In terms of value, the lubricants market is estimated to grow from USD 178.14 billion in 2025 to USD 204.10 billion by 2030, at a CAGR of 2.8%. The mounting demand for high-performance engines, growing use in marine applications, and rise in refinery capabilities drive the lubricants market. As individuals become more conscious of the potential health hazards linked to mineral oil-based lubricants, there is an escalating desire for synthetic and bio-based lubricant alternatives. Geopolitical factors, economic slowdown, difficulties in lubricant application and usage efficiency, and stringent environmental regulations restrain the market.
“Engine oil was the largest product type segment of lubricants market, in terms of value, in 2024.”
Engine oil is the most widely consumed category of products in the lubricants market. This is mainly because engines are utilized not just in transportation but also in the industrial end-use sector. Along with other functions, it is crucial to maintain engine efficiency by controlling friction, dispersing heat, and protecting against wear and corrosion. However, the increase in the development of engine oils by technology aimed to improve formulations in terms of efficiency and demand. There is an ever-increasing demand for such new-generation lubricants, for instance, engine oil, to meet the growing production of automobiles and stringent emission norms for better fuel economy and durability of vehicles. Thus, the factors that can be credited for the rapid growth of engine oil are a necessity in vehicle upkeep, advancement in technology, and contribution to fuel efficiency and the durability of engines.
“Transportation was the largest end-use industry of the lubricants market, in terms of value, in 2024.”
Due to its excessive dependence on various lubricants for smooth operation and maintenance of vehicles, the transportation sector is treated as the largest end-use industry for the lubricants market. From cars and trucks to airplanes and ships, all vehicles require lubricants for the reduction of friction, prevention of wear and tear, and desired performance levels; this demand for lubricants is continuously on the rise due to the increasing need for efficient and reliable transportation services, further propelling the growth of the lubricants market in this sector. Also, the newly installed technologies in the transportation industry seek specially designed lubrication solutions, making the transportation end-use industry a significant end user.
“The Middle East & Africa is projected to be the second fastest-growing region, in terms of value, during the forecast period in the lubricants market.”
The Middle East & Africa is anticipated to register an enormous growth of the lubricants market driven by various factors. Apart from strong economic growth and rapid industrialization, increased lubricant demand would flow from a possible increase in consumption in various sectors such as automotive, manufacturing, and construction. Exposure to infrastructure investment, alone or in synergy with the oil & gas industry, appears to have bullish promises for growth. The Middle East, as a major oil-producing nation, offers a steady supply of base oils, the most crucial ingredient in lubricant production, thus further guaranteeing stability in this market. The development of the automotive aftermarket based on growing vehicle ownership rates across Africa also feeds into the enormous growth potential of the region. In a nutshell, the stable economic conditions and infrastructure investments that would characteristically spell bright cases for lubricants in the Middle East & Africa made this region become an increasingly strong lubricant market.
• By Company Type: Tier 1 - 55%, Tier 2 - 25%, and Tier 3 - 20%
• By Designation: C-Level - 30%, Director Level - 50%, and Others - 20%
• By Region: North America - 40%, Europe - 35%, Asia Pacific - 20%, RoW– 5%
The key players profiled in the report include Shell plc (UK), Exxon Mobil Corporation (US), BP p.l.c. (UK), Chevron Corporation (US), PetroChina Company Limited (China), TotalEnergies SE (France), ENEOS Holdings, Inc. (Japan), China Petroleum & Chemical Corporation (China), Idemitsu Kosan Co., Ltd. (Japan), and others.
Research Coverage
This report segments the market for lubricants based on base oil type, product type, end-use industry, and region and provides estimations of volume (Kiloton) and value (USD Million) 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, services, and 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 of 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
• Analysis of key drives: (growing demand for high perforamnance engines, rise of refinery capacifies, mounting demand from marine applications, and limits of electric vehicles), restraints (Swing towards synthetic lubricants, increasing demand for electric vehicles), opportunities (Mounting demand for bio-based lubricants, growing demand from construction, mining, and agriculture industries, and increasing demand for renewable energy), and challenges (Escalating raw material prices, and strict environmental norms) influencing the growth of lubricants market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the lubricants 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
圖表清單 List of Tables & Figures
TABLE 1 LUBRICANTS MARKET: RISK ASSESSMENT 46
TABLE 2 IMPLEMENTATION OF EMISSION STANDARDS FOR LIGHT-DUTY VEHICLES IN CHINA 56
TABLE 3 CRUDE OIL PRICE TREND (2019−2024) 60
TABLE 4 LUBRICANTS MARKET: PORTER'S FIVE FORCES ANALYSIS 62
TABLE 5 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES (%) (TRANSPORTATION) 63
TABLE 6 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES (TRANSPORTATION) 64
TABLE 7 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2021–2029 (USD BILLION) 65
TABLE 8 AVERAGE SELLING PRICE OF LUBRICANTS OFFERED BY KEY PLAYERS,
BY BASE OIL, 2024 (USD/KG) 68
TABLE 9 LUBRICANTS MARKET: ROLE IN ECOSYSTEM 71
TABLE 10 IMPORT OF LUBRICANTS, BY REGION, 2018–2023 (USD MILLION) 75
TABLE 11 EXPORT OF LUBRICANTS, BY REGION, 2018–2023 (USD MILLION) 76
TABLE 12 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 79
TABLE 15 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 79
TABLE 16 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 80
TABLE 17 LUBRICANTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2025–2026 81
TABLE 18 PATENT STATUS: PATENT APPLICATIONS, LIMITED PATENTS,
AND GRANTED PATENTS 83
TABLE 19 MAJOR PATENTS FOR LUBRICANTS 84
TABLE 20 PATENTS BY BASF SE 86
TABLE 21 PATENTS BY DOW INC. 87
TABLE 22 TOP 10 PATENT OWNERS IN US, 2014–2024 88
TABLE 23 US ADJUSTED RECIPROCAL TARIFF RATES 91
TABLE 24 CATEGORY OF BASE OILS 96
TABLE 25 LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 97
TABLE 26 LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 97
TABLE 27 LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 98
TABLE 28 LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 98
TABLE 29 MINERAL OIL LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 99
TABLE 30 MINERAL OIL LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 99
TABLE 31 MINERAL OIL LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 100
TABLE 32 MINERAL OIL LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 100
TABLE 33 SYNTHETIC LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 101
TABLE 34 SYNTHETIC LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 102
TABLE 35 SYNTHETIC LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 102
TABLE 36 SYNTHETIC LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 102
TABLE 37 BIO-BASED LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 104
TABLE 38 BIO-BASED LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 104
TABLE 39 BIO-BASED LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 105
TABLE 40 BIO-BASED LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 105
TABLE 41 LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (USD MILLION) 107
TABLE 42 LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION) 108
TABLE 43 LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (KILOTON) 108
TABLE 44 LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (KILOTON) 109
TABLE 45 ENGINE OIL: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 110
TABLE 46 ENGINE OIL: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 110
TABLE 47 ENGINE OIL: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 110
TABLE 48 ENGINE OIL: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 111
TABLE 49 HYDRAULIC OIL: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 111
TABLE 50 HYDRAULIC OIL: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 112
TABLE 51 HYDRAULIC OIL: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 112
TABLE 52 HYDRAULIC OIL: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 112
TABLE 53 COMPRESSOR OIL: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 113
TABLE 54 COMPRESSOR OIL: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 114
TABLE 55 COMPRESSOR OIL: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 114
TABLE 56 COMPRESSOR OIL: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 114
TABLE 57 METALWORKING FLUID: LUBRICANTS MARKET, BY REGION,
2020–2024 (USD MILLION) 115
TABLE 58 METALWORKING FLUID: LUBRICANTS MARKET, BY REGION,
2025–2030 (USD MILLION) 115
TABLE 59 METALWORKING FLUID: LUBRICANTS MARKET, BY REGION,
2020–2024 (KILOTON) 116
TABLE 60 METALWORKING FLUID: LUBRICANTS MARKET, BY REGION,
2025–2030 (KILOTON) 116
TABLE 61 GEAR OIL: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 117
TABLE 62 GEAR OIL: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 117
TABLE 63 GEAR OIL: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 118
TABLE 64 GEAR OIL: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 118
TABLE 65 TURBINE OIL: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 119
TABLE 66 TURBINE OIL: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 119
TABLE 67 TURBINE OIL: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 120
TABLE 68 TURBINE OIL: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 120
TABLE 69 GREASE: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 121
TABLE 70 GREASE: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 121
TABLE 71 GREASE: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 121
TABLE 72 GREASE: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 122
TABLE 73 OTHER PRODUCT TYPES: LUBRICANTS MARKET, BY REGION,
2020–2024 (USD MILLION) 124
TABLE 74 OTHER PRODUCT TYPES: LUBRICANTS MARKET, BY REGION,
2025–2030 (USD MILLION) 124
TABLE 75 OTHER PRODUCT TYPES: LUBRICANTS MARKET, BY REGION,
2020–2024 (KILOTON) 125
TABLE 76 OTHER PRODUCT TYPES: LUBRICANTS MARKET, BY REGION,
2025–2030 (KILOTON) 125
TABLE 77 LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 127
TABLE 78 LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 128
TABLE 79 LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 129
TABLE 80 LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 130
TABLE 81 COMMERCIAL VEHICLE: LUBRICANTS MARKET, BY REGION,
2020–2024 (USD MILLION) 132
TABLE 82 COMMERCIAL VEHICLE: LUBRICANTS MARKET, BY REGION,
2025–2030 (USD MILLION) 132
TABLE 83 COMMERCIAL VEHICLE: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 132
TABLE 84 COMMERCIAL VEHICLE: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 133
TABLE 85 PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION,
2020–2024 (USD MILLION) 133
TABLE 86 PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION,
2025–2030 (USD MILLION) 134
TABLE 87 PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 134
TABLE 88 PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 134
TABLE 89 PASSENGER VEHICLE: LUBRICANTS MARKET, BY VEHICLE TYPE,
2020–2024 (USD MILLION) 135
TABLE 90 PASSENGER VEHICLE: LUBRICANTS MARKET, BY VEHICLE TYPE,
2025–2030 (USD MILLION) 135
TABLE 91 PASSENGER VEHICLE: LUBRICANTS MARKET, BY VEHICLE TYPE,
2020–2024 (KILOTON) 135
TABLE 92 PASSENGER VEHICLE: LUBRICANTS MARKET, BY VEHICLE TYPE,
2025–2030 (KILOTON) 135
TABLE 93 4-WHEELER PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION,
2020–2024 (USD MILLION) 136
TABLE 94 4-WHEELER PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION,
2025–2030 (USD MILLION) 136
TABLE 95 4-WHEELER PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION,
2020–2024 (KILOTON) 137
TABLE 96 4-WHEELER PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION,
2025–2030 (KILOTON) 137
TABLE 97 2-WHEELER PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION,
2020–2024 (USD MILLION) 138
TABLE 98 2-WHEELER PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION,
2025–2030 (USD MILLION) 138
TABLE 99 2-WHEELER PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION,
2020–2024 (KILOTON) 138
TABLE 100 2-WHEELER PASSENGER VEHICLE: LUBRICANTS MARKET, BY REGION,
2025–2030 (KILOTON) 139
TABLE 101 AVIATION: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 139
TABLE 102 AVIATION: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 140
TABLE 103 AVIATION: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 140
TABLE 104 AVIATION: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 140
TABLE 105 MARINE: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 141
TABLE 106 MARINE: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 141
TABLE 107 MARINE: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 142
TABLE 108 MARINE: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 142
TABLE 109 RAILWAYS: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 143
TABLE 110 RAILWAYS: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 143
TABLE 111 RAILWAYS: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 143
TABLE 112 RAILWAYS: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 144
TABLE 113 CONSTRUCTION: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 145
TABLE 114 CONSTRUCTION: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 145
TABLE 115 CONSTRUCTION: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 146
TABLE 116 CONSTRUCTION: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 146
TABLE 117 METAL & MINING: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 147
TABLE 118 METAL & MINING: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 147
TABLE 119 METAL & MINING: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 147
TABLE 120 METAL & MINING: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 148
TABLE 121 CEMENT PRODUCTION: LUBRICANTS MARKET, BY REGION,
2020–2024 (USD MILLION) 148
TABLE 122 CEMENT PRODUCTION: LUBRICANTS MARKET, BY REGION,
2025–2030 (USD MILLION) 148
TABLE 123 CEMENT PRODUCTION: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 149
TABLE 124 CEMENT PRODUCTION: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 149
TABLE 125 POWER GENERATION: LUBRICANTS MARKET, BY REGION,
2020–2024 (USD MILLION) 150
TABLE 126 POWER GENERATION: LUBRICANTS MARKET, BY REGION,
2025–2030 (USD MILLION) 150
TABLE 127 POWER GENERATION: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 150
TABLE 128 POWER GENERATION: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 151
TABLE 129 AUTOMOTIVE MANUFACTURING: LUBRICANTS MARKET, BY REGION,
2020–2024 (USD MILLION) 151
TABLE 130 AUTOMOTIVE MANUFACTURING: LUBRICANTS MARKET, BY REGION,
2025–2030 (USD MILLION) 152
TABLE 131 AUTOMOTIVE MANUFACTURING: LUBRICANTS MARKET, BY REGION,
2020–2024 (KILOTON) 152
TABLE 132 AUTOMOTIVE MANUFACTURING: LUBRICANTS MARKET, BY REGION,
2025–2030 (KILOTON) 152
TABLE 133 CHEMICAL: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 153
TABLE 134 CHEMICAL: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 153
TABLE 135 CHEMICAL: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 154
TABLE 136 CHEMICAL: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 154
TABLE 137 OIL & GAS: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 154
TABLE 138 OIL & GAS: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 155
TABLE 139 OIL & GAS: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 155
TABLE 140 OIL & GAS: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 155
TABLE 141 TEXTILE: LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 156
TABLE 142 TEXTILE: LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 156
TABLE 143 TEXTILE: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 157
TABLE 144 TEXTILE: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 157
TABLE 145 FOOD PROCESSING: LUBRICANTS MARKET, BY REGION,
2020–2024 (USD MILLION) 157
TABLE 146 FOOD PROCESSING: LUBRICANTS MARKET, BY REGION,
2025–2030 (USD MILLION) 158
TABLE 147 FOOD PROCESSING: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 158
TABLE 148 FOOD PROCESSING: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 158
TABLE 149 OTHER INDUSTRIAL: LUBRICANTS MARKET, BY REGION,
2020–2024 (USD MILLION) 159
TABLE 150 OTHER INDUSTRIAL: LUBRICANTS MARKET, BY REGION,
2025–2030 (USD MILLION) 159
TABLE 151 OTHER INDUSTRIAL: LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 159
TABLE 152 OTHER INDUSTRIAL: LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 160
TABLE 153 LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION) 162
TABLE 154 LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION) 163
TABLE 155 LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON) 163
TABLE 156 LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON) 163
TABLE 157 ASIA PACIFIC: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 165
TABLE 158 ASIA PACIFIC: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 165
TABLE 159 ASIA PACIFIC: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 165
TABLE 160 ASIA PACIFIC: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 165
TABLE 161 ASIA PACIFIC: LUBRICANTS MARKET, BY PRODUCT TYPE,
2020–2024 (USD MILLION) 166
TABLE 162 ASIA PACIFIC: LUBRICANTS MARKET, BY PRODUCT TYPE,
2025–2030 (USD MILLION) 166
TABLE 163 ASIA PACIFIC: LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (KILOTON) 167
TABLE 164 ASIA PACIFIC: LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (KILOTON) 167
TABLE 165 ASIA PACIFIC: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 168
TABLE 166 ASIA PACIFIC: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 169
TABLE 167 ASIA PACIFIC: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (KILOTON) 170
TABLE 168 ASIA PACIFIC: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (KILOTON) 171
TABLE 169 ASIA PACIFIC: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2020–2024 (USD MILLION) 171
TABLE 170 ASIA PACIFIC: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2025–2030 (USD MILLION) 171
TABLE 171 ASIA PACIFIC: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2020–2024 (KILOTON) 172
TABLE 172 ASIA PACIFIC: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2025–2030 (KILOTON) 172
TABLE 173 ASIA PACIFIC: LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (USD MILLION) 172
TABLE 174 ASIA PACIFIC: LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 173
TABLE 175 ASIA PACIFIC: LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (KILOTON) 173
TABLE 176 ASIA PACIFIC: LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (KILOTON) 174
TABLE 177 CHINA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 174
TABLE 178 CHINA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 175
TABLE 179 CHINA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 175
TABLE 180 CHINA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 175
TABLE 181 CHINA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 176
TABLE 182 CHINA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 176
TABLE 183 CHINA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 176
TABLE 184 CHINA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 177
TABLE 185 JAPAN: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 177
TABLE 186 JAPAN: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 178
TABLE 187 JAPAN: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 178
TABLE 188 JAPAN: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 178
TABLE 189 JAPAN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 179
TABLE 190 JAPAN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 179
TABLE 191 JAPAN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 180
TABLE 192 JAPAN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 180
TABLE 193 INDIA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 181
TABLE 194 INDIA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 181
TABLE 195 INDIA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 181
TABLE 196 INDIA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 181
TABLE 197 INDIA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 182
TABLE 198 INDIA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 182
TABLE 199 INDIA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 183
TABLE 200 INDIA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 183
TABLE 201 SOUTH KOREA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 184
TABLE 202 SOUTH KOREA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 184
TABLE 203 SOUTH KOREA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 184
TABLE 204 SOUTH KOREA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 184
TABLE 205 SOUTH KOREA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 185
TABLE 206 SOUTH KOREA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 185
TABLE 207 SOUTH KOREA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (KILOTON) 186
TABLE 208 SOUTH KOREA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (KILOTON) 186
TABLE 209 INDONESIA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 187
TABLE 210 INDONESIA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 187
TABLE 211 INDONESIA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 187
TABLE 212 INDONESIA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 187
TABLE 213 INDONESIA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 188
TABLE 214 INDONESIA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 188
TABLE 215 INDONESIA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (KILOTON) 188
TABLE 216 INDONESIA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (KILOTON) 189
TABLE 217 THAILAND: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 189
TABLE 218 THAILAND: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 190
TABLE 219 THAILAND: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 190
TABLE 220 THAILAND: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 190
TABLE 221 THAILAND: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 191
TABLE 222 THAILAND: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 191
TABLE 223 THAILAND: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 192
TABLE 224 THAILAND: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 192
TABLE 225 AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET, BY BASE OIL,
2020–2024 (USD MILLION) 193
TABLE 226 AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET, BY BASE OIL,
2025–2030 (USD MILLION) 193
TABLE 227 AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET, BY BASE OIL,
2020–2024 (KILOTON) 193
TABLE 228 AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET, BY BASE OIL,
2025–2030 (KILOTON) 193
TABLE 229 AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 194
TABLE 230 AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 194
TABLE 231 AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 195
TABLE 232 AUSTRALIA & NEW ZEALAND: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 195
TABLE 233 EUROPE: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 197
TABLE 234 EUROPE: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 197
TABLE 235 EUROPE: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 197
TABLE 236 EUROPE: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 198
TABLE 237 EUROPE: LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (USD MILLION) 198
TABLE 238 EUROPE: LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION) 198
TABLE 239 EUROPE: LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (KILOTON) 199
TABLE 240 EUROPE: LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (KILOTON) 199
TABLE 241 EUROPE: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 200
TABLE 242 EUROPE: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 201
TABLE 243 EUROPE: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 202
TABLE 244 EUROPE: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 203
TABLE 245 EUROPE: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE,
2020–2024 (USD MILLION) 203
TABLE 246 EUROPE: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE,
2025–2030 (USD MILLION) 203
TABLE 247 EUROPE: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE,
2020–2024 (KILOTON) 204
TABLE 248 EUROPE: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE,
2025–2030 (KILOTON) 204
TABLE 249 EUROPE: LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (USD MILLION) 204
TABLE 250 EUROPE: LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 205
TABLE 251 EUROPE: LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (KILOTON) 205
TABLE 252 EUROPE: LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (KILOTON) 206
TABLE 253 GERMANY: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 206
TABLE 254 GERMANY: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 206
TABLE 255 GERMANY: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 207
TABLE 256 GERMANY: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 207
TABLE 257 GERMANY: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 207
TABLE 258 GERMANY: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 208
TABLE 259 GERMANY: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 208
TABLE 260 GERMANY: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 209
TABLE 261 RUSSIA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 209
TABLE 262 RUSSIA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 210
TABLE 263 RUSSIA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 210
TABLE 264 RUSSIA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 210
TABLE 265 RUSSIA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 211
TABLE 266 RUSSIA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 211
TABLE 267 RUSSIA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 212
TABLE 268 RUSSIA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 212
TABLE 269 ITALY: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 213
TABLE 270 ITALY: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 213
TABLE 271 ITALY: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 213
TABLE 272 ITALY: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 213
TABLE 273 ITALY: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 214
TABLE 274 ITALY: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 214
TABLE 275 ITALY: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 215
TABLE 276 ITALY: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 215
TABLE 277 FRANCE: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 216
TABLE 278 FRANCE: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 216
TABLE 279 FRANCE: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 216
TABLE 280 FRANCE: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 216
TABLE 281 FRANCE: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 217
TABLE 282 FRANCE: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 217
TABLE 283 FRANCE: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 218
TABLE 284 FRANCE: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 218
TABLE 285 SPAIN: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 219
TABLE 286 SPAIN: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 219
TABLE 287 SPAIN: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 219
TABLE 288 SPAIN: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 220
TABLE 289 SPAIN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 220
TABLE 290 SPAIN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 220
TABLE 291 SPAIN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 221
TABLE 292 SPAIN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 221
TABLE 293 UK: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 222
TABLE 294 UK: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 222
TABLE 295 UK: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 222
TABLE 296 UK: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 222
TABLE 297 UK: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 223
TABLE 298 UK: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 223
TABLE 299 UK: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 224
TABLE 300 UK: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 224
TABLE 301 TURKEY: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 225
TABLE 302 TURKEY: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 225
TABLE 303 TURKEY: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 225
TABLE 304 TURKEY: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 225
TABLE 305 TURKEY: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 226
TABLE 306 TURKEY: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 226
TABLE 307 TURKEY: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 226
TABLE 308 TURKEY: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 227
TABLE 309 NORTH AMERICA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 228
TABLE 310 NORTH AMERICA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 229
TABLE 311 NORTH AMERICA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 229
TABLE 312 NORTH AMERICA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 229
TABLE 313 NORTH AMERICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2020–2024 (USD MILLION) 230
TABLE 314 NORTH AMERICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2025–2030 (USD MILLION) 230
TABLE 315 NORTH AMERICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2020–2024 (KILOTON) 231
TABLE 316 NORTH AMERICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2025–2030 (KILOTON) 231
TABLE 317 NORTH AMERICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 232
TABLE 318 NORTH AMERICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 233
TABLE 319 NORTH AMERICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (KILOTON) 234
TABLE 320 NORTH AMERICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (KILOTON) 235
TABLE 321 NORTH AMERICA: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2020–2024 (USD MILLION) 235
TABLE 322 NORTH AMERICA: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2025–2030 (USD MILLION) 236
TABLE 323 NORTH AMERICA: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2020–2024 (KILOTON) 236
TABLE 324 NORTH AMERICA: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2025–2030 (KILOTON) 236
TABLE 325 NORTH AMERICA: LUBRICANTS MARKET, BY COUNTRY,
2020–2024 (USD MILLION) 236
TABLE 326 NORTH AMERICA: LUBRICANTS MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 237
TABLE 327 NORTH AMERICA: LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (KILOTON) 237
TABLE 328 NORTH AMERICA: LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (KILOTON) 237
TABLE 329 US: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 238
TABLE 330 US: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 238
TABLE 331 US: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 239
TABLE 332 US: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 239
TABLE 333 US: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 239
TABLE 334 US: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 240
TABLE 335 US: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 240
TABLE 336 US: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 241
TABLE 337 CANADA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 241
TABLE 338 CANADA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 241
TABLE 339 CANADA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 242
TABLE 340 CANADA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 242
TABLE 341 CANADA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 242
TABLE 342 CANADA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 243
TABLE 343 CANADA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 243
TABLE 344 CANADA: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 244
TABLE 345 MEXICO: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 244
TABLE 346 MEXICO: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 245
TABLE 347 MEXICO: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 245
TABLE 348 MEXICO: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 245
TABLE 349 MEXICO: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 246
TABLE 350 MEXICO: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 246
TABLE 351 MEXICO: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 247
TABLE 352 MEXICO: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 247
TABLE 353 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY BASE OIL,
2020–2024 (USD MILLION) 248
TABLE 354 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY BASE OIL,
2025–2030 (USD MILLION) 248
TABLE 355 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY BASE OIL,
2020–2024 (KILOTON) 248
TABLE 356 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY BASE OIL,
2025–2030 (KILOTON) 248
TABLE 357 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2020–2024 (USD MILLION) 249
TABLE 358 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2025–2030 (USD MILLION) 249
TABLE 359 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2020–2024 (KILOTON) 250
TABLE 360 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2025–2030 (KILOTON) 250
TABLE 361 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 251
TABLE 362 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 252
TABLE 363 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (KILOTON) 253
TABLE 364 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (KILOTON) 254
TABLE 365 MIDDLE EAST & AFRICA: LUBRICANTS MARKET IN PASSENGER VEHICLE,
BY VEHICLE TYPE, 2020–2024 (USD MILLION) 254
TABLE 366 MIDDLE EAST & AFRICA: LUBRICANTS MARKET IN PASSENGER VEHICLE,
BY VEHICLE TYPE, 2025–2030 (USD MILLION) 254
TABLE 367 MIDDLE EAST & AFRICA: LUBRICANTS MARKET IN PASSENGER VEHICLE,
BY VEHICLE TYPE, 2020–2024 (KILOTON) 255
TABLE 368 MIDDLE EAST & AFRICA: LUBRICANTS MARKET IN PASSENGER VEHICLE,
BY VEHICLE TYPE, 2025–2030 (KILOTON) 255
TABLE 369 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY COUNTRY,
2020–2024 (USD MILLION) 255
TABLE 370 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 256
TABLE 371 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY COUNTRY,
2020–2024 (KILOTON) 256
TABLE 372 MIDDLE EAST & AFRICA: LUBRICANTS MARKET, BY COUNTRY,
2025–2030 (KILOTON) 257
TABLE 373 SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY BASE OIL,
2020–2024 (USD MILLION) 258
TABLE 374 SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY BASE OIL,
2025–2030 (USD MILLION) 258
TABLE 375 SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY BASE OIL,
2020–2024 (KILOTON) 258
TABLE 376 SAUDI ARABIA: SYNTHETIC LUBRICANTS MARKET, BY BASE OIL,
2025–2030 (KILOTON) 259
TABLE 377 SAUDI ARABIA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 259
TABLE 378 SAUDI ARABIA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 259
TABLE 379 SAUDI ARABIA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (KILOTON) 260
TABLE 380 SAUDI ARABIA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (KILOTON) 260
TABLE 381 IRAN: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 261
TABLE 382 IRAN: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 261
TABLE 383 IRAN: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 261
TABLE 384 IRAN: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 262
TABLE 385 IRAN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 262
TABLE 386 IRAN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 262
TABLE 387 IRAN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 263
TABLE 388 IRAN: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 263
TABLE 389 SOUTH AFRICA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 264
TABLE 390 SOUTH AFRICA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 264
TABLE 391 SOUTH AFRICA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 264
TABLE 392 SOUTH AFRICA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 264
TABLE 393 SOUTH AFRICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 265
TABLE 394 SOUTH AFRICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 265
TABLE 395 SOUTH AFRICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (KILOTON) 266
TABLE 396 SOUTH AFRICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (KILOTON) 266
TABLE 397 SOUTH AMERICA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 267
TABLE 398 SOUTH AMERICA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 267
TABLE 399 SOUTH AMERICA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 267
TABLE 400 SOUTH AMERICA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 268
TABLE 401 SOUTH AMERICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2020–2024 (USD MILLION) 268
TABLE 402 SOUTH AMERICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2025–2030 (USD MILLION) 268
TABLE 403 SOUTH AMERICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2020–2024 (KILOTON) 269
TABLE 404 SOUTH AMERICA: LUBRICANTS MARKET, BY PRODUCT TYPE,
2025–2030 (KILOTON) 269
TABLE 405 SOUTH AMERICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 270
TABLE 406 SOUTH AMERICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
–2030 (USD MILLION) 271
TABLE 407 SOUTH AMERICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (KILOTON) 272
TABLE 408 SOUTH AMERICA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (KILOTON) 273
TABLE 409 SOUTH AMERICA: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2020–2024 (USD MILLION) 273
TABLE 410 SOUTH AMERICA: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2025–2030 (USD MILLION) 273
TABLE 411 SOUTH AMERICA: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2020–2024 (KILOTON) 274
TABLE 412 SOUTH AMERICA: LUBRICANTS MARKET IN PASSENGER VEHICLE, BY VEHICLE TYPE, 2025–2030 (KILOTON) 274
TABLE 413 SOUTH AMERICA: LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (USD MILLION) 274
TABLE 414 SOUTH AMERICA: LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 274
