How Is The Industrial Lubricants Market Positioned In Indonesia? What Are the Major Market Trends Driving the Industry?
The industrial lubricants market in Indonesia is in its growth phase and is meeting demand expectations of every end-user industry (construction and mining, metal production, power generation, general manufacturing, and others) majorly by importing base oil from foreign countries and domestically producing industrial lubricants in the country. A rising number of Domestic & International Players in the market has been complimenting the size of this industry. Owing to these reasons, the market has grown significantly during the review period 2013 to 2018. Other reasons for the significant growth have been the growth of manufacturing sector in the country, mounting FDI projects and investment in various end-user sectors and multiple uses/application of one category of lubricant on the market. This has helped the sales volume of industrial lubricants in Indonesia to grow at a CAGR of ~% during the review period, 2013-2018. Indonesia industrial lubricants market is dominated by the National Oil and Gas Company, Pertamina and Shell and both of them together hold more than ~% of the market share.
Indonesian lubricants industry has witnessed stiff competition among major players including Pertamina, Shell, Castrol, Total, Exxon Mobil, Idemitsu, Chevron, Balmer, and Lawrie circulating more than 250 brands of lubricants in the country. Many international companies have started to set up their blending plants and manufacturing facilities in order to supply the growing demand for lubricants from the industrial and automotive sector. There are more than ~ lubricant blending facilities in the country as of 31st December 2018. The market has been growing majorly due to usage of hydraulic oil, industrial gear oil and industrial greases in multiple end-user applications and growing manufacturing, construction, power generation, mining and other industries in Indonesia.
What Is The Proportion Of Mineral; Semi-Synthetic & Synthetic Based Lubricants In Indonesia?
Mineral-based lubricants are extracted from naturally occurring crude. Semi-synthetic lubricants and synthetic lubricants are of superior quality. They are chemically synthesized to meet the demands of modern engines. Mineral, Semi-synthetic & Synthetic based lubricants are priced at IDR ~, ~ and ~ per liter respectively. Mineral oil-based lubricants were witnessed to dominate Indonesia industrial lubes market during 2018 with a volume share of ~%. This was followed by semi-synthetic and synthetic lubricants contributing ~ & ~ respectively to the total sales of Industrial Lubricants in the country. Mineral lubricants offer an advantage in terms of pricing. Synthetic and semi-synthetic lubricants have better stability and anti-wear properties as compared to mineral lubricants. Synthetic oil lubricants are customized lubricants that are designed as per specific customer requirements and hence conclude a more tractable option for industrial lubricant end users.
What Is The Proportion Of Hydraulic Oil, Industrial Greases, Metal Working Fluid & Other Industrial Lubricants In Indonesia?
Hydraulic oils contribute the highest proportion in the Indonesia industrial lubricants market with a volume share of ~ % in 2018. The segment has generated the highest sales in 2018 due to demand from multiple end-users in the country namely mining, construction, power generation, general manufacturing, and others. The segment has generated the highest sales in 2018 due to multiple end-users in the industry namely mining, construction, power generation, general manufacturing, and others. The remaining volume shares of ~ % were captured by other lubricant types including industrial greases, metalworking fluids, gear oils, turbine oils, and compressor oils respectively in 2018.
Key Segments Covered in Indonesia Industrial Lubricants Market:-
By Origin
Mineral Lubricant
Semi-Synthetic Lubricant
Synthetic Lubricant
By Type of Industrial Lubricants
Hydraulic Oils
Industrial Greases
Metal Working Fluids
Industrial Gear Oils
Turbine Oils
Compressor Oils
Others
By Industrial End Uses
Construction and Mining
General Manufacturing
Power Generation
Metal production
Food Processing
Cement
Others
By Type of Distribution Channels
Direct Sales
Dealer Network
By Sales Clusters
Kalimantan
Sulawesi
Papua
Sumatra
By Basis of Packaging
Barrels, Drums
Smaller Packs
IBC (Intermediate Bulk Containers)
Key Target Audience
Industrial Lubricant Manufacturers
Industrial Lubricant Importers
Industrial Lubricant Distributors
Government and Regulatory Authority
Construction Companies
Textile Companies
Cement Companies
Mining Companies
Paper and Pulp Manufacturers
Power Generation Companies
Steel Manufacturers
Investors and VC Firms
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
Companies Covered:-
PT Pertamina Lubricants
PT Shell Indonesia
Exxon Mobil
PT Castrol Indonesia
PT Total Indonesia
PT Idemitsu Lube Indonesia
PT Balmer Lawrie Indonesia
PT Pacific Lubritama
PT Fuchs Lubricants Indonesia
PT Chevron Indonesia
Key Topics Covered in the Report:-
PT Chevron Indonesia Lubricants Sales Volume
Industrial Lubricants Market in Indonesia
Industrial Lubricants Market Indonesia
Industrial Clusters of Indonesia
Lubricant Distributors in Indonesia
Industrial Lubricants Sales Volume Shell
Indonesia Lubricant Market
Indonesia Lubricant Industry
Indonesia industrial lubricant
Industrial lubricants Indonesia
Indonesia Lubricants industry
Indonesia Lubricants market
Indonesia Industrial Lubricants
Number of Players Indonesia Lubricant
Hydraulic Oil Sales Indonesia
Industrial Greases Sales in Indonesia
Compressor Oil Sales in Indonesia
Turbine Oil Sales in Indonesia
Indonesia Compressor Oils Sales
Gear Oil Sales in Indonesia
For More Information On The Research Report, Refer To Below Link:-
Indonesia Industrial Lubricants Market Outlook
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