India Industrial Lubricants Market Outlook to 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “India Industrial Lubricants Market Outlook to 2023 – Expected Tailwinds from Construction, Automotive and Tire Manufacturing along with Surging Penetration from International Companies” provides information on overview of the industrial lubricants market in India, market size by revenue and by sales volume, segmentation by origin (mineral, semi-synthetic and synthetic lubricants), by type of industrial lubricants (hydraulic oil, metal working fluids, industrial gear oils, turbine oils, compressor oils, industrial greases and others), by industrial end use (construction, mining and off-highway equipment; iron and non-iron production; general manufacturing, textile and chemicals; engineering equipment, automotive sector, power generation, cement and others), by type of distribution channel (direct sales and dealer network),by regional sales (north, south, east and west) and by basis of packaging (barrels, drums and tanker load; and smaller packs). The report also covers competition landscape, trends and developments, issues and challenges, end user analysis and government regulations pertaining to lubricants segment in India. The report concludes with future outlook of industrial lubricants in India and certain recommendations highlighting the success factors for entering and expanding in the market. The report is useful for industrial lubricant importers and manufacturers along with end users including plastic manufacturers, metal working companies, auto and auto component manufacturers, construction companies, textile, cement, mining, paper and pulp manufacturers, power generation companies, steel manufacturers and food & beverage companies. India Industrial Lubricants Market Size and Overview The industrial lubricants market in India has reached its maturity stage, therefore meeting demand expectations of every end user industry (construction and mining, metal production, power generation, general manufacturing, food processing, pharmaceuticals and cosmetics) majorly by importing base oil from foreign countries and by domestically producing lubricants within India. Over the review period, India industrial lubricants market observed a healthy growth both in terms of revenues as well as consumption volume. Rising concerns from major industries regarding the maintenance of machineries in order to provide a better quality output has escalated the demand for synthetic and semi-synthetic lubricants in the country. After facing an economic slowdown during the period FY’2016-2017 owing to temporary disruptions caused by demonetization & GST implementation; the market recovered in the FY’2018 with uniform cash flows, easy taxation as well as further growth in India’s manufacturing industry. Interested to Know More about this Report- Request for a sample report Market Segmentation By Origin (Mineral, Semi-Synthetic and Synthetic Lubricants) Mineral oil based lubricants were witnessed to dominate India industrial lubes market during FY’2018. These types of lubricants have been gaining traction in India majorly due to its economical price over semi-synthetic and synthetic types which are costlier as they require highly refined base oil and high quality additives that add to cost of production of these lubricants. The remaining market was collectively captured by synthetic and semi-synthetic lubricants. By Type of Industrial Lubricants (Hydraulic Oil, Metal Working Fluids, Industrial Gear Oils, Turbine Oils, Compressor Oils, Industrial Greases and Others) Hydraulic oils established itself as market leader in the India industrial lubricants market owing to their greater index of viscosity, higher bulk modulus, hydrolytic stability, resistance to wear and demulsification. Other lubricant types including metal working fluids, industrial gear oils, turbine oils, compressor oils, industrial greases and others captured the remaining market in the FY’2018. By Industrial End Use (Construction, mining and off-highway equipment; iron and non-iron production; general manufacturing, textile & chemicals; engineering equipment, automotive sector, power generation, cement and others) The usage of industrial lubricants in India was observed to be high in construction, mining and off-highway equipment sector. As India’s construction and mining sector are catching up fast with its global counter-parts in terms of technological advancements, the demand for hydraulic oil has shifted from not just being volume driven but more of value based. The remaining market was captured by industrial end users such as iron and non-iron production, general manufacturing, textile and chemicals; engineering equipment, automotive sector, power generation, cement and others respectively during FY’2018. By Type of Distribution Channel (Direct Sales and Dealer Network) Direct sales were majorly used by PSU OMCs and international private players in India. Companies prefer selling lubricants directly to customers than via dealers as payments are highly irregular from dealer network. By Regional Sales (North, South, East and West) The northern and southern regions in India were witnessed to dominate the country’s industrial lubes market in FY’2018. In accordance with the Department of Industrial Policy and Promotion (DIPP), the Indian government has been mapping out industrial parks and coastal and SEZs and has revealed a total of 1,850 such projects owned by the centre and other states collectively. On the other hand, west and east side states grabbed the remaining market during FY’2018. By Basis of Packaging (Barrels, Drums and Tanker load; and Smaller Packs) Barrels, drums and tanker load were witnessed to dominate the lube packaging in India industrial lubricants market in the FY’2018. They have a holding capacity of 200 or 210 litres. Smaller packs with a holding capacity of 20 or 26 litres captured the remaining market in the FY’2018. Competitive Landscape in India Industrial Lubricants Market Competition stage in the country’s industrial lubes segment was witnessed to be moderately concentrated along with presence of major PSU OMCs which captured over half of the domestic consumption of industrial lubricants in India during FY’2018. Post liberalization, India industrial lubes market witnessed emergence of various international as well as domestic players owing to high growth potential of industrial lubricants in the country. Some of the major players operating within this segment include IOCL, HPCL, BPCL, Shell, Gandhar Lubes, Exxon Mobil, Gulf petrochem (IPOL), Apar Industries and others. Pricing, brand value as well as marketing strategies adopted by a particular company are considered as of high importance in order to reach a wider target audience in the country. India Industrial Lubricants Market Future Outlook and Projections India industrial lubricants market will prepare itself to meet the future demand anticipated to emerge from the substantial investment proposed in key lubricating segments such as synthetic & semi-synthetic lubricants and bio-based lubricants along with emerging new industrial uses. The “Make-in-India” initiative launched by the Indian government with the primary goal of making India a global manufacturing hub, by encouraging both multi-national and domestic companies to manufacture their products within the country will drive forecasted revenues and sales volume in the next 5 fiscal years. India has been emerging as one of the leading producers of key industrial ores and minerals. With more equipment being put into action, the higher will be the demand for industrial lubricants for efficient and productive operation of mining equipment as they are used under extreme temperature/pressure conditions which would require regular lubrication. Key Segments Covered: By Origin Mineral based Lubricants Semi-Synthetic Lubricants Synthetic Lubricants By Type of Industrial Lubricants Hydraulic Oil Metal Working Fluids Industrial Gear Oils Turbine Oils Compressor Oils Industrial Greases Others (Synthetic gear lubricants, synthetic EP gear lubricants, synthetic polyglycol gear lubricants, compound gear lubricants, and food grade gear lubricants) By Industrial End Use Construction, mining and off-highway equipment Iron and non-iron production General manufacturing, textile & chemicals Engineering equipment Automotive sector Power generation Cement Others (plastic, paper and pulp and steel) By Type of Distribution Channel Direct Sales Dealer Network By Regional Sales North South East West By Basis of Packaging Barrels, Drums and Tanker load Smaller Packs Key Target Audience: Plastic Manufacturers Metal Working Companies Auto and Auto Component Manufacturers Construction Companies Textile Companies Cement Companies Mining Companies Paper and Pulp Manufacturers Power Generation Companies Steel Manufacturers Food & Beverage Companies Visit this Link :- Request for custom report Time Period Captured in the Report: Historical Period – FY’2013-FY’2018 Forecast Period – FY’2018-FY2023E (FY refers to fiscal year ending 31st March of every year; E refers to Estimated Numbers) Companies Covered: Indian Oil Corporation Limited Hindustan Petroleum Corporation Limited Bharat Petroleum Corporation Limited Shell India Gandhar Lubes Exxon Mobil Raj Lubricants Gulf Petrochem (IPOL) Apar Industries Balmer and Lawrie Castrol Total (Company) Savita Oil Valvoline cumins GS Caltex Gulf Oil Lubricants Veedol Lubricants (Tide Water Oil) Others (Universal Halwasiya Group – UHG, Chemoleum, Fuch, Kluber, Starol and remaining local manufacturers) Key Topics Covered in the Report Executive Summary Research Methodology India Industrial Lubricants Market Overview and Genesis India Industrial Lubricants Market Ecosystem Value Chain Analysis in India Industrial Lubricants Market India Industrial Lubricants Market Size, FY’2013-FY’2018 India Industrial Lubricants Market Segmentation, FY’2018 Regulatory Landscape in India Industrial Lubricants Market Trends and Developments in India Industrial Lubricants Market Issues and Challenges in India Industrial Lubricants Market End User Analysis in India Industrial Lubricants Market Competitive Landscape in India Industrial Lubricants Market India Industrial Lubricants Market Future Outlook and Projections, FY’2018-FY’2023E Analyst Recommendation in India Industrial Lubricants Market For more information on the research report, refer to below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-industrial-lubricants-market/177073-100.html Related Reports https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/uae-lubricants-market/167749-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/nigeria-lubricants-market/165955-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/philippines-lubricants-market/142268-100.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91 9015378249 Tags: Analyst Recommendations regarding Lubricants, Auto Component Lubricants India, Cement industry lubricants India, Company Profile of Major Players within Lubricants, Competition Scenario regarding Lubricants, Competitive Landscape regarding Lubricants, Compressor Oil in India, Construction and Mining Boom India, Construction Industry Lubricants India, Disposal of Lubricants in India, Domestic Lubricant Manufacturers India, Emergence of Bio-Based Lubricants, Emerging Lubricant Future Trends in India, Food Grade Lubricants India, Future Lubricant Growth Drivers, Government Regulations regarding Lubricants, High Usage Hydraulic Oil India, Hydraulic Oil in India, Impact of Demonetization on Lubricants, Impact of GST on Lubricants, Import of Base Oil India, Import of Specialized Lubricants India, India Industrial Lubricants Market, Industrial Gear Oil in India, Industrial Greases in India, Industrial Lubricants Market Future, Industrial Lubricants Market Segmentation, International Lubricant Manufacturers India, Issues and Challenges in Lubricants Market, Lube Domestic Production India, Lube Oil Production India, Lubricant Demand Eastern India, Lubricant Demand for Heavy-Equipment, Lubricant Demand Northern India, Lubricant Demand Southern India, Lubricant Demand Western India, Lubricant Packaging Regulations, Lubricant Production and Safety Regulations, Lubricants in Power-Generation Machines, Lubricants Market Overview and Genesis, Lubricants Market Segmentation by Origin, Lubricants Market Segmentation by Region, Make in India Initiative to boost Lubricant, Market Growth Drivers in Lubricants, Market Segmentation by Lubricant End-User, Market Segmentation by Lubricant Type, Market Segmentation by Packaging, Market Share of Major Players, Metal Working Fluids India, Mineral based Lubricants India, Mineral Oil based Lubricants India, Mining Equipment Lubricants India, National Oil Companies in India, Neat Cutting Oil India, Paper and Pulp industry lubricants, Plastic Injection-Molding Machine Lubricants, PSU Oil Marketing Companies in India, Recycling of Lubricants in India, Regional Demand Lubricants India, Regulatory Landscape regarding Lubricants, Semi Synthetic and Synthetic Lubricants, Semi Synthetic Lubricants India, Specialized Oils in India, Steel Industry Lubricants India, Synthetic Lubricants India, System Fluid Lubricants India, Textile machine lubricants India, Trends and Developments of Lubricants India, Turbine Oil in India, Type of Lubricants India, Volatility in Crude Oil Prices, Water soluble Lubricants India