Jan 31, 2018   SOURCE: BusinessWire

Global Marine Grease Market 2018-2022 with BP, Chevron, Exxon Mobil, Gulf Oil Marine, Royal Dutch Shell & Total Dominating - ResearchAndMarkets.com

The "Global Marine Grease Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global marine grease market to grow at a CAGR of 4.53% during the period 2018-2022.

Global Marine Grease Market 2018-2022, 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. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

One trend in the market is regulations on emission levels. The maritime transport industry is the biggest end-user of marine grease. There has been a sharp decline in shipping operations, and the environmental regulations regarding international maritime have become more stringent. The International Maritime Organization (IMO) introduced the Energy Efficiency Design Index (EEDI) in 2011 for all the new ships that have been contracted from 2013.

According to the report, one driver in the market is growth of the shipbuilding industry. The shipbuilding industry is the key consumer of the global marine grease market. The growth of the shipbuilding business was very low till 2010, following which it exhibited rapid growth primarily because of the growth of the global foreign direct investment (FDI) flows, seaborne trade, and expansion of businesses of multinational companies. The production of new ships and increase in the repair and maintenance of old ships will act as a driving factor for the global marine grease market.

Key vendors

  • BP
  • Chevron
  • Exxon Mobil
  • Gulf Oil Marine
  • Royal Dutch Shell
  • Total

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation By End-User

Part 08: Customer Landscape

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/qbbb3q/global_marine?w=4