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The study segments the construction lubricants industry in light of major classification such as product type, potential markets, application, and end-user.
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Construction Lubricants Market To Reach USD 18.32 Billion By 2026
Market Summary The increasing construction activities across the globe, coupled with the rising population and changing lifestyles are propelling the growth of the market. Market Size – USD 13.40 Billion in 2018, Market Growth - CAGR of 3.9%, Market Trends – The booming infrastructure industry. The global construction lubricants market is forecast to reach USD 18.32 Billion by 2026, according to a new report by Reports and Data. Construction equipment, such as dump trucks, bulldozers, and shovels, among others, are subjected to harsh conditions. Exposure to extreme heat, moisture, cold, dust, and dirt can lead to equipment failure. Lubrication of the equipment can help eliminate the downtime and reduce the operating costs, keeping the lubricant contaminant-free.
Our Approach Our Approach Market Summary The increasing construction activities across the globe, coupled with the rising population and changing lifestyles are propelling the growth of the market. Rapid urbanization will also drive the demand for construction lubricants during the forecast period. Moreover, the worldwide demand for high-efficiency and quality lubricants will contribute to the growth of the market. The construction industry in Europe contributes to the growth of the global market. Spain, Turkey, and the United Kingdom are expected to witness the fastest growth rates for the consumption of lubricants, owing to the increasing commercial and public infrastructure investments. The growing infrastructure projects and the modernization of the transport infrastructure in the Eastern European countries are expected to be the driving factors for the growth of the market in the region. Requestfor a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1910
Our Approach Our Approach Market Summary Key participants Lukoil, Petrochina Company, Indian Oil Corporation, Fuchs Petrolub SE, Sinopec, Morris Lubricants, Phillips 66 Company, Bel-Ray Company LLC., Valvoline, Penrite Oil, ENI SPA, Liqui Moly GmbH, Lubrication Engineers, Inc., Addinol Lube Oil GmbH, Lubricating Specialties Company, FUCHS, Schaeffer Manufacturing Co., Southern Lubrication (Pvt) Ltd., AFRILUBE, QALCO, and Leahy-Wolf, among others. Lubricant type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026) • Hydraulic Fluid • Engine Oil • Gear Oil • Automatic Transmission Fluid (ATF) • Others Base oil Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026) • Mineral Oil • Synthetic Oil
Our Approach Our Approach Market Summary End-Use Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026) • Material Handling Equipment • Heavy Construction Vehicles • Earthmoving Equipment • Others Regional Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026) • North America • Europe • Asia Pacific • MEA • Latin America Order Now: https://www.reportsanddata.com/checkout-form/1910
About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com