Global Industrial Gear Oil Market to Grow at a CAGR of 2.89% During The Period 2017-2021.

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About Industrial Gear Oil
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.
Technavios analysts forecast the global industrial gear oil market to grow at a CAGR of 2.89% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial gear oil market for 2017-2021. To calculate the market size, the report considers the volume consumed in the lubricants market for gearbox applications and excludes aftermarket/services market.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's 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.
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
Market driver
Growth in the global construction industry
For a full, detailed list, view our report
Market challenge
Decrease in mining-related investments
For a full, detailed list, view our report
Market trend
Increasing number of industry-specific products
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
 Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Lubricant market overview
Global industrial gear oil market
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Geographical segmentation
Global industrial gear oil market by geography
Industrial gear oil market in APAC
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Industrial gear oil market in EMEA
Industrial gear oil market in the Americas
PART 07: Market segmentation by product
Global industrial gear oil market by product type
Global industrial gear oil market by mineral-based lubricants
Global industrial gear oil market by synthetic-based lubricants
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Increasing number of industry-specific products
Digitization in wind turbine gearboxes
Development of bio-lubricants
PART 11: Vendor landscape
Competitive landscape
Other prominent vendors
PART 12: Key vendor analysis
BP
Chevron Corporation
Continue...
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