Global Biolubricants Sales Market Report 2022
Biolubricants, also known as bio-based lubricants or bio-lubes, are made from a variety of vegetable oils, such as rapeseed, canola, sunflower, soybean, palm, and coconut oils.
Market Analysis and Insights: Global Biolubricants Market
Due to the COVID-19 pandemic, the global Biolubricants market size is estimated to be worth US$ 2857 million in 2021 and is forecast to a readjusted size of US$ 2857 million by 2028 with a CAGR of 5.5% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Biolubricants global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Biolubricants key players include Exxon Mobil, Shell, British Petroleum., TOTAL, Chevron, etc. Global top five manufacturers hold a share about 55%.
North America is the largest market, with a share over 40%, followed by Europe, and Asia (Ex. China), both have a share about 50 percent.
In terms of product, Vegetable Oil is the largest segment, with a share over 80%. And in terms of application, the largest application is Industrial Use, followed by Consumer Automobile, Commercial Transport.
Global Biolubricants Scope and Market Size
The global Biolubricants market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Biolubricants market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Vegetable Oil
Animal Oil
Segment by Application
Industrial Use
Commercial Transport
Consumer Automobile
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Exxon Mobil
Shell
British Petroleum.
TOTAL
Chevron
Renewable Lubricants
Panolin
UBL
Statoil Lubricants
Binol Biolubricants
Market Analysis and Insights: Global Biolubricants Market
Due to the COVID-19 pandemic, the global Biolubricants market size is estimated to be worth US$ 2857 million in 2021 and is forecast to a readjusted size of US$ 2857 million by 2028 with a CAGR of 5.5% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Biolubricants global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Biolubricants key players include Exxon Mobil, Shell, British Petroleum., TOTAL, Chevron, etc. Global top five manufacturers hold a share about 55%.
North America is the largest market, with a share over 40%, followed by Europe, and Asia (Ex. China), both have a share about 50 percent.
In terms of product, Vegetable Oil is the largest segment, with a share over 80%. And in terms of application, the largest application is Industrial Use, followed by Consumer Automobile, Commercial Transport.
Global Biolubricants Scope and Market Size
The global Biolubricants market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Biolubricants market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Vegetable Oil
Animal Oil
Segment by Application
Industrial Use
Commercial Transport
Consumer Automobile
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Exxon Mobil
Shell
British Petroleum.
TOTAL
Chevron
Renewable Lubricants
Panolin
UBL
Statoil Lubricants
Binol Biolubricants
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