Market Overview

Global Marine Lubricants Market (2018-2023) by Lubricant Type, Ship Type and Geography -- Marine Cylinder Lubricants: The Dominating Segment -


The "Global
Marine Lubricants Market - Segmented by Lubricant Type, Ship Type, and
Geography - Growth, Trends, and Forecast (2018 - 2023)"
has been added to's offering.

The Marine Lubricants market is estimated to have a demand of 1,804.97
kilo tons in 2018 and is projected to witness a moderate CAGR during the
forecast period of 2018-2023. Marine cylinder lubricants are the largest
type of lubricants, as of 2017.

Rising Demand for Marine Transport in Asia-Pacific to Boost the

The marine transport in the Europe and Asia-Pacific regions has been
growing steadily since the past two years. The robust growth in online
shopping in Asia-Pacific is expanding the intra-region growth to a major

A majority of the marine transport growth is expected to be witnessed in
the Southeast Asian countries, as they are growing out to be the
strategic points for manufacture and export of products, for many
multinational players.

In addition, owing the new Korea Shipping partnership, the operating
costs of marine transport are expected to decrease along with an
increase in the trade activities in the intra-Asia routes.

These factors are expected to support the growth of the marine
lubricants market in the coming years.

Other Key Highlights

  • Marine Cylinder Lubricants - The Dominating Segment
  • Europe to Witness Slow Growth

Notable Developments in the Market

  • November 2017: Gazprom Neft lubricants has launched the production of
    marine lubes under its Gazpromneft Ocean brand
  • June 2017: Launch of new Shell Argina and Shell Gadinia trunk piston
    oils for the medium-speed engine market by Royal Dutch Shell Plc

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation & Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

  • BP Plc.
  • China Petroleum & Chemical Corporation (Sinopec)
  • Chevron Corporation
  • Exxon Mobil Corporation
  • Gazprom Neft PJSC
  • Gulf Oil Corporation Limited
  • Idemitsu Kosan Co. Ltd
  • Indian Oil Corporation Ltd
  • JX Nippon Oil & Energy Corporation
  • Lukoil
  • Quepet Lubricants
  • Royal Dutch Shell Plc.
  • Total

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