Get Sample Pages - Bio-lubricant Market is projected to grow at a CAGR of around 4.1% during 2022-27

Global Bio-Lubricants Market Research Report: Forecast (2022-27)

By Base Oil (Vegetable Oils (Coconut Oil, Sunflower Oil, Palm Oil, Rapeseed oil, Others), Animal Tallow (Fat), Others (Refined oils, Synthetic oils, etc.)), By Application (Automot......ive Engine Oil, Gear Oil, Metalworking Fluid, Transmission Fluid, Hydraulic Fluid, Chainsaw Oil, Two-Cycle Engine Oil, Others (Greases, Process Oil, Mold Release Agents, etc.)), By End User (Industrial, Commercial Transport, Consumer Automotive), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Competitors (Chevron Corporation, Shell Plc, BP Plc, ExxonMobil Corporation, Axel Christiernsson, TotalEnergies, Cargill, Fuchs Petrolub AG, Klüber Lubrication, Panolin AG, Emery Oleochemicals, M-O-8 Specialities Ltd (Binol Lubricants), Renewable Lubricants, Polnox Corporation, Rsc Bio Solutions, BIONA JERSÍN s.r.o., Carl Bechem GmbH, Advonex International, Others) Read more

Chemicals
Jul 2022
Pages 221
Report Format: PDF, Excel, PPT

Market Definition

Bio-based Lubricants are lubricants made up of vegetable oils & animal fats, which are easily biodegradable & renewable. These types of lubricants are an alternative to mineral-based lubricants & have numerous applications with superior lubricant properties. Vegetable oil used for bio-lubricants is coconut oil, sunflower oil, palm oil, and rapeseed oil. Moreover, these lubricants are produced by the trans-esterification of vegetable oil in the presence of a homogeneous acid & base catalyst. Furthermore, the growing use of these chemicals in the transportation & manufacturing industries led to propel the market growth in the coming years.

Market Insights

The Global Bio-lubricant market is projected to grow at a CAGR of around 4.1% during the forecast period, i.e., 2022-27. The Global Bio-lubricant market experienced significant growth during the historical period, owing to the rising government concerns about reducing greenhouse gas emissions & increasing the depletion & price of crude oil. Furthermore, the growing use of vegetable oil-based bio-lubricants as alternative lubricants for the automobile due to their excellent lubricity & the launch of bio-based industrial lubricants are also driving the market growth.

Report Coverage	Details
Study Period	Historical Data: 2017-20
	Base Year: 2021
	Forecast Period: 2022-27
CAGR (2022-2027)	4.1%
Regions Covered	North America: The US, Canada, Mexico
	South America: Brazil, Rest of South America
	Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
	Asia-Pacific: China, Japan, India, South Korea, Rest of Asia Pacific
	Middle East & Africa: GCC, South Africa, Rest of Middle East and Africa
Key Companies Profiled	Chevron Corporation, Shell Plc, BP Plc, ExxonMobil Corporation, Axel Christiernsson, TotalEnergies, Cargill, Fuchs Petrolub AG, Klüber Lubrication, Panolin AG, Emery Oleochemicals, M-O-8 Specialities Ltd (Binol Lubricants), Renewable Lubricants, Polnox Corporation, Rsc Bio Solutions, BIONA JERSÍN s.r.o., Carl Bechem GmbH, Advonex International, Others
Unit Denominations	USD Million/Billion

For instance:

In 2019, Finnish AT-Tuote, in collaboration with Neste, launched the world’s first industrial lubricant with nearly 100% bio-based content.

Besides, the imposition of stricter regulations on chemicals & prohibiting the use of mineral oil-based lubricants by countries such as Belgium, Germany, Austria, and Switzerland to promote the use of bio-lubricants are driving the demand for vegetable oil-based bio-lubricants. Moreover, the rising demand for bio-lubricant from the economies such as India & China for power generation is further expected to accelerate the market growth in the forthcoming period.

Impact of COVID-19 on the Global Bio-lubricants Market

COVID-19 severely impacted the Global Bio-lubricants market in 2020. The temporary shutdown of the automotive plants & reduction in the manufacturing of Bio-lubricants led to a decline in the market growth. In addition, the investment inflows by the governments of countries such as the US & Germany decreased, due to which the European Commission slowed down its carbon dioxide reduction goals. In addition, the downturn in the manufacturing & lubricant production stakeholders around the supply chain of bio-based lubricants has seen substantial effects during 2020.

Furthermore, the sales of new cars & vehicle purchases decreased across the globe, owing to the shutdown of manufacturing plants. Hence, the demand for bio-based lubricants also dropped. Moreover, automotive companies such as PSA, Renault, and Fiat Chrysler cut short their production at European plants. Further, Renault halted its manufacturing facilities in approximately 12 production sites, which affected nearly 18,000 workers in France.

In addition, bio-lubricants play a significant role in facilitating the transition of the countries towards a carbon-neutral economy due to their environmental credentials as well as better efficiency & lower energy usage. Thus, due to these factors, the market is expected to escalate in the coming years.

Introduction
1. Product Definition
2. Research Process
3. Assumptions
4. Market Segmentation
Executive Summary
Impact of COVID-19 on Global Bio-Lubricants Market
Global Bio-Lubricants Market Trends & Insights
Global Bio-Lubricants Market Dynamics
1. Growth Drivers
2. Challenges
Global Bio-Lubricants Market Regulations & Policies
Global Bio-Lubricants Market - Supply Chain Analysis
Global Bio-Lubricants Market Hotspot & Opportunities
Global Bio-Lubricants Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Revenue (USD Million)
  2. By Volume (Kilo Tons)
2. Market Share & Analysis
  1. By Base Oil Type
    1. Vegetable Oils
      1. Coconut Oil
      2. Sunflower Oil
      3. Palm Oil
      4. Rapeseed oil
      5. Others (Canola Oil, Soybean Oil, etc.)
    2. Animal Tallow (Fat)
    3. Others (Refined oils, Synthetic oils, etc.)
  2. By Application
    1. Automotive Engine Oil
    2. Gear Oil
    3. Metalworking Fluid
    4. Transmission Fluid
    5. Hydraulic Fluid
    6. Chainsaw Oil
    7. Two-Cycle Engine Oil
    8. Others (Greases, Process Oil, Mold Release Agents etc.)
  3. By End-User
    1. Automotive and Other Transportation
    2. Power Generation
    3. Others (Chemical Manufacturing, Heavy Equipment, Food & Beverage, etc.)
  4. By Region
    1. North America
    2. South America
    3. Europe
    4. The Middle East & Africa
    5. Asia-Pacific
  5. By Company
    1. Revenue Shares
    2. Competitor Characteristics in MarkNtel Quadrant
North America Bio-Lubricants Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Revenue (USD Million)
  2. By Volume (Kilo Tons)
2. Market Share & Analysis
  1. By Base Oil Type
  2. By Application
  3. By End-User
  4. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Bio-Lubricants Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. By Revenue
    2. By Volume
  2. Market Share & Analysis
    1. By End-User
4. Canada Bio-Lubricants Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. By Revenue
    2. By Volume
  2. Market Share & Analysis
    1. By End-User
5. Mexico Bio-Lubricants Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. By Revenue
    2. By Volume
  2. Market Share & Analysis
    1. By End-User
South America Bio-Lubricants Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Revenue
  2. By Volume
2. Market Share & Analysis
  1. By Base Oil Type
  2. By Application
  3. By End-User
  4. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
3. Brazil Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
4. Argentina Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
Europe Bio-Lubricants Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. Market Revenue
2. Market Share & Analysis
  1. By Base Oil Type
  2. By Application
  3. By End-User
  4. By Country
    1. Germany
    2. The UK
    3. France
    4. Spain
    5. Italy
    6. Rest of Europe
3. Germany Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
4. The UK Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
5. France Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
6. Spain Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
7. Italy Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
The Middle East & Africa Bio-Lubricant Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. Market Revenue
2. Market Share & Analysis
  1. By Base Oil Type
  2. By Application
  3. By End-User
  4. By Country
    1. The UAE
    2. Saudi Arabia
    3. South Africa
    4. Egypt
    5. Rest of MEA
3. The UAE Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
4. Saudi Arabia Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
5. South Africa Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
6. Egypt Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
Asia-Pacific Bio-Lubricant Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. Market Revenue
2. Market Share & Analysis
  1. By Base Oil Type
  2. By Application
  3. By End-User
  4. By Country
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Australia
    6. Rest of Asia-Pacific
3. China Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
4. India Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
5. Japan Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
6. South Korea Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
7. Australia Bio-Lubricant Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenue
  2. Market Share & Analysis
    1. By End-User
Global Bio-Lubricant Market Key Strategic Imperatives for Success & Growth
Competition Outlook
1. Competition Matrix
  1. Product Portfolio
  2. Target Markets
  3. Research & Development
  4. Strategic Alliances
  5. Strategic Initiatives
2. Company Profiles of top 15 companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
  1. Chevron Corporation
  2. Shell Plc
  3. BP Plc
  4. ExxonMobil Corporation
  5. Axel Christiernsson
  6. TotalEnergies
  7. Cargill
  8. Fuchs Petrolub AG
  9. Klüber Lubrication
  10. Panolin AG
  11. Emery Oleochemicals
  12. M-O-8 Specialities Ltd (Binol Lubricants)
  13. Renewable Lubricants
  14. Polnox Corporation
  15. Rsc Bio Solutions
  16. BIONA JERSÍN s.r.o.
  17. Carl Bechem GmbH
  18. Advonex International
  19. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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