China Food Grade Lubricants Market Size & Outlook, 2025-2030
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China food grade lubricants market highlights
- The China food grade lubricants market generated a revenue of USD 29.7 million in 2024 and is expected to reach USD 57.7 million by 2030.
- The China market is expected to grow at a CAGR of 11.9% from 2025 to 2030.
- In terms of segment, mineral was the largest revenue generating product in 2024.
- Bio-Based is the most lucrative product segment registering the fastest growth during the forecast period.
Food grade lubricants market data book summary
| Market revenue in 2024 | USD 29.7 million |
| Market revenue in 2030 | USD 57.7 million |
| Growth rate | 11.9% (CAGR from 2025 to 2030) |
| Largest segment | Mineral |
| Fastest growing segment | Bio-Based |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mineral, Synthetic, Bio-Based |
| Key market players worldwide | Exxon Mobil Corp, CITGO Petroleum Corporation, Fuchs SE ADR (Representing Pref. Shares), TotalEnergies SE, Suncor Energy Inc, Kluber Lubrication Munchen SE & Co. KG, SKF AB ADR, Lanxess AG, JAX INC., Shell PLC, Chevron Corp, Clearco Products, Condat, Dow Inc, Elba Lubrication, Matrix, The Chemours Company, The Lubrizol Corp |
Other key industry trends
- In terms of revenue, China accounted for 6.6% of the global food grade lubricants market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China food grade lubricants market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 57.7 million by 2030.
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Food Grade Lubricants Market Scope
Food Grade Lubricants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Elba Lubrication | View profile | 11-50 | Flushing, New York, United States, North America | https://elba-lubes.com |
| Clearco Products | View profile | 11-50 | Willow Grove, Pennsylvania, United States, North America | https://www.clearcoproducts.com |
| Condat | View profile | 251-500 | Berlin, Berlin, Germany, Europe | http://www.condat.de/ |
| JAX INC. | View profile | 101-250 | Menomonee Falls, Wisconsin, United States, North America | http://jax.com |
| The Chemours Company | View profile | 5001-10000 | Wilmington, Delaware, United States, North America | https://www.chemours.com |
| CITGO Petroleum Corporation | View profile | 1001-5000 | Houston, Texas, United States, North America | https://www.citgo.com/Home.jsp |
| Matrix | View profile | 11-50 | London, England, United Kingdom, Europe | http://www.matrix.org |
| Kluber Lubrication Munchen SE & Co. KG | View profile | 1001-5000 | Munich, Bayern, Germany, Europe | https://www.klueber.com/ |
| Suncor Energy Inc | View profile | 14906 | 150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, Canada, T2P 3E3 | https://www.suncor.com |
| SKF AB ADR | View profile | 40051 | Sven Wingquists Gata 2, Gothenburg, Sweden, SE-415 50 | https://www.skf.com |
| Fuchs SE ADR (Representing Pref. Shares) | View profile | 6338 | Einsteinstraße 11, Mannheim, Germany, 68169 | https://www.fuchs.com |
| Lanxess AG | View profile | 12621 | Kennedyplatz 1, Cologne, Germany, 50569 | https://www.lanxess.com |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| The Lubrizol Corp | View profile | 5001-10000 | Wickliffe, Ohio, United States, North America | http://www.lubrizol.com/ |
| TotalEnergies SE | View profile | 100000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | https://www.totalenergies.com |
| Chevron Corp | View profile | 45600 | 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 | https://www.chevron.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
China food grade lubricants 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 food grade lubricants market will help companies and investors design strategic landscapes.
Mineral was the largest segment with a revenue share of 68.69% in 2024. Horizon Databook has segmented the China food grade lubricants market based on mineral, synthetic, bio-based covering the revenue growth of each sub-segment from 2018 to 2030.
China is expected to dominate the Asia Pacific synthetic & bio-based lubricants market from 2017 to 2027. Favorable policies from China government along with the increasing focus on environmental concerns are expected to propel the demand for synthetic lubricants. Bio-based lubricants market in China is mainly driven by product innovation and introduction of high-performance products. The government strategies aimed at increasing the usage are also expected to boost the consumption of bio-based lubricants.
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Horizon Databook provides a detailed overview of country-level data and insights on the China food grade lubricants market , including forecasts for subscribers. This country databook contains high-level insights into China food grade lubricants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China food grade lubricants market size, by application, 2018-2030 (US$M)
China Food Grade Lubricants Market Outlook Share, 2024 & 2030 (US$M)
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