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.

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.

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 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 Latin America Lubricants Report is Segmented by Product Type (Engine Oils, Transmission and Gear Oils, Hydraulic Fluids, and More), End-User Industry (Automotive, Power Generation, Heavy Equipment, Metallurgy and Metalworking, and Other End-User Industries), and Geography (Brazil, Mexico, Argentina, Colombia, Chile, Peru, and Rest of Latin America). The Market Forecasts are Provided in Terms of Volume (Liters).

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

The South America Lubricants Report is Segmented by Product Type (Engine Oils, Transmission and Gear Oils, Hydraulic Fluids, Greases, and More), Base Oil (Mineral, Synthetic, Semi-Synthetic, and Bio-Based), End-User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, Marine and Offshore, and Other Industries), and Geography (Argentina, Brazil, Chile, Colombia, Peru, and Rest of South America).

This statistic shows the market share of the lubricants industry in the United States as of 2017, by the leading product segments. At that time, a ** percent share of the U.S. lubricants market was attributable to passenger car engine oils.

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.

Eastern Europe and U.S. Lubricants comes with extensive industry analysis of development components, patterns, flows, and sizes. The report calculates present and past market values to forecast potential market management during the forecast period between 2025 - 2033.

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.

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).

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 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. .

Discover the booming Latin America Lubricants Market! This comprehensive analysis reveals a CAGR of 3.13% through 2033, driven by automotive, heavy equipment, and industrial growth. Explore market size, key players (BP, Chevron, Shell), and regional trends in Mexico, Brazil, and Argentina. Invest wisely with our data-driven insights. Recent developments include: May 2022: Shell plc completed the sales of the lubricants division in Brazil to Raizen. This disinvestment will decrease Shell plc's market presence in Brazil's lubricants market., June 2021: Chevron acquired Puma Energy's fuels and lubricants businesses in Latin America, which included assets in eight countries. This strategic move expanded Chevron's market presence in the region and strengthened its lubricants portfolio.. Key drivers for this market are: Increasing Demand for High Performance Lubricants, Growing Demand Form Construction and Power Generation Industries; Increasing Usage of Lubricants in Automotive and Transportation. Potential restraints include: Increasing Demand for High Performance Lubricants, Growing Demand Form Construction and Power Generation Industries; Increasing Usage of Lubricants in Automotive and Transportation. Notable trends are: Automotive Segment May Witness Significant Market Growth.

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

The Latin America lubricants market was valued at USD 5.90 Billion in 2024. The industry is expected to grow at a CAGR of 5.60% during the forecast period of 2025-2034. The growing agriculture sector in the region, mainly in Brazil and Argentina, stimulates the demand for lubricants for farm machinery, further enhancing productivity and supporting the development of markets in rural and industrial areas. In turn, all these factors have resulted in the market attaining a valuation of USD 10.17 Billion by 2034.