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Lubricants Market by Base Oil (Mineral Oil, Synthetic Oil, Bio-based Oil), Product Type (Engine Oil, Hydraulic Fluid, Metalworking Fluid), End-Use Industry (Transportation and Industrial lubricants), Region - Global Forecast to 2027

Lubricants Market by Base Oil (Mineral Oil, Synthetic Oil, Bio-based Oil), Product Type (Engine Oil, Hydraulic Fluid, Metalworking Fluid), End-Use Industry (Transportation and Industrial lubricants), Region - Global Forecast to 2027

The global lubricants market size is projected to reach USD 187.9 billion by 2027 from USD 164.8 billion in 2022, at a CAGR of 2.7%. Lubricants are widely used in transportation and various manufacturing industries. The primary function of lubricants is to reduce friction between moving surfaces and enhance operation. Lubricants are also used in automotive engines for collecting, cleaning, and cooling the engine of a vehicle. These help in reducing the engine wear and tear caused by the friction of the metal parts, as well as to carry off heat.

“Mineral oil was the largest base oil of the global lubricants market, in terms of value, in 2021”

Mineral oil was the largest base oil in the global lubricants market, in terms of value, in 2021.

This ows to the fact that mineral oil lubricants ae generally cheaper than synthetic oil lubricants. Synthetic lubricants cost approximately 40%-50% more than mineral oil. Thus, mineral oil is widely used in price sensitive regions like Asia Pacific, South America and Middle East & Africa. However, the base oil is projected to register slow growth in developed regions due to growing environmental concerns and government regulations.

“By product type, engine oil accounted for the largest market shamarketre in global lubricants , in terms of value, in 2021”

Engine oil was the largest segment in the global lubricants industry by product type, in terms of value, in 2021. Engine oil has broad range of usability including all types of engines i.e. gasoline or diesel. The increase in sales of vehicles across the globe is driving its demand. However, its growth is projected to be at slower rate since it is one of the major contributors to the global pollution. Developed regions like Europe and North America have strict regulations against engine oil composition, which is increasing its cost.

“Asia Pacific is projected to be the fastest-growing market during the forecast period, in terms of both volume and value.”

Asia Pacific was the largest lubricant market, in terms of value, in 2021. The high growth of the emerging economies and the increasing disposable income in the region make Asia Pacific an attractive market for lubricants. The tremendous growth of production and increased trade are primarily responsible for the high consumption of lubricants, thus, driving market growth.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted.

A breakdown of the profiles of the primary interviewees are as follows:
•By Company Type: Tier 1 - 69%, Tier 2 - 23%, and Tier 3 - 8%
•By Designation: C-Level - 23%, Director Level - 37%, and Others - 40%
•By Region: North America - 32%, Europe - 21%, Asia Pacific - 28%, South America and Middle East & Africa - 12%, South America – 7%

The key players profiled in the report include as Royal Dutch Shell plc (Netherlands), ExxonMobil (U.S.), BP p.l.c. (U.K.), Chevron Corporation (U.S.), TotalEnergies SE (France), PetroChina Company Limited (China), Idemitsu Kosan Co. Ltd. (Japan), Sinopec Corp (China), Fuchs Petrolub AG (Germany), Valvoline (U.S.), Lukoil (Russia), Petronas (Malaysia), Gazprom Neft (Russia), and Pertamina (Indonesia), among others.

Research Coverage
This report segments the market for lubricants based on base oil, product type, end-use industry, and region, and provides estimations for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies associated with the market for lubricants.

Reasons to Buy this Report
This research report is focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the lubricants market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
•Market Penetration: Comprehensive information on lubricants offered by top players in the global market
•Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for lubricants across regions
•Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global lubricants market
•Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the lubricants market
Table of Contents

