Lubricants Market Size and Forecast 2021 - 2031, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Base Oil, Type, End-Use Industry, and Geography

List of Tables

The lubricants market size was valued at US$ 175.73 billion in 2024 and is expected to reach US$ 236.71 billion by 2031; it is estimated to register a CAGR of 4.6% from 2025 to 2031.

Manufacturers globally are investing in improving their supply chain to increase automobile sales in developing regions. According to the Society of Indian Automobile Manufacturers (SIAM), in India, sales of passenger vehicles increased to 2,854,242 units in November 2023 from 2,409,535 units in November 2022. Similarly, according to the China Association of Automobile Manufacturers (CAAM), the sales of commercial vehicles accounted for 18.3% year-on-year for September 2023 in China. According to the National Economic Development and Labor Council (Nedlac), automobile production in South Africa reached 633,332 units in 2023 and generated a revenue of US$ 14.7 in the same year. The South African automotive manufacturing industry is the 22nd largest in the world in terms of number of vehicles produced and is the largest on the African continent, accounting for more than 54% of vehicles assembled on the continent in 2023. According to the International Organization of Motor Vehicle Manufacturers (OICA), Brazil was the largest manufacturer and exporter of light and commercial vehicles in 2023 in South & Central America. The country reported production of 2.3 million vehicles in 2022. Traditionally, lubricants have been essential in internal combustion engine (ICE) vehicles, where they reduce friction, prevent wear, and help manage engine heat.

Electric vehicles, despite not having traditional engines, still rely on lubricants in several components such as transmissions, motors, and other drivetrain parts. These vehicles often require specialized lubricants to ensure efficient power transfer, cooling, and long-term durability of electric motor components. As EVs typically use different mechanical structures than ICE vehicles, the demand for high-performance lubricants has expanded to meet the unique needs of these systems. According to the International Energy Agency's annual Global Electric Vehicle Outlook, over 14 million electric cars were sold worldwide in 2023. Thus, the overall growth of the automobile industry accelerates the demand for lubricants, which contribute to better vehicle performance and longevity.

In the lubricants market, Asia Pacific is expected to register highest CAGR during 2024-2031. China, Australia, and Vietnam accounted for major antimony mine production and reserves. Further, India, China, and Australia were the leading countries in global mine production and reserves for garnets. Mining, quarrying, and perforating operations utilize lubricants to increase the lifespan and performance of the machinery. Therefore, the high number of metal and nonmetal reserves and a rise in regional mining operations are expected to boost the demand for lubricants. Further, Asia Pacific has been the world's largest and fastest-growing producer of renewable energy for more than 10 years. The government of Japan has set the target of 10 GW of offshore wind energy installation by 2030 and 30-45 GW by 2040. Thus, the growth of the wind energy market in the region propels the demand for lubricants.

A few players operating in the global lubricants market include Castrol Ltd, Shell Plc, Pennzoil, Quaker State Lubrication Limited, TotalEnergies SE, Repsol Group, Mobil, Motul SA, Valvoline Inc, and Chevron Corp. Players operating in the global lubricants market focus on providing high-quality products to fulfill customer demand. Also, they are focusing on launching new and high-quality products for their customers.

Manufacturers play a pivotal role in shaping the lubricants market, influencing its dynamics through production, innovation, and market strategies. As key contributors to the region's industrial landscape, lubricant manufacturers are often at the forefront of meeting the diverse needs of various sectors, including automotive, manufacturing, and agriculture. These manufacturers are responsible for formulating and producing lubricants that adhere to industry standards and address specific performance requirements. The quality and effectiveness of their products directly impact the efficiency and longevity of machinery and equipment across different applications. Manufacturers must navigate challenges related to raw material sourcing, production processes, and quality control to ensure the reliability of their lubricants in the market. Market strategies, including pricing, distribution, and branding, are also within the scope of lubricant manufacturers. Establishing strong distribution networks and brand recognition is critical for market penetration and customer trust. Manufacturers often engage in strategic partnerships with suppliers, distributors, and even research institutions to enhance their capabilities and maintain a robust presence in the competitive landscape

The overall global lubricants market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the lubricants market.

Product Code: TIPRE00003547

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Lubricants Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants:
- 4.2.2 Bargaining Power of Buyers:
- 4.2.3 Bargaining Power of Suppliers:
- 4.2.4 Competitive Rivalry:
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors or Suppliers
- 4.3.4 End-Use Industry
- 4.3.5 List of Vendors in the Value Chain

5. Lubricants Market - Key Market Dynamics

5.1 Lubricants Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Booming Automobile Sector
- 5.2.2 Rapid Industrial Growth in Emerging Economies
5.3 Market Restraints
- 5.3.1 Fluctuation in Raw Material Prices
5.4 Market Opportunities
- 5.4.1 Increasing Demand for Lubricants from Wind Energy Sector
5.5 Future Trends
- 5.5.1 Surging Demand for Bio-Based and Sustainable Lubricants in Various Industries
5.6 Impact of Drivers and Restraints:

6. Lubricants Market - Global Market Analysis

6.1 Lubricants Market Volume (Kilo Tons), 2021-2031
6.2 Lubricants Market Volume Forecast and Analysis (Kilo Tons)
6.3 Lubricants Market Revenue (US$ Million), 2024-2031
6.4 Lubricants Market Forecast and Analysis

7. Global Lubricants Market Volume and Revenue Analysis - by Base Oil

7.1 Mineral Oil
- 7.1.1 Overview
- 7.1.2 Mineral Oil: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.1.3 Mineral Oil: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Synthetic Oil
- 7.2.1 Overview
- 7.2.2 Synthetic Oil: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.2.3 Synthetic Oil: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Bio-based Oil
- 7.3.1 Overview
- 7.3.2 Bio-based Oil: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.3.3 Bio-based Oil: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)

8. Lubricants Market Volume and Revenue Analysis - by Type

8.1 Hydraulic Fluid
- 8.1.1 Overview
- 8.1.2 Hydraulic Fluid: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.1.3 Hydraulic Fluid: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Engine Oil
- 8.2.1 Overview
- 8.2.2 Engine Oil: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.2.3 Engine Oil: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Driveline Lubricants
- 8.3.1 Overview
- 8.3.2 Driveline Lubricants: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.3.3 Driveline Lubricants: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
8.4 Metalworking Fluids
- 8.4.1 Overview
- 8.4.2 Metalworking Fluids: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.4.3 Metalworking Fluids: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
8.5 Grease
- 8.5.1 Overview
- 8.5.2 Grease: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.5.3 Grease: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
8.6 Process Oils
- 8.6.1 Overview
- 8.6.2 Process Oils: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.6.3 Process Oils: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
8.7 Coolants
- 8.7.1 Overview
- 8.7.2 Coolants: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.7.3 Coolants: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
8.8 Others
- 8.8.1 Overview
- 8.8.2 Others: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.8.3 Others: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)

