The Global Bio-Lubricant Market is expected to reach USD 3.60 billion by 2025, from USD 2.4 Billion in 2017 growing at a CAGR of 6.9% during the forecast period of 2018 to 2025.
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Global Bio-Lubricant Market, By Type (Vegetable Oil, Animal Fat), Application (Hydraulic Fluids, Metalworking Fluids, Chainsaw Oils, Mold Release Agents), End User (Industrial Commercial Transport, Consumer Automobile), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
- Rising environmental concern.
- Stringent regulation over the use of conventional lubricants in developed countries.
- Increasing use of bio based lubricants derived from renewable resources is also due to their low toxicity, high biodegradability.
- Fluctuations in mineral oil prices.
- High cost of production.
- High viscosity at low temperature
Key Market Competitors:
- United Bio Lube
- Soyatech LLC
- Renewable Lubricants Inc.
- Nio-based Lubricants LLC
The other players in the market are Kluber Lubrication, FUCHS, Panolin AG, Total, BP PLC, Emery Oleo chemicals, and Royal Dutch Shel. Aarhuskarlshamn AB, Albemarle Corp, Benjn R. Vickers & Sons Ltd, Biosynthetic Technologies, Carl Bechem GmbH, Chevron Corp, Clarion Lubricants, Desilube Technology, DSI Venture.
The global bio-lubricant market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Bio-Lubricant Market for global, Europe, North America, APAC, South America and Middle East & Africa.
According to Soyatech LLC media report, AgTech Nexus USA, a two-day conference where agribusinesses, investors, tech companies and other stakeholders will be immersed in the innovations and investment opportunities surrounding this exciting sector was held on June 6-7, 2018 in Boston.
Table of Contents
Major Topics Covered:
- Market Segmentation
- Executive Summary
- Market Overview
- Premium Insights
- Global Bio-Lubricant Market: Regulatory Scenario
- Global Bio-Lubricant Market, By Type
- Global Bio-Lubricant Market, By Source
- Global Bio-Lubricant Market, By Form
10 Global Bio-Lubricant Market, By Application
- Global Bio-Lubricant Market, By Geography
- Global Bio-Lubricant Market, Company Landscape
- Company Profiles
- Related Reports
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- Vegetable Oil
- Animal Fats
- Hydraulic Fluids
- Metalworking Fluids
- Chainsaw Oils
- Mold Release Agents
- Two-Cycle Engine Oils
- Gear Oils
By End-User Industry
- Commercial Transport
- Consumer Automobile
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- North America
- Rest of Europe
- South America
- Rest of south America
- Middle East & Africa
- South Africa
- Rest of MEA
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