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Hydraulic Fluids Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    Report

  • 208 Pages
  • December 2024
  • Region: Global
  • Fairfield Market Research
  • ID: 6036191
Description Jump to:
The global hydraulic fluids market is on track to grow from $8.46 billion in 2024 to $10.60 billion by 2031, expanding at a CAGR of 3.3%. Hydraulic fluids are critical for powering hydraulic machinery, lubricating components, and ensuring efficient operation across diverse industries, including manufacturing, construction, agriculture, automotive, and aerospace.

The hydraulic fluids market is driven by industrialization, technological advancements, and increasing environmental awareness. As industries demand higher performance and sustainable solutions, the market is witnessing a shift towards biodegradable and eco-friendly hydraulic fluids. Innovations in fluid formulations and integration of smart technologies are shaping the market landscape.

Key trends include:

  • Adoption of advanced hydraulic fluids offering wear protection, thermal stability, and compatibility with modern systems.
  • Emphasis on real-time monitoring and diagnostics for enhanced operational efficiency.
  • Rising focus on bio-based hydraulic fluids, reflecting the global commitment to sustainability.

Market Growth Drivers

Growing Industrial Applications

  • The increasing adoption of hydraulic systems in construction, agriculture, and manufacturing is a primary growth driver. Hydraulic fluids are essential for powering machinery and enhancing productivity in these sectors.

Environmental Regulations and Sustainability

  • Stringent environmental regulations are encouraging the adoption of biodegradable and eco-friendly hydraulic fluids, aligning with global sustainability goals.

Technological Advancements

  • High-performance hydraulic fluids with improved wear protection, thermal stability, and extended service life are driving market growth. Innovations in fluid technology are catering to the evolving demands of industries.

Market Restraints

Shift to Synthetic Oils

  • While synthetic oils offer advanced properties, their higher production costs present challenges for widespread adoption. Balancing performance benefits with affordability remains critical.

Regulatory and Economic Challenges

  • Fluctuating raw material prices and compliance with stringent environmental standards pose hurdles. Economic conditions affecting key industries like construction and manufacturing can also impact market demand.

Opportunities

Bio-based Hydraulic Fluids

  • Rising awareness of environmental sustainability is boosting demand for bio-based hydraulic fluids. These products, derived from renewable sources, offer eco-friendly alternatives to traditional mineral-based fluids.

Technological Innovations

  • Integration of smart technologies for real-time system monitoring and diagnostics is creating opportunities for manufacturers to offer value-added solutions.

Regional Expansion

  • Emerging markets in South Asia and Oceania present significant growth potential. Increased infrastructure development and adoption of hydraulic machinery in these regions provide opportunities for market players.

Regional Analysis

East Asia

  • Countries like China and Japan are driving market growth with their robust manufacturing sectors and infrastructural advancements. The adoption of eco-friendly hydraulic fluids is aligned with the region’s sustainability goals.

North America

  • North America maintains a strong market presence due to advancements in hydraulic fluid technologies and a focus on energy efficiency. The retrofitting of existing machinery with advanced fluids is a key growth driver.

South Asia and Oceania

  • Rapid industrialization and infrastructure development in countries like India and Australia are creating demand for hydraulic fluids. The region’s emphasis on sustainability and eco-friendly solutions offers growth opportunities.

Competitive Analysis

The hydraulic fluids market is highly competitive, with key players focusing on innovation, product differentiation, and strategic partnerships to strengthen their market positions.

Key Companies Profiled

  • Royal Dutch Shell Plc
  • SINOPEC Limited
  • BASF SE
  • Total SA
  • ExxonMobil Corporation
  • Chevron Corporation
  • BP Plc
  • Bechem Lubrication

Hydraulic Fluids Market Segmentation

By Base Oil:

  • Mineral Oil
  • Synthetic Oil
  • Bio-based Oil

By Sales Channel:

  • OEM
  • Aftermarket

By End-Use Industry:

  • Construction
  • Oil & Gas
  • Metal & Mining
  • Automotive and Transportation
  • Agriculture

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

This product will be delivered within 1-3 business days.

Table of Contents

1. Executive Summary
1.1. Global Hydraulic Fluids Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Production Output and Trade Statistics, 2019 - 2023
3.1. Global Hydraulic Fluids, Production Output, by Region, 2019 - 2023
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. Middle East & Africa
4. Global Hydraulic Fluids Market Outlook, 2019 - 2031
4.1. Global Hydraulic Fluids Market Outlook, by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
4.1.1. Key Highlights
4.1.1.1. Mineral Oil
4.1.1.2. Synthetic Oil
4.1.1.3. Bio-based Oil
4.2. Global Hydraulic Fluids Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
4.2.1. Key Highlights
4.2.1.1. OEM
4.2.1.2. Aftermarket
4.3. Global Hydraulic Fluids Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
4.3.1. Key Highlights
4.3.1.1. Construction
4.3.1.2. Oil & Gas
4.3.1.3. Metal & mining
4.3.1.4. Automotive and Transportation
4.3.1.5. Agriculture
4.3.1.6. Others
4.4. Global Hydraulic Fluids Market Outlook, by Region, Volume (Tons) and Value (US$ Bn), 2019 - 2031
4.4.1. Key Highlights
4.4.1.1. North America
4.4.1.2. Europe
4.4.1.3. Asia Pacific
4.4.1.4. Latin America
4.4.1.5. Middle East & Africa
5. North America Hydraulic Fluids Market Outlook, 2019 - 2031
5.1. North America Hydraulic Fluids Market Outlook, by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
5.1.1. Key Highlights
5.1.1.1. Mineral Oil
5.1.1.2. Synthetic Oil
5.1.1.3. Bio-based Oil
5.2. North America Hydraulic Fluids Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
5.2.1. Key Highlights
5.2.1.1. OEM
5.2.1.2. Aftermarket
5.3. North America Hydraulic Fluids Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
5.3.1. Key Highlights
5.3.1.1. Construction
5.3.1.2. Oil & Gas
5.3.1.3. Metal & mining
5.3.1.4. Automotive and Transportation
5.3.1.5. Agriculture
5.3.1.6. Others
5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. North America Hydraulic Fluids Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2019 - 2031
5.4.1. Key Highlights
5.4.1.1. U.S. Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
5.4.1.2. U.S. Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
5.4.1.3. U.S. Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
5.4.1.4. Canada Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
5.4.1.5. Canada Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
5.4.1.6. Canada Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Europe Hydraulic Fluids Market Outlook, 2019 - 2031
6.1. Europe Hydraulic Fluids Market Outlook, by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.1.1. Key Highlights
6.1.1.1. Mineral Oil
6.1.1.2. Synthetic Oil
6.1.1.3. Bio-based Oil
6.2. Europe Hydraulic Fluids Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.2.1. Key Highlights
6.2.1.1. OEM
6.2.1.2. Aftermarket
6.3. Europe Hydraulic Fluids Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.3.1. Key Highlights
6.3.1.1. Construction
6.3.1.2. Oil & Gas
6.3.1.3. Metal & mining
6.3.1.4. Automotive and Transportation
6.3.1.5. Agriculture
6.3.1.6. Others
6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Europe Hydraulic Fluids Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1. Key Highlights
6.4.1.1. Germany Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.2. Germany Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.3. Germany Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.4. U.K. Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.5. U.K. Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.6. U.K. Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.7. France Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.8. France Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.9. France Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.10. Italy Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.11. Italy Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.12. Italy Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.13. Turkey Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.14. Turkey Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.15. Turkey Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.16. Russia Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.17. Russia Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.18. Russia Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.19. Russia Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.20. Rest of Europe Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.1.21. Rest of Europe Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Asia Pacific Hydraulic Fluids Market Outlook, 2019 - 2031
7.1. Asia Pacific Hydraulic Fluids Market Outlook, by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.1.1. Key Highlights
7.1.1.1. Mineral Oil
7.1.1.2. Synthetic Oil
7.1.1.3. Bio-based Oil
7.2. Asia Pacific Hydraulic Fluids Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.2.1. Key Highlights
7.2.1.1. OEM
7.2.1.2. Aftermarket
7.3. Asia Pacific Hydraulic Fluids Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.3.1. Key Highlights
7.3.1.1. Construction
7.3.1.2. Oil & Gas
7.3.1.3. Metal & mining
7.3.1.4. Automotive and Transportation
7.3.1.5. Agriculture
7.3.1.6. Others
7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Asia Pacific Hydraulic Fluids Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1. Key Highlights
