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Lubricants Market for off-road sector was valued at US$13.0 bn in 2015 and is anticipated to reach US$16.8 bn by the end of 2024. During the forecast period of 2016 and 2024, the global market is anticipated to expand at a CAGR of 2.9%.
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Transparency Market Research Lubricants Market for Off-road Sector - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024 133 Page Report Published Date 02-Feb-2017 Request Sample Buy Now Press Release Lubricants Market for Off-road Sector: Increasing Use of Vehicles in Emerging Economies to Offer Growth Opportunities, TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Lubricant Market for Off-road Sector REPORT DESCRIPTION Lubricants Market for Off-road Sector (Source - Mineral Oil-based, Synthetic, and Bio-based; Grade - Single and Multi; Product - Engine Oil, Transmission Fluids, Hydraulic Fluids, Gear Oil, and Grease; End Use - Construction, Agriculture and Farming, Mining, and Material Handling) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 The global market for lubricants for off-road sector is highly competitive and consolidated in nature with a few players holding a key share of the overall market, states a research report by Transparency Market Research. In 2015, the leading players in the global market, namely ExxonMobil Corporation, Royal Dutch Shell Plc., and BP Global collectively held a share of 31.6% and are likely to continue their dominance over the next few years. These players are making efforts to enhance their presence by focusing on the development of new and innovative products. In addition, the improvement of infrastructural facilities is another major factor estimated to encourage the growth of the global lubricants market for off-road sector in the next few years. Furthermore, the increasing investments by the key players in the global market are likely to accelerate the development of the market in the near future. According to the research study by Transparency Market Research, in 2015, the global market for lubricants for off-road sector was worth US$13.0 bn and is estimated to reach a value of US$16.8 bn by 2024. The market is projected to register a healthy 2.90% CAGR between 2016 and 2024. Obtain Report Details @ http://www.transparencymarketresearch.com/lubricants-market-for-offroad- sector.html 2 Transparency Market Research
Lubricant Market for Off-road Sector Flourishing Mining Sector to Encourage Asia Pacific Lubricants Market for Off-road Sector From a regional point of view, in 2015, the North America lubricants market for off-road sector led and held a key share of the overall market. According to the research report, this regional segment is expected to remain in the leading position in the next few years, thanks to the presence of a large number of mining projects and the growing demand for lubricants. On the other hand, Asia Pacific is projected to register an impressive growth rate throughout the forecast period. A significant rise in the mining activities in this region and the developing economies of several nations are anticipated to encourage the growth of the Asia Pacific market for lubricants for off-road sector in the next few years. In terms of grade, the single grade segment is expected to gain immense popularity throughout the forecast period. The increasing use of single grade lubricants is expected to fuel the growth of this segment, owing to which this segment is estimated to account for a key share of the global lubricants market for off-road sector in the next few years. The use of single grade lubricants operates efficiently in a specific temperature range, whereas the multi grade lubricants operate in any temperature. As a result, the latter segment is expected to offer promising growth opportunities in the coming years. Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep _id=18965 Increasing Vehicle Production to Encourage Market Growth The efficiency and performance of vehicles have been significantly affected by the extensive use of brakes and clutch, due to high traffic and tough driving conditions. As a result, the demand for lubricants is expected to grow extensively in order to ensure the easy working of the engines. This is expected to encourage the growth of the global lubricants market for off-road sector throughout the forecast period. In addition, a tremendous rise in the number of vehicles being used in developing economies is another key factor anticipated to accelerate the growth of the overall market in the next few years. On the flip side, the stringent rules and regulations regarding the use of off-road vehicles, especially in Europe and North America are anticipated to restrict the growth of the market in the coming few years. In addition, the developed economies worldwide are focusing on improving public transport, which is likely to hamper the demand for lubricants for off-road sector in the near future. Nonetheless, the rising production of vehicles and the increasing disposable income of consumers in developing 3 Transparency Market Research
Lubricant Market for Off-road Sector economies are estimated to offer potential growth opportunities for the leading players operating in the global lubricants market for off-road sector over the forecast period. Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/lubricants-industry-for- offroad-sector.htm TABLE OF CONTENT Chapter 1 Preface 1.1 Report Scope and Market Segmentation 1.2 Research Objectives Chapter 2 Assumptions and Research Methodology 2.1 Assumptions and Acronyms Used 2.2 Research Methodology Chapter 3 Executive Summary 3.1 Market Size, Indicative (US$ Mn) 3.2 Top 3 Trends 3.3 Top 2 Drivers 3.4 Top Market Restraints 3.5 Total Market Value in US$ Mn Chapter 4 Market Overview 4.1 Product Overview 4.2 Drivers and Restraints Analysis 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 Value Chain Analysis 4.4 Porter's Analysis 4.4.1 Bargaining Power of Suppliers 4.4.2 Threat of Substitutes 4.4.3 Threat of New Entrants 4 Transparency Market Research
