industry in Asia Pacific and other emerging economies is further projected to bolster the demand for finished lubricants across the globe .
Global Finished Lubricants Market : Regional Analysis
In terms of demand Asia Pacific is the largest market for finished lubricants followed by North America , Europe and Rest of the World . In North America , U . S was the largest market followed by Canada and Mexico . The demand for finished lubricants used in automotive , energy and industrial applications is expected to be high in this region on account of growing automobile and construction industry in this region . In Europe the major markets for finished lubricants were Germany , France , U . K , and Italy . Other major European country for finished lubricants was Russia , where the recent economic growth has propelled the demand for lubricants employed in automobile and industrial applications . The growth for finished lubricants is also expected to witness strong growth from emerging economies from Asia Pacific such as India , China etc . and developing economies such Indonesia and other South Asian countries . Middle East , Latin America and Africa are also expected to contribute substantially in the demand for finished lubricant used in various applications .
Global Finished Lubricants Market : Key Companies Mentioned in the Report
Some of the major companies operating in the global finished lubricants market are Shell , ExxonMobil , Chemtura , BP , Chevron and NexLube Operating LLC among others .
The report offers a comprehensive evaluation of the market . It does so via in-depth qualitative insights , historical data , and verifiable projections about market size . The projections featured in the report have been derived using proven research methodologies and assumptions . By doing so , the research report serves as a repository of analysis and information for every facet of the market , including but not limited to : Regional markets , technology , types , and applications .
About Us
Transparency Market Research ( TMR ) is a market intelligence company providing global business research reports and consulting services . Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers .
TMR ’ s experienced team of analysts , researchers , and consultants use proprietary data sources along with various tools and techniques to gather and analyze information . Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge .