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U.S. Industrial Lubricants Market - Industry Outlook and Forecast 2022-2027

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  • 189 Pages
  • August 2022
  • Region: United States
  • Arizton
  • ID: 5646767
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The U.S. industrial lubricants market is evolving to cater to customers' changing needs and preferences. Industrial lubricants were used to prevent corrosion, reduce friction, and offer cooling effects to equipment. However, with advancements in technology, the U.S. lubricants market now offers extended benefits such as it reduces the interval for changing oil, increasing the equipment life of the machine, emitting low carbon, and reducing the equipment maintenance cost. The industry has undergone significant changes due to the recent developments, evolving needs, and preferences of customers.

Due to rising environmental concerns and stringent governmental regulations, the demand for bio-based lubricants manufactured from bio-based oil is growing, contributing to the growth of the U.S. industrial lubricants market. U.S. industrial lubricants are manufactured to protect machines and equipment from wear and tear, reduce downtime, prolong service intervals, and lower maintenance costs. Further, the South region is expected to continue to dominate the industrial lubricant market due to the high penetration of manufacturing units such as manufacturing, construction, chemical, and oil & gas.


Growth In Renewable Energy Sector

The U.S. is rapidly working towards transforming power generation. Due to environmental and climatic changes, shifting from carbon-based petroleum derivatives to cleaner alternative energy sources is mandated. With the increasing effects of greenhouse gases and growing awareness about net zero emission and climate change risk, there is significant growth in the renewable energy sector.

Industrial lubricants are used in almost every renewable energy generating power, such as wind, hydroelectric, and solar power plants. Using lubricants highly increases efficiency and allows for low power loss, less breakdown time, and low maintenance, resulting in increased productivity and service life. Hence it is highly used in renewable energy plants, which further contributes to the growth of the U.S. industrial lubricants market.

Increasing Use Of High-Performance Lubricants

These high-performance lubricants include added additives such as extreme pressure additive, friction modifier, pour point depressants, emulsifiers, and tackifiers, among others. They perform better in high and low operating temperatures, dust, damp, or exceptional environmental conditions. High-performance lubricants maintain the servicing cycle of machines and equipment, resulting in less manufacturing cost. These high-performance lubricants can be used in machines and equipment subjected to moisture, such as conveying systems, packaging machines, and automatic filling machines. Due to better dust resistance, they can also be used in chains used in dusty environments.


Environmental Concerns Associated With Use And Disposal Of Industrial Lubricants.

Lubricants are a highly regulated industry where public health and environmental protection is the main driver. Focusing on carbon footprint as well as sustainable development has contributed to the strict regulations regarding the use of industrial lubricants. Lubricants available in the industry are produced from mineral oil. The biodegradability of mineral oils is very low. Hence, used lubricants cause environmental pollution. These used lubricants cannot be directly combusted without pre-treatment as they are subjected to environmental restrictions. Since these lubricants may contain toxic and hazardous residues such as metal and metalloid particles, chlorinated compounds may be released into the atmosphere.



Industrial lubricants are used in various industries for a wide range of applications such as reducing friction, increasing efficiency, reducing wear, maintaining the temperature, and increasing the service life of the machinery. The U.S. industrial lubricants market is classified into four product types industrial oil, metalworking fluids, process oils, and greases.

The industrial oil segment is estimated to be the largest segment in U.S. industrial lubricants market. The oil used for lubrication in industrial machinery and equipment is called industrial oil. All industrial oils consist of base oils such as mineral oil, synthetic oil, or bio-based oil. Industrial oils include hydraulic fluid, compressor oil, refrigeration oil, cylinder oil, spindle oil, and transformer oil. Industrial oils are used to improve the performance of industrial machinery and equipment and protect them against damage during operations.


The manufacturing industry is estimated to be the major end-user in the U.S. industrial lubricants market. Lubricants are used in manufacturing, power generation, metal & mining, and construction industries. High growth in the metal & mining, and power generation industry is one of the main drivers for growth in the U.S industrial lubricants market. As in the power generation industry, industrial lubricants are widely used in power generation plants such as coal power plants, gas turbine power plants, hydroelectric power plants, natural gas engines, nuclear energy power plants, and wind energy plants.

Segmentation by Product Type

  • Industrial Oil
  • Metalworking Fluid
  • Process Oil
  • Grease

Segmentation by End-Use

  • Manufacturing
  • Power Generation
  • Metal & Mining
  • Construction
  • Others


The Western, South, Midwest, and Northeast are four key regions in which the U.S. industrial lubricants market is divided and their corresponding regions. The geographical segment examines demand & supply side aspects impacting the industrial market and critical factors affecting the industry throughout the forecast period, such as drivers, constraints, opportunities & future trends. Political, sociological, and technical also impact the U.S. industrial lubricants market.

The South region is the largest industry for industrial lubricants in the US. This region consists of major manufacturing states such as Texas, North Carolina, and Florida. The demand for lubricants in the Southern U.S. is driven by strict emission regulations and the growing sustainability trend. In addition, the booming automotive, manufacturing, and construction industries also support the U.S. industrial lubricants market growth.

