Abundant presence of automobile manufacturing and power generation sector in Europe are the prime reason keeping the demand of lubricant packaging high over the forecast time period. In Europe vehicle manufacturing is an important industry with nearly 19.2 million vans, cars, buses and trucks being manufactured per year and accounting for almost 11.2% of the jobs in European Union. These aforementioned sectors will together drive the growth of lubricant packaging market towards positive direction. This is owing to the high consumption of lubricants in automobile sector for the smooth functioning of engines and other important components. Increasing environmental concerns have increased the investment in various innovative technologies and increasing popularity of electric vehicles is best example for that. Countries such as Norway have a good number of electric vehicle fleet in both private and public transport. This has subsequently affected the lubricant demand. Along with this the fluctuating petrochemical feedstock prices will keep the market growth rate sluggish over forecast timeframe.
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According to the Graphical Research new growth forecast report titled Europe Lubricant Packaging Market By Packaging (Kegs & drums, Cans & bottles, Pails, IBC), By Lubricant (Engine Oils, Transmission & Hydraulic Fluids, Process Oils, Metalworking Fluids, General Industrial Oils), By Material (Plastic [PP, PET, PE, PVC], Metal [Aluminum, Tin, Steel]), By End-user (Automobile, Metal Fabrication, Oil & Gas, Power Generation, Chemical), Industry Analysis Report, Regional Outlook (Germany, UK, France, Italy, Spain, Russia, Sweden), Estimated to surpass USD 3.2 billion by 2024.
Based on material type market is segmented into plastic and metal. The metal segmented is further categorized into tin, aluminum and steel while plastic segment consists of polyethylene, polypropylene, polyvinyl chloride, poly terephthalate and others. The others include polystyrene and polyamide. Among these polyethylene type plastic packaging holds the largest share in Europe region owing to its cost effectiveness and better strength.
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There are different types of lubricant packaging available in the market. The major ones are cans & bottles, kegs & drums, intermediate bulk containers, pails, and others; which includes stand-up pocuhces, tubes, bad in box, etc.
There are different types of lubricants such as process oils, metal working fluids, engine oils, industrial oils, transmission & hydraulic oils, etc. Among these engine oil and transmission oils holds the largest share due to substantial presence of end user industries.
Various end user industries in the market are metal fabrication, automobile, chemical industry, power generation, oil & gas and others. Others are marine, construction, aerospace, etc.
Important players in Europe lubricant packaging market are SCHÜTZ GmbH & Co., KGaA, Scholle IPN, Mauser Group B.V., Glenroy, Inc., etc.
Browse Table of Contents @ https://www.graphicalresearch.com/table-of-content/1225/europe-lubricant-packaging-market
Europe lubricant packaging market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:
Segments Covered in this Report:
Europe Lubricant Packaging Market Share, By Material
- Metal
- Aluminum
- Tin
- Steel
- Plastic
- Polyethylene (PE)
- Polyethylene terephthalate (PET)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Others
Europe Lubricant Packaging Fiber Market Size, By Packaging Type
- Kegs & drums
- Cans & bottles
- Intermediate bulk containers (IBC)
- Pails
- Others
Europe Lubricant Packaging Fiber Market Value, By Lubricant
- Engine oils
- Transmission & hydraulic fluids
- Process oil
- Metalworking fluids
- General industrial oils
- Others
Europe Lubricant Packaging Fiber Market Trend, By End-use
- Automobile
- Metal fabrication
- Oil & gas
- Power generation
- Chemical industry
- Others
Browse key industry insights from this Report @ https://www.graphicalresearch.com/industry-insights/1225/europe-lubricant-packaging-market
Related Reports:
Asia Pacific Lubricant Packaging Market : https://www.graphicalresearch.com/industry-insights/1224/asia-pacific-lubricant-packaging-market
North America Lubricant Packaging Market : https://www.graphicalresearch.com/industry-insights/1213/north-america-lubricant-packaging-market
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According to the Graphical Research new growth forecast report titled North America Lubricant Packaging Market By Lubricant (Engine oils, Transmission & Hydraulic Fluids, Process Oil, Metalworking Fluids, General Industrial Oils) By Material (Aluminum, Plastic), By End-User (Automobile, Metal Fabrication, Oil & Gas, Power Generation, Chemical Industry) By Packaging Type (Kegs & Drums, Cans & Bottles, Intermediate Bulk Containers, Pails), Industry Analysis Report, Regional Outlook (U.S., Canada), Growth Potential, Competitive Market Share & Forecast Estimated to cross USD 3 billion by 2024.The growing lubricants demand across various industry verticals such as automobile, metal fabrication, oil & gas, power generation, chemical industry and others shall positively influence the North America lubricant packaging market growth from 2019 to 2024.Request for a sample of this report @ https://www.graphicalresearch.com/request/1213/sampleOn the basis of lubricant type, the North American lubricant packaging market has been segmented into engine oils, transmission & hydraulic fluids, process oils, metal working fluids, general industrial oils and others.
Among the aforementioned segments, engine oil held the largest share of over 36% in 2018 and is projected to continue leading throughout the review period.
