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World Lubricants
Growth in the world lubricant market will total 2% annually through 2019, reaching 45.4 million metric tons. Gains will be fueled by expansion in motor vehicle ownership and manufacturing output in developing regions. However, volume growth in mature markets will be limited by saturated motor vehicle markets and lengthening drain intervals.
This report segments the world lubricants industry by product, market, and region. Data are provided in metric tons.
Lubricant products include:
Engine oils
Hydraulic oils
Metalworking fluids
Process oils
Other
Engine oils will remain the largest of these through 2019, accounting for 47% of the market. Fastest growth will be for process oils, driven by growth in the manufacture of tires and various other goods such as electrical transformers.
Major lubricant markets include:
Motor vehicle aftermarket
Manufacturing
Other
The motor vehicle aftermarket was the leading outlet in 2014, accounting for 39% of demand. The most rapid gains through 2019 are forecast for the Other Markets category, which includes such industries as agriculture, mining, construction, and oil and gas drilling.
Historical demand and forecasts for 23 countries in the following regions are covered in this report:
North America
Western Europe
Asia/Pacific
Central & South America
Eastern Europe
Africa/Mideast
The Asia/Pacific region will see the strongest advances among world regions through 2019. Lubricant demand in China will surpass that of the United States as personal vehicle ownership and manufacturing activity in China expands.
Hundreds of companies manufacture lubricants worldwide, ranging in size from small, independent operations to multinational oil conglomerates. However, market share is concentrated among top suppliers. Producers covered in this study include BP, Chevron, Exxon Mobil, FUCHS Petrolub, Idemitsu Kosan, JX Nippon Oil, Lukoil, PetroChina, Rosneft, Shell, Sinopec, and Total.
Growth in the world lubricant market will total 2% annually through 2019, reaching 45.4 million metric tons. Gains will be fueled by expansion in motor vehicle ownership and manufacturing output in developing regions. However, volume growth in mature markets will be limited by saturated motor vehicle markets and lengthening drain intervals.
This report segments the world lubricants industry by product, market, and region. Data are provided in metric tons.
Lubricant products include:
Engine oils
Hydraulic oils
Metalworking fluids
Process oils
Other
Engine oils will remain the largest of these through 2019, accounting for 47% of the market. Fastest growth will be for process oils, driven by growth in the manufacture of tires and various other goods such as electrical transformers.
Major lubricant markets include:
Motor vehicle aftermarket
Manufacturing
Other
The motor vehicle aftermarket was the leading outlet in 2014, accounting for 39% of demand. The most rapid gains through 2019 are forecast for the Other Markets category, which includes such industries as agriculture, mining, construction, and oil and gas drilling.
Historical demand and forecasts for 23 countries in the following regions are covered in this report:
North America
Western Europe
Asia/Pacific
Central & South America
Eastern Europe
Africa/Mideast
The Asia/Pacific region will see the strongest advances among world regions through 2019. Lubricant demand in China will surpass that of the United States as personal vehicle ownership and manufacturing activity in China expands.
Hundreds of companies manufacture lubricants worldwide, ranging in size from small, independent operations to multinational oil conglomerates. However, market share is concentrated among top suppliers. Producers covered in this study include BP, Chevron, Exxon Mobil, FUCHS Petrolub, Idemitsu Kosan, JX Nippon Oil, Lukoil, PetroChina, Rosneft, Shell, Sinopec, and Total.
