Product Code: ARZ220606
The global food grade lubricants market is expected to grow at a CAGR of 5.48% during 2022-2027.
Food grade lubricants are those oils used in industrial machines (such as conveyor belts, pumps, tanks, mixers, hoses and pipes, and chain drives) for the smooth functioning of the devices. It plays a vital role in protecting the devices from rust, corrosion, oxidation, breakdown, and heat. Furthermore, the food industry prevents health hazards in case of incidental or accidental contact with food.
Food grade oil is widely used in the manufacturing equipment of food & beverages, food packaging, cosmetics, pharmaceuticals, and animal feed as they are:
- Tasteless
- Odorless
- Physiologically inert
- Colorless
"In the food & beverage industry, food-safe machine lubricants are crucial. The production of food, beverages, and related products such as packaging puts the strictest requirements on lubricants used in the manufacturing process", says Giles Cutter, Lubritech Divisional Manager, FUCHS Lubricants South Africa.
Food grade lubricants are more regulated than other lubricating oils because they are highly used in the food & beverage industry and cosmetic and medicine processing plants. These products are highly prone to microbial contamination, reducing their nutritional value. If the safety standards are not met during processing, storage, and packaging, it can lead to microbial contamination. Henceforth, several regulatory bodies such as US FDA, Canadian Food Inspection Agency (CFIA), and ISO 21469 have set the regulations and standards to specify the hygiene requirement for the formulation, manufacturing, and handling of lubricants. Thus, the regulatory landscape is a significant hindrance to scaling up operations by small and medium enterprises. But at the same time, it is driving the market because these standards and regulations ensure the customer regarding the product's safety, quality, and hygiene.
RECENT DEVELOPMENTS IN THE INDUSTRY
- In September 2021, Fuchs announced the local production of food grade lubricant product range "CASSIDA" in South Africa. This will enable the company to become a dominant player and save production costs as SADC does not apply duties on the locally produced product.
- In January 2022, Petro Canada Lubricants launched PURITY FG Synthetic Compressor Fluid, a new product line. NSF registers this product as an H1 lubricant. It fits entirely in HACCP (Hazard Analysis and Critical Control Point) and GMP (Good Manufacturing Practice) plans, demonstrating that the product is high quality and meets the food industry standards.
- In 2018, Petro Canada Lubricants became the first global supplier of food grade and non-food grade hydraulic fluid to Husky Injection Molding Systems for the "PURITY FG Synthetic Fluid 46" product.
- In 2021, Petro Canada Lubricants enhanced "PURITY FG2" food grade lubricant by adding MICROL MAX grease in its formulation. Micro is an antimicrobial preservative registered by the U.S. Environmental Protection Agency (EPA) in food grade lubricant products.
MARKET TRENDS & DRIVERS
Rising Demand for Packaged and Processed Food
The increasing urbanization, changing lifestyles, a time constraint for preparing food, expanding population, and the growing purchasing power, especially in the economies of China and India, is stimulating the demand for processed and packaged food worldwide. According to the study conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), India, and Grant Thornton, UK, by 2024, India's food processing sector is likely to attract USD 33 billion investment as the total food production in India is estimated to be double by 2024. This growth is creating a demand for food-grade oils. The food grade oils are primarily used in the food processing machines to reduce the friction & heat between mechanical components, prevent the breakdown of devices, and, most importantly, prevent the food from entering contaminated. However, the food grade lubricants market is highly fragmented, and product differentiation is essential, with several brands competing for attention.
Increasing Food Grade Regulation
The increasing concern for reducing foodborne illness and promoting hygiene factors in food processing facilities positively impacts the food grade lubricants market growth. The U.S. Food and Drug Administration (FDA), National Sanitation Foundation (NSF), the European Food Safety Authority (EFSA), and the Canadian Food Inspection Agency (CFIA) are the regulatory bodies that monitor the use of components in food grade lubricants to mitigate the risk of cross-contamination from both biological agents such as a microorganism, and chemical agents, such as toxins, mutagens, or carcinogens, to avoid foodborne disease, and ensures customers about the safety of the food product.
Performance Limitations of H1 Food Grade Lubricants
The major challenge faced in the food grade lubricant industry is the performance limitation of H1 food-grade lubricant. As per USDA regulation, the top 10 parts per million of oil are allowed in the H1 food-grade rule or lubricant that comes in contact with food. This exhibits that H1 food-grade lubricant is not safe in those machines producing moderate or small quantities of food. In addition, it can adversely affect the performance of the devices in terms of rust and corrosion. Similarly, H1 food grade lubricant is not optimal for a can seaming machine. Relatively solid or dry oil is required to generate high friction, wear, and heat. Hence, there are high chances of food contamination due to these circumstances.
MARKET SEGMENTATION OVERVIEW
H1 lubricants are estimated to be the largest segment in the food grade lubricants market. H2 food grade lubricant is expected to dominate the market during the forecast period and is projected to witness higher growth. H1 lubricants are a globally recognized certification used in the food & beverage industry where incidental food contact is possible. It is used across food & beverage processing machines such as conveyor belts, pumps, and mixers for blending, canning, cutting, cooking, slicing, peeling, brewing, and bottling. Food grade lubricants certified with NSF-H1 ensures the safety standard of the food, and the chemical constituted in the lubricating oils are non-toxic, thus eliminating the chances of foodborne disease.
The mineral oil market held the largest share in the food grade lubricants market in 2021; however, the synthetic lubricant market is expected to lead the industry during the forecast period. Food grade lubricant is highly formulated with white mineral oil where possible incidental food contact. It is a highly refined premium quality base oil with no additives. It offers excellent protection against rust, and corrosion offers oxidative stability and protects the equipment from wear & tear.
The food-grade lubricating oils are primarily used across food & beverages, cosmetics, pharmaceuticals, and animal food processing plants. In the future also, the food industry is expected to dominate the market during the forecast period. This is primarily due to the rising demand for bakery food, dairy products, cereals, seafood, poultry, and ready-to-eat food driven by the increasing population and the increasing purchasing power, specifically in emerging economies. For instance, according to the United Nations (U.N.) report, by 2030, the global population is expected to reach 8.5 billion.
Segmentation by Base Oil
- Mineral
- Synthetic
- Bio-Based
Segmentation by Grade
Segmentation by Application
- Food
- Pharmaceutical
- Cosmetic
- Beverage
- Others
APAC was the 3rd largest and fastest-growing food grade lubricants market. China led the region as food grade oils are highly used due to the massive presence of food processing, medicine & its supplements, and the animal feed processing industry. The outbreak of Covid-19 played a vital role in stimulating the demand for packaged and quick-frozen foods due to the strict regulations enforced in China. In 2021, the production volume increased by 6.3% despite continued lockdowns and virus spread. Countries such as India, South Korea, and Japan are also supporting the market growth due to the country's rising young and middle-class population and purchasing power. For instance, India's middle-class population is expected to reach around 800 million people with a spending of 80% by 2030, as per the report by World data. Thus, higher disposable incomes mean an increased demand for packaged food, premium food, and cosmetics, fueling the need for food-grade lubricating oils.
Segmentation by Region
- North America
- Europe
- Germany
- France
- Russia
- Italy
- Rest Of Europe
- APAC
- China
- India
- Japan
- Indonesia
- Australia
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest Of Latin America
- Middle East & Africa
- Turkey
- Egypt
- Iran
- Rest of MEA
COMPETITIVE ANALYSIS
The competitive scenario in the global food grade lubricants market is currently intensifying. The rapidly changing technological environment and sustainability scenario can adversely affect vendors as customers expect continual innovations and upgrades. The market is fragmented, with several players providing products with high functionality.
Key Vendors
- Exxon Mobil Corporation
- TotalEnergies
- FUCHS
- Petro Canada Lubricants
- Castrol
Other Prominent Vendors
- Valvoline Inc.
- Kluber Lubrication
- Metalube
- Renewable lubricants
- Cortec Corporation
- Interflon
- Repsol
- Haynes Lubricants
- DuBois Chemicals
- Lubriplate Lubricants Company
- Carl Bechem Lubricant India Private Limited
- Mosil Lubricants
- Petrelplus Inc.
- Vinayak Oil
- Condat
- Addinol
KEY QUESTIONS ANSWERED
- 1. WHAT IS THE SIZE OF THE FOOD GRADE LUBRICANTS MARKET?
