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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
A unique category of lubricants called marine lubricants is created to provide the tough performance needed in marine vessels for optimal operation. Lubricants are necessary for maritime machinery's many components to perform better, be protected, and have longer life cycles.
Oceanic or marine ships feature a variety of engine types, each of which has unique requirements for lubricants. Ships are equipped with one or two powerful propulsion engines, three or more auxiliary engines, emergency engines, and several low power engines for lifeboats, depending on their capability and purpose.
The high sulphur content of the fuels, the unique working conditions in humid and salty environments, and the unique operating characteristics at constant load and speed must all be considered when formulating sufficient lubricating oils for marine engines.
Furthermore, by unintentionally introducing cooling water into the oiling circuit, the crankcase lubricating oils for marine engines that are cooled with sea water may develop emulsions. These lubricants therefore need quick desemulsioning abilities, which are not necessary for regular engine oils.
The Europe Marine Lubricants Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
By signing agreements, Shell and CMA CGM Group will collaborate closely to hasten the decarbonization of the marine industry. This includes a multi-year arrangement for the provision of liquefied natural gas, which will begin to supply LNG to CMA CGM's vessels in the ports of several nations in the second half of the previous year.
Following the successful conclusion of the entire clearance procedure, Shell Marine stated that it had acquired a complete No Objection Letter from MAN Energy Solutions for Shell Alexia cylinder oil.
While fuels are the main topic of conversation in the maritime industry, Chevron claimed that the performance requirements for marine cylinder oils will also be influenced by improving engine efficiency.
In order to increase engine efficiency, higher pressures and temperatures must be used, which calls for lubricants that can withstand the demanding in-cylinder conditions.
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |