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市場調查報告書
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1302916

重型設備潤滑油市場 – 2023 年至 2028 年預測

Heavy Equipment Lubricants Market - Forecasts from 2023 to 2028

出版日期: | 出版商: Knowledge Sourcing Intelligence | 英文 138 Pages | 商品交期: 最快1-2個工作天內

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簡介目錄

重型設備潤滑油市場預計在預測期內復合年增長率為 2.05%。

重型機械潤滑油是專門用於保護和維持建築機械、工業機械和農業機械等重型機械性能的潤滑油和潤滑脂。 這些潤滑劑對於這些機器的平穩運行至關重要,因為它們可以減少運動部件之間的摩擦和磨損,從而防止企業和農民出現故障並降低維修成本。 它對維持機械的生產率和效率起著重要作用,直接影響企業的邊際利潤和運營成本。 通過投資優質潤滑油並實施定期維護計劃,消費者可以延長機器的使用壽命。 此外,為設備的各個部件使用正確的潤滑劑可以減少能源消耗並節省燃料和電費。 潤滑油技術的進步正在推動重型設備潤滑油市場的增長。 製造商正在開發能夠在惡劣條件下表現更好、使用壽命更長並且能夠更好地保護重型設備部件的先鋒產品。 此外,由於環境法規的不斷加強,重型機械潤滑油市場預計將在預測期內增長,並且各製造商正在開發環保產品來滿足這些法規。

市場促進因素

建築活動增加。

重型機械潤滑油可以保護和維持挖掘機、推土機、裝載機等工程機械在高溫、高負荷、灰塵環境等惡劣條件下運行時的性能,在建築行業中發揮著重要作用。 由於各國的經濟發展和城市人口的增加,建築活動的增加正在推動對重型機械潤滑油的需求,因為這些潤滑油由於惡劣的操作條件而需要頻繁更換。 國際貿易管理局估計,中國擁有世界上最大的建築業,2021年至2025年將額外投資4.2萬億美元來支持中國住房和城鄉建設部宣布的舉措,我們預計這筆投資將會落實。

油價波動和新技術的出現限制了重型設備潤滑油市場的增長。

這是因為原油價格波動對潤滑油生產成本影響較大,進而導致重型機械潤滑油生產成本波動,進而影響價格和需求。 此外,電動汽車和燃料電池等替代技術的出現作為傳統重型設備的潛在替代技術正在限制重型設備潤滑油市場的增長。 在各公司進行的研究的推動下,向其他設備類型的轉變和此類技術的發展可能會減緩預測期內重型設備潤滑油的增長。

市場趨勢:

  • 2023 年 3 月,HF Sinclair Corporation 旗下專門生產潤滑脂和潤滑油的子公司 PetroCanada Lubricants 宣布推出全新多功能潤滑油 PRODURO TO-4+UHP。
  • 2022 年 2 月,製造和供應各類工程機械的 Schuwing GmbH 的印度子公司 Schwing Stetter India 宣布將加入印度領先的潤滑油製造公司 Gulf Oil Lubricants。宣佈建立戰略合作夥伴關係與India Ltd. 合作生產一系列新型重型設備潤滑油,以滿足建築行業的需求。
  • 2021 年 7 月,美國汽車服務提供商和各種潤滑油製造商 Valvoline Inc. 宣布 ValvolineTM All-Announced Terrain。

按基礎油劃分,市場分為礦物油和合成油。

礦物油基潤滑油是重型設備潤滑油中消耗量最大的,因為它們用途廣泛、經濟高效且適合各種重型設備應用。 然而,世界各國政府正在實施更嚴格的環境法規,以減少排放並改善空氣和水質,而礦物油基潤滑油不環保,因此在使用上受到限制。 而且,高端重型設備中合成油基潤滑油的消費量不斷增加,進一步抑制了礦物油在重型設備潤滑油市場中的市場份額。

