Global Industrial Gear Oil Market to Grow at a CAGR of 2.8% by 2021 – Key Vendors are BP, Chevron Corporation, Exxon Mobil Corporation, Royal Dutch Shell & Total – Research and Markets
DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global
Industrial Gear Oil Market 2017-2021” report to their offering.
The global industrial gear oil market to grow at a CAGR of 2.89% during
the period 2017-2021.
The report, Global Industrial Gear Oil Market 2017-2021, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects
over the coming years. The report also includes a discussion of the key
vendors operating in this market.
Lubricants play a vital role in sectors such as automotive, aviation,
manufacturing, and marine. These are used in both new and old machines
and equipment to reduce friction, which increases with time due to wear
and tear of surfaces. Lubricants for industrial gear oil applications
are used to minimize wear and tear in gearbox by reducing binding and
friction. In some extreme cases, these may also prevent or reduce
electrical resistivity, while increasing thermal conduction.
Key vendors
- BP
- Chevron Corporation
- Exxon Mobil Corporation
- Royal Dutch Shell
- Total
Other prominent vendors
- Apar Industries
- CITGO Petroleum
- Columbia Petro Chem
- FUCHS
- Gazprom
- Idemitsu Kosan
- LIQUI MOLY
- The Lubrizol Corporation
- LUKOIL
- Pertamina
- Petrobras
- PetroChina
- Sinopec
- SK Lubricants
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geographical segmentation
PART 07: Market segmentation by product
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
For more information about this report visit http://www.researchandmarkets.com/research/xmdrn9/global_industrial
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Related
Topics: Oil,
Lubricants
and Greases
