Asia Pacific Marine Lubricants Market Size & Outlook

The marine lubricants market in Asia Pacific is expected to reach a projected revenue of US$ 331.3 million by 2030. A compound annual growth rate of 3.7% is expected of Asia Pacific marine lubricants market from 2023 to 2030.
Revenue, 2022 (US$M)
$248.2
Forecast, 2030 (US$M)
$331.3
CAGR, 2023 - 2030
3.7%
Report Coverage
Asia Pacific

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

Asia

Related Markets

Asia Pacific marine lubricants market highlights

  • The Asia Pacific marine lubricants market generated a revenue of USD 248.2 million in 2022.
  • The market is expected to grow at a CAGR of 3.7% from 2023 to 2030.
  • Country-wise, China is expected to register the highest CAGR from 2023 to 2030.

Asia Pacific data book summary

Market revenue in 2022USD 248.2 million
Market revenue in 2030USD 331.3 million
Growth rate3.7% (CAGR from 2022 to 2030)
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentation
Key market players worldwideQuaker Houghton, Repsol SA, Shell PLC, PetroChina Co Ltd Class H, Petroleo Brasileiro SA Petrobras ADR, Innospec Inc, ENEOS Holdings Inc, Bel-Ray Company, Zeller + Gmelin GmbH & Co KG, Blaser Swisslube, Kluber Lubrication Munchen SE & Co. KG, Phillips 66, Petrofer Chemie H. R. Fischer, Gulf Oil, Unimarine

Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 46.3% of the global marine 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 331.3 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

Marine Lubricants Market Companies

Name Profile # Employees HQ Website

Asia Pacific 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.


  • Asia Pacific 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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  • Our clientele includes a mix of marine lubricants market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific marine lubricants market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific marine lubricants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific Marine Lubricants Market Outlook Share, 2022 & 2030 (US$M)

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