With Clean Energy & digitalization trends in place, massive investment inflow alongside a growth rate of 11% is being anticipated for Africa’s Data Center & Cloud Services Market. Are Policy Reforms the way ahead? : Ken Research

 Africa’s Data Center & Cloud Services market is experiencing a series of digitalization & clean energy reforms with companies anticipated to expand their market share in the upcoming years, says a report by Ken Research

1. “Digitalization as a boon:” African economy has seen a massive breakthrough in terms of digitalization attracting a massive investment inflow.

Recent Trends in African Data Centre Market

In the last couple of years, South Africa has attracted data center infrastructure investments from big tech companies like Google, Amazon, Microsoft, and Oracle, as well as other data center infrastructure companies like Teraco, Africa Data Centers, and Convergence partners. Most of the development is the market is being carried out of as a result of rapid digitalization which means that tons of data is being produced, driving up the demand for public cloud facilities and hyper-availability zones. Companies like Amazon & Microsoft were amongst the first to recognize the massive opportunity in 2019, utilizing local data facilities to power their public clouds in South Africa. Today, over 80% of the space in these facilities is used by these public cloud providers, or hyperscalers as they are known.

2. Clean energy is becoming the trend with African companies opting to integrate clean energy sources.

A new trend has emerged in the African Data Centre market with companies opting for clean energy technologies. Africa Data Centers has a target to power all its data centers with clean, zero-carbon sources of energy. “This new deal will provide over 30% of our South African data centers with renewable energy, a great stride forward in our aim to reach carbon neutrality.”

DPA is a pan-African renewable energy company with key operations in South Africa, Kenya and Zimbabwe whose vision is to power Africa to a brighter future. Commenting on the partnership Norman Moyo, CEO of DPA, said: “Our customers are looking for cost-effective and efficient ways of meeting their green targets and reduce energy costs for their businesses in a climate of increased power shortages. We are excited to embark on this milestone project with Africa Data centers as it will demonstrate our innovation in deploying renewable energy solutions.”

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Time Period Captured in the Report:

• Historical Period:2017- 2022
• Base Year: 2022
• Forecast Period: 2022-2027

Key Target Audience:

• Hospital
• ASC
• Consulting service Providers
• Government
• IT Service providers

Companies Covered:

• Interkel
• NTT Global Data Center
• African data Centers
• Paratus Namibia
• MainOne
• IX Africa
• Icolo

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Africa Data Center and Cloud Service Market

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Thailand Data Center and Cloud Services Market Outlook to 2027

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UAE Data Center and Cloud Services Market Outlook to 2026

What Is The Size Of Belgium Agriculture Machinery Industry?

 Belgium Agriculture Machinery market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027F.

The Belgium Agriculture Machinery Market is largely driven by rising awareness for the advance equipments, increasing demand for agriculture equipment rental services, use of smart farming, integration of Agriculture 4.0 along with strong government support.

The Government of Flanders (Belgium) has signed new agreement with the Food and Agriculture Organization of the United Nations (FAO) to bolster the implementation of the new phase (2022P-2025) of FAO’s Flexible Voluntary Contribution (FVC), which is expected to boost the Belgium Agriculture Machinery market.

Agricultural equipment rental service is being driven mostly by the need to ease farmers' financial burdens rises due to pandemic and to provide better equipment to the farmer for better yield and productivity to meet the market demand and provide a quality product.

Also, Larger farming tools like tillage equipment, mower conditioners, and forage harvesters are not only more expensive but also take longer to produce the required outcomes. As a result, renting farm equipment is offering a better alternative to farmers, thus fueling the Belgium agriculture equipment market.

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Belgium Agriculture Machinery MARKET by Product

The Belgium Agriculture Machinery market is segmented by Product into Tractors, Combine Harvesters, Agriculture Implements and Rice Transplanters. Combine harvesters held the largest market share in the Belgium agriculture machinery market in 2022.

Belgium Agriculture Machinery MARKET by Tractor

The Belgium Agriculture Machinery market is segmented by Tractors into 8HP – 15HP, 20HP – 35 HP, 36HP – 47HP, 48HP – 75HP, 75HP – 100HP, 100HP – 120HP and Above 120 HP.  75Hp – 100Hp were the most preferred tractors in the Belgium agriculture machinery market in 2022.

Belgium Agriculture Machinery MARKET by COmbine Harvesters

The Belgium Agriculture Machinery market is segmented by Combine Harvesters into 70HP and below, 75HP – 105HP and Above 105 HP. 75 Hp – 105HP combine harvesters were the most preferred one according to their crops in 2022.

Belgium Agriculture Machinery MARKET by rice transplanters

The Belgium Agriculture Machinery market is segmented by Rice Transplanters into 4 Row RT, 6 Row RT and 8Row RT. 6 Row RT was the dominant rice transplanters followed by 8 Row RT in Belgium agriculture machinery market in 2022.

Competition Scenario in Belgium Agriculture Machinery Market

Belgium Agriculture Machinery Market is a moderately consolidated market which is still in the growing phase. With Increasing innovation in agriculture sector, integration of Agriculture 4.0 and use of smart farming are some of the factors that will drive the Belgium Agriculture Machinery Market. Some of the major players in the Belgium Agriculture Machinery Market are MTZ (Minsk Tractor Factory), New Holland, ASI, Oliver Farm Equipment Company and John Deere etc.

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What is the Expected Future Outlook for the Overall Belgium Agriculture Machinery Market Across the globe?

The Belgium Agriculture Machinery market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027F, witnessing a CAGR of ~% during the forecast period 2022-2027F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Belgium Agriculture Machinery market is driven by rising awareness for the advance equipments, increasing demand for agriculture equipment rental services, use of smart farming, integration of Agriculture 4.0 along with strong government support. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

The development of cutting-edge technologies is leading to a wide range of notable applications, including crop health monitoring, crop productivity analysis, soil nutrition management, rainfall monitoring, and pest infestation monitoring, which is opening up numerous opportunities for farmers, consumers, and other stakeholder

to increase crop yield and quality. The development of decision support tools, remote monitoring and fertilizing systems, and automated irrigation systems as a result of increased research and development efforts is assisting businesses in reducing costs and maximizing employee productivity. Further drawing significant attention and investment, these cutting-edge technologies have the potential to increase food production while reducing environmental harm.

Furthermore, with the use of Agriculture 4.0 in Belgium agriculture market which includes systems that employ drones, robotics, vertical farms, artificial intelligence, and solar energy, among others which will enables farmers and companies to Integrate digital technology into farming practices which will increase their yields, reduce costs associated with farming, minimize crop damage and optimize usage of fertilizers, water, and fuels. This is also expected to reduce cost and provide high-quality food which will fuel the growth in the agriculture machinery market in Belgium in the upcoming years.

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Future Outlook of Belgium Agriculture Machinery Industry

How Is Asia Pacific Expected To Shape The Future Outlook Of Global Logistics And Warehouse Market In Next 5 Years? Will The Global Market Reach Valuation Of $1 Trillion By 2028: Ken Research

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Global Logistics and Warehouse Market Ecosystem

The Global Logistics and Warehousing Market are highly competitive with ~500 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Logistics and Warehousing. Some of the major players in the market include Deutsche Post DHL Global, XPO Logistics, Ryder System Inc, NFI Industries Inc, Americold Logistics, FedEx Corporation, Lineage Logistics, NF Global Logistics Ltd, APM Terminals, DSV Panalpina AS, MSC Mediterranean Shipping Co. SA

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• Large swings in consumer demand & domestic goods consumption has created resilience against COVID-19 downfall.
• Global exports to China significantly increased in 2021 due to rattling exports of dairy and wood products.
• Demand for Pharmaceutical products along with FMCG and Food products during the COVID-19 pandemic contributed to the high growth of Land Transportation during 2020.

1. Evolving digital technology solutions

• Key warehouse market trends identified by our research include the ability of warehouse service providers to update their value chain procedures via the usage of developing digital technology solutions.
• The growth of corporate software programmes and cloud-based product lines has enabled warehouse service providers to better manage their inventory and test out an on-demand service model for customers to meet the demands of seasonal markets.
• By minimising inventory errors, enhancing resource productivity, assuring end-to-end system transparency, and giving accurate inventory projections for smart demand management, the adoption of digital technology may also help warehouse organisations overcome operational challenges.

Click to know more: Growth Drivers in Logistics and warehousing Industry

2. Big Data is developing reliable warehouse and logistics operations.

• The largest success story for big data in the logistics sector may well be UPS.
• The business has significantly improved operational effectiveness and cost savings through data collecting, analysis, and demand forecasting.
• Around 200 onboard sensors in 80,000 cars track things like speed, braking, location, and idle time.
• Several of the sensors gather diagnostic information on the battery and tyre pressure of the car, enabling preventive maintenance. The objective is to reduce the amount of time a vehicle spends in the shop.

3. Present era, Asia-Pacific dominates the global market for warehouse and storage services.

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Asia-Pacific now holds the largest market share in the world for warehouse and storage services, and it is predicted that over the projected period. Due to the region's high perishable food consumption, refrigerated warehousing techniques are more necessary. Throughout the predicted shelf life of these food products, there will likely be a substantial increase in the number of food and beverage enterprises manufacturing a wide variety of perishable food goods and frozen foods. As part of its warehousing solutions development into the Asia-Pacific region, Rhenus Logistics announced in 2019 that it now provides end-to-end logistics solutions to India, Greater China, Hong Kong, the Philippines, Thailand, Singapore, Malaysia, and Vietnam.

Analysts at Ken Research in their latest publication “Global Logistics and Warehousing Market Outlook to 2028- Driven by the Rising Demand from Manufacturing, F&B, Retail, and other industries along with increasing Government Initiatives to Strengthen the Logistics Infrastructure” observed that Global Logistics Market is in a growing phase. Increasing demand for food, beverages, and manufacturing products in Global and Government support to improve transport facilities are some of the factors that will contribute to the Global Logistics market growth over the period of 2023-2028. It is expected that Global Logistics Market will grow at a positive CAGR for the above-forecasted period.

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Global Logistics Market

The Global Gym Industry Has a Growth Rate Of around 8.5% Per Year in The Upcoming Years, Making It One of the World’s Fastest-Growing Sectors - Ken Research

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The Global Fitness Services Market is fragmented and has high intensified competition within industry players. Top players such as LA Fitness, Life Time Fitness, 24 Hour Fitness, and Anytime Fitness are the key players in Global Fitness Services Market. The market is largely driven by growing awareness about importance of health, the rising disposable incomes worldwide.

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1. The pandemic helped the global fitness app market reach a valuation of nearly $4 billion in 2020.
Fitness Apps Such as Fitbit Cure. Fit and Home Workout and Others are Enabling the Fitness Market to grow more in the coming years. The advent of fitness apps has played a key role in the increased popularity of exercising throughout the nation. This has encouraged health awareness and exercising to become an essential trend, which has been burgeoning among people in the world. The market size of the fitness industry in world reached more than USD 200 billion in 2021, with a robust CAGR.

2. There Are More Than 180 Mn Gym Members in Total Worldwide: Showing Growing Health Awareness Amongst the People.

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Fitness industry is growing to be biggest in the world as more and more people are increasingly taking up gym membership in lieu of growing health awareness and stress management. During the forecast period, the increasing sense of health-consciousness amongst the consumers is expected to stimulate the demand for taking fitness services.

3. There Are More Than 200,000 Gyms Available to Members Worldwide.

Fitness clubs provide customers with the infrastructure for their workouts and physical activity in exchange for a membership fee. The market size of the global fitness industry has been steadily increasing in recent years. Some of the largest health clubs worldwide in terms of revenue include 24 Hour Fitness and Life Time Fitness. At the very top of this list sits LA Fitness, which generated revenue exceedingly around 2 billion U.S. dollars in 2018. Moreover, the country with the most gyms is the United States with 41,370 locations. Brazil has the 2nd most gyms with around 29,000 and Mexico has the 3rd most with around 12,000.

For more insights on market intelligence, refer to the link below: –

Global Fitness Service Market

Global Industrial Packaging market is growing at a double digit CAGR in 2017-2022 and is expected to reach USD ~ Bn by 2027 – Ken Research

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What Is The Size Of Global Industrial Packaging Industry?

The Global Industrial Packaging Market is largely driven by changing demand for sustainable and recyclable industrial packaging products keeping in view the health and environmental issues.

Global Industrial Packaging Market is at a growing stage. It is a fragmented market with the presence of many packaging companies. The packaging market has seen emergence of abundant players in the past 5 years and the industry will further boost owing to the needs and wants of consumers for a more personalized learning platform.

Few major global Industrial players are WERIT Kunststoffwerke W. Schneider GmbH & Co, Mondi Plc, Greif Inc, Mauser Packaging Solutions, WestRock Company. The high growth rate can be attributed to many middle-income groups in developing countries like India, a preferred market for vendors.

An increase in awareness and lifestyle changes is the fundamental driver of Packaging market growth. Customers are more likely to remain loyal when their needs are customized. Depending on the size, texture, color, and design of the beverage packaging, the packaging solutions can be customized.

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Global Industrial Packaging Market by product type

The Global Industrial Packaging market is segmented by product type. Corrugated boxes were the most dominant form of provider used in the global beverage market in 2022.

Global Industrial Packaging market by kind of material

The Global Industrial Packaging market is segmented by kind of material into Plastic, Wood, Metal, Paperboard and Others. Paperboard was the most dominant in 2022.

Global Industrial Packaging Market By End User

The Global Industrial Packaging market is segmented by End User into Food & beverage, Automotive, Pharmaceutical, Chemical, Oil & Lubricant, Building & Construction, Others. Food & beverage was the most preferred form of course in 2022 in Global Industrial Packaging market.

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Global Industrial Packaging Market By Region

The Global Industrial Packaging market is segmented by Region into North America, Europe, Asia Pacific, Middle East & Africa and South America. Asia Pacific held the major market share in Global Industrial Packaging market in 2022.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Packaging Machinery Manufacturers
• Packaging Machinery Investors
• Packaging Machinery Providers
• Packaging Machinery Suppliers
• Packaging Machinery Components Suppliers
• Allied Industries of Packaging Machinery
• Government Ministries and Departments of Engineering Industry
• Packaging Machinery Research and Development Companies
• Potential Entrants into Packaging Machinery Industry

Time Period Captured in the Report

• Historical Period: 2017-2022
• Base Period: 2022
• Forecast Period: 2022-2027

For more insights on market intelligence, refer to the link below: –

Global Industrial Packaging Market

Exide industries: Assumed Li-ion Battery Business Shines with Rs1700 Crore Revenue – Ken Research

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Exide Industries, a prominent player in the storage battery market, confidently asserts its substantial lead over competitors in the lithium-ion battery business. To solidify its position, the company established a wholly-owned subsidiary called Exide Energy Solutions in 2022, anticipated to commence operations by the end of FY25, the cell manufacturing factory represents a significant investment of ~Rs4000 crore in its initial phase.

The current order book for the Exide industries module and pack making facility amounts to ~600-700 crore. These orders are expected to be fulfilled within the next 12-15 months. The company is geared up to execute these orders efficiently, ensuring timely delivery and meeting customer requirements.

1. Joint Venture: A Game-Changing Move?

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In a strategic move to enter the lithium-ion battery systems and energy solutions sector and tap into India's electric vehicle market, the company established a joint venture with Leclanché SA, headquartered in Switzerland. The joint venture has come into market in June 2018, the joint venture has been actively involved in manufacturing lithium-ion battery modules and packs in Gujarat. Nexcharge has so far invested INR~2.5 Bn in building and setting up the plant which has also have cell testing lab.

2. Will Exide Industries Benefit from Governmental Reforms?

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The Central Government recently approved a PLI scheme on such batteries. The scheme outlay of Rs 18,100 crore is intended to establish 50 Giga Watt Hour (GWh) of advanced cell chemistry and 5 GWh of niche advanced cell chemistry. Exide is currently rising the game by setting-up a green-field multi-gigawatt lithium-ion cell manufacturing unit in Karnataka. The total estimated cost for the project is INR 6000 Cr.

