The global forestry lubricants market revenue was around US$ 4.5 billion in 2023 and is estimated to reach US$ 6.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.7% during the forecast period from 2024 to 2032.
Forestry lubricants are specialized oils that are used in the care and operation of forestry machinery and equipment. These lubricants are engineered to withstand the demanding requirements in forestry operations, involving the usage of heavy-duty equipment in rough terrains and difficult surroundings.
Market Driving Factors
Surging demand for paper products in manufacturing hygiene products and packaging will drive the market growth. In recent years, the demand for upstream products such as paper towels, coated papers, tissue papers, and paper bags has increased considerably. As a result, manufacturers are increasingly investing in the expansion of facilities and the adoption of cutting-edge equipment.
Manufacturers of forestry lubricants can provide their products directly to customers online via e-commerce, cutting out intermediaries like distributors, dealers, and retail stores. It raises the profit margin and shortens the value chain for manufacturers. In addition, firms that make forestry lubricants have also started utilizing this ground-breaking online marketplace to increase their customer base via online campaigns and digital marketing strategies. As a result, this trend is boosted by e-commerce, which has enabled businesses to reach a broader audience. Thus, this factor is expected to create lucrative opportunities in the market.
Strict regulations regulating synthetic lubricants are estimated to limit the market growth. Several government authorities have introduced stringent regulatory needs regarding utilizing chemicals as lubricants. For instance, the Environmental Protection Agency's (EPA) laws confirm that industrial firms pre-treat wastewater by splitting pollutants to conserve their wastewater treatment plants. As a result, when discharged into the environment, industrial lubricants can clog up sanitary sewers and pollute nearby rivers.
Regional Analysis
Asia Pacific is estimated to dominate the market in terms of revenue. This is owing to the increasing domestic demand for paper products. China is the major economy where paper production is increasing, facilitating a higher influx of investments to increase processing capacity across the paper & pulp processing sector. China produced over US$ 280 million tons of paper and pulp products combined and consumed over US$ 230 million tons in 2022. Thus, the total output of the paper, pulp products industry reached US$ 283.91 million tons in 2022. This is a slight increase of 1.32 percent from 2021. As a result, this data shows a profit gain by the companies which is ultimately profit to the forest lubricants market.
Segmentation Insights
Product Type Insight
The mineral segment dominates the market in terms of shares. This is owing to the mineral oil is extremely useful in petroleum-based items such as medicines, biomedicine, food, textiles, and cosmetics. Furthermore, these oils are also utilized in a variety of mechanical and industrial processes, including thermic fluid, as they serve the lubricant purpose.
The bio-based segment is expected to dominate the market in terms of the highest growth rate. This is primarily due to the bio-based lubricants are especially utilized in machinery with high oil loss into the surroundings, such as railroad flanges, two-stroke engines, dust suppressants, chainsaw bars, and cables. Furthermore, they are also desirable for machinery utilized in environmentally sensitive areas, such as the nearest water bodies, which boosts segment growth.
Application Insight
The transmission & gears segment dominates the market in terms of the largest shares. This is owing to the increasing demand for oils and lubricants for the maintenance of mechanical transmissions will positively affect the market. Furthermore, transmission lubricant oil has various benefits such as anti-wear protection, rust resistance, and compatibility with joint materials. Thus, these lubricants are also capable of withstanding load capacity during harsh/extreme working circumstances.
Prominent Companies
Segmentation Outline
The global forestry lubricants market segmentation focuses on Product Type, Application, and Region.
By Product Type
By Application
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL FORESTRY LUBRICANTS MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: FORESTRY LUBRICANTS MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL FORESTRY LUBRICANTS MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL FORESTRY LUBRICANTS MARKET, BY PRODUCT TYPE
5.1 OVERVIEW
5.2 SYNTHETIC
5.3 SYNTHETIC BLEND
5.4 BIO-BASED
5.5 MINERAL
5.6 OTHERS
6 GLOBAL FORESTRY LUBRICANTS MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 ENGINE
6.3 TRANSMISSION AND GEARS
6.4 HYDRAULICS
6.5 GREASING
6.6 CHAIN OILS/SAW GUIDE OILS
6.7 PAPER MACHINE OILS
6.8 OTHERS
7 GLOBAL FORESTRY LUBRICANTS MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3.1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL FORESTRY LUBRICANTS MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
8.4 COMPETITIVE DASHBOARD
8.5 PRODUCT MAPPING
8.6 TOP PLAYER POSITIONING, 2022
8.7 COMPETITIVE HEATMAP
8.8 TOP WINNING STRATEGIES
9 COMPANY PROFILES
9.1 PENINE LUBRICANTS
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.2 KLUBER LUBRICATION
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.3 EXOL LUBRICANTS LIMITED
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.4 RYMAX LUBRICANTS
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.5 FUCHS
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.6 CHEVRON CORPORATION
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.7 PHILLIPS 66 COMPANY
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.8 REPSOL
9.8.1 OVERVIEW
9.8.2 FINANCIAL PERFORMANCE
9.8.3 PRODUCT OUTLOOK
9.8.4 KEY DEVELOPMENTS
9.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.9 TOTALENERGIES
9.9.1 OVERVIEW
9.9.2 FINANCIAL PERFORMANCE
9.9.3 PRODUCT OUTLOOK
9.9.4 KEY DEVELOPMENTS
9.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.10 ROYAL DUTCH SHELL PLC
9.10.1 OVERVIEW
9.10.2 FINANCIAL PERFORMANCE
9.10.3 PRODUCT OUTLOOK
9.10.4 KEY DEVELOPMENTS
9.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.11 ELBA LUBES
9.11.1 OVERVIEW
9.11.2 FINANCIAL PERFORMANCE
9.11.3 PRODUCT OUTLOOK
9.11.4 KEY DEVELOPMENTS
9.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.12 FRONTIER PERFORMANCE LUBRICANTS INC
9.12.1 OVERVIEW
9.12.2 FINANCIAL PERFORMANCE
9.12.3 PRODUCT OUTLOOK
9.12.4 KEY DEVELOPMENTS
9.12.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.13 CORTEC CORPORATION
9.13.1 OVERVIEW
9.13.2 FINANCIAL PERFORMANCE
9.13.3 PRODUCT OUTLOOK
9.13.4 KEY DEVELOPMENTS
9.13.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.14 EXXON MOBIL CORPORATION
9.14.1 OVERVIEW
9.14.2 FINANCIAL PERFORMANCE
9.14.3 PRODUCT OUTLOOK
9.14.4 KEY DEVELOPMENTS
9.14.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.15 BEHRAN OIL COMPANY
9.15.1 OVERVIEW
9.15.2 FINANCIAL PERFORMANCE
9.15.3 PRODUCT OUTLOOK
9.15.4 KEY DEVELOPMENTS
9.15.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
01
お客様のニーズに合わせてレポートをカスタマイズ可能
02
ベテランの市場調査員による専門的な分析
03
安全で簡単に利用できるオンライン決済方法
04
お客様のご要望に応じて、特定の章を購入することができます。
05
すべてのレポートに専門的な日本語翻訳を提供
06
包括的でわかりやすいレポートを迅速にお届けします。
07
購入後も継続的なサポートとアップデートが受けられます。
We Accept
Copyright ©2022 All rights reserved