Researchmoz added Most up-to-date research on "Global Synthetic Lubricants Market Expected To Reach At A CAGR Of 2.5% During The Forecast Period 2019-2025" to its huge collection of research reports.
Synthetic lubricant consists of chemical compounds that are artificially made using modified petroleum components
The high growth of synthetic lubricant is owed to consumer awareness in developed countries of North America and Western Europe. The majority of the garage owners, technicians, and automotive engineers in these regions are well aware of the high performance benefits offered by synthetic lubricants over conventional mineral oil lubricants.
Moreover, strong OEM recommendation to use high performance lubricants coupled with the stringent emission control regulations in these countries is also driving the demand for synthetic lubricants.
The global Synthetic Lubricants market is valued at 31 million US$ in 2018 is expected to reach 38 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2019-2025.
Get Free PDF For More Technical Insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=2156700
This report focuses on Synthetic Lubricants volume and value at global level, regional level and company level. From a global perspective, this report represents overall Synthetic Lubricants market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Make an Enquiry of this report @ https://www.researchmoz.us/enquiry.php?type=E&repid=2156700
The following manufacturers are covered:
Exxonmobil
Shell
DOW
Fuchs
Total Lubricants
Idemitsu
BP
Pennzoil
Chevron
Lubrizol
Segment by Regions
North America
Europe
China
Japan
Segment by Type
PAO (Polyalphaolefin)
Esters
Group III (Hydro Cracking)
PAG (Polyalkylene Glycol)
Segment by Application
Engine Oil
Metalworking Fluids
Industrial
Synthetic lubricant consists of chemical compounds that are artificially made using modified petroleum components
The high growth of synthetic lubricant is owed to consumer awareness in developed countries of North America and Western Europe. The majority of the garage owners, technicians, and automotive engineers in these regions are well aware of the high performance benefits offered by synthetic lubricants over conventional mineral oil lubricants.
Moreover, strong OEM recommendation to use high performance lubricants coupled with the stringent emission control regulations in these countries is also driving the demand for synthetic lubricants.
The global Synthetic Lubricants market is valued at 31 million US$ in 2018 is expected to reach 38 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2019-2025.
Get Free PDF For More Technical Insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=2156700
This report focuses on Synthetic Lubricants volume and value at global level, regional level and company level. From a global perspective, this report represents overall Synthetic Lubricants market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Make an Enquiry of this report @ https://www.researchmoz.us/enquiry.php?type=E&repid=2156700
The following manufacturers are covered:
Exxonmobil
Shell
DOW
Fuchs
Total Lubricants
Idemitsu
BP
Pennzoil
Chevron
Lubrizol
Segment by Regions
North America
Europe
China
Japan
Segment by Type
PAO (Polyalphaolefin)
Esters
Group III (Hydro Cracking)
PAG (Polyalkylene Glycol)
Segment by Application
Engine Oil
Metalworking Fluids
Industrial
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