Aviation Lubricants Industry - Regional Synopsis
On the basis of region-wise analysis, the aviation lubricants market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. North America industry is likely to dominate majority revenue share by 2037, as the region keeps on upgrading the aircraft for military and commercial use. After North America, the aviation lubricant market is estimated to witness significant growth in the Asia Pacific region as the air traffic in the countries located in this region is rising. The imports and export activities also contribute to increasing cargo airplane demand which in turn increase the demand for lubricants.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of aviation lubricants is evaluated at USD 943.08 million.
Aviation Lubricants Market size was over USD 895.87 million in 2024 and is poised to exceed USD 1.95 billion by 2037, witnessing over 6.2% CAGR during the forecast period i.e., between 2025-2037.
North America industry is likely to dominate majority revenue share by 2037, as the region keeps on upgrading the aircraft for military and commercial use.
The major players in the market are Exxon Mobil Corporation, Royal Dutch Shell plc, Eastman Chemical Company, The Phillips 66 Company, NYCO, Total S.A., BP plc, and others.
