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Global Marine Lubricants Market- Industry Trends
- Forecast to 2026
Global Marine Lubricants Market By Product
(Mineral Oil, Synthetic Oil, Bio-based Oil),
Lubricant Type (System Oil, Marine Cylinder
Lubricant, Trunk Piston Engine Oil, Others),
Application (Engine Oil, Hydraulic Oil, Turbine
Oil, Gear Oil, HTFs, Compressor Oil, Grease,
Others), Operation Type (Inland, Offshore), End
Use (Oil and Gas, Cargo Ships, Tanker, Container,
Others), Ship Type (Bulk Carrier, Tanker,
Container, Others)
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Report Description
Global marine lubricants market is expected to
rise to an estimated value of USD 7.67 billion by
2026, registering a steady CAGR in the forecast
period of 2019-2026. Marine lubricants are
extensively used in the shipping industry to
safeguard and increase the performance of engines
and equipment. These are the fuels that are
mainly designed to lead to highest performance in
operations. They have several unusual inherent
features that increase the life of the engine and
protect its parts at high temperatures, thereby
enhancing the performance and efficiency of
machinery, protecting it from mechanical wear and
tear and reducing cold corrosion.
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Major Key Players

• Some of the major players operating in this
  market are
• FUCHS
• Gulf Oil International
• HR GROUP
• JXTG Nippon Oil Energy Corporation
• PETRONAS Lubricants International
• Unimarine
• World Fuel Services Corporation
• Gazpromneft - Lubricants, Ltd
• Valvoline LLC

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marine-lubricants-market
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Market Segmentation

• By Product (Mineral Oil, Synthetic Oil, Bio-based
  Oil)
• By Lubricant Type (System Oil, Marine Cylinder
  Lubricant, Trunk Piston Engine Oil, Others)
• By Application (Engine Oil, Hydraulic Oil,
  Turbine Oil, Gear Oil, HTFs, Compressor Oil,
  Grease, Others)
• By End Use (Oil and Gas, Cargo Ships, Tanker,
  Container, Others)
• By Ship Type (Bulk Carrier, Tanker, Container,
  Others),

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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