- 2. WHAT IS THE GROWTH RATE OF THE FOOD GRADE LUBRICANTS MARKET?
- 3. WHAT ARE THE GROWTH FACTORS IN THE FOOD GRADE LUBRICANTS MARKET?
- 4. WHO ARE THE KEY PLAYERS IN THE FOOD GRADE LUBRICANTS MARKET?
- 5. WHICH REGION HOLDS THE LARGEST SHARE IN THE FOOD GRADE LUBRICANTS MARKET?
TABLE OF CONTENTS
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
- 4.1 MARKET DEFINITION
- 4.1.1 INCLUSIONS
- 4.1.2 EXCLUSIONS
- 4.1.3 MARKET ESTIMATION CAVEATS
- 4.2 BASE YEAR
- 4.3 SCOPE OF THE STUDY
- 4.3.1 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
- 5.1 KEY CAVEATS
- 5.2 CURRENCY CONVERSION
- 5.3 MARKET DERIVATION
6 ABSTRACT
- 6.1 GLOBAL FOOD-GRADE LUBRICANTS MARKET (2021-2027)
- 6.2 SYNOPSIS
- 6.2.1 MARKET TRENDS
- 6.2.2 SEGMENT REVIEW
- 6.2.3 COMPETITIVE LANDSCAPE
7 MARKET AT A GLANCE
8 INTRODUCTION
- 8.1 OVERVIEW
- 8.2 INDUSTRY EXPERT INSIGHTS
- 8.3 FOOD-GRADE LUBRICANTS: FORM
- 8.3.1 GREASE
- 8.3.2 CRITERIA FOR USING FOOD GRADE GREASE OVER OIL-
- 8.3.3 OIL
- 8.3.4 CRITERIA TO USE FOOD GRADE OIL OVER GREASE
- 8.4 SUPPLY CHAIN ANALYSIS
- 8.4.1 RAW MATERIALS
- 8.4.2 FOOD-GRADE LUBRICANT BLENDERS/PRODUCERS
- 8.4.3 SUPPLIER/DISTRIBUTOR
- 8.4.4 APPLICATION
- 8.5 COVID 19 IMPACT
9 MARKET OPPORTUNITIES & TRENDS
- 9.1 HIGH GROWTH POTENTIAL IN EMERGING ECONOMIES
- 9.2 INCREASING FOOD GRADE REGULATION
- 9.2.1 US
- 9.2.2 CANADA
- 9.2.3 EUROPEAN UNION
- 9.2.4 CHINA
- 9.2.5 AUSTRALIA
- 9.2.6 ISO 21469 STANDARD
- 9.3 ESCALATING DEMAND FOR PREMIUM PET FOOD
10 MARKET GROWTH ENABLERS
- 10.1 RISING DEMAND FOR PACKAGED AND PROCESSED FOOD
- 10.2 RISING POPULARITY OF BIO-BASED FOOD-GRADE LUBRICANT
- 10.3 INCREASING FOOD SAFETY CONCERN
11 MARKET RESTRAINTS
- 11.1 RISING RAW MATERIAL COST
- 11.2 PERFORMANCE LIMITATIONS OF H1 FOOD-GRADE LUBRICANTS
12 MARKET LANDSCAPE
- 12.1 MARKET OVERVIEW
- 12.2 MARKET SIZE & FORECAST
- 12.3 FIVE FORCES ANALYSIS
- 12.3.1 THREAT OF NEW ENTRANTS
- 12.3.2 BARGAINING POWER OF SUPPLIERS
- 12.3.3 BARGAINING POWER OF BUYERS
- 12.3.4 THREAT OF SUBSTITUTES
- 12.3.5 COMPETITIVE RIVALRY
13 BASE OIL
- 13.1 MARKET SNAPSHOT & GROWTH ENGINE
- 13.2 MARKET OVERVIEW
- 13.3 MINERAL BASE OIL
- 13.3.1 MARKET OVERVIEW
- 13.3.2 MARKET SIZE & FORECAST
- 13.3.3 MARKET BY GEOGRAPHY
- 13.4 SYNTHETIC BASE OIL
- 13.4.1 MARKET OVERVIEW
- 13.4.2 MARKET SIZE & FORECAST
- 13.4.3 MARKET BY GEOGRAPHY
- 13.5 BIO-BASED BASE OIL
- 13.5.1 MARKET OVERVIEW
- 13.5.2 MARKET SIZE & FORECAST
- 13.5.3 MARKET BY GEOGRAPHY
14 GRADE
- 14.1 MARKET SNAPSHOT & GROWTH ENGINE
- 14.2 MARKET OVERVIEW
- 14.3 H1
- 14.3.1 MARKET OVERVIEW
- 14.3.2 MARKET SIZE & FORECAST
- 14.3.3 MARKET BY GEOGRAPHY
- 14.4 H2
- 14.4.1 MARKET OVERVIEW
- 14.4.2 MARKET SIZE & FORECAST
- 14.4.3 MARKET BY GEOGRAPHY
- 14.5 H3
- 14.5.1 MARKET OVERVIEW
- 14.5.2 MARKET SIZE & FORECAST
- 14.5.3 MARKET BY GEOGRAPHY
15 APPLICATION
- 15.1 MARKET SNAPSHOT & GROWTH ENGINE
- 15.2 MARKET OVERVIEW
- 15.3 FOOD
- 15.3.1 MARKET OVERVIEW
- 15.3.2 MARKET SIZE & FORECAST
- 15.3.3 MARKET BY GEOGRAPHY
- 15.4 COSMETIC
- 15.4.1 MARKET OVERVIEW
- 15.4.2 MARKET SIZE & FORECAST
- 15.4.3 MARKET BY GEOGRAPHY
- 15.5 PHARMACEUTICAL
- 15.5.1 MARKET OVERVIEW
- 15.5.2 MARKET SIZE & FORECAST
- 15.5.3 MARKET BY GEOGRAPHY
- 15.6 BEVERAGES
- 15.6.1 MARKET OVERVIEW
- 15.6.2 MARKET SIZE & FORECAST
- 15.6.3 MARKET BY GEOGRAPHY
- 15.7 OTHERS
- 15.7.1 MARKET OVERVIEW
- 15.7.2 MARKET SIZE & FORECAST
- 15.7.3 MARKET BY GEOGRAPHY
16 GEOGRAPHY
- 16.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
- 16.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
- 16.4 GEOGRAPHIC OVERVIEW
17 NORTH AMERICA
- 17.1 MARKET OVERVIEW
- 17.2 MARKET SIZE & FORECAST
- 17.2.1 VALUE
- 17.2.2 VOLUME
- 17.3 BASE OIL
- 17.3.1 MARKET SIZE & FORECAST
- 17.4 GRADE
- 17.4.1 MARKET SIZE & FORECAST
- 17.5 APPLICATION
- 17.5.1 MARKET SIZE & FORECAST
- 17.6 KEY COUNTRIES
- 17.6.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
- 17.6.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
- 17.7 US
- 17.7.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 17.8 CANADA
- 17.8.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
18 LATIN AMERICA
- 18.1 MARKET OVERVIEW
- 18.1.1 MACRO ECONOMIC FACTORS
- 18.2 MARKET SIZE & FORECAST
- 18.2.1 VALUE
- 18.2.2 VOLUME
- 18.3 BASE OIL
- 18.3.1 MARKET SIZE & FORECAST
- 18.4 GRADE
- 18.4.1 MARKET SIZE & FORECAST
- 18.5 APPLICATION
- 18.5.1 MARKET SIZE & FORECAST
- 18.6 KEY COUNTRIES
- 18.6.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
- 18.6.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
- 18.7 BRAZIL
- 18.7.1 MARKET SIZE & FORECAST (VALUE & VOLUME
- 18.8 MEXICO
- 18.8.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 18.9 REST OF LATIN AMERICA
- 18.9.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
19 MIDDLE EAST & AFRICA
- 19.1 MARKET OVERVIEW
- 19.2 MARKET SIZE & FORECAST
- 19.2.1 VALUE
- 19.2.2 VOLUME
- 19.3 BASE OIL
- 19.3.1 MARKET SIZE & FORECAST
- 19.4 GRADE
- 19.4.1 MARKET SIZE & FORECAST
- 19.5 APPLICATION
- 19.5.1 MARKET SIZE & FORECAST
- 19.6 KEY COUNTRIES
- 19.6.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
- 19.6.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
- 19.7 EGYPT
