Fluoropolymers Market Analysis, Future Opportunity, Key Manufacturers, Geographical Regions and Industry Forecast to 2028

 The global fluoropolymers market size was USD 6.95 billion in 2020. The market is projected to grow from USD 7.23 billion in 2021 to USD 10.31 billion in 2028 at a CAGR of 5.2% during the 2021-2028 period.

Fortune Business Insights™ provides this information in its report, titled, “Fluoropolymers Market, 2021-2028.”

According to our researchers, surging applications in construction, medical, electrical & electronics industries, automobiles, and chemical industries due to its elevated chemical and electrical resistance, non-stick, non-toxic, and outstanding ductile forte characteristics are expected to fuel the global fluoropolymers market growth.

COVID-19 Pandemic: Market Set to Witness Growth Stoked by Medical Device Necessity

The industry was affected owing to the COVID-19 outbreak, a few of the major players in the chemical industry were compelled to adjourn their production. Nevertheless, the industry perceives prompt growth during the outbreak as medical device producers are manufacturing more products at a speedier pace.

Moreover, lubricity, the dielectric, and biocompatibility characteristics of the polymer are required to manufacture Personal Protection Equipment (PPE).

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Report Coverage

The report presents a systematic study of the market segments and a thorough analysis of the market overview. It offers a thoughtful evaluation of the current market trends and future opportunities. Moreover, it presents an exhaustive analysis of the regional insights and how they help form market growth. The COVID-19 impacts have been discussed in the report to assist investors and business owners in better understanding the possible threats present in the market. The report discusses the key players and their prominent strategies to stay in the dominating position.

Segmentation

On the basis of product, the global market is segregated into polytetrafluoroethylene (PTFE), polyvinylidene fluoride (PVDF), fluorinated ethylene propylene (FEP), polyvinylfluoride (PVF), and others.

Based on application, the market is branched into coatings, films, additives, and others.

In terms of end-use, the market is categorized into industrial equipment, automotive, construction, electrical & electronics, and others. Industrial equipment is likely to account for the majority share during the forecast period.

Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Drivers and Restraints

Rising Automobile Industry to Create Novel Market Prospects

The upsurge in disposable income, increasing R&D spending for the automobile sector, growing traffic jamming, and stringent government norms concerning plummeting carbon releases are the vital influences fueling the demand for fluoropolymers from the automotive industry.

Moreover, the polymer extends the lifespan of the components for emission regulation, security, and performance in the automotive sector.

They deliver operative safety and sturdiness against hostile fluids and fuels, vibrations, heat, compression, as well as humidity. Polymer coatings assist in evading corrosion and friction on vehicle parts, therefore prolonging the life. They are significant in car constituents such as gears and ball bearings, projected to endure wear and tear.

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Regional Insights

Asia Pacific held the maximum fluoropolymers market shares, and the growth of this region is accredited to the surging demand from pharmaceutical, electrical industries, and construction sectors in this region.

North America is estimated to observe substantial growth due to rising demand from the electrical & electronics, and aerospace industries. As producers and designers endure to invent electronic devices, the demand for these products is rewarding.

Europe is predicted to perceive considerable growth during the forecast period. The region is accredited with rising demand from the automotive industry. Europe is among the world's dominating producers of motor automobiles and signifies the largest private stakeholder in R&D.

Competitive Landscape

Novel Acquisitions by Chief Players to Spur Market Growth

Key players in the market are always scheming tactics to inflate their business effectively and uphold their prominent position in the market. One such approach is to launch products for augmented reach among end-users.

With every passing day, numerous key players form collaborative partnerships with companies from various domains to extend their businesses and create advanced products for their consumers.

Industry Development

• February 2021: Arkema is scheduled to inflate its fluoropolymer production capabilities in the Changshu site situated in China by around 35% by 2022. This novel investment is probable to enhance the demand of Li-ion battery business and develop prospects in the semiconductor, construction coatings, and water filtration industries.

List of Key Players Covered in this Market Report

• The Chemours Company (Delaware, U.S.)
• INOFLON (Noida, India)
• DAIKIN INDUSTRIES (Osaka, Japan)
• Solvay SA (Brussels, Belgium)
• Arkema SA (Colombes, France)
• NexGen Fluoropolymers Pvt. Ltd. (Delhi, India)
• 3M (Minnesota, U.S.)
• Shandong Dongyue Polymer Material Co, Ltd. (China)
• Saint-Gobain (Courbevoie, France)
• KUREHA CORPORATION (Japan)
• HaloPolymer (Moscow, Russia)
• AGC Chemicals (Tokyo, Japan)
• Honeywell International, Inc. (North Carolina, U.S.)

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Soy Chemicals Market Analysis By Key Players, Share, Revenue, Trends, Size, Growth, Opportunities, and Regional Forecast To 2029

 The soy chemicals market is likely to gain impetus from the increasing awareness programs regarding the availability of bio-based products because of the rising environmental and health concerns. Also, depletion of petroleum reserves is upsurging the opportunities for soy-based chemicals that are to be used in new processes and products. This information is given by Fortune Business Insights™

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Highlights of This Report-

• Comprehensive coverage of the soy chemicals market trends, opportunities, and challenges.
• A holistic and deep understanding of the market
• Competitive landscape consisting of investments, mergers and acquisitions, collaborations, partnerships, joint ventures, novel product launches, agreements, and contracts.
• SWOT analysis and an array of graphics of major industry segments
• Impact analysis and a well-defined technological growth map
• Data about the growth drivers and hindrances.

Drivers & Restraints-

Increasing Demand for Renewable Energy to Fuel Growth

Higher demand for renewable fuel sources is one of the major factors that is likely to drive the soy chemicals market growth during the forecast period. Biodiesel based on soybean can be easily used in diesel engines with little or no changes. Unlike petroleum diesel, biodiesel has low emission of carbon and is considered to be a crucial renewable source of energy. However, in the developing nations, people largely depend on petroleum-based chemicals. Apart from that, various technologies based on petroleum-based chemicals and fuels have been developed in many regions. In the emerging nations, the masses would not be able to efficiently shift towards bio-based chemicals from petroleum-based chemicals as it is an expensive process. These factors may hamper the market growth.

Regional Analysis-

Extensive Usage in Cosmetics & Food & Beverages Industries to Favor Growth in Asia Pacific

Geographically, the market is categorized into the Middle East and Africa, Latin America, Europe, Asia Pacific, and North America. Out of these, in Asia Pacific, the rising demand for soy chemicals for applications in the cosmetics and food and beverage industries is set to propel the market. North America would experience considerable growth by generating comparatively higher soy chemicals market revenue. This growth is attributable to the increasing utilization of soy-based chemicals in a wide range of industries.

Europe, on the other hand, is projected to exhibit significant growth stoked by the implementation of stringent government rules and directives for minimizing the usage of fossil fuel and controlling emission in the atmosphere. In the Middle East & Africa and Latin America, the market would grow gradually backed by the increasing demand from the pharmaceutical and healthcare sectors. In medicines, soy-based isoflavones are extensive used for treating hypertension, heart diseases, and cholesterol.

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Competitive Landscape-

Key Companies Focus on Launching Cutting-edge Products to Upsurge Sales

The market houses many small, medium, and big companies that are currently conducting various research and development activities to launch eco-friendly products for their consumers. It is also helping them in gaining more soy chemicals market share. Below are a couple of the latest industry developments:

• November 2019: HP, a multinational information technology company headquartered in the U.S., announced its plan to invest approximately USD 200 million in the next five years to create new water-based ink technologies. It would soon introduce soy- and vegetable-based inks to lower the impact from the production process to end use. Such inks are environmentally friendly and sustainable. They will be mainly used for printing on corrugated materials and textiles.
• March 2017: Solbar Plant Extracts (SPE), a wholesale distributor of groceries and related products based in Israel, unveiled its wide range of soy extracts. These are best suited for the usage in cosmeceutical skin care products. The new extract is called Solgen C and it consists of 98% water soluble. It is mainly aimed at cosmetic manufacturers to use it as an ingredient in oil-based products, such as sunscreen, skin care products, and face creams.

Fortune Business Insights™ presents a list of all the companies operating in the soy chemicals market. They are as follows:

• Chimista Specialty Chemical LLC
• Soy Technologies LLC
• Vertec BioSolvents
• Cargill
• Archer Daniels Midland
• LANXESS
• Acme Synthetic Chemicals
• Elevance Renewable Sciences
• AG Processing Inc.
• Other key market players

 

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Aroma Chemicals Market Share, Size, Expected Growth Opportunities and Forecast by 2027 | Know the Russia Ukraine Impact On Aroma Chemicals Industry in US

The global aroma chemicals market size is projected to reach USD 6,968.3 million by 2028. As the demand for natural ingredients is increasing, various manufacturers are trying to create novel technologies to prevent environmental damage or pollution. For instance, Privi Speciality Chemicals Limited utilizes agrochemicals from by-products and high-value aroma chemicals from Crude Sulphate Turpentine (CST) to improve eco-friendly operations and reduce emissions. Fortune Business Insights™ published this information in a new study, titled, “Aroma Chemicals Market, 2021-2028.” As per the study, the market stood at USD 4,976.0 million in 2020. It is set to exhibit a CAGR of 4.5% during the forecast period between 2021 to 2028.

