[Research Report] The wind turbine lubricants market size is expected to grow from US$ 180.78 million in 2022 to US$ 326.56 million by 2028; it is estimated to record a CAGR of 10.4% from 2022 to 2028.
Wind turbine lubricants play an important role in the operation, maintenance, and reliability of equipment in wind farms. Wind turbines have various lubrication points such as gearbox, open gear, pitch gear, pitch bearing, yaw bearing, hydraulic systems, and generator bearings. Different lubricants used in wind turbines are gear oils, hydraulic oils, and greases. Gear oil is used for lubricating gearboxes. In wind turbines, grease is used on the main rotor shaft bearing, yaw bearing, pitch drive gears, blade bearing, and generator bearing.
The global wind turbine lubricants market share for the Asia Pacific was the largest in 2022. The wind turbine lubricants market in Asia Pacific is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China is a major contributor to the market growth in this region. The country has been the world's largest and fastest-growing producer of renewable energy for more than a decade. Moreover, it has the world’s largest wind energy market. China remained the world’s largest market for new onshore additions in 2020, driven by the feed-in tariff (FiT) cut-off. India also recorded remarkable growth of the wind power industry due to various favorable policies and regulations adopted by the national and state governments. Moreover, countries such as Taiwan, South Korea, Vietnam, and the Philippines are also taking various initiatives to further their installed wind capacities, adding to the region's demand for wind turbine lubricants.
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Wind Turbine Lubricants Market: Strategic Insights
Market Size Value in US$ 180.78 million in 2022 Market Size Value by US$ 326.56 million by 2028 Growth rate CAGR of 10.4% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2021
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Wind Turbine Lubricants Market: Strategic Insights
| Market Size Value in | US$ 180.78 million in 2022 |
| Market Size Value by | US$ 326.56 million by 2028 |
| Growth rate | CAGR of 10.4% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Wind Turbine Lubricants Market
Government support for renewable energy and rising wind turbine installations have been major contributors to the growth of the wind turbine lubricants market. However, in 2020, various industries had to slow down their operations due to disruptions in the value chain caused by the restrictions on national and international boundaries. This led to the shutdown of production facilities, which negatively impacted the wind turbine lubricants market growth in early 2020. The decline in wind installations in early 2020 impeded the demand for wind turbine lubricants.
However, the wind energy sector bounced back with vigor in the second half of the year as mature and emerging wind markets began to overcome the impacts of the pandemic. In addition, the global marketplace began recovering from the losses incurred earlier during the pandemic as governments of different countries announced relaxations in social restrictions. Further, the rising vaccination rates led to conducive environments for industrial progress. According to the Global Wind Energy Council, the global wind industry witnessed a record year-over-year (YoY) growth of 53% in 2020. The industry installed more than 93 GW of wind power during the peak of the COVID-19 pandemic despite disruptions in the global supply chain and project construction. An upsurge in wind installed capacity resulted in more demand for wind turbine lubricants, as lubricants are used to lubricate different parts of wind turbines.
Wind Turbine Lubricants Market Breakdown – by Region
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Market Insights
Increasing Installed Wind Capacity Bolsters Wind Turbine Lubricant Demand
Wind energy helps reduce reliance on fossil fuels, which results in an increasing interest in this renewable resource in different countries.According to the “Global Wind Report 2021” published by Global Wind Energy Council, in 2020, new wind power installations surpassed 90 GW, i.e., 53% higher than the capacity added in 2019. This resulted in a total installed capacity of 743 GW in the world, registering a 14% increase compared to 2019. In 2020, new installations in the onshore wind farms reached 86.9 GW, while the offshore wind farms reached 6.1 GW, making 2020 the highest and the second-highest year in history for new onshore and offshore wind installations, respectively. Various parts of the wind turbine need to be lubricated using greases, gear oils, hydraulic oils, and other lubricants. Therefore, the increasing installed wind capacity globally is driving the growth of the wind turbine lubricants market.
Base Oil Insights
Based on base oil, the global wind turbine lubricants market is segmented into mineral oil, synthetic, and bio-based. The synthetic segment held the largest wind turbine lubricants market share in 2022. Synthetic lubricants are made of oil components that have been manufactured synthetically through the reaction of a few well-defined chemical compounds, which are often petroleum-based rather than refined from existing petroleum crudes or vegetable oils. Synthetic lubricants are the most commonly used lubricants in the wind turbine industry as synthetic oils have a lower pour point, which enables the gearbox to operate efficiently at lower temperatures.
Wind Turbine Lubricants Market, by Base Oil – 2022 and 2028
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The key players operating in the global wind turbine lubricants market include TotalEnergies, Exxon Mobil Corporation, FUCHS, BP p.l.c., Klüber Lubrication, Shell, Phillips 66 Company, Chevron, Afton Chemical, AMSOIL INC., and The Lubrizol Corporation. Players in the global market focus on providing high-quality products to fulfill customer demand. For this, they invest significantly in research and development activities.
Report Spotlights
- Progressive industry trends in the wind turbine lubricants market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the wind turbine lubricants market from 2020 to 2028
- Estimation of global demand for wind turbine lubricants
- Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, as well as factors driving and restraining the growth of the wind turbine lubricants market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The wind turbine lubricants market size at various nodes
- Detailed overview and segmentation of the market, as well as the wind turbine lubricants industry dynamics
- The wind turbine lubricants market size in various regions with promising growth opportunities
Wind Turbine Lubricants Market
Based on base oil, the wind turbine lubricants market is segmented into mineral oil, synthetic, and bio-based. The global wind turbine lubricants market is segmented based on product type into grease, gear oil, hydraulic oil, and others.
Company Profiles
- TotalEnergies SE
- BP p.l.c.
- Chevron
- Exxon Mobil Corporation
- FUCHS Petrolub SE
- Klüber Lubrication GmbH & Co.
- Phillips 66 Company
- Shell Plc
- The Lubrizol Corporation
- Afton Chemical
- AMSOIL INC.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Base Oil, and Product Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The key players operating in the global wind turbine lubricants market include TotalEnergies, Exxon Mobil Corporation, FUCHS, BP p.l.c., Klüber Lubrication, Shell, Phillips 66 Company, Chevron, Afton Chemical, AMSOIL INC., and The Lubrizol Corporation.
In 2022, Asia Pacific held the largest share of the global wind turbine lubricants market. China is a major contributor to the market growth in Asia Pacific. The country has the world’s largest wind energy market. China remained the world’s largest market for new onshore additions in 2020, driven by the feed-in tariff cut-off. India also records the remarkable growth of the wind power industry due to policies and regulations adopted by the union and state governments.
The synthetic segment held the largest share in the global wind turbine lubricants market in 2022. Synthetic lubricants are made of oil components that have been manufactured synthetically by reaction of a few well-defined chemical compounds. They are the most commonly used lubricants in the wind turbine industry as synthetic oils have a lower pour point, which enables the gearbox to operate efficiently at lower temperature.
The projected growth of the market is attributed to the increasing installed wind capacity and government initiatives for the development of the wind energy sector.
Asia Pacific is estimated to register the fastest CAGR in the global wind turbine lubricants market over the forecast period. The increasing installed wind capacity in China, Japan, India, and Australia, among others, are driving the demand for wind turbine lubricants in Asia Pacific.