1INTRODUCTION32
1.1STUDY OBJECTIVES32
1.2MARKET DEFINITION32
1.2.1LUBRICANTS MARKET: INCLUSIONS & EXCLUSIONS32
1.2.2LUBRICANTS MARKET: MARKET DEFINITIONS AND INCLUSIONS, BY BASE OIL33
1.2.3LUBRICANTS MARKET: MARKET DEFINITIONS AND INCLUSIONS, BY PRODUCT TYPE33
1.2.4LUBRICANTS MARKET: MARKET DEFINITIONS AND INCLUSIONS, BY END-USE INDUSTRY34
1.3MARKET SCOPE34
FIGURE 1LUBRICANTS: MARKET SEGMENTATION34
1.3.1REGION COVERED35
1.3.2YEARS CONSIDERED35
1.4CURRENCY36
1.5UNIT CONSIDERED36
1.6LIMITATIONS36
1.7STAKEHOLDERS36
1.8SUMMARY OF CHANGES37
2RESEARCH METHODOLOGY38
2.1RESEARCH DATA38
FIGURE 2LUBRICANTS MARKET: RESEARCH DESIGN38
2.1.1SECONDARY DATA39
2.1.2PRIMARY DATA39
2.1.2.1Primary interviews – demand and supply sides39
2.1.2.2Key industry insights40
2.1.2.3Breakdown of primary interviews41
2.2MARKET SIZE ESTIMATION41
2.2.1BOTTOM-UP APPROACH42
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE REVENUE OF COMPANIES42
FIGURE 4MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS42
FIGURE 5MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – BOTTOM-UP (DEMAND SIDE): PRODUCTS SOLD43
2.3DATA TRIANGULATION44
FIGURE 6LUBRICANTS MARKET: DATA TRIANGULATION44
2.4GROWTH RATE ASSUMPTIONS/GROWTH FORECASTS45
2.4.1SUPPLY SIDE45
FIGURE 7MARKET GROWTH PROJECTION FROM SUPPLY SIDE45
2.4.2DEMAND SIDE46
FIGURE 8MARKET GROWTH PROJECTION FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES46
2.5FACTOR ANALYSIS47
2.6LIMITATIONS47
2.7RISK ASSESSMENT47
TABLE 1LUBRICANTS MARKET: RISK ASSESSMENT47
2.8RESEARCH ASSUMPTIONS48
3EXECUTIVE SUMMARY49
FIGURE 9MINERAL OIL SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD49
FIGURE 10ENGINE OIL DOMINATED OVERALL LUBRICANTS MARKET IN 202150
FIGURE 11PASSENGER VEHICLE TO BE DOMINANT CONSUMER OF LUBRICANTS IN TRANSPORTATION SEGMENT50
FIGURE 12CONSTRUCTION TO BE LEADING END USER OF LUBRICANTS IN INDUSTRIAL SEGMENT51
FIGURE 13ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 202152
4PREMIUM INSIGHTS53
4.1ATTRACTIVE OPPORTUNITIES IN LUBRICANTS MARKET53
FIGURE 14LUBRICANTS MARKET TO WITNESS STEADY GROWTH DURING FORECAST PERIOD53
4.2ASIA PACIFIC LUBRICANTS MARKET, BY BASE OIL AND COUNTRY53
FIGURE 15CHINA LED ASIA PACIFIC LUBRICANTS MARKET IN 202153
4.3LUBRICANTS MARKET, BY REGION54
FIGURE 16ASIA PACIFIC TO BE LARGEST MARKET FOR LUBRICANTS DURING FORECAST PERIOD54
4.4LUBRICANTS MARKET SIZE, END-USE INDUSTRY V/S REGION, 202154
FIGURE 17TRANSPORTATION ACCOUNTED FOR LARGEST MARKET SHARE IN 202154
4.5LUBRICANTS MARKET ATTRACTIVENESS55
FIGURE 18CHINA PROJECTED TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD55
5MARKET OVERVIEW56
5.1INTRODUCTION56
5.2MARKET DYNAMICS56
FIGURE 19FACTORS GOVERNING LUBRICANTS MARKET56
5.2.1DRIVERS57
5.2.1.1Increased demand for high-performance engines57
5.2.1.2Expansion of refinery capacities driving demand for Group II and Group III base oils57
5.2.1.3Emission and fuel efficiency norms to drive demand in emerging markets57
TABLE 2IMPLEMENTATION OF EMISSION STANDARDS FOR LIGHT-DUTY VEHICLES IN CHINA58
5.2.1.4Increasing demand from marine applications59
5.2.1.5Limitations on shift to electric vehicles59
FIGURE 20COST COMPARISON OF EV AND ICE VEHICLES59
5.2.2RESTRAINTS60
5.2.2.1Shift toward synthetic lubricants reducing overall demand for lubricants60
5.2.2.2Rising demand for electric vehicles and reducing prices of battery60
FIGURE 21GOVERNMENT TARGETS FOR ELECTRIC VEHICLES61
5.2.3OPPORTUNITIES61
5.2.3.1Leveraging e-commerce industry to increase customer reach61
5.2.3.2Demand for renewable energy61
5.2.3.3Increasing demand for bio-based lubricants62
5.2.3.4Increasing demand from mining, construction, and agriculture industries62
5.2.4CHALLENGES62
5.2.4.1Stringent environmental norms and continuous reforms by governments62
5.2.4.2Rising raw material prices63
TABLE 3CRUDE OIL PRICE FORECAST63
5.3PORTER'S FIVE FORCES ANALYSIS64
FIGURE 22LUBRICANTS MARKET: PORTER'S FIVE FORCES ANALYSIS64
5.3.1THREAT OF SUBSTITUTES64
5.3.2THREAT OF NEW ENTRANTS65
5.3.3BARGAINING POWER OF SUPPLIERS65
5.3.4BARGAINING POWER OF BUYERS65
5.3.5INTENSITY OF COMPETITIVE RIVALRY65
TABLE 4LUBRICANTS MARKET: PORTER'S FIVE FORCES ANALYSIS65
5.4MACROECONOMIC INDICATORS66
5.4.1GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES66
TABLE 5GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2020–2027 (USD BILLION)66
6INDUSTRY TRENDS67
6.1SUPPLY CHAIN ANALYSIS67
FIGURE 23LUBRICANTS MARKET: SUPPLY CHAIN ANALYSIS67
6.1.1RAW MATERIALS68
6.1.2MANUFACTURING OF LUBRICANTS68
6.1.3DISTRIBUTION TO END USERS68
6.2TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES68
6.2.1REVENUE SHIFT & REVENUE POCKETS FOR LUBRICANTS68
FIGURE 24LUBRICANTS MARKET: FUTURE REVENUE MIX68