- 19.7.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 19.8 TURKEY
- 19.8.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 19.9 IRAN
- 19.9.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 19.10 REST OF MIDDLE EAST & AFRICA
- 19.10.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
20 EUROPE
- 20.1 MARKET OVERVIEW
- 20.2 MARKET SIZE & FORECAST
- 20.2.1 VALUE
- 20.2.2 VOLUME
- 20.3 BASE OIL
- 20.3.1 MARKET SIZE & FORECAST
- 20.4 GRADE
- 20.4.1 MARKET SIZE & FORECAST
- 20.5 APPLICATION
- 20.5.1 MARKET SIZE & FORECAST
- 20.6 KEY COUNTRIES
- 20.6.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
- 20.6.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
- 20.7 GERMANY
- 20.7.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 20.8 FRANCE
- 20.8.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 20.9 UK
- 20.9.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 20.10 ITALY
- 20.10.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 20.11 RUSSIA
- 20.11.1 MARKET SIZE & FORECAST
- 20.12 REST OF EUROPE
- 20.12.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
21 APAC
- 21.1 MARKET OVERVIEW
- 21.2 MARKET SIZE & FORECAST
- 21.2.1 VALUE
- 21.2.2 VOLUME
- 21.3 BASE OIL
- 21.3.1 MARKET SIZE & FORECAST
- 21.4 GRADE
- 21.4.1 MARKET SIZE & FORECAST
- 21.5 APPLICATION
- 21.5.1 MARKET SIZE & FORECAST
- 21.6 KEY COUNTRIES
- 21.6.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
- 21.6.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
- 21.7 CHINA
- 21.7.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 21.8 INDIA
- 21.8.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 21.9 JAPAN
- 21.9.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 21.10 INDONESIA
- 21.10.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 21.11 AUSTRALIA
- 21.11.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
- 21.12 REST OF APAC
- 21.12.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
22 COMPETITIVE LANDSCAPE
- 22.1 COMPETITION OVERVIEW
- 22.2 KEY DEVELOPMENTS
23 KEY COMPANY PROFILES
- 23.1 EXXON MOBIL CORPORATION
- 23.1.1 BUSINESS OVERVIEW
- 23.1.2 EXXON MOBIL CORPORATION IN FOOD-GRADE LUBRICANT MARKET
- 23.1.3 PRODUCT OFFERINGS
- 23.1.4 KEY STRATEGIES
- 23.1.5 KEY STRENGTHS
- 23.1.6 KEY OPPORTUNITIES
- 23.2 TOTALENERGIES
- 23.2.1 BUSINESS OVERVIEW
- 23.2.2 TOTALENERGIES IN FOOD-GRADE LUBRICANT MARKET
- 23.2.3 PRODUCT OFFERINGS
- 23.2.4 KEY STRATEGIES
- 23.2.5 KEY STRENGTHS
- 23.2.6 KEY OPPORTUNITIES
- 23.3 FUCHS
- 23.3.1 BUSINESS OVERVIEW
- 23.3.2 FUCHS IN FOOD-GRADE LUBRICANT MARKET