9. Global Lubricants Market Volume and Revenue Analysis - by End-use Industry

9.1 Automotive
- 9.1.1 Overview
- 9.1.2 Automotive: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 9.1.3 Automotive: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
  - 9.1.3.1 Passenger Cars
    - 9.1.3.1.1 Overview
    - 9.1.3.1.2 Passenger Cars: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
    - 9.1.3.1.3 Passenger Cars: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
  - 9.1.3.2 Light Commercial Vehicle
    - 9.1.3.2.1 Overview
    - 9.1.3.2.2 Light Commercial Vehicle: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
    - 9.1.3.2.3 Light Commercial Vehicle: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
  - 9.1.3.3 Heavy Commercial Vehicle
    - 9.1.3.3.1 Overview
    - 9.1.3.3.2 Heavy Commercial Vehicle: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
    - 9.1.3.3.3 Heavy Commercial Vehicle: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
  - 9.1.3.4 Others
    - 9.1.3.4.1 Overview
    - 9.1.3.4.2 Others: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
    - 9.1.3.4.3 Others: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Building and Construction
- 9.2.1 Overview
- 9.2.2 Building and Construction: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 9.2.3 Building and Construction: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Power Generation
- 9.3.1 Overview
- 9.3.2 Power Generation: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 9.3.3 Power Generation: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Mining and Metallurgy
- 9.4.1 Overview
- 9.4.2 Mining and Metallurgy: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 9.4.3 Mining and Metallurgy: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
9.5 Food Processing
- 9.5.1 Overview
- 9.5.2 Food Processing: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 9.5.3 Food Processing: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
9.6 Oil and Gas
- 9.6.1 Overview
- 9.6.2 Oil and Gas: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 9.6.3 Oil and Gas: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
9.7 Marine
- 9.7.1 Overview
- 9.7.2 Marine: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 9.7.3 Marine: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
9.8 Aviation
- 9.8.1 Overview
- 9.8.2 Aviation: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 9.8.3 Aviation: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
9.9 Others
- 9.9.1 Overview
- 9.9.2 Others: Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 9.9.3 Others: Lubricants Market - Revenue and Forecast to 2031 (US$ Million)

