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Biolubricants Market Size, Share, & Trends Analysis Report By Source (Vegetable Oil, Animal Oil), By Application (Transportation, Industrial), By End-use (Industrial, Commercial Transportation), By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 110 Pages
  • October 2023
  • Region: Global
  • Grand View Research
  • ID: 5899618
Description Jump to:
The global biolubricants market size is expected to reach USD 3.73 billion by 2030, registering a CAGR of 5.3% from 2023 to 2030. Increasing passenger car sales in emerging economies is one of the major drivers of industry expansion in recent years. The favorable regulatory framework is expected to encourage the production & consumption of bio-based lubricants over the forecast period. The U.S. EPA has implemented regulations that require all marine vessels to obtain the mandatory Vessel General Permit (VGP) for plying in the U.S. waters & also utilize environment-friendly, acceptable lubricants in all oil-to-sea interfaces.

Various environmental issues associated with conventional lubricants are driving the demand for vegetable & plant-based lubricants. The product segment is anticipated to benefit from the growing demand from industrial & transportation sectors in developed regions.

Vegetable oil was the leading raw material used for biolubricants with a commanding share of 88.1% in 2015. They are also expected to witness the highest growth of 7.6% over the forecast period.

Biolubricants Market Report Highlights

  • Increasing cost competitiveness of advanced biolubricants, specifically on account of high crude oil prices in the future, is a significant factor driving their demand in automotive applications
  • Automotive engine oils dominate the industry, since these oils exceed the performance of conventional engine oils Developments resulting in better oxidation resistance of vegetable oils and improved functionality are expected to drive the segment growth
  • North America dominated the biolubricants market and accounted for the largest revenue share of 35.2% in 2022. The region is technologically mature compared to others such as Asia Pacific, Latin America, and the Middle East.
  • Regulations have played a huge role in shaping the consumer base for bio-based products in the U.S. Currently, the U.S. accounts for nearly 80% of the North American market in terms of volume.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Source
1.1.2. End-Use
1.1.3. Application
1.1.4. Regional scope
1.1.5. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Source outlook
2.2.2. End-Use outlook
2.2.3. Application outlook
2.2.4. Regional outlook
2.3. Competitive Insights
Chapter 3. Biolubricants Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market driver analysis
3.5.2. Market restraint analysis
3.5.3. Industry opportunities & challenges
3.6. Biolubricants Market Analysis Tools
3.6.1. Industry Analysis - Porter’s
3.6.1.1. Supplier power
3.6.1.2. Buyer power
3.6.1.3. Substitution threat
3.6.1.4. Threat of new entrant
3.6.1.5. Competitive rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political landscape
3.6.2.2. Technological landscape
3.6.2.3. Economic landscape
3.6.2.4. Social landscape
3.6.2.5. Environmental landscape
3.6.2.6. Legal landscape
Chapter 4. Supplier Portfolio Analysis
4.1. List of Suppliers
4.2. Kraljic Matrix
4.3. Sourcing Best Practices
4.4. Negotiation Strategies
Chapter 5. Biolubricants: Source Estimates & Trend Analysis
5.1. Biolubricants Market: Key Takeaways
5.2. Biolubricants Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Vegetable Oil
5.3.1. Vegetable oil market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
5.4. Animal Oil
5.4.1. Animal oil market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
Chapter 6. Biolubricants: End-Use Estimates & Trend Analysis
6.1. Biolubricants Market: Key Takeaways
6.2. Biolubricants Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Industrial
6.3.1. Industrial market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
6.4. Commercial Transportation
6.4.1. Commercial transportation market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
6.5. Consumer Automotive
6.5.1. Consumer automotive market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
Chapter 7. Biolubricants: Application Estimates & Trend Analysis
7.1. Biolubricants Market: Key Takeaways
7.2. Biolubricants Market: Movement & Market Share Analysis, 2022 & 2030
7.3. Transportation
7.3.1. Transportation market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.3.1.1. Automotive engine oils market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.3.1.2. Gear oils market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.3.1.3. Hydraulic oils market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.3.1.4. Transmission oils market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.3.1.5. Greases market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.3.1.6. Chainsaw oils market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.3.1.7. Others market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.4. Industrial
7.4.1. Industrial market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.4.1.1. Process oils market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.4.1.2. Demolding oils market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.4.1.3. Industrial gear oils market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.4.1.4. Industrial greases market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.4.1.5. Metal working fluids market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
7.4.1.6. Others market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
Chapter 8. Biolubricants Market: Regional Estimates & Trend Analysis
8.1. Regional Outlook
8.2. Biolubricants Market by Region: Key Takeaway
8.3. North America
8.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.3.2. U.S.
8.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.3.3. Canada
8.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.3.4. Mexico
8.3.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.4. Europe
8.4.1. UK
