Global Biolubricants Market by Industry Demand & Forecast
The biolubricants market is expected to grow from US$ 1,551.15 million in 2022 to US$ 1,902.41 million by 2028; it is estimated to record a CAGR of 3.5% from 2022 to 2028.
Biolubricants are made from oils derived from vegetables and other renewable resources, including animal products. Biolubricants are biodegradable and nontoxic for humans and aquatic environments. Biodegradability of biolubricants plays a vital role in applications which have a high risk of leaking into the environment. In addition, biolubricants have higher flash points, constant viscosity, and less oil mist/vapor emissions and offer increased safety. Biolubricants also produce fewer emissions and have superior adhesion to metal surfaces. They are used in various applications, including engines, gearboxes, hydraulics, chainsaws, greases, and 2-stroke speedboat engines. Biolubricants are highly used in various end-use industries such as automotive, marine, agriculture & forestry, mining, construction, power transmission, food, and pharmaceuticals.
The biolubricants market growth is attributed to the growing demand for biolubricants from various end-use industries due to increased environmental consciousness, strict environmental laws mandating the use of environmentally acceptable lubricants, and the high disposal expense of the existing non-degradable lubricants. In many countries, there are regulations that forbid the use of mineral oil-based lubricants around inland waterways. Such regulations are driving the demand for biolubricants for various applications. Further, since biolubricants are clean and nontoxic, their use has been mandated in highly sensitive applications such as forestry and marine in some countries across the world. In marine applications, biolubricants are used in different sections and processes of containers, cargo fleets, oil tankers, and other ships for lubrication purposes. Marine biolubricants consist of engine oils, hydraulic oils, compressor oils, slideways oils, gear oils, heat transfer oils, greases, turbine oils, and others. Further, the global seaborne international trade growth has propelled the demand for biolubricants, as they have high efficiency and low emission capacity. Thus, increased use of biolubricants from the marine industry will offer lucrative opportunities for the biolubricants market during the forecast period.
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Biolubricants Market: Strategic Insights
Market Size Value in US$ 1,551.15 Million in 2022 Market Size Value by US$ 1,902.41 Million by 2028 Growth rate CAGR of 3.5% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Biolubricants Market: Strategic Insights
| Market Size Value in | US$ 1,551.15 Million in 2022 |
| Market Size Value by | US$ 1,902.41 Million by 2028 |
| Growth rate | CAGR of 3.5% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Market Insights
Increasing Demand from Automotive Industry Drives Biolubricants Market Growth
Engine oils, transmission fluids, gearbox oils, brake and hydraulic fluids, and other automotive oils are used in the automobile & transportation industry. Biolubricants are used as antifriction and heat-absorbing media and lead to smooth and reliable functions/operations, reducing the risks of frequent failures that help enhance the durability/life-cycle of the vehicle. Automotive lubricants are utilized to reduce friction and moderate the heat produced when two surfaces are in mutual contact. Furthermore, bio-based engine oils display a higher inherent biodegradation rate, low toxicity to aquatic organisms, and very low levels of bioaccumulation. Further, replacing hydrocarbon-based oils with biodegradable products is one of the ways to reduce the adverse effects of lubricants on the ecosystem. With increasing regulatory pressure on improving the fuel efficiency of vehicles and reducing emissions of greenhouse gases, there has been a remarkable development in oil lubricant formulations. These factors are boosting the demand for biolubricants in the automotive industry.
Base Oil Insights
Based on base oil, the biolubricants market is segmented into vegetable oils, animal fats, and others. The vegetable oils segment held the largest share of the market in 2022. Vegetable oils are preferred alternatives to mineral oils for lubricant base stocks because of certain inherent properties, including high viscosity, high boiling range, and biodegradability. Fatty acids in the oil can be chemically modified to form high molecular weight esters, which can substitute conventional mineral oil-based lubricants. These factors are expected to drive the growth of the market for the vegetable oils segment.
