세계의 오픈 기어 윤활유 시장 : 기유별, 최종 이용 산업별, 지역별 - 예측(-2030년)

In terms of value, the open gear lubricants market is estimated to grow from USD 738.1 million in 2024 to USD 907.9 million by 2030, at a CAGR of 3.5%. The major factors contributing uto the growth of the global open gear lubricants market are the increasing demand in mining, construction, and infrastructural development, especially in Asia Pacific, and the growing cement industry. The burgeoning disposable income, rising standard of living, and increasing manufacturing facilities, and infrastructural development contribute to the market growth in the region. Factors restraining the growth of the open gear lubricants market are the Impact of geopolitical factors and economic slowdown, difficulties in open gear lubricant application and usage efficiency, stringent environmental regulations. The growing demand from marine and offshore sector is expected to act as an opportunity for stakeholders to grow in the open gear lubricants market.

"Synthetic base oil is expected to be the fastest-growing type of the open gear lubricants market, in terms of value, during the forecast period."

Expanding equally, synthetic base oil is likely to be the fastest-growing base oil type in the gear lubricants market, driven by superior performance, longer service life, and all the good things environmental benefits that can be derived from using them rather than from mineral oils. Synthetic lubricants, namely PAO (Polyalphaolefin), PAG (Polyalkylene Glycol) and esters, exhibit exceptional thermal stability, clarity against wear, and so great load capacity that it is perfectly ideal for extremely heavy-duty industrial applications: mining, cement, power generation, and construction.

"Mining is expected to be the fastest-growing end-use industry of the open gear lubricants market, in terms of value, during the forecast period."

Mining was projected to be the fastest-growing end-use industry of the open gear lubricants market due to several key factors. The increase in deep mining operations due to depleted surface mineral reserves created demand for lubricants that withstand the pressures and temperatures presented in such harsh conditions. The adoption of automation and AI and IoT-enabled mining equipment soared, hence the need for superior lubricants that extend machinery life and efficiency. Stricter environmental regulations also affect this market, forcing mining companies toward low-toxicity, biodegradable lubricants that pass their sustainability goals.

"Asia Pacific is projected to be the fastest growing region, in terms of value, during the forecast period in the open gear lubricants market."

In terms of value, Asia Pacific dominates the global open gear lubricants market, with China being the largest consumer of open gear lubricants globally. Increased investments and a rise in the number of new infrastructure development make Asia Pacific a prime market for open gear lubricants. Increasing government projects are expected to drive the demand for open gear lubricants in end-use industries such as mining, power generation, and marine. Additionally, the increasing economic growth, followed by substantial investment in the construction industry, will boost the demand for open gear lubricants in the region.

• By Company Type: Tier 1 - 55%, Tier 2 - 25%, and Tier 3 - 20%
• By Designation: C-Level - 30%, Director Level - 50%, and Others - 20%
• By Region: North America - 40%, Europe - 35%, Asia Pacific - 20%, RoW- 5%

The key players in this market include FUCHS SE (Germany), Kluber Lubrications (Germany), Carl Bechem GmbH (Germany), CWS Industrials, Inc. (US), Shell plc (UK), Exxon Mobil Corporation (US), Chevron Corporation (US), BP P.L.C. (UK), TotalEnergies SE (France), Petron Corporation (US), Specialty Lubricants Corporation (US), and others.

Research Coverage

This report segments the market for open gear lubricants based on base oil type, end-use industries, and region and provides estimations of value (USD thousand) and volume (Kiloton) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, key strategies, associated with the market for open gear lubricants.

Reasons to Buy this Report

This research report is focused on various levels of analysis - industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the open gear lubricants market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

• Market Penetration: Comprehensive information on open gear lubricants offered by top players in the global market
• Analysis of key drives: (growing demand in end-use industries, growth in bio-based open gear lubricants, increasing adoption of synthetic base oil, technological advancements in lubrication monitoring), restraints (impact of geopolitical factors and economic slowdown, difficulties in open gear lubricant application and usage efficiency, stringent environmental regulations), opportunities (growing demand from marine and offshore sector, stringent equipment maintenance standards, increase in demand of advanced additives and nano-lubricants, strategic oem collaborations & mergers), and challenges (balancing cost & performance, developing eco-friendly formulations without compromising efficiency) influencing the growth of open gear lubricants market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the open gear lubricants market
• Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for open gear lubricants across regions
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global open gear lubricants market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the open gear lubricants market

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
  • 1.3.2 INCLUSIONS AND EXCLUSIONS
• 1.4 YEARS CONSIDERED
• 1.5 CURRENCY CONSIDERED
• 1.6 UNITS CONSIDERED
• 1.7 STAKEHOLDERS

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
  • 2.1.1 SECONDARY DATA
    • 2.1.1.1 List of key secondary sources
  • 2.1.2 PRIMARY DATA
    • 2.1.2.1 Primary interviews - demand and supply sides
    • 2.1.2.2 Key industry insights
    • 2.1.2.3 Breakdown of primary interviews
• 2.2 MARKET SIZE ESTIMATION
  • 2.2.1 BOTTOM-UP APPROACH
  • 2.2.2 TOP-DOWN APPROACH
• 2.3 DATA TRIANGULATION
• 2.4 GROWTH RATE ASSUMPTIONS/FORECASTS
  • 2.4.1 SUPPLY SIDE
  • 2.4.2 DEMAND SIDE
• 2.5 RESEARCH ASSUMPTIONS
• 2.6 RESEARCH LIMITATIONS
• 2.7 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN OPEN GEAR LUBRICANTS MARKET
• 4.2 ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL AND COUNTRY
• 4.3 OPEN GEAR LUBRICANTS MARKET, BY REGION
• 4.4 REGIONAL ANALYSIS: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY
• 4.5 OPEN GEAR LUBRICANTS MARKET, BY COUNTRY

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Increasing demand for open gear lubricants in various end-use industries
    • 5.2.1.2 Growth in demand for bio-based open gear lubricants
    • 5.2.1.3 Rising adoption of synthetic base oils
    • 5.2.1.4 Technological advancements in open gear lubrication monitoring
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 Geopolitical instability and economic slowdown
    • 5.2.2.2 Difficulties in lubricant application and incompatibility with modern high-performance machinery
    • 5.2.2.3 Stringent environmental regulations
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Rising demand from marine and offshore industries
    • 5.2.3.2 Stringent equipment maintenance standards
    • 5.2.3.3 Increasing demand for advanced additives and nano-lubricants
    • 5.2.3.4 Strategic original equipment manufacturer (OEM) collaborations and mergers
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Balancing cost and performance
    • 5.2.4.2 Development of eco-friendly formulations without compromising efficiency
• 5.3 PORTER'S FIVE FORCES ANALYSIS
  • 5.3.1 THREAT OF NEW ENTRANTS
  • 5.3.2 THREAT OF SUBSTITUTES
  • 5.3.3 BARGAINING POWER OF SUPPLIERS
  • 5.3.4 BARGAINING POWER OF BUYERS
  • 5.3.5 INTENSITY OF COMPETITIVE RIVALRY
• 5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 5.4.2 BUYING CRITERIA
• 5.5 MACROECONOMIC INDICATORS
  • 5.5.1 GDP TRENDS AND FORECAST

6 INDUSTRY TRENDS

• 6.1 SUPPLY CHAIN ANALYSIS
• 6.2 PRICING ANALYSIS
  • 6.2.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY
  • 6.2.2 AVERAGE SELLING PRICE TREND, BY REGION
• 6.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 6.4 ECOSYSTEM ANALYSIS
• 6.5 CASE STUDY ANALYSIS
  • 6.5.1 EXTENDING EQUIPMENT LIFE AND REDUCING COSTS WITH SHELL GADUS
  • 6.5.2 POWER PLANT SAVES 40% ON OPEN GEAR LUBRICANT CONSUMPTION WITH WHITMORE ENVIROLUBE XE EXTREME
  • 6.5.3 PETRON CORPORATION LUBRICANTS ENHANCED PERFORMANCE AND DURABILITY OF OPEN GEAR EQUIPMENT FOR LARGE MINING COMPANY
• 6.6 TECHNOLOGY ANALYSIS
  • 6.6.1 KEY TECHNOLOGIES
    • 6.6.1.1 Automated lubrication systems
    • 6.6.1.2 Condition monitoring and predictive maintenance technology
  • 6.6.2 COMPLEMENTARY TECHNOLOGIES
    • 6.6.2.1 Smart lubricants with nanotechnology
• 6.7 TRADE ANALYSIS
  • 6.7.1 IMPORT SCENARIO (HS CODE 2710)
  • 6.7.2 EXPORT SCENARIO (HS CODE 2710)
• 6.8 REGULATORY LANDSCAPE
  • 6.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 6.8.2 REGULATORY FRAMEWORK
    • 6.8.2.1 Environmental regulations and compliance
    • 6.8.2.2 Occupational health and safety standards
    • 6.8.2.3 Product quality and performance standards
• 6.9 KEY CONFERENCES AND EVENTS
• 6.10 INVESTMENT AND FUNDING SCENARIO
• 6.11 PATENT ANALYSIS
  • 6.11.1 APPROACH
  • 6.11.2 DOCUMENT TYPES
  • 6.11.3 TOP APPLICANTS
  • 6.11.4 JURISDICTION ANALYSIS
• 6.12 IMPACT OF AI/GEN AI ON OPEN GEAR LUBRICANTS MARKET

7 OPEN GEAR LUBRICANTS MARKET, BY BASE OIL

• 7.1 INTRODUCTION
• 7.2 MINERAL OIL
  • 7.2.1 EASY AVAILABILITY AND LOW COST TO DRIVE DEMAND
• 7.3 SYNTHETIC OIL
  • 7.3.1 GROWING INDUSTRIAL PRODUCTION TO FUEL DEMAND
  • 7.3.2 POLYALPHAOLEFINS
  • 7.3.3 POLYALKYLENE GLYCOLS
  • 7.3.4 ESTERS
  • 7.3.5 GROUP III (HYDROCRACKING)
• 7.4 BIO-BASED OIL
  • 7.4.1 RISING AWARENESS REGARDING BIO-BASED LUBRICANTS TO PROPEL DEMAND

8 OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY

• 8.1 INTRODUCTION
• 8.2 MINING
  • 8.2.1 INCREASING DEMAND FOR MINERALS AND METALS, SUCH AS COPPER, GOLD, COAL, AND LITHIUM, TO DRIVE MARKET
• 8.3 CONSTRUCTION
  • 8.3.1 INCREASED GOVERNMENT INVESTMENTS IN INFRASTRUCTURE PROJECTS TO SUPPORT MARKET GROWTH
• 8.4 POWER GENERATION
  • 8.4.1 RISING AWARENESS ABOUT RENEWABLE SOURCES FOR POWER GENERATION TO PROPEL MARKET
• 8.5 OIL & GAS
  • 8.5.1 NEED FOR LONG-TERM STABILITY AND SMOOTH FUNCTIONING OF MACHINERY TO DRIVE MARKET
• 8.6 CEMENT
  • 8.6.1 GROWING CONSTRUCTION ACTIVITIES TO DRIVE MARKET
• 8.7 MARINE
  • 8.7.1 EXPANSION OF GLOBAL SHIPBUILDING ACTIVITIES TO PROPEL MARKET
• 8.8 OTHER END-USE INDUSTRIES