7.4.1.1. China Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.2. China Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.3. China Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.4. Japan Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.5. Japan Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.6. Japan Hydraulic Fluids Market End-use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.7. South Korea Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.8. South Korea Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.9. South Korea Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.10. India Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.11. India Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.12. India Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.13. Southeast Asia Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.14. Southeast Asia Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.15. Southeast Asia Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.16. Rest of Asia Pacific Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.17. Rest of Asia Pacific Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.1.18. Rest of Asia Pacific Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Latin America Hydraulic Fluids Market Outlook, 2019 - 2031
8.1. Latin America Hydraulic Fluids Market Outlook, by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.1.1. Key Highlights
8.1.1.1. Mineral Oil
8.1.1.2. Synthetic Oil
8.1.1.3. Bio-based Oil
8.2. Latin America Hydraulic Fluids Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.2.1.1. OEM
8.2.1.2. Aftermarket
8.3. Latin America Hydraulic Fluids Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.3.1. Key Highlights
8.3.1.1. Construction
8.3.1.2. Oil & Gas
8.3.1.3. Metal & mining
8.3.1.4. Automotive and Transportation
8.3.1.5. Agriculture
8.3.1.6. Others
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Latin America Hydraulic Fluids Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1. Key Highlights
8.4.1.1. Brazil Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1.2. Brazil Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1.3. Brazil Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1.4. Mexico Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1.5. Mexico Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1.6. Mexico Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1.7. Argentina Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1.8. Argentina Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1.9. Argentina Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1.10. Rest of Latin America Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1.11. Rest of Latin America Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.1.12. Rest of Latin America Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Middle East & Africa Hydraulic Fluids Market Outlook, 2019 - 2031
9.1. Middle East & Africa Hydraulic Fluids Market Outlook, by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.1.1. Key Highlights
9.1.1.1. Mineral Oil
9.1.1.2. Synthetic Oil
9.1.1.3. Bio-based Oil
9.2. Middle East & Africa Hydraulic Fluids Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.2.1. Key Highlights
9.2.1.1. OEM
9.2.1.2. Aftermarket
9.3. Middle East & Africa Hydraulic Fluids Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.3.1. Key Highlights
9.3.1.1. Construction
9.3.1.2. Oil & Gas
9.3.1.3. Metal & mining
9.3.1.4. Automotive and Transportation
9.3.1.5. Agriculture
9.3.1.6. Others
9.3.2. BPS Analysis/Market Attractiveness Analysis
9.4. Middle East & Africa Hydraulic Fluids Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1. Key Highlights
9.4.1.1. GCC Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.2. GCC Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.3. GCC Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.4. South Africa Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.5. South Africa Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.6. South Africa Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.7. Egypt Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.8. Egypt Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.9. Egypt Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.10. Egypt Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.11. Nigeria Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.12. Nigeria Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.13. Rest of Middle East & Africa Hydraulic Fluids Market by Base Oil, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.14. Rest of Middle East & Africa Hydraulic Fluids Market Sales Channel, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.1.15. Rest of Middle East & Africa Hydraulic Fluids Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
9.4.2. BPS Analysis/Market Attractiveness Analysis
10. Competitive Landscape
10.1. End Use Industry vs Sales Channel Heatmap
10.2. Manufacturer vs Sales Channel Heatmap
10.3. Company Market Share Analysis, 2023
10.4. Competitive Dashboard
10.5. Company Profiles
10.5.1. Shell plc
10.5.1.1. Company Overview
10.5.1.2. Product Portfolio
10.5.1.3. Financial Overview
10.5.1.4. Business Strategies and Development
10.5.2. Exxon Mobil Corporation
10.5.3. Chevron Corporation
10.5.4. BP p.l.c.
10.5.5. TotalEnergies
10.5.6. PetroChina Company Limited
10.5.7. China Petrochemical Corporation (SINOPEC)
10.5.8. FUCHS
10.5.9. Valvoline
10.5.10. NYCO
10.5.11. Idemitsu Kosan Co., Ltd.
10.5.12. Dow
10.5.13. Eastman Chemical Company
10.5.14. LUKOIL
10.5.15. Gazprommeft - Lubricants Ltd
11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations

Companies Mentioned

  • Royal Dutch Shell Plc
  • SINOPEC Limited
  • BASF SE
  • Total SA
  • Lukoil Lubricants
  • DMCC
  • Exxonmobil Corporation
  • Chevron Corporation
  • BP Plc
  • Bechem Lubrication

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