Biolubricants Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Raw Material (Animal Fat, Vegetable Oil), By Application (Automotive, Industrial, Commercial) And By Geography - Forecasts From 2019 To 2024
Published:  May 2021 Report Code: KSI061611854 Pages: 128

Biolubricants market is projected to grow at a CAGR of 4.17% to reach US$4.912 billion by 2024, from US$3.844 billion in 2018. The demand for biolubricants across various industries is significantly augmenting on account of stringent environmental regulations and standards.

covid-19 impact on biolubricants market

The booming global automotive industry is another major driver of biolubricants owing to strict emission norms for automobiles across different regions. Supportive government policies and initiatives to encourage the use of biolubricants along with high investment in R&D will further bolster the growth of the global biolubricants market during the forecast period. Geographically, the market is segmented as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. North America and Europe hold significant market share owing to strict regulatory standards and high awareness regarding the use of biolubricants.

This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the biolubricants value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the biolubricants market.

Major industry players profiled as part of the report are Quaker Chemical Corp., Emery Oleochemicals, and Renewable Lubricants™, Inc. among others.

Segmentation

Biolubricants market has been analyzed through the following segments:

  • By Raw Material
    • Animal Fat
    • Vegetable Oil
  • By Application
    • Automotive
    • Industrial
    • Commercial
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • Australia
      • India
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the biolubricants market size by 2024?
A1. Biolubricants market is projected to reach a total market size of US$4.912 billion in 2024.
 
Q2. What are the growth prospects for biolubricants market?
A2. The biolubricants market is projected to grow at a CAGR of 4.17% over the forecast period.
 
Q3. What factors are anticipated to drive the biolubricants market growth?
A3. The booming global automotive industry is another major driver of biolubricants owing to strict emission norms for automobiles across different regions.
 
Q4. What is the size of global biolubricants market?
A4. The global biolubricants market was valued at US$3.844 billion in 2018.
 
Q5. Which region holds the largest market share in the biolubricants market?
A5. North America and Europe hold significant market share owing to strict regulatory standards and high awareness regarding the use of biolubricants.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
 
2. RESEARCH METHODOLOGY  
2.1. Research Design
2.2. Secondary Sources
 
3. EXECUTIVE SUMMARY
 
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
 
5. BIOLUBRICANTS MARKET BY RAW MATERIAL
5.1. Animal Fat
5.2. Vegetable Oil
 
6. BIOLUBRICANTS MARKET BY APPLICATION
6.1. Automotive
6.2. Industrial
6.3. Commercial
 
7. BIOLUBRICANTS MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. United Kingdom
7.3.2. Germany
7.3.3. France
7.3.4. Italy
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. UAE
7.4.3. Israel
7.4.4. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. Australia
7.5.5. India
7.5.6. Others
 
8. COMPETITIVE INTELLIGENCE
8.1. Market Positioning Matrix and Ranking
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
 
9. COMPANY PROFILES
9.1. Exxon Mobil Corporation
9.2. Emery Oleochemicals
9.3. Environmental Lubricants Manufacturing, Inc.
9.4. Renewable Lubricants™, Inc.
9.5. Cargill, Incorporated
9.6. TOTAL OIL Australia
9.7. Quaker Chemical Corp.
9.8. Royal Dutch Shell plc

Exxon Mobil Corporation

Emery Oleochemicals

Environmental Lubricants Manufacturing, Inc.

Renewable Lubricants™, Inc.

Cargill, Incorporated

TOTAL OIL Australia

Quaker Chemical Corp.

Royal Dutch Shell plc

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