Biodegradable Engine Oil Market by Type (Vegetable Oils, Polyalkylene Glycols, Synthetic Esters, and Others) and Application (Agriculture, Transportation, Construction, and Others): Global Opportunity Analysis and Industry Forecast 2020–2027
| A07589 | Pages: 200 | Nov 2020 | 180 Views | | |
| Author(s) : Snehal Mohite, Krunal Yeware , Eswara Prasad | Tables: 100 | Charts: 65 | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
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The global biodegradable engine oil market size was valued at $931.2 million in 2019, and is projected to reach $1,180.4 million by 2027, growing at a CAGR of 4.3% from 2020 to 2027. Biodegradable engine oils, also known as bio-lubricants and bio-lubes, are biodegradable and nontoxic lubricants. Organic lubricants are usually made by using raw materials such as rapeseed oil, sunflower oil, palm oil, coconut oil, and animal fats. In terms of non-toxicity, sustainability, carbon neutral, and environmentally safe, bio lubricants provide many advantages over conventionally used petroleum-based product offerings. Attributed to the high flash point and high stability, the use of bio-lubricants over traditional lubricants is comparatively better. Bio-lubricants are used for a variety of applications across diverse set of industries, including automotive, marine, construction, among others.
The outbreak of COVID-19 has negatively impacted the demand for biodegradable engine oil, owing to the decreased automotive sales, disturbed construction activities, and others.
Rise in demand for sustainable and high-performance lubricants is expected to accelerate market growth along with increase in environmental concerns. In addition, with the growth of the construction sector in China, the demand for heavy machinery lubricants in the construction sector, such as wire rope lubricants for penetration and coating, diesel fuel, engine oil, bearing grease, and others, is expected to increase over the forecast period. Moreover, high cost and poor performance of biodegradable engine oil are the major factors that restrict the biodegradable engine oil market growth. Additionally, it is a very demanding job to convince small-scale farmers to use agricultural lubricants. Low capital is also an obstacle to the adoption of agricultural lubricants by small-scale farmers as they tend to stick to conventional cost-friendly methods.
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The global biodegradable engine oil market is segmented on the basis of type, application, and region. By type, the market is classified into vegetable oils, polyalkylene glycols, synthetic esters, and others. According to application, it is divided into agriculture, transportation, construction, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the key players operating in the global biodegradable engine oil industry are BP, Condat, Croda International Plc., Exxon Mobil, FUCHS Group, NANDAN PETROCHEM LTD., Renewable Lubricants, Repsol, Royal Dutch Shell, and Total Lubricants.
Biodegradable Engine Oil Market
By Type
Vegetable Oils is projected as the most lucrative segment.
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Global Biodegradable Engine Oil Market, by Type
By type, the vegetable oil segment garnered 54.6% share in 2019, in terms of revenue. Vegetable oils are increasingly being used for bio lubricant development due to their advantageous characteristics such as renewability, non-toxicity, economic & environmental friendliness, and others.
Biodegradable Engine Oil Market
By Application
Transportation is projected as the most lucrative segment.
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Global Biodegradable Engine Oil Market, by Application
By application, the use of biodegradable engine oil is expected to increase in the transportation sector in the near future. It consumes biodegradable engine oil on a large scale. Lubricants are utilized in heavy vehicles such as lorries, buses, agricultural machines, and marine transport.
Biodegradable Engine Oil Market
By Region
Europe holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.
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Global Biodegradable Engine Oil Market, by Region
By region, Europe is expected to be the fastest-growing region in terms of revenue. Demand for biodegradable engine oil in Europe is strong in the UK, Spain, Italy, Germany and France, owing to the rapid growth in the industrial sector in those countries. The European Union stresses the protection of the environment and provides subsidies to biodegradable engine oil producers. In order to encourage the use of biodegradable engine oil, the Organization for Economic Co-operation & Development (OECD) has set such regulatory requirements.
Key benefits for stakeholders
- The report provides in-depth analysis of the biodegradable engine oil market along with the current and future market trends.
- This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period.
- Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the global biodegradable engine oil industry for strategy building.
- A comprehensive biodegradable engine oil market analysis covers factors that drive and restrain the market growth.
- The qualitative data in this report focuses on market dynamics, trends, and developments.
Impact of COVID-19 on the global biodegradable engine oil market
- The world is battling the contagious COVID-19 pandemic, which has spread across the globe.
- Some of the major economies suffering the COVID-19 crises include Germany, France, Italy, Spain, the UK, and Norway.
- The outbreak has forced many industries to shut down due to lack of raw material availability and disruptions in the supply chain. The global lockdown has suspended the activities of construction and many other industries, which declined the demand for biodegradable engine oil.
- The demand-supply gap, disruptions in raw material procurement, price volatility, and many other factors are expected to hamper the growth of the chemical industry during the COVID-19 pandemic.
- Biodegradable engine oil is primarily used in manufacturing, transportation, construction, consumer goods, and others. As a reaction to the national lockdown, these sectors were experiencing sudden decline in growth rates.
- Less usage of machinery results in reduced demand for industrial lubricants from various end-use sectors. Subsequent downfall in the construction industry across various nations further hinders the market growth.
Biodegradable Engine Oil Market Key Segments
By Type
- Vegetable Oils
- Polyalkylene Glycols
- Synthetic Esters
- Others
By Application
- Agriculture
- Transportation
- Construction
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Qatar
- UAE
- Rest of LAMEA
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.Key findings
2.2.1.Top investment pockets
2.3.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Porter’s five forces analysis
3.2.1.Bargaining power of the supplier
3.2.2.Bargaining power of the buyer
3.2.3.Threat of Substitutes
3.2.4.Threat of new entrant
3.2.5.Competitive rivalry
3.3.Market Dynamics
3.3.1.Drivers
3.3.1.1.Growing automotive industry
3.3.1.2.Increasing industrialization in emerging economies
3.3.2.Restraint
3.3.2.1.High cost of biodegradable oils
3.3.3.Opportunity
3.3.3.1.Increasing consumption of vegetable oil
3.4.Patent Analysis
3.5.Impact of government rules & regulations
3.6.Impact of COVID-19 outbreak on the market
CHAPTER 4:OVERVIEW BIODEGRADABLE ENGINE OIL MARKET, BY TYPE
4.1.1.Market size and forecast
4.2.Vegetable oils
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Natural esters
4.2.3.Triglycerides
4.2.4.Market size and forecast, by region
4.2.4.1.Market analysis, by country
4.3.Polyalkylene glycols
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
4.4.Synthetic Esters
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country
4.5.Others
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country
CHAPTER 5:BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION
5.1.Overview
5.1.1.Market size and forecast
5.2.Agriculture
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Transportation
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.4.Construction
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country
5.5.Others
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country
CHAPTER 6:BIODEGRADABLE ENGINE OIL MARKET, BY REGION
6.1.Overview
6.1.1.Market size and forecast
6.2.North America
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market size and forecast, by application
6.2.4.Market size and forecast, by country
6.2.5.U.S.
6.2.5.1.Market size and forecast, by type
6.2.5.2.Market size and forecast, by application
6.2.6.Canada
6.2.6.1.Market size and forecast, by type
6.2.6.2.Market size and forecast, by application
6.2.7.Mexico
6.2.7.1.Market size and forecast, by type
6.2.7.2.Market size and forecast, by application
6.3.Europe
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by type
6.3.3.Market size and forecast, by application
6.3.4.Market size and forecast, by country
6.3.5.Germany
6.3.5.1.Market size and forecast, by type
6.3.5.2.Market size and forecast, by application
6.3.6.France
6.3.6.1.Market size and forecast, by type
6.3.6.2.Market size and forecast, by application
6.3.7.UK
6.3.7.1.Market size and forecast, by type
6.3.7.2.Market size and forecast, by application
6.3.8.Italy
6.3.8.1.Market size and forecast, by type
6.3.8.2.Market size and forecast, by application
6.3.9.Spain
6.3.9.1.Market size and forecast, by type
6.3.9.2.Market size and forecast, by application
6.3.10.Rest of Europe
6.3.10.1.Market size and forecast, by type
6.3.10.2.Market size and forecast, by application
6.4.Asia-Pacific
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by type
6.4.3.Market size and forecast, by application
6.4.4.Market size and forecast, by country
6.4.5.China
6.4.5.1.Market size and forecast, by type
6.4.5.2.Market size and forecast, by application
6.4.6.Japan
6.4.6.1.Market size and forecast, by type
6.4.6.2.Market size and forecast, by application
6.4.7.India
6.4.7.1.Market size and forecast, by type
6.4.7.2.Market size and forecast, by application
6.4.8.Australia
6.4.8.1.Market size and forecast, by type
6.4.8.2.Market size and forecast, by application
6.4.9.South Korea
6.4.9.1.Market size and forecast, by type
6.4.9.2.Market size and forecast, by application
6.4.10.Rest of Asia-Pacific
6.4.10.1.Market size and forecast, by type
6.4.10.2.Market size and forecast, by application
6.5.LAMEA
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by type
6.5.3.Market size and forecast, by application
6.5.4.Market size and forecast, by country
6.5.5.Brazil
6.5.5.1.Market size and forecast, by type
6.5.5.2.Market size and forecast, by application
6.5.6.Saudi Arabia
