Description
Poland Industrial Lubricants Market – By Type (Process Oils, Hydraulic Fluids, Gear Lubricants, Compressor Lubricants, Turbine Lubricants, Metalworking Fluids, Industrial Engine Oils, and Others), By End Use (Automotive Manufacturing, Power Generation, Process Industry, Food & Beverages, Mining, Rail, Construction, And Others)-forecast till 2023
Synopsis of Poland Industrial Lubricants Market
Industrial lubricants are the fluids that are utilized to diminish friction between adjacent materials or components. They can be either petroleum-based or water-based. Lubricants are crucial for appropriate functioning of machinery as it reduces wear and tear among different moving parts. It also reduces the interruption of operations, thereby enhancing the overall productivity of the machine. Industrial lubricants exhibit superior characteristics such as corrosion protection, demulsibility, and extended equipment life.
Poland industrial lubricants market is expected to grow substantially over the forecast period owing to factors such as increasing construction output coupled with strong growth of mining industry. Significant increase in demand for manufactured goods coupled with expansion of manufacturing lines has generated rise in industrial lubricants consumption over the last five years. Industrial lubricants find wide application scope in variety of equipment to yield a desirable performance level. They are deployed in diverse end-use industries such as food & beverage processing, industrial machinery, automotive, and mining. However, the selection of lubricants is largely dependent on a variety of factors such as exposure to harsh chemicals and temperature.
Initiatives such as continuously evolving emission standards, improving engine technology, and norms about mitigated carbon footprints that are being adopted in European countries are touted to be among the key driving factors for industrial lubricants over the forecast period. The rising demand for grease in various end-use industries to maintain smooth working of machinery is expected to positively influence the market dynamics for industrial lubricants over the future. Additionally, the lubricants market is also expected to witness growth on account of rising demand from the food & beverage processing industry.
FIGURE 1 POLAND INDUSTRIAL LUBRICANTS MARKET, BY TYPE, 2016 (%)
Source: MRFR Report
Regional Analysis
Initiatives such as continuously evolving emission standards, improving engine technology, and norms about mitigated carbon footprints that are being adopted are touted to be among the key driving factors for industrial lubricants over the forecast period. The rising demand for grease in various end-use industries to maintain smooth working of machinery is expected to positively influence the market dynamics for industrial lubricants over the future. Additionally, the lubricants market is also expected to witness growth on account of rising demand from the processing industry. The growth drivers for manufacturing sector in the country include availability of large pool of skilled labor and technological know-how along with favorable foreign investment norms. Robust growth in niche sectors, for instance, 3D printing and medical devices, is expected to positively support the industrial growth rate in these markets.
Key Findings
Poland Industrial Lubricants Market is projected to reach USD 195.3 million by 2023 with 3.29% CAGR during review period of 2017-2023. Process oils were the largest type segment in the industry, owing to their advantageous characteristics that foster greater operating efficiency & enhanced productivity in manufacturing applications. These oils also ensure low energy consumption, which has fostered their growth in developed, energy-conscious markets such as Poland. Construction was the largest application for industrial lubricants owing to the high demand for non-reactive, sustainable and compatible fluids to handle intricate characteristics of varied applications in a safe & efficient manner.
Segmentation
Poland industrial lubricants market is segmented on the basis of type and end-user. On the basis of type, market is segmented into process oils, hydraulic fluids, gear lubricants, compressor lubricants, turbine lubricants, metalworking fluids, industrial engine oils, and others. By end use, the market is segmented into automotive manufacturing, power generation, process industry, food & beverages, mining, rail, construction, and others.
Key Players
The key players operating in the market include Orlen Oil Sp.z o.o, LOTOS Oil Sp. Z o.o, Lubricant Consult GmbH, Klüber Lubrication Polska Sp. z o.o., Total S.A, Nynas AB, BP Europa SE, FUCHS, ExxonMobil Corporation, and Oemeta Polska Sp. Z o.o among others.
Intended Audience
• Manufacturers of industrial lubricants
• Suppliers and distributors of industrial lubricants
• Refiners and Petrochemical Producers
• Government, associations and industrial bodies
• Investors and Trade experts
• Consulting in chemical experts
DC description
Gear Oil
Food grade lubricant
Hydraulic fluid
Synthetic gear oil
Industrial grease
Industrial lube
Teflon lubricant
Super lube grease
Table of Contents
1 Report Prologue 8
2 Scope of the Report 9
2.1 Market Definition 9
2.2 Scope of The Study 9
2.2.1 Research Objectives 9
2.2.2 Assumptions 10
2.2.3 Limitations 10
2.3 Market Structure 10
3 Research Methodology 11
3.1 Research Process 11
3.2 Primary Research 12
3.3 Secondary Research 12
3.4 Market Size Estimation 12
3.5 Forecast Model 14
4 Market Dynamics 15
4.1 Introduction 15
4.2 Drivers 16
4.2.1 Strong performance of industrial sector 17
4.2.2 Increasing demand from mining industry 18
4.3 Restraints 19
4.3.1 Rising environmental concerns regarding usage, disposal and recycling of lubricants 19
4.4 Opportunities & Trends 20
4.4.1 Demand for uniform zero rate of excise duty in Poland 20
5 Market Factor Analysis 21
5.1 Supply Chain Analysis 21
5.1.1 Raw Material Suppliers 21
5.2 Porter’s Five Force Analysis 22
5.2.1 Threat of New Entrants 23
5.2.2 Threat of Rivalry 23
5.2.3 Threat of Substitute 23
5.2.4 Bargaining Power of Supplier 23
5.2.5 Bargaining Power of Buyer 24
6 Poland Industrial Lubricants Market 25
6.1 Introduction 25
7 Poland Industrial Lubricants Market, By Type 28
7.1 Introduction 28
8 Poland Industrial Lubricants Market, By Application 31
8.1 Introduction 31
9 Competitive Landscape 35
9.1 Introduction 35
9.2 Key Developments of Major Market Players 36
10 Company Profiles 39
10.1 Orlen Oil Sp. z o.o. 39
10.1.1 Overview 39
10.1.2 Product Overview 39
10.1.3 Financial Updates 40
10.1.4 Key Developments 41
10.2 LOTOS Oil Sp. Z o.o. 42
10.2.1 Overview 42
10.2.2 Product Overview 43
10.2.3 Financial updates 43
10.2.4 Key Development 44
10.3 Lubricant Consult GmbH 45
10.3.1 Overview 45
10.3.2 Product Overview 45
10.3.3 Financial updates 46
10.3.4 Key Developments 46
10.4 Klüber Lubrication Polska Sp. z o.o. 47
10.4.1 Overview 47
10.4.2 Product Overview 47
10.4.3 Financial Updates 48
10.4.4 Key developments 48
10.5 Total S.A 49
10.5.1 Overview 49
10.5.2 Product Overview 50
10.5.3 Financial Updates 50
10.5.4 Key developments 50
10.6 Nynas AB 52
10.6.1 Overview 52
10.6.2 Product Overview 52
10.6.3 Financial Updates 53
10.6.4 Key developments 53
10.7 BP EUROPA SE 54
10.7.1 Overview 54
10.7.2 Product Overview 54
10.7.3 Financial Updates 55
10.7.4 Key developments 55
10.8 FUCHS 56
10.8.1 Overview 56
10.8.2 Product Overview 56
10.8.3 Financial Updates 57
10.8.4 Key Developments 57
10.9 Exxon Mobil Corporation 58
10.9.1 Overview 58
10.9.2 Product Overview 58
10.9.3 Financial Updates 60
10.9.4 Key Developments 60
10.10 Oemeta Polska Sp. Z oo 61
10.10.1 Overview 61
10.10.2 Product Overview 61
10.10.3 Financial Updates 62
10.10.4 Key Developments 62
11 Conclusion 63
List of Tables
TABLE 1 POLAND INDUSTRIAL LUBRICANTS MARKET, 2015-2023 (USD MILLION) 26
TABLE 2 POLAND INDUSTRIAL LUBRICANTS MARKET, 2015-2023 (TONS) 27
TABLE 3 POLAND INDUSTRIAL LUBRICANTS MARKET, BY TYPE, 2015-2023 (USD MILLION) 29
TABLE 4 POLAND INDUSTRIAL LUBRICANTS MARKET, BY TYPE, 2015-2023 (TONS) 30
TABLE 5 POLAND INDUSTRIAL LUBRICANTS MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 32
TABLE 6 POLAND INDUSTRIAL LUBRICANTS MARKET, BY APPLICATION, 2015-2023 (TONS) 33
TABLE 7 KEY DEVELOPMENTS 36
TABLE 8 ORLEN OIL SP. Z O.O: SEGMENT OVERVIEW 39
TABLE 9 ORLEN OIL SP. Z O.O: RECENT DEVELOPMENTS 41
TABLE 10 LOTOS OIL SP. Z O.O: SEGMENT OVERVIEW 43
TABLE 11 LOTOS OIL SP. Z O.O: RECENT DEVELOPMENTS 44
TABLE 12 LUBRICANT CONSULT GMBH: SEGMENT OVERVIEW 45
TABLE 13 LUBRICANT CONSULT GMBH: RECENT DEVELOPMENTS 46
TABLE 14 KLÜBER LUBRICATION POLSKA SP. Z O.O: SEGMENT OVERVIEW 47
TABLE 15 KLÜBER LUBRICATION POLSKA SP. Z O.O: RECENT DEVELOPMENTS 48
TABLE 16 TOTAL S.A.: SEGMENT OVERVIEW 50
TABLE 17 TOTAL S.A: RECENT DEVELOPMENTS 50
TABLE 18 NYNAS AB: SEGMENT OVERVIEW 52
TABLE 19 NYNAS AB: RECENT DEVELOPMENTS 53
TABLE 20 BP EUROPA SE: SEGEMENT OVERVIEW 54
TABLE 21 BP EUROPA SE: RECENT DEVELOPMENTS 55
TABLE 22 FUCHS: SEGEMENT OVERVIEW 56
TABLE 23 FUCHS: RECENT DEVELOPMENTS 57
TABLE 24 EXXON MOBIL CORPORATION: SEGEMENT OVERVIEW 58
TABLE 25 EXXON MOBIL CORPORATION: RECENT DEVELOPMENTS 60
TABLE 26 OEMETA POLSKA SP. Z OO: SEGMENT OVERVIEW 61
List of Figures
FIGURE 1 TOP DOWN & BOTTOMUP APPROACH 13
FIGURE 2 FORECAST MODEL 14
FIGURE 3 DRIVERS, RESTRAINTS AND OPPORTUNITIES OF POLAND INDUSTRIAL LUBRICANTS MARKET 16
FIGURE 4 IMPACT ANALYSIS: DRIVERS 16
FIGURE 5 POLAND INDUSTRIAL OUTPUT GROWTH, 2012 – 2017 (%) 18
FIGURE 6 IMPACT ANALYSIS: RESTRAINS 19
FIGURE 7 SUPPLY CHAIN ANALYSIS 21
FIGURE 8 PORTER’S FIVE FORCES ANALYSIS OF POLAND INDUSTRIAL LUBRICANTS MARKET 22
FIGURE 9 POLAND INDUSTRIAL LUBRICANTS MARKET, 2015-2023 (USD MILLION) 25
FIGURE 10 POLAND INDUSTRIAL LUBRICANTS MARKET, 2015-2023 (THOUSAND TONS) 26
FIGURE 11 POLAND INDUSTRIAL LUBRICANTS MARKET, BY TYPE, 2015-2023 (USD MILLION) 28
FIGURE 12 POLAND INDUSTRIAL LUBRICANTS MARKET, BY TYPE, 2015-2023 (TONS) 29
FIGURE 13 POLAND INDUSTRIAL LUBRICANTS MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 31
FIGURE 14 POLAND INDUSTRIAL LUBRICANTS MARKET, BY END USE, 2015-2023 (TONS) 33
FIGURE 15 ORLEN OIL SP. Z O.O: RECENT FINANCIAL 40
FIGURE 16 LOTOS OIL SP. Z O.O: RECENT FINANCIAL 43
FIGURE 17 TOTAL S.A: RECENT FINANCIALS 50
FIGURE 18 NYNAS AB: RECENT FINANCIALS 53
FIGURE 19 BP EUROPA SE: RECENT FINANCIAL 55
FIGURE 20 FUCHS: RECENT FINANCIAL 57
FIGURE 21 EXXON MOBIL CORPORATION: RECENT FINANCIAL 60
