Global Industrial Lubricants Market Growth at CAGR of 2.8%, 2016-2020: Key Vensors are BP, Castrol, ExxonMobil, Shell & Total

Dublin, Jan. 05, 2017 -- Research and Markets has announced the addition of the "Global Industrial Lubricants Market 2016-2020" report to their offering.

The global industrial lubricants market to grow at a CAGR of 2.80% during the period 2016-2020.

Global Industrial Lubricants Market 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers for this market is rise in process automation. The demand for products that are superior in quality is increasing due to globalization and population growth. As a result, companies are implementing automation in their manufacturing units. Investment in global process automation is expected to continue to grow at 6% and is projected to reach $120 billion by 2019. This growth is focused in automation of areas such as technology, hardware, software, services, and communication protocol.

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Key vendors

• BP
• Castrol
• ExxonMobil
• Shell
• Total

Other prominent vendors

• Apar Industries
• Chevron
• CITGO
• Columbia Petro Chem
• Fuchs Lubricants
• Gazprom
• Idemitsu Kosan
• LIQUI MOLY
• Lubrizol
• LUKOIL
• Pertamina
• Petrobras
• PetroChina
• Sinopec
• SK Lubricants

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by product type

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Bio-based lubricants: Eco-friendly source of fuel

Part 13: Vendor landscape

Part 14: Key vendor analysis

Part 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/l4q6bm/global_industrial

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         Related Topics: Lubricants and Greases