Press Release

Industrial Lubricants Market to Hit USD 79.25 Billion by 2035 – Global Data Route Analytics

Pune, India | January 2, 2026

Global Data Route Analytics is pleased to announce the latest insights into the Global Industrial Lubricants Market, which is currently valued at USD 55.40 billion in 2024 and is forecasted to grow steadily to approximately USD 79.25 billion by 2035, at a CAGR of 4.7% from 2025 to 2035. This robust growth is attributed to expanding industrialization, increasing machinery maintenance needs, and the ongoing demand from automotive, energy, and manufacturing sectors.

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The market’s evolution is also supported by technological advancements aimed at improving equipment longevity and performance, especially in high-load and high-temperature environments. As the industry focuses more on cost efficiency and reliability, the use of high-performance lubricants is rising across various industrial applications.

Key Market Segmentation

By Type:
• Engine Oils, Hydraulic Fluids, Gear Oils, Turbine Oils, Compressor Oils, Metalworking Fluids, Others

By Base Oil:
• Synthetic, Mineral, Bio-based

By Application:
• Manufacturing, Automotive, Energy & Power, Construction, Marine, Mining, Others

By End-Use Industry:
• Automotive & Transportation, Manufacturing & Industrial, Power Generation, Construction, Marine, Agriculture, Others

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Regional Insights

The report presents a comprehensive regional analysis including:

North America: United States, Canada, Mexico
Europe: Germany, United Kingdom, France, Italy, Spain, Russia, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
Middle East & Africa: Saudi Arabia, UAE, South Africa, Rest of MEA
South America: Brazil, Argentina, Rest of South America

The Asia-Pacific region continues to dominate the market, fueled by rapid industrialization in countries like China and India, while North America and Europe maintain strong demand due to advanced manufacturing capabilities and increasing investments in clean energy infrastructure.

Key Players in the Global Market

Some of the leading companies operating in this space include:
ExxonMobil Corporation, Royal Dutch Shell plc, Chevron Corporation, BP plc, TotalEnergies SE, Fuchs Petrolub SE, Indian Oil Corporation Limited, PetroChina Company Limited, Sinopec Limited, Valvoline Inc., Castrol Limited (BP), Nynas AB, Idemitsu Kosan Co., Ltd., Lukoil, Caltex Corporation

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About Global Data Route Analytics

Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.

Media Contact:
Srushti Tungar
Global Data Route Analytics