The synthetic ester lubricant market was valued at USD 2.8 Billion in 2021 and is expected to reach USD 3.7 Billion by 2030, growing at a CAGR of 4.1% during the forecast period, 2022-2030.
The growing automotive industry and increasing environmental concerns across the globe will increase the demand for synthetic ester lubricant.
Major market player included in this report are:
Shell Global
Exxon Mobil Corporation
BASF SE
BP Castrol
PETRONAS
Chevron Corporation
Valvoline Inc.
British Petroleum
Total
Amsoil Inc
LOPAL
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application
Compressor Oils
Hydraulic Oils
Metal Working Fluids
Diesel and Petrol Engine oils
And Others
By End-User Industry
Automotive
Power
Chemical
Construction and Mining
And Others
By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
Furthermore, years considered for the study are as follows:
Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.
Target Audience of the Global Synthetic Ester Lubricant Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors