The report titled “Indonesia Industrial Lubricants Market Outlook to 2023 – By Industrial Lubricants (Hydraulic Oils, Industrial Greases, Metal Working Fluids, Industrial Gear Oils, Turbine Oils, Compressor Oils and Others), By End Uses (Construction and Mining, General Manufacturing, Power Generation, Metal Production, Food Processing, Cement and Others), By Distribution Channel (Direct Sales and Dealer Network)” covers market size by volume and value sales of industrial lubricants in Indonesia along with market segmentation by type of industrial lubricant, industrial end-users or applications, distribution channels, sales clusters and by the basis of packaging. The report also covers emerging growth drivers and trends; issues and challenges; decision making parameters; and competitive landscape of major players with special focus on Pertamina, Shell, Castrol, Idemitsu, Total, Exxon Mobil and Pacific Lubritama. The interpretation explores the detailed analysis of end-user industries in Indonesia including mining, construction, power generation, steel, cement, and general manufacturing, future outlook & projections along with analyst recommendation & macroeconomic variables highlighting the major opportunities & cautions to the readers. This report will particularly help the readers to identify the ongoing trends and anticipated growth in the future depending upon changing industry dynamics in upcoming years.
Indonesia Industrial Lubricants Market Summary
Market Overview: Indonesia industrial lubricants market has witnessed growth owing to the growth of the manufacturing sector, an increase in the number of domestic & international players in the market, mounting FDI projects and investment in manufacturing & other end-user sectors and a surge in imports of crude oil in the country. The market size by volume witnessed a five-year CAGR of close to 6% during the review period (2013-2018) due to the combined effect of these factors. The market is currently placed in the growth stage, and the industry is meeting demand expectations of every end-user industry majorly by importing base oil from foreign countries and domestically producing industrial lubricants in the country. The competition in Indonesia Industrial Lubricants are concentrated in nature with two players, Pertamina and Shell majorly dominating the market, both, in terms of volume and value of industrial lubricant sold in the country. The major parameters on the basis of which the players in the market compete with each other are product price, product quality, after-sale services, marketing strategies, product range, distribution network, terms and mode of payment.
Indonesia Industrial Lubricant Market Segmentation
By Type of Industrial Lubricant (Hydraulic Oils, Industrial Greases, Metal Working Fluids, Industrial Gear Oils, Turbine Oils, Compressor Oils, and Others)
Hydraulic oils established itself as the market leader in the Indonesia industrial lubricants market in 2018. The remaining volume shares were captured by other lubricant types including industrial greases, metalworking fluids, gear oils, turbine oils, and compressor oils respectively in 2018. The Hydraulic oils segment generated the highest sales in 2018, due to rising demand from multiple end-users in the industry such as mining, construction, power generation owing to the increase in the number of projects commissioned/initiated by companies in these sectors during the review period 2013-2018.
By Industrial End-Use (Construction and Mining, General Manufacturing, Power Generation, Metal Production, Food Processing, Cement and Others)
The usage of industrial lubricants was observed to be high in the construction and mining sector in the total sales volume of industrial lubricants in Indonesia during 2018. The remaining share of sales volume was contributed by the general manufacturing sector. Industrial lubricants which are highly demanded within these segments include hydraulic oil, industrial greases and metalworking fluid. Power generation sector is also one of the major industrial end-users of lubricants in the country. Majority of industrial lubricants demanded such applications include turbine oil, synthetic greases, hydraulic oil, and others. Other industrial end uses such as metal production, food processing, cement manufacturing captured the remaining shares of total sales volume of industrial lubricants in Indonesia in 2018.
By Type of Distribution Channel (Dealer Network and Direct Sales)
Indirect Sales channel or dealer network contributed majority share in the total sales volume of industrial lubricants in Indonesia. The remaining share of sales volume was generated by direct sales channel. It was witnessed that lubricant manufacturers prefer selling lubricants via dealer network in Indonesia.
By Sales Cluster (Kalimantan, Sulawesi, Papua, and Sumatra)
Kalimantan & Sulawesi regions were witnessed to dominate the country’s industrial lubricant market demand in 2018 owing to the presence of various manufacturing establishment present in the region and therefore, many lubricant manufacturers gave special focus on establishing and strengthening its distribution network further in these regions. The remaining volume share in Indonesia industrial lubricants market was captured by Papua, Sumatra and other regions.
