Biolubricants Market Trends, Growth Analysis and Forecasts 2014 to 2021
The new research report on Biolubricants Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 to 2021.
Biolubricants are natural lubricating chemicals extracted from animal fat, sunflower, soybean and rapeseed. Derived from natural sources, these lubricants are non-toxic and biodegradable in nature. However, they can also be made from biodegradable synthetic materials. The BioPreferred Program managed by USDA (U.S. Department of Agriculture) and The Vessel General Permit regulated by US EPA have been a major support behind the growth of the biolubricants market in North America.
View More About this Report : http://www.decisiondatabases.com/ip/322-biolubricants-market-report
The eco-friendly nature of biolubricants has majorly promoted the growth of the global biolubricants market. However, high cost of the biolubricants as compared to the mineral oil lubricants is a currently restraining the growth of this market. Moreover, there is a need for process optimization to reduce overall cost of the final product.
Download Sample Copy Of this Report : http://www.decisiondatabases.com/contact/download-sample-322
Besides, the consumers in developing countries are also hesitant to switch over from mineral oil lubricants to lubricants due to cost-related reasons. This is limiting down the market of biolubricants to developed countries only. In spite of all this, process optimization and support from various government bodies can greatly improve the growth of this market.
Major player assessed in the report is :
Europe leads the global biolubricants market followed by North America. In Europe, Germany lead the biolubricants market. The key players in the global biolubricants market include United Bio Lube, Royal Dutch Shell plc, Albemarle Corporation, Exxon Mobil Corp, Rowe Mineralo Werk GmbH, BP plc, Total SA, Binol Biolubricants, Emery Oleochemicals, RSC Bio Solutions LLC, Fuchs Petrolub AG, Chevron Corporation, Kluber Lubrication Munchen Se & Co. KG, Panolin AG, Green Earth Technologies Inc.
Decision Databases is involved in providing research reports and company profiles in the global biolubricants market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market.
SEGMENTATIONS IN REPORT :
1. Biolubricants By Types :
– Vegetable Oil
– Animal Fat
2. Biolubricants By Applications :
– Hydraulic Fluids
– Metalworking Fluids
– Chainsaw Oils
– Mold Release Agents
3. Biolubricants By End Use :
– Commercial Transport
– Consumer Automobile
Buy Now this Report : http://www.decisiondatabases.com/contact/buy-now-322
More Related Reports :
Global Sodium Lactate Market Research Report
The living organisms naturally produce sodium lactate as a by-product of the glycolysis. It is also known as lactic acid sodium salt, which has a mild saline taste. It acts as safe preservative. Sodium lactate has a high water holding capacity as well as buffering properties for food and personal care uses.
View More : http://www.decisiondatabases.com/ip/49-sodium-lactate-market-research-report
Global Bioplastic Market Research Report
Bioplastic is an organic material in which all carbons are derived from renewable resources via biological processes. This material contains both renewable and fossil-fuel-based carbons. The biodegradation of bioplastic may vary widely depending upon the proportion of bio-based ingredients and the conditions (temperature and environment).
View More : http://www.decisiondatabases.com/ip/101-bioplastics-market-report