Global Marine Lubricants Market Size & Outlook

The marine lubricants industry worldwide is expected to reach a projected revenue of US$ 670.4 million by 2030. A compound annual growth rate of 2.8% is expected of the worldwide marine lubricants industry from 2023 to 2030.
Revenue, 2022 (US$M)
$535.5
Forecast, 2030 (US$M)
$670.4
CAGR, 2023 - 2030
2.8%
Report Coverage
Worldwide

Global marine lubricants market, 2018-2030 (US$M)

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Global marine lubricants market highlights

  • The global marine lubricants market generated a revenue of USD 535.5 million in 2022 and is expected to reach USD 670.4 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 2.8% by 2030.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2022.
  • Country-wise, Russia is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 535.5 million
Market revenue in 2030USD 670.4 million
Growth rate2.8% (CAGR from 2022 to 2030)
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentation

Other key industry trends

  • In terms of revenue, the North America accounted for 20.8% of the global marine lubricants market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Russia is the fastest growing regional market and is projected to reach USD 7.7 million by 2030.

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Marine Lubricants Market Scope

Marine lubricants market segmentation & scope
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
Angola
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Canada
Mexico
U.S.
Germany
Switzerland
UK
France
Italy
Spain
Netherlands
Russia
China
India
Japan
South Korea
Malaysia
Indonesia
Vietnam
Australia
New Zealand
Brazil
Argentina
Chile
Colombia
Iran
Oman
UAE
Qatar
Kuwait
Saudi Arabia
South Africa
Nigeria

Marine Lubricants Market Companies

Name Profile # Employees HQ Website

Global marine 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 marine lubricants market will help companies and investors design strategic landscapes.


  • Global Marine Lubricants 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 Global marine lubricants market databook

  • Our clientele includes a mix of marine 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.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global marine lubricants market , including forecasts for subscribers. This global databook contains high-level insights into Global marine lubricants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global marine lubricants market statistics, by region, 2018-2030 (US$M)

Top 10 countries: Marine lubricants market size, 2022 (USD Million)

Top 10 countries: Marine lubricants market size, 2022 (USD Million)

Global marine lubricants market, by region, 2022 (US$M)

Global marine lubricants market statistics, by region, 2018-2030 (US$M)

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