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Synthetic Lubricants Market Size, Share & Trends Analysis Report By Product (Esters, PAO, PAG), By Application (Engine Oil, HTFs, Transmission Fluids, Metalworking Fluids), By Region, And Segment Forecasts, 2023 - 2030

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  • 80 Pages
  • December 2022
  • Region: Global
  • Grand View Research
  • ID: 4827923
Description Jump to:
The global synthetic lubricants market size is expected to reach USD 23.4 billion by 2030., expanding at a CAGR of 3.7% from 2023 to 2030. The market is majorly driven by the growing automotive industry around the globe. High viscosity index of synthetic lubricants as compared to their mineral counterparts reduces friction and prevents wear and tear, which takes place in automotive engine components such as pistons, shafts, and connecting rods. In addition, PAO-based synthetic lubricants have the ability to perform across a wide temperature range.

The growing natural gas production in GCC is also driving the demand for synthetic lubricants in the market. This is due to the fact that refineries use liquid phase HTFs for heating reboilers and columns for distillation of oil and oil-based products. Additionally, the companies which reprocess and recycle used lubricating oils utilize HTFs at high temperatures along with high vacuum distillation operations. Booster stations located in between refining and distribution channels use HTFs for maintaining viscosity of petroleum products that travel long distances. All these factors are propelling the demand.

The high cost of synthetic lubricants compared to their mineral counterparts is expected to have a negative impact on the market over the forecasted period. Rising concerns over reducing maintenance costs in the manufacturing sector are expected to trim down the scope of synthetic lubricants, where central lubrication or a huge quantity of oil is required. Therefore, high cost is expected to remain a key restraining factor for the growth of the market.

The emergence of bio-lubricants is also acting as a restraining factor in the growth of the market. Bio-lubricants have huge demand due to their superior properties, including biodegradability, low maintenance, storage and disposal, reduced emissions, better safety, and constant viscosity with higher flash points and viscosity index as compared to synthetic lubricants. The favorable regulatory scenario and higher consumer awareness in North America and Europe are further boosting the bio-based lubricants, and thus restraining the growth of the market.

Synthetic Lubricants Market Report Highlights

  • The market growth can be attributed to increasing application of synthetic lubricants in the automotive sector in the form of gearbox lubes, engine oils, and transmission oils in passenger and commercial vehicles due to their superior performance over their mineral counterparts
  • Asia Pacific dominated the global market in 2022 with a revenue share of over 40.0%. This is owing to growing automobile industry and refinery business in the region. Countries such as India, China, and Singapore have capitalized on low crude oil prices. This has resulted in the increased production of petrochemicals in Asia Pacific, thus improving the product demand in the region
  • Polyalphaolefins (PAOs) dominated the market with a revenue share of over 50.0% in 2022. This growth is attributed to the increased use of PAO in automotive engines coupled with OEM recommendations in brand cars such as Volkswagen and BMW
  • Several functional benefits associated with PAO-based synthetic lubricants such as anti-wear and varnish control properties have fueled their usage in various industrial applications. Furthermore, high viscosity index of PAO has accelerated its usage in machinery with extreme temperature environments
  • The engine oil application segment dominated the global market with a revenue share of over 35.0% in 2022. This is attributed to the growing automotive vehicle sales, especially in the emerging economies of China and India. This is expected to augment demand for engines, in turn, driving the demand for synthetic lubricants in engine oil application
  • In January 2020, FUCHS Group, a German lubricants company, announced the completion of the acquisition of Nye Lubricants Inc., a U.S.-based specialty synthetic lubricant manufacturer. This acquisition helped FUCHS Group to expand and strengthen its position in the specialty lubricants product portfolio

Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.3.1 Information Analysis
1.3.2 Market Formulation & Data Visualization
1.3.3 Data Validation & Publishing
1.4 Research Scope And Assumptions
1.4.1 List To Data Sources
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segmental Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Global Synthetic Lubricants Market Outlook
3.2 Penetration & Growth Prospect Mapping, 2018 - 2030
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trend Analysis
3.3.2 Manufacturing Trend Analysis
3.3.3 Sales Channel Analysis
3.4 Regulatory Framework
3.5 Price Trend Analysis, 2018 - 2030
3.5.1 Factors Influencing Prices
3.6 Impact of COVID - 19 Pandemic
3.7 Impact of European Geopolitical Conflict
3.8 Market Dynamics
3.8.1 Market Driver Analysis
3.8.2 Market Restraint Analysis
3.8.3 Market Opportunity Analysis
3.8.4 Industry Challenges Analysis
Chapter 4 Synthetic Lubricants Market: Suppliers Portfolio Analysis
4.1 List of Raw Material Suppliers
4.2 Portfolio Analysis/Kraljic Matrix
4.3 Engagement Model
4.4 Negotiation Strategies
4.5 Sourcing Best Practices
Chapter 5 Synthetic Lubricants Market: Product Estimates & Trend Analysis
5.1 Product Movement Analysis & Market Share, 2022 & 2030 (Kilotons) (USD Billion)
5.2 Synthetic Lubricants Market Size & Forecasts and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Billion)
5.2.1 Global Synthetic Lubricants Market Estimates & Forecasts By PAO, 2018 - 2030 (Kilotons) (USD Billion)
5.2.3 Global Synthetic Lubricants Market Estimates & Forecasts By Esters, 2018 - 2030 (Kilotons) (USD Billion)
5.2.4 Global Synthetic Lubricants Market Estimates & Forecasts By PAG, 2018 - 2030 (Kilotons) (USD Billion)
Chapter 6 Synthetic Lubricants Market: Application Estimates & Trend Analysis
6.1 Application Movement Analysis & Market Share, 2022 & 2030 (Kilotons) (USD Billion)
6.2 Synthetic Lubricants Market Size & Forecasts and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Billion)
6.2.1 Global Synthetic Lubricants Market Estimates & Forecasts By Engine Oil, 2018 - 2030 (Kilotons) (USD Billion)
6.2.2 Global Synthetic Lubricants Market Estimates & Forecasts ByHeat Transfer Fluids (HTF), 2018 - 2030 (Kilotons) (USD Billion)
6.2.3 Global Synthetic Lubricants Market Estimates & Forecasts ByTransmission Fluids, 2018 - 2030 (Kilotons) (USD Billion)
6.2.4 Global Synthetic Lubricants Market Estimates & Forecasts ByMetalworking Fluids, 2018 - 2030 (Kilotons) (USD Billion)
6.2.5 Global Synthetic Lubricants Market Estimates & Forecasts ByOthers, 2018 - 2030 (Kilotons) (USD Billion)
Chapter 7 Synthetic Lubricants Market: Regional Estimates & Trend Analysis
7.1 Synthetic Lubricants Regional Movement Analysis & Market Share, 2022 & 2030 (Kilotons) (USD Billion)
7.2 Synthetic Lubricants Market Size & Forecasts and Trend Analysis, By Region, 2018 - 2030 (Kilotons) (USD Billion)
7.2.1 North America
7.2.1.1 North America Synthetic Lubricants Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
7.2.1.2 North America Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.1.3 North America Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.1.4 U.S.
7.2.1.4.2 U.S. Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.1.4.2 U.S. Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.1.5 Canada
7.2.1.5.1 Canada Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.1.5.2 Canada Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.1.6 Mexico
7.2.1.6.1 Mexico Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.1.6.2 Mexico Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2 Europe
7.2.2.1 Europe Synthetic Lubricants Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.2 Europe Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.3 Europe Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.4 U.K.
7.2.2.4.1 U.K. Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.4.2 U.K. Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.5 France
7.2.2.5.1 France Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.5.2 France Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.6 Netherlands
7.2.2.6.1 Netherlands Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.6.2 Netherlands Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.7 Norway
7.2.2.7.1 Norway Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.7.2 Norway Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.8 Turkey
7.2.2.8.1 Turkey Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.8.2 Turkey Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.9 Germany
7.2.2.9.1 Germany Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.2.9.2 Germany Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.3 Asia Pacific
7.2.3.1 Asia Pacific Synthetic Lubricants Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
7.2.3.2 Asia Pacific Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.3.3 Asia Pacific Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.3.4 India
7.2.3.4.1 India Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.3.4.2 India Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.3.5 China
7.2.3.5.1 China Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.3.5.2 China Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.3.6 Japan
7.2.3.6.1 Japan Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.3.6.2 Japan Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.4 Latin America
7.2.4.1 Latin America Synthetic Lubricants Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
7.2.4.2 Latin America Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.4.3 Latin America Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.4.4 Brazil
7.2.4.4.1 Brazil Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.4.4.2 Brazil Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.4.5 Argentina
7.2.4.5.1 Argentina Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.4.5.2 Argentina Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.5 Middle East & Africa
7.2.5.1 Middle East & Africa Synthetic Lubricants Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
7.2.5.2 Middle East & Africa Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.5.3 Middle East & Africa Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
7.2.5.4 UAE
7.2.5.4.1 UAE Synthetic Lubricants Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Billion)
7.2.5.4.2 UAE Synthetic Lubricants Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Billion)
Chapter 8 Synthetic Lubricants Market - Competitive Analysis
8.1 Recent Development & Impact Analysis, By Key Market Participants
8.2 Company/Competition Categorization (Key innovators, Market leaders, Emerging Players)
8.3 Vendor Landscape
8.3.1 List of Distributors And Channel Partners
8.3.2 List of Potential End - Users
8.4 Key Company Market Positioning Analysis, 2022
8.5 Major Deals & Strategic Alliances Analysis
Chapter 9 Company Profiles
9.1 BP Lubricants Pvt. Ltd.
9.1.1 Company Overview
9.1.2 Financial Performance
9.1.3 Product Benchmarking
9.1.4 Strategic Initiatives
9.2 Chevron Corporation
9.2.1 Company Overview
9.2.2 Financial Performance
9.2.3 Product Benchmarking
9.2.4 Strategic Initiatives
9.3 LANXESS
9.3.1 Company Overview
9.3.2 Financial Performance
9.3.3 Product Benchmarking
9.3.4 Strategic Initiatives
9.4 Valvoline
9.4.1 Company Overview
9.4.2 Financial Performance
9.4.3 Product Benchmarking
9.4.4 Strategic Initiatives
9.5 FUCHS
9.5.1 Company Overview
9.5.2 Financial Performance
9.5.3 Product Benchmarking
9.5.4 Strategic Initiatives
9.6 Pennzoil
9.6.1 Company Overview
9.6.2 Financial Performance
9.6.3 Product Benchmarking
9.6.4 Strategic Initiatives
9.7 Phillips 66 Company
9.7.1 Company Overview
9.7.2 Financial Performance
9.7.3 Product Benchmarking
9.7.4 Strategic Initiatives
9.8 Motul
9.8.1 Company Overview
9.8.2 Financial Performance
9.8.3 Product Benchmarking
9.8.4 Strategic Initiatives
9.9 AMSOIL INC.
9.9.1 Company Overview
9.9.2 Financial Performance
9.9.3 Product Benchmarking
9.9.4 Strategic Initiatives
9.10 Agip
9.10.1 Company Overview
9.10.2 Financial Performance
9.10.3 Product Benchmarking
9.10.4 Strategic Initiatives
List of Tables
Table 1 Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 2 Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 3 Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 4 Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 5 Global Synthetic Lubricants Market Volume Estimates & Forecasts, By Region, 2018 - 2030 (Kilotons)
Table 6 Global Synthetic Lubricants Market Revenue Estimates & Forecasts, By Region, 2018 - 2030 (USD Billion)
Table 7 North America Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 8 North America Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 9 North America Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 10 North America Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 11 U.S. Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 12 U.S. Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 13 U.S. Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 14 U.S. Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 15 Canada Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 16 Canada Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 17 Canada Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 18 Canada Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 19 Mexico Synthetic Lubricants Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 20 Mexico Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 21 Mexico Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 22 Mexico Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 23 Europe Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 24 Europe Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 25 Europe Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 26 Europe Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 27 U.K. Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 28 U.K. Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 29 U.K. Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 30 U.K. Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 31 Germany Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 32 Germany Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 33 Germany Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 34 Germany Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 35 France Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 36 France Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 37 France Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 38 France Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 39 Norway Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 40 Norway Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 41 Norway Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 42 Norway Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 43 Turkey Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 44 Turkey Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 45 Turkey Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 46 Turkey Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 47 Netherlands Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 48 Netherlands Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 49 Netherlands Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 50 Netherlands Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 51 Asia Pacific Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 52 Asia Pacific Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 53 Asia Pacific Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 54 Asia Pacific Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application N, 2018 - 2030 (USD Billion)
Table 55 China Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 56 China Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 57 China Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 58 China Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 59 India Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 60 India Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 61 India Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 62 India Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 63 Japan Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 64 Japan Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 65 Japan Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 66 Japan Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 67 Latin America Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 68 Latin America Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 69 Latin America Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 70 Latin America Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 71 Brazil Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 72 Brazil Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 73 Brazil Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 74 Brazil Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 75 Argentina Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 76 Argentina Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 77 Argentina Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 78 Argentina Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 79 Middle East & Africa Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 80 Middle East & Africa Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 81 Middle East & Africa Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 82 Middle East & Africa Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 83 UAE Synthetic Lubricants Market Volume Estimates & Forecasts, Product, 2018 - 2030 (Kilotons)
Table 84 UAE Synthetic Lubricants Market Revenue Estimates & Forecasts, Product, 2018 - 2030 (USD Billion)
Table 85 UAE Synthetic Lubricants Market Volume Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 86 UAE Synthetic Lubricants Market Revenue Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 87 Vendor Landscape
List of Figures
FIG. 1 Synthetic Lubricants Market Segmentation & Scope
Fig. 2 Information Procurement
Fig. 3 Primary Research Pattern
Fig. 4 Primary Research Process
Fig. 5 Primary Research Approaches
Fig. 6 Synthetic Lubricants Market Snapshot
Fig. 7 Synthetic Lubricants Market Revenue 2022 (USD Billion)
Fig. 8 Synthetic Lubricants Market, 2018 - 2030 (Kilotons) (USD Billion)
Fig. 9 Synthetic Lubricants Market: Value Chain Analysis
Fig. 10 Market Dynamics
Fig. 11 Porter’s Analysis
Fig. 12 Pestel Analysis
Fig. 13 Synthetic Lubricants Market Volume Share, By Product, 2022 & 2030 (Kilotons)
Fig. 14 Synthetic Lubricants Market Volume Share, By Application, 2022 & 2030 (Kilotons)
Fig. 15 Synthetic Lubricants Volume Market, By Region, 2022 & 2030 (Kilotons)
Fig. 16 Strategy Framework

Companies Mentioned

  • BP Lubricants Pvt. Ltd.
  • Chevron Corporation
  • LANXESS
  • Valvoline
  • FUCHS
  • Pennzoil
  • Phillips 66 Company
  • Motul
  • AMSOIL INC.
  • Agip

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedDecember 2022
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 18.1 Billion
Forecasted Market Value ( USD ) by 2030 $ 23.4 Billion
Compound Annual Growth Rate3.7%
Regions CoveredGlobal
No. of Companies Mentioned10

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