Lubricants Market Shifts Gears: Rising Demand, Green Innovation & Global Growth Drive 2025 | Top key players - APAR Lubricants, Exxon Mobil Corporation., Arabian Petroleum Ltd.

As per the DataM Intelligence, The Global Lubricants Market reached USD 161.1 billion in 2022 and is expected to reach USD 196.9 billion by 2031, growing with a CAGR of 2.6% during the forecast period 2024-2031. The growth of the global lubricants market is driven by rising automotive production, expanding industrialization, and increasing demand for high-performance, synthetic, and bio-based lubricants.

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The Lubricants Market comprises oils, greases, and fluids designed to reduce friction, wear, and heat between moving mechanical parts. Widely used in automotive, industrial machinery, aerospace, and marine applications, lubricants enhance performance, extend equipment life, and improve energy efficiency. This market includes mineral-based, synthetic, and bio-based products, driven by technological advancements, sustainability trends, and growing industrialization worldwide.

Lubricants Market Key Developments in USA:

➠ In May 2025, BP formally launched the divestment process for its Castrol lubricants division, aiming to raise between US $8-10 billion, as part of a broader strategy to generate $20 billion in asset sales by 2027.

➠ In July 23, 2025, One Rock Capital Partners emerged as one of the final bidders interested in acquiring the entire asset. Meanwhile, CPPIB (Canada Pension Plan Investment Board) is pursuing only a minority stake. Negotiations are ongoing, and BP may still opt to retain the business.

Key Industry players in the Lubricants Market

The prominent players in Lubricants market research report are: Grauer & Weil (India) Limited, Mosil Lubricants, Anand Engineers Pvt. Ltd., APAR Lubricants, Exxon Mobil Corporation., Arabian Petroleum Ltd., JAX Incorporated, Manak Petro Chem (India)., Castrol, Total Engines, Phillips 66, and NANDAN PETROCHEM LTD.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

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Market Segments

By Type: Industrial Oils, Automotive Oils, Marine Oils, Aerospace Oils.

By Grade: Mineral, Synthetic, Semi-Synthetic.

By End User: Transportation, Industrial.

The Lubricants industry is experiencing rapid growth, driven by innovations in medical technology, rising demand for advanced therapies, and a stronger focus on patient-centered care. As the sector progresses, comprehensive market analysis becomes crucial for monitoring emerging trends, regulatory changes, and potential opportunities.

Regions Covered:

The global Lubricants Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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FAQs:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Lubricants market?

➠ Who are the key players in the global Lubricants industry, and what is their operational performance in terms of capacity, output, sales, pricing, costs, and overall revenue?

➠ What opportunities and challenges are vendors facing in the global Lubricants market?

➠ Which product types or end-user applications are likely to experience the most growth? What is the market share of each segment?

➠ What are the main strategic approaches and limitations influencing the growth of the Lubricants market?

➠ What are the various sales, marketing, and distribution strategies used across the global Lubricants industry?

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