Range of the Record
The record titled " Indian Auto and Commercial Lubricants Marketplace: Trends & Opportunities (2014-2019)” provides an insight into the lubes sector in India with a special give attention to sub-segments like automotive and industrial moisturizers. The survey also includes the production and usage trend, market value, segmentation on various variables and division structure with the Indian moisturizers sector. In addition, it discusses important growth drivers and key challenges confronted by moisturizers industry in India. Even more, key manufacturers of lubricants like Castrol India, HPCL, Gulf Olive oil and Indian Oil happen to be profiled in the report.
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•Castrol India Limited
•Hindustan Petroleum Corporation Limited (HPCL)
•Gulf Oil Firm Limited (GOCL)
•Indian Oil Corporation Limited (IOCL)
India is the sixth largest lubricant market worldwide in quantity terms at the rear of the US, Cina, Russia and Japan. India is a net base essential oil deficit marketplace and many ingredients used in moisturizers are mostly imported. Volume consumption of moisturizers in India has regularly declined above past few years as a result of bettering lubricant and engine top quality. In addition the entire year 2013 was accompanied by slower GDP growth rate and subdued professional activity that also affected the market margins.
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The lubricants use can be divided in two key sectors – Vehicle and Industrial. The demand pertaining to automotive lubricants in India is motivated by development in car population plus the consumption of industrial lubricants is extremely correlated with Index of Industrial Creation (IIP). Automobile lubricants...