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潤滑油

市場調查報告書

商品編碼

1575802

全球生物潤滑劑市場 - 2024-2031

Global Biolubricants Market - 2024-2031

出版日期: 2024年10月22日 | 出版商:

DataM Intelligence | 英文 204 Pages | 商品交期: 最快1-2個工作天內

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簡介目錄

概述

全球生物潤滑劑市場將於 2023 年達到 24 億美元，預計到 2031 年將達到 36 億美元，2024-2031 年預測期間複合年成長率為 5.2%。

由於嚴格的排放標準和監管框架，對具有優異產品性能（例如一致的黏度、高閃點、生物分解性和降低的排放水平）的潤滑油的需求不斷成長，正在推動多個工業領域的積極擴張。主要利害關係人加強研發工作以及技術進步預計將為潤滑油應用創造新的機會。

此外，高性能、具有經濟競爭力的綠色基礎油的供應量不斷增加，並受到促進此類產品需求的政府法律的影響，該行業得以維持。此外，推動潤滑劑需求的主要催化劑是日益成長的環境問題和嚴格的政府法律，特別是在歐洲和北美，有關合成潤滑劑使用的法律。

美國和加拿大的再生汽車產業，加上美國政府加強監管措施，強制要求各種產品的可再生含量最低，預計將推動生物基潤滑油的使用。美國空軍正在推廣植物性生物分解產品，將其視為國家安全的戰略性和必要性措施，為市場提供額外的推動力。由於該地區生物柴油產量增加，預計北美將從大豆和油菜籽原料過剩中獲益。

動力學

植物油和動物油的新興潛力

鑑於其結構與礦物油中的長鏈碳氫化合物相似，植物油已顯示出作為傳統礦物油替代品的巨大前景。因此，由於這些油具有可再生性、無毒、經濟可行性和環境效率等有益品質，因此擴大用於製造生物潤滑劑。一些經常利用的作物包括大豆、油菜籽和油菜籽。

透過加強以動物油脂為重點的研發活動，預計將促進生物潤滑劑配方產業的擴張。這些油脂在目前主要依賴石化潤滑劑的產業（例如醫療保健產業）具有巨大的經濟潛力。

環境效益帶來的高需求

生物基潤滑產品為傳統潤滑油提供了更環保的選擇，傳統潤滑油會產生有害排放物，造成環境污染。由於其獨特的“環境良性”，該行業正在獲得環保組織的大力支持。

由於消費者環保意識不斷增強，已開發地區原油儲量不斷減少，加上人們普遍認為生物潤滑油是永續的且源自可生物分解的原料，市場經營者預計需求將大幅成長。因此，客戶對環保潤滑油的需求不斷成長預計將促進市場的擴張。

成本高、潤滑性能低

有機植物油基潤滑劑大多可生物分解，因此有可能成為傳統潤滑劑的可行替代品。然而，它們作為基礎油的直接應用受到氧化特性、熱穩定性和水解穩定性不足、低溫性能不佳以及可有效控制的黏度範圍有限的限制。

透過進行適當的化學修飾、在配方中加入抗氧化劑以及與礦物油結合，這些缺點都可以解決。然而，它們會導致費用增加、污染和生物分解性下降。因此，開發一種經濟可行、兼俱生物分解性和卓越潤滑特性的生物基潤滑劑的任務非常艱鉅。

與這些生物潤滑劑相關的費用構成了巨大的障礙。與傳統潤滑劑相比，生物基潤滑劑的價格通常要貴 30-40%。大多數生物基產品的定價可與中等到高性能的礦物油產品相媲美。然而，在生物分解性、潤滑性、黏度和防火性至關重要的某些應用中，證明這些產品的成本增加是合理的。

Increasing demand for lubricants with exceptional product properties such as consistent viscosity, elevated flash points, biodegradability and reduced emission levels is fueling positive expansion in several industrial sectors due to strict emission standards and regulatory frameworks. Enhanced research and development efforts by major stakeholders, together with technical advancements, are anticipated to create new opportunities for lubricant applications.

Moreover, the industry is sustained by the growing availability of high-performance, economically competitive green base oils, influenced by government laws that promote the need for such goods. Furthermore, the primary catalysts driving the need for lubricants are increasing environmental concerns and strict government laws, particularly in Europe and North America, regarding the use of synthetic lubricants.

The regenerated automotive sector in US and Canada, together with heightened regulation measures from US government mandating a minimum renewable content for diverse products, is anticipated to propel the use of bio-based lubricants. US Air Force is promoting plant-based biodegradable products as a strategic and essential measure for national security, serving as an additional impetus for the market. North America is expected to gain from a surplus of soybean and rapeseed feedstock due to elevated biodiesel production in the area.

Dynamics

Emerging Potential of Plant and Animal-Based Oils

Given their structural resemblance to the long-chained hydrocarbons present in mineral oils, plant-based oils have shown significant promise as a replacement for traditional mineral oils. Consequently, these oils are being used more and more in the creation of biolubricants due to their beneficial qualities such as renewability, non-toxicity, economic viability and environmental efficiency. Some often utilized crops include soybean, rapeseed and canola.

The expansion of the biolubricant formulation sector is expected to be enhanced by intensifying research and development activities focused on animal oils and fats. These oils and fats have significant economic potential in industries that now predominantly rely on petrochemical lubricants, such as healthcare.

High Demand due to Environmental Benefits

Bio-based lubrication products provide a more environmentally friendly option to conventional lubricating oils, which contribute to environmental pollution by giving rise to hazardous emissions. Due to its distinctive 'environmental benignity,' the sector is gaining significant support from environmental groups.

Owing to the increasing consumer consciousness about the environment and the diminishing crude oil reserves in developed regions, together with the widely accepted belief that bio-lubricants are sustainable and derived from biodegradable feedstocks, market operators anticipate a substantial rise in demand. Hence, the rising customer demand for environmentally friendly lubricants is expected to facilitate the expansion of the market.

High Cost and Low Lubricating Properties

Organic vegetable oil-based lubricants are mostly biodegradable and hence have the potential to serve as a viable substitute for traditional lubricants. Nevertheless, their direct application as base oil is limited by their inadequate oxidative characteristics, thermal and hydrolytic stability, subpar low-temperature capabilities and a restricted range of viscosities that can be effectively controlled.

By making appropriate chemical modifications, incorporating antioxidants into formulations and combining with mineral oils, these disadvantages can be resolved. However, they lead to rising expenses, pollution and a decrease in biodegradability. Hence, the task of developing an economically viable bio-based lubricant that possesses both biodegradability and exceptional lubricating characteristics is quite demanding.

The expense associated with these bio-lubricants poses a substantial obstacle. Compared to a traditional lubricant, a bio-based lubricant commands a price that is typically 30-40% more expensive. The majority of bio-based products are priced to rival mineral oil products that are of moderate to high performance. Nevertheless, in certain applications where biodegradability, lubricity, viscosity and fire protection are of utmost importance, it is quite reasonable to justify the increased cost of these products.

Segment Analysis

The global biolubricants market is segmented based on product, end-user and region.

Based on Application, Automotive and Transportation dominated the market

A significant share of the bio-lubricants market is attributed to the automotive and transportation industry. The transportation sector prioritizes the improvement of lubricant characteristics, including performance, durability, energy optimization and environmental sustainability. Bio-greases are efficacious in a wide range of applications, encompassing construction vehicles, forestry machinery, rail flanges, rail curves and nautical machinery.

Bio-based metal cutting fluids and coolants are widely used in several sectors for grinding, gear cutting and general machining services. These applications are expected to stimulate market expansion. By their low toxicity, high viscosity index, powerful lubricating qualities, extended machine service life, high combustion temperature and other attributes, bio-based lubricants are anticipated to eventually replace traditional lubricants in the automotive sector.

Geographical Penetration

North America is Estimated to Account for the Largest Share

Projected factors contributing to the growth of bio-based lubricant use include a stimulated automotive sector in US and Canada, as well as growing regulatory oversight by US government that mandates a minimum renewable content for certain goods. Plant-derived biodegradable goods are being promoted by US Air Force as a strategic and basic measure to enhance national security, so contributing to the growth of the market.

In addition, North America is expected to gain advantages from a surplus of soybean and rapeseed feedstock due to the significant biodiesel manufacturing in the region. Besides being a guiding force for the market, US Air Force also promotes plant-derived biodegradable products as part of its strategic and fundamental approach to national defense. The increasing allocation of government funds towards bio-lubricants utilized in the marine and automotive sectors is expected to generate highly profitable prospects for the market.

Competitive Landscape

The major global players in the market include Axel Christiernsson, Carl Bechem Lubricants India Private Limited, BP p.l.c., Cargill, Chevron Corporation, Cortec Corporation, Environmental Lubricants Manufacturing, Inc., Exxon Mobil Corporation, FUCHS, KCM Petro Chemicals, Novvi, LLC., PANOLIN AG, Shell plc and TotalEnergies.

Russia-Ukraine War Impact Analysis

The ongoing conflict between Russia and Ukraine has substantially affected worldwide supply chains, notably impacting the accessibility and pricing of essential raw materials such as crude oil, which serve as crucial components for traditional lubricants. The advent of this disruption has expedited the transition towards biolubricants as industries actively pursue more environmentally friendly and locally produced alternatives.

The growing popularity of plant-based oils, extracted from soybean and rapeseed, can be attributed to their renewable nature and less reliance on unpredictable petroleum prices. Furthermore, the geopolitical conflicts have intensified the attention on energy security and environmental sustainability, therefore stimulating investment in the biolubricant industry.

With the aim of diversifying their supply chains and decreasing dependence on petrochemicals, the war has stimulated greater research and development in biolubricant formulations, particularly those produced from animal fats. This has broadened the possible uses of biolubricants in key sectors like healthcare and transportation.

Product

Engine Oil
Transmission and Hydraulic Fluid
Metalworking Fluid
General Industrial Oil
Gear Oil
Grease
Process Oil
Other

End-User

Power Generation
Automotive and Other Transportation
Heavy Equipment
Food & Beverage
Metallurgy & Metalworking
Chemical Manufacturing
Other

By Region

North America
- US
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
South America
- Brazil
- Argentina
- Rest of South America
Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
Middle East and Africa

Key Developments

In April 2023, Exxon Mobil announced its intention to invest up to US$ 110 million in the development of a lubricants manufacturing plant in India. The planned facility is expected to begin full operations by the end of 2025. The facility's objective is to achieve a manufacturing capacity of 159 million litres of finished lubricants annually.
In November 2022, Shell plc's wholly-owned companies in Switzerland, UK, US and Sweden made bilateral agreements to purchase the environmentally friendly lubricants (ECLs) division of the Panolin Group. The present deal introduces a range of biodegradable lubricants.
In February 2022, BP purchased a 30% ownership interest in Green Biofuels Ltd and will work together to assist in reducing carbon emissions in industry sectors such as construction, freight, off-road and marine. The direct substitution of diesel with renewable hydrogenated vegetable oil (HVO) fuels derived from green biofuels is feasible.

Why Purchase the Report?

To visualize the global biolubricants market segmentation based on Product, End-User and region, as well as understand key commercial assets and players.
Identify commercial opportunities by analyzing trends and co-development.
Excel data sheet with numerous data points of the biolubricants market-level with all segments.
PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
Product mapping available as excel consisting of key products of all the major players.

The global biolubricants market report would provide approximately 63 tables, 54 figures and 204 pages.

Target Audience 2024

Manufacturers/ Buyers
Industry Investors/Investment Bankers
Research Professionals
Emerging Companies

1. Methodology and Scope

1.1. Research Methodology
1.2. Research Objective and Scope of the Report

2. Definition and Overview

3. Executive Summary

3.1. Snippet by Product
3.2. Snippet by End-User
3.3. Snippet by Region

4. Dynamics

4.1. Impacting Factors
- 4.1.1. Drivers
  - 4.1.1.1. Emerging Potential of Plant and Animal-Based Oils
  - 4.1.1.2. High Demand due to Environmental Benefits
- 4.1.2. Restraints
  - 4.1.2.1. High Cost and Low Lubricating Properties
- 4.1.3. Opportunity
- 4.1.4. Impact Analysis

5. Industry Analysis

5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. Russia-Ukraine War Impact Analysis
5.6. DMI Opinion

6. COVID-19 Analysis

6.1. Analysis of COVID-19
- 6.1.1. Scenario Before COVID-19
- 6.1.2. Scenario During COVID-19
- 6.1.3. Scenario Post COVID-19
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion

7. By Product

7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 7.1.2. Market Attractiveness Index, By Product
7.2. Engine Oil*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Transmission and Hydraulic Fluid
7.4. Metalworking Fluid
7.5. General Industrial Oil
7.6. Gear Oil
7.7. Grease
7.8. Process Oil
7.9. Other

8. By End-User

8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 8.1.2. Market Attractiveness Index, By End-User
8.2. Power Generation*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Automotive and Other Transportation
8.4. Heavy Equipment
8.5. Food & Beverage
8.6. Metallurgy & Metalworking
8.7. Chemical Manufacturing
8.8. Other

9. By Region

9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 9.1.2. Market Attractiveness Index, By Region
9.2. North America
- 9.2.1. Introduction
- 9.2.2. Key Region-Specific Dynamics
- 9.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 9.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.2.5.1. US
  - 9.2.5.2. Canada
  - 9.2.5.3. Mexico
9.3. Europe
- 9.3.1. Introduction
- 9.3.2. Key Region-Specific Dynamics
- 9.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 9.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.3.5.1. Germany
  - 9.3.5.2. UK
  - 9.3.5.3. France
  - 9.3.5.4. Italy
  - 9.3.5.5. Spain
  - 9.3.5.6. Rest of Europe
9.4. South America
- 9.4.1. Introduction
- 9.4.2. Key Region-Specific Dynamics
- 9.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 9.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.4.5.1. Brazil
  - 9.4.5.2. Argentina
  - 9.4.5.3. Rest of South America
9.5. Asia-Pacific
- 9.5.1. Introduction
- 9.5.2. Key Region-Specific Dynamics
- 9.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 9.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.5.5.1. China
  - 9.5.5.2. India
  - 9.5.5.3. Japan
  - 9.5.5.4. Australia
  - 9.5.5.5. Rest of Asia-Pacific
9.6. Middle East and Africa
- 9.6.1. Introduction
- 9.6.2. Key Region-Specific Dynamics
- 9.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User

10. Competitive Landscape

10.1. Competitive Scenario
10.2. Market Positioning/Share Analysis
10.3. Mergers and Acquisitions Analysis

11. Company Profiles

11.1. Axel Christiernsson*
- 11.1.1. Company Overview
- 11.1.2. Product Portfolio and Description
- 11.1.3. Financial Overview
- 11.1.4. Key Developments
11.2. Carl Bechem Lubricants India Private Limited
11.3. BP p.l.c.
11.4. Cargill
11.5. Chevron Corporation
11.6. Cortec Corporation
11.7. Environmental Lubricants Manufacturing, Inc.
11.8. Exxon Mobil Corporation
11.9. FUCHS
11.10. KCM Petro Chemicals
11.11. Novvi, LLC.
11.12. PANOLIN AG
11.13. Shell plc
11.14. TotalEnergies