Segmentation by Geography

  • The U.S.
  • South
  • Texas
  • Florida
  • West
  • California
  • Arizona
  • Midwest
  • Ohio
  • Indiana
  • Northeast
  • New York
  • New Jersey


The competitive scenario in the U.S. industrial lubricants market is currently intensifying. In the industrial lubricants market, the initial capital investment is very high in terms of setting up a manufacturing plant and developing a supply chain network. In addition, there are many well-established players in the lubricants industry, and producing industrial lubricants from crude oil and other additives is a very complex process.

The U.S. industrial lubricants market consists of major global multinational players such as Shell plc (UK), ExxonMobil Corporation (US), Chevron Corporation (US), Valvoline (US), and Phillips 66 Company (US) in the lubricants industry. The major players focus on innovation, product diversification & entering new industries.

The rapidly changing industry scenario with an increasing emphasis on sustainability is expected to provide growth opportunities to vendors. Chevron Corporation is a US-based multinational company founded in 1879 and headquartered in California, the U.S. In the coming years, the company aims to become one of the top renewable energy producers globally. Hence, the company is highly investing in solar and wind power, which would help increase energy storage.

Key Vendors

  • Shell plc
  • Exxon Mobil Corporation
  • Chevron Corporation
  • Valvoline
  • Phillips 66 Company

Other Prominent Vendors

  • Clariant
  • Castrol Limited
  • DuBois Chemicals
  • ENI
  • Gulf Oil International Limited
  • Klüber Lubrication
  • Motul
  • Morris Lubricants
  • Petro-Florida
  • Petronas Lubricants International
  • Petro Canada Lubricants Inc.
  • Renewable Lubricants
  • Repsol
  • Total Energies


1. How much is the U.S. industrial lubricants market worth?
2. What is the U.S. industrial lubricants market growth rate?
3. Who are the key players in the industrial lubricants market in the U.S?
4. What are the major factors driving the U.S. industrial lubricants market?
5. Which region holds the U.S. industrial lubricants market share?

