Global Lubricants

Report Overview

This report forecasts to 2029 global demand for lubricants by product, market, and major world region in metric tons. Product segments include:engine oils,transmission and hydraulic fluids,process oils,metalworking fluids,other products such as general industrial oils, gear oils, and greases

Reported markets encompass:motor vehicles,manufacturing,off-highway equipment,transportation equipment,other markets such as power generation, oil exploration, and natural gas production

Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.

To illustrate historical trends, world, product, market, and regional demand are provided in annual series from 2019 to 2024.

This report examines the global market for finished lubricants. It should be noted that world base oil demand is discussed in terms of the location of finished lubricant end use and not of lubricant production or blending. Additionally, American Petroleum Institute (API) Group III base oils and lubricants from which they are formulated are classified in this report as synthetic products.

Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes

Table of Contents

• Demand by Product
• Demand by Market

• Regional Demand Overview
• North America
• Western Europe
• Asia/Pacific
• Other Regions

• Industry Characteristics
• Market Leaders

• Scope
• Sources
• Industry Codes
• Freedonia Methodology
• Resources

• Figure 1 | Global Lubricant Market Outlook, 2024 – 2029
• Figure 2 | Global Lubricant Demand by Product, 2019 – 2029 (mil m tons)
• Table 1 | Global Lubricant Demand by Product, 2019 – 2024 (000 m tons)
• Table 2 | Global Lubricant Demand by Product, 2024 – 2029 (000 m tons)
• Figure 3 | Global Lubricant Demand by Product, 2019 – 2029 (%)
• Figure 4 | Global Lubricant Demand by Market, 2019 – 2029 (mil m tons)
• Table 3 | Global Lubricant Demand by Market, 2019 – 2024 (000 m tons)
• Table 4 | Global Lubricant Demand by Market, 2024 – 2029 (000 m tons)
• Figure 5 | Global Lubricant Demand by Market, 2019 – 2029 (%)
• Figure 6 | Global Lubricant Demand by Region, 2019 – 2029 (mil m tons)
• Table 5 | Global Lubricant Demand by Region, 2019 – 2024 (000 m tons)
• Table 6 | Global Lubricant Demand by Region, 2024 – 2029 (000 m tons)
• Figure 7 | Global Lubricant Demand by Region, 2019 – 2029 (%)
• Table 7 | NAICS & SIC Codes Related to Lubricants
• Table 8 | HS Codes Related to Lubricants
• Table 9 | NACE Codes Related to Lubricants