Chemical & Materials Trending Marine Lubricants Market | Page 5

Regional Insights
• Based on region, the global marine lubricants market has been classified into APAC, Europe, North
America, Middle East & Africa, and Central & South America.
• APAC was the largest market for marine lubricants in 2017 and is projected to lead the global
marine lubricants market during the forecast period.
• The APAC marine lubricants market is largely driven by the presence of the world’s busiest ports
in the region, in countries such as China, Singapore, and Hong Kong.
• Increasing trade activities and rising infrastructural developments in the shipping industry (in the
form of increasing network of ports) are primarily responsible for the high demand of marine
lubricants in the region.
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