Lithium Grease Market Report 2026

The lithium grease market size has grown strongly in recent years. It will grow from $3.39 billion in 2025 to $3.58 billion in 2026 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to growth of automotive manufacturing, industrial machinery expansion, demand for multi purpose greases, infrastructure development, equipment maintenance requirements.

The lithium grease market size is expected to see strong growth in the next few years. It will grow to $4.38 billion in 2030 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to electric vehicle production growth, industrial automation adoption, demand for high load lubricants, infrastructure modernization, extreme operating condition requirements. Major trends in the forecast period include rising demand for high temperature lubricants, growing use in automotive and transportation systems, expansion of heavy duty industrial applications, increased adoption of lithium complex greases, focus on corrosion and water resistance performance.

The expanding automotive industry is expected to drive the growth of the lithium grease market in the coming years. The automotive industry is the sector responsible for designing, developing, manufacturing, marketing, and selling automobiles. The automotive industry is growing due to several factors, including urbanization, economic growth, and infrastructure development. Lithium grease effectively lubricates automotive components, reducing friction and wear to extend their service life while ensuring smooth operation. Its temperature stability and water resistance properties help protect automotive parts from extreme conditions, rust, and corrosion. For instance, in April 2024, according to the Serbian Association of Vehicle and Parts Importers, a Serbia-based professional automotive organization, global vehicle production reached 93,546,599 units (including 67,133,570 passenger vehicles) in 2023, up from 84,830,376 vehicles in 2022. Therefore, the growing automotive industry is driving the growth of the lithium grease market.

Leading companies in the lithium grease market are focusing on creating advanced products such as lithium soap-thickened greases to enhance protection under extreme conditions and meet diverse industry needs. Lithium soap-thickened grease is a popular lubricant known for its high-temperature stability, water resistance, and mechanical stability. For example, in May 2024, FUCHS, a lubricant manufacturer based in Germany, introduced the RHEOLUBE 460P series. This series features PAO greases thickened with lithium soap and is free from PFAS, offering a sustainable alternative to traditional fluorinated lubricants. It includes next-generation additives that enhance lubricity, improve efficiency by reducing friction, and perform well in cold environments while maintaining stability and long-term lubrication, particularly for automotive uses.

In July 2024, AMSOIL INC., a US-based fuel industry company, acquired Aerospace Lubricants Inc. for an undisclosed sum. This acquisition aims to expand AMSOIL's grease product range, which is important for various industrial applications. The investment is intended to boost AMSOIL’s operational capabilities and production capacity while enhancing the quality and performance of Aerospace Lubricants' products. Aerospace Lubricants Inc. specializes in lithium soap-thickened synthetic grease.

Major companies operating in the lithium grease market are Exxon Mobil, China Petroleum & Chemical (Sinopec), TotalEnergies, Chevron, Phillips 66, Idemitsu Kosan, Quaker Chemical, Valvoline, Petro‑Canada Lubricants, Castrol, Lucas Oil, Gulf Oil, AMSOIL, Penrite, Lubriplate, Putoline Oil, Motul India, Shell plc, Fuchs Petrolub SE, BP plc, Petroliam Nasional Berhad (PETRONAS), JX Nippon Oil & Energy Corporation, SKF Group, Calumet Specialty Products Partners, Klüber Lubrication München SE & Co KG, ENEOS Corporation, Petromin Corporation, Bel‑Ray Company LLC.

Asia-Pacific was the largest region in the lithium grease market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lithium grease market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the lithium grease market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The lithium grease market consists of sales of base oil, thickener, additives, and performance enhancers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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