General industrial oil was the second most revenue generating segment in 2018 and held a market share of over 18%.North America lubricant Packaging market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:Segments Covered in this Report:North America Lubricant Packaging Market Share, By MaterialMetalAluminumTinSteelPlasticPEPETPPPVCOthersNorth America Lubricant Packaging Market Trends, By Packaging TypeKegs & drumsCans & bottlesIntermediate bulk containers (IBC)PailsOthersMake an Inquiry for purchasing this Report @ https://www.graphicalresearch.com/request/1213/inquiry-before-buyingNorth America Lubricant Packaging Market Size, By LubricantEngine oilsTransmission & hydraulic fluidsProcess oilsMetalworking fluidsGeneral Industrial oilsOthersNorth America Lubricant Packaging Market Value, By End-userAutomobileMetal fabricationOil & gasPower generationChemical industryOthersBrowse Table of Contents @ https://www.graphicalresearch.com/table-of-content/1213/north-america-lubricant-packaging-marketOn the basis of end-user industry, automotive was the largest segment and held a market share of over 47% in 2018.
Metal fabrication was the second largest industry in 2018 closely followed by power generation segment.
The growing demand for energy has resulted in the extensive use of lubricants especially in gas turbine power plants which shall further propel the growth for lubricant packaging market size during the period 2019-2024.
On the basis of packaging types, kegs & drums held a market share of around 44% in 2018 and is likely to continue leading throughout the forecast period.
In order to study the many forthcoming movements and patterns prevailing in the global market, Fact.MR has included the latest Forecast report on blow molded containers market to its vast database.
Further, the accomplished market research report also anticipates that the concerned market would grow at a constructive CAGR until 2028.Request for Sample of this Global Market Research Report Here - https://www.factmr.com/connectus/sample?flag=S_id=1977The blow molded containers market is marked by high levels of fragmentation, with Asia Pacific particularly home to a large number of Tier II companies.
These blow molded container companies are specifically focusing on increasing their market share through cost-effective offerings.
The product and business strategy of Tier II companies is also aligned on launching cheaper alternatives to the market.
Blow Molded Container Manufacturers Focusing on Production Optimization to Reinvigorate PotentialManufacturers continue to emphasize on optimized production of high-quality blow molded containers.
With such technologies mainstreaming in the blow molded containers market, it is highly likely that manufacturers might revise their manufacturing framework and associated strategies for attaining long-term sustainable benefits.Blow Molded Containers with Efficient Barrier Properties - An Imperative for Convenience Food SectorThe packaging type plays a pivotal role in safeguarding the quality attributes.
Lubricant packaging market research report by material (metal, plastic), packaging type (stand up pouch, bottle, drum, intermediate bulk container), lubricant (engine oil, transmission & hydraulic fluid), end user (automotive), and region-Global Forecast till 2023Market Synopsis of Global Lubricant Packaging MarketLubricant packaging is used to store the lubricants for a specific amount of time.
The drum segment dominates the market on the basis of packaging type and is expected to grow at the highest CAGR during the forecast period.
Rise in demand for lubricants from industries across the power generation segment and shifting consumer preference towards efficient vehicles in the automotive segment are likely to increase the market growth.
Also, the increasing industrial automation has led to the adoption of various equipment which requires industrial and process oils which are expected to further fuel the growth of the market.On the basis of end user, the market has been segmented into automotive, metalworking, oil & gas, power generation, machine industry, chemicals, and others.
Automotive dominates the end-user segment owing to heavy consumption of lubricants for cars and other vehicles.Geographically, the lubricant packaging market has been divided into four major regions namely North America, Europe, Asia-Pacific, and the rest of the world.
Asia-Pacific has accounted for the largest market share in 2017 followed by North America and Europe.
The global industrial lubricants market size is anticipated to value at USD 68.41 billion by 2024.
The market is subject to witness a significant growth due to the adoption of latest trends in manufacturing processes across the different regions across the globe and constant demand from industry sectors such as chemicals, automobile, clothing, power & energy, and metal mining sector.
The key factor responsible for the growth of the market is rising consciousness among industry players with the use of the lubricants for the maintenance purpose, this allows in enhancement in operational time and improves efficiency of industrial processes.
Lubricants are considered as an essential part of industry process for maintenance of machineries and their efficient operations.With recent development in production of industrial lubricants to improve overall performance by adding number of the additives to enhance their life span and sustainability.
Globally, the industrial lubricants market is predicted to grow at CAGR of 3.0% in forecast period, providing numerous opportunity for market players to invest for research and development in the industrial lubricants industry.Download Sample Report @ https://www.millioninsights.com/industry-reports/industrial-lubricants-market/request-sampleIn the manufacturing processes, governmental norms and regulation plays a major role during the selection of the lubricant to limit the emission of hazardous gases into the environment.
Such activities give birth to the R activities, future business tactics, and current market status; due to which the lubricant industry segment is shifting towards more environmentally viable system, as numerous industry players are actively participating in environment-friendly feedstock, complying with governmental regulations, while enhancing overall performance of the manufacturing processes.The recent development in the industry lubricant are offering less amount of the industrial byproducts and emissions.
One of the toughest jobs for the top lead generation companies like The Global Associates is to maintain an effective B2B demand generation program in this era of extremely busy decision makers and ever-intensifying global competition.
You almost always follow the same process for maximizing B2B demand generation, you begin with a large pool of prospects and subsequently narrow it down through qualification and appointment setting processes.
Putting in place a defined process is imperative, a lack of it could result in some common errors creeping into your system, adversely affecting your B2B demand generation effort.
We discuss here some common mistakes committed by salespeople, reducing the efficiency and effectiveness of their campaign.
Not making the best use of leads in hand
Creating fresh opportunities is, of course, necessary, however, it’s never a good idea to solely focus on new leads and ignore the existing ones in your pipeline.
