How much is the market size of industrial lubricants market?

The global industrial lubricants market size was valued at USD 71.70 billion in 2023 and expected to reach USD 104.68 billion by 2034. Read More

What is the industrial lubricants market growth rate?

The global industrial lubricants market is growing at a CAGR of 3.5% during the forecast period 2024 to 2034. Read More

Which segment was accounted for the largest industrial lubricants market share?

In 2023, process oil holds the highest market share in the global industrial lubricants market in terms of both value and volume among other product types due to its large applications in various industries . Read More

Which application segment is expected to register rapid growth in the industrial lubricants market?

The metalworking application segment is likely to register rapid growth over the upcoming years on account of rising demand for metal products in applications such as building and machinery. Read More

Which key players are operating in the industrial lubricants market?

Some of the key players operating in the market are Fuchs Group, Exxonmobil Corp, The Lubrizol Corporation, Phillips 66, Royal Dutch Shell, Lucas Oil Products, Inc., Bel-Ray Co., Inc., Amsoil, Inc., Kluber Lubrication, and Chevron Corp. among others. Read More

Which region is accounted largest industrial lubricants market share?

North America and Europe predicted to maintain their dominance in terms of demand volume for the industrial lubricants despite of the stagnancy in the industrial growth . Read More

Which region is projected to be the fastest growing industrial lubricants market?

The Asia Pacific projected to be the fastest growing market during the analysis period due to well-established application industries across developing countries. Read More

What are the main driving factors of industrial lubricants market?

Major factors that are accounted to drive the industrial lubricants include shifting consumer preference for processed and frozen foods along with increasing demand for green energy generation methods. Hectic lifestyle as well as significant impact of western culture on eating habits has fostered the demand for frozen foods. In addition, an alarming rise in the pollution across the globe coupled with fast depletion of natural resources such as coal and petroleum expected to thrive the demand for green energy, thereby propel the growth of industrial lubricants over the upcoming years. Additionally, significant growth in the industry automation across various part of the world that has notably fostered the replacement and upgradation of machine parts expected to drive the market for industri Read More

What are the uses of industrial lubricants?

Lubricants are the important part of a machine that ensures smooth functioning of different parts of a machine. Lubricants are generally explained as compounds such as greases, oils, and fluids that provide friction between machine parts. Their main function is to avoid metal-to-metal contact in dyes as well as finished component tooling. Further, the lubricants used in the industries expected to reduce friction, cool parts, minimize wear, disperse contaminants, transmit power, prevent corrosion, and act as a sealant. Read More

Industrial Lubricants Market Size, Share, and Trends 2024 to 2034

The global industrial lubricants market size was USD 71.70 billion in 2023, calculated at USD 74.21 billion in 2024 and is expected to reach around USD 104.68 billion by 2034, expanding at a CAGR of 3.5% from 2024 to 2034.

Last Updated : August 2024
Report Code : 1152
Category : Chemical and Material

Industrial Lubricants Market

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Industrial Lubricants Market

5.1. COVID-19 Landscape: Industrial Lubricants Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Industrial Lubricants Market, By Product

8.1. Industrial Lubricants Market Revenue and Volume, By Product, 2024-2034

8.1.1 General Industrial Oils

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Process Oils

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

8.1.3. Industrial Engine Oils

8.1.3.1. Market Revenue and Volume Forecast (2021-2034)

8.1.4. Metalworking Fluids

8.1.4.1. Market Revenue and Volume Forecast (2021-2034)

8.1.5. Other Industrial Lubricants

8.1.5.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Industrial Lubricants Market, By Application

9.1. Industrial Lubricants Market Revenue and Volume, By Application, 2024-2034

9.1.1. Textiles

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Metalworking

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Energy

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

9.1.4. Industrial Gases

9.1.4.1. Market Revenue and Volume Forecast (2021-2034)

9.1.5. Chemical Manufacturing

9.1.5.1. Market Revenue and Volume Forecast (2021-2034)

9.1.6. Hydraulic

9.1.6.1. Market Revenue and Volume Forecast (2021-2034)

9.1.7. Food Processing

9.1.7.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Industrial Lubricants Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.1.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.1.3.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.1.4.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.2.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.2.3.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.2.4.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.2.5.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.2.6.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.3.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.3.3.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.3.4.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.3.5.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.3.6.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.4.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.4.3.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.4.4.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.4.5.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.4.6.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.5.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.5.3.2. Market Revenue and Volume Forecast, By Application (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, By Product (2021-2034)

10.5.4.2. Market Revenue and Volume Forecast, By Application (2021-2034)

Chapter 11. Company Profiles

11.1. Fuchs Group

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Exxonmobil Corp

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. The Lubrizol Corporation

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Phillips 66

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Royal Dutch Shell

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Lucas Oil Products, Inc.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Bel-Ray Co., Inc.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Amsoil, Inc.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Kluber Lubrication

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Chevron Corp.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Industrial Lubricants Market Size to Hit USD 104.68 Billiion by 2034

List of Contents