TABLE 415 SOUTH AMERICA: LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (KILOTON) 275
TABLE 416 SOUTH AMERICA: LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (KILOTON) 275
TABLE 417 BRAZIL: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 276
TABLE 418 BRAZIL: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 276
TABLE 419 BRAZIL: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 276
TABLE 420 BRAZIL: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 276
TABLE 421 BRAZIL: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 277
TABLE 422 BRAZIL: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 277
TABLE 423 BRAZIL: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON) 278
TABLE 424 BRAZIL: LUBRICANTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON) 278
TABLE 425 ARGENTINA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION) 279
TABLE 426 ARGENTINA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION) 279
TABLE 427 ARGENTINA: LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON) 279
TABLE 428 ARGENTINA: LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON) 279
TABLE 429 ARGENTINA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (USD MILLION) 280
TABLE 430 ARGENTINA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 280
TABLE 431 ARGENTINA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2020–2024 (KILOTON) 281
TABLE 432 ARGENTINA: LUBRICANTS MARKET, BY END-USE INDUSTRY,
2025–2030 (KILOTON) 281
TABLE 433 OVERVIEW OF STRATEGIES ADOPTED BY KEY LUBRICANT MANUFACTURERS 282
TABLE 434 LUBRICANTS MARKET: DEGREE OF COMPETITION 284
TABLE 435 LUBRICANTS MARKET: REGION FOOTPRINT 289
TABLE 436 LUBRICANTS MARKET: BASE OIL FOOTPRINT 290
TABLE 437 LUBRICANTS MARKET: PRODUCT TYPE FOOTPRINT 291
TABLE 438 LUBRICANTS MARKET: END-USE INDUSTRY FOOTPRINT 292
TABLE 439 LUBRICANTS MARKET: DETAILED LIST OF KEY STARTUPS/SMES 295
TABLE 440 LUBRICANTS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 295
TABLE 441 LUBRICANTS MARKET: PRODUCT LAUNCHES, JANUARY 2019–FEBRUARY 2024 298
TABLE 442 LUBRICANTS MARKET: DEALS, JANUARY 2019–FEBRUARY 2024 300
TABLE 443 LUBRICANTS MARKET: EXPANSIONS, JANUARY 2019–FEBRUARY 2024 304
TABLE 444 LUBRICANTS MARKET: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024 307
TABLE 445 EXXON MOBIL CORPORATION: COMPANY OVERVIEW 308
TABLE 446 EXXON MOBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 309
TABLE 447 EXXON MOBIL CORPORATION: PRODUCT LAUNCHES,
JANUARY 2019–FEBRUARY 2024 313
TABLE 448 EXXON MOBIL CORPORATION: DEALS, JANUARY 2019–FEBRUARY 2024 313
TABLE 449 EXXON MOBIL CORPORATION: EXPANSIONS, JANUARY 2019–FEBRUARY 2024 314
TABLE 450 TOTALENERGIES SE: COMPANY OVERVIEW 316
TABLE 451 TOTALENERGIES SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 317
TABLE 452 TOTALENERGIES SE: PRODUCT LAUNCHES, JANUARY 2019–FEBRUARY 2024 319
TABLE 453 TOTALENERGIES SE: DEALS, JANUARY 2019–FEBRUARY 2024 319
TABLE 454 TOTALENERGIES SE: EXPANSIONS, JANUARY 2019–FEBRUARY 2024 321
TABLE 455 SHELL PLC: COMPANY OVERVIEW 322
TABLE 456 SHELL PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 323
TABLE 457 SHELL PLC: PRODUCT LAUNCHES, JANUARY 2019–FEBRUARY 2024 327
TABLE 458 SHELL PLC: DEALS, JANUARY 2019–FEBRUARY 2024 327
TABLE 459 SHELL PLC: EXPANSIONS, JANUARY 2019–FEBRUARY 2024 328
TABLE 460 SHELL PLC: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024 329
TABLE 461 CHEVRON CORPORATION: COMPANY OVERVIEW 330
TABLE 462 CHEVRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 331
TABLE 463 CHEVRON CORPORATION: PRODUCT LAUNCHES, JANUARY 2019–FEBRUARY 2024 333
TABLE 464 CHEVRON CORPORATION: DEALS, JANUARY 2019–FEBRUARY 2024 333
TABLE 465 CHEVRON CORPORATION: EXPANSIONS, JANUARY 2019–FEBRUARY 2024 334
TABLE 466 BP P.L.C.: COMPANY OVERVIEW 336
TABLE 467 BP P.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 337
TABLE 468 BP P.L.C.: DEALS, JANUARY 2019–FEBRUARY 2024 339
TABLE 469 BP P.L.C.: EXPANSIONS, JANUARY 2019–FEBRUARY 2024 340
TABLE 470 PETROCHINA COMPANY LIMITED: COMPANY OVERVIEW 341
TABLE 471 PETROCHINA COMPANY LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 342
TABLE 472 PETROCHINA COMPANY LIMITED: DEALS, JANUARY 2019–FEBRUARY 2024 343
TABLE 473 CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY OVERVIEW 344
TABLE 474 CHINA PETROLEUM & CHEMICAL CORPORATION: PRODUCTS/SOLUTIONS/ SERVICES OFFERED 345
TABLE 475 CHINA PETROLEUM & CHEMICAL CORPORATION: PRODUCT LAUNCHES,
JANUARY 2019–FEBRUARY 2024 347
TABLE 476 CHINA PETROLEUM & CHEMICAL CORPORATION: DEALS,
JANUARY 2019–FEBRUARY 2024 347
TABLE 477 CHINA PETROLEUM & CHEMICAL CORPORATION: EXPANSIONS,
JANUARY 2019–FEBRUARY 2024 348
TABLE 478 ENEOS HOLDINGS, INC.: COMPANY OVERVIEW 349
TABLE 479 ENEOS HOLDINGS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 350
TABLE 480 ENEOS HOLDINGS, INC.: PRODUCT LAUNCHES, JANUARY 2019–FEBRUARY 2024 351
TABLE 481 ENEOS HOLDINGS, INC.: DEALS, JANUARY 2019–FEBRUARY 2024 351
TABLE 482 ENEOS HOLDINGS, INC.: EXPANSIONS, JANUARY 2019–FEBRUARY 2024 352
TABLE 483 IDEMITSU KOSAN CO., LTD.: COMPANY OVERVIEW 353
TABLE 484 IDEMITSU KOSAN CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 354
TABLE 485 IDEMITSU KOSAN CO., LTD.: PRODUCT LAUNCHES,
JANUARY 2019–FEBRUARY 2024 356
TABLE 486 IDEMITSU KOSAN CO., LTD.: DEALS, JANUARY 2019–FEBRUARY 2024 356
TABLE 487 IDEMITSU KOSAN CO., LTD.: EXPANSIONS, JANUARY 2019–FEBRUARY 2024 357
TABLE 488 PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY OVERVIEW 358
TABLE 489 PETROLIAM NASIONAL BERHAD (PETRONAS): PRODUCTS/SOLUTIONS/
SERVICES OFFERED 359
TABLE 490 PETROLIAM NASIONAL BERHAD (PETRONAS): DEALS,
JANUARY 2019–FEBRUARY 2024 361
TABLE 491 PETROLIAM NASIONAL BERHAD (PETRONAS): EXPANSIONS,
JANUARY 2019–FEBRUARY 2024 361
TABLE 492 FUCHS SE: COMPANY OVERVIEW 362
TABLE 493 ENOC COMPANY: COMPANY OVERVIEW 363
TABLE 494 PETROLEO BRASILEIRO S.A. (PETROBRAS): COMPANY OVERVIEW 364
TABLE 495 PJSC LUKOIL: COMPANY OVERVIEW 365
TABLE 496 PT PERTAMINA (PERSERO): COMPANY OVERVIEW 366
TABLE 497 ENI S.P.A.: COMPANY OVERVIEW 366
TABLE 498 PJSC ROSNEFT OIL COMPANY: COMPANY OVERVIEW 367
TABLE 499 GAZPROMNEFT-SM LLC: COMPANY OVERVIEW 367
TABLE 500 GULF OIL INTERNATIONAL LTD.: COMPANY OVERVIEW 368
TABLE 501 PHILLIPS 66: COMPANY OVERVIEW 369
TABLE 502 INDIAN OIL CORPORATION LIMITED: COMPANY OVERVIEW 370
TABLE 503 COSMO OIL LUBRICANTS CO., LTD.: COMPANY OVERVIEW 371
TABLE 504 KLUBER LUBRICATION: COMPANY OVERVIEW 371
