BioLubricants Market Analysis By Raw material (Vegetable oil, Animal oil), By Application (Automotive, Hydraulic, Process, De-molding, Lubricating, Chainsaw, Compressor, Turbine, Industrial gear, Metal working), By End Use (Industrial, Commercial transport, Consumer Automotive) And Segment Forecasts To 2020

Published: Jun, 2014 | Pages: 75 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

BioLubricants Market Analysis By Raw Material (Vegetable oil, Animal oil), By Application (Automotive, Hydraulic, De-molding, Industrial gear, Metal working), By End Use (Industrial, Commercial transport) Expected to Reach USD 2,601.9 Million by 2020
June 2014
The global market for bio-lubricants is expected to reach USD 2,601.9 million by 2020. Bio-lubricants are increasingly being preferred to their mineral counterparts due to desirable properties of biodegradability, constant viscosity, high flash point and lower emissions. In addition, increasing regulatory support towards the use of sustainable products is further expected to augment the demand for bio-lubricants over the forecast period. However, high cost of bio-lubricants in comparison to synthetic lubricants coupled with limited application scope is expected to be a major challenge for the market over the next six years.

Automotive oils were the largest application segment for bio-based lubricants with demand exceeding 150.0 kilo tons in 2013. Increasing preference for bio based products in automobiles, particularly in developed economies of North America and Europe is expected to be a key driver for increasing demand in the segment.

Further key findings from the study suggest:

Global bio-lubricant demand was 585.2 kilo tons in 2013 and is expected to reach 915.4 kilo tons by 2020, growing at a CAGR of 6.6% from 2014 to 2020.
Vegetable oils such as palm oil and castor oil were the largest consumed raw material for the manufacturing of bio-lubricants with combined demand exceeding 450 kilo tons in 2013.
Industrial processes were the largest end use consumers of bio-lubricants with market demand of 297.5 kilo tons in 2013. However, commercial transportation is expected to witness fastest growth at an estimated CAGR of 6.8% from 2014 to 2020 owing to favorable government regulations in major developed nations.
North America was the largest regional market for bio-lubricants with demand expected to reach 343.7 kilo tons by 2020 owing to government initiatives in the form of grants and incentive for the use of bio based products. In addition, Europe is also expected to be a significant regional market over the next six years following the implementation of "Ecolabel," a standard for lubricants (EEL) providing recommendation on policy related to bio-lubricants.
The bio-lubricant market is still in the development phase with numerous companies investing in R&D for the development of proprietary products and production process. The market is dominated by companies such as Shell, Exxon Mobil, Chevron and British Petroleum.
For the purpose of this study, Grand View Research has segmented the Global Bio-Lubricants market on the basis of raw material, application, end use and region:

     Bio-Lubricants Raw Material Outlook (Volume, Kilo Tons; Revenue, USD million, 2012 - 2020)
             Vegetable Oil
             Animal Oil
             Others 
     Bio-Lubricants Application Outlook (Volume, Kilo Tons; Revenue, USD million, 2012 - 2020)
             Automotive Oil
             Hydraulic Oil
             Process Oil
             De-molding Oil
             Lubricating Greases
             Chainsaw Oils
             Compressor Oils
             Turbine Oils
             Industrial gear Oils
             Working metal Oils
     Bio-Lubricants End Use Outlook (Volume, Kilo Tons; Revenue, USD million, 2012 - 2020)
             Industrial Use
             Commercial Transport
             Consumer Automobile
     Bio-Lubricants Regional Outlook (Volume, Kilo Tons; Revenue, USD million, 2012 - 2020)
             North America 
             Europe 
             Asia Pacific 
             RoW

