Synthetic Lubricants (Group IV, Group V) Market Analysis And Segment Forecasts To 2020: Radiant Insights The global market for synthetic lubricants is expected to reach USD 5.54 billion by 2020. Increasing penetration in automobile applications is expected to be a key driving force for the market, particularly in light of positive automotive outlook in India, China, South Korea and Brazil. Endorsement of synthetic oil manufacturers by OEMs is further expected to product boost demand over the forecast period. However, the high cost of synthetic oils in comparison to their mineral counterparts is a key challenge for the development of the market. Engine oils were the largest application segment accounting for 39% of market revenue in 2013. The growing awareness of benefits of synthetic lubricants in terms of engine efficiency is expected to be a key driving factor for the development of the market. Another key application market for synthetic oils was heat transfer fluids in heat exchangers and heavy machinery. To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/synthetic-lubricants-group-iv-group-v-marketanalysis-by-product-pao-esters-pag-by-application-engine-oils-htf-transmission-fluidsmetalworking-fluids-and-segment-forecasts-to-2020 Further key findings from the study suggest:
Global synthetic lubricant demand was 678.1 kilo tons in 2013 and is expected to reach 823.3 kilo tons by 2020, growing at a CAGR 2.90 % from 2014 to 2020. Europe was the largest regional market accounting for 263.5 kilo tons of synthetic lubricant demand in 2013. However, Asia Pacific is expected to witness fastest growth at an estimated CAGR of 3.33% in terms of volume owing to the growing automobile and industrial market in the region. Group IV (PAO) based lubricants were the largest product segment, with demand exceeding 454 kilo tons in 2013. The compatibility of these oils with other mineral oils is a key driver for the development of the market. PAG and Ester based oils offer superior performance as compared to PAO based oils but are significantly expensive resulting in relatively low demand share. The global synthetic lubricants market is fragmented with large number of manufacturers present globally. Key participants include Shell, British Petroleum, Exxon Mobil, Valvoline, Total and Chevron among others.
For the purpose of this study, Grand View Research has segmented the global Synthetic Lubricants market on the basis of application, product and region: Synthetic Lubricants Product Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020) PAO (Polyalphaolefins) Ester PAG (Polyakylene glycol) Synthetic Lubricants Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020) Engine Oils HTF Transmission Fluids Metalworking Fluids Others To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/synthetic-lubricants-group-iv-group-v-marketanalysis-by-product-pao-esters-pag-by-application-engine-oils-htf-transmission-fluidsmetalworking-fluids-and-segment-forecasts-to-2020 Synthetic Lubricants Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 2020) North America Europe Asia Pacific RoW
Table of Contents Chapter 1 Executive Summary 1.1 Synthetic lubricants - Industry Summary & Critical Success Factors (CSFs) Chapter 2 Synthetic Lubricants Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Synthetic Lubricants Value Chain Analysis
2.4 Synthetic Lubricants Market Dynamics 2.4.1 Market driver analysis 2.4.1.1 Growing automotive industry 2.4.1.2 Growing demand in Asia Pacific and South America 2.4.2 Market restraint analysis 2.4.2.1 High Cost 2.5 Key Opportunities Prioritized 2.6 Industry Analysis - Porter's 2.7 Synthetic Lubricants - Company Market Share Analysis 2.8 Synthetic Lubricants - PESTEL Analysis To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/synthetic-lubricants-group-iv-group-v-marketanalysis-by-product-pao-esters-pag-by-application-engine-oils-htf-transmission-fluidsmetalworking-fluids-and-segment-forecasts-to-2020 Chapter 3 Synthetic lubricants Product Outlook 3.1 Group IV (PAO) 3.1.1 Global Group IV lubricants volume and revenue, 2012 - 2020 (Kilo Tons) (USD Million) 3.2 Group V (Esters) 3.2.1 Global Group V (Esters) lubricants volume and revenue, 2012 - 2020 (Kilo Tons) (USD Million) 3.3 Group V (PAG) 3.3.1 Global Group V (PAG) volume and revenue, 2012 - 2020 (Kilo Tons) (USD Million)
