Thursday, August 8, 2019

Uganda Freight Forwarding Market Outlook to 2023: Ken Research

The report titled “Uganda Freight Forwarding Market Outlook to 2023 – By Road, Rail and Air Freight; International and Domestic Freight, Integrated and Contract Freight and By End Users (Food and Beverages and Consumer Retail, Automotive, Healthcare, and Others)” provides a comprehensive analysis of the freight forwarding market in Uganda. It covers the overall size and the future outlook of freight forwarding in Uganda in terms of value, segmentation based on the mode of freight, type of freight, end-users and service mix. The report also covers the competitive landscape and company profiles of major Freight Forwarding companies. The report concludes with market projections for future and analyst recommendations highlighting the major opportunities for the market.
Uganda Freight Forwarding Market Outlook
Uganda Logistics Market Overview and Size
Uganda Logistics Market has not seen steady growth over the past few years, mainly due to the lack of infrastructural developments. The market is highly concentrated with international players. Uganda was ranked at 66th position in the LPI index of World Bank in 2010. In the year 2016, its rank improved to 58th however by 2018, the country’s LPI rank fell to 102. Between the years 2013-14 and 2017-18, the market has not performed well resulting in a negative single-digit CAGR. The major end-user of the logistics market in the country includes the food and beverages and the consumer retail industry.
Market Segmentation
By Road, Rail, Air and Sea Freight
Being a landlocked country, the sea freight comes to Kenya or Tanzania and then is transported to Uganda by road. Road fright has the maximum revenue percentage share in freight forwarding however it has experienced a negative CAGR. Road freight is majorly used for international services as the cargo needs to be brought into the landlocked country. Railways despite being the cheapest mode of transportation, costing half of the road transportation, aren’t widely used due to its poor connectivity.
By Domestic and International Freight
International Freight holds a higher percentage revenue share than domestic freight. The country has a number of FTAs allowing it to grow with international trade. Majority of the cargo which is brought into the country comes into the capital Kampala and then the cargo gets distributed to various cities within the county.
The Mombasa-Kampala highway is used the most for transportation. In the year 2017-18, it accounted for the majority share of the revenue in the Uganda freight forwarding market. The major modes of transport that are used for domestic
By Flow Corridors
The Asian region consisting of China, India, Japan, Indonesia, and other countries has the maximum revenue share in 2017/18.  The other flow corridors include Common Market for Eastern and Southern Africa region, Middle East, North America, European regions and others.  Coffee is exported the most accounting for 22% of the total value exporter in 2017. Other products include mineral ores, plastics, pharmaceutical products, and vegetable oils. Uganda is a part of the East African Community enabling them to have trade with the rest of the world.
By End Users
The main end-users for the freight forwarding market include Food, Beverage and Consumer Retail, Automotive Industry, Healthcare, and others. Its major demand comes from products such as Coffee, Spices, Tea, Sugar, and Fish among others. Healthcare Logistics is still a growing industry and companies are increasing their distribution points all across Africa in order to promote this further. The government had contributed only 30% of the total expenditure in 2016 towards the healthcare sector. It has plans to increase investment in the healthcare sector in the future.
By Contract Logistics and Integrated Logistics
The logistics market of Uganda is concentrated among a few international major players. Despite their operating size and reach, they often outsource certain orders to fulfill the demand. The smaller companies do not have the capacity to fulfill their orders and indulge in third party logistics. The strong relationship between shippers and 3PL providers, and the significance of emerging technologies, including blockchain and automation have allowed the third-party logistics market to flourish in the country.
Competitive Landscape
The competition within the Freight Forwarding Market of Uganda is highly concentrated amongst international players. The domestic players have a relatively lesser share in the overall market. Some of the major players include Bollore Transport and Logistics Uganda, Spedag Interfreight Uganda and Kenfreight Uganda Limited.
Future Outlook and Projections
The overall freight forwarding market is expected to see a positive single-digit CAGR between 2018-19 and 2022-23.  The railways are anticipated to be used more as its connectivity will improve. The new airport at Hoima will help improve the status of air freight and will also bring down the freight cost. New technologies such as Asycuda World, GPD tracking have been adopted which keep a track of the cargo transported thereby preventing the loss and allowing timely delivery of all the cargo.
Key Segments Covered:-
Freight Forwarding Market By
Freight Revenue by Mode
Road Freight (Revenue, Cost, Major Developments, Road Categories, Major Products transported, Major Companies
Rail Freight (Revenue, Volume, Railway Network, Major Product’s transported, major companies)
Air Freight (Revenue, Cargo Traffic, Cost, Import and Export of Mails, Commercial-Non commercial movements, Major products transported, Major Companies)
Revenue by Freight
Domestic Freight (Revenue, Road Freight, Air Freight, Rail Freight)
International Freight (Revenue, Road Freight, Air Freight, Rail Freight)
Freight Revenue by Flow Corridors
Asian Region
Common Market for Eastern and Southern Africa (COMESA) Region
European Union
North America
Others (includes South/Central America, other African regions)
Freight Revenue by Contract Logistics and Integrated Logistics
Freight Revenue by End Users
Food, Beverages and Consumer Retail
Automotive
Health Care
Others (includes construction, chemicals, and others)
Key Target Audience
Trucking Companies
Express Logistic Companies
E-commerce Logistics Companies
Airlines
Shipping Companies
Contact Logistics Companies
Mail/ Courier/ Postal Companies
Time Period Captured in the Report:-
Historical Period: 2013-14 to 2017-18
Forecast Period: 2018-19 to 2022-23
Companies Covered:-
Bollore Transport and Logistics Uganda
Spedag Interfreight Uganda Ltd
Maersk Uganda Ltd
Kenfreight Uganda Ltd
CMA CGM Uganda Ltd
Union Logistics Uganda Ltd
Key Topics Covered in the Report:-
Uganda Logistics Industry
Uganda Freight Forwarding Market
Uganda Freight Forwarding Market by Mode of Freight
Uganda Freight Forwarding Market by Type of Freight
Uganda Multimodal Transportation
Uganda Freight Forwarding Flow Corridors
Uganda Freight Forwarding End Users
Uganda Freight Forwarding Market 3PL and Integrated Logistics
Uganda Freight Forwarding Competitive Scenario
Uganda Freight Forwarding Company Profiles
Freight Forwarding Market Trends Uganda
Freight Forwarding Market Growth Drivers Uganda
Freight Forwarding Developments Uganda
Uganda Freight Forwarding Market Future Outlook
Uganda Freight Forwarding by Mode of Service Future Outlook
Uganda Freight Forwarding by Mode of Freight Future Outlook
Uganda Freight Forwarding End Users Future Outlook
Uganda Freight Forwarding 3PL and Integrated Logistics Future Outlook
Regulatory Environment
Trends and Developments
Issues and Challenges
Analyst Recommendation
For More Information, Refer To Below Link:-
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Location: Uganda

Profitable Landscape of the Central Nervous System Global Market Outlook: Ken Research

According to the report analysis, ‘Central Nervous System Drugs Global Market Report 2019’ states that the central nervous system drugs market comprises the sales of central nervous system drugs and correlated to the services delivered by the entities (organizations, sole traders and partnerships) that generate the central nervous system drugs to delicacy the brain and spinal cord diseases. This industry involves establishments that generate the nervous system drugs, pain decreasing analgesics, anti-Parkinson drugs to delicate the Parkinson's disease, anticonvulsant anti-epileptics drugs to regulate the epileptic seizures, anesthetics and several other drugs such as muscle relaxants, antiemetic.

Additionally, the significant advancements in the diagnostic technologies, therapeutics and the drug discovery techniques are generally fueling the market growth more positively across the globe. Furthermore, the increasing requirement for the effective therapeutic choices are the motivating foremost pharmaceuticals corporates to invest on the effective and profitable research and development for the same, thus introducing future growth opportunities.
The number of patients is anticipated to augment with the growing pervasiveness of CNS syndromes connected with the sedentary lifestyle and chronic mental sicknesses. Moreover, in the market of central nervous system drugs, there are several key companies which recently operating for leading the fastest market growth and accounting the handsome value of market share across the globe in the coming years while developing the technologies of production, investing the effective amount of money in the advancement of central nervous system drugs and delivering the better consumer satisfaction involves Biogen Inc, F. Hoffmann-La Roche Ltd, Johnson & Johnson, Pfizer Inc, Novartis AG and several others.
Based on the region, the North America economy was the foremost region in the global central nervous system drugs market, dominating for 43% of the market in 2018. Asia Pacific was the second highest region registering for 24% of the global central nervous system drugs market. Africa region was the smallest economy in the global central nervous system drugs market.
Nevertheless, the Pharmaceutical companies are associating with the technology companies and integrating wearables in clinical studies and for research and advancements of CNS disease treatments. These wearable devices make utilize of the sensors to perceive the early symptoms of Parkinson's disease namely as tremors, slowness and laboriousness in patients. The Researchers effectively utilize this data to attain the insights related to the disease and impending the drug reactions, and thus decrease the time for the trials by 30% to 50%. For instance, in 2017, the Michael J. Fox Foundation for Parkinson's Research work together with the specialty drugmaker Cynapsus Therapeutics and Intel to participate the wearable technology in a Phase-III clinical trial of APL-130277, an experimental drug for Parkinson's syndrome. The Biogen, an important CNS drugmaker is utilizing the Fitbit, a smart wearable tracker, to better understand the multiple sclerosis in patient studies, and the technology is predicted to encompass in Alzheimer's disease research. Therefore, in the near future, it is expected that the market of central nervous system drugs will increase across the globe more positively over the near future.
To know more, click on the link below:-
Global Central Nervous System Drugs Market
Related Reports:-
Central Nervous System Drugs MGR 2017
Vietnam Pharmaceutical Market Outlook To 2022 - by Generic and Patented drugs, by Prescribed Drugs and OTC Drugs and Therapeutic Drugs (Metabolism and Nutritional Medicine, Cardiovascular, Central Nervous System, System Infection, Oncology, Musculoskeletal, Respiratory)
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Rise in Number of Road Accidents, Followed by Increase in Demand for Improved Visibility & Safety Features in Vehicles is Set to Drive Global Automotive Pedestrian Protection System Market Over the Forecast Period: Ken Research

As per study, “Automotive Pedestrian Protection System Market Information by Technology (Active Safety, Passive Safety), Type (Automatic Braking and Collision Avoidance, Brake Assist, External Airbags, Pop-up Bonnets), Components, and Vehicle Types-Forecast till 2024” the key companies operating in the global automotive pedestrian protection system market are Robert Bosch GmbH, Continental AG,  Aptiv PLC, Autoliv Inc, Magna International Inc, Denso Corporation, WABCO Holdings Inc., Mercedes Benz, ZFFriedrichshafen AG, Delphi Technologies, WABCO Holdings Inc., BMW AG, Mobileye, Hitachi Automotive, Subaru Corporation, Audi, Nissan Motor Company Ltd, Valeo S.A, Toyota, Honda Motor Company Ltd., Ford Motor Company, Clarion, AB Volvo, General Motors. The Key manufacturers are strongly focusing on the exploitation of detection system in the cars for reducing the pedestrian accidents &ensure the user or car safety.
Pedestrian protection system or PPS is a device fitted over in the front end of a vehicle to protect both cyclists and pedestrians. PPS has sensors that are designed for detecting collisions with pedestrians and an airbag control unit that is accomplished of triggering the actuators for lifting the engine hood. When the device is activated, the rear section of the bonnet gets raised and driver receives an automatic alarm. Systems for instance popup hood & speed airbags, and flexible air tubes are used for pedestrian safety during the time of sudden accidents.


Based on type, global automotive pedestrian protection system market is segmented into automatic braking & collision avoidance, external airbags, brake assist and pop-up bonnets. Based on component type, market is segmented into sensors, control unit, actuators, cameras and others. Based on vehicle type, market is segmented into Internal Combustion Engine (ICE) vehicles, hybrid vehicles and electric vehicles. Based on technology, market is segmented into passive pedestrian protection system and active pedestrian protection system. Additionally, based on distribution channel, market is segmented into aftermarket and OEM.

The automotive pedestrian protection system market is driven by rise in number of road accidents, followed by increase in demand for improved visibility & safety features in vehicles, increase in use of synthetic or computer vision systems on pedestrian protection systems, stringent government regulations, rise in disposable income and high adoption rate of advanced emergency braking & collision control system. However, lower efficiency in bad weather conditions and high integration & maintenance cost may impact the market. In addition, rise in passenger & luxury vehicles registrations and increase in automotive safety norms are key opportunities for market.

Based on geography, the European region holds major share in automotive pedestrian protection system market owing to increase in technological developments in the region. The North-America and Asian-Pacific regions are also expected to witness higher growth rate due to stringent government regulations coupled with urbanization and economic growth over the forecast period. It is anticipated that market will be increase at a rapid pace on an account of increase in awareness towards people safety over the forecast period.

For more information on the research report, refer to below link:
Global Automotive Pedestrian Protection System Market

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249
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Wednesday, August 7, 2019

Increase in Prevalence of Cardiovascular, Neurology, and Urology Disorders Coupled with Growth in Frequency of Minimally Invasive Procedures and Rapid Adoption of Innovative Technologies Such as Intravascular Imaging Catheters is Set to Drive Global Catheters Market Over the Forecast Period: Ken Research

Catheter is a type of medical device which is a thin tube made from the high-graded material. Cather is used in the healthcare industry for delivering gases or fluids, medications to the patients. It is also used for exhausting bodily liquids like urine. It is inserted in the patient’s body for therapeutic & diagnostic purposes. Some side-effects are included fever, cloudy urine due to pus, headache, foul-smelling urine and burning of the urethra or genital area etc.

According to study, “Catheters Market Information, By Type (Cardiovascular Catheters, Specialty Catheters, Intravenous Catheters, Urinary Catheters, Neurological Catheters), By End Users (Hospitals & Clinics, Ambulatory Surgical Centers, and others)- Global Forecast till 2023” some of the major companies that are currently working in the global catheters market are Medtronic plc, Becton, Dickinson and Company, B. Braun Melsungen AG, Koninklijke Philips N.V, Boston Scientific Corporation, Abbott Laboratories, Johnson & Johnson, Stryker Corporation, Convatec Corp., Hollister Inc., ACIST Medical Systems, Terumo Corporation, Cure Medical LLC., Teleflex Incorporated, Edwards Lifesciences Corporation, Manfred Sauer GmbH, Wellspect Healthcare GmbH, Cook Medical Inc., Smiths Medical Inc., Covidien AG, Coloplast Corp., LuMend Corporation.

Based on product type, global catheters market is segmented into urology catheters, cardiovascular catheters, intravenous catheters, specialty catheters and neurovascular catheters. Urology catheters are further sub-segmented into peritoneal catheters, hemodialysis catheters, intermittent catheters, foley catheters and external catheters. Cardiovascular catheters are further sub-segmented into Percutaneous Transluminal Coronary Angioplasty (PTCA) balloon catheters, electrophysiology catheters, PTA balloon catheters, Intravascular Ultrasound (IVUS) catheters and others. Intravenous catheters are further sub-segmented into midline peripheral catheters, peripheral venous catheters (short catheters & integrated catheters) and central venous catheters. In addition, specialty catheters are further sub-segmented into oximetry catheters, wound/surgical catheters, Intrauterine Insemination (IUI) catheters and thermodilution catheters. Based on material, market is segmented into plastic, polyvinyl chloride (PVC), silicon rubber, and nylon. Based on distribution channel, market is segmented into retail stores, hospital stores and others (online stores). Additionally, based on end-use, market is segmented into ambulatory surgical centers and hospitals & clinics etc.

The catheters market is driven by rise in demand for the antimicrobial catheters, followed by growth in usage of the advanced materials in the catheters, increase in prevalence of cardiovascular, neurology, and urology disorders, rise in medical tourism, growth in frequency of minimally invasive procedures, increase in geriatric population and rapid adoption of innovative technologies such as intravascular imaging catheters. However, presence of the substitutes, inadequate quality assurance and risk of infection may impact the market. Moreover, new advancements in catheterization devices and increase in reimbursement levels are some key opportunities for market.

Based on geography, the North-American region holds major share in catheters market owing to the presence of multi-national manufacturers, followed by sophisticated healthcare infrastructure along with high product awareness levels in the region. Asia-Pacific region is expected to hold significant share due to favorable government policies and growth in product launches & approvals over the forecast period. The market is anticipated to grow at the CAGR of 6.14% during the forecast period and is expected to reach US $49,731.9 million by 2023.

For more information, click on the link below:
Global Catheters Market

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Ken Research                                   
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
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Changing Dynamics of the Catering Services and Food Contractors Global Market Outlook: Ken Research

According to the report analysis, ‘Catering Services And Food Contractors Global Market Report 2019’ states that the catering services and food contractors market contains of sales of single event-based food services or food services at institutional, governmental, commercial, or industrial positions of others based on contractual arrangements with these types of organizations for a quantified duration of time by entities (organizations, sole traders and partnerships) that deliver the single event-based food services or food services at institutional, governmental, commercial, or industrial positions of others based on contractual preparations with these varieties of the organizations for a identified duration of time.

Additionally, solely, the food catering aims on the quality of food, the prep, the catering menu, the cooking and the delivery or service and vacuuming. The depending on the level of service you indicate that may also involve glasses, china, linens, silverware and all the other dinner prerequisites. Meanwhile, many of the catering corporates also suggest event planning services, stringently speaking, full-service catering doesn’t involve event coordination.
The entire market of catering services and food contractors has been functioned by the infrastructure which has led to an augment in the construction happenings which in turn compel catering services for the labor camps. For instance, the industrial caterers and food contractors proficiently function catering demands of several remotely positioned industries involving manufacturing plants, factory and mining sites and oil and gas station.
The construction sector in the UAE region is majorly function of the contract catering which is predisposed by the growing population and increasing urbanization introducing more demand for housing construction. Furthermore, in the catering services and food catering market, there are several key players which significantly functioning for leading the fastest market growth and dominating the handsome value of market share across the globe in the coming years while increasing the catering services, developing the applications of technologies for delivering the better consumer services and fulfilling the consumer demands includes Compass Group plc, Sodexo, Aramark Corporation, Elior Group, Delaware North and several others.
Based on the region, the Western Europe region was the foremost region in the global catering services and food contractors market, registering for 33% of the market in 2018. North America was the second highest region dominating for 29% of the global catering services and food contractors market. The Africa country was the smallest region in the global catering services and food contractors market.
Furthermore, the delivering excess and leftover food to the dispossessed and needy is increasingly popular among catering services and food service contractors. According to the Environmental Protection Agency the USA has about 35 million tons of leftover food annually with 48 million Americans living in food-insecure ménages. To challenge this, Starbucks is scheduling to deliver nearby 5 million meals to food banks in the USA in its place of pitching the food away. This figure is anticipated to increase to 50 million meals in the next five years. In Australia, the Australian airlines contribute the surplus food to homeless individuals. Historically the unwanted food was overcooked after the accomplishment of each flight, but now the Australian airlines is distributing the surplus and unwanted food to charity organizations. Therefore, in the near years, it is anticipated that the market of catering services and food contractors will increase across the globe more significantly over the coming years.
To know more, click on the link below:-
Global Catering Services and Food Contractors Market
Related Reports:-
Global Catering Services and Food Contractors Industry Market Research Report
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Indonesia Financial Brokerage Market Outlook to 2023: Ken Research

The report titled “Indonesia Financial Brokerage Market Outlook to 2023– By Equity and Debt Investments Traded Value, Revenue, and Frequency of Transactions and By Local and Global Brokerage Firms” provides comprehensive information on the Indonesian Financial Brokerage market overview and genesis, Indonesia Financial Brokerage market segmentation by type of investment category on the basis of revenue contribution, traded value, and frequency of transactions (equity and debt) and its subtypes and by type of brokerage firms on the basis of revenue contribution (local firms and global firms). The report also covers the market ecosystem, economic analysis of Indonesia and comparison with other Emerging economies of South-Asia, competitive landscape including company profiles and cross-comparison among market players on key operational, profitability, customer base and financial parameters, growth drivers, recent developments, issues and challenges, decision-making criteria for customers while choosing a brokerage firm and snapshots on Investor profile in Indonesia and Sharia Capital Market Trading. The report concludes with the future outlook of the financial brokerage industry in Indonesia and certain recommendations including a success case study of Zerodha India Financial Brokerage Market highlighting the key strategies for entering and remaining profitable in the highly fragmented market.
Indonesia Financial Brokerage Market
Indonesia Financial Brokerage Market Overview and Size
Indonesia Financial Brokerage market was observed in a growing stage wherein the market experienced slow growth during the review period 2013-2018. During 2013-2015, a decline in growth rate was observed in Indonesia Financial Brokerage market due to the external factors of a slowdown in the Chinese economy, placing of restrictions on funds borrowing by the Federal Reserve and capital flight from Indonesia’s economy which led to increasing interest rates by the Bank of Indonesia. The phase also experienced presidential and parliamentary elections and continued low awareness among the investors regarding the financial markets. Despite the decline, the financial brokerage industry started recovering in 2016 and has been experiencing a positive CAGR growth to date. Major growth drivers include a stable positive economic outlook of Indonesia, the inflow of foreign investment, a rising number of global strategic partnerships by the brokerage firms, low market capitalization, and others.
Indonesia Financial Brokerage Market Segmentation
By Type of Investment Category (Equity and Debt): Equity Investment Category captured the majority of the market share in terms of revenue contribution and frequency of transactions in Indonesia during 2018 owing to the high liquidity level, increased investment by asset managers of Mutual Funds and rising number of IPOs in the country. In the equity investment category, stocks were the dominant category followed by Rights, Warrants, ETFs and REITs in terms of the revenue contribution to the industry. The remaining market share was captured by the debt investment category including government and corporate bonds during 2018.
By Type of Brokerage Firms (Local Firms and Global Firms)
During the year 2018, the industry revenue was dominated by the local brokerage firms owing to the established branch network, company’s reputation among domestic investors, competitive pricing for online trading and quality of services offered by the firms. However, the entry of global brokerage firms and the increasing level of foreign portfolio investors have been posing a challenge to the dominance of local brokerage firms.
Comparative Landscape in the Indonesia Financial Brokerage Market
The competitive landscape of the industry is characterized by a highly fragmented market structure with 104 brokerage firms competing majorly on the basis of transaction charges, service portfolio, and quality of services, firm’s reputation and online trading facilities for retail clients. Among the local brokerage firms, the leading player in the market is Mandiri Sekuritas in terms of revenue contribution to the industry whereas CGS-CIMB has the highest revenue market share among the global firms.
 Indonesia Financial Brokerage Market Future Outlook and Projections
Over the forecast period 2018-2023, the Indonesia Financial Brokerage market is predicted to grow in terms of revenue because of the stable positive economic outlook of the country, improve in the country’s rating, the anticipated increase in the foreign portfolio investments, increasing penetration rate among the domestic investors, rising number of IPOs, capital requirements of the government for infrastructure building and the boom in the mutual fund's segment of the capital market.
Key Segments Covered:-
By Type of Investment Category:
Equity Investment
Stocks
Rights
Warrants
ETFs
REITs
Debt Investment Category
Government Bond
Corporate Bond
By Type of Brokerage Firms:
Local Firms
Global Firms
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2018-2023
Companies Covered:-
Mandiri Sekuritas
CGS-CIMB Sekuritas Indonesia
UBS Sekuritas Indonesia
Mirae Asset Sekuritas Indonesia
Indo Premier Sekuritas
Yuanta Sekuritas Indonesia
Macquarie Sekuritas Indonesia
Valbury Sekuritas Indonesia
Trimegah Sekuritas Indonesia Tbk
Citigroup Indonesia
Key Topics Covered in the Report:-
Economic Analysis of Indonesia
Cross Comparison of Indonesia with other South Asian Emerging Economies
Indonesia Financial Brokerage Market Ecosystem
Indonesia Financial Brokerage Market Overview and Genesis
Business Models in the Indonesia Financial Brokerage Market
Snapshot on Investor Profile in Indonesia Financial Brokerage Market
Indonesia Financial Brokerage Market Size, 2013-2018
Indonesia Financial Brokerage Market Segmentation, 2013-2018
Snapshot on Sharia capital market Trading
Growth Drivers in the Indonesia Financial Brokerage Market
Recent Developments in the Indonesia Financial Brokerage Market
Issues and Challenges in the Indonesia Financial Brokerage Market
Customer decision making criteria in the Indonesia Financial Brokerage Market
Competitive Landscape in the Indonesia Financial Brokerage Market
Indonesia Financial Brokerage Market Future Outlook and Projections, 2019-2023
Analyst Recommendations in the Indonesia Financial Brokerage Market
Case Study of Zerodha’s success in Indian Financial Brokerage Market
For More Information, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Location: Indonesia

Massive Industrial Growth, Followed by Growing International Passenger & Freight Traffic, Economic Development & Rising Income of Middle-Class to Drive the Lubricants Market: Ken Research


Lubricants are substances used for reducing friction, wear & tear of the operating parts of machines. The property of reducing the friction is known as slipperiness or lubricity. Lubricants are classified into solid lubricants (chalk & wax), semi-solid lubricants (Vaseline & grease), liquid (petroleum oil, vegetable oil and emulsions), and gaseous based on the state of its use. The use possesses property for instance high boiling point, corrosion prevention, low freezing point, high viscosity index, thermal stability, and high resistivity to oxidation. They enlarge the shelf-life of mechanical parts, thus providing higher efficiency. These are employed to ease smooth operation of mechanical parts & eliminate any excesses deposited on these parts.

According to study, “Automotive Engine Oil Market” some of the major companies that are currently working in the Global lubricant market are Al Jomaih and Shell Lubricating Oil Company Limited, Abu Dhabi National Oil Company, Alhamrani-Fuchs Petroleum Saudi Arabia Limited, BP, Co-operation Petroleum Co. (Copetrole), Behran Oil Company, Emarat Misr, Emirates National Oil Company, Emirates Lube Oil Co. Ltd., ExxonMobil, Misr Petroleum Company, Iranoil Oil Company, NAFTAL, Petromin Corp., Pars Oil Company, Sepahan Oil Company, ADNOC, Chevron, Total, ENOC, Castrol, Rulexx Lubricants and Grease Ind llc, LUKOIL, MAG Lubricants, Lubrex FZC, DANA Lubricants, AXCL Lubes, Sharafco Group of Companies, Emirates Lube Oil Company Ltd., Atlantic Grease and Lubricant, Crystal Petroleum, SHARLU, Petrotek, Aljazeera Lubricants LLC, Universal Lubricants, Stanley Lubricants.

Based on the type, lubricant market is segmented into synthetic lubricant, semi-synthetic lubricant and mineral lubricant. Mineral products include large number of hydrocarbon compounds & organic compounds of sulfur, oxygen, and nitrogen. These hydrocarbons can outcome in the development of acid, dirty oil, and oxidation instability. Based on the product type, the market is separated into automotive oils, metalworking fluids, industrial oils, hydraulic oils, marine oils, process oils, and greases & others. The automotive engine oil market segment is further sub-segmented into transmission oils and engine oils. Based on the additives, market is segmented into dispersants, detergents, viscosity index improvers, anti-wear additives, friction modifiers, antioxidants and others.

Based on technology, market is segmented into fractionating, sedimentation, additives or inspection & packaging and filtering & solvent extractions etc. Based on vehicle types, market is breakdown into light commercial vehicles (LCVs), passenger cars, heavy commercial vehicles (HCVs), and others (motorbikes). Based on channel of distribution, the market is divided into direct sales, workshops and dealer network. Based on application, market is defined as industrial machinery & equipment and transportation (passenger vehicle, commercial vehicle, aviation and marine).

The lubricant market is primarily driven by the massive industrial growth, followed by growing international passenger & freight traffic, economic development & rising income of middle-class people and increase in export of minerals & crude oil to drive the lubricant’s demand in the marine sector. Apart from the major benefits, other key restraints impacting the market may include political unrest in some of the region’s countries, lack of awareness among automotive lubricant consumers and increasing use of synthetic & semi-synthetic lubricants.

To know more, click on the link below:-
Market Share Major Companies Lubricant Industry

Related Report:-
India Industrial Lubricants Market Outlook to 2023 - Expected Tailwinds from Construction, Automotive and Tire Manufacturing along with Surging Penetration from International Companies

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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