Marine Lubricants Market by Oil Type (Mineral Oil, Synthetic Oil, and Bio-Based), Product Type (Engine Oil, Hydraulic Fluid, Compressor Oil), Ship Type (Bulk Carrier, Container Ships), & Region( Asia Pacific, North America) - Global Forecast to 2028

Abstract
In terms of value, the marine lubricants market is estimated to grow from USD 6.3 billion in 2022 to USD 6.9 billion by 2028, at a CAGR of 1.5%. The mounting demand of bio-derived marine lubricants is also driving the demand for marine lubricants. Manufacturers are incorporating technologies to improve the quality of marine lubricants.

“Synthetic oil is expected to be the fastest-growing oil type of the marine lubricants market, in terms of value, during the forecast period.”

The synthetic oil type segment is estimated to behold the fastest growth in terms of value and volume during the forecast period. Synthetic oil have several benefits such as reduced friction at start-up, stable viscosity for a wide range of temperatures, and extended oil life. Along with its benefits it have properties such as high performance in extreme conditions, better viscosity index, higher shear stability, and chemical resistance compared to other oil types.

Synthetic oils are engineered to provide superior performance characteristics compared to mineral oils. They have excellent thermal and oxidative stability, which helps them maintain their viscosity and lubricating properties under high temperatures and prolonged usage. This stability results in reduced oil breakdown, extended oil change intervals, and improved overall lubricant performance.

“Asia Pacific is largest and projected to be the fastest growing region for marine lubricants market, in terms of value, during the forecast period

Due to increasing population and improving living standards, the Asia Pacific marine lubricants market is projected to grow at highest CAGR during the forecast period. Additionally, the accessibility of raw materials and rapid industrialization will promote demand for marine lubricants market.

The Asia Pacific region is home to some of the busiest shipping routes in the world, including the Malacca Strait, South China Sea, and Pacific Ocean. These routes serve as vital conduits for international trade, with a significant volume of goods transported through these waters.

The high volume of shipping traffic necessitates the use of marine lubricants to ensure efficient and reliable vessel operations.
•By Company Type: Tier 1 - 69%, Tier 2 - 23%, and Tier 3 - 8%
•By Designation: C-Level - 23%, Director Level - 37%, and Others - 40%
•By Region: North America - 32%, Europe - 21%, Asia Pacific - 28%, South America and Middle East & Africa - 12%, South America – 7%

The key players profiled in the report include Exxon Mobil Corporation (US), Shell plc (UK), BP p.l.c. (UK), TotalEnergies SE (France), Chevron Corporation (US), Lukoil (Russia), Petronas (Malaysia), Idemitsu Kosan Co., Ltd. (Japan), ENEOS Holdings, Inc. (Japan), China Petroleum & Chemical Corporation (China), Gazprom Neft (Russia), and among others.

Research Coverage
This report segments the market for marine lubricants based on oil type, product type, ship type, and region and provides estimations of volume (kiloton) and value (USD million) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, key strategies, associated with the market for marine lubricants.

Reasons to Buy this Report
This research report is focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the marine lubricants market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
•Analysis of key drivers (infrastructural developments strengthening the shipping industry,emerging emission abadement technologies, growth in maritime tourism), restraints (Shift towards synthetic lubricants), opportunities (Increased demand for bio-based marine lubricants, shift from Group I to Group II base stocks) and challenges (Stringent environmental norms, volatility in raw material prices)influencing the growth of marine lubricants market
•Market Penetration: Comprehensive information on marine lubricants offered by top players in the global market
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the marine lubricants market
•Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for marine lubricants across regions
•Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global marine lubricants market
•Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the marine lubricants market

Content
Table of Contents

1INTRODUCTION37
1.1STUDY OBJECTIVES37
1.2MARKET DEFINITION37
1.2.1INCLUSIONS AND EXCLUSIONS38
1.2.2MARKET DEFINITION AND INCLUSIONS, BY OIL TYPE38
1.2.3MARKET DEFINITION AND INCLUSIONS, BY PRODUCT TYPE38
1.2.4MARKET DEFINITION AND INCLUSIONS, BY SHIP TYPE39
1.3MARKET SCOPE40
1.3.1MARINE LUBRICANTS MARKET SEGMENTATION40
1.3.2REGIONS COVERED40
1.3.3YEARS CONSIDERED41
1.3.4CURRENCY CONSIDERED41
1.3.5UNIT CONSIDERED41
1.4STAKEHOLDERS41
1.5SUMMARY OF CHANGES42
1.6IMPACT OF RECESSION42
2RESEARCH METHODOLOGY43
2.1RESEARCH DATA43
FIGURE 1MARINE LUBRICANTS MARKET: RESEARCH DESIGN43
2.1.1SECONDARY DATA44
2.1.2PRIMARY DATA44
2.1.2.1Primary interviews – demand and supply sides44
2.1.2.2Key industry insights45
2.1.2.3Breakdown of primary interviews46
2.2MARKET SIZE ESTIMATION46
2.2.1BOTTOM-UP APPROACH47
FIGURE 2MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE)47
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (SUPPLY SIDE—COLLECTIVE REVENUE OF ALL PRODUCTS)47
FIGURE 4MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 BOTTOM-UP (DEMAND SIDE—PRODUCTS SOLD)48
2.2.2TOP-DOWN APPROACH48
FIGURE 5MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4 – BASE MARKET CALCULATION AND VALIDATION APPROACH48
2.3DATA TRIANGULATION49
FIGURE 6MARINE LUBRICANTS MARKET: DATA TRIANGULATION50
2.4GROWTH RATE ASSUMPTIONS/GROWTH FORECAST51
2.4.1SUPPLY SIDE51
FIGURE 7MARKET CAGR PROJECTIONS FROM SUPPLY SIDE51
2.4.2DEMAND SIDE52
FIGURE 8MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES52
2.5IMPACT OF RECESSION52
2.6ASSUMPTIONS53
2.7LIMITATIONS53
2.8RISK ASSESSMENT54
TABLE 1MARINE LUBRICANTS MARKET: RISK ASSESSMENT54
3EXECUTIVE SUMMARY55
FIGURE 9MINERAL OIL TO BE LEADING OIL TYPE FOR MARINE LUBRICANTS DURING FORECAST PERIOD55
FIGURE 10ENGINE OIL TO BE LARGEST PRODUCT TYPE OF MARINE LUBRICANTS MARKET DURING FORECAST PERIOD56
FIGURE 11ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF MARINE LUBRICANTS MARKET IN 202257
4PREMIUM INSIGHTS58
4.1SIGNIFICANT OPPORTUNITIES FOR PLAYERS IN MARINE LUBRICANTS MARKET58
FIGURE 12HIGH GROWTH EXPECTED IN EMERGING ECONOMIES DURING FORECAST PERIOD58
4.2ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE AND COUNTRY58
FIGURE 13CHINA AND ENGINE OILS SEGMENT ACCOUNTED FOR LARGEST SHARES58
4.3MARINE LUBRICANTS MARKET, BY PRODUCT TYPE AND REGION59
FIGURE 14ENGINE OIL TO DOMINATE MARINE LUBRICANTS MARKET ACROSS REGIONS59
4.4MARINE LUBRICANTS MARKET, BY KEY COUNTRY59
FIGURE 15SINGAPORE TO BE FASTEST-GROWING COUNTRY FOR MARINE LUBRICANTS DURING FORECAST PERIOD59
5MARKET OVERVIEW60
5.1INTRODUCTION60
5.2MARKET DYNAMICS61
FIGURE 16DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN MARINE LUBRICANTS MARKET61
5.2.1DRIVERS61
5.2.1.1Growth in seaborne trade61
5.2.1.2Expansion of global shipbuilding industry62
5.2.1.3Growth in offshore exploration and production activities62
5.2.2RESTRAINTS62
5.2.2.1Stringent environmental regulations62
5.2.3OPPORTUNITIES63
5.2.3.1Increasing demand for biodegradable lubricants63
5.2.3.2Growing demand from emerging economies63
 
5.2.4CHALLENGES63
5.2.4.1Emergence of alternative technologies63
5.2.4.2Fluctuating crude oil prices64
5.3PORTER’S FIVE FORCES ANALYSIS64
FIGURE 17PORTER’S FIVE FORCES ANALYSIS OF MARINE LUBRICANTS MARKET64
5.3.1THREAT OF SUBSTITUTES65
5.3.2THREAT OF NEW ENTRANTS65
5.3.3BARGAINING POWER OF SUPPLIERS65
5.3.4BARGAINING POWER OF BUYERS66
5.3.5INTENSITY OF COMPETITIVE RIVALRY66
TABLE 2MARINE LUBRICANTS MARKET: PORTER’S FIVE FORCES ANALYSIS66
5.4MACROECONOMIC INDICATORS67
5.4.1GDP TRENDS AND FORECASTS FOR MAJOR ECONOMIES67
TABLE 3GDP TRENDS AND FORECASTS, BY MAJOR ECONOMY, 2021–2028 (USD BILLION)67
6INDUSTRY TRENDS68
6.1KEY STAKEHOLDERS AND BUYING CRITERIA68
6.1.1KEY STAKEHOLDERS IN BUYING PROCESS68
FIGURE 18INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE PRODUCT TYPES68
TABLE 4INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE PRODUCT TYPES (%)68
6.1.2BUYING CRITERIA69
FIGURE 19KEY BUYING CRITERIA FOR TOP THREE PRODUCT TYPES69
TABLE 5KEY BUYING CRITERIA FOR TOP THREE PRODUCT TYPES69
6.2SUPPLY CHAIN ANALYSIS70
FIGURE 20MARINE LUBRICANTS MARKET: SUPPLY CHAIN70
6.2.1RAW MATERIAL70
6.2.2MANUFACTURING70
6.2.3DISTRIBUTION TO END USERS71
6.3TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS71
6.3.1REVENUE SHIFTS & NEW REVENUE POCKETS FOR MARINE LUBRICANTS MARKET71
FIGURE 21REVENUE SHIFT FOR MARINE LUBRICANTS MARKET71
6.4ECOSYSTEM/MARKET MAP72
FIGURE 22MARINE LUBRICANTS MARKET: ECOSYSTEM72
TABLE 6MARINE LUBRICANTS MARKET: ECOSYSTEM72
6.5CASE STUDIES73
6.5.1LUBRICATION FAILURE IN A SHIP'S MAIN ENGINE: CAUSES, EFFECTS, AND SOLUTIONS73
6.6TECHNOLOGY ANALYSIS74
6.6.1KLÜBER LUBRICATION LAUNCHES INNOVATIVE SOLUTION FOR SUSTAINABLE SHIP PROPULSION74
6.6.2CHEVRON ORONITE INTRODUCES NEW MARINE CYLINDER LUBRICANT ADDITIVE PACKAGE FOR IMO 2020-COMPLIANT FUELS74
6.7TRADE DATA74
6.7.1IMPORT SCENARIO OF MARINE LUBRICANTS74
FIGURE 23MARINE LUBRICANTS IMPORT, BY KEY COUNTRY, 2013–202175
TABLE 7MARINE LUBRICANTS IMPORT, BY REGION, 2013–2021 (USD MILLION)75
6.7.2EXPORT SCENARIO OF MARINE LUBRICANTS76
FIGURE 24MARINE LUBRICANTS EXPORT, BY KEY COUNTRY, 2013–202176
TABLE 8MARINE LUBRICANTS EXPORT, BY REGION, 2013–2021 (USD MILLION)76
6.8GLOBAL REGULATORY FRAMEWORK AND ITS IMPACT ON MARINE LUBRICANTS MARKET77
6.8.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND ORGANIZATIONS77
6.8.2REGULATIONS RELATED TO MARINE LUBRICANTS MARKET77
6.9KEY CONFERENCES & EVENTS IN 202378
TABLE 9MARINE LUBRICANTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS78
6.10PRICING ANALYSIS79
6.10.1AVERAGE SELLING PRICE OF OIL TYPES OFFERED BY KEY PLAYERS79
FIGURE 25AVERAGE SELLING PRICE OF KEY PLAYERS FOR THE TOP THREE OIL TYPES79
TABLE 10AVERAGE SELLING PRICE OF KEY PLAYERS FOR TOP THREE APPLICATIONS (USD/KG)79
6.10.2AVERAGE SELLING PRICE, BY REGION79
FIGURE 26AVERAGE SELLING PRICE OF MARINE LUBRICANTS, BY REGION, 2021–202880
TABLE 11AVERAGE SELLING PRICE OF MARINE LUBRICANTS, BY REGION, 2021–2028 (USD/KG)80
6.11PATENT ANALYSIS80
6.11.1APPROACH80
6.11.2DOCUMENT TYPE81
TABLE 12PATENT STATUS AND COUNT81
FIGURE 27PATENTS REGISTERED IN MARINE LUBRICANTS MARKET, 2012–202281
FIGURE 28PATENT PUBLICATION TRENDS, 2012–202181
FIGURE 29LEGAL STATUS OF PATENTS FILED IN MARINE LUBRICANTS MARKET82
6.11.3JURISDICTION ANALYSIS82
FIGURE 30MAXIMUM PATENTS FILED IN JURISDICTION OF US82
6.11.4TOP APPLICANTS83
FIGURE 31LUBRIZOL CORPORATION REGISTERED MAXIMUM NUMBER OF PATENTS BETWEEN 2012 AND 202283
TABLE 13LIST OF PATENTS BY LUBRIZOL CORPORATION83
7MARINE LUBRICANTS MARKET, BY PRODUCT TYPE84
7.1INTRODUCTION85
FIGURE 32ENGINE OIL TO DOMINATE MARINE LUBRICANTS MARKET DURING FORECAST PERIOD85
TABLE 14MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (USD MILLION)85
TABLE 15MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)86
TABLE 16MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (KILOTON)86
TABLE 17MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (KILOTON)86
7.2ENGINE OIL87
7.2.1NEED FOR PROPER FUNCTIONING MARINE ENGINE TO DRIVE SEGMENT87
TABLE 18ENGINE OIL: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (USD MILLION)87
TABLE 19ENGINE OIL: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (USD MILLION)87
TABLE 20ENGINE OIL: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (KILOTON)88
TABLE 21ENGINE OIL: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (KILOTON)88
7.2.2CYLINDER OIL88
7.2.3SYSTEM OIL88
7.3HYDRAULIC FLUID89
7.3.1RISING DEMAND FOR HYDRAULIC EQUIPMENT TO DRIVE SEGMENT89
TABLE 22HYDRAULIC FLUID: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (USD MILLION)89
TABLE 23HYDRAULIC FLUID: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (USD MILLION)89
TABLE 24HYDRAULIC FLUID: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (KILOTON)90
TABLE 25HYDRAULIC FLUID: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (KILOTON)90
7.4COMPRESSOR OIL90
7.4.1GROWING DEMAND FOR AIR, REFRIGERATION, AND AC COMPRESSORS TO DRIVE SEGMENT90
TABLE 26COMPRESSOR OIL: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (USD MILLION)91
TABLE 27COMPRESSOR OIL: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (USD MILLION)91
TABLE 28COMPRESSOR OIL: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (KILOTON)92
TABLE 29COMPRESSOR OIL: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (KILOTON)92
7.5OTHERS92
TABLE 30OTHERS: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (USD MILLION)93
TABLE 31OTHERS: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (USD MILLION)93
TABLE 32OTHERS: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (KILOTON)94
TABLE 33OTHERS: MARINE LUBRICANTS MARKET SIZE, BY REGION, 2023–2028 (KILOTON)94
 
8MARINE LUBRICANTS MARKET, BY OIL TYPE95
8.1INTRODUCTION96
TABLE 34BASE STOCK CLASSIFICATION96
FIGURE 33SYNTHETIC OIL TO BE FASTEST-GROWING OIL TYPE DURING FORECAST PERIOD97
TABLE 35MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)97
TABLE 36MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)97
TABLE 37MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)98
TABLE 38MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)98
8.2MINERAL OIL98
8.2.1DEMAND TO GRADUALLY DECREASE DUE TO TOXICITY98
TABLE 39MINERAL OIL: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (USD MILLION)99
TABLE 40MINERAL OIL: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (USD MILLION)99
TABLE 41MINERAL OIL: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (KILOTON)99
TABLE 42MINERAL OIL: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (KILOTON)100
8.3SYNTHETIC OIL100
8.3.1BETTER PERFORMANCE UNDER EXTREME TEMPERATURE AND PRESSURE CONDITIONS TO INCREASE DEMAND100
TABLE 43SYNTHETIC OIL: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (USD MILLION)100
TABLE 44SYNTHETIC OIL: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (USD MILLION)101
TABLE 45SYNTHETIC OIL: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (KILOTON)101
TABLE 46SYNTHETIC OIL: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (KILOTON)101
8.4BIO-BASED102
8.4.1STRINGENT ENVIRONMENTAL REGULATIONS TO DRIVE SEGMENT102
TABLE 47BIO-BASED: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (USD MILLION)102
TABLE 48BIO-BASED: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (USD MILLION)102
TABLE 49BIO-BASED: MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (KILOTON)103
TABLE 50BIO-BASED: MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (KILOTON)103
9MARINE LUBRICANTS MARKET, BY SHIP TYPE104
9.1INTRODUCTION105
FIGURE 34BULK CARRIERS TO DOMINATE MARINE LUBRICANTS MARKET DURING FORECAST PERIOD105
TABLE 51MARINE LUBRICANTS MARKET, BY SHIP TYPE, 2017–2022 (USD MILLION)105
TABLE 52MARINE LUBRICANTS MARKET SIZE, BY SHIP TYPE, 2023–2028 (USD MILLION)106
TABLE 53MARINE LUBRICANTS MARKET, BY SHIP TYPE, 2017–2022 (KILOTON)106
TABLE 54MARINE LUBRICANTS MARKET SIZE, BY SHIP TYPE, 2023–2028 (KILOTON)106
9.1.1BULK CARRIERS107
TABLE 55CLASSIFICATION OF BULK CARRIERS107
9.1.2TANKERS108
TABLE 56CLASSIFICATION OF TANKERS108
9.1.3CONTAINER SHIPS108
9.1.4OTHERS108
10MARINE LUBRICANTS MARKET, BY REGION109
10.1INTRODUCTION110
FIGURE 35ASIA PACIFIC TO BE FASTEST-GROWING MARINE LUBRICANTS MARKET DURING FORECAST PERIOD110
TABLE 57MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (USD MILLION)110
TABLE 58MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (USD MILLION)111
TABLE 59MARINE LUBRICANTS MARKET, BY REGION, 2017–2022 (KILOTON)111
TABLE 60MARINE LUBRICANTS MARKET, BY REGION, 2023–2028 (KILOTON)112
10.2NORTH AMERICA112
FIGURE 36NORTH AMERICA: MARINE LUBRICANTS MARKET SNAPSHOT113
10.2.1IMPACT OF RECESSION113
10.2.2NORTH AMERICA MARINE LUBRICANTS MARKET, BY OIL TYPE114
TABLE 61NORTH AMERICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)114
TABLE 62NORTH AMERICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)114
TABLE 63NORTH AMERICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)114
TABLE 64NORTH AMERICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)115
10.2.3NORTH AMERICA MARINE LUBRICANTS MARKET, BY PRODUCT TYPE115
TABLE 65NORTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (USD MILLION)115
TABLE 66NORTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)115
TABLE 67NORTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (KILOTON)116
TABLE 68NORTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (KILOTON)116
10.2.4NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY116
TABLE 69NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION)116
TABLE 70NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)117
TABLE 71NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON)117
TABLE 72NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON)117
10.2.4.1US118
10.2.4.1.1Rise in domestic and international maritime trade to drive marine lubricants market118
TABLE 73US: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)118
TABLE 74US: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)118
TABLE 75US: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)119
TABLE 76US: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)119
10.2.4.2Canada119
10.2.4.2.1Increase in demand for bulk carriers, oil tankers, and container ships to drive market119
TABLE 77CANADA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)120
TABLE 78CANADA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)120
TABLE 79CANADA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)120
TABLE 80CANADA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)121
10.2.4.3Mexico121
10.2.4.3.1Booming industrialization and rising population to drive demand for marine lubricants121
TABLE 81MEXICO: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)121
TABLE 82MEXICO: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)122
TABLE 83MEXICO: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)122
TABLE 84MEXICO: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)122
10.3ASIA PACIFIC123
FIGURE 37ASIA PACIFIC: MARINE LUBRICANTS MARKET SNAPSHOT123
10.3.1IMPACT OF RECESSION124
10.3.2ASIA PACIFIC MARINE LUBRICANTS MARKET, BY OIL TYPE124
TABLE 85ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)124
TABLE 86ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)124
TABLE 87ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)125
TABLE 88ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)125
10.3.3ASIA PACIFIC MARINE LUBRICANTS MARKET, BY PRODUCT TYPE125
TABLE 89ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (USD MILLION)125
TABLE 90ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)126
TABLE 91ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (KILOTON)126
TABLE 92ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (KILOTON)126
10.3.4ASIA PACIFIC MARINE LUBRICANTS MARKET, BY COUNTRY127
TABLE 93ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION)127
TABLE 94ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)127
TABLE 95ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON)128
TABLE 96ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON)128
10.3.4.1China129
10.3.4.1.1High investment in domestic and international maritime trade activities to drive market129
TABLE 97CHINA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)129
TABLE 98CHINA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)129
TABLE 99CHINA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)130
TABLE 100CHINA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)130
10.3.4.2Singapore130
10.3.4.2.1Leading marine hub for MRO activities to drive market130
TABLE 101SINGAPORE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)130
TABLE 102SINGAPORE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)131
TABLE 103SINGAPORE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)131
TABLE 104SINGAPORE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)131
10.3.4.3Hong Kong132
10.3.4.3.1Rise in trading activities to drive marine lubricants market132
TABLE 105HONG KONG: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)132
TABLE 106HONG KONG: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)132
TABLE 107HONG KONG: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)133
TABLE 108HONG KONG: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)133
10.3.4.4South Korea133
10.3.4.4.1Growing shipbuilding industry to drive demand for marine lubricants133
TABLE 109SOUTH KOREA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)134
TABLE 110SOUTH KOREA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)134
TABLE 111SOUTH KOREA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)134
TABLE 112SOUTH KOREA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)135
10.3.4.5Malaysia135
10.3.4.5.1Growth in shipbuilding industry to drive marine lubricants market135
TABLE 113MALAYSIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)135
TABLE 114MALAYSIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)135
TABLE 115MALAYSIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)136
TABLE 116MALAYSIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)136
10.3.4.6Japan136
10.3.4.6.1Financial support provided by government bodies to drive marine lubricants market136
TABLE 117JAPAN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)137
TABLE 118JAPAN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)137
TABLE 119JAPAN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)137
TABLE 120JAPAN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)138
10.3.4.7Taiwan138
10.3.4.7.1Growth in export and maritime trade to drive marine lubricants market138
TABLE 121TAIWAN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)138
TABLE 122TAIWAN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)138
TABLE 123TAIWAN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)139
TABLE 124TAIWAN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)139
10.3.4.8India139
10.3.4.8.1Economic growth, favorable government policies & incentive framework, and long coastline to drive marine lubricants market139
TABLE 125INDIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)140
TABLE 126INDIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)140
TABLE 127INDIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)140
TABLE 128INDIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)140
 
10.3.4.9Australia141
10.3.4.9.1Large exports of coal and metals to drive demand for marine lubricants in commercial vessels141
TABLE 129AUSTRALIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)141
TABLE 130AUSTRALIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)141
TABLE 131AUSTRALIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)142
TABLE 132AUSTRALIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)142
10.4EUROPE142
FIGURE 38EUROPE: MARINE LUBRICANTS MARKET SNAPSHOT143
10.4.1IMPACT OF RECESSION143
10.4.2EUROPE MARINE LUBRICANTS MARKET, BY OIL TYPE144
TABLE 133EUROPE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)144
TABLE 134EUROPE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)144
TABLE 135EUROPE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)144
TABLE 136EUROPE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)145
10.4.3EUROPE MARINE LUBRICANTS MARKET, BY PRODUCT TYPE145
TABLE 137EUROPE: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (USD MILLION)145
TABLE 138EUROPE: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)145
TABLE 139EUROPE: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (KILOTON)146
TABLE 140EUROPE: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (KILOTON)146
10.4.4EUROPE MARINE LUBRICANTS MARKET, BY COUNTRY146
TABLE 141EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION)146
TABLE 142EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)147
TABLE 143EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON)147
TABLE 144EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON)148
10.4.4.1Germany148
10.4.4.1.1Growth of maritime industry to drive demand for marine lubricants148
TABLE 145GERMANY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)148
TABLE 146GERMANY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)149
TABLE 147GERMANY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)149
TABLE 148GERMANY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)149
10.4.4.2Netherlands150
10.4.4.2.1Strong presence of leading manufacturers of high-end yachts and special vessels to drive market150
TABLE 149NETHERLANDS: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)150
TABLE 150NETHERLANDS: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)150
TABLE 151NETHERLANDS: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)151
TABLE 152NETHERLANDS: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)151
10.4.4.3Belgium151
10.4.4.3.1Rise in maritime trade to drive market151
TABLE 153BELGIUM: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)151
TABLE 154BELGIUM: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)152
TABLE 155BELGIUM: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)152
TABLE 156BELGIUM: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)152
10.4.4.4Spain153
10.4.4.4.1Spanish shipbuilding industry to play major role in driving market153
TABLE 157SPAIN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)153
TABLE 158SPAIN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)153
TABLE 159SPAIN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)154
TABLE 160SPAIN: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)154
10.4.4.5UK154
10.4.4.5.1Popular manufacturing hub for shipbuilding industry154
TABLE 161UK: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)154
TABLE 162UK: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)155
TABLE 163UK: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)155
TABLE 164UK: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)155
10.4.4.6Italy156
10.4.4.6.1Presence of leading manufacturers of fishing ships and cruise liners156
TABLE 165ITALY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)156
TABLE 166ITALY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)156
TABLE 167ITALY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)157
TABLE 168ITALY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)157
10.4.4.7France157
10.4.4.7.1Position as second-largest maritime zone in world to drive market157
TABLE 169FRANCE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)157
TABLE 170FRANCE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)158
TABLE 171FRANCE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)158
TABLE 172FRANCE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)158
10.4.4.8Greece159
10.4.4.8.1Growing economy and investment in infrastructure to drive demand for marine lubricants159
TABLE 173GREECE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)159
TABLE 174GREECE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)159
TABLE 175GREECE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)159
TABLE 176GREECE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)160
10.4.4.9Turkey160
10.4.4.9.1Rise in development of ships and other naval vessels to drive demand for marine lubricants160
TABLE 177TURKEY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)160
TABLE 178TURKEY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028(USD MILLION)160
TABLE 179TURKEY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)161
TABLE 180TURKEY: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)161
