Press release
Construction Lubricants Market Application, Size, Growth Opportunities, Share, Graph, Regional Trends, Segments, and Forecast to 2027
Browse 245 market data Tables and 66 Figures spread through 256 Pages and in-depth TOC on "Construction Lubricants Market"
The construction lubricants market [https://www.marketsandmarkets.com/Market-Reports/construction-lubricant-market-163720562.html] is projected to grow from USD 9.0 billion in 2022 to USD 10.6 billion by 2027, at a CAGR of 3.3% during the forecast period. The market growth is primarily driven by factors such as rising automation in the construction industry and growing demand for high-quality lubricants. The high growth in the construction industry in the Asia Pacific and, Middle East & Africa region benefits the construction lubricant suppliers and fuels the global construction lubricants market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=163720562
The construction lubricants market is evolving, with major players playing a vital role in developing new and advanced products. Shell plc (UK), ExxonMobil Corporation (US), BP p.l.c. (UK), Chevron Corporation (US), TotalEnergies SE (France), Sinopec Corp. (China), FUCHS Petrolub SE (Germany), Indian Oil Corporation Limited (India), LUKOIL (Russia), and Petronas (Malaysia) are key players in the construction lubricants market. These players have adopted various growth strategies to strengthen their position in the market. These include new product launches, mergers and acquisitions, contracts, partnerships, and product development activities to further expand their presence in the construction lubricants market.
Shell plc
Shell plc is the largest player in the construction lubricants market. It is vertically active in both downstream and upstream activities in the oil & gas industry. Its well-established brand value and distribution network are vital factors for its growth prospects. The company is focused on its downstream business segment, as it has a strong revenue-generating segment with a high return on investment. It focuses on expansion as the key growth strategy. It has made enormous expansions to meet the increasing customer demand and strengthen its position in the grease market. In March 2020, Shell Indonesia announced to double the production capacity of its world-class Lube Blending Plant (LOBP) in Marunda Center near Jakarta, Indonesia. After the completion, the facility produces up to three hundred million liters of finished lubricants per year on this 9-hectare site.
ExxonMobil Corporation
ExxonMobil Corporation is the second-largest player in the construction lubricants market. ExxonMobil Corporation is one of the largest companies in terms of revenue generation. The company owns hundreds of small subsidiaries across the globe. In the 1970s, the company developed commercial synthetic motor oil and is now a pioneer in synthetic oil technology. The company is currently operating in more than 160 countries with its head offices, sales offices, production plants, and research & development centers.
In July 2019, the company increased its production capacity for low-viscosity polyalphaolefin synthetic base oils, enhancing the reliability of its global supply chain network. In June 2019, the company expanded its business by developing long-term oil reserves in Argentina's Bajo del Choique La Invernada block. The project comprises a central production facility with ninety wells and exported infrastructure connected to the Oideval pipeline and refineries. This was estimated to generate 55,000 oil equivalent barrels per day within five years. Also, in December 2018, the company expanded its Rotterdam refinery to enhance the output of Group II base oils for lubricants. Due to this, the company grew to become the world's largest producer of Group I and Group II base oils.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=163720562
BP p.l.c.
BP p.l.c. is the third-largest company in the construction lubricants market globally. The company's vertical integration is a major factor in its huge growth. The company has a strong name in the oil & gas industry. Castrol is the flagship lubricant brand of the company that has a broad product line catering to a wide range of industries. BP p.l.c. is vertically integrated and is one of the six oil & gas supermajors. The company operates in gas & low-carbon energy, customer products, oil production & operations, and other business. The company is also involved in renewable energy activities in biofuels and wind power. In June 2021, the company expanded its business by setting up a digital hub in Pune, India. This expansion helped the company grow its digital expertise and meet the changing needs by providing sustainable solutions.
Read Our Trending Press Release Below:
Electric Vehicle Fluids Market [https://www.marketsandmarkets.com/Market-Reports/electric-vehicle-fluids-market-167455899.html]
Zeolites Market [https://www.marketsandmarkets.com/Market-Reports/zeolites-market-76442083.html]
About MarketsandMarkets Trademark
MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=construction-lubricants-market-application-size-growth-opportunities-share-graph-regional-trends-segments-and-forecast-to-2027]
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/construction-lubricant-market-163720562.html
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 Construction Lubricants Market Application, Size, Growth Opportunities, Share, Graph, Regional Trends, Segments, and Forecast to 2027 here
News-ID: 3460887 • Views: …
More Releases from ABNewswire
Understanding Magnetic Switches: Types, Working Principles, and Applications
A magnetic switch is a versatile electrical device that operates by responding to magnetic fields. From Hall Effect to reed switches, explore their functions, types, and diverse applications.
