The report
titled “Malaysia
Industrial Lubricants Market Outlook to 2023 - By Origin (Mineral Lubricants, Semi-Synthetic Lubricants and Synthetic
Lubricants), By Industrial Lubricants (Hydraulic Oils, Industrial Greases,
Metal Working Fluid/Cutting Oil, Industrial Gear Oil, Turbine Oil, Compressor
Oil and Others), By End Users (Construction & Mining, General
Manufacturing, Power Generation, Metal Production, Food Processing, Cement
Industry and Others), By Distribution Channel (Direct Sales and Dealer Network)” covers market size by sales
value and volume of industrial lubricants in Malaysia along with market
segmentation by origin, by type of industrial lubricant, by end user
industries, by distribution channel, by origin of sales and by type of
packaging. The report also covers emerging growth drivers and trends; issues
and challenges; decision making parameters; and competitive landscape of major
players in the market with special focus on Idemitsu, PETRONAS, Polilube
Italia, Shell, Chevron, TOTAL, ExxonMobil and BP Castrol. The interpretation
explores detailed analysis of end user industries in Malaysia including mining,
construction, power generation, manufacturing, metal production, steel
production, and cement industry, future
outlook & projections along with analyst recommendation & macroeconomic
variables highlighting the major opportunities & cautions to the reader.
Malaysia
Industrial Lubricants Market Overview:
Malaysia
industrial lubricants market has been observed to be in growth phase and the industry is meeting demand expectations of
every end user industry majorly by importing base oil from foreign countries
and domestically producing industrial lubricants in the country. During 2013 to
2018, the market experienced a cumulative growth rate of about 3% owing to
factors such as increasing demand from end user industries, new industrial
policies, introduction of bio based lubricants, increase in number of players
in the market and others similar factors.
Malaysia
Industrial Lubricants Market Segmentation:
By
Origin (Mineral Lubricant, Semi-Synthetic Lubricant and Synthetic Lubricant): Due
to low cost and easy availability, mineral based lubricants were observed to
dominate the market followed by semi synthetic and synthetic lubricants with
respect to total sales volume in the country.
By
Type of Industrial Lubricants (Hydraulic Oils, Industrial Greases, Metal
working Fluid/Cutting Oil, Gear Oil, Turbine Oil, Compressor Oil and Others): In
2018, Hydraulic Oil occupied largest share in total sales volume of industrial
lubricants in Malaysia owing to usage in multiple end user industries including
mining, construction, power generation and others. In terms of market share
basis sales volume, hydraulic oil was followed by turbine oil with major
application areas including power generation, marine, shipping, aviation and
others.
By
End User Industries (Construction & Mining, General Manufacturing, Power
Generation, Metal Production, Food Processing, Cement Industry and Others): Construction
and Mining, being one of the major activities in Malaysia occupy highest share
in terms of sales volume of industrial lubricants in the country, it was
followed by General Manufacturing with usage in manufacturing of paper,
plastic, rubber, textile, automotives and others. Industrial lubricants which
are highly demanded in these segments include hydraulic oil, industrial greases
and compressor oil. Other industrial end users include cement industry, power
generation, metal production and food processing who occupied the rest of the
market share in the country.
By
Sales Channel: Industrial Lubricants in
Malaysia are mainly distributed through two channels, i.e. direct sales and
through dealer networks. Major players such Shell, TOTAL, Idemitsu, Chevron and
others mainly undertake their sales through both direct and indirect channels
depending upon the end user industry, they are serving. In Malaysia, dealer
network is most preferred channel of sales followed by direct sales.
By
Type of Packaging: Barrels & Drums with a
holding capacity of 200-210 liters were observed to dominate the market in
terms of sales volume owing to the fact that industrial lubricants are mostly
demanded in large quantities therefore end users mostly demand drums as their
preferred mode of packaging. Apart of this, small packets with holding capacity
of 20 liters or 18 kg were the second most preferred form packaging.
By
Origin of Sales: In
Malaysia, Kuala Lumpur, Sabah and Sarawak region were observed to be the three
main sales clusters. With most of
the manufacturing facilities located in Kuala Lumpur, it occupies the highest
share in terms of sales volume of industrial lubricants in Malaysia. Sabah and
Sarawak region are mostly used as import destinations with distribution networks
spread across the country.
Competitive
Landscape in Malaysia Industrial Lubricants Market:
The competition
in Malaysia industrial lubricants market is concentrated with major players
including PETRONAS, Shell, TOTAL dominating the market with major competing
parameters including price, quality, after sales support, distribution network
and others. With major end user industries located in Perak, Johor, Kuala
Lumpur and Pahang, majority of industrial lubricants sales were observed in
these areas. The major parameters on the basis of which the players in the
market compete with each other are product price, product quality, after sale
services, marketing strategies, product range and specification/technical
grade, distribution network and terms of payment.
Malaysia
Industrial Lubricant Market Future Outlook and Projections:
Over the
forecast period of 2019-2023, the Malaysia Industrial Lubricants market is
expected to grow in terms of both sales value and sales volume. Major factors
expected to contribute to growth include increasing demand through upcoming
construction projects in Malaysia, boost in foreign investments, revival of tin
mining and others. The sales volume is expected to further increase with entry
of new domestic and international players in the market as well.
Key
Segments Covered:-
Malaysia
Industrial Lubricants Market
By
Origin
Mineral
Lubricant
Semi
Synthetic Lubricant
Synthetic
Lubricant
By
Type of Industrial Lubricants
Hydraulic
Oil
Industrial
Greases
Metal
working Fluid/Cutting Oil
Gear
Oil
Turbine
Oil
Compressor
Oil
Others
By
Industrial End Users
Construction
& Mining
General
Manufacturing
Power Generation
Metal Production
Food Processing
Cement Industry
Other End Users
By
Sales Channel
Direct
Sales
Dealer
Network
By
Origin of Sales
Kuala
Lumpur
Sabah
Sarawak
By
Type of Packaging
Barrels &
Drums
Small Packs
IBC
(Intermediate Bulk Containers)
Key Target Audience:-
Industrial Lubricant
Manufacturers
Industrial Lubricant
Importers
Industrial Lubricant
Distributors
Government and
Regulatory Authority
Construction Companies
Textile Companies
Cement Companies
Mining Companies
Paper and Pulp
Manufacturers
Power Generation
Companies
Steel Manufacturers
Investors and VC
Firms
Time Period Captured in the Report:-
Historical Period: 2013- 2018
Forecast Period: 2019E - 2023E
Companies Covered:-
Idemitsu
(Malaysia) Lube Sdn. Bhd.
PETRONAS
Lubricants Marketing Malaysia Sdn
Polilube
Italia Sdn. Bhd.
Shell
Malaysia Ltd.
Chevron
Malaysia Limited
TOTAL
Oil Malaysia
ExxonMobil
Exploration & Production Malaysia Inc.
BP
Castrol Lubricants (Malaysia) Sdn Bhd
Key Topics
Covered in the Report:-
Executive Summary
Research Methodology
Malaysia Industrial Lubricants Market Overview and Genesis
Malaysia Industrial Lubricants Market Ecosystem
Value Chain Analysis in Malaysia Industrial Lubricants Market
Malaysia Industrial Lubricants Market Size, 2013-2018
Malaysia Industrial Lubricants Market Segmentation
Regulatory Landscape in Malaysia Industrial Lubricants Market
Trends And Developments in Malaysia Industrial Lubricants
Market
Issues And Challenges in Malaysia Industrial Lubricants
Market
End User Analysis in Malaysia Industrial Lubricants Market
Competitive Landscape in Malaysia Industrial Lubricants
Market
Malaysia Industrial Lubricants Market Future Outlook and
Projections, 2018-2023E
Analyst Recommendations
For more information on the research report,
refer to below link:-
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Reports:-
Contact
Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
