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US Industrial Lubricants Market

ID: MRFR/CnM/14916-HCR
100 Pages
Chitranshi Jaiswal
October 2025

US Industrial Lubricants Market Research Report By Type (Process Oils, Hydraulic Fluids, Gear Lubricants, Compressor Lubricants, Turbine Lubricants, Metalworking Fluids, Industrial Engine Oils, Others) and By End Use (Automotive Manufacturing, Power Generation, Process Industry, Food & Beverages, Mining, Rail, Construction, Others) - Forecast to 2035.

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US Industrial Lubricants Market Infographic
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US Industrial Lubricants Market Summary

As per Market Research Future analysis, the US industrial lubricants market Size was estimated at 13.5 USD Billion in 2024. The US industrial lubricants market is projected to grow from 13.93 USD Billion in 2025 to 19.0 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.1% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US industrial lubricants market is experiencing a transformative shift towards sustainability and advanced technologies.

  • Sustainability initiatives are increasingly shaping product development and consumer preferences in the industrial lubricants market.
  • The shift to synthetic lubricants is gaining momentum, driven by their superior performance and environmental benefits.
  • Integration of smart technologies is enhancing lubrication management and operational efficiency across various sectors.
  • Technological advancements in manufacturing and rising demand for energy efficiency are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 13.5 (USD Billion)
2035 Market Size 19.0 (USD Billion)
CAGR (2025 - 2035) 3.16%

Major Players

ExxonMobil (US), Shell (GB), BP (GB), Chevron (US), TotalEnergies (FR), Fuchs Petrolub (DE), Castrol (GB), Sinopec (CN), Petrobras (BR)

US Industrial Lubricants Market Trends

this market is currently experiencing a dynamic evolution, driven by various factors including technological advancements and increasing demand across multiple sectors. The emphasis on sustainability and environmental regulations is prompting manufacturers to innovate and develop eco-friendly lubricants. This shift not only addresses regulatory compliance but also aligns with the growing consumer preference for sustainable products. As industries strive for efficiency, the need for high-performance lubricants that enhance machinery longevity and reduce maintenance costs is becoming increasingly apparent. In addition, the industrial lubricants market is witnessing a trend towards the adoption of synthetic lubricants, which offer superior performance compared to traditional mineral oils. These synthetic options are often more stable under extreme conditions, providing better protection and efficiency. Furthermore, the rise of automation and smart technologies in manufacturing processes is