Offshore Lubricants Market- Global Industry Analysis and Forecast (2024-2030)


Offshore Lubricants Market demand was 125.57 Kilo Tons in 2023 and is expected to reach 151.31 Kilo Tons by 2030 at a CAGR of 2.7 during the forecast period.

Offshore Lubricants Market overview:

Lube oil is the lifeblood of engines and it must be maintained clean, dry and in an appropriate chemical condition to fulfill its purpose and protect the engine. Lubricants are used for numerous offshore applications for example turbines, vessel engines, hydraulic equipment, gearboxes, and offshore machinery. Growing offshore oil & gas exploration and production activities particularly in the Gulf of Mexico, Caspian, Arabian Sea, and the Red Sea is expected to drive the global industry in the future. Asia-Pacific represents 55% of the market, consumed by oil-based marine lubricants.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.Offshore Lubricants MarketTo know about the Research Methodology :- Request Free Sample Report

The industry is characterized by a high degree of competition by integrated multinational companies. Major oil & gas companies have a presence across the value chain, so intensifying competition. Top four companies including ExxonMobil Corp., Chevron, Royal Dutch Shell, and Castrol, accounted for above 48% of the global offshore lubricants market in 2023.

Offshore Lubricants Market Dynamics:

An increase in offshore exploration activities, growth in subsea installations, demand for global energy, oil & gas are key driving factors accountable for the growth of the global offshore lubricants market. Moreover, regulatory policies play a vigorous role in shaping the industry development, such as the U.S. EPA, REACH, and ECHA continuously develop, formulate and establish environmental policies associated with their usage. According to the International Energy Agency (IEA), the global oil demand in 2023 is 6.9 mb/d and is expected to reach 104.7 mb/d by 2023. The demand is estimated to rise at an average annual rate of 1.2 mb/d. Besides, other bodies like Beaches Environmental Assessment and Coastal Health (BEACH) amended acts, for example, the Clean Water Act to regulate and control petrochemicals pollution in water bodies, like oceans & seas.

Furthermore, offshore lubricants are broadly used in offshore rig units, FPSOs, and OSVs. Heavy-duty equipment used in these units consumes significant amounts of lubricants for machinery maintenance and improved operational efficiency. Growing offshore drilling activities mostly in the Gulf of Mexico, the South China Sea, Arabian Sea, and the Black Sea are expected to force the growth of the offshore lubricant industry.

However, the global offshore lubricant market is categorized by volatile raw material prices together with stringent environmental regulations for producing conventional lubricants. To control these challenges, producers have been collaborating with biotechnology companies to improve bio-based alternatives, which is further supported by governmental favors and tax incentives for employing clean technologies.

Bio-based lubricants have been gaining importance on account of their eco-friendly properties. The growing emphasis on aquatic pollution through the unregulated disposal of conventional lubricants is also a major factor in the growth of bio-based alternatives.

Offshore Lubricants Market Segmentation:

The global offshore lubricant market is segmented by end-use, application, and region.

According to the application segment, the engine oil is expected to hold the largest market share of the global offshore lubricants market, thanks to the increasing usage of diesel engines to generate electricity and power. Also, floating, production, storage, and offloading vehicles hire highly efficient diesel engines to generate power which wants high amounts of lubricants to reduce the friction between the moving parts. These vessels are capable of weathervane and are capable of utilization in the mild to extreme offshore conditions.

Region-wise, Asia Pacific is the largest market share for the offshore lubricants market because of increased marine trade, a number of ships and cargo manufacturing with technical advancement. Countries like China and India together contributing to over 50% of the global oil demand. The Asia Pacific was followed by North America, which accounted for around 19.2% of the global market share in 2023. North America is characterized by severe regulations by the U.S. EPA about utilization of marine lubricants, such as the U.S. EPA has formulated vessel general permit (VGP) guidelines for vessels operating in waters of the U.S. These VGP necessities are a set of guidelines established decrease aquatic environment impact by prescribing a set list of environmentally acceptable lubricants (EAL).

Recent Development:

In Apr 2022, China’s state-owned Cosco Shipping Energy Transportation has inked a memorandum of understanding (MOU) with oil major ExxonMobil to grow their cooperation on marine lubricants buying and ship leasing.

