Global and China Synthetic Industrial Lubricants Market Insights, Forecast to 2027

This market is driven by large-scale industrial growth in Asia Pacific and the Middle East and Africa, and the rise of process automation in most industries. Based on the base oil, the global industrial lubricants market is divided into mineral oil, synthetic oil and bio-based oil. Mineral oil is the largest sector in the industrial lubricants industry. This is mainly due to its ease of use and low cost. However, due to its advanced properties, the compound oil sector is expected to have the highest CAGR during the forecast period.

Market Analysis and Insights: Global and China Synthetic Industrial Lubricants Market
This report focuses on global and China Synthetic Industrial Lubricants market.
In 2020, the global Synthetic Industrial Lubricants market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In China the Synthetic Industrial Lubricants market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Synthetic Industrial Lubricants Scope and Market Size
Synthetic Industrial Lubricants market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Synthetic Industrial Lubricants market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Synthetic Industrial Lubricants market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Hydraulic Fluid
Metalworking Fluid
Gear Oil
Compressor Oil
Grease
Turbine Oil
Others

Segment by Application
Metals and Mining
Cement Production
chemicals
Petroleum and Natural Gas
Other

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Royal Dutch Shell
ExxonMobil
BP p.l.c.
Chevron Corporation
Total S.A.
PetroChina Company Limited
Idemitsu Kosan Co. Ltd.
Sinopec Limited