Europe Soybean Oil based Lubricants Market Size, Share, Growth, Trends and Industry Analysis: By Product Type, By Application, and Country Forecast 2020-2031
Europe Soybean Oil based Lubricants Market size was valued at US$ x million in 2024 and is expected to reach US$ x million by 2031, growing at a significant CAGR of x% from 2025-2031. Petroleum- or mineral-based oils have historically been, and will likely continue to be the economical choice for many manufacturers to satisfy performance, logistic and cost targets in many applications. The R&D activities for the development of soybean oil-based lubricants has fostered the growth of the market.
Moreover, owing to its greener and safer attributes it is one of the preferred candidate by most of the manufacturers, thereby increasing in its demand. Rising importance of earning carbon benefits in chemical industry is expected to promote demand for bio-based process oils and tap new markets over the forecast period. Key players are now complementing others players for collaborations, acquisitions, new product launch thereby enhancing their product portfolio in the Europe market. New products and services are the lifeblood of all businesses. Investing in their development isn't an optional extra - it is crucial to business growth and profitability.
For instance, in May 2017, Cargill, Inc. acquired the vegetable-based polyol product lines and other assets of BioBased Technologies in an attempt to strengthen its bio-industrial offerings for existing customers and mark its entry into new segments.
Development and launch of innovative soybean oil-based lubricants by the market players enables surge in the lubricants market demand over the forecast years. For instance. In July 2, 2018 – Archer Daniels Midland Company (NYSE: ADM) and Cargill have successfully completed their transaction and formally launched SoyVenTM their new joint venture to provide soybean meal and oil for customers in Egypt
Europe soybean oil based lubricants market has prominent share attributed due to implementation of phytosanitary norms aimed at implementation of safety measures in food processing industries, which are expected to fuel soybean oil-based lubricants market demand over the next seven years in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
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By Application Type |
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2024 is the base year and 2031 is the forecast year.
The market coverage are the Germany, France, Italy, Spain, and United Kingdom (UK)
The market key players are the Cargill, Environmental Manufacturing, Monsanto Company, Biosynthetic Technologies, Cortec Corporation, Pioneer Hi-Bred International, Linnaeus Plant Sciences
| 1.Executive Summary |
| 2.Europe Soybean Oil Based Lubricants Market Introduction |
| 2.1.Europe Soybean Oil Based Lubricants Market - Taxonomy |
| 2.2.Europe Soybean Oil Based Lubricants Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Application Type |
| 2.2.3.Country |
| 2.2.4.Country |
| 3.Europe Soybean Oil Based Lubricants Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Europe Soybean Oil Based Lubricants Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Europe Soybean Oil Based Lubricants Market By Product Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 5.1. Type 1 |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Type 2 |
| 5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Europe Soybean Oil Based Lubricants Market By Application Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 6.1. Metalworking Fluids |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Engine Oils |
| 6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Hydraulic Fluids |
| 6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Process Oil |
| 6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Food Grade Lubricants |
| 6.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.Europe Soybean Oil Based Lubricants Market By Country, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 7.1. Europe |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Germany |
| 7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. UK |
| 7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. France |
| 7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Russia |
| 7.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Spain |
| 7.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Italy |
| 7.7.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 7.8. Rest of Europe |
| 7.8.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.8.3. Market Opportunity Analysis |
| 8.Europe Soybean Oil Based Lubricants Market By Country, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 8.1. Germany |
| 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. France |
| 8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Italy |
| 8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. United Kingdom (UK) |
| 8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Spain |
| 8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.Germany Soybean Oil Based Lubricants Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Type 1 |
| 9.1.2.Type 2 |
| 9.2. Application Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Metalworking Fluids |
| 9.2.2.Engine Oils |
| 9.2.3.Hydraulic Fluids |
| 9.2.4.Process Oil |
| 9.2.5.Food Grade Lubricants |
| 9.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Europe |
| 9.3.2.Germany |
| 9.3.3.UK |
| 9.3.4.France |
| 9.3.5.Russia |
| 9.3.6.Spain |
| 9.3.7.Italy |
| 9.3.8.Rest of Europe |
| 10.France Soybean Oil Based Lubricants Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Type 1 |
| 10.1.2.Type 2 |
| 10.2. Application Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Metalworking Fluids |
| 10.2.2.Engine Oils |
| 10.2.3.Hydraulic Fluids |
| 10.2.4.Process Oil |
| 10.2.5.Food Grade Lubricants |
| 10.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Europe |
| 10.3.2.Germany |
| 10.3.3.UK |
| 10.3.4.France |
| 10.3.5.Russia |
| 10.3.6.Spain |
| 10.3.7.Italy |
| 10.3.8.Rest of Europe |
| 11.Italy Soybean Oil Based Lubricants Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Type 1 |
| 11.1.2.Type 2 |
| 11.2. Application Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Metalworking Fluids |
| 11.2.2.Engine Oils |
| 11.2.3.Hydraulic Fluids |
| 11.2.4.Process Oil |
| 11.2.5.Food Grade Lubricants |
| 11.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Europe |
| 11.3.2.Germany |
| 11.3.3.UK |
| 11.3.4.France |
| 11.3.5.Russia |
| 11.3.6.Spain |
| 11.3.7.Italy |
| 11.3.8.Rest of Europe |
| 12.United Kingdom (UK) Soybean Oil Based Lubricants Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Type 1 |
| 12.1.2.Type 2 |
| 12.2. Application Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Metalworking Fluids |
| 12.2.2.Engine Oils |
| 12.2.3.Hydraulic Fluids |
| 12.2.4.Process Oil |
| 12.2.5.Food Grade Lubricants |
| 12.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Europe |
| 12.3.2.Germany |
| 12.3.3.UK |
| 12.3.4.France |
| 12.3.5.Russia |
| 12.3.6.Spain |
| 12.3.7.Italy |
| 12.3.8.Rest of Europe |
| 13.Spain Soybean Oil Based Lubricants Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Type 1 |
| 13.1.2.Type 2 |
| 13.2. Application Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Metalworking Fluids |
| 13.2.2.Engine Oils |
| 13.2.3.Hydraulic Fluids |
| 13.2.4.Process Oil |
| 13.2.5.Food Grade Lubricants |
| 13.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Europe |
| 13.3.2.Germany |
| 13.3.3.UK |
| 13.3.4.France |
| 13.3.5.Russia |
| 13.3.6.Spain |
| 13.3.7.Italy |
| 13.3.8.Rest of Europe |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Cargill |
| 14.2.2.Environmental Manufacturing |
| 14.2.3.Monsanto Company |
| 14.2.4.Biosynthetic Technologies |
| 14.2.5.Cortec Corporation |
| 14.2.6.Pioneer Hi-Bred International |
| 14.2.7.Linnaeus Plant Sciences |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.
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