Global Industrial Synthetic Lubricants Market Growth 2025-2031

The global Industrial Synthetic Lubricants market size is predicted to grow from US$ 18650 million in 2025 to US$ 22970 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

Industrial synthetic lubricants are composed of artificially manufactured compounds that can use chemically modified petroleum components. Industrial synthetic lubricants displace solid surfaces with a fluid film. It can also be used to alter surface properties, regulate temperature or remove debris.

Synthetic lubricants consist of thickeners, synthetic base oils and additives. They have advantages over many mineral fats. The global synthetic grease market is expected to expand significantly over the forecast period owing to numerous factors. Improved properties of synthetic lubricating oils, such as ability to control temperature by absorbing heat generated by moving vehicle components and transferring it to cooler or oil sump, are responsible for market expansion. This has spurred demand from end-use industries such as the automotive and industrial machinery and equipment industries. The demand for the product in Asia Pacific is also expected to increase owing to rising vehicle production and installation of new machinery. Demand for synthetic lubricants is also growing due to technological advancements, such as the adoption of NSF food lubricant standards by major equipment manufacturers in the food industry. Manufacturers are utilizing a variety of equipment that operates at high temperatures and pressures to create new products and technologies.

LP Information, Inc. (LPI) ' newest research report, the “Industrial Synthetic Lubricants Industry Forecast” looks at past sales and reviews total world Industrial Synthetic Lubricants sales in 2024, providing a comprehensive analysis by region and market sector of projected Industrial Synthetic Lubricants sales for 2025 through 2031. With Industrial Synthetic Lubricants sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Synthetic Lubricants industry.

This Insight Report provides a comprehensive analysis of the global Industrial Synthetic Lubricants landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Synthetic Lubricants portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Synthetic Lubricants market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Synthetic Lubricants and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Synthetic Lubricants.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Synthetic Lubricants market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hydraulic Fluid
Gear Oil
Compressor Oil
Turbine Oil
Others

Segmentation by Application:
Food Processing
Automotive
Oil & Gas
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Royal Dutch Shell
Royal Purple
ExxonMobil
Henkel
BP
Chevron
Total S.A.
PetroChina Company
Idemitsu Kosan
Sinopec
Klüber Lubrication
FUCHS
Valvoline
Super Lube
Clariant
NEO Synthetic Oil
Quaker
SFR
Unique Technologies Associates

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Synthetic Lubricants market?

What factors are driving Industrial Synthetic Lubricants market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Synthetic Lubricants market opportunities vary by end market size?

How does Industrial Synthetic Lubricants break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.