U.S. Lubricants Market (2025 - 2033) Size, Share & Trends Analysis Report By Application (Industrial, Automotive, Marine, Aerospace), By Base Oil, And Segment Forecasts

U.S. Lubricants Market Size & Trends

The U.S. lubricants market size was valued at USD 41.71 billion in 2024 and is anticipated to grow at a CAGR of 2.4% from 2025 to 2033. The automotive sector remains the largest contributor to the market growth, driven by the increasing production and sales of vehicles. The growing popularity of EV technology in the country has led to a surge in demand for specialized lubricants designed to enhance performance and efficiency in these vehicles.

Technological advancements in lubricant formulations are expected to play a crucial role in market growth over the coming years. Manufacturers are focusing on the development of high-performance synthetic oils that offer superior thermal stability and reduced friction compared to traditional mineral oils. This trend is represented by companies launching new lines of lubricants specifically tailored for modern engines, indicating a practical response to changing industry demands. Urbanization and industrialization have increased the demand for lubricants across various sectors, including manufacturing and construction.

Market players in the U.S. are increasingly investing in research and development to create innovative lubricant formulations with better performance characteristics, such as enhanced fuel efficiency, reduced friction, and longer service intervals. For instance, TotalEnergies introduced new lubricant lines designed specifically for electric vehicles in November 2022, showcasing how companies adapt their products to meet evolving consumer needs and regulatory standards. These innovations improve operational efficiency and align with sustainability goals by reducing environmental impact.

Application Insights

The automotive segment dominated the market with the largest revenue share of 47.6% in 2024, driven by increasing production and sales of vehicles, particularly electric vehicles (EVs), which surged the demand for high-performance lubricants that enhance efficiency and longevity. The adoption of synthetic lubricants for EV drivetrains has also witnessed growth, reflecting a rise in consumer demand for products that offer better thermal stability and ensure longer service intervals. In addition, government initiatives directed toward emission control and fuel efficiency have also encouraged manufacturers to innovate and develop advanced lubricant formulations. For instance, the U.S. EPA’s Vessel General Permit mandates the use of non-bio accumulative Environmentally Acceptable Lubricants (EALs), which are biodegradable and minimally toxic, in marine applications to reduce their environmental impact.

The aerospace segment is expected to grow at the fastest CAGR over the forecast period, which can be attributed to the increasing demand for air travel, leading to a rise in aircraft orders and fleet expansions by airlines. For instance, according to an article published by the Economic Times in July 2023, Air India ordered 800 LEAP engines to power its expanding fleet. In addition, advancements in aircraft technology require high-performance lubricants that can withstand extreme conditions, further boosting the demand for specialized aerospace lubricants.

Base Oil Insights

The Group 1 segment led the lubricants market in 2024, capturing the largest revenue share of 29.6%, primarily due to its widespread adoption across automotive and industrial applications. These mineral-based lubricants are cost-effective, easily available, and compatible with a variety of engine and machinery types, making them the preferred choice for conventional systems. Additionally, their established supply chains and proven reliability in performance have reinforced their market dominance, particularly in regions with mature automotive and manufacturing industries.

The Bio-Based Base Oil segment is projected to experience the fastest growth, with a CAGR of 3.2% between 2025 and 2033, driven by increasing environmental awareness and regulatory pressures to reduce carbon emissions. These eco-friendly lubricants offer superior biodegradability and lower toxicity compared to traditional mineral oils, appealing to sustainable industries and green technology initiatives. Rising demand from sectors such as automotive, industrial machinery, and renewable energy further fuels this expansion, highlighting a shift toward more sustainable lubrication solutions.

Key U.S. Lubricants Company Insights

The U.S. lubricants market is driven by several key companies, including Exxon Mobil Corporation. BP p.l.c.; BASF, and Chevron Corporation. Exxon Mobil Corporation offers a range of lubricants, including high-performance engine oils, hydraulic fluids, and greases, emphasizing reliability and efficiency. BP p.l.c. provides a variety of lubricant products under the Castrol brand, which includes engine oils, transmission fluids, and industrial lubricants, focusing on enhancing performance and protecting machinery. BASF specializes in producing high-quality lubricant additives that improve the performance and longevity of lubricants used in automotive and industrial applications, while Chevron Corporation offers a wide range of lubricants through its Havoline and Delo brands, offering engine oils, gear oils, and greases that are formulated to meet the demands of both personal and commercial vehicles. These companies play a significant role in shaping the U.S. lubricants market.

• Exxon Mobil Corporation operates across the entire oil & gas industry, focusing significantly on lubricants and chemicals. The company offers a wide range of products under well-known brands such as Mobil and Exxon, including synthetic motor oils, industrial lubricants, and specialty products designed for various applications. Furthermore, it offers a range of high-performance products under well-known brands, such as Mobil 1, which is recognized for its synthetic motor oils and has a strong presence in motorsports with sponsorships for popular brands.

• BASF offers a range of high-performance products, including additives and base oils, that enhance the performance and efficiency of lubricants used in automotive, industrial, and marine applications. For instance, it supplies lubricants for marine applications, including cylinder and truck piston engine oils. Furthermore, its portfolio includes coolants under the GLYSANTIN brand, which protect engines from corrosion and ensure efficient operation.

 Recent Developments

• In October 2024, BP p.l.c. is expected to continue its oil and gas ventures with Reliance Industries in India despite the expiration of their agreement. The former is also expected to invest further in the KG-D6 block, which produces a third of India's natural gas while expanding its lubricant offerings through its Castrol brand and enhancing its mobility joint venture with Reliance.

• In July 2024, Liqui Moly partnered with the British Touring Car Championship (BTCC) to become the official oil and lubricants partner, starting from the next race at Croft and continuing until the end of the 2027 season. The agreement includes naming rights for each race at Croft and prominent branding at all BTCC venues, reflecting Liqui Moly's strategy to enhance its presence in the market.

U.S. Lubricants Market Report Scope

U.S. Lubricants Market Report Segmentation

This report forecasts the volume and revenue growth of the U.S. lubricants market and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2033. For this study, Grand View Research has segmented the U.S. lubricants market report based on application and base oil:

• Application Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2033)

  • Industrial

    • Process Oils

    • General Industrial Oils

    • Metalworking Fluids

    • Industrial Engine Oils

    • Greases

    • Others

  • Automotive

    • Engine Oil

    • Gear Oil

    • Transmission Fluids

    • Brake Fluids

    • Coolants

    • Greases

  • Marine

    • Engine oil

    • Hydraulic oil

    • Gear oil

    • Turbine oil

    • Greases

    • Others

  • Aerospace

    • Gas turbine oils

    • Piston engine oils

    • Hydraulic fluids

    • Others

• Base Oil Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2033)

  • Group 1

  • Group 2

  • Group 3

  • Group 4

  • Group 5

  • Bio-Based Base Oil