Table of Content

1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18

2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 25
2.2 Major Growth Drivers 27
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter’s Fiver Forces Analysis 40

3 Segmentation of Global Market by Product Type 44
3.1 Market Overview by Product Type 44
3.2 Mineral Oil 48
3.3 Synthetic Oil 50
3.4 Bio-Based Oil 52
3.5 Grease 54

4 Segmentation of Global Market by Application 56
4.1 Market Overview by Application 56
4.2 Engine System 60
4.3 Motors & Auxiliaries 62
4.4 Gear System 64
4.5 Hydraulic System 66
4.6 Air Compressor 68
4.7 Other Applications 70

5 Segmentation of Global Market by End Use 72
5.1 Market Overview by End Use 72
5.2 Bulk Carriers 77
5.3 Tankers 79
5.4 Container Ships 81
5.5 General Cargo 83
5.6 Other End Uses 85

6 Segmentation of Global Market by Region 87
6.1 Geographic Market Overview 2021-2031 87
6.2 North America Market 2021-2031 by Country 93
6.2.1 Overview of North America Market 93
6.2.2 U.S. 97
6.2.3 Canada 100
6.2.4 Mexico 102
6.3 European Market 2021-2031 by Country 104
6.3.1 Overview of European Market 104
6.3.2 Germany 108
6.3.3 U.K. 110
6.3.4 Finland 112
6.3.5 Norway 114
6.3.6 Italy 116
6.3.7 Netherlands 118
6.3.8 Rest of European Market 120
6.4 Asia-Pacific Market 2021-2031 by Country 122
6.4.1 Overview of Asia-Pacific Market 122
6.4.2 Japan 126
6.4.3 China 129
6.4.4 Australia 131
6.4.5 India 133
6.4.6 South Korea 135
6.4.7 Rest of APAC Region 137
6.5 South America Market 2021-2031 by Country 139
6.5.1 Argentina 142
6.5.2 Brazil 144
6.5.3 Panama 146
6.5.4 Rest of South America Market 148
6.6 MEA Market 2021-2031 by Country 149
6.6.1 Egypt 152
6.6.2 Saudi Arabia 154
6.6.3 South Africa 156
6.6.4 Other National Markets 158

7 Competitive Landscape 159
7.1 Overview of Key Vendors 159
7.2 New Product Launch, Partnership, Investment, and M&A 162
7.3 Company Profiles 163
BP Plc 163
Castrol 165
Chevron Corporation 166
Eni S.p.A 167
ExxonMobil Corporation 168
Fuchs Lubritech GmbH 169
Gulf Oil International Ltd. 170
Idemitsu Kosan Co., Ltd. 171
Indian Oil Corporation Ltd. 172
Jx Nippon Oil & Energy Corporation 173
Kluber Lubrication 174
LUKOIL Lubricants Company 175
Penrite Oil 176
PJSC Lukoil Oil Corporation 177
QUEPET Lubricants 178
Repsol SA 179
Shell plc 180
Sinopec Corporation 181
TotalEnergies SE 182
Valvoline Inc. 183
RELATED REPORTS 184



List of Figures

List of Figures:

Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 18
Figure 4. Global Marine Lubricants Market, 2021-2031, $ mn 21
Figure 5. Global Marine Lubricants Market, 2021-2031, thousand tons 22
Figure 6. Impact of COVID-19 on Business 25
Figure 7. Primary Drivers and Impact Factors of Global Marine Lubricants Market 27
Figure 8. World Shipbuilding Capacity by Country, 2013 – 2026F, million CGT 30
Figure 9. Fleet Market by Region of Beneficial Ownership, 2022, Millions of dead-weight tons 30
Figure 10. World Crude Oil Production, 2000-2021, million tons 32
Figure 11. Primary Restraints and Impact Factors of Global Marine Lubricants Market 33
Figure 12. Investment Opportunity Analysis 37
Figure 13. Porter’s Fiver Forces Analysis of Global Marine Lubricants Market 40
Figure 14. Breakdown of Global Marine Lubricants Market by Product Type, 2021-2031, % of Revenue 45
Figure 15. Global Addressable Market Cap in 2022-2031 by Product Type, Value ($ mn) and Share (%) 45
Figure 16. Breakdown of Global Marine Lubricants Market by Product Type, 2021-2031, % of Volume 47
Figure 17. Global Addressable Market Cap in 2022-2031 by Product Type, Volume (thousand tons) and Share (%) 47
Figure 18. Global Marine Lubricants Market by Product Type: Mineral Oil, 2021-2031, $ mn 48
Figure 19. Global Marine Lubricants Market by Product Type: Mineral Oil, 2021-2031, thousand tons 49
Figure 20. Global Marine Lubricants Market by Product Type: Synthetic Oil, 2021-2031, $ mn 50
Figure 21. Global Marine Lubricants Market by Product Type: Synthetic Oil, 2021-2031, thousand tons 51
Figure 22. Global Marine Lubricants Market by Product Type: Bio-Based Oil, 2021-2031, $ mn 52
Figure 23. Global Marine Lubricants Market by Product Type: Bio-Based Oil, 2021-2031, thousand tons 53
Figure 24. Global Marine Lubricants Market by Product Type: Grease, 2021-2031, $ mn 54
Figure 25. Global Marine Lubricants Market by Product Type: Grease, 2021-2031, thousand tons 55
Figure 26. Breakdown of Global Marine Lubricants Market by Application, 2021-2031, % of Sales Revenue 57
Figure 27. Global Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 57
Figure 28. Breakdown of Global Marine Lubricants Market by Application, 2021-2031, % of Sales Volume 59
Figure 29. Global Addressable Market Cap in 2022-2031 by Application, Volume (thousand tons) and Share (%) 59
Figure 30. Global Marine Lubricants Market by Application: Engine System, 2021-2031, $ mn 60
Figure 31. Global Marine Lubricants Market by Application: Engine System, 2021-2031, thousand tons 61
Figure 32. Global Marine Lubricants Market by Application: Motors & Auxiliaries, 2021-2031, $ mn 62
Figure 33. Global Marine Lubricants Market by Application: Motors & Auxiliaries, 2021-2031, thousand tons 63
Figure 34. Global Marine Lubricants Market by Application: Gear System, 2021-2031, $ mn 64
Figure 35. Global Marine Lubricants Market by Application: Gear System, 2021-2031, thousand tons 65
Figure 36. Global Marine Lubricants Market by Application: Hydraulic System, 2021-2031, $ mn 66
Figure 37. Global Marine Lubricants Market by Application: Hydraulic System, 2021-2031, thousand tons 67
Figure 38. Global Marine Lubricants Market by Application: Air Compressor, 2021-2031, $ mn 68
Figure 39. Global Marine Lubricants Market by Application: Air Compressor, 2021-2031, thousand tons 69
Figure 40. Global Marine Lubricants Market by Application: Other Applications, 2021-2031, $ mn 70
Figure 41. Global Marine Lubricants Market by Application: Other Applications, 2021-2031, thousand tons 71
Figure 42. Breakdown of Global Marine Lubricants Market by End Use, 2021-2031, % of Sales Revenue 73
Figure 43. Global Addressable Market Cap in 2022-2031 by End Use, Value ($ mn) and Share (%) 73
Figure 44. Breakdown of Global Marine Lubricants Market by End Use, 2021-2031, % of Sales Volume 75
Figure 45. Global Addressable Market Cap in 2022-2031 by End Use, Volume (thousand tons) and Share (%) 75
Figure 46. World Fleet by Principal Vessel Type, 1981-2022, Millions of dead-weight tons 76
Figure 47. Global Marine Lubricants Market by End Use: Bulk Carriers, 2021-2031, $ mn 77
Figure 48. Global Marine Lubricants Market by End Use: Bulk Carriers, 2021-2031, thousand tons 78
