Table of Content




1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 REGION COVERED 15
1.4 YEARS CONSIDERED FOR THE STUDY 16
1.5 CURRENCY 16
1.6 UNIT CONSIDERED 16
1.7 LIMITATIONS 16
1.8 STAKEHOLDERS 16

2 RESEARCH METHODOLOGY 17
2.1 CRITICAL COVID-19 FACTORS IMPACTING THE LUBRICANTS MARKET IN 2020 17
2.2 RESEARCH METHODOLOGY: TRANSPORT SEGMENT ANALYSIS FOR
NORTH AMERICA IN 2020 17
2.3 PRODUCT TYPE SEGMENT ANALYSIS FOR NORTH AMERICA IN 2020 18
2.4 LUBRICANTS MARKET PROJECTIONS BASED ON DRIVING FACTORS AND
COVID-19 IMPACT 18
2.5 PRIMARY DATA 19
2.5.1 BREAKDOWN OF PRIMARY INTERVIEWS 19
2.5.2 KEY INDUSTRY INSIGHTS 20

3 COVID-19 ASSESSMENT 21
3.1 COVID-19 HEALTH ASSESSMENT 21
3.2 COVID-19 ECONOMIC ASSESSMENT 23
3.2.1 COVID-19 ECONOMIC IMPACT?SCENARIO ASSESSMENT 24

4 IMPACT OF COVID-19 ON LUBRICANTS ECOSYSTEM 27
4.1 VALUE CHAIN OF LUBRICANTS INDUSTRY 27
4.2 KEY TAKEAWAYS 28
4.2.1 IMPACT ON TRANSPORTATION 29
4.2.2 IMPACT ON INDUSTRIAL APPLICATIONS 30
4.3 FACTORS DRIVING THE GROWTH 31
4.3.1 COVID-19 IMPACT: FACTORS DRIVING THE GROWTH 31
4.3.1.1 Emission limits and fuel economy requirements to drive the demand for lubricants in emerging markets such as China and India after COVID-19 31
4.3.1.2 Growth in demand for biocompatible silicone-grade lubricants
for medical devices 33
4.3.1.3 Lower crude oil prices will benefit lubricants suppliers after
COVID-19 33
4.3.1.4 Demand for renewable energy and power generation to positively impact the lubricants market 34

5 IMPACT OF COVID-19 ON LUBRICANTS MARKET, CUSTOMER ANALYSIS 35
5.1 CUSTOMERS 35
5.1.1 DISRUPTION IN THE AUTOMOTIVE INDUSTRY 35
5.1.1.1 Impact on customers’ output & strategies to resume/improve production 35
5.1.1.2 Customer’s most impacted regions 35
5.1.1.3 Risk assessment and opportunities 36
5.1.1.4 MnM viewpoint on growth outlook and new market opportunities 37
5.1.2 DISRUPTION IN METAL & MINING INDUSTRY 38
5.1.2.1 Impact on customers’ output & strategies to resume/improve production 38
5.1.2.2 Customer’s most impacted regions 39
5.1.2.3 Risk assessment and opportunities 40
5.1.2.4 MnM viewpoint on growth outlook and new market opportunities 40
5.1.3 DISRUPTION IN THE CONSTRUCTION INDUSTRY 41
5.1.3.1 Impact on customers’ output & strategies to resume/improve production 41
5.1.3.2 Customer’s most impacted regions 41
5.1.3.3 MnM viewpoint on growth outlook and new market opportunities 43
5.1.4 DISRUPTION IN THE OIL & GAS INDUSTRY 43
5.1.4.1 Impact on customers’ output & strategies to resume/improve production 43
5.1.4.2 Customer’s most impacted regions 44
5.1.4.3 MnM viewpoint on growth outlook and new market opportunities 45

6 COVID-19 IMPACT: SHORT-TERM STRATEGIES OF LUBRICANT COMPANIES 46
6.1 IMPACT ON LUBRICANT COMPANIES 46
(Business Overview, Products Offered, Impact of COVID-19)*
6.1.1 ROYAL DUTCH SHELL PLC. 46
6.1.2 EXXONMOBIL CORPORATION 48
6.1.3 CHEVRON CORPORATION 49
6.1.4 BP PLC 51
6.1.5 TOTAL S.A. 52
6.1.6 PETROCHINA COMPANY LIMITED 53
6.1.7 SINOPEC LIMITED 54
6.1.8 JXTG GROUP 56
6.1.9 PETRONAS 57
6.1.10 PERTAMINA 58
6.1.11 GAZPROM NEFT 59
6.1.12 REPSOL SA 59
6.1.13 PHILLIPS 66 60
6.1.14 PETROBRAS 61
6.1.15 INDIAN OIL CORPORATION LIMITED (IOCL) 63
*Details on Business Overview, Products Offered, Impact of COVID-19 might not be captured in case of unlisted companies.
6.2 WINNING STRATEGIES TO OVERCOME THE SITUATION 64
6.2.1 STRATEGIES ADOPTED BY STAKEHOLDERS 64
6.3 MNM VIEWPOINT ON STRATEGIES TO OVERCOME THE SITUATION 65

7 IMPACT OF COVID-19 ON LUBRICANTS MARKET, BY PRODUCT TYPE 66
7.1 INTRODUCTION 67
7.2 ENGINE OIL 68
7.3 HYDRAULIC OIL 69
7.4 METALWORKING FLUID 70
7.5 GEAR OIL 71
7.6 COMPRESSOR OIL 72
7.7 GREASE 73
7.8 TURBINE OIL 74
7.9 OTHERS 75

8 IMPACT OF COVID-19 ON LUBRICANTS MARKET, BY END-USE INDUSTRY 77
8.1 INTRODUCTION 78
8.2 TRANSPORTATION 79
8.2.1 COMMERCIAL VEHICLE 80
8.2.2 PASSENGER VEHICLE 81
8.2.3 AVIATION 82
8.2.4 MARINE 83
8.2.5 RAILWAY 84
8.3 INDUSTRIAL 85
8.3.1 CONSTRUCTION 85
8.3.2 METAL & MINING 86
8.3.3 CEMENT PRODUCTION 87
8.3.4 POWER GENERATION 88
8.3.5 AUTOMOBILE MANUFACTURING 89
8.3.6 CHEMICAL 90
8.3.7 OIL & GAS 91
8.3.8 TEXTILE 92
8.3.9 FOOD PROCESSING 93
8.3.10 OTHERS 94
?

9 IMPACT OF COVID-19 ON LUBRICANTS MARKET, BY REGION 95
9.1 INTRODUCTION 95
9.2 APAC 96
9.2.1 APAC LUBRICANTS MARKET, BY COUNTRY 96
9.2.2 APAC LUBRICANTS MARKET, BY PRODUCT TYPE 97
9.2.3 APAC LUBRICANTS MARKET, BY END-USE INDUSTRY 98
9.3 NORTH AMERICA 100
9.3.1 NORTH AMERICA LUBRICANTS MARKET, BY COUNTRY 100
9.3.2 NORTH AMERICA LUBRICANTS MARKET, BY PRODUCT TYPE 101
9.3.3 NORTH AMERICA LUBRICANTS MARKET, BY END-USE INDUSTRY 102
9.4 EUROPE 103
9.4.1 EUROPE LUBRICANTS MARKET, BY COUNTRY 104
9.4.2 EUROPE LUBRICANTS MARKET, BY PRODUCT TYPE 105
9.4.3 EUROPE LUBRICANTS MARKET, BY END-USE INDUSTRY 106
9.5 MIDDLE EAST & AFRICA 107
9.5.1 MIDDLE EAST & AFRICA LUBRICANTS MARKET, BY COUNTRY 108
9.5.2 MIDDLE EAST & AFRICA LUBRICANTS MARKET, BY PRODUCT TYPE 109
9.5.3 MIDDLE EAST & AFRICA LUBRICANTS MARKET, BY END-USE INDUSTRY 110
9.6 SOUTH AMERICA 111
9.6.1 SOUTH AMERICA LUBRICANTS MARKET, BY COUNTRY 112
9.6.2 SOUTH AMERICA LUBRICANTS MARKET, BY PRODUCT TYPE 113
9.6.3 SOUTH AMERICA LUBRICANTS MARKET, BY END-USE INDUSTRY 114

10 APPENDIX 116
10.1 KNOWLEDGE STORE 116
10.2 AVAILABLE CUSTOMIZATIONS 118
10.3 RELATED REPORTS 118
10.4 AUTHOR DETAILS 119



List of Figures



FIGURE 1 LUBRICANTS: MARKET SEGMENTATION 15
FIGURE 2 COVID-19: THE GLOBAL PROPAGATION 21
FIGURE 3 COVID-19 PROPAGATION: SELECT COUNTRIES 22
FIGURE 4 COUNTRIES BEGIN WITH SIMILAR TRAJECTORIES BUT CURVES DEVIATE
BASED ON MEASURES TAKEN 22
FIGURE 5 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020 23
FIGURE 6 CRITERIA IMPACTING THE GLOBAL ECONOMY 24
FIGURE 7 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY 25
FIGURE 8 LUBRICANTS MARKET: ECOSYSTEM 27
FIGURE 9 IMPACT OF COVID-19 ON LUBRICANTS - KEY HOTSPOTS OF ACTIVITIES
GAINING MOMENTUM 28
FIGURE 10 IMPACT OF COVID-19 ON LUBRICANT ECOSYSTEM 28
FIGURE 11 LUBRICANTS TRANSPORTATION VALUE CHAIN TO BE ADVERSELY AFFECTED 29
FIGURE 12 MIX IMPACT ON LUBRICANTS INDUSTRIAL VALUE CHAIN THROUGH 2021 30
FIGURE 13 IMPACT OF COVID-19 ON LUBRICANT MANUFACTURERS 46

 

