Dublin, March 30, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/7f6lbj/global_lubricants) has announced the addition of the "Global Lubricants Market 2015-2019" report to their offering.
The report, Global Lubricants Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Lubricants market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major trends emergiung in this market is the development of environmentally friendly lubricants. Bio-based lubricants leave minimal trace in the environment, thus preventing toxicity and bioaccumulation. Many vendors are focusing on bioaccumulation and eco-toxicity to reduce adverse impacts on the environment.
According to the report, the Global Lubricants market is mainly driven by increased demand from the automotive industry, the largest end-user for lubricants. The use of lubricants increases the performance and fuel efficiency of a vehicle. Lubricants are used for smoothening the movement of the moving parts of a vehicle.
Further, the report states that negative impact of lubricants on the environment is one key growth inhibitor. Mineral oil-based lubricants contain toxic elements that take a long time to decompose. These lubricants are harmful to plants and wildlife ecosystems.
The Global Lubricants market can be segmented into four:
- Mineral-based
- Oil-based
- Synthetic
- Bio-based
Key Vendors
- BP
- China National Petroleum Corporation
- Exxon Mobil
- Royal Dutch Shell
- Saudi Aramco
Other Prominent Vendors
- Fuchs Petrolub
- Gazprom
- Idemitsu Kosan
- JX Holdings
- NK Lukoil
- PetroChina
- Petronas Chemicals Group
- Sinopec
- Total
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Type
- Market Segmentation by Application
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/7f6lbj/global_lubricants