The global Biolubricants Market Forecast with analyses of trends, opportunities, burning issues, and challenges – New research available at RnRMarketResearch.com
Biolubricants are widely used in hydraulic fluids, metal working fluids, chainsaw oils, mold release agents, two-cycle engine oils, gear oils, greases and others applications. In 2014, the global biolubricants market registered 346.51 kilotons in terms of volume.
Europe is the largest market of biolubricants, accounted for 48% of the total global demand in 2014. North America held the second-largest share in the biolubricants market in 2014 and is projected to register highest CAGR between 2015 and 2020.
There is an increasing demand for biolubricants in the end use industries. While, the industrial segment accounted for the largest market share, commercial transport is projected to register highest growth in the coming years. Browse 160 market data tables & 66 figures spread through 170 pages and in-depth TOC on " Global Biolubricants Market " at http://www.rnrmarketresearch.com/biolubricants-market-by-type-vegetable-oil-animal-fat-application-hydraulic-fluids-metalworking-fluids-chainsaw-oils-mold-release-agents-end-use-industrial-commercial-transport-consumer-automobile-by-region-global-trends-and--market-report.html .