Closed gear oil is used in closed gearboxes. In addition to the conventional physical and chemical performance requirements, special attention is paid to the requirements of extreme pressure wear resistance and oxidation stability.
This report contains market size and forecasts of Closed Gear Oil in global, including the following market information:
Global Closed Gear Oil Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Closed Gear Oil Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Closed Gear Oil companies in 2021 (%)
The global Closed 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.
Miner Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Closed Gear Oil include Exxon Mobil Corporation, Royal Dutch Shell, Chevron Corporation, TOTAL, BP, CNPC, Sinopec, FUCHS 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 Closed 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 Closed Gear Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Closed Gear Oil Market Segment Percentages, by Type, 2021 (%)
Miner Oil
Synthetic Oil
Global Closed Gear Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Closed Gear Oil Market Segment Percentages, by Application, 2021 (%)
Mining
Power Generation
Construction
Other
Global Closed Gear Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Closed 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 Closed Gear Oil revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Closed Gear Oil revenues share in global market, 2021 (%)
Key companies Closed Gear Oil sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Closed Gear Oil sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Exxon Mobil Corporation
Royal Dutch Shell
Chevron Corporation
TOTAL
BP
CNPC
Sinopec
FUCHS
LUKOIL
CARL BECHEM GMBH
Phillips 66 Lubricants
Lubrizol Corporation