10. Global Lubricants Market - Geographical Analysis

10.1 Overview
10.2 North America
- 10.2.1 North America Lubricants Market Overview
- 10.2.2 North America Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 10.2.3 North America Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.4 North America Lubricants Market Breakdown by Base Oil
  - 10.2.4.1 North America Lubricants Market Volume and Forecast and Analysis - by Base Oil
  - 10.2.4.2 North America Lubricants Market Revenue and Forecast and Analysis - by Base Oil
- 10.2.5 North America Lubricants Market Breakdown by Type
  - 10.2.5.1 North America Lubricants Market Volume and Forecast and Analysis - by Type
  - 10.2.5.2 North America Lubricants Market Revenue and Forecast and Analysis - by Type
- 10.2.6 North America Lubricants Market Breakdown by End-use Industry
  - 10.2.6.1 North America Lubricants Market Volume and Forecast and Analysis - by End-use Industry
  - 10.2.6.2 North America Lubricants Market Revenue and Forecast and Analysis - by End-use Industry
- 10.2.7 North America Lubricants Market Revenue and Forecast and Analysis - by Country
  - 10.2.7.1 North America Lubricants Market Volume and Forecast and Analysis - by Country
  - 10.2.7.2 North America Lubricants Market Revenue and Forecast and Analysis - by Country
  - 10.2.7.3 United States Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.2.7.3.1 United States Lubricants Market Breakdown by Base Oil
    - 10.2.7.3.2 United States Lubricants Market Breakdown by Type
    - 10.2.7.3.3 United States Lubricants Market Breakdown by End-use Industry
  - 10.2.7.4 Canada Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.2.7.4.1 Canada Lubricants Market Breakdown by Base Oil
    - 10.2.7.4.2 Canada Lubricants Market Breakdown by Type
    - 10.2.7.4.3 Canada Lubricants Market Breakdown by End-use Industry
  - 10.2.7.5 Mexico Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.2.7.5.1 Mexico Lubricants Market Breakdown by Base Oil
    - 10.2.7.5.2 Mexico Lubricants Market Breakdown by Type
    - 10.2.7.5.3 Mexico Lubricants Market Breakdown by End-use Industry
10.3 Europe
- 10.3.1 Europe Lubricants Market Overview
- 10.3.2 Europe Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 10.3.3 Europe Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.4 Europe Lubricants Market Breakdown by Base Oil
  - 10.3.4.1 Europe Lubricants Market Volume and Forecast and Analysis - by Base Oil
  - 10.3.4.2 Europe Lubricants Market Revenue and Forecast and Analysis - by Base Oil
- 10.3.5 Europe Lubricants Market Breakdown by Type
  - 10.3.5.1 Europe Lubricants Market Volume and Forecast and Analysis - by Type
  - 10.3.5.2 Europe Lubricants Market Revenue and Forecast and Analysis - by Type
- 10.3.6 Europe Lubricants Market Breakdown by End-use Industry
  - 10.3.6.1 Europe Lubricants Market Volume and Forecast and Analysis - by End-use Industry
  - 10.3.6.2 Europe Lubricants Market Revenue and Forecast and Analysis - by End-use Industry
- 10.3.7 Europe Lubricants Market Revenue and Forecast and Analysis - by Country
  - 10.3.7.1 Europe Lubricants Market Volume and Forecast and Analysis - by Country
  - 10.3.7.2 Europe Lubricants Market Revenue and Forecast and Analysis - by Country
  - 10.3.7.3 Germany Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.3.7.3.1 Germany Lubricants Market Breakdown by Base Oil
    - 10.3.7.3.2 Germany Lubricants Market Breakdown by Type
    - 10.3.7.3.3 Germany Lubricants Market Breakdown by End-use Industry
  - 10.3.7.4 France Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.3.7.4.1 France Lubricants Market Breakdown by Base Oil
    - 10.3.7.4.2 France Lubricants Market Breakdown by Type
    - 10.3.7.4.3 France Lubricants Market Breakdown by End-use Industry
  - 10.3.7.5 United Kingdom Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.3.7.5.1 United Kingdom Lubricants Market Breakdown by Base Oil
    - 10.3.7.5.2 United Kingdom Lubricants Market Breakdown by Type
    - 10.3.7.5.3 United Kingdom Lubricants Market Breakdown by End-use Industry
  - 10.3.7.6 Italy Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.3.7.6.1 Italy Lubricants Market Breakdown by Base Oil
    - 10.3.7.6.2 Italy Lubricants Market Breakdown by Type
    - 10.3.7.6.3 Italy Lubricants Market Breakdown by End-use Industry
  - 10.3.7.7 Russia Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.3.7.7.1 Russia Lubricants Market Breakdown by Base Oil
    - 10.3.7.7.2 Russia Lubricants Market Breakdown by Type
    - 10.3.7.7.3 Russia Lubricants Market Breakdown by End-use Industry
  - 10.3.7.8 Spain Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.3.7.8.1 Spain Lubricants Market Breakdown by Base Oil
    - 10.3.7.8.2 Spain Lubricants Market Breakdown by Type
    - 10.3.7.8.3 Spain Lubricants Market Breakdown by End-use Industry
  - 10.3.7.9 Poland Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.3.7.9.1 Poland Lubricants Market Breakdown by Base Oil
