糖心vlog传媒

logo

Lubricants Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2026)

The Report Covers Global Lubricants Market Trends & Industry Growth and it is Segmented by End User (Automotive, Heavy Equipment, Metallurgy & Metalworking, Power Generation), by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission & Gear Oils) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America)

Home right-chevron-icon Market Analysis right-chevron-icon Chemicals & Materials Research right-chevron-icon Lubricants and Fuel Additives Research right-chevron-icon Lubricants Research right-chevron-icon Lubricants Industry

Lubricants Market Size

Global Lubricants Market
share button
svg icon Study Period 2015 - 2026
svg icon Market Volume (2024) 44.41 Billion Liters
svg icon Market Volume (2026) 47.22 Billion Liters
svg icon Largest Share by End User Automotive
svg icon CAGR (2024 - 2026) 3.12 %
svg icon Largest Share by Region Asia-Pacific
svg icon Market Concentration High

Major Players
major-player-company-image major-player-company-image major-player-company-image major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

Compare market size and growth of Global Lubricants Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

WHY BUY FROM US?
1. CRISP & INSIGHTFUL
2. TRUE BOTTOM-UP
3. EXHAUSTIVENESS
4. TRANSPARENCY
5. CONVENIENCE
KNOW MORE

Lubricants Market Analysis

The Global Lubricants Market size is estimated at 44.41 Billion Liters in 2024, and is expected to reach 47.22 Billion Liters by 2026, growing at a CAGR of 3.12% during the forecast period (2024-2026).

  • Largest Segment by End-user Industry - Automotive : Automotive was the largest end-user among all categories due to the high replacement cycles of lubricants used in motor vehicles compared to any other industrial application.
  • Fastest Segment by End-user Industry - Power Generation : Power generation is projected to be the fastest-growing end-user globally due to the increasing demand for low-cost energy from natural gas and wind power plants.
  • Largest Region Market - Asia-Pacific : Asia-Pacific, driven mainly by India, China, and Japan, is the major lubricant-consuming region due to high vehicle ownerships and industrial machinery than any other region.
  • Fastest Growing Region Market - Asia-Pacific : Due to rising urbanization, increased electricity use, and rising vehicle ownership in China and India, Asia-Pacific is projected to be the fastest-growing region.

Lubricants Market Trends

This section covers the major market trends shaping the Lubricants Market according to our research experts:

Largest Segment By End User : Automotive

  • In 2020, the automotive industry dominated the global lubricants market, accounting for around half of the total lubricant consumption. During 2015-2019, lubricant consumption in the automotive industry increased by 11%  due to growth in vehicle sales and usage.
  • In 2020, COVID-19-related restrictions led to declined maintenance requirements from several industries. The major impact was observed in the automotive industry, which recorded a dip of 10.1% during the year, followed by heavy equipment (7.66%).
  • Power generation is likely to be the fastest-growing end-user industry of the global lubricants market during 2021-2026, with a CAGR of 4.8%, followed by automotive (3.8%). The capacity additions in the renewable energy sector worldwide will likely drive lubricant consumption in the power generation industry.
Global Lubricants Market

Largest Region : Asia-Pacific

  • In 2020, Asia-Pacific was the leading consumer of lubricants in the world, accounting for around 46% of the global lubricant consumption. During 2015-2019, lubricant consumption in the Asia-Pacific region increased by around 20%, driven by China, India, and Indonesia.
  • In 2020, the COVID-19 outbreak restrained the operations of several industries, thereby restraining lubricant consumption across the globe. North America was the most affected, with a 13.4% drop in its lubricant consumption, followed by Europe, with an 11.29% drop, during 2019-20.
  • Asia-Pacific is likely to be the fastest-growing lubricants market in Africa during 2021-26, with a CAGR of around 4.3%. The recovering automotive sales and usage combined with growing industrial activities in the region are likely to drive the growth of the Asia-Pacific lubricants market in the near future.
Global Lubricants Market

Lubricants Industry Overview

The Global Lubricants Market is fragmented, with the top five companies occupying 38.45%. The major players in this market are BP PLC (Castrol), China National Petroleum Corporation, China Petroleum & Chemical Corporation, ExxonMobil Corporation and Royal Dutch Shell PLC (sorted alphabetically).

Lubricants Market Leaders

  1. BP PLC (Castrol)

  2. China National Petroleum Corporation

  3. China Petroleum & Chemical Corporation

  4. ExxonMobil Corporation

  5. Royal Dutch Shell PLC

*Disclaimer: Major Players sorted in no particular order

Global Lubricants Market
bookmark Need More Details on Market Players and Competitors?
Download PDF

Lubricants Market News

  • May 2022: TotalEnergies, NEXUS Automotive Extend Strategic Partnership for a period of five years. As part of this partnership, TotalEnergies Lubricants will be expanding its presence in the burgeoning N! community, which has seen rapid growth in sales from EUR 7.2 billion in 2015 to nearly EUR 35 billion by the end of 2021.
  • April 2022: FUCHS company introduced AGRI FARM lubricants which are especially suited for high-end agricultural machines.
  • April 2022: FUCHS Lubricants South Africa has introduced new food-grade Renolin SJL Heavy and Renolin SJL Winter lubricants for the sugar processing industry.The new lubricant offers benefits such as equipment longevity and food safety.

Lubricants Market Report - Table of Contents

  1. 1. Executive Summary & Key Findings

  2. 2. Introduction

    1. 2.1. Study Assumptions & Market Definition

    2. 2.2. Scope of the Study

    3. 2.3. Research Methodology

  3. 3. Key Industry Trends

    1. 3.1. Automotive Industry Trends

    2. 3.2. Manufacturing Industry Trends

    3. 3.3. Power Generation Industry Trends

    4. 3.4. Regulatory Framework

    5. 3.5. Value Chain & Distribution Channel Analysis

  4. 4. Market Segmentation

    1. 4.1. By End User

      1. 4.1.1. Automotive

      2. 4.1.2. Heavy Equipment

      3. 4.1.3. Metallurgy & Metalworking

      4. 4.1.4. Power Generation

      5. 4.1.5. Other End-user Industries

    2. 4.2. By Product Type

      1. 4.2.1. Engine Oils

      2. 4.2.2. Greases

      3. 4.2.3. Hydraulic Fluids

      4. 4.2.4. Metalworking Fluids

      5. 4.2.5. Transmission & Gear Oils

      6. 4.2.6. Other Product Types

    3. 4.3. By Region

      1. 4.3.1. Africa

        1. 4.3.1.1. Egypt

        2. 4.3.1.2. Morocco

        3. 4.3.1.3. Nigeria

        4. 4.3.1.4. South Africa

        5. 4.3.1.5. Rest of Africa

      2. 4.3.2. Asia-Pacific

        1. 4.3.2.1. China

        2. 4.3.2.2. India

        3. 4.3.2.3. Indonesia

        4. 4.3.2.4. Japan

        5. 4.3.2.5. Malaysia

        6. 4.3.2.6. South Korea

        7. 4.3.2.7. Thailand

        8. 4.3.2.8. Vietnam

        9. 4.3.2.9. Rest of Asia-Pacific

      3. 4.3.3. Europe

        1. 4.3.3.1. France

        2. 4.3.3.2. Germany

        3. 4.3.3.3. Italy

        4. 4.3.3.4. Russia

        5. 4.3.3.5. Spain

        6. 4.3.3.6. United Kingdom

        7. 4.3.3.7. Rest of Europe

      4. 4.3.4. Middle East

        1. 4.3.4.1. Iran

        2. 4.3.4.2. Qatar

        3. 4.3.4.3. Saudi Arabia

        4. 4.3.4.4. Turkey

        5. 4.3.4.5. UAE

        6. 4.3.4.6. Rest of Middle East

      5. 4.3.5. North America

        1. 4.3.5.1. Canada

        2. 4.3.5.2. Mexico

        3. 4.3.5.3. United States

        4. 4.3.5.4. Rest of North America

      6. 4.3.6. South America

        1. 4.3.6.1. Argentina

        2. 4.3.6.2. Brazil

        3. 4.3.6.3. Rest of South America

  5. 5. Competitive Landscape

    1. 5.1. Key Strategic Moves

    2. 5.2. Market Share Analysis

    3. 5.3. Company Profiles

      1. 5.3.1. Behran Oil Company

      2. 5.3.2. BP PLC (Castrol)

      3. 5.3.3. Carl Bechem GmbH

      4. 5.3.4. Chevron Corporation

      5. 5.3.5. China National Petroleum Corporation

      6. 5.3.6. China Petroleum & Chemical Corporation

      7. 5.3.7. Coperative Soceite des petroleum

      8. 5.3.8. ENEOS Corporation

      9. 5.3.9. Eni SpA

      10. 5.3.10. ExxonMobil Corporation

      11. 5.3.11. FUCHS

      12. 5.3.12. Gazprom

      13. 5.3.13. GS Caltex

      14. 5.3.14. Gulf Oil International

      15. 5.3.15. Hindustan Petroleum Corporation Limited

      16. 5.3.16. Idemitsu Kosan Co. Ltd

      17. 5.3.17. Indian Oil Corporation Limited

      18. 5.3.18. Lukoil

      19. 5.3.19. Motul

      20. 5.3.20. Petromin Corporation

      21. 5.3.21. Petronas Lubricants International

      22. 5.3.22. Phillips 66 Lubricants

      23. 5.3.23. PT Pertamina

      24. 5.3.24. PTT Lubricants

      25. 5.3.25. Rosneft

      26. 5.3.26. Royal Dutch Shell PLC

      27. 5.3.27. Terpel

      28. 5.3.28. TotalEnergies

      29. 5.3.29. Valvoline Inc.

      30. 5.3.30. YPF

  6. 6. Appendix

    1. 6.1. Appendix-1 References

    2. 6.2. Appendix-2 List of Tables & Figures

  7. 7. Key Strategic Questions for Lubricants CEOs

List of Tables & Figures

  1. Figure 1:  
  2. VEHICLE POPULATION, NUMBER OF UNITS, GLOBAL, 2015-2027
  1. Figure 2:  
  2. COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, GLOBAL, 2015-2027
  1. Figure 3:  
  2. MOTORCYCLES POPULATION, NUMBER OF UNITS, GLOBAL, 2015-2027
  1. Figure 4:  
  2. PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, GLOBAL, 2015-2027
  1. Figure 5:  
  2. MANUFACTURING VALUE ADDED, USD BILLION (CURRENT VALUE), GLOBAL, 2015-2027
  1. Figure 6:  
  2. POWER GENERATION CAPACITY, GIGAWATT (GW), GLOBAL, 2015-2027
  1. Figure 7:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, BY END USER, 2015-2027
  1. Figure 8:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 9:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, AUTOMOTIVE, 2015-2027
  1. Figure 10:  
  2. GLOBAL LUBRICANTS MARKET, AUTOMOTIVE, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 11:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, HEAVY EQUIPMENT, 2015-2027
  1. Figure 12:  
  2. GLOBAL LUBRICANTS MARKET, HEAVY EQUIPMENT, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 13:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, METALLURGY & METALWORKING, 2015-2027
  1. Figure 14:  
  2. GLOBAL LUBRICANTS MARKET, METALLURGY & METALWORKING, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 15:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, POWER GENERATION, 2015-2027
  1. Figure 16:  
  2. GLOBAL LUBRICANTS MARKET, POWER GENERATION, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 17:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, OTHER END-USER INDUSTRIES, 2015-2027
  1. Figure 18:  
  2. GLOBAL LUBRICANTS MARKET, OTHER END-USER INDUSTRIES, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 19:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, BY PRODUCT TYPE, 2015-2027
  1. Figure 20:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 21:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, ENGINE OILS, 2015-2027
  1. Figure 22:  
  2. GLOBAL LUBRICANTS MARKET, ENGINE OILS, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 23:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, GREASES, 2015-2027
  1. Figure 24:  
  2. GLOBAL LUBRICANTS MARKET, GREASES, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 25:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, HYDRAULIC FLUIDS, 2015-2027
  1. Figure 26:  
  2. GLOBAL LUBRICANTS MARKET, HYDRAULIC FLUIDS, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 27:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, METALWORKING FLUIDS, 2015-2027
  1. Figure 28:  
  2. GLOBAL LUBRICANTS MARKET, METALWORKING FLUIDS, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 29:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, TRANSMISSION & GEAR OILS, 2015-2027
  1. Figure 30:  
  2. GLOBAL LUBRICANTS MARKET, TRANSMISSION & GEAR OILS, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 31:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, OTHER PRODUCT TYPES, 2015-2027
  1. Figure 32:  
  2. GLOBAL LUBRICANTS MARKET, OTHER PRODUCT TYPES, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 33:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, BY REGION, 2015-2027
  1. Figure 34:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME SHARE (%), BY REGION, 2021
  1. Figure 35:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, AFRICA, BY COUNTRY, 2015-2027
  1. Figure 36:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME SHARE (%), AFRICA, BY COUNTRY, 2021
  1. Figure 37:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, EGYPT, 2015-2027
  1. Figure 38:  
  2. GLOBAL LUBRICANTS MARKET, EGYPT, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 39:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, MOROCCO, 2015-2027
  1. Figure 40:  
  2. GLOBAL LUBRICANTS MARKET, MOROCCO, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 41:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, NIGERIA, 2015-2027
  1. Figure 42:  
  2. GLOBAL LUBRICANTS MARKET, NIGERIA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 43:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, SOUTH AFRICA, 2015-2027
  1. Figure 44:  
  2. GLOBAL LUBRICANTS MARKET, SOUTH AFRICA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 45:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, REST OF AFRICA, 2015-2027
  1. Figure 46:  
  2. GLOBAL LUBRICANTS MARKET, REST OF AFRICA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 47:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, ASIA-PACIFIC, BY COUNTRY, 2015-2027
  1. Figure 48:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME SHARE (%), ASIA-PACIFIC, BY COUNTRY, 2021
  1. Figure 49:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, CHINA, 2015-2027
  1. Figure 50:  
  2. GLOBAL LUBRICANTS MARKET, CHINA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 51:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, INDIA, 2015-2027
  1. Figure 52:  
  2. GLOBAL LUBRICANTS MARKET, INDIA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 53:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, INDONESIA, 2015-2027
  1. Figure 54:  
  2. GLOBAL LUBRICANTS MARKET, INDONESIA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 55:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, JAPAN, 2015-2027
  1. Figure 56:  
  2. GLOBAL LUBRICANTS MARKET, JAPAN, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 57:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, MALAYSIA, 2015-2027
  1. Figure 58:  
  2. GLOBAL LUBRICANTS MARKET, MALAYSIA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 59:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, SOUTH KOREA, 2015-2027
  1. Figure 60:  
  2. GLOBAL LUBRICANTS MARKET, SOUTH KOREA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 61:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, THAILAND, 2015-2027
  1. Figure 62:  
  2. GLOBAL LUBRICANTS MARKET, THAILAND, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 63:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, VIETNAM, 2015-2027
  1. Figure 64:  
  2. GLOBAL LUBRICANTS MARKET, VIETNAM, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 65:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, REST OF ASIA-PACIFIC, 2015-2027
  1. Figure 66:  
  2. GLOBAL LUBRICANTS MARKET, REST OF ASIA-PACIFIC, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 67:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, EUROPE, BY COUNTRY, 2015-2027
  1. Figure 68:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME SHARE (%), EUROPE, BY COUNTRY, 2021
  1. Figure 69:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, FRANCE, 2015-2027
  1. Figure 70:  
  2. GLOBAL LUBRICANTS MARKET, FRANCE, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 71:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, GERMANY, 2015-2027
  1. Figure 72:  
  2. GLOBAL LUBRICANTS MARKET, GERMANY, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 73:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, ITALY, 2015-2027
  1. Figure 74:  
  2. GLOBAL LUBRICANTS MARKET, ITALY, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 75:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, RUSSIA, 2015-2027
  1. Figure 76:  
  2. GLOBAL LUBRICANTS MARKET, RUSSIA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 77:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, SPAIN, 2015-2027
  1. Figure 78:  
  2. GLOBAL LUBRICANTS MARKET, SPAIN, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 79:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, UNITED KINGDOM, 2015-2027
  1. Figure 80:  
  2. GLOBAL LUBRICANTS MARKET, UNITED KINGDOM, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 81:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, REST OF EUROPE, 2015-2027
  1. Figure 82:  
  2. GLOBAL LUBRICANTS MARKET, REST OF EUROPE, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 83:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, MIDDLE EAST, BY COUNTRY, 2015-2027
  1. Figure 84:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME SHARE (%), MIDDLE EAST, BY COUNTRY, 2021
  1. Figure 85:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, IRAN, 2015-2027
  1. Figure 86:  
  2. GLOBAL LUBRICANTS MARKET, IRAN, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 87:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, QATAR, 2015-2027
  1. Figure 88:  
  2. GLOBAL LUBRICANTS MARKET, QATAR, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 89:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, SAUDI ARABIA, 2015-2027
  1. Figure 90:  
  2. GLOBAL LUBRICANTS MARKET, SAUDI ARABIA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 91:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, TURKEY, 2015-2027
  1. Figure 92:  
  2. GLOBAL LUBRICANTS MARKET, TURKEY, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 93:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, UAE, 2015-2027
  1. Figure 94:  
  2. GLOBAL LUBRICANTS MARKET, UAE, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 95:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, REST OF MIDDLE EAST, 2015-2027
  1. Figure 96:  
  2. GLOBAL LUBRICANTS MARKET, REST OF MIDDLE EAST, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 97:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, NORTH AMERICA, BY COUNTRY, 2015-2027
  1. Figure 98:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME SHARE (%), NORTH AMERICA, BY COUNTRY, 2021
  1. Figure 99:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, CANADA, 2015-2027
  1. Figure 100:  
  2. GLOBAL LUBRICANTS MARKET, CANADA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 101:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, MEXICO, 2015-2027
  1. Figure 102:  
  2. GLOBAL LUBRICANTS MARKET, MEXICO, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 103:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, UNITED STATES, 2015-2027
  1. Figure 104:  
  2. GLOBAL LUBRICANTS MARKET, UNITED STATES, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 105:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, REST OF NORTH AMERICA, 2015-2027
  1. Figure 106:  
  2. GLOBAL LUBRICANTS MARKET, REST OF NORTH AMERICA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 107:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, SOUTH AMERICA, BY COUNTRY, 2015-2027
  1. Figure 108:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME SHARE (%), SOUTH AMERICA, BY COUNTRY, 2021
  1. Figure 109:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, ARGENTINA, 2015-2027
  1. Figure 110:  
  2. GLOBAL LUBRICANTS MARKET, ARGENTINA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 111:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, BRAZIL, 2015-2027
  1. Figure 112:  
  2. GLOBAL LUBRICANTS MARKET, BRAZIL, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 113:  
  2. GLOBAL LUBRICANTS MARKET, VOLUME IN LITERS, REST OF SOUTH AMERICA, 2015-2027
  1. Figure 114:  
  2. GLOBAL LUBRICANTS MARKET, REST OF SOUTH AMERICA, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 115:  
  2. GLOBAL LUBRICANTS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 116:  
  2. GLOBAL LUBRICANTS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 117:  
  2. GLOBAL LUBRICANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2021

Lubricants Industry Segmentation

By End User
Automotive
Heavy Equipment
Metallurgy & Metalworking
Power Generation
Other End-user Industries
By Product Type
Engine Oils
Greases
Hydraulic Fluids
Metalworking Fluids
Transmission & Gear Oils
Other Product Types
By Region
Africa
Egypt
Morocco
Nigeria
South Africa
Rest of Africa
Asia-Pacific
China
India
Indonesia
Japan
Malaysia
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
Europe
France
Germany
Italy
Russia
Spain
United Kingdom
Rest of Europe
Middle East
Iran
Qatar
Saudi Arabia
Turkey
UAE
Rest of Middle East
North America
Canada
Mexico
United States
Rest of North America
South America
Argentina
Brazil
Rest of South America
customize-icon Need A Different Region Or Segment?
Customize Now

Market Definition

  • Vehicle Types and Industrial Equipment - Automotive (Passenger Vehicles, Commercial Vehicles and Motorcycles), Power Generation, Heavy Equipment, Metallurgy & Metalworking and Other End-user Industries (Marine, Aviation etc.) are considered under the lubricants market.鈥�
  • Product Types - For the purpose of this study, lubricant products such as engine oils, transmission & gear oils, hydraulic fluids, metalworking fluids, and greases are taken into consideration.鈥�
  • Service Refill - Service/maintenance refill is considered while accounting the lubricant consumption for each of the vehicle and equipment, under the study.鈥�
  • Factory Fill - First lubricant fill-ups for newly produced vehicles and industrial equipment are considered under the study.
bookmark Need More Details on Market Definition?
Ask a Question

Research Methodology

糖心vlog传媒 follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
download-icon Get More Details On Research Methodology
Download PDF
close-icon
80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

WHY BUY FROM US?
card-img
01. Crisp, insightful analysis
Our focus is NOT on word count. We present only the key trends impacting the market so you don鈥檛 waste time finding a needle in the haystack.
card-img
02. True Bottom-Up Approach
We study the industry, not just the market. Our bottom-up approach ensures we have a broad and deep understanding of the forces that shape the industry.
card-img
03. Exhaustive Data
Tracking a million data points on the lubricants industry. Our constant market tracking covers over 1 million+ data points spanning 45 countries and over 150 companies just for the lubricants industry.
card-img
04. Transparency
Know where your data comes from. Most market reports today hide the sources used behind the veil of a proprietary model. We proudly present them so you can trust our information.
card-img
05. Convenience
Tables belong in spreadsheets. Like you, we also believe that spreadsheets are better suited for data evaluation. We don't clutter our reports with data tables. We provide an excel document with each report that contains all the data used to analyze the market.

Lubricants Market Research FAQs

The Global Lubricants Market size is expected to reach 44.41 billion Liters in 2024 and grow at a CAGR of 3.12% to reach 47.22 billion Liters by 2026.

In 2024, the Global Lubricants Market size is expected to reach 44.41 billion Liters.

BP PLC (Castrol), China National Petroleum Corporation, China Petroleum & Chemical Corporation, ExxonMobil Corporation and Royal Dutch Shell PLC are the major companies operating in the Global Lubricants Market.

In the Global Lubricants Market, the Automotive segment accounts for the largest share by end user.

In 2024, Asia-Pacific accounts for the largest share by region in the Global Lubricants Market.

In 2023, the Global Lubricants Market size was estimated at 42.99 billion Liters. The report covers the Global Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Lubricants Market size for years: 2024, 2025 and 2026.

Lubricants Industry Report

Statistics for the 2024 Lubricants market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Lubricants analysis includes a market forecast outlook to 2026 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Lubricants Market Report Snapshots

Lubricants Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2026)

// // // // //

糖心vlog传媒

// // ${ //
//

// 糖心vlog传媒 - ${reportTitle} //

// // // "> // `; codeToEmbed.innerText = `

${
Image Source
` // Citation Copy const citationText = document.querySelector(".citation-text"); const copyCitation = document.querySelector("#copy-citation"); copyCitation.addEventListener("click", function (event) { event.preventDefault(); handleShare('Citation Copied'); var copyText = citationText.innerText; navigator.clipboard.writeText(copyText); let copiedNotification = document.getElementById("citation-copy-notification"); copiedNotification.classList.remove("invisible"); setTimeout(()=>copiedNotification.classList.add("invisible"), 2000); }); // Link Copy const copyButton = document.querySelector("#copy-link"); copyButton.addEventListener("click", function (event) { event.preventDefault(); handleShare('Link Copied') navigator.clipboard.writeText(`${report_url}`); let copiedNotification = document.getElementById("link-copy-notification"); copiedNotification.classList.remove("invisible"); setTimeout(()=>copiedNotification.classList.add("invisible"), 1500 ); }); // Embed Code Copy const copyEmbedCodeButton = document.getElementById('copy-embed-code-butt'); copyEmbedCodeButton.addEventListener("click", function(event){ event.preventDefault(); handleEmbedSnapshot(); let copyiedCode = document.getElementById('code-to-copy').innerText; navigator.clipboard.writeText(copyiedCode); let codeCopiedNotification = document.getElementById("embed-code-copy-notification"); codeCopiedNotification.classList.remove("invisible"); setTimeout(()=>codeCopiedNotification.classList.add("invisible"), 1500 ); }); // Facebook Share let facebookShare = document.getElementById("facebook-share"); facebookShare.addEventListener('click', function() { handleShare('Facebook'); let url = `https://www.facebook.com/sharer/sharer.php?u=${encodeURI(report_url)}`; window.open(url,'Share on Facebook', `width=${width}, height=${height}, top=${top}, left=${left}`) }); // LinkedIn Share let linkedinShare = document.getElementById("linkedin-share"); linkedinShare.addEventListener('click', function() { handleShare('LinkedIn'); let url = `https://www.linkedin.com/shareArticle?mini=true&url=${encodeURI(report_url)}&source=MordorIntel`; window.open(url, 'Share on Linkedin', `width=${width}, height=${height}, top=${top}, left=${left}`); }); // Twitter Share let twitterShare = document.getElementById("twitter-share"); twitterShare.addEventListener('click', function() { handleShare('Twitter'); let url = `http://twitter.com/intent/tweet?url=${encodeURI(report_url)}&text=${encodeURIComponent(shortTitle.replace(/\s+Market$/, '').replace(/\s+market$/, '').trim() + ' Market Size | 糖心vlog传媒')},${encodeURIComponent('@MordorIntel')}&hashtags=mordorintelligence,${slug.replaceAll("-", "")}`; window.open(url, 'Share on Twitter', `width=${width}, height=${height}, top=${top}, left=${left}`); }); // Email Share let emailShare = document.getElementById("email-share"); emailShare.href = `mailto:?subject=${encodeURIComponent("糖心vlog传媒 - " + shortTitle)}&body=${encodeURIComponent('Check out this report from 糖心vlog传媒. I believe you will find it interesting.')}%0D%0A%0D%0A${encodeURIComponent(metaDescription)}%0D%0A%0D%0A${encodeURIComponent(marketSnapshotUrl)}%0D%0A%0D%0A${encodeURIComponent(report_url)}`; emailShare.addEventListener('click', function() { handleShare('Email'); }); } // Share Analytics async function handleShare(type=null){ try{ let body ={ reportTitle: `${reportTitle}`, reportSlug: `${slug}`, reportUrl: `${report_url}`, sharingPlatform: type, } fetch(`${backend_url}/api/collect-analytics/share-analytics`, { method: 'post', body: JSON.stringify(body) }).then(res=>{ console.log('Send Successfully'); }) } catch(error){ console.log(`Error at Share Analytics: ${error}`); } } // Embed Analytics async function handleEmbedSnapshot(){ try{ let body ={ image: (imageType === "executive-summary") ? marketSnapshotUrl.split('/')[3]+'-executive-summary-snapshot' : marketSnapshotUrl.split('/')[3]+'-market-snapshot', imageUrl: marketSnapshotUrl, reportTitle: `${reportTitle}`, reportSlug: `${slug}`, reportUrl: `'${report_url}`, isMarketSnapshot: isMarketSnapshot, isExecutiveSummary: isExecutiveSummary, } fetch(`${backend_url}/api/collect-analytics/embed-analytics`, { method: 'post', body: JSON.stringify(body) }).then(res=>{ console.log('Send Successfully'); }) } catch(error){ console.log(`Error at Embed Snapshot Analytics: ${error}`); } } // Alter Image Url function alterImageUrl(imageUrl){ if(window.location.href?.includes('www.mordorintelligence')){ if(imageUrl?.includes('mordorlabs')){ imageUrl = imageUrl.replace('mordorlabs','mordorintelligence'); }else if(imageUrl?.includes('mordor-graph-bucket.s3.us-west-2.amazonaws')){ imageUrl = imageUrl.replace('mordor-graph-bucket.s3.us-west-2.amazonaws','s3.mordorintelligence'); } }else{ if(imageUrl?.includes('mordorintelligence')) { imageUrl = imageUrl.replace('mordorintelligence','mordorlabs'); }else if(imageUrl?.includes('mordor-graph-bucket.s3.us-west-2.amazonaws')){ imageUrl = imageUrl.replace('mordor-graph-bucket.s3.us-west-2.amazonaws','s3.mordorlabs'); } } return imageUrl + "?embed=true"; } }