Europe Agricultural Lubricants Market is expected to grow with the CAGR of 3.9% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Agricultural lubricants market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario.
The major players dealing in agricultural lubricants market are introducing strong range of product portfolio. This has helped the companies to maximize their sales with enhanced product portfolio. For instance, in November 2017, ROYAL DUTCH SHELL PLC, had expanded business by establishing 430 million litre lubricants plant in Singapore. The establishment of new plants will help the company to expand their business in lubricants in the near future.
Royal Dutch Shell plc, is the dominating player in Europe agricultural lubricants market. The other key players existing in the market includes Eni S.p.A., Total, BP p.l.c., LUKOIL, Chevron Corporation, FUCHS, Phillips 66, Valvoline Inc, CONDAT, Dyade Lubricants, Exxon Mobil Corporation, LUBRITA EUROPE B.V, Moris Lubricants and UNIL, among others.
Royal Dutch Shell plc,
Royal Dutch Shell plc, headquartered in Hague, Netherlands, was found in 1907. The company is engaged in the manufacturing of oil and gas and low-carbon energy. Company business is divided in 3 business segments which are integrated gas, upstream, downstream and corporate. The focused market segment is downstream. The product category is lubricants for agriculture & farming, lubricants for transport & fleets, lubricants for general manufacturing, lubricants for construction, lubricants for mining & quarrying and lubricants for power and our focus category is lubricants for agriculture & farming.
- In November 2012, ROYAL DUTCH SHELL PLC, company had announced to build a lubricant plant in Indonesia. This development has helped the company to increase its production capacity of lubricant for transport and industrial lubricant.
The company has wide presence across the globe such as in North America, Asia-Pacific, Europe, Middle East & Africa and South America. In addition to it, the company also generates its revenue from the various subsidiaries such as Shell Energy (U.K.), Shell Oil Company (U.S.), Raízen (Brazil), Pennzoil (Pennsylvania), The New Motion (Netherlands), Shell Canada (Canada), BG Group (U.K.), Nederlandse Aardolie Maatschappij (Netherlands), Jiffy Lube (U.S.), Shell Australia (Australia).
Eni S.p.A.
Eni S.p.A.is headquartered in Rome, Italy, and was founded in 1953. The company is engaged in the exploration, production, refining and sale of oil, gas, electricity and chemicals. The company’s business segments are exploration and production, gas & power, refining & marketing and chemicals, corporate and other activities and the product categories offered are automotive lubricants, i-care, industrial lubricants, marine lubricants, greases, fuels, LPGs, solvents, bitumen, additives, wax and petroleum, process oil, aviation. Our focused market business segment is refining & marketing and chemicals and the market focused product categories are automotive lubricants and industrial lubricants. Company’s geographical presence is in Europe, Asia, Americas, Africa and other.
- In March 2020, Eni S.p.A expanded the business by successfully completing the construction of gas pipeline in the Bir Rebaa Nord (BRN) and Menzel Ledjmet Est (MLE) fields in the Berkine Basin, in the south-eastern part of Algeria. This will help the company to expand their business and revenue in the near future.
Total
Total is headquartered in Paris, France and was founded in 1924. The company is engaged in manufacturing of fuels, natural gas and low carbon electricity. The company is also engaged in providing services worldwide through its service stations. The company offered business segments are exploration and production, gas, renewal & power, refining chemicals, marketing services and the market focused segment is exploration and production. The company offered product categories are agriculture/ motoculture (gardening), cars, construction equipment and mining, marine and leisure craft, motorcycles and scooters, trucks and buses. Our market focused product category is agriculture/ motoculture (gardening). The company has its presence in North and South America, Europe and CLS, Middle Est, Asia Pacific, Africa.
- In December 2019, Total announced that Singapore has become the hub of largest lubricants plants. This development will help the company to expand their business and supply of lubricants in different regions. This will help the company to expand their business in the near future and will also help in increasing its revenue.
