Agricultural Lubricants Market worth 2.48 Billion USD by 2022

1. Agricultural Lubricants Market Global Industry worth 2.48 Billion USD by 2022 Order this Report by calling +1-888-600-6441 OR Send an email to Email: sales@marketsandmarkets.com With your contact details and Question if Any

2. Agricultural Lubricants Market Global Industry worth 2.48 Billion USD by 2022 • The global Agricultural Lubricants Market is projected to grow from an estimated USD 1.96 Billion in 2017 to USD 2.48 Billion by 2022, at a CAGR of 4.8% from 2017 to 2022. • Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=262710114 • Key players operating in the agricultural lubricants market include Chevron (US), ExxonMobil (US), Fuchs Petrolub (Germany), Shell (The Netherlands), Total (France), BP p.l.c. (UK), and Phillips 66 (US), among others. These companies focus on investing in capacity expansions of plants to achieve growth in the agricultural lubricants market. • Governments of various countries grant support to farmers by providing subsidized agricultural equipment. Regional governments are encouraging farmers to adopt modern farming practices by providing guidance and monetary support at different levels to increase food production. This is a major driver of the agricultural lubricants market. Also, increasing mechanization in the agricultural industry is leading to the high demand for agricultural lubricants. Email Sales: sales@marketsandmarkets.com Call Now +1-888-600-6441

3. Agricultural Lubricants Market Global Industry worth 2.48 Billion USD by 2022 The mineral oil lubricants segment is projected to be the largest type segment of the agricultural lubricants market from 2017 to 2022. Mineral oil lubricants are light mixtures of alkanes and cyclic paraffins, and are available in light and heavy grades depending on the usage and requirement. The low cost and versatility of these lubricants is expected to drive the mineral oil lubricants type segment during the forecast period. The engines segment is estimated to be the largest application segment of the agricultural lubricants market in 2017. The use of agricultural lubricants in engines helps protect against sludge and harmful deposits. In addition, the use of lubricants improves the fuel economy of agricultural equipment. Thus, heavy-duty engine oils in agricultural equipment improve engine life apart from delivering long drain capability to engines operating in severe applications. Direct Purchase @ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=262710114 Asia Pacific is expected to be the fastest-growing market for agricultural lubricants during the forecast period. For people in 57% of the countries in the Asia Pacific, agriculture is the prime occupation and source of living. Call Now +1-888-600-6441 Email Sales: sales@marketsandmarkets.com

4. Agricultural Lubricants Market Global Industry worth 2.48 Billion USD by 2022 India is the fastest growing market in this region as subsidies are provided by the Indian government to farmers to help them increase their agricultural output, and thus enable higher profits. This helps farmers in buying agricultural equipment, such as tractors and implements. India is the world’s largest producer of spices, jute, millets, and castor oil seed. It is also the second largest producer of wheat and rice, the main food staples in the world. Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=262710114 High cost of synthetic and bio-based lubricants is a restraint in the agricultural lubricants market. These can be significantly expensive than mineral oil lubricants. Attracting small-scale farmers to use advanced agricultural equipment to increase farm yield is a challenge in the market. There is low awareness and less capital with small farmers who still follow the older farming methods. Call Now +1-888-600-6441 Email Sales: sales@marketsandmarkets.com

5. Agricultural Lubricants Market Global Industry worth 2.48 Billion USD by 2022 Inquire before buy @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=262710114 List of Figures (31 Figures) Figure 1 Agricultural Lubricants Market: Research Design Figure 2 Market Size Estimation: Bottom-Up Approach Figure 3 Market Size Estimation: Top-Down Approach Figure 4 Agricultural Lubricants Market: Data Triangulation Figure 5 Mineral Oil Lubricants Projected to Be the Largest Type Segment Between 2017 and 2022 Figure 6 Engines Segment Projected to Be the Largest Application Between 2017 and 2022 Figure 7 Asia Pacific Estimated to Lead the Agricultural Lubricants Market in 2017 Figure 8 Growth in Farm Mechanization to Drive the Agricultural Lubricants Market Between 2017 and 2022 Figure 9 Asia Pacific Market is Projected to Grow at the Highest Rate During the Forecast Period Figure 10 Engines Application Segment Estimated to Account for the Largest Share of the Asia Pacific Agricultural Lubricants Market in 2017 Email Sales: sales@marketsandmarkets.com Call Now +1-888-600-6441

6. Agricultural Lubricants Market Global Industry worth 2.48 Billion USD by 2022 • About Us • MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Email Sales: sales@marketsandmarkets.com Call Now +1-888-600-6441

7. Agricultural Lubricants Market Global Industry worth 2.48 Billion USD by 2022 • Contact US: Mr. Shelly Singh Markets and Markets Tower No - B5 Magarpatta city, Hadapsar Pune, Maharashtra 411013, India +1-888-600-6441 • Email: sales@marketsandmarkets.com • Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets Email Sales: sales@marketsandmarkets.com Call Now +1-888-600-6441