Global Off-Highway Construction Equipment Lubricants Market: Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

$ PRICE - $ 3,000.00$ 8,900.00

Global Off-Highway Construction Equipment Lubricants Market: By Base Oil Type (Mineral Oil, Synthetic Oil), Product Type (Hydraulic Fluid, Engine Oil, Gear Oil, Compressor Oil, Others), By Equipment Type (Earthmoving, Material Handling, Heavy Construction Vehicle, Others) and Geography

 

 

$ PRICE - $ 3,000.00$ 8,900.00
Clear selection
Clear
$ PRICE - $ 3,000.00$ 8,900.00
FacebookTwitterLinkedinEmail

Report

Description

The global off-highway construction equipment lubricants market size valued USD 26,242.36 million in 2020 and expected to reach USD 39,303.09 million by 2027, at a CAGR of 8.82% during the forecast period 2021-2027. Growing demand for heavy-duty engine oils, gear oils, and transmission fluids is in the cards to up surge demand in the global market. Speedy economic growth as well as development contributed as a major factor for the rising sales in construction equipment. Investments to spend hefty amount on building projects in the GCC region is also anticipated to drive the market. Projects associated with road-construction as well as agricultural machines are the major consumers of off-highway construction equipment lubricants. Additionally, rising acceptance and inclination towards bio-based complements would propel the market growth. However, fluctuation in the prices of raw materials and stringent environmental regulations is anticipated to dampen the growth of market.  This report studies global off-highway construction equipment lubricants market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global off-highway construction equipment lubricants market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Off-Highway Construction Equipment Lubricants Market

MARKET SUMMARY
-
8.82% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 8.82%
  • Largest Market– North-America
  • Fastest Growing Market– Europe

Off-Highway Construction Equipment Lubricants

  • Global off-highway construction equipment lubricants market report gives comprehensive outlook on off-highway construction equipment lubricants across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
  • The report on global off-highway construction equipment lubricants market gives historical, current, and future market sizes (US$ Mn) on the basis of base oil, product type, equipment, and regions.
  • Key stakeholders of the global off-highway construction equipment lubricants market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global off-highway construction equipment lubricants products.
Key Players
  • Total UAE
  • Shell
  • Sinopec UAE
  • ExxonMobil Corporation
  • Idemitsu Kosan
Off-Highway Construction Equipment Lubricants Market

Drivers And Restraints

Transmission fluid, hydraulic fluid, greases, gear oil, heavy-duty engine oils are the different products of off-highway construction equipment lubricants. Heavy duty engine oils is the leading product type. It facilitates in reduction of friction amid the different parts of engine, reduces the probability of wear and tear, lessens the gathering of dust besides covers the gap and stops corrosion. Furthermore, they are extremely resilient to thermal fluctuations also guarantee the smooth working and efficiency of the machine. Also, in oils assist it assists in cleansing of the engine in excess of prolonged drain period. Moreover, it also avoids the buildup of deposits and dust on the parts of engine. Transmission fluids is the other major product. They further assists in wear resistance, rotational speed improvement, reduction of high operating temperatures, and enhanced function of cooling, improved rotational speed and temperature range in vehicles, conditioning gaskets. They support to improve the performance of engine through easily transmitting lubricants in the gear trains.


Europe got significant share

Off-Highway Construction Equipment Lubricants Market

Europe accounted for the largest share in the market in terms of revenue, besides it is likely to linger its domination during forecasted period. The growth in this region can be attributed to the rising construction activities in countries such as Germany and Russia. Saudi Arabia is expected to lead the market in the near future due to ongoing construction activities in the GCC region. The nation is expected to reveal additional usage of heavy machinery lubricants in arrears to more than a few pipeline projects, such as KACARE Renewable Energy Program.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • Global off-highway construction equipment lubricants market expanding at significant CAGR over 2020 to 2027 due to growing number of equipment OEMs.
  • Based on product type, heavy duty engine oils segment accounted for larger market revenue share in 2020 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global off-highway construction equipment lubricants market

Key

Features of the Report

Off-Highway Construction Equipment Lubricants Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Off-Highway Construction Equipment Lubricants Market Introduction
    • Global Off-Highway Construction Equipment Lubricants Market – Taxonomy
    • Global Off-Highway Construction Equipment Lubricants Market –Definitions
      • Base Oil
      • Product Type
      • Equipment Type
  1. Global Off-Highway Construction Equipment Lubricants Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Off-Highway Construction Equipment Lubricants Market Dynamic Factors – Impact Analysis
    • Global Off-Highway Construction Equipment Lubricants Market – Competition Landscape
  2. Global Off-Highway Construction Equipment Lubricants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Off-Highway Construction Equipment Lubricants Market, By Base Oil Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Mineral Oil
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Synthetic Oil
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Off-Highway Construction Equipment Lubricants Market, By Product Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Hydraulic Fluid
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Engine Oils
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Gear Oil
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Compressor Oil
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Off-Highway Construction Equipment Lubricants Market, By Equipment Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Earthmoving
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Mineral Handling
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Heavy Construction Vehicles
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Off-Highway Construction Equipment Lubricants Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Off-Highway Construction Equipment Lubricants Market – Opportunity Analysis Index, By Base Oil Type, Product, Equipment and Region, 2019 – 2025
  2. North America Off-Highway Construction Equipment Lubricants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • By Base Oil Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mineral Oil
      • Synthetic Oil
    • By Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hydraulic Fluid
      • Engine Oils
      • Gear Oil
      • Compressor Oil
      • Others
    • By Equipment Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Earthmoving
      • Mineral Handling
      • Heavy Construction Vehicles
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Off-Highway Construction Equipment Lubricants Market – Opportunity Analysis Index, By Base Oil Type, Product, Equipment and Country, 2019 – 2025
    • North America Off-Highway Construction Equipment Lubricants Market Dynamics – Trends
  3. Europe Off-Highway Construction Equipment Lubricants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • By Base Oil Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mineral Oil
      • Synthetic Oil
    • By Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hydraulic Fluid
      • Engine Oils
      • Gear Oil
      • Compressor Oil
      • Others
    • By Equipment Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Earthmoving
      • Mineral Handling
      • Heavy Construction Vehicles
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Rest of Europe
    • Europe Off-Highway Construction Equipment Lubricants Market – Opportunity Analysis Index, By Base Oil Type, Product, Equipment and Country, 2019 – 2025
    • Europe Off-Highway Construction Equipment Lubricants Market Dynamics – Trends
  4. Asia-Pacific Off-Highway Construction Equipment Lubricants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • By Base Oil Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mineral Oil
      • Synthetic Oil
    • By Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hydraulic Fluid
      • Engine Oils
      • Gear Oil
      • Compressor Oil
      • Others
    • By Equipment Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Earthmoving
      • Mineral Handling
      • Heavy Construction Vehicles
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Rest of Asia-Pacific
    • Asia-Pacific Off-Highway Construction Equipment Lubricants Market – Opportunity Analysis Index, By Base Oil Type, Product, Equipment and Country, 2019 – 2025
    • Asia-Pacific Off-Highway Construction Equipment Lubricants Market Dynamics – Trends
  5. Latin America Off-Highway Construction Equipment Lubricants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • By Base Oil Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mineral Oil
      • Synthetic Oil
    • By Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hydraulic Fluid
      • Engine Oils
      • Gear Oil
      • Compressor Oil
      • Others
    • By Equipment Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Earthmoving
      • Mineral Handling
      • Heavy Construction Vehicles
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Chile
      • Rest of Latin America
    • Latin America Off-Highway Construction Equipment Lubricants Market – Opportunity Analysis Index, By Base Oil Type, Product, Equipment and Country, 2019 – 2025
    • Latin America Off-Highway Construction Equipment Lubricants Market Dynamics – Trends
  6. Middle East and Africa Off-Highway Construction Equipment Lubricants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • By Base Oil Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mineral Oil
      • Synthetic Oil
    • By Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hydraulic Fluid
      • Engine Oils
      • Gear Oil
      • Compressor Oil
      • Others
    • By Equipment Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Earthmoving
      • Mineral Handling
      • Heavy Construction Vehicles
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • South Africa
      • Gulf Cooperation Council (GCC) Countries
      • Rest of MEA
    • MEA Off-Highway Construction Equipment Lubricants Market – Opportunity Analysis Index, By Base Oil Type, Product, Equipment and Country, 2019 – 2025
    • MEA Off-Highway Construction Equipment Lubricants Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Total UAE
      • Shell
      • Sinopec UAE
      • ExxonMobil Corporation
      • Idemitsu Kosan
      • Bharat petroleum Corporation
      • Castrol India
      • Hindustan Petroleum Corporation Ltd
      • Indian Oil Corporation Ltd
      • Gulf Oil Lubricants
      • Valvoline Cummins
  1. Research Methodology

Key Assumptions and Acronyms

Description

The global off-highway construction equipment lubricants market size valued USD 26,242.36 million in 2020 and expected to reach USD 39,303.09 million by 2027, at a CAGR of 8.82% during the forecast period 2021-2027. Growing demand for heavy-duty engine oils, gear oils, and transmission fluids is in the cards to up surge demand in the global market. Speedy economic growth as well as development contributed as a major factor for the rising sales in construction equipment. Investments to spend hefty amount on building projects in the GCC region is also anticipated to drive the market. Projects associated with road-construction as well as agricultural machines are the major consumers of off-highway construction equipment lubricants. Additionally, rising acceptance and inclination towards bio-based complements would propel the market growth. However, fluctuation in the prices of raw materials and stringent environmental regulations is anticipated to dampen the growth of market.  This report studies global off-highway construction equipment lubricants market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global off-highway construction equipment lubricants market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX