Request a Discount
Order Now
Order Now
Order Now
Visit MCG's Reports' Library
Request a Free Report Sample
Buy It Now
Buy It Now
Buy It Now
Report Snapshots
Lubricants Market- Competitive Analysis, Opportunity & Forecast, 2027

Global Lubricants Market by Type(Mineral Oil, Synthetic Lubricants, Greases, Bio-Based Lubricants), by Applications (Engine Oil, Gear Oil, Transmission and Hydraulic Fluids, General Industrial Oils, Process Oils, Metalworking Fluids & Others), by Additives(Dispersants, Viscosity Index Improvers, Detergents, Anti-Wear Additives, Antioxidants, Friction Modifiers & Others) by Region (North America, Europe, Asia Pacific, Latin America andMiddle East &Africa); Size and Forecast, 2020-2027

Market Overview

Global Lubricants Market is expected to grow over a CAGR of 4% during 2020-2027 in terms of value. The growing number of commercial vehicle,passenger vehicle, and growth in the marineand aviationindustries are the drivers of the globallubricants market.

Lubricants refer to a material that helps to reduce the friction between moving parts of machines. They are widely used in automobiles industries and other large industries.Strong global trade, supportive domestic policiesand rising commodity prices have propelled the growth of the industrial sector in developing economies like China, India,Indonesia and South Korea markets. Thus, Strong domestic growth, primarily GDP growth fueled byfixed investmentandprivate consumption has accelerated industrial sector progress which has positively induced application of lubricants in industrial sector.

Market Segmentation

Global Lubricants Market can be segmented into Type, Applications, Additives,and Region.

Based on Type, the Lubricant market is segmented into Synthetic Lubricants, Mineral Oil,Greases and Bio-Based Lubricants.

Based on Application, the Lubricant market is segmented into Gear Oil, Process Oils, Engine Oil, General Industrial Oils, Transmission and Hydraulic Fluids, Metalworking Fluids & Others.

Based on Additives, the Lubricant market is segmented intoDispersants, Detergents, Viscosity Index Improvers, Anti-Wear Additives, Friction Modifiers, Antioxidants,& Others.

Based on Region, North America, Europe, Asia Pacific, Latin America and Middle East&Africa

Global Lubricants Market: Key Findings of the Report

Key findings of the report “Global Lubricants Market Size, Share, Development, Growth and Demand Forecast to 2027” are:

  • Synthetic Lubricants segment is likely to grow highest with a significant CAGR of 7% during the forecasted period due to its better viscosity stability in extreme temperature conditions. Synthetic lubricants are manufactured by the combination of additivesbase andoil. Synthetic lubricantsincrease the durability of the machinesand enhancethe quality.
  • General Industrial Oil & Process Oil Application is expected to grow with a CAGR of 6% during the forecasted period of 2020-27. General Industrial oils are increasingly used in various industrial applications such as auxiliary equipment, air compressors,food machinery, bearings,gas engines, etc. Process oils provide high stability,viscosity plasticity and low volatility. Therefore it increases the performance of rubber and tire products.
  • Middle-East & Africa lubricant market is the fastest growing market across the globe with a CAGR of 5%. The Middle East & Africa lubricants market is expected to grow significantly in the coming years. The demand for lubricants is increasing and will continue to increase due to the growth of industrialand transportation sector. The development of the tourism, quarrying, mining industries in Africa and crude oil and natural gas exploration, construction industries in the Middle East is expected to influence to the growth of lubricants market in this region.

Competitor Analysis

  • The key players in Global Lubricants Market are Chevron, ExxonMobil Corporation, Royal Dutch Shell, British Petroleum, Total S.A., etc.

Research Methodology

Extensive secondary research was conducted using paid data sources including Bloomberg,Capital IQ, Factiva, Hoovers, andOneSource. Additionally, several publicly-available data sources were used including statistics articles,journals, and industry associations. These data sources were used to gather relevant information to develop an understanding of the global Market. The research was conducted covering the desk research and primary research. Data sources used for primary research included online forums and blogs, CAPI interviews, CATI/CAWI,and video conferences. Interviews were conducted through connecting with various industry respondents including C-level executives, directors, regional heads,divisional heads, expert consultants, and independent consultants. The primary research was conducted to gain market insights from industry respondents and validate the gathered information through desk research.

USD 4,500.00 $

Quantitative IntelligenceTM  

Price: USD $2,500


For an Immidiate Free Consultation

Call Us: +91-98110 25630

For an Immidiate Free Consultation

Call Us: +91-98110 25630

For an Immidiate Free Consultation

Call Us: +91-98110 25630

Contact Us for Any Report's Topic which You are Looking For

Handpicked Topics 


Price: USD $4,500

Related Reports

Extra Facilities You will get by Partnering with Us


On demand customization of 

scope of the report to meet 

you exact needs


Targeted market view to provide 

partinent information and save 

time of readers


Lifetime Client Support from our 

Analyst to get you complete satisfaction 

Qualitative IntelligenceTM 

Price: USD $2,500

Clientele: Focused for those clients' who are looking for both the quantitative and qualitative analysis Oriented report of any market or business challenges. 


  • Detailed Executive Summary
  • Market Insights 
    • Value Chain analysis
    • Market drivers, challenges, opportunity analysis
    • Competitive analysis
    • Porters & PESTEL analysis
    • Pricing Analysis
  • Market Size & Forecast
    • By Region
    • By Product segments
  • Market Share
    • By Company (Competitors)

Clientele: Focused for those clients' who are looking for Data Oriented report of any market or business challenges. 


  • Detailed Executive Summary
  • Global Market Size & Forecast
    • By Value ($ Million)
    • By Volume (Units, Kg, etc.)
  • Regional Market & Forecast (North America, Europe, Asia Pacific, Middle East, Africa, Latin America)
    • By Respective Countries of those regions
  • Market Size & Forecast by product segments 
  • Market Share & Trends
    • By Company (Competitors)
    • By Regions
    • By Product Segments
  • Pricing Analysis
    • By Region

Clientele: Focused for those clients' who are looking for analysis Oriented report of any market or business challenges. 


  • Detailed Executive Summary
  • Market Drivers, Challenges, Oppertunity analysis 
  • Value chain analysis 
  • Pricing Analysis
  • Competitive Analysis
  • Market Potential Analysis
  • Cost Structure Analysis
  • Patent Analysis
  • Growth Potential Analysis
  • Porter's 5 Forces Analysis 
  • PESTEL analysis 
  • Other analysis as per the client requirement

MCG research team found that there is a gap occurring between client and market research companies to deliver the actionable insights and consulting reports. The expectations of clients are increasing due to the complex business dynamics. Clients expect actionable insights from market research companies, which can help them take quick informed business decisions. Insightful strategic reports delivered within stipulated timelines are becoming an increasing challenge for market research companies globally. To overcome those challenges, MCG came up with an unique report model, which is a smart and clever business strategic product offering to present any kind of critical business challenges and market insights with an interesting and actionable way. Depending on client's specific requirements and their expections, MCG generates three unique kind of Industry Reports

Our Hand Picked 

"Forecast Intelligence Report"

Qualitative IntelligenceTM 
              Price: $2,500   l
Quantitative IntelligenceTM 
              Price: $2,500  l
              Price: $4,500  l

Speak with an Analyst




Request us for the 

Table Of Content(ToC) / Queries

Why MCG's Report?

Product Offerings

Need a Discount? Get in touch with us for a special pricing?

We can give you a competitive pricing solution as per your research requirements!

Chat with Our Consultant before you make your Purchasing Decision

Chat With Us on WhatsApp