Press Release
Global Lubricants Market to Exceed USD 208.3 Billion by 2035
Pune, January 2, 2026 – Global Data Route Analytics, a leading market research and consulting firm, reports that the global lubricants market is poised for robust growth, expanding from an estimated USD 145.6 billion in 2024 to over USD 208.3 billion by 2035, reflecting a compound annual growth rate (CAGR) of approximately 4.3% between 2025 and 2035.
The market’s growth trajectory is driven by rising demand across diverse end-use industries including automotive & transportation, manufacturing, construction, and energy & power. As companies seek advanced lubrication solutions to reduce friction, enhance machinery efficiency, and extend equipment lifespan, the demand for both synthetic and mineral oils is accelerating globally.
For a free sample of the report, please contact us here:
https://globaldatarouteanalytics.com/report/353/global-lubricants-market/download
Market Segmentation Highlights
The report segments the Global Lubricants Market as follows:
By Product Type
• Engine Oils
• Hydraulic Fluids
• Gear Oils
• Turbine Oils
• Compressor Oils
• Metalworking Fluids
• Process Oils
• Others
By Base Oil Type
• Synthetic Oils
• Mineral Oils
• Bio-based Oils
By Application
• Automotive
• Industrial
• Marine
• Construction
• Agriculture
• Power Generation
• Others
By End-Use Industry
• Automotive & Transportation
• Manufacturing & Industrial
• Energy & Power
• Marine
• Agriculture
• Construction
• Others
Regional Outlook
Growth is evident across key global regions:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Spain, Russia, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
South America (Brazil, Argentina, Rest of South America)
For any inquiry related to this report, please click here:
https://globaldatarouteanalytics.com/report/353/global-lubricants-market/inquiry
Competitive Landscape
Key players shaping the global lubricants ecosystem 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)
• Idemitsu Kosan Co., Ltd.
• Lukoil
• Caltex Corporation
• ENEOS Corporation
For any inquiry related to this report, please click here:
https://globaldatarouteanalytics.com/report/353/global-lubricants-market/discount
These companies are investing in R&D, expanding product portfolios, and advancing sustainable base oil technologies to stay ahead in a competitive market.
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