Global Marine Lubricants Market 2016 Analysis and Forecast 2020

The functions of marine lubricants on a ship are numerous. Some of the areas of application of marine lubricants onboard a marine vessel includes:
- Marine engine cylinder
- Ramps and side doors
- Lifeboat engines and elevators
- Hydraulic systems
- Transmission systems and open gears
- Bow and stern thrusters
- Gas compressors and turbochargers
- Rudder and propeller controllers
The desired properties of any marine lubricant are highly specific, considering the harsh environment the equipment are subject to in the seas. 

Publisher's analysts forecast the global marine lubricants market to grow at a CAGR of 4.3% during the period 2016-2020.

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Covered in this report 
The report covers the present scenario and the growth prospects of the global marine lubricants market for 2016-2020. The report segments the marine lubricants market by the different product types which include:
- Mineral oil based marine lubricants
- Synthetic marine lubricants
- Bio-based marine lubricants

The market is divided into the following segments based on geography: 
- Americas

Publisher's report, Global Marine Lubricants Market 2016-2020, 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 
- ExxonMobil
- Castrol
- Chevron
- Shell
- Total Lubmarine


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Other prominent vendors 
- World Fuel Services
- Aegean Marine Petroleum
- Sinopec
- Unimarine
- Idemitsu Kosan
- Fuchs Lubricants
- Gulf Oil
- JX Nippon Oil and Energy (ENEOS)
- Indian Oil (Servo)

Market driver 
- Growing size of global marine cargo fleet
- For a full, detailed list, view our report 

Market challenge 
- Increased demand for slow steaming 
- For a full, detailed list, view our report 

Market trend 
- Shift in focus from Europe to Asia
- For a full, detailed list, view our report 



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