9 OPEN GEAR LUBRICANTS MARKET, BY REGION

• 9.1 INTRODUCTION
• 9.2 ASIA PACIFIC
  • 9.2.1 CHINA
    • 9.2.1.1 Increasing population and rapid industrialization to drive market
  • 9.2.2 INDIA
    • 9.2.2.1 Rapid urbanization and population growth to drive market
  • 9.2.3 JAPAN
    • 9.2.3.1 Fiscal support and technology development to support market growth
  • 9.2.4 SOUTH KOREA
    • 9.2.4.1 Increasing industrial modernization and infrastructure development to drive market
• 9.3 NORTH AMERICA
  • 9.3.1 US
    • 9.3.1.1 Strong industrial infrastructure and increasing environmental awareness to drive market
  • 9.3.2 CANADA
    • 9.3.2.1 Growing mining, construction, and cement production industries to drive market
  • 9.3.3 MEXICO
    • 9.3.3.1 Growing power generation and manufacturing sectors to drive market
• 9.4 EUROPE
  • 9.4.1 UK
    • 9.4.1.1 Increasing R&D activities to support market growth
  • 9.4.2 GERMANY
    • 9.4.2.1 Growing industrial activities to drive market
  • 9.4.3 ITALY
    • 9.4.3.1 Growth in manufacturing industry to fuel demand for open gear lubricants
  • 9.4.4 FRANCE
    • 9.4.4.1 Rising spending power to fuel demand
• 9.5 MIDDLE EAST & AFRICA
  • 9.5.1 GCC COUNTRIES
    • 9.5.1.1 Saudi Arabia
      • 9.5.1.1.1 Growing oil & gas sector to drive market
  • 9.5.2 SOUTH AFRICA
    • 9.5.2.1 Rapid growth in automotive, industrial, and consumer goods to drive market
  • 9.5.3 IRAN
    • 9.5.3.1 Rapid growth in industrial sector to drive market
• 9.6 SOUTH AMERICA
  • 9.6.1 BRAZIL
    • 9.6.1.1 Significant investments in manufacturing industry to drive demand
  • 9.6.2 ARGENTINA
    • 9.6.2.1 Developing mining industry to support market growth

10 COMPETITIVE LANDSCAPE

• 10.1 OVERVIEW
• 10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
• 10.3 MARKET SHARE ANALYSIS
• 10.4 REVENUE ANALYSIS
• 10.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
  • 10.5.1 STARS
  • 10.5.2 EMERGING LEADERS
  • 10.5.3 PERVASIVE PLAYERS
  • 10.5.4 PARTICIPANTS
  • 10.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
    • 10.5.5.1 Company footprint
    • 10.5.5.2 Region footprint
    • 10.5.5.3 Base oil footprint
    • 10.5.5.4 End-use industry footprint
• 10.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
  • 10.6.1 PROGRESSIVE COMPANIES
  • 10.6.2 RESPONSIVE COMPANIES
  • 10.6.3 DYNAMIC COMPANIES
  • 10.6.4 STARTING BLOCKS
  • 10.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    • 10.6.5.1 Detailed list of key startups/SMEs
    • 10.6.5.2 Competitive benchmarking of key startups/SMEs
• 10.7 BRAND/PRODUCT COMPARISON ANALYSIS
• 10.8 COMPANY VALUATION AND FINANCIAL METRICS
• 10.9 COMPETITIVE SCENARIO
  • 10.9.1 DEALS
  • 10.9.2 EXPANSIONS

11 COMPANY PROFILES

• 11.1 KEY PLAYERS
  • 11.1.1 FUCHS SE
    • 11.1.1.1 Business overview
    • 11.1.1.2 Products/Solutions/Services offered
    • 11.1.1.3 Recent developments
      • 11.1.1.3.1 Deals
    • 11.1.1.4 MnM view
      • 11.1.1.4.1 Key strengths/Right to win
      • 11.1.1.4.2 Strategic choices
      • 11.1.1.4.3 Weaknesses/Competitive threats
  • 11.1.2 KLUBER LUBRICATION
    • 11.1.2.1 Business overview
    • 11.1.2.2 Products/Solutions/Services offered
    • 11.1.2.3 Recent developments
      • 11.1.2.3.1 Expansions
    • 11.1.2.4 MnM view
      • 11.1.2.4.1 Key strengths/Right to win
      • 11.1.2.4.2 Strategic choices
      • 11.1.2.4.3 Weaknesses/Competitive threats
  • 11.1.3 CSW INDUSTRIALS, INC. (WHITMORE MANUFACTURING, LLC)
    • 11.1.3.1 Business overview
    • 11.1.3.2 Products/Solutions/Services offered
    • 11.1.3.3 Recent developments
      • 11.1.3.3.1 Deals
    • 11.1.3.4 MnM view
      • 11.1.3.4.1 Key strengths/Right to win
      • 11.1.3.4.2 Strategic choices
      • 11.1.3.4.3 Weaknesses/Competitive threats
  • 11.1.4 CARL BECHEM GMBH
    • 11.1.4.1 Business overview
    • 11.1.4.2 Products/Solutions/Services offered
    • 11.1.4.3 MnM view
      • 11.1.4.3.1 Key strengths/Right to win
      • 11.1.4.3.2 Strategic choices
      • 11.1.4.3.3 Weaknesses/Competitive threats
  • 11.1.5 SHELL PLC
    • 11.1.5.1 Business overview
    • 11.1.5.2 Products/Solutions/Services offered
    • 11.1.5.3 Recent developments
      • 11.1.5.3.1 Deals
    • 11.1.5.4 MnM view
      • 11.1.5.4.1 Key strengths/Right to win
      • 11.1.5.4.2 Strategic choices
      • 11.1.5.4.3 Weaknesses/Competitive threats
  • 11.1.6 CHEVRON CORPORATION
    • 11.1.6.1 Business overview
    • 11.1.6.2 Products/Solutions/Services offered
  • 11.1.7 TOTALENERGIES SE
    • 11.1.7.1 Business overview
    • 11.1.7.2 Products/Solutions/Services offered
  • 11.1.8 EXXON MOBIL CORPORATION
    • 11.1.8.1 Business overview
    • 11.1.8.2 Products/Solutions/Services offered
    • 11.1.8.3 Recent developments
      • 11.1.8.3.1 Expansions
  • 11.1.9 BP P.L.C.
    • 11.1.9.1 Business overview
    • 11.1.9.2 Products/Solutions/Services offered
    • 11.1.9.3 Recent developments
      • 11.1.9.3.1 Deals
  • 11.1.10 PETRON CORPORATION
    • 11.1.10.1 Business overview
    • 11.1.10.2 Products/Solutions/Services offered
  • 11.1.11 SPECIALTY LUBRICANTS CORPORATION
    • 11.1.11.1 Business overview
    • 11.1.11.2 Products/Solutions/Services offered
• 11.2 OTHER PLAYERS
  • 11.2.1 BEL-RAY LUBRICANTS
  • 11.2.2 LUBRIPLATE LUBRICANTS COMPANY
  • 11.2.3 CHINA PETROLEUM & CHEMICAL CORPORATION
  • 11.2.4 CRC INDUSTRIES
  • 11.2.5 TRI-CHEM CORPORATION
  • 11.2.6 KLONDIKE LUBRICANTS CORPORATION
  • 11.2.7 PHILLIPS 66
  • 11.2.8 D-A LUBRICANT COMPANY
  • 11.2.9 STATE INDUSTRIAL PRODUCTS
  • 11.2.10 BIOBLEND RENEWABLE RESOURCES, LLC
  • 11.2.11 CITGO PETROLEUM CORPORATION
  • 11.2.12 SCHAEFFER MANUFACTURING CO.
  • 11.2.13 PETRO-CANADA LUBRICANTS LLC
  • 11.2.14 VERTEX LUBRICANTS

12 ADJACENT AND RELATED MARKETS

• 12.1 INTRODUCTION
• 12.2 LIMITATIONS
• 12.3 GREASE MARKET
  • 12.3.1 MARKET DEFINITION
  • 12.3.2 MARKET OVERVIEW
  • 12.3.3 GREASE MARKET, BY REGION

13 APPENDIX

• 13.1 DISCUSSION GUIDE
• 13.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 13.3 CUSTOMIZATION OPTIONS
• 13.4 RELATED REPORTS
• 13.5 AUTHOR DETAILS