Figure 49. Global Marine Lubricants Market by End Use: Tankers, 2021-2031, $ mn 79
Figure 50. Global Marine Lubricants Market by End Use: Tankers, 2021-2031, thousand tons 80
Figure 51. Global Marine Lubricants Market by End Use: Container Ships, 2021-2031, $ mn 81
Figure 52. Global Marine Lubricants Market by End Use: Container Ships, 2021-2031, thousand tons 82
Figure 53. Global Marine Lubricants Market by End Use: General Cargo, 2021-2031, $ mn 83
Figure 54. Global Marine Lubricants Market by End Use: General Cargo, 2021-2031, thousand tons 84
Figure 55. Global Marine Lubricants Market by End Use: Other End Uses, 2021-2031, $ mn 85
Figure 56. Global Marine Lubricants Market by End Use: Other End Uses, 2021-2031, thousand tons 86
Figure 57. Global Market Snapshot by Region 87
Figure 58. Geographic Spread of Worldwide Marine Lubricants Market, 2021-2031, % of Sales Revenue 88
Figure 59. Global Addressable Market Cap in 2022-2031 by Region, Value ($ mn) and Share (%) 89
Figure 60. Geographic Spread of Worldwide Marine Lubricants Market, 2021-2031, % of Sales Volume 90
Figure 61. Global Addressable Market Cap in 2022-2031 by Region, Volume (thousand tons) and Share (%) 91
Figure 62. North American Marine Lubricants Market, 2021-2031, $ mn 94
Figure 63. Breakdown of North America Marine Lubricants Market by Country, 2021 and 2031, % of Revenue 95
Figure 64. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 96
Figure 65. U.S. Marine Lubricants Market, 2021-2031, $ mn 98
Figure 66. Canada Marine Lubricants Market, 2021-2031, $ mn 100
Figure 67. Marine Lubricants Market in Mexico, 2021-2031, $ mn 102
Figure 68. European Marine Lubricants Market, 2021-2031, $ mn 105
Figure 69. Breakdown of European Marine Lubricants Market by Country, 2021 and 2031, % of Revenue 106
Figure 70. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 107
Figure 71. Marine Lubricants Market in Germany, 2021-2031, $ mn 108
Figure 72. Marine Lubricants Market in U.K., 2021-2031, $ mn 110
Figure 73. Marine Lubricants Market in Finland, 2021-2031, $ mn 112
Figure 74. Marine Lubricants Market in Norway, 2021-2031, $ mn 114
Figure 75. Marine Lubricants Market in Italy, 2021-2031, $ mn 116
Figure 76. Marine Lubricants Market in Netherlands, 2021-2031, $ mn 118
Figure 77. Marine Lubricants Market in Rest of Europe, 2021-2031, $ mn 120
Figure 78. Asia-Pacific Marine Lubricants Market, 2021-2031, $ mn 123
Figure 79. Breakdown of APAC Marine Lubricants Market by Country, 2021 and 2031, % of Revenue 123
Figure 80. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 125
Figure 81. Marine Lubricants Market in Japan, 2021-2031, $ mn 127
Figure 82. Marine Lubricants Market in China, 2021-2031, $ mn 129
Figure 83. Marine Lubricants Market in Australia, 2021-2031, $ mn 131
Figure 84. Marine Lubricants Market in India, 2021-2031, $ mn 133
Figure 85. Marine Lubricants Market in South Korea, 2021-2031, $ mn 135
Figure 86. Marine Lubricants Market in Rest of APAC, 2021-2031, $ mn 137
Figure 87. South America Marine Lubricants Market, 2021-2031, $ mn 140
Figure 88. Breakdown of South America Marine Lubricants Market by Country, 2021 and 2031, % of Revenue 140
Figure 89. Contribution to South America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 141
Figure 90. Marine Lubricants Market in Argentina, 2021-2031, $ mn 142
Figure 91. Marine Lubricants Market in Brazil, 2021-2031, $ mn 144
Figure 92. Marine Lubricants Market in Panama, 2021-2031, $ mn 146
Figure 93. Marine Lubricants Market in Rest of South America, 2021-2031, $ mn 148
Figure 94. Marine Lubricants Market in Middle East and Africa (MEA), 2021-2031, $ mn 150
Figure 95. Breakdown of MEA Marine Lubricants Market by Country, 2021 and 2031, % of Revenue 150
Figure 96. Contribution to MEA 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 151
Figure 97. Marine Lubricants Market in Egypt, 2021-2031, $ mn 152
Figure 98. Marine Lubricants Market in Saudi Arabia, 2021-2031, $ mn 154
Figure 99. Marine Lubricants Market in South Africa, 2021-2031, $ mn 156
Figure 100. Growth Stage of Global Marine Lubricants Industry over the Forecast Period 159

