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    Aviation Lubricant Market

    Aviation Lubricant Market
    Report code - SRAD247 Delivery - 2 Weeks

    Aviation Lubricant Market Size, Share, Trend, Forecast, & See more...

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    Aviation Lubricant Market Insights 

    Aviation lubricant market is likely to witness an impressive CAGR of 7.2% during the forecast period. This unprecedented growth is owing to the rising aircraft orders driven by the snowballing passenger traffic globally. Escalating attention on improved efficiency of aircraft systems is also driving the growth of the global aviation lubricant market.

    Aviation Lubricant Market - Snapshot

    Growth

    7.2% for the next five years

    Major Type

    Engine oil

    Major Aviation Type

    Military

    Dominant Technology Type

    Synthetic

    Dominant End-User Type

    MRO

    Leading Application Type

    Engine

    Region with the highest demand

    North America

    Key Players

    BP plc, Candan Industries, Eastman Chemical Company, Exxon Mobil Corporation, Lanxess Aktiengesellschaft, The PJSC Lukoil Oil Company, The Phillips 66 Company, The Chemours Company, Royal Dutch Shell, and Nye Lubricants Inc.

     

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    Aviation Lubricant Market Share: By Type

    Based on the type, the market is segmented as hydraulic fluid, engine oil, grease, and special lubricants and additives. The engine oil segment is estimated to register the highest growth in the coming five years. The growth of this segment is owing to the progression of advanced aircraft engines and the rise in the commercial aircraft fleets.

    Aviation Lubricant Market Share: By Aviation Type

    Based on the aviation type, the market is segmented as commercial aviation, military aviation, and business and general aviation. The military aviation segment is expected to witness the highest growth during the forecast period. The growth of this segment is fueled by the rising number of aircraft orders for military aviation across the globe.

    Aviation Lubricant Market Share: By Technology Type

    Based on the technology type, the market is segmented as mineral-based and synthetic. The synthetic segment is expected to register a higher growth during the forecast period. This growth can be ascribed to the growing demand for advanced lubricants to improve the performance of an aircraft.

    Aviation Lubricant Market Share: By End-User Type

    Based on the end-user type, the market is segmented as OEM and MRO. The MRO segment was estimated to remain dominant in 2018. The growth of this segment is owing to the rise in the aircraft fleet of the emerging economies in the commercial and military aviation sectors, during the forecast period.

    Aviation Lubricant Market Share: By Application Type

    Based on the application type, the market is segmented as hydraulic systems, engine, landing gears, airframe, and others. The engine segment was estimated to impose the aviation lubricant market in 2018. The growth of this segment was attributed to the increase in the use of specialized and advanced lubricants.

    Aviation Lubricant Market Share: By Region

    In terms of regions, North America was estimated to remain dominant in the global aviation lubricant market in 2018. Giant commercial and military aircraft manufacturers, such as Boeing (US) and Lockheed Martin (US) are based in North America. Also, the region holds the largest aircraft fleet in the world, and thus, creates a huge demand for aviation lubricant products. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Some of the major players in the aviation lubricant market are BP plc, Candan Industries, Eastman Chemical Company, Exxon Mobil Corporation, Lanxess Aktiengesellschaft, The PJSC Lukoil Oil Company, The Phillips 66 Company, The Chemours Company, Royal Dutch Shell, and Nye Lubricants, Inc.

     

    Market Scope & Segmentation

    Aviation Lubricant is lubricant used under different temperatures for various applications such as gears, engine cylinder walls, sockets, push rods, camshaft, and similar others in the aircraft. The function of the lubricant here is to provide cooling and cleanliness to the engine along with corrosion inhibition.

    Aviation Lubricant can be of mineral-based or synthetic. Hydraulic fluid, grease, engine oil, and special lubricants are some of the lubricant types used. Some of the important application areas where the aviation lubricants are being used are hydraulic systems, landing gear, engine, airframe, and others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Aviation Lubricant Market Research Report - Features

    Market Segmentation

    6

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

            

    The aviation lubricant market is segmented into the following categories. 

    Aviation Lubricant Market Size, Share, & Forecast, by Type:

    • Hydraulic Fluid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Engine Oil (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Grease (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Special Lubricants and Additives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aviation Lubricant Market Size, Share, & Forecast, by Aviation Type:

    • Commercial Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Military Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Business and General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aviation Lubricant Market Size, Share, & Forecast, by Technology Type:

    • Mineral-Based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Synthetic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aviation Lubricant Market Size, Share, & Forecast, by End-User Type:

    • OEM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • MRO (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aviation Lubricant Market Size, Share, & Forecast, by Application Type:

    • Hydraulic Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Landing Gear (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Airframe (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aviation Lubricant Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by end-user type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


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