Global Lubricant Growth Opportunities
Product Development Focused on Electric Vehicles Creates Growth Opportunities
Lubricants are typically employed to reduce friction between interacting components, serving a crucial function in preventing equipment malfunctions and operational disruptions across diverse industries. From 2020 to 2023, global lubricant consumption registered slow growth. Owing to restrictions during the COVID-19 pandemic, many industries observed a slowdown in demand for lubricants due to reduced activities in automotive and other industrial sectors. This caused a drop in the use of lubricants in 2020 compared to 2019. Nonetheless, the global lubricants industry is anticipated to witness moderate volume growth during the forecast period.
This study examines the global lubricants industry from both product and end-user perspectives. It includes the lubricants used in major end-user segments, such as passenger vehicles, on-road commercial vehicles, off-highway construction equipment, and the industrial sector. The study represents an assessment of the current status and future prospects of the global lubricants industry. It assesses the impact of supply chain, sustainability, regulations, and product innovation on the industry.
The study takes into account lubricant volumes and revenues generated from 2019 to 2030 for each end-user segment. Revenues are recorded at the manufacturer level.
- Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8
- The Impact of the Top 3 Strategic Imperatives on the Global Lubricants Industry
- Growth Opportunities Fuel the Growth Pipeline Engine ne
- Growth Opportunity Analysis
- Scope of Analysis
- Segmentation
- Geographic Scope
- Growth Metrics
- Growth Drivers
- Growth Driver Analysis
- Growth Restraints
- Growth Restraint Analysis
- Growth Opportunity Analysis- Total Global Lubricants
- Revenue and Volume Forecast
- Revenue and Volume Forecast Analysis
- Average Price Forecast
- Pricing Trends and Forecast Analysis
- Revenue Forecast by End User
- Table Lubricants: Revenue Forecast by End User, Global, 2019-2030
- Volume Forecast by End User
- Table Lubricants: Volume Forecast by End User, Global, 2019-2030
- Revenue Forecast by Region
- Table Lubricants: Revenue Forecast by Region, Global, 2019-2030
- Volume Forecast by Region
- Table Lubricants: Volume Forecast by Region, Global, 2019-2030
- Forecast Analysis by Region
- Regulations on Lubricants-Major Decision-Makers
- Recent Developments in Regulations
- Other Major Regulations-Specific Regulations Affecting Industrial Lubricants and Environmental Regulations That Impact All Lubricants
- Volume Forecast by Base Oil Group
- Table Lubricants: Volume Forecast by Base Oil Group, Global, 2019-2030
- Viscosity Grade and Base Oil Trends
- Competitive Environment
- Revenue Share
- Revenue Share Analysis
- Value Chain
- Value Chain Discussion
- M&As in the Global Lubricants Industry
- Sustainability in Lubricants
- Sustainability Factors Affecting the Global Lubricants Industry
- Circular Economy-RRBOs
- RRBOs (Case Study-PURAGLOBE GmbH)
- RRBOs (Case Study-Avista Oil AG)
- RRBOs (Case Study-Neste Corp.)
- RRBOs (Case Study-ReGen III Corp.)
- Bio-based Lubricants
- Bio-based Lubricants (Case Study-Biosynthetic Technologies, LLC)
- Bio-based Lubricants (Case Study-BioBlend Renewable Resources, LLC)
- Bio-based Lubricants (Case Study-Renewable Lubricants, Inc.)
