country
8.3. Product Market Map
8.4. Europe: Country Analysis
8.4.1. France Marine Lubricants Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value & Volume
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Oil Type
8.4.1.3. Product Market Map
8.4.2. Germany Marine Lubricants Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value & Volume
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Oil Type
8.4.2.3. Product Market Map
8.4.3. United Kingdom Marine Lubricants Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value & Volume
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Oil Type
8.4.3.3. Product Market Map
8.4.4. Italy Marine Lubricants Market Outlook
8.4.4.1. Market Size & Forecast
8.4.4.1.1. By Value & Volume
8.4.4.2. Market Share & Forecast
8.4.4.2.1. By Oil Type
8.4.4.3. Product Market Map
8.4.5. Spain Marine Lubricants Market Outlook
8.4.5.1. Market Size & Forecast
8.4.5.1.1. By Value & Volume
8.4.5.2. Market Share & Forecast
8.4.5.2.1. By Oil Type
8.4.5.3. Product Market Map
- North America Marine Lubricants Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Oil Type
9.2.2. By Application
9.2.3. By Country
9.3. Product Market Map
9.4. North America: Country Analysis
9.4.1. United States Marine Lubricants Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value & Volume
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Oil Type
9.4.1.3. Product Market Map
9.4.2. Mexico Marine Lubricants Market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value & Volume
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Oil Type
9.4.2.3. Product Market Map
9.4.3. Canada Marine Lubricants Market Outlook
9.4.3.1. Market Size & Forecast
9.4.3.1.1. By Value & Volume
9.4.3.2. Market Share & Forecast
9.4.3.2.1. By Oil Type
9.4.3.3. Product Market Map
- South America Marine Lubricants Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Oil Type
10.2.2. By Application
10.2.3. By Country
10.3. Product Market Map
10.4. South America: Country Analysis
10.4.1. Brazil Marine Lubricants Market Outlook
10.4.1.1. Market Size & Forecast
10.4.1.1.1. By Value & Volume
10.4.1.2. Market Share & Forecast
10.4.1.2.1. By Oil Type
10.4.1.3. Product Market Map
10.4.2. Argentina Marine Lubricants Market Outlook
10.4.2.1. Market Size & Forecast
10.4.2.1.1. By Value & Volume
10.4.2.2. Market Share & Forecast
10.4.2.2.1. By Oil Type
10.4.2.3. Product Market Map
10.4.3. Colombia Marine Lubricants Market Outlook
10.4.3.1. Market Size & Forecast
10.4.3.1.1. By Value & Volume
10.4.3.2. Market Share & Forecast
10.4.3.2.1. By Oil Type
10.4.3.3. Product Market Map
- Middle East and Africa Marine Lubricants Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Oil Type
11.2.2. By Application
11.2.3. By Country
11.3. Product Market Map
11.4. MEA: Country Analysis
11.4.1. South Africa Marine Lubricants Market Outlook
11.4.1.1. Market Size & Forecast
11.4.1.1.1. By Value & Volume
11.4.1.2. Market Share & Forecast
11.4.1.2.1. By Oil Type
11.4.1.3. Product Market Map
11.4.2. Saudi Arabia Marine Lubricants Market Outlook
11.4.2.1. Market Size & Forecast
11.4.2.1.1. By Value & Volume
11.4.2.2. Market Share & Forecast
11.4.2.2.1. By Oil Type
11.4.2.3. Product Market Map
11.4.3. UAE Marine Lubricants Market Outlook
11.4.3.1. Market Size & Forecast
11.4.3.1.1. By Value & Volume
11.4.3.2. Market Share & Forecast
11.4.3.2.1. By Oil Type
11.4.3.3. Product Market Map
11.4.4. Qatar Marine Lubricants Market Outlook
11.4.4.1. Market Size & Forecast
11.4.4.1.1. By Value & Volume
11.4.4.2. Market Share & Forecast
11.4.4.2.1. By Oil Type
11.4.4.3. Product Market Map
- Supply Chain Analysis
- Market Dynamics
13.1. Drivers
13.2. Challenges
- Market Trends & Developments
- Policy & Regulatory Landscape
- Competitive Landscape
16.1. Competition Outlook
16.2. Company Profiles (Top 10 Companies)
16.2.1. Indian Oil Corporation Ltd.
16.2.2. BP PLC.
16.2.3. Exxonmobil Corporation,
16.2.4. Chevron Corporation
16.2.5. Royal Dutch Shell PLC.
16.2.6. Idemitsu Kosan Co. Ltd.
16.2.7. Sinopec Corporation
16.2.8. Total S.A.
16.2.9. Quepet Lubricants
16.2.10. Unimarine LLC.