The Marine Lubricants Global Market Report 2021-31 by The Business Research Company describes and explains the global marine lubricants market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Marine Lubricants Global Market Report 2022 covers marine lubricants market drivers, marine lubricants market trends, marine lubricants market segments, marine lubricants market growth rate, marine lubricants market major players, and marine lubricants market size.

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The marine lubricants market report provides in-depth analysis of the impact of COVID-19 on the global marine lubricants industry along with revised market numbers due to the effects of the coronavirus and the expected marine lubricants market growth numbers for 2022-2031.

The global marine lubricants market size is expected to grow from $6.96 billion in 2021 to $7.24 billion in 2022 at a compound annual growth rate (CAGR) of 4.00%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The marine lubricant market share is expected to reach $8.67 billion in 2026 at a CAGR of 4.62%.

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Marine Lubricants Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

TBRC’s report covers the marine lubricants market segments-
1) By Product Type: Engine Oil, Hydraulic Oil, Turbine Oil, Gear Oil, Greases, Others
2) By Oil Type: Mineral Oil (Paraffinic Oil, Naphthenic Oil, Aromatic Oil), Synthetic Oil (PAO, PAG, Esters), Bio-Based (Plant Source, Animal Fats), Grease (Metallic Soap Thickener, Non-Soap Thickener, Inorganic Thickener)
3) By Ship Type: Bulk Carriers (Handy size, Handymax, Panamax, Capsize), Tankers (Panamax, Aframax, Suezmax, Very Large Crude Carrier (VLCC), Ultra Large Crude Carrier (ULCC)), Container Ships, Others (Reefers, Drill Ships, Passenger Ships, Roll On Roll Off Ships, Service Ships)

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