DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/q6s8gm/independent) has announced the addition of the "Independent Lubricant Manufacturers Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast, 2013 - 2019" report to their offering.
Some of the independent lubricant manufacturers namely Southwestern Petroleum Corporation basically deals in manufacturing of heavy duty lubes. They supply lubricants and provide technical assistance for the metalworking fluid industry.
Asia Pacific led the independent lubricant manufacturers market in 2012 owing to the growing industrialization and flourishing automotive market. Countries such as Japan and China are expected to drive the product demand due to high potential in these regions. Asia Pacific is followed by North America and European countries. Mature market conditions and economic slowdown in North American and European market are expected to pull over the market growth in both regions. Cheap labor overheads and easy availability of raw materials are some of the factors attributing to Asian market growth.
The independent lubricant manufacturers market was dominated by industrial product segment in 2012 accounting for more than 50% market share. The automotive lubricant product segment witnessed growth in demand owing to rise in automotive sales worldwide. Rising industrial applications demand high precision technological methods which are expected to open up new opportunities for independent lubricants manufacturers. Inception of automated machinery in agricultural and mining sector involves significant utilization of lubricants which has increased the production efficiency significantly over the past recent years.
The market is fragmented including large and small players. Fuchs dominated the independent lubricant manufacturers market in 2012, accounting for substantial market share. Fuchs primarily focuses on expanding its business through establishing plants in numerous locations across the globe. Fuchs serves several market sectors including vehicle manufacturing, vehicle components, engineering, mining, construction, agriculture and forestry. Some of the other key players in the market include Motul, Pentosin, Liqui Moly, Unil-Opal, Carlube, Royal Purple, Amsoil, Red Line and Torco.
Key Topics Covered
- Executive Summary
- Independent Lubricant Manufacturers' - Industry Analysis
- Independent Lubricant Manufacturers' Market - Product Segment Analysis
- Independent Lubricant Manufacturers' Market - Regional Analysis
- Company Profiles
- Fuchs Petrolub
- Liqui Moly
- Red Line
- Royal Purple
- SCT Mannol
- Sunoco Group
- Torco International Corporation
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