Biolubricants Market Report - Industry Size, Share, Trends, Growth And Forecast Till 2025

The report offers complete insights of Biolubricants Market based on historical study and evaluates future projections for the period 2018-2025. Further, the report covers current market share, growth, trends and forecast for the involved market segments along with the impact of drivers & restraints and potential opportunities for these segments. The report also analyses the competitive profiling of major players including their company overview, financials, product portfolio and recent developments.

Biolubricants are natural lubricating chemicals extracted from animal fat, sunflower, soybean and rapeseed. Derived from natural sources, these lubricants are non-toxic and biodegradable in nature. However, they can also be made from biodegradable synthetic materials. The BioPreferred Program managed by USDA (U.S. Department of Agriculture) and The Vessel General Permit regulated by US EPA have been a major support behind the growth of the biolubricants market in North America.

Three classes of biolubricants are available in the market, they can be vegetable oil based, animal fat based or based on other sources. They find applications in hydraulic fluids, metalworking fluids, chainsaw oils and mold release agents. The end-user industries for the global biolubricants market include general industries, commercial transport sector and consumer automobile industries. Consumer automobile industries are the leading end-users of the global biolubricants market. In that regards, metalworking fluids and chainsaw fluids are the leading product segments followed by hydraulic fluids.

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The eco-friendly nature of biolubricants has majorly promoted the growth of the global biolubricants market. However, high cost of the biolubricants as compared to the mineral oil lubricants is a currently restraining the growth of this market. Moreover, there is a need for process optimization to reduce overall cost of the final product. Besides, the consumers in developing countries are also hesitant to switch over from mineral oil lubricants to lubricants due to cost-related reasons. This is limiting down the market of biolubricants to developed countries only. In spite of all this, process optimization and support from various government bodies can greatly improve the growth of this market.

Major player assessed in the report are:
- United Bio Lube
- Royal Dutch Shell plc
- Albemarle Corp.
- Exxon Mobil Corp.
- Rowe Mineralo Werk GmbH
- BP plc
- Total SA
- Others

Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.

Table Of Contents – Overview
1.Introduction
2.Executive Summary
3.Market Analysis
4.Biolubricants Market Analysis By Types
5.Biolubricants Market Analysis By Application
6.Biolubricants Market Analysis By End-Use
7.Biolubricants Market Analysis By Region
8.Competitive Landscape Of Biolubricants Companies
9.Company Profiles Of Biolubricants Industry

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