This Aviation Lubricants market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The aviation lubricants market size has grown strongly in recent years. It will grow from $1.89 billion in 2024 to $2.03 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to regulatory changes, environmental concerns, increase in number of aircraft and air passengers, increase in defense expenditure, rise in investment for research and development activity.
The aviation lubricants market size is expected to see strong growth in the next few years. It will grow to $2.72 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to growing demand for new commercial aircraft, rise in government initiatives, aging aircraft fleets, increasing disposable income, demand for fuel-efficient aircraft. Major trends in the forecast period include utilizing iot (internet of things) sensors to monitor lubricants, enhanced additives, synthetic lubricants, bio-based lubricants, engine efficiency focus.
The growth of the aviation lubricants market is anticipated to be propelled by the increasing air passenger traffic. As air transportation remains a crucial mode of travel and service, changes in the aircraft industry are accompanied by a surge in air traffic. This growth results in heightened demand for new aircraft and maintenance of existing fleets. The consequent rise in air passenger traffic leads to increased aircraft supply in regions experiencing growth. Since aircraft have a finite service life, the demand for aviation lubricants becomes essential, providing crucial functions such as additional engine cooling, cleanliness, and corrosion prevention. This helps keep engines clean and pistons running smoothly, ultimately extending the life of the aircraft. For example, in May 2022, the International Air Transport Association (IATA) reported a 76% increase in total air traffic in March 2022 compared to March 2021, with significant growth in air passenger markets in Europe, Asia-Pacific, and North America, accounting for 85% of overall air passenger traffic. Consequently, the rise in air passenger traffic is expected to drive the demand for aviation lubricants during the forecast period.
The growth of the aviation lubricants market is further fueled by the increase in the number of airline passengers. With individuals utilizing commercial airline services for air travel, aviation lubricants play a crucial role in ensuring the safe and efficient operation of aircraft, contributing to a positive travel experience for passengers. In March 2023, the Bureau of Transportation Statistics reported that U.S. airlines carried 853 million passengers in 2022, marking an increase from 658 million passengers in 2021. This surge in the number of airline passengers is a significant driver behind the growth of the aviation lubricants market.
The emergence of eco-friendly and safe aviation fuel and lubricants is a significant trend gaining traction in the aviation lubricants market. In response to heightened environmental concerns, there is an increasing demand for eco-friendly and safe aviation lubricants. Sustainable aviation fuel is recognized as a vital component in achieving these goals. Numerous companies in the aviation lubricants sector are developing environmentally friendly lubricants that are safe for nature to deliver superior products to their clients. The objective of the partnership is to improve the performance and sustainability of Air Europa's fleet by supplying high-quality AeroShell aviation lubricants, which promote operational efficiencies and aid in reducing carbon emissions in line with the sustainability goals of both companies.
Leading companies in the aviation lubricants market are strategically developing innovative products to maintain a competitive edge, as demonstrated by the introduction of AVGAS 100 LL. This specialized aviation lubricant is utilized by flying training organizations (FTOs) and defense forces for training pilots. In September 2023, Indian Oil Corporation Limited, an Indian-based oil and gas company, launched AVGAS 100 LL, which received certification from the Directorate General of Civil Aviation (DGCA), an Indian statutory body. AVGAS 100 LL serves as a special aviation fuel designed for use in turbo-charged reciprocating piston engine aircraft. It boasts a higher-octane aviation fuel meeting stringent product specifications and superior performance quality standards.
In a strategic move in May 2023, AMSOIL Inc., a prominent US-based company in the fuel industry, acquired Benz Oil Inc. for an undisclosed amount. This acquisition is aimed at expanding AMSOIL Inc.'s expertise in manufacturing and supplying industrial and metalworking fluids while diversifying its product portfolio. Benz Oil Inc., the acquired company, is a US-based manufacturer specializing in lubricants and metalworking fluids for aviation. This strategic acquisition aligns with the industry's focus on growth, diversification, and enhancing capabilities in meeting the evolving needs of the aviation lubricants market.
