Global Aerospace Lubricant Market Size & Outlook, 2024-2030
Global aerospace lubricant market, 2018-2030 (US$M)
Related Markets
Global aerospace lubricant market highlights
- The global aerospace lubricant market generated a revenue of USD 2,130.8 million in 2023 and is expected to reach USD 2,989.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5% by 2030.
- In terms of segment, gas turbine oils accounted for a revenue of USD 1,010.3 million in 2023.
- Piston engine oils is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,130.8 million |
| Market revenue in 2030 | USD 2,989.0 million |
| Growth rate | 5% (CAGR from 2024 to 2030) |
| Largest segment | Gas turbine oils |
| Fastest growing segment | Piston engine oils |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gas turbine oils, Piston engine oils, Hydraulic fluids |
Other key industry trends
- In terms of revenue, the North America accounted for 23.5% of the global aerospace lubricant market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 69.9 million by 2030.
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Aerospace Lubricant Market Scope
Aerospace Lubricant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Chevron | View profile | 10001+ | San Ramon, California, United States, North America | http://www.chevron.com |
| Santies Wholesale Oil Company | View profile | 51-100 | Sikeston, Missouri, United States, North America | https://santiemidwest.com/ |
| Nye Lubricants | View profile | 101-250 | Fairhaven, Massachusetts, United States, North America | http://nyelubricants.com |
| Castrol | View profile | 5001-10000 | Sunbury-on-thames, Surrey, United Kingdom, Europe | https://www.castrol.com |
| Aerospace Lubricants | View profile | 11-50 | Columbus, Ohio, United States, North America | https://www.aerospacelubricants.com |
| IKV Group | View profile | 11-50 | Raglan, Monmouthshire, United Kingdom, Europe | https://ikvlubricants.com |
| Idemitsu Kosan Co Ltd | View profile | 19227 | 1-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8321 | http://www.idemitsu.co.jp |
| Fuchs SE ADR (Representing Pref. Shares) | View profile | 6338 | Einsteinstraße 11, Mannheim, Germany, 68169 | https://www.fuchs.com |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| Eastman Chemical Co | View profile | 14000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | https://www.eastman.com |
Global aerospace lubricant market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace lubricant market will help companies and investors design strategic landscapes.
Gas turbine oils was the largest segment with a revenue share of 47.41% in 2023. Horizon Databook has segmented the Global aerospace lubricant market based on gas turbine oils, piston engine oils, hydraulic fluids covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Aerospace Lubricant Product Outlook (Revenue, USD Million, 2018-2030)
- Gas turbine oils
- Piston engine oils
- Hydraulic fluids
- Others
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Target buyers of Global aerospace lubricant market databook
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Our clientele includes a mix of aerospace lubricant market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global aerospace lubricant market , including forecasts for subscribers. This global databook contains high-level insights into Global aerospace lubricant market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global aerospace lubricant market size, by regions, 2018-2030 (US$M)
Top 10 countries: Aerospace lubricant market size, 2023 (US$M)
Global aerospace lubricant market share, by product, 2023 & 2030 (%, US$M)
Aerospace lubricant market: Opportunity assessment by country
Global aerospace lubricant market, by region, 2023 (US$M)
Related statistics
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