By Basis of Packaging (Barrels and Drums, Smaller Packs and IBC)
Barrels and drums were witnessed to dominate the industrial lubricant packaging in Indonesia in 2018 in terms of sales volume. They have a holding capacity of 200 or 210 liters. In addition to this, smaller packs with a holding a capacity of 20 liters also gained significant traction in the industrial lubricant market in Indonesia. The remaining volume share was captured by intermediate bulk containers with a holding capacity of 1000 liters.
Indonesia Industrial Lubricant Market Competition Overview
Some of major companies are Pertamina, Shell, Castrol, Exxon Mobil, Total, Idemitsu, Pacific Lubritama, Fuchs, Chevron and others. The players have been highly competitive in terms of product prices, distribution network, and quality of products and term of payment offered to the end-user industries in the market. Majority of the industrial lubricant sales is observed in Kalimantan, Sulawesi, Papua, Sumatra, and Jakarta. Major players in Indonesia acquire their raw material such as base oil by importing them from other countries including Malaysia, Saudi Arabia & Singapore, etc. There are very few companies manufacturing base oil in Indonesia such as Pertamina, Pana Oil, etc.
Indonesia Industrial Lubricant Market Future Outlook and Projections
Over the forecast period 2019-2023, the Indonesia industrial lubricant market is predicted to grow in terms of sales volume owing to the rise in the number of domestic & international players setting up manufacturing facilities in the country, rising demand from end-user industries such as construction, mining, and SME sector. It is expected that GDP generated from the manufacturing sector in Indonesia is bound to increase in the forecast period owing to the rising consumption/demand among the country’s population.
Key Segments Covered in Indonesia Industrial Lubricants Market:-
By Origin
Mineral Lubricant
Semi-Synthetic Lubricant
Synthetic Lubricant
By Type of Industrial Lubricants
Hydraulic Oils
Industrial Greases
Metal Working Fluids
Industrial Gear Oils
Turbine Oils
Compressor Oils
Others
By Industrial End Uses
Construction and Mining
General Manufacturing
Power Generation
Metal production
Food Processing
Cement
Others
By Type of Distribution Channels
Direct Sales
Dealer Network
By Sales Clusters
Kalimantan
Sulawesi
Papua
Sumatra
By Basis of Packaging
Barrels, Drums
Smaller Packs
IBC (Intermediate Bulk Containers)
Key Target Audience
Industrial Lubricant Manufacturers
Industrial Lubricant Importers
Industrial Lubricant Distributors
Government and Regulatory Authority
Construction Companies
Textile Companies
Cement Companies
Mining Companies
Paper and Pulp Manufacturers
Power Generation Companies
Steel Manufacturers
Investors and VC Firms
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
Companies Covered:-
PT Pertamina Lubricants
PT Shell Indonesia
Exxon Mobil
PT Castrol Indonesia
PT Total Indonesia
PT Idemitsu Lube Indonesia
PT Balmer Lawrie Indonesia
PT Pacific Lubritama
PT Fuchs Lubricants Indonesia
PT Chevron Indonesia
Key Topics Covered in the Report:-
Indonesia Industrial Lubricant Industry Value Chain (Inter-Entity Relationship and Margin Analysis)
Indonesia Industrial Lubricant Market
Introduction to Indonesia Industrial Lubricant Market
Indonesia Industrial Lubricant Market Size Basis Revenue and Sales Volume, 2013-2018
Indonesia Industrial Lubricant Market Segmentation, 2013-2018
Competition Landscape in the Indonesia Industrial Lubricant Market
Indonesia Industrial Lubricant Market Future Outlook and Projections Basis Revenue and Sales Volume, 2018-2023E
Issues and Challenges Indonesia Industrial Lubricant Market
Decision Making Parameters in Selecting a Vendor for Industrial Lubricant in Indonesia
Pain points faced by the end-users and suppliers in Indonesia Industrial Lubricant Market
End-User Analysis in Indonesia Industrial Lubricant Market
SWOT Analysis of Indonesia Industrial Lubricant Market
Trends and Growth Drivers in Indonesia Industrial Lubricant Market
Government Regulations in the Indonesia Industrial Lubricant Market
Company Profiles of Major Players in Indonesia Industrial Lubricant Market
Analyst Recommendations
For More Information On The Research Report, Refer To Below Link:-
Indonesia Industrial Lubricants Market Outlook
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