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.