Canada Aerospace Lubricant Market Size & Outlook

The aerospace lubricant market in Canada is expected to reach a projected revenue of US$ 86.2 million by 2030. A compound annual growth rate of 4.2% is expected of Canada aerospace lubricant market from 2023 to 2030.
Revenue, 2022 (US$M)
$62.1
Forecast, 2030 (US$M)
$86.2
CAGR, 2023 - 2030
4.2%
Report Coverage
Canada

Canada aerospace lubricant market, 2018-2030 (US$M)

Canada

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Canada aerospace lubricant market highlights

  • The Canada aerospace lubricant market generated a revenue of USD 62.1 million in 2022 and is expected to reach USD 86.2 million by 2030.
  • The Canada market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
  • In terms of segment, gas turbine oils was the largest revenue generating product in 2022.
  • Piston engine oils is the most lucrative product segment registering the fastest growth during the forecast period.

Aerospace lubricant market data book summary

Market revenue in 2022USD 62.1 million
Market revenue in 2030USD 86.2 million
Growth rate4.2% (CAGR from 2022 to 2030)
Largest segmentGas turbine oils
Fastest growing segmentPiston engine oils
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGas turbine oils, Piston engine oils, Hydraulic fluids
Key market players worldwideExxon Mobil Corp, Shell PLC, Chevron Corp, BP Castrol KK, Sinopec Oilfield Service Corp Class H, Petroleo Brasileiro SA Petrobras ADR, Quaker Houghton, BP PLC ADR, Fuchs SE Registered Shares, Phillips 66, Aerospace Lubricants

Other key industry trends

  • In terms of revenue, Canada accounted for 3.0% of the global aerospace lubricant market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. aerospace lubricant market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 598.5 million by 2030.

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Aerospace Lubricant Market Scope

Aerospace lubricant market segmentation & scope
Others
Process Oils
General Industrial Oils
Metalworking Fluids
Industrial Engine Oils
Greases
Engine oil
Hydraulic oil
Gear oil
Turbine oil
Transmission Fluids
Brake Fluids
Coolants

Aerospace Lubricant Market Companies

Name Profile # Employees HQ Website

Canada aerospace lubricant market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace lubricant market will help companies and investors design strategic landscapes.


Gas turbine oils was the largest segment with a revenue share of 42.03% in 2022. Horizon Databook has segmented the Canada aerospace lubricant market based on gas turbine oils, piston engine oils, hydraulic fluids covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Aerospace Lubricant Product Outlook (Revenue, USD Million, 2018-2030)
    • Gas turbine oils
    • Piston engine oils
    • Hydraulic fluids
    • Others
    • Process Oils
    • General Industrial Oils
    • Metalworking Fluids
    • Industrial Engine Oils
    • Greases
    • Engine oil
    • Hydraulic oil
    • Gear oil
    • Turbine oil
    • Transmission Fluids
    • Brake Fluids
    • Coolants

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada aerospace lubricant market , including forecasts for subscribers. This country databook contains high-level insights into Canada aerospace lubricant market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada aerospace lubricant market size, by product, 2018-2030 (US$M)

Canada Aerospace Lubricant Market Outlook Share, 2022 & 2030 (US$M)

Canada aerospace lubricant market size, by product, 2018-2030 (US$M)

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