India industrial lubricant market stood at $ 1.28 billion in 2017 and is projected to grow to $ 1.67 billion by 2023, on the back of strong growth in construction & mining sectors across the country. Increasing demand for advanced lubricants, in addition to government initiatives towards infrastructure development and growing focus of manufacturers on expanding their production capacities, is expected to fuel the country’s industrial lubricant market. In the financial budget for FY19, the government of India announced an investment of USD61 billion to upgrade infrastructure facilities across the country. Moreover, the government is planning to develop new seaports and airports. All these aforementioned factors are anticipated to positively influence the industrial lubricant market in India during forecast period.   

Years Considered for this Report:            

Historical Years: 2013 – 2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019 – 2023

Objective of the Study:

  • The primary objective of the study was to evaluate and forecast India industrial lubricant market. 
  • To categorize India industrial lubricant market based on lubricant type, application, sales channel, end use and region.
  • To segment and forecast India industrial lubricant market in terms of lubricant type (Metal Working Fluid, Industrial Engine Oil, Hydraulic Oil, Grease, Gear Oil, Compressor Oil, Bearing Oil and Others).
  • To segment and forecast India industrial lubricant market in terms of application (Machining, Hydraulics, Gear, Bearing, Air Compressor and Others).
  • To segment and forecast India industrial lubricant market in terms of sales channel (Direct, Distributors, and Traders & Retailers).
  • To segment and forecast India industrial lubricant market in terms of end use (Construction & Mining, Automotive & Auto Component, Machine Tools & Machinery, Power and Oil & Gas, Iron & Steel, Marine & Shipping, Chemical and Others).
  • To segment and forecast India industrial lubricant market in terms of region (North, South, East and West).
  • To understand major policies and regulations which can positively or negatively impact India industrial lubricant market.
  • To identify major drivers, challenges and trends in India industrial lubricant market.
  • To identify major suppliers and distributors of industrial lubricant in Indian market.
  • To perform pricing analysis of industrial lubricant in India.
  • To identify and profile major companies operating in India industrial lubricant market. 


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Some of the major players operating in India industrial lubricant market are Hindustan Petroleum Corporation Limited, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Shell India Markets Private Limited, Gulf Petrochem Petroleums Limited, ExxonMobil Lubricants Pvt Ltd, Castrol India Limited, Gulf Oil Lubricants India Limited, Tide Water Oil Co. (India) Ltd, Total Oil India Private Limited, etc.

To extract the data for India industrial lubricant market, primary research surveys were conducted with industrial lubricant manufacturers, suppliers, distributors, dealers and end users. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, TechSci Research analyzed various end user segments and projected a positive outlook for India industrial lubricant market over the coming years.

TechSci Research calculated India industrial lubricant market size using a bottom-up approach, wherein manufacturers’ value sales data for different industrial lubricant types (metal working fluid, industrial engine oil, hydraulic oil, greases, gear oil, compressor oil, bearing oils and others) was recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, company annual reports, industry magazines, industry reports, SIAM, credible paid databases, proprietary database, Ministry of Road Transport & Fertilizers, Ministry of Chemicals & Fertilizers, etc., were also studied by TechSci Research.


Key Target Audience:

  • Industrial lubricant manufacturers, distributors and other stakeholders
  • Major end users of Industrial lubricants
  • Organizations, forums and alliances related to lubricants market
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as industrial lubricant manufacturers, customers and end users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, India industrial lubricant market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Market, by Type:

    • Metal Working Fluid
    • Industrial Engine Oil
    • Hydraulic Oil
    • Grease
    • Gear Oil
    • Compressor Oil
    • Bearing Oil
    • Others

·         Market, by Application:

    • Machining
    • Hydraulics
    • Gear
    • Bearing
    • Air Compressor      
    • Others          

·         Market, by Sales Channel:

    • Direct
    • Distributors
    • Traders & Retailers

·         Market, by End Use:

    • Construction & Mining
    • Automotive & Auto Component
    • Machine Tools & Machinery
    • Power and Oil & Gas
    • Iron & Steel
    • Marine & Shipping
    • Chemical
    • Others

·         Market, by Region:

    • West
    • South
    • North
    • East

Competitive Landscape

Company Benchmarking: Benchmarking of leading players on the basis of industrial lubricant type provided by them.

