바이오 윤활유 시장 보고서 : 기유 유형별, 용도별, 최종 이용 산업별, 지역별(2025-2033년)

The global bio-lubricants market size reached USD 2.40 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.21 Billion by 2033, exhibiting a growth rate (CAGR) of 3.3% during 2025-2033. The market is experiencing stable growth driven by the increasing awareness among individuals about the benefits of bio-based products on health, stringent environmental regulations to curb pollution levels, and rising focus on maintaining vehicle performance.

Bio-Lubricants Market Trends:

Environmental regulations and sustainability initiatives

The global market is significantly influenced by stringent environmental regulations and a growing emphasis on sustainability. Governments worldwide are enacting policies to reduce carbon footprints and control pollution, which directly impacts the lubricant industry. The regulations and similar initiatives in other regions are encouraging the adoption of environmentally friendly lubricants. These lubricants are derived from vegetable oils and other renewable sources, and offer a sustainable alternative to traditional mineral-based lubricants. They are biodegradable, non-toxic, and have a lesser environmental impact in terms of both production and disposal. This regulatory environment, combined with increasing corporate responsibility towards environmental sustainability, drives demand in various applications, including automotive, industrial, and marine sectors.

Technological advancements and improved performance

Technological advancements in formulation and production contribute significantly to market growth. Early variants faced challenges such as poor oxidative stability and lower temperature performance compared to their synthetic counterparts. However, recent developments have overcome these limitations, enhancing thermal and oxidative stability, load-carrying capacity, and longevity of bio-lubricants. Such improvements make them more competitive with, and in some cases superior to, conventional lubricants. Along with this, enhanced R&D efforts are leading to the introduction of bio-based additives and innovative production techniques, further improving the performance attributes of these lubricants. These advancements are pivotal in expanding their application range, making them a viable option in more demanding and diverse industrial applications, thereby fueling market growth.

Increasing consumer awareness and demand for sustainable products

The shift in consumer preferences towards environmentally friendly and sustainable products is a key driver for the market. There is a growing awareness among consumers about the environmental impact of their choices, including the lubricants used in vehicles and machinery. This awareness is further bolstered by social media and global environmental campaigns, leading to increased demand for green products. Bio-lubricants, being derived from renewable resources, align well with these consumer values. They offer a reduced environmental impact in terms of biodegradability, lower toxicity, and reduced carbon emissions. This alignment with consumer ethics and environmental concerns encourages manufacturers to invest in and market more aggressively, thus propelling the market forward. This consumer-driven demand is especially pronounced in developed economies, where there is a higher awareness and willingness to invest in sustainable options.

Bio-Lubricants Market Segmentation:

Breakup by Base Oil Type:

Vegetable Oils

Animal Fats

Animal fats dominate the market

Breakup by Application:

Hydraulic Fluids

Metalworking Fluids

Chainsaw Oils

Mold Release Agents

Two-Cycle Engine Oils

Gear Oils and Greases

Others

Two-cycle engine oils hold the largest share in the market

Breakup by End Use Industry:

Power Generation

Automotive

Heavy Equipment

Food & Beverage

Metallurgy & Metalworking

Chemical Manufacturing

Others

Automotive holds the largest share of the market

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America leads the market, accounting for the largest bio-lubricants market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Albemarle Corporation

BP Plc

Chevron Corporation

Emery Oleochemicals

Exxon Mobil Corporation

Fuchs Petrolub SE

Kluber Lubrication Munchen SE & Co. KG (Freudenberg Chemical Specialities SE & Co. KG)

Panolin AG

Polnox Corporation

Quaker Chemical Corporation

Royal Dutch Shell PLC

Total SE

Key Questions Answered in This Report

• 1. What was the size of the global bio-lubricants market in 2024?
• 2. What is the expected growth rate of the global bio-lubricants market during 2025-2033?
• 3. What are the key factors driving the global bio-lubricants market?
• 4. What has been the impact of COVID-19 on the global bio-lubricants market?
• 5. What is the breakup of the global bio-lubricants market based on the base oil type?
• 6. What is the breakup of the global bio-lubricants market based on application?
• 7. What is the breakup of the global bio-lubricants market based on the end use industry?
• 8. What are the key regions in the global bio-lubricants market?
• 9. Who are the key players/companies in the global bio-lubricants market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Bio-lubricants Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Base Oil Type

• 6.1 Vegetable Oils
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Animal Fats
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Application

• 7.1 Hydraulic Fluids
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Metalworking Fluids
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Chainsaw Oils
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Mold Release Agents
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Two-Cycle Engine Oils
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 Gear Oils and Greases
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast
• 7.7 Others
  • 7.7.1 Market Trends
  • 7.7.2 Market Forecast

8 Market Breakup by End Use Industry

• 8.1 Power Generation
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Automotive
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Heavy Equipment
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Food & Beverage
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Metallurgy & Metalworking
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Chemical Manufacturing
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast
• 8.7 Others
  • 8.7.1 Market Trends
  • 8.7.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Albemarle Corporation
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
    • 14.3.1.4 SWOT Analysis
  • 14.3.2 BP Plc
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 Financials
    • 14.3.2.4 SWOT Analysis
  • 14.3.3 Chevron Corporation
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
    • 14.3.3.4 SWOT Analysis
  • 14.3.4 Emery Oleochemicals
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
  • 14.3.5 Exxon Mobil Corporation
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
    • 14.3.5.3 Financials
    • 14.3.5.4 SWOT Analysis
  • 14.3.6 Fuchs Petrolub SE
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
    • 14.3.6.4 SWOT Analysis
  • 14.3.7 Kluber Lubrication Munchen SE & Co. KG (Freudenberg Chemical Specialities SE & Co. KG)
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
  • 14.3.8 Panolin AG
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 Polnox Corporation
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
  • 14.3.10 Quaker Chemical Corporation
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
    • 14.3.10.3 Financials
    • 14.3.10.4 SWOT Analysis
  • 14.3.11 Royal Dutch Shell PLC
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
    • 14.3.11.3 Financials
  • 14.3.12 Total SE
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio
    • 14.3.12.3 Financials
    • 14.3.12.4 SWOT Analysis