Global Construction Lubricant Market Rises to CAGR of 4.3% from 2018 to 2025 – QY Research – thebusinesstactics.com



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On the basis of base oils, the construction lubricants market was segmented into mineral oil and synthetic oil (PAO, PAG, Esters, Group III). The mineral oil segment is expected to dominate the construction lubricant market over the forecast period due to its easy availability and low cost.

Depending on the type of product, the construction lubricants market has been segmented into hydraulic fluid, engine oil, compressor oil, grease, automatic transmission fluid (ATF) and others (brake fluid , drilling oil, chain and cable). Hydraulic fluid is the most important product segment of construction lubricants, in terms of volume. The hydraulic fluid is mainly used for power transmission and lubrication in various heavy load equipment used in the construction industry. To prevent equipment failure, operators need a good quality hydraulic fluid, which drives the consumption of hydraulic fluid in the construction industry. The motor oil segment dominates the construction lubricant market in terms of value. This dominant position is mainly due to its high cost and its frequent replacement in various construction equipment and off-road vehicles.

Geographically, this report is segmented into several key regions, with sales, revenues, market share and growth rate of construction lubricants in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, United Kingdom, France, Italy, Russia and Turkey, etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

By type of product, is primarily divided into

hydraulic fluid

motor oil

gear oil

ATF

compressor oil

grease

other

By the end users / application, this report covers the following segments

Commercial

Personnel

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