Synthetic Lubricants Market

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Scope of the Study
           1.3.1 Market Segmentation
           1.3.2 Regions Covered
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Unit Considered
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Opportunities in the Synthetic Lubricants Market
    4.2 APAC Synthetic Lubricants Market, By Application and Country
    4.3 Synthetic Lubricants Market, By Region
    4.4 Synthetic Lubricants Market, By Type
    4.5 Synthetic Lubricants Market Attractiveness

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Automotive Industry and Vehicle Parc
                    5.2.1.2 Increasing Industrialization in Emerging Economies
           5.2.2 Restraints
                    5.2.2.1 Rise in Demand for Alternative Fuels
           5.2.3 Opportunities
                    5.2.3.1 Stringent Environmental Regulations
                    5.2.3.2 Advancements in Synthetic Lubricants Technologies
           5.2.4 Challenges
                    5.2.4.1 High Cost of Synthetic Lubricants
    5.3 Porter’s Five Forces Analysis
           5.3.1 Threat of Substitutes
           5.3.2 Threat of New Entrants
           5.3.3 Bargaining Power of Suppliers
           5.3.4 Bargaining Power of Buyers
           5.3.5 Intensity of Competitive Rivalry
    5.4 Macroeconomic Indicators
           5.4.1 GDP Trends and Forecast of Major Economies
           5.4.2 Trends and Forecast of Oil & Gas Industry and Its Impact on Synthetic Lubricants Marke
           5.4.3 Trends and Forecast of Automotive Industry and Its Impact on Synthetic Lubricants Market

6 Synthetic Lubricants Market, By Type (Page No. - 43)
    6.1 Introduction
    6.2 Polyalphaolefin (PAO)
           6.2.1 APAC is Projected to Drive the Market for PAO-Based Synthetic Lubricants
    6.3 Esters
           6.3.1 High Demand for Engine Oil Boosts the Growth of Ester-Based Synthetic Lubricants Market
    6.4 Polyalkylene Glycol (PAG)
           6.4.1 Increasing Demand in Metalworking Fluids to Drive the Market for PAG Synthetic Lubricants
    6.5 Group Iii (Hydrocracking)
           6.5.1 Lower Prices has Resulted in Rising Demand for Group Iii Synthetic Lubricants

7 Synthetic Lubricants Market, By Application (Page No. - 49)
    7.1 Introduction
    7.2 Engine Oil
           7.2.1 Engine Oil is the Largest Application of Synthetic Lubricants
    7.3 Hydraulic Fluids
           7.3.1 Growing Manufacturing Sector in Emerging Economies is Expected to Drive the Demand for Synthetic Hydraulic Fluids
    7.4 Metalworking Fluids
           7.4.1 Rise in Number of Machinery & Equipment is Expected to Drive the Market
    7.5 Compressor Oil
           7.5.1 Growth in Industrial Machinery & Equipment is Expected to Drive the Market
    7.6 Gear Oil
           7.6.1 Automotive Industry Provides Significant Growth Opportunity to the Market
    7.7 Refrigeration Oil
           7.7.1 Increasing Demand for Consumer Appliances Driving the Market
    7.8 Transmission Fluids
           7.8.1 Increasingly Stringent Environmental Regulations to Drive the Market
    7.9 Turbine Oil
           7.9.1 Growing Demand for Energy is One of the Major Drivers of the Market

8 Synthetic Lubricants Market, By Region (Page No. - 60)
    8.1 Introduction
    8.2 Europe
           8.2.1 Germany
                    8.2.1.1 Increase in Automotive Production Offers Opportunity for Growth of Synthetic Lubricants Market
           8.2.2 UK
                    8.2.2.1 Increasing Investment in Infrastructure Significantly Influence the Market
           8.2.3 France
                    8.2.3.1 Increasing Environmental Regulations Will Drive the Market in France
           8.2.4 Italy
                    8.2.4.1 Growth in the Manufacturing Industry Will Drive the Market
    8.3 North America
           8.3.1 US
                    8.3.1.1 The US is the Largest Synthetic Lubricants Market, Globally
           8.3.2 Canada
                    8.3.2.1 Canada is the Second-Largest Synthetic Lubricants Market in North America
           8.3.3 Mexico
                    8.3.3.1 Increasing Manufacturing Activities are Driving the Synthetic Lubricants Market
    8.4 APAC
           8.4.1 China
                    8.4.1.1 China is the Largest Synthetic Lubricants Market in APAC
           8.4.2 Japan
                    8.4.2.1 High Automobile Production Will Boost the Demand for Synthetic Lubricants
           8.4.3 India
                    8.4.3.1 India is the Fastest-Growing Synthetic Lubricants Market, Globally
           8.4.4 South Korea
                    8.4.4.1 Increasing Demand From Transportation Application is Driving the Synthetic Lubricants Market 
    8.5 Middle East & Africa
           8.5.1 UAE
                    8.5.1.1 Oil & Gas and Automotive Industries are Expected to Significantly Impact the Synthetic Lubricants Market Growth
           8.5.2 Egypt
                    8.5.2.1 Egypt is the Fastest-Growing Synthetic Lubricants Market in the Middle East & Africa
           8.5.3 South Africa
                    8.5.3.1 Increasing Demand From Automobile Industry to Drive the Market
    8.6 South America
           8.6.1 Brazil
                    8.6.1.1 Significant Investments in Manufacturing Industry Aid the Synthetic Lubricants Market Growth

9 Competitive Landscape (Page No. - 95)
    9.1 Introduction
    9.2 Competitive Leadership Mapping (Overall Market)
           9.2.1 Visionary Leaders
           9.2.2 Dynamic Differentiators
           9.2.3 Innovators
    9.3 Strength of Product Portfolio
    9.4 Business Strategy Excellence
    9.5 Competitive Leadership Mapping (SMSE) 
           9.5.1 Progressive Companies
           9.5.2 Responsive Companies
           9.5.3 Dynamic Companies
           9.5.4 Starting Blocks
    9.6 Strength of Product Portfolio
    9.7 Business Strategy Excellence
    9.8 Market Share Analysis
           9.8.1 Royal Dutch Shell PLC
           9.8.2 Exxonmobil Corporation
           9.8.3 BP PLC
    9.9 Competitive Situation and Trends
           9.9.1 Expansion
           9.9.2 New Product Launch
           9.9.3 Acquisition
           9.9.4 Agreement

10 Company Profiles (Page No. - 107)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)* 
     10.1 Royal Dutch Shell PLC
     10.2 Exxonmobil Corporation
     10.3 British Petroleum (BP) PLC
     10.4 Chevron Corporation
     10.5 Total SA
     10.6 Fuchs Group
     10.7 Idemitsu Kosan Co. Ltd.
     10.8 Sinopec Limited
     10.9 Lukoil
     10.10 Petroliam Nasional Berhad (Petronas)
     10.11 Indian Oil Corporation Ltd.
     10.12 Other Key Market Players
             10.12.1 Dowdupont Inc.
             10.12.2 Croda International PLC.
             10.12.3 Sasol Limited
             10.12.4 Phillips 66
             10.12.5 Bel-Ray Company LLC.
             10.12.6 Morris Lubricants
             10.12.7 Penrite Oil
             10.12.8 Valvoline Inc.
             10.12.9 Liqui Moly GmbH
             10.12.10 Bharat Petroleum
             10.12.11 Rock Valley Oil and Chemical Co.
             10.12.12 Peak Lubricants Pty Ltd.
             10.12.13 Amalie Oil Co.
             10.12.14 Eni S.p.A.
             10.12.15 Addinol
             10.12.16 Lubrication Technologies Inc.
             10.12.17 Engen Petroleum
             10.12.18 Petro-Canada Lubricants Inc.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies. 