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India EV lithium battery Market

With a CAGR of 5.4% between 2017 & 2021 Innovative Warehousing technologies are changing the warehousing ecosystem for good. Is it a feasible solution for long term growth? – Ken Research

 1. Increasing demand for cold chain facilities coupled with investments in automated warehousing facilities are gaining traction in UAE warehousing market.

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Manufacturers and logistics companies are adopting advanced technologies for improved productivity & efficiency, improved customer experience, pushing advanced inventory control high up the industry agenda and sharpening cost-control, space optimization and competitiveness. Increasing demand for food quality, availability, and delivery has resulted in the rising importance of cold chain warehousing facilities in the global food distribution sector. Moreover, increasing demand for food quality, availability, and delivery has resulted in the rising importance of cold chain warehousing facilities in the global food distribution sector.

2. Increased Automation due to rising Investment in Newer Technologies is driving the demand for Modern Warehouses in UAE

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Next generation supply chains in UAE are utilizing robotics and automation to perform task such as picking, sorting, inspecting, handling to improve overall efficiency and speed to market. Some warehouses are turning to autonomous vehicles to bring merchandise to sortation while Drones & RFID will be used for Inventory Management. The opportunities seem endless which will result in greater efficiency and productivity.

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UAE Logistics Market Report

The Global Industrial Packaging Industry generated $ 60 Bn revenue in 2022-How will the market further shape in future? Ken Research

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Increasing industrialization, growing e-commerce sector, shift towards sustainable packaging and Healthcare industry expansion are major factors contributing towards development of Global Industrial packaging Market.

1. The COVID-19 pandemic has had both positive and negative impacts on the Industrial Packaging Market.

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There is growing demand for customized packaging. Industries are increasingly adopting customized packaging solutions to meet specific product requirements and enhance brand differentiation. Customization offers benefits such as improved product presentation, better shelf visibility, and enhanced consumer engagement. The healthcare industry's growth, driven by an aging population, advances in medical technology, and increasing healthcare spending, has contributed to the demand for specialized packaging solutions for pharmaceuticals, medical devices, and healthcare products.

2. Recycling and environmental concerns associated with the Industrial Packaging Market.

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According to the World Economic Forum, every year, at least 8 Mn tons of plastic leaks into the ocean, which is equivalent to dumping the contents of one garbage truck into the ocean every minute. This is expected to increase to two per minute by 2030 and four per minute by 2050, which can destroy the ecosystem. About 90% of all the trash in the oceans is from plastic. Estimates suggest that industrial packaging represents the major share. Hence, recycling becomes a major challenge in the industrial packaging industry, which provides re-use value, and results in lower wastage.

3. The role of Government around the world in Global Industrial Packaging Market

Governments around the world are implementing regulations to ensure that industrial packaging materials are safe for consumers and the environment. These regulations are observed to boost the production of industrial packaging in a sustainable way. Along with the rising demand for sustainable packaging solutions from multiple industries, technological advancements in packaging solutions are observed to fuel the market’s growth. Technological advancements have led to the development of new packaging materials, such as biodegradable and compostable materials, which are environmentally friendly and have better properties than traditional packaging materials.

For more insights on market intelligence, refer to the link below: –

Global Industrial Packaging Market

 

UAE’s Logistics Market to grow at the rate of 7.5% in the upcoming period between 2021-2026 owing to government initiatives such as Expansion of sea ports alongside technological innovations such as Real-Time Tracking : Ken Research

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History of steady growth alongside a positive future forecast provides UAE’s logistics Market increasing confidence & interest of stakeholders, says a report by Ken Research

1. Expansion of existing sea ports, emergence of e-commerce sector coupled with rising maritime, air cargo & land transport sector serves as major catalyst for the growth and development of logistics industry in UAE.

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The government of UAE is aiming to establish it as a Logistics Hub by huge investments in the infrastructure. Initiatives such as development of sea ports (USD 1.09 Billion to enhance logistical infrastructure for serving trading operations) alongside a growing pharmaceutical & maritime industry will help UAE government to achieve the economic growth targets by 2040. The country’s strength lies mainly in its maritime sector. As per relevant data, the Bunker Supply Index ranked UAE 3^rd globally in transport services and 5^th globally as a key competitive maritime hub. As of 2022, there were more than 10 million cubic meters of crude and oil products storage capacity at Fujairah, making Fujairah the world’s No. 3 bunkering hub, which contributes in strengthening UAE’s position as a reliable supplier of crude oil. All in all, the country has a huge potential when it comes to expansion of its logistics sector.­­­­

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2. “Integrating Technology to market’s growth prospects:” With the increasing technological innovations and advancements across the world, logistics sector in UAE is also getting benefitted.

Technology options such as Real Time Tracking, Control Tower, smarter operations & greater service quality serve as a major benefit for UAE’s Logistics Market. A major benefit of technologies such as warehouse Management System is that) it further optimizes and accelerates key warehousing tasks by directing receiving, put-away, picking, packing, shipping and space utilization along optimized routes is that they have a large Shipper and Trucker Base and offer services such as Freight Listing, Freight Brokerage and Online Transactions to earn revenue. All in all, technological innovations are anticipated to be inculcated deep into the logistics systems in UAE.

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Technological Trends in UAE’s Logistics Market

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Global Lubricants Market by Type of Lubricant (Automotive Lubricant)

The Global Automotive Lubricants market is segmented by type of lubricant into Passenger oil, heavy duty diesel engine oil, hydraulic oil, gear oil & greases. Motor oil is projected to dominate the Global lubricants market in the upcoming years.

Global Lubricants Market By Type Of End Use (Industrial Lubricant)

The Global Industrial Lubricants market is segmented by type of end use into Metal production, general manufacturing, food industry, commercial & others. Transportation is anticipated to be the largest end –use industry. The high demand can be attributed to high demand in railway, aviation & marine sector.

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Global Lubricants Market by Type of END USE (Automotive Lubricant)

The Global Automotive Lubricants market is segmented by type of end use into Commercial vehicle, passenger car, motor cycle, marine, others. Commercial segment is expected to grow at a fast pace. Reason being, rapid industrialization.

Competition Scenario In Global Lubricants Market

The Global Lubricants market is consolidated with major players occupying almost half of the market. The key players operating in the market are not only competing based on product quality and promotion but are also focusing on strategic moves to hold larger market shares. The major companies dominating the Global Lubricants market for its products, services, and continuous product developments are Castrol, Saudi Aramco, Chevron, Gulf, Fuchs, Petromin, Valvoline, Total Energies among others.

What is the Expected Future Outlook for the Global lubricants Market Across the globe?

The Global lubricants market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global lubricants market is driven by is driven by rapid industrialization, rise in process automation in most of the industries & an increase in the number of on-road vehicles. Moreover, an ever-evolving e-commerce sector & demand for renewable energy serve as major opportunities for the market. However, volatile crude oil prices & environmental norms can possibly hinder the market growth.

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The Global Lubricants market is expected to grow at a steady rate during the period 2022-2027. The market is driven by rapid industrialization, rise in process automation in most of the industries & an increase in the number of on-road vehicles. Moreover, an ever-evolving e-commerce sector & demand for renewable energy serve as major opportunities for the market. However, volatile crude oil prices & environmental norms can possibly hinder the market growth. The rising possession of passenger cars & rapid industrialization is expected to contribute to the market growth over the forecast period. The market is expected to grow at a ~% CAGR during 2022-2027 owing to high penetration with multiple players.

Key Target Audience

• Lubricants Manufacturers
• Lubricants Distributors
• Base-oil Companies
• Additive Companies
• Refining Companies
• Construction and Mining Industry
• General Manufacturing Industry
• Metal Production Industry
• Power Generation Industry
• Food Processing Industry
• Agriculture Industry
• Medical Industry
• Automotive OEMs

Time Period Captured in the Report:

• Historical Period:2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027

For more insights on the market intelligence, refer to the link below:-

Global Lubricants market

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