6.3CONNECTED MARKETS: ECOSYSTEM ANALYSIS69
FIGURE 25LUBRICANTS MARKET: ECOSYSTEM MAPPING69
TABLE 6LUBRICANTS MARKET: ROLE IN ECOSYSTEM70
6.4TECHNOLOGY ANALYSIS71
6.4.1RE-REFINING TECHNOLOGY71
6.4.2SO2 SCRUBBING SYSTEM TECHNOLOGY71
6.4.3NANOTECHNOLOGY IN LUBRICANTS71
6.5OPPORTUNITY ANALYSIS FOR MOTOR OIL IN POWER GENERATION INDUSTRY72
TABLE 7MOTOR OIL LUBRICANTS MARKET SIZE, BY POWER PLANT TYPE, 2021–2035 (MILLION GALLONS)72
TABLE 8MOTOR OIL LUBRICANTS MARKET SIZE, BY POWER PLANT TYPE, 2021–2035 (USD MILLION)72
6.6CASE STUDY ANALYSIS72
6.6.1CASE STUDY ON COMPRESSOR LUBRICANT72
6.6.2CASE STUDY ON SYNTHETIC LUBRICANT72
6.6.3CASE STUDY ON HYDRAULIC FLUIDS73
6.6.4CASE STUDY ON COMPRESSOR OIL73
6.7KEY STAKEHOLDERS AND BUYING CRITERIA73
6.7.1KEY STAKEHOLDERS IN BUYING PROCESS73
FIGURE 26INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES73
TABLE 9INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE END-USE INDUSTRY (%)74
6.7.2BUYING CRITERIA74
FIGURE 27KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES74
TABLE 10KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES74
6.8LUBRICANTS MARKET: REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIOS75
FIGURE 28MARKET SIZE UNDER REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIOS75
TABLE 11LUBRICANTS MARKET FORECAST SCENARIO, 2019–2027 (USD MILLION)75
6.8.1NON-COVID-19 SCENARIO75
6.8.2OPTIMISTIC SCENARIO75
6.8.3PESSIMISTIC SCENARIO76
6.8.4REALISTIC SCENARIO76
6.9PRICING ANALYSIS76
6.9.1AVERAGE SELLING PRICE OF BASE OIL, BY KEY PLAYERS76
FIGURE 29AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP THREE BASE OILS76
TABLE 12AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP THREE BASE OILS (USD/KG)76
6.9.2AVERAGE SELLING PRICE, BY REGION77
FIGURE 30AVERAGE SELLING PRICES OF LUBRICANTS, BY REGION (2020–2027)77
TABLE 13AVERAGE SELLING PRICES OF LUBRICANTS, BY REGION, 2020–2027 (USD/KG)77
6.10TRADE DATA STATISTICS78
6.10.1IMPORT SCENARIO OF LUBRICANTS78
FIGURE 31LUBRICANTS IMPORT, BY KEY COUNTRIES (2013–2021)78
TABLE 14IMPORT OF LUBRICANTS, BY REGION, 2013–2021 (USD BILLION)78
6.10.2EXPORT SCENARIO OF LUBRICANTS79
FIGURE 32LUBRICANTS EXPORT, BY KEY COUNTRY (2013–2021)79
TABLE 15EXPORT OF LUBRICANTS, BY REGION, 2013–2021 (USD BILLION)79
6.11GLOBAL REGULATORY FRAMEWORK AND ITS IMPACT ON LUBRICANTS MARKET80
6.11.1REGULATIONS RELATED TO LUBRICANTS80
6.12KEY CONFERENCES & EVENTS (2022–2023)81
TABLE 16LUBRICANTS MARKET: LIST OF CONFERENCES & EVENTS81
6.13PATENT ANALYSIS82
6.13.1APPROACH82
6.13.2DOCUMENT TYPE82
TABLE 17GRANTED PATENTS ACCOUNTED FOR 26% OF ALL PATENTS82
FIGURE 33PATENTS REGISTERED IN LUBRICANTS MARKET, 2011–202182
FIGURE 34PATENT PUBLICATION TRENDS, 2011–202183
FIGURE 35LEGAL STATUS OF PATENTS FILED IN LUBRICANTS MARKET83
6.13.3JURISDICTION ANALYSIS84
FIGURE 36MAXIMUM PATENTS FILED IN JURISDICTION OF CHINA84
6.13.4TOP APPLICANTS84
FIGURE 37BASF SE REGISTERED MAXIMUM NUMBER OF PATENTS BETWEEN 2011 AND 202184
TABLE 18PATENTS BY BASF SE85
TABLE 19TOP 10 PATENT OWNERS IN US, 2011–202185
7LUBRICANTS MARKET, BY BASE OIL86
7.1INTRODUCTION87
TABLE 20CATEGORY OF BASE OILS87
FIGURE 38MINERAL OIL LUBRICANTS TO DOMINATE OVERALL LUBRICANTS MARKET DURING FORECAST PERIOD88
TABLE 21LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (KILOTON)88
TABLE 22LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (KILOTON)88
TABLE 23LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (USD MILLION)89
TABLE 24LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (USD MILLION)89
7.2MINERAL OIL LUBRICANTS89
7.2.1GROWING EMPHASIS ON PREMIUM GRADE PRODUCTS TO AFFECT MINERAL OIL LUBRICANTS89
TABLE 25MINERAL OIL LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)90
TABLE 26MINERAL OIL LUBRICANTS MARKET SIZE BY REGION, 2021–2027 (KILOTON)90
TABLE 27MINERAL OIL LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)91
TABLE 28MINERAL OIL LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)91
7.3SYNTHETIC LUBRICANTS91
FIGURE 39FACTORS AFFECTING GLOBAL SYNTHETIC LUBRICANTS MARKET92
TABLE 29SYNTHETIC LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)92
TABLE 30SYNTHETIC LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (KILOTON)93
TABLE 31SYNTHETIC LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)93