- Bio-based Lubricants (Case Study-FUCHS)
- Growth Opportunity Analysis-Lubricants for Passenger Vehicles
- Segment Characteristics and Overview
- Growth Metrics
- Forecast Assumptions-Passenger Vehicle (OEM/First-fill)
- Forecast Assumptions-Passenger Vehicle (Maintenance/Refill)
- Revenue and Volume Forecast
- Table Lubricants for Passenger Vehicles: Revenue and Volume Forecast, Global, 2019-2030
- Revenue and Volume Forecast Analysis
- Revenue Forecast by Product Type
- Table Lubricants for Passenger Vehicles: Revenue Forecast by Product Type, Global, 2019-2030
- Volume Forecast by Product Type
- Table Lubricants for Passenger Vehicles: Volume Forecast by Product Type, Global, 2019-2030
- Volume Forecast by Base Oil Group
- Table Lubricants for Passenger Vehicles: Volume Forecast by Base Oil Group, Global, 2019-2030
- Revenue and Volume Forecast Analysis by Product Type
- eFluid Trends and Analysis
- Revenue Forecast by Region
- Table Lubricants for Passenger Vehicles: Revenue Forecast by Region, Global, 2019-2030
- Volume Forecast by Region
- Table Lubricants for Passenger Vehicles: Volume Forecast by Region, Global, 2019-2030
- Volume Forecast Analysis by Region
- Growth Opportunity Analysis-Lubricants for On-road Commercial Vehicles
- Segment Characteristics and Overview
- Growth Metrics
- Forecast Assumptions-Commercial Vehicles (OEM/First-fill)
- Forecast Assumptions-Commercial Vehicles (Maintenance/Refill)
- Revenue and Volume Forecast
- Table Lubricants for On-road Commercial Vehicles: Revenue and Volume Forecast, Global, 2019-2030
- Revenue and Volume Forecast Analysis
- Revenue Forecast by Product Type
- Table Lubricants for On-road Commercial Vehicles: Revenue Forecast by Product Type, Global, 2019-2030
- Volume Forecast by Product Type
- Table Lubricants for On-road Commercial Vehicles: Volume Forecast by Product Type, Global, 2019-2030
- Volume Forecast by Base Oil Group
- Table Lubricants for On-road Commercial Vehicles: Volume Forecast by Base Oil Group, Global, 2019-2030
- Revenue and Volume Forecast Analysis by Product Type
- eFluid Trends and Analysis
- Revenue Forecast by Region
- Table Lubricants for On-road Commercial Vehicles: Revenue Forecast by Region, Global, 2019-2030
- Volume Forecast by Region
- Table Lubricants for On-road Commercial Vehicles: Volume Forecast by Region, Global, 2019-2030
- Volume Forecast Analysis by Region
- Growth Opportunity Analysis-Lubricants for Off-highway Construction Equipment
- Segment Characteristics and Overview
- Growth Metrics
- Forecast Assumptions-Construction Equipment (OEM/First-fill)
- Forecast Assumptions-Construction Equipment (Maintenance/Refill)
- Revenue and Volume Forecast
- Table Lubricants for Off-highway Construction Equipment: Revenue and Volume Forecast, Global, 2019-2030
- Revenue and Volume Forecast Analysis
- Revenue Forecast by Product Type
- Table Lubricants for Off-highway Construction Equipment: Revenue Forecast by Product Type, Global, 2019-2030
- Volume Forecast by Product Type
- Table Lubricants for Off-highway Construction Equipment: Volume Forecast by Product Type, Global, 2019-2030
- Volume Forecast by Base Oil Group
- Table Lubricants for Off-highway Construction Equipment: Volume Forecast by Base Oil Group, Global, 2019-2030
- Revenue and Volume Forecast Analysis by Product Type
- Revenue Forecast by Region
- Table Lubricants for Off-highway Construction Equipment: Revenue Forecast by Region, Global, 2019-2030
- Volume Forecast by Region
- Table Lubricants for Off-highway Construction Equipment: Volume Forecast by Region, Global, 2019-2030
- Volume Forecast Analysis by Region
- Growth Opportunity Analysis-Industrial Lubricants
- Segment Characteristics and Overview
- Growth Metrics
- Forecast Assumptions-Industrial (OEM/First-fill)
- Forecast Assumptions-Industrial (Maintenance/Refill)
- Revenue and Volume Forecast
- Table Industrial Lubricants: Revenue and Volume Forecast, Global, 2019-2030
- Revenue and Volume Forecast Analysis
- Revenue Forecast by Product Type
- Table Industrial Lubricants: Revenue Forecast by Product Type, Global, 2019-2030
- Volume Forecast by Product Type
- Table Industrial Lubricants: Volume Forecast by Product Type, Global, 2019-2030
- Volume Forecast by Base Oil Group
- Table Industrial Lubricants: Volume Forecast by Base Oil Group, Global, 2019-2030
- Revenue and Volume Forecast Analysis by Product Type
- Revenue Forecast by Region
- Table Industrial Lubricants: Revenue Forecast by Region, Global, 2019-2030
- Volume Forecast by Region
- Table Industrial Lubricants: Volume Forecast by Region, Global, 2019-2030
- Volume Forecast Analysis by Region
- Growth Opportunity Universe
- Growth Opportunity 1-Lubricants Formulated with Higher-quality Base Oils
- Growth Opportunity 2-Automatic Lubrication Systems for the Industrial Sector
- Growth Opportunity 3-Lubricants for Electric Vehicles and Heavy Equipment
- Next Steps
- Your Next Steps
- Why Frost, Why Now?
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