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Lubricants, Oils & Greases

Lubricants, oils & greases are high-viscosity substances that reduce friction between two surfaces. Grease is essentially a lubricant with a thickener or thickening agent dispersed in it. The thickening agent in grease holds the base oil and additives together. Lubricants & oils are used in high-speed applications while grease is used in heavy-load applications. These products are primarily derived from petroleum feedstock or synthetic substances. However, owing to rising environmental awareness, they are increasingly produced from biomaterials such as vegetable oils, plant seeds, animal fats, and downstream esters. Lubricants, oils & greases find extensive use in the automotive, aerospace, marine, heavy equipment, metal working, general manufacturing, and power generation industries.

The market trends are converging toward renewability, biodegradability, nontoxicity, and bio-based feedstock to support the growing demand for sustainable products that contribute to a safer environment. Factors including technological advancements, strict regulations, and changing consumer preferences should drive the demand for biobased lubricants.

Drivers:

  • Increasing awareness about the environmental benefits of bio-oils such as non-toxicity, biodegradability, and renewability to drive the bio-oil market
  • Growing preference for lightweight high-performance fuel-efficient vehicles
  • Manufacturer preference for durability and productivity in machinery

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Published: April 2023   

White Oil Market280 Pages

White Oil Market size surpassed USD 2 billion in 2022 and is poised to depict over 2% CAGR through 2023-2032....

Published: April 2023   

Marine Lubricants Market368 Pages

Marine Lubricants Market size reached a valuation of USD 3 billion in 2023. Driven by the expansion of the shipbuilding and fleet industry in Asia Pacific, the market is expected to grow at 4.8% CAGR between 2024 and 2032....

Published: December 2022   

Forestry Lubricants Market356 Pages

Forestry Lubricants Market size was worth USD 4 billion in 2022 and is anticipated to record over 3% CAGR from 2023-2032....

Published: November 2022   

Perfluoropolyether Market301 Pages

Perfluoropolyether Market size was valued at USD 630 million in 2022. Driven by the mounting demand for smart devices and equipment, the industry is anticipated to grow at over 5.5% CAGR from 2023 to 2032....

Published: February 2022   

North America & Europe Forestry Lubricants Market275 Pages

North America & Europe Forestry Lubricants Market size exceeded USD 2 Billion in 2020 and is estimated to grow at a CAGR of over 3% through 2027. ...

Published: January 2022   

North America Paper Machine Oil Market160 Pages

North America Paper Machine Oil Market size was over USD 90 million in 2020 and is estimated to grow at over 3% CAGR between 2021 and 2027....

Published: July 2021   

U.S. Quick Lube Equipment Market140 Pages

U.S. quick lube equipment market size was over USD 16.5 million in 2020 and is estimated to grow at over 4% CAGR between 2021 and 2027 ...

Published: May 2019   

Pour Point Depressants Market490 Pages

Pour Point Depressants Market size valued at USD 685 million in 2018 and expects consumption of over 245 kilo tons by 2025. ...

Published: November 2017   

Linear Alpha Olefins Market175 Pages

Linear Alpha Olefins Market size was over USD 12.5 billion in 2016 and consumption may exceed 7 million tons by 2024....

Published: October 2017   

Internal Olefins Market120 Pages

Internal Olefins Market size was above USD 1.5 billion in 2016 and industry expects consumption of over 850 kilo tons by 2024...

Published: March 2016   

Specialty Fuel Additives Market130 Pages

Specialty Fuel Additives Market size was recorded at over $6 billion in 2015, with an estimated growth rate of more than 6.5% from 2016 to 2023....

Published: March 2016   

Synthetic Lubricants Market85 Pages

Synthetic Lubricants Market size is expected to reach over $5 billion by 2023 with an estimated growth rate of over 4% from 2016 to 2023....

Published: March 2016   

Lubricants Market235 Pages

Lubricants Market size was over 37 billion tons in 2014 with 2.9% CAGR estimation from 2015 to 2022....

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