Global Bio-Lubricants Market 2018-2023: Analysis by Product Type, End-user Industry and Geography - ResearchAndMarkets.com

September 28, 2018

DUBLIN--(BUSINESS WIRE)--Sep 28, 2018--The “Global Bio-Lubricants Market - Segmented by Product Type, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The bio-lubricants market is expected to register moderately high growth during the forecast period.

Increasing Regulations Across the Globe to Drive the Demand

The Food, Conservation and Energy Act of 2008, the Farm Security and Rural Investment Act of 2002, Presidential Executive Order #13423, and the Federal Acquisition Regulations (FAR) support the usage of bio-based lubricants. These legislations require government agencies to purchase bio-based lubricants instead of petroleum-based lubricants. This highlights the importance of considering food grade lubricants for industrial and machinery lubrication.

Increasing environmental regulations, such as the Vessel General Permit (VGP) in developed nations (like the United States and European countries), coupled with new and upcoming R&D firms, are expected to boost the bio-lubricants market during the forecast period.

Key Highlights

Hydraulic Fluids to Dominate the Market North America & Europe to Lead the Market

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation & Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

Axel Christiernsson Bechem BP PLC Cargill Chevron Corp. Cortec Corporation ELM ExxonMobil FUCHS Klber Lubrication Lubitec Novvi LLC Panolin AG Plews Renewable Lubricants Inc. Repsol Royal Dutch Shell Smart Earth Lubricants Total United Bio Lube

For more information about this report visit https://www.researchandmarkets.com/research/2bs2b4/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180928005169/en/

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Related Topics:Lubricants and Greases



SOURCE: Research and Markets

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PUB: 09/28/2018 06:32 AM/DISC: 09/28/2018 06:32 AM


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