Global Lubricants

Global Lubricants

This report forecasts to 2024 global demand for lubricants by product, market, and major world region in metric tons. Product segments include: engine oils; transmission and hydraulic fluids; process oils; metalworking fluids; and other products such as general industrial oils, gear oils, and greases.

Reported markets encompass: motor vehicles; manufacturing; off-highway equipment; transportation equipment; and other markets such as power generation, oil exploration, and natural gas production.

Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.

To illustrate historical trends, world, product, market, and regional demand (including product and market segments) are provided for 2009, 2014, and 2019.

This report examines the global market for finished lubricants. In this report, tractor transmission fluids (also known as universal tractor fluids) are included with hydraulic fluids, while all other transmission fluids are included in the other products category. It should also be noted that world base oil demand is discussed in terms of the location of finished lubricant end use and not of lubricant production or blending. Additionally, API Group III base oils and lubricants from which they are formulated are classified in this report as synthetic products.

Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:
324191 Petroleum Lubricating Oil and Grease Manufacturing