Global lubricants market value 2022-2027

Published by Jessica Aizarani, Jan 31, 2023
Lubricants are forecast to have a market value of over 190 billion U.S. dollars worldwide by 2027. Lubricants are substances used to reduce friction between surfaces that have contact in order to reduce wear and tear on those materials.

Market value of lubricants from base oils worldwide in 2022, with a forecast for 2027 (in billion U.S. dollars)

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Release date

November 2022

Region

Worldwide

Survey time period

2022

Supplementary notes

* Forecast assumes a CAGR of three percent.

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Global overview

8

Leading companies

3

Global market sectors

5

North American lubricants industry

3

United States lubricants industry overview

8

United States lubricant market sectors

6

United States oil change market

6

Further related statistics

17

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Topics

Lubricants industry worldwideOil industry worldwideChemical industry in the United StatesOil industry in the U.S.
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