Bio-Lubricants Market Size, Trends and Global Forecast To 2032
The Bio-Lubricants Global Market Report 2023, provides comprehensive information on the bio-lubricants market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Bio-Lubricants Market’s Growth:
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As per The Business Research Company’s Bio-Lubricants Global Market Report 2023, the global bio-lubricants market size grew from $2.74 billion in 2022 to $2.92 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The bio-lubricants market size is expected to grow to $3.63 billion in 2027 at a CAGR of 5.5%.
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The bio-lubricants market is segmented:
By Base Oil:
Vegetable Oil
Animal Fat
Other Base Oils
By Application:
Hydraulic Oil
Metalworking Fluids
Chainsaw Oil
Mold release agents
Two-cycle engine Oils
Gear Oils
Greases
Other Applications
By End-User:
Industrial
Commercial Transport
Consumer Automobile
Other End Users
North America was the largest region in the bio-lubricants market in 2022.
Top Major Companies
Binol Biolubricants
British Petroleum
Cargill Corporation
Chevron Corporation
Royal Dutch Shell PLC.
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The table of contents in TBRC’s bio-lubricants market report includes:
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Bio-Lubricants Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Table 4: Global Bio-Lubricants Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Table 5: Global Bio-Lubricants Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
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Table 46: Binol Biolubricants Financial Performance
Table 47: British Petroleum Financial Performance
Table 48: Cargill Corporation Financial Performance
Table 49: Chevron Corporation Financial Performance
Table 50: Royal Dutch Shell PLC. Financial Performance
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