Aviation Lubricants Market Size

Aviation Lubricants Market size was over USD 843.57 million in 2023 and is poised to exceed USD 1.84 billion by 2036, witnessing over 6.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of aviation lubricants is estimated at USD 885.41 million.

The extensive spread will intensely harm the market as compared to the limited spread case. Airlines being side-lined and not in use has negatively affected the lubricant industry as well. The aviation lubricant market is a supporting market for the aviation industry. Hence, the direct impact can be seen on the lubricant market. The market will pick up the pace after the pandemic gets over, but in the present year, the market is not doing well.