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

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Lubricants Market: By Product Type (Engine Oil, Hydraulic Fluid, Metalworking Fluid, Others), By Base Oil (Mineral Oil, Synthetic Oil, Bio-based Oil) By Application (Transportation, Industrial, Others) and Geography

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Description
Table Of Content
Company Profile

Report

Description

Lubricants Market size is valued at USD 130.5 billion in 2021 and is expected to reach USD 168.2 billion by 2028, at a CAGR of 4.1% during the forecast period 2022-2028. Increased demand for engines with high performance, demand for renewable energy and cost-effective manufacturing techniques act as drivers. Hybrid vehicle demand and rising parity in battery prices, raw material stringent auto regulations and norms rising demand for bio-based products act as restrain to the global market. Robust industrialization provides significant opportunity to global lubricants market. The report studies global lubricants market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global lubricants market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global lubricants market.

Key Developments:

In February 2019, Amalie Oil Co., a producer and distributor of lubricants completed the acquisition of Lubricating Specialities Co. (LSC).

In November 2019, Fuchs Group signed an agreement with Nye Lubricants, a company engaged in formulation and manufacturing of synthetic lubricants.

Lubricants Market

MARKET SUMMARY

4.1%

Study Period– 2022 – 2028
Base Year– 2021
CAGR– 4.1%
Largest Market– Asia-Pacific
Fastest Growing Market– North America

Lubricants Market

The global lubricants market report gives comprehensive outlook on lubricants market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The report on global lubricants market gives historical, current, and future market sizes on the basis of product type, base oil, application and region.

Key Players

Royal Dutch Shell
ExxonMobil
BP PLC
Chevron Corporation
Total S.A.

Lubricants Market Growth

It is noticed that the global lubricants market has a significant market growth rate on perspective of increasing application in automotive industry. Automotive industry, all those companies and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries, and fuel. The industry’s principal products are passenger automobiles and light trucks, including pickups, vans, and sport utility vehicles. Commercial vehicles, though important to the industry, are secondary.

North-America Got Significant Share

Lubricants Market

North America contributed major revenue followed by Europe and Asia Pacific. In 2021, North America region accounted huge growth rate and is anticipated to grow with a forecast year due to the presence of key market players. Coupled with the rising number of cars in the countries with different industrial sectors help Europe to dominate the market. Rising awareness and growth in the industrial sector help in the growth of Asia Pacific boosting the global lubricants market.

Latin-America

North-America

Europe

Asia-Pacific

Middle East

Key

Features of the Report

The 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 startup’s details that are actively working in the market
The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Lubricants Market Segmentation

By Product Type

Engine Oil
Hydraulic Fluid
Metalworking Fluid
Others

By Application

Transportation
Industrial
Others

By Base Oil

Mineral Oil
Synthetic Oil
Bio-based Oil

Location

GEOGRAPHY

Frequently Asked Questions

The lubricants market is projected to expand at a CAGR of 4.1% during the forecast period

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)

North America is the fastest-growing region for lubricants market

Report

Table Of Content

1. Executive Summary

2. Global Lubricants Market Introduction

2.1. Global Lubricants Market – Taxonomy

2.2. Global Lubricants Market –Definitions

2.2.1. Product Type

2.2.2. Base Oil

2.2.3. Application

3. Global Lubricants Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global Lubricants Market Dynamic Factors – Impact Analysis

3.6. Global Lubricants Market – Competition Landscape

4. Global Lubricants Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028

4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

5. Global Lubricants Market, By Product Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.1. Engine Oil

5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. Hydraulic Fluid

5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. Metalworking Fluid

5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

5.4. Others

5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.4.3. Market Opportunity Analysis

6. Global Lubricants Market Forecast, By Base Oil, 2017 – 2021 and Forecast, 2020 – 2026 (Revenue, USD Mn)

6.1. Mineral Oil

6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. Synthetic Oil

6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. Bio-based Oil

6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

7. Global Lubricants Market Forecast, By Application, 2017 – 2021 and Forecast, 2020 – 2026 (Revenue, USD Mn)

7.1. Transportation

7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Industrial

7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Others

7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

8. Global Lubricants Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

8.1. North America

8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

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)

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)

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)

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)

8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.5.3. Market Opportunity Analysis

8.6. Global Lubricants Market – Opportunity Analysis Index, By Product Type, Base Oil, Application and Region, 2022 – 2028

9. North America Lubricants Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

9.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1. Engine Oil

9.1.2. Hydraulic Fluid

9.1.3. Metalworking Fluid

9.1.4. Others

9.2. Base Oil Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.2.1. Mineral Oil

9.2.2. Synthetic Oil

9.2.3. Bio-based Oil

9.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.3.1. Transportation

9.3.2. Industrial

9.3.3. Others

9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

9.4.1. USA

9.4.2. Canada

9.5. North America Lubricants Market – Opportunity Analysis Index, By Product Type, Base Oil, Application and Country, 2022 – 2028

9.6. North America Lubricants Market Dynamics – Trends

10. Europe Lubricants Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

10.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Engine Oil

10.1.2. Hydraulic Fluid

10.1.3. Metalworking Fluid

10.1.4. Others

10.2. Base Oil Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.2.1. Mineral Oil

10.2.2. Synthetic Oil

10.2.3. Bio-based Oil

10.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.3.1. Transportation

10.3.2. Industrial

10.3.3. Others

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 Lubricants Market – Opportunity Analysis Index, By Product Type, Base Oil, Application and Country, 2022 – 2028

10.6. Europe Lubricants Market Dynamics – Trends

11. Asia-Pacific Lubricants Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

11.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.1.1. Engine Oil

11.1.2. Hydraulic Fluid

11.1.3. Metalworking Fluid

11.1.4. Others

11.2. Base Oil Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.2.1. Mineral Oil

11.2.2. Synthetic Oil

11.2.3. Bio-based Oil

11.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.3.1. Transportation

11.3.2. Industrial

11.3.3. Others

11.4. Country Analysis 2017 – 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 Lubricants Market – Opportunity Analysis Index, By Product Type, Base Oil, Application and Country, 2022 – 2028

11.6. Asia-Pacific Lubricants Market Dynamics – Trends

12. Latin America Lubricants Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

12.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.1.1. Engine Oil

12.1.2. Hydraulic Fluid

12.1.3. Metalworking Fluid

12.1.4. Others

12.2. Base Oil Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.2.1. Mineral Oil

12.2.2. Synthetic Oil

12.2.3. Bio-based Oil

12.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.3.1. Transportation

12.3.2. Industrial

12.3.3. Others

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 Lubricants Market – Opportunity Analysis Index, By Product Type, Base Oil, Application and Country, 2022 – 2028

12.6. Latin America Lubricants Market Dynamics – Trends

13. Middle East and Africa Lubricants Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

13.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

13.1.1. Engine Oil

13.1.2. Hydraulic Fluid

13.1.3. Metalworking Fluid

13.1.4. Others

13.2. Base Oil Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

13.2.1. Mineral Oil

13.2.2. Synthetic Oil

13.2.3. Bio-based Oil

13.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

13.3.1. Transportation

13.3.2. Industrial

13.3.3. Others

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 Lubricants Market – Opportunity Analysis Index, By Product Type, Base Oil, Application and Country, 2022 – 2028

13.6. MEA Lubricants Market Dynamics – Trends

14. Competition Landscape

14.1. Strategic Dashboard of Top Market Players

14.2. Company Profiles (Introduction, Financial Analysis, Product Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)

14.2.1. Royal Dutch Shell (Netherlands)

14.2.2. ExxonMobil (U.S.)

14.2.3. BP PLC (U.K.)

14.2.4. Chevron Corporation (U.S.)

14.2.5. Total S.A. (France)

14.2.6. Petrochina Company Limited (China)

14.2.7. Idemitsu Kosan Co. Ltd. (Japan)

14.2.8. Sinopec Limited (China)

14.2.9. Fuchs Petrolub AG (Germany)

14.2.10. Valvoline (U.S.)

14.2.11. Lukoil (Russia)

14.2.12. Petronas (Malaysia)

14.2.13. Gazprom Neft (Russia)

14.2.14. Pertamina (Indonesia)

15. Research Methodology

16. Key Assumptions and Acronyms

Description

Description

Key Developments:

In February 2019, Amalie Oil Co., a producer and distributor of lubricants completed the acquisition of Lubricating Specialities Co. (LSC).

In November 2019, Fuchs Group signed an agreement with Nye Lubricants, a company engaged in formulation and manufacturing of synthetic lubricants.

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

Description

Key Developments:

Lubricants Market

Lubricants Market

Features of the Report

By Product Type

By Application

By Base Oil

GEOGRAPHY

Frequently Asked Questions

Table Of Content

Company Profile

Description

Key Developments:

Product categories

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