11 Appendix (Page No. - 132)
     11.1 Insights From Industry Experts
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets Subscription Portal
     11.4 Available Customizations
     11.5 Related Reports
     11.6 Author Details

List of Tables (96 Tables)

Table 1 Annual GDP and Industrial Production Growth Rate of Key Countries in APAC and Middle East & Africa
Table 2 Trends and Forecast of GDP, 2018–2023 (USD Billion)
Table 3 Synthetic Lubricants Market Size, By Type, 2016–2023 (USD Million)
Table 4 Synthetic Lubricants Market Size, By Type, 2016–2023 (Kiloton)
Table 5 PAO Synthetic Lubricants Market Size, By Region, 2016–2023 (USD Million)
Table 6 PAO Synthetic Lubricants Market Size, By Region, 2016–2023 (Kiloton)
Table 7 Esters Synthetic Lubricants Market Size, By Region, 2016–2023 (USD Million)
Table 8 Esters Synthetic Lubricants Market Size, By Region, 2016–2023 (Kiloton)
Table 9 PAG Synthetic Lubricants Market Size, By Region, 2016–2023 (USD Million)
Table 10 PAG Synthetic Lubricants Market Size, By Region, 2016–2023 (Kiloton)
Table 11 Group Iii Synthetic Lubricants Market Size, By Region, 2016–2023 (USD Million)
Table 12 Group Iii Synthetic Lubricants Market Size, By Region,2016–2023 (Kiloton)
Table 13 Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 14 Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 15 Synthetic Lubricants Market Size in Engine Oil, By Region, 2016–2023 (USD Million)
Table 16 Synthetic Lubricants Market Size in Engine Oil, By Region, 2016–2023 (Kiloton)
Table 17 Synthetic Lubricants Market Size in Hydraulic Fluids, By Region, 2016–2023 (USD Million)
Table 18 Synthetic Lubricants Market Size in Hydraulic Fluids, By Region, 2016–2023 (Kiloton)
Table 19 Synthetic Lubricants Market Size in Metalworking Fluids, By Region, 2016–2023 (USD Million)
Table 20 Synthetic Lubricants Market Size in Metalworking Fluids, By Region, 2016–2023 (Kiloton)
Table 21 Synthetic Lubricants Market Size in Compressor Oil, By Region, 2016–2023 (USD Million)
Table 22 Synthetic Lubricants Market Size in Compressor Oil, By Region, 2016–2023 (Kiloton)
Table 23 Synthetic Lubricants Market Size in Gear Oil, By Region, 2016–2023 (USD Million)
Table 24 Synthetic Lubricants Market Size in Gear Oil, By Region, 2016–2023 (Kiloton)
Table 25 Synthetic Lubricants Market Size in Refrigeration Oil, By Region, 2016–2023 (USD Million)
Table 26 Synthetic Lubricants Market Size in Refrigeration Oil, By Region, 2016–2023 (Kiloton)
Table 27 Synthetic Lubricants Market Size in Transmission Fluids, By Region, 2016–2023 (USD Million)
Table 28 Synthetic Lubricants Market Size in Transmission Fluids, By Region, 2016–2023 (Kiloton)
Table 29 Synthetic Lubricants Market Size in Turbine Oil, By Region, 2016–2023 (USD Million)
Table 30 Synthetic Lubricants Market Size in Turbine Oil, By Region, 2016–2023 (Kiloton)
Table 31 Synthetic Lubricants Market Size, By Region, 2016–2023 (USD Million)
Table 32 Synthetic Lubricants Market Size, By Region, 2016–2023 (Kiloton)
Table 33 Europe: Synthetic Lubricants Market Size, By Country, 2016–2023 (USD Million)
Table 34 Europe: Synthetic Lubricants Market Size, By Country, 2016–2023 (Kiloton)
Table 35 Europe: Synthetic Lubricants Market Size, By Type, 2016–2023 (USD Million)
Table 36 Europe: Synthetic Lubricants Market Size, By Type, 2016–2023 (Kiloton)
Table 37 Europe: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 38 Europe: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 39 Germany: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 40 Germany: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 41 UK: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 42 UK: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 43 France: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 44 France: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 45 Italy: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 46 Italy: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 47 North America: Synthetic Lubricants Market Size, By Country, 2016–2023 (USD Million)
Table 48 North America: Synthetic Lubricants Market Size, By Country, 2016–2023 (Kiloton)
Table 49 North America: Synthetic Lubricants Market Size, By Type, 2016–2023 (USD Million)
Table 50 North America: Synthetic Lubricants Market Size, By Type, 2016–2023 (Kiloton)
Table 51 North America: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 52 North America: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 53 US: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 54 US: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 55 Canada: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 56 Canada: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 57 Mexico: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 58 Mexico: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 59 APAC: Synthetic Lubricants Market Size, By Country, 2016–2023 (USD Million)
Table 60 APAC: Synthetic Lubricants Market Size, By Country, 2016–2023 (Kiloton)
Table 61 APAC: Synthetic Lubricants Market Size, By Type, 2016–2023 (USD Million)
Table 62 APAC: Synthetic Lubricants Market Size, By Type, 2016–2023 (Kiloton)
Table 63 APAC: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 64 APAC: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 65 China: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 66 China: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 67 Japan: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 68 Japan: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 69 India: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 70 India: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 71 South Korea: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 72 South Korea: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 73 Middle East & Africa: Synthetic Lubricants Market Size, By Country, 2016–2023 (USD Million)
Table 74 Middle East & Africa: Synthetic Lubricants Market Size, By Country, 2016–2023 (Kiloton)
Table 75 Middle East & Africa: Synthetic Lubricants Market Size, By Type, 2016–2023 (USD Million)
Table 76 Middle East & Africa: Synthetic Lubricants Market Size, By Type, 2016–2023 (Kiloton)
Table 77 Middle East & Africa: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 78 Middle East & Africa: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 79 UAE: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 80 UAE: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 81 Egypt: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 82 Egypt: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 83 South Africa: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 84 South Africa: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 85 South America: Synthetic Lubricants Market Size, By Country, 2016–2023 (USD Million)
Table 86 South America: Synthetic Lubricants Market Size, By Country, 2016–2023 (Kiloton)
Table 87 South America: Synthetic Lubricants Market Size, By Type, 2016–2023 (USD Million)
Table 88 South America: Synthetic Lubricants Market Size, By Type, 2016–2023 (Kiloton)
Table 89 South America: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 90 South America: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 91 Brazil: Synthetic Lubricants Market Size, By Application, 2016–2023 (USD Million)
Table 92 Brazil: Synthetic Lubricants Market Size, By Application, 2016–2023 (Kiloton)
Table 93 Expansion, 2016–2018
Table 94 New Product Launch, 2016–2018
Table 95 Acquisition, 2016–2018
Table 96 Agreement, 2016–2018

List of Figures (45 Figures)

Figure 1 Synthetic Lubricants Market: Research Design
Figure 2 Synthetic Lubricants Market: Bottom-Up Approach
Figure 3 Synthetic Lubricants Market: Top-Down Approach
Figure 4 Synthetic Lubricants Market: Data Triangulation
Figure 5 PAO Segment Held the Largest Share in Synthetic Lubricants Market in 2017
Figure 6 Compressor Oil to Be the Fastest-Growing Segment in Overall Synthetic Lubricants Market
Figure 7 India to Be the Fastest-Growing Synthetic Lubricants Market
Figure 8 Europe Accounted for Largest Share of the Synthetic Lubricants Market in 2017
Figure 9 Stringent Environmental Regulations to Drive the Market
Figure 10 China Led the APAC Synthetic Lubricants Market in 2017
Figure 11 Europe Accounted for the Largest Market Share in 2017
Figure 12 PAO Segment Accounted for Largest Share in Overall Synthetic Lubricants Market
Figure 13 India to Be the Fastest-Growing Market Between 2018 and 2023
Figure 14 Overview of Factors Governing the Synthetic Lubricants Market
Figure 15 Synthetic Lubricants Market: Porter’s Five Forces Analysis
Figure 16 Global Oil Production, 2012–2017
Figure 17 Global Oil Consumption, 2012–2017
Figure 18 Global Motor Vehicle sales in 2017
Figure 19 Automotive (Passenger Car) sales Outlook in 2017
Figure 20 Esters Segment to Register Highest Cagr in Overall Synthetic Lubricants Market
Figure 21 Synthetic Lubricants Market to Register Highest CagrIn Compressor Oil Application
Figure 22 APAC to Be the Fastest-Growing Synthetic Lubricants Market
Figure 23 Europe: Synthetic Lubricants Market Snapshot
Figure 24 North America: Synthetic Lubricants Market Snapshot
Figure 25 APAC: Synthetic Lubricants Market Snapshot
Figure 26 Synthetic Lubricants Market (Global), Competitive Leadership Mapping, 2017
Figure 27 Synthetic Lubricants Market (SMSE), Competitive Leadership Mapping, 2017
Figure 28 Agreement Was the Key Growth Strategy Adopted By Market Players Between 2016 and 2018
Figure 29 Synthetic Lubricants Market Share, By Company (2017)
Figure 30 Royal Dutch Shell PLC: Company Snapshot
Figure 31 Royal Dutch Shell PLC: SWOT Analysis
Figure 32 Exxonmobil Corporation: Company Snapshot
Figure 33 Exxonmobil Corporation: SWOT Analysis
Figure 34 BP PLC: Company Snapshot
Figure 35 BP PLC: SWOT Analysis
Figure 36 Chevron Corporation: Company Snapshot
Figure 37 Chevron Corporation: SWOT Analysis
Figure 38 Total SA: Company Snapshot
Figure 39 Total SA: SWOT Analysis
Figure 40 Fuchs Group: Company Snapshot
Figure 41 Idemitsu Kosan Co. Ltd.: Company Snapshot
Figure 42 Sinopec Limited: Company Snapshot
Figure 43 Lukoil: Company Snapshot
Figure 44 Petronas: Company Snapshot
Figure 45 Indian Oil Corporation Ltd.: Company Snapshot

The study involves four major activities in estimating the market size of synthetic lubricants. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakdown and data triangulation procedures were used to estimate the market size of each segment.

Secondary Research

Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites, such as Factiva, ICIS, and Bloomberg. Findings of this study were verified through primary research by conducting extensive interviews with key officials, such as CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below:

Primary Research

The synthetic lubricants market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the transportation and manufacturing industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the synthetic lubricants market. These methods were also used extensively to estimate the sizes of the various segments in the market. The research methodology used to estimate the market size included the following steps:

The key players in the industry were identified through extensive secondary research.

• The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
• All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size, the total market was split into several segments. In order to complete the overall market engineering process and arrive at the exact statistics for all the segments, the data triangulation procedure was employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides.

Report Objectives

• To define, describe, and forecast the market size of synthetic lubricants, in terms of value and volume
• To provide detailed information regarding the major factors (drivers, opportunities, restraints, and challenges) influencing the growth of the market
• To estimate and forecast the market size by type and application
• To forecast the size of the market with respect to five main regions (along with key countries of each region), namely, North America, Europe, Asia Pacific (APAC), South America, and the Middle East & Africa
• To strategically analyze micromarkets with respect to individual growth trends, growth prospects, and their contribution to the overall market
• To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
• To track and analyze recent developments, such as new product launch, agreement, investment, expansion, and acquisition in the market
• To strategically profile the key market players and comprehensively analyze their core competencies

Scope Of The Report

This report categorizes the global synthetic lubricants market based on type, application, and region.

On the basis of type, the synthetic lubricants market has been segmented as follows:

• Polyalphaolefin (PAO)
• Polyalkylene Glycol (PAG)
• Esters
• Group III (Hydro Cracking)

On the basis of application, the synthetic lubricants market has been segmented as follows:

• Engine Oil
• Hydraulic Fluids
• Metalworking Fluids
• Compressor Oil
• Gear Oil
• Refrigeration Oil
• Transmission Fluids
• Turbine Oil

On the basis of region, the synthetic lubricants market has been segmented as follows:

• APAC
• North America
• Europe
• Middle East & Arica
• South America

Available Customizations

 MarketsandMarkets offers customizations according to the specific needs of the companies along with the given market data. The following customization options are available for the report:

Regional Analysis

• Further breakdown of a region with respect to a particular country or an additional end-use industry

Company Information

• Detailed analysis and profiles of additional market players (up to five)