Emery Oleochemicals LLC, Fuchs Petrolub SE, Carl Bechem GmbH, PANOLIN AG, Renewable Lubricants Inc, TotalEnergies SE, Shell Plc, RSC Bio Solutions LLC, Crevier Group Inc, and Kluber Lubrication GmbH & Co KG are among the key players operating in the biolubricants market. The leading players adopt strategies such as mergers and acquisitions and product launches to expand their geographic presence and consumer base.
Biolubricants Market Report Scope
Report Spotlights
- Progressive trends in the biolubricants industry to help players develop effective long-term strategies
- Business growth strategies adopted by companies to secure growth in developed and developing markets
- Quantitative analysis of the global biolubricants market from 2020 to 2028
- Estimation of the demand for biolubricants across various industries
- Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the biolubricants industry
- Recent developments to understand the competitive market scenario and demand for biolubricants
- Market trends and outlook, and factors governing the growth of the biolubricants market
- Enlightening strategies that underpin commercial interest concerning the market growth, aiding in the decision-making process
- Biolubricants market size at various nodes of market
- Detailed overview and segmentation of the market, as well as its industry dynamics
- Biolubricants market size in various regions with promising growth opportunities
The "Biolubricants Market Forecast to 2028" is a specialized and in-depth study of the chemicals & materials industry, focusing on the biolubricants market trend analysis. The report aims to provide an overview of the market with detailed segmentation. The biolubricants market is segmented on the basis of base oil, application, end use, and geography. Based on base oil, the market is segmented into vegetable oils, animal fats, and others. Based on application, the market is segmented into gear oils, hydraulic oils, metalworking fluids, greases, and others. By end use, the biolubricants market is segmented into automotive, industrial, marine, agriculture & forestry, and others. The market is segmented into five main regions North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In 2022, Europe dominated the biolubricants market. Asia Pacific is expected to register the highest CAGR in the market during the forecast period. Factors such as growing environmental concerns and increasing crude oil costs are driving the demand for biolubricants in Europe. The demand for biolubricants in Asia Pacific is directly proportional to industrialization and vehicular production in the region. Growing regional construction activities and industrial and automotive sectors accelerate the market growth.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Base Oil, Application, and End Use
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The major driver for the growth of the biolubricants market is the growing demand for biolubricants from various end-use industries due to increased environmental consciousness, strict environmental laws mandating the use of environmentally acceptable lubricants, and the high disposal expense of the existing non-degradable lubricants. In many countries, there are regulations that forbid the use of mineral oil-based lubricants around inland waterways. Such regulations are driving the demand for biolubricants for various applications. These factors are driving the biolubricants market growth.
During the forecast period, marine is expected to be the fastest-growing segment. Biolubricants significantly improve machine performance, minimize environmental impact, and are safe and convenient for marine applications. Synthetic lubricants lost from marine vessels and machinery (not accidental spills) enter the aquatic ecosystem, where severe damage could take place. Hence the usage of ecosystem-friendly and biodegradable marine lubricants is on the rise. In addition, stringent regulations imposed by various governments are encouraging the application of biolubricants in the marine industry. These factors are expected to boost the growth of the marine segment in the biolubricants market demand during the forecast period.
During the forecast period, the hydraulic oils segment is expected to be the fastest-growing segment. Bio-based hydraulic oils inherently have a high viscosity index, which cuts the cost of additional viscosity improvers. Biodegradable fluids are increasingly used in hydraulic equipment, especially in sensitive environments such as food processing plants, water/wastewater, and pharmaceutical processing. These factors are expected to accelerate the growth of the hydraulic oils segment of the biolubricants market.
In 2022, the vegetable oil segment held the largest market share. Vegetable oils are preferred alternatives to mineral oils for lubricant base stocks because of certain inherent properties, including high viscosity, high boiling range and biodegradability. Fatty acids present in the oil can be chemically modified to form high molecular weight esters, which can substitute conventional mineral oil-based lubricants. These factors led to the dominance of the vegetable oils segment in 2021.
Some of the major players operating in the biolubricants market are Emery Oleochemicals LLC, Fuchs Petrolub SE, Carl Bechem GmbH, PANOLIN AG, Renewable Lubricants Inc, TotalEnergies SE, Shell Plc, RSC Bio Solutions LLC, Crevier Group Inc, and Kluber Lubrication GmbH & Co KG.
In 2022, Europe accounted for the largest share of the global biolubricants market. Various regulations imposed by the European Union have encouraged the consumption of biolubricants due to their environment-friendly properties. The factors such as growing environmental concerns, an increase in the cost of crude oil, and the growing automotive industry of the region led to the dominance of Europe in 2021.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Biolubricants Market, by Base Oil
1.3.2 Biolubricants Market, by Application
1.3.3 Biolubricants Market, by End Use
1.3.4 Biolubricants Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Biolubricants Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Biolubricants Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Automobile Sector
5.1.2 Surging Demand for Bio-based and Sustainable Products in Various Industries
5.2 Market Restraints
5.2.1 High Cost and Difficulty in Obtaining Desired Properties of Biolubricant
5.3 Market Opportunities
5.3.1 Increasing Demand for Biolubricants from Marine Industry
5.4 Future Trends
5.4.1 Rising Research and Development to Enhance Performance of Biolubricants
5.5 Impact Analysis of Drivers and Restraint
6. Biolubricants – Global Market Analysis
6.1 Biolubricants Market Overview
6.2 Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Biolubricants Market Players
7. Biolubricants Market Analysis – By Base Oil
7.1 Overview
7.2 Biolubricants Market, By Base Oil (2021 and 2028)
7.3 Vegetable Oils
7.3.1 Overview
7.3.2 Vegetable Oils: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Animal Fats
7.4.1 Overview
7.4.2 Animal Fats: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
8. Biolubricants Market Analysis – By Application
8.1 Overview
8.2 Biolubricants Market, By Application (2021 and 2028)
8.3 Gear Oil
8.3.1 Overview
8.3.2 Gear Oil: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Hydraulic Oil
8.4.1 Overview
8.4.2 Hydraulic Oil: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Metalworking Fluids
8.5.1 Overview
8.5.2 Metalworking Fluids: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Greases
8.6.1 Overview
8.6.2 Greases: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
9. Biolubricants Market Analysis – By End Use
9.1 Overview
9.2 Biolubricants Market, By End Use (2021 and 2028)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Industrial
9.4.1 Overview
9.4.2 Industrial: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Marine
9.5.1 Overview
9.5.2 Marine: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Agriculture & Forestry
9.6.1 Overview
9.6.2 Agriculture & Forestry: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10. Biolubricants Market – Geographic Analysis
10.1 Overview
10.2 North America: Biolubricants Market
10.2.1 North America: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Biolubricants Market, By Base Oil
10.2.3 North America: Biolubricants Market, By Application
10.2.4 North America: Biolubricants Market, By End Use
10.2.5 North America: Biolubricants Market, by Key Country
10.2.5.1 US: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Biolubricants Market, By Base Oil
10.2.5.1.2 US: Biolubricants Market, By Application
10.2.5.1.3 US: Biolubricants Market, By End Use
10.2.5.2 Canada: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Biolubricants Market, By Base Oil
10.2.5.2.2 Canada: Biolubricants Market, By Application
10.2.5.2.3 Canada: Biolubricants Market, By End Use
10.2.5.3 Mexico: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Biolubricants Market, By Base Oil
10.2.5.3.2 Mexico: Biolubricants Market, By Application
10.2.5.3.3 Mexico: Biolubricants Market, By End Use
10.3 Europe: Biolubricants Market
10.3.1 Europe: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Biolubricants Market, By Base Oil
10.3.3 Europe: Biolubricants Market, By Application
10.3.4 Europe: Biolubricants Market, By End Use
10.3.5 Europe: Biolubricants Market, by Key Country
10.3.5.1 Germany: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Biolubricants Market, By Base Oil
10.3.5.1.2 Germany: Biolubricants Market, By Application
10.3.5.1.3 Germany: Biolubricants Market, By End Use
10.3.5.2 France: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Biolubricants Market, By Base Oil
10.3.5.2.2 France: Biolubricants Market, By Application
10.3.5.2.3 France: Biolubricants Market, By End Use
10.3.5.3 Italy: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Biolubricants Market, By Base Oil
10.3.5.3.2 Italy: Biolubricants Market, By Application
10.3.5.3.3 Italy: Biolubricants Market, By End Use
10.3.5.4 UK: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Biolubricants Market, By Base Oil
10.3.5.4.2 UK: Biolubricants Market, By Application
10.3.5.4.3 UK: Biolubricants Market, By End Use
10.3.5.5 Russia: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Biolubricants Market, By Base Oil
10.3.5.5.2 Russia: Biolubricants Market, By Application
10.3.5.5.3 Russia: Biolubricants Market, By End Use
10.3.5.6 Rest of Europe: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Biolubricants Market, By Base Oil