List of Tables

List of Tables:

Table 1. Snapshot of Global Marine Lubricants Market in Balanced Perspective, 2021-2031 19
Table 2. World Economic Outlook, 2021-2031 24
Table 3. Fleet Ownership and Registration by Main Economies, 1 January 2022, Number of vessels and Thousands of dead-weight tons 31
Table 4. Main Product Trends and Market Opportunities in Global Marine Lubricants Market 36
Table 5. Global Marine Lubricants Market by Product Type, 2021-2031, $ mn 44
Table 6. Global Marine Lubricants Market by Product Type, 2021-2031, thousand tons 46
Table 7. Global Marine Lubricants Market by Application, 2021-2031, $ mn 56
Table 8. Global Marine Lubricants Market by Application, 2021-2031, thousand tons 58
Table 9. Global Marine Lubricants Market by End Use, 2021-2031, $ mn 72
Table 10. Global Marine Lubricants Market by End Use, 2021-2031, thousand tons 74
Table 11. Global Marine Lubricants Market by Region, 2021-2031, $ mn 88
Table 12. Global Marine Lubricants Market by Region, 2021-2031, thousand tons 90
Table 13. Leading National Marine Lubricants Market, 2021 and 2031, $ mn 92
Table 14. North America Marine Lubricants Market by Country, 2021-2031, $ mn 95
Table 15. U.S. Marine Lubricants Market by Product Type, 2021-2031, $ mn 99
Table 16. U.S. Marine Lubricants Market by Application, 2021-2031, $ mn 99
Table 17. U.S. Marine Lubricants Market by End Use, 2021-2031, $ mn 99
Table 18. Canada Marine Lubricants Market by Product Type, 2021-2031, $ mn 101
Table 19. Canada Marine Lubricants Market by Application, 2021-2031, $ mn 101
Table 20. Canada Marine Lubricants Market by End Use, 2021-2031, $ mn 101
Table 21. Mexico Marine Lubricants Market by Product Type, 2021-2031, $ mn 103
Table 22. Mexico Marine Lubricants Market by Application, 2021-2031, $ mn 103
Table 23. Mexico Marine Lubricants Market by End Use, 2021-2031, $ mn 103
Table 24. Europe Marine Lubricants Market by Country, 2021-2031, $ mn 107
Table 25. Germany Marine Lubricants Market by Product Type, 2021-2031, $ mn 109
Table 26. Germany Marine Lubricants Market by Application, 2021-2031, $ mn 109
Table 27. Germany Marine Lubricants Market by End Use, 2021-2031, $ mn 109
Table 28. U.K. Marine Lubricants Market by Product Type, 2021-2031, $ mn 111
Table 29. U.K. Marine Lubricants Market by Application, 2021-2031, $ mn 111
Table 30. U.K. Marine Lubricants Market by End Use, 2021-2031, $ mn 111
Table 31. Finland Marine Lubricants Market by Product Type, 2021-2031, $ mn 113
Table 32. Finland Marine Lubricants Market by Application, 2021-2031, $ mn 113
Table 33. Finland Marine Lubricants Market by End Use, 2021-2031, $ mn 113
Table 34. Norway Marine Lubricants Market by Product Type, 2021-2031, $ mn 115
Table 35. Norway Marine Lubricants Market by Application, 2021-2031, $ mn 115
Table 36. Norway Marine Lubricants Market by End Use, 2021-2031, $ mn 115
Table 37. Italy Marine Lubricants Market by Product Type, 2021-2031, $ mn 117
Table 38. Italy Marine Lubricants Market by Application, 2021-2031, $ mn 117
Table 39. Italy Marine Lubricants Market by End Use, 2021-2031, $ mn 117
Table 40. Netherlands Marine Lubricants Market by Product Type, 2021-2031, $ mn 119
Table 41. Netherlands Marine Lubricants Market by Application, 2021-2031, $ mn 119
