North America Marine Lubricants Market 2021-2031 by Product Type (Mineral, Synthetic, Bio-Based, Grease), Application (Engine, Motors, Gear, Hydraulic, Air Compressor, Others), End Use (Bulk Carriers, Tankers, Container Ships, General Cargo, Others), and Country: Trend Forecast and Growth Opportunity
North America marine lubricants market is projected to grow by 3.0% annually in the forecast period and reach $1,014.9 million by 2031,
- Bonafide Trust
- 31-12-2022
- Pages : 119
- Figures : 62
- Tables : 23
- Region : North America
- Category : Automotive & Transport
- Automotive Parts
North America marine lubricants market is projected to grow by 3.0% annually in the forecast period and reach $1,014.9 million by 2031, driven by the increasing demand for marine lubricants from the shipping industry and its increasing maintenance cost for fuel-saving and cost reduction, the increasing expenditure in marine defense vessels, an increase in demand for bio-based eco-friendly marine lubricants, the emerging emission abatement technologies, and the growth in maritime tourism and the infrastructural developments. Highlighted with 23 tables and 62 figures, this 119-page report “North America Marine Lubricants Market 2021-2031 by Product Type (Mineral, Synthetic, Bio-Based, Grease), Application (Engine, Motors, Gear, Hydraulic, Air Compressor, Others), End Use (Bulk Carriers, Tankers, Container Ships, General Cargo, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America marine lubricants market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America marine lubricants market in every aspect of the classification from perspectives of Product Type, Application, End Use, and Country.
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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleBased on Product Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (thousand tons) for 2021-2031 included in each section. • Mineral Oil • Synthetic Oil • Bio-Based Oil Based on Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (thousand tons) for 2021-2031 included in each section. • Engine System • Motors & Auxiliaries • Gear System • Hydraulic System • Air Compressor • Other Applications By End Use, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (thousand tons) for 2021-2031 included in each section. • Bulk Carriers • Tankers • Container Ships • General Cargo • Other End Uses
Geographically, the following national/local markets are fully investigated: • U.S. • Canada • Mexico For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Product Type, Application and End Use over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Selected Key Players: BP Plc Castrol Chevron Corporation Eni S.p.A ExxonMobil Corporation Fuchs Lubritech GmbH Gulf Oil International Ltd. Idemitsu Kosan Co., Ltd. Indian Oil Corporation Ltd. Jx Nippon Oil & Energy Corporation Kluber Lubrication LUKOIL Lubricants Company Penrite Oil PJSC Lukoil Oil Corporation QUEPET Lubricants Repsol SA Shell plc Sinopec Corporation TotalEnergies SE Valvoline Inc. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Table of Contents
- 1 Introduction 6
- 1.1 Industry Definition and Research Scope 6
- 1.1.1 Industry Definition 6
- 1.1.2 Research Scope 7
- 1.2 Research Methodology 10
- 1.2.1 Overview of Market Research Methodology 10
- 1.2.2 Market Assumption 11
- 1.2.3 Secondary Data 11
- 1.2.4 Primary Data 11
- 1.2.5 Data Filtration and Model Design 12
- 1.2.6 Market Size/Share Estimation 13
- 1.2.7 Research Limitations 14
- 1.3 Executive Summary 15
- 2 Market Overview and Dynamics 18
- 2.1 Market Size and Forecast 18
- 2.1.1 Impact of COVID-19 on World Economy 20
- 2.1.2 Impact of COVID-19 on the Market 22
- 2.2 Major Growth Drivers 24
- 2.3 Market Restraints and Challenges 30
- 2.4 Emerging Opportunities and Market Trends 33
- 2.5 Porter’s Fiver Forces Analysis 37
- 3 Segmentation of North America Market by Product Type 41
- 3.1 Market Overview by Product Type 41
- 3.2 Mineral Oil 45
- 3.3 Synthetic Oil 47
- 3.4 Bio-Based Oil 49
- 3.5 Grease 51
- 4 Segmentation of North America Market by Application 53
- 4.1 Market Overview by Application 53
- 4.2 Engine System 57
- 4.3 Motors & Auxiliaries 59
- 4.4 Gear System 61
- 4.5 Hydraulic System 63
- 4.6 Air Compressor 65
- 4.7 Other Applications 67
