Open gears are primarily utilized for drive units in the raw materials industry; for instance, tube mills and rotary kilns in gypsum and cement production. The operational safety and also lubrication of these units require a special significance.
The industry's leading producers are Exxon Mobil, Royal Dutch Shell and Chevron, which accounted for 14.71%, 13.12% and 11.10% of revenue in 2019, respectively.

Market Analysis and Insights: Global and China Open Gear Lubricants Market
This report focuses on global and China Open Gear Lubricants market.
In 2020, the global Open Gear Lubricants market size was US$ 1916.8 million and it is expected to reach US$ 2395.2 million by the end of 2027, with a CAGR of 3.2% during 2021-2027. In China the Open Gear Lubricants market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Open Gear Lubricants Scope and Market Size
Open Gear Lubricants market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Open Gear Lubricants market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Open Gear Lubricants market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Light Grade Open Gear Lubricants
Medium Grade Open Gear Lubricants
Heavy Grade Open Gear Lubricants

Segment by Application
Mining
Power Generation
Construction
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Exxon Mobil
Royal Dutch Shell
Chevron
TOTAL
BP
CNPC
Sinopec
FUCHS
LUKOIL
CARL BECHEM