DUBLIN, December 8, 2015 /PRNewswire/ —
Research and Markets (http://www.researchandmarkets.com/research/wmvvgs/global) has announced the addition of the “Global Mineral-oil-based Lubricants Market 2015-2019” report to their offering.
The market is witnessing a number of M&A. Companies are trying to improve their core competency by acquiring the varied product portfolio and technology of other companies. Many large and international vendors are acquiring small and local vendors to enhance their market potential and their product portfolio. The increased competition in this highly fragmented market is another major reason for the increase in the number of M&A.
According to the report, the market is driven by the increase in demand from industries such as agricultural, steel, construction, and mining. In the agricultural industry, exposure to dust and water causes a reduction in the efficiency of gearboxes and bearings. Deep plowing results in heavy loads on tractors. Hence, lubrication is necessary for the optimum operation of equipment.
Further, the report states that some lubricants such as mineral-oil-based lubricants have a negative impact on the environment. They contain toxic elements that take a long time to decompose and are harmful to plants and wildlife ecosystems.
Key questions answered in this report:
- What will the market size be in 2019 and what will the growth rate be?
- What are the Key Market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
- Royal Dutch Shell
- Saudi Aramco
Other Prominent Vendors:
- Fuchs Petrolub
- Idemitsu Kosan
- JX Holdings
- NK Lukoil
- Petronas Chemicals Group Berhad
For more information visit http://www.researchandmarkets.com/research/wmvvgs/global
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SOURCE Research and Markets