US market value for lubricants will rise four percent annually through 2012, driven by the impact of high base oil costs and shifts toward higher-quality formulations. The key engine oil segment will grow the fastest based on increasing motor vehicles in use and continued growth in the ?do-it-for-me? engine oil change market. This study analyzes the $13.4 billion US lubricant industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by base oil (e.g., petroleum, synthetic, re-refined, bio-based), lubricant product (e.g., engine oils, process oils, general industrial oils, transmission and hydraulic fluids, metalworking fluids, gear oils, greases) and market. The study also considers market environment factors, details industry structure, evaluates company market share and profiles 37 industry players, including Shell, Exxon Mobil and Chevron.
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