10.3.5.6.2 Rest of Europe: Biolubricants Market, By Application
10.3.5.6.3 Rest of Europe: Biolubricants Market, By End Use
10.4 Asia Pacific: Biolubricants Market
10.4.1 Asia Pacific: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Biolubricants Market, By Base Oil
10.4.3 Asia Pacific: Biolubricants Market, By Application
10.4.4 Asia Pacific: Biolubricants Market, By End Use
10.4.5 Asia Pacific: Biolubricants Market, by Key Country
10.4.5.1 Australia: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Biolubricants Market, By Base Oil
10.4.5.1.2 Australia: Biolubricants Market, By Application
10.4.5.1.3 Australia: Biolubricants Market, By End Use
10.4.5.2 China: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Biolubricants Market, By Base Oil
10.4.5.2.2 China: Biolubricants Market, By Application
10.4.5.2.3 China: Biolubricants Market, By End Use
10.4.5.3 India: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Biolubricants Market, by Base Oil
10.4.5.3.2 India: Biolubricants Market, by Application
10.4.5.3.3 India: Biolubricants Market, by End Use
10.4.5.4 Japan: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Biolubricants Market, By Base Oil
10.4.5.4.2 Japan: Biolubricants Market, By Application
10.4.5.4.3 Japan: Biolubricants Market, By End Use
10.4.5.5 South Korea: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Biolubricants Market, By Base Oil
10.4.5.5.2 South Korea: Biolubricants Market, By Application
10.4.5.5.3 South Korea: Biolubricants Market, By End Use
10.4.5.6 Rest of Asia Pacific: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific: Biolubricants Market, By Base Oil
10.4.5.6.2 Rest of Asia Pacific: Biolubricants Market, By Application
10.4.5.6.3 Rest of Asia Pacific: Biolubricants Market, By End Use
10.5 Middle East and Africa: Biolubricants Market
10.5.1 Middle East and Africa: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East and Africa: Biolubricants Market, By Base Oil
10.5.3 Middle East and Africa: Biolubricants Market, By Application
10.5.4 Middle East and Africa: Biolubricants Market, By End Use
10.5.5 Middle East and Africa: Biolubricants Market, by Key Country
10.5.5.1 South Africa: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Biolubricants Market, By Base Oil
10.5.5.1.2 South Africa: Biolubricants Market, By Application
10.5.5.1.3 South Africa: Biolubricants Market, By End Use
10.5.5.2 Saudi Arabia: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Biolubricants Market, By Base Oil
10.5.5.2.2 Saudi Arabia: Biolubricants Market, By Application
10.5.5.2.3 Saudi Arabia: Biolubricants Market, By End Use
10.5.5.3 UAE: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: Biolubricants Market, By Base Oil
10.5.5.3.2 UAE: Biolubricants Market, By Application
10.5.5.3.3 UAE: Biolubricants Market, By End Use
10.5.5.4 Rest of Middle East and Africa: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of Middle East and Africa: Biolubricants Market, by Base Oil
10.5.5.4.2 Rest of Middle East and Africa: Biolubricants Market, by Application
10.5.5.4.3 Rest of Middle East and Africa: Biolubricants Market, by End Use
10.6 South and Central America: Biolubricants Market
10.6.1 South and Central America: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.6.2 South and Central America: Biolubricants Market, By Base Oil
10.6.3 South and Central America: Biolubricants Market, By Application
10.6.4 South and Central America: Biolubricants Market, By End Use
10.6.5 South and Central America: Biolubricants Market, by Key Country
10.6.5.1 Brazil: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Biolubricants Market, By Base Oil
10.6.5.1.2 Brazil: Biolubricants Market, By Application
10.6.5.1.3 Brazil: Biolubricants Market, By End Use
10.6.5.2 Argentina: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Biolubricants Market, By Base Oil
10.6.5.2.2 Argentina: Biolubricants Market, By Application
10.6.5.2.3 Argentina: Biolubricants Market, By End Use
10.6.5.3 Rest of South and Central America: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South and Central America: Biolubricants Market, By Base Oil
10.6.5.3.2 Rest of South and Central America: Biolubricants Market, By Application
10.6.5.3.3 Rest of South and Central America: Biolubricants Market, By End Use
11. Impact of COVID-19 Pandemic on Global Biolubricants Market
11.1 Impact of COVID-19 on Global Biolubricants Market
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South & Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Product launch
12.2 Product Approval
12.3 Company News
13. Company Profiles
13.1 Emery Oleochemicals LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Fuchs Petrolub SE
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Carl Bechem GmbH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Panolin AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Renewable Lubricants Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 TotalEnergies SE
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Shell Plc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 RSC Bio Solutions LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Crevier Group Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Kluber Lubrication GmbH & Co KG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Global Biolubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Biolubricants Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Global Biolubricants Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. North America Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 8. US Biolubricants Market, Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 9. US Biolubricants Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. US Biolubricants Market, End Use – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe: Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe: Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe: Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 23. France Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 24. France Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 25. France Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 26. Italy Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 27. Italy Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 28. Italy Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 29. UK Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 30. UK Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 31. UK Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 34. Russia Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Europe Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 38. Asia Pacific Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 39. Asia Pacific Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 40. Asia Pacific Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 41. Australia Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 42. Australia Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 44. China Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 45. China Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 46. China Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 47. India Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 48. India Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 49. India Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 50. Japan Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 51. Japan Biolubricants Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 52. Japan Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 53. South Korea Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 54. South Korea Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 55. South Korea Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of Asia Pacific Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of Asia Pacific Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of Asia Pacific Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 59. Middle East and Africa Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 60. Middle East and Africa Biolubricants Market, By Application– Revenue and Forecast to 2028 (US$ Million)
Table 61. Middle East and Africa Biolubricants Market, By End Use– Revenue and Forecast to 2028 (US$ Million)
Table 62. South Africa Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 63. South Africa Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 64. South Africa Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 65. Saudi Arabia Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 68. UAE Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 69. UAE Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 70. UAE Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 71. Rest of Middle East and Africa Biolubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 72. Rest of Middle East and Africa Biolubricants Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of Middle East and Africa Biolubricants Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 74. South and Central America Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 75. South and Central America Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 76. South and Central America Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 77. Brazil Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 78. Brazil Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 79. Brazil Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 80. Argentina Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 81. Argentina Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 82. Argentina Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 83. Rest of South and Central America Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 84. Rest of South and Central America Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of South and Central America Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 86. Glossary of Terms, Global Biolubricants Market
LIST OF FIGURES
Figure 1. Biolubricants Market Segmentation
Figure 2. Biolubricants Market Segmentation – By Geography
Figure 3. Global Biolubricants Market Overview
Figure 4. Global Biolubricants Market, By Base Oil
Figure 5. Global Biolubricants Market, by Geography
Figure 6. Global Biolubricants Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis
Figure 8. Ecosystem: Biolubricants Market
Figure 9. Expert Opinions
Figure 10. Global Biolubricants Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Biolubricants Market
Figure 12. Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Biolubricants Market Revenue Share, By Base Oil (2021 and 2028)
