Lubricating base oil constitutes the liquid components of lubricating oil and grease finished products.
This report contains market size and forecasts of Lubricant Base Oil in global, including the following market information:
Global Lubricant Base Oil Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Lubricant Base Oil Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Lubricant Base Oil companies in 2021 (%)
The global Lubricant Base Oil market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Mineral Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Lubricant Base Oil include Royal Dutch Shell, Chevron, Neste Oil, Exxon Mobil, Total and Sinopec, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Lubricant Base Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lubricant Base Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Lubricant Base Oil Market Segment Percentages, by Type, 2021 (%)
Mineral Oil
Synthetic Oil
Global Lubricant Base Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Lubricant Base Oil Market Segment Percentages, by Application, 2021 (%)
Automotive Oil
Metalworking Fluids
Hydraulic Oil
Greases
Others
Global Lubricant Base Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Lubricant Base Oil Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Lubricant Base Oil revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Lubricant Base Oil revenues share in global market, 2021 (%)
Key companies Lubricant Base Oil sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Lubricant Base Oil sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Royal Dutch Shell
Chevron
Neste Oil
Exxon Mobil
Total
Sinopec