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Offshore Lubricants Market Size : Size, Analysis, and Forecast Report 2020

Offshore Lubricants Market Size : Size, Analysis, and Forecast Report 2020<br>

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Offshore Lubricants Market Size : Size, Analysis, and Forecast Report 2020

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  1. ©2019 Transparency Market Research, All Rights Reserved Offshore Lubricants Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2020 ©2019 Transparency Market Research, All Rights Reserved

  2. ©2019 Transparency Market Research, All Rights Reserved About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insightfor thousands of decision-makers. Wehavean experienced team of Analysts, Researchers, and Consultants, who useproprietary data sources and various tools and techniques to gather and analyzeinformation. Our business offerings representthelatest and themostreliableinformationindispensableforbusinessestosustaina competitiveedge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. Thesereports providein-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reportsstriveto serveclients and satisfytheir overallresearchrequirement.

  3. ©2019 Transparency Market Research, All Rights Reserved Offshore Lubricants Market: Overview • Transparency Market Research has published a new market study on the global offshore lubricantsmarketthatdelvesintothe developmentsin thismarket from 2014 to 2020. • The report provides a detailed overview of trends, opportunities, and product innovation that willmark the growth ofthismarket duringthe forecast period. • Accordingto the report, the globaloffshore lubricantsmarket stood atUS$110.9 mn in 2013. • Registering a CAGR of 7.07% from 2014 to 2020, this market is expected to reach a valuation ofUS$183.5 mn by the endof 2020. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

  4. ©2019 Transparency Market Research, All Rights Reserved Increase in Investment in Asia Pacific and Latin American Countries to Boost Growth • Lubricant is one of the indispensable elements required for the smooth andefficient functioningof machineries. • Lubricants perform various functions such as reduce wear and tear, remove friction andact ascoolant. • Use of appropriate lubricant increases the lifespan of a machine. Moreover,lubricantshelpimprovethe efficiency ofa process. • Lubricants used in offshore rigs and FPSOs are expected to perform under extreme conditions. Lubricants reduce the maintenance time, thereby saving the cost of production.

  5. ©2019 Transparency Market Research, All Rights Reserved Offshore Lubricants Market Segmentation • Engine oil was the dominant application segment in the offshore lubricants market in 2013. • Offshore rigs and FPSOs are located far from the land without any connectivity from the grid lines. • These use diesel engines to generate electricity and power the machinery onboard. • There are approximately four to six diesel engines on every offshore rig and FPSO. ©2019 Transparency Market Research, All Rights Reserved

  6. ©2019 Transparency Market Research, All Rights Reserved Leading vendors operating in the lubricants market • • • • • • • • Royal Dutch Shell plc Gulf Oil Marine Limited BP plc ExxonMobil Corporation Chevron Corporation Lukoil Oil Company Sinopec Limited Total S.A. ©2019 Transparency Market Research, All Rights Reserved

  7. ©2019 Transparency Market Research, All Rights Reserved To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact: Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY –12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U

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