Figure 14. Vegetable Oils: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Animal Fats: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Others: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Biolubricants Market Revenue Share, By Application (2021 and 2028)
Figure 18. Gear Oil: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Hydraulic Oil: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Metalworking Fluids: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Greases: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Others: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Biolubricants Market Revenue Share, By End Use (2021 and 2028)
Figure 24. Automotive: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Industrial: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Marine: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27. Agriculture & Forestry: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 28. Others: Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 29. Global Biolubricants Market Revenue Share, By Region (2021 and 2028)
Figure 30. North America: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. North America: Biolubricants Market Revenue Share, By Base Oil (2021 and 2028)
Figure 32. North America: Biolubricants Market Revenue Share, By Application (2021 and 2028)
Figure 33. North America: Biolubricants Market Revenue Share, By End Use (2021 and 2028)
Figure 34. North America: Biolubricants Market Revenue Share, by Key Country (2021 and 2028)
Figure 35. US: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Canada: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Mexico: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Europe: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Europe: Biolubricants Market Revenue Share, By Base Oil (2021 and 2028)
Figure 40. Europe: Biolubricants Market Revenue Share, By Application (2021 and 2028)
Figure 41. Europe: Biolubricants Market Revenue Share, By Application (2021 and 2028)
Figure 42. Europe: Biolubricants Market Revenue Share, by Key Country (2021 and 2028)
Figure 43. Germany: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. France: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Italy: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. UK: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Russia: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Rest of Europe: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Asia Pacific: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Asia Pacific: Biolubricants Market Revenue Share, By Base Oil (2021 and 2028)
Figure 51. Asia Pacific: Biolubricants Market Revenue Share, By Application (2021 and 2028)
Figure 52. Asia Pacific: Biolubricants Market Revenue Share, By End Use (2021 and 2028)
Figure 53. Asia Pacific: Biolubricants Market Revenue Share, by Key Country (2021 and 2028)
Figure 54. Australia: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 55. China: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 56. India: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 57. Japan: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 58. South Korea: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 59. Rest of Asia Pacific: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 60. Middle East and Africa: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. Middle East and Africa: Biolubricants Market Revenue Share, By Base Oil (2021 and 2028)
Figure 62. Middle East and Africa: Biolubricants Market Revenue Share, By Application (2021 and 2028)
Figure 63. Middle East and Africa: Biolubricants Market Revenue Share, By End Use (2021 and 2028)
Figure 64. Middle East and Africa: Biolubricants Market Revenue Share, by Key Country (2021 and 2028)
Figure 65. South Africa: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 66. Saudi Arabia: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 67. UAE: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of Middle East and Africa: Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 69. South and Central America: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. South and Central America: Biolubricants Market Revenue Share, By Base Oil (2021 and 2028)
Figure 71. South and Central America: Biolubricants Market Revenue Share, By Application (2021 and 2028)
Figure 72. South and Central America: Biolubricants Market Revenue Share, By End Use (2021 and 2028)
Figure 73. South and Central America: Biolubricants Market Revenue Share, by Key Country (2021 and 2028)
Figure 74. Brazil: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 75. Argentina: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. Rest of South and Central America: Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. Impact of COVID-19 Pandemic on North America Country Markets
Figure 78. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 79. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 80. Impact of COVID-19 Pandemic on Middle East & Africa Country Markets
Figure 81. Impact of COVID-19 Pandemic on South & Central America Country Markets
The List of Companies - Biolubricants Market
- Emery Oleochemicals LLC
- Fuchs Petrolub SE
- Carl Bechem GmbH
- PANOLIN AG
- Renewable Lubricants Inc
- TotalEnergies SE
- Shell Plc
- RSC Bio Solutions LLC
- Crevier Group Inc
- Kluber Lubrication GmbH & Co KG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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