The gear oil segment held the largest share of the global wind turbine lubricants market in 2022. Gear oil is one of the most widely used wind turbine lubricants. It is used in lubricating gearboxes. Enclosed gearboxes are an important component in the nacelles of many wind turbines.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Wind Turbine Lubricants Market, by Base Oil
1.3.2 Global Wind Turbine Lubricants Market, by Product Type
1.3.3 Global Wind Turbine Lubricants Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Wind Turbine Lubricants Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Wind Turbine Lubricants Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Installed Wind Capacity
5.1.2 Government Initiatives for Development of Wind Energy Sector
5.2 Market Restraint
5.2.1 Fluctuations in Prices of Raw Materials
5.3 Market Opportunity
5.3.1 Growth of Wind Energy Sector in Middle East & Africa
5.4 Future Trend
5.4.1 Rising Focus of Manufacturers on Developing Bio-based Lubricants
5.5 Impact Analysis
6. Wind Turbine Lubricants – Global Market Analysis
6.1 Global Wind Turbine Lubricants Market Overview
6.2 Global Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
6.3 Global Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
6.4 Market Positioning – Wind Turbine Lubricants Market Players
7. Global Wind Turbine Lubricants Market Analysis – By Base Oil
7.1 Overview
7.2 Wind Turbine Lubricants Market, By Base Oil (2021 and 2028)
7.3 Mineral Oil
7.3.1 Overview
7.3.2 Mineral Oil: Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Synthetic
7.4.1 Overview
7.4.2 Synthetic: Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Bio-Based
7.5.1 Overview
7.5.2 Bio-Based: Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
8. Global Wind Turbine Lubricants Market Analysis – By Product Type
8.1 Overview
8.2 Wind Turbine Lubricants Market, By Product Type (2021 and 2028)
8.3 Grease
8.3.1 Overview
8.3.2 Grease: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
8.3.3 Grease: Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Gear Oil
8.4.1 Overview
8.4.2 Gear Oil: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
8.4.3 Gear Oil: Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Hydraulic Oil
8.5.1 Overview
8.5.2 Hydraulic Oil: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
8.5.3 Hydraulic Oil: Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
8.6.3 Others: Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
9. Global Wind Turbine Lubricants Market – Geographic Analysis
9.1 Overview
9.2 North America: Wind Turbine Lubricants Market
9.2.1 North America: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.2.2 North America: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.2.3 North America: Wind Turbine Lubricants Market, by Base Oil
9.2.4 North America: Wind Turbine Lubricants Market, by Product Type
9.2.5 North America: Wind Turbine Lubricants Market, by Key Country
9.2.5.1 US: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.2.5.2 US: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.2.5.2.1 US: Wind Turbine Lubricants Market, by Base Oil
9.2.5.2.2 US: Wind Turbine Lubricants Market, by Product Type
9.2.5.2.3 US: Wind Turbine Lubricants Market, by Product Type
9.2.5.3 Canada: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
9.2.5.4 Canada: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
9.2.5.4.1 Canada: Wind Turbine Lubricants Market, by Base Oil
9.2.5.4.2 Canada: Wind Turbine Lubricants Market, by Product Type
9.2.5.4.3 Canada: Wind Turbine Lubricants Market, by Product Type
9.2.5.5 Mexico: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
9.2.5.6 Mexico: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
9.2.5.6.1 Mexico: Wind Turbine Lubricants Market, by Base Oil
9.2.5.6.2 Mexico: Wind Turbine Lubricants Market, by Product Type
9.2.5.6.3 Mexico: Wind Turbine Lubricants Market, by Product Type
9.3 Europe: Wind Turbine Lubricants Market
9.3.1 Europe: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
9.3.2 Europe: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
9.3.3 Europe: Wind Turbine Lubricants Market, by Base Oil
9.3.4 Europe: Wind Turbine Lubricants Market, by Product Type
9.3.5 Europe: Wind Turbine Lubricants Market, by Key Country
9.3.5.1 Germany: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
9.3.5.2 Germany: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.2.1 Germany: Wind Turbine Lubricants Market, by Base Oil
9.3.5.2.2 Germany: Wind Turbine Lubricants Market, by Product Type
9.3.5.2.3 Germany: Wind Turbine Lubricants Market, by Product Type
9.3.5.3 France: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
9.3.5.4 France: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.4.1 France: Wind Turbine Lubricants Market, by Base Oil
9.3.5.4.2 France: Wind Turbine Lubricants Market, by Product Type
9.3.5.4.3 France: Wind Turbine Lubricants Market, by Product Type
9.3.5.5 Italy: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
9.3.5.6 Italy: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.6.1 Italy: Wind Turbine Lubricants Market, by Base Oil
9.3.5.6.2 Italy: Wind Turbine Lubricants Market, by Product Type
9.3.5.6.3 Italy: Wind Turbine Lubricants Market, by Product Type
9.3.5.7 United Kingdom: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
9.3.5.8 United Kingdom: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.8.1 United Kingdom: Wind Turbine Lubricants Market, by Base Oil
9.3.5.8.2 United Kingdom: Wind Turbine Lubricants Market, by Product Type
9.3.5.8.3 United Kingdom: Wind Turbine Lubricants Market, by Product Type
9.3.5.9 Russia: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
9.3.5.10 Russia: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.10.1 Russia: Wind Turbine Lubricants Market, by Base Oil
9.3.5.10.2 Russia: Wind Turbine Lubricants Market, by Product Type
9.3.5.10.3 Russia: Wind Turbine Lubricants Market, by Product Type
9.3.5.11 Rest of Europe: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
9.3.5.12 Rest of Europe: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.3.5.12.1 Rest of Europe: Wind Turbine Lubricants Market, by Base Oil
9.3.5.12.2 Rest of Europe: Wind Turbine Lubricants Market, by Product Type
9.3.5.12.3 Rest of Europe: Wind Turbine Lubricants Market, by Product Type
9.4 Asia Pacific: Wind Turbine Lubricants Market
9.4.1 Asia Pacific: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.4.2 Asia Pacific: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.4.3 Asia Pacific: Wind Turbine Lubricants Market, by Base Oil
9.4.4 Asia Pacific: Wind Turbine Lubricants Market, by Product Type
9.4.5 Asia Pacific: Wind Turbine Lubricants Market, by Key Country
9.4.5.1 Australia: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
9.4.5.2 Australia: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.2.1 Australia: Wind Turbine Lubricants Market, by Base Oil
9.4.5.2.2 Australia: Wind Turbine Lubricants Market, by Product Type
9.4.5.2.3 Australia: Wind Turbine Lubricants Market, by Product Type
9.4.5.3 China: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
9.4.5.4 China: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.4.1 China: Wind Turbine Lubricants Market, by Base Oil
9.4.5.4.2 China: Wind Turbine Lubricants Market, by Product Type
9.4.5.4.3 China: Wind Turbine Lubricants Market, by Product Type
9.4.5.5 India: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
9.4.5.6 India: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.6.1 India: Wind Turbine Lubricants Market, by Base Oil
9.4.5.6.2 India: Wind Turbine Lubricants Market, by Product Type
9.4.5.6.3 India: Wind Turbine Lubricants Market, by Product Type
9.4.5.7 Japan: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
9.4.5.8 Japan: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.8.1 Japan: Wind Turbine Lubricants Market, by Base Oil
9.4.5.8.2 Japan: Wind Turbine Lubricants Market, by Product Type
9.4.5.8.3 Japan: Wind Turbine Lubricants Market, by Product Type
9.4.5.9 South Korea: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
9.4.5.10 South Korea: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.10.1 South Korea: Wind Turbine Lubricants Market, by Base Oil
9.4.5.10.2 South Korea: Wind Turbine Lubricants Market, by Product Type
9.4.5.10.3 South Korea: Wind Turbine Lubricants Market, by Product Type
9.4.5.11 Rest of Asia Pacific: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
9.4.5.12 Rest of Asia Pacific: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.12.1 Rest of Asia Pacific: Wind Turbine Lubricants Market, by Base Oil
9.4.5.12.2 Rest of Asia Pacific: Wind Turbine Lubricants Market, by Product Type
9.4.5.12.3 Rest of Asia Pacific: Wind Turbine Lubricants Market, by Product Type
9.5 Middle East and Africa: Wind Turbine Lubricants Market
9.5.1 Middle East and Africa: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.5.2 Middle East and Africa: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.5.3 Middle East and Africa: Wind Turbine Lubricants Market, by Base Oil
9.5.4 Middle East and Africa: Wind Turbine Lubricants Market, by Product Type
9.5.5 Middle East and Africa: Wind Turbine Lubricants Market, by Key Country
9.5.5.1 South Africa: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.5.5.2 South Africa: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.2.1 South Africa: Wind Turbine Lubricants Market, by Base Oil
9.5.5.2.2 South Africa: Wind Turbine Lubricants Market, by Product Type
9.5.5.2.3 South Africa: Wind Turbine Lubricants Market, by Product Type
9.5.5.3 Saudi Arabia: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.5.5.4 Saudi Arabia: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.4.1 Saudi Arabia: Wind Turbine Lubricants Market, by Base Oil
9.5.5.4.2 Saudi Arabia: Wind Turbine Lubricants Market, by Product Type
9.5.5.4.3 Saudi Arabia: Wind Turbine Lubricants Market, by Product Type
9.5.5.5 UAE: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.5.5.6 UAE: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.6.1 UAE: Wind Turbine Lubricants Market, by Base Oil
9.5.5.6.2 UAE: Wind Turbine Lubricants Market, by Product Type
9.5.5.6.3 UAE: Wind Turbine Lubricants Market, by Product Type
9.5.5.7 Rest of MEA: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.5.5.8 Rest of MEA: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.8.1 Rest of MEA: Wind Turbine Lubricants Market, by Base Oil
9.5.5.8.2 Rest of MEA: Wind Turbine Lubricants Market, by Product Type
9.5.5.8.3 Rest of MEA: Wind Turbine Lubricants Market, by Product Type
9.6 South & Central America: Wind Turbine Lubricants Market
9.6.1 South & Central America: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.6.2 South & Central America: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.6.3 South & Central America: Wind Turbine Lubricants Market, by Base Oil
9.6.4 South & Central America: Wind Turbine Lubricants Market, by Product Type
9.6.5 South & Central America: Wind Turbine Lubricants Market, by Key Country
9.6.5.1 Brazil: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.6.5.2 Brazil: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.6.5.2.1 Brazil: Wind Turbine Lubricants Market, by Base Oil
9.6.5.2.2 Brazil: Wind Turbine Lubricants Market, by Product Type
9.6.5.2.3 Brazil: Wind Turbine Lubricants Market, by Product Type
9.6.5.3 Argentina: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.6.5.4 Argentina: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.6.5.4.1 Argentina: Wind Turbine Lubricants Market, by Base Oil
9.6.5.4.2 Argentina: Wind Turbine Lubricants Market, by Product Type
9.6.5.4.3 Argentina: Wind Turbine Lubricants Market, by Product Type
9.6.5.5 Rest of South & Central America: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
9.6.5.6 Rest of South & Central America: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
9.6.5.6.1 Rest of South & Central America: Wind Turbine Lubricants Market, by Base Oil
9.6.5.6.2 Rest of South & Central America: Wind Turbine Lubricants Market, by Product Type
9.6.5.6.3 Rest of South & Central America: Wind Turbine Lubricants Market, by Product Type
10. Impact of COVID-19 Pandemic on Global Wind Turbine Lubricants Market
10.1 Impact of COVID-19 Pandemic on Wind Turbine Lubricants Market
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
10.6 South & Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Expansion
11.3 Partnerships
12. Company Profiles
12.1 TotalEnergies SE
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 BP Plc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Chevron Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Exxon Mobil Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Fuchs Petrolub SE
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Kluber Lubrication GmbH & Co KG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Phillips 66
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Shell Plc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 The Lubrizol Corp
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Afton Chemical Corp
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 AMSOIL Inc
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Global Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Table 2. Global Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 4. Global Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 5. Global Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 7. North America Wind Turbine Lubricants Market, by Product Type– Volume and Forecast to 2028 (Tons)
Table 8. North America Wind Turbine Lubricants Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 9. US Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 10. US Wind Turbine Lubricants Market, by Product Type –Volume and Forecast to 2028 (Tons)
Table 11. US Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada Wind Turbine Lubricants Market, by Product Type –Volume and Forecast to 2028 (Tons)
Table 14. Canada: Wind Turbine Lubricants Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 17. Mexico Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe Wind Turbine Lubricants Market, by Product Type –Volume and Forecast to 2028 (Tons)
Table 20. Europe Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany Wind Turbine Lubricants Market, by Product Type –Volume and Forecast to 2028 (Tons)
Table 23. Germany Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. France Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 25. France Wind Turbine Lubricants Market, by Product Type –Volume and Forecast to 2028 (Tons)
Table 26. France Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. Italy Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 28. Italy Wind Turbine Lubricants Market, by Product Type –Volume and Forecast to 2028 (Tons)
Table 29. Italy Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 30. United Kingdom Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 31. United Kingdom Wind Turbine Lubricants Market, by Product Type –Volume and Forecast to 2028 (Tons)
Table 32. United Kingdom Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia : Wind Turbine Lubricants Market, by Base Oil– Revenue and Forecast to 2028 (US$ Million)
Table 34. Russia: Wind Turbine Lubricants Market, by Product Type –Volume and Forecast to 2028 (Tons)
Table 35. Russia: Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Europe Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 38. Rest of Europe Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 39. Asia Pacific Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 40. Asia Pacific Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 41. Asia Pacific Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 42. Australia Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 44. Australia Wind Turbine Lubricants Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 45. China Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 46. China Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 47. China Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 48. India Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 49. India Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 50. India Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 51. Japan Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 52. Japan Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 53. Japan Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 54. South Korea Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 55. South Korea Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 56. South Korea Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of Asia Pacific Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of Asia Pacific Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 59. Rest of Asia Pacific Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 60. Middle East and Africa Wind Turbine Lubricants Market, by Base Oil– Revenue and Forecast to 2028 (US$ Million)
