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Malaysia Industrial Lubricants Market Outlook to 2023

By Origin (Mineral Lubricants, Semi-Synthetic Lubricants and Synthetic Lubricants), By Industrial Lubricants (Hydraulic Oils, Industrial Greases, Metal Working Fluid/Cutting Oil, Industrial Gear Oil, Turbine Oil, Compressor Oil and Others), By End Users (Construction & Mining, General Manufacturing, Power Generation, Metal Production, Food Processing, Cement Industry and Others), By Distribution Channel (Direct Sales and Dealer Network)

Region:Asia

Author(s):Vibhuti Sharma

Product Code:KR900

Download Sample Report
Published On

October 2019

Total pages

163

About the Report

Click Here on the Latest Report of Malaysia Automotive Lubricant Market Outlook to 2025
 
The report titled "Malaysia Industrial Lubricants Market Outlook to 2023 - By Origin (Mineral Lubricants, Semi-Synthetic Lubricants and Synthetic Lubricants), By Industrial Lubricants (Hydraulic Oils, Industrial Greases, Metal Working Fluid/Cutting Oil, Industrial Gear Oil, Turbine Oil, Compressor Oil and Others), By End Users (Construction & Mining, General Manufacturing, Power Generation, Metal Production, Food Processing, Cement Industry and Others), By Distribution Channel (Direct Sales and Dealer Network)" covers market size by sales value and volume of industrial lubricants in Malaysia along with market segmentation by origin, by type of industrial lubricant, by end user industries, by distribution channel, by origin of sales and by type of packaging. The report also covers emerging growth drivers and trends; issues and challenges; decision making parameters; and competitive landscape of major players in the market with special focus on Idemitsu, PETRONAS, Polilube Italia, Shell, Chevron, TOTAL, ExxonMobil and BP Castrol. The interpretation explores detailed analysis of end user industries in Malaysia including mining, construction, power generation, manufacturing, metal production, steel production, and cement industry,  future outlook & projections along with analyst recommendation & macroeconomic variables highlighting the major opportunities & cautions to the reader. 
Malaysia Industrial Lubricants Market Overview:
Malaysia industrial lubricants market has been observed to be in growth phase 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. During 2013 to 2018, the market experienced a cumulative growth rate of about 3% owing to factors such as increasing demand from end user industries, new industrial policies, introduction of bio based lubricants, increase in number of players in the market and others similar factors.
Malaysia Industrial Lubricants Market Segmentation:
By Origin (Mineral Lubricant, Semi-Synthetic Lubricant and Synthetic Lubricant): Due to low cost and easy availability, mineral based lubricants were observed to dominate the market followed by semi synthetic and synthetic lubricants with respect to total sales volume in the country.
By Type of Industrial Lubricants (Hydraulic Oils, Industrial Greases, Metal working Fluid/Cutting Oil, Gear Oil, Turbine Oil, Compressor Oil and Others): In 2018, Hydraulic Oil occupied largest share in total sales volume of industrial lubricants in Malaysia owing to usage in multiple end user industries including mining, construction, power generation and others. In terms of market share basis sales volume, hydraulic oil was followed by turbine oil with major application areas including power generation, marine, shipping, aviation and others.
By End User Industries (Construction & Mining, General Manufacturing, Power Generation, Metal Production, Food Processing, Cement Industry and Others): Construction and Mining, being one of the major activities in Malaysia occupy highest share in terms of sales volume of industrial lubricants in the country, it was followed by General Manufacturing with usage in manufacturing of paper, plastic, rubber, textile, automotives and others. Industrial lubricants which are highly demanded in these segments include hydraulic oil, industrial greases and compressor oil. Other industrial end users include cement industry, power generation, metal production and food processing who occupied the rest of the market share in the country.
By Sales Channel: Industrial Lubricants in Malaysia are mainly distributed through two channels, i.e. direct sales and through dealer networks. Major players such Shell, TOTAL, Idemitsu, Chevron and others mainly undertake their sales through both direct and indirect channels depending upon the end user industry, they are serving. In Malaysia, dealer network is most preferred channel of sales followed by direct sales.
By Type of Packaging: Barrels & Drums with a holding capacity of 200-210 liters were observed to dominate the market in terms of sales volume owing to the fact that industrial lubricants are mostly demanded in large quantities therefore end users mostly demand drums as their preferred mode of packaging. Apart of this, small packets with holding capacity of 20 liters or 18 kg were the second most preferred form packaging.
By Origin of Sales:  In Malaysia, Kuala Lumpur, Sabah and Sarawak region were observed to be the three main sales clusters.With most of the manufacturing facilities located in Kuala Lumpur, it occupies the highest share in terms of sales volume of industrial lubricants in Malaysia. Sabah and Sarawak region are mostly used as import destinations with distribution networks spread across the country.
Competitive Landscape in Malaysia Industrial Lubricants Market:
The competition in Malaysia industrial lubricants market is concentrated with major players including PETRONAS, Shell, TOTAL dominating the market with major competing parameters including price, quality, after sales support, distribution network and others. With major end user industries located in Perak, Johor, Kuala Lumpur and Pahang, majority of industrial lubricants sales were observed in these areas. 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 and specification/technical grade, distribution network and terms of payment.
Malaysia Industrial Lubricant Market Future Outlook and Projections:
Over the forecast period of 2019-2023, the Malaysia Industrial Lubricants market is expected to grow in terms of both sales value and sales volume. Major factors expected to contribute to growth include increasing demand through upcoming construction projects in Malaysia, boost in foreign investments, revival of tin mining and others. The sales volume is expected to further increase with entry of new domestic and international players in the market as well.
Key Segments Covered
Malaysia Industrial Lubricants Market
By Origin
  • Mineral Lubricant
  • Semi Synthetic Lubricant
  • Synthetic Lubricant
By Type of Industrial Lubricants
  • Hydraulic Oil
  • Industrial Greases
  • Metal working Fluid/Cutting Oil
  • Gear Oil
  • Turbine Oil
  • Compressor Oil
  • Others
By Industrial End Users
  • Construction & Mining
  • General Manufacturing
  • Power Generation
  • Metal Production 
  • Food Processing
  • Cement Industry
  • Other End Users
By Sales Channel
  • Direct Sales
  • Dealer Network
By Origin of Sales
  • Kuala Lumpur
  • Sabah
  • Sarawak
By Type of Packaging
  • Barrels & Drums
  • Small 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: 2019E - 2023E
Companies Covered:
  • Idemitsu (Malaysia) Lube Sdn. Bhd.
  • PETRONAS Lubricants Marketing Malaysia Sdn
  • Polilube Italia Sdn. Bhd.
  • Shell Malaysia Ltd.
  • Chevron Malaysia Limited
  • TOTAL Oil Malaysia
  • ExxonMobil Exploration & Production Malaysia Inc.
  • BP Castrol Lubricants (Malaysia) Sdn Bhd
Key Topics Covered in the Report
  • Executive Summary
  • Research Methodology
  • Malaysia Industrial Lubricants Market Overview and Genesis
  • Malaysia Industrial Lubricants Market Ecosystem
  • Value Chain Analysis in Malaysia Industrial Lubricants Market
  • Malaysia Industrial Lubricants Market Size, 2013-2018
  • Malaysia Industrial Lubricants Market Segmentation
  • Regulatory Landscape in Malaysia Industrial Lubricants Market
  • Trends And Developments in Malaysia Industrial Lubricants Market
  • Issues And Challenges in Malaysia Industrial Lubricants Market
  • End User Analysis in Malaysia Industrial Lubricants Market
  • Competitive Landscape in Malaysia Industrial Lubricants Market
  • Malaysia Industrial Lubricants Market Future Outlook and Projections, 2018-2023E
  • Analyst Recommendations
 
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Products

Malaysia Industrial Lubricants Market
By Origin
  • Mineral Lubricant
  • Semi Synthetic Lubricant
  • Synthetic Lubricant
By Type of Industrial Lubricants
  • Hydraulic Oil
  • Industrial Greases
  • Metal working Fluid/Cutting Oil
  • Gear Oil
  • Turbine Oil
  • Compressor Oil
  • Others
By Industrial End Users
  • Construction & Mining
  • General Manufacturing
  • Power Generation
  • Metal Production 
  • Food Processing
  • Cement Industry
  • Other End Users
By Sales Channel
  • Direct Sales
  • Dealer Network
By Origin of Sales
  • Kuala Lumpur
  • Sabah
  • Sarawak
By Type of Packaging
  • Barrels & Drums
  • Small Packs
  • IBC (Intermediate Bulk Containers)

Companies

Companies Covered:
  • Idemitsu (Malaysia) Lube Sdn. Bhd.
  • PETRONAS Lubricants Marketing Malaysia Sdn
  • Polilube Italia Sdn. Bhd.
  • Shell Malaysia Ltd.
  • Chevron Malaysia Limited
  • TOTAL Oil Malaysia
  • ExxonMobil Exploration & Production Malaysia Inc.
  • BP Castrol Lubricants (Malaysia) Sdn Bhd

Table of Contents

1. Executive Summary

2. Research Methodology

2.1. Market Definitions
2.2. Abbreviations
2.3. Market Size and Modeling
Consolidated Research Approach
Market Sizing – Malaysia Industrial Lubricants Market
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Regression Matrix
Limitations
Final Conclusion

3. Malaysia Industrial Lubricants Market Overview and Genesis (including Historical Evolution, Market Stage, Competition Scenario and Market Growth, 1820-2018)

4. Malaysia Industrial Lubricants Market Ecosystem
4.1. Supply Side of Malaysia Industrial Lubricants Market Ecosystem
4.2. Demand Side of Malaysia Industrial Lubricants Market Ecosystem

5. Value Chain Analysis in Malaysia Industrial Lubricants Market (Inter-entity Relationship and Margin Analysis)
5.1. Major Challenges in the Malaysia Industrial lubricants Value Chain
5.2. Industrial Clusters of Malaysia

6. Malaysia Industrial Lubricants Market Size, 2013-2018
6.1. By Sales Value and Sales Volume, 2013-2018

7. Malaysia Industrial Lubricants Market Segmentation basis Sales Volume, 2018
7.1. By Origin (Mineral Lubricant, Semi-Synthetic Lubricant and Synthetic Lubricant), 2018
7.2. By Type of Industrial Lubricants (Hydraulic Oils, Industrial Greases, Metal Working Fluids/Cutting Oil, Gear Oil, Turbine Oil, Compressor Oil and Others), 2018
7.3. By Industrial End Uses (construction & Mining, Manufacturing, Power Generation, Metal & Steel Production, Food Processing, Cement and Others), 2018
7.4. By Type of Distribution Channels (Direct Sales and Dealer Network), 2018
7.5. By Origin of Sales (Kuala Lumpur, Sabah & Sarawak and Others), 2018
7.6. By Basis of Packaging (Barrels & Drums, IBC, Small Packs), 2018

8. Regulatory Landscape in Malaysia Industrial Lubricants Market
9. Trends and Developments in Malaysia Industrial Lubricants Market
9.1Emergence of New Industrial Policy to Boost Manufacturing Sector
9.2Increasing Consumption of Synthetic and Semi-Synthetic Lubricants in Malaysia
9.3Increase in Number of Establishments Across the Country
9.4Introduction of Bio Based Lubricants
9.5Formation of ASEAN Economic Community

10. Issues and Challenges in Malaysia Industrial Lubricants Market
10.1Improper Disposal of Lubricants Impacting the Environment
10.2Heavy Dependence on Imports

11. End User Analysis in Malaysia Industrial Lubricants Market
11.1. Decision Making Parameters
Pain Points Faced
11.2. Major End User Industries Analysis and Future Potential
11.2.1. Mining
Lubricant Parameters
Industry Growth, 2013-2018
Future Potential, 2018-2023E
11.2.2. Construction
Lubricant Parameters
Industry Growth, 2013-2018
Upcoming Construction Projects in Malaysia, 2018-2023E
11.2.3. Power Generation
Lubricating Parameters
Industry Growth, 2013-2018
Future Potential, 2018-2023E
11.2.4. Manufacturing Industry
Lubricant Parameters
Industry Growth, 2013-2018
Investment Scenario, 2018-2019
Future Potential, 2018-2023E
11.2.5. Metal & Steel Production
Lubricant Parameters
Steel & Metal Industry, 2013-2018
Future Potential, 2018-2023E
11.2.6. Cement
Lubricating Parameters
Industry Growth, 2013-2018
Future Potential, 2018-2023E

12. Competitive Landscape in Malaysia Industrial Lubricants Market (Including Competition Stage, Major Players and Competing Parameters)
12.1. Competition Scenario in Malaysia Industrial Lubricants Market
12.2. Strengths & Weakness of Major Players Operating in Malaysia Industrial Lubricants Market
12.3. Market Share of Major Players Operating in Malaysia Industrial Lubricants Market (including PETRONAS Lubricants Marketing Malaysia Sdn, Shell Malaysia Limited, Total Oil Malaysia, Chevron Malaysia Limited and Others on the basis of Sales Volume), 2018
12.4. Company Profiles of Major Players Operating in Malaysia Industrial Lubricants Market (including Company Overview, USP, Operations in Malaysia, Business Strategies, Import Destinations, Best Selling Products and Future Strategies, 2018)
12.4.1. Idemitsu (Malaysia) Lube Sdn. Bhd.
12.4.2. PETRONAS Lubricants Marketing Malaysia Sdn
12.4.3. Polilube Italia Sdn. Bhd.
12.4.4. Shell Malaysia Limited
12.4.5. Chevron Malaysia Limited
12.4.6. TOTAL Oil Malaysia
12.4.7. ExxonMobil Exploration & Production Malaysia Inc.
12.4.8. BP Castrol Lubricants (Malaysia) Sdn Bhd

13. Malaysia Industrial Lubricants Market Future Outlook and Projections, 2018-2023E
13.1. By Sales Value & Sales Volume, 2018-2023E
13.2. By Segments on the basis Sales Volume, 2023E
13.2.1. By Type of Industrial Lubricant (Hydraulic Oil, Industrial Greases, Metal working Fluid/Cutting Oil, Gear Oil, Turbine Oil, Compressor Oil and Others), 2023E
13.2.2. By Industrial End Uses (Construction & Mining, General Manufacturing, Power Generation, Metal Production, Food Processing, Cement Industry and Other End Users), 2023E
13.2.3. By Type of Distribution Channel (Direct Sales & Dealer Network), 2023E
13.2.4. By Basis of Packaging (Barrels & Drums, Small Packs & IBC), 2023E
13.2.5. By Origin of Sales (Kuala Lumpur, Sabah & Sarawak and Others), 2023E

14. Analyst Recommendation for Malaysia Industrial Lubricants Market
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