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Aviation Lubricants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 145 Pages
  • April 2022
  • Region: Global
  • IMARC Group
  • ID: 5577991
The global aviation lubricants market reached a value of US$ 1.95 billion in 2021. Looking forward, the market is projected to reach US$ 2.86 billion by 2027, exhibiting a CAGR of 6.99% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor.



Aircraft comprises numerous moving parts that are associated with the propulsion system. As a result, there is a rise in the utilization of aviation lubricants to eliminate friction between these metal parts and function across a wide temperature range. They also assist in reducing their wear and tear and improving the energy efficiency of an aircraft. Besides this, they help prevent deposit formation and protect engine parts, such as elastomeric seals, O-rings, gaskets, and other seals, from corrosion. They generally contain antioxidants, metal deactivators, anti-corrosion and -foaming additives, viscosity index improvers, boundary lubrication additives.

Aviation Lubricants Market Trends


Over the years, traveling via air has become more accessible to people on account of the easy availability of affordable flights and the increased frequency of flights as well as the connectivity of airports. In line with this, airlines are expanding their operating hours and commercial fleets, particularly in emerging economies, to increase profitability. This represents one of the leading factors driving the sales of aviation lubricants across the globe. Moreover, with the onset of the coronavirus disease (COVID-19), the aviation industry experienced slack on account of the implementation of travel restrictions and complete lockdown in numerous countries worldwide. However, the demand for aviation lubricants remained constant as airplanes with infrequent use also require corrosion protection. Apart from this, there is a rise in the use of synthetic lubricants as they ensure thermal stability and offer better performance in extreme weather conditions. Some of the other factors projected to strengthen the growth of the market include the escalating need to improve the fuel economy, stringent fuel emission norms and the rising air passenger traffic.

Key Market Segmentation


This report provides an analysis of the key trends in each sub-segment of the global aviation lubricants market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on type, technology, platform and End-user.

Breakup by Type:

  • Hydraulic Fluid
  • Engine Oil
  • Grease
  • Special Lubricants and Additives

Breakup by Technology:

  • Mineral-based
  • Synthetic

Breakup by Platform:

  • Commercial Aviation
  • Military Aviation
  • Business and General Aviation

Breakup by End-user:

  • OEM
  • Aftermarket

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape


The competitive landscape of the industry has also been examined along with the profiles of the key players being Aerospace Lubricants Inc., Eastman Chemical Company, Exxon Mobil Corporation, Whitmore Manufacturing LLC, Lanxess AG, Lukoil, Nyco, Nye Lubricants Inc. (Fuchs Petrolub SE), Rocol (Illinois Tool Works Inc.), Royal Dutch Shell plc, Tecsia Lubricants Pte Ltd and The Chemours Company.

Key Questions Answered in This Report

  • How has the global aviation lubricants market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global aviation lubricants market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the platform?
  • What is the breakup of the market based on the End-user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global aviation lubricants market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Aviation Lubricants Market

What is the estimated value of the Global Aviation Lubricants Market?

The Global Aviation Lubricants Market was estimated to be valued at $1.95 Billion in 2021.

What is the growth rate of the Global Aviation Lubricants Market?

The growth rate of the Global Aviation Lubricants Market is 6.5%, with an estimated value of $2.86 Billion by 2027.

What is the forecasted size of the Global Aviation Lubricants Market?

The Global Aviation Lubricants Market is estimated to be worth $2.86 Billion by 2027.

Who are the key companies in the Global Aviation Lubricants Market?

Key companies in the Global Aviation Lubricants Market include Aerospace Lubricants Inc., Eastman Chemical Company, Exxon Mobil Corporation, Whitmore Manufacturing LLC, Lanxess AG, Lukoil, Nyco, Nye Lubricants Inc. (Fuchs Petrolub SE) and Royal Dutch Shell plc.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Aviation Lubricants Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Hydraulic Fluid
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Engine Oil
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Grease
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Special Lubricants and Additives
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Technology
7.1 Mineral-based
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Synthetic
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Platform
8.1 Commercial Aviation
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Military Aviation
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Business and General Aviation
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by End User
9.1 OEM
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Aftermarket
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Aerospace Lubricants Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Eastman Chemical Company
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Exxon Mobil Corporation
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Lanxess AG
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Lukoil
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Nyco
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Nye Lubricants Inc. (Fuchs Petrolub SE)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Rocol (Illinois Tool Works Inc.)
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Royal Dutch Shell plc
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.10 Tecsia Lubricants Pte Ltd
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 The Chemours Company
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Whitmore Manufacturing LLC
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Aviation Lubricants Market: Major Drivers and Challenges
Figure 2: Global: Aviation Lubricants Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Aviation Lubricants Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Aviation Lubricants Market: Breakup by Type (in %), 2021
Figure 5: Global: Aviation Lubricants Market: Breakup by Technology (in %), 2021
Figure 6: Global: Aviation Lubricants Market: Breakup by Platform (in %), 2021
Figure 7: Global: Aviation Lubricants Market: Breakup by End User (in %), 2021
Figure 8: Global: Aviation Lubricants Market: Breakup by Region (in %), 2021
Figure 9: Global: Aviation Lubricants (Hydraulic Fluid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Aviation Lubricants (Hydraulic Fluid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Aviation Lubricants (Engine Oil) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Aviation Lubricants (Engine Oil) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Aviation Lubricants (Grease) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Aviation Lubricants (Grease) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Aviation Lubricants (Special Lubricants and Additives) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Aviation Lubricants (Special Lubricants and Additives) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Aviation Lubricants (Mineral-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Aviation Lubricants (Mineral-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Aviation Lubricants (Synthetic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Aviation Lubricants (Synthetic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Aviation Lubricants (Commercial Aviation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Aviation Lubricants (Commercial Aviation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Aviation Lubricants (Military Aviation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Aviation Lubricants (Military Aviation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Aviation Lubricants (Business and General Aviation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Aviation Lubricants (Business and General Aviation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Aviation Lubricants (OEM) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Aviation Lubricants (OEM) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Aviation Lubricants (Aftermarket) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Aviation Lubricants (Aftermarket) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: North America: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: North America: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: United States: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: United States: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Canada: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Canada: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Asia-Pacific: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Asia-Pacific: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: China: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: China: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Japan: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Japan: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: India: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: India: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: South Korea: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: South Korea: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Australia: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Australia: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Indonesia: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Indonesia: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Others: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Others: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Europe: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Europe: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Germany: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Germany: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: France: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: France: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: United Kingdom: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: United Kingdom: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Italy: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Italy: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Spain: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Spain: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Russia: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Russia: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Latin America: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Latin America: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Brazil: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Brazil: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Mexico: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Mexico: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Middle East and Africa: Aviation Lubricants Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Middle East and Africa: Aviation Lubricants Market: Breakup by Country (in %), 2021
Figure 79: Middle East and Africa: Aviation Lubricants Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Global: Aviation Lubricants Industry: SWOT Analysis
Figure 81: Global: Aviation Lubricants Industry: Value Chain Analysis
Figure 82: Global: Aviation Lubricants Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Aviation Lubricants Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Aviation Lubricants Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Aviation Lubricants Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Aviation Lubricants Market Forecast: Breakup by Platform (in Million US$), 2022-2027
Table 5: Global: Aviation Lubricants Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Aviation Lubricants Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Aviation Lubricants Market: Competitive Structure
Table 8: Global: Aviation Lubricants Market: Key Players

Companies Mentioned

  • Aerospace Lubricants Inc.
  • Eastman Chemical Company
  • Exxon Mobil Corporation
  • Whitmore Manufacturing LLC
  • Lanxess AG
  • Lukoil
  • Nyco
  • Nye Lubricants Inc. (Fuchs Petrolub SE)
  • Rocol (Illinois Tool Works Inc.)
  • Royal Dutch Shell plc
  • Tecsia Lubricants Pte Ltd
  • The Chemours Company

Methodology

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