In Sep 2022, as the run-up to stricter sulfur emissions standards continues, Chevron Marine Lubricants has developed a new range of cylinder lubricants compatible with almost all available global sulfur cap 2022 compliance options as the operation of vessels.

The objective of the report is to present a comprehensive analysis of the Global Offshore Lubricants Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by Region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by Region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Offshore Lubricants Market dynamics, structure by analyzing the market segments and project the Global Offshore Lubricants Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Offshore Lubricants Market make the report investor’s guide.

Offshore Lubricants Market Scope: Inquire before buying






Offshore Lubricants Market




Report Coverage
Details




Base Year:
2023
Forecast Period:
2024-2030




Historical Data:
2018 to 2023
Market Size in 2023:
US $ 125.57 Kilo Tons.




Forecast Period 2024 to 2030 CAGR:
2.7%
Market Size in 2030:
US $ 151.31 Kilo Tons.




 Segments Covered:
by End-use
Offshore Rigs
FPSOs (Floating, Production, Storage & Offloading Vessels)
OSVs (Offshore Support Vessels)




by Application
Engine Oil
Hydraulic Oil
Gear Oil
Grease
Others






Offshore Lubricants Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Offshore Lubricants Market, Key Players are :

1. BP plc.
2. Royal Dutch Shell
3. ExxonMobil
4. Chevron Corporation
5. Total S.A.
6. Sinopec Limited
7. Gulf Oil Marine Limited
8. Lukoil Oil Company
9. British Petroleum
10.Idemitsu Kosan
11.JXTG Nippon
12.Oil & Energy Corp.
13.Aegean Marine Petroleum
14.Fuchs Petrolub SE
15.Castrol
16.Shell International B.V.
17.Quepet Lubricants LLC
18.Hinduja Group
19.PANOLIN
20.Petroliam Nasional Berhad
21.PLUSCO
22.Quepet Lubricants
23.Unimarine
24.BENJN R. VICKERS & SONS

Frequently Asked Questions:

1. Which region has the largest share in Global Offshore Lubricants Market?
Ans: Asia Pacific region held the highest share in 2023.

2. What is the growth rate of Global Offshore Lubricants Market?
Ans: The Global Offshore Lubricants Market is growing at a CAGR of 2.7% during forecasting period 2024-2030.

3. What is scope of the Global Offshore Lubricants market report?
Ans: Global Offshore Lubricants Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Offshore Lubricants market?
Ans: The important key players in the Global Offshore Lubricants Market are – BP plc., Royal Dutch Shell, ExxonMobil, Chevron Corporation, Total S.A., Sinopec Limited, Gulf Oil Marine Limited, Lukoil Oil Company, British Petroleum, Idemitsu Kosan, JXTG Nippon, Oil & Energy Corp., Aegean Marine Petroleum, Fuchs Petrolub SE, Castrol, Shell International B.V., Quepet Lubricants LLC, Hinduja Group, PANOLIN, Petroliam Nasional Berhad, PLUSCO, Quepet Lubricants, Unimarine, and BENJN R. VICKERS & SONS

5. What is the study period of this market?
Ans: The Global Offshore Lubricants Market is studied from 2023 to 2030. 




Offshore Lubricants 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: Offshore Lubricants Market Size, by Market Value (US$ Bn) & Volume (Kilotons)
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. Industry Trends and Emerging Technologies

5. Supply Side and Demand Side Indicators
6. Offshore Lubricants Market Analysis and Forecast
6.1. Offshore Lubricants Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Offshore Lubricants Market Analysis and Forecast, By End-use
7.1. Introduction and Definition
7.2. Key Findings
7.3. Offshore Lubricants Market Value Share Analysis, By End-use
7.4. Offshore Lubricants Market Size (US$ Bn) Forecast, By End-use
7.5. Offshore Lubricants Market Analysis, By End-use
7.6. Offshore Lubricants Market Attractiveness Analysis, By End-use