Table 42. Netherlands Marine Lubricants Market by End Use, 2021-2031, $ mn 119
Table 43. Marine Lubricants Market in Rest of Europe by Country, 2021-2031, $ mn 121
Table 44. APAC Marine Lubricants Market by Country, 2021-2031, $ mn 124
Table 45. Japan Marine Lubricants Market by Product Type, 2021-2031, $ mn 128
Table 46. Japan Marine Lubricants Market by Application, 2021-2031, $ mn 128
Table 47. Japan Marine Lubricants Market by End Use, 2021-2031, $ mn 128
Table 48. China Marine Lubricants Market by Product Type, 2021-2031, $ mn 130
Table 49. China Marine Lubricants Market by Application, 2021-2031, $ mn 130
Table 50. China Marine Lubricants Market by End Use, 2021-2031, $ mn 130
Table 51. Australia Marine Lubricants Market by Product Type, 2021-2031, $ mn 132
Table 52. Australia Marine Lubricants Market by Application, 2021-2031, $ mn 132
Table 53. Australia Marine Lubricants Market by End Use, 2021-2031, $ mn 132
Table 54. India Marine Lubricants Market by Product Type, 2021-2031, $ mn 134
Table 55. India Marine Lubricants Market by Application, 2021-2031, $ mn 134
Table 56. India Marine Lubricants Market by End Use, 2021-2031, $ mn 134
Table 57. South Korea Marine Lubricants Market by Product Type, 2021-2031, $ mn 136
Table 58. South Korea Marine Lubricants Market by Application, 2021-2031, $ mn 136
Table 59. South Korea Marine Lubricants Market by End Use, 2021-2031, $ mn 136
Table 60. Marine Lubricants Market in Rest of APAC by Country/Region, 2021-2031, $ mn 138
Table 61. South America Marine Lubricants Market by Country, 2021-2031, $ mn 141
Table 62. Argentina Marine Lubricants Market by Product Type, 2021-2031, $ mn 143
Table 63. Argentina Marine Lubricants Market by Application, 2021-2031, $ mn 143
Table 64. Argentina Marine Lubricants Market by End Use, 2021-2031, $ mn 143
Table 65. Brazil Marine Lubricants Market by Product Type, 2021-2031, $ mn 145
Table 66. Brazil Marine Lubricants Market by Application, 2021-2031, $ mn 145
Table 67. Brazil Marine Lubricants Market by End Use, 2021-2031, $ mn 145
Table 68. Panama Marine Lubricants Market by Product Type, 2021-2031, $ mn 147
Table 69. Panama Marine Lubricants Market by Application, 2021-2031, $ mn 147
Table 70. Panama Marine Lubricants Market by End Use, 2021-2031, $ mn 147
Table 71. MEA Marine Lubricants Market by Country, 2021-2031, $ mn 151
Table 72. Egypt Marine Lubricants Market by Product Type, 2021-2031, $ mn 153
Table 73. Egypt Marine Lubricants Market by Application, 2021-2031, $ mn 153
Table 74. Egypt Marine Lubricants Market by End Use, 2021-2031, $ mn 153
Table 75. Saudi Arabia Marine Lubricants Market by Product Type, 2021-2031, $ mn 155
Table 76. Saudi Arabia Marine Lubricants Market by Application, 2021-2031, $ mn 155
Table 77. Saudi Arabia Marine Lubricants Market by End Use, 2021-2031, $ mn 155
Table 78. South Africa Marine Lubricants Market by Product Type, 2021-2031, $ mn 157
Table 79. South Africa Marine Lubricants Market by Application, 2021-2031, $ mn 157
Table 80. South Africa Marine Lubricants Market by End Use, 2021-2031, $ mn 157
Table 81. BP Plc: Company Snapshot 163
Table 82. BP Plc: Business Segmentation 164
Table 83. BP Plc: Product Portfolio 164