Envision Report

Published January 4, 2018

India Lubricant Market – Size, Outlook, Trends and Forecasts (2018 – 2024)

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A lubricant is a substance which is used to reduce friction between the surfaces. Lubricants are used for many other purposes like cooking oils and fats in frying pans and also used for industrial applications. Good lubricants possess the various characteristics like high boiling point, low freezing point, high resistance to oxidation, corrosion prevention, high viscosity index, Thermal Stability, Hydraulic stability, and Demulsibility. The market share is expected to reach USD XX billion with a CAGR of 4.65% by 2024.

India LubricantMarketShare:

Among different types of lubricant segments, Engine oil is most widely used, and it contributes the highest share in the market, and the process oil segment is expected to register the highest percentage in the market.

India LubricantMarketSize:

There is the wide range of lubricants such as Engine oil, Gear oil, Process oil, Grease, General Industrial oil and metalworking fluid that is used for different purposes. Since there are various uses of the lubricants, these are predominant in the market. Therefore, the size of the market is bigger in India.


The primary factor that projects the growth of the Indian lubricant market is the growing demand from the automotive industry. The growth of the market is decreasing due to the high cost of synthetic and bio-based lubricants.

India LubricantMarketIndustry Analysis:

The India lubricant market is segmented by Product type which is further classified into engine oil, general industrial oil, transmission and hydraulic oil, gear oil, metalworking fluid, process oil, and grease.

India LubricantMarketOutlook:

Due to the growing demand for the automotive industry, rapid industrialisation and shifting of the production hubs to India are the factors that give the dominant outlook of the market.

India LubricantMarketTrends:

The latest products that were introduced by the BECHEM are metalworking fluid that further consists of metal cutting and forming a liquid. Apar Industries Ltd manufactures high-performance transformer oils in India.

India Lubricant Market Research Report Includes:

  • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have complete market analysis through industry value chain analysisPorter’s fivePESTLESWOTanalysis, and Y-o-Y analysis.
  • Regional and global diversity is analysed with the major countries and the unions.
  • Scrutinizing the revenue generation on YearOnYear
  • Identifying DROCin the current market and their impact in altering the market dynamics.
  • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
  • Expertise investment opportunities by the analyst to the individual and organisation to have a better foothold in the market.
  • Identify the latest developments, market shares and strategies that are employed by the major market players, such as
  • Apar Industries Ltd
  • Bharat Petroleum Corporation Limited
  • Balmer Lawrie & Co. Ltd
  • Continental Petroleums Limited

Chapter 1 Introduction

1.1 Executive Summary

1.2 Market Definition

1.3 Scope of the Study

Chapter 2 Research Methodology

 2.1 Secondary Research

2.2 Primary Research

2.3 Analytic Tools and Model

2.4 Economic Indicator

    2.4.1 Base Year, Base Currency, Forecasting Period

2.5 Expert Validation

2.6 Study Timeline

Chapter 3 Market Analysis

3.1 Industry Value Chain Analysis

3.2 Porter’s Five Analysis

   3.2.1 Bargaining Power of Buyers

   3.2.2 Bargaining Power of Suppliers

   3.2.3 Threats of Substitutes

   3.2.4 Threats of New Entrants

   3.2.5 Industry Rivalry

3.3 Pestle Analysis

    3.3.1 Political

    3.3.2 Economical

    3.3.3 Social

    3.3.4 Technological

    3.3.5 Legal

    3.3.6 Environmental

3.4 SWOT Analysis

   3.4.1 Strengths

   3.4.2 Weakness

   3.4.3 Opportunities

   3.4.4 Threats

3.5 Y-O-Y Analyses

Chapter 4 Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 opportunities

4.4 constraints

Chapter 5 Market Segmentation Analysis

Chapter 6 Market Segmentation by Product Type

6.1 By Product Type

   6.1.1 Transmission & Hydraulic Fluid

6.1.2 Engine Oil

    6.1.3 General Industrial Oil

    6.1.4 Metalworking Fluid

    6.1.5 Gear Oil

    6.1.6 General Industrial Oil

    6.1.7 Process Oil

    6.1.8 Grease

    6.1.9 Others

Chapter 7 Market Segmentation by End User

7.1 Heavy Equipment

7.2 Food & Beverage

7.3 Power Generation

 7.4 Automotive & Other Transportation

 7.5 Chemical Manufacturing

 7.6 Metallurgy & Metal Working

Chapter 8 Market Segmentation by Geography

8.1 India

Chapter 9 Competitive Landscape

9.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

9.2 Market Share Analysis

9.3 Strategies Adopted By Top Companies

Chapter 10 Company Profiles

10.1 Amsoil Inc.

            10.1.1 Business Overview

            10.1.2 Product portfolio

            10.1.3 Key Strategy

            10.1.4 Recent Developments


10.3 Apar Industries Ltd

10.4 Bharat Petroleum Corporation Limited

10.5 Balmer Lawrie & Co. Ltd

10.6 Continental Petroleums Limited

10.7 GP Petroleums Ltd

10.8 Exxon Mobil Corporation

10.9Hardcastle Petrofer Pvt Ltd


10.11 HPCL

10.12Indian Oil Corporation Ltd

10.13Idemitsu Kosan Co. Ltd

10.14 Panama Petrochem Ltd

10.15Klüber Lubrication

Chapter 11 Market Estimates and Forecast

11.1 Market Estimates and Forecast 2018-2024(USD Million)

     11.1.1 Market Estimation and Forecast by Type 2018-2024 (USD Million)

     11.1.2 Market Estimates and Forecast by Application 2018-2024 (USD Million)

     11.1.3 Market Estimates and Forecast by Geography 2018-2024 (USD Million)

Chapter 12 Market Insights

12.1 Insights of Industry Experts

12.2 Analyst Opinion (Market Understanding)

12.3 Investment Opportunities

Chapter 13 Appendix

13.1 List of Tables

13.2 List of Figures

  • Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
  • Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
  • The Regional and Global Variety is taken care of in the report.
  • Year on Year basis generation of revenue is studied.
  • Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
  • The overview and the sustainability of the market are analyzed through SWOT.
  • DROC is recognized in the current market scenario and see how its effect on market dynamics.
  • The segment-level analysis in terms of type and technology.
  • The value chain analysis, value that's created and captured by a company is the profit margin.Value
  • Created and Captured – Cost of Creating that Value = Margin
  • An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
  • Basis on the depth of the study we approach using analytical tools
  • Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.


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