산업용 윤활유 시장 : 유형별, 기유별, 제품 유형별, 최종사용자별 - 세계 예측(2025-2030년)

The Industrial Lubricants Market was valued at USD 91.29 billion in 2023, expected to reach USD 94.76 billion in 2024, and is projected to grow at a CAGR of 3.88%, to USD 119.18 billion by 2030.

Industrial lubricants define a crucial segment in the maintenance and operation of machinery by reducing friction, wear, and heat between mechanical components. These lubricants are vital in manufacturing, automotive, aerospace, energy, and construction industries due to their necessity in extending machinery life, enhancing efficiency, and reducing downtime. Applications range from simple machinery lubrication to complex processes requiring high-performance lubricants capable of withstanding extreme conditions. The end-use spectrum spans industrial engines, turbines, compressors, and hydraulic systems. Market growth is bolstered by the increasing industrial automation, demand for efficiency in operations, and the rise of emerging markets. The growth of construction activities and expansion of the automotive sector also significantly contribute to the demand for industrial lubricants. A notable opportunity exists in the development of bio-based and environmentally friendly lubricants as industries shift towards sustainability. Additionally, the advent of Industry 4.0, embracing IoT, AI, and machine learning, presents opportunities for smart lubricants with integrated monitoring capabilities. However, the market faces limitations, such as stringent environmental regulations, high competition from low-cost alternatives, and volatility in crude oil prices, which affect lubricant formulation costs. Navigating these challenges would require innovations that focus on sustainable and eco-friendly solutions, synthetic lubricants that demonstrate superior performance, and adaptive solutions catering to high-tech, automated machinery. Research and development should target enhancing lubricant lifespan, reducing waste, and improving recyclability. The competitive nature of the market demands continuous innovation, agility in response to regulatory changes, and the ability to anticipate technology trends. Thus, companies investing in technological advancements, sustainable practices, and adaptive product lines are best positioned to capitalize on future demands and establish resilience against market challenges.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Industrial Lubricants Market

The Industrial Lubricants Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Surging demand for high-performance lubricants in the industrial sector
  • Growing adoption of industrial lubricants from the wind energy sector
• Market Restraints
  • Fluctuating crude oil prices and the high cost of industrial lubricants
• Market Opportunities
  • Emerging collaborations among companies for the development of cutting-edge lubricants
  • Growing use of bio-based lubricants with a rising focus on environmental sustainability
• Market Challenges
  • Performance issues related to lubricants

Porter's Five Forces: A Strategic Tool for Navigating the Industrial Lubricants Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Industrial Lubricants Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Industrial Lubricants Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Industrial Lubricants Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Industrial Lubricants Market

A detailed market share analysis in the Industrial Lubricants Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Industrial Lubricants Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Industrial Lubricants Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Industrial Lubricants Market

A strategic analysis of the Industrial Lubricants Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Industrial Lubricants Market, highlighting leading vendors and their innovative profiles. These include Amsoil Inc., BASF SE, Beacon Lubricants, Inc., Belray by Calumet, Inc., BP PLC, Buhmwoo Chemical Co., Ltd., CARL BECHEM GMBH, Certified Labs by NCH Corporation, Chevron Corporation, China National Petroleum Corp., ENEOS Corporation, Environmental Lubricants Manufacturing, Inc., Exxon Mobil Corporation, Fuchs SE, Gulf Oil International Ltd., Idemitsu Kosan Co., Ltd., Indian Oil Corporation Limited, Interflon, Kluber Lubrication, Lanxess AG, Molylub Industrial Lubricants, Morris Lubricants, Petrofer Chemie H. R. Fischer GmbH + Co. KG, Petronas Lubricants International, Petroleo Brasileiro S.A., Phillips 66 Company, PJSC Lukoil Oil Company, Quaker Chemical Corporation, Rock Valley Oil & Chemical Co., Saudi Arabian Oil Company, Shell PLC, Sinopec Corp., TotalEnergies SE, and WD-40 Company.

Market Segmentation & Coverage

This research report categorizes the Industrial Lubricants Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Type, market is studied across Dry lubricants, Fluids, and Grease Form.
• Based on Base Oil, market is studied across Bio-based Oil, Mineral Oil, and Synthetic Oil. The Synthetic Oil is further studied across Esters, Group III, Polyalkylene Glycol, and Polyalphaolefins.
• Based on Product Type, market is studied across Compressor Oil, Gear Oil, Grease, Hydraulic fluid, Metalworking fluid, Refrigeration Oil, Textile Machinery Lubricants, Transformer Oil, and Turbine Oil.
• Based on End-User, market is studied across Agriculture, Automotive (Vehicle Manufacturing), Cement Production, Chemical, Construction, Food Processing, Marine (Deck Manufacturing), Metal & Mining, Oil & Gas, Power Generation, Pulp & Paper, and Textile.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Surging demand for high-performance lubricants in the industrial sector
    • 5.1.1.2. Growing adoption of industrial lubricants from the wind energy sector
  • 5.1.2. Restraints
    • 5.1.2.1. Fluctuating crude oil prices and the high cost of industrial lubricants
  • 5.1.3. Opportunities
    • 5.1.3.1. Emerging collaborations among companies for the development of cutting-edge lubricants
    • 5.1.3.2. Growing use of bio-based lubricants with a rising focus on environmental sustainability
  • 5.1.4. Challenges
    • 5.1.4.1. Performance issues related to lubricants
• 5.2. Market Segmentation Analysis
  • 5.2.1. Type: Increasing use of fluid lubricants in manufacturing processes to enhance performance, viscosity, and thermal stability
  • 5.2.2. Base Oil: Proliferating use of mineral oils in automotive engines
  • 5.2.3. Product Type: Burgeoning use of hydraulic fluid in hydraulic systems for the efficient transfer of heat
  • 5.2.4. End-User: Expanding application of lubricants in the food processing industry
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Industrial Lubricants Market, by Type

• 6.1. Introduction
• 6.2. Dry lubricants
• 6.3. Fluids
• 6.4. Grease Form

7. Industrial Lubricants Market, by Base Oil

• 7.1. Introduction
• 7.2. Bio-based Oil
• 7.3. Mineral Oil
• 7.4. Synthetic Oil
  • 7.4.1. Esters
  • 7.4.2. Group III
  • 7.4.3. Polyalkylene Glycol
  • 7.4.4. Polyalphaolefins

8. Industrial Lubricants Market, by Product Type

• 8.1. Introduction
• 8.2. Compressor Oil
• 8.3. Gear Oil
• 8.4. Grease
• 8.5. Hydraulic fluid
• 8.6. Metalworking fluid
• 8.7. Refrigeration Oil
• 8.8. Textile Machinery Lubricants
• 8.9. Transformer Oil
• 8.10. Turbine Oil

9. Industrial Lubricants Market, by End-User

• 9.1. Introduction
• 9.2. Agriculture
• 9.3. Automotive (Vehicle Manufacturing)
• 9.4. Cement Production
• 9.5. Chemical
• 9.6. Construction
• 9.7. Food Processing
• 9.8. Marine (Deck Manufacturing)
• 9.9. Metal & Mining
• 9.10. Oil & Gas
• 9.11. Power Generation
• 9.12. Pulp & Paper
• 9.13. Textile

10. Americas Industrial Lubricants Market

• 10.1. Introduction
• 10.2. Argentina
• 10.3. Brazil
• 10.4. Canada
• 10.5. Mexico
• 10.6. United States

11. Asia-Pacific Industrial Lubricants Market

• 11.1. Introduction
• 11.2. Australia
• 11.3. China
• 11.4. India
• 11.5. Indonesia
• 11.6. Japan
• 11.7. Malaysia
• 11.8. Philippines
• 11.9. Singapore
• 11.10. South Korea
• 11.11. Taiwan
• 11.12. Thailand
• 11.13. Vietnam

12. Europe, Middle East & Africa Industrial Lubricants Market

• 12.1. Introduction
• 12.2. Denmark
• 12.3. Egypt
• 12.4. Finland
• 12.5. France
• 12.6. Germany
• 12.7. Israel
• 12.8. Italy
• 12.9. Netherlands
• 12.10. Nigeria
• 12.11. Norway
• 12.12. Poland
• 12.13. Qatar
• 12.14. Russia
• 12.15. Saudi Arabia
• 12.16. South Africa
• 12.17. Spain
• 12.18. Sweden
• 12.19. Switzerland
• 12.20. Turkey
• 12.21. United Arab Emirates
• 12.22. United Kingdom

13. Competitive Landscape

• 13.1. Market Share Analysis, 2023
• 13.2. FPNV Positioning Matrix, 2023
• 13.3. Competitive Scenario Analysis
  • 13.3.1. Interflon launches greener packaging for grease cartridges
  • 13.3.2. Chevron Corporation enhances oil and gas production in gulf of Mexico facilities
  • 13.3.3. Interflon Leafguard OTR receives full product approval for enhanced industrial lubrication
  • 13.3.4. AMSOIL expands capabilities with acquisition of new grease manufacturing company
  • 13.3.5. Lucas Oil opens state-of-the-art 400,000-square-foot facility in Indiana to boost industrial lubricant supply.
  • 13.3.6. Castrol partners with Telko as new industrial lubricants distributor in Poland
  • 13.3.7. Kluber Lubrication invest INR 142 Crore to strengthen footprint in India
  • 13.3.8. FUCHS expands portfolio with acquisition of specialty lubricants manufacturer
  • 13.3.9. Castrol launches MoreCircular initiative to promote sustainability in the US lubricants industry
  • 13.3.10. Saneg's strategic acquisition of CGC Lubricants Italy boosts European presence and technological dominance
  • 13.3.11. BASF and Lubrizol forge licensing agreement for industrial lubricants production and marketing
  • 13.3.12. Sinopec Lubricants invests Yen 736 million in Tianjin facility expansion focusing on marine and fluorine products
  • 13.3.13. AMSOIL INC. Acquires Benz Oil, Expanding AMSOIL Industrial Business Unit
  • 13.3.14. ExxonMobil to Build Lubricant Manufacturing Plant in India
  • 13.3.15. Shell and Wartsila Extend Strategic Partnership for Engine Lubricant Solutions
• 13.4. Strategy Analysis & Recommendation
  • 13.4.1. Fuchs Petrolub SE
  • 13.4.2. BP PLC
  • 13.4.3. Sinopec Corp.
  • 13.4.4. Chevron Corporation

Companies Mentioned

• 1. Amsoil Inc.
• 2. BASF SE
• 3. Beacon Lubricants, Inc.
• 4. Belray by Calumet, Inc.
• 5. BP PLC
• 6. Buhmwoo Chemical Co., Ltd.
• 7. CARL BECHEM GMBH
• 8. Certified Labs by NCH Corporation
• 9. Chevron Corporation
• 10. China National Petroleum Corp.
• 11. ENEOS Corporation
• 12. Environmental Lubricants Manufacturing, Inc.
• 13. Exxon Mobil Corporation
• 14. Fuchs SE
• 15. Gulf Oil International Ltd.
• 16. Idemitsu Kosan Co., Ltd.
• 17. Indian Oil Corporation Limited
• 18. Interflon
• 19. Kluber Lubrication
• 20. Lanxess AG
• 21. Molylub Industrial Lubricants
• 22. Morris Lubricants
• 23. Petrofer Chemie H. R. Fischer GmbH + Co. KG
• 24. Petronas Lubricants International
• 25. Petroleo Brasileiro S.A.
• 26. Phillips 66 Company
• 27. PJSC Lukoil Oil Company
• 28. Quaker Chemical Corporation
• 29. Rock Valley Oil & Chemical Co.
• 30. Saudi Arabian Oil Company
• 31. Shell PLC
• 32. Sinopec Corp.
• 33. TotalEnergies SE
• 34. WD-40 Company