1	INTRODUCTION	41 
1.1	STUDY OBJECTIVES	41 
1.2	MARKET DEFINITION	41 
1.2.1	INCLUSIONS AND EXCLUSIONS	42 
1.2.2	MARKET DEFINITIONS AND INCLUSIONS, BY TYPE	42 
1.2.3	MARKET DEFINITIONS AND INCLUSIONS, BY PRODUCT TYPE	43 
1.2.4	MARKET DEFINITIONS AND INCLUSIONS, BY END-USE INDUSTRY	43 
1.3	MARKET SCOPE	44 
1.3.1	MARKET SEGMENTATION	44 
1.3.2	REGIONS COVERED	44 
1.4	YEARS CONSIDERED	45 
1.5	CURRENCY CONSIDERED	45 
1.6	UNITS CONSIDERED	45 
1.7	STAKEHOLDERS	45 
1.8	SUMMARY OF CHANGES	46 
1.8.1	IMPACT OF RECESSION	46 
2	RESEARCH METHODOLOGY	47 
2.1	RESEARCH DATA	47 
FIGURE 1	RESEARCH DESIGN	47 
2.1.1	SECONDARY DATA	47 
2.1.2	PRIMARY DATA	48 
2.1.2.1	Interviews with experts–demand and supply sides	48 
2.1.2.2	Key industry insights	48 
2.1.2.3	Breakdown of interviews with experts	49 
2.2	MARKET SIZE ESTIMATION	49 
2.2.1	BOTTOM UP APPROACH	50 
FIGURE 2	MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE SHARE OF MAJOR PLAYERS	50 
FIGURE 3	MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS	50 
FIGURE 4	MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – BOTTOM UP (DEMAND SIDE): PRODUCTS SOLD	51 
2.3	DATA TRIANGULATION	51 
FIGURE 5	DATA TRIANGULATION	52 
2.4	GROWTH RATE ASSUMPTIONS/GROWTH FORECASTS	52 
2.4.1	SUPPLY SIDE	53 
FIGURE 6	MARKET GROWTH PROJECTION FROM SUPPLY SIDE	53 
2.4.2	DEMAND SIDE	53 
FIGURE 7	MARKET GROWTH PROJECTION FROM DEMAND SIDE DRIVERS AND OPPORTUNITIES	53 
2.5	IMPACT OF RECESSION	54 
2.6	ASSUMPTIONS	54 
2.7	LIMITATIONS	54 
2.8	RISK ASSESSMENT	55 
TABLE 1	RISK ASSESSMENT	55 
3	EXECUTIVE SUMMARY	56 
FIGURE 8	PAOS SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023	56 
FIGURE 9	COMPRESSOR OIL TO BE FASTEST-GROWING SEGMENT IN SYNTHETIC LUBRICANTS MARKET	57 
FIGURE 10	ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF SYNTHETIC  LUBRICANTS MARKET IN 2022	58 
4	PREMIUM INSIGHTS	59 
4.1	ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SYNTHETIC  LUBRICANTS MARKET	59 
FIGURE 11	EMERGING ECONOMIES IN ASIA PACIFIC TO FUEL MARKET DEMAND	59 
4.2	ASIA PACIFIC SYNTHETIC LUBRICANTS MARKET,  BY APPLICATION AND COUNTRY	59 
FIGURE 12	CHINA LED ASIA PACIFIC SYNTHETIC LUBRICANTS MARKET IN 2022	59 
4.3	SYNTHETIC LUBRICANTS MARKET, BY REGION	60 
FIGURE 13	ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2022	60 
4.4	SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE	60 
FIGURE 14	ENGINE OILS SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023	60 
4.5	SYNTHETIC LUBRICANTS MARKET, BY TYPE VS. REGION	61 
FIGURE 15	PAO WAS DOMINANT SEGMENT IN SYNTHETIC LUBRICANTS MARKET IN MOST REGIONS IN 2022	61 
4.6	SYNTHETIC LUBRICANTS MARKET ATTRACTIVENESS	61 
FIGURE 16	CHINA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD	61 
5	MARKET OVERVIEW	62 
5.1	INTRODUCTION	62 
5.2	MARKET DYNAMICS	62 
FIGURE 17	DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SYNTHETIC LUBRICANTS MARKET	62 
5.2.1	DRIVERS	63 
5.2.1.1	Significant growth of construction industry in Asia Pacific and Middle East & Africa	63 
5.2.1.2	Growth in offshore exploration and production activities	63 
5.2.1.3	Growing demand for high-quality lubricants	63 
5.2.1.4	Rise in automation in construction industry	64 
5.2.2	RESTRAINTS	64 
5.2.2.1	Rise in demand for alternative fuels	64 
5.2.2.2	Stringent environmental regulations	64 
5.2.3	OPPORTUNITIES	65 
5.2.3.1	Leveraging e-commerce industry to increase customer reach	65 
5.2.3.2	Advancements in synthetic lubricant technologies	65 
5.2.4	CHALLENGES	65 
5.2.4.1	Emergence of alternative technologies	65 
5.2.4.2	Rising raw material prices	65 
TABLE 2	CRUDE OIL PRICE TRENDS (2019–2022)	66 
5.3	PORTER’S FIVE FORCES ANALYSIS	66 
FIGURE 18	PORTER’S FIVE FORCES ANALYSIS	66 
5.3.1	THREAT OF SUBSTITUTES	67 
5.3.2	THREAT OF NEW ENTRANTS	67 
5.3.3	BARGAINING POWER OF SUPPLIERS	67 
5.3.4	BARGAINING POWER OF BUYERS	68 
5.3.5	INTENSITY OF COMPETITIVE RIVALRY	68 
TABLE 3	SYNTHETIC LUBRICANTS MARKET: PORTER’S FIVE FORCES ANALYSIS	68 
5.4	MACROECONOMIC INDICATORS	68 
5.4.1	GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES	69 
TABLE 4	GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES, 2020–2028 (USD BILLION)	69 
6	INDUSTRY TRENDS	70 
6.1	SUPPLY CHAIN ANALYSIS	70 
FIGURE 19	SUPPLY CHAIN	70 
6.1.1	RAW MATERIALS	70 
6.1.2	MANUFACTURERS	70 
6.1.3	DISTRIBUTION TO END USERS	71 
6.1.4	END-USE INDUSTRIES	71 
6.2	TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS	71 
FIGURE 20	REVENUE SHIFT FOR SYNTHETIC LUBRICANTS MARKET	71 
6.3	ECOSYSTEM ANALYSIS/MARKET MAP	72 
FIGURE 21	ECOSYSTEM	72 
TABLE 5	ECOSYSTEM	72 
6.4	CASE STUDIES	74 
6.4.1	LUBRICATION FAILURE IN SHIP’S MAIN ENGINE: CAUSE,  EFFECT, AND SOLUTION	74 
6.4.2	KLÜBER LUBRICATION LAUNCHES INNOVATIVE SOLUTION FOR SUSTAINABLE SHIP PROPULSION	74 
6.4.3	CHEVRON ORONITE INTRODUCES NEW MARINE CYLINDER LUBRICANT ADDITIVE PACKAGE FOR IMO 2020-COMPLIANT FUELS	74 
6.5	TECHNOLOGY ANALYSIS	75 
6.5.1	KEY TECHNOLOGIES	75 
6.5.1.1	Nanotechnology in synthetic lubricants	75 
6.5.2	COMPLEMENTARY TECHNOLOGIES	75 
6.5.2.1	Refining process technologies	75 
6.5.2.2	Re-refining technology	75 
6.5.2.3	SO2 scrubbing system technology	76 
6.6	KEY STAKEHOLDERS AND BUYING CRITERIA	76 
6.6.1	KEY STAKEHOLDERS IN BUYING PROCESS	76 
FIGURE 22	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP  THREE PRODUCT TYPES	76 
TABLE 6	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE  PRODUCT TYPES (%)	76 
6.6.2	BUYING CRITERIA	77 
FIGURE 23	KEY BUYING CRITERIA FOR TOP THREE PRODUCT TYPES	77 
TABLE 7	KEY BUYING CRITERIA FOR TOP THREE PRODUCT TYPES	77 
6.7	PRICING ANALYSIS	78 
6.7.1	AVERAGE SELLING PRICE TREND, BY REGION	78 
FIGURE 24	AVERAGE SELLING PRICE TREND OF SYNTHETIC LUBRICANTS,  BY REGION (USD/KG)	78 
TABLE 8	AVERAGE SELLING PRICE TREND OF SYNTHETIC LUBRICANTS, BY REGION (USD/KG)	78 
6.7.2	AVERAGE SELLING PRICE TREND OF KEY PLAYERS,  BY PRODUCT TYPE	79 
FIGURE 25	AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PRODUCT TYPE	79 
TABLE 9	AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PRODUCT TYPE (USD/KG)	79 
6.8	TRADE ANALYSIS	79 
6.8.1	IMPORT SCENARIO OF SYNTHETIC LUBRICANTS	79 
FIGURE 26	IMPORTS OF SYNTHETIC LUBRICANTS, BY KEY COUNTRY, 2013–2021	80 
TABLE 10	IMPORTS OF SYNTHETIC LUBRICANTS, BY REGION, 2013–2021 (USD MILLION)	80 
6.8.2	EXPORT SCENARIO OF SYNTHETIC LUBRICANTS	81 
FIGURE 27	EXPORTS OF SYNTHETIC LUBRICANTS, BY KEY COUNTRY, 2013–2021	81 
TABLE 11	EXPORTS OF SYNTHETIC LUBRICANTS, BY REGION, 2013–2021 (USD MILLION)	81 
6.9	REGULATORY LANDSCAPE OF SYNTHETIC LUBRICANTS	82 
6.9.1	REGULATIONS FOR SYNTHETIC LUBRICANTS	82 
TABLE 12	NORTH AMERICA: REGULATIONS FOR SYNTHETIC LUBRICANTS	82 
TABLE 13	EUROPE: REGULATIONS FOR SYNTHETIC LUBRICANTS	82 
TABLE 14	ASIA PACIFIC: REGULATIONS FOR SYNTHETIC LUBRICANTS	83 
TABLE 15	MIDDLE EAST & AFRICA: REGULATIONS FOR SYNTHETIC LUBRICANTS	84 
TABLE 16	SOUTH AMERICA: REGULATIONS FOR SYNTHETIC LUBRICANTS	84 
6.9.2	REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	84 
6.10	KEY CONFERENCES & EVENTS, 2024–2025	85 
TABLE 17	DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025	85 
6.11	INVESTMENT LANDSCAPE	85 
6.12	PATENT ANALYSIS	86 
6.12.1	APPROACH	86 
6.12.2	DOCUMENT TYPE	86 
TABLE 18	PATENT STATUS AND COUNT	86 
FIGURE 28	PATENTS REGISTERED IN SYNTHETIC LUBRICANTS MARKET, 2012–2022	86 
FIGURE 29	PATENT PUBLICATION TRENDS, 2012–2022	87 
FIGURE 30	LEGAL STATUS OF PATENTS FILED IN SYNTHETIC LUBRICANTS MARKET	87 
6.12.3	JURISDICTION ANALYSIS	88 
FIGURE 31	MAXIMUM PATENTS FILED IN JURISDICTION OF US	88 
6.12.4	TOP APPLICANTS	88 
FIGURE 32	LUBRIZOL CORPORATION REGISTERED MAXIMUM NUMBER OF PATENTS BETWEEN 2012 AND 2022	88 
TABLE 19	LIST OF PATENTS BY LUBRIZOL CORPORATION	89 
7	SYNTHETIC LUBRICANTS MARKET, BY TYPE	90 
7.1	INTRODUCTION	91 
FIGURE 33	ESTERS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD	91 
TABLE 20	SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (USD MILLION)	91 
TABLE 21	SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (USD MILLION)	91 
TABLE 22	SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (KILOTON)	92 
TABLE 23	SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (KILOTON)	92 
7.2	POLYALPHAOLEFINS (PAOS)	92 
7.2.1	WIDE OPERATIONAL TEMPERATURE RANGE AND OXIDATIVE STABILITY TO DRIVE MARKET	92 
TABLE 24	PAOS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	93 
TABLE 25	PAOS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	93 
TABLE 26	PAOS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	93 
TABLE 27	PAOS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	94 
7.3	ESTERS	94 
7.3.1	USE IN JET ENGINE LUBRICANTS, REFRIGERATION LUBRICANTS,  AIR COMPRESSORS, AND AUTOMOTIVE SECTOR TO DRIVE MARKET	94 
TABLE 28	ESTERS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	94 
TABLE 29	ESTERS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	95 
TABLE 30	ESTERS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	95 
TABLE 31	ESTERS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	95 
7.4	POLYALKYLENE GLYCOLS (PAGS)	96 
7.4.1	INCREASING DEMAND FOR METALWORKING FLUIDS TO DRIVE MARKET	96 
TABLE 32	PAGS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	96 
TABLE 33	PAGS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	96 
TABLE 34	PAGS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	97 
TABLE 35	PAGS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	97 
7.5	GROUP III (HYDROCRACKING)	97 
7.5.1	BETTER PERFORMANCE UNDER EXTREME CONDITIONS, VISCOSITY INDEX, HIGHER SHEAR STABILITY, AND CHEMICAL RESISTANCE TO DRIVE MARKET	97 
TABLE 36	GROUP III: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	98 
TABLE 37	GROUP III: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	98 
TABLE 38	GROUP III: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	98 
TABLE 39	GROUP III: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	99 
8	SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE	100 
8.1	INTRODUCTION	101 
FIGURE 34	COMPRESSOR OILS SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD	101 
TABLE 40	SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	101 
TABLE 41	SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	102 
TABLE 42	SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	102 
TABLE 43	SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	103 
8.2	ENGINE OILS	103 
8.2.1	RAPID EXPANSION OF AUTOMOTIVE SECTOR TO DRIVE MARKET	103 
TABLE 44	ENGINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	103 
TABLE 45	ENGINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	104 
TABLE 46	ENGINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	104 
TABLE 47	ENGINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	104 
8.3	HYDRAULIC FLUIDS	105 
8.3.1	GROWING MANUFACTURING SECTOR IN EMERGING ECONOMIES TO DRIVE MARKET	105 
TABLE 48	HYDRAULIC FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	105 
TABLE 49	HYDRAULIC FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	105 
TABLE 50	HYDRAULIC FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	106 
TABLE 51	HYDRAULIC FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	106 
8.4	METALWORKING FLUIDS	106 
8.4.1	GROWTH IN AUTOMOTIVE MANUFACTURING AND EXPANSION OF MACHINERY AND METAL FABRICATION INDUSTRIES TO  DRIVE MARKET	106 
TABLE 52	METALWORKING FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	107 
TABLE 53	METALWORKING FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	107 
TABLE 54	METALWORKING FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	107 
TABLE 55	METALWORKING FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION,  2022–2028 (KILOTON)	108 
8.5	COMPRESSOR OILS	108 
8.5.1	GROWING DEMAND FOR INDUSTRIAL MACHINERY & EQUIPMENT  TO DRIVE MARKET	108 
TABLE 56	COMPRESSOR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	108 
TABLE 57	COMPRESSOR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	109 
TABLE 58	COMPRESSOR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	109 
TABLE 59	COMPRESSOR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	109 
8.6	GEAR OILS	110 
8.6.1	EXPANDING AUTOMOTIVE INDUSTRY TO OFFER SIGNIFICANT GROWTH OPPORTUNITIES TO DRIVE MARKET	110 
TABLE 60	GEAR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	110 
TABLE 61	GEAR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	110 
TABLE 62	GEAR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	111 
TABLE 63	GEAR OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	111 
8.7	REFRIGERATION OILS	111 
8.7.1	INCREASING DEMAND FOR CONSUMER APPLIANCES  TO DRIVE MARKET	111 
TABLE 64	REFRIGERATION OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	112 
TABLE 65	REFRIGERATION OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	112 
TABLE 66	REFRIGERATION OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	112 
TABLE 67	REFRIGERATION OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	113 
8.8	TRANSMISSION FLUIDS	113 
8.8.1	INCREASINGLY STRINGENT ENVIRONMENTAL REGULATIONS  TO DRIVE MARKET	113 
TABLE 68	TRANSMISSION FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	113 
TABLE 69	TRANSMISSION FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	114 
TABLE 70	TRANSMISSION FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	114 
TABLE 71	TRANSMISSION FLUIDS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	114 
8.9	TURBINE OILS	115 
8.9.1	GROWING DEMAND FOR ENERGY TO DRIVE MARKET	115 
TABLE 72	TURBINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	115 
TABLE 73	TURBINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	115 
TABLE 74	TURBINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	116 
TABLE 75	TURBINE OILS: SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	116 
9	SYNTHETIC LUBRICANTS MARKET, BY END-USE INDUSTRY	117 
9.1	INTRODUCTION	118 
9.2	TRANSPORTATION	118 
9.2.1	COMMERCIAL VEHICLES	118 
9.2.1.1	Growing need for buses and taxis to drive market	118 
9.2.2	PASSENGER VEHICLES	119 
9.2.2.1	Economic development and rise in spending power to  drive market	119 
9.2.2.2	4-wheelers	119 
9.2.2.3	2-wheelers	119 
9.2.3	AVIATION	120 
9.2.3.1	Rising living standards and decreasing airfare to drive  market	120 
9.2.4	MARINE	120 
9.2.4.1	Superior shear resistance, thermal stability, viscosity stability, engine longevity, and fuel economy to drive market	120 
9.2.5	RAILWAY	120 
9.2.5.1	Developed railway operations in North America to drive market	120 
9.3	INDUSTRIAL	121 
9.3.1	CONSTRUCTION	121 
9.3.1.1	Increased government investments in infrastructure projects to drive market	121 
9.3.2	METAL & MINING	121 
9.3.2.1	Demand for bucket wheels, excavators, draglines, electric rope shovels, hydraulic shovels, and mining trucks to drive market	121 
9.3.3	CEMENT PRODUCTION	121 
9.3.3.1	Utility in crushers, mills, kilns, and coolers to drive market	121 
9.3.4	POWER GENERATION	122 
9.3.4.1	Provision of superior performance, water resistance, and high corrosion inhibition to drive market	122 
9.3.5	AUTOMOTIVE (VEHICLE MANUFACTURING)	122 
9.3.5.1	Smooth operation and long service life of machines to drive market	122 
9.3.6	CHEMICAL	122 
9.3.6.1	Requirement for compressor oils in gas compressors, industrial valves, fittings, and rolling bearings to drive market	122 
9.3.7	OIL & GAS	122 
9.3.7.1	Demand for pipe connections, derricks, mud systems, thrusters, and deck cranes to drive market	122 
9.3.8	TEXTILE	123 
9.3.8.1	Use in knitting machines, fiber processing machines, spinning machines, cutting machines, and rolling machines to drive market	123 
9.3.9	FOOD PROCESSING	123 
9.3.9.1	Protection against wear, corrosion, and contamination in food processing equipment to drive market	123 
9.4	OTHER END-USE INDUSTRIES	123 
10	SYNTHETIC LUBRICANTS MARKET, BY REGION	124 
10.1	INTRODUCTION	125 
FIGURE 35	ASIA PACIFIC TO BE FASTEST-GROWING SYNTHETIC LUBRICANTS MARKET	125 
TABLE 76	SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (USD MILLION)	125 
TABLE 77	SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (USD MILLION)	125 
TABLE 78	SYNTHETIC LUBRICANTS MARKET, BY REGION, 2017–2021 (KILOTON)	126 
TABLE 79	SYNTHETIC LUBRICANTS MARKET, BY REGION, 2022–2028 (KILOTON)	126 
10.2	EUROPE	126 
FIGURE 36	EUROPE: SYNTHETIC LUBRICANTS MARKET SNAPSHOT	127 
10.2.1	IMPACT OF RECESSION ON EUROPE	127 
10.2.2	EUROPE SYNTHETIC LUBRICANTS MARKET, BY TYPE	128 
TABLE 80	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (USD MILLION)	128 
TABLE 81	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (USD MILLION)	128 
TABLE 82	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (KILOTON)	128 
TABLE 83	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (KILOTON)	129 
10.2.3	EUROPE SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE	129 
TABLE 84	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	129 
TABLE 85	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (USD MILLION)	129 
TABLE 86	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	130 
TABLE 87	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	130 
10.2.4	EUROPE SYNTHETIC LUBRICANTS MARKET, BY COUNTRY	131 
TABLE 88	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION)	131 
TABLE 89	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	131 
TABLE 90	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (KILOTON)	132 
TABLE 91	EUROPE: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (KILOTON)	132 
10.2.4.1	Germany	132 
10.2.4.1.1	High automotive production to drive market	132 
TABLE 92	GERMANY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	133 
TABLE 93	GERMANY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	133 
TABLE 94	GERMANY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	134 
TABLE 95	GERMANY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (KILOTON)	134 
10.2.4.2	UK	135 
10.2.4.2.1	Increasing investments in infrastructure to drive market	135 
TABLE 96	UK: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	135 
TABLE 97	UK: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	135 
TABLE 98	UK: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	136 
TABLE 99	UK: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	136 
10.2.4.3	France	136 
10.2.4.3.1	Increasing environmental regulations to drive  market	136 
TABLE 100	FRANCE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	137 
TABLE 101	FRANCE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	137 
TABLE 102	FRANCE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	138 
TABLE 103	FRANCE: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	138 
10.2.4.4	Italy	138 
10.2.4.4.1	Growth of manufacturing sector to drive market	138 
TABLE 104	ITALY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	139 
TABLE 105	ITALY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	139 
TABLE 106	ITALY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	140 
TABLE 107	ITALY: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	140 
  
10.2.4.5	Spain	140 
10.2.4.5.1	Industrial and automotive manufacturing sectors to drive market	140 
TABLE 108	SPAIN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	141 
TABLE 109	SPAIN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	141 
TABLE 110	SPAIN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	142 
TABLE 111	SPAIN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	142 
10.2.4.6	Russia	142 
10.2.4.6.1	Large oil & gas industry to drive market	142 
TABLE 112	RUSSIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	143 
TABLE 113	RUSSIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	143 
TABLE 114	RUSSIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	144 
TABLE 115	RUSSIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	144 
10.3	NORTH AMERICA	144 
FIGURE 37	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET SNAPSHOT	145 
10.3.1	IMPACT OF RECESSION ON NORTH AMERICA	145 
10.3.2	NORTH AMERICA SYNTHETIC LUBRICANTS MARKET, BY TYPE	146 
TABLE 116	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (USD MILLION)	146 
TABLE 117	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (USD MILLION)	146 
TABLE 118	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (KILOTON)	146 
TABLE 119	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (KILOTON)	147 
10.3.3	NORTH AMERICA SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE	147 
TABLE 120	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)	147 
TABLE 121	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	148 
TABLE 122	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	148 
TABLE 123	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	149 
10.3.4	NORTH AMERICA SYNTHETIC LUBRICANTS MARKET, BY COUNTRY	149 
TABLE 124	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION)	149 
TABLE 125	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	149 
TABLE 126	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (KILOTON)	150 
TABLE 127	NORTH AMERICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (KILOTON)	150 
10.3.4.1	US	150 
10.3.4.1.1	Automotive and aviation sectors to drive market	150 
TABLE 128	US: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	151 
TABLE 129	US: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	151 
TABLE 130	US: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	152 
TABLE 131	US: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	152 
10.3.4.2	Canada	152 
10.3.4.2.1	Growing manufacturing and marine sectors to drive market	152 
TABLE 132	CANADA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	153 
TABLE 133	CANADA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	153 
TABLE 134	CANADA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	154 
TABLE 135	CANADA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	154 
10.3.4.3	Mexico	154 
10.3.4.3.1	Rapid growth of automotive and construction sectors  to drive market	154 
TABLE 136	MEXICO: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	155 
TABLE 137	MEXICO: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	155 
TABLE 138	MEXICO: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	156 
TABLE 139	MEXICO: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	156 
10.4	ASIA PACIFIC	156 
FIGURE 38	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET SNAPSHOT	157 
10.4.1	IMPACT OF RECESSION ON ASIA PACIFIC	157 
10.4.2	ASIA PACIFIC SYNTHETIC LUBRICANTS MARKET, BY TYPE	158 
TABLE 140	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (USD MILLION)	158 
TABLE 141	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (USD MILLION)	158 
TABLE 142	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2017–2021 (KILOTON)	159 
TABLE 143	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY TYPE, 2022–2028 (KILOTON)	159 
10.4.3	ASIA PACIFIC SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE	159 
TABLE 144	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	159 
TABLE 145	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	160 
TABLE 146	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	160 
TABLE 147	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	161 
10.4.4	ASIA PACIFIC SYNTHETIC LUBRICANTS MARKET, BY COUNTRY	161 
TABLE 148	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION)	161 
TABLE 149	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	162 
TABLE 150	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2017–2021 (KILOTON)	162 
TABLE 151	ASIA PACIFIC: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY, 2022–2028 (KILOTON)	163 
10.4.4.1	China	163 
10.4.4.1.1	Presence of major manufacturing industries to drive market	163 
TABLE 152	CHINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	163 
TABLE 153	CHINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	164 
TABLE 154	CHINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	164 
TABLE 155	CHINA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	165 
10.4.4.2	Japan	165 
10.4.4.2.1	Stringent environmental regulations and high automobile production to drive market	165 
TABLE 156	JAPAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	165 
TABLE 157	JAPAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	166 
TABLE 158	JAPAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	166 
TABLE 159	JAPAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	167 
10.4.4.3	India	167 
10.4.4.3.1	Increasing vehicle buyers and rising foreign direct investments to drive market	167 
TABLE 160	INDIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	168 
TABLE 161	INDIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	168 
TABLE 162	INDIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	169 
TABLE 163	INDIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	169 
10.4.4.4	South Korea	169 
10.4.4.4.1	Industrial, transportation, and marine sectors to drive market	169 
TABLE 164	SOUTH KOREA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)	170 
TABLE 165	SOUTH KOREA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (USD MILLION)	170 
TABLE 166	SOUTH KOREA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (KILOTON)	171 
TABLE 167	SOUTH KOREA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (KILOTON)	171 
