Lubricants Market Scope And Analysis

  • Report Code : TIPRE00003547
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 360
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Lubricants Market Growth Analysis by 2031

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Lubricants Market Report Lubricants Market Size and Share Lubricants Market Scope and Analysis

Lubricants Market Report Scope

Report Attribute Details
Market size in 2024 US$ 175.73 Billion
Market Size by 2031 US$ 236.71 Billion
Global CAGR (2025 - 2031) 4.6%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Base Oil
  • Mineral Oil
  • Synthetic Oil
  • Bio-based Oil
By Type
  • Hydraulic Fluid
  • Engine Oil
  • Driveline Lubricants
  • Metalworking Fluids
  • Grease
  • Process Oils
  • Coolants
By End-Use Industry
  • Automotive
  • Building and Construction
  • Power Generation
  • Mining and Metallurgy
  • Food Processing
  • Oil and Gas
  • Marine
  • Aviation
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Castrol Ltd
  • Shell Plc
  • Pennzoil
  • Quaker State Lubrication Limited
  • TotalEnergies SE
  • Repsol Group
  • Mobil
  • Motul SA
  • Valvoline Inc
  • Chevron Corp
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    Lubricants Market News and Recent Developments

    The lubricants market is evaluated by gathering qualitative and quantitative data from primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the lubricants market are listed below:

    • Castrol launched the 'First Car Love Stories' campaign in the UK to drive brand awareness and sales. (Castrol Limited, Company Website, August 2024)
    • Repsol joined forces with Tekniker to develop lubricants using nanotechnology. (Repsol, Company Website, September 2024)
    • Repsol launched its new lubricant packaging incorporating 60% recycled plastic content. (Repsol, Company Website, March 2024)
    • Castrol launched a new VECTON fully synthetic commercial vehicle lubricant that meets new ACEA Heavy-Duty specifications. (Castrol Limited, Company Website, August 2024)
    • ExxonMobil expanded Mobil branded lubricants and chemical products with a focus on quality product innovation. (ExxonMobil, Company News, September 2023)
    • Shell Lubricants acquired UK-based MIDEL and MIVOLT, strengthening its product portfolio for the power and renewables sectors. (Shell, Company News, October 2023)

    Lubricants Market Report Coverage and Deliverables

    The " Lubricants Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

    • Lubricants market size and forecast for all the key market segments covered under the scope
    • Lubricants market trends, as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed Porter's Five Forces and SWOT analysis
    • Lubricants market analysis covering key market trends, country framework, major players, regulations, and recent market developments.
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the lubricants market
    • Detailed company profiles