TABLE 32SYNTHETIC LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)93
7.3.1POLYALPHAOLEFINS (PAO)94
7.3.2POLYALKYLENE GLYCOL (PAG)94
7.3.3ESTERS94
7.3.4GROUP III (HYDROCRACKING)94
7.4BIO-BASED LUBRICANTS94
7.4.1ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR BIO-BASED LUBRICANTS94
TABLE 33BIO-BASED LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)95
TABLE 34BIO-BASED LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (KILOTON)95
TABLE 35BIO-BASED LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)96
TABLE 36BIO-BASED LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)96
8LUBRICANTS MARKET, BY PRODUCT TYPE97
8.1INTRODUCTION98
FIGURE 40ENGINE OIL TO DOMINATE OVERALL LUBRICANTS MARKET BETWEEN 2022 AND 202798
TABLE 37LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2017–2020 (KILOTON)99
TABLE 38LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2021–2027 (KILOTON)99
TABLE 39LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2017–2020 (USD MILLION)100
TABLE 40LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2021–2027 (USD MILLION)100
8.2ENGINE OIL100
8.2.1ENVIRONMENTAL REGULATIONS TO LIMIT FUTURE GROWTH100
TABLE 41ENGINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)101
TABLE 42ENGINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (KILOTON)101
TABLE 43ENGINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)102
TABLE 44ENGINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)102
8.3HYDRAULIC OIL102
8.3.1GROWING CONSTRUCTION INDUSTRY TO DRIVE MARKET102
TABLE 45HYDRAULIC OIL: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)103
TABLE 46HYDRAULIC OIL: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (KILOTON)103
TABLE 47HYDRAULIC OIL: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)103
TABLE 48HYDRAULIC OIL: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)104
8.3.2HL HYDRAULIC FLUID104
8.3.3HLP HYDRAULIC FLUID104
8.3.4HLP-D HYDRAULIC FLUID104
8.3.5FIRE-RESISTANT HYDRAULIC FLUID104
8.4METALWORKING FLUID105
8.4.1GROWING STEEL INDUSTRY TO FUEL DEMAND105
TABLE 49METALWORKING FLUID: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)105
TABLE 50METALWORKING FLUID: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (KILOTON)105
TABLE 51METALWORKING FLUID: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)106
TABLE 52METALWORKING FLUID: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)106
8.4.2REMOVAL METALWORKING FLUID106
8.4.3PROTECTING METALWORKING FLUID107
8.4.4FORMING METALWORKING FLUID107
8.4.5TREATING METALWORKING FLUID107
8.5GEAR OIL107
8.5.1TECHNOLOGICAL ADVANCEMENTS IN MECHATRONICS TO PROPEL MARKET107
TABLE 53GEAR OIL: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)107
TABLE 54GEAR OIL: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (KILOTON)108
TABLE 55GEAR OIL: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)108
TABLE 56GEAR OIL: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)108
8.5.2RUST & CORROSION INHIBITED GEAR OIL109
8.5.3COMPOUNDED GEAR OIL109
8.5.4EXTREME PRESSURE GEAR OIL109
8.6COMPRESSOR OIL109
8.6.1RISING AUTOMOBILE SECTOR TO INCREASE DEMAND FOR COMPRESSOR OIL109
TABLE 57COMPRESSOR OIL: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)109
TABLE 58COMPRESSOR OIL: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (KILOTON)110
TABLE 59COMPRESSOR OIL: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)110
TABLE 60COMPRESSOR OIL: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)110
8.7GREASE111
8.7.1GROWING TRANSPORT INDUSTRY TO FUEL DEMAND FOR GREASE111
TABLE 61GREASE: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)111
TABLE 62GREASE: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (KILOTON)111
TABLE 63GREASE: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)112
TABLE 64GREASE: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)112
8.7.2METALLIC SOAP THICKENER112
8.7.3LITHIUM112
8.7.4CALCIUM113
8.7.5ALUMINUM113
8.7.6SODIUM113
8.7.7OTHER METALLIC SOAPS113
8.7.8NON-SOAP THICKENER113
8.7.9INORGANIC THICKENER113
8.7.9.1Clay113
8.7.9.2Silica113
8.7.10OTHER THICKENERS114
8.8TURBINE OIL114
8.8.1GROWING POWER GENERATION TO DRIVE TURBINE OIL MARKET114
TABLE 65TURBINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)114