TABLE 505 HINDUSTAN PETROLEUM CORPORATION LIMITED (HPCL): COMPANY OVERVIEW 372
TABLE 506 MOTUL S.A.: COMPANY OVERVIEW 372
TABLE 507 BASE OIL MARKET, BY REGION, 2016–2019 (USD MILLION) 374
TABLE 508 BASE OIL MARKET, BY REGION, 2020–2025 (USD MILLION) 374
TABLE 509 BASE OIL MARKET, BY REGION, 2016–2019 (KILOTONS) 374
TABLE 510 BASE OIL MARKET, BY REGION, 2020–2025 (KILOTONS) 375
TABLE 511 EUROPE: BASE OIL MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 375
TABLE 512 EUROPE: BASE OIL MARKET, BY COUNTRY, 2020–2025 (USD MILLION) 375
TABLE 513 EUROPE: BASE OIL MARKET, BY COUNTRY, 2016–2019 (KILOTONS) 376
TABLE 514 EUROPE: BASE OIL MARKET, BY COUNTRY, 2020–2025 (KILOTONS) 376
TABLE 515 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 376
TABLE 516 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2020–2025 (USD MILLION) 377
TABLE 517 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2016–2019 (KILOTONS) 377
TABLE 518 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2020–2025 (KILOTONS) 377
TABLE 519 ASIA PACIFIC: BASE OIL MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 377
TABLE 520 ASIA PACIFIC: BASE OIL MARKET, BY COUNTRY, 2020–2025 (USD MILLION) 378
TABLE 521 ASIA PACIFIC: BASE OIL MARKET, BY COUNTRY, 2016–2019 (KILOTONS) 378
TABLE 522 ASIA PACIFIC: BASE OIL MARKET, BY COUNTRY, 2020–2025 (KILOTONS) 378
TABLE 523 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2016–2019 (USD MILLION) 379
TABLE 524 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2020–2025 (USD MILLION) 379
TABLE 525 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2016–2019 (KILOTONS) 379
TABLE 526 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2020–2025 (KILOTONS) 380
TABLE 527 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 380
TABLE 528 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2020–2025 (USD MILLION) 380
TABLE 529 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2016–2019 (KILOTONS) 381
TABLE 530 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2020–2025 (KILOTONS) 381
FIGURE 1 LUBRICANTS MARKET SEGMENTATION AND REGIONAL SPREAD 33
FIGURE 2 LUBRICANTS MARKET: RESEARCH DESIGN 38
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE SHARE OF KEY PLAYERS 42
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS (BOTTOM-UP) 42
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE): PRODUCTS SOLD (BOTTOM UP) 43
FIGURE 6 LUBRICANTS MARKET: DATA TRIANGULATION 44
FIGURE 7 MARKET GROWTH PROJECTION FROM SUPPLY SIDE 45
FIGURE 8 MARKET GROWTH PROJECTION FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES 46
FIGURE 9 MINERAL OIL LUBRICANTS SEGMENT TO ACCOUNT FOR LARGEST
SHARE DURING FORECAST PERIOD 47
FIGURE 10 ENGINE OIL DOMINATED OVERALL LUBRICANTS MARKET IN 2024 48
FIGURE 11 PASSENGER VEHICLE TO BE DOMINANT CONSUMER OF LUBRICANTS IN TRANSPORTATION SEGMENT DURING FORECAST PERIOD 48
FIGURE 12 CONSTRUCTION TO BE LEADING END USER OF LUBRICANTS
IN INDUSTRIAL SEGMENT 49
FIGURE 13 ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 50
FIGURE 14 LUBRICANTS MARKET TO WITNESS STEADY GROWTH DURING FORECAST PERIOD 51
FIGURE 15 CHINA LED ASIA PACIFIC LUBRICANTS MARKET IN 2024 52
FIGURE 16 ASIA PACIFIC TO BE LARGEST MARKET FOR LUBRICANTS DURING
FORECAST PERIOD 52
FIGURE 17 TRANSPORTATION INDUSTRY LED LUBRICANTS MARKET IN 2024 53
FIGURE 18 CHINA PROJECTED TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 53
FIGURE 19 LUBRICANTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 54
FIGURE 20 GOVERNMENT TARGETS FOR ELECTRIC VEHICLES 58
FIGURE 21 LUBRICANTS MARKET: PORTER'S FIVE FORCES ANALYSIS 61
FIGURE 22 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE
END-USE INDUSTRIES (TRANSPORTATION) 63
FIGURE 23 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES (TRANSPORTATION) 64
FIGURE 24 LUBRICANTS MARKET: SUPPLY CHAIN ANALYSIS 66
FIGURE 25 AVERAGE SELLING PRICE OF LUBRICANTS OFFERED BY KEY PLAYERS,
BY BASE OIL, 2024 68
FIGURE 26 AVERAGE SELLING PRICE TREND OF LUBRICANTS, BY REGION,
2022–2030 (USD/KG) 69
FIGURE 27 TREND/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES 70
FIGURE 28 ECOSYSTEM OF LUBRICANTS MARKET 71
FIGURE 29 IMPORT DATA FOR HS CODE – 2710 OF LUBRICANTS, BY KEY COUNTRY,
2018–2023 (USD BILLION) 75
FIGURE 30 EXPORT DATA FOR HS CODE- 2710 OF LUBRICANTS, BY KEY COUNTRY,
2018–2023 (USD BILLION) 76
FIGURE 31 PATENTS REGISTERED, 2014–2024 83
FIGURE 32 LIST OF MAJOR PATENTS FOR LUBRICANTS 84
FIGURE 33 LEGAL STATUS OF PATENTS FILED IN LUBRICANTS MARKET 88
FIGURE 34 MAXIMUM PATENTS FILED IN JURISDICTION OF US 89
FIGURE 35 IMPACT OF AI/GEN AI ON LUBRICANTS MARKET 89
FIGURE 36 MINERAL OIL LUBRICANTS TO DOMINATE GLOBAL LUBRICANTS MARKET
DURING FORECAST PERIOD 97
FIGURE 37 FACTORS AFFECTING GLOBAL SYNTHETIC LUBRICANTS MARKET 101
FIGURE 38 ENGINE OIL TO DOMINATE MARKET DURING FORECAST PERIOD 107
FIGURE 39 PASSENGER VEHICLE TO BE LARGEST END USER OF LUBRICANTS
IN TRANSPORTATION INDUSTRY DURING FORECAST PERIOD 131
FIGURE 40 CONSTRUCTION TO BE LARGEST END-USE SEGMENT OF LUBRICANTS
IN INDUSTRIAL SEGMENT DURING FORECAST PERIOD 144
FIGURE 41 ASIA PACIFIC TO BE LARGEST MARKET FOR LUBRICANTS
DURING FORECAST PERIOD 162
FIGURE 42 ASIA PACIFIC: LUBRICANTS MARKET SNAPSHOT 164
FIGURE 43 EUROPE: LUBRICANTS MARKET SNAPSHOT 196
FIGURE 44 NORTH AMERICA: LUBRICANTS MARKET SNAPSHOT 228
FIGURE 45 SHELL PLC LED LUBRICANTS MARKET IN 2024 285
FIGURE 46 LUBRICANTS MARKET: REVENUE ANALYSIS OF KEY PLAYERS,
2020−2024 (USD MILLION) 286
FIGURE 47 LUBRICANTS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 287
FIGURE 48 LUBRICANTS MARKET: COMPANY FOOTPRINT 288
FIGURE 49 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 294
FIGURE 50 LUBRICANTS MARKET: ENTERPRISE VALUATION (EV) OF KEY PLAYERS 296
FIGURE 51 LUBRICANTS MARKET: EV/EBITDA OF KEY MANUFACTURERS 296
FIGURE 52 LUBRICANTS MARKET: PRODUCT COMPARISON OF KEY PLAYERS 297
FIGURE 53 EXXON MOBIL CORPORATION: COMPANY SNAPSHOT 309
FIGURE 54 TOTALENERGIES SE: COMPANY SNAPSHOT 317
FIGURE 55 SHELL PLC: COMPANY SNAPSHOT 323
FIGURE 56 CHEVRON CORPORATION: COMPANY SNAPSHOT 331
FIGURE 57 BP P.L.C.: COMPANY SNAPSHOT 337
FIGURE 58 PETROCHINA COMPANY LIMITED: COMPANY SNAPSHOT 342
FIGURE 59 CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY SNAPSHOT 345
FIGURE 60 ENEOS HOLDINGS, INC.: COMPANY SNAPSHOT 349
FIGURE 61 IDEMITSU KOSAN CO., LTD.: COMPANY SNAPSHOT 354
FIGURE 62 PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY SNAPSHOT 359