10.4.4.5	Indonesia	171 
10.4.4.5.1	Growing oil & gas sector to drive market	171 
TABLE 168	INDONESIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)	172 
TABLE 169	INDONESIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (USD MILLION)	172 
TABLE 170	INDONESIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (KILOTON)	173 
TABLE 171	INDONESIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (KILOTON)	173 
10.4.4.6	Thailand	173 
10.4.4.6.1	Emerging automotive, electronics, and textiles sectors to drive market	173 
TABLE 172	THAILAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)	174 
TABLE 173	THAILAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (USD MILLION)	174 
TABLE 174	THAILAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	175 
TABLE 175	THAILAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	175 
10.4.4.7	Australia and New Zealand	175 
10.4.4.7.1	Well-established mining industry to drive market	175 
TABLE 176	AUSTRALIA AND NEW ZEALAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	176 
TABLE 177	AUSTRALIA AND NEW ZEALAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	176 
TABLE 178	AUSTRALIA AND NEW ZEALAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	177 
TABLE 179	AUSTRALIA AND NEW ZEALAND: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	177 
10.5	MIDDLE EAST & AFRICA	177 
10.5.1	IMPACT OF RECESSION ON MIDDLE EAST & AFRICA	178 
10.5.2	MIDDLE EAST & AFRICA SYNTHETIC LUBRICANTS MARKET, BY TYPE	178 
TABLE 180	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE,  2017–2021 (USD MILLION)	178 
TABLE 181	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE,  2022–2028 (USD MILLION)	178 
TABLE 182	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE,  2017–2021 (KILOTON)	179 
TABLE 183	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY TYPE,  2022–2028 (KILOTON)	179 
10.5.3	MIDDLE EAST & AFRICA SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE	180 
TABLE 184	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)	180 
TABLE 185	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (USD MILLION)	180 
TABLE 186	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (KILOTON)	181 
TABLE 187	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (KILOTON)	181 
10.5.4	MIDDLE EAST & AFRICA SYNTHETIC LUBRICANTS MARKET, BY COUNTRY	182 
TABLE 188	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY,  2017–2021 (USD MILLION)	182 
TABLE 189	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY,  2022–2028 (USD MILLION)	182 
TABLE 190	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY,  2017–2021 (KILOTON)	183 
TABLE 191	MIDDLE EAST & AFRICA: SYNTHETIC LUBRICANTS MARKET, BY COUNTRY,  2022–2028 (KILOTON)	183 
10.5.4.1	GCC	183 
10.5.4.1.1	Significant investments in transportation networks, utilities, and real estate sector to drive market	183 
10.5.4.1.2	Saudi Arabia	184 
10.5.4.1.2.1	Large oil & gas sector to drive market	184 
TABLE 192	SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)	184 
TABLE 193	SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (USD MILLION)	185 
TABLE 194	SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (KILOTON)	185 
TABLE 195	SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (KILOTON)	186 
10.5.4.2	Iran	186 
10.5.4.2.1	Developing automotive industry to drive market	186 
TABLE 196	IRAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	187 
TABLE 197	IRAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (USD MILLION)	187 
TABLE 198	IRAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2017–2021 (KILOTON)	188 
TABLE 199	IRAN: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE, 2022–2028 (KILOTON)	188 
10.5.4.3	South Africa	188 
10.5.4.3.1	Need to significantly reduce CO2 emissions and fuel consumption to drive market	188 
TABLE 200	SOUTH AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)	189 
TABLE 201	SOUTH AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (USD MILLION)	189 
TABLE 202	SOUTH AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2017–2021 (KILOTON)	190 
TABLE 203	SOUTH AFRICA: SYNTHETIC LUBRICANTS MARKET, BY PRODUCT TYPE,  2022–2028 (KILOTON)	190 
 |