Global Lubricant Industry 2024: Growth Opportunities in EVs

This report evaluates the current and future state of the global lubricants industry, analyzing the effects of supply chains, sustainability, regulations, and product innovation. It provides data on lubricant volumes and revenues from 2019 to 2030 across various end-user segments, with revenue figures reported at the manufacturer level.

Lubricants play a crucial role in reducing friction between components, preventing equipment malfunctions and operational issues in diverse industries. From 2020 to 2023, global lubricant consumption experienced slow growth due to reduced activities in automotive and other industrial sectors during the COVID-19 pandemic. Despite this, the industry is expected to see moderate volume growth in the forecast period.

The report covers the global lubricants market from both product and end-user perspectives, including passenger vehicles, on-road commercial vehicles, off-highway construction equipment, and industrial applications.

Growth Opportunities Highlighted:

  • High-quality base oil lubricants
  • Automatic lubrication systems for industrial use
  • Lubricants for electric vehicles and heavy equipment

Key Sections Include:

  • Strategic Imperatives and their Impact on the Industry
  • Growth Opportunity Analysis
  • Revenue and Volume Forecasts by End User and Region
  • Pricing Trends and Forecasts
  • Regulatory Landscape and its Implications
  • Competitive Environment and Market Share
  • Sustainability and Circular Economy in Lubricants

Company Case Studies:

  • PURAGLOBE GmbH
  • Avista Oil AG
  • Neste Corp.
  • ReGen III Corp.
  • Biosynthetic Technologies, LLC
  • BioBlend Renewable Resources, LLC
  • Renewable Lubricants, Inc.
  • FUCHS

For further details, visit ResearchAndMarkets.com.

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