Global Bio-Lubricant Market Segmented By Base Oil (Vegetable Oil, Animal Fat, Synthetic Ester, Others), By Application (Hydraulic oil, Metalworking fluids, Chainsaw oil, Mold release agents, Two-cycle engine oils, Gear oils, Greases, Others), By End User Industry (Automotive, Oil & Gas, Construction, Marine, Energy & Utilities, Pharmaceutical, Metallurgy, Others), By Company, By Region, Forecast & Opportunities, 2028

  • Industry : Chemicals
  • Pages : NA
  • Published Date : NA
Customization Enquiry

Buy Now

Summary

Report Description

Global bio-lubricant market is expected to grow at a steady rate during the forecast period. The global bio-lubricant market is driven by the increasing environmental concerns. Furthermore, supportive government policies facilitating the use of bio-based lubricants and greener and cleaner base oils is expected to spur the market growth over the next few years. Additionally, these bio-lubricants are eco-friendly, renewable, non-toxic in nature, biodegradable, carbon neutral, among others. These factors are, in turn, expected to positively influence the market growth through 2028. Besides, technological advancements and new product launches by the major players operating in the market is expected to create lucrative opportunities for growth during the forecast period. However, the sudden outbreak of pandemic COVID-19 has led to the shut down in manufacturing and supply of renewables thereby hindering the market growth during the forecast period. Moreover, the high prices of bio-lubricants can further restrict the market growth through 2028.

The global bio-lubricant market is segmented based on base oil, application, end user industry, company and region. Based on base oil, the market can be categorized into vegetable oil, animal fat, synthetic ester and others. The vegetable oil segment is expected to dominate the market since they are highly biodegradable, less toxic, eco-friendly and provide good lubrication. Based on end user industry, the market can be fragmented into automotive, oil & gas, construction, marine, energy & utilities, pharmaceutical, metallurgy and others. The automotive industry is expected to dominate the market owing to the increasing awareness pertaining to fuel efficiency. Additionally, bio-lubricants are highly biodegradable in nature and have low level of bioaccumulation therefore preferred in the automotive industry.

Regionally, the bio-lubricant market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the market share in the overall bio-lubricant market owing to the widespread use of bio-lubricants in the automotive industry. Additionally, stringent government regulations pertaining to the use of bio-based lubricants further drive the market growth in the region.

The major players operating in the bio-lubricant market are ExxonMobil, Royal Dutch Shell, Total S.A., Cargill Inc., BP, FUCHS Group, Panolin AG, Magna Group, Polnox Corporation, Albemarle Corporation and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, In March 2022, Royal Dutch Shell announced the expansion of the lubricant production facility located at Marunda Ce2tre, Indonesia.

Objective of the Study:

  • To analyze and estimate the market size of global bio-lubricant market from 2028 to 2021.
  • To estimate and forecast the market size of global bio-lubricant market from 2022 to 2028 and growth rate until 2028.
  • To classify and forecast global bio-lubricant market based on base oil, application, end user industry, company and regional distribution.
  • To identify dominant region or segment in the global bio-lubricant market.
  • To identify drivers and challenges for global bio-lubricant market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global bio-lubricant market.
  • To identify and analyze the profile of leading players operating in global bio-lubricant market.
  • To identify key sustainable strategies adopted by market players in global bio-lubricant market.


Download Free Sample Report

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global bio-lubricant market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Bio-Lubricant manufacturers/ suppliers/ distributors
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to bio-lubricant

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Product

·         Vehicle Type

·         Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Kuwait; Brazil, Argentina, Colombia;

Key companies profiled

ExxonMobil, Royal Dutch Shell, Total S.A., Cargill Inc., BP, FUCHS Group, Panolin AG, Magna Group, Polnox Corporation, Albemarle Corporation.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, global bio-lubricant market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Bio-Lubricant Market, By Base Oil:
    • Vegetable Oil
    • Animal Fat
    • Synthetic Ester
    • Others
  • Global Bio-Lubricant Market, By Application:
    • Hydraulic oil
    • Metalworking fluids
    • Chainsaw oil
    • Mold release agents
    • Two-cycle engine oils
    • Gear oils
    • Greases
    • Others
  • Global Bio-Lubricant Market, By End User Industry:
    • Automotive
    • Oil & Gas
    • Construction
    • Marine
    • Energy & Utilities
    • Pharmaceutical
    • Metallurgy
    • Others
  • Global Bio-Lubricant Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global bio-lubricant market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global bio-lubricant market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Bio-Lubricant Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Bio-Lubricant Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Base Oil (Vegetable Oil, Animal Fat, Synthetic Ester, Others)

6.2.2.     By Application (Hydraulic oil, Metalworking fluids, Chainsaw oil, Mold release agents, Two-cycle engine oils, Gear oils, Greases, Others)