Table 61. Middle East and Africa Wind Turbine Lubricants Market, by Product Type– Volume and Forecast to 2028 (Tons)
Table 62. Middle East and Africa Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 63. South Africa Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 64. South Africa Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 65. South Africa Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 68. Saudi Arabia Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 69. UAE Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 70. UAE Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 71. UAE Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 72. Rest of MEA Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of MEA Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 74. Rest of MEA Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 75. South & Central America Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 76. South & Central America Wind Turbine Lubricants Market, by Product Type– Volume and Forecast to 2028 (Tons)
Table 77. South & Central America Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 78. Brazil Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 79. Brazil Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 80. Brazil Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 81. Argentina Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 82. Argentina Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 83. Argentina Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 84. Rest of South & Central America Wind Turbine Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of South & Central America Wind Turbine Lubricants Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 86. Rest of South & Central America Wind Turbine Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 87. Glossary of Terms, Global Wind Turbine Lubricants Market
LIST OF FIGURES
Figure 1. Global Wind Turbine Lubricants Market Segmentation
Figure 2. Global Wind Turbine Lubricants Market Segmentation – By Geography
Figure 3. Global Wind Turbine Lubricants Market Overview
Figure 4. Global Wind Turbine Lubricants Market, By Base Oil
Figure 5. Global Wind Turbine Lubricants Market, by Geography
Figure 6. Global Wind Turbine Lubricants Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis
Figure 8. Ecosystem: Global Wind Turbine Lubricants Market
Figure 9. Expert Opinion
Figure 10. Historic Development of New Installations (GW)
Figure 11. New Wind Power Capacity in 2022, by Region (%)
Figure 12. Global Wind Turbine Lubricants Impact Analysis of Drivers and Restraints
Figure 13. Geographic Overview of Wind Turbine Lubricants Market
Figure 14. Global Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
Figure 15. Global Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Wind Turbine Lubricants Market Revenue Share, By Base Oil (2021 and 2028)
Figure 17. Mineral Oil: Wind Turbine Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Synthetic : Wind Turbine Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Bio-Based: Wind Turbine Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Wind Turbine Lubricants Market Revenue Share, By Product Type (2021 and 2028)
Figure 21. Grease: Wind Turbine Lubricants Market – Volume and Forecast To 2028 (Tons)
Figure 22. Grease: Wind Turbine Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Gear Oil: Wind Turbine Lubricants Market – Volume and Forecast To 2028 (Tons)
Figure 24. Gear Oil: Wind Turbine Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Hydraulic Oil: Wind Turbine Lubricants Market – Volume and Forecast To 2028 (Tons)
Figure 26. Hydraulic Oil: Wind Turbine Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27. Others: Wind Turbine Lubricants Market – Volume and Forecast To 2028 (Tons)
Figure 28. Others: Wind Turbine Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 29. Global Wind Turbine Lubricants Market Revenue Share, by Region (2021 and 2028)
Figure 30. North America: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Figure 31. North America: Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. North America: Wind Turbine Lubricants Market Revenue Share, by Base Oil (2021 and 2028)
Figure 33. North America: Wind Turbine Lubricants Market Revenue Share, by Product Type (2021 and 2028)
Figure 34. North America: Wind Turbine Lubricants Market Revenue Share, by Key Country (2021 and 2028)
Figure 35. US: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Figure 36. US: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 37. Canada: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
Figure 38. Canada: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
Figure 39. Mexico: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
Figure 40. Mexico: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
Figure 41. New Onshore and Offshore Wind Installations in Europe
Figure 42. New Wind Installations in Europe, by Country (2022)
Figure 43. Europe: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