Major companies operating in the aviation lubricants market include Aerospace Lubricants Inc., Eastman Chemical Company, Exxon Mobil Corporation, The Chemours Company, Lanxess AG, Royal Dutch Shell plc, NYCO Tournai Plant, Langepas Uray and Kogalym oil Inc., Nye Lubricants Inc., Ragosine Oil Company, JET-LUBE Ltd., TotalEnergies SE, BP p.l.c., Phillips Petroleum Company, Tecsia Lubricants Pte Ltd., AeroShell, Castrol Ltd., Chevron Corporation, ConocoPhillips Company, Fuchs Petrolub SE, Gulf Oil Marine Ltd., Houghton International Inc., Lubrizol Corporation, Morris Lubricants Ltd., Petro-Canada Lubricants Inc., Quaker Chemical Corporation, China Petroleum & Chemical Corporation (Sinopec), Valvoline Inc., Whitmore Manufacturing LLC, Calumet Branded Products LLC.
Aviation lubricants encompass advanced fluids designed to lubricate various components of an aircraft while providing additional functionalities such as engine cooling, cleanliness, and anti-corrosion properties. The primary objective of these lubricants is to minimize friction between moving parts, thereby contributing to enhanced performance and energy efficiency in aircraft operations.
Key types of aviation lubricants include engine oil, grease, special lubricants and additives, and hydraulic fluid. Engine oil plays a pivotal role in facilitating the smooth and efficient movement of aircraft engine parts, reducing friction, and serving multiple functions such as lubrication, cooling, cleaning, and corrosion protection. Aviation lubricants leverage both synthetic and mineral-based technologies in their manufacturing processes, finding application in the lubrication of hydraulic systems, engines, landing gear, airframes, and various aircraft components. The diverse end-users of aviation lubricants encompass business jets and turboprop planes, large commercial jets, piston engine aircraft, defense aircraft, helicopters, and other aviation platforms. These lubricants play a crucial role in maintaining and safeguarding aircraft engines against wear, sludge, and corrosion, contributing to overall operational reliability and longevity.
The aviation lubricants market research report is one of a series of new reports that provides aviation lubricants market statistics, including aviation lubricants industry global market size, regional shares, competitors with an aviation lubricants market share, detailed aviation lubricants market segments, market trends and opportunities, and any further data you may need to thrive in the aviation lubricants industry. This aviation lubricants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
North America was the largest region in the aviation lubricants market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aviation lubricants market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the aviation lubricants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The aviation lubricants market consists of sales of piston oil and specialty turbine oil. 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.
This product will be delivered within 3-5 business days.
The aviation lubricants market size has grown strongly in recent years. It will grow from $1.89 billion in 2024 to $2.03 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to regulatory changes, environmental concerns, increase in number of aircraft and air passengers, increase in defense expenditure, rise in investment for research and development activity.
The aviation lubricants market size is expected to see strong growth in the next few years. It will grow to $2.72 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to growing demand for new commercial aircraft, rise in government initiatives, aging aircraft fleets, increasing disposable income, demand for fuel-efficient aircraft. Major trends in the forecast period include utilizing iot (internet of things) sensors to monitor lubricants, enhanced additives, synthetic lubricants, bio-based lubricants, engine efficiency focus.
The growth of the aviation lubricants market is anticipated to be propelled by the increasing air passenger traffic. As air transportation remains a crucial mode of travel and service, changes in the aircraft industry are accompanied by a surge in air traffic. This growth results in heightened demand for new aircraft and maintenance of existing fleets. The consequent rise in air passenger traffic leads to increased aircraft supply in regions experiencing growth. Since aircraft have a finite service life, the demand for aviation lubricants becomes essential, providing crucial functions such as additional engine cooling, cleanliness, and corrosion prevention. This helps keep engines clean and pistons running smoothly, ultimately extending the life of the aircraft. For example, in May 2022, the International Air Transport Association (IATA) reported a 76% increase in total air traffic in March 2022 compared to March 2021, with significant growth in air passenger markets in Europe, Asia-Pacific, and North America, accounting for 85% of overall air passenger traffic. Consequently, the rise in air passenger traffic is expected to drive the demand for aviation lubricants during the forecast period.
The growth of the aviation lubricants market is further fueled by the increase in the number of airline passengers. With individuals utilizing commercial airline services for air travel, aviation lubricants play a crucial role in ensuring the safe and efficient operation of aircraft, contributing to a positive travel experience for passengers. In March 2023, the Bureau of Transportation Statistics reported that U.S. airlines carried 853 million passengers in 2022, marking an increase from 658 million passengers in 2021. This surge in the number of airline passengers is a significant driver behind the growth of the aviation lubricants market.
