Synthetic Industrial Lubricants Market

This market is driven by large-scale industrial growth in Asia Pacific and the Middle East and Africa, and the rise of process automation in most industries. Based on the base oil, the global industrial lubricants market is divided into mineral oil, synthetic oil and bio-based oil. Mineral oil is the largest sector in the industrial lubricants industry. This is mainly due to its ease of use and low cost. However, due to its advanced properties, the compound oil sector is expected to have the highest CAGR during the forecast period.
Synthetic Industrial Lubricants Market aims to provide a comprehensive presentation of the global market for Synthetic Industrial Lubricants, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Synthetic Industrial Lubricants. Synthetic Industrial Lubricants Market contains market size and forecasts of Synthetic Industrial Lubricants in global, including the following market information:
Global Synthetic Industrial Lubricants Market Revenue, 2018-2023, 2024-2035, ($ millions)
Global Synthetic Industrial Lubricants Market Sales, 2018-2023, 2024-2035, (Kiloton)
Global top five Synthetic Industrial Lubricants companies in 2022 (%)
The global Synthetic Industrial Lubricants market was valued at US$ million in 2022 and is projected to reach US$ million by 2035, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Hydraulic Fluid Segment to Reach $ Million by 2035, with a % CAGR in next six years.
The global key manufacturers of Synthetic Industrial Lubricants include Royal Dutch Shell, ExxonMobil, BP p.l.c., Chevron Corporation, Total S.A., PetroChina Company Limited, Idemitsu Kosan Co. Ltd. and Sinopec Limited, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Synthetic Industrial Lubricants manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Synthetic Industrial Lubricants Market, by Type, 2018-2023, 2024-2035 ($ Millions) & (Kiloton)
Global Synthetic Industrial Lubricants Market Segment Percentages, by Type, 2022 (%)
Hydraulic Fluid
Metalworking Fluid
Gear Oil
Compressor Oil
Grease
Turbine Oil
Others
Global Synthetic Industrial Lubricants Market, by Application, 2018-2023, 2024-2035 ($ Millions) & (Kiloton)
Global Synthetic Industrial Lubricants Market Segment Percentages, by Application, 2022 (%)
Metals and Mining
Cement Production
chemicals
Petroleum and Natural Gas
Other
Global Synthetic Industrial Lubricants Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions) & (Kiloton)
Global Synthetic Industrial Lubricants Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Synthetic Industrial Lubricants revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Synthetic Industrial Lubricants revenues share in global market, 2022 (%)
Key companies Synthetic Industrial Lubricants sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Synthetic Industrial Lubricants sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Royal Dutch Shell
ExxonMobil
BP p.l.c.
Chevron Corporation
Total S.A.
PetroChina Company Limited
Idemitsu Kosan Co. Ltd.
Sinopec Limited
Outline of Major Chapters:
Chapter 1: Introduces the definition of Synthetic Industrial Lubricants, market overview.
Chapter 2: Global Synthetic Industrial Lubricants market size in revenue and volume.
Chapter 3: Detailed analysis of Synthetic Industrial Lubricants manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Synthetic Industrial Lubricants in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Synthetic Industrial Lubricants capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.