Asia Pacific Industrial Lubricants Market Size & Outlook
Asia Pacific industrial lubricants market, 2018-2030 (US$M)
Related Markets
Asia Pacific industrial lubricants market highlights
- The Asia Pacific industrial lubricants market generated a revenue of USD 23,463.8 million in 2022.
- The market is expected to grow at a CAGR of 4.5% from 2023 to 2030.
- In terms of segment, process oils was the largest revenue generating product in 2022.
- Industrial Engine Oils is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 23,463.8 million |
| Market revenue in 2030 | USD 33,436.0 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Process oils |
| Fastest growing segment | Industrial 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 | Process Oils, General Industrial Oils, Metalworking Fluids, Industrial Engine Oils, Greases |
| Key market players worldwide | Exxon Mobil Corp, The Lubrizol Corp, Shell PLC, Chevron Corp, Clariant AG, Quaker Houghton, Valvoline Inc, BP Castrol KK, Petronas Chemicals Group Bhd, Calumet Specialty Products Partners LP, Idemitsu Kosan Co Ltd, Yushiro Chemical Industry, Fuchs SE ADR (Representing Pref. Shares), Phillips 66, Lucas Oil, AMSOIL, Bel-Ray Company, Kluber Lubrication Munchen SE & Co. KG, Blaser Swisslube |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 44.1% of the global industrial lubricants 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 33,436.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Industrial Lubricants Market Scope
Industrial Lubricants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific industrial lubricants 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 industrial lubricants market will help companies and investors design strategic landscapes.
Process oils was the largest segment with a revenue share of 32.55% in 2022. Horizon Databook has segmented the Asia Pacific industrial lubricants market based on process oils, general industrial oils, metalworking fluids, industrial engine oils, greases covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Asia Pacific industrial lubricants market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific industrial lubricants market databook
-
Our clientele includes a mix of industrial lubricants market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 continent-level data and insights on the Asia Pacific industrial lubricants market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific industrial lubricants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific industrial lubricants market
Asia Pacific Industrial Lubricants Market Outlook Share, 2022 & 2030 (US$M)
Asia Pacific industrial lubricants market
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