Note: Product cover images may vary from those shown
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- I. EXECUTIVE SUMMARY
- II. MARKET ENVIRONMENT
- General
- World Population Outlook
- Macroeconomic Outlook
- Recent Historical Trends
- World Economic Outlook
- World Manufacturing Outlook
- World Fixed Investment Overview
- World Motor Vehicle Outlook
- World Motor Vehicle Park
- World Motor Vehicle Production
- World Hybrid & Electric Vehicle Outlook
- Motor Vehicle Design Technology
- Gasoline Engines
- Diesel Engines
- Alternative Fuel Technologies
- World Oil Industry Outlook
- World Crude Oil & Natural Gas Production
- World Refined Petroleum Products Production
- Environmental & Regulatory Trends
- Lubricant Standards & Testing
- III. OVERVIEW
- General
- World Lubricant Demand by Region
- World Lubricant Demand by Formulation
- Petroleum Lubricants
- Nonconventional Lubricants
- Synthetic Lubricants
- Re-Refined Lubricants
- Bio-Based Lubricants
- World Lubricant Demand by Product
- Engine Oils
- Process Oils
- Hydraulic Fluids
- Metalworking Fluids
- Other Lubricants
- World Lubricant Demand by Market
- Motor Vehicle Aftermarket
- Light Vehicles
- Medium & Heavy Trucks & Buses
- Manufacturing
- Other Markets
- World Base Oil Trends
- Lubricant Production & Trade
- IV. NORTH AMERICA
- Economic Overview
- Products & Markets
- Market Share
- United States
- Canada
- Mexico
- V. WESTERN EUROPE
- Economic Overview
- Products & Markets
- Market Share
- Germany
- France
- Italy
- United Kingdom
- Spain
- Other Western Europe
- Netherlands
- Belgium
- All Other Western Europe
- VI. ASIA/PACIFIC
- Economic Overview
- Products & Markets
- Market Share
- China
- India
- Japan
- South Korea
- Indonesia
- Thailand
- Taiwan
- Australia
- Other Asia/Pacific
- Malaysia
- Philippines
- All Other Asia/Pacific
- VII. OTHER REGIONS
- Central & South America
- Economic Overview
- Products & Markets
- Market Share
- Brazil
- Other Central & South America
- Argentina
- Venezuela
- All Other Central & South America
- Eastern Europe
- Economic Overview
- Products & Markets
- Market Share
- Russia
- Poland
- Other Eastern Europe
- Ukraine
- All Other Eastern Europe
- Africa/Mideast
- Economic Overview
- Products & Markets
- Market Share
- Iran
- Turkey
- Egypt
- Saudi Arabia
- Other Africa/Mideast
- South Africa
- All Other Africa/Mideast
- VIII. INDUSTRY STRUCTURE
- General
- Industry Composition
- Lubricant Market Share
- Competitive Strategies
- Merger & Acquisition Activity
- Strategic Partnerships
- Refining & Blending
- Marketing & Distribution
- Company Profiles
- Anderol Specialty Lubricants, see Chemtura
- Aral, see BP
- Ashland Incorporated
- AVI-OIL India Private, see Indian Oil
- Batoyle Freedom Group, see FUCHS Petrolub
- BP plc
- Burmah Castrol, see BP
- Castrol, see BP
- Chemtura Corporation
- Chevron Corporation
- Chevron Phillips Chemical Company LLC
- China National Petroleum Corporation
- China Petroleum & Chemical Corporation
- CITGO Petroleum, see Petróleos de Venezuela
- CPC Corporation
- CPChem, see Chevron Phillips Chemical
- Deutsche Pentosin-Werke, see FUCHS Petrolub
- ENEOS ItalSing Private, see Eni and JX Holdings
- Engen Petroleum, see Petroliam Nasional Berhad
- Eni SpA
- Excel Paralubes, see Phillips 66
- Exxon Mobil Corporation
- FUCHS Petrolub SE
- Gazprom OAO
- Hatco, see Chemtura
- Houghton International Incorporated
- Hyundai and Shell Base Oil, see Royal Dutch Shell
- Iberian Lube Base Oil, see Repsol and SK Innovation
- Idemitsu Kosan Company Limited
- Imperial Oil, see Exxon Mobil
- Indian Oil Corporation Limited
- INTESMO OOO, see Lukoil Oil
- JX Holdings Incorporated
- Lukoil Oil Company
- Malaysian Refining Sdn Bhd, see Petroliam Nasional Berhad
- Mexicana de Lubricantes, see Petróleos Mexicanos
- Motiva Enterprises, see Royal Dutch Shell
- MOTOREX Langenthal, see FUCHS Petrolub
- Naftna Industrija Srbije ad, see Gazprom OAO
- NGK Slavneft OAO, see Gazprom OAO and Rosneft Oil OJSC
- Nynäs, see Petróleos de Venezuela
- OMV AG
- OPET-FUCHS Madeni Yag Sanayi ve Ticaret AS, FUCHS Petrolub
- PEMEX, see Petróleos Mexicanos
- Pertamina, see Perusahaan Pertambangan Minyak Dan Gas Bumi Negara
- Perusahaan Pertambangan Minyak Dan Gas Bumi Negara
- Petrobras, see Petróleo Brasileiro
- PetroChina Lubricant, see China National Petroleum
- Petróleo Brasileiro SA
- Petróleos de Venezuela SA
- Petróleos Mexicanos SA
- Petroliam Nasional Berhad
- Petromin Corporation
- PETRONAS, see Petroliam Nasional Berhad
- Phillips 66
- PT Patra SK, see Perusahaan Pertambangan Minyak Dan Gas Bumi Negara and SK Innovation
- Repsol SA
- Rosneft Oil Company OJSC
- Royal Dutch Shell plc
- Ruhr Oel, see BP and Rosneft Oil OJSC
- Shell Lubricants, see Royal Dutch Shell
- Sinopec Lubricant, see China Petroleum & Chemical
- SK Innovation Company Limited
- Spectrum, see Phillips 66
- Suncor Energy Incorporated
- Total SA
- Ukrtatnafta PJSC
- Valvoline, see Ashland
- Yuchai-PETRONAS Joint Venture, see Petroliam Nasional Berhad
- Yushiro Chemical Industry Company Limited
- Other Companies Mentioned in Study
- LIST OF TABLES
- SECTION I -- EXECUTIVE SUMMARY
- Summary Table
- SECTION II -- MARKET ENVIRONMENT
- 1 World Population by Region
- 2 World Gross Domestic Product by Region
- 3 World Manufacturing Value Added by Region
- 4 World Fixed Capital Investment by Region
- 5 World Motor Vehicle Park by Region
- 6 World Motor Vehicle Production by Region
- 7 World Hybrid & Electric Vehicle Demand by Region
- 8 World Oil & Gas Production by Region & Resource
- 9 Refined Petroleum Products Production
- SECTION III -- OVERVIEW
- 1 World Lubricant Demand by Region
- 2 World Lubricant Demand by Formulation
- 3 World Petroleum Lubricant Demand by Region
- 4 World Nonconventional Lubricant Demand by Region
- 5 World Lubricant Demand by Product
- 6 World Engine Oil Demand by Region
- 7 World Process Oil Demand by Region
- 8 World Hydraulic Fluid Demand by Region
- 9 World Metalworking Fluid Demand by Region
- 10 World Other Lubricants Demand by Region
- 11 World Lubricant Demand by Market
- 12 World Motor Vehicle Aftermarket Lubricant Demand
- 13 Light Vehicle Aftermarket Lubricant Demand
- 14 Medium & Heavy Trucks & Buses Aftermarket Lubricant Demand
- 15 World Manufacturing Lubricant Demand
- 16 World Other Markets Lubricant Demand
- 17 World Base Oil Demand
- SECTION IV -- NORTH AMERICA
- 1 North America: Key Indicators for Lubricants
- 2 North America: Lubricant Demand
- 3 United States: Key Indicators for Lubricants
- 4 United States: Lubricant Demand by Product & Formulation
- 5 United States: Lubricant Demand by Market
- 6 Canada: Key Indicators for Lubricants
- 7 Canada: Lubricant Demand by Product & Formulation
- 8 Canada: Lubricant Demand by Market
- 9 Mexico: Key Indicators for Lubricants
- 10 Mexico: Lubricant Demand by Product & Formulation
- 11 Mexico: Lubricant Demand by Market
- SECTION V -- WESTERN EUROPE
- 1 Western Europe: Key Indicators for Lubricants
- 2 Western Europe: Lubricant Demand
- 3 Germany: Key Indicators for Lubricants
- 4 Germany: Lubricant Demand by Product & Formulation
- 5 Germany: Lubricant Demand by Market
- 6 France: Key Indicators for Lubricants
- 7 France: Lubricant Demand by Product & Formulation
- 8 France: Lubricant Demand by Market
- 9 Italy: Key Indicators for Lubricants
- 10 Italy: Lubricant Demand by Product & Formulation
- 11 Italy: Lubricant Demand by Market
- 12 United Kingdom: Key Indicators for Lubricants
- 13 United Kingdom: Lubricant Demand by Product & Formulation
- 14 United Kingdom: Lubricant Demand by Market
- 15 Spain: Key Indicators for Lubricants
- 16 Spain: Lubricant Demand by Product & Formulation
- 17 Spain: Lubricant Demand by Market
- 18 Other Western Europe: Key Indicators for Lubricants
- 19 Other Western Europe: Lubricant Demand
- 20 Other Western Europe: Lubricant Demand by Country
- SECTION VI -- ASIA/PACIFIC
- 1 Asia/Pacific: Key Indicators for Lubricants
- 2 Asia/Pacific: Lubricant Demand
- 3 China: Key Indicators for Lubricants
- 4 China: Lubricant Demand by Product & Formulation
- 5 China: Lubricant Demand by Market
- 6 India: Key Indicators for Lubricants
- 7 India: Lubricant Demand by Product & Formulation
- 8 India: Lubricant Demand by Market
- 9 Japan: Key Indicators for Lubricants
- 10 Japan: Lubricant Demand by Product & Formulation
- 11 Japan: Lubricant Demand by Market
- 12 South Korea: Key Indicators for Lubricants
- 13 South Korea: Lubricant Demand by Product & Formulation
- 14 South Korea: Lubricant Demand by Market
- 15 Indonesia: Key Indicators for Lubricants
- 16 Indonesia: Lubricant Demand by Product & Formulation
- 17 Indonesia: Lubricant Demand by Market
- 18 Thailand: Key Indicators for Lubricants
- 19 Thailand: Lubricant Demand by Product & Formulation
- 20 Thailand: Lubricant Demand by Market
- 21 Taiwan: Key Indicators for Lubricants
- 22 Taiwan: Lubricant Demand by Product & Formulation
- 23 Taiwan: Lubricant Demand by Market
- 24 Australia: Key Indicators for Lubricants
- 25 Australia: Lubricant Demand by Product & Formulation
- 26 Australia: Lubricant Demand by Market
- 27 Other Asia/Pacific: Key Indicators for Lubricants
- 28 Other Asia/Pacific: Lubricant Demand
- 29 Other Asia/Pacific: Lubricant Demand by Country
- SECTION VII -- OTHER REGIONS
- 1 Central & South America: Key Indicators for Lubricants
- 2 Central & South America: Lubricant Demand
- 3 Brazil: Key Indicators for Lubricants
- 4 Brazil: Lubricant Demand by Product & Formulation
- 5 Brazil: Lubricant Demand by Market
- 6 Other Central & South America: Key Indicators for Lubricants
- 7 Other Central & South America: Lubricant Demand
- 8 Other Central & South America: Lubricant Demand by Country
- 9 Eastern Europe: Key Indicators for Lubricants
- 10 Eastern Europe: Lubricant Demand
- 11 Russia: Key Indicators for Lubricants
- 12 Russia: Lubricant Demand by Product & Formulation
- 13 Russia: Lubricant Demand by Market
- 14 Poland: Key Indicators for Lubricants
- 15 Poland: Lubricant Demand by Product & Formulation
- 16 Poland: Lubricant Demand by Market
- 17 Other Eastern Europe: Key Indicators for Lubricants
- 18 Other Eastern Europe: Lubricant Demand
- 19 Other Eastern Europe: Lubricant Demand by Country
- 20 Africa/Mideast: Key Indicators for Lubricants
- 21 Africa/Mideast: Lubricant Demand
- 22 Iran: Key Indicators for Lubricants
- 23 Iran: Lubricant Demand by Product & Formulation
- 24 Iran: Lubricant Demand by Market
- 25 Turkey: Key Indicators for Lubricants
- 26 Turkey: Lubricant Demand by Product & Formulation
- 27 Turkey: Lubricant Demand by Market
- 28 Egypt: Key Indicators for Lubricants
- 29 Egypt: Lubricant Demand by Product & Formulation
- 30 Egypt: Lubricant Demand by Market
- 31 Saudi Arabia: Key Indicators for Lubricants
- 32 Saudi Arabia: Lubricant Demand by Product & Formulation
- 33 Saudi Arabia: Lubricant Demand by Market
- 34 Other Africa/Mideast: Key Indicators for Lubricants
- 35 Other Africa/Mideast: Lubricant Demand
- 36 Other Africa/Mideast: Lubricant Demand by Country
- SECTION VIII -- INDUSTRY STRUCTURE
- 1 World Lubricant Sales by Company, 2014
- 2 Selected Acquisitions & Divestitures
- 3 Selected Cooperative Agreements
- LIST OF CHARTS
- SECTION III -- OVERVIEW
- 1 World Lubricant Demand by Region, 2004-2024
- 2 Lubricant Demand per Capita/GDP per Capita Relationship, 2014
- 3 World Lubricant Demand by Product, 2014
- 4 World Lubricant Demand by Market, 2014
- 5 World Share of Base Oil Demand by Type, 2004-2024
- SECTION IV -- NORTH AMERICA
- 1 North America: Lubricant Demand by Country, 2014
- 2 North America: Lubricant Market Share by Company, 2014
- SECTION V -- WESTERN EUROPE
- 1 Western Europe: Lubricant Demand by Country, 2014
- 2 Western Europe: Lubricant Market Share by Company, 2014
- SECTION VI -- ASIA/PACIFIC
- 1 Asia/Pacific: Lubricant Demand by Country, 2014
- 2 Asia/Pacific: Lubricant Market Share by Company, 2014
- SECTION VII -- OTHER REGIONS
- 1 Central & South America: Lubricant Demand by Country, 2014
- 2 Central & South America: Lubricant Market Share by Company, 2014
- 3 Eastern Europe: Lubricant Demand by Country, 2014
- 4 Eastern Europe: Lubricant Market Share by Company, 2014
- 5 Africa/Mideast: Lubricant Demand by Country, 2014
- 6 Africa/Mideast: Lubricant Market Share by Company, 2014
- SECTION VIII -- INDUSTRY STRUCTURE
- 1 World Lubricant Market Share by Company, 2014
Note: Product cover images may vary from those shown
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