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Global Lubricants Market Size, Share & Trends Analysis Report by Application (Automotive, Industrial, Marine, Aerospace), Region, and Segment Forecasts, 2024-2030

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    Report

  • 80 Pages
  • December 2023
  • Region: Global
  • Grand View Research
  • ID: 4479726
Description Jump to:
The global lubricants market size is expected to reach USD 180.21 billion by 2030, registering a CAGR of 3.7% over the forecast period. Growth in demand for biobased lubes owing to their eco-friendly characteristics is poised to pave way for higher demand over the coming years. Furthermore, the manufacturers are shifting and expanding their production units in developing nations owing to various factors, such as availability of raw materials and reduced infrastructure & labor costs. This, in turn, is anticipated to boost the market growth over the forecast period. Typical oil manufacturers use crude oil, CBM, tight oil, and other additives to formulate all types of lubricants.

Technological advancements have led to the reduction of combustion engine-based vehicles, and countries, such as Norway and the Netherlands, have imposed strict regulations against the approval of any combustion engine-based vehicles. Major companies, such as Shell, Total, Chevron, ExxonMobil, BP, and Sinopec, have integrated their business operations globally. Increasing passenger car sales in the emerging markets of Asia-Pacific and Latin America is expected to be a major factor driving the consumer automotive lubricants market growth over the forecast period. Growing sales of consumer automobiles, such as trucks, buses, and other forms of passenger transport, are expected to drive commercial automotive oil product demand.

Economic growth in emerging markets, such as China, India, and Brazil, has led to the betterment of public transportation in these regions. This trend is expected to further strengthen commercial automotive lubricant demand. The Asia-Pacific automotive industry is anticipated to witness a high growth rate over the forecast period owing to rapid economic development, mega construction projects, and the introduction of various favorable policies by the government, such as 100% FDI and “Smart Cities”. Rapid industrial development and growing demand for high-performance luxurious passenger cars have also attracted heavy investments from international automotive players.

Companies, such as ExxonMobil and Chevron, are directly involved in the production of lubricants for specific applications, these companies are further involved in supply agreements with major end-users to ensure steady sales of lubricants. Companies, such as Total, Shell, Amsoil, and Castrol, have entered into exclusive supply agreements with Tata Motors & Vestas Wind Systems to supply their lubricant brands. Global as well as regional industry players are developing direct sales channels, especially for automotive lubricant users, at their local service centers. Some companies also participate in annual events of their end-users and showcase their products at offer prices.

Lubricants Market Report Highlights

  • The market is estimated significantly due to the increasing demand for automotive oils and greases on account of the growing trade of vehicles and their spare parts
  • Lubricants are majorly used as diesel engine oils, gearbox lubricants, and transmission oils in passenger cars, commercial vehicles, and motorcycle segments of the automotive sector. As per OICA, global motor vehicle production reached 85, 016,728 in 2022, which is anticipated to drive the product demand
  • The aerospace lubricants application segment will register the fastest CAGR from 2024 to 2030 due to the increasing air passenger traffic coupled with a significant rise in defense budgets across the globe
  • Gas turbine oil is a high-performance oil created to help gas turbines run more efficiently and reliably while also enhancing the safety and productivity of power plant operations
  • Asia-Pacific dominated the market with a revenue share of 44.6% in 2023. A rising number of consumers is demanding advanced technological products with superior performance characteristics. This factor is conducive to market growth


