High-performance lubricants, also known as synthetic lubricants, are gaining popularity due to their excellent properties over mineral oil lubricants. The synthetic lubricants segment is constantly gaining market share and is projected to be the fastest-growing segment of the global market, during the forecast period. Synthetic lubricants offer better and improved properties over mineral lubricants, such as low-traction coefficient, reduction in power consumption and gear wear, increased service life, and reduced flammability to increase safety, among many others. These properties, in turn, make them most-suited for extreme high-temperature applications, as well as other complex and specific applications, such as heavily loaded gearboxes, etc.

1. INTRODUCTION

2. RESEARCH METHODOLOGY 

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

5. MARKET SEGMENTATION

6. COMPETITIVE LANDSCAPE