Turbine Oil is a high quality mineral oil with has an excellent capacity of water separation. It is mainly used in Power plants, gas turbine lubrication, excavators and forklifts due to properties like high corrosion and oxidation inhibition and foam suppression. The global turbine oil market is expected to grow to over 12% before the end of this decade.
From a global perspective, total turbine oils demand is expected to be about 4.8 million metric tons, or about 13 million gallons. The growth is expected to be about 2.5% per year through 2014. The turbine oils market is fairly consolidated with top four participants accounting for 67% of the market in 2014.
Key market participants include:
- Total S.A,
- Exxon Mobil,
- Chevron among others.
The highest volume among the products is Mineral Oils which accounted for a share of 96.8% in the years 2011-2018 and is expected to be the lead in the years 2014-2020 as well.
Almost every lubricant has started off as just a base oil. They are usually categorized into groups. Group I to III are refined from petroleum crude oil, group IV base oils are fully synthetic oils. Group V is for all the other base oils not included in Groups I-IV. Global turbine oils encompass a large group of emollients that serve a lot of industrial and residential purposes. They are classified to various other segments, each type has unique property, specifications, requirements and is intended for a special use.
1. Global Turbine Oil Market Overview
2. Turbine Oil Market Executive Summary
3. Global Turbine Oil Market Landscape
3.1. Turbine Oil Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End user profiling
3.2.3. Top 5 Financials Analysis
4. Turbine Oil Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness of Global Turbine Oil Market
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Turbine oils Market – Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
6. Turbine oils Market – By Type
6.1. Mineral Lubricants
6.1.1. Paraffinic oils
6.1.2. Naphthenic oils
6.1.3. Aromatic oils
6.2. Synthetic Lubricants
6.2.1 Engine oils
6.2.2. Motor oils
6.3. Bio-Based Lubricants
6.3.1. Automotive oils
6.3.2. Hydraulic oils
6.3.3. Process oils
6.3.4. Crankcase oils
6.3.5. Metal working oils
7. Turbine oils Market – By Application
7.1. Marine Engines
7.2. Stern tubes
7.4. Air Compressors & vacuum pumps
7.5. Gear applications
7.6. Hydraulic systems
7.7. Refrigeration systems
7.8. Grease applications
7.9. Automotive Manufacturing
7.10. Power generation
7.11. Fire resistant’s
8. Turbine oils Market – By Geography
8.1.1. North America
8.1.2. United States
9. Turbine Oil Market Entropy
9.1. New Product Launches
9.2. M&As, Collaborations, JVs and Partnerships
10. Investment Opportunities – Analysis by Target companies/customers, Capital Investments, ROI, Payback Period and Source of Funds.
11. Turbine Oil Market Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
11.2. Chongqing Zhongneng Oil purifier Manufacture Co.
11.3. Cargill Incorporated
11.4. Lubrication Engineers, Inc.
11.5. ConocoPhillips Company
11.6. The TR3 Co., Inc.
11.7. British Petroleum Plc
11.8. Binol Biolubricants
11.9. Moore & Balliew Oil Co., Inc.
11.10. InterOil Corporation
11.11. Miller Industrial Fluids, LLC
11.13. Hindustan Petroleum Corporation Limited
11.14. Purified Lubricants, Inc.
11.15. Hightowers Petroleum Co.
11.16. OAO Lukoil
11.17. Fuchs Lubricants Co.
11.18. Royal Dutch Shell Plc
11.19. Lubricating Specialties Company
11.20. Lubrizol Corporation
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
12.3. Research Methodology
12.5. Compilation of Expert Insights