Chapter 4 Synthetic Lubricants Application Outlook 4.1 Engine Oils 4.1.1 Demand for synthetic lubricants as engine oils, 2012 - 2020 (Kilo Tons) (USD Million) 4.2 Heat Transfer Fluids (HTF) 4.2.1 Demand for synthetic lubricants as HTF, 2012 - 2020 (Million Kilo Tons) (USD Million) 4.3 Transmission Fluids 4.3.1 Demand for synthetic lubricants as transmission fluids, 2012 - 2020 (Kilo Tons) (USD Million) 4.4 Metalworking Fluids 4.4.1 Demand for synthetic lubricants as metalworking fluids, 2012 - 2020 (Kilo Tons) (USD Million) 4.5 Others 4.5.1 Demand for synthetic lubricants in others application, 2012 - 2020 (Kilo Tons) (USD Million) To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/synthetic-lubricants-group-iv-group-v-marketanalysis-by-product-pao-esters-pag-by-application-engine-oils-htf-transmission-fluidsmetalworking-fluids-and-segment-forecasts-to-2020 Chapter 5 Synthetic Lubricants Regional Outlook 5.1 North America 5.1.1 Synthetic lubricants market volume and revenue, 2012 - 2020, (Kilo Tons) (USD Million) 5.2 Europe 5.2.1 Synthetic lubricants volume and revenue, 2012 - 2020, (Kilo Tons) (USD Million) 5.3 Asia Pacific
5.3.1 Synthetic lubricants volume and revenue, 2012 - 2020, (Kilo Tons) (USD Million) 5.4 RoW 5.4.1 Synthetic lubricants volume and revenue, 2012 - 2020, (Kilo Tons) (USD Million) Chapter 6 Synthetic Lubricants Competitive Landscape 6.1 Exxon Mobil 6.1.1 Company Overview 6.1.2 Financial Performance 6.1.3 Product Benchmarking 6.1.4 Strategic Initiatives 6.2 Shell 6.2.1 Company Overview 6.2.2 Financial Performance 6.2.3 Product Benchmarking 6.2.4 Strategic Initiatives To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/synthetic-lubricants-group-iv-group-v-marketanalysis-by-product-pao-esters-pag-by-application-engine-oils-htf-transmission-fluidsmetalworking-fluids-and-segment-forecasts-to-2020 6.3 British Petroleum 6.3.1 Company Overview 6.3.2 Financial Performance 6.3.3 Product Benchmarking 6.3.4 Strategic Initiatives
6.4 Valvoline 6.4.1 Company Overview 6.4.2 Financial Performance 6.4.3 Product Benchmarking 6.4.4 Strategic Initiatives 6.5 Total 6.5.1 Company Overview 6.5.2 Financial Performance 6.5.3 Product Benchmarking 6.5.4 Strategic Initiatives To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/synthetic-lubricants-group-iv-group-v-marketanalysis-by-product-pao-esters-pag-by-application-engine-oils-htf-transmission-fluidsmetalworking-fluids-and-segment-forecasts-to-2020 6.6 Chevron 6.6.1 Company Overview 6.6.2 Financial Performance 6.6.3 Product Benchmarking 6.6.4 Strategic Initiatives 6.7 Fuchs 6.7.1 Company Overview 6.7.2 Financial Performance 6.7.3 Product Benchmarking 6.7.4 Strategic Initiatives
6.8 Pennzoil 6.8.1 Company Overview 6.8.2 Financial Performance 6.8.3 Product Benchmarking 6.8.4 Strategic Initiatives 6.9 Kendall 6.9.1 Company Overview 6.9.2 Financial Performance 6.9.3 Product Benchmarking 6.9.4 Strategic Initiatives 6.10 Amsoil 6.10.1 Company Overview 6.10.2 Financial Performance 6.10.3 Product Benchmarking 6.10.4 Strategic Initiatives To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/synthetic-lubricants-group-iv-group-v-marketanalysis-by-product-pao-esters-pag-by-application-engine-oils-htf-transmission-fluidsmetalworking-fluids-and-segment-forecasts-to-2020 Chapter 7 Methodology and Scope 7.1 Research Methodology 7.2 Research Scope & Assumption 7.3 List of Data Sources
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