Top 5 Vendors in the Global Industrial Gear Oil Market from 2017 to 2021: Technavio

June 1, 2017

#Energy--Technavio has announced the top five leading vendors in their recent global industrial gear oil market 2017-2021 report. This market research report also lists 14 other prominent vendors that are expected to impact the market during the forecast period.

Competitive vendor landscape

According to the research analysis, the global industrial gear oil market is a highly competitive market with major vendors competing based on price, quality, and market presence. However, the market has harsh conditions due to the gradual decrease in the price of oil and gas in the global commodity market, a slowdown in the marine and mining industries.

“Leading companies are aggressively pursuing their efforts to gain market share in the market through joint ventures, MOUs or acquisitions by enhancing their capabilities to gain a competitive edge. Many established players in the market are following the green trend by adding biosynthetic and sustainable lubricants to their product portfolio. Strict environmental regulations along with fluctuating prices of base stock are compelling players to go green,” says Thanikachalam Chandrasekaran, a lead analyst at Technavio for oil and gas research.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Technavio market research analysts identify the following key vendors:

BP

BP is one of the major players in the energy industry. The company is present in the upstream segment and downstream segment. In the lubricants sector, BP is one of the leading manufacturers of motor oils and lubricants. The company offers industrial gear oil through its lubricant division under transmission and gear oils.

Chevron Corporation

The company is involved in exploring, production, transportation, and refining of crude oil and natural gas. Chevron Corporation has a wide range of products in the industrial gear oil arena. These products have a history of providing longer equipment life, extended drain intervals, improved fuel economy, and end-to-end protection.

Exxon Mobil Corporation

Exxon Mobil Corporation is a leading player in the petroleum and petrochemical business worldwide. It is one of the largest refiners and base stock manufacturers worldwide. It provides industrial gear oil lubricants to maximize production and ensure safe operations. It offers a wide range of synthetic and mineral oil-based lubricants for the industrial gear oil industry.

Royal Dutch Shell

Royal Dutch Shell produces and refines petroleum, lubricants, and other chemicals in addition to fuels. The company has a huge presence in the global industrial gear oil lubricants market, as it offers a broad range of specially designed products and services for this segment.

Total

Total is an energy sector company, having its presence in both upstream and downstream sectors. Total also operates in the renewable energy and power generation sectors. In the lubricants sector, Total supplies lubricants to all the industries in energy, chemicals, metals, textiles, glass, food, marine, and mining. In the industrial gear oil lubricants segment, Total provides its services through industry lubricants.

Browse Related Reports:
Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like power, energy storage, and smart grid. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at [email protected].

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

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LONDON–(BUSINESS WIRE)–#Energy—Technavio
has announced the top five leading vendors in their recent global
industrial gear oil market 2017-2021 report. This market
research report also lists 14 other prominent vendors that are expected
to impact the market during the forecast period.

Competitive vendor landscape

According to the research analysis, the global industrial
gear oil market is a highly competitive market with major
vendors competing based on price, quality, and market presence. However,
the market has harsh conditions due to the gradual decrease in the price
of oil and gas in the global commodity market, a slowdown in the marine
and mining industries.

“Leading companies are aggressively pursuing their efforts to gain
market share in the market through joint ventures, MOUs or acquisitions
by enhancing their capabilities to gain a competitive edge. Many
established players in the market are following the green trend by
adding biosynthetic and sustainable lubricants to their product
portfolio. Strict environmental regulations along with fluctuating
prices of base stock are compelling players to go green,” says
Thanikachalam Chandrasekaran, a lead analyst at Technavio for oil
and gas research.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

Technavio market research analysts identify the following key
vendors:

BP is one of the major players in the energy industry. The company is
present in the upstream segment and downstream segment. In the
lubricants sector, BP is one of the leading manufacturers of motor oils
and lubricants. The company offers industrial gear oil through its
lubricant division under transmission and gear oils.

Chevron Corporation

The company is involved in exploring, production, transportation, and
refining of crude oil and natural gas. Chevron Corporation has a wide
range of products in the industrial gear oil arena. These products have
a history of providing longer equipment life, extended drain intervals,
improved fuel economy, and end-to-end protection.

Exxon Mobil Corporation

Exxon Mobil Corporation is a leading player in the petroleum and
petrochemical business worldwide. It is one of the largest refiners and
base stock manufacturers worldwide. It provides industrial gear oil
lubricants to maximize production and ensure safe operations. It offers
a wide range of synthetic and mineral oil-based lubricants for the
industrial gear oil industry.

Royal Dutch Shell

Royal Dutch Shell produces and refines petroleum, lubricants, and other
chemicals in addition to fuels. The company has a huge presence in the
global industrial gear oil lubricants market, as it offers a broad range
of specially designed products and services for this segment.

Total

Total is an energy sector company, having its presence in both upstream
and downstream sectors. Total also operates in the renewable energy and
power generation sectors. In the lubricants sector, Total supplies
lubricants to all the industries in energy, chemicals, metals, textiles,
glass, food, marine, and mining. In the industrial gear oil lubricants
segment, Total provides its services through industry lubricants.

Browse Related Reports:

Become a Technavio
Insights member and access all three of these reports for a
fraction of their original cost. As a Technavio Insights member, you
will have immediate access to new reports as they’re published in
addition to all 6,000+ existing reports covering segments like power,
energy
storage, and smart
grid. This subscription nets you thousands in savings, while
staying connected to Technavio’s constant transforming research library,
helping you make informed business decisions more efficiently.

About Technavio

Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 630 333 9501
UK: +44 208 123 1770
www.technavio.com