6.2.3.     By End User Industry (Automotive, Oil & Gas, Construction, Marine, Energy & Utilities, Pharmaceutical, Metallurgy, Others)

6.2.4.     By Company (2022)

6.2.5.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Bio-Lubricant Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Base Oil

7.2.2.     By Application

7.2.3.     By End User Industry

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Bio-Lubricant Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Base Oil

7.3.1.2.2.             By Application

7.3.1.2.3.             By End User Industry

7.3.2.     India Bio-Lubricant Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Base Oil

7.3.2.2.2.             By Application

7.3.2.2.3.             By End User Industry

7.3.3.     Australia Bio-Lubricant Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Base Oil

7.3.3.2.2.             By Application

7.3.3.2.3.             By End User Industry

7.3.4.     Japan Bio-Lubricant Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Base Oil

7.3.4.2.2.             By Application

7.3.4.2.3.             By End User Industry

7.3.5.     South Korea Bio-Lubricant Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Base Oil

7.3.5.2.2.             By Application

7.3.5.2.3.             By End User Industry

8.    Europe Bio-Lubricant Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Base Oil

8.2.2.     By Application

8.2.3.     By End User Industry

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Bio-Lubricant Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Base Oil

8.3.1.2.2.             By Application

8.3.1.2.3.             By End User Industry

8.3.2.     Germany Bio-Lubricant Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Base Oil

8.3.2.2.2.             By Application

8.3.2.2.3.             By End User Industry

8.3.3.     United Kingdom Bio-Lubricant Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Base Oil

8.3.3.2.2.             By Application

8.3.3.2.3.             By End User Industry

8.3.4.     Italy Bio-Lubricant Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Base Oil

8.3.4.2.2.             By Application

8.3.4.2.3.             By End User Industry

8.3.5.     Spain Bio-Lubricant Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Base Oil

8.3.5.2.2.             By Application

8.3.5.2.3.             By End User Industry

9.    North America Bio-Lubricant Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Base Oil

9.2.2.     By Application

9.2.3.     By End User Industry

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Bio-Lubricant Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Base Oil

9.3.1.2.2.             By Application

9.3.1.2.3.             By End User Industry

9.3.2.     Mexico Bio-Lubricant Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Base Oil

9.3.2.2.2.             By Application

9.3.2.2.3.             By End User Industry

9.3.3.     Canada Bio-Lubricant Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Base Oil

9.3.3.2.2.             By Application

9.3.3.2.3.             By End User Industry

10.  South America Bio-Lubricant Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Base Oil

10.2.2.  By Application

10.2.3.  By End User Industry

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Bio-Lubricant Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Base Oil

10.3.1.2.2.           By Application

10.3.1.2.3.           By End User Industry

10.3.2.  Argentina Bio-Lubricant Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Base Oil

10.3.2.2.2.           By Application

10.3.2.2.3.           By End User Industry

10.3.3.  Colombia Bio-Lubricant Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Base Oil

10.3.3.2.2.           By Application

10.3.3.2.3.           By End User Industry

11.  Middle East and Africa Bio-Lubricant Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Base Oil

11.2.2.  By Application

11.2.3.  By End User Industry

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Bio-Lubricant Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Base Oil

11.3.1.2.2.           By Application

11.3.1.2.3.           By End User Industry

11.3.2.  Saudi Arabia Bio-Lubricant Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Base Oil

11.3.2.2.2.           By Application

11.3.2.2.3.           By End User Industry

11.3.3.  UAE Bio-Lubricant Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Base Oil

11.3.3.2.2.           By Application

11.3.3.2.3.           By End User Industry

11.3.4.  Kuwait Bio-Lubricant Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value & Volume

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Base Oil

11.3.4.2.2.           By Application

11.3.4.2.3.           By End User Industry

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              ExxonMobil

14.2.              Royal Dutch Shell

14.3.              Total S.A

14.4.              Cargill Inc.

14.5.              BP

14.6.              FUCHS Group

14.7.              Panolin AG

14.8.              Magna Group

14.9.              Polnox Corporation

14.10.            Albemarle Corporation

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

down-arrow

Increasing demand from transportation and automotive sectors is expected to drive the growth of global bio-lubricant market during the forecast period.

down-arrow

The global bio-lubricant market is segmented based on base oil, application, end user industry, company and region.

down-arrow

Based on regional analysis, North America is expected to dominate the global bio-lubricant market during forecast period.

down-arrow

The major players operating in the bio-lubricant market are ExxonMobil, Royal Dutch Shell, Total S.A., Cargill Inc., BP, FUCHS Group, Panolin AG, Magna Group, Polnox Corporation, Albemarle Corporation and others.

Related Reports

profile

Sakshi Bajaal

Business Consultant
Press Release

Europe to Dominate Bio-Lubricants Market until 2025

Apr, 2020

Increasing consumer awareness and stringent governmental regulations to drive the growth of global bio-lubricants market

Why Choose Us