Biolubricants Market - Global Scenario, Trends, Industry Analysis 2010 - 2018

Albany, NY -- (SBWIRE) -- 09/18/2014 -- Transparency Market Research has announced the addition of a new market research report titled on “Biolubricants Market - Global Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2010 – 2018.” According to this report, the global bio-based lubricants market was worth $1,713.2 million in 2011 and is further expected to reach $2,377.5 million in 2017. The market for biolubricants will grow at a CAGR of 4.9% from 2011 to 2017. The report on biolubricants by Transparency Market Research is in the efforts to analyze the various market segments of this market, including the major geographies, industry growth drivers, current trends in the market, and various restraining factors. Based on the micro and macro factors, the study only considers the vegetable oils and animal oils market as complete bio-based raw materials.