TABLE 66TURBINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (KILOTON)114
TABLE 67TURBINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)115
TABLE 68TURBINE OIL: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)115
8.9OTHERS115
8.9.1TRANSFORMER OIL115
8.9.2REFRIGERATION OIL116
8.9.3TEXTILE MACHINERY LUBRICANTS116
TABLE 69OTHERS: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)116
TABLE 70OTHERS: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (KILOTON)116
TABLE 71OTHERS: LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)117
TABLE 72OTHERS: LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)117
9LUBRICANTS MARKET, BY END-USE INDUSTRY118
9.1INTRODUCTION119
TABLE 73LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)119
TABLE 74LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (KILOTON)120
TABLE 75LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)121
TABLE 76LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)122
9.2TRANSPORTATION122
FIGURE 41PASSENGER VEHICLE SEGMENT TO BE LARGEST CONSUMER OF LUBRICANTS IN TRANSPORTATION INDUSTRY123
9.2.1COMMERCIAL VEHICLES123
9.2.1.1Growing need for buses and taxis to drive demand for lubricants in commercial vehicles123
TABLE 77LUBRICANTS MARKET SIZE IN COMMERCIAL VEHICLE, BY REGION, 2017–2020 (KILOTON)124
TABLE 78LUBRICANTS MARKET SIZE IN COMMERCIAL VEHICLE, BY REGION, 2021–2027 (KILOTON)124
TABLE 79LUBRICANTS MARKET SIZE IN COMMERCIAL VEHICLE, BY REGION, 2017–2020 (USD MILLION)124
TABLE 80LUBRICANTS MARKET SIZE IN COMMERCIAL VEHICLE, BY REGION, 2021–2027 (USD MILLION)125
9.2.2PASSENGER VEHICLES125
9.2.2.1Growing demand for passenger cars to significantly influence market125
TABLE 81LUBRICANTS MARKET SIZE IN PASSENGER VEHICLE, BY REGION, 2017–2020 (KILOTON)125
TABLE 82LUBRICANTS MARKET SIZE IN PASSENGER VEHICLE, BY REGION, 2021–2027 (KILOTON)126
TABLE 83LUBRICANTS MARKET SIZE IN PASSENGER VEHICLE, BY REGION, 2017–2020 (USD MILLION)126
TABLE 84LUBRICANTS MARKET SIZE IN PASSENGER VEHICLE, BY REGION, 2021–2027 (USD MILLION)126
TABLE 85LUBRICANTS MARKET SIZE IN PASSENGER VEHICLE, BY SUB-SEGMENT, 2017–2020 (KILOTON)127
TABLE 86LUBRICANTS MARKET SIZE IN PASSENGER VEHICLE, BY SUB-SEGMENT, 2021–2027 (KILOTON)127
TABLE 87LUBRICANTS MARKET SIZE IN PASSENGER VEHICLE, BY SUB-SEGMENT, 2017–2020 (USD MILLION)127
TABLE 88LUBRICANTS MARKET SIZE IN PASSENGER VEHICLE, BY SUB-SEGMENT, 2021–2027 (USD MILLION)127
9.2.2.24-Wheelers128
TABLE 89LUBRICANTS MARKET SIZE IN 4-WHEELER PASSENGER VEHICLE, BY REGION, 2017–2020 (KILOTON)128
TABLE 90LUBRICANTS MARKET SIZE IN 4-WHEELER PASSENGER VEHICLE, BY REGION, 2021–2027 (KILOTON)128
TABLE 91LUBRICANTS MARKET SIZE IN 4-WHEELER PASSENGER VEHICLE, BY REGION, 2017–2020 (USD MILLION)129
TABLE 92LUBRICANTS MARKET SIZE IN 4-WHEELER PASSENGER VEHICLE, BY REGION, 2021–2027 (USD MILLION)129
9.2.2.32-Wheelers129
TABLE 93LUBRICANTS MARKET SIZE IN 2-WHEELER PASSENGER VEHICLE, BY REGION, 2017–2020 (KILOTON)130
TABLE 94LUBRICANTS MARKET SIZE IN 2-WHEELER PASSENGER VEHICLE, BY REGION, 2021–2027 (KILOTON)130
TABLE 95LUBRICANTS MARKET SIZE IN 2-WHEELER PASSENGER VEHICLE, BY REGION, 2017–2020 (USD MILLION)130
TABLE 96LUBRICANTS MARKET SIZE IN 2-WHEELER PASSENGER VEHICLE, BY REGION, 2021–2027 (USD MILLION)131
9.2.3AVIATION131
9.2.3.1Increasing living standards and decreasing airfare to drive market131
TABLE 97LUBRICANTS MARKET SIZE IN AVIATION, BY REGION, 2017–2020 (KILOTON)131
TABLE 98LUBRICANTS MARKET SIZE IN AVIATION, BY REGION, 2021–2027 (KILOTON)132
TABLE 99LUBRICANTS MARKET SIZE IN AVIATION, BY REGION, 2017–2020 (USD MILLION)132
TABLE 100LUBRICANTS MARKET SIZE IN AVIATION, BY REGION, 2021–2027 (USD MILLION)132
9.2.4MARINE133
9.2.4.1Asia Pacific to be largest and fastest-growing market for lubricants in marine industry133
TABLE 101LUBRICANTS MARKET SIZE IN MARINE, BY REGION, 2017–2020 (KILOTON)133
TABLE 102LUBRICANTS MARKET SIZE IN MARINE, BY REGION, 2021–2027 (KILOTON)133
TABLE 103LUBRICANTS MARKET SIZE IN MARINE, BY REGION, 2017–2020 (USD MILLION)134
TABLE 104LUBRICANTS MARKET SIZE IN MARINE, BY REGION, 2021–2027 (USD MILLION)134
9.2.5RAILWAYS135
9.2.5.1North America to be largest market for lubricants in railways135
TABLE 105LUBRICANTS MARKET SIZE IN RAILWAYS, BY REGION, 2017–2020 (KILOTON)135
TABLE 106LUBRICANTS MARKET SIZE IN RAILWAYS, BY REGION, 2021–2027 (KILOTON)135
TABLE 107LUBRICANTS MARKET SIZE IN RAILWAYS, BY REGION, 2017–2020 (USD MILLION)136
TABLE 108LUBRICANTS MARKET SIZE IN RAILWAYS, BY REGION, 2021–2027 (USD MILLION)136
9.3INDUSTRIAL137
FIGURE 42CONSTRUCTION TO BE LARGEST CONSUMER OF LUBRICANTS IN INDUSTRIAL SECTOR137
9.3.1CONSTRUCTION138
9.3.1.1Increased government investments in infrastructure projects to fuel demand138
TABLE 109LUBRICANTS MARKET SIZE IN CONSTRUCTION, BY REGION, 2017–2020 (KILOTON)138
TABLE 110LUBRICANTS MARKET SIZE IN CONSTRUCTION, BY REGION, 2021–2027 (KILOTON)138
TABLE 111LUBRICANTS MARKET SIZE IN CONSTRUCTION, BY REGION, 2017–2020 (USD MILLION)139
TABLE 112LUBRICANTS MARKET SIZE IN CONSTRUCTION, BY REGION, 2021–2027 (USD MILLION)139
9.3.2METAL & MINING139
9.3.2.1Consumption in steel production plants to increase demand139
TABLE 113LUBRICANTS MARKET SIZE IN METAL & MINING, BY REGION, 2017–2020 (KILOTON)140
TABLE 114LUBRICANTS MARKET SIZE IN METAL & MINING, BY REGION, 2021–2027 (KILOTON)140
TABLE 115LUBRICANTS MARKET SIZE IN METAL & MINING, BY REGION, 2017–2020 (USD MILLION)140
TABLE 116LUBRICANTS MARKET SIZE IN METAL & MINING, BY REGION, 2021–2027 (USD MILLION)141
9.3.3CEMENT PRODUCTION141
9.3.3.1Growing construction activities to drive demand141
TABLE 117LUBRICANTS MARKET SIZE IN CEMENT PRODUCTION, BY REGION, 2017–2020 (KILOTON)141
TABLE 118LUBRICANTS MARKET SIZE IN CEMENT PRODUCTION, BY REGION, 2021–2027 (KILOTON)141
TABLE 119LUBRICANTS MARKET SIZE IN CEMENT PRODUCTION, BY REGION, 2017–2020 (USD MILLION)142
TABLE 120LUBRICANTS MARKET SIZE IN CEMENT PRODUCTION, BY REGION, 2021–2027 (USD MILLION)142
9.3.4POWER GENERATION142
9.3.4.1Rising awareness regarding renewable sources for power generation to drive demand142
TABLE 121LUBRICANTS MARKET SIZE IN POWER GENERATION, BY REGION, 2017–2020 (KILOTON)143
TABLE 122LUBRICANTS MARKET SIZE IN POWER GENERATION, BY REGION, 2021–2027 (KILOTON)143
TABLE 123LUBRICANTS MARKET SIZE IN POWER GENERATION, BY REGION, 2017–2020 (USD MILLION)143
TABLE 124LUBRICANTS MARKET SIZE IN POWER GENERATION, BY REGION, 2021–2027 (USD MILLION)144
9.3.5AUTOMOTIVE MANUFACTURING144
9.3.5.1Growing demand for automobiles in emerging economies to fuel demand144
TABLE 125LUBRICANTS MARKET SIZE IN AUTOMOTIVE MANUFACTURING, BY REGION, 2017–2020 (KILOTON)144
TABLE 126LUBRICANTS MARKET SIZE IN AUTOMOTIVE MANUFACTURING, BY REGION, 2021–2027 (KILOTON)145
TABLE 127LUBRICANTS MARKET SIZE IN AUTOMOTIVE MANUFACTURING, BY REGION, 2017–2020 (USD MILLION)145
TABLE 128LUBRICANTS MARKET SIZE IN AUTOMOTIVE MANUFACTURING, BY REGION, 2021–2027 (USD MILLION)145
9.3.6CHEMICAL146
9.3.6.1Rising demand for fertilizers to drive demand146
TABLE 129LUBRICANTS MARKET SIZE IN CHEMICAL, BY REGION, 2017–2020 (KILOTON)146
TABLE 130LUBRICANTS MARKET SIZE IN CHEMICAL, BY REGION, 2021–2027 (KILOTON)146
TABLE 131LUBRICANTS MARKET SIZE IN CHEMICAL, BY REGION, 2017–2020 (USD MILLION)147
TABLE 132LUBRICANTS MARKET SIZE IN CHEMICAL, BY REGION, 2021–2027 (USD MILLION)147
9.3.7OIL & GAS147
9.3.7.1Need for long-term stability and smooth functioning of machinery fueling demand147
TABLE 133LUBRICANTS MARKET SIZE IN OIL & GAS, BY REGION, 2017–2020 (KILOTON)148
TABLE 134LUBRICANTS MARKET SIZE IN OIL & GAS, BY REGION, 2021–2027 (KILOTON)148
TABLE 135LUBRICANTS MARKET SIZE IN OIL & GAS, BY REGION, 2017–2020 (USD MILLION)148
TABLE 136LUBRICANTS MARKET SIZE IN OIL & GAS, BY REGION, 2021–2027 (USD MILLION)149
9.3.8TEXTILE149
9.3.8.1Asia Pacific dominates lubricants market in textile industry149
TABLE 137LUBRICANTS MARKET SIZE IN TEXTILE, BY REGION, 2017–2020 (KILOTON)149
TABLE 138LUBRICANTS MARKET SIZE IN TEXTILE, BY REGION, 2021–2027 (KILOTON)149
TABLE 139LUBRICANTS MARKET SIZE IN TEXTILE, BY REGION, 2017–2020 (USD MILLION)150
TABLE 140LUBRICANTS MARKET SIZE IN TEXTILE, BY REGION, 2021–2027 (USD MILLION)150
9.3.9FOOD PROCESSING150
9.3.9.1Growing awareness regarding safe food products to influence market growth150
TABLE 141LUBRICANTS MARKET SIZE IN FOOD PROCESSING, BY REGION, 2017–2020 (KILOTON)151
TABLE 142LUBRICANTS MARKET SIZE IN FOOD PROCESSING, BY REGION, 2021–2027 (KILOTON)151