    - 10.3.7.9.2 Poland Lubricants Market Breakdown by Type
    - 10.3.7.9.3 Poland Lubricants Market Breakdown by End-use Industry
  - 10.3.7.10 Czech Republic Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.3.7.10.1 Czech Republic Lubricants Market Breakdown by Base Oil
    - 10.3.7.10.2 Czech Republic Lubricants Market Breakdown by Type
    - 10.3.7.10.3 Czech Republic Lubricants Market Breakdown by End-use Industry
  - 10.3.7.11 Turkey Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.3.7.11.1 Turkey Lubricants Market Breakdown by Base Oil
    - 10.3.7.11.2 Turkey Lubricants Market Breakdown by Type
    - 10.3.7.11.3 Turkey Lubricants Market Breakdown by End-use Industry
  - 10.3.7.12 Rest of Europe Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.3.7.12.1 Rest of Europe Lubricants Market Breakdown by Base Oil
    - 10.3.7.12.2 Rest of Europe Lubricants Market Breakdown by Type
    - 10.3.7.12.3 Rest of Europe Lubricants Market Breakdown by End-use Industry
10.4 Asia Pacific
- 10.4.1 Asia Pacific Lubricants Market Overview
- 10.4.2 Asia Pacific Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 10.4.3 Asia Pacific Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.4 Asia Pacific Lubricants Market Breakdown by Base Oil
  - 10.4.4.1 Asia Pacific Lubricants Market Volume and Forecast and Analysis - by Base Oil
  - 10.4.4.2 Asia Pacific Lubricants Market Revenue and Forecast and Analysis - by Base Oil
- 10.4.5 Asia Pacific Lubricants Market Breakdown by Type
  - 10.4.5.1 Asia Pacific Lubricants Market Volume and Forecast and Analysis - by Type
  - 10.4.5.2 Asia Pacific Lubricants Market Revenue and Forecast and Analysis - by Type
- 10.4.6 Asia Pacific Lubricants Market Breakdown by End-use Industry
  - 10.4.6.1 Asia Pacific Lubricants Market Volume and Forecast and Analysis - by End-use Industry
  - 10.4.6.2 Asia Pacific Lubricants Market Revenue and Forecast and Analysis - by End-use Industry
- 10.4.7 Asia Pacific Lubricants Market Revenue and Forecast and Analysis - by Country
  - 10.4.7.1 Asia Pacific Lubricants Market Volume and Forecast and Analysis - by Country
  - 10.4.7.2 Asia Pacific Lubricants Market Revenue and Forecast and Analysis - by Country
  - 10.4.7.3 Australia Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.4.7.3.1 Australia Lubricants Market Breakdown by Base Oil
    - 10.4.7.3.2 Australia Lubricants Market Breakdown by Type
    - 10.4.7.3.3 Australia Lubricants Market Breakdown by End-use Industry
  - 10.4.7.4 China Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.4.7.4.1 China Lubricants Market Breakdown by Base Oil
    - 10.4.7.4.2 China Lubricants Market Breakdown by Type
    - 10.4.7.4.3 China Lubricants Market Breakdown by End-use Industry
  - 10.4.7.5 India Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.4.7.5.1 India Lubricants Market Breakdown by Base Oil
    - 10.4.7.5.2 India Lubricants Market Breakdown by Type
    - 10.4.7.5.3 India Lubricants Market Breakdown by End-use Industry
  - 10.4.7.6 Japan Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.4.7.6.1 Japan Lubricants Market Breakdown by Base Oil
    - 10.4.7.6.2 Japan Lubricants Market Breakdown by Type
    - 10.4.7.6.3 Japan Lubricants Market Breakdown by End-use Industry
  - 10.4.7.7 South Korea Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.4.7.7.1 South Korea Lubricants Market Breakdown by Base Oil
    - 10.4.7.7.2 South Korea Lubricants Market Breakdown by Type
    - 10.4.7.7.3 South Korea Lubricants Market Breakdown by End-use Industry
  - 10.4.7.8 Indonesia Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.4.7.8.1 Indonesia Lubricants Market Breakdown by Base Oil
    - 10.4.7.8.2 Indonesia Lubricants Market Breakdown by Type
    - 10.4.7.8.3 Indonesia Lubricants Market Breakdown by End-use Industry
  - 10.4.7.9 Thailand Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.4.7.9.1 Thailand Lubricants Market Breakdown by Base Oil
    - 10.4.7.9.2 Thailand Lubricants Market Breakdown by Type
    - 10.4.7.9.3 Thailand Lubricants Market Breakdown by End-use Industry
  - 10.4.7.10 Vietnam Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.4.7.10.1 Vietnam Lubricants Market Breakdown by Base Oil
    - 10.4.7.10.2 Vietnam Lubricants Market Breakdown by Type
    - 10.4.7.10.3 Vietnam Lubricants Market Breakdown by End-use Industry
  - 10.4.7.11 Rest of APAC Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.4.7.11.1 Rest of APAC Lubricants Market Breakdown by Base Oil
    - 10.4.7.11.2 Rest of APAC Lubricants Market Breakdown by Type
    - 10.4.7.11.3 Rest of APAC Lubricants Market Breakdown by End-use Industry
10.5 Middle East and Africa
- 10.5.1 Middle East and Africa Lubricants Market Overview
- 10.5.2 Middle East and Africa Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 10.5.3 Middle East and Africa Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
- 10.5.4 Middle East and Africa Lubricants Market Breakdown by Base Oil
  - 10.5.4.1 Middle East and Africa Lubricants Market Volume and Forecast and Analysis - by Base Oil
  - 10.5.4.2 Middle East and Africa Lubricants Market Revenue and Forecast and Analysis - by Base Oil
- 10.5.5 Middle East and Africa Lubricants Market Breakdown by Type
  - 10.5.5.1 Middle East and Africa Lubricants Market Volume and Forecast and Analysis - by Type
  - 10.5.5.2 Middle East and Africa Lubricants Market Revenue and Forecast and Analysis - by Type
- 10.5.6 Middle East and Africa Lubricants Market Breakdown by End-use Industry
  - 10.5.6.1 Middle East and Africa Lubricants Market Volume and Forecast and Analysis - by End-use Industry
  - 10.5.6.2 Middle East and Africa Lubricants Market Revenue and Forecast and Analysis - by End-use Industry
- 10.5.7 Middle East and Africa Lubricants Market Revenue and Forecast and Analysis - by Country
  - 10.5.7.1 Middle East and Africa Lubricants Market Volume and Forecast and Analysis - by Country
  - 10.5.7.2 Middle East and Africa Lubricants Market Revenue and Forecast and Analysis - by Country
  - 10.5.7.3 South Africa Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.5.7.3.1 South Africa Lubricants Market Breakdown by Base Oil
    - 10.5.7.3.2 South Africa Lubricants Market Breakdown by Type
    - 10.5.7.3.3 South Africa Lubricants Market Breakdown by End-use Industry
  - 10.5.7.4 Saudi Arabia Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.5.7.4.1 Saudi Arabia Lubricants Market Breakdown by Base Oil
    - 10.5.7.4.2 Saudi Arabia Lubricants Market Breakdown by Type
    - 10.5.7.4.3 Saudi Arabia Lubricants Market Breakdown by End-use Industry
  - 10.5.7.5 United Arab Emirates Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.5.7.5.1 United Arab Emirates Lubricants Market Breakdown by Base Oil
    - 10.5.7.5.2 United Arab Emirates Lubricants Market Breakdown by Type
    - 10.5.7.5.3 United Arab Emirates Lubricants Market Breakdown by End-use Industry
  - 10.5.7.6 Egypt Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.5.7.6.1 Egypt Lubricants Market Breakdown by Base Oil
    - 10.5.7.6.2 Egypt Lubricants Market Breakdown by Type
    - 10.5.7.6.3 Egypt Lubricants Market Breakdown by End-use Industry
  - 10.5.7.7 Rest of Middle East and Africa Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.5.7.7.1 Rest of Middle East and Africa Lubricants Market Breakdown by Base Oil
    - 10.5.7.7.2 Rest of Middle East and Africa Lubricants Market Breakdown by Type
    - 10.5.7.7.3 Rest of Middle East and Africa Lubricants Market Breakdown by End-use Industry
10.6 South and Central America
- 10.6.1 South and Central America Lubricants Market Overview
- 10.6.2 South and Central America Lubricants Market - Volume and Forecast to 2031 (Kilo Tons)
- 10.6.3 South and Central America Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
- 10.6.4 South and Central America Lubricants Market Breakdown by Base Oil
  - 10.6.4.1 South and Central America Lubricants Market Volume and Forecast and Analysis - by Base Oil
  - 10.6.4.2 South and Central America Lubricants Market Revenue and Forecast and Analysis - by Base Oil
- 10.6.5 South and Central America Lubricants Market Breakdown by Type
  - 10.6.5.1 South and Central America Lubricants Market Volume and Forecast and Analysis - by Type
  - 10.6.5.2 South and Central America Lubricants Market Revenue and Forecast and Analysis - by Type
- 10.6.6 South and Central America Lubricants Market Breakdown by End-use Industry
  - 10.6.6.1 South and Central America Lubricants Market Volume and Forecast and Analysis - by End-use Industry
  - 10.6.6.2 South and Central America Lubricants Market Revenue and Forecast and Analysis - by End-use Industry
- 10.6.7 South and Central America Lubricants Market Revenue and Forecast and Analysis - by Country
  - 10.6.7.1 South and Central America Lubricants Market Volume and Forecast and Analysis - by Country
  - 10.6.7.2 South and Central America Lubricants Market Revenue and Forecast and Analysis - by Country
  - 10.6.7.3 Brazil Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.6.7.3.1 Brazil Lubricants Market Breakdown by Base Oil
    - 10.6.7.3.2 Brazil Lubricants Market Breakdown by Type
    - 10.6.7.3.3 Brazil Lubricants Market Breakdown by End-use Industry
  - 10.6.7.4 Argentina Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.6.7.4.1 Argentina Lubricants Market Breakdown by Base Oil
    - 10.6.7.4.2 Argentina Lubricants Market Breakdown by Type
    - 10.6.7.4.3 Argentina Lubricants Market Breakdown by End-use Industry
  - 10.6.7.5 Rest of South and Central America Lubricants Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.6.7.5.1 Rest of South and Central America Lubricants Market Breakdown by Base Oil
    - 10.6.7.5.2 Rest of South and Central America Lubricants Market Breakdown by Type
    - 10.6.7.5.3 Rest of South and Central America Lubricants Market Breakdown by End-use Industry

