“ Global
Biolubricant
Market 2015-2019 ” is the latest addition to
MarketResearchReports.Biz industry research reports collection.
About Biolubricants
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.
TechNavio's 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.
TechNavio's 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
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
Market Challenge :
High cost of biolubricants
Market Trend :
Development of environment-friendly lubricants
Table of Content :
PART 01: Executive summary
Highlights
PART 02: Scope of the
report
Market overview
Top-vendor offerings
PART 03: Market research
methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
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