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Russia-Ukraine War Implication

US Renewable Chemicals Market exhibit a CAGR of 11.5% during the forecast period

 In a recently published report by Fortune Business Insights™, titled, "US Renewable Chemicals Market Report 2022", the analysts have provided an in-depth overview of the US Renewable Chemicals Market. The report is an all-inclusive research study of the US Renewable Chemicals Market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. Market analysts and researchers have done extensive analysis of the market with the help of research methodologies such as PESTLE and Porter's Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim to help the players gain insight into the overall present and future market scenario.

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The global US Renewable Chemicals Market size is predicted to reach USD 252.55 billion by 2028 and exhibit a CAGR of 11.5% during the forecast period. Fortune Business InsightsTM has presented this information in its report titled “US Renewable Chemicals Market, 2021-2028”. Furthermore, due to increased greenhouse gas emissions and the depletion of fossil resources, the usage of renewable chemicals and polymers has exploded in many end-user sectors. Additionally, the government's increased promotional actions for eco-friendly and bio-based creations will aid the market's long-term development.

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the market. The study assesses the market size of the industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

Key Players in the US Renewable Chemicals Market Report:

Companies covered in the US Renewable Chemicals Market are Trucent (U.S.), BRASKEM (Brazil), Archer-Daniels-Midland Company (ADM) (U.S.), Amyris Inc. (U.S.), BASF SE (Germany), Bioamber Inc (Canada), BiomethanolChemie Nederland B.V (Netherlands), Cargill Inc (U.S.), DSM, E. I (Netherland), Mitsubishi Chemical Corporation (US) and more players profiled.

Most Important Features in this Report:

1. Detailed market study of the Renewable Chemicals market
2. Changing industry competitive landscape
3. Detailed competitive categorization
4. Historical, current, and forecast market size in quantity and value
5. Recent industry trends and developments
6. The Renewable Chemicals Market’s Competitive Landscape Key Players’ Strategies and Product Portfolio
7. Segments/Regions Showing Promising Growth a Neutral Perspective on the Performance

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Regional Segmentation of the Renewable Chemicals Market:

The Renewable Chemicals research examines the market size, sales, segmentation, and a complete examination of geographies, with a focus on the industry’s top suppliers. Similarly, the study employs a cutting-edge research technique to provide data on market trends in a number of key sectors of the industry. The research study also examines the market size and volume at the global and local levels. Following is the Regional Segmentation:

» North America
» Europe
» China
» Asia-Pacific
» US

The report studies the US Renewable Chemicals Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Marketing Statistics:

The Global US Renewable Chemicals Market Report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising, advisors, and industry decision-making processes in the Market. This report provides essential data from the industries to guide new entrants in the global Market.

Market Dynamics:

The report shows details related to the most dominant players in the global US Renewable Chemicals Market, along with contact details, sales, and accurate figures for the worldwide market. Various data and detailed analyses collected from various trusted institutions of the global market are presented in the Research Report.

Table of Content – Analysis of Key Points Analysis:

Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Global Market Dynamics
Chapter 4. Global Renewable Chemicals Market Industry Analysis
Chapter 5. Market by Type
Chapter 6. Market by Application
Chapter 7. Market Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Key Companies Analysis
Chapter 10. Research Process

Continued…

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Triphenyl Phosphine Market Growth & Forecast Report by 2029 | Technological Advancements to Strengthen Key Players’ Industry Stance

 The global triphenyl phosphine market size is expected to gain momentum owing to the rising product demand for a wide variety of industrial applications during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled; “Triphenyl Phosphine Market, 2022-2029. The solubility of the product in water, toluene, xylene, carbon, acetone, tetrachloride, ethers, petroleum ether, and alcohol are likely to expand the product demand in medicine, industrial, agricultural, and food industries. The tremendously excellent advantage offered by triphenyl phosphine such as heat stabilization, light stabilization, anti-oxidation, flame retardation, and anti static properties surges its utility in wide number of applications such as pharmaceutical, petrochemical, coating, and analytical reagents are likely to escalate the overall market demand.

COVID-19 impacts:

Supply Chain Upheaval Positively Affecting the Industrial Growth

The health crisis caused by the emergence of COVID-19 had caused negative impacts on companies in the triphenyl phosphine market, unlike other industries. The pandemic had repercussions not only on the interaction between producers and consumers but also on the environment, consequently changing the supply chain. The health crisis arrested passengers’ mobility and limited manufacturing capacity significantly, hence producing a positive impact on the environment.

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Segments:

Based on grade, the triphenyl phosphine market divides into medicine grade triphenyl phosphine, industrial grade triphenyl phosphine, agriculture grade triphenyl phosphine, food grade triphenyl phosphine, and others. By application, the market segregates into pharmaceutical, petrochemical, coating, analytical reagents, and others. Finally, by geography, the market classifies into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

What does the Report Offer?

The market research report for triphenyl phosphine offers integrated information on the key drivers, constraints, and opportunities driving industry growth. The research goes on to generate dominant insights from different market segmentations. Growth drivers, opportunities, challenges, restrictions, and the latest important developments are among them.

Drivers and Restraints:

Wide Usage in Various Industries to Foster the Market

The triphenyl phosphine market growth is likely to broaden, owing to the expanding utilization of the product in a wide range of industrial applications such as vitamin synthesis for the production of pharmaceuticals active ingredients, crop production products, and coatings. In the production of isobutanol and n-butanol, the product comes in usage as a co-catalyst or initiators in several polymerization procedures. Finally, in plastics industry, the product gets used as an oxidation and UV stabilizer propelling the market growth. However, the health impacts caused by the product may hinder the overall market demand.

REGIONAL INSIGHTS:

High Usage of Petrochemicals to Expand the Market in Asia Pacific

Asia Pacific is likely to own the dominant triphenyl phosphine market due to the expanded usage of petrochemicals.

North America is likely to hold the second-largest market. The high utilization of the product in coating applications in countries such as U.S. and Canada are likely to own the market in the region.

Competitive Landscape-

Technological Advancements to Strengthen Key Players’ Industry Stance

The triphenyl phosphine market is highly persuasive in nature. Presence of the dominant market participants, acquisitions, mergers, and partnerships, the industry has moderate to high entry barriers. Improved progressions in the automotive connectors market, increasing product launches, insights on regulatory scenarios, and porters five forces analysis are likely to drive the market.

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Industry Developments-

• November 2021: BASF inaugurated their new Research & Development (R&D) facility at Ansan, Korea’s Engineering Plastic Innovation Center (EPIC). The new expansion facilitates the functioning of the combined R&D team and competencies from their recent adoption of Solvay’s polyamide business and other competitions and Consumer Electronics Competency Center (CECC).

List of Key Players Profiled in the Global Market for Triphenyl Phosphine:

• BASF SE
• Gelest
• PMC Organometallix
• Rhodia Group
• LGC Group
• Changzhou Huadong Chemical Research Institute
• Shanghai Changgen Chemical
• Wuxi Zhengmao Chemical
• Suzhou Jinyuan Fine Chemical
• Shaoxing Huawei Chemical
• Nanjing Suru Chemical
• Guizhou Sino-Phos Chemical

US Oilfield Chemicals Market rise from USD 18 billion in 2022 to USD 29.27 billion

 In a recently published report by Fortune Business Insights™, titled, "US Oilfield Chemicals Market Report 2022", the analysts have provided an in-depth overview of the US Oilfield Chemicals Market. The report is an all-inclusive research study of the US Oilfield Chemicals Market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. Market analysts and researchers have done extensive analysis of the market with the help of research methodologies such as PESTLE and Porter's Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim to help the players gain insight into the overall present and future market scenario.

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The global US Oilfield Chemicals Market is expected to rise during the forecast period due to rising use of eco-friendly oilfield chemicals to reduce toxicity and benefit the environment. Fortune Business Insights™ publishes this information in a report titled, "US Oilfield Chemicals Market, 2022-2029". As per the report, the US Oilfield Chemicals Market size was USD 16.95 billion in 2021. The market size is expected to rise from USD 18 billion in 2022 to USD 29.27 billion by 2029 at a CAGR of 7.2% during the projected period.

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the market. The study assesses the market size of the industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

Key Players in the US Oilfield Chemicals Market Report:

Companies Covered in US Oilfield Chemicals Market are Halliburton (U.S.), Solvay (Belgium), NALCO (U.K.), BASF SE (Germany), The Lubrizol Corporation (U.S.), Albemarle Corporation (U.S.), Kemira (Finland), Clariant (Switzerland), Dow (U.S.), Stepan Company (U.S.), Croda International Plc (U.K.), Pon Pure Chemicals Group (India) and Other key players.

Most Important Features in this Report:

1. Detailed market study of the Oilfield Chemicals market
2. Changing industry competitive landscape
3. Detailed competitive categorization
4. Historical, current, and forecast market size in quantity and value
5. Recent industry trends and developments
6. The Oilfield Chemicals Market’s Competitive Landscape Key Players’ Strategies and Product Portfolio
7. Segments/Regions Showing Promising Growth a Neutral Perspective on the Performance

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Regional Segmentation of the Oilfield Chemicals Market:

The Oilfield Chemicals research examines the market size, sales, segmentation, and a complete examination of geographies, with a focus on the industry’s top suppliers. Similarly, the study employs a cutting-edge research technique to provide data on market trends in a number of key sectors of the industry. The research study also examines the market size and volume at the global and local levels. Following is the Regional Segmentation:

» North America
» Europe
» China
» Asia-Pacific
» Japan

The report studies the US Oilfield Chemicals Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Marketing Statistics:

The Global US Oilfield Chemicals Market Report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising, advisors, and industry decision-making processes in the Market. This report provides essential data from the industries to guide new entrants in the global Market.

Market Dynamics:

The report shows details related to the most dominant players in the global US Oilfield Chemicals Market, along with contact details, sales, and accurate figures for the worldwide market. Various data and detailed analyses collected from various trusted institutions of the global market are presented in the Research Report.

Table of Content – Analysis of Key Points Analysis:

Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Global Market Dynamics
Chapter 4. Global Oilfield Chemicals Market Industry Analysis
Chapter 5. Market by Type
Chapter 6. Market by Application
Chapter 7. Market Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Key Companies Analysis
Chapter 10. Research Process

Continued…

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Brazil Marine Lubricant Market Analysis, Size, Players, share, Growth, Trend and Forecast to 2027

 The Brazil marine lubricant market size is expected to reach USD 15.01 million by 2027, while exhibiting a CAGR of 1.9% between 2020 and 2027. This is attributable to the growing demand for eco-friendly Brazil marine lubricant products in the forthcoming years. This information is published by Fortune Business Insights, in its latest report, The report mentions that the market stood at USD 14.17 million in 2019 and is likely to gain momentum during the forecast period.

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List of Top Companies Profiled in the Brazil Marine Lubricant Market:

• TOTAL Brasil (Brazil)
• ExxonMobil (U.S.)
• Repsol (Spain)
• Royal Dutch Shell plc (Netherlands)
• UniMarine (Singapore)
• Cockett Group (Singapore)
• Chevron Marine Lubricants (U.S.)
• Idemitsu Kosan Co., Ltd. (Japan)

Marine lubricants are specially adopted in enhancing the functioning of ship components. The Brazil marine lubricant demand is tremendously high owing to the flourishing waterways transportation in the region. These lubricants efficiently work under high or low temperatures to prevent the engine from corrosion and abrasion.

What does the Report Include?

The Brazil marine lubricant market report includes a detailed assessment of various growth drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides comprehensive research into the regional developments of the market, affecting its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnerships, mergers and acquisitions, and collaborations adopted by the companies to maintain market stronghold between 2020 and 2027. 

DRIVING FACTORS

Increasing Demand for Eco-Friendly Lubricants to Augment Growth

The stringent government regulations to produce low-sulfur content fuels had led the manufacturers to produce eco-friendly Brazil marine lubricant products. The bio-based lubricants are derived from polyalkylene glycols, animal fats, synthetic esters, and vegetable oils. Additionally, they offer excellent thermal stability and better performance leading to reduced operational costs, along with improved fuel efficiency. Owing to their superior abilities, the growing demand for eco-friendly lubricant is likely to favor the Brazil marine lubricant market growth during the forecast period.

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SEGMENTATION

Marine Cylinder Oil Segment Held the Highest Market Share in 2019

The marine cylinder oil segment, based on product, held the market for Brazil marine lubricant share in terms of revenue in 2019 and is expected to showcase an exponential growth during the forecast period. This is ascribable to factors such as the increasing adoption of this type of oil to protect against corrosion and abrasion.

COMPETITIVE LANDSCAPE

Eminent Companies Focus on Product Launches to Strengthen Their Market Positions

The Brazil marine lubricant market is consolidated by the presence of prominent companies that are focusing on launching advanced Brazil marine lubricant products to strengthen their positions. Other key players are adopting strategies such as partnership, merger and acquisition, and collaboration to gain a competitive edge over their rivals in the fiercely competitive marketplace.

Industry Development:

April 2019 – SHELL MARINE announced the launch of Shell Alexia 40, new two-stroke engine cylinder oil that complies to the IMO 2020 regulations. According to the company, the engine has a low 0.5% content of sulfur and aids in optimizing the engine components performance.

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