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 2036

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 2023, the industry size of lubricants was over USD 127.5 billion.

The market size for lubricants is projected to cross USD 162.5 billion by the end of 2036 expanding at a CAGR of 4% during the forecast period i.e., between 2024-2036.

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.

In terms of application, the automotive segment is anticipated to account for the largest market share of 54.1% during 2024-2036.

The Asia Pacific lubricants sector is poised to hold the highest share of 45.1% by 2036.

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)

How big is the lubricants industry?

What is the outlook for the lubricants market?

Who are the major players dominating the lubricants landscape?

Which application segment captures the significant market share for lubricants by 2036?

Which region will provide more opportunities for the lubricants business in near future?