The functions of marine lubricants on a ship are numerous. Some of the areas of application of marine lubricants onboard a marine vessel includes:

Marine engine cylinder
Ramps and side doors
Lifeboat engines and elevators
Hydraulic systems
Transmission systems and open gears
Bow and stern thrusters
Gas compressors and turbochargers
Rudder and propeller controllers

The desired properties of any marine lubricant are highly specific, considering the harsh environment the equipment are subject to in the seas.

Analysts forecast the global marine lubricants market to grow at a CAGR of 4.3% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global marine lubricants market for 2016-2020. The report segments the marine lubricants market by the different product types which include:

Mineral oil based marine lubricants
Synthetic marine lubricants
Bio-based marine lubricants

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Marine Lubricants Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ExxonMobil
Castrol
Chevron
Shell
Total Lubmarine

To Enquiry about report visit @ http://www.bigmarketresearch.com/report-enquiry/590223

Other prominent vendors
World Fuel Services
Aegean Marine Petroleum
Sinopec
Unimarine
Idemitsu Kosan
Fuchs Lubricants
Gulf Oil
JX Nippon Oil and Energy (ENEOS)
Indian Oil (Servo)