Table of Content


1 INTRODUCTION 35
1.1 OBJECTIVES OF THE STUDY 35
1.2 MARKET DEFINITION 35
1.2.1 CONSTRUCTION LUBRICANT MARKET: INCLUSIONS AND EXCLUSIONS 35
1.2.2 CONSTRUCTION LUBRICANTS: MARKET DEFINITION AND INCLUSIONS,
BY BASE OIL 36
1.2.3 CONSTRUCTION LUBRICANTS: MARKET DEFINITION AND INCLUSIONS,
BY TYPE 36
1.2.4 CONSTRUCTION LUBRICANTS: MARKET DEFINITION AND INCLUSIONS,
BY EQUIPMENT TYPE 37
1.3 MARKET DEFINITION 37
FIGURE 1 CONSTRUCTION LUBRICANTS MARKET SEGMENTATION 37
1.3.1 REGIONS COVERED 38
1.3.2 YEARS CONSIDERED FOR THE STUDY 38
1.4 CURRENCY 39
1.5 UNITS CONSIDERED 39
1.6 STAKEHOLDERS 39
1.7 SUMMARY OF CHANGES 39
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 2 CONSTRUCTION LUBRICANTS MARKET: RESEARCH DESIGN 41
2.1.1 SECONDARY DATA 42
2.1.2 PRIMARY DATA 42
2.1.2.1 Primary interviews – Demand- and Supply-side 42
2.1.2.2 Key industry insights 43
2.1.2.3 Breakdown of primary interviews 44
2.2 MARKET SIZE ESTIMATION 44
2.2.1 BOTTOM-UP APPROACH 45
FIGURE 3 MARKET SIZE ESTIMATION - APPROACH 1 (SUPPLY-SIDE): REVENUE FROM CONSTRUCTION LUBRICANTS 45
FIGURE 4 MARKET SIZE ESTIMATION - BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE OF ALL CONSTRUCTION LUBRICANTS COMPANIES 45
FIGURE 5 MARKET SIZE ESTIMATION - APPROACH 2 – BOTTOM-UP (DEMAND-SIDE): CONSTRUCTION EQUIPMENT AND LUBRICANTS CONSUMPTION 46
FIGURE 6 MARKET SIZE ESTIMATION - APPROACH 3 – BOTTOM-UP (DEMAND-SIDE): CONSTRUCTION EQUIPMENT AND FUEL CONSUMPTION 48
2.2.2 TOP-DOWN APPROACH 49
FIGURE 7 MARKET SIZE ESTIMATION: APPROACH 4 – TOP-DOWN 49
2.3 DATA TRIANGULATION 49
FIGURE 8 CONSTRUCTION LUBRICANTS MARKET: DATA TRIANGULATION 50
2.4 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 50
2.4.1 SUPPLY-SIDE 50
FIGURE 9 MARKET CAGR PROJECTIONS FROM SUPPLY-SIDE 51
2.4.2 DEMAND-SIDE 51
FIGURE 10 MARKET GROWTH PROJECTIONS FROM DEMAND SIDE: DRIVERS AND OPPORTUNITIES 51
2.5 FACTORS ANALYSIS 52
2.6 ASSUMPTIONS 52
2.7 LIMITATIONS 53
2.8 RISK ASSESSMENT 53
TABLE 1 CONSTRUCTION LUBRICANTS MARKET: RISK ASSESSMENT 53
3 EXECUTIVE SUMMARY 54
FIGURE 11 ENGINE OIL ESTIMATED TO BE LARGEST TYPE OF CONSTRUCTION LUBRICANT IN 2021 54
FIGURE 12 SYNTHETIC OIL TO BE FASTER-GROWING SEGMENT OF CONSTRUCTION LUBRICANTS MARKET 55
FIGURE 13 APAC ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2020 56
4 PREMIUM INSIGHTS 57
4.1 ATTRACTIVE OPPORTUNITIES IN CONSTRUCTION LUBRICANTS MARKET 57
FIGURE 14 GROWING CONSTRUCTION INDUSTRY TO DRIVE CONSTRUCTION LUBRICANTS MARKET DURING THE FORECAST PERIOD 57
4.2 CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION 57
FIGURE 15 APAC TO BE LARGEST MARKET FOR CONSTRUCTION LUBRICANTS DURING THE FORECAST PERIOD 57
4.3 APAC: CONSTRUCTION LUBRICANTS MARKET, BY TYPE AND COUNTRY, 2020 58
FIGURE 16 CHINA ACCOUNTED FOR THE LARGEST MARKET SHARE 58
4.4 CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE 58
FIGURE 17 HYDRAULIC FLUID TO BE LARGEST TYPE OF CONSTRUCTION LUBRICANTS MARKET 58
4.5 CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE VS REGION 59
FIGURE 18 HYDRAULIC FLUID TO BE DOMINANT TYPE OF CONSTRUCTION LUBRICANTS MARKET ACROSS REGIONS 59
4.6 CONSTRUCTION LUBRICANTS MARKET, BY KEY COUNTRIES 59
FIGURE 19 INDIA TO REGISTER THE HIGHEST CAGR BETWEEN 2021 AND 2026 59
5 MARKET OVERVIEW 60
5.1 INTRODUCTION 60
5.2 MARKET DYNAMICS 60
FIGURE 20 CONSTRUCTION LUBRICANTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 61
5.2.1 DRIVERS 61
5.2.1.1 High growth of construction industry in APAC and
Middle East & Africa 61
5.2.1.2 Growing demand for high-quality lubricants 62
5.2.1.3 Rise in automation in construction industry 62
5.2.2 RESTRAINTS 62
5.2.2.1 Technological advancements 62
5.2.2.2 Downfall due to COVID-19 62
5.2.3 OPPORTUNITIES 63
5.2.3.1 Development of zinc-free (ashless) lubricants 63
5.2.4 CHALLENGES 63
5.2.4.1 Volatility in raw material prices 63
5.2.4.2 Maintaining product quality 63
5.3 PORTER’S FIVE FORCES ANALYSIS 64
FIGURE 21 PORTER’S FIVE FORCES ANALYSIS OF CONSTRUCTION LUBRICANTS MARKET 64
TABLE 2 CONSTRUCTION LUBRICANTS MARKET: PORTER’S FIVE FORCES ANALYSIS 65
5.3.1 THREAT OF SUBSTITUTES 65
5.3.2 THREAT OF NEW ENTRANTS 65
5.3.3 BARGAINING POWER OF SUPPLIERS 65
5.3.4 BARGAINING POWER OF BUYERS 66
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 66
5.4 TECHNOLOGY ANALYSIS 66
5.5 MACROECONOMIC INDICATORS 67
5.5.1 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES 67
TABLE 3 TRENDS AND FORECAST OF GDP, 2019–2026 (GROWTH RATE) 67
5.6 COVID-19 IMPACT 68
5.6.1 INTRODUCTION 68
5.6.2 COVID-19 HEALTH ASSESSMENT 68
FIGURE 22 COUNTRY-WISE SPREAD OF COVID-19 69
5.6.3 COVID-19 ECONOMIC ASSESSMENT 70
FIGURE 23 REVISED GDP FORECAST FOR SELECT G20 COUNTRIES IN 2021 70
5.6.3.1 COVID-19 Impact on the Economy?Scenario Assessment 71
FIGURE 24 FACTORS IMPACTING THE GLOBAL ECONOMY 71
FIGURE 25 SCENARIOS OF COVID-19 IMPACT 72
5.7 IMPACT OF COVID-19: CUSTOMER ANALYSIS 73
6 INDUSTRY TRENDS 74
6.1 SUPPLY CHAIN ANALYSIS 74
FIGURE 26 CONSTRUCTION LUBRICANTS: SUPPLY CHAIN 74
6.1.1 RAW MATERIAL 74
6.1.2 MANUFACTURING OF CONSTRUCTION LUBRICANTS 75
6.1.3 DISTRIBUTION TO END USERS 75
6.2 CONSTRUCTION LUBRICANTS MARKET: REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIO 75
FIGURE 27 MARKET SIZE UNDER REALISTIC, PESSIMISTIC, OPTIMISTIC,
AND NON-COVID-19 SCENARIO 75
TABLE 4 CONSTRUCTION LUBRICANT: MARKET FORECAST SCENARIO,
2019–2026 (USD MILLION) 76
6.2.1 NON-COVID-19 SCENARIO 76
6.2.2 OPTIMISTIC SCENARIO 76
6.2.3 PESSIMISTIC SCENARIO 76
6.2.4 REALISTIC SCENARIO 76
6.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 77
6.3.1 REVENUE SHIFTS & REVENUE POCKETS FOR CONSTRUCTION LUBRICANTS MARKET 77
FIGURE 28 REVENUE SHIFT FOR CONSTRUCTION LUBRICANTS MARKET 77
6.4 CONNECTED MARKETS: ECOSYSTEM 77
TABLE 5 CONSTRUCTION LUBRICANT MARKET: SUPPLY CHAIN 78
FIGURE 29 CONSTRUCTION LUBRICANTS MARKET: ECOSYSTEM 79
6.5 CASE STUDY ANALYSIS 79
6.5.1 A CASE STUDY ON REDUCED HYDRAULIC FLUID CONSUMPTION 79
6.5.2 A CASE STUDY ON CONTROLLING CORROSION 79
6.6 TRADE ANALYSIS 80
6.6.1 IMPORT SCENARIO OF CONSTRUCTION LUBRICANTS 80
FIGURE 30 CONSTRUCTION LUBRICANTS IMPORTS, BY KEY COUNTRY, 2014-2020 80
TABLE 6 CONSTRUCTION LUBRICANTS IMPORTS, BY REGION,
2014-2020 (USD BILLION) 80
6.6.2 EXPORT SCENARIO OF CONSTRUCTION LUBRICANTS 81
FIGURE 31 CONSTRUCTION LUBRICANTS EXPORTS, BY KEY COUNTRY, 2014- 2020 81
TABLE 7 CONSTRUCTION LUBRICANTS EXPORTS, BY REGION,
2014-2020 (USD BILLION) 81
6.7 AVERAGE SELLING PRICE 82
FIGURE 32 AVERAGE SELLING PRICE OF CONSTRUCTION LUBRICANTS,
BY REGION (USD/KG) 82
TABLE 8 AVERAGE SELLING PRICE OF CONSTRUCTION LUBRICANTS,
BY REGION (USD/KG) 82
6.8 REGULATORY LANDSCAPE 83
6.8.1 REGULATIONS RELATED TO CONSTRUCTION LUBRICANTS MARKET 83
6.9 PATENT ANALYSIS 84
6.9.1 APPROACH 84
6.9.2 DOCUMENT TYPE 84
FIGURE 33 PATENTS REGISTERED FOR CONSTRUCTION LUBRICANTS, 2010–2020 85
FIGURE 34 PATENTS PUBLICATION TRENDS FOR CONSTRUCTION
LUBRICANTS, 2010–2020 85
6.9.3 JURISDICTION ANALYSIS 86
FIGURE 35 MAXIMUM PATENTS FILED BY COMPANIES IN CHINA 86
6.9.4 TOP APPLICANTS 87
FIGURE 36 NISAN KOGYO REGISTERED MAXIMUM NUMBER OF PATENTS
BETWEEN 2010 AND 2020 87
TABLE 9 TOP 10 PATENT OWNERS IN US, 2010–2020 89
7 CONSTRUCTION LUBRICANTS MARKET, BY BASE OIL 90
7.1 INTRODUCTION 91
FIGURE 37 MINERAL OIL TO DOMINATE CONSTRUCTION LUBRICANTS MARKET BETWEEN 2021 AND 2026 91
TABLE 10 CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2016–2019 (USD MILLION) 91
TABLE 11 CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2020–2026 (USD MILLION) 92
TABLE 12 CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2016–2019 (KILOTON) 92
TABLE 13 CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2020–2026 (KILOTON) 92
7.2 MINERAL OIL 93
7.2.1 LOW COST AND EASY AVAILABILITY OF MINERAL OIL TO DRIVE THE MARKET 93
FIGURE 38 APAC TO DOMINATE MINERAL OIL-BASED CONSTRUCTION LUBRICANTS DURING THE FORECAST PERIOD 93
TABLE 14 MINERAL OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 93
TABLE 15 MINERAL OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2020–2026 (USD MILLION) 94
TABLE 16 MINERAL OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2016–2019 (KILOTON) 94
TABLE 17 MINERAL OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2020–2026 (KILOTON) 94
7.3 SYNTHETIC OIL 95
7.3.1 MARKET FOR SYNTHETIC OIL SEGMENT MAINLY DRIVEN BY ITS HIGH PERFORMANCE UNDER EXTREME CONDITIONS 95
FIGURE 39 EUROPE TO LEAD SYNTHETIC OIL-BASED CONSTRUCTION LUBRICANTS MARKET DURING THE FORECAST PERIOD 95
TABLE 18 SYNTHETIC OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 95
TABLE 19 SYNTHETIC OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2020–2026 (USD MILLION) 96
TABLE 20 SYNTHETIC OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2016–2019 (KILOTON) 96
TABLE 21 SYNTHETIC OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2020–2026 (KILOTON) 96
7.3.2 POLYALPHA OLEFIN (PAO) 97
7.3.3 POLYALKYLENE GLYCOL (PAG) 97
7.3.4 ESTERS 97
7.3.5 GROUP III (HYDROCRACKING) 97
8 CONSTRUCTION LUBRICANTS MARKET, BY TYPE 98
8.1 INTRODUCTION 99
FIGURE 40 HYDRAULIC FLUID TO DOMINATE CONSTRUCTION LUBRICANTS MARKET BETWEEN 2021 AND 2026 99
TABLE 22 CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 99
TABLE 23 CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 100
TABLE 24 CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 100
TABLE 25 CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 101
8.2 HYDRAULIC FLUID 101
8.2.1 HYDRAULIC FLUID MARKET PRIMARILY DRIVEN BY HUGE DEMAND FROM APAC REGION 101
FIGURE 41 APAC TO DOMINATE HYDRAULIC FLUIDS MARKET DURING THE FORECAST PERIOD 101
TABLE 26 HYDRAULIC FLUID: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 102
TABLE 27 HYDRAULIC FLUID: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2020–2026 (USD MILLION) 102
TABLE 28 HYDRAULIC FLUID: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2016–2019 (KILOTON) 103
TABLE 29 HYDRAULIC FLUID: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2020–2026 (KILOTON) 103
8.3 ENGINE OIL 103
8.3.1 DEMAND FOR ENGINE OIL INCREASING DUE TO GROWING DEMAND FOR OFF-ROAD VEHICLES 103
FIGURE 42 NORTH AMERICA TO BE SECOND-LARGEST CONSTRUCTION LUBRICANTS MARKET IN ENGINE OIL SEGMENT 104
TABLE 30 ENGINE OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 104
TABLE 31 ENGINE OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 104
TABLE 32 ENGINE OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 105
TABLE 33 ENGINE OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 105
8.4 GEAR OIL 106
8.4.1 MINERAL-BASED GEAR OIL IS WIDELY USED IN THE CONSTRUCTION INDUSTRY 106
FIGURE 43 APAC TO DOMINATE CONSTRUCTION LUBRICANTS MARKET IN GEAR OIL SEGMENT DURING THE FORECAST PERIOD 106
TABLE 34 GEAR OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 106
TABLE 35 GEAR OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 107
TABLE 36 GEAR OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 107
TABLE 37 GEAR OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 108
8.5 AUTOMATIC TRANSMISSION FLUID (ATF) 108
8.5.1 APAC IS DOMINANT MARKET FOR THE ATF SEGMENT 108
FIGURE 44 EUROPE IS SECOND-LARGEST MARKET ATF SEGMENT 108
TABLE 38 AUTOMATIC TRANSMISSION FLUID: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 109
TABLE 39 AUTOMATIC TRANSMISSION FLUID: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2020–2026 (USD MILLION) 109
TABLE 40 AUTOMATIC TRANSMISSION FLUID: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2016–2019 (KILOTON) 110
TABLE 41 AUTOMATIC TRANSMISSION FLUID: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2020–2026 (KILOTON) 110
8.6 COMPRESSOR OIL 110
8.6.1 HIGH DEMAND FOR SYNTHETIC COMPRESSOR OIL TO SUPPORT GROWTH OF THE OVERALL MARKET 110
FIGURE 45 APAC IS FASTEST-GROWING MARKET IN COMPRESSOR OIL SEGMENT DURING THE FORECAST PERIOD 111
TABLE 42 COMPRESSOR OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 111
TABLE 43 COMPRESSOR OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2020–2026 (USD MILLION) 111
TABLE 44 COMPRESSOR OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2016–2019 (KILOTON) 112
TABLE 45 COMPRESSOR OIL: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION, 2020–2026 (KILOTON) 112
8.7 GREASE 113
8.7.1 GREASE IS INCREASINGLY USED TO ENHANCE WATER RESISTANCE AND DURABILITY OF MACHINES 113
FIGURE 46 APAC TO DOMINATE MARKET FOR GREASE SEGMENT DURING THE FORECAST PERIOD 113
TABLE 46 GREASE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 113
TABLE 47 GREASE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 114
TABLE 48 GREASE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 114
TABLE 49 GREASE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 115
8.8 OTHERS 115
FIGURE 47 APAC TO BE LARGEST CONSTRUCTION LUBRICANTS MARKET IN OTHERS SEGMENT DURING THE FORECAST PERIOD 115
TABLE 50 OTHER CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 116
TABLE 51 OTHER CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 116
TABLE 52 OTHER CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 116
TABLE 53 OTHER CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 117
?
9 CONSTRUCTION LUBRICANTS MARKET, BY EQUIPMENT TYPE 118
9.1 INTRODUCTION 118
9.2 EARTHMOVING EQUIPMENT 118
9.2.1 EXCAVATORS 118
9.2.1.1 Crawler Excavators 118
9.2.1.2 Mini Excavators 118
9.2.1.3 Wheeled Excavators 118
9.2.2 LOADERS 119
9.2.2.1 Crawler Loaders 119
9.2.2.2 Wheeled Loaders 119
9.2.2.3 Skid-steer Loaders 119
9.2.2.4 Backhoe Loaders 119
9.2.3 CRAWLER DOZERS 119
9.2.4 MOTOR GRADERS 119
9.2.5 OTHERS 120
9.3 MATERIAL HANDLING EQUIPMENT 120
9.4 HEAVY CONSTRUCTION VEHICLES 120
9.5 OTHERS 120
9.5.1 COMPACTORS AND ROAD ROLLERS 120
9.5.2 PAVERS/ASPHALT FINISHERS 120
9.5.3 OTHER EQUIPMENT AND MACHINERY 120
10 CONSTRUCTION LUBRICANTS MARKET, BY REGION 121
10.1 INTRODUCTION 122
FIGURE 48 APAC TO LEAD THE CONSTRUCTION LUBRICANTS MARKET
