Synthetic Lubricants Market by Type (Polyalphaolefins (PAOs), Esters, Poly Alkyne Glycols (PAGs), Group III), Product Type (Engine Oils, Hydraulic Fluids, Metalworking Fluids, Compressor Oils, Turbine Oils), & Region - Forecast to 2028

1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.2.2 Market Definitions and Inclusions, by Type
1.2.3 Market Definitions and Inclusions, by Product Type
1.2.4 Market Definitions and Inclusions, by End-use Industry
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.4 Years Considered
1.5 Currency Considered
1.6 Units Considered
1.7 Stakeholders
1.8 Summary of Changes
1.8.1 Impact of Recession

2.1 Research Data
Figure 1 Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Interviews with Experts-Demand and Supply Sides
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Interviews with Experts
2.2 Market Size Estimation
2.2.1 Bottom Up Approach
Figure 2 Market Size Estimation Methodology: Approach 1 (Supply Side): Collective Share of Major Players
Figure 3 Market Size Estimation Methodology: Approach 2 Bottom Up (Supply Side): Collective Revenue of All Products
Figure 4 Market Size Estimation Methodology: Approach 3 - Bottom Up (Demand Side): Products Sold
2.3 Data Triangulation
Figure 5 Data Triangulation
2.4 Growth Rate Assumptions/Growth Forecasts
2.4.1 Supply Side
Figure 6 Market Growth Projection from Supply Side
2.4.2 Demand Side
Figure 7 Market Growth Projection from Demand Side Drivers and Opportunities
2.5 Impact of Recession
2.6 Assumptions
2.7 Limitations
2.8 Risk Assessment
Table 1 Risk Assessment

Figure 8 Paos Segment Accounted for Largest Market Share in 2023
Figure 9 Compressor Oil to be Fastest-Growing Segment in Synthetic Lubricants Market
Figure 10 Asia-Pacific Accounted for Largest Share of Synthetic Lubricants Market in 2022

4.1 Attractive Opportunities for Players in Synthetic Lubricants Market
Figure 11 Emerging Economies in Asia-Pacific to Fuel Market Demand
4.2 Asia-Pacific Synthetic Lubricants Market, by Application and Country
Figure 12 China Led Asia-Pacific Synthetic Lubricants Market in 2022
4.3 Synthetic Lubricants Market, by Region
Figure 13 Asia-Pacific Accounted for Largest Market Share in 2022
4.4 Synthetic Lubricants Market, by Product Type
Figure 14 Engine Oils Segment Accounted for Largest Market Share in 2023
4.5 Synthetic Lubricants Market, by Type vs. Region
Figure 15 Pao Was Dominant Segment in Synthetic Lubricants Market in Most Regions in 2022
4.6 Synthetic Lubricants Market Attractiveness
Figure 16 China to be Fastest-Growing Market During Forecast Period

5.1 Introduction
5.2 Market Dynamics
Figure 17 Drivers, Restraints, Opportunities, and Challenges in Synthetic Lubricants Market
5.2.1 Drivers
5.2.1.1 Significant Growth of Construction Industry in Asia-Pacific and Middle East & Africa
5.2.1.2 Growth in Offshore Exploration and Production Activities
5.2.1.3 Growing Demand for High-Quality Lubricants
5.2.1.4 Rise in Automation in Construction Industry
5.2.2 Restraints
5.2.2.1 Rise in Demand for Alternative Fuels
5.2.2.2 Stringent Environmental Regulations
5.2.3 Opportunities
5.2.3.1 Leveraging E-Commerce Industry to Increase Customer Reach
5.2.3.2 Advancements in Synthetic Lubricant Technologies
5.2.4 Challenges
5.2.4.1 Emergence of Alternative Technologies
5.2.4.2 Rising Raw Material Prices
Table 2 Crude Oil Price Trends (2019-2022)
5.3 Porter's Five Forces Analysis
Figure 18 Porter's Five Forces Analysis
5.3.1 Threat of Substitutes
5.3.2 Threat of New Entrants
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
Table 3 Synthetic Lubricants Market: Porter's Five Forces Analysis
5.4 Macroeconomic Indicators
5.4.1 GDP Trends and Forecast for Major Economies
Table 4 GDP Trends and Forecast for Major Economies, 2020-2028 (USD Billion)

6.1 Supply Chain Analysis
Figure 19 Supply Chain
6.1.1 Raw Materials
6.1.2 Manufacturers
6.1.3 Distribution to End-users
6.1.4 End-use Industries
6.2 Trends/Disruptions Impacting Customer Business
Figure 20 Revenue Shift for Synthetic Lubricants Market
6.3 Ecosystem Analysis/Market Map
Figure 21 Ecosystem
Table 5 Ecosystem
6.4 Case Studies
6.4.1 Lubrication Failure in Ship's Main Engine: Cause, Effect, and Solution
6.4.2 Klüber Lubrication Launches Innovative Solution for Sustainable Ship Propulsion
6.4.3 Chevron Oronite Introduces New Marine Cylinder Lubricant Additive Package for Imo 2020-Compliant Fuels
6.5 Technology Analysis
6.5.1 Key Technologies
6.5.1.1 Nanotechnology in Synthetic Lubricants
6.5.2 Complementary Technologies
6.5.2.1 Refining Process Technologies
6.5.2.2 Re-Refining Technology
6.5.2.3 So2 Scrubbing System Technology
6.6 Key Stakeholders and Buying Criteria
6.6.1 Key Stakeholders in Buying Process
Figure 22 Influence of Stakeholders on Buying Process for Top Three Product Types
Table 6 Influence of Stakeholders on Buying Process for Top Three Product Types (%)
6.6.2 Buying Criteria
Figure 23 Key Buying Criteria for Top Three Product Types
Table 7 Key Buying Criteria for Top Three Product Types
6.7 Pricing Analysis
6.7.1 Average Selling Price Trend, by Region
Figure 24 Average Selling Price Trend of Synthetic Lubricants, by Region (USD/KG)
Table 8 Average Selling Price Trend of Synthetic Lubricants, by Region (USD/KG)
6.7.2 Average Selling Price Trend of Key Players, by Product Type
Figure 25 Average Selling Price Trend of Key Players, by Product Type
Table 9 Average Selling Price Trend of Key Players, by Product Type (USD/KG)
6.8 Trade Analysis
6.8.1 Import Scenario of Synthetic Lubricants
Figure 26 Imports of Synthetic Lubricants, by Key Country, 2013-2021
Table 10 Imports of Synthetic Lubricants, by Region, 2013-2021 (USD Million)
6.8.2 Export Scenario of Synthetic Lubricants
Figure 27 Exports of Synthetic Lubricants, by Key Country, 2013-2021
Table 11 Exports of Synthetic Lubricants, by Region, 2013-2021 (USD Million)
6.9 Regulatory Landscape of Synthetic Lubricants
6.9.1 Regulations for Synthetic Lubricants
Table 12 North America: Regulations for Synthetic Lubricants
Table 13 Europe: Regulations for Synthetic Lubricants
Table 14 Asia-Pacific: Regulations for Synthetic Lubricants
Table 15 Middle East & Africa: Regulations for Synthetic Lubricants
Table 16 South America: Regulations for Synthetic Lubricants
6.9.2 Regulatory Bodies, Government Agencies, and Other Organizations
6.10 Key Conferences & Events, 2024-2025
Table 17 Detailed List of Conferences & Events, 2024-2025
6.11 Investment Landscape
6.12 Patent Analysis
6.12.1 Approach
6.12.2 Document Type
Table 18 Patent Status and Count
Figure 28 Patents Registered in Synthetic Lubricants Market, 2012-2022
Figure 29 Patent Publication Trends, 2012-2022
Figure 30 Legal Status of Patents Filed in Synthetic Lubricants Market
6.12.3 Jurisdiction Analysis
Figure 31 Maximum Patents Filed in Jurisdiction of US
6.12.4 Top Applicants
Figure 32 Lubrizol Corporation Registered Maximum Number of Patents Between 2012 and 2022
Table 19 List of Patents by Lubrizol Corporation

7.1 Introduction
Figure 33 Esters Segment to Register Highest CAGR During Forecast Period
Table 20 Synthetic Lubricants Market, by Type, 2017-2021 (USD Million)
Table 21 Synthetic Lubricants Market, by Type, 2022-2028 (USD Million)
Table 22 Synthetic Lubricants Market, by Type, 2017-2021 (Kiloton)
Table 23 Synthetic Lubricants Market, by Type, 2022-2028 (Kiloton)
7.2 Polyalphaolefins (Paos)
7.2.1 Wide Operational Temperature Range and Oxidative Stability to Drive Market
Table 24 Paos: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 25 Paos: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 26 Paos: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 27 Paos: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)
7.3 Esters
7.3.1 Use in Jet Engine Lubricants, Refrigeration Lubricants, Air Compressors, and Automotive Sector to Drive Market
Table 28 Esters: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 29 Esters: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 30 Esters: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 31 Esters: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)
7.4 Polyalkylene Glycols (Pags)
7.4.1 Increasing Demand for Metalworking Fluids to Drive Market
Table 32 Pags: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 33 Pags: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 34 Pags: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 35 Pags: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)
7.5 Group III (Hydrocracking)
7.5.1 Better Performance Under Extreme Conditions, Viscosity Index, Higher Shear Stability, and Chemical Resistance to Drive Market
Table 36 Group III: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 37 Group III: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 38 Group III: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 39 Group III: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)

8.1 Introduction
Figure 34 Compressor Oils Segment Projected to Register Highest CAGR During Forecast Period
Table 40 Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 41 Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 42 Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 43 Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
8.2 Engine Oils
8.2.1 Rapid Expansion of Automotive Sector to Drive Market
Table 44 Engine Oils: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 45 Engine Oils: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 46 Engine Oils: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 47 Engine Oils: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)
8.3 Hydraulic Fluids
8.3.1 Growing Manufacturing Sector in Emerging Economies to Drive Market
Table 48 Hydraulic Fluids: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 49 Hydraulic Fluids: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 50 Hydraulic Fluids: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 51 Hydraulic Fluids: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)
8.4 Metalworking Fluids
8.4.1 Growth in Automotive Manufacturing and Expansion of Machinery and Metal Fabrication Industries to Drive Market
Table 52 Metalworking Fluids: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 53 Metalworking Fluids: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 54 Metalworking Fluids: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 55 Metalworking Fluids: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)
8.5 Compressor Oils
8.5.1 Growing Demand for Industrial Machinery & Equipment to Drive Market
Table 56 Compressor Oils: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 57 Compressor Oils: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 58 Compressor Oils: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 59 Compressor Oils: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)
8.6 Gear Oils
8.6.1 Expanding Automotive Industry to Offer Significant Growth Opportunities to Drive Market
Table 60 Gear Oils: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 61 Gear Oils: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 62 Gear Oils: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 63 Gear Oils: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)
8.7 Refrigeration Oils
8.7.1 Increasing Demand for Consumer Appliances to Drive Market
Table 64 Refrigeration Oils: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 65 Refrigeration Oils: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 66 Refrigeration Oils: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 67 Refrigeration Oils: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)
8.8 Transmission Fluids
8.8.1 Increasingly Stringent Environmental Regulations to Drive Market
Table 68 Transmission Fluids: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 69 Transmission Fluids: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 70 Transmission Fluids: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 71 Transmission Fluids: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)
8.9 Turbine Oils
8.9.1 Growing Demand for Energy to Drive Market
Table 72 Turbine Oils: Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 73 Turbine Oils: Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 74 Turbine Oils: Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 75 Turbine Oils: Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)

9.1 Introduction
9.2 Transportation
9.2.1 Commercial Vehicles
9.2.1.1 Growing Need for Buses and Taxis to Drive Market
9.2.2 Passenger Vehicles
9.2.2.1 Economic Development and Rise in Spending Power to Drive Market
9.2.2.2 4-Wheelers
9.2.2.3 2-Wheelers
9.2.3 Aviation
9.2.3.1 Rising Living Standards and Decreasing Airfare to Drive Market
9.2.4 Marine
9.2.4.1 Superior Shear Resistance, Thermal Stability, Viscosity Stability, Engine Longevity, and Fuel Economy to Drive Market
9.2.5 Railway
9.2.5.1 Developed Railway Operations in North America to Drive Market
9.3 Industrial
9.3.1 Construction
9.3.1.1 Increased Government Investments in Infrastructure Projects to Drive Market
9.3.2 Metal & Mining
9.3.2.1 Demand for Bucket Wheels, Excavators, Draglines, Electric Rope Shovels, Hydraulic Shovels, and Mining Trucks to Drive Market
9.3.3 Cement Production
9.3.3.1 Utility in Crushers, Mills, Kilns, and Coolers to Drive Market
9.3.4 Power Generation
9.3.4.1 Provision of Superior Performance, Water Resistance, and High Corrosion Inhibition to Drive Market
9.3.5 Automotive (Vehicle Manufacturing)
9.3.5.1 Smooth Operation and Long Service Life of Machines to Drive Market
9.3.6 Chemical
9.3.6.1 Requirement for Compressor Oils in Gas Compressors, Industrial Valves, Fittings, and Rolling Bearings to Drive Market
9.3.7 Oil & Gas
9.3.7.1 Demand for Pipe Connections, Derricks, Mud Systems, Thrusters, and Deck Cranes to Drive Market
9.3.8 Textile
9.3.8.1 Use in Knitting Machines, Fiber Processing Machines, Spinning Machines, Cutting Machines, and Rolling Machines to Drive Market
9.3.9 Food Processing
9.3.9.1 Protection Against Wear, Corrosion, and Contamination in Food Processing Equipment to Drive Market
9.4 Other End-use Industries

10.1 Introduction
Figure 35 Asia-Pacific to be Fastest-Growing Synthetic Lubricants Market
Table 76 Synthetic Lubricants Market, by Region, 2017-2021 (USD Million)
Table 77 Synthetic Lubricants Market, by Region, 2022-2028 (USD Million)
Table 78 Synthetic Lubricants Market, by Region, 2017-2021 (Kiloton)
Table 79 Synthetic Lubricants Market, by Region, 2022-2028 (Kiloton)
10.2 Europe
Figure 36 Europe: Synthetic Lubricants Market Snapshot
10.2.1 Impact of Recession on Europe
10.2.2 Europe Synthetic Lubricants Market, by Type
Table 80 Europe: Synthetic Lubricants Market, by Type, 2017-2021 (USD Million)
Table 81 Europe: Synthetic Lubricants Market, by Type, 2022-2028 (USD Million)
Table 82 Europe: Synthetic Lubricants Market, by Type, 2017-2021 (Kiloton)
Table 83 Europe: Synthetic Lubricants Market, by Type, 2022-2028 (Kiloton)
10.2.3 Europe Synthetic Lubricants Market, by Product Type
Table 84 Europe: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 85 Europe: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 86 Europe: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 87 Europe: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.2.4 Europe Synthetic Lubricants Market, by Country
Table 88 Europe: Synthetic Lubricants Market, by Country, 2017-2021 (USD Million)
Table 89 Europe: Synthetic Lubricants Market, by Country, 2022-2028 (USD Million)
Table 90 Europe: Synthetic Lubricants Market, by Country, 2017-2021 (Kiloton)
Table 91 Europe: Synthetic Lubricants Market, by Country, 2022-2028 (Kiloton)
10.2.4.1 Germany
10.2.4.1.1 High Automotive Production to Drive Market
Table 92 Germany: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 93 Germany: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 94 Germany: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 95 Germany: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.2.4.2 UK
10.2.4.2.1 Increasing Investments in Infrastructure to Drive Market
Table 96 UK: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 97 UK: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 98 UK: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 99 UK: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.2.4.3 France
10.2.4.3.1 Increasing Environmental Regulations to Drive Market
Table 100 France: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 101 France: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 102 France: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 103 France: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.2.4.4 Italy
10.2.4.4.1 Growth of Manufacturing Sector to Drive Market
Table 104 Italy: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 105 Italy: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 106 Italy: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 107 Italy: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.2.4.5 Spain
10.2.4.5.1 Industrial and Automotive Manufacturing Sectors to Drive Market
Table 108 Spain: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 109 Spain: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 110 Spain: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 111 Spain: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.2.4.6 Russia
10.2.4.6.1 Large Oil & Gas Industry to Drive Market
Table 112 Russia: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 113 Russia: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 114 Russia: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 115 Russia: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.3 North America
Figure 37 North America: Synthetic Lubricants Market Snapshot
10.3.1 Impact of Recession on North America
10.3.2 North America Synthetic Lubricants Market, by Type
Table 116 North America: Synthetic Lubricants Market, by Type, 2017-2021 (USD Million)
Table 117 North America: Synthetic Lubricants Market, by Type, 2022-2028 (USD Million)
Table 118 North America: Synthetic Lubricants Market, by Type, 2017-2021 (Kiloton)
Table 119 North America: Synthetic Lubricants Market, by Type, 2022-2028 (Kiloton)
10.3.3 North America Synthetic Lubricants Market, by Product Type
Table 120 North America: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 121 North America: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 122 North America: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 123 North America: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.3.4 North America Synthetic Lubricants Market, by Country
Table 124 North America: Synthetic Lubricants Market, by Country, 2017-2021 (USD Million)
Table 125 North America: Synthetic Lubricants Market, by Country, 2022-2028 (USD Million)
Table 126 North America: Synthetic Lubricants Market, by Country, 2017-2021 (Kiloton)
Table 127 North America: Synthetic Lubricants Market, by Country, 2022-2028 (Kiloton)
10.3.4.1 US
10.3.4.1.1 Automotive and Aviation Sectors to Drive Market
Table 128 US: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 129 US: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 130 US: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 131 US: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.3.4.2 Canada
10.3.4.2.1 Growing Manufacturing and Marine Sectors to Drive Market
Table 132 Canada: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 133 Canada: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 134 Canada: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 135 Canada: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.3.4.3 Mexico
10.3.4.3.1 Rapid Growth of Automotive and Construction Sectors to Drive Market
Table 136 Mexico: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 137 Mexico: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 138 Mexico: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 139 Mexico: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.4 Asia-Pacific
Figure 38 Asia-Pacific: Synthetic Lubricants Market Snapshot
10.4.1 Impact of Recession on Asia-Pacific
10.4.2 Asia-Pacific Synthetic Lubricants Market, by Type
Table 140 Asia-Pacific: Synthetic Lubricants Market, by Type, 2017-2021 (USD Million)
Table 141 Asia-Pacific: Synthetic Lubricants Market, by Type, 2022-2028 (USD Million)
Table 142 Asia-Pacific: Synthetic Lubricants Market, by Type, 2017-2021 (Kiloton)
Table 143 Asia-Pacific: Synthetic Lubricants Market, by Type, 2022-2028 (Kiloton)
10.4.3 Asia-Pacific Synthetic Lubricants Market, by Product Type
Table 144 Asia-Pacific: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 145 Asia-Pacific: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 146 Asia-Pacific: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 147 Asia-Pacific: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.4.4 Asia-Pacific Synthetic Lubricants Market, by Country
Table 148 Asia-Pacific: Synthetic Lubricants Market, by Country, 2017-2021 (USD Million)
Table 149 Asia-Pacific: Synthetic Lubricants Market, by Country, 2022-2028 (USD Million)
Table 150 Asia-Pacific: Synthetic Lubricants Market, by Country, 2017-2021 (Kiloton)
Table 151 Asia-Pacific: Synthetic Lubricants Market, by Country, 2022-2028 (Kiloton)
10.4.4.1 China
10.4.4.1.1 Presence of Major Manufacturing Industries to Drive Market
Table 152 China: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 153 China: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 154 China: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 155 China: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.4.4.2 Japan
10.4.4.2.1 Stringent Environmental Regulations and High Automobile Production to Drive Market
Table 156 Japan: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 157 Japan: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 158 Japan: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 159 Japan: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.4.4.3 India
10.4.4.3.1 Increasing Vehicle Buyers and Rising Foreign Direct Investments to Drive Market
Table 160 India: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 161 India: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 162 India: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 163 India: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.4.4.4 South Korea
10.4.4.4.1 Industrial, Transportation, and Marine Sectors to Drive Market
Table 164 South Korea: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 165 South Korea: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 166 South Korea: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 167 South Korea: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.4.4.5 Indonesia
10.4.4.5.1 Growing Oil & Gas Sector to Drive Market
Table 168 Indonesia: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 169 Indonesia: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 170 Indonesia: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 171 Indonesia: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.4.4.6 Thailand
10.4.4.6.1 Emerging Automotive, Electronics, and Textiles Sectors to Drive Market
Table 172 Thailand: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 173 Thailand: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 174 Thailand: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 175 Thailand: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.4.4.7 Australia and New Zealand
10.4.4.7.1 Well-Established Mining Industry to Drive Market
Table 176 Australia and New Zealand: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 177 Australia and New Zealand: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 178 Australia and New Zealand: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 179 Australia and New Zealand: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.5 Middle East & Africa
10.5.1 Impact of Recession on Middle East & Africa
10.5.2 Middle East & Africa Synthetic Lubricants Market, by Type
Table 180 Middle East & Africa: Synthetic Lubricants Market, by Type, 2017-2021 (USD Million)
Table 181 Middle East & Africa: Synthetic Lubricants Market, by Type, 2022-2028 (USD Million)
Table 182 Middle East & Africa: Synthetic Lubricants Market, by Type, 2017-2021 (Kiloton)
Table 183 Middle East & Africa: Synthetic Lubricants Market, by Type, 2022-2028 (Kiloton)
10.5.3 Middle East & Africa Synthetic Lubricants Market, by Product Type
Table 184 Middle East & Africa: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 185 Middle East & Africa: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 186 Middle East & Africa: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 187 Middle East & Africa: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.5.4 Middle East & Africa Synthetic Lubricants Market, by Country
Table 188 Middle East & Africa: Synthetic Lubricants Market, by Country, 2017-2021 (USD Million)
Table 189 Middle East & Africa: Synthetic Lubricants Market, by Country, 2022-2028 (USD Million)
Table 190 Middle East & Africa: Synthetic Lubricants Market, by Country, 2017-2021 (Kiloton)
Table 191 Middle East & Africa: Synthetic Lubricants Market, by Country, 2022-2028 (Kiloton)
10.5.4.1 GCC
10.5.4.1.1 Significant Investments in Transportation Networks, Utilities, and Real Estate Sector to Drive Market
10.5.4.1.2 Saudi Arabia
10.5.4.1.2.1 Large Oil & Gas Sector to Drive Market
Table 192 Saudi Arabia: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 193 Saudi Arabia: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 194 Saudi Arabia: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 195 Saudi Arabia: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.5.4.2 Iran
10.5.4.2.1 Developing Automotive Industry to Drive Market
Table 196 Iran: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 197 Iran: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 198 Iran: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 199 Iran: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.5.4.3 South Africa
10.5.4.3.1 Need to Significantly Reduce Co2 Emissions and Fuel Consumption to Drive Market
Table 200 South Africa: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 201 South Africa: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 202 South Africa: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 203 South Africa: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.6 South America
10.6.1 Impact of Recession on South America
10.6.2 South America Synthetic Lubricants Market, by Type
Table 204 South America: Synthetic Lubricants Market, by Type, 2017-2021 (USD Million)
Table 205 South America: Synthetic Lubricants Market, by Type, 2022-2028 (USD Million)
Table 206 South America: Synthetic Lubricants Market, by Type, 2017-2021 (Kiloton)
Table 207 South America: Synthetic Lubricants Market, by Type, 2022-2028 (Kiloton)
10.6.3 South America Synthetic Lubricants Market, by Product Type
Table 208 South America: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 209 South America: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 210 South America: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 211 South America: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.6.4 South America Synthetic Lubricants Market, by Country
Table 212 South America: Synthetic Lubricants Market, by Country, 2017-2021 (USD Million)
Table 213 South America: Synthetic Lubricants Market, by Country, 2022-2028 (USD Million)
Table 214 South America: Synthetic Lubricants Market, by Country, 2017-2021 (Kiloton)
Table 215 South America: Synthetic Lubricants Market, by Country, 2022-2028 (Kiloton)
10.6.4.1 Brazil
10.6.4.1.1 Significant Investments in Manufacturing Industry to Drive Market
Table 216 Brazil: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 217 Brazil: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 218 Brazil: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 219 Brazil: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)
10.6.4.2 Argentina
10.6.4.2.1 Developing Mining Industry to Drive Market
Table 220 Argentina: Synthetic Lubricants Market, by Product Type, 2017-2021 (USD Million)
Table 221 Argentina: Synthetic Lubricants Market, by Product Type, 2022-2028 (USD Million)
Table 222 Argentina: Synthetic Lubricants Market, by Product Type, 2017-2021 (Kiloton)
Table 223 Argentina: Synthetic Lubricants Market, by Product Type, 2022-2028 (Kiloton)

11.1 Introduction
11.2 Key Player Strategies/Right to Win
Table 224 Overview of Key Strategies Adopted by Major Companies
11.3 Market Share Analysis
Table 225 Degree of Competition
Figure 39 Shell PLC Led Synthetic Lubricants Market in 2022
11.3.1 Ranking of Key Market Players, 2022
Figure 40 Ranking of Major Players in Synthetic Lubricants Market, 2022
11.4 Revenue Analysis of Major Players
Figure 41 Revenue Analysis of Key Companies in Last 5 Years