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition

13. Company Profiles

13.1 Shell Plc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Exxon Mobil Corp
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 TotalEnergies SE
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Chevron Corp
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Financial Overview
- 13.4.4 SWOT Analysis
- 13.4.5 Key Developments
13.5 BP Plc
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Lukoil
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Fuchs SE
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Valvoline Inc
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 China National Petroleum Corporation
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Puma Energy Holdings Pte Ltd
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
13.11 ENEOS Holdings Inc
- 13.11.1 Key Facts
- 13.11.2 Business Description
- 13.11.3 Products and Services
- 13.11.4 Financial Overview
- 13.11.5 SWOT Analysis
- 13.11.6 Key Developments
13.12 Compania Espanola de Petroleos SA
- 13.12.1 Key Facts
- 13.12.2 Business Description
- 13.12.3 Products and Services
- 13.12.4 Financial Overview
- 13.12.5 SWOT Analysis
- 13.12.6 Key Developments
13.13 Repsol SA
- 13.13.1 Key Facts
- 13.13.2 Business Description
- 13.13.3 Products and Services
- 13.13.4 Financial Overview
- 13.13.5 SWOT Analysis
- 13.13.6 Key Developments
13.14 Gulf Oil International Ltd
- 13.14.1 Key Facts
- 13.14.2 Business Description
- 13.14.3 Products and Services
- 13.14.4 Financial Overview
- 13.14.5 SWOT Analysis
- 13.14.6 Key Developments
13.15 PETROFER Chemie H. R. Fischer GmbH + Co. KG
- 13.15.1 Key Facts
- 13.15.2 Business Description
- 13.15.3 Products and Services
- 13.15.4 Financial Overview
- 13.15.5 SWOT Analysis
- 13.15.6 Key Developments
13.16 GP Global Group
- 13.16.1 Key Facts
- 13.16.2 Business Description
- 13.16.3 Products and Services
- 13.16.4 Financial Overview
- 13.16.5 SWOT Analysis
- 13.16.6 Key Developments
13.17 Petro?Canada Lubricants Inc.
- 13.17.1 Key Facts
- 13.17.2 Business Description
- 13.17.3 Products and Services
- 13.17.4 Financial Overview
- 13.17.5 SWOT Analysis
- 13.17.6 Key Developments

14. Appendix

14.1 About The Insight Partners