 Table of Contents
Chapter 1 Executive Summary

                1.1 Bio-Lubricants - Industry Summary & Critical Success Factors (CSFs)           

Chapter 2 Bio-lubricants Industry Outlook                                                          

                2.1 Market Segmentation                                          

                2.2 Market Size and Growth Prospects

                2.3 Bio-Lubricants Value Chain Analysis                                           

                2.4 Bio-Lubricants Market Dynamics

                    2.4.1 Market driver analysis

                        2.4.1.1 Regulatory Initiative for use of bio-lubricants

                        2.4.1.2 Reducing dependency on crude oil products

                    2.4.2 Market restraint analysis

                        2.4.2.1 High cost of Bio-Lubricants                                       

                        2.4.2.2 Limited application scope

                2.5 Key Opportunities Prioritized                                           

                2.6 Industry Analysis - Porter's

                2.7 Bio-Lubricants - Company Market Share Analysis

                2.8 Bio-Lubricants - PESTEL Analysis          

Chapter 3 Bio-Lubricants Raw Material Outlook                                                

                3.1 Vegetable Oil

                    3.1.1. Global vegetable oil market estimates and forecast, 2012-2020, (Kilo Tons),

                        3.1.1.1 Global palm oil market estimates and forecast, 2012-2020, (Kilo Tons),

                        3.1.1.2 Global castor oil market estimates and forecast, 2012-2020, (Kilo Tons),

                        3.1.1.3 Global sunflower oil market estimates and forecast, 2012-2020, (Kilo Tons),

                        3.1.1.4 Global other oil market estimates and forecast, 2012-2020, (Kilo Tons),

                3.2 Animal Oil

                    3.2.1 Global animal oil market estimates and forecast, 2012-2020, (Kilo Tons),

Chapter 4 Bio-Lubricants Application Outlook                                                   

                4.1 Automotive Oils

                    4.1.1. Global Bio-Lubricants demand from automotive oils, 2012-2020, (Kilo Tons),

                4.2 Hydraulic Oils

                    4.2.1 Global Bio-Lubricants demand from hydraulic oils, 2012-2020, (Kilo Tons),

                4.3 Process Oils

                    4.3.1 Global Bio-Lubricants demand from process oils, 2012-2020, (Kilo Tons),

                4.4 Demolding Oils

                    4.4.1 Global Bio-Lubricants demand from demolding oils, 2012-2020, (Kilo Tons),

                4.5 Lubricating Greases

                    4.5.1 Global Bio-Lubricants demand from lubricating greases, 2012-2020, (Kilo Tons),

                4.6 Chainsaw Oils

                    4.6.1 Global Bio-Lubricants demand from chainsaw oils, 2012-2020, (Kilo Tons),

                4.7 Compressor Oils

                    4.7.1 Global Bio-Lubricants demand from compressor oils, 2012-2020, (Kilo Tons),

                4.8 Turbine Oils

                    4.8.1 Global Bio-Lubricants demand from turbine oils, 2012-2020, (Kilo Tons),

                4.9 Industrial Gear Oils

                    4.9.1 Global Bio-Lubricants demand from industrial gear oils, 2012-2020, (Kilo Tons),

                4.10 Metal Working Oils

                    4.10.1 Global Bio-Lubricants demand from metal working oils, 2012-2020, (Kilo Tons),

Chapter 5 Bio-Lubricants End Use Outlook                                                        

                5.1 Industrial Use

                    5.1.1. Global Industrial uses market estimates and forecast, 2012-2020, (Kilo Tons),

                5.2 Commercial Transportation

                    5.2.1 Global Commercial transportation market estimates and forecast, 2012-2020, (Kilo Tons),

                5.3 Consumer Automotive

                    5.3.1 Global Consumer automotive market estimates and forecast, 2012-2020, (Kilo Tons),

Chapter 6 Bio-Lubricants Regional Outlook

                6.1 North America

                    6.1.1 North America bio-lubricants market volume by application, 2012-2020 (Kilo Tons),

                    6.1.2 North America bio-lubricant market volume by end use, 2012-2020 (Kilo Tons),

                6.2 Europe

                    6.2.1 Europe bio-lubricants market volume by application, 2012-2020 (Kilo Tons),

                    6.2.2 Europe bio-lubricant market volume by end use, 2012-2020 (Kilo Tons),

                6.3 Asia Pacific

                    6.3.1 Asia Pacific bio-lubricants market volume by application, 2012-2020 (Kilo Tons),

                    6.3.2 Asia Pacific bio-lubricant market volume by end use, 2012-2020 (Kilo Tons),

                6.4 RoW

                    6.4.1 RoW bio-lubricants market volume by application, 2012-2020 (Kilo Tons), 

                    6.4.2 RoW bio-lubricant market volume by end use, 2012-2020 (Kilo Tons),

Chapter 7 Biolubricants Competitive Landscape

                7.1 Total

                    7.1.1 Company Overview

                    7.1.2 Financial Performance

                    7.1.3 Product Benchmarking

                    7.1.4 Strategic Initiatives

                7.2 ExxonMobil

                    7.2.1 Company Overview

                    7.2.2 Financial Performance

                    7.2.3 Product Benchmarking

                    7.2.4 Strategic Initiatives

                7.3 Shell

                    7.3.1 Company Overview

                    7.3.2 Financial Performance

                    7.3.3 Product Benchmarking

                    7.3.4 Strategic Initiatives

                7.4 Binol Biolubricants

                    7.4.1 Company Overview

                    7.4.2 Financial Performance

                    7.4.3 Product Benchmarking

                    7.4.4 Strategic Initiatives

                7.5 Castrol

                    7.5.1 Company Overview

                    7.5.2 Financial Performance

                    7.5.3 Product Benchmarking

                    7.5.4 Strategic Initiatives

                7.6 BP

                    7.6.1 Company Overview

                    7.6.2 Financial Performance

                    7.6.3 Product Benchmarking

                    7.6.4 Strategic Initiatives

                7.7 UBL

                    7.7.1 Company Overview

                    7.7.2 Financial Performance

                    7.7.3 Product Benchmarking

                    7.7.4 Strategic Initiatives

                7.8 Renewable Lubricants Inc

                    7.8.1 Company Overview

                    7.8.2 Financial Performance

                    7.8.3 Product Benchmarking

                    7.8.4 Strategic Initiatives

                7.9 Panolin International Inc

                    7.9.1 Company Overview

                    7.9.2 Financial Performance

                    7.9.3 Product Benchmarking

                    7.9.4 Strategic Initiatives

                7.10 Chevron

                    7.10.1 Company Overview

                    7.10.2 Financial Performance

                    7.10.3 Product Benchmarking

                    7.10.4 Strategic Initiatives

Chapter 8 Methodology & Scope                                      

                8.1 Research Methodology                                       

                8.2 Research Scope & Assumptions                                     

                8.3 List of Data Sources                                            


List of Tables


Bio-Lubricants - Industry Summary & Critical Success Factors (CSFs)
Global Bio-Lubricants market volume and revenue, 2012 - 2020
Bio-Lubricants - Key driver analysis
Bio-Lubricants - Key restraint analysis
Global vegetable oil market estimates and forecast, (volume), 2012-2020
Global palm oil market estimates and forecast, (volume), 2012-2020
Global castor oil market estimates and forecast, (volume), 2012-2020
Global sunflower oil market estimates and forecast, (volume), 2012-2020
Global other oil market estimates and forecast, (volume), 2012-2020
Global animal oil market estimates and forecast, (volume), 2012-2020
Global bio-lubricant demand as automobile oil, (volume), 2012-2020
Global bio-lubricant demand as automobile oil, by region, (volume), 2012-2020
Global bio-lubricant demand as hydraulic oil, (volume), 2012-2020
Global bio-lubricant demand as hydraulic oil, by region, (volume), 2012-2020
Global bio-lubricant demand as process oil, (volume), 2012-2020
Global bio-lubricant demand as process oil, by region, (volume), 2012-2020
Global bio-lubricant demand as de-molding oil, (volume), 2012-2020
Global bio-lubricant demand as de-molding oil, by region, (volume), 2012-2020
Global bio-lubricant demand as lubricating greases, (volume), 2012-2020
Global bio-lubricant demand as lubricating greases, by region, (volume), 2012-2020
Global bio-lubricant demand as chainsaw oil, (volume), 2012-2020
Global bio-lubricant demand as chainsaw oil, by region, (volume), 2012-2020
Global bio-lubricant demand as compressor oil, (volume ), 2012-2020
Global bio-lubricant demand as compressor oil, by region, (volume ), 2012-2020
Global bio-lubricant demand as turbine oil, (volume ), 2012-2020
Global bio-lubricant demand as turbine oil, by region, (volume ), 2012-2020
Global bio-lubricant demand as industrial gear oil, (volume ), 2012-2020
Global bio-lubricant demand as industrial gear oil, by region, (volume ), 2012-2020
Global bio-lubricant demand as metal working oil, (volume ), 2012-2020
Global bio-lubricant demand as metal working, by region, (volume ), 2012-2020
Global bio-lubricant demand for industrial use, (volume ), 2012-2020
Global bio-lubricant demand for industrial use, by region, (volume ), 2012-2020
Global bio-lubricant demand for commercial transport, (volume ), 2012-2020
Global bio-lubricant demand for commercial transport, by region, (volume ), 2012-2020
Global bio-lubricant demand for consumer automotive, (volume ), 2012-2020
Global bio-lubricant demand for consumer automotive, by region, (volume ), 2012-2020
North America Bio-Lubricants market volume, by application, 2012 - 2020 (Kilo Tons)      
North America Bio-Lubricants market volume, by end use, 2012 - 2020 (Kilo Tons)           
Europe Bio-Lubricants market volume, by application, 2012 - 2020 (Kilo Tons)    
Europe Bio-Lubricants market volume, by end use, 2012 - 2020 (Kilo Tons)         
Asia Pacific Bio-Lubricants market volume, by application, 2012 - 2020 (Kilo tons)          
Asia Pacific Bio-Lubricants market volume, by end use, 2012 - 2020 (Kilo tons)   
RoW Bio-Lubricants market volume, by application, 2012 - 2020 (Kilo Tons)        
RoW Bio-Lubricants market volume, by end use, 2012 - 2020 (Kilo Tons)

