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Marine Lubricants Market - Turkey Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022. Marine Lubricants Industry is expected to grow at a CAGR of 3.48% from 2014 to 2022.

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Turkey marine lubricants market revenue to exhibit 3 48 cagr between 2014 and 2022

Transparency Market

Research

Marine Lubricants Market by Product (Mineral,

Synthetic, Bio), by Application (Engine Oil, Hydraulic

Oil, Grease, etc.) - Turkey Industry Analysis, Size,

Share, Growth, Trends and Forecast 2014 - 2022

Published Date

30-April-2015

71 Page Report

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Buy Now

Press Release

Turkey Marine Lubricants Market Revenue to Exhibit 3.48%

CAGR between 2014 and 2022

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

[email protected]


Turkey marine lubricants market revenue to exhibit 3 48 cagr between 2014 and 2022

Marine Lubricants Market

REPORT DESCRIPTION

Marine Lubricants Market by Product by Application - Turkey Industry Analysis, Size, Share, Growth,

Trends and Forecast 2014 - 2022

Transparency Market Research, a leading market research and intelligence firm, has announced

the publication of a new market research report. The new research study, titled ‘Marine

Lubricants Market- Turkey Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 -

2022’, explores the potential of the Turkey marine lubricants market in the given forecast period

by analyzing the historical data regarding the market in the context of the currently prevalent

trends in the market.

According to the study, the Turkey marine lubricants market is expected to grow from a volume

of 84.5 kilo tons in 2013 to 103.8 kilo tons in 2022. This represents a CAGR of 2.40% between

2014 and 2022. The market is expected to display a higher CAGR in the same timeframe by

revenue; the market’s revenue is expected to rise at a 3.48% CAGR.

Get Sample Of This Research Report At:

http://www.transparencymarketresearch.com/sample/sample.php?

flag=S&rep_id=4462

Marine lubricants are crucial in any ship, since internal combustion invariably results in the

generation of some wasted heat. Accumulation of heat within a ship’s engine can damage

numerous crucial parts, which may not be tuned to operate at high temperatures. Lubricants,

which have a high boiling point, help dissipate the heat and thus prolong the lifespan of engines.

Despite their importance in the smooth operation of ships, the market for marine lubricants is

restrained by the risk posed by conventional lubricants to marine ecosystems.

Mineral lubricants, which constitute 83% of the total demand from the Turkey marine lubricants

market, are nonbiodegradable, which means accidental spillage has the potential to harm the

local ecosystem. Long-term disposal of mineral marine lubricants can have deadly effects on

marine life. This has led to growing demand for biobased marine lubricants, which are

biodegradable and thus pose a lesser threat to aquatic life in the long term. The EU has

championed the usage of biobased lubricants in ships for a long time, and growing interaction

with Europe’s shipping channels has forced Turkish shipping operators to conform.

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Transparency Market Research


Turkey marine lubricants market revenue to exhibit 3 48 cagr between 2014 and 2022

Marine Lubricants Market

Within mineral oil, engine oils are by far the dominant subcategory, holding the majority of the

mineral oils market and 46% of the overall Turkey marine lubricants market. Apart from mineral

and biobased lubricants, the Turkey marine lubricants market includes synthetic lubricants. The

report provides a forecast for all product segments of the Turkey marine lubricants market,

helping the reader figure out which segments are the best to invest in.

The rising trade activities in the Turkish Straits have ensured steady demand from the Turkey

marine lubricants market for years to come. Combined with Turkey’s willingness to incorporate

environmental standards into its growing shipping industry, this could make Turkey the dominant

player in the Europe marine lubricants market.Apart from the detailed discussion on the major

drivers and restraints acting upon the Turkey marine lubricants market, the report describes the

market’s competitive landscape.

Browse The Full Research Report At:

http://www.transparencymarketresearch.com/turkey-marine-lubricants-market.html

Major companies such as BP, Chevron, ExxonMobil, Turcas Petrol A.S., and Total Submarine, and

others are examined in the report, with the SWOTs, company profiles, product specifications,

business strategies, and recent developments of each company analyzed in detail.

The Turkey marine lubricants market is segmented as follows:

Turkey marine lubricant market, by product type

Mineral oil marine lubricants

Synthetic marine lubricants

Bio-based marine lubricants

Turkey marine lubricant market, by application

Engine oil marine lubricants

Hydraulic oil marine lubricants

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Transparency Market Research


Turkey marine lubricants market revenue to exhibit 3 48 cagr between 2014 and 2022

Marine Lubricants Market

Grease

Others (turbine oils, gear oils, compressor oils and heat transfer fluids)

Browse All Energy & Mining Market Research Reports:

http://www.transparencymarketresearch.com/energy-market-reports-3.html

About Us

Transparency Market Research is a market intelligence company providing global business information

reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-

looking insight for thousands of decision makers.

We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use

proprietary data sources and various tools and techniques to gather, and analyze information. Our

business offerings represent the latest and the most reliable information indispensable for businesses to

sustain a competitive edge.

Contact

Transparency Market Research

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Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: [email protected]

Website: http://www.transparencymarketresearch.com/

Visit Blog : http://depthresearchreport.blogspot.in/

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