Global Marine Cylinder Oil Market Insights and Forecast to 2028

Marine Cylinder Oil Market 

Marine lubricants refer to lubricating oil and lubricating grease that used in marine industry. The use of lubricants and lubricant parameters on ships is an important role managed by the main engine lube oil system. This consists of a pump that pressurizes the oil, circulating it through a set of filters and a cooler before distribution to all the moving components of the diesel engine. Cylinder Oils are blended from highly refined base oils and multifunctional additive packages. They can be used in crosshead engines running on high sulfur content diesel or residual fuels. To counter the risk of corrosion from sulphuric acid condensates, marine cylinder oils are formulated with a higher alkalinity (BN) than found in other lubricants: typical automotive engine oils may be in the 8-15 BN range, for example, while current marine cylinder lubricants are typically of 40-80 BN.

Due to the COVID-19 pandemic, the global Marine Cylinder Oil market size is estimated to be worth US$ 2827.8 million in 2022 and is forecast to a readjusted size of US$ 3260.2 million by 2028 with a CAGR of 2.4% during the review period.

Fully considering the economic change by this health crisis, High-BN (70-100 BN) accounting for % of the Marine Cylinder Oil global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Deep Sea segment is altered to an % CAGR throughout this forecast period.

Global Marine Cylinder Oil key players include BP, ExxonMobil, Shell, Total, Chevron, etc. Global top five manufacturers hold a share about 75%. Asia Pacific is the largest market, with a share about 50%, followed by Europe, with a share about 20 percent. In terms of product, High-BN (70-100 BN) is the largest segment, with a share about 85%. And in terms of application, the largest application is Deep Sea, followed by Inland and Coastal.

In terms of production side, this report researches the Marine Cylinder Oil capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Marine Cylinder Oil by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Marine Cylinder Oil market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Marine Cylinder Oil market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

By Type

• High-BN (70-100 BN)
• Low-BN (15-60 BN)

By Application

• Deep Sea
• Inland and Coastal

By Company

• BP
• ExxonMobil
• Shell
• Total
• Chevron
• Sinopec
• Lukoil
• Idemitsu
• Quepet
• Gulf
• JX Nippon

By Region

• North America
• US.
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E