농업용 윤활유 시장 규모, 점유율, 성장 분석 : 카테고리별, 농업기계별, 제품 유형별, 지역별 - 업계 예측(2026-2033년)

Agricultural Lubricants Market size was valued at USD 6.07 Billion in 2024 and is poised to grow from USD 6.32 Billion in 2025 to USD 8.71 Billion by 2033, growing at a CAGR of 4.1% during the forecast period (2026-2033).

The agricultural lubricants market is experiencing significant growth driven by the rising adoption of modern machinery in farming practices. These lubricants are essential for enhancing the longevity and efficiency of agricultural equipment such as tractors, harvesters, and verge cutters while also promoting fuel efficiency and reducing operational costs. The increasing mechanization of farms worldwide is fueling this demand, particularly as high-performance engines become standard in advanced agricultural tools. Additionally, agricultural lubricants play a crucial role in minimizing wear and corrosion, ensuring optimal performance under high pressure and temperature conditions. As farmers seek to protect their investments and enhance productivity, the need for effective lubricants to maintain machinery performance continues to grow, solidifying the market's upward trajectory.

Top-down and bottom-up approaches were used to estimate and validate the size of the Agricultural Lubricants market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Agricultural Lubricants Market Segments Analysis

Global Agricultural Lubricants Market is segmented by Category, Farm Equipment, Product Type, Sales Channel, and region. Based on Category, the market is segmented into Mineral Oil-based Lubricants, Synthetic Oil-based Lubricants, and Bio-based Lubricants. Based on Farm Equipment, the market is segmented into Tractors, Combines, and Implements. Based on Product Type, the market is segmented into Engine Oil, Utto, Coolant, and Grease. Based on Sales Channel, the market is segmented into OEMS, and Aftermarkets. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Agricultural Lubricants Market

Government agencies in numerous countries are introducing incentives for farmers, which frequently cover agricultural machinery such as harvesters, power sprayers, paddy transplanters, threshers, and tractors. This financial support encourages the adoption of more advanced agricultural equipment, leading to a higher demand for agricultural lubricants. As farmers upgrade their machinery to enhance efficiency and productivity, the necessity for quality lubricants to ensure optimal performance and longevity of this equipment rises. Consequently, the agricultural lubricants market is experiencing growth, driven by the ongoing modernization of farming practices and the focus on maintaining the efficiency of new technology in agricultural operations.

Restraints in the Agricultural Lubricants Market

One of the significant challenges facing the agricultural lubricants market is the elevated pricing associated with synthetic and bio-based lubricants. These higher costs can deter farmers and agricultural businesses from making the transition to these advanced lubrication options, potentially stalling market expansion. Additionally, budget constraints in the agricultural sector may lead to a preference for more affordable, conventional lubricants, which could inhibit the adoption of higher-quality products that promote efficiency and sustainability. As a result, the economic factors surrounding lubricant selection continue to pose restrictions on the growth potential of the agricultural lubricants market.

Market Trends of the Agricultural Lubricants Market

The agricultural lubricants market is witnessing a notable trend fueled by the increasing reliance on advanced machinery in farming practices. As operators recognize the critical role of engine oils in maintaining the performance and longevity of agricultural equipment, such as tractors and harvesters, there is a heightened demand for high-quality lubricants that enhance efficiency and prevent corrosion. This trend is further supported by the rising adoption of precision farming technologies, which necessitate superior lubrication solutions to withstand varying operational conditions. As a result, manufacturers are focusing on developing innovative, eco-friendly lubricant formulations that cater to the specific needs of the agricultural sector.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Technological Advancement
• Regulatory Landscape
• Value Chain Analysis
• Case Study Analysis
• PESTEL Analysis
• Market Attractiveness Index

Global Agricultural Lubricants Market Size by Category & CAGR (2026-2033)

• Market Overview
• Mineral Oil-based Lubricants
• Synthetic Oil-based Lubricants
• Bio-based Lubricants

Global Agricultural Lubricants Market Size by Farm Equipment & CAGR (2026-2033)

• Market Overview
• Tractors
• Combines
• Implements

Global Agricultural Lubricants Market Size by Product Type & CAGR (2026-2033)

• Market Overview
• Engine Oil
• Utto (Transmission & Hydraulic Oil)
• Coolant
• Grease

Global Agricultural Lubricants Market Size by Sales Channel & CAGR (2026-2033)

• Market Overview
• OEMS
• Aftermarkets

Global Agricultural Lubricants Market Size & CAGR (2026-2033)

• North America, (Category, Farm Equipment, Product Type, Sales Channel)
  • US
  • Canada
• Europe, (Category, Farm Equipment, Product Type, Sales Channel)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Category, Farm Equipment, Product Type, Sales Channel)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Category, Farm Equipment, Product Type, Sales Channel)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Category, Farm Equipment, Product Type, Sales Channel)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Shell plc
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Exxon Mobil Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TotalEnergies
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BP p.l.c.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chevron Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Phillips 66
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Valvoline
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sinopec Lubricant Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bharat Petroleum Corporation Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eneos Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fuchs
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Repsol S.A.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Exol Lubricants Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Indian Oil Corporation Ltd
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lukoil Lubricants Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hindustan Petroleum Corporation Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gulf Oil Lubricants India Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Petronas Lubricants International
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Witham Oil & Paint Ltd
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rymax Lubricants
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schaeffer Manufacturing Co.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation