The report covers North American lubricants Companies and the market is segmented by end-user (automotive, heavy equipment, metallurgy & metalworking, power generation), by product type (engine oils, greases, hydraulic fluids, metalworking fluids, transmission & gear oils), and by country (Canada, Mexico, United States).

The market value of lubricants and fuel additives in North America reached 4.6 billion U.S. dollars in 2023 and is forecast to climb to more than six billion U.S. dollars by 2031. More information on the lubricant and fuel additives market can be found here.

The report covers North America Automotive Lubricants Manufacturers and the market is segmented by Vehicle Type (Commercial Vehicles, Motorcycles, Passenger Vehicles), by Product Type (Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils) and by Country (Canada, Mexico, US).

The North America Oil & Gas Lubricants Market is segmented by Location (Onshore and Offshore), Product Type (Grease, Coolant/Anti-freezer, Engine Oils, Hydraulic Fluids, and Other Product Types), Sector (Upstream, Midstream, and Downstream), and Geography (US, Canada, Mexico, and Rest of North America). The report offers the market sizes and forecasts in volume (kiloton) for all the above segments.

The fluids and lubricants market in North America was worth some 26.7 billion U.S. dollars in 2023. In 2024, the market value for such products is expected to amount to more than 27 billion U.S. dollars.More information on the fluids and lubricants market can be found here.

North America Lubricants Market is expected to reach at a CAGR of 2.52% during the forecast period 2024-2031

The North America oil and gas lubricants market size reached USD 33.20 Billion in 2024. The market is expected to grow at a CAGR of 1.80% between 2025 and 2034, reaching almost USD 39.68 Billion by 2034.

The North America Automotive Lubricants report features an extensive regional analysis, identifying market penetration levels across major geographic areas. It highlights regional growth trends and opportunities, allowing businesses to tailor their market entry strategies and maximize growth in specific regions.

Technological advancements in the North America Lubricants industry are shaping the future market landscape. The report evaluates innovation-driven growth and how emerging technologies are transforming industry practices, offering a comprehensive outlook on future opportunities and market potential.

North America Lubricants Market size was valued at USD 24.72 Billion in 2024 and is projected to reach USD 39.78 Billion by 2032, growing at a CAGR of 6.13% during the forecast period from 2026-2032.

North America Lubricants Market: Definition/ Overview

Lubricants are substances, typically liquid, semi-solid, or solid, that reduce friction between moving surfaces. They minimize wear and heat generation by forming a protective film, thereby extending the lifespan and enhancing the efficiency of mechanical components. They also serve to control corrosion, dissipate heat, and remove contaminants from mechanical systems. Lubricants are essential across diverse industries, including automotive, aerospace, and manufacturing, ensuring optimal performance and reliability of machinery.

Lubricants serve to minimize friction and wear between moving surfaces, thereby extending equipment lifespan and enhancing operational efficiency.

North America Textile Lubricants market size will be USD 1126.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 1478.8 Million by 2031. This growth is mainly attributed to the rising demand for high-performance fabrics in the region's sports.

The North America automotive lubricants market size reached approximately USD 22.56 Billion in 2024. The market is projected to grow at a CAGR of 4.20% between 2025 and 2034, reaching a value of around USD 34.04 Billion by 2034.

The North America commercial vehicles lubricants market size was valued at USD 16.83 Billion in 2024. The market is further projected to grow at a CAGR of 3.90% between 2025 and 2034, reaching a value of USD 24.67 Billion by 2034.

The North American oil and gas lubricants market, encompassing the United States, Canada, and Mexico, exhibits robust growth potential, driven by increasing oil and gas production activities and a rising demand for specialized lubricants to enhance operational efficiency and extend equipment lifespan. The market's expansion is fueled by several key factors. Firstly, the ongoing exploration and development of new oil and gas reserves, particularly in unconventional sources like shale gas and tight oil, necessitates a consistent supply of high-performance lubricants. Secondly, stringent environmental regulations promoting reduced emissions and improved waste management are driving demand for eco-friendly lubricants. This trend is further amplified by the increasing adoption of advanced lubrication technologies that minimize energy consumption and operational costs. Finally, the growing emphasis on predictive maintenance and digitalization within the oil and gas sector is leading to increased lubricant consumption as operators optimize equipment performance through data-driven insights. Segment-wise, the onshore segment is currently larger than the offshore segment due to higher oil and gas extraction activities on land. However, offshore operations are expected to witness significant growth, driven by technological advancements enabling exploration in deeper waters. Among product types, engine oils and hydraulic fluids hold significant market share, while grease and coolants also contribute substantially. The downstream sector shows higher demand compared to upstream and midstream due to the concentration of refining and processing activities, increasing lubricant demand at those stages. Major players, including BP, Chevron, ExxonMobil, and Shell, are actively investing in research and development, introducing advanced lubricant formulations to cater to the evolving needs of the industry. The market's positive trajectory is expected to continue throughout the forecast period. The competitive landscape is characterized by both large multinational corporations and specialized lubricant manufacturers. These companies compete based on factors such as product quality, price, technological innovation, and distribution networks. While established players dominate the market, opportunities exist for smaller companies specializing in niche lubricant applications or offering sustainable solutions. The forecast period of 2025-2033 presents significant expansion potential, although potential restraints exist, including fluctuating oil prices, economic downturns, and the potential impact of technological advancements in alternative energy sources. However, the continued growth of the oil and gas industry, driven by global energy demand, is likely to outweigh these challenges, ensuring sustained market expansion. Considering the given CAGR of >1.00%, a conservative estimate places annual growth within the range of 1.5% to 2.0% throughout the forecast period. This assumes a consistent level of exploration and production activity, and a moderate adoption rate of innovative lubrication technologies. Recent developments include: In December 2022, Shell acquired Allied Reliability, expanding its North American lubricants business. This is in line with its global lubricants strategy of expanding its premium product offering and presence in the industrial sector and providing complementary services to provide a strong value proposition to its customers., In August 2022, Valvoline Inc. announced the sale of its global products business, including lubricants, to Saudi Aramco for USD 2.65 billion in cash as the company increased its focus on its retail services unit.. Key drivers for this market are: Growing Interest towards Unconventional Reserves, Technological Advancement Leading to Higher Well Production Rates. Potential restraints include: Growing Interest towards Unconventional Reserves, Technological Advancement Leading to Higher Well Production Rates. Notable trends are: Offshore Exploration is Expected to Experience the Highest Growth.

In North America Lubricants Market, Fuchs Petrolub entered a technology-sharing agreement with an automotive components supplier to co-develop e-mobility lubricants and thermal fluids.

The North America Eye Drops & Lubricants report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.

North America Oil And Gas Lubricants Market size was valued at USD 4.69 Billion in 2024 and is projected to reach USD 6.52 Billion by 2032, growing at a CAGR of 4.2% from 2026 to 2032.

North America Oil And Gas Lubricants Market: Definition/Overview

Oil and gas lubricants are specialized fluids that reduce friction, wear, and heat in machinery and equipment used in the oil and gas industry. These lubricants are essential to the smooth operation of engines, pumps, compressors, turbines, and other high-performance equipment exposed to phenomenal pressures and temperatures during oil and gas exploration, extraction, and transportation. They are designed to improve equipment efficiency, extend machinery life, and reduce downtime, particularly in extreme operating conditions such as offshore drilling sites and distant land-based activities.

North America Aerosol Lubricants Market Analysis The North America aerosol lubricants market is projected to grow at a CAGR of 3.0% from 2025 to 2033, reaching a market size of $10,500.52 million by 2033. The growth of the market is attributed to the increasing demand for lubricants in various industries, including automotive, construction, and manufacturing. The ease of application and the ability to penetrate hard-to-reach areas make aerosol lubricants an attractive option for maintenance and repair applications. Key Market Drivers and Trends The North America aerosol lubricants market is driven by the increasing demand for high-performance lubricants, the growing number of machinery and equipment in various industries, and the rising awareness of the importance of regular maintenance. The market is also influenced by the adoption of advanced technologies, such as nanotechnology, to enhance the performance and durability of lubricants. Furthermore, the increasing focus on sustainability has led to the development of environmentally friendly aerosol lubricants that reduce greenhouse gas emissions and minimize the impact on the environment.

North America Industrial Lubricants Market is expected to grow during 2025-2031

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Lubricants Market Size 2025-2029

The lubricants market size is forecast to increase by USD 26.7 billion at a CAGR of 3.5% between 2024 and 2029.

The market is experiencing significant growth due to the increasing demand from various end-user industries, including automotive, manufacturing, and power generation. This trend is driven by the rising production levels and the need for efficient machinery operations. Another key driver in the market is the emergence of bio-based lubricants, which offer environmental benefits and are gaining popularity due to growing concerns over sustainability and reducing carbon footprints. However, the market is not without challenges. Fluctuations in crude oil prices pose a significant threat to the market, as lubricants are derived from crude oil and price volatility can impact the cost structure of lubricant manufacturers.
Additionally, the market faces regulatory challenges, particularly in relation to emissions standards and the phasing out of certain lubricant types due to environmental concerns. Companies in the market must stay abreast of these trends and challenges to effectively capitalize on opportunities and navigate obstacles. Adapting to the shifting market dynamics through innovation, sustainability, and regulatory compliance will be crucial for success.

What will be the Size of the Lubricants Market during the forecast period?

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The market continues to evolve, driven by advancements in technology and shifting market dynamics. Performance testing and enhancers play a crucial role in ensuring optimal equipment functionality, while corrosion protection and wear resistance are essential for extending asset life. The shift towards renewable resources and sustainable lubricants, such as bio-based and synthetic options, is gaining momentum. Surface science and additive chemistry are key areas of focus, as they enhance lubricant properties, including temperature stability and oxidation resistance. Fuel economy and emission reduction are critical factors in the transportation sector, leading to the development of green lubricants. Metalworking fluids, hydraulic fluids, and gear oils are increasingly being formulated with advanced additives for improved performance and regulatory compliance.
Lubrication management and oil analysis are essential for maintaining equipment efficiency and ensuring safety. Safety data sheets are a vital component of this process, providing essential information on handling and disposal. Life cycle analysis and supply chain management are also crucial aspects of the lubricants industry, as they help minimize environmental impact and optimize costs. Regulatory compliance and environmental regulations continue to shape the market, driving innovation in areas such as emission reduction and base oil selection. Friction reduction and quality control are also essential considerations for various industries, from heavy duty to automotive applications.

How is this Lubricants Industry segmented?

The lubricants industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Automotive oils
  Industrial oils
  Process oils
  Metalworking fluids
  Greases


Product

  Mineral oil-based lubricants
  Synthetic lubricants
  Bio-based lubricants


Grade Type

  Group I
  Group II
  Group III
  Group IV
  Group V


End-user

  Transportation
  Manufacturing
  Construction
  Mining
  Agriculture
  Others


Distribution Channel

  Direct Sales
  Distributors/Wholesalers
  Retail
  Online


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The automotive oils segment is estimated to witness significant growth during the forecast period.

The automotive industry's expansion, fueled by rising production and increasing demand, particularly in developing countries like China, India, Brazil, and Indonesia, drives the demand for lubricants. Automotive lubricants, essential components in oils such as engine oils, hydraulic oils, and shock absorber fluids, play a crucial role in reducing friction and wear, enhancing fuel economy, and extending the life of automotive components. These benefits are increasingly important as the automotive industry faces stringent environmental regulations, necessitating the use of bio-based and synthetic lubricants, as well as additives for oxidation stability, temperature stability, and wear resistance. The lubricant industry also focuses on improving performance through condition monitor