Oct 15, 2018   SOURCE: BusinessWire

The Oil & Gas Lubricants Market in North America (2018-2023): Increasing Offshore Deepwater Exploration - ResearchAndMarkets.com

The "North America Oil and Gas Lubricants Market - Analysis of Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The shale revolution in the North American region has led to an unparalleled growth of oil & gas production. Technological advancements in drilling and fracking technologies have unlocked vast reserves of gas and oil trapped in shale rock, and redrawn the energy landscape of the region.

The International Energy Agency (IEA) expects a further increase in oil & gas production, with the United States emerging as a net oil exporter by 2027 - the first time since 1953.

The growth of oil production from the unconventional reserves across the region, coupled with factors, such as growing pipeline network, is expected to increase the demand for lubricants usage in the North American oil & gas industry during 2018-2023.

Key Highlights

  • Increasing Offshore Deepwater Exploration - An Excellent Growth Opportunity for the Market
  • Increasing Exploration & Production Activities to Aid Demand for Lubricants in the US

Developments in the Market

  • ExxonMobil to merge Refining and Marketing Divisions in Q1 2018, Forms ExxonMobil Fuels & Lubricants Company.
  • ENOC and Chevron explored long-term collaboration across various aspects of downstream operations, ranging from lubricants marketing to aviation refueling.
  • ExxonMobil became global lubricant supplier for GE's Jenbacher gas engines.

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Porter's Five Force Analysis

6. North America Oil & Gas Lubricants Market, by Geography

7. North America Oil & Gas Lubricants Market, by Application

8. North America Oil & Gas Lubricants Market, by Type

9. North America Oil & Gas Lubricants Market, by Sector

10. North America Oil & Gas Lubricants Market, by Equipment

10. Key Company Analysis

  • ExxonMobil Corporation
  • Dow Corning Corporation
  • Klber Lubrication Mnchen SE & Co. KG
  • Chevron Corporation
  • Bestolife Corporation
  • Lubrication Engineers Inc.
  • Henkel AG & Co KGaA
  • SKF USA Inc.
  • Chemours Co
  • Jet-Lube LLC
  • PJSC LUKOIL

11. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/t5plj2/the_oil_and_gas?w=4