ABSTRACT
This chapter provides an overview of the construction equipment and focuses on lubricant segments. In 2018 the total construction machinery lubricants market was estimated to be about 4,000 Kilotons or ~10% of the overall lubricants market. Growth in the global urban population automatically demands construction developments. Urbanization triggers the requirement for not only residential sites, but also, schools, hospitals, roads, and commercial spaces. To cater to the infrastructural needs, the local, regional, and global governments and private enterprises all make large investments. The global construction machinery lubricants marketplace is crowded with many reputable players that range from oil majors to independents, and many with well-recognized legacy brands. Low viscosity lubricants for improved fuel economy and reduced emissions have taken the spotlight. Fuel economy is heavily dependent on the right base oil viscosity.