The emergence of eco-friendly and safe aviation fuel and lubricants is a significant trend gaining traction in the aviation lubricants market. In response to heightened environmental concerns, there is an increasing demand for eco-friendly and safe aviation lubricants. Sustainable aviation fuel is recognized as a vital component in achieving these goals. Numerous companies in the aviation lubricants sector are developing environmentally friendly lubricants that are safe for nature to deliver superior products to their clients. The objective of the partnership is to improve the performance and sustainability of Air Europa's fleet by supplying high-quality AeroShell aviation lubricants, which promote operational efficiencies and aid in reducing carbon emissions in line with the sustainability goals of both companies.
Leading companies in the aviation lubricants market are strategically developing innovative products to maintain a competitive edge, as demonstrated by the introduction of AVGAS 100 LL. This specialized aviation lubricant is utilized by flying training organizations (FTOs) and defense forces for training pilots. In September 2023, Indian Oil Corporation Limited, an Indian-based oil and gas company, launched AVGAS 100 LL, which received certification from the Directorate General of Civil Aviation (DGCA), an Indian statutory body. AVGAS 100 LL serves as a special aviation fuel designed for use in turbo-charged reciprocating piston engine aircraft. It boasts a higher-octane aviation fuel meeting stringent product specifications and superior performance quality standards.
In a strategic move in May 2023, AMSOIL Inc., a prominent US-based company in the fuel industry, acquired Benz Oil Inc. for an undisclosed amount. This acquisition is aimed at expanding AMSOIL Inc.'s expertise in manufacturing and supplying industrial and metalworking fluids while diversifying its product portfolio. Benz Oil Inc., the acquired company, is a US-based manufacturer specializing in lubricants and metalworking fluids for aviation. This strategic acquisition aligns with the industry's focus on growth, diversification, and enhancing capabilities in meeting the evolving needs of the aviation lubricants market.
Major companies operating in the aviation lubricants market include Aerospace Lubricants Inc., Eastman Chemical Company, Exxon Mobil Corporation, The Chemours Company, Lanxess AG, Royal Dutch Shell plc, NYCO Tournai Plant, Langepas Uray and Kogalym oil Inc., Nye Lubricants Inc., Ragosine Oil Company, JET-LUBE Ltd., TotalEnergies SE, BP p.l.c., Phillips Petroleum Company, Tecsia Lubricants Pte Ltd., AeroShell, Castrol Ltd., Chevron Corporation, ConocoPhillips Company, Fuchs Petrolub SE, Gulf Oil Marine Ltd., Houghton International Inc., Lubrizol Corporation, Morris Lubricants Ltd., Petro-Canada Lubricants Inc., Quaker Chemical Corporation, China Petroleum & Chemical Corporation (Sinopec), Valvoline Inc., Whitmore Manufacturing LLC, Calumet Branded Products LLC.
Aviation lubricants encompass advanced fluids designed to lubricate various components of an aircraft while providing additional functionalities such as engine cooling, cleanliness, and anti-corrosion properties. The primary objective of these lubricants is to minimize friction between moving parts, thereby contributing to enhanced performance and energy efficiency in aircraft operations.
Key types of aviation lubricants include engine oil, grease, special lubricants and additives, and hydraulic fluid. Engine oil plays a pivotal role in facilitating the smooth and efficient movement of aircraft engine parts, reducing friction, and serving multiple functions such as lubrication, cooling, cleaning, and corrosion protection. Aviation lubricants leverage both synthetic and mineral-based technologies in their manufacturing processes, finding application in the lubrication of hydraulic systems, engines, landing gear, airframes, and various aircraft components. The diverse end-users of aviation lubricants encompass business jets and turboprop planes, large commercial jets, piston engine aircraft, defense aircraft, helicopters, and other aviation platforms. These lubricants play a crucial role in maintaining and safeguarding aircraft engines against wear, sludge, and corrosion, contributing to overall operational reliability and longevity.
