Marine Lubricants Market: Global Forecasts to 2021 Oct 2016 | Page 3
Marine Lubricants Market: Global
Forecasts to 2021
“Asia-Pacific to be the largest and fastest-growing market during the forecast period”
Asia-Pacific will be the largest market for marine lubricants, as this region has the busiest
ports among all other regions. The maximum trade is accounted from the ports of China,
Hong Kong, Singapore, and South Korea, resulting in high demand for marine lubricants in
these countries. The trade from the ports of these countries is increasing and it will catalyze
the demand for marine lubricants for proper maintenance of cargo, tankers and other types
of ships.
Breakdown of profiles of primary interviews for the report
By Company Type – Tier 1 – 30%, Tier 2 – 43%, and Tier 3 – 27%
By Designation – C Level – 43%, Director Level – 30%, and Others – 27%
By Region – North America – 37%, Europe – 23%, Asia-Pacific – 26%, and RoW – 14%
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