The United States Lubricants Market Report is Segmented by Product Type (Automotive Engine Oil, Industrial Engine Oil, Transmission Fluids, Gear Oil, Brake Fluids, Hydraulic Fluids, and More), End-User Industry (Automotive, Marine, Aerospace, Heavy Equipment, and Industrial), and Base Stock Type (Mineral Oil-Based, Synthetic, Semi-Synthetic, and Bio-Based Lubricants). The Market Forecasts are Provided in Terms of Volume (Litres).

The total market value of lubricants in the United States amounted to nearly ** billion U.S. dollars in 2021. That was an increase of more than *** billion U.S. dollars compared to seven years previously in 2014.

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).

This statistic shows the market share of the lubricants industry in the United States as of 2017, by area of application. At that time, a ** percent share of the U.S. lubricants market was attributable to consumer automotive applications.

US Lubricants Market is valued at USD 22.9 billion, driven by automotive and industrial demand, advancements in formulations, and rise in electric vehicles.

U.S. Industrial Lubricants Market size was valued at USD 7.65 billion in 2024 and is expected to grow at a CAGR of 3.10% from 2025 to 2034.

This statistic shows the estimated market value of industrial lubricants in the United States from 2014 to 2016, with forecasted figures for 2017 to 2025. It is forecasted that the U.S. market value of industrial lubricants will amount to nearly ************ U.S. dollars in 2025.

Lubricant oil manufacturers have faced significant volatility in recent years because of fluctuating crude oil prices and shifting economic conditions. During the pandemic, demand for lubricant oil plummeted as industrial activity and automobile usage dropped, causing revenue to plunge. As the economy reopened and oil prices surged, revenue rebounded sharply in 2021 and 2022. However, recessionary fears resulting from the Federal Reserve’s interest rate hikes, along with a drop in oil prices post-pandemic, pressured revenue again in 2023 and kept it flat in 2024. Tariffs and new economic uncertainties have reignited concerns about future demand, with forecasts indicating a potential revenue decline in 2025. The industry has also consolidated as larger companies with broader resources weathered volatility better than smaller firms. Specialization in niche and high-performance products, such as synthetic and recycled oils, has driven customer loyalty and helped sustain providers’ revenue and also boosted consolidation. The rise of electric vehicles (EVs) poses a long-term threat, though their impact is currently softened by the ongoing demand for traditional vehicles. Overall, revenue for lubricant oil manufacturers has expanded at a CAGR of 4.1% over the past five years, reaching $25.7 billion in 2025, including a 1.1% drop in revenue in that year. Lubricant oil manufacturers face several challenges and opportunities moving forward. Tariffs imposed by the Trump administration are expected to strengthen consumer prices and production costs, squeezing household spending and risking a mild economic downturn. Despite these headwinds, signs point toward recovery through higher productivity and increasing vehicle registrations, which will drive demand for lubricant oils. Regardless, falling oil prices may limit potential revenue gains. The growing emphasis on sustainability, with consumers favoring recycled and synthetic oils, offers new revenue streams. Larger companies may initially dominate this market due to economies of scale, although smaller firms could compete by investing in sustainable products. Increased automation and technological advancements are likely to cut costs and improve efficiency, slightly reducing wage expenses while supporting long-term profit growth. Overall, revenue for lubricant oil producers is forecast to creep upward at a CAGR of 1.4% over the next five years, reaching $27.5 billion in 2030.

• The global industry was valued at US$ 151.1 Bn in 2023
• It is estimated to grow at a CAGR of 2.6% from 2024 to 2034 and reach US$ 206.9 Bn by the end of 2034

Market Introduction

Attribute	Detail
Market Drivers	Expansion in Construction Sector Increase in Adoption of Automotive Lubricants

Regional Outlook

Attribute	Detail
Leading Region	Asia Pacific

Lubricant Market Snapshot

Attribute	Detail
Market Size in 2023	US$ 151.1 Bn
Market Forecast (Value) in 2034	US$ 206.9 Bn
Growth Rate (CAGR)	2.6%
Forecast Period	2024-2034
Historical Data Available for	2020-2022
Quantitative Units	US$ Bn for Value and Kilo Tons for Volume
Market Analysis	It includes segment analysis as well as regional level analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2023) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	By Product Mineral Lubricants Synthetic Lubricants Bio-based Lubricants By Application Automotive Aerospace Marine Industrial Others
Regions Covered	North America Europe Asia Pacific Latin America Middle East & Africa
Countries Covered	U.S. Canada Germany U.K. France Italy Russia & CIS Japan China India ASEAN Brazil Mexico South Africa GCC
Companies Profiled	ADDINOL Lube Oil GmbH AMSOIL INC. BVA Oil Carlube CRP Industries Inc. Forsythe Lubrication FUCHS LIQUI MOLY GmbH Lucas Oil Products, Inc. Motul Royal Purple LLC The Maxol Group Tulco Oils Unil-Opal S.A.S
Customization Scope	Available upon request
Pricing	Available upon request

The size of the U.S. Lubricants Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX % during the forecast period.

The U.S. Industrial Lubricants Market is valued at $8.05 billion and is projected to reach $10.8 billion by 2033, growing at a CAGR of 3.2% over the forecast period (2023-2033). This growth can be attributed to the increasing demand for industrial lubricants from various industries such as metalworking, textiles, energy, and chemical manufacturing. The growing need for efficient and reliable machinery in these industries is driving the demand for industrial lubricants that can reduce friction and wear, thereby increasing productivity and reducing maintenance costs. Additionally, the adoption of advanced manufacturing technologies and the increasing use of automated equipment are further driving the market growth. Key market trends include the growing popularity of synthetic lubricants, which offer superior performance and longer life compared to conventional lubricants. The development of biodegradable and environmentally friendly lubricants is also gaining traction, as industries strive to reduce their environmental impact. The increasing adoption of predictive maintenance and condition monitoring systems is providing valuable insights into equipment health and lubrication needs, leading to more efficient and targeted lubrication practices. Lastly, the consolidation of the industrial lubricants market is expected to intensify, as major players look to expand their market share through acquisitions and strategic alliances. Recent developments include: In June 2024, Lucas Oil announced the expansion of its grease manufacturing operations at its production plant in Indiana. The expanded facility is expected to cater to the growing demand for industrial and commercial lubrication solutions that would ensure equipment efficiency and longevity, thus optimizing operations and reducing downtime of the company’s customers. , In December 2023, FUCHS announced that three of its recently launched lubricants, ECOCOOL 7085, ECOCOOL 7978, and ECOCOOL 7990, had received DMG MORI approval for the North American region. These solutions have been designed for lubrication during grinding, cutting, milling, drilling, and sawing operations. This development comes after FUCHS LUBRICANTS announced a technology partnership with DMG MORI in 2022 to introduce high-performance lubricants for machine tool applications. .

The U.S. industrial lubricants market is projected to grow at a CAGR of 3.11% from 2022 to 2027 and is expected to reach USD 14.1 billion by 2027 from USD 11.7 billion in 2021.

US Lubricant Market size was valued at USD 36.1 billion in 2021 and is poised to grow from USD 37.1 billion in 2022 to USD 45.8 billion by 2030, growing at a CAGR of 3% in the forecast period (2023-2030).

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Lubricants Market Size 2025-2029

The lubricants market size is valued to increase by USD 26.7 billion, at a CAGR of 3.5% from 2024 to 2029. Increasing demand for lubricants from end-user industries will drive the lubricants market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 38% growth during the forecast period.
By Application - Automotive oils segment was valued at USD 71.80 billion in 2023
By Product - Mineral oil-based lubricants segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 31.96 billion
Market Future Opportunities: USD 26.70 billion
CAGR from 2024 to 2029 : 3.5%

Market Summary

The market experiences continuous expansion due to the escalating demand from various end-user industries, including automotive, manufacturing, and power generation. One significant trend shaping this sector is the increasing adoption of bio-based lubricants, which offer environmental benefits and improved performance. These eco-friendly alternatives have gained traction, especially in industries striving for sustainability. Crude oil price fluctuations significantly impact the market, as petroleum-derived lubricants account for a substantial portion of the overall demand. The market's size was valued at USD 165.5 billion in 2020, according to market research. As industries adapt to the evolving market landscape, they seek advanced lubricant solutions to enhance efficiency, reduce downtime, and ensure optimal performance.
Innovations in lubricant technology, such as nanotechnology and synthetic lubricants, are driving growth in the market. These advancements offer improved wear protection, increased energy efficiency, and extended lubricant life. As industries continue to prioritize productivity and sustainability, the market is poised for continued expansion.

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

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How is the Lubricants Market 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 II
  Group III
  Group I
  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 market is experiencing significant growth, fueled by the increasing production and demand for vehicles, particularly in developing countries like China, India, Brazil, and Indonesia. This expanding automotive sector relies heavily on lubricants, which are essential for reducing friction and wear in various automotive applications, such as engine oils, hydraulic fluids, and gear lubricants. The market is witnessing a shift towards synthetic lubricants, including synthetic esters and synthetic lubricants, due to their superior performance under extreme pressure and high temperatures. These advanced lubricants offer enhanced wear protection, oxidation inhibition, and viscosity control. Moreover, the demand for biodegradable lubricants and those with improved rheological properties is on the rise, driven by environmental concerns and the need for improved tribology testing and oil analysis.

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The Automotive oils segment was valued at USD 71.80 billion in 2019 and showed a gradual increase during the forecast period.

According to recent industry reports, the market is projected to grow, reaching a market size of USD 212.4 billion by 2026. This growth is attributed to the increasing demand for high-performance lubricants, the ongoing research and development in lubricant technology, and the expanding automotive and industrial sectors.

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Regional Analysis

APAC is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The mark

The North America Automotive Lubricants Market Report is Segmented by Product Type (Automotive Engine Oil, Manual Transmission Fluids, Automatic Transmission Fluids, Brake Fluids, Automotive Greases, and Other Product Types), Vehicle Type (Passenger Vehicles, Commercial Vehicles, and Two-Wheelers), and Geography (United States, Canada, Mexico). The Market Forecasts are Provided in Terms of Volume (Litres).

This statistic shows the market volume of automotive lubricants in the United States from 2014 to 2016, with forecasted figures for 2017 to 2025, by product. It is forecasted that in 2025, the U.S. market volume of engine oil will be some *** million tons.

United States Automotive Lubricants Market was valued at USD 9.02 Billion in 2024 and is expected to reach USD 11.98 Billion by 2030 with a CAGR of 4.8%.

Pages	70
Market Size	2024: USD 9.02 Billion
Forecast Market Size	2030: USD 11.98 Billion
CAGR	2025-2030: 4.8%
Fastest Growing Segment	Light Commercial Vehicle (LCV)
Largest Market	West
Key Players	1 ExxonMobil Corporation 2 Valvoline Inc. 3 Pennzoil-Quaker State Company dba SOPUS Products 4 Castrol Limited 5 Chevron U.S.A. Inc. 6 Calumet Branded Products, LLC 7 AMSOIL INC. 8 Lucas Oil Products, Inc. 9 Motul S.A. 10 Red Line Synthetic Oil Corporation

US Lubricants Market size was valued at USD 30.5 Billion in 2024 and is projected to reach USD 40 Billion by 2032, growing at a CAGR of 3.5% from 2025 to 2032.

US Lubricants Market: Definition/Overview

In the US, Lubricants are chemicals that are used between two surfaces in relative motion to minimize friction, wear, and heat production. Lubricants are often liquids, although they can also take the form of gels, greases, or solid coatings. They serve an important role in preserving the efficiency and lifetime of mechanical systems by reducing direct contact between surfaces, hence preventing component damage and degradation.

Lubricants are employed in a variety of sectors and daily situations. In the automobile industry, they are essential for the smooth operation of engines, gearboxes, and other moving parts, as well as for enhancing fuel efficiency and engine life.

The size of the United States Lubricants Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX% during the forecast period. Recent developments include: May 2022: TotalEnergies, NEXUS Automotive Extend Strategic Partnership for a period of five years. As part of this partnership, TotalEnergies Lubricants will be expanding its presence in the burgeoning N! community, which has seen rapid growth in sales from EUR 7.2 billion in 2015 to nearly EUR 35 billion by the end of 2021.March 2022: ExxonMobil Corporation company has appointed Jay Hooley as lead managing director of the company.January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.. Notable trends are: Largest Segment By End User : Automotive.

The industrial lubricant market is estimated to generate a market size of USD 27.28 billion in 2025 and is expected to reach USD 43.59 billion by 2035, reflecting a compound annual growth rate (CAGR) of 4.8% during the forecast period.

Attributes	Description
Estimated Global Market Size (2025E)	USD 27.28 billion
Projected Global Market Value (2035F)	USD 43.59 billion
Value-based CAGR (2025 to 2035)	4.8%

Semi-annual Market Update

Particulars	Value CAGR
H1 (2024 to 2034)	4.5%
H2 (2024 to 2034)	4.9%
H1 (2025 to 2035)	4.4%
H2 (2025 to 2035)	5.1%

Analyzing Top Countries Formulating, Distributing, and Supplying Industrial Lubricant Growth

Countries	CAGR 2025 to 2035
India	5.6%
South Korea	5.3%
KSA	4.1%
Brazil	4.9%
Spain	4.7%