Lubricants
US demand for lubricants is projected to increase 0.7% per year to 2.4 billion gallons in 2022. Growth in motor vehicle production and vehicle miles traveled will boost demand for engine oils and transmission and hydraulic fluids. However, growing fill intervals and longer lasting, higher quality lubricants will restrain stronger gains.
This report covers lubricant product demand by Type and Market, along with a discussion of basestocks used in production and lubricant formulation. Data are given in volume (million gallons) and dollar value.
Lubricant product types covered in the study include:
Engine Oils
Process Oils
Transmission & Hydraulic Fluids
Metalworking Fluids
General Industrial Oils
Gear Oils
Greases
Markets for lubricants include:
Light Vehicle
Commercial & Industrial
Nondurable Goods Manufacturing
Transportation Equipment
Durable Goods Manufacturing
Scope of the Report
This report covers the scope, size, and growth of the US lubricants market including key trends in products and market segmentation. Historical data are provided for 2007, 2012, and 2017 with forecasts for 2022, with year by year historical market volatility also addressed. Data are provided in both volume and dollar value. Also included is analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook