Global Lubricant
Market Report
2025
The Lubricant Market was valued at USD 120.21 billion in 2022 and will reach USD 176.25 billion by 2030, registering a CAGR of 3.1% for the forecast period 2023-2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Lubricant Market Report 2025.
The Lubricant Market was valued at USD 120.21 billion in 2022 and will reach USD 176.25 billion by 2030, registering a CAGR of 3.1% for the forecast period 2023-2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
---|---|---|---|---|---|
Global Lubricant Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 3.1% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
|
Market Split by Application |
|
Market Split by End-Use Industry |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Lubricant industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Lubricant Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A substance used to reduce friction between two surfaces is called a lubricant. It also controls temperature, prevents corrosion, and transmits power. Lubricants are present in solid, semi-solid, liquid, gaseous, etc. In the manufacturing plant oil is most commonly used, because it is suitable for high temperatures and high speed. Oil lubricants are also used as antioxidants. The mixture of oil is called grease. It has lubricant properties such as it provides sealing against foreign particles. Dry lubricants such as MoS2 power are used to minimize friction and prevent corrosion.
In the automotive industry lubricant has vital importance. There are various uses for lubricants such as engine lubrication, gearbox lubrication, differential lubrication, wheel bearing lubrication, suspension, and power steering lubrication. Each application requires a different type of lubricant. In The 21st century, each one has at least one car, therefore maintenance and proper functioning of the car require special and high-performance lubricant. Increasing awareness about vehicle maintenance creates the demand for lubricants. The lubricant market is expected to grow by increasing demand from the automotive Industry.
An electric vehicle does not require a lubricant as it has an internal combustion engine, it uses electromagnetic force to generate motion. The battery contains electronic cells that store the electric power. Most of electric vehicles have single-speed transmissions; they do not have multiple gears, so there is no need for lubricant. Electronic vehicles fit into the environment therefore they will always have high demand. Nevertheless, wheels, suspension components, and bearings of electric vehicles required lubricant. Therefore, lubricants will have low demand in EVs.
During the covid 19 lubricant factory was closed down due to the shortage of labor, and the non-availability of parts. In China due to covid 19 industrial production was slowed down by 13.5% in 2020. Less driving, social distancing, and rules on transportation decrease the lubricant demand. Sales of new vehicles do not happen due to the spending capacity of consumers decreasing. After covid 19 there is significant growth in the automotive sector. In addition, energy generation plants are expanding, therefore there is high demand for lubricants in various industries.
We have various report editions of Lubricant Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
This is a joint venture in the name of FUCHS LUBRICANTS VIETNAM COMPANY LTD.30 % shares are held by STD & S Co. Ltd. This venture provides automotive specialty lubricants to customers.
Under this partnership, Nissan Motor India supplied technologically advanced lubricant oil to the consumer for better vehicle performance.it is not only for BS6 but also for BS3 and BS4 auto manufacturers.
Top Companies Market Share in Lubricant Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Globally, the lubricant market based on region is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The largest market share of lubricants is dominated by APAC and Europe. There is a probability that APAC will be dominating the lubricant market during the projected period. According to IBEF in FY22 India stands 1 st position in the production of heavy vehicles, India is the largest tractor producer, second largest in bus manufacturing, and third in truck manufacturing in the world. Government initiatives such as the automotive mission plan 2026 help to grow the automotive industry. The increasing Population of the APAC region, especially youth, in addition to increasing disposable income, surged the demand for the automotive industry.
Europe is also foreseen to account for a remarkable market share in the global Lubricant Market. This is due to increasing power generation plants.
The current report Scope analyzes Lubricant Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Lubricant Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Lubricant Industry growth. Lubricant market has been segmented with the help of its Type, Application End-Use Industry, and others. Lubricant market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The global lubricant market is divided into oil, gas, penetrating lubricant, and dry lubricant. Among these types, oil lubricants hold the largest market share. The oil lubricant has various applications in the automotive industry it uses in industrial machinery, manufacturing equipment, and construction machinery. The development of these industries drives the demand for lubricant oil. In addition, high-quality synthetic lubricant oil provides long protection to vehicles. Considering these factors oil lubricants are expected to drive the market growth.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Lubricant Industry. Request a Free Sample PDF!
Based on application, the global lubricant market is classified into industrial, aerospace, marine, and automotive. The automotive segment is expected to drive the market growth of lubricants due to increasing demand for cars from consumers. Increasing disposable income of individuals and increasing standard of living creates the demand for luxurious cars. Every car required maintenance over some time. Therefore, the automotive segment is expected to show steady growth in the upcoming years.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
The global lubricant market based on end-users type is classified into industrial and transportation. Globally, the lubricant market is estimated to gain the largest share from the industrial segments during the forecast period. The lubricant is used in various industries such as machinery and equipment manufacturing, automotive industry, energy production, chemical and petrochemical, mining, food, and beverages. The rising number of service centers for the maintenance of vehicles, increasing energy production plants, and expanding the food and beverages industry drive the growth of the lubricant market.
Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Lubricant Market is witnessing significant growth in the near future.
In 2023, the Oil segment accounted for noticeable share of global Lubricant Market and is projected to experience significant growth in the near future.
The Industrial segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Royal Dutch Shell (Netherlands), BP PLC (U.K.) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
This is attributed to the growing demand for automotive oils and greases as a result of the growing trade of vehicles and their spare parts. Lubricants are an essential part of rapidly expanding industries. They are used between two relatively moving parts of machinery to reduce friction and wear & tear.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Type | Oil, Grease, Penetrating lubricant, Dry lubricant |
Application | Industrial, Aerospace, Marine, Automotive |
End-Use Industry | Transportation, Industrial |
List of Competitors | Royal Dutch Shell (Netherlands), ExxonMobil (U.S.), BP PLC (U.K.), Chevron Corporation (U.S.), Total S.A. (France), Petrochina Company Limited (China), Idemitsu Kosan Co. Ltd. (Japan), Sinopec Limited (China), Fuchs Petrolub AG (Germany), Valvoline (U.S.), Lukoil (Russia), Petronas (Malaysia), Gazprom Neft (Russia), Pertamina (Indonesia) |
This chapter will help you gain GLOBAL Market Analysis of Lubricant. Further deep in this chapter, you will be able to review Global Lubricant Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Lubricant. Further deep in this chapter, you will be able to review North America Lubricant Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Lubricant. Further deep in this chapter, you will be able to review Europe Lubricant Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Lubricant. Further deep in this chapter, you will be able to review Asia Pacific Lubricant Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Lubricant. Further deep in this chapter, you will be able to review South America Lubricant Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Lubricant. Further deep in this chapter, you will be able to review Middle East and Africa Lubricant Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Lubricant. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End-Use Industry Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Lubricant market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Oil have a significant impact on Lubricant market? |
What are the key factors affecting the Oil and Grease of Lubricant Market? |
What is the CAGR/Growth Rate of Industrial during the forecast period? |
By type, which segment accounted for largest share of the global Lubricant Market? |
Which region is expected to dominate the global Lubricant Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|