8.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.4.2. Germany
8.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.4.3. France
8.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.4.4. Italy
8.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.4.5. Spain
8.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.4.6. Netherlands
8.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.4.7. Russia
8.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.5. Asia Pacific
8.5.1. Japan
8.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.5.2. China
8.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.5.3. India
8.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.5.4. Southeast Asia
8.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.5.5. South Korea
8.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.6. Central & South America
8.6.1. Brazil
8.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.6.2. Argentina
8.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.7. MEA
8.7.1. Saudi Arabia
8.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
8.7.2. South Africa
8.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
Chapter 9. Competitive Landscape
9.1. Recent Developments & Impact Analysis, By Key Market Participants
9.2. Market Participant Categorization
9.2.1. TotalEnergies
9.2.1.1. Company overview
9.2.1.2. Financial performance
9.2.1.3. Source benchmarking
9.2.1.4. Strategic initiatives
9.2.2. Exxon Mobil Corporation
9.2.2.1. Company overview
9.2.2.2. Financial performance
9.2.2.3. Source benchmarking
9.2.2.4. Strategic initiatives
9.2.3. Shell plc
9.2.3.1. Company overview
9.2.3.2. Financial performance
9.2.3.3. Source benchmarking
9.2.3.4. Strategic initiatives
9.2.4. CASTROL LIMITED
9.2.4.1. Company overview
9.2.4.2. Financial performance
9.2.4.3. Source benchmarking
9.2.4.4. Strategic initiatives
9.2.5. PETRONAS Lubricants International
9.2.5.1. Company overview
9.2.5.2. Financial performance
9.2.5.3. Source benchmarking
9.2.5.4. Strategic initiatives
9.2.6. Kluber Lubrication
9.2.6.1. Company overview
9.2.6.2. Financial performance
9.2.6.3. Source benchmarking
9.2.6.4. Strategic initiatives
9.2.7. Emery Oleochemicals
9.2.7.1. Company overview
9.2.7.2. Financial performance
9.2.7.3. Source benchmarking
9.2.7.4. Strategic initiatives
9.2.8. Chevron Corporation
9.2.8.1. Company overview
9.2.8.2. Financial performance
9.2.8.3. Source benchmarking
9.2.8.4. Strategic initiatives
9.2.9. Albemarle Corporation
9.2.9.1. Company overview
9.2.9.2. Financial performance
9.2.9.3. Source benchmarking
9.2.9.4. Strategic initiatives
9.2.10. FUCHS
9.2.10.1. Company overview
9.2.10.2. Financial performance
9.2.10.3. Source benchmarking
9.2.10.4. Strategic initiatives
List of Tables
Table 1 List of Abbreviation
Table 2 North America biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 3 North America biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 4 North America biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 5 North America biolubricants market, by region, 2018-2030 (USD Million, Kilotons)
Table 6 U.S. biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 7 U.S. biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 8 U.S. biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 9 Canada biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 10 Canada biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 11 Canada biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 12 Mexico biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 13 Mexico biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 14 Mexico biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 15 Europe biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 16 Europe biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 17 Europe biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 18 Europe biolubricants market, by region, 2018-2030 (USD Million, Kilotons)
Table 19 Germany biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 20 Germany biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 21 Germany biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 22 UK biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 23 UK biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 24 UK biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 25 France biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 26 France biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 27 France biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 28 Italy biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 29 Italy biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 30 Italy biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 31 Spain biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 32 Spain biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 33 Spain biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 34 Netherlands biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 35 Netherlands biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 36 Netherlands biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 37 Russia biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 38 Russia biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 39 Russia biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 40 Asia Pacific biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 41 Asia Pacific biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 42 Asia Pacific biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 43 Asia Pacific biolubricants market, by region, 2018-2030 (USD Million, Kilotons)
