Biolubricant refers to all lubricants that are easily biodegradable and non-toxic to human beings and the environment. Biolubricants may be plant oil-based (e.g., rapeseed oil) or derived from synthetic esters manufactured from modified renewable oils or from mineral oil-based products. While its use is still very limited as compared to mineral oil-based lubricants, they are promising candidates as they are renewable and emit net zero greenhouse gases to the environment. According to latest analysis, the global biolubricants market was USD 2,434 million in 2022 and is expected to reach USD 3,380 million in 2029 and register a CAGR of 4.8% during the forecast period, 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global biolubricants market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the base oil, product, end user, and region. The global market for biolubricants can be segmented by base oil: animal fats, vegetable oils, others. In 2022, the vegetable oil segment made up the largest share of revenue generated by the biolubricants market. Biolubricants market is further segmented by product: chainsaw oils, gear oils, greases, hydraulic fluids, metalworking fluids (MWFs), release agents, two-cycle engine oils, others. The hydraulic fluids segment was the largest contributor to the global biolubricants market in 2022. Based on end user, the biolubricants market is segmented into: commercial, consumer, industrial, others. The industrial segment is estimated to account for the largest share of the global biolubricants market. On the basis of region, the biolubricants market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Europe held the largest share of the global biolubricants market in 2022 and is anticipated to hold its share during the forecast period.
The industrial market is further segmented into agriculture and construction, engineering and manufacturing, food and beverages, marine, mining and energy. Among these, the marine segment was accounted for the highest revenue generator in 2022.
Market Segmentation
By base oil: animal fats, vegetable oils, others
By product: chainsaw oils, gear oils, greases, hydraulic fluids, metalworking fluids (MWFs), release agents, two-cycle engine oils, others
By end user: commercial, consumer, industrial, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report explores the recent developments and profiles of key vendors in the Global Biolubricants Market, including ADDINOL Lube Oil GmbH, BP plc, Cargill Inc., Chevron Corporation, Condat S.A., Cortec Corporation, DuBois Chemicals, Inc., Eni S.p.A., Environmental Lubricants Manufacturing, Inc. (ELM), Exxon Mobil Corporation, Fuchs Petrolub SE, Igol France SAS, Kluber Lubrication GmbH (Freudenberg & Co. KG), Lubriplate Lubricants Co., Metalube Corporation, Panolin AG, Quaker Chemical Corporation, Renewable Lubricants International, Ltd., Repsol SA, RSC Bio Solutions LLC, Shell plc, TotalEnergies SE, Vickers Petroleum Company, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global biolubricants market.
• To classify and forecast the global biolubricants market based on base oil, product, end user, region.
• To identify drivers and challenges for the global biolubricants market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global biolubricants market.
• To identify and analyze the profile of leading players operating in the global biolubricants market.
Why Choose This Report
• Gain a reliable outlook of the global biolubricants market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
TABLE OF CONTENTS
FIGURES AND TABLES
PART 1. INTRODUCTION
· Report description
· Objectives of the study
· Market segment
· Years considered for the report
· Currency
· Key target audience
PART 2. METHODOLOGY
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
· Introduction
· Drivers
· Restraints
PART 5. MARKET BREAKDOWN BY BASE OIL
· Animal fats
· Vegetable oils
· Others
PART 6. MARKET BREAKDOWN BY PRODUCT
· Chainsaw oils
· Gear oils
· Greases
· Hydraulic fluids
· Metalworking fluids (MWFs)
· Release agents
· Two-cycle engine oils
· Others
PART 7. MARKET BREAKDOWN BY END USER
· Commercial
· Consumer
· Industrial
· Others
PART 8. MARKET BREAKDOWN BY REGION
· North America
· Europe
· Asia-Pacific
· MEA (Middle East and Africa)
· Latin America
PART 9. KEY COMPANIES
· ADDINOL Lube Oil GmbH
· BP plc
· Cargill Inc.
· Chevron Corporation
· Condat S.A.
· Cortec Corporation
· DuBois Chemicals, Inc.
· Eni S.p.A.
· Environmental Lubricants Manufacturing, Inc. (ELM)
· Exxon Mobil Corporation
· Fuchs Petrolub SE
· Igol France SAS
· Kluber Lubrication GmbH (Freudenberg & Co. KG)
· Lubriplate Lubricants Co.
· Metalube Corporation
· Panolin AG
· Quaker Chemical Corporation
· Renewable Lubricants International, Ltd.
· Repsol SA
· RSC Bio Solutions LLC
· Shell plc
· TotalEnergies SE
· Vickers Petroleum Company
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DISCLAIMER
The global Biolubricants market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field ...
Biolubricant refers to all lubricants that are easily biodegradable and non-toxic to human beings and the environment. Biolubricants may be plant oil-based (e.g., rapeseed oil) or derived from synthetic esters manufactured from modified renewable oils or from mineral oil-based products. While its us...
The global biolubricants market was valued at USD 2,207 million in 2021 to USD 2,924 million by 2028, progressing at a CAGR of 4.1% from 2022 to 2028, according to Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, la...
Summary
The report forecast global Biolubricants market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021E-2026F due to coronavirus situation.
The report offers detailed coverage of Biolubricants industry and main market trends with impact of coron...
Summary
HeyReport estimates that the Biolubricants market size will grow from xxx Million USD in 2020 to xxxx Million USD by 2025, and with a CAGR of xx%. The base year considered for this report is 2019, and the market forecast is projected from 2021 to 2025.
In this repor...
The research team projects that the Biolubricants market size will grow from XXX in 2020 to XXX by 2027, at an estimated CAGR of XX. The base year considered for the study is 2020, and the market size is projected from 2020 to 2027.
The prime objective of this report is to help the user und...
Snapshot
The global Biolubricants market size is estimated at xxx million USD with a CAGR xx% from 2016-2020 and is expected to reach xxx Million USD in 2021 with a CAGR xx% from 2021 to 2026. The report begins from overview of Industry Chain structure, and describes industry environmen...
Summary
HeyReport estimates that the Biolubricants market size will grow from xxx Million USD in 2020 to xxxx Million USD by 2025, and with a CAGR of xx%. The base year considered for this report is 2019, and the market forecast is projected from 2021 to 2025.
In this repor...
Report Overview
The Biolubricants market size was valued at US$ XX billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of XX% from 2020 to 2027.
Product Type Insights
The Biolubricants segment held dominant position in the market and...
Biolubricants are widely used in hydraulic fluids, metalworking fluids, chainsaw oils, mold release agents, two-cycle engine oils, gear oils, greases and others applications. In the context of China-US trade war and COVID-19 epidemic, it will have a big influence on this market. Biolubricants Report...