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.4. Information Analysis
1.5. Market Formulation & Data Validation
1.6. Data Validation & Publishing
1.6.1. Research scope and assumption
1.6.2. 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 Lineage Outlook
3.1.1. Lubricant industry 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 restraint
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: Application Estimates & Trend Analysis
4.1. Application Movement Analysis & Market Share, 2023 & 2030
4.1.1. Industrial
4.1.1.1. Process oils
4.1.1.2. General industrial oils
4.1.1.3. Metalworking fluids
4.1.1.4. Industrial engine oils
4.1.1.5. Greases
4.1.1.6. Others
4.1.2. Automotive
4.1.2.1. Engine oil
4.1.2.2. Gear oil
4.1.2.3. Transmission fluids
4.1.2.4. Brake fluids
4.1.2.5. Coolants
4.1.2.6. Greases
4.1.3. Marine
4.1.3.1. Engine oil
4.1.3.2. Hydraulic oil
4.1.3.3. Gear oil
4.1.3.4. Turbine oil
4.1.3.5. Greases
4.1.3.6. Others
4.1.4. Aerospace
4.1.4.1. Gas turbines oils
4.1.4.2. Piston engine oils
4.1.4.3. Hydraulic fluids
4.1.4.4. Others
Chapter 5. Lubricants Market: Regional Estimates & Trend Analysis
5.1. Lubricants Market: Regional Outlook
5.2. North America
5.2.1. North America lubricants market estimates and forecast, 2018-2030 (Kilotons) (USD Million)
5.2.2. U.S.
5.2.2.1. Key country dynamics
5.2.2.2. U.S. lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.2.3. Canada
5.2.3.1. Key country dynamics
5.2.3.2. Canada lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.2.4. Mexico
5.2.4.1. Key country dynamics
5.2.4.2. Mexico lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.3. Europe
5.3.1. Europe lubricants market estimates & forecasts, 2018-2030 (Kilotons) (USD Millions)
5.3.2. Germany
5.3.2.1. Key country dynamics
5.3.2.2. Germany lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.3.3. UK
5.3.3.1. Key country dynamics
5.3.3.2. UK lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.3.4. Switzerland
5.3.4.1. Key country dynamics
5.3.4.2. Switzerland lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.3.5. France
5.3.5.1. Key country dynamics
5.3.5.2. France lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.3.6. Russia
5.3.6.1. Key country dynamics
5.3.6.2. Russia lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.3.7. Italy
5.3.7.1. Key country dynamics
5.3.7.2. Italy lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.3.8. Spain
5.3.8.1. Key country dynamics
5.3.8.2. Spain lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.3.9. The Netherlands
5.3.9.1. Key country dynamics
5.3.9.2. The Netherlands lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.4. Asia-Pacific
5.4.1. Asia-Pacific lubricants market estimates & forecasts, 2018-2030 (Kilotons) (USD Millions)
5.4.2. China
5.4.2.1. Key country dynamics
5.4.2.2. China lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.4.3. India
5.4.3.1. Key country dynamics
5.4.3.2. India lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.4.4. Japan
5.4.4.1. Key country dynamics
5.4.4.2. Japan lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.4.5. South Korea
5.4.5.1. Key country dynamics
5.4.5.2. South Korea lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.4.6. Malaysia
5.4.6.1. Key country dynamics
5.4.6.2. Malaysia lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.4.7. Indonesia
5.4.7.1. Key country dynamics
5.4.7.2. Indonesia lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.4.8. Vietnam
5.4.8.1. Key country dynamics
5.4.8.2. Vietnam lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.4.9. Australia
5.4.9.1. Key country dynamics
5.4.9.2. Australia lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.4.10. New Zealand
5.4.10.1. Key country dynamics
5.4.10.2. New Zealand lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.4.11. Kyrgyzstan
5.4.11.1. Key country dynamics
5.4.11.2. Kyrgyzstan lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.5. Central & South America
5.5.1. Central & South America lubricants market estimates & forecasts, 2018-2030 (Kilotons) (USD Millions)
5.5.2. Brazil
5.5.2.1. Key country dynamics
5.5.2.2. Brazil lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.5.3. Argentina
5.5.3.1. Key country dynamics
5.5.3.2. Argentina lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.5.4. Chile
5.5.4.1. Key country dynamics
5.5.4.2. Chile lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.5.5. Colombia
5.5.5.1. Key country dynamics
5.5.5.2. Colombia lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.6. Middle East & Africa
5.6.1. Middle East & Africa lubricants market estimates & forecasts, 2018-2030 (Kilotons) (USD Millions)
5.6.2. Middle East
5.6.2.1. Iran
5.6.2.1.1. Key country dynamics
5.6.2.1.2. Iran lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.6.2.2. Oman
5.6.2.2.1. Key country dynamics
5.6.2.2.2. Oman lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.6.2.3. UAE
5.6.2.3.1. Key country dynamics
5.6.2.3.2. UAE lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.6.2.4. Qatar
5.6.2.4.1. Key country dynamics
5.6.2.4.2. Qatar lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.6.2.5. Kuwait
5.6.2.5.1. Key country dynamics
5.6.2.5.2. Kuwait lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.6.2.6. Saudi Arabia
5.6.2.6.1. Key country dynamics
5.6.2.6.2. Saudi Arabia lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.6.3. Africa
5.6.3.1. South Africa
5.6.3.1.1. Key country dynamics
5.6.3.1.2. South Africa lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.6.3.2. Angola
5.6.3.2.1. Key country dynamics
5.6.3.2.2. Angola lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
5.6.3.3. Nigeria
5.6.3.3.1. Key country dynamics
5.6.3.3.2. Nigeria lubricants market estimates and forecasts, 2018-2030 (Kilotons) (USD Million)
Chapter 6. Competitive Analysis
6.1. Recent Development By Key Market Participants
6.2. Competitive Categorization
6.3. Company Market Share Analysis, 2023
6.4. Company Heat Map Analysis
6.5. Financial Performance
6.6. Product Benchmarking
6.7. Strategy Mapping
6.7.1. Expansion
6.7.2. Mergers & Acquisition
6.7.3. Partnership
6.7.4. New product launches
6.8. Company Profiles
6.8.1. ExxonMobil Corp.
6.8.2. Royal Dutch Shell Co.
6.8.3. British Petroleum
6.8.4. Total S.A.
6.8.5. Chevron Corporation
6.8.6. Funchs Group
6.8.7. Pennzoil
6.8.8. Amsoil Inc
6.8.9. Philips 66 Company
6.8.10. Valvoline LLC
6.8.11. Castrol
6.8.12. PetroChina
6.8.13. Sinopec Corp
6.8.14. Idemitsu Kosan Co. Ltd
6.8.15. Lukoil
6.8.16. JX Nippon Oil & Energy Corporation
6.8.17. Petrobras
6.8.18. Petronas Lubricant International
6.8.19. Quaker Chemical Corp
6.8.20. PetroFer Chemie
6.8.21. Zeller Gmelin GmbH & Co. KG
6.8.22. Buhmwoo Chemical Co. Ltd
6.8.23. Blaser Swisslube Inc
List of Tables
Table 1 Key cost components
Table 2 Operational/Profit Margin of top 5 companies, 2019, 2020 & 2021 (%)
Table 3 Lubricants Trade Balance, By Key Countries, (Value, USD Thousand) 2018-2022
Table 4 Lubricants Import, By Key Countries, 2018-2022 (Volume; Kilotons)
Table 5 Lubricants Import, By Key Countries, 2018-2022 (Value; USD Thousand)
Table 6 Lubricants Export, By Key Countries, 2018-2022 (Volume; Kilotons)
Table 7 Lubricants Export, By Key Countries, 2018-2022 (Value; USD Thousand)
Table 8 Product Benchmarks, By Type
Table 9 Company heat map analysis
Table 10 U.S. macro-economic outlay
Table 11 Canada macro-economic outlay
Table 12 Mexico macro-economic outlay
Table 13 Germany macro-economic outlay
Table 14 UK macro-economic outlay
Table 15 Switzerland macro-economic outlay
Table 16 France macro-economic outlay
Table 17 Italy macro-economic outlay
Table 18 Spain macro-economic outlay
Table 19 The Netherland macro-economic outlay
Table 20 Canada macro-economic outlay
Table 21 Russia macro-economic outlay
Table 22 China macro-economic outlay
Table 23 India macro-economic outlay
Table 24 Japan macro-economic outlay
Table 25 South Korea macro-economic outlay
Table 26 Malaysia macro-economic outlay
Table 27 Indonesia macro-economic outlay
Table 28 Vietnam macro-economic outlay
Table 29 Australia macro-economic outlay
Table 30 New Zealand macro-economic outlay
Table 31 Kyrgyzstan macro-economic outlay
Table 32 Brazil macro-economic outlay
Table 33 Argentina macro-economic outlay
Table 34 Chile macro-economic outlay
Table 35 Colombia macro-economic outlay
Table 36 Iran macro-economic outlay
Table 37 Oman macro-economic outlay
Table 38 UAE macro-economic outlay
Table 39 Qatar macro-economic outlay
Table 40 Kuwait macro-economic outlay
Table 41 Saudi Arabia macro-economic outlay
Table 42 South Africa macro-economic outlay
Table 43 Angola macro-economic outlay
Table 44 Nigeria macro-economic outlay
List of Figures
Figure 1. Lubricants Market Segmentation & Scope
Figure 2. Information procurement
Figure 3 Data analysis models
Figure 4 Market formulation and validation
Figure 5 Data validating & publishing
Figure 6 Industry Snapshot
Figure 7 Key Trends Highlights
Figure 8 Lubricants Market Value Chain Analysis
Figure 9 Number of Registered Cars In The U.S., 2018-2022 (USD Million)
Figure 10 Lubricants Market Estimates & Forecasts, by Product: Key Takeaways
Figure 11 Lubricants Market Share, by Product
Figure 12 Process Oils Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 13 General Industrial Oils Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 14 Metalworking Fluids Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 15 Industrial Engine Oils Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 16 Greases Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 17 Other Industrial Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 18 Engine Oil Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 19 Gear Oil Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 20 Transmission Fluids Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 21 Brake Fluids Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 22 Coolants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 23 Greases Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 24 Engine Oil Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 25 Hydraulic Oil Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 26 Gear Oil Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 27 Turbine Oil Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 28 Greases Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 29 Other Marine Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 30 Gas Turbine Oils Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 31 Piston Engine Oils Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 32 Hydraulic Fluids Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 33 Other Aerospace Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 34 Lubricants Market, by Region, 2023 & 2030 (USD Million)
Figure 35 North America Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 36 U.S. Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 37 Canada Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 38 Mexico Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 39 Europe Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 40 Germany Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 41 UK Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 42 Switzerland Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 43 France Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 44 Italy Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 45 Spain Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 46 Netherlands Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 47 Russia Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 48 Asia-Pacific Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 49 China Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 50 India Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Fig.51 Japan Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 52 South Korea Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 53 Malaysia Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 54 Indonesia Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 55 Vietnam Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 56 Australia Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 57 New Zealand Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 58 Kyrgyzstan Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 59 Central and South America Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 60 Brazil Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 61 Argentina Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 62 Chile Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 63 Colombia Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 64 Middle East & Africa Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 65 Iran Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 66 Oman Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 67 UAE Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 68 Qatar Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 69 Kuwait Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 70 Saudi Arabia Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 71 South Africa Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 72 Angola Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 73 Nigeria Lubricants Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)

Companies Mentioned

  • ExxonMobil Corp.
  • Royal Dutch Shell Co.
  • British Petroleum
  • Total S.A.
  • Chevron Corporation
  • Funchs Group
  • Pennzoil
  • Amsoil Inc
  • Philips 66 Company
  • Valvoline LLC
  • Castrol
  • PetroChina
  • Sinopec Corp
  • Idemitsu Kosan Co. Ltd
  • Lukoil
  • JX Nippon Oil & Energy Corporation
  • Petrobras
  • Petronas Lubricant International
  • Quaker Chemical Corp
  • PetroFer Chemie
  • Zeller Gmelin GmbH & Co. KG
  • Buhmwoo Chemical Co. Ltd
  • Blaser Swisslube Inc

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedDecember 2023
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 139.44 Billion
Forecasted Market Value ( USD ) by 2030 $ 180.21 Billion
Compound Annual Growth Rate3.7%
Regions CoveredGlobal
No. of Companies Mentioned23

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