Precision Gear Oil is an industrial gear oil that is made of synthetic oil as the base oil and is made of unique formulas such as antifoaming agent, rust inhibitor, extreme pressure antiwear agent, viscosity index improver, antioxidant, oiliness agent and so on.
This report contains market size and forecasts of Precision Gear Oil in global, including the following market information:
Global Precision Gear Oil Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Precision Gear Oil Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Precision Gear Oil companies in 2021 (%)
The global Precision Gear Oil market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Rust and oxidation (R&O) Inhibited Oils Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Precision Gear Oil include Mercury Marine (Brunswick), Chevron, Shell, Exxonobil, BP, Total, Kunlun, Sinopec and Lukoil, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Precision Gear Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Precision Gear Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Precision Gear Oil Market Segment Percentages, by Type, 2021 (%)
Rust and oxidation (R&O) Inhibited Oils
Extreme Pressure (EP) Oils
Compounded (COMP) Oils
Global Precision Gear Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Precision Gear Oil Market Segment Percentages, by Application, 2021 (%)
Precision Machine Tool
Industrial Equipment
Transportation
Others
Global Precision Gear Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Precision Gear Oil Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Precision Gear Oil revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Precision Gear Oil revenues share in global market, 2021 (%)
Key companies Precision Gear Oil sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Precision Gear Oil sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mercury Marine (Brunswick)
Chevron
Shell
Exxonobil
BP
Total
Kunlun
Sinopec
Lukoil
Fuchs Petrolub Se
Idemitsu Kosan Co., Ltd
Phillips 66 Company
Croda International PLC
Amalie Oil
Nabtesco Corporation
Petro-Canada PRECISION