Aviation Lubricants Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2022 and Forecast 2022-2028

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Aviation Lubricants Market: By Lubricant Type (Engine Oil, Grease, Hydraulic Fluid, Special Lubricants & Additives, and Others), By Type of Aviation (Military Aviation, Business & General Aviation, Cargo Aviation, and Others), by End-Use (OEM and Aftermarket), by Technology (Synthetic Lubricants, Mineral based Lubricants, and Others (Semi Synthetic), by Application (Engine Lubricants, Gear Lubricants, and Others (Bearings, Camshaft, cylinder walls, piston rings, pushrods), and Geography

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Report

Description

Aviation Lubricants Market size was valued at USD 832.7 million in 2021 and is poised to grow at a significant CAGR of 6.7% over 2022–2028. The aviation industry is committed to achieving challenging carbon reduction targets. As a result, sustainable aviation fuel has been recognized as one of the crucial components in achieving these objectives. Due to the aviation industry’s adoption of environmentally friendly efforts, there is a growing demand for sustainable alternatives to conventional lubricants because they are hazardous, non-biodegradable, and pollute water and air resources. For instance, lubricants made from plants are becoming more popular in aviation. These lubricants are utilized as specialized additives since they are not exceptionally stable at high temperatures and pressures. For instance, military aircraft employ MIL-G-6032, grease with a vegetable oil base, to lubricate pump bearings, valves, and fittings. Such lubricants are advantageous for more than only the environment because they can improve operational metrics like higher active life and reduced consumption in addition to saving energy. The need for aviation lubricants on the global market will increase as the navy and army emphasize purchasing aircraft. Additionally, due to the aviation industry’s preference for passenger safety and comfort, the need for aviation lubricants will keep rising on the global market. As passenger traffic and aircraft orders grow, the aviation lubricants market will change over the anticipated years. Moreover, airlines must use lightweight components and materials to reduce the aircraft’s weight and increase efficiency. In aviation, hydraulic systems are used because they are light, user-friendly, and provide the proper mechanical power transfer. Compared to the Class 2 standard density fluid, the Type IV hydraulic fluid Class I low-density category helps lighten aircraft. Exxon HyJet IV-A plus and other low-density fluids are in high demand due to their unique mechanical properties. These lubricants increase equipment longevity and reduce repair expenses. As a result, there is an excellent opportunity for aviation lubricant producers to enter the low-density lubricant industry.

Recent Market Developments:

In April 2022, Mesa Airlines signed a five-year contract with Boeing Distribution Inc. (formerly Aviall) to procure ExxonMobil aviation lubricants, namely Mobil Jet™ Oil II and Mobil™ HyJet™ IV-Aplus, across its entire fleet comprising over 160 aircraft.

In April 2021, LANXESS launched an organic lubricant additive for high-performance engine oils. The new Addition RC 3502 has been specifically developed to reduce friction and deliver sustained performance and anti-wear protection.

In April 2021, NYCO introduced the NYCO Grease GN 3058, which provides outstanding performances in four key properties for applications such as wheel bearings, propeller bearings, and highly loaded landing gear areas: the base oil viscosity, the load wear index, the resistance to water washout and the oil separation.

Aviation Lubricants Market

MARKET SUMMARY
-
6.7%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 6.7%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Artificial Iris Market

  • The report on global aviation lubricants market gives historical, current and future market sizes (US$ Mn) on the basis of type of aviation, end-use, technology, application, and geography.
  • The aviation lubricants market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Lanxess
  • Lukoil
  • Nyco
  • Rocol
  • The Chemours Company
Artificial Iris Market Dynamics

The commercial aviation lubricant industry is expected to be driven by the stable growth in the world’s gross domestic product, a more significant desire for travel among consumers worldwide, and the comparably reduced pricing of commodities like crude oil and lubricants. The aviation lubricant market is a notable market to grow throughout the projected period due to increasing aircraft industry demand driving research, development, and innovation by several key market participants to keep up with the advancing demand. The market is constrained by lubricating oil contamination and lubricants’ capacity to operate in harsh environments.


North-America Got Significant Share

Artificial Iris Market

The aviation lubricants market in North America is likely to hold a significant revenue share in 2021, and in the following years, it is predicted to increase rapidly. Aviation lubricants are widely used throughout North America. In the area, the United States is the country that produces and uses the most aviation lubricants. In terms of volume and revenue, North America is anticipated to dominate the worldwide aviation lubricants market during the forecast period. Regarding lubricant consumption, Asia Pacific is another significant region in the aviation lubricants market. In the Asia Pacific, China is a very profitable market for aviation lubricants.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The aviation lubricants market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Aviation Lubricants Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The aviation lubricants market is projected to expand at a CAGR of 6.7% during the forecast period

Lanxess, Lukoil, Nyco, Nye Lubricants, Inc. (Fuchs Petrolub), Rocol, Royal Dutch Shell Plc, The Chemours Company

North America is the fastest-growing region for aviation lubricants market


Report

Company Profile

  • Aerospace Lubricants, Inc.
  • Eastman Chemical Company
  • Exxon Mobil Corporation
  • Jet-Lube (Whitmore Manufacturing LLC)
  • Lanxess
  • Lukoil
  • Nyco
  • Nye Lubricants, Inc. (Fuchs Petrolub)
  • Rocol
  • Royal Dutch Shell Plc
  • The Chemours Company

Description

Aviation Lubricants Market size was valued at USD 832.7 million in 2021 and is poised to grow at a significant CAGR of 6.7% over 2022–2028. The aviation industry is committed to achieving challenging carbon reduction targets. As a result, sustainable aviation fuel has been recognized as one of the crucial components in achieving these objectives. Due to the aviation industry’s adoption of environmentally friendly efforts, there is a growing demand for sustainable alternatives to conventional lubricants because they are hazardous, non-biodegradable, and pollute water and air resources. For instance, lubricants made from plants are becoming more popular in aviation. These lubricants are utilized as specialized additives since they are not exceptionally stable at high temperatures and pressures. For instance, military aircraft employ MIL-G-6032, grease with a vegetable oil base, to lubricate pump bearings, valves, and fittings. Such lubricants are advantageous for more than only the environment because they can improve operational metrics like higher active life and reduced consumption in addition to saving energy. The need for aviation lubricants on the global market will increase as the navy and army emphasize purchasing aircraft. Additionally, due to the aviation industry’s preference for passenger safety and comfort, the need for aviation lubricants will keep rising on the global market. As passenger traffic and aircraft orders grow, the aviation lubricants market will change over the anticipated years. Moreover, airlines must use lightweight components and materials to reduce the aircraft’s weight and increase efficiency. In aviation, hydraulic systems are used because they are light, user-friendly, and provide the proper mechanical power transfer. Compared to the Class 2 standard density fluid, the Type IV hydraulic fluid Class I low-density category helps lighten aircraft. Exxon HyJet IV-A plus and other low-density fluids are in high demand due to their unique mechanical properties. These lubricants increase equipment longevity and reduce repair expenses. As a result, there is an excellent opportunity for aviation lubricant producers to enter the low-density lubricant industry.

Recent Market Developments:

In April 2022, Mesa Airlines signed a five-year contract with Boeing Distribution Inc. (formerly Aviall) to procure ExxonMobil aviation lubricants, namely Mobil Jet™ Oil II and Mobil™ HyJet™ IV-Aplus, across its entire fleet comprising over 160 aircraft.

In April 2021, LANXESS launched an organic lubricant additive for high-performance engine oils. The new Addition RC 3502 has been specifically developed to reduce friction and deliver sustained performance and anti-wear protection.

In April 2021, NYCO introduced the NYCO Grease GN 3058, which provides outstanding performances in four key properties for applications such as wheel bearings, propeller bearings, and highly loaded landing gear areas: the base oil viscosity, the load wear index, the resistance to water washout and the oil separation.

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