TABLE 143LUBRICANTS MARKET SIZE IN FOOD PROCESSING, BY REGION, 2017–2020 (USD MILLION)151
TABLE 144LUBRICANTS MARKET SIZE IN FOOD PROCESSING, BY REGION, 2021–2027 (USD MILLION)152
9.3.10OTHERS152
TABLE 145LUBRICANTS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2020 (KILOTON)152
TABLE 146LUBRICANTS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2021–2027 (KILOTON)153
TABLE 147LUBRICANTS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2020 (USD MILLION)153
TABLE 148LUBRICANTS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2021–2027 (USD MILLION)153
10LUBRICANTS MARKET, BY REGION154
10.1INTRODUCTION155
FIGURE 43ASIA PACIFIC TO BE LARGEST MARKET FOR LUBRICANTS DURING FORECAST PERIOD155
TABLE 149LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (KILOTON)155
TABLE 150LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (KILOTON)156
TABLE 151LUBRICANTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)156
TABLE 152LUBRICANTS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)156
10.2ASIA PACIFIC157
FIGURE 44ASIA PACIFIC: LUBRICANTS MARKET SNAPSHOT157
10.2.1ASIA PACIFIC LUBRICANTS MARKET, BY BASE OIL158
TABLE 153ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (KILOTON)158
TABLE 154ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (KILOTON)158
TABLE 155ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (USD MILLION)158
TABLE 156ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (USD MILLION)159
10.2.2ASIA PACIFIC LUBRICANTS MARKET, BY PRODUCT TYPE159
TABLE 157ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2017–2020 (KILOTON)159
TABLE 158ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2021–2027 (KILOTON)159
TABLE 159ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2017–2020 (USD MILLION)160
TABLE 160ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY PRODUCT TYPE, 2021–2027 (USD MILLION)160
10.2.3ASIA PACIFIC LUBRICANTS MARKET, BY END-USE INDUSTRY161
TABLE 161ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)161
TABLE 162ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (KILOTON)162
TABLE 163ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)163
TABLE 164ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)164
TABLE 165ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY PASSENGER VEHICLE TYPE, 2017–2020 (KILOTON)164
TABLE 166ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY PASSENGER VEHICLE TYPE, 2021–2027 (KILOTON)165
TABLE 167ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY PASSENGER VEHICLE TYPE, 2017–2020 (USD MILLION)165
TABLE 168ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY PASSENGER VEHICLE TYPE, 2021–2027 (USD MILLION)165
10.2.4ASIA PACIFIC LUBRICANTS MARKET, BY COUNTRY166
TABLE 169ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY COUNTRY, 2017–2020 (KILOTON)166
TABLE 170ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY COUNTRY, 2021–2027 (KILOTON)166
TABLE 171ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)167
TABLE 172ASIA PACIFIC: LUBRICANTS MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)167
10.2.4.1China167
10.2.4.1.1Increase in population driving demand167
TABLE 173CHINA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (KILOTON)168
TABLE 174CHINA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (KILOTON)168
TABLE 175CHINA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (USD MILLION)168
TABLE 176CHINA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (USD MILLION)169
TABLE 177CHINA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)169
TABLE 178CHINA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (KILOTON)169
TABLE 179CHINA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)170
TABLE 180CHINA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)170
10.2.4.2Japan170
10.2.4.2.1Increase in number of vehicles to boost demand170
TABLE 181JAPAN: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (KILOTON)171
TABLE 182JAPAN: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (KILOTON)171
TABLE 183JAPAN: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (USD MILLION)171
TABLE 184JAPAN: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (USD MILLION)171
TABLE 185JAPAN: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)172
