North America Aerospace Lubricant Market Size & Outlook
North America aerospace lubricant market, 2018-2030 (US$M)
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North America aerospace lubricant market highlights
- The North America aerospace lubricant market generated a revenue of USD 478.9 million in 2022.
- The market is expected to grow at a CAGR of 4.9% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 478.9 million |
| Market revenue in 2030 | USD 701.5 million |
| Growth rate | 4.9% (CAGR from 2022 to 2030) |
| Largest segment | Gas turbine oils |
| Fastest growing segment | Piston engine oils |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 23.5% of the global aerospace lubricant market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,236.7 million by 2030.
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Aerospace Lubricant Market Scope
Aerospace Lubricant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 44.27% in 2022. Horizon Databook has segmented the North America 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.
- North America 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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America aerospace lubricant market , including forecasts for subscribers. This continent databook contains high-level insights into North America aerospace lubricant market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America Aerospace Lubricant Market Outlook Share, 2022 & 2030 (US$M)
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