Global Synthetic Lubricants Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Synthetic Lubricants Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Synthetic lubricants are a combination of synthetic base oil plus thickeners and additives that will give the grease or oil lubricant a number of performance advantages over conventional mineral based lubricants.

Synthetic lubricants are artificially made or synthesized from compounds found in other source, such as petroleum oil, gas, or reactions of acids and alcohols.

Commonly, synthetic lubricants can be classified as full-synthetic lubricants and semi-synthetic lubricants according to base oil used. In this report, both of the two kinds will be analyzed and counted.

According to our (Global Info Research) latest study, the global Synthetic Lubricants market size was valued at US$ 62040 million in 2023 and is forecast to a readjusted size of USD 95000 million by 2030 with a CAGR of 6.3% during review period.

Global Synthetic Lubricants key players include Exxon Mobil, Shell, BP Castrol, Chevron, Total, etc. Global top five manufacturers hold a share nearly 40%.

USA is the largest market, with a share about 40%, followed by China, and Europe, both have a share about 45 percent.

This report is a detailed and comprehensive analysis for global Synthetic Lubricants market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Synthetic Lubricants market size and forecasts, in consumption value ($ Million), sales quantity (K Tonnes), and average selling prices (USD/Tonne), 2019-2030

Global Synthetic Lubricants market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tonnes), and average selling prices (USD/Tonne), 2019-2030

Global Synthetic Lubricants market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tonnes), and average selling prices (USD/Tonne), 2019-2030

Global Synthetic Lubricants market shares of main players, shipments in revenue ($ Million), sales quantity (K Tonnes), and ASP (USD/Tonne), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Synthetic Lubricants

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Synthetic Lubricants market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Exxon Mobil, Shell, BP Castrol, Chevron, Total, Idemitsu Kosan, BASF, Fuchs, Ashland Valvoline, JX, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Synthetic Lubricants market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Poly-alpha-olefin (PAO)
Poly-alkylene-glycol (PAG)
Di-basic acid ester (Di-Ester)
Polyol-Ester
Silicone
Others

Market segment by Application
Industrial Lubricants
Commercial Vehicles
Passenger Car
Others

Major players covered
Exxon Mobil
Shell
BP Castrol
Chevron
Total
Idemitsu Kosan
BASF
Fuchs
Ashland Valvoline
JX
Lukoil
Petronas
Chemtura
Amsoil
Pertamina
CNPC
Sinopec
Delian Group
Original Chemical
LOPAL
GAOKE PETROCHEMICAL
COPTON

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Synthetic Lubricants product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Synthetic Lubricants, with price, sales quantity, revenue, and global market share of Synthetic Lubricants from 2019 to 2024.

Chapter 3, the Synthetic Lubricants competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Synthetic Lubricants breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Synthetic Lubricants market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Synthetic Lubricants.

Chapter 14 and 15, to describe Synthetic Lubricants sales channel, distributors, customers, research findings and conclusion.