바이오 윤활유 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 기유별, 용도별, 최종 용도 산업별, 지역별 및 경쟁(2021-2031년)

The Global Bio-Lubricant Market is projected to expand from USD 2.73 Billion in 2025 to USD 5.32 Billion by 2031, reflecting a compound annual growth rate of 11.76%. Bio-lubricants are specialized biodegradable fluids engineered from renewable biomass feedstocks, such as vegetable oils, animal fats, or synthetic esters, designed to lower friction and environmental toxicity. The primary momentum for this market stems from strict regulatory requirements mandating the use of non-toxic fluids in ecologically vulnerable industries like marine and forestry, coupled with increasing corporate pledges toward carbon neutrality. These legal frameworks act as a critical accelerator, obliging sectors to shift away from traditional mineral-based products to minimize ecological threats to water and soil systems.

Despite these positive drivers, the industry encounters substantial hurdles related to economic competitiveness against fossil-fuel substitutes. The intensive processing needed to guarantee thermal stability and resistance to oxidation frequently leads to higher costs, which discourages broad industrial acceptance. According to the Society of Tribologists and Lubrication Engineers in 2024, these prohibitive production expenses limited plant-based biolubricants to roughly 1% of the overall global lubricant market.

Market Driver

Innovation in bio-lubricant formulas is essential for rectifying historical performance gaps related to oxidative stability and viscosity at high temperatures. Contemporary synthetic ester technologies and digitalized research processes now facilitate the creation of biodegradable fluids that rival the operational performance of mineral-based predecessors while cutting development costs. As noted in the 'Annual Report 2023' by Fuchs SE in March 2024, the application of artificial intelligence in formulation allowed for the elimination of up to 80% of potential ingredients through simulation, thereby simplifying the incorporation of sustainable inputs. These technical advancements are crucial for reducing the levelized cost of bio-lubricants, directly tackling the economic viability issues that have previously impeded wider market adoption.

The second primary catalyst is the rising demand from the automotive and transportation industries, specifically fuelled by the swift shift to electric mobility which requires specialized fluids for thermal management. Bio-based synthetic esters are increasingly favored in these settings because of their excellent dielectric characteristics and fire safety ratings compared to standard hydrocarbons. According to the International Energy Agency's 'Global EV Outlook 2024' released in April 2024, global electric vehicle sales rose to nearly 14 million units in 2023, greatly enlarging the potential market for these dedicated E-fluids. This growth is bolstered by major energy providers moving toward lower-carbon portfolios; for instance, TotalEnergies reported in their 'Sustainability & Climate - 2024 Progress Report' in March 2024 that the lifecycle carbon intensity of energy products sold was 13% lower in 2023 than in 2015, highlighting the sector's pivot toward sustainable consumption.

Market Challenge

The principal barrier obstructing the growth of the Global Bio-Lubricant Market is the substantial price difference between bio-based fluids and entrenched mineral oil rivals. Bio-lubricants necessitate intricate chemical processing, such as transesterification and the addition of costly additive packages, to resolve inherent weaknesses in thermal and oxidative stability. These demanding manufacturing requirements inevitably escalate production expenses, leading to a final price that is significantly higher than conventional alternatives. As a result, budget-conscious industrial purchasers are hesitant to transition to bio-based options unless forced by specific mandates, effectively confining these products to niche uses rather than enabling them to become standard commodities.

This pricing drawback makes it arduous for bio-lubricants to secure a significant portion of the massive global demand. According to the Society of Tribologists and Lubrication Engineers in 2024, total annual global lubricant consumption was estimated between 30 and 40 million tons. This vast volume is predominantly fulfilled by economical mineral formulations, demonstrating the magnitude of the market that bio-lubricants fail to penetrate. As long as these high prices remain, bio-lubricants will face difficulties in competing for the majority of this usage, restricting their expansion possibilities beyond strictly regulated, environmentally sensitive zones.

Market Trends

The uptake of bio-based immersion cooling fluids within data centers is developing into a pivotal trend, propelled by the surging computational power needed for artificial intelligence and high-performance computing. As server rack densities rise, conventional air-cooling methods are proving inadequate, causing facility operators to switch to liquid immersion technologies using biodegradable, dielectric fluids. These bio-synthetic liquids provide superior thermal conductivity relative to mineral oils while supporting corporate sustainability objectives by lowering energy and water usage. According to the 'The Dipping Point' report by Castrol in March 2025, 76% of data center industry specialists believe the sector must implement immersion cooling within the next three years to sustain necessary performance gains, highlighting the growing significance of bio-lubricants in digital infrastructure.

Concurrently, the market is undergoing a definitive move toward non-edible and waste-derived feedstocks, specifically optimizing the use of waste cooking oil and animal fat residues to alleviate ethical concerns regarding food versus fuel. Unlike first-generation bio-lubricants made from food-grade crops such as soybean or rapeseed, this movement emphasizes circular economy tenets where base stocks are created from diverse waste streams, providing lower lifecycle carbon footprints and enhanced price stability. This shift is being industrialized by leading refiners who are restructuring supply chains to favor these secondary raw materials over virgin agricultural resources. As stated in the 'Annual Report 2024' by Neste in February 2025, the proportion of waste and residue feedstocks averaged 90% of the company's total renewable material inputs, emphasizing the major industrial shift toward circular feedstock models to guarantee sustainable production volumes.

Key Market Players

• Shell plc
• BP plc
• TotalEnergies SE
• Exxon Mobil Corporation
• Chevron Corporation
• Fuchs Petrolub SE
• KlUber Lubrication GmbH & Co. KG
• PANOLIN AG
• Emery Oleochemicals
• Cargill, Inc.

Report Scope

In this report, the Global Bio-Lubricant Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Bio-Lubricant Market, By Base Oil

• Vegetable Oil
• Animal Fat
• Synthetic Ester
• Others

Bio-Lubricant Market, By Application

• Hydraulic oil
• Metalworking fluids
• Chainsaw oil
• Mold release agents
• Two-cycle engine oils
• Gear oils
• Greases
• Others

Bio-Lubricant Market, By End User Industry

• Automotive
• Oil & Gas
• Construction
• Marine
• Energy & Utilities
• Pharmaceutical
• Metallurgy
• Others

Bio-Lubricant Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Bio-Lubricant Market.

Available Customizations:

Global Bio-Lubricant Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Bio-Lubricant Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Base Oil (Vegetable Oil, Animal Fat, Synthetic Ester, Others)
  • 5.2.2. By Application (Hydraulic oil, Metalworking fluids, Chainsaw oil, Mold release agents, Two-cycle engine oils, Gear oils, Greases, Others)
  • 5.2.3. By End User Industry (Automotive, Oil & Gas, Construction, Marine, Energy & Utilities, Pharmaceutical, Metallurgy, Others)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Bio-Lubricant Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Base Oil
  • 6.2.2. By Application
  • 6.2.3. By End User Industry
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Bio-Lubricant Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Base Oil
      • 6.3.1.2.2. By Application
      • 6.3.1.2.3. By End User Industry
  • 6.3.2. Canada Bio-Lubricant Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Base Oil
      • 6.3.2.2.2. By Application
      • 6.3.2.2.3. By End User Industry
  • 6.3.3. Mexico Bio-Lubricant Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Base Oil
      • 6.3.3.2.2. By Application
      • 6.3.3.2.3. By End User Industry

7. Europe Bio-Lubricant Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Base Oil
  • 7.2.2. By Application
  • 7.2.3. By End User Industry
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Bio-Lubricant Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Base Oil
      • 7.3.1.2.2. By Application
      • 7.3.1.2.3. By End User Industry
  • 7.3.2. France Bio-Lubricant Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Base Oil
      • 7.3.2.2.2. By Application
      • 7.3.2.2.3. By End User Industry
  • 7.3.3. United Kingdom Bio-Lubricant Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Base Oil
      • 7.3.3.2.2. By Application
      • 7.3.3.2.3. By End User Industry
  • 7.3.4. Italy Bio-Lubricant Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Base Oil
      • 7.3.4.2.2. By Application
      • 7.3.4.2.3. By End User Industry
  • 7.3.5. Spain Bio-Lubricant Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Base Oil
      • 7.3.5.2.2. By Application
      • 7.3.5.2.3. By End User Industry

8. Asia Pacific Bio-Lubricant Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Base Oil
  • 8.2.2. By Application
  • 8.2.3. By End User Industry
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Bio-Lubricant Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Base Oil
      • 8.3.1.2.2. By Application
      • 8.3.1.2.3. By End User Industry
  • 8.3.2. India Bio-Lubricant Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Base Oil
      • 8.3.2.2.2. By Application
      • 8.3.2.2.3. By End User Industry
  • 8.3.3. Japan Bio-Lubricant Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Base Oil
      • 8.3.3.2.2. By Application
      • 8.3.3.2.3. By End User Industry
  • 8.3.4. South Korea Bio-Lubricant Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Base Oil
      • 8.3.4.2.2. By Application
      • 8.3.4.2.3. By End User Industry
  • 8.3.5. Australia Bio-Lubricant Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Base Oil
      • 8.3.5.2.2. By Application
      • 8.3.5.2.3. By End User Industry

9. Middle East & Africa Bio-Lubricant Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Base Oil
  • 9.2.2. By Application
  • 9.2.3. By End User Industry
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Bio-Lubricant Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Base Oil
      • 9.3.1.2.2. By Application
      • 9.3.1.2.3. By End User Industry
  • 9.3.2. UAE Bio-Lubricant Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Base Oil
      • 9.3.2.2.2. By Application
      • 9.3.2.2.3. By End User Industry
  • 9.3.3. South Africa Bio-Lubricant Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Base Oil
      • 9.3.3.2.2. By Application
      • 9.3.3.2.3. By End User Industry

10. South America Bio-Lubricant Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Base Oil
  • 10.2.2. By Application
  • 10.2.3. By End User Industry
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Bio-Lubricant Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Base Oil
      • 10.3.1.2.2. By Application
      • 10.3.1.2.3. By End User Industry
  • 10.3.2. Colombia Bio-Lubricant Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Base Oil
      • 10.3.2.2.2. By Application
      • 10.3.2.2.3. By End User Industry
  • 10.3.3. Argentina Bio-Lubricant Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Base Oil
      • 10.3.3.2.2. By Application
      • 10.3.3.2.3. By End User Industry

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Bio-Lubricant Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Shell plc
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. BP plc
• 15.3. TotalEnergies SE
• 15.4. Exxon Mobil Corporation
• 15.5. Chevron Corporation
• 15.6. Fuchs Petrolub SE
• 15.7. KlUber Lubrication GmbH & Co. KG
• 15.8. PANOLIN AG
• 15.9. Emery Oleochemicals
• 15.10. Cargill, Inc.

16. Strategic Recommendations

17. About Us & Disclaimer