Download Free Sample
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Asia Pacific Soybean Oil-based Lubricants Market: By Product Type, By Application, and Country
Asia Pacific Soybean Oil-based Lubricants Market: By Product Type, By Application, and Country
Asia Pacific Soybean Oil-Based Lubricants Market size was valued at US$ x billion in 2022 and is poised to grow at a significant CAGR over 2023-2029. Due to the combination of environmental concerns, economics, and performance issues. Petroleum- or mineral-based oils have historically been, and will likely continue to be the economical choice for many manufacturers to satisfy performance, logistic, and cost targets in many applications. Development and launch of innovative soybean oil-based lubricants by the market players enables surge in the lubricants market demand over the forecast years. For instance. In July 2, 2018, Archer Daniels Midland Company (NYSE: ADM) and Cargill successfully completed their transaction and formally launched SoyVenTM their new joint venture to provide soybean meal and oil for customers in Egypt. Key players are now complementing other players for collaborations, acquisitions, and new product launches thereby enhancing their product portfolio in the Asia Pacific market. New products and services are the lifeblood of all businesses. Investing in their development isn't an optional extra - it is crucial to business growth and profitability.
The R&D activities for the development of soybean oil-based lubricants has fostered the growth of soybean oil-based lubricants market. Moreover, owing to its greener and safer attributes it is one of the preferred candidate by most of the manufacturers, thereby increasing in its demand. Rising importance of earning carbon benefits in chemical industry is expected to promote demand for bio-based process oils and tap new markets over the forecast period.
Asia Pacific soybean oil-based lubricants market has prominent share attributed due to initiative taken by the government of China to introduce bio-economy program as a part of 12th five year plan. Emergence of Malaysia and Indonesia as manufacturing hub for oleo chemicals on account of abundant raw material availability is expected to open lucrative opportunities for market for soybean oil-based lubricants in the near future.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
By Product Type |
|
|
By Application Type |
|
|
By Country |
|
Download Free Sample Report
2022 is the base year and 2029 is the forecast year.
The report covers the asia pacific soybean oil based lubricants market data: China, India, Japan, Australia & New Zealand
BioBlend Lubricants, Biosynthetic Technologies, Cortec Corporation, Cenex, Environmental Lubricants Manufacturing
| 1.Executive Summary |
| 2. Asia Pacific Soybean Oil-based Lubricants Market Introduction |
| 2.1. Asia Pacific Soybean Oil-based Lubricants Market - Taxonomy |
| 2.2. Asia Pacific Soybean Oil-based Lubricants Market - Definitions |
| 2.2.1. By Product Type |
| 2.2.2. By Application |
| 2.2.3. By Country |
| 3. Asia Pacific Soybean Oil-based Lubricants Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Asia Pacific Soybean Oil-based Lubricants Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Asia Pacific Soybean Oil-based Lubricants Market By Product Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Type 1 |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Type 2 |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Asia Pacific Soybean Oil-based Lubricants Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Metalworking Fluids |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Engine Oils |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Hydraulic Fluids |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Process Oil |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Food Grade Lubricants |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Asia Pacific Soybean Oil-based Lubricants Market By Country, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. China |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. India |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Australia and New Zealand (ANZ) |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Japan |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Rest of APAC |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.China Soybean Oil-based Lubricants Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Type 1 |
| 8.1.2.Type 2 |
| 8.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Metalworking Fluids |
| 8.2.2.Engine Oils |
| 8.2.3.Hydraulic Fluids |
| 8.2.4.Process Oil |
| 8.2.5.Food Grade Lubricants |
| 9.India Soybean Oil-based Lubricants Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Type 1 |
| 9.1.2.Type 2 |
| 9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Metalworking Fluids |
| 9.2.2.Engine Oils |
| 9.2.3.Hydraulic Fluids |
| 9.2.4.Process Oil |
| 9.2.5.Food Grade Lubricants |
| 10.Australia and New Zealand (ANZ) Soybean Oil-based Lubricants Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Type 1 |
| 10.1.2.Type 2 |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Metalworking Fluids |
| 10.2.2.Engine Oils |
| 10.2.3.Hydraulic Fluids |
| 10.2.4.Process Oil |
| 10.2.5.Food Grade Lubricants |
| 11.Japan Soybean Oil-based Lubricants Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Type 1 |
| 11.1.2.Type 2 |
| 11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Metalworking Fluids |
| 11.2.2.Engine Oils |
| 11.2.3.Hydraulic Fluids |
| 11.2.4.Process Oil |
| 11.2.5.Food Grade Lubricants |
| 12.Rest of APAC Soybean Oil-based Lubricants Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Type 1 |
| 12.1.2.Type 2 |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Metalworking Fluids |
| 12.2.2.Engine Oils |
| 12.2.3.Hydraulic Fluids |
| 12.2.4.Process Oil |
| 12.2.5.Food Grade Lubricants |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.BioBlend Lubricants |
| 13.2.2.Biosynthetic Technologies |
| 13.2.3.Cortec Corporation |
| 13.2.4.Cenex |
| 13.2.5.Environmental Lubricants Manufacturing |
| 13.2.6.Pioneer Hi-Bred International |
| 13.2.7.Linnaeus Plant Sciences |
| 13.2.8.Renewable Lubricants |
| 13.2.9.Elevance Renewable Sciences |
| 13.2.10.Plews & Edelmann. |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.