- 23.3.3 PRODUCT OFFERINGS
- 23.3.4 KEY STRATEGIES
- 23.3.5 KEY STRENGTHS
- 23.3.6 KEY OPPORTUNITIES
- 23.4 PETRO-CANADA LUBRICANTS
- 23.4.1 BUSINESS OVERVIEW
- 23.4.2 PETRO-CANDA LUBRICANTS IN FOOD-GRADE LUBRICANTS MARKET
- 23.4.3 PRODUCT OFFERINGS
- 23.4.4 KEY STRATEGIES
- 23.4.5 KEY STRENGTHS
- 23.4.6 KEY OPPORTUNITIES
- 23.5 CASTROL
- 23.5.1 BUSINESS OVERVIEW
- 23.5.2 CASTROL IN FOOD-GRADE LUBRICANTS MARKET
- 23.5.3 PRODUCT OFFERINGS
- 23.5.4 KEY STRATEGIES
- 23.5.5 KEY STRENGTHS
- 23.5.6 KEY OPPORTUNITIES
24 OTHER PROMINENT VENDORS
- 24.1 VALVOLINE
- 24.1.1 BUSINESS OVERVIEW
- 24.1.2 PRODUCT OFFERINGS
- 24.2 KLUBER LUBRICATION
- 24.2.1 BUSINESS OVERVIEW
- 24.2.2 PRODUCT OFFERINGS
- 24.3 METALUBE
- 24.3.1 BUSINESS OVERVIEW
- 24.3.2 PRODUCT OFFERINGS
- 24.4 RENEWABLE LUBRICANTS
- 24.4.1 BUSINESS OVERVIEW
- 24.4.2 PRODUCT OFFERINGS
- 24.5 CORTEC CORPORATION
- 24.5.1 BUSINESS OVERVIEW
- 24.5.2 PRODUCT OFFERINGS
- 24.6 INTERFLON
- 24.6.1 BUSINESS OVERVIEW
- 24.6.2 PRODUCT OFFERINGS
- 24.7 REPSOL
- 24.7.1 BUSINESS OVERVIEW
- 24.7.2 PRODUCT OFFERINGS
- 24.8 HAYNES LUBRICANTS
- 24.8.1 BUSINESS OVERVIEW
- 24.8.2 PRODUCT OFFERINGS
- 24.9 DUBOIS CHEMICALS
- 24.9.1 BUSINESS OVERVIEW
- 24.9.2 PRODUCT OFFERINGS
- 24.10 LUBRIPLATE LUBRICANTS COMPANY
- 24.10.1 BUSINESS OVERVIEW
- 24.10.2 PRODUCT OFFERINGS
- 24.11 CARL BECHEM LUBRICANTS INDIA PRIVATE LIMITED
- 24.11.1 BUSINESS OVERVIEW
- 24.11.2 PRODUCT OFFERINGS
- 24.12 MOSIL LUBRICANTS
- 24.12.1 BUSINESS OVERVIEW
- 24.12.2 PRODUCT OFFERINGS
- 24.13 PETRELPLUS INC.
- 24.13.1 BUSINESS OVERVIEW
- 24.13.2 PRODUCT OFFERINGS
- 24.14 VINAYAK OIL
- 24.14.1 BUSINESS OVERVIEW
- 24.14.2 PRODUCT OFFERINGS
- 24.15 CONDAT
- 24.15.1 BUSINESS OVERVIEW
- 24.15.2 PRODUCT OFFERINGS
- 24.16 ADDINOL
- 24.16.1 BUSINESS OVERVIEW
- 24.16.2 PRODUCT OFFERINGS
25 REPORT SUMMARY
- 25.1 KEY TAKEAWAYS
- 25.2 STRATEGIC RECOMMENDATIONS
26 QUANTITATIVE SUMMARY
- 26.1 BASE OIL
- 26.1.1 MINERAL BASE OIL
- 26.1.2 SYNTHETIC BASE OIL
- 26.1.3 BIO-BASED BASE OIL
- 26.2 GRADE
- 26.2.1 H1
- 26.2.2 H2
- 26.2.3 H3
- 26.3 APPLICATION
- 26.3.1 FOOD PROCESSING EQUIPMENT
- 26.3.2 PHARMACEUTICAL
- 26.3.3 COSMETIC
- 26.3.4 BEVERAGES
- 26.3.5 OTHERS
27 GEOGRAPHY
- 27.1 NORTH AMERICA
- 27.1.1 GRADE
- 27.1.2 BASE OIL
- 27.1.3 APPLICATION
- 27.2 EUROPE
- 27.2.1 GRADE
- 27.2.2 BASE OIL
- 27.2.3 APPLICATION
- 27.3 LATIN AMERICA
- 27.3.1 GRADE
- 27.3.2 BASE OIL
- 27.3.3 APPLICATION
- 27.4 MIDDLE EAST & AFRICA
- 27.4.1 GRADE
- 27.4.2 BASE OIL
- 27.4.3 APPLICATION
- 27.5 APAC
- 27.5.1 GRADE
- 27.5.2 BASE OIL
- 27.5.3 APPLICATION
28 APPENDIX