10.4.4.10Russia161
10.4.4.10.1Growing economy and investment in infrastructure to drive demand for marine lubricants161
TABLE 181RUSSIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)162
TABLE 182RUSSIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)162
TABLE 183RUSSIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)162
TABLE 184RUSSIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)163
10.5SOUTH AMERICA163
10.5.1IMPACT OF RECESSION163
10.5.2SOUTH AMERICA MARINE LUBRICANTS MARKET, BY OIL TYPE164
TABLE 185SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)164
TABLE 186SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)164
TABLE 187SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)164
TABLE 188SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)165
10.5.3SOUTH AMERICA MARINE LUBRICANTS MARKET, BY PRODUCT TYPE165
TABLE 189SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (USD MILLION)165
TABLE 190SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)165
TABLE 191SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (KILOTON)166
TABLE 192SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (KILOTON)166
10.5.4SOUTH AMERICA MARINE LUBRICANTS MARKET, BY COUNTRY166
TABLE 193SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION)166
TABLE 194SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)167
TABLE 195SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON)167
TABLE 196SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON)167
10.5.4.1Brazil168
10.5.4.1.1Rapidly expanding economy to drive demand for marine lubricants168
TABLE 197BRAZIL: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)168
TABLE 198BRAZIL: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)168
TABLE 199BRAZIL: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)168
TABLE 200BRAZIL: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)169
10.5.4.2Panama169
10.5.4.2.1Increase in maritime traffic due to expansion of Panama Canal to drive demand169
TABLE 201PANAMA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)169
TABLE 202PANAMA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)169
TABLE 203PANAMA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)170
TABLE 204PANAMA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)170
10.5.4.3Argentina170
10.5.4.3.1Rapidly expanding economy to drive demand for marine lubricants170
TABLE 205ARGENTINA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)170
TABLE 206ARGENTINA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)171
TABLE 207ARGENTINA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)171
TABLE 208ARGENTINA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)171
10.6MIDDLE EAST & AFRICA172
10.6.1IMPACT OF RECESSION172
10.6.2MIDDLE EAST & AFRICA MARINE LUBRICANTS MARKET, BY OIL TYPE172
TABLE 209MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)172
TABLE 210MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)173
TABLE 211MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)173
TABLE 212MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)173
10.6.3MIDDLE EAST & AFRICA MARINE LUBRICANTS MARKET, BY PRODUCT TYPE174
TABLE 213MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (USD MILLION)174
TABLE 214MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)174
TABLE 215MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2022 (KILOTON)174
TABLE 216MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2023–2028 (KILOTON)175
10.6.4MIDDLE EAST & AFRICA MARINE LUBRICANTS MARKET, BY COUNTRY175
TABLE 217MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (USD MILLION)175
TABLE 218MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)175
TABLE 219MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2017–2022 (KILOTON)176
TABLE 220MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2023–2028 (KILOTON)176
10.6.4.1UAE176
10.6.4.1.1Increase in maritime activities owing to oil & gas exports to drive marine lubricants market176
TABLE 221UAE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)176
TABLE 222UAE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)177
TABLE 223UAE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)177
TABLE 224UAE: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)177
 
10.6.4.2Saudi Arabia178
10.6.4.2.1Strong foothold of shipbuilding, shipbreaking, and refurbishment companies to drive marine lubricants market178
TABLE 225SAUDI ARABIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)178
TABLE 226SAUDI ARABIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)178
TABLE 227SAUDI ARABIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)179
TABLE 228SAUDI ARABIA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)179
10.6.4.3South Africa179
10.6.4.3.1Increasing maritime traffic to drive market179
TABLE 229SOUTH AFRICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (USD MILLION)179
TABLE 230SOUTH AFRICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (USD MILLION)180
TABLE 231SOUTH AFRICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2017–2022 (KILOTON)180
TABLE 232SOUTH AFRICA: MARINE LUBRICANTS MARKET, BY OIL TYPE, 2023–2028 (KILOTON)180