Table of Contents

1 Research Methodology2 Research Objectives3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of the Study
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Premium Insights
7.1 US Industrial Lubricants Markets - Country Forecast (2022-2027)
7.1.1 Market Overview
7.2 Market Synopsis
7.2.1 Trend
7.2.2 Driver
7.2.3 Restraint
7.3 Segment Review
7.3.1 Companies & Strategies
8 Introduction
8.1 Overview
8.2 Value Chain Analysis
8.2.1 Raw Material Suppliers
8.2.2 Manufacturers
8.2.3 Distributors
8.2.4 End-Users
9 Market Opportunities & Trends
9.1 Trend of Bio-Based Lubricants
9.2 Increased Use of Renewable Energy
9.3 Automation of Industrial Processes
10 Market Growth Enablers
10.1 Increased Use of High-Performance Lubricants
10.2 New-Age Manufacturing & Construction Activities
11 Market Restraints
11.1 Fluctuations in Crude Oil Prices
11.2 Environmental Concerns Associated with Use & Disposal of Industrial Lubricants
12 Market Landscape
12.1 Market Overview
12.2 Market Size & Forecast
12.3 Five Forces Analysis
12.3.1 Threat of New Entrants
12.3.2 Bargaining Power of Suppliers
12.3.3 Bargaining Power of Buyers
12.3.4 Threat of Substitutes
12.3.5 Competitive Rivalry
13 Product Type
13.1 Market Snapshot & Growth Engine (Value)
13.2 Market Snapshot & Growth Engine (Volume)
13.3 Market Overview
13.4 Industrial Oil
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.4.3 Market by Geography
13.5 Metalworking Fluids
13.5.1 Market Overview
13.5.2 Market Size & Forecast
13.5.3 Market by Geography
13.6 Process Oil
13.6.1 Market Overview
13.6.2 Market Size & Forecast
13.6.3 Market by Geography
13.7 Grease
13.7.1 Market Overview
13.7.2 Market Size & Forecast
13.7.3 Market by Geography
14 End-Use
14.1 Market Snapshot & Growth Engine (Value)
14.2 Market Snapshot & Growth Engine (Volume)
14.3 Market Overview
14.4 Manufacturing
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.4.3 Market by Geography
14.5 Power Generation
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.5.3 Market by Geography
14.6 Metal & Mining
14.6.1 Market Overview
14.6.2 Market Size & Forecast
14.6.3 Market by Geography
14.7 Construction
14.7.1 Business Overview
14.7.2 Market Size & Forecast
14.7.3 Market by Geography
14.8 Others
14.8.1 Business Overview
14.8.2 Market Size & Forecast
14.8.3 Market by Geography
15 Region
15.1 Market Snapshot & Growth Engine
15.2 Market Snapshot & Growth Engine
15.3 Region Overview
16 South
16.1 Market Overview
16.1.1 Texas
16.1.2 Florida
16.2 Market Size & Forecast
16.3 Product Type
16.3.1 Market Size & Forecast
16.4 End-Use
16.4.1 Market Size & Forecast
17 West
17.1 Market Overview
17.1.1 California
17.1.2 Arizona
17.2 Market Size & Forecast
17.3 Product Type
17.3.1 Market Size & Forecast
17.4 End-Use
17.4.1 Market Size & Forecast
18 Midwest
18.1 Market Overview
18.1.1 Ohio
18.1.2 Indiana
18.2 Market Size & Forecast
18.3 Product Type
18.3.1 Market Size & Forecast
18.4 End-Use
18.4.1 Market Size & Forecast
19 Northeast
19.1 Market Overview
19.1.1 New York
19.1.2 New Jersey
19.2 Market Size & Forecast
19.3 Product Type
19.3.1 Market Size & Forecast
19.4 End-Use
19.4.1 Market Size & Forecast
20 Competitive Landscape
20.1 Competition Overview
21 Key Company Profiles
21.1 Chevron Corporation
21.1.1 Business Overview
21.1.2 Chevron Corporation in US Industrial Lubricants Market
21.1.3 Product Offerings
21.1.4 Key Strategies
21.1.5 Key Strengths
21.1.6 Key Opportunities
21.2 Exxon Mobil Corporation
21.2.1 Business Overview
21.2.2 Exxon Mobil Corporation in US Industrial Lubricants Market
21.2.3 Product Offerings
21.2.4 Key Strategies
21.2.5 Key Strengths
21.2.6 Key Opportunities
21.3 Phillips 66 Company
21.3.1 Business Overview
21.3.2 Phillips 66 Company in US Industrial Lubricants Market
21.3.3 Product Offerings
21.3.4 Key Strategies
21.3.5 Key Strengths
21.3.6 Key Opportunities
21.4 Shell plc
21.4.1 Business Overview
21.4.2 Shell plc in US Industrial Lubricants Market
21.4.3 Product Offerings
21.4.4 Key Strategies
21.4.5 Key Strengths
21.4.6 Key Opportunities
21.5 Valvoline Inc.
21.5.1 Business Overview
21.5.2 Valvoline Inc. in US Industrial Lubricants Market
21.5.3 Product Offerings
21.5.4 Key Strategies
21.5.5 Key Strengths
21.5.6 Key Opportunities
22 Other Prominent Vendors
22.1 Clariant
22.1.1 Business Overview
22.1.2 Product Offerings
22.2 Castrol Limited
22.2.1 Business Overview
22.2.2 Product Offerings
22.3 Dubois Chemicals
22.3.1 Business Overview
22.3.2 Product Offerings
22.4 Eni
22.4.1 Business Overview
22.4.2 Product Offerings
22.5 Fuchs
22.5.1 Business Overview
22.5.2 Product Offerings
22.6 Gulf Oil International Limited
22.6.1 Business Overview
22.6.2 Product Offerings
22.7 Klüber Lubrication
22.7.1 Business Overview
22.7.2 Product Offerings
22.8 Motul
22.8.1 Business Overview
22.8.2 Product Offerings
22.9 Morris Lubricants
22.9.1 Business Overview
22.9.2 Product Offerings
22.10 Petro-Florida, Inc.
22.10.1 Business Overview
22.10.2 Product Offerings
22.11 Petronas Lubricants International
22.11.1 Business Overview
22.11.2 Product Offerings
22.12 Petro Canada Lubricants Inc.
22.12.1 Business Overview
22.12.2 Product Offerings
22.13 Renewable Lubricants, Inc.
22.13.1 Business Overview
22.13.2 Product Offerings
22.14 Repsol
22.14.1 Business Overview
22.14.2 Product Offerings
22.15 Sinopec
22.15.1 Business Overview
22.15.2 Product Offerings
22.16 Totalenergies Se
22.16.1 Business Overview
22.16.2 Product Offerings
23 Report Summary
23.1 Key Takeaways
23.2 Strategic Recommendations
24 Quantitative Summary
24.1 Product Type
24.1.1 Industrial Oil (Value)
24.1.2 Industrial Oil (Volume)
24.1.3 Metalworking Fluids (Value)
24.1.4 Metalworking Fluids (Volume)
24.1.5 Process Oil (Value)
24.1.6 Process Oil (Volume)
24.1.7 Grease (Value)
24.1.8 Grease (Volume)
24.2 End-Use
24.2.1 Manufacturing (Value)
24.2.2 Manufacturing (Volume)
24.2.3 Power Generation (Value)
24.2.4 Power Generation (Volume)
24.2.5 Metal & Mining (Value)
24.2.6 Metal & Mining (Volume)
24.2.7 Construction (Value)
24.2.8 Construction (Volume)
24.2.9 Others (Value)
24.2.10 Others (Volume)
25 Appendix
25.1 Abbreviations

Companies Mentioned

  • Shell plc
  • Exxon Mobil Corporation
  • Chevron Corporation
  • Valvoline
  • Phillips 66 Company
  • Clariant
  • Castrol Limited
  • DuBois Chemicals
  • ENI
  • Gulf Oil International Limited
  • Klüber Lubrication
  • Motul
  • Morris Lubricants
  • Petro-Florida
  • Petronas Lubricants International
  • Petro Canada Lubricants Inc.
  • Renewable Lubricants
  • Repsol
  • Total Energies


Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.

Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.