Company Profiles: Detailed analysis of major companies operating in India industrial lubricant market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. Following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of distributors and dealers across all the regions.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Customer Profiling

  • List of major customers
In case you can’t find what you are looking for, then please get in touch with our custom research team at sales@techsciresearch.com

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Voice of Customer

4.1.    Brand Awareness and Factors Influencing Purchase Decision

4.2.    Willingness to Switch from Existing Brand

4.3.    Challenges and Unmet Needs

5.       India Industrial Lubricant Market Outlook, 2013 -2023

5.1.    Market Size & Forecast

5.1.1.By Value

5.1.2.By Volume

5.2.    Market Share & Forecast

5.2.1.By Lubricant Type (Metal Working Fluid, Industrial Engine Oil, Hydraulic Oil, Grease, Gear Oil, Compressor Oil, Bearing Oil and Others)

5.2.2.By Application (Machining, Hydraulics, Gear, Bearing, Turbine, Air Compressor and Others)

5.2.3.By End Use (Power and Oil & Gas, Construction & Mining, Automotive & Auto Components, Iron & Steel, Chemical, Marine & Shipping, Machine Tools & Machinery and Others)

5.2.4.By Region

5.2.5.By Sales Channel (Direct, Distributors, and Traders & Retailers)

5.2.6.By Company (Top 5 Company Shares)

5.3.    Market Attractiveness Index (By Lubricant Type, By Application, By End Use and By Region)

6.       India Hydraulic Oil Market Outlook, 2013-2023

6.1.    Market Size & Forecast

6.1.1.By Value

6.1.2.By Volume

6.2.    Market Share & Forecast

6.2.1.By End Use

6.2.2.By Sales Channel

6.2.3.By Packaging Size

7.       India Metal Working Fluid Market Outlook, 2013-2023

7.1.    Market Size & Forecast

7.1.1.By Value

7.1.2.By Volume

7.2.    Market Share & Forecast

7.2.1.By End Use

7.2.2.By Sales Channel

7.2.3.By Packaging Size

8.       India Grease Market Outlook, 2013-2023

8.1.    Market Size & Forecast

8.1.1.By Value

8.1.2.By Volume

8.2.    Market Share & Forecast

8.2.1.By End Use

8.2.2.By Sales Channel

8.2.3.By Packaging Size

9.       India Gear Oil Market Outlook, 2013-2023

9.1.    Market Size & Forecast

9.1.1.By Value

9.1.2.By Volume

9.2.    Market Share & Forecast

9.2.1.By End Use

9.2.2.By Sales Channel

9.2.3.By Packaging Size

10.   India Industrial Engine Oil Market Outlook, 2013-2023

10.1.  Market Size & Forecast

10.1.1.    By Value

10.1.2.    By Volume

10.2.  Market Share & Forecast

10.2.1.    By End Use

10.2.2.    By Sales Channel

10.2.3.    By Packaging Size

11.   India Compressor Oil Market Outlook, 2013-2023

11.1.  Market Size & Forecast

11.1.1.    By Value

11.1.2.    By Volume

11.2.  Market Share & Forecast

11.2.1.    By End Use

11.2.2.    By Sales Channel

11.2.3.    By Packaging Size

12.   India Bearing Oil Market Outlook, 2013-2023

12.1.  Market Size & Forecast

12.1.1.    By Value

12.1.2.    By Volume

12.2.  Market Share & Forecast

12.2.1.    By End Use

12.2.2.    By Sales Channel

12.2.3.    By Packaging Size

13.   Market Dynamics

13.1.  Drivers

13.2.  Challenges

13.3.  Impact Analysis

14.   Market Trends & Developments

15.   Porter’s Five Forces Analysis

16.   Pricing Analysis

17.   Policy & Regulatory Landscape

18.   List of Suppliers/Distributors (Up to 30 Distributors)

19.   Import/Export Analysis

19.1.  Imports

19.2.  Exports

19.3.  Trade Balance

20.   India Economic Profile

21.   Competitive Landscape

21.1.  Competitive Benchmarking

21.2.  Company Profiles

21.2.1.    Hindustan Petroleum Corporation Limited

21.2.2.    Indian Oil Corporation Limited

21.2.3.    Bharat Petroleum Corporation Limited

21.2.4.    Shell India Markets Private Limited

21.2.5.    Gulf Petrochem Petroleums Limited

21.2.6.    ExxonMobil Lubricants Pvt Ltd

21.2.7.    Castrol India Limited

21.2.8.    Gulf Oil Lubricants India Limited

21.2.9.    Tide Water Oil Co. (India) Ltd

21.2.10.    Total Oil India Private Limited

22. Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • Figure 1: India Industrial Lubricant Market Size, By Value, 2013-2023F (USD Million)

    Figure 2: India GDP, 2013-2017 (USD Trillion)

    Figure 3: India GDP Growth Rate, 2013-2017 (Percentage)

    Figure 4: India Industrial Lubricant Market Size, By Volume, 2013-2023F (Million Liters)

    Figure 5: India Sector-Wise Industry Market Size, By Value, 2013-2017 (USD Trillion)

    Figure 6: India Industrial Lubricant Market Share, By Lubricant Type, By Volume, 2013-2023F

    Figure 7: India Industrial Lubricant Market Share, By Application, By Volume, 2017 & 2023F

    Figure 8: India Industrial Lubricant Market Share, By End Use, By Volume, 2013-2023F

    Figure 9: India Industrial Lubricant Market Share, By Region, By Volume, 2017 & 2023F

    Figure 10: India Industrial Lubricant Market Share, By Sales Channel, By Volume, 2017 & 2023F

    Figure 11: India Industrial Lubricant Market Share, By Company, By Volume, 2017

    Figure 12: India Industrial Lubricant Market Attractiveness Index, By Lubricant Type, By Volume, 2018E-2023F

    Figure 13: India Industrial Lubricant Market Attractiveness Index, By Application, By Volume, 2018E-2023F

    Figure 14: India Industrial Lubricant Market Attractiveness Index, By End Use, By Volume, 2018E-2023F

    Figure 15: India Industrial Lubricant Market Attractiveness Index, By Region, By Volume, 2018E-2023F

    Figure 16: India Hydraulic Oil Market Size, By Value, 2013-2023F (USD Million)

    Figure 17: India Construction Equipment Market Size, By Value, 2017 & 2024F (USD Billion)

    Figure 18: India Construction Equipment Market Share, By Type, By Volume, 2018

    Figure 19: India Hydraulic Oil Market Size, By Volume, 2013-2023F (Million Liters)

    Figure 20: India Chemical & Petrochemical Production, By Volume, 2013-2017 (‘000 MT)

    Figure 21: India Hydraulic Oil Market Share, By End Use, By Volume, 2013-2023F

    Figure 22: India Hydraulic Oil Market Share, By Sales Channel, By Volume, 2017 & 2023F

    Figure 23: India Hydraulic Oil Market Share, By Packaging Size, By Volume, 2013-2023F

    Figure 24: India Metal Working Fluid Market Size, By Value, 2013-2023F (USD Million)

    Figure 25: India Machine Tool Market Size, By Value, 2015 & 2020F (USD Billion)

    Figure 26: India Automobile Production, 2013-2018 (Million Units)

    Figure 27: India Metal Working Fluid Market Size, By Volume, 2013-2023F (Million Liters)

    Figure 28: India Forging Industry Production, By Volume, 2014-15 to 2016-17 (Million Tonnes)

    Figure 29: India Forging Industry Domestic & Export Sales, By Value, 2014-15 to 2016-17 (USD Trillion)

    Figure 30: India Metal Working Fluid Market Share, By End Use, By Volume, 2013-2023F

    Figure 31: India Metal Working Fluid Market Share, By Sales Channel, By Volume, 2017 & 2023F

    Figure 32: India Metal Working Fluid Market Share, By Packaging Size, By Volume, 2013-2023F

    Figure 33: India Grease Market Size, By Value, 2013-2023F (USD Million)

    Figure 34: India Grease Market Size, By Volume, 2013-2023F (Million Liters)

    Figure 35: India Power Capacity Expansion, 2013-2017 (Megawatt)

    Figure 36: India Grease Market Share, By End Use, By Volume, 2013-2023F

    Figure 37: India Grease Market Share, By Sales Channel, By Volume, 2017 & 2023F

    Figure 38: India Grease Market Share, By Packaging Size, By Volume, 2013-2023F

    Figure 39: India Gear Oil Market Size, By Value, 2013-2023F (USD Million)

    Figure 40: India Gear Oil Market Size, By Volume, 2013-2023F (Million Liters)

    Figure 41: India Gear Oil Market Share, By End Use, By Volume, 2013-2023F

    Figure 42: India Gear Oil Market Share, By Sales Channel, By Volume, 2017 & 2023F

    Figure 43: India Gear Oil Market Share, By Packaging Size, By Volume, 2013-2023F

    Figure 44: India Industrial Engine Oil Market Size, By Value, 2013-2023F (USD Million)

    Figure 45: India Diesel Gensets Market Size, By Value, FY2014-FY2018 (USD Billion)

    Figure 46: India Industrial Engine Oil Market Size, By Volume, 2013-2023F (Million Liters)

    Figure 47: India Road Development, By Length, FY2014-FY2018 (Km)

    Figure 48: India Industrial Engine Oil Market Share, By End Use, By Volume, 2013-2023F

    Figure 49: India Industrial Engine Oil Market Share, By Sales Channel, By Volume, 2017 & 2023F

    Figure 50: India Industrial Engine Oil Market Share, By Packaging Size, By Volume, 2013-2023F

    Figure 51: India Compressor Oil Market Size, By Value, 2013-2023F (USD Million)

    Figure 52: India Installed Refining Capacity, By Volume, 2013-2018 (‘000 Metric Tonnes Per Annum)

    Figure 53: India Compressor Oil Market Size, By Volume, 2013-2023F (Million Liters)

    Figure 54: India Refining Production, By Volume, 2013-2018 (‘000 Metric Tonnes)

    Figure 55: India Compressor Oil Market Share, By End Use, By Volume, 2013-2023F

    Figure 56: India Compressor Oil Market Share, By Sales Channel, By Volume, 2017 & 2023F

    Figure 57: India Compressor Oil Market Share, By Packaging Size, By Volume, 2013-2023F

    Figure 58: India Bearing Oil Market Share, By Value, 2013-2023F (USD Million)

    Figure 59: India Cement Consumption, By Volume, 2013-2018 (Million Tonnes)

    Figure 60: India Bearing Oil Market Size, By Volume, 2013-2023F (Million Liters)

    Figure 61: India Steel Production, By Volume, 2013-2017 (Million Tonnes)

    Figure 62: India Bearing Oil Market Share, By End Use, By Volume, 2013-2023F

    Figure 63: India Bearing Oil Market Share, By Sales Channel, By Volume, 2017 & 2023F

    Figure 64: India Bearing Oil Market Share, By Packaging Size, By Volume, 2013-2023F

    Figure 65: India Industrial Lubricant Average Selling Prices, 2013-2023F (USD/Liter)

    Figure 66: India Industrial Lubricants Import, By Value (USD Million) & By Volume (‘000 Tons), 2013-2017 (HS Code - 27101980)

    Figure 67: India Industrial Lubricants Export, By Value (USD Million) & By Volume (‘000 Tons), 2013-2017 (HS Code - 27101980)

    Figure 68: India Industrial Lubricants Trade balance, By Value, 2013-2017 (USD Million)

     

    List of Tables

    Table 1: Partial List of India Lubricant Investment Projects, By Completion Year

    Table 2: List of Lubricant Manufacturer Tie-Ups with Original Equipment Manufacturer

    Table 3: Partial List of Upcoming Projects in Automotive Sector

    Table 4: Partial List of Under Construction Infrastructure Project in India

    Table 5: India Thermal Power Plant Projects

    Table 6: Partial List of Coal Mining Projects with Capacity Expansion in India