Check back at 8:30 a.m. ET for results

DUBLIN, March 02, 2022--(BUSINESS WIRE)--The "Lubricants Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Base Oil (Mineral Oil, Synthetic, Bio-Based Lubricants, and Others), Product Type (Engine Oil, Hydraulic Oil, Gear Oil, Grease, Compressor Oil, and Others), and End Use" report has been added to ResearchAndMarkets.com's offering.

The global lubricants market was valued at US$ 148.18 billion in 2020 and is projected to reach US$ 190.64 billion by 2028; it is expected to grow at a CAGR of 2.7% from 2021 to 2028.

Lubricant is a friction-reducing film between moving objects and helps in reducing the heat generated. Lubricant performs functions such as transmitting forces, transporting foreign particles, and heating and cooling surfaces. Depending on the nature of lubricants, they are used to eliminate heat and wear debris, supply additives into the contact, transmit power, protect, and seal.

Based on end use, the global lubricants market is segmented into oil and gas, industrial, chemical, automotive, marine, and others. In 2020, the automotive segment accounted for the largest share in the lubricants market. The high demand for lubricants from the automotive industry is due to increased sales of consumer automotive, such as trucks, buses, and other forms of passenger transport.

The economic growth in developing and emerging countries, such as China, India, and Brazil, has led to the betterment of public transportation. This trend is expected to strengthen commercial automotive oil demand, thereby supporting segment growth of the lubricant market.

In 2020, Asia Pacific dominated the global lubricants market and is expected to continue its dominance during the forecast period. One of the factors driving the lubricant market is the increasing population in the region, which is accompanied by rising need of automobiles in countries such as China, India, and Indonesia, creating various growth opportunities for the lubricants industry.

Many industries, such as the chemicals & materials industry, faced unprecedented challenges due to the COVID-19 pandemic. The shortage of raw material and labor, the shutdown of factories, and other operational difficulties under COVID-19 safety protocols resulted in the contraction of packaging product sales during the initial months of the pandemic.

Along with this, the lockdown impacted the transportation sector, resulting in the low movement of commercial and passenger vehicles across the globe. In China, according to the International Council on Clean Transportation, there was a 23% decrease in the sales volume of new passenger cars in 2020 as compared to the first half of 2019.

All these factors negatively impacted the lubricants market during the COVID-19 pandemic. As the industries have started recovering, the demand for lubricants is likely to increase in the coming years. The recovering automotive, marine, chemical, and oil & gas industries will have a positive impact on the lubricants market.

Royal Dutch Shell, Exxon Mobil Corp, Chevron Corp, BP plc, Total, Lukoil, Sinopec Lubricant Company, Fuchs, Indian Oil Corp, and Valvoline are among the key players operating in the lubricants market.

Major market players adopt strategies such as mergers & acquisitions and product launches to expand their geographic presence and consumer base.

The overall global lubricants market size has been derived in accordance with to both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the global lubricants market.

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global lubricant market.

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the global lubricant market, thereby allowing players across the value chain to develop effective long-term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the food contact paper as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

4.2 Porter's Five Forces Analysis

5. Lubricants Market - Key Market Dynamics

5.2.1 Constant Change in Lubricant Specification

5.3.1 Increasing Demand for Lubricants from Wind Energy Sector

5.4.1 Growing Demand for Synthetic Lubricants

5.5 Impact Analysis of Drivers and Restraints

6. Lubricants - Global Market Analysis

6.2 Lubricants Market -Revenue and Forecast to 2028 (US$ Million)

6.3 Market Positioning - Lubricants Market Players

7. Lubricants Market Analysis - By Base Oil

7.2 Lubricants Market, By Base Oil (2020 and 2028)

7.3.2 Mineral Oil: Lubricants Market - Revenue and Forecast to 2028 (US$ Mn)

8. Lubricants Market Analysis - By Product Type

8.2 Lubricants Market, By Product Type (2020 and 2028)

8.3.2 Engine Oil: Lubricants Market - Revenue and Forecast to 2028 (US$ Mn)

9. Lubricants Market Analysis - By End Use Industry

9.2 Lubricants Market, By End Use Industry (2020 and 2028)

9.3.2 Oil & Gas: Lubricants Market - Revenue and Forecast to 2028 (US$ Mn)

10. Lubricants Market - Geographic Analysis

11. Impact of COVID-19 Pandemic on Global Diamond like Carbon Market

For more information about this report visit https://www.researchandmarkets.com/r/ge3lzl.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220302005876/en/

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

Indeed, investors are frustrated with T, but after AT&T's investor day last Monday, the opportunity appears too compelling at the current price prior to the Discovery deal closing. AT&T is set to split off Warner Bros to Discovery shareholders, which is likely to occur in mid-April. The transaction will give T shareholders 0.24 of a share of the new Warner Bros Discovery (with all current Discovery shares getting wrapped in) for each share of T. The value T is getting is extrapolated from the current value of DISCA, 71% of a $62 billion company, so at the current price of around $26 for DISCA, T holders have about $6/share in Warner Bros Discovery value.

Warren Buffett is undeniably the most closely watched, highest-profile investor in modern history. Not surprisingly, investors relentlessly clamor to match his success by analyzing his portfolio, hoping to absorb even a tiny morsel of Buffett's investment genius. Despite his unparalleled success, Buffett's investment model has always been transparent, straightforward, and consistent.

Nikola said on Wednesday after markets closed that it had started manufacturing its Tre battery electric vehicle (BEV) at its facility in Coolidge, Arizona on March 21. The company, which is also developing a fuel-cell-powered electric truck said it would start production of the Tre BEV truck for the European market at its factory in Germany in June 2023. Traders have a short position on about 27.5% of Nikola's free float, according to estimates from data analytics firm Ortex.

Equity investors aren't sweating Fed Chairman Jerome Powell's decision to unleash his inner hawk. Here's why.

Vladimir Putin is forcing European nations to choose between propping up the rouble or cutting their lifeline to Russian gas.

Question: My son was studying in a pharmacy program and at the end of the last semester, the college kicked him out due to his non-performance in academics. The interest rates are from 8.5%, 5.5% and 4% (average is about 6.5%). Is there any way to reduce the interest rate?

(Bloomberg) -- Searchers have found 183 pieces of wreckage from the China Eastern Airlines Corp. jet that crashed in Guangxi, southern China, including the engine and one part discovered in farmland more than 6 miles from the main point of impact, officials said. Some human remains have also been found. Most Read from BloombergPutin Adviser Chubais Quits Over Ukraine War, Leaves RussiaChina Plane Crash Update: Searchers Identify Parts of WreckageRussia Central Banker Wanted Out Over Ukraine, Put

Short-selling is banned, and Russian brokerages aren't allowed to let foreign clients sell securities.

Ark also bulked up on biotech stocks. All the stocks Wood bought and sold have slumped over the past six months.

Plug Power (NASDAQ: PLUG) is on fire this week. The stock shot up again today and was trading as high as 6.2% as of 12:20 p.m. ET. An analyst expects Plug Power stock to more than double in value as global interest in green hydrogen continues to gather steam. Morgan Stanley has been bullish about Plug Power stock for several months now.

Russian stocks surged upon their reopening for the first time in a month, demonstrating the impact of new restrictions that effectively isolate international investors from participating in setting prices.

Recently, the Chinese EV space has been beset by several worrying developments. Morgan Stanley’s Tim Hsiao counts “geopolitical tensions, pervasive Covid curbs and ADR de-listing risks” which have further impacted EV start-ups already struggling with operational challenges such as disruptions to the supply of chips, batteries and other elements. Rising EV manufacturing costs which will result in higher prices could also mean EV sales will take a hit. However, given the “continuous innovation,” i

Fed Chairman Jerome Powell this week said he could see a "soft landing" for the U.S. economy despite interest rate hikes. The chairman of Icahn Enteprises, Carl Icahn, disagrees.

“In the past few months we’ve already started seeing increases to the interest rates that banks are offering on deposit accounts, but it’s likely that we’ll see even more now that the Fed has announced a rate hike,” says Chanelle Bessette, banking specialist at Nerdwallet. Adds Ken Tumin, founder of DepositAcounts.com: “Several online banks have recently increased their savings account rates in the last two months, even before the first Fed rate hike,” adds Ken Tumin, founder of DepositAcounts.com — with potentially more increases to come, pros say.

Shares of Nikola were rising sharply in premarket trading Thursday after the company confirmed that production has begun on its battery-electric commercial truck, the Tre. Nikola (NKLA) stock was up 9.4% to $10. The startup said production began this week at its factory in Coolidge, Arizona.

The cliché says, 'May you live in interesting times.' We certainly are, as far as the stock markets are concerned. The strong bull market of 2021 turned into a full-on correction as 2022 got underway, but an upturn this month has moderated the year-to-date losses. The main takeaway for investors is volatility; it remains to be seen if the March gains are here to stay, or just transitory. No matter which way the market goes, investors can always find a clear path forward in the stock reviews from

A Boeing 737-800 with 132 people on board crashed in southern China on Monday. Investors should keep a close eye on developments.

EV stocks have multiplied in Tesla’s wake and as electric cars look to go mainstream. Here are the top-rated electric vehicle makers.

Yahoo Finance Live looks at several of today's trending stock tickers.

Is the tech sector oversold? Wedbush’s Daniel Ives believes so, claiming it is more so than at any other point during the past 5 years. However, change is in the air, and surveying the current landscape, the 5-star analyst believes there are plenty of opportunities on offer for investors right now. One, though, stands out the most. “Since the Fed decision last week we have seen a clear ‘risk on’ mentality starting to take shape as the Street picks up high quality tech stocks at what we would cha