What is a Magnetic Switch?
A magnetic switch is an electrical device that operates by responding to the presence of a magnetic field. It functions by closing or opening its contacts based on the strength of the magnetic field. Specifically, the switch remains closed…
Innovating embedded downlight technology: Leading the global trend of intelligen …
The strong rise of China's manufacturing industry has profoundly reshaped the technological landscape and development trajectory of embedded downlights. With its unparalleled industrial chain advantages, continuous technological innovation, and significant cost-effectiveness, Chinese enterprises have risen from participants in the global lighting industry to undisputed leaders. This transformation goes far beyond the huge production scale; it lies in the thorough innovation of the core technical content and application boundaries of embedded…
North China Electric Power University Foreign Aid Training Program Visits Yiyuan …
On July 23, 2025, the Electrical Industry Training Program of North China Electric Power University's Foreign Aid Project visited Yiyuan Technology for an exchange visit. The purpose was to gain in-depth insights into the company's innovations in renewable energy technology promotion and application [https://www.yiyen.com/about/], and to build bridges connecting university-enterprise cooperation with foreign aid initiatives.
Image: https://ecdn6.globalso.com/upload/p/1108/image_other/2025-07/scene-1.jpg
Image: https://ecdn6.globalso.com/upload/p/1108/image_other/2025-07/scene-3.jpg
Upon arrival, the delegation received a warm welcome from company leadership and the reception…
Pure Sine Wave Low Frequency Inverter Charger
Pure sine wave low frequency inverter [https://www.yiypower.com/ap-mini-600w-1500w-120v-low-frequency-pure-sine-wave-inverter-charger-product/] is widely used and suitable for a variety of scenarios. In terms of home backup power, it can provide reliable power during power outages, ensuring that essential appliances such as refrigerators, air conditioners and medical equipment continue to operate . For solar power generation systems, Inverter charger [https://www.yiypower.com/ap-mini-600w-1500w-120v-low-frequency-pure-sine-wave-inverter-charger-product/] can converter DC Power from Battery, which charged by solar panels, into clean alternating current…
More Releases for Oil
Hydraulic Oil Market,By Base Oil (Mineral Oil, Synthetic Oil, Semi-Synthetic Oil …
In recent years, the production capacity for hydraulic oil has increased significantly across the globe. Moreover, the Group II and III base oils are primarily gaining popularity for utilization in lubricant formulations for automatic transmission engines, heavy-duty trucks, and passenger automobiles. Therefore, these determinants are expected to for drive the development of the global hydraulic oil market in the anticipated period.
Global Hydraulic Oil Market was valued at USD 10.47 billion in 2021…
Cosmetic Oil Market Future Outlook 2023-2029, Industry Demand, Trends, Size, New …
This Cosmetic Oil Market research report is one of the best and wide-ranging, which provides market insights by considering numerous factors. Therefore, businesses can get important market insights cost-effectively with the help of the Cosmetic Oil Market research report. Such a persuasive report is the best to gain a competitive advantage in this quickly transforming marketplace. In addition, the report also provides market segmentation based on type and end-user. The…
Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is…
Growing demand for corn oil as cooking oil is fuelling the Corn Oil Market
The research report "Corn Oil Market: by Product Type (High Oleic, Middle Oleic, Low Oleic), By Application (Biodiesel, Soap Making, Food Services, Pharmaceutical, Others) and Geography- Global/Region/Country Forecast to 2028." The global corn oil market size was valued at USD 4.2 Bn in the year 2021, growing at a CAGR rate of 7.2% during the evaluation time span 2022-2028.
Glance our 200 slides market research and competitive intelligence research report,…
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty…
Global Sustainable Palm Oil Market analysis report- with Leading players, Applic …
Sustainable Palm Oil Market
The most widely used vegetable oil there is, palm oil is found in everything from snacks to household cleaners to cosmetics. Palm oil is used in many of the products on supermarket shelves, from margarine and chocolate to ice cream, soaps, cosmetics, and fuel for cars and power plants. The report presents a comprehensive overview, market shares, and growth opportunities of Sustainable Palm Oil market by product type,…