8. Offshore Lubricants Market Analysis and Forecast, By Application
8.1. Introduction and Definition
8.2. Key Findings
8.3. Offshore Lubricants Market Value Share Analysis, By Application
8.4. Offshore Lubricants Market Size (US$ Bn) Forecast, By Application
8.5. Offshore Lubricants Market Analysis, By Application
8.6. Offshore Lubricants Market Attractiveness Analysis, By Application

9. Offshore Lubricants Market Analysis, by Region
9.1. Offshore Lubricants Market Value Share Analysis, by Region
9.2. Offshore Lubricants Market Size (US$ Bn) Forecast, by Region
9.3. Offshore Lubricants Market Attractiveness Analysis, by Region

10. North America Offshore Lubricants Market Analysis
10.1. Key Findings
10.2. North America Offshore Lubricants Market Overview
10.3. North America Offshore Lubricants Market Value Share Analysis, By End-use
10.4. North America Offshore Lubricants Market Forecast, By End-use
10.4.1. Offshore Rigs
10.4.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
10.4.3. OSVs (Offshore Support Vessels)
10.5. North America Offshore Lubricants Market Value Share Analysis, By Application
10.6. North America Offshore Lubricants Market Forecast, By Application
10.6.1. Engine Oil
10.6.2. Hydraulic Oil
10.6.3. Gear Oil
10.6.4. Grease
10.6.5. Others (turbine oil, compressor oil, circulating oil, etc.)
10.7. North America Offshore Lubricants Market Value Share Analysis, by Country
10.8. North America Offshore Lubricants Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Offshore Lubricants Market Analysis, by Country
10.10. U.S. Offshore Lubricants Market Forecast, By End-use
10.10.1. Offshore Rigs
10.10.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
10.10.3. OSVs (Offshore Support Vessels)
10.11. U.S. Offshore Lubricants Market Forecast, By Application
10.11.1. Engine Oil
10.11.2. Hydraulic Oil
10.11.3. Gear Oil
10.11.4. Grease
10.11.5. Others (turbine oil, compressor oil, circulating oil, etc.)
10.12. Canada Offshore Lubricants Market Forecast, By End-use
10.12.1. Offshore Rigs
10.12.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
10.12.3. OSVs (Offshore Support Vessels)
10.13. Canada Offshore Lubricants Market Forecast, By Application
10.13.1. Engine Oil
10.13.2. Hydraulic Oil
10.13.3. Gear Oil
10.13.4. Grease
10.13.5. Others (turbine oil, compressor oil, circulating oil, etc.)
10.14. North America Offshore Lubricants Market Attractiveness Analysis
10.14.1. By End-use
10.14.2. By Application
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Developments

11. Europe Offshore Lubricants Market Analysis
11.1. Key Findings
11.2. Europe Offshore Lubricants Market Overview
11.3. Europe Offshore Lubricants Market Value Share Analysis, By End-use
11.4. Europe Offshore Lubricants Market Forecast, By End-use
11.4.1. Offshore Rigs
11.4.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
11.4.3. OSVs (Offshore Support Vessels)
11.5. Europe Offshore Lubricants Market Value Share Analysis, By Application
11.6. Europe Offshore Lubricants Market Forecast, By Application
11.6.1. Engine Oil
11.6.2. Hydraulic Oil
11.6.3. Gear Oil
11.6.4. Grease
11.6.5. Others (turbine oil, compressor oil, circulating oil, etc.)
11.7. Europe Offshore Lubricants Market Value Share Analysis, by Country
11.8. Europe Offshore Lubricants Market Forecast, by Country
11.8.1. Germany
11.8.2. U.K.
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Rest of Europe
11.9. Europe Offshore Lubricants Market Analysis, by Country
11.10. Germany Offshore Lubricants Market Forecast, By End-use
11.10.1. Offshore Rigs
11.10.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
11.10.3. OSVs (Offshore Support Vessels)
11.11. Germany Offshore Lubricants Market Forecast, By Application
11.11.1. Engine Oil
11.11.2. Hydraulic Oil
11.11.3. Gear Oil
11.11.4. Grease
11.11.5. Others (turbine oil, compressor oil, circulating oil, etc.)
11.12. U.K. Offshore Lubricants Market Forecast, By End-use
11.12.1. Offshore Rigs
11.12.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
11.12.3. OSVs (Offshore Support Vessels)
11.13. U.K. Offshore Lubricants Market Forecast, By Application
11.13.1. Engine Oil
11.13.2. Hydraulic Oil
11.13.3. Gear Oil
11.13.4. Grease
11.13.5. Others (turbine oil, compressor oil, circulating oil, etc.)
11.14. France Offshore Lubricants Market Forecast, By End-use
11.14.1. Offshore Rigs
11.14.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
11.14.3. OSVs (Offshore Support Vessels)
11.15. France Offshore Lubricants Market Forecast, By Application
11.15.1. Engine Oil
11.15.2. Hydraulic Oil
11.15.3. Gear Oil
11.15.4. Grease
11.15.5. Others (turbine oil, compressor oil, circulating oil, etc.)
11.16. Italy Offshore Lubricants Market Forecast, By End-use
11.16.1. Offshore Rigs
11.16.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
11.16.3. OSVs (Offshore Support Vessels)
11.17. Italy Offshore Lubricants Market Forecast, By Application
11.17.1. Engine Oil
11.17.2. Hydraulic Oil
11.17.3. Gear Oil
11.17.4. Grease
11.17.5. Others (turbine oil, compressor oil, circulating oil, etc.)
11.18. Spain Offshore Lubricants Market Forecast, By End-use
11.18.1. Offshore Rigs
11.18.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
11.18.3. OSVs (Offshore Support Vessels)
11.19. Spain Offshore Lubricants Market Forecast, By Application
11.19.1. Engine Oil
11.19.2. Hydraulic Oil
11.19.3. Gear Oil
11.19.4. Grease
11.19.5. Others (turbine oil, compressor oil, circulating oil, etc.)
11.20. Rest of Europe Offshore Lubricants Market Forecast, By End-use
11.20.1. Offshore Rigs
11.20.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
11.20.3. OSVs (Offshore Support Vessels)
11.21. Rest of Europe Offshore Lubricants Market Forecast, By Application
11.21.1. Engine Oil
11.21.2. Hydraulic Oil
11.21.3. Gear Oil
11.21.4. Grease
11.21.5. Others (turbine oil, compressor oil, circulating oil, etc.)
11.22. Europe Offshore Lubricants Market Attractiveness Analysis
11.22.1. By End-use
11.22.2. By Application
11.23. PEST Analysis
11.24. Key Trends
11.25. Key Developments

12. Asia Pacific Offshore Lubricants Market Analysis
12.1. Key Findings
12.2. Asia Pacific Offshore Lubricants Market Overview
12.3. Asia Pacific Offshore Lubricants Market Value Share Analysis, By End-use
12.4. Asia Pacific Offshore Lubricants Market Forecast, By End-use
12.4.1. Offshore Rigs
12.4.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
12.4.3. OSVs (Offshore Support Vessels)
12.5. Asia Pacific Offshore Lubricants Market Value Share Analysis, By Application
12.6. Asia Pacific Offshore Lubricants Market Forecast, By Application
12.6.1. Engine Oil
12.6.2. Hydraulic Oil
12.6.3. Gear Oil
12.6.4. Grease
12.6.5. Others (turbine oil, compressor oil, circulating oil, etc.)
12.7. Asia Pacific Offshore Lubricants Market Value Share Analysis, by Country
12.8. Asia Pacific Offshore Lubricants Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. ASEAN
12.8.5. Rest of Asia Pacific
12.9. Asia Pacific Offshore Lubricants Market Analysis, by Country
12.10. China Offshore Lubricants Market Forecast, By End-use
12.10.1. Offshore Rigs
12.10.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
12.10.3. OSVs (Offshore Support Vessels)
12.11. China Offshore Lubricants Market Forecast, By Application
12.11.1. Engine Oil
12.11.2. Hydraulic Oil
12.11.3. Gear Oil
12.11.4. Grease
12.11.5. Others (turbine oil, compressor oil, circulating oil, etc.)
12.12. India Offshore Lubricants Market Forecast, By End-use
12.12.1. Offshore Rigs
12.12.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
12.12.3. OSVs (Offshore Support Vessels)
12.13. India Offshore Lubricants Market Forecast, By Application
12.13.1. Engine Oil
12.13.2. Hydraulic Oil
12.13.3. Gear Oil
12.13.4. Grease
12.13.5. Others (turbine oil, compressor oil, circulating oil, etc.)
12.14. Japan Offshore Lubricants Market Forecast, By End-use
12.14.1. Offshore Rigs
12.14.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
12.14.3. OSVs (Offshore Support Vessels)
12.15. Japan Offshore Lubricants Market Forecast, By Application
12.15.1. Engine Oil
12.15.2. Hydraulic Oil
12.15.3. Gear Oil
12.15.4. Grease
12.15.5. Others (turbine oil, compressor oil, circulating oil, etc.)
12.16. ASEAN Offshore Lubricants Market Forecast, By End-use
12.16.1. Offshore Rigs
12.16.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
12.16.3. OSVs (Offshore Support Vessels)
12.17. ASEAN Offshore Lubricants Market Forecast, By Application
12.17.1. Engine Oil
12.17.2. Hydraulic Oil
12.17.3. Gear Oil
12.17.4. Grease
12.17.5. Others (turbine oil, compressor oil, circulating oil, etc.)
12.18. Rest of Asia Pacific Offshore Lubricants Market Forecast, By End-use
12.18.1. Offshore Rigs
12.18.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
12.18.3. OSVs (Offshore Support Vessels)
12.19. Rest of Asia Pacific Offshore Lubricants Market Forecast, By Application
12.19.1. Engine Oil
12.19.2. Hydraulic Oil
12.19.3. Gear Oil
12.19.4. Grease
12.19.5. Others (turbine oil, compressor oil, circulating oil, etc.)
12.20. Asia Pacific Offshore Lubricants Market Attractiveness Analysis
12.20.1. By End-use
12.20.2. By Application
12.21. PEST Analysis
12.22. Key Trends
12.23. Key Developments

13. Middle East & Africa Offshore Lubricants Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Offshore Lubricants Market Overview
13.3. Middle East & Africa Offshore Lubricants Market Value Share Analysis, By End-use
13.4. Middle East & Africa Offshore Lubricants Market Forecast, By End-use
13.4.1. Offshore Rigs
13.4.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
13.4.3. OSVs (Offshore Support Vessels)
13.5. Middle East & Africa Offshore Lubricants Market Value Share Analysis, By Application
13.6. Middle East & Africa Offshore Lubricants Market Forecast, By Application
13.6.1. Engine Oil
13.6.2. Hydraulic Oil
13.6.3. Gear Oil
13.6.4. Grease
13.6.5. Others (turbine oil, compressor oil, circulating oil, etc.)
13.7. Middle East & Africa Offshore Lubricants Market Value Share Analysis, by Country
13.8. Middle East & Africa Offshore Lubricants Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Offshore Lubricants Market Analysis, by Country
13.10. GCC Offshore Lubricants Market Forecast, By End-use
13.10.1. Offshore Rigs
13.10.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
13.10.3. OSVs (Offshore Support Vessels)
13.11. GCC Offshore Lubricants Market Forecast, By Application
13.11.1. Engine Oil
13.11.2. Hydraulic Oil
13.11.3. Gear Oil
13.11.4. Grease
13.11.5. Others (turbine oil, compressor oil, circulating oil, etc.)
13.12. South Africa Offshore Lubricants Market Forecast, By End-use
13.12.1. Offshore Rigs
13.12.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
13.12.3. OSVs (Offshore Support Vessels)
13.13. South Africa Offshore Lubricants Market Forecast, By Application
13.13.1. Engine Oil
13.13.2. Hydraulic Oil
13.13.3. Gear Oil
13.13.4. Grease
13.13.5. Others (turbine oil, compressor oil, circulating oil, etc.)
13.14. Rest of Middle East & Africa Offshore Lubricants Market Forecast, By End-use
13.14.1. Offshore Rigs
13.14.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
13.14.3. OSVs (Offshore Support Vessels)
13.15. Rest of Middle East & Africa Offshore Lubricants Market Forecast, By Application
13.15.1. Engine Oil
13.15.2. Hydraulic Oil
13.15.3. Gear Oil
13.15.4. Grease
13.15.5. Others (turbine oil, compressor oil, circulating oil, etc.)
13.16. Middle East & Africa Offshore Lubricants Market Attractiveness Analysis
13.16.1. By End-use
13.16.2. By Application
13.17. PEST Analysis
13.18. Key Trends
13.19. Key Developments

