India Lubricants Market Industry Analysis and Forecast (2018-2026)

Increasing vehicle production and sale is observed as a major factor driving India’s lubricant market. Lubricants play a vital role in decreasing friction between critical rotating or moving components, dissolving heat which can transform into equipment durability and availability. Ongoing investment in distribution & branding, demand for advanced lubricants and government initiatives towards infrastructure development and growing focus of manufacturers on expanding their production capacities, is expected to fuel the country’s industrial lubricant market. Moreover, the government is planning to develop new seaports and airports which is going to positively influence the industrial lubricant market in India during the forecast period. However, rising crude oil prices restrain the growth of India lubricant market.

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Automotive segment dominated the India lubricant market. This is attributed to a rising in automotive production and sales. The sales of new motor vehicles in the country has been on a constant rise, majorly owing to the growing working population and growing middle-class incomes. The automotive production in India has been on an escalating path with yearly growth rates of over 6%, thus, increasing the demand for engine oils and other lubricants employed in the automotive industry. Substantial investment activity in this segment from both domestic and foreign players. Increasing demand for speciality lubricants due to rising growth areas such as power generation and shipping.

Hydraulic oils are identified as a leading product segment in the India lubricants market owing to their greater index of viscosity, higher bulk modulus, hydrolytic stability, resistance to wear and demulsification. Hydraulic oil held approximately 30% share, followed by 20-25% of industrial engine oils. Rising concerns from major industries regarding the maintenance of machinery in order to provide a better quality output has accelerated the demand for in the industrial engine oils country.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding India Lubricant Market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to emerging segment in India Lubricant Market.

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Scope of the India Lubricants Market

India Lubricants Market, by Product Type:

• Engine Oil
• Transmission & Hydraulic Fluid
• Metalworking Fluid
• General Industrial Oil
• Gear Oil
• Greases
• Process Oils
• Others
India Lubricants Market, by End-User Industry:

• Power Generation
• Automotive
• Heavy Equipment
• Metallurgy & Metal Working
• Chemical Manufacturing
• Others
Key Players analyzed in the Report:

• Exxon Mobil Corporation
• Amsoil Inc.
• Apar Industries Ltd
• Balmer Lawrie & Co. Ltd
• BP PLC
• Bharat Petroleum Corporation Limited (BPCL)
• Continental Petroleums Limited
• GP Petrolemus Ltd
• Idemitsu Kosan Co. Ltd
• Indian Oil Corporation Ltd (IOCL)
• Royal Dutch Shell PLC
• Veedol International Limited

MAJOR TOC OF THE REPORT

India Lubricant Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: India Lubricant Market Size, by Market Value (US$ Mn)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. PEST Analysis
4.8.Competitive Landscape Industry Trends and Emerging Technologies
4.9. Supply Side and Demand Side Indicators
4.10. Competitive Landscape Competitive Landscape

5. India Lubricant Market Analysis and Forecast, by Product
5.1. Introduction and Definition
5.2. Key Findings
5.3. India Lubricant Market Value Share Analysis, by Product
5.4. India Lubricant Market Size (US$ Mn) Forecast, by Product
5.5. India Lubricant Market Analysis, by Product
5.6. India Lubricant Market Attractiveness Analysis, by Product

6. India Lubricant Market Analysis and Forecast, by End Use Industry
6.1. Introduction and Definition
6.2. Key Findings
6.3. India Lubricant Market Value Share Analysis, by End Use Industry
6.4. India Lubricant Market Size (US$ Mn) Forecast, by End Use Industry
6.5. India Lubricant Market Analysis, by End Use Industry
6.6. India Lubricant Market Attractiveness Analysis, by End Use Industry
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