Lubricant Market for Off-road Sector 4.4.4 Bargaining Power of Suppliers 4.4.5 Degree of Competition Chapter 5 Global Lubricants Market for Off-road Sector Market, by Source 5.1 Introduction 5.2 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Source 5.3 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Source Chapter 6 Global Lubricants Market for Off-road Sector Analysis, by Grade 6.1 Introduction 6.2 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Grade 6.3 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Grade Chapter 7 Global Lubricants Market for Off-road Sector Analysis, by Product 7.1 Introduction 7.2 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Product 7.3 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Product Chapter 8 Global Lubricants Market for Off-road Sector Analysis, by End-use 8.1 Introduction 8.2 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by End-use 8.3 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by End-use Chapter 9 Global Lubricants Market for Off-road Sector Analysis, by Region 9.1 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Region 9.2 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Region Chapter 10 North America Lubricants Market for Off-road Sector 10.1 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Country 10.2 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Country 10.3 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Source 10.4 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Source 10.5 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Grade 10.6 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Grade 10.7 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Product 10.8 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Product 10.9 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by End-use 10.1 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by End-use 5 Transparency Market Research
Lubricant Market for Off-road Sector Chapter 11 Europe Lubricants Market for Off-road Sector 11.1 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Country 11.2 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Country 11.3 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Source 11.4 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Source 11.5 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Grade 11.6 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Grade 11.7 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Product 11.8 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Product 11.9 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by End-use 11.10 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by End-use Chapter 12 Asia-Pacific Lubricants Market for Off-road Sector 12.1 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Country 12.2 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Country 12.3 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Source 12.4 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Source 12.5 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Grade 12.6 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Grade 12.7 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Product 12.8 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Product 12.9 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by End-use 12.10 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by End-use Chapter 13 Latin America Lubricants Market for Off-road Sector 13.1 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Country 13.2 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Country 13.3 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Source 13.4 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Source 13.5 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Grade 13.6 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Grade 13.7 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Product 13.8 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Product 13.9 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by End-use 13.10 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by End-use Chapter 14 Middle East & Africa Lubricants Market for Off-road Sector 14.1 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Country 14.2 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Country 6 Transparency Market Research
Lubricant Market for Off-road Sector 14.3 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Source 14.4 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Source 14.5 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Grade 14.6 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Grade 14.7 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by Product 14.8 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by Product 14.9 Lubricants Market for Off-road Sector Volume (Kilo Tons) Forecast, by End-use 14.10 Lubricants Market for Off-road Sector Revenue (US$ Mn) Forecast, by End-use Browse All ChemicalsMarket Research Reports: http://www.transparencymarketresearch.com/chemical-market-reports-2.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward- looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Us Transparency Market Research 90 State Street, Suite 700, Albany, NY – 12207 United States Tel: +1-518-618-1030 , USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse The Market Research Blog: http://marketresearchreports2017.blogspot.in 7 Transparency Market Research