The aviation lubricants market research report is one of a series of new reports that provides aviation lubricants market statistics, including aviation lubricants industry global market size, regional shares, competitors with an aviation lubricants market share, detailed aviation lubricants market segments, market trends and opportunities, and any further data you may need to thrive in the aviation lubricants industry. This aviation lubricants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
North America was the largest region in the aviation lubricants market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aviation lubricants market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the aviation lubricants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The aviation lubricants market consists of sales of piston oil and specialty turbine oil. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Aviation Lubricants Market Characteristics3. Aviation Lubricants Market Trends and Strategies4. Aviation Lubricants Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Aviation Lubricants Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Aviation Lubricants Market34. Recent Developments in the Aviation Lubricants Market
5. Global Aviation Lubricants Growth Analysis and Strategic Analysis Framework
6. Aviation Lubricants Market Segmentation
7. Aviation Lubricants Market Regional and Country Analysis
8. Asia-Pacific Aviation Lubricants Market
9. China Aviation Lubricants Market
10. India Aviation Lubricants Market
11. Japan Aviation Lubricants Market
12. Australia Aviation Lubricants Market
13. Indonesia Aviation Lubricants Market
14. South Korea Aviation Lubricants Market
15. Western Europe Aviation Lubricants Market
16. UK Aviation Lubricants Market
17. Germany Aviation Lubricants Market
18. France Aviation Lubricants Market
19. Italy Aviation Lubricants Market
20. Spain Aviation Lubricants Market
21. Eastern Europe Aviation Lubricants Market
22. Russia Aviation Lubricants Market
23. North America Aviation Lubricants Market
24. USA Aviation Lubricants Market
25. Canada Aviation Lubricants Market
26. South America Aviation Lubricants Market
27. Brazil Aviation Lubricants Market
28. Middle East Aviation Lubricants Market
29. Africa Aviation Lubricants Market
30. Aviation Lubricants Market Competitive Landscape and Company Profiles
31. Aviation Lubricants Market Other Major and Innovative Companies
35. Aviation Lubricants Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Aviation Lubricants Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on aviation lubricants market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for aviation lubricants? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aviation lubricants market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Engine Oil; Grease; Special Lubricants And Additives; Hydraulic Fluid2) By Aircrafts: Business Jets and Turboprop Planes; Large Commercial Jets; Piston Engine Aircraft; Defense Aircraft; Helicopters; Other Aircrafts
3) By Technology: Synthetic; Mineral Based
4) By Application: Hydraulic Systems; Engine
Subsegments:
1) By Engine Oil: Turbine Engine Oil; Piston Engine Oil; Synthetic Engine Oil2) By Grease: Airframe Grease; General-Purpose Grease; High-Temperature Grease
3) By Special Lubricants and Additives: Anti-Wear Additives; Extreme Pressure Additives; Corrosion Inhibitors
4) By Hydraulic Fluid: Mineral-Based Hydraulic Fluid; Water-Based Hydraulic Fluid; Synthetic Hydraulic Fluid
Key Companies Mentioned: Aerospace Lubricants Inc.; Eastman Chemical Company; Exxon Mobil Corporation; The Chemours Company; Lanxess AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Aviation Lubricants market report include:- Aerospace Lubricants Inc.
- Eastman Chemical Company
- Exxon Mobil Corporation
- The Chemours Company
- Lanxess AG
- Royal Dutch Shell plc
- NYCO Tournai Plant
- Langepas Uray and Kogalym oil Inc.
- Nye Lubricants Inc.
- Ragosine Oil Company
- JET-LUBE Ltd.
- TotalEnergies SE
- BP p.l.c.
- Phillips Petroleum Company
- Tecsia Lubricants Pte Ltd.
- AeroShell
- Castrol Ltd.
- Chevron Corporation
- ConocoPhillips Company
- Fuchs Petrolub SE
- Gulf Oil Marine Ltd.
- Houghton International Inc.
- Lubrizol Corporation
- Morris Lubricants Ltd.
- Petro-Canada Lubricants Inc.
- Quaker Chemical Corporation
- China Petroleum & Chemical Corporation (Sinopec)
- Valvoline Inc.
- Whitmore Manufacturing LLC
- Calumet Branded Products LLC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | January 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 2.03 Billion |
Forecasted Market Value ( USD | $ 2.72 Billion |
Compound Annual Growth Rate | 7.7% |
Regions Covered | Global |
No. of Companies Mentioned | 31 |