Offshore Lubricants to Exhibit 7.07% CAGR from 2014 to 2020 Due to Increased Investment in Offshore Exploration Projects

Offshore Lubricants to Exhibit 7.07% CAGR from 2014 to 2020 Due to Increased Investment in Offshore Exploration Projects

  • Submitted By: john55364
  • Date Submitted: 05/31/2015 10:56 PM
  • Category: Business
  • Words: 2283
  • Page: 10

Transparency Market
Research

Offshore Lubricants Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2014 – 2020

Published Date
2014-09-11

80 Page Report

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Press Release
Offshore Lubricants to Exhibit 7.07% CAGR from 2014 to 2020
Due to Increased Investment in Offshore Exploration Projects

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Offshore Lubricants Market

REPORT DESCRIPTION

Transparency Market Research (TMR), a U.S.-based market research and intelligence firm has recently
published a new market research report. The report provides an in-depth analysis of the global offshore
lubricants market, including the forecast and growth prospects of this market. The research report is titled
“Offshore Lubricants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 2020”.According to the research report, in 2013, the global offshore lubricants market stood at US$110.86
million and is anticipated to touch US$183.50 million by the end of 2020, growing significantly at a 7.07%
CAGR between 2014 and 2020.
Browse the full Offshore Lubricants Market report at
http://www.transparencymarketresearch.com/offshore-lubricants-market.html
The rising investments in offshore production and exploration activities are among the major factors
anticipated to propel the global offshore lubricants market in the forecast period. In addition, the
tremendous development of deepwater and ultra-deepwater reserves is providing huge opportunities for
the players operating in this market. However, environmental rules and regulations that prohibit the use of
certain lubricants are expected to restrain the growth of this market in the near future.On the basis of end
user, the research report has segmented the global offshore lubricants market...

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