List of Tables



TABLE 1 IMPLEMENTATION DATES OF EMISSION STANDARDS FOR LIGHT-DUTY
VEHICLES IN CHINA 32
TABLE 2 CRUDE OIL PRICE FORECAST 33
TABLE 3 AUTOMOTIVE COMPANIES ANNOUNCEMENTS 35
TABLE 4 OPPORTUNITY ASSESSMENT – SHORT-TERM STRATEGIES TO MANAGE
COST STRUCTURE AND SUPPLY CHAINS 37
TABLE 5 MINING COMPANIES ANNOUNCEMENTS 38
TABLE 6 OPPORTUNITY ASSESSMENT – SHORT-TERM STRATEGIES TO MANAGE
COST STRUCTURE AND SUPPLY CHAINS 40
TABLE 7 CONSTRUCTION COMPANIES ANNOUNCEMENTS 41
TABLE 8 OIL & GAS COMPANIES ANNOUNCEMENTS 43
TABLE 9 OPPORTUNITY ASSESSMENT – SHORT-TERM STRATEGIES TO MANAGE
COST STRUCTURE AND SUPPLY CHAINS 45
TABLE 10 LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2018-2021 (KILOTON) 67
TABLE 11 LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2018-2021 (USD MILLION) 68
TABLE 12 ENGINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (KILOTON) 68
TABLE 13 ENGINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (USD MILLION) 69
TABLE 14 HYDRAULIC OIL: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (KILOTON) 69
TABLE 15 HYDRAULIC OIL: LUBRICANTS MARKET SIZE, BY REGION 2018-2021 (USD MILLION) 70
TABLE 16 METALWORKING FLUID: LUBRICANTS MARKET SIZE, BY REGION 2018-2021 (KILOTON) 70
TABLE 17 METALWORKING FLUID: LUBRICANTS MARKET SIZE, BY REGION 2018-2021 (USD MILLION) 71
TABLE 18 GEAR OIL: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (KILOTON) 71
TABLE 19 GEAR OIL: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (USD MILLION) 72
TABLE 20 COMPRESSOR OIL: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (KILOTON) 72
TABLE 21 COMPRESSOR OIL: LUBRICANTS MARKET SIZE, BY REGION 2018-2021 (USD MILLION) 73
TABLE 22 GREASE: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (KILOTON) 73
TABLE 23 GREASE: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (USD MILLION) 74
TABLE 24 TURBINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (KILOTON) 74
TABLE 25 TURBINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (USD MILLION) 75
TABLE 26 OTHERS: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (KILOTON) 75
TABLE 27 OTHERS: LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (USD MILLION) 76
TABLE 28 LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2018-2021 (KILOTON) 78
TABLE 29 LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2018-2021 (USD MILLION) 79
TABLE 30 LUBRICANTS MARKET SIZE IN COMMERCIAL VEHICLE, BY REGION 2018-2021 (KILOTON) 80
TABLE 31 LUBRICANTS MARKET SIZE IN COMMERCIAL VEHICLE, BY REGION 2018-2021 (USD MILLION) 81
TABLE 32 LUBRICANTS MARKET SIZE IN PASSENGER VEHICLE, BY REGION 2018-2021 (KILOTON) 81
TABLE 33 LUBRICANTS MARKET SIZE IN PASSENGER VEHICLE, BY REGION 2018-2021 (USD MILLION) 82
TABLE 34 LUBRICANTS MARKET SIZE IN AVIATION INDUSTRY, BY REGION 2018-2021 (KILOTON) 82
TABLE 35 LUBRICANTS MARKET SIZE IN AVIATION INDUSTRY, BY REGION 2018-2021 (USD MILLION) 83
TABLE 36 LUBRICANTS MARKET SIZE IN MARINE INDUSTRY, BY REGION 2018-2021 (KILOTON) 83
TABLE 37 LUBRICANTS MARKET SIZE IN MARINE INDUSTRY, BY REGION 2018-2021 (USD MILLION) 84
TABLE 38 LUBRICANTS MARKET SIZE IN RAILWAY INDUSTRY, BY REGION 2018-2021 (KILOTON) 84
TABLE 39 LUBRICANTS MARKET SIZE IN RAILWAY INDUSTRY, BY REGION 2018-2021 (USD MILLION) 85
TABLE 40 LUBRICANTS MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION 2018-2021 (KILOTON) 85
TABLE 41 LUBRICANTS MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION 2018-2021 (USD MILLION) 86
TABLE 42 LUBRICANTS MARKET SIZE IN METAL & MINING INDUSTRY, BY REGION 2018-2021 (KILOTON) 86
TABLE 43 LUBRICANTS MARKET SIZE IN METAL & MINING INDUSTRY, BY REGION 2018-2021 (USD MILLION) 87
TABLE 44 LUBRICANTS MARKET SIZE IN CEMENT PRODUCTION, BY REGION 2018-2021 (KILOTON) 87
TABLE 45 LUBRICANTS MARKET SIZE IN CEMENT PRODUCTION, BY REGION 2018-2021 (USD MILLION) 88
TABLE 46 LUBRICANTS MARKET SIZE IN POWER GENERATION INDUSTRY, BY REGION 2018-2021 (KILOTON) 88
TABLE 47 LUBRICANTS MARKET SIZE IN POWER GENERATION INDUSTRY, BY REGION 2018-2021 (USD MILLION) 89
