Indonesia Lubricants Market: Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Indonesia Lubricants Market: By Base Oil (Bio-based Oil, Mineral Oil, Synthetic Oil), By Product Type (Compressor oil, Engine Oil, Gear Oil, Grease, Hydraulic fluid, Metalworking fluid, Turbine Oil, Others) By End User (Transportation, Industrial )and Geography

 

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Report

Description

Indonesia Lubricants Market size was valued at USD 903.2 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028. The global market report provides a thorough overview, which can be segmented by base oil, product type, and end user. By base oil, the market has been segmented into biobased oil, mineral oil, and synthetic oil. The synthetic oil segment can be estimated to grow the most in the forecast period owing to the advanced technology used in oil manufacturing and the advanced functionality these types of oil provide. Moreover, the mineral oil segment is also about to experience a considerable amount of growth due to its widespread application range and availability of more variants. Based on product type, the Indonesia Lubricants market is segmented into Compressor oil, Engine Oil, Gear Oil, Grease, Hydraulic fluid, Metalworking fluid, Turbine Oil, and Others. Grease has widespread applications in different machines and is estimated to hold the leading position in the lubricants market. Hydraulic fluid, metal working fluid, and turbine oil are advanced technology products derived from previously used lubricants. They provide some extra functionality than the other previous generation lubricant, which can be estimated to witness a demand increase in near future. Based on the end user, the segment has been segregated into Transportation, Industrial, and marine. The transportation segment is anticipated to witness the most growth, followed by marine application.

 

Key Development:

In October 2022, two contract renewals with dependable partner Liqui Moly have been announced with excitement by Dorna Sports. The first confirms Liqui Moly will continue to serve as the Moto2TM and Moto3TM classes’ exclusive lubricant supplier through the year 2027, and the second states the German company will continue to serve as the title sponsor of their home Grand Prix at the Sachsenring through the same year.

Indonesia Lubricants Market

MARKET SUMMARY
-
x%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– x%

Indonesia Lubricants Market

  • The indonesia lubricants market report gives comprehensive outlook across the region with special emphasis on key regions.
  • The indonesia lubricants market is segmented based on base oil, product type, end user and geography.
Key Players
  • CASTROL LIMITED
  • Chevron Corporation
  • Exxon Mobil Corporation
  • Idemitsu Lube Indonesia
  • PT Fuchs Lubricants Indonesia
Indonesia Lubricants Market Dynamics

Increased sophistication in the machines cause increased demand for more sophisticated and advanced technology lubrication for these machines. As lubrication is mandatory requirement for all type of machine, thus, it will boost the demand for more technologically advanced lubricants.


Indonesia Lubricants Market

By region, Karawang is estimated to witness the highest growth in the forecast period followed by Bekasi. Karawang is currently holds the largest capacity to manufacture automobiles in Indonesia which will boost the lubricant market in this city.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Indonesia Lubricants Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

According to an analysis by PBI, grease, metalworking fluid, turbine oils are the potential segment that is about to witness considerable amounts of growth. Due to flourishing automobile industry, the engine oil segment is expected to grow the most. Other than that the metalworking oils and the turbine oils are advanced technology oils that will get its demand as the auto machines will get sophisticated gradually with the advancement of automobile technology

CASTROL LIMITED, Chevron Corporation, Exxon Mobil Corporation, PT. Idemitsu Lube Indonesia, PT Fuchs Lubricants Indonesia, PT Pertamina Lubricants, Repsol Indonesia, Royal Dutch Shell PLC.

Advanced technology lubrication is currently on trend; with the transition from IC engine to battery, the type of lubrication needed for those cars is different, and those are synthesized in various formulations. Besides cars, expanding industries will also need synthetic lubricants as the machines become more sophisticated. Further, with the increased traffic jam on roads due to personal transport vehicles, the governments are pushing to use public transport more. Thus, this increase in public transport utilization will increase demand for lubricants in the near future.

Some significant issues impeding the growth of the worldwide lubricants market’s revenue include the rising popularity of hybrid and electric vehicles, long-term restrictions on grease lubricants, and the unfavourable impact of lubricants on the environment. The use of electric vehicles has grown dramatically over time, which has resulted in a decline in the demand for engine oils and other lubricants. Additionally, China already accounts for 16% of the worldwide market for electric cars, with over 3,300 new cars expected to be registered there in 2021. Grease has a number of disadvantages when used as an industrial lubricant, including a short shelf life on lubricating surfaces and a poor cooling capacity, both of which are projected to reduce consumer demand for grease.


Report

Table Of Content

1. Executive Summary
2. Indonesia Lubricants Market Introduction
2.1. Indonesia Lubricants Market – Taxonomy
2.2. Indonesia Lubricants Market –Definitions
2.2.1. Base Oil
2.2.2. Product Type
2.2.3. End User
3. Indonesia Lubricants Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Indonesia Lubricants Market Dynamic Factors – Impact Analysis
3.6. Indonesia Lubricants Market – Competition Landscape
4. Indonesia Lubricants Market Analysis,2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis,2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Indonesia Lubricants Market, By Base Oil, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Bio-based Oil
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Mineral Oil
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Synthetic Oil
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Indonesia Lubricants Market Forecast, By Product Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1. Compressor oil
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Engine Oil
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Gear Oil
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Grease
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Hydraulic fluid
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Metalworking fluid
6.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
6.7. Turbine Oil
6.7.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.7.3. Market Opportunity Analysis
6.8. Others
6.8.1. Transformer Oil
6.8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.8.1.3. Market Opportunity Analysis
6.8.2. Refrigeration Oil
6.8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.8.2.3. Market Opportunity Analysis
6.8.3. Textile Machinery Lubricants
6.8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.8.3.3. Market Opportunity Analysis
7. Indonesia Lubricants Market, By End User, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. Transportation
7.1.1. Aviation
7.1.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.1.3. Market Opportunity Analysis
7.1.2. Commercial vehicles
7.1.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.2.3. Market Opportunity Analysis
7.1.3. Marine
7.1.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3.3. Market Opportunity Analysis
7.1.4. Passenger vehicles
7.1.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.4.3. Market Opportunity Analysis
7.1.5. Railways
7.1.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.5.3. Market Opportunity Analysis
7.2. Industrial
7.2.1. Automobile Manufacturing
7.2.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.1.3. Market Opportunity Analysis
7.2.2. Cement Production
7.2.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.2.3. Market Opportunity Analysis
7.2.3. Chemical
7.2.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3.3. Market Opportunity Analysis
7.2.4. Construction
7.2.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.4.3. Market Opportunity Analysis
7.2.5. Food Processing
7.2.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.5.3. Market Opportunity Analysis
7.2.6. Mining & Metal
7.2.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.6.3. Market Opportunity Analysis
7.2.7. Oil & Gas
7.2.7.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.7.3. Market Opportunity Analysis
7.2.8. Power Generation
7.2.8.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.8.3. Market Opportunity Analysis
7.2.9. Textile
7.2.9.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.9.3. Market Opportunity Analysis
7.2.10. Others
7.2.10.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.10.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.10.3. Market Opportunity Analysis
8. Competition Landscape 
8.1. Strategic Dashboard of Top Market Players
8.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
8.2.1. CASTROL LIMITED
8.2.2. Chevron Corporation
8.2.3. Exxon Mobil Corporation
8.2.4. PT. Idemitsu Lube Indonesia
8.2.5. PT Fuchs Lubricants Indonesia
8.2.6. PT Pertamina Lubricants
8.2.7. Repsol Indonesia
8.2.8. Royal Dutch Shell PLC
9. Research Methodology
10. Key Assumptions and Acronyms

Report

Company Profile

  • CASTROL LIMITED
  • Chevron Corporation
  • Exxon Mobil Corporation
  • Idemitsu Lube Indonesia
  • PT Fuchs Lubricants Indonesia
  • PT Pertamina Lubricants
  • Repsol Indonesia
  • Royal Dutch Shell PLC

Description

Indonesia Lubricants Market size was valued at USD 903.2 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028. The global market report provides a thorough overview, which can be segmented by base oil, product type, and end user. By base oil, the market has been segmented into biobased oil, mineral oil, and synthetic oil. The synthetic oil segment can be estimated to grow the most in the forecast period owing to the advanced technology used in oil manufacturing and the advanced functionality these types of oil provide. Moreover, the mineral oil segment is also about to experience a considerable amount of growth due to its widespread application range and availability of more variants. Based on product type, the Indonesia Lubricants market is segmented into Compressor oil, Engine Oil, Gear Oil, Grease, Hydraulic fluid, Metalworking fluid, Turbine Oil, and Others. Grease has widespread applications in different machines and is estimated to hold the leading position in the lubricants market. Hydraulic fluid, metal working fluid, and turbine oil are advanced technology products derived from previously used lubricants. They provide some extra functionality than the other previous generation lubricant, which can be estimated to witness a demand increase in near future. Based on the end user, the segment has been segregated into Transportation, Industrial, and marine. The transportation segment is anticipated to witness the most growth, followed by marine application.

 

Key Development:

In October 2022, two contract renewals with dependable partner Liqui Moly have been announced with excitement by Dorna Sports. The first confirms Liqui Moly will continue to serve as the Moto2TM and Moto3TM classes’ exclusive lubricant supplier through the year 2027, and the second states the German company will continue to serve as the title sponsor of their home Grand Prix at the Sachsenring through the same year.

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