Lubricants Market, by Type (Engine Oil, Gear Oil, Transmission and Hydraulic Fluid, Process Oil, Metalworking Fluid, and Others (Grease, etc.)), by end user (Power generation, Automotive and other transportation, Heavy Equipment’s, Food & beverages, Metal

Lubricants Market, by Type (Engine Oil, Gear Oil, Transmission and Hydraulic Fluid, Process Oil, Metalworking Fluid, and Others (Grease, etc.)), by end user (Power generation, Automotive and other transportation, Heavy Equipment’s, Food & beverages, Metallurgy and Metalworking and others) by Base Oil (Synthetic Lubricants, Semi-Synthetic Lubricants, Bio-Based Lubricants, and Mineral Oil Lubricants), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Industrial lubricants are used to decrease the wear and tear of materials and reduce friction. These lubricants can be either petroleum based or water based. The primary function of industrial lubricants is to avoid metal contact amongst the tools. Industrial lubricants show good corrosion protection properties and demulsibility. These lubricants help extend the life of equipment or tool used in industrial operation. They are utilized in various equipment to yield a specific performance level. There are a few key properties that decide the performance of lubricants. From the lubrication theory perspective, density and viscosity of a lubricant are the main parameters. Early in the twentieth century, vegetable oils, fats, and mineral oils were generally considered as lubricants. Semisynthetic lubricants also known as synthetic blend oils it contains small amount of synthetic oil and blended with mineral oils to boost the properties of synthetic without increasing the cost of lubricants. Semisynthetic lubricants offer better performance at lower temperatures, set to fuel its demand in automotive application.
Growing demand for biodegradable lubricants is expected to emerge as a better opportunity for market players in the near future. According to the current Indian and Global scenario of the lubricants market, there is increase in the demand for bio lubricants and synthetic lubricants for the large-scale oil and gas industries, owing to increasing awareness about the substitute solution for mineral oil based products. For instance, MOSIL a lubricants company provides the exact solution for the increasing demands for bio-lubricants and synthetic oils. For over 40 years, MOSIL manufactures and delivers best lubricating solutions to all types of industries in India and other countries. MOSIL offers tailor made lubricant solutions according to the requirement of its consumers.
Key features of the study:
This report provides an in-depth analysis of global lubricants market, market size (US$ billion & Kilotons), and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global lubricants market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include ExxonMobil Corp., Pennzoil, Quaker Chemical Corp., Royal Dutch Shell Co, British Petroleum, Chevron Corp., Total S.A, JX Nippon Oil & Energy Corp., Lukoil, and Philips 66 Company
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global lubricants market report caters to various stakeholders in this industry including investors, suppliers, lubricant manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global lubricants market

Detailed Segmentation:
Global Lubricants Market, By Type:
Engine Oil
Gear Oil
Transmission and Hydraulic Fluid
Process Oil
Metalworking Fluid
Others (Grease, etc.)
Global Lubricants Market, By Base Oil:
Synthetic Lubricant
Semi-synthetic Lubricant
Bio-based Lubricant
Mineral Oil Lubricant
Global Lubricants Market, By End User:
Power Generation
Automotive and Other Transportation
Heavy Equipment
Food and Beverage
Metallurgy and Metalworking
Others (Chemical Manufacturing, etc.)
Global Lubricants Market, By Region:
North America
Global Lubricants Market, By Type:
Engine Oil
Gear Oil
Transmission and Hydraulic Fluid
Process Oil
Metalworking Fluid
Others (Grease, etc.)
Global Lubricants Market, By Base Oil:
Synthetic Lubricant
Semi-synthetic Lubricant
Bio-based Lubricant
Mineral Oil Lubricant
Global Lubricants Market, By End User:
Power Generation
Automotive and Other Transportation
Heavy Equipment
Food and Beverage
Metallurgy and Metalworking
Others (Chemical Manufacturing, etc.)
By Country:
U.S
Canada
Latin America
Global Lubricants Market, By Type:
Engine Oil
Gear Oil
Transmission and Hydraulic Fluid
Process Oil
Metalworking Fluid
Others (Grease, etc.)
Global Lubricants Market, By Base Oil:
Synthetic Lubricant
Semi-synthetic Lubricant
Bio-based Lubricant
Mineral Oil Lubricant
Global Lubricants Market, By End User:
Power Generation
Automotive and Other Transportation
Heavy Equipment
Food and Beverage
Metallurgy and Metalworking
Others (Chemical Manufacturing, etc.)
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Global Lubricants Market, By Type:
Engine Oil
Gear Oil
Transmission and Hydraulic Fluid
Process Oil
Metalworking Fluid
Others (Grease, etc.)
Global Lubricants Market, By Base Oil:
Synthetic Lubricant
Semi-synthetic Lubricant
Bio-based Lubricant
Mineral Oil Lubricant
Global Lubricants Market, By End User:
Power Generation
Automotive and Other Transportation
Heavy Equipment
Food and Beverage
Metallurgy and Metalworking
Others (Chemical Manufacturing, etc.)
By Country:
Germany
U.K
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
Global Lubricants Market, By Type:
Engine Oil
Gear Oil
Transmission and Hydraulic Fluid
Process Oil
Metalworking Fluid
Others (Grease, etc.)
Global Lubricants Market, By Base Oil:
Synthetic Lubricant
Semi-synthetic Lubricant
Bio-based Lubricant
Mineral Oil Lubricant
Global Lubricants Market, By End User:
Power Generation
Automotive and Other Transportation
Heavy Equipment
Food and Beverage
Metallurgy and Metalworking
Others (Chemical Manufacturing, etc.)
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa
Global Lubricants Market, By Type:
Engine Oil
Gear Oil
Transmission and Hydraulic Fluid
Process Oil
Metalworking Fluid
Others (Grease, etc.)
Global Lubricants Market, By Base Oil:
Synthetic Lubricant
Semi-synthetic Lubricant
Bio-based Lubricant
Mineral Oil Lubricant
Global Lubricants Market, By End User:
Power Generation
Automotive and Other Transportation
Heavy Equipment
Food and Beverage
Metallurgy and Metalworking
Others (Chemical Manufacturing, etc.)
By Country/Region:
Middle East
Africa
Company Profiles
ExxonMobil Corp
Company Overview
Product Portfolio
Key Strategies
Recent Developments
Future Plans
Pennzoil
Quaker Chemical Corp.
Royal Dutch Shell Co
British Petroleum
Chevron Corp.
Total S.A.
JX Nippon Oil & Energy Corp.
Lukoil
Philips 66 Company
“*” marked represents similar segmentation in other categories in the respective sections.