China Aerospace Lubricant Market Size & Outlook, 2022-2030
China aerospace lubricant market, 2018-2030 (US$M)
Related Markets
China aerospace lubricant market highlights
- The China aerospace lubricant market generated a revenue of USD 344.7 million in 2022 and is expected to reach USD 528.4 million by 2030.
- The China market is expected to grow at a CAGR of 5.5% 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 2022 | USD 344.7 million |
| Market revenue in 2030 | USD 528.4 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Gas turbine oils |
| Fastest growing segment | Piston engine oils |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gas turbine oils, Piston engine oils, Hydraulic fluids |
| Key market players worldwide | Exxon 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, China accounted for 16.9% 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 Asia Pacific, China aerospace lubricant market is projected to lead the regional market in terms of revenue in 2030.
- New Zealand is the fastest growing regional market in Asia Pacific and is projected to reach USD 74.1 million by 2030.
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Aerospace Lubricant Market Scope
Aerospace Lubricant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 44.88% in 2022. Horizon Databook has segmented the China 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.
- China 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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Target buyers of China aerospace lubricant market databook
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Our clientele includes a mix of aerospace lubricant market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China aerospace lubricant market , including forecasts for subscribers. This country databook contains high-level insights into China aerospace lubricant market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China aerospace lubricant market size, by product, 2018-2030 (US$M)
China Aerospace Lubricant Market Outlook Share, 2022 & 2030 (US$M)
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