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Biolubricants Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Biolubricants Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Biolubricants Market: by Base Oil (Vegetable oil, Animal fat, Others (synthetic ester)), Application (Hydraulic oil, Metalworking fluids, Chainsaw oil, Mold release agents, Two-cycle engine oils, Gear oils, Greases, Others (transformer oils, refrigeration fluids, and textile machinery oils)), End User (Industrial (marine, mining & metallurgy, energy & power, and food & pharmaceutical), Commercial Transport, Consumer Automobile) and Geography

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Report

Description

Biolubricants Market size is valued at USD 1,950.0 million in 2021 and is expected to reach a value of USD 2,725.6 million by 2028, growing at a CAGR of 4.9% during the forecast period 2022 to 2028. The global market provides a detailed overview of the biolubricants market and that can be segmented by base oil, application, and end user. By base oil, the biolubricants market has been segmented into vegetable oil, animal fat, and others (synthetic ester). The vegetable oil segment is likely to be the largest and fastest-growing segment in terms of base oil. Based on application, the biolubricants market is segmented into hydraulic oil, metalworking fluids, chainsaw oil, mold release agents, two-cycle engine oils, gear oils, greases, and others (transformer oils, refrigeration fluids, and textile machinery oils).  Among these, the metalworking fluids segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of end-user, the market is segregated into industrial (marine, mining & metallurgy, energy & power, and food & pharmaceutical), commercial transport, and consumer automobile. Among these, the industrial segment is expected to have the fastest-growing market during the forecast period 2022-2028.

Key Developments:

In Dec 2021, RSC Bio Solutions partnered with Standard Sekiyu Osaka Hatsubaisho Co., Ltd (SSOH)

Biolubricants Market

MARKET SUMMARY
-
4.9% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 4.9%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Biolubricants Market

  • The biolubricants 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.
  • The biolubricants market report gives historical, current, and future market sizes (US$ Mn) based on by base oil, application, end user and geography.
Key Players
  • Emery Oleochemicals
  • ExxonMobil
  • FUCHS Group
  • Panolin AG
  • Royal Dutch Shell
Biolubricants Market Drivers

Increased R&D efforts by key players, together with technical advancements, are projected to open up new lubricant application options. Furthermore, the industry is being fueled by an increase in the availability of high-performance, cost-competitive green base oils, which are being driven by government requirements. Along with these considerations, the primary drivers of lubricant demand are growing environmental concerns and severe regulatory regulations, over the use of synthetic lubricants.

Asia-Pacific Got Significant Share

Biolubricants Market

By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. Automobile spending and industrialization are likely to rise further as a result of favorable government laws and low labor costs. Furthermore, a shift in the trend toward more efficient, sustainable automobiles is expected to improve bio lubricant production and consumption in the region. Over the projection period, regional demand is expected to be supplemented by expenditures in innovation and R&D to promote novel lubricant applications.

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

Features of the Report

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

segmentation-block-image

by Base Oil

    • Vegetable oil,
    • Animal fat,
    • Others (synthetic ester)
segmentation-block-image

By Application

    • Hydraulic oil,
    • Metalworking fluids,
    • Chainsaw oil,
    • Mold release agents,
    • Two-cycle engine oils,
    • Gear oils,
    • Greases,
    • Others
segmentation-block-image

By End User

    • Industrial (marine, mining & metallurgy, energy & power, and food & pharmaceutical),
    • Commercial Transport,
    • Consumer Automobile
Location

GEOGRAPHY

Frequently Asked Questions

The biolubricants market is projected to expand at a CAGR of 4.9% during the forecast period.

The major players in the global biolubricants market are Binol Lubricants, BP, Cargill Inc., Chevron & British Petroleum, Emery Oleochemicals, ExxonMobil, FUCHS Group, Panolin AG, Royal Dutch Shell and Total S.A.

Asia Pacific is the fastest-growing region for biolubricants market

Report

Table Of Content

1. Executive Summary
2. Global Biolubricants Market Introduction
2.1. Global Biolubricants Market – Taxonomy
2.2. Global Biolubricants Market –Definitions
2.2.1. Base Oil
2.2.2. Application
2.2.3. End User
3. Global Biolubricants Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Biolubricants Market Dynamic Factors – Impact Analysis
3.6. Global Biolubricants Market – Competition Landscape
3.7. Epidemiology
4. Global Biolubricants Market Analysis,2017-2021 and Forecast, 2022-2028
4.1. Market Analysis,2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Biolubricants Market, By Base Oil, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
5.1. Vegetable oil
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Animal fat
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Others (synthetic ester)
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Biolubricants Market Forecast, By Application, 2017-2021 and Forecast, 2021 – 2027 (Revenue, USD Mn) (Volume, Kilotons)
6.1. Hydraulic oil
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Metalworking fluids
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Chainsaw oil
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Mold release agents
6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Two-cycle engine oils
6.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Gear oils
6.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
6.7. Greases
6.7.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.7.3. Market Opportunity Analysis
6.8. Others (transformer oils, refrigeration fluids, and textile machinery oils)
6.8.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
6.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.8.3. Market Opportunity Analysis
7. Global Biolubricants Market, By End User, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
7.1. Industrial (marine, mining & metallurgy, energy & power, and food & pharmaceutical)
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Commercial Transport
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Consumer Automobile
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Biolubricants Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
8.1. North America
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Biolubricants Market – Opportunity Analysis Index, By Base Oil, Application, End User and Region, 2022-2028
9. North America Biolubricants MarketAnalysis,2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
9.1. By Base Oil Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Vegetable oil
9.1.2. Animal fat
9.1.3. Others (synthetic ester)
9.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Hydraulic oil
9.2.2. Metalworking fluids
9.2.3. Chainsaw oil
9.2.4. Mold release agents
9.2.5. Two-cycle engine oils
9.2.6. Gear oils
9.2.7. Greases
9.2.8. Others (transformer oils, refrigeration fluids, and textile machinery oils)
9.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Industrial (marine, mining & metallurgy, energy & power, and food & pharmaceutical)
9.3.2. Commercial Transport
9.3.3. Consumer Automobile
9.4. Country Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Biolubricants Market – Opportunity Analysis Index, By  Base Oil, Application, End User, and Country, 2022-2028
9.6. North America Biolubricants Market Dynamics – Trends
10. Europe Biolubricants Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
10.1. By Base Oil Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Vegetable oil
10.1.2. Animal fat
10.1.3. Others (synthetic ester)
10.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Hydraulic oil
10.2.2. Metalworking fluids
10.2.3. Chainsaw oil
10.2.4. Mold release agents
10.2.5. Two-cycle engine oils
10.2.6. Gear oils
10.2.7. Greases
10.2.8. Others (transformer oils, refrigeration fluids, and textile machinery oils)
10.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Industrial (marine, mining & metallurgy, energy & power, and food & pharmaceutical)
10.3.2. Commercial Transport
10.3.3. Consumer Automobile
10.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Biolubricants Market – Opportunity Analysis Index, By  Base Oil, Application, End User, and Country, 2022-2028
10.6. Europe Biolubricants Market Dynamics – Trends
11. Asia-Pacific Biolubricants Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
11.1. By Base Oil Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Vegetable oil
11.1.2. Animal fat
11.1.3. Others (synthetic ester)
11.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Hydraulic oil
11.2.2. Metalworking fluids
11.2.3. Chainsaw oil
11.2.4. Mold release agents
11.2.5. Two-cycle engine oils
11.2.6. Gear oils
11.2.7. Greases
11.2.8. Others (transformer oils, refrigeration fluids, and textile machinery oils)
11.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Industrial (marine, mining & metallurgy, energy & power, and food & pharmaceutical)
11.3.2. Commercial Transport
11.3.3. Consumer Automobile
11.4. Country Analysis2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Biolubricants Market – Opportunity Analysis Index, By  Base Oil, Application, End User, and Country, 2022-2028
11.6. Asia-Pacific Biolubricants Market Dynamics – Trends
12. Latin America Biolubricants Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
12.1. By Base Oil Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Vegetable oil
12.1.2. Animal fat
12.1.3. Others (synthetic ester)
12.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Hydraulic oil
12.2.2. Metalworking fluids
12.2.3. Chainsaw oil
12.2.4. Mold release agents
12.2.5. Two-cycle engine oils
12.2.6. Gear oils
12.2.7. Greases
12.2.8. Others (transformer oils, refrigeration fluids, and textile machinery oils)
12.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Industrial (marine, mining & metallurgy, energy & power, and food & pharmaceutical)
12.3.2. Commercial Transport
12.3.3. Consumer Automobile
12.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Biolubricants Market – Opportunity Analysis Index, By  Base Oil, Application, End User, and Country, 2022-2028
12.6. Latin America Biolubricants Market Dynamics – Trends
13. Middle East and Africa Biolubricants Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) (Volume, Kilotons)
13.1. By Base Oil Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
13.1.1. Vegetable oil
13.1.2. Animal fat
13.1.3. Others (synthetic ester)
13.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Hydraulic oil
13.2.2. Metalworking fluids
13.2.3. Chainsaw oil
13.2.4. Mold release agents
13.2.5. Two-cycle engine oils
13.2.6. Gear oils
13.2.7. Greases
13.2.8. Others (transformer oils, refrigeration fluids, and textile machinery oils)
13.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Industrial (marine, mining & metallurgy, energy & power, and food & pharmaceutical)
13.3.2. Commercial Transport
13.3.3. Consumer Automobile
13.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Biolubricants Market – Opportunity Analysis Index, By  Base Oil, Application, End User, and Country, 2022-2028
13.6. MEA Biolubricants Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Application& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Binol Lubricants
14.2.2. BP
14.2.3. Cargill Inc.
14.2.4. Chevron & British Petroleum
14.2.5. Emery Oleochemicals
14.2.6. ExxonMobil
14.2.7. FUCHS Group
14.2.8. Panolin AG
14.2.9. Royal Dutch Shell
14.2.10. Total S.A
15. Research Methodology
16. Key Assumptions and Acronyms
Report

Company Profile

  • Binol Lubricants
  • BP
  • Cargill Inc.
  • Chevron & British Petroleum
  • Emery Oleochemicals
  • ExxonMobil
  • FUCHS Group
  • Panolin AG
  • Royal Dutch Shell
  • Total S.A

Description

Biolubricants Market size is valued at USD 1,950.0 million in 2021 and is expected to reach a value of USD 2,725.6 million by 2028, growing at a CAGR of 4.9% during the forecast period 2022 to 2028. The global market provides a detailed overview of the biolubricants market and that can be segmented by base oil, application, and end user. By base oil, the biolubricants market has been segmented into vegetable oil, animal fat, and others (synthetic ester). The vegetable oil segment is likely to be the largest and fastest-growing segment in terms of base oil. Based on application, the biolubricants market is segmented into hydraulic oil, metalworking fluids, chainsaw oil, mold release agents, two-cycle engine oils, gear oils, greases, and others (transformer oils, refrigeration fluids, and textile machinery oils).  Among these, the metalworking fluids segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of end-user, the market is segregated into industrial (marine, mining & metallurgy, energy & power, and food & pharmaceutical), commercial transport, and consumer automobile. Among these, the industrial segment is expected to have the fastest-growing market during the forecast period 2022-2028.

Key Developments:

In Dec 2021, RSC Bio Solutions partnered with Standard Sekiyu Osaka Hatsubaisho Co., Ltd (SSOH)

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