Figure 44. Europe: Wind Turbine Lubricants Market– Revenue and Forecast to 2028 (US$ Million)
Figure 45. Europe: Wind Turbine Lubricants Market Revenue Share, by Base Oil (2021 and 2028)
Figure 46. Europe: Wind Turbine Lubricants Market Revenue Share, by Product Type (2021 and 2028)
Figure 47. Europe: Wind Turbine Lubricants Market Revenue Share, by Key Country (2021 and 2028)
Figure 48. Germany: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
Figure 49. Germany: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
Figure 50. France: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
Figure 51. France: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
Figure 52. Italy: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
Figure 53. Italy: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
Figure 54. United Kingdom: Wind Turbine Lubricants Market–Volume and Forecast to 2028 (Tons)
Figure 55. United Kingdom: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
Figure 56. Russia: Wind Turbine Lubricants Market– Volume and Forecast to 2028 (Tons)
Figure 57. Russia: Wind Turbine Lubricants Market–Revenue and Forecast to 2028 (US$ Million)
Figure 58. Rest of Europe: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
Figure 59. Rest of Europe: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 60. Asia Pacific: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
Figure 61. Asia Pacific: Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. Asia Pacific: Wind Turbine Lubricants Market Revenue Share, by Base Oil (2021 and 2028)
Figure 63. Asia Pacific: Wind Turbine Lubricants Market Revenue Share, by Product Type (2021 and 2028)
Figure 64. Asia Pacific: Wind Turbine Lubricants Market Revenue Share, by Key Country (2021 and 2028)
Figure 65. Australia: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
Figure 66. Australia: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 67. China: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
Figure 68. China: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 69. India: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
Figure 70. India: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 71. Japan: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
Figure 72. Japan: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 73. South Korea: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
Figure 74. South Korea: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 75. Rest of Asia Pacific: Wind Turbine Lubricants Market – Volume and Forecast to 2028 (Tons)
Figure 76. Rest of Asia Pacific: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 77. Middle East and Africa: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Figure 78. Middle East and Africa: Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 79. Middle East and Africa: Wind Turbine Lubricants Market Revenue Share, by Base Oil (2021 and 2028)
Figure 80. Middle East and Africa: Wind Turbine Lubricants Market Revenue Share, by Product Type (2021 and 2028)
Figure 81. Middle East and Africa: Wind Turbine Lubricants Market Revenue Share, by Key Country (2021 and 2028)
Figure 82. South Africa: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Figure 83. South Africa: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 84. Saudi Arabia: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Figure 85. Saudi Arabia: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 86. UAE: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Figure 87. UAE: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 88. Rest of MEA: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Figure 89. Rest of MEA: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 90. South & Central America: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Figure 91. South & Central America: Wind Turbine Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 92. South & Central America: Wind Turbine Lubricants Market Revenue Share, by Base Oil (2021 and 2028)
Figure 93. South & Central America: Wind Turbine Lubricants Market Revenue Share, by Product Type (2021 and 2028)
Figure 94. South & Central America: Wind Turbine Lubricants Market Revenue Share, by Key Country (2021 and 2028)
Figure 95. Brazil: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Figure 96. Brazil: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 97. Argentina: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Figure 98. Argentina: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 99. Rest of South & Central America: Wind Turbine Lubricants Market –Volume and Forecast to 2028 (Tons)
Figure 100. Rest of South & Central America: Wind Turbine Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 101. Impact of COVID-19 Pandemic on Wind Turbine Lubricants Market in North America
Figure 102. Impact of COVID-19 Pandemic on Wind Turbine Lubricants Market in Europe
Figure 103. Impact of COVID-19 Pandemic on Wind Turbine Lubricants Market in Asia Pacific
Figure 104. Impact of COVID-19 Pandemic on Wind Turbine Lubricants Market in Middle East & Africa
Figure 105. Impact of COVID-19 Pandemic on Wind Turbine Lubricants Market in South & Central America
The List of Companies - Wind Turbine Lubricants Market
- TotalEnergies SE
- BP p.l.c.
- Chevron
- Exxon Mobil Corporation
- FUCHS Petrolub SE
- Klüber Lubrication GmbH & Co.
- Phillips 66 Company
- Shell Plc
- The Lubrizol Corporation
- Afton Chemical
- AMSOIL INC.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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