6.5.6.1.Market size and forecast, by type
6.5.6.2.Market size and forecast, by application
6.5.7.South Africa
6.5.7.1.Market size and forecast, by type
6.5.7.2.Market size and forecast, by application
6.5.8.Rest of LAMEA
6.5.8.1.Market size and forecast, by type
6.5.8.2.Market size and forecast, by application
CHAPTER 7:COMPETITIVE LANDSCAPE
7.1.INTRODUCTION
7.1.1.MARKET PLAYER POSITIONING, 2019
7.2.TOP WINNING STRATEGIES
7.2.1.Top winning strategies, by year
7.2.2.Top winning strategies, by development
7.2.3.Top winning strategies, by company
7.3.PRODUCT MAPPING OF TOP 10 PLAYER
7.4.COMPETITIVE HEATMAP
7.5.KEY DEVELOPMENTS
7.5.1.Partnership
7.5.2.Mergers and acquisition
CHAPTER 8:COMPANY PROFILES:
8.1.BP p.l.c
8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Business performance
8.1.6.Key strategic moves and developments
8.2.Condat
8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio
8.2.4.Key strategic moves and developments
8.3.Croda International Plc.
8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance
8.4.Exxon Mobil Corporation
8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance
8.5.FUCHS Group
8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance
8.5.6.Key strategic moves and developments
8.6.NANDAN PETROCHEM LTD.
8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio
8.7.Renewable Lubricants
8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio
8.8.Repsol
8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Business performance
8.9.Royal Dutch Shell plc.
8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance
8.10.Total SE
8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
8.10.5.Business performance
LIST OF TABLES
TABLE 01.GLOBAL BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019–2027($MILLION)
TABLE 02.BIODEGRADABLE ENGINE OIL MARKET FOR VEGETABLE OILS, BY REGION, 2019-2027 ($MILLION)
TABLE 03.BIODEGRADABLE ENGINE OIL MARKET FOR POLYALKYLENE GLYCOLS, BY REGION, 2019-2027 ($MILLION)
TABLE 04.BIODEGRADABLE ENGINE OIL MARKET, FOR SYNTHETIC ESTERS, BY REGION, 2019-2027 ($MILLION)
TABLE 05.BIODEGRADABLE ENGINE OIL MARKET, FOR OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 06.GLOBAL BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027($MILLION)
TABLE 07.BIODEGRADABLE ENGINE OIL MARKET,FOR AGRICULTURE, BY REGION, 2019-2027 ($MILLION)
TABLE 08.BIODEGRADABLE ENGINE OIL MARKET,FOR TRANSPORTATION, BY REGION, 2019-2027 ($MILLION)
TABLE 09.BIODEGRADABLE ENGINE OIL MARKET,FOR CONSTRUCTION, BY REGION, 2019-2027 ($MILLION)
TABLE 10.BIODEGRADABLE ENGINE OIL MARKET,FOR OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 11.BIODEGRADABLE ENGINE OIL MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 12.NORTH AMERICA BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 13.NORTH AMERICA BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 14.NORTH AMERICA BIODEGRADABLE ENGINE OIL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 15.U.S. BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 16.U.S. BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 17.CANADA BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 18.CANADA BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 19.MEXICO BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 20.MEXICO BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 21.EUROPE BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 22.EUROPE BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 23.EUROPE BIODEGRADABLE ENGINE OIL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 24.GERMANY BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 25.GERMANY BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 26.FRANCE BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 27.FRANCE BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 28.UK BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 29.UK BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 30.ITALY BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 31.ITALY BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 32.SPAIN BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 33.SPAIN BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 34.REST OF EUROPE BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 35.REST OF EUROPE BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 36.ASIA-PACIFIC BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 37.ASIA-PACIFIC BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 38.ASIA-PACIFIC BIODEGRADABLE ENGINE OIL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 39.CHINA BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 40.CHINA BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 41.JAPAN BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 42.JAPAN BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 43.INDIA BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 44.INDIA BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 45.AUSTRALIA BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 46.AUSTRALIA BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 47.SOUTH KOREA BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 48.SOUTH KOREA BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 49.REST OF