Global Industrial Gear Oil Market to Grow at a CAGR of 2.8% by 2021 - Key Vendors are BP, Chevron Corporation, Exxon Mobil Corporation, Royal Dutch Shell & Total - Research and Markets

Research and Markets has announced the addition of the "Global Industrial Gear Oil Market 2017-2021" report to their offering.

The global industrial gear oil market to grow at a CAGR of 2.89% during the period 2017-2021.

The report, Global Industrial Gear Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Lubricants play a vital role in sectors such as automotive, aviation, manufacturing, and marine. These are used in both new and old machines and equipment to reduce friction, which increases with time due to wear and tear of surfaces. Lubricants for industrial gear oil applications are used to minimize wear and tear in gearbox by reducing binding and friction. In some extreme cases, these may also prevent or reduce electrical resistivity, while increasing thermal conduction.

Key vendors

  • BP
  • Chevron Corporation
  • Exxon Mobil Corporation
  • Royal Dutch Shell
  • Total

Other prominent vendors

  • Apar Industries
  • CITGO Petroleum
  • Columbia Petro Chem
  • FUCHS
  • Gazprom
  • Idemitsu Kosan
  • LIQUI MOLY
  • The Lubrizol Corporation
  • LUKOIL
  • Pertamina
  • Petrobras
  • PetroChina
  • Sinopec
  • SK Lubricants

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Geographical segmentation

PART 07: Market segmentation by product

PART 08: Decision framework

PART 09: Drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

PART 12: Key vendor analysis

For more information about this report visit http://www.researchandmarkets.com/research/xmdrn9/global_industrial