New Zealand Industrial Lubricants Market Size & Outlook
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New Zealand industrial lubricants market highlights
- The New Zealand industrial lubricants market generated a revenue of USD 646.7 million in 2022 and is expected to reach USD 842.3 million by 2030.
- The New Zealand market is expected to grow at a CAGR of 3.4% from 2023 to 2030.
- In terms of segment, general industrial 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.
Industrial lubricants market data book summary
| Market revenue in 2022 | USD 646.7 million |
| Market revenue in 2030 | USD 842.3 million |
| Growth rate | 3.4% (CAGR from 2022 to 2030) |
| Largest segment | General industrial oils |
| Fastest growing segment | Industrial Engine Oils |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, New Zealand accounted for 1.2% of the global industrial lubricants market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China industrial lubricants market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,867.9 million by 2030.
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Industrial Lubricants Market Scope
Industrial Lubricants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Blaser Swisslube | View profile | 501-1000 | Gurgaon, Haryana, India, Asia | https://blaser.com |
| Kluber Lubrication Munchen SE & Co. KG | View profile | 1001-5000 | Munich, Bayern, Germany, Europe | https://www.klueber.com/ |
| Bel-Ray Company | View profile | 51-100 | Farmingdale, New Jersey, United States, North America | https://www.belray.com |
| AMSOIL | View profile | 251-500 | Superior, Wisconsin, United States, North America | http://amsoil.com |
| Lucas Oil | View profile | 11-50 | Llangefni, Isle of Anglesey, United Kingdom, Europe | https://www.lucasoil.co.uk |
| Yushiro Chemical Industry | View profile | 251-500 | Tokyo, Tokyo, Japan, Asia | https://www.yushiro.co.jp/ |
| Phillips 66 | View profile | 14000 | 2331 CityWest Boulevard, Houston, TX, United States, 77042 | https://www.phillips66.com |
| Idemitsu Kosan Co Ltd | View profile | 19227 | 1-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8321 | http://www.idemitsu.co.jp |
| Calumet Specialty Products Partners LP | View profile | 1580 | 2780 Waterfront Parkway East Drive, Suite 200, Indianapolis, IN, United States, 46214 | https://www.calumetspecialty.com |
| Valvoline Inc | View profile | 9600 | 100 Valvoline Way, Suite 100, Lexington, KY, United States, 40509 | https://www.valvoline.com |
| BP Castrol KK | View profile | 107 | 1-11-2 Osaki Shinagawa-ku, Gate City Osaki, East Tower 20F, Tokyo, Japan, 141-0032 | http://www.bpcastrol.com |
| Petronas Chemicals Group Bhd | View profile | 6465 | Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, Malaysia, 50088 | https://www.petronas.com |
| Fuchs SE ADR (Representing Pref. Shares) | View profile | 6338 | Einsteinstraße 11, Mannheim, Germany, 68169 | https://www.fuchs.com |
| Quaker Houghton | View profile | 4400 | 901 East Hector Street, Conshohocken, PA, United States, 19428-2380 | https://www.quakerhoughton.com |
| Clariant AG | View profile | 10481 | Rothausstrasse 61, Muttenz, Switzerland, 4132 | http://www.clariant.com |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| The Lubrizol Corp | View profile | 5001-10000 | Wickliffe, Ohio, United States, North America | http://www.lubrizol.com/ |
| Chevron Corp | View profile | 45600 | 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 | https://www.chevron.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
New Zealand 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.
General industrial oils was the largest segment with a revenue share of 33.79% in 2022. Horizon Databook has segmented the New Zealand 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.
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Target buyers of New Zealand industrial lubricants market databook
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Our clientele includes a mix of industrial lubricants 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 country-level data and insights on the New Zealand industrial lubricants market , including forecasts for subscribers. This country databook contains high-level insights into New Zealand industrial lubricants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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New Zealand industrial lubricants market size, by product, 2018-2030 (US$M)
New Zealand Industrial Lubricants Market Outlook Share, 2022 & 2030 (US$M)
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