TABLE 186JAPAN: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (KILOTON)172
TABLE 187JAPAN: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)173
TABLE 188JAPAN: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)173
10.2.4.3India173
10.2.4.3.1Rapid urbanization and growth in population to drive demand173
TABLE 189INDIA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (KILOTON)174
TABLE 190INDIA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (KILOTON)174
TABLE 191INDIA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (USD MILLION)174
TABLE 192INDIA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (USD MILLION)174
TABLE 193INDIA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)175
TABLE 194INDIA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (KILOTON)175
TABLE 195INDIA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)176
TABLE 196INDIA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)176
10.2.4.4South Korea176
10.2.4.4.1Growing marine industry to have positive impact on market176
TABLE 197SOUTH KOREA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (KILOTON)177
TABLE 198SOUTH KOREA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (KILOTON)177
TABLE 199SOUTH KOREA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (USD MILLION)177
TABLE 200SOUTH KOREA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (USD MILLION)177
TABLE 201SOUTH KOREA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)178
TABLE 202SOUTH KOREA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (KILOTON)178
TABLE 203SOUTH KOREA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)179
TABLE 204SOUTH KOREA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)179
10.2.4.5Indonesia179
10.2.4.5.1Rising oil production to spur demand179
TABLE 205INDONESIA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (KILOTON)180
TABLE 206INDONESIA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (KILOTON)180
TABLE 207INDONESIA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (USD MILLION)180
TABLE 208INDONESIA: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (USD MILLION)181
TABLE 209INDONESIA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)181
TABLE 210INDONESIA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (KILOTON)181
TABLE 211INDONESIA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)182
TABLE 212INDONESIA: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)182
10.2.4.6Thailand182
10.2.4.6.1Increase in production of automotive parts to drive market182
TABLE 213THAILAND: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (KILOTON)183
TABLE 214THAILAND: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (KILOTON)183
TABLE 215THAILAND: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (USD MILLION)183
TABLE 216THAILAND: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (USD MILLION)183
TABLE 217THAILAND: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)184
TABLE 218THAILAND: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (KILOTON)184
TABLE 219THAILAND: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)185
TABLE 220THAILAND: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)185
10.2.4.7Australia & New Zealand185
10.2.4.7.1Growing mining industry to drive demand185
TABLE 221AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (KILOTON)186
TABLE 222AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (KILOTON)186
TABLE 223AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET SIZE, BY BASE OIL, 2017–2020 (USD MILLION)186
TABLE 224AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET SIZE, BY BASE OIL, 2021–2027 (USD MILLION)187
TABLE 225AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (KILOTON)187
TABLE 226AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (KILOTON)187
TABLE 227AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)188
TABLE 228AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)188

Report Title: Lubricants Market by Base Oil (Mineral Oil, Synthetic Oil, Bio-based Oil), Product Type (Engine Oil, Hydraulic Fluid, Metalworking Fluid), End-Use Industry (Transportation and Industrial lubricants), Region - Global Forecast to 2027


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