Detailed Analysis of the Lubricants Market
Market Overview
The lubricants market is a critical component of numerous industries, including automotive, industrial machinery, marine, aerospace, and manufacturing. Lubricants play an essential role in reducing friction between mechanical parts, extending the machinery's lifespan, improving efficiency, and reducing energy consumption. The global lubricants market has experienced steady growth due to industrial expansion and increased vehicle ownership across emerging economies.
Lubricants are substances used to reduce friction, heat, and wear between mechanical components in contact with each other. They form a protective film that minimizes direct metal-to-metal contact, thereby improving the efficiency and lifespan of machinery. Lubricants can be in the form of oils, greases, or fluids and are essential in various applications, including automotive engines, industrial machinery, and aerospace systems.
Market Size and Growth Projections
As of 2023, the global lubricants market was valued at approximately USD 165 billion. It is projected to reach USD 210 billion by 2033, growing at a compound annual growth rate (CAGR) of 2.5% during the forecast period (2023-2033). Growth is driven by rising industrialization in Asia-Pacific, technological advancements in automotive lubricants, and the increased focus on energy efficiency and machinery maintenance.
| Report Attributes | Details |
| Study Period | 2023 to 2033 |
| Base Year | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIOD | 2020-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | ExxonMobil Corp. Royal Dutch Shell Co. BP PLC. Total Energies Chevron Corp. Fuchs Castrol India Ltd. Amsoil Inc. JX Nippon Oil & Gas Exploration Corp. Philips 66 Company Valvoline LLC PetroChina Company Ltd. China Petrochemical Corp. Idemitsu Kosan Co. Ltd. Lukoil Petrobras Petronas Lubricant International Quaker Chemical Corp. PetroFer Chemie Buhmwoo Chemical Co. Ltd. Zeller Gmelin Gmbh & Co. KG Blaser Swisslube Inc. |
| SEGMENTS COVERED | By Type, By Application, By End User and By Geography |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Key Market Segments
By Base Oil:
Mineral Oil
Synthetic Oil
Bio-based Oil
Synthetic oils are gaining traction due to their superior performance, better temperature stability, and extended oil change intervals compared to mineral oils.
By Product Type:
Engine Oils
Hydraulic Fluids
Gear Oils
Compressor Oils
Metalworking Fluids
Greases
Engine oils hold the largest share of the market due to their widespread use in automotive and industrial applications.
By End-Use Industry:
Automotive
Industrial
Marine
Aerospace
Construction
The automotive sector remains the dominant end-user segment, driven by the increasing number of vehicles and demand for high-performance lubricants.
Regional Analysis
Asia-Pacific:
The region is the largest and fastest-growing market for lubricants. Rapid industrialization, urbanization, and increasing automotive sales in countries like China, India, and Indonesia are key drivers.
North America:
The market in North America is mature but continues to grow due to advancements in synthetic lubricants and stringent environmental regulations.
Europe:
The European market is characterized by a strong focus on sustainable and bio-based lubricants, driven by environmental regulations and consumer preferences.
Middle East & Africa:
The region benefits from a robust oil and gas sector and growing industrial activities.
South America:
Emerging economies in the region are witnessing increased demand for lubricants, particularly in the automotive and construction sectors.
Market Drivers
Industrial Growth: Expansion in manufacturing, mining, and construction activities is boosting lubricant consumption.
Automotive Industry Demand: Increasing vehicle ownership and rising demand for high-performance engine oils are key drivers.
Technological Advancements: Development of advanced lubricants that enhance efficiency and reduce maintenance costs.
Sustainability Trends: Growing interest in bio-based and environmentally friendly lubricants.
Market Challenges
Environmental Regulations: Stringent regulations on lubricant formulations and disposal pose challenges.
Volatility in Raw Material Prices: Fluctuations in crude oil prices impact production costs.
Shift to Electric Vehicles (EVs): The rise of EVs, which require fewer lubricants than traditional internal combustion engine vehicles, is a potential long-term threat.
Emerging Trends in the Lubricants Market
Bio-based Lubricants: Increased adoption due to environmental benefits and regulatory pressure for sustainable products.
High-Performance Synthetic Lubricants: Growing demand for synthetic products in both industrial and automotive sectors due to their superior performance characteristics.
Digital Monitoring Solutions: Integration of IoT and AI for lubricant monitoring and predictive maintenance, helping companies optimize machinery operations.
Circular Economy Practices: Recycling and re-refining of used lubricants to meet sustainability goals.
Customization of Lubricant Formulations: Development of application-specific lubricants tailored to meet the unique needs of industries, particularly in manufacturing and aerospace.
Expansion of Lubricant Additive Technologies: Use of advanced additives to enhance the performance and longevity of lubricants.
Rise of Electric Vehicle (EV) Lubricants: Development of specialized lubricants for electric vehicle components such as e-transmissions and battery systems.
Competitive Landscape
The lubricants market is highly competitive, with major players focusing on product innovation, strategic partnerships, and sustainability initiatives.
Key Players:
ExxonMobil Corporation
Royal Dutch Shell plc
BP plc
Chevron Corporation
TotalEnergies SE
Fuchs Petrolub SE
Valvoline Inc.
Lukoil
PetroChina Company Limited
Idemitsu Kosan Co., Ltd.
Recent Developments
ExxonMobil: Launched a new range of synthetic lubricants to cater to industrial applications.
Royal Dutch Shell: Invested in bio-lubricants production to meet growing demand for eco-friendly products.
BP: Expanded its lubricant production capacity in key Asian markets.
Future Outlook
The lubricants market is poised for steady growth, with significant opportunities in bio-based and high-performance synthetic lubricants. Innovations in lubricant technology and sustainability initiatives will be critical for market players to maintain competitiveness. However, the shift towards electric vehicles and evolving regulatory landscapes will require the industry to adapt and innovate continuously.
Lubricants Market Segments
By Application
Industrial
Automotive
Marine
Aerospace
By Base Oil
Mineral Oil
Synthetic Oil
Bio-based Oil
Lubricants Market Players
ExxonMobil Corp.
Royal Dutch Shell Co.
BP PLC.
Total Energies
Chevron Corp.
Fuchs
Castrol India Ltd.
Amsoil Inc.
JX Nippon Oil & Gas Exploration Corp.
Philips 66 Company
Valvoline LLC
PetroChina Company Ltd.
China Petrochemical Corp.
Idemitsu Kosan Co. Ltd.
Lukoil
Petrobras
Petronas Lubricant International
Quaker Chemical Corp.
PetroFer Chemie
Buhmwoo Chemical Co. Ltd.
Zeller Gmelin Gmbh & Co. KG
Blaser Swisslube Inc.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Market Formulation & Data Visualization
1.3.3. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Lubricants Market Variables, Trends & Scope
3.1. Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Trends
3.2.2. Manufacturing/Technology Trends
3.2.2.1. Sedimentation
3.2.2.2. Fractionating
3.2.2.3. Filtering & Solvent Extraction
3.2.2.4. Additives, Inspection, & Packing
3.2.3. Sales Channel Analysis
3.2.4. Operational Margin Analysis
3.3. Technology Overview
3.3.1. Technology adaptation by key industry participants
3.4. Regulatory & Policy Landscape
3.5. Price Trend Analysis, 2018 - 2030
3.6. Lubricants Trade Analysis (HS Code: 3403 Lubricant Preparation)
3.6.1. Trade balance
3.6.2. Imports, by Region & Key Countries, 2018 - 2022
3.6.3. Exports, by Region & Key Countries, 2018 - 2022
3.7. Market Dynamics
3.7.1. Market Drivers
3.7.2. Market Restraints
3.7.3. Market Opportunities
3.7.4. Market Challenges
3.8. Industry Analysis Tools
3.8.1. Porter’s Analysis
3.8.2. Macro-Economic Analysis
Chapter 4. Lubricants Market: Base Oil Estimates & Trend Analysis
4.1. Base Oil Movement Analysis & Market Share, 2023 & 2030
4.1.1. Market Estimates and Forecasts, For the Following, 2018 - 2030 (Kilotons) (USD Million)
4.1.1.1. Mineral Oil
4.1.1.2. Synthetic Oil
4.1.1.3. Bio-Based Oil
Chapter 5. Lubricants Market: Application Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2023 & 2030
5.1.1. Market Estimates and Forecasts, for the Following, 2018 - 2030 (Kilotons) (USD Million)
5.1.1.1. Industrial
5.1.1.1.1. Process Oils
5.1.1.1.2. General Industrial Oils
5.1.1.1.3. Metalworking Fluids
5.1.1.1.4. Industrial Engine Oils
5.1.1.1.5. Greases
5.1.1.1.6. Others
5.1.1.2. Automotive
5.1.1.2.1. Engine Oil
5.1.1.2.2. Gear Oil
5.1.1.2.3. Transmission Fluids
5.1.1.2.4. Brake Fluids
5.1.1.2.5. Coolants
5.1.1.2.6. Greases
5.1.1.3. Marine
5.1.1.3.1. Engine Oil
5.1.1.3.2. Hydraulic Oil
5.1.1.3.3. Gear Oi
5.1.1.3.4. Turbine Oil
5.1.1.3.5. Greases
5.1.1.3.6. Others
5.1.1.4. Aerospace
5.1.1.4.1. Gas Turbine Oils
5.1.1.4.2. Piston Engine Oils
5.1.1.4.3. Hydraulic Fluids
5.1.1.4.4. Others
Chapter 6. Lubricants Market: Regional Estimates & Trend Analysis
6.1. Regional Movement Analysis & Market Share, 2023 & 2030
6.2. North America
6.2.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.2. Market Estimates and Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.2.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.2.4. U.S.
6.2.4.1. Key country dynamics
6.2.4.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.4.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.2.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.2.5. Canada
6.2.5.1. Key country dynamics
6.2.5.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.5.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.2.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.2.6. Mexico
6.2.6.1. Key country dynamics
6.2.6.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.6.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.2.6.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3. Europe
6.3.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.2. Market Estimates and Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.3.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.4. UK
6.3.4.1. Key country dynamics
6.3.4.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.4.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.3.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.5. Switzerland
6.3.5.1. Key country dynamics
6.3.5.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.5.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.3.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.6. Germany
6.3.6.1. Key country dynamics
6.3.6.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.6.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.3.6.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.7. France
6.3.7.1. Key country dynamics
6.3.7.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.7.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.3.7.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.8. Russia
6.3.8.1. Key country dynamics
6.3.8.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.8.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.3.8.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.9. Italy
6.3.9.1. Key country dynamics
6.3.9.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.9.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.3.9.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.10. Spain
6.3.10.1. Key country dynamics
6.3.10.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.10.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.3.10.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.11. The Netherlands
6.3.11.1. Key country dynamics
6.3.11.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.11.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.3.11.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4. Asia Pacific
6.4.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.2. Market Estimates and Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.4.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.4. China
6.4.4.1. Key country dynamics
6.4.4.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.4.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.4.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.5. India
6.4.5.1. Key country dynamics
6.4.5.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.5.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.4.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.6. Japan
6.4.6.1. Key country dynamics
6.4.6.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.6.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.4.6.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.7. South Korea
6.4.7.1. Key country dynamics
6.4.7.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.7.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.4.7.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.8. Malaysia
6.4.8.1. Key country dynamics
6.4.8.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.8.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.4.8.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.9. Indonesia
6.4.9.1. Key country dynamics
6.4.9.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.9.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.4.9.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.10. Vietnam
6.4.10.1. Key country dynamics
6.4.10.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.10.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.4.10.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.11. Australia
6.4.11.1. Key country dynamics
6.4.11.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.11.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.4.11.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.12. New Zealand
6.4.12.1. Key country dynamics
6.4.12.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.12.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.4.12.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.13. Kyrgyzstan
6.4.13.1. Key country dynamics
6.4.13.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.13.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.4.13.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5. Central & South America
6.5.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.2. Market Estimates and Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.5.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.4. Brazil
6.5.4.1. Key country dynamics
6.5.4.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.4.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.5.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.5. Argentina
6.5.5.1. Key country dynamics
6.5.5.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.5.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.5.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.6. Chile
6.5.6.1. Key country dynamics
6.5.6.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.6.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.5.6.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.7. Colombia
6.5.7.1. Key country dynamics
6.5.7.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.7.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.5.7.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6. Middle East & Africa
6.6.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.2. Market Estimates and Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.6.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.4. Iran
6.6.4.1. Key country dynamics
6.6.4.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.4.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.6.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.5. Oman
6.6.5.1. Key country dynamics
6.6.5.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.5.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.6.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.6. UAE
6.6.6.1. Key country dynamics
6.6.6.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.6.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.6.6.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.7. Qatar
6.6.7.1. Key country dynamics
6.6.7.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.7.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.6.7.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.8. Kuwait
6.6.8.1. Key country dynamics
6.6.8.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.8.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.6.8.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.9. Saudi Arabia
6.6.9.1. Key country dynamics
6.6.9.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.9.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.6.9.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.10. South Africa
6.6.10.1. Key country dynamics
6.6.10.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.10.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.6.10.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.11. Angola
6.6.11.1. Key country dynamics
6.6.11.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.11.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.6.11.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.12. Nigeria
6.6.12.1. Key country dynamics
6.6.12.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.12.3. Market Estimates & Forecasts, By Base Oil, 2018 - 2030 (Kilotons) (USD Million)
6.6.12.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.12.5.
Chapter 7. Lubricants Market - Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company Categorization
7.3. Company Market Share Analysis, 2023
7.4. Company Heat Map Analysis
7.5. Strategy Mapping
7.6. Company Profiles/Listings
7.6.1. ExxonMobil Corp
7.6.1.1. Participant’s overview
7.6.1.2. Financial performance
7.6.1.3. Product benchmarking
7.6.1.4. Recent developments
7.6.2. Royal Dutch Shell Co.
7.6.2.1. Participant’s overview
7.6.2.2. Financial performance
7.6.2.3. Product benchmarking
7.6.2.4. Recent developments
7.6.3. BP Plc
7.6.3.1. Participant’s overview
7.6.3.2. Financial performance
7.6.3.3. Product benchmarking
7.6.3.4. Recent developments
7.6.4. TotalEnergies
7.6.4.1. Participant’s overview
7.6.4.2. Financial performance
7.6.4.3. Product benchmarking
7.6.4.4. Recent developments
7.6.5. Chevron Corporation
7.6.5.1. Participant’s overview
7.6.5.2. Financial performance
7.6.5.3. Product benchmarking
7.6.5.4. Recent developments
7.6.6. Fuchs
7.6.6.1. Participant’s overview
7.6.6.2. Financial performance
7.6.6.3. Product benchmarking
7.6.6.4. Recent developments
7.6.7. Castrol India Ltd.
7.6.7.1. Participant’s overview
7.6.7.2. Financial performance
7.6.7.3. Product benchmarking
7.6.7.4. Recent developments
7.6.8. Amsoil Inc.
7.6.8.1. Participant’s overview
7.6.8.2. Financial performance
7.6.8.3. Product benchmarking
7.6.8.4. Recent developments
7.6.9. JX Nippon Oil & Gas Exploration Corporation
7.6.9.1. Participant’s overview
7.6.9.2. Financial performance
7.6.9.3. Product benchmarking
7.6.9.4. Recent developments
7.6.10. Philipps 66 Company
7.6.10.1. Participant’s overview
7.6.10.2. Financial performance
7.6.10.3. Product benchmarking
7.6.10.4. Recent developments
7.6.11. Valvoline LLC
7.6.11.1. Participant’s overview
7.6.11.2. Financial performance
7.6.11.3. Product benchmarking
7.6.11.4. Recent developments
7.6.12. PetroChina Company Limited
7.6.12.1. Participant’s overview
7.6.12.2. Financial performance
7.6.12.3. Product benchmarking
7.6.12.4. Recent developments
7.6.13. China Petrochemical Corporation
7.6.13.1. Participant’s overview
7.6.13.2. Financial performance
7.6.13.3. Product benchmarking
7.6.13.4. Recent developments
7.6.14. Idemitsu Kosan Co. Ltd
7.6.14.1. Participant’s overview
7.6.14.2. Financial performance
7.6.14.3. Product benchmarking
7.6.14.4. Recent developments
7.6.15. Lukoil
7.6.15.1. Participant’s overview
7.6.15.2. Financial performance
7.6.15.3. Product benchmarking
7.6.15.4. Recent developments
7.6.16. JX Nippon Oil & Energy Corporation
7.6.16.1. Participant’s overview
7.6.16.2. Financial performance
7.6.16.3. Product benchmarking
7.6.16.4. Recent developments
7.6.17. Petrobras
7.6.17.1. Participant’s overview
7.6.17.2. Financial performance
7.6.17.3. Product benchmarking
7.6.17.4. Recent developments
7.6.18. Petronas Lubricant International
7.6.18.1. Participant’s overview
7.6.18.2. Financial performance
7.6.18.3. Product benchmarking
7.6.18.4. Recent developments
7.6.19. Quaker Chemical Corp
7.6.19.1. Participant’s overview
7.6.19.2. Financial performance
7.6.19.3. Product benchmarking
7.6.19.4. Recent developments
7.6.20. PetroFer Chemie
7.6.20.1. Participant’s overview
7.6.20.2. Financial performance
7.6.20.3. Product benchmarking
7.6.20.4. Recent developments
7.6.21. Zeller Gmelin GmbH & Co. KG
7.6.21.1. Participant’s overview
7.6.21.2. Financial performance
7.6.21.3. Product benchmarking
7.6.21.4. Recent developments
7.6.22. Buhmwoo Chemical Co. Ltd.
7.6.22.1. Participant’s overview
7.6.22.2. Financial performance
7.6.22.3. Product benchmarking
7.6.22.4. Recent developments
7.6.23. Blaser Swisslube Inc
7.6.23.1. Participant’s overview
7.6.23.2. Financial performance
7.6.23.3. Product benchmarking
7.6.23.4. Recent developments
Lubricants Market Segments
By Application
Industrial
Automotive
Marine
Aerospace
By Base Oil
Mineral Oil
Synthetic Oil
Bio-based Oil
Lubricants Market Players
ExxonMobil Corp.
Royal Dutch Shell Co.
BP PLC.
Total Energies
Chevron Corp.
Fuchs
Castrol India Ltd.
Amsoil Inc.
JX Nippon Oil & Gas Exploration Corp.
Philips 66 Company
Valvoline LLC
PetroChina Company Ltd.
China Petrochemical Corp.
Idemitsu Kosan Co. Ltd.
Lukoil
Petrobras
Petronas Lubricant International
Quaker Chemical Corp.
PetroFer Chemie
Buhmwoo Chemical Co. Ltd.
Zeller Gmelin Gmbh & Co. KG
Blaser Swisslube Inc.