Table 44 China biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 45 China biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 46 China biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 47 Japan biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 48 Japan biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 49 Japan biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 50 India biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 51 India biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 52 India biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 53 Southeast Asia biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 54 Southeast Asia biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 55 Southeast Asia biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 56 South Korea biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 57 South Korea biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 58 South Korea biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 59 Central & South America biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 60 Central & South America biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 61 Central & South America biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 62 Central & South America biolubricants market, by region, 2018-2030 (USD Million, Kilotons)
Table 63 Brazil biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 64 Brazil biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 65 Brazil biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 66 Argentina biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 67 Argentina biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 68 Argentina biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 69 Middle East and Africa biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 70 Middle East and Africa biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 71 Middle East and Africa biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 72 Middle East and Africa biolubricants market, by region, 2018-2030 (USD Million, Kilotons)
Table 73 South Africa biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 74 South Africa biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 75 South Africa biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
Table 76 Saudi Arabia biolubricants market, by source, 2018-2030 (USD Million, Kilotons)
Table 77 Saudi Arabia biolubricants market, by end-use, 2018-2030 (USD Million, Kilotons)
Table 78 Saudi Arabia biolubricants market, by application, 2018-2030 (USD Million, Kilotons)
List of Figures
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Biolubricants: Market outlook
Fig. 9 Biolubricants: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Biolubricants market driver impact
Fig. 15 Biolubricants market restraint impact
Fig. 16 Biolubricants market strategic initiatives analysis
Fig. 17 Biolubricants market: Source movement analysis
Fig. 18 Biolubricants market: Source outlook and key takeaways
Fig. 19 Vegetable oil market estimates and forecasts, 2018-2030
Fig. 20 Animal oil market estimates and forecasts, 2018-2030
Fig. 21 Biolubricants market: End-use movement analysis
Fig. 22 Biolubricants market: End-use outlook and key takeaways
Fig. 23 Industrial market estimates and forecasts, 2018-2030
Fig. 24 Commercial transportation market estimates and forecasts, 2018-2030
Fig. 25 Consumer automotive market estimates and forecasts, 2018-2030
Fig. 26 Biolubricants market: Application movement analysis
Fig. 27 Biolubricants market: Application outlook and key takeaways
Fig. 28 Transportation market estimates and forecasts, 2018-2030
Fig. 29 Automotive engine oils market estimates and forecasts, 2018-2030
Fig. 30 Gear oils market estimates and forecasts, 2018-2030
Fig. 31 Hydraulic oils market estimates and forecasts, 2018-2030
Fig. 32 Transmission fluids market estimates and forecasts, 2018-2030
Fig. 33 Greases market estimates and forecasts, 2018-2030
Fig. 34 Chainsaw oils market estimates and forecasts, 2018-2030
Fig. 35 Others market estimates and forecasts, 2018-2030
Fig. 36 Industrial market estimates and forecasts, 2018-2030
Fig. 37 Process oils market estimates and forecasts, 2018-2030
Fig. 38 Demolding oils market estimates and forecasts, 2018-2030
Fig. 39 Industrial gear oils market estimates and forecasts, 2018-2030
Fig. 40 Industrial greases market estimates and forecasts, 2018-2030
Fig. 41 Metal working fluids market estimates and forecasts, 2018-2030
Fig. 42 Others market estimates and forecasts, 2018-2030
Fig. 43 Global biolubricants market: Regional movement analysis
Fig. 44 Global biolubricants market: Regional outlook and key takeaways
Fig. 45 North America market estimates and forecasts, 2018-2030
Fig. 46 U.S. market estimates and forecasts, 2018-2030
Fig. 47 Canada market estimates and forecasts, 2018-2030
Fig. 48 Mexico market estimates and forecasts, 2018-2030
Fig. 49 Europe market estimates and forecasts, 2018-2030
Fig. 50 UK market estimates and forecasts, 2018-2030
Fig. 51 Germany market estimates and forecasts, 2018-2030
Fig. 52 France market estimates and forecasts, 2018-2030
Fig. 53 Italy market estimates and forecasts, 2018-2030
Fig. 54 Spain market estimates and forecasts, 2018-2030
Fig. 55 Netherlands market estimates and forecasts, 2018-2030
Fig. 56 Russia market estimates and forecasts, 2018-2030
Fig. 57 Asia Pacific market estimates and forecasts, 2018-2030
Fig. 58 Japan market estimates and forecasts, 2018-2030
Fig. 59 China market estimates and forecasts, 2018-2030
Fig. 60 India market estimates and forecasts, 2018-2030
Fig. 61 Southeast Asia market estimates and forecasts, 2018-2030
Fig. 62 South Korea market estimates and forecasts, 2018-2030
Fig. 63 Central & South America market estimates and forecasts, 2018-2030
Fig. 64 Brazil market estimates and forecasts, 2018-2030
Fig. 65 Argentina market estimates and forecasts, 2018-2030
Fig. 66 Middle East and Africa. market estimates and forecasts, 2018-2030
Fig. 67 Saudi Arabia market estimates and forecasts, 2018-2030
Fig. 68 South Africa market estimates and forecasts, 2018-2030

Companies Mentioned

  • TotalEnergies
  • Exxon Mobil Corporation
  • Shell plc
  • CASTROL LIMITED
  • PETRONAS Lubricants International
  • Kluber Lubrication
  • Emery Oleochemicals
  • Chevron Corporation
  • Albemarle Corporation
  • FUCHS

Methodology

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Table Information

Report AttributeDetails
No. of Pages110
PublishedOctober 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 2461.2 Million
Forecasted Market Value ( USD ) by 2030 $ 3730 Million
Compound Annual Growth Rate5.3%
Regions CoveredGlobal
No. of Companies Mentioned10

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