세계의 윤활유 시장 : 시장 점유율 분석, 산업 동향 및 통계, 성장 전망(2021-2026년)

The Global Lubricants Market size is estimated at 44.41 Billion Liters in 2024, and is expected to reach 47.22 Billion Liters by 2026, growing at a CAGR of 3.12% during the forecast period (2024-2026).

Key Highlights

• Largest Segment by End-user Industry - Automotive : Automotive was the largest end-user among all categories due to the high replacement cycles of lubricants used in motor vehicles compared to any other industrial application.
• Fastest Segment by End-user Industry - Power Generation : Power generation is projected to be the fastest-growing end-user globally due to the increasing demand for low-cost energy from natural gas and wind power plants.
• Largest Region Market - Asia-Pacific : Asia-Pacific, driven mainly by India, China, and Japan, is the major lubricant-consuming region due to high vehicle ownerships and industrial machinery than any other region.
• Fastest Growing Region Market - Asia-Pacific : Due to rising urbanization, increased electricity use, and rising vehicle ownership in China and India, Asia-Pacific is projected to be the fastest-growing region.

Lubricants Market Trends

Largest Segment By End User : Automotive

• In 2020, the automotive industry dominated the global lubricants market, accounting for around half of the total lubricant consumption. During 2015-2019, lubricant consumption in the automotive industry increased by 11% due to growth in vehicle sales and usage.
• In 2020, COVID-19-related restrictions led to declined maintenance requirements from several industries. The major impact was observed in the automotive industry, which recorded a dip of 10.1% during the year, followed by heavy equipment (7.66%).
• Power generation is likely to be the fastest-growing end-user industry of the global lubricants market during 2021-2026, with a CAGR of 4.8%, followed by automotive (3.8%). The capacity additions in the renewable energy sector worldwide will likely drive lubricant consumption in the power generation industry.

Largest Region : Asia-Pacific

• In 2020, Asia-Pacific was the leading consumer of lubricants in the world, accounting for around 46% of the global lubricant consumption. During 2015-2019, lubricant consumption in the Asia-Pacific region increased by around 20%, driven by China, India, and Indonesia.
• In 2020, the COVID-19 outbreak restrained the operations of several industries, thereby restraining lubricant consumption across the globe. North America was the most affected, with a 13.4% drop in its lubricant consumption, followed by Europe, with an 11.29% drop, during 2019-20.
• Asia-Pacific is likely to be the fastest-growing lubricants market in Africa during 2021-26, with a CAGR of around 4.3%. The recovering automotive sales and usage combined with growing industrial activities in the region are likely to drive the growth of the Asia-Pacific lubricants market in the near future.

Lubricants Industry Overview

The Global Lubricants Market is fragmented, with the top five companies occupying 38.45%. The major players in this market are BP PLC (Castrol), China National Petroleum Corporation, China Petroleum & Chemical Corporation, ExxonMobil Corporation and Royal Dutch Shell PLC (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Executive Summary & Key Findings

2 Introduction

• 2.1 Study Assumptions & Market Definition
• 2.2 Scope of the Study
• 2.3 Research Methodology

3 Key Industry Trends

• 3.1 Automotive Industry Trends
• 3.2 Manufacturing Industry Trends
• 3.3 Power Generation Industry Trends
• 3.4 Regulatory Framework
• 3.5 Value Chain & Distribution Channel Analysis

4 Market Segmentation

• 4.1 By End User
  • 4.1.1 Automotive
  • 4.1.2 Heavy Equipment
  • 4.1.3 Metallurgy & Metalworking
  • 4.1.4 Power Generation
  • 4.1.5 Other End-user Industries
• 4.2 By Product Type
  • 4.2.1 Engine Oils
  • 4.2.2 Greases
  • 4.2.3 Hydraulic Fluids
  • 4.2.4 Metalworking Fluids
  • 4.2.5 Transmission & Gear Oils
  • 4.2.6 Other Product Types
• 4.3 By Region
  • 4.3.1 Africa
    • 4.3.1.1 Egypt
    • 4.3.1.2 Morocco
    • 4.3.1.3 Nigeria
    • 4.3.1.4 South Africa
    • 4.3.1.5 Rest of Africa
  • 4.3.2 Asia-Pacific
    • 4.3.2.1 China
    • 4.3.2.2 India
    • 4.3.2.3 Indonesia
    • 4.3.2.4 Japan
    • 4.3.2.5 Malaysia
    • 4.3.2.6 South Korea
    • 4.3.2.7 Thailand
    • 4.3.2.8 Vietnam
    • 4.3.2.9 Rest of Asia-Pacific
  • 4.3.3 Europe
    • 4.3.3.1 France
    • 4.3.3.2 Germany
    • 4.3.3.3 Italy
    • 4.3.3.4 Russia
    • 4.3.3.5 Spain
    • 4.3.3.6 United Kingdom
    • 4.3.3.7 Rest of Europe
  • 4.3.4 Middle East
    • 4.3.4.1 Iran
    • 4.3.4.2 Qatar
    • 4.3.4.3 Saudi Arabia
    • 4.3.4.4 Turkey
    • 4.3.4.5 UAE
    • 4.3.4.6 Rest of Middle East
  • 4.3.5 North America
    • 4.3.5.1 Canada
    • 4.3.5.2 Mexico
    • 4.3.5.3 United States
    • 4.3.5.4 Rest of North America
  • 4.3.6 South America
    • 4.3.6.1 Argentina
    • 4.3.6.2 Brazil
    • 4.3.6.3 Rest of South America

5 Competitive Landscape

• 5.1 Key Strategic Moves
• 5.2 Market Share Analysis
• 5.3 Company Profiles
  • 5.3.1 Behran Oil Company
  • 5.3.2 BP PLC (Castrol)
  • 5.3.3 Carl Bechem GmbH
  • 5.3.4 Chevron Corporation
  • 5.3.5 China National Petroleum Corporation
  • 5.3.6 China Petroleum & Chemical Corporation
  • 5.3.7 Coperative Soceite des petroleum
  • 5.3.8 ENEOS Corporation
  • 5.3.9 Eni SpA
  • 5.3.10 ExxonMobil Corporation
  • 5.3.11 FUCHS
  • 5.3.12 Gazprom
  • 5.3.13 GS Caltex
  • 5.3.14 Gulf Oil International
  • 5.3.15 Hindustan Petroleum Corporation Limited
  • 5.3.16 Idemitsu Kosan Co. Ltd
  • 5.3.17 Indian Oil Corporation Limited
  • 5.3.18 Lukoil
  • 5.3.19 Motul
  • 5.3.20 Petromin Corporation
  • 5.3.21 Petronas Lubricants International
  • 5.3.22 Phillips 66 Lubricants
  • 5.3.23 PT Pertamina
  • 5.3.24 PTT Lubricants
  • 5.3.25 Rosneft
  • 5.3.26 Royal Dutch Shell PLC
  • 5.3.27 Terpel
  • 5.3.28 TotalEnergies
  • 5.3.29 Valvoline Inc.
  • 5.3.30 YPF

6 Appendix

• 6.1 Appendix-1 References
• 6.2 Appendix-2 List of Tables & Figures

7 Key Strategic Questions for Lubricants CEOs