Indian Industrial Lubricants Market - Forecast(2022 - 2027) - PowerPoint PPT Presentation

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Indian Industrial Lubricants Market - Forecast(2022 - 2027)

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A report released by the India Brand Equity Foundation (IBEF) on automotive industry states that there is an increase in sales of vehicles by 9.5% year-on-year, which translates to 4.02 million units excluding two-wheelers in 2017. Also, the domestic automobile production showed significant growth with compound annual growth rate (CAGR) of 7.08% during FY13-18 with 29.7 million vehicles manufactured in the country in the year 2018[1]. – PowerPoint PPT presentation

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Title: Indian Industrial Lubricants Market - Forecast(2022 - 2027)


1
Indian Industrial Lubricants Market Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report (2022 -
2027)
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
Download PDF Brochure
  • The increasing sales of vehicles and rising
    demand for lightweight as well as heavy-duty
    vehicles is creating a major demand for
    automotive lubricants.
  • The demand for lubricants from different sectors
    is creating numerous opportunities in the Indian
    industrial lubricants market which had a market
    size of around 4.68 billion as of 2018.
    Furthermore, the demand for Indian industrial
    lubricants will observe a healthy CAGR of around
    4.6 during the forecast period of 2019 to 2025.
  • Lubricants are an important part in industrial
    applications to provide the machine and tools a
    longer life.

Inquiry Before Buying
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3

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Key Takeaways
  • The report analyses the product demands by the
    Indian industrial lubricants market on the basis
    of an application that includes automotive,
    marine, power generation, chemicals, food
    processing, and textiles.
  • India is a developing nation and
    industrialization in the country is growing at a
    high pace. With the shift in dependency for oil
    and gas from other nations, to domestic oil and
    gas production, there is an increased investment
    to develop the offshore oil and gas fields is one
    of the major growth contributors.

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4
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  • By Distribution Channel- Segment Analysis
  • Growth in seaborne trade in the country along
    with increasing tourism activities with cursing
    and recreational sports will drive the growth of
    marine lubricants in the market.
  • The installation of wind turbines in the country
    is increasing continuously each year. Gear oils
    are used for the lubrication of the gear motor,
    gearbox, and other components. The processes of
    power generation with wind turbines are stringent
    and involves load weights, corrosion and
    oxidation, high temperature, and bearing wear.

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5
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  • Industrial Rubber Products Market Industry
    Outlook 
  • Gulf Oil Lubricants India.,
  • Indian Oil Corporation Ltd.,
  • Castrol (BP Plc).,
  • Hindustan Petroleum Corporation Limited.,
  • and Veedol.

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6
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Indian Industrial Lubricants Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/1824
3/indian-industrial-lubricants-market-research-rep
ort-analysis.html
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id18243

Inquiry Before Buying
Email sales_at_industryarc.com
8
Download PDF Brochure
For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com
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