TABLE 48 LUBRICANTS MARKET SIZE IN AUTOMOBILE MANUFACTURING, BY REGION 2018-2021 (KILOTON) 89
TABLE 49 LUBRICANTS MARKET SIZE IN AUTOMOBILE MANUFACTURING, BY REGION 2018-2021 (USD MILLION) 90
TABLE 50 LUBRICANTS MARKET SIZE IN CHEMICAL INDUSTRY, BY REGION 2018-2021 (KILOTON) 90
TABLE 51 LUBRICANTS MARKET SIZE IN CHEMICAL INDUSTRY, BY REGION 2018-2021 (USD MILLION) 91
TABLE 52 LUBRICANTS MARKET SIZE IN OIL & GAS INDUSTRY, BY REGION 2018-2021 (KILOTON) 91
TABLE 53 LUBRICANTS MARKET SIZE IN OIL & GAS INDUSTRY, BY REGION 2018-2021 (USD MILLION) 91
TABLE 54 LUBRICANTS MARKET SIZE IN TEXTILE INDUSTRY, BY REGION 2018-2021 (KILOTON) 92
TABLE 55 LUBRICANTS MARKET SIZE IN TEXTILE INDUSTRY, BY REGION 2018-2021 (USD MILLION) 92
TABLE 56 LUBRICANTS MARKET SIZE IN FOOD PROCESSING INDUSTRY, BY REGION 2018-2021 (KILOTON) 93
TABLE 57 LUBRICANTS MARKET SIZE IN FOOD PROCESSING INDUSTRY, BY REGION 2018-2021 (USD MILLION) 93
?
TABLE 58 LUBRICANTS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION 2018-2021 (KILOTON) 94
TABLE 59 LUBRICANTS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION 2018-2021 (USD MILLION) 94
TABLE 60 LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (KILOTON) 95
TABLE 61 LUBRICANTS MARKET SIZE, BY REGION, 2018-2021 (USD MILLION) 95
TABLE 62 APAC: LUBRICANTS MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON) 96
TABLE 63 APAC: LUBRICANTS MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 97
TABLE 64 APAC: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (KILOTON) 97
TABLE 65 APAC: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (USD MILLION) 98
TABLE 66 APAC: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON) 98
TABLE 67 APAC: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY 2018–2021 (USD MILLION) 99
TABLE 68 NORTH AMERICA: LUBRICANTS MARKET SIZE, BY COUNTRY 2018–2021 (KILOTON) 100
TABLE 69 NORTH AMERICA: LUBRICANTS MARKET SIZE, BY COUNTRY 2018–2021 (USD MILLION) 100
TABLE 70 NORTH AMERICA: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE 2018–2021 (KILOTON) 101
TABLE 71 NORTH AMERICA: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE 2018–2021 (USD MILLION) 101
TABLE 72 NORTH AMERICA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY 2018–2021 (KILOTON) 102
TABLE 73 NORTH AMERICA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY 2018–2021 (USD MILLION) 103
TABLE 74 EUROPE: LUBRICANTS MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON) 104
TABLE 75 EUROPE: LUBRICANTS MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 104
TABLE 76 EUROPE: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (KILOTON) 105
TABLE 77 EUROPE: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE 2018–2021 (USD MILLION) 105
TABLE 78 EUROPE: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY 2018–2021 (KILOTON) 106
TABLE 79 EUROPE: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY 2018–2021 (USD MILLION) 107
TABLE 80 MIDDLE EAST & AFRICA: LUBRICANTS MARKET SIZE, BY COUNTRY 2018–2021 (KILOTON) 108
TABLE 81 MIDDLE EAST & AFRICA: LUBRICANTS MARKET SIZE, BY COUNTRY 2018–2021 (USD MILLION) 108
TABLE 82 MIDDLE EAST & AFRICA: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE 2018–2021 (KILOTON) 109
TABLE 83 MIDDLE EAST & AFRICA: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE 2018–2021 (USD MILLION) 109
TABLE 84 MIDDLE EAST & AFRICA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON) 110
TABLE 85 MIDDLE EAST & AFRICA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION) 111
TABLE 86 SOUTH AMERICA: LUBRICANTS MARKET SIZE, BY COUNTRY 2018–2021 (KILOTON) 112
?
TABLE 87 SOUTH AMERICA: LUBRICANTS MARKET SIZE, BY COUNTRY 2018–2021 (USD MILLION) 112
TABLE 88 SOUTH AMERICA: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE 2018–2021 (KILOTON) 113
TABLE 89 SOUTH AMERICA: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE 2018–2021 (USD MILLION) 113
TABLE 90 SOUTH AMERICA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY 2018–2021 (KILOTON) 114
TABLE 91 SOUTH AMERICA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY 2018–2021 (USD MILLION) 115