農業部門預計在預測期內將大幅增長。

重型設備潤滑油通過保護和維持拖拉機、收割機和其他農業設備等機械的性能在農業中發揮著重要作用。 發動機油、液壓油、變速箱油、齒輪油和潤滑脂是農業領域消耗最多的重型設備潤滑油。 為了滿足世界糧食需求而對農作物產量的需求不斷增加,以及印度等各個發展中國家政府向農民提供其他財政和非財政支持,導致重型機械的消耗增加,這預計工業用潤滑油的需求將進一步增加。

北美在重型設備市場中佔有重要份額,預計在預測期內將會增長。

該地區採礦和農業活動的增加預計將推動北美重型設備潤滑油市場的發展。 美國地質調查局編制的礦產商品摘要顯示,美國採礦業生產的非燃料礦產商品將增長3.8%,從2021年的946億美元增至2022年的982億美元。 此外,2022年美國工業礦物生產總量達到635億美元。 鋼鐵公司對金屬的需求不斷增長以及各行業對礦物的廣泛消耗正在推動北美國家的採礦和開採活動,重型設備潤滑油的消耗量預計將相應增加。

內容

第 1 章簡介

  • 市場概覽
  • 市場定義
  • 調查範圍
  • 市場細分
  • 貨幣
  • 先決條件
  • 基準年和預測年的時間表

第 2 章研究方法

  • 調查數據
  • 調查過程

第 3 章執行摘要

  • 研究亮點

第 4 章市場動態

  • 市場促進因素
  • 市場抑制因素
  • 波特五力分析
  • 行業價值鏈分析

第 5 章重型機械潤滑油市場:按基礎油劃分

  • 簡介
  • 礦物油
  • 合成油

第 6 章重型設備潤滑油市場:按產品類型

  • 簡介
  • 齒輪油
  • 潤滑脂
  • 發動機油
  • 變速箱油和液壓油
  • 其他

第 7 章重型設備潤滑油市場:按最終用戶行業劃分

  • 簡介
  • 建築
  • 採礦
  • 農業
  • 其他

第 8 章重型機械潤滑油市場:按地區劃分

  • 簡介
  • 北美
    • 美國
    • 加拿大
    • 墨西哥
  • 南美洲
    • 巴西
    • 阿根廷
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 西班牙
    • 其他
  • 中東/非洲
    • 沙特阿拉伯
    • 阿拉伯聯合酋長國
    • 以色列
    • 其他
  • 亞太地區
    • 中國
    • 日本
    • 印度
    • 韓國
    • 印度尼西亞
    • 泰國
    • 台灣
    • 其他

第 9 章競爭格局與分析

  • 主要公司及戰略分析
  • 新興公司和市場盈利能力
  • 合併、收購、協議和合作
  • 供應商競爭力矩陣

第 10 章公司簡介

  • BP PLC
  • Lubrita
  • Total energies
  • Chevron Lubricants
  • Exxon Mobil Corporation
  • Royal Dutch Shell PLC
  • JX Nippon
  • Gazprom Neft PJSC
  • Gulf Oil Corporation Limited
  • Sinopec
簡介目錄
Product Code: KSI061615204

The heavy equipment lubricants market is estimated to grow at a CAGR of 2.05% during the forecast period.

Heavy equipment lubricants are specialized oils and greases designed to protect and maintain the performance of heavy machinery such as construction equipment, industrial machinery, and agricultural equipment. These lubricants are essential for the smooth operation of such machines as they reduce friction and wear between moving parts, further preventing breakdowns and repair expenses for companies and farmers. They play a critical role in maintaining the productivity and efficiency of equipment, directly impacting companies' marginal profit and operational costs. Investing in high-quality lubricants and implementing a regular maintenance program enable consumers to extend the lifespan of their machinery. Additionally, the usage of the right lubricant for different components of equipment aids in reducing energy consumption and saving costs on fuel or electricity bills. The advancements in lubricant technology are driving the growth of the heavy equipment lubricant market since manufacturers are developing products that can perform better in extreme conditions, last longer, and provide better protection for heavy equipment components. In addition, the heavy equipment lubricant market is also expected to grow over the forecast period due to the increase in environmental regulations, resulting in the development of eco-friendly products by various manufacturers that comply with such regulations.

Market Drivers

Rise in construction activities.

Heavy equipment lubricants play a critical role in the construction industry by protecting and maintaining the performance of construction equipment such as excavators, bulldozers, and loaders as they operate in demanding conditions, such as high temperatures, heavy loads, and dusty environments. The growth in construction activities across several nations fueled by the economic development of nations and the rise in urban population is driving the demand for heavy equipment lubricants as these lubricants are frequently replaced due to the harsh operating conditions. The International Trade Administration has estimated that China contains the biggest construction sector in the world, and it is estimated to witness an additional investment of US$4.2 trillion from 2021 to 2025 to support an initiative announced by the Chinese Ministry of Housing and Urban-Rural Development.

The inconsistency in oil prices and the emergence of new technologies limit the growth of the heavy equipment lubricants market.

The fluctuations in oil prices significantly impact the cost of producing lubricants since it further leads to fluctuations in the cost of producing heavy equipment lubricants, affecting their price and demand. In addition, the emergence of alternative technologies such as electric vehicles and fuel cells as potential alternatives to traditional heavy equipment is limiting the growth of the heavy equipment lubricant market, as businesses are shifting to adopt alternative technologies that require different lubricants or no lubricants for their functioning. The shift towards other equipment types and the development of such technologies fueled by the research conducted by various companies have the potential to slow the growth of heavy equipment lubricants over the forecast period.

Market Developments:

  • In March 2023, Petro-Canada Lubricants, a subsidiary of HF Sinclair Corporation that specializes in producing greases and lubricants, introduced a new multi-functional lubricant, PRODURO TO-4+ UHP, to enhance the productivity of different heavy-duty mobile equipment used in the mining and construction sector.
  • In February 2022, the Indian subsidiary of Schwing GmbH producing and supplying different types of construction equipment, Schwing Stetter India, announced its strategic partnership with Gulf Oil Lubricants India Ltd, a leading company producing lubricants in India to produce a new heavy equipment lubricant product range to cater to the needs of the construction sector.
  • In July 2021, Valvoline Inc., a company providing automobile services and manufacturing different lubricants in the US, introduced a heavy equipment engine oil lubricant, ValvolineTM All-Terrain, to be used during extreme duty cycles and conditions.

The market is segmented by base oil into mineral and synthetic oil.

Mineral oil-based lubricants are the most consumed type of heavy equipment lubricants as they are widely available, cost-effective, and suitable for different heavy equipment applications. However, governments worldwide are implementing stricter environmental regulations to reduce emissions and improve air and water quality, limiting the use of mineral oil-based lubricants as they are not environmentally friendly. In addition, the rise in consumption of synthetic oil-based lubricants in high-end heavy equipment is further restraining the market share of mineral oil in the heavy equipment lubricants market.

The agriculture sector is expected to grow over the forecast period prominently.

Heavy equipment lubricants play a critical role in agriculture by protecting and maintaining the performance of machinery such as tractors, harvesters, and other farm equipment. Engine oil, hydraulic oil, transmission oil, gear oil, and grease are the agricultural sector's most consumed heavy equipment lubricants. The rising demand for crop yield to meet the global food demand and the provision of other financial and non-financial assistance to farmers by the governments of different developing nations, such as India, is expected to increase the consumption of heavy machinery, which will further increase the demand for heavy equipment lubricants.

North America holds a major share of the heavy equipment market and is expected to grow in the forecast period.

The increase in mining and agricultural activities across the region is anticipated to drive the development of the North American heavy equipment lubricants market. The Mineral Commodity Summaries generated by the US Geological Survey revealed that the nonfuel mineral commodities manufactured by the mining sector in the US increased by 3.8% to increase from US$94.6 billion in 2021 to US$98.2 billion in 2022. Further, the aggregate amount of industrial minerals produced in the US amounted to US$63.5 billion in 2022. The rising demand for metal by steel manufacturing companies and the extensive consumption of minerals across different industries are promoting the mining and extraction activities in North American countries, which is expected to increase the consumption of heavy equipment lubricant oils proportionately.

Market Segmentation:

By Base Oil

  • Mineral Oil
  • Synthetic Oil

By Product Type

  • Gear oil
  • Grease
  • Engine oil
  • Transmission and Hydraulic Fluids
  • Others

By End-User Industry

  • Construction
  • Mining
  • Agriculture
  • Others

By Geography

  • North America
  • USA
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Spain
  • Others
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Others
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Thailand
  • Taiwan
  • Others

TABLE OF CONTENTS

1. INTRODUCTION

  • 1.1. Market Overview
  • 1.2. Market Definition
  • 1.3. Scope of the Study
  • 1.4. Market Segmentation
  • 1.5. Currency
  • 1.6. Assumptions
  • 1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

  • 2.1. Research Data
  • 2.2. Research Process

3. EXECUTIVE SUMMARY

  • 3.1. Research Highlights

4. MARKET DYNAMICS

  • 4.1. Market Drivers
  • 4.2. Market Restraints
  • 4.3. Porter's Five Force Analysis
    • 4.3.1. Bargaining Power of Suppliers
    • 4.3.2. Bargaining Power of Buyers
    • 4.3.3. Threat of New Entrants
    • 4.3.4. Threat of Substitutes
    • 4.3.5. Competitive Rivalry in the Industry
  • 4.4. Industry Value Chain Analysis

5. HEAVY EQUIPMENT LUBRICANTS MARKET BY BASE OIL

  • 5.1. Introduction
  • 5.2. Mineral Oil
  • 5.3. Synthetic Oil

6. HEAVY EQUIPMENT LUBRICANTS MARKET BY PRODUCT TYPE

  • 6.1. Introduction
  • 6.2. Gear oil
  • 6.3. Grease
  • 6.4. Engine oil
  • 6.5. Transmission and Hydraulic Fluids
  • 6.6. Others

7. HEAVY EQUIPMENT LUBRICANTS MARKET BY END-USER INDUSTRY

  • 7.1. Introduction
  • 7.2. Construction
  • 7.3. Mining
  • 7.4. Agriculture
  • 7.5. Others

8. HEAVY EQUIPMENT LUBRICANTS MARKET BY GEOGRAPHY

  • 8.1. Introduction
  • 8.2. North America
    • 8.2.1. USA
    • 8.2.2. Canada
    • 8.2.3. Mexico
  • 8.3. South America
    • 8.3.1. Brazil
    • 8.3.2. Argentina
    • 8.3.3. Others
  • 8.4. Europe
    • 8.4.1. Germany
    • 8.4.2. France
    • 8.4.3. United Kingdom
    • 8.4.4. Spain
    • 8.4.5. Others
  • 8.5. Middle East and Africa
    • 8.5.1. Saudi Arabia
    • 8.5.2. UAE
    • 8.5.3. Israel
    • 8.5.4. Others
  • 8.6. Asia Pacific
    • 8.6.1. China
    • 8.6.2. Japan
    • 8.6.3. India
    • 8.6.4. South Korea
    • 8.6.5. Indonesia
    • 8.6.6. Thailand
    • 8.6.7. Taiwan
    • 8.6.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

  • 9.1. Major Players and Strategy Analysis
  • 9.2. Emerging Players and Market Lucrativeness
  • 9.3. Mergers, Acquisitions, Agreements, and Collaborations
  • 9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

  • 10.1. BP PLC
  • 10.2. Lubrita
  • 10.3. Total energies
  • 10.4. Chevron Lubricants
  • 10.5. Exxon Mobil Corporation
  • 10.6. Royal Dutch Shell PLC
  • 10.7. JX Nippon
  • 10.8. Gazprom Neft PJSC
  • 10.9. Gulf Oil Corporation Limited
  • 10.10. Sinopec