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市场调查报告书
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润滑油市场 - 全球产业规模、份额、趋势、机会和预测，按组别、基础库存、产品类型、最终用户（按地区和竞争）细分，2019-2029F

Lubricants Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Group, By Base Stock, By Product Type, By End User By Region & Competition, 2019-2029F
出版日期: | 出版商: TechSci Research | 英文 189 Pages | 商品交期: 2-3个工作天内

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简介目录

2023年全球润滑油市场价值为1,231.0亿美元，预计2029年将达到1,539.4亿美元，到2029年的预测期内复合年增长率为3.63%。

市场概况
预测期 2026-2030
2023 年市场规模 1,231亿美元
2029 年市场规模 1539.4亿美元
2024-2029 年复合年增长率 3.63%
成长最快的细分市场 重型设备
最大的市场 亚太地区

润滑油市场涵盖涉及润滑油生产、分销和消费的行业，润滑油是用于减少机械部件之间摩擦和磨损的物质。润滑剂的来源多种多样，包括石油基材料、合成材料和生物基材料。它们在许多应用中都至关重要，包括汽车引擎、工业机械和消费品。

该市场的特点是产品种类繁多，例如引擎油、变速箱油和液压油，每种产品都是根据特定的操作需求量身定制的。润滑油市场受到技术进步、监管标准以及转向更永续和环保解决方案等因素的影响。

市场成长的主要驱动力包括汽车和工业领域对高性能润滑油的需求不断增长，以及旨在提高效率和延长设备使用寿命的润滑油配方创新。市场动态的区域差异是由当地工业活动、环境法规和经济状况所决定的。整体而言，润滑油市场对于维持各行业机械系统的功能和使用寿命至关重要。

主要市场驱动因素

润滑油配方的技术进步

汽车工业的成长

扩大工业活动

主要市场挑战

环境和监管挑战

原物料价格波动

主要市场趋势

环保和生物基润滑剂的兴起

越来越多地使用合成润滑油

汽车售后市场的成长

细分市场洞察

集团见解

区域洞察

目录

第 1 章：产品概述

第 2 章：研究方法

第 3 章：执行摘要

第 4 章：客户之声

第 5 章：全球润滑油市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按组别（第一组、第二组、第三组、第四组、第五组）
    • 依基础油分类（矿物油润滑油、合成润滑油、半合成润滑油、生物性润滑油）
    • 依产品类型（引擎油、变速箱油、液压油、金属加工液、一般工业油、齿轮油、润滑脂、製程油、其他）
    • 按最终用户（发电、汽车、重型设备、食品和饮料、冶金、化学製造、其他）
    • 按地区（亚太地区、北美、南美、中东和非洲、欧洲）
    • 按公司划分 (2023)
  • 市场地图

第 6 章：北美润滑油市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按组别
    • 按基础油分类
    • 依产品类型
    • 按最终用户
    • 按国家/地区
  • 北美：国家分析
    • 美国
    • 加拿大
    • 墨西哥

第 7 章：欧洲润滑油市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按组别
    • 按基础油分类
    • 依产品类型
    • 按最终用户
    • 按国家/地区
  • 欧洲：国家分析
    • 德国
    • 英国
    • 义大利
    • 法国
    • 西班牙

第 8 章：亚太地区润滑油市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按组别
    • 按基础油分类
    • 依产品类型
    • 按最终用户
    • 按国家/地区
  • 亚太地区：国家分析
    • 中国
    • 印度
    • 日本
    • 韩国
    • 澳洲

第 9 章：南美洲润滑油市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按组别
    • 按基础油分类
    • 依产品类型
    • 按最终用户
    • 按国家/地区
  • 南美洲：国家分析
    • 巴西
    • 阿根廷
    • 哥伦比亚

第 10 章：中东和非洲润滑油市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按组别
    • 按基础油分类
    • 依产品类型
    • 按最终用户
    • 按国家/地区
  • 中东和非洲：国家分析
    • 南非
    • 沙乌地阿拉伯
    • 阿联酋
    • 科威特
    • 土耳其

第 11 章：市场动态

  • 司机
  • 挑战

第 12 章：市场趋势与发展

第 13 章：公司简介

  • ExxonMobil Corporation
  • Shell Plc
  • TotalEnergies SE
  • Chevron Corporation
  • Castrol Limited
  • Petroleo Brasileiro SA
  • Cummins Inc.
  • Eni SpA
  • Idemitsu Kosan Co., Ltd.
  • Sasol Limited

第 14 章：策略建议

第15章调查会社について・免责事项

简介目录
Product Code: 24552

Global Lubricants Market was valued at USD 123.10 billion in 2023 and is expected to reach USD 153.94 billion in 2029 with a CAGR of 3.63% during the forecast period through 2029.

Market Overview
Forecast Period2026-2030
Market Size 2023USD 123.10 Billion
Market Size 2029USD 153.94 Billion
CAGR 2024-20293.63%
Fastest Growing SegmentHeavy Equipment
Largest MarketAsia Pacific

The lubricants market encompasses the industry involved in the production, distribution, and consumption of lubricants, which are substances used to reduce friction and wear between mechanical components. Lubricants can be derived from various sources, including petroleum-based, synthetic, and bio-based materials. They are essential in numerous applications, including automotive engines, industrial machinery, and consumer products.

This market is characterized by its diverse range of products, such as engine oils, transmission fluids, and hydraulic fluids, each tailored to specific operational needs. The lubricants market is influenced by factors such as technological advancements, regulatory standards, and shifts towards more sustainable and environmentally friendly solutions.

Key drivers of market growth include the increasing demand for high-performance lubricants in automotive and industrial sectors, along with innovations in lubricant formulations aimed at enhancing efficiency and extending equipment lifespan. Regional variations in market dynamics are shaped by local industrial activities, environmental regulations, and economic conditions. Overall, the lubricants market is integral to maintaining the functionality and longevity of mechanical systems across various industries.

Key Market Drivers

Technological Advancements in Lubricant Formulations

Technological advancements play a crucial role in driving the global lubricants market. Continuous research and development efforts have led to the creation of advanced lubricant formulations that offer superior performance and efficiency compared to traditional products. Modern lubricants are engineered to meet the increasing demands of high-performance engines and machinery, which require products that can withstand extreme temperatures, pressures, and operating conditions.

Synthetic lubricants, for instance, represent a significant technological advancement. Unlike conventional mineral oils, synthetic lubricants are designed at the molecular level to provide enhanced lubrication properties, such as better viscosity stability and improved thermal resistance. This results in reduced engine wear, better fuel efficiency, and longer oil change intervals. These benefits are particularly important in the automotive sector, where stringent emission standards and fuel efficiency regulations drive the demand for high-performance lubricants.

The development of bio-based and eco-friendly lubricants aligns with the growing emphasis on sustainability and environmental protection. These lubricants are derived from renewable resources and are designed to minimize environmental impact while delivering comparable or superior performance to traditional options. This shift not only meets regulatory requirements but also appeals to environmentally conscious consumers and businesses.

Technological advancements also include innovations in additive technologies. Additives enhance the performance characteristics of base oils, such as improving their lubricating properties, reducing friction, and preventing corrosion. The integration of advanced additives into lubricant formulations helps address specific challenges faced by modern machinery and engines, further driving market growth.

The continuous evolution of lubricant technologies ensures that products remain relevant and effective in meeting the needs of various industries. As technology continues to advance, the lubricants market is expected to experience sustained growth, driven by the demand for more efficient, durable, and environmentally friendly lubricant solutions.

Growth of the Automotive Industry

The growth of the automotive industry is a significant driver of the global lubricants market. As the number of vehicles on the road increases, so does the demand for lubricants used in automotive engines and other critical components. This growth is fueled by several factors, including rising disposable incomes, urbanization, and increasing global demand for transportation.

Automobiles require a range of lubricants, including engine oils, transmission fluids, and gear oils, to ensure optimal performance and longevity. Engine oils, in particular, are essential for reducing friction, preventing wear, and maintaining engine efficiency. With the proliferation of advanced engine technologies and the introduction of new vehicle models, there is a growing need for high-performance lubricants that can meet the demands of modern engines.

The rise in vehicle sales, particularly in emerging markets such as Asia-Pacific and Latin America, contributes significantly to the increased demand for automotive lubricants. These regions are experiencing rapid economic growth and infrastructure development, leading to higher vehicle ownership rates and, consequently, greater lubricant consumption.

Advancements in automotive technology, such as the development of electric and hybrid vehicles, are influencing the lubricants market. While electric vehicles require fewer lubricants compared to traditional internal combustion engines, there is still a need for specialized lubricants for electric drivetrains and battery cooling systems. This evolving market segment presents new opportunities for lubricant manufacturers to innovate and cater to the specific needs of electric and hybrid vehicles.

The automotive industry's emphasis on fuel efficiency, reduced emissions, and longer service intervals also drives the demand for advanced lubricants. As regulatory standards become more stringent, manufacturers are compelled to develop lubricants that meet higher performance criteria while contributing to overall vehicle efficiency.

The growth of the automotive industry, driven by increased vehicle ownership, technological advancements, and evolving market demands, is a key factor propelling the global lubricants market forward. As automotive trends continue to evolve, lubricant manufacturers must adapt to meet the changing needs of the industry.

Expansion of Industrial Activities

The expansion of industrial activities is a significant driver of the global lubricants market. Industrial machinery and equipment rely heavily on lubricants to ensure smooth operation, reduce wear and tear, and extend service life. As industrial sectors grow and diversify, so does the demand for a wide range of lubricants tailored to specific applications.

Several factors contribute to the expansion of industrial activities. Firstly, the ongoing industrialization in emerging economies such as China, India, and Southeast Asian countries is driving the need for lubricants. These regions are experiencing rapid economic development, increased manufacturing activities, and infrastructure projects, all of which require reliable lubrication solutions to maintain machinery performance and operational efficiency.

In addition to traditional manufacturing industries, the rise of advanced industries such as aerospace, defense, and renewable energy is further boosting lubricant demand. These sectors often require specialized lubricants that can withstand extreme conditions, high temperatures, and corrosive environments. For example, lubricants used in aerospace applications must meet stringent performance standards to ensure safety and reliability in flight.

The mining and construction industries also significantly contribute to the growth of the lubricants market. Heavy machinery used in mining and construction operations demands robust lubricants capable of enduring harsh operating conditions, including high loads, extreme temperatures, and exposure to contaminants. The demand for lubricants in these sectors is closely tied to the level of infrastructure development and resource extraction activities.

Technological advancements in industrial processes, such as automation and robotics, are influencing the lubricants market. As industries adopt more sophisticated machinery and automated systems, there is a need for high-performance lubricants that can optimize machinery operation and reduce maintenance requirements.

The expansion of industrial activities, driven by economic growth, infrastructure development, and technological advancements, is a key factor fueling the global lubricants market. As industries continue to evolve and expand, the demand for specialized and high-performance lubricants is expected to grow, presenting opportunities for manufacturers to innovate and address emerging market needs.

Key Market Challenges

Environmental and Regulatory Challenges

The global lubricants market faces significant environmental and regulatory challenges that impact product development, market dynamics, and operational practices. As environmental awareness grows and regulatory frameworks become more stringent, lubricant manufacturers must navigate a complex landscape of compliance and sustainability requirements.

One major challenge is adhering to increasingly strict environmental regulations. Governments and regulatory bodies worldwide are implementing policies aimed at reducing the environmental impact of lubricants. These regulations cover a broad range of aspects, including emissions, waste management, and the use of hazardous substances. For instance, the European Union's REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) and the U.S. Environmental Protection Agency's (EPA) regulations impose rigorous standards on chemical substances used in lubricants. Compliance with these regulations often requires significant investments in research, development, and testing to ensure products meet safety and environmental criteria.

The push towards more sustainable and eco-friendly lubricants adds another layer of complexity. Bio-based lubricants, derived from renewable resources, are gaining traction as a response to environmental concerns. However, developing and producing these alternatives can be challenging due to higher production costs and limited availability of raw materials. Furthermore, bio-based lubricants often face performance and stability challenges compared to traditional petroleum-based products. Manufacturers must balance environmental benefits with performance requirements, which can be a significant hurdle.

The disposal and recycling of used lubricants pose environmental challenges. Improper disposal of used lubricants can lead to soil and water contamination, which has prompted regulatory bodies to enforce stricter waste management practices. Companies are required to implement effective recycling programs and waste disposal strategies, which can increase operational costs and complexity.

In response to these challenges, the lubricants industry is investing in innovation to develop more sustainable products and processes. This includes advancements in additive technologies, biodegradable formulations, and improved recycling methods. However, navigating the evolving regulatory landscape and meeting environmental expectations remains a significant challenge for the global lubricants market, impacting both product development and market competitiveness.

Fluctuating Raw Material Prices

Fluctuating raw material prices represent a major challenge for the global lubricants market, impacting production costs, pricing strategies, and overall market stability. Lubricants are primarily derived from petroleum-based products, but there is also an increasing use of synthetic and bio-based materials, each subject to its own market dynamics.

The prices of petroleum-based raw materials, such as crude oil and its derivatives, are highly volatile and influenced by a range of factors, including geopolitical events, supply and demand imbalances, and fluctuations in global oil markets. For instance, geopolitical tensions in major oil-producing regions or changes in production levels by key players like OPEC can lead to significant swings in crude oil prices. These fluctuations directly affect the cost of petroleum-based base oils used in lubricants, leading to unpredictable production costs for manufacturers.

In addition to crude oil price volatility, the prices of other key raw materials, such as additives and chemical compounds used in lubricant formulations, can also fluctuate due to market demand and supply conditions. For example, the cost of additives may rise due to shortages or increased demand in other industries, impacting the overall cost structure of lubricant products.

The volatility in raw material prices poses several challenges for lubricant manufacturers. First, it affects the pricing strategy of lubricants, as companies must adjust their prices to reflect changes in production costs. This can impact market competitiveness, especially in price-sensitive segments. Second, fluctuating raw material prices create uncertainty in long-term planning and budgeting, making it challenging for manufacturers to maintain stable profit margins and investment strategies.

To mitigate the impact of raw material price fluctuations, manufacturers may employ various strategies, such as securing long-term supply contracts, investing in alternative raw materials, and optimizing production processes to reduce dependency on volatile inputs. Additionally, advancements in synthetic and bio-based lubricants offer potential solutions to reduce reliance on traditional petroleum-based raw materials. However, managing the complexities associated with raw material price fluctuations remains a significant challenge for the global lubricants market, influencing operational efficiency and market stability.

Key Market Trends

Rise of Eco-Friendly and Bio-Based Lubricants

One of the most significant trends in the global lubricants market is the increasing demand for eco-friendly and bio-based lubricants. As environmental awareness grows and regulatory pressures mount, both consumers and businesses are seeking sustainable alternatives to traditional petroleum-based lubricants.

Bio-based lubricants, derived from renewable resources such as vegetable oils and animal fats, are gaining traction due to their lower environmental impact. These lubricants offer several advantages, including biodegradability, reduced toxicity, and lower carbon footprint compared to conventional lubricants. The growing emphasis on sustainability and corporate social responsibility is driving the adoption of these products across various industries, including automotive, industrial, and marine sectors.

Regulatory frameworks are also pushing for greener lubricant solutions. Governments around the world are implementing stricter environmental regulations and promoting initiatives that encourage the use of sustainable products. For instance, the European Union's Ecolabel and the U.S. Environmental Protection Agency's (EPA) Design for the Environment (DfE) program highlight and certify environmentally friendly lubricants, influencing market trends and consumer preferences.

Despite the benefits, the adoption of bio-based lubricants faces challenges. These include higher production costs, limited raw material availability, and performance concerns compared to traditional petroleum-based lubricants. Manufacturers are investing in research and development to address these issues and improve the performance and cost-effectiveness of bio-based lubricants.

The shift towards eco-friendly and bio-based lubricants reflects a broader trend towards sustainability in the global lubricants market. As environmental regulations become more stringent and consumer preferences evolve, the demand for these innovative products is expected to continue growing, driving the market towards greener solutions.

Increasing Use of Synthetic Lubricants

The increasing use of synthetic lubricants is another prominent trend in the global lubricants market. Synthetic lubricants, which are chemically engineered to provide superior performance compared to conventional mineral oils, are gaining popularity across various applications due to their enhanced properties and benefits.

Synthetic lubricants are formulated to offer better viscosity stability, thermal resistance, and reduced friction compared to traditional lubricants. This results in improved performance and efficiency, making them particularly suitable for high-performance engines and machinery that operate under extreme conditions. For example, in the automotive industry, synthetic engine oils help enhance fuel efficiency, reduce engine wear, and extend oil change intervals, aligning with stringent emission standards and performance requirements.

The growing trend towards synthetic lubricants is also driven by advancements in technology and increased availability of synthetic base stocks. Innovations in additive technologies have further enhanced the performance characteristics of synthetic lubricants, making them a preferred choice for demanding applications.

In addition to automotive applications, synthetic lubricants are increasingly used in industrial sectors, including aerospace, marine, and manufacturing. These lubricants offer superior protection and performance in high-temperature and high-pressure environments, contributing to their growing adoption.

While synthetic lubricants offer numerous advantages, they also come with higher costs compared to conventional lubricants. This price differential can be a barrier for some consumers, particularly in cost-sensitive markets. However, the long-term benefits of synthetic lubricants, such as extended equipment life and reduced maintenance, often outweigh the initial cost, driving their adoption.

The increasing use of synthetic lubricants reflects a trend towards higher performance and efficiency in the global lubricants market. As technology continues to advance and the demand for high-performance solutions grows, synthetic lubricants are expected to play an increasingly important role across various industries.

Growth of the Automotive Aftermarket

The growth of the automotive aftermarket is a significant trend influencing the global lubricants market. The automotive aftermarket, which includes the supply and distribution of replacement parts, accessories, and services, is experiencing robust growth driven by increasing vehicle ownership, longer vehicle lifecycles, and rising demand for maintenance and repair services.

Lubricants play a crucial role in the automotive aftermarket, as they are essential for vehicle maintenance and repair. Engine oils, transmission fluids, and other automotive lubricants are in constant demand to ensure the proper functioning and longevity of vehicles. As the number of vehicles on the road continues to rise, so does the need for aftermarket lubricants.

Several factors contribute to the growth of the automotive aftermarket. Firstly, the increasing average age of vehicles on the road leads to higher maintenance and repair needs. Older vehicles require more frequent oil changes and fluid replacements, driving demand for automotive lubricants. Secondly, the growing trend towards vehicle customization and performance enhancement drives the need for specialized lubricants that meet specific performance criteria.

The rise in vehicle ownership in emerging markets, such as Asia-Pacific and Latin America, is contributing to the expansion of the automotive aftermarket. These regions are experiencing rapid economic growth and increased disposable incomes, leading to higher vehicle sales and a growing aftermarket for maintenance products.

The automotive aftermarket is also benefiting from the expansion of online retail and e-commerce platforms. Consumers can now easily access and purchase lubricants and other automotive products through online channels, increasing market reach and convenience.

The growth of the automotive aftermarket is a key trend in the global lubricants market, driven by rising vehicle ownership, longer vehicle lifecycles, and increasing maintenance needs. As the aftermarket continues to expand, the demand for automotive lubricants is expected to remain strong, presenting opportunities for manufacturers and distributors in the industry.

Segmental Insights

Group Insights

The Group I segment held the largest Market share in 2023. Group I base oils have historically dominated the global lubricants market due to their cost-effectiveness and widespread availability. Group I base oils are produced through solvent refining processes, which are relatively less complex and more economical compared to other refining methods. This affordability made Group I base oils a popular choice for a wide range of applications, particularly in the automotive and industrial sectors where cost considerations are significant.

Group I base oils typically exhibit adequate performance characteristics for many conventional lubricant applications, including good lubricating properties, moderate stability, and acceptable levels of impurities. Their versatility and broad application range contributed to their dominance in the market. Additionally, the infrastructure and technology for producing Group I base oils were well-established, further reinforcing their widespread use.

Another factor contributing to the dominance of Group I base oils was the relatively lower performance requirements and regulatory standards in previous decades. As lubricant specifications and regulations have evolved, there was less pressure on the performance and environmental characteristics of base oils, making Group I oils sufficient for many applications.

As the global lubricants market has evolved, there has been a significant shift towards higher-quality base oils, particularly Group II and Group III. This change is driven by stricter performance standards, environmental regulations, and increasing consumer and industry demands for higher-performance and more environmentally friendly lubricants. Group II and Group III base oils offer improved stability, lower volatility, and better overall performance compared to Group I base oils.

Despite this shift, Group I base oils continue to hold a notable share of the market due to their cost advantages and suitability for less demanding applications. They remain a viable option for applications where the performance benefits of higher-grade base oils are not critical.

Regional Insights

Asia-Pacific region held the largest market share in 2023. Asia-Pacific, particularly countries like China and India, has experienced significant economic growth and industrialization over the past few decades. This economic expansion has led to increased manufacturing activities and infrastructure development, both of which drive substantial demand for lubricants. Industrial machinery, automotive engines, and other equipment require lubricants to maintain operational efficiency and longevity.

The region is witnessing a surge in vehicle ownership, driven by rising disposable incomes and urbanization. As more people in Asia-Pacific acquire vehicles, there is a corresponding increase in the demand for automotive lubricants, including engine oils, transmission fluids, and gear oils. This growth is particularly evident in emerging markets where vehicle sales are growing rapidly.

The automotive aftermarket in Asia-Pacific is growing due to the increasing average age of vehicles and the rising demand for maintenance and repair services. As vehicles age, they require more frequent lubrication and servicing, boosting demand for automotive lubricants. Additionally, the growth of the aftermarket sector is supported by expanding distribution networks and increased availability of lubricant products.

Asia-Pacific is a major hub for lubricant manufacturing, with numerous global and regional players establishing production facilities in the region. The presence of advanced manufacturing infrastructure and cost-effective production capabilities allows for competitive pricing and better market penetration.

The region is adapting to global regulatory standards and trends, including the shift towards more environmentally friendly and high-performance lubricants. This adaptation supports market growth and aligns with international trends, contributing to the dominance of Asia-Pacific in the global lubricants market.

Key Market Players

ExxonMobil Corporation

Shell Plc

TotalEnergies SE

Chevron Corporation

Castrol Limited

Petroleo Brasileiro S.A.

Cummins Inc.

Eni S.p.A

Idemitsu Kosan Co., Ltd.

Sasol Limited

Report Scope:

In this report, the Global Lubricants Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Lubricants Market, By Group:

    Group I Group II Group III Group IV Group V

Lubricants Market, By Base Stock:

    Mineral Oil Lubricants Synthetic Lubricants Semi-Synthetic Lubricants Bio-Based Lubricants

Lubricants Market, By Product Type:

    Engine Oil Transmission Hydraulic Fluid Metalworking Fluid General Industrial Oil Gear Oil Grease Process Oil Others

Lubricants Market, By End User:

    Power Generation Automotive Heavy Equipment Food & Beverage Metallurgy Chemical Manufacturing Others

Lubricants Market, By Region:

    North America
    • United States
    • Canada
    • Mexico
    Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
    Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    South America
    • Brazil
    • Argentina
    • Colombia
    Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait
    • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Lubricants Market.

Available Customizations:

Global Lubricants Market report with the given Market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional Market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
    • 1.2.1. Markets Covered
    • 1.2.2. Years Considered for Study
  • 1.3. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Formulation of the Scope
  • 2.4. Assumptions and Limitations
  • 2.5. Sources of Research
    • 2.5.1. Secondary Research
    • 2.5.2. Primary Research
  • 2.6. Approach for the Market Study
    • 2.6.1. The Bottom-Up Approach
    • 2.6.2. The Top-Down Approach
  • 2.7. Methodology Followed for Calculation of Market Size & Market Shares
  • 2.8. Forecasting Methodology
    • 2.8.1. Data Triangulation & Validation

3. Executive Summary

4. Voice of Customer

5. Global Lubricants Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Group (Group I, Group II, Group III, Group IV, Group V)
    • 5.2.2. By Base Stock (Mineral Oil Lubricants, Synthetic Lubricants, Semi-Synthetic Lubricants, Bio-Based Lubricants)
    • 5.2.3. By Product Type (Engine Oil, Transmission, Hydraulic Fluid, Metalworking Fluid, General Industrial Oil, Gear Oil, Grease, Process Oil, Others)
    • 5.2.4. By End User (Power Generation, Automotive, Heavy Equipment, Food & Beverage, Metallurgy, Chemical Manufacturing, Others)
    • 5.2.5. By Region (Asia Pacific, North America, South America, Middle East &Africa, Europe)
    • 5.2.6. By Company (2023)
  • 5.3. Market Map

6. North America Lubricants Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Group
    • 6.2.2. By Base Stock
    • 6.2.3. By Product Type
    • 6.2.4. By End User
    • 6.2.5. By Country
  • 6.3. North America: Country Analysis
    • 6.3.1. United States Lubricants Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Group
        • 6.3.1.2.2. By Base Stock
        • 6.3.1.2.3. By Product Type
        • 6.3.1.2.4. By End User
    • 6.3.2. Canada Lubricants Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Group
        • 6.3.2.2.2. By Base Stock
        • 6.3.2.2.3. By Product Type
        • 6.3.2.2.4. By End User
    • 6.3.3. Mexico Lubricants Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Group
        • 6.3.3.2.2. By Base Stock
        • 6.3.3.2.3. By Product Type
        • 6.3.3.2.4. By End User

7. Europe Lubricants Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Group
    • 7.2.2. By Base Stock
    • 7.2.3. By Product Type
    • 7.2.4. By End User
    • 7.2.5. By Country
  • 7.3. Europe: Country Analysis
    • 7.3.1. Germany Lubricants Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Group
        • 7.3.1.2.2. By Base Stock
        • 7.3.1.2.3. By Product Type
        • 7.3.1.2.4. By End User
    • 7.3.2. United Kingdom Lubricants Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Group
        • 7.3.2.2.2. By Base Stock
        • 7.3.2.2.3. By Product Type
        • 7.3.2.2.4. By End User
    • 7.3.3. Italy Lubricants Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Group
        • 7.3.3.2.2. By Base Stock
        • 7.3.3.2.3. By Product Type
        • 7.3.3.2.4. By End User
    • 7.3.4. France Lubricants Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Group
        • 7.3.4.2.2. By Base Stock
        • 7.3.4.2.3. By Product Type
        • 7.3.4.2.4. By End User
    • 7.3.5. Spain Lubricants Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Group
        • 7.3.5.2.2. By Base Stock
        • 7.3.5.2.3. By Product Type
        • 7.3.5.2.4. By End User

8. Asia-Pacific Lubricants Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Group
    • 8.2.2. By Base Stock
    • 8.2.3. By Product Type
    • 8.2.4. By End User
    • 8.2.5. By Country
  • 8.3. Asia-Pacific: Country Analysis
    • 8.3.1. China Lubricants Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Group
        • 8.3.1.2.2. By Base Stock
        • 8.3.1.2.3. By Product Type
        • 8.3.1.2.4. By End User
    • 8.3.2. India Lubricants Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Group
        • 8.3.2.2.2. By Base Stock
        • 8.3.2.2.3. By Product Type
        • 8.3.2.2.4. By End User
    • 8.3.3. Japan Lubricants Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Group
        • 8.3.3.2.2. By Base Stock
        • 8.3.3.2.3. By Product Type
        • 8.3.3.2.4. By End User
    • 8.3.4. South Korea Lubricants Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Group
        • 8.3.4.2.2. By Base Stock
        • 8.3.4.2.3. By Product Type
        • 8.3.4.2.4. By End User
    • 8.3.5. Australia Lubricants Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Group
        • 8.3.5.2.2. By Base Stock
        • 8.3.5.2.3. By Product Type
        • 8.3.5.2.4. By End User

9. South America Lubricants Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Group
    • 9.2.2. By Base Stock
    • 9.2.3. By Product Type
    • 9.2.4. By End User
    • 9.2.5. By Country
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Lubricants Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Group
        • 9.3.1.2.2. By Base Stock
        • 9.3.1.2.3. By Product Type
        • 9.3.1.2.4. By End User
    • 9.3.2. Argentina Lubricants Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Group
        • 9.3.2.2.2. By Base Stock
        • 9.3.2.2.3. By Product Type
        • 9.3.2.2.4. By End User
    • 9.3.3. Colombia Lubricants Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Group
        • 9.3.3.2.2. By Base Stock
        • 9.3.3.2.3. By Product Type
        • 9.3.3.2.4. By End User

10. Middle East and Africa Lubricants Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Group
    • 10.2.2. By Base Stock
    • 10.2.3. By Product Type
    • 10.2.4. By End User
    • 10.2.5. By Country
  • 10.3. Middle East and Africa: Country Analysis
    • 10.3.1. South Africa Lubricants Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Group
        • 10.3.1.2.2. By Base Stock
        • 10.3.1.2.3. By Product Type
        • 10.3.1.2.4. By End User
    • 10.3.2. Saudi Arabia Lubricants Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Group
        • 10.3.2.2.2. By Base Stock
        • 10.3.2.2.3. By Product Type
        • 10.3.2.2.4. By End User
    • 10.3.3. UAE Lubricants Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Group
        • 10.3.3.2.2. By Base Stock
        • 10.3.3.2.3. By Product Type
        • 10.3.3.2.4. By End User
    • 10.3.4. Kuwait Lubricants Market Outlook
      • 10.3.4.1. Market Size & Forecast
        • 10.3.4.1.1. By Value
      • 10.3.4.2. Market Share & Forecast
        • 10.3.4.2.1. By Group
        • 10.3.4.2.2. By Base Stock
        • 10.3.4.2.3. By Product Type
        • 10.3.4.2.4. By End User
    • 10.3.5. Turkey Lubricants Market Outlook
      • 10.3.5.1. Market Size & Forecast
        • 10.3.5.1.1. By Value
      • 10.3.5.2. Market Share & Forecast
        • 10.3.5.2.1. By Group
        • 10.3.5.2.2. By Base Stock
        • 10.3.5.2.3. By Product Type
        • 10.3.5.2.4. By End User

11. Market Dynamics

  • 11.1. Drivers
  • 11.2. Challenges

12. Market Trends & Developments

13. Company Profiles

  • 13.1. ExxonMobil Corporation
    • 13.1.1. Business Overview
    • 13.1.2. Key Revenue and Financials
    • 13.1.3. Recent Developments
    • 13.1.4. Key Personnel/Key Contact Person
    • 13.1.5. Key Product/Services Offered
  • 13.2. Shell Plc
    • 13.2.1. Business Overview
    • 13.2.2. Key Revenue and Financials
    • 13.2.3. Recent Developments
    • 13.2.4. Key Personnel/Key Contact Person
    • 13.2.5. Key Product/Services Offered
  • 13.3. TotalEnergies SE
    • 13.3.1. Business Overview
    • 13.3.2. Key Revenue and Financials
    • 13.3.3. Recent Developments
    • 13.3.4. Key Personnel/Key Contact Person
    • 13.3.5. Key Product/Services Offered
  • 13.4. Chevron Corporation
    • 13.4.1. Business Overview
    • 13.4.2. Key Revenue and Financials
    • 13.4.3. Recent Developments
    • 13.4.4. Key Personnel/Key Contact Person
    • 13.4.5. Key Product/Services Offered
  • 13.5. Castrol Limited
    • 13.5.1. Business Overview
    • 13.5.2. Key Revenue and Financials
    • 13.5.3. Recent Developments
    • 13.5.4. Key Personnel/Key Contact Person
    • 13.5.5. Key Product/Services Offered
  • 13.6. Petroleo Brasileiro S.A.
    • 13.6.1. Business Overview
    • 13.6.2. Key Revenue and Financials
    • 13.6.3. Recent Developments
    • 13.6.4. Key Personnel/Key Contact Person
    • 13.6.5. Key Product/Services Offered
  • 13.7. Cummins Inc.
    • 13.7.1. Business Overview
    • 13.7.2. Key Revenue and Financials
    • 13.7.3. Recent Developments
    • 13.7.4. Key Personnel/Key Contact Person
    • 13.7.5. Key Product/Services Offered
  • 13.8. Eni S.p.A
    • 13.8.1. Business Overview
    • 13.8.2. Key Revenue and Financials
    • 13.8.3. Recent Developments
    • 13.8.4. Key Personnel/Key Contact Person
    • 13.8.5. Key Product/Services Offered
  • 13.9. Idemitsu Kosan Co., Ltd.
    • 13.9.1. Business Overview
    • 13.9.2. Key Revenue and Financials
    • 13.9.3. Recent Developments
    • 13.9.4. Key Personnel/Key Contact Person
    • 13.9.5. Key Product/Services Offered
  • 13.10. Sasol Limited
    • 13.10.1. Business Overview
    • 13.10.2. Key Revenue and Financials
    • 13.10.3. Recent Developments
    • 13.10.4. Key Personnel/Key Contact Person
    • 13.10.5. Key Product/Services Offered

14. Strategic Recommendations

15. About Us & Disclaimer