Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report showing that strong growth in the Indian automotive, power and engineering sectors is creating new market opportunities for lubricants’ manufacturers.
Indian Lubricants Industry reports that in the automotive sector, consumers are migrating to better quality vehicles and motorbikes and as a result, using higher grade lubricants; this is benefiting multi-grade lubricant products with strong brand recognition and wide distribution.
The report shows that in the industrials’ segment, high levels of investment in the power, manufacturing and transport sectors should drive very strong growth for transformer oils, marine and aviation lubricants. Whilst there are no restrictions on foreign lubricant manufacturers from establishing 100%-owned operations in India, many have chosen to partner with local companies.
This new research study provides a comprehensive overview of the Indian lubricants’ industry. It covers: market size and structure; historical development; regulatory environment; major players; foreign investment; and growth prospects. The study covers both the automotive and industrial lubricants sectors.
The report contains profiles of the following companies: Apar Industries, Bharat Petroleum, Castrol India, Gulf Oil, Hindustan Petroleum, Indian Oil, Savita Chemicals and Tide Water. Each profile covers the company’s key activities (in the lubricants’ industry), basic financials and joint ventures and partnerships. It also details the Indian lubricants’ activities of all the major oil companies. The report is targeted at lubricant manufacturers and distributors who are keen to build an understanding of the Indian lubricants industry and the opportunities it presents. In addition to this, it will be extremely useful for financial investors pursuing investment opportunities in India, consultants and other industry analysts.
Report Buyer product ID: HVL00011
Report Buyer category: Industry & Manufacturing
