Gear Oil Market Size & Share, by Type (Mineral-based Lubricants, Synthetic-based Lubricants); Industry Vertical (Chemical Petrochemical, Oil Gas, Energy Power, Automotive, Food Beverages, Healthcare); Application (Manufacturing, Agriculture, Mining, Steel, Energy, Wind Turbine Gearboxes, Shock Loads, Mining Machinery, Extreme Loads, Worm Drives) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5363
  • Published Date: Nov 02, 2023
  • Report Format: PDF, PPT

Author Credits:  Rushikesh, Richa Gupta

  • Report ID: 5363
  • Published Date: Nov 02, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing demand from marine industry, increasing implementation of automation in manufacturing and growing adoption in wind turbines are some of the factors driving the market growth.

The market size of gear oil is anticipated to attain a CAGR of 3% over the forecast period, i.e., 2024-2036.

The major players in the market are Repsol, Exxon Mobil Corporation, BP p.l.c., Chevron Products Company, Novvi LLC, Japan Petroleum Exploration Co., Ltd, Cosmo Energy Holdings Co. Ltd, Mitsubishi Corporation, Inpex Corp, Fuji Oil Company Ltd and others

The synthetic-based lubricants segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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