ASIA-PACIFIC BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 50.REST OF ASIA-PACIFIC BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 51.LAMEA BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 52.LAMEA BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 53.LAMEA BIODEGRADABLE ENGINE OIL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 54.BRAZIL BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 55.BRAZIL BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 56.SAUDI ARABIA BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 57.SAUDI ARABIA BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 58.SOUTH AFRICA BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 59.SOUTH AFRICA BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 60.REST OF LAMEA BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 61.REST OF LAMEA BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 62.KEY PARTNERSHIP (2017-2020)
TABLE 63.KEY MERGERS AND ACQUISITION (2017-2020)
TABLE 64.BP P.L.C: COMPANY SNAPSHOT
TABLE 65.BP P.L.C.: OPERATING SEGMENTS
TABLE 66.BP P.L.C.: PRODUCT PORTFOLIO
TABLE 67.BP P.L.C.: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 68.BP P.L.C.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 69.CONDAT: COMPANY SNAPSHOT
TABLE 70.CONDAT: PRODUCT PORTFOLIO
TABLE 71.CONDAT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 72.CRODA: COMPANY SNAPSHOT
TABLE 73.CRODA: OPERATING SEGMENTS
TABLE 74.CRODA: PRODUCT PORTFOLIO
TABLE 75.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 76.EXXON MOBIL CORPORATION: COMPANY SNAPSHOT
TABLE 77.EXXON MOBIL CORPORATION: OPERATING SEGMENTS
TABLE 78.EXXON MOBIL CORPORATION: PRODUCT PORTFOLIO
TABLE 79.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 80.FUCHS: COMPANY SNAPSHOT
TABLE 81.FUCHS: OPERATING SEGMENTS
TABLE 82.FUCHS : PRODUCT PORTFOLIO
TABLE 83.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 84.FUCHS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 85.NANDAN: COMPANY SNAPSHOT
TABLE 86.NANDAN: PRODUCT PORTFOLIO
TABLE 87.RENEWABLE LUBRICANTS: COMPANY SNAPSHOT
TABLE 88.RENEWABLE LUBRICANTS: PRODUCT PORFOLIO
TABLE 89.GROUPE PSA: COMPANY SNAPSHOT
TABLE 90.REPSOL: OPERATING SEGMENTS
TABLE 91.REPSOL: PRODUCT PORTFOLIO
TABLE 92.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 93.ROYAL DUTCH SHELL PLC: COMPANY SNAPSHOT
TABLE 94.ROYAL DUTCH SHELL PLC: OPERATING SEGMENTS
TABLE 95.ROYAL DUTCH SHELL PLC: PRODUCT PORTFOLIO
TABLE 96.ROYAL DUTCH SHELL PLC: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 97.TOTAL SE: COMPANY SNAPSHOT
TABLE 98.TOTAL SE: OPERATING SEGMENTS
TABLE 99.TOTAL SE: PRODUCT PORTFOLIO
TABLE 100.OVERALL FINANCIAL STATUS ($MILLION)
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.TOP INVESTMENT POCKETS, BY TYPE
FIGURE 03.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 04.MODERATE BARGAINING POWER OF BUYERS
FIGURE 05.LOW THREAT OF SUBSTITUTES
FIGURE 06.LOW THREAT OF NEW ENTRANTS
FIGURE 07.HIGH INTENSITY OF RIVALRY
FIGURE 08.GLOBAL BIODEGRADABLE ENGINE OIL MARKET DYNAMICS
FIGURE 09.PATENT ANALYSIS, BY COUNTRY
FIGURE 10.GLOBAL BIODEGRADABLE ENGINE OIL MARKET, BY TYPE, 2019–2027 ($MILLION)
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE ENGINE OIL MARKET FOR VEGETABLE OILS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE ENGINE OIL MARKET FOR POLYALKYLENE GLYCOLS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE ENGINE OIL MARKET, FOR SYNTHETIC ESTERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE ENGINE OIL MARKET, FOR OTHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 15.GLOBAL BIODEGRADABLE ENGINE OIL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE ENGINE OIL MARKET, FOR AGRICULTURE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE ENGINE OIL MARKET, FOR TRANSPORTATION , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE ENGINE OIL MARKET, FOR CONSTRUCTION , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF BIODEGRADABLE ENGINE OIL MARKET, FOR OTHERS , BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 20.U.S. BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 21.CANADA BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 22.MEXICO BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 23.GERMANY BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 24.FRANCE BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 25.UK BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 26.ITALY BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 27.SPAIN BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 28.REST OF EUROPE BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 29.CHINA BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 30.JAPAN BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 31.INDIA BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 32.AUSTRALIA BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 33.SOUTH KOREA BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 34.REST OF ASIA-PACIFIC BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.BRAZIL BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 36.SAUDI ARABIA BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 37.SOUTH AFRICA BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 38.REST OF LAMEA BIODEGRADABLE ENGINE OIL MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 39.MARKET PLAYER POSITIONING, 2019
FIGURE 40.TOP WINNING STRATEGIES, BY YEAR, 2017–2020
FIGURE 41.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%)
FIGURE 42.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020
FIGURE 43.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 44.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 45.BP P.L.C: REVENUE, 2017–2019 ($MILLION)
FIGURE 46.BP P.L.C.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 47.BP P.L.C.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 48.CRODA: NET SALES, 2017–2019 ($MILLION)
FIGURE 49.CRODA: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 50.CRODA: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 51.EXXON MOBIL CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 52.EXXON MOBIL CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 53.EXXON MOBIL CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 54.FUCHS: REVENUE, 2017–2019 ($MILLION)
FIGURE 55.FUCHS: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 56.FUCHS: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 57.REPSOL: REVENUE, 2017–2019 ($MILLION)
FIGURE 58.REPSOL: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 59.REPSOL: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 60.ROYAL DUTCH SHELL PLC: REVENUE, 2017–2019 ($MILLION)
FIGURE 61.ROYAL DUTCH SHELL PLC: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 62.ROYAL DUTCH SHELL PLC: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 63.TOTAL SE: REVENUE, 2017–2019 ($MILLION)
FIGURE 64.TOTAL SE: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 65.TOTAL SE: REVENUE SHARE BY REGION, 2019 (%)
The global biodegradable engine oil market is moving toward growth stabilization phase in its industry life cycle. Increase in demand from agriculture, transportation, construction, and others sectors drives the global biodegradable engine oil market. Earlier, the dominant raw material for lubricant production was vegetable oil due to its beneficial characteristics such as renewability, non-toxicity, and economic & environmental friendliness. Therefore, this oil is increasingly used for bio-lubricant processing. Additionally, the largest demand for biodegradable engine oil is from transportation. In emerging regions, such as India, China, South Africa, and Brazil, the expansion of the transport sector is also intended to drive the consumption of sustainable goods, thereby leading to higher fuel efficiency and lower carbon emissions from vehicles. In addition, Demand for biodegradable engine oil in Europe is strong in the United Kingdom, Spain, Italy, Germany and France, owing to the rapid growth in the industrial sector in those countries. The European Union stresses the protection of the environment and provides subsidies to biodegradable engine oil producers. In order to encourage the use of biodegradable engine oil, the Organization for Economic Co-operation & Development (OECD) has set such regulatory requirements.
Q1. What are the key factors boosting the biodegradable engine oil market growth?
A. Rise in demand for sustainable and high-performance lubricants is expected to accelerate market growth along with increase in environmental concerns
Q2. Which applications are expected to drive the adoption of biodegradable engine oil?
A. Transportation is the largest application in the global biodegradable engine oil.
Q3. How can I get report sample of biodegradable engine oil market?
A. To get latest version of biodegradable engine oil market report can be obtained on demand from the website.
Q4. What is the Main Driver of biodegradable engine oil Market
A. Some of the drivers of the market are environmental regulations, increased production of vegetable oils, and emerging bio-lubricant applications
Q5. Which are the top companies in the biodegradable engine oil industry?
A. Croda International Plc., Exxon Mobil, FUCHS Group, Repsol, and Royal Dutch Shell are the top companies in the biodegradable engine oil industry.
Q6. How can I get statistical data of top market players of biodegradable engine oil market?
A. The top ten market players are selected based on two key attributes - competitive strength and market positioning
Q7. Which region is expected to hold the highest share in this market
A. Europe region is holding the highest share in this market.
Q8. Which is the leading segment in this market?
A. Types sgment is the leading segment in the market
Q9. What will be the market value of biodegradable engine oil in the forecast period 2019 to 2027?
A. The market value of biodegradable engine oil in the forecast period is anticipated to be $ 1,180.4 million
Q10. How will the COVID-19 pandemic impact the biodegradable engine oil market in 2020?
A. The COVID-19 pandemic has impacted the biodegradable engine oil market in a negative way. Due to COVID-19 pandemic all the industries across the globe had shut down for a certain period of time (Feburary 2020-September2020 approx.) which has resulted in the non usage of machinery. Thus, the consumption of biodegradable engine oil has decreased in 2020.
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