Lubricants Market size is set to grow by USD 23.8 billion from 2024-2028, Increasing demand for lubricants from end-user industries to boost the market growth, Technavio [Yahoo! Finance]
BP p.l.c. (BP)
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Source: Yahoo! Finance
The market is estimated to grow at a CAGR of almost 3.22% during the forecast period. Increasing demand for lubricants from end-user industries is driving market growth, with a trend towards emergence of bio-based lubricants. However, fluctuations in crude oil prices poses a challenge. Key market players include Arabian Petroleum Ltd., BP Plc, Chevron Corp., CONDAT, ENEOS Holdings Inc., Exxon Mobil Corp., FUCHS PETROLUB SE, Gazpromneft Lubricants Ltd., GP Global, Hinduja Group Ltd., Idemitsu Kosan Co. Ltd., Indian Oil Corp. Ltd., Novvi LLC, Oil and Natural Gas Corp. Ltd., PETRONAS Chemicals Group Berhad, Phillips 66, PJSC LUKOIL, PT Pertamina Persero, Sinopec Shanghai Petrochemical Co. Ltd., and TotalEnergies SE. Get a detailed analysis on regions, market segments, customer landscape, and companies - Click for the snapshot of this report Forecast period Base Year Historic Data Segment Covered Application (Automotive oils, Industrial oils, Process oils, Metalworking fluids,
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- BP, ExxonMobil Provide A Contrast In Energy Transition Strategies [Forbes]Forbes
- BP freezes offshore wind projects to increase focus on fossil fuels [Yahoo! Finance]Yahoo! Finance
- BP halts hiring, slows renewables roll-out to win over investors [Yahoo! Finance Canada]Yahoo! Finance Canada
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