11.5 Company Evaluation Matrix: Key Players, 2022
11.5.1 Stars
11.5.2 Emerging Leaders
11.5.3 Pervasive Players
11.5.4 Participants
Figure 42 Company Evaluation Matrix: Key Players, 2022
11.5.5 Company Footprint: Key Players, 2022
11.5.5.1 Company Overall Footprint
Figure 43 Company Overall Footprint (25 Companies)
11.5.5.2 Company Region Footprint
Table 226 Company Region Footprint (25 Companies)
11.5.5.3 Company Type Footprint
Table 227 Company Type Footprint (25 Companies)
11.5.5.4 Company Product Type Footprint
Table 228 Company Product Type Footprint (25 Companies)
11.6 Company Evaluation Matrix: Startups/SMEs, 2022
11.6.1 Progressive Companies
11.6.2 Responsive Companies
11.6.3 Dynamic Companies
11.6.4 Starting Blocks
Figure 44 Startup/SME Evaluation Matrix, 2022
11.6.5 Competitive Benchmarking, 2022
11.6.5.1 Detailed List of Key Startups/SMEs
Table 229 Detailed List of Key Startups/SMEs
11.6.5.2 Competitive Benchmarking of Key Startups/SMEs
Table 230 Competitive Benchmarking of Key Startups/SMEs
11.7 Company Evaluation and Financial Metrics of Key Players
Figure 45 Company Valuation of Key Players
Figure 46 EV/EBITDA of Key Players
11.8 Brand/Product Comparison
11.9 Competitive Scenario and Trends
11.9.1 Product Launches
Table 231 Product Launches (September 2019-January 2024)
11.9.2 Deals
Table 232 Deals (May 2019-January 2024)
11.9.3 Other Developments
Table 233 Expansions, Investments, and Innovations (January 2019-November 2023)

(Business Overview, Products/Solutions/Services Offered, Recent Developments, Product Launches, Deals, Other Developments, Analyst's View, Right to Win, Strategic Choices, Weaknesses and Competitive Threats)*
12.1 Key Players
12.1.1 Shell PLC
Table 234 Shell PLC: Company Overview
Figure 47 Shell PLC: Company Snapshot
Table 235 Shell PLC: Products /Solutions/Services Offered
Table 236 Shell PLC: Product Launches
Table 237 Shell PLC: Deals
Table 238 Shell PLC: Other Developments
12.1.2 Exxon Mobil Corporation
Table 239 Exxon Mobil Corporation: Company Overview
Figure 48 Exxon Mobil Corporation: Company Snapshot
Table 240 Exxon Mobil Corporation: Products/Solutions/Services Offered
Table 241 Exxon Mobil Corporation: Product Launches
Table 242 Exxon Mobil Corporation: Other Developments
12.1.3 Bp P.L.C.
Table 243 Bp P.L.C.: Company Overview
Figure 49 Bp P.L.C.: Company Snapshot
Table 244 Bp P.L.C.: Products/Solutions/Services Offered
Table 245 Bp P.L.C.: Other Developments
12.1.4 Chevron Corporation
Table 246 Chevron Corporation: Company Overview
Figure 50 Chevron Corporation: Company Snapshot
Table 247 Chevron Corporation: Products/Solutions/Services Offered
Table 248 Chevron Corporation: Product Launches
Table 249 Chevron Corporation: Deals
Table 250 Chevron Corporation: Other Developments
12.1.5 Totalenergies SE
Table 251 Totalenergies SE: Company Overview
Figure 51 Totalenergies SE: Company Snapshot
Table 252 Totalenergies SE: Products/Solutions/Services Offered
Table 253 Totalenergies SE: Deals
Table 254 Totalenergies SE: Other Developments
12.1.6 Fuchs
Table 255 Fuchs: Company Overview
Figure 52 Fuchs: Company Snapshot
Table 256 Fuchs: Products/Solutions/Services Offered
Table 257 Fuchs: Product Launches
Table 258 Fuchs: Deals
12.1.7 Idemitsu Kosan Co. Ltd.
Table 259 Idemitsu Kosan Co. Ltd.: Company Overview
Figure 53 Idemitsu Kosan Co. Ltd.: Company Snapshot
Table 260 Idemitsu Kosan Co. Ltd.: Products/Solutions/Services Offered
Table 261 Idemitsu Kosan Co. Ltd.: Product Launches
Table 262 Idemitsu Kosan Co. Ltd.: Deals
Table 263 Idemitsu Kosan Co. Ltd.: Other Developments
12.1.8 China Petroleum & Chemical Corporation
Table 264 China Petroleum & Chemical Corporation: Company Overview
Figure 54 China Petroleum & Chemical Corporation: Company Snapshot
Table 265 China Petroleum & Chemical Corporation: Products/Solutions/ Services Offered
Table 266 China Petroleum & Chemical Corporation: Deals
Table 267 China Petroleum & Chemical Corporation: Other Developments
12.1.9 Lukoil
Table 268 Lukoil: Company Overview
Figure 55 Lukoil: Company Snapshot
Table 269 Lukoil: Products/Solutions/Services Offered
Table 270 Lukoil: Product Launches
Table 271 Lukoil: Deals
Table 272 Lukoil: Other Developments
12.1.10 Petroliam Nasional Berhad (Petronas)
Table 273 Petroliam Nasional Berhad (Petronas): Company Overview
Figure 56 Petroliam Nasional Berhad (Petronas): Company Snapshot
Table 274 Petroliam Nasional Berhad (Petronas): Products/Solutions/ Services Offered
Table 275 Petroliam Nasional Berhad (Petronas): Deals
Table 276 Petroliam Nasional Berhad (Petronas): Other Developments
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Product Launches, Deals, Other Developments, Analyst's View, Right to Win, Strategic Choices, Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies
12.2 Startups/SMEs
12.2.1 Indian Oil Corporation Ltd.
Table 277 Indian Oil Corporation Ltd.: Company Overview
12.2.2 Eneos Holdings, Inc.
Table 278 Eneos Holdings, Inc.: Company Overview
12.2.3 Gulf Oil International Ltd.
Table 279 Gulf Oil International Ltd.: Company Overview
12.2.4 Enoc Company
Table 280 Enoc Company: Company Overview
12.2.5 Eni S.P.A.
Table 281 Eni S.P.A.: Company Overview
12.2.6 Sk Inc.
Table 282 Sk Inc.: Company Overview
12.2.7 Cepsa
Table 283 Cepsa: Company Overview
12.2.8 Gazpromneft-Sm LLC
Table 284 Gazpromneft-Sm LLC: Company Overview
12.2.9 Addinol Lube Oil GmbH
Table 285 Addinol Lube Oil GmbH: Company Overview
12.2.10 Bel-Ray Company LLC
Table 286 Bel-Ray Company LLC: Company Overview
12.2.11 Morris Lubricants
Table 287 Morris Lubricants: Company Overview
12.2.12 Penrite Oil Company
Table 288 Penrite Oil Company: Company Overview
12.2.13 Liqui Moly GmbH
Table 289 Liqui Moly GmbH: Company Overview
12.2.14 Dyade Lubricants
Table 290 Dyade Lubricants: Company Overview
12.2.15 Klüber Lubrication
Table 291 Klüber Lubrication: Company Overview

13.1 Introduction
13.2 Limitations
13.3 Marine Lubricants Market
13.3.1 Market Definition
13.3.2 Market Overview
13.4 Marine Lubricants Market, by Region
Table 292 Marine Lubricants Market, by Region, 2017-2022 (USD Million)
Table 293 Marine Lubricants Market, by Region, 2023-2028 (USD Million)
Table 294 Marine Lubricants Market, by Region, 2017-2022 (Kiloton)
Table 295 Marine Lubricants Market, by Region, 2023-2028 (Kiloton)
13.4.1 North America
Table 296 North America: Marine Lubricants Market, by Country, 2017-2022 (USD Million)
Table 297 North America: Marine Lubricants Market, by Country, 2023-2028 (USD Million)
Table 298 North America: Marine Lubricants Market, by Country, 2017-2022 (Kiloton)
Table 299 North America: Marine Lubricants Market, by Country, 2023-2028 (Kiloton)
13.4.2 Asia-Pacific
Table 300 Asia-Pacific: Marine Lubricants Market, by Country, 2017-2022 (USD Million)
Table 301 Asia-Pacific: Marine Lubricants Market, by Country, 2023-2028 (USD Million)
Table 302 Asia-Pacific: Marine Lubricants Market, by Country, 2017-2022 (Kiloton)
Table 303 Asia-Pacific: Marine Lubricants Market, by Country, 2023-2028 (Kiloton)
13.4.3 Europe
Table 304 Europe: Marine Lubricants Market, by Country, 2017-2022 (USD Million)
Table 305 Europe: Marine Lubricants Market, by Country, 2023-2028 (USD Million)
Table 306 Europe: Marine Lubricants Market, by Country, 2017-2022 (Kiloton)
Table 307 Europe: Marine Lubricants Market, by Country, 2023-2028 (Kiloton)
13.4.4 South America
Table 308 South America: Marine Lubricants Market, by Country, 2017-2022 (USD Million)
Table 309 South America: Marine Lubricants Market, by Country, 2023-2028 (USD Million)
Table 310 South America: Marine Lubricants Market, by Country, 2017-2022 (Kiloton)
Table 311 South America: Marine Lubricants Market, by Country, 2023-2028 (Kiloton)
13.4.5 Middle East & Africa
Table 312 Middle East & Africa: Marine Lubricants Market, by Country, 2017-2022 (USD Million)
Table 313 Middle East & Africa: Marine Lubricants Market, by Country, 2023-2028 (USD Million)
Table 314 Middle East & Africa: Marine Lubricants Market, by Country, 2017-2022 (Kiloton)
Table 315 Middle East & Africa: Marine Lubricants Market, by Country, 2023-2028 (Kiloton)

14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options