Global Industrial Lubricants Market Size & Outlook
Global industrial lubricants market, 2018-2030 (US$M)
Related Markets
Global industrial lubricants market highlights
- The global industrial lubricants market generated a revenue of USD 53,172.3 million in 2022 and is expected to reach USD 72,080.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.9% by 2030.
- In terms of segment, process oils accounted for a revenue of USD 17,089.2 million in 2022.
- Industrial 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 2022.
- Country-wise, Angola is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 53,172.3 million |
| Market revenue in 2030 | USD 72,080.6 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Process oils |
| Fastest growing segment | Industrial Engine Oils |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Process Oils, General Industrial Oils, Metalworking Fluids, Industrial Engine Oils, Greases |
Other key industry trends
- In terms of revenue, the North America accounted for 17.5% of the global industrial lubricants market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Angola is the fastest growing regional market and is projected to reach USD 108.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Industrial Lubricants Market Scope
Industrial Lubricants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Blaser Swisslube | View profile | 501-1000 | Gurgaon, Haryana, India, Asia | https://blaser.com |
| Kluber Lubrication Munchen SE & Co. KG | View profile | 1001-5000 | Munich, Bayern, Germany, Europe | https://www.klueber.com/ |
| Bel-Ray Company | View profile | 51-100 | Farmingdale, New Jersey, United States, North America | https://www.belray.com |
| AMSOIL | View profile | 251-500 | Superior, Wisconsin, United States, North America | http://amsoil.com |
| Lucas Oil | View profile | 11-50 | Llangefni, Isle of Anglesey, United Kingdom, Europe | https://www.lucasoil.co.uk |
| Yushiro Chemical Industry | View profile | 251-500 | Tokyo, Tokyo, Japan, Asia | https://www.yushiro.co.jp/ |
| Phillips 66 | View profile | 14000 | 2331 CityWest Boulevard, Houston, TX, United States, 77042 | https://www.phillips66.com |
| Idemitsu Kosan Co Ltd | View profile | 19227 | 1-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8321 | http://www.idemitsu.co.jp |
| Calumet Specialty Products Partners LP | View profile | 1580 | 2780 Waterfront Parkway East Drive, Suite 200, Indianapolis, IN, United States, 46214 | https://www.calumetspecialty.com |
| Valvoline Inc | View profile | 9600 | 100 Valvoline Way, Suite 100, Lexington, KY, United States, 40509 | https://www.valvoline.com |
| BP Castrol KK | View profile | 107 | 1-11-2 Osaki Shinagawa-ku, Gate City Osaki, East Tower 20F, Tokyo, Japan, 141-0032 | http://www.bpcastrol.com |
| Petronas Chemicals Group Bhd | View profile | 6465 | Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, Malaysia, 50088 | https://www.petronas.com |
| Fuchs SE ADR (Representing Pref. Shares) | View profile | 6338 | Einsteinstraße 11, Mannheim, Germany, 68169 | https://www.fuchs.com |
| Quaker Houghton | View profile | 4400 | 901 East Hector Street, Conshohocken, PA, United States, 19428-2380 | https://www.quakerhoughton.com |
| Clariant AG | View profile | 10481 | Rothausstrasse 61, Muttenz, Switzerland, 4132 | http://www.clariant.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/ |
| 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 |
Global industrial 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 industrial lubricants market will help companies and investors design strategic landscapes.
Process oils was the largest segment with a revenue share of 32.14% in 2022. Horizon Databook has segmented the Global industrial lubricants market based on process oils, general industrial oils, metalworking fluids, industrial engine oils, greases covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Industrial Lubricants Product Outlook (Revenue, USD Million, 2018-2030)
- Gas turbine oils
- Piston engine oils
- Hydraulic fluids
- Others
- Process Oils
- General Industrial Oils
- Metalworking Fluids
- Industrial Engine Oils
- Greases
- Engine oil
- Hydraulic oil
- Gear oil
- Turbine oil
- Transmission Fluids
- Brake Fluids
- Coolants
Reasons to subscribe to Global industrial lubricants market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global industrial lubricants market databook
-
Our clientele includes a mix of industrial lubricants market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global industrial lubricants market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial lubricants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global industrial lubricants market size, by region, 2018-2030 (US$M)
Top 10 countries: Industrial lubricants market size, 2022 (US$M)
Global industrial lubricants market share, by product, 2022 & 2030 (%, US$M)
Industrial lubricants market: Opportunity assessment by country
Global industrial lubricants market, by region, 2022 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
