Lubricants Market - Top Companies and Manufacturers

Companies Dominating the Lubricants Landscape

The lubricants market consists of many key players who are thought to be the main participants in this market as they are always working together, growing, signing deals, and participating in joint ventures to support the development of this industry.

Philips 66 Company
1. Company Overview
2. Business Strategy
3. Key Product Offerings
4. Financial Performance
5. Key Performance Indicators
6. Risk Analysis
7. Recent Development
8. Regional Presence
9. SWOT Analysis
ExxonMobil Corporation
Royal Dutch Shell Co.
BP p.l.c.
Total Energies
Chevron Corporation
Fuchs SE
Castrol India Ltd.
Amsoil Inc.

Browse Key Market Insights with Data Illustration:

Lubricants Market Size & Share, Growth Trends 2037

In the News

In October 2023, Exxon Mobil Corporation and Pioneer Natural Resources have announced a formal agreement for ExxonMobil to acquire Pioneer. Under the terms of the agreement, Pioneer shareholders received 2.3234 shares of ExxonMobil for each Pioneer share at closing.
In May 2024, TotalEnergies announced the creation of the first standardized specifications for Electric Drive System (EDS) fluids to satisfy strict requirements like viscosity, oxidation, corrosion, durability, and material compatibility while maximizing the performance and energy efficiency of electric transmissions and motors.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of lubricants is estimated at USD 160.03 billion.

The lubricants market size was over USD 156.04 billion in 2024 and is anticipated to cross USD 235 billion by 2037, growing at more than 3.2% CAGR during the forecast period i.e., between 2025-2037. The growing production of automobiles will drive the market growth.

Asia Pacific industry is poised to account for largest revenue share of 45% by 2037, due to increasing manufacturing activities in the region.

The major players in the market are ExxonMobil Corporation, Royal Dutch Shell Co., BP p.l.c., Total Energies, Chevron Corporation, Fuchs SE, Castrol India Ltd., Amsoil Inc., and others.

Lubricants Market - Top Companies and Manufacturers

Companies Dominating the Lubricants Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the lubricants market?

Why is the lubricants sector gaining traction in near future?

Which region accounted for the largest lubricants industry share?

Who are the major lubricants players?