14. South America Offshore Lubricants Market Analysis
14.1. Key Findings
14.2. South America Offshore Lubricants Market Overview
14.3. South America Offshore Lubricants Market Value Share Analysis, By End-use
14.4. South America Offshore Lubricants Market Forecast, By End-use
14.4.1. Offshore Rigs
14.4.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
14.4.3. OSVs (Offshore Support Vessels)
14.5. South America Offshore Lubricants Market Value Share Analysis, By Application
14.6. South America Offshore Lubricants Market Forecast, By Application
14.6.1. Engine Oil
14.6.2. Hydraulic Oil
14.6.3. Gear Oil
14.6.4. Grease
14.6.5. Others (turbine oil, compressor oil, circulating oil, etc.)
14.7. South America Offshore Lubricants Market Value Share Analysis, by Country
14.8. South America Offshore Lubricants Market Forecast, by Country
14.8.1. Brazil
14.8.2. Mexico
14.8.3. Rest of South America
14.9. South America Offshore Lubricants Market Analysis, by Country
14.10. Brazil Offshore Lubricants Market Forecast, By End-use
14.10.1. Offshore Rigs
14.10.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
14.10.3. OSVs (Offshore Support Vessels)
14.11. Brazil Offshore Lubricants Market Forecast, By Application
14.11.1. Engine Oil
14.11.2. Hydraulic Oil
14.11.3. Gear Oil
14.11.4. Grease
14.11.5. Others (turbine oil, compressor oil, circulating oil, etc.)
14.12. Mexico Offshore Lubricants Market Forecast, By End-use
14.12.1. Offshore Rigs
14.12.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
14.12.3. OSVs (Offshore Support Vessels)
14.13. Mexico Offshore Lubricants Market Forecast, By Application
14.13.1. Engine Oil
14.13.2. Hydraulic Oil
14.13.3. Gear Oil
14.13.4. Grease
14.13.5. Others (turbine oil, compressor oil, circulating oil, etc.)
14.14. Rest of South America Offshore Lubricants Market Forecast, By End-use
14.14.1. Offshore Rigs
14.14.2. FPSOs (Floating, Production, Storage & Offloading Vessels)
14.14.3. OSVs (Offshore Support Vessels)
14.15. Rest of South America Offshore Lubricants Market Forecast, By Application
14.15.1. Engine Oil
14.15.2. Hydraulic Oil
14.15.3. Gear Oil
14.15.4. Grease
14.15.5. Others (turbine oil, compressor oil, circulating oil, etc.)
14.16. South America Offshore Lubricants Market Attractiveness Analysis
14.16.1. By End-use
14.16.2. By Application
14.17. PEST Analysis
14.18. Key Trends
14.19. Key Developments

15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, Market share, Applications and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.3.1. M&A by Regions, Investment and Applications
15.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
15.3. Company Profiles: Key Players
15.3.1. BP plc.
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Development Footprint
15.3.2. Royal Dutch Shell
15.3.3. ExxonMobil
15.3.4. Chevron Corporation
15.3.5. Total S.A.
15.3.6. Sinopec Limited
15.3.7. Gulf Oil Marine Limited
15.3.8. Lukoil Oil Company
15.3.9. British Petroleum
15.3.10. Idemitsu Kosan
15.3.11. JXTG Nippon
15.3.12. Oil & Energy Corp.
15.3.13. Aegean Marine Petroleum
15.3.14. Fuchs Petrolub SE
15.3.15. Castrol
15.3.16. Shell International B.V.
15.3.17. Quepet Lubricants LLC
15.3.18. Hinduja Group
15.3.19. PANOLIN
15.3.20. Petroliam Nasional Berhad
15.3.21. PLUSCO
15.3.22. Quepet Lubricants
15.3.23. Unimarine
15.3.24. BENJN R. VICKERS & SONS

16. Primary Key Insights
  • INQUIRE BEFORE BUYING