List of Figures

Bio-Lubricants market segmentation
Global Bio-Lubricants market (Volume), 2012 - 2020
Bio-Lubricants - Value chain analysis
Bio-Lubricants - Market dynamics
Bio-Lubricants - Company market share analysis, 2013
Key opportunities prioritized
Industry analysis - Porter's
Bio-Lubricants PESTEL analysis, 2013
Global Bio-Lubricants market volume share, by raw material, 2013 & 2020
Global vegetable oil market estimates and forecast, (volume), 2012-2020
Global palm oil market estimates and forecast, (volume), 2012-2020
Global castor oil market estimates and forecast, (volume), 2012-2020
Global sunflower oil market estimates and forecast, (volume), 2012-2020
Global other oil market estimates and forecast, (volume), 2012-2020
Global animal oil market estimates and forecast, (volume), 2012-2020
Global Bio-Lubricants market volume share, by application, 2013 & 2020
Global bio-lubricant demand of automobile oil, (volume), 2012-2020
Global bio-lubricant demand in hydraulic oil, (volume), 2012-2020
Global bio-lubricant demand in process oil, (volume), 2012-2020
Global bio-lubricant demand in de-molding oil, (volume), 2012-2020
Global bio-lubricant demand in lubricating greases, (volume), 2012-2020
Global bio-lubricant demand in chainsaw oil, (volume), 2012-2020
Global bio-lubricant demand in compressor oil, (volume), 2012-2020
Global bio-lubricant demand in turbine oil, (volume), 2012-2020
Global bio-lubricant demand in industrial gear oil, (volume), 2012-2020
Global bio-lubricant demand in metal working oil, (volume), 2012-2020
Global Bio-Lubricants market volume share, by end use, 2013 & 2020
Global bio-lubricant demand for industrial use, (volume ), 2012-2020
Global bio-lubricant demand for industrial use, by region, (volume ), 2012-2020
Global bio-lubricant demand for commercial transport, (volume ), 2012-2020
Global bio-lubricant demand for commercial transport, by region, (volume ), 2012-2020
Global bio-lubricant demand for consumer automotive, (volume ), 2012-2020
Global bio-lubricant demand for consumer automotive, by region, (volume ), 2012-2020
Global Bio-Lubricants market volume share, by region, 2013 & 2020
North America Bio-Lubricants market estimates and forecast, 2012-2020 (Kilo Tons),
Europe Bio-Lubricants market estimates and forecast, 2012-2020 (Kilo Tons)
Asia Pacific Bio-Lubricants market estimates and forecast, 2012-2020 (Kilo Tons)
RoW Bio-Lubricants market estimates and forecast, 2012-2020 (Kilo Tons)