- 5 Segmentation of North America Market by End Use 69
- 5.1 Market Overview by End Use 69
- 5.2 Bulk Carriers 74
- 5.3 Tankers 76
- 5.4 Container Ships 78
- 5.5 General Cargo 80
- 5.6 Other End Uses 82
- 6 North America Market 2021-2031 by Country 84
- 6.1 Overview of North America Market 84
- 6.2 U.S. 87
- 6.3 Canada 90
- 6.4 Mexico 92
- 7 Competitive Landscape 94
- 7.1 Overview of Key Vendors 94
- 7.2 New Product Launch, Partnership, Investment, and M&A 97
- 7.3 Company Profiles 98
- BP Plc 98
- Castrol 100
- Chevron Corporation 101
- Eni S.p.A 102
- ExxonMobil Corporation 103
- Fuchs Lubritech GmbH 104
- Gulf Oil International Ltd. 105
- Idemitsu Kosan Co., Ltd. 106
- Indian Oil Corporation Ltd. 107
- Jx Nippon Oil & Energy Corporation 108
- Kluber Lubrication 109
- LUKOIL Lubricants Company 110
- Penrite Oil 111
- PJSC Lukoil Oil Corporation 112
- QUEPET Lubricants 113
- Repsol SA 114
- Shell plc 115
- Sinopec Corporation 116
- TotalEnergies SE 117
- Valvoline Inc. 118
- RELATED REPORTS 119
Figure 1. Research Method Flow Chart 10
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 15
Figure 4. North America Marine Lubricants Market, 2021-2031, $ mn 18
Figure 5. North America Marine Lubricants Market, 2021-2031, thousand tons 19
Figure 6. Impact of COVID-19 on Business 22
Figure 7. Primary Drivers and Impact Factors of North America Marine Lubricants Market 24
Figure 8. World Shipbuilding Capacity by Country, 2013 – 2026F, million CGT 27
Figure 9. Fleet Market by Region of Beneficial Ownership, 2022, Millions of dead-weight tons 27
Figure 10. World Crude Oil Production, 2000-2021, million tons 29
Figure 11. Primary Restraints and Impact Factors of North America Marine Lubricants Market 30
Figure 12. Investment Opportunity Analysis 34
Figure 13. Porter’s Fiver Forces Analysis of North America Marine Lubricants Market 37
Figure 14. Breakdown of North America Marine Lubricants Market by Product Type, 2021-2031, % of Revenue 42
Figure 15. North America Addressable Market Cap in 2022-2031 by Product Type, Value ($ mn) and Share (%) 42
Figure 16. Breakdown of North America Marine Lubricants Market by Product Type, 2021-2031, % of Volume 44
Figure 17. North America Addressable Market Cap in 2022-2031 by Product Type, Volume (thousand tons) and Share (%) 44
Figure 18. North America Marine Lubricants Market by Product Type: Mineral Oil, 2021-2031, $ mn 45
Figure 19. North America Marine Lubricants Market by Product Type: Mineral Oil, 2021-2031, thousand tons 46
Figure 20. North America Marine Lubricants Market by Product Type: Synthetic Oil, 2021-2031, $ mn 47
Figure 21. North America Marine Lubricants Market by Product Type: Synthetic Oil, 2021-2031, thousand tons 48
Figure 22. North America Marine Lubricants Market by Product Type: Bio-Based Oil, 2021-2031, $ mn 49
Figure 23. North America Marine Lubricants Market by Product Type: Bio-Based Oil, 2021-2031, thousand tons 50
Figure 24. North America Marine Lubricants Market by Product Type: Grease, 2021-2031, $ mn 51
Figure 25. North America Marine Lubricants Market by Product Type: Grease, 2021-2031, thousand tons 52
Figure 26. Breakdown of North America Marine Lubricants Market by Application, 2021-2031, % of Sales Revenue 54
Figure 27. North America Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 54
Figure 28. Breakdown of North America Marine Lubricants Market by Application, 2021-2031, % of Sales Volume 56
Figure 29. North America Addressable Market Cap in 2022-2031 by Application, Volume (thousand tons) and Share (%) 56
Figure 30. North America Marine Lubricants Market by Application: Engine System, 2021-2031, $ mn 57
Figure 31. North America Marine Lubricants Market by Application: Engine System, 2021-2031, thousand tons 58
Figure 32. North America Marine Lubricants Market by Application: Motors & Auxiliaries, 2021-2031, $ mn 59
Figure 33. North America Marine Lubricants Market by Application: Motors & Auxiliaries, 2021-2031, thousand tons 60
Figure 34. North America Marine Lubricants Market by Application: Gear System, 2021-2031, $ mn 61
Figure 35. North America Marine Lubricants Market by Application: Gear System, 2021-2031, thousand tons 62
Figure 36. North America Marine Lubricants Market by Application: Hydraulic System, 2021-2031, $ mn 63
Figure 37. North America Marine Lubricants Market by Application: Hydraulic System, 2021-2031, thousand tons 64
Figure 38. North America Marine Lubricants Market by Application: Air Compressor, 2021-2031, $ mn 65
Figure 39. North America Marine Lubricants Market by Application: Air Compressor, 2021-2031, thousand tons 66
Figure 40. North America Marine Lubricants Market by Application: Other Applications, 2021-2031, $ mn 67
Figure 41. North America Marine Lubricants Market by Application: Other Applications, 2021-2031, thousand tons 68
Figure 42. Breakdown of North America Marine Lubricants Market by End Use, 2021-2031, % of Sales Revenue 70
Figure 43. North America Addressable Market Cap in 2022-2031 by End Use, Value ($ mn) and Share (%) 70
Figure 44. Breakdown of North America Marine Lubricants Market by End Use, 2021-2031, % of Sales Volume 72
Figure 45. North America Addressable Market Cap in 2022-2031 by End Use, Volume (thousand tons) and Share (%) 72
Figure 46. World Fleet by Principal Vessel Type, 1981-2022, Millions of dead-weight tons 73
Figure 47. North America Marine Lubricants Market by End Use: Bulk Carriers, 2021-2031, $ mn 74
Figure 48. North America Marine Lubricants Market by End Use: Bulk Carriers, 2021-2031, thousand tons 75
Figure 49. North America Marine Lubricants Market by End Use: Tankers, 2021-2031, $ mn 76
Figure 50. North America Marine Lubricants Market by End Use: Tankers, 2021-2031, thousand tons 77
Figure 51. North America Marine Lubricants Market by End Use: Container Ships, 2021-2031, $ mn 78
Figure 52. North America Marine Lubricants Market by End Use: Container Ships, 2021-2031, thousand tons 79
Figure 53. North America Marine Lubricants Market by End Use: General Cargo, 2021-2031, $ mn 80
Figure 54. North America Marine Lubricants Market by End Use: General Cargo, 2021-2031, thousand tons 81
Figure 55. North America Marine Lubricants Market by End Use: Other End Uses, 2021-2031, $ mn 82
Figure 56. North America Marine Lubricants Market by End Use: Other End Uses, 2021-2031, thousand tons 83
Figure 57. Breakdown of North America Marine Lubricants Market by Country, 2021 and 2031, % of Revenue 85
Figure 58. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 86
Figure 59. U.S. Marine Lubricants Market, 2021-2031, $ mn 88
Figure 60. Canada Marine Lubricants Market, 2021-2031, $ mn 90
Figure 61. Marine Lubricants Market in Mexico, 2021-2031, $ mn 92
Figure 62. Growth Stage of North America Marine Lubricants Industry over the Forecast Period 94
Table 1. Snapshot of North America Marine Lubricants Market in Balanced Perspective, 2021-2031 16
Table 2. World Economic Outlook, 2021-2031 21
Table 3. Fleet Ownership and Registration by Main Economies, 1 January 2022, Number of vessels and Thousands of dead-weight tons 28
Table 4. Main Product Trends and Market Opportunities in North America Marine Lubricants Market 33
Table 5. North America Marine Lubricants Market by Product Type, 2021-2031, $ mn 41
Table 6. North America Marine Lubricants Market by Product Type, 2021-2031, thousand tons 43
Table 7. North America Marine Lubricants Market by Application, 2021-2031, $ mn 53
Table 8. North America Marine Lubricants Market by Application, 2021-2031, thousand tons 55
Table 9. North America Marine Lubricants Market by End Use, 2021-2031, $ mn 69
Table 10. North America Marine Lubricants Market by End Use, 2021-2031, thousand tons 71
Table 11. North America Marine Lubricants Market by Country, 2021-2031, $ mn 85
Table 12. U.S. Marine Lubricants Market by Product Type, 2021-2031, $ mn 89
Table 13. U.S. Marine Lubricants Market by Application, 2021-2031, $ mn 89
Table 14. U.S. Marine Lubricants Market by End Use, 2021-2031, $ mn 89
Table 15. Canada Marine Lubricants Market by Product Type, 2021-2031, $ mn 91
Table 16. Canada Marine Lubricants Market by Application, 2021-2031, $ mn 91
Table 17. Canada Marine Lubricants Market by End Use, 2021-2031, $ mn 91
Table 18. Mexico Marine Lubricants Market by Product Type, 2021-2031, $ mn 93
Table 19. Mexico Marine Lubricants Market by Application, 2021-2031, $ mn 93
Table 20. Mexico Marine Lubricants Market by End Use, 2021-2031, $ mn 93
Table 21. BP Plc: Company Snapshot 98
Table 22. BP Plc: Business Segmentation 99
Table 23. BP Plc: Product Portfolio 99
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