BETWEEN 2021 AND 2026 122
TABLE 54 CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 122
TABLE 55 CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 123
TABLE 56 CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 124
TABLE 57 CONSTRUCTION LUBRICANTS MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 124
10.2 APAC 124
FIGURE 49 APAC: CONSTRUCTION LUBRICANTS MARKET SNAPSHOT 125
10.2.1 APAC CONSTRUCTION LUBRICANTS MARKET, BY BASE OIL 125
TABLE 58 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2016–2019 (USD MILLION) 125
TABLE 59 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2020–2026 (USD MILLION) 126
TABLE 60 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2016–2019 (KILOTON) 126
TABLE 61 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2020–2026 (KILOTON) 126
10.2.2 APAC CONSTRUCTION LUBRICANTS MARKET, BY TYPE 127
TABLE 62 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 127
TABLE 63 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 127
TABLE 64 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 128
TABLE 65 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 128
10.2.3 APAC CONSTRUCTION LUBRICANTS MARKET, BY COUNTRY 128
TABLE 66 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 128
TABLE 67 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION) 129
TABLE 68 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY,
2016–2019 (KILOTON) 130
TABLE 69 APAC: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY,
2020–2026 (KILOTON) 130
10.2.3.1 China 130
10.2.3.1.1 China is the largest consumer of construction lubricants in the world 130
TABLE 70 CHINA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 131
TABLE 71 CHINA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 131
TABLE 72 CHINA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 132
TABLE 73 CHINA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 132
10.2.3.2 Japan 132
10.2.3.2.1 Government?s heavy investment in the reconstruction segment to drive the market 132
TABLE 74 JAPAN: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 133
TABLE 75 JAPAN: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 133
TABLE 76 JAPAN: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 134
TABLE 77 JAPAN: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 134
10.2.3.3 India 134
10.2.3.3.1 Favorable economic policies to drive the market in the country 134
TABLE 78 INDIA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 135
TABLE 79 INDIA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 135
TABLE 80 INDIA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 136
TABLE 81 INDIA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 136
10.2.3.4 Australia 137
10.2.3.4.1 Development in manufacturing infrastructure to drive the demand in the country 137
TABLE 82 AUSTRALIA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 137
TABLE 83 AUSTRALIA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 137
TABLE 84 AUSTRALIA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 138
TABLE 85 AUSTRALIA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 138
10.2.3.5 South Korea 139
10.2.3.5.1 Increasing FDI in the country to generate high demand from end-use industries 139
TABLE 86 SOUTH KOREA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 139
TABLE 87 SOUTH KOREA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 139
TABLE 88 SOUTH KOREA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 140
TABLE 89 SOUTH KOREA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 140
10.3 NORTH AMERICA 141
FIGURE 50 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SNAPSHOT 141
10.3.1 NORTH AMERICA CONSTRUCTION LUBRICANTS MARKET, BY BASE OIL 142
TABLE 90 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL, 2016–2019 (USD MILLION) 142
TABLE 91 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL, 2020–2026 (USD MILLION) 142
TABLE 92 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL, 2016–2019 (KILOTON) 142
TABLE 93 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL, 2020–2026 (KILOTON) 143
10.3.2 NORTH AMERICA CONSTRUCTION LUBRICANTS MARKET, BY TYPE 143
TABLE 94 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 143
TABLE 95 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE, 2020–2026 (USD MILLION) 143
TABLE 96 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 144
TABLE 97 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 144
10.3.3 NORTH AMERICA CONSTRUCTION LUBRICANTS MARKET, BY COUNTRY 145
TABLE 98 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION) 145
TABLE 99 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION) 145
TABLE 100 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON) 145
TABLE 101 NORTH AMERICA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY, 2020–2026 (KILOTON) 146
10.3.3.1 US 146
10.3.3.1.1 US is largest construction lubricants market in North America 146
TABLE 102 US: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 146
TABLE 103 US: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 147
TABLE 104 US: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 147
TABLE 105 US: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 148
10.3.3.2 Mexico 148
10.3.3.2.1 Mexico is among the emerging players in the global market 148
TABLE 106 MEXICO: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 148
TABLE 107 MEXICO: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 149
TABLE 108 MEXICO: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 150
TABLE 109 MEXICO: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 150
10.3.3.3 Canada 150
10.3.3.3.1 The market is currently witnessing a gradual rise in demand 150
TABLE 110 CANADA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 151
TABLE 111 CANADA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 151
TABLE 112 CANADA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 152
TABLE 113 CANADA: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 152
10.4 EUROPE 153
FIGURE 51 EUROPE: CONSTRUCTION LUBRICANTS MARKET SNAPSHOT 153
10.4.1 EUROPE CONSTRUCTION LUBRICANTS MARKET, BY BASE OIL 154
TABLE 114 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2016–2019 (USD MILLION) 154
TABLE 115 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2020–2026 (USD MILLION) 154
TABLE 116 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2016–2019 (KILOTON) 154
TABLE 117 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY BASE OIL,
2020–2026 (KILOTON) 155
10.4.2 EUROPE CONSTRUCTION LUBRICANTS MARKET, BY TYPE 155
TABLE 118 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 155
TABLE 119 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 155
TABLE 120 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 156
TABLE 121 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 156
10.4.3 EUROPE CONSTRUCTION LUBRICANTS MARKET, BY COUNTRY 157
TABLE 122 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 157
TABLE 123 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION) 157
TABLE 124 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY,
2016–2019 (KILOTON) 158
TABLE 125 EUROPE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY COUNTRY,
2020–2026 (KILOTON) 158
10.4.3.1 Germany 158
10.4.3.1.1 Transportation infrastructure and energy projects to generate demand for construction lubricants 158
TABLE 126 GERMANY: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 159
TABLE 127 GERMANY: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 159
TABLE 128 GERMANY: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 160
TABLE 129 GERMANY: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 160
10.4.3.2 UK 160
10.4.3.2.1 Growth of manufacturing and construction industries to fuel construction lubricants market 160
TABLE 130 UK: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 161
TABLE 131 UK: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 161
TABLE 132 UK: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 162
TABLE 133 UK: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 162
10.4.3.3 France 162
10.4.3.3.1 Increase in investments for commercial as well as industrial projects to drive the market in France 162
TABLE 134 FRANCE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 163
TABLE 135 FRANCE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 163
TABLE 136 FRANCE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 164
TABLE 137 FRANCE: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 164
10.4.3.4 Spain 164
10.4.3.4.1 Increased FDI and investor confidence to augment the demand for construction lubricants 164
TABLE 138 SPAIN: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 165
TABLE 139 SPAIN: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 165
TABLE 140 SPAIN: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 166
TABLE 141 SPAIN: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 166
10.4.3.5 Italy 166
10.4.3.5.1 The market in the country is mainly driven by the energy infrastructure projects 166
TABLE 142 ITALY: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 167
TABLE 143 ITALY: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 167
TABLE 144 ITALY: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 168
TABLE 145 ITALY: CONSTRUCTION LUBRICANTS MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 168
10.5 MIDDLE EAST & AFRICA 168
10.5.1 MIDDLE EAST & AFRICA CONSTRUCTION LUBRICANTS MARKET, BY BASE OIL 169
TABLE 146 MIDDLE EAST & AFRICA: CONSTRUCTION LUBRICANTS MARKET SIZE,
BY BASE OIL, 2016–2019 (USD MILLION) 169
TABLE 147 MIDDLE EAST & AFRICA: CONSTRUCTION LUBRICANTS MARKET SIZE,
BY BASE OIL, 2020–2026 (USD MILLION) 169
TABLE 148 MIDDLE EAST & AFRICA: CONSTRUCTION LUBRICANTS MARKET SIZE,
BY BASE OIL, 2016–2019 (KILOTON) 169
TABLE 149 MIDDLE EAST & AFRICA: CONSTRUCTION LUBRICANTS MARKET SIZE,
BY BASE OIL, 2020–2026 (KILOTON) 170
10.5.2 MIDDLE EAST & AFRICA CONSTRUCTION LUBRICANTS MARKET, BY TYPE 170
TABLE 150 MIDDLE EAST & AFRICA: CONSTRUCTION LUBRICANTS MARKET SIZE,
BY TYPE, 2016–2019 (USD MILLION) 170
TABLE 151 MIDDLE EAST & AFRICA: CONSTRUCTION LUBRICANTS MARKET SIZE,
BY TYPE, 2020–2026 (USD MILLION) 170
TABLE 152 MIDDLE EAST & AFRICA: CONSTRUCTION LUBRICANTS MARKET SIZE,
BY TYPE, 2016–2019 (KILOTON)