Press release
Synthetic Lubricants Market Size, Sales Estimation, Top Leading Players and Business Overview 2022-2027
According to IMARC Group latest report titled "Synthetic Lubricants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on synthetic lubricants market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global synthetic lubricants market reached a value of US$13.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$17.9 Billion by 2027, exhibiting at a CAGR of 4.64% during 2022-2027.Synthetic lubricants are man-made oils engineered to perform better than traditional mineral-based lubricants. They are made by synthesizing chemically modified base oils and additives to create a lubricant that offers improved performance in terms of temperature resistance, oxidation stability, viscosity index, and wear protection. They have several advantages over mineral-based lubricants, including better oxidation and thermal breakdown resistance, longer lifespan, and better performance at low temperatures. They also have a more consistent molecular structure, which allows them to maintain their viscosity and lubricating properties over a wider range of operating conditions. They are commonly used in high-performance applications such as aviation, automotive racing, and heavy machinery, where lubricant demands are particularly high. They are also used in industrial applications such as power generation, chemical processing, and manufacturing.
Get a Free Sample Copy of this Report: https://www.imarcgroup.com/synthetic-lubricants-market/requestsample
Market Trends:
The global market is majorly driven by the increasing product demand from high-performance automotive, industrial, and aviation applications. In line with this, the growing awareness of the benefits of synthetic lubricants is significantly contributing to the market growth. Furthermore, the development of new and innovative products that offer improved performance characteristics, such as extended drain intervals and better fuel efficiency, is expected to positively influence the market. Apart from this, rapid industrialization and rising automotive production are catalyzing the market. Moreover, the stricter regulatory requirements for reducing emissions and improving fuel efficiency are creating a positive outlook for the market. In addition, the increasing focus on sustainability and environmental friendliness, with synthetic lubricants being seen as a more environmentally friendly option than traditional mineral-based lubricants, is providing a boost to the market.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/synthetic-lubricants-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• BP plc
• Chevron Corporation
• China Petrochemical Corporation
• Exxon Mobil Corporation
• Idemitsu Kosan Company Ltd.
• Indian Oil Corporation Limited
• Lanxess AG
• Lukoil
• Petroliam Nasional Berhad (PETRONAS)
• Royal Dutch Shell plc
• TotalEnergies SE
Synthetic Lubricants Market Segmentation:
Our report has categorized the market based on region, product, base oil, end use industry.
Breakup by Product:
• Engine Oil
• Hydraulic Fluid
• Metalworking Fluids
• Compressor Oil
• Gear Oil
• Transmission Fluid
• Turbine Oil
• Others
Breakup by Base Oil:
• Polyalphaolefin (PAO)
• Esters
• Polyalkylene Glycol (PAG)
• Others
Breakup by End Use Industry:
• Automotive
• Power Generation
• Heavy Equipment
• Food and Beverage
• Metallurgy and Metalworking
• Chemical
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Browse Other Reports of IMARC Group:
Chocolate Market: https://www.imarcgroup.com/prefeasibility-report-chocolate-manufacturing-plant
Enteral Feeding Devices Market: https://www.imarcgroup.com/enteral-feeding-devices-market
Airfreight Forwarding Market: https://www.imarcgroup.com/airfreight-forwarding-market
E-Prescribing Market: https://www.imarcgroup.com/e-prescribing-market
Pneumococcal Vaccine Market: https://www.imarcgroup.com/pneumococcal-vaccine-market
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe:- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Synthetic Lubricants Market Size, Sales Estimation, Top Leading Players and Business Overview 2022-2027 here
News-ID: 2996478 • Views: …
More Releases from IMARC Group

Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw …
Automotive control cables are essential components used to transmit mechanical force in vehicles, enabling the smooth operation of various systems such as brakes, clutches, accelerators, gear shifts, and seating mechanisms. These cables are designed for durability, flexibility, and high performance under diverse driving conditions. Their demand is directly linked to the growth of the automotive industry, aftermarket sales, and increasing consumer preference for enhanced driving comfort and safety.
Setting up an…

Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025- …
IMARC Group, a leading market research company, has recently released a report titled "Halal Cosmetics Market Size, Share, Trends and Forecast by Type, Distribution Channel, and Region, 2025-2033." The study provides a detailed analysis of the industry, including the global halal cosmetics market size, trends, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Halal Cosmetics Market Highlights:
• Halal Cosmetics Market…

Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Econ …
Castor oil is a versatile vegetable oil extracted from the seeds of the Ricinus communis plant. It is widely used in pharmaceuticals, cosmetics, food processing, lubricants, paints, coatings, and biodiesel production owing to its unique chemical properties, including high ricinoleic acid content. Castor oil derivatives also serve as key raw materials in the polymer, chemical, and industrial sectors.
Establishing a castor oil processing plant involves steps such as seed cleaning, dehulling,…

Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and M …
Honey is a natural sweetener produced by honeybees and is valued for its nutritional, medicinal, and industrial applications. It contains antioxidants, enzymes, vitamins, and minerals that make it a popular ingredient in food and beverages, pharmaceuticals, cosmetics, and personal care products. Processed honey is widely consumed as a sweetener, used in bakery and confectionery items, beverages, dietary supplements, and skincare formulations.
Setting up a honey processing plant involves operations such as…
More Releases for Synthetic
Synthetic Diamond Market Report 2024 - Synthetic Diamond Market Trends, Drivers …
"The Business Research Company recently released a comprehensive report on the Global Synthetic Diamond Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Synthetic Biology Market - Engineering life's possibilities: Synthetic biology s …
Newark, New Castle, USA: The "Synthetic Biology Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Synthetic Biology Market: https://www.growthplusreports.com/report/synthetic-biology-market/7970
This latest report researches the industry structure, sales, revenue,…
Global Synthetic Dye and Pigment Market, Global Synthetic Dye and Pigment Indust …
The synthetic dyes and pigments market entails of the sales of synthetic dyes and pigments by several entities (organizations, sole traders or partnerships) that manufacture synthetic organic and inorganic dyes and pigments, such as lakes and toners (excluding electrostatic and photographic). Pigments that are gained from natural minerals as well as synthetic pigments are comprised in this market. Artificial food-coloring is also comprised in this market. Synthetic dyes and pigments…
Synthetic Camphor Market
Research Dive has added a new report on the global synthetic camphor market to its repository. According to the report, the global synthetic camphor market is anticipated to hit $448.1 million by rising at a CAGR of 5.9% from 2019 to 2027. This report highlights various the important factors of the market such as key market segments, market dynamics & statistics, boomers, restraints, market players, and investment opportunities. It is…
Synthetic Spider Silk Market
Market Overview:
Synthetic spider silk is an alternative to the conventional spider silk replicating the latter’s features such as energy-absorbent nature, elasticity and strength. Water content in synthetic spider silk amounts up to 98%. Synthetic spider silk is made from hydrogel, which comprises of 98% of water and 2% of silica and cellulose. Synthetic spider silk is weaker compared to its natural counterpart, however, they are far stronger compared to other…
Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report).
Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications…