Biolubricants Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2014 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

BioLubricants Market Analysis, Market Size, Application

Analysis, Regional Outlook, Competitive Strategies And

Forecasts, 2014 To 2020

Global bio-lubricants market is expected to grow over the forecast period owing to penetrating

applications in automotive oils, process oils, hydraulic oils, de-molding oils, and chainsaw oils.

Automotive oils finds application in automotive industry. Growing automotive industry is likely to propel

the automotive oils market which in turn expected to drive the bio-based lubricant market over the

forecast period.

Hydraulic oils are used in heavy earth moving equipment including forklifts and excavators. Growing

hydraulic oils demand on account of increasing unearthing activity is expected to drive the market over

the foreseeable period. Hydraulic oils also find application in aircraft system to help it to perform

various functions easily. Increasing use of aircraft is further likely to fuel in market growth over the next

six years. Process oils are used in various industries including chemicals and technical. Rising process oils

demand in chemical industry is projected to drive the global bio-based lubricants market in near future.

Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/biolubricantsindustry/

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Bio-based lubricants posse’s properties including low maintenance, biodegradable, reduced emission,

constant viscosity, reduce pollution, and high flash point. Due to its wide range of properties, bio-based

lubricants also find application in compressor oils, industrial oils, and turbine oils. Industrial oil is used in

industries including aerospace, automotive, and energy. Growing need of industrial oil in major end-use

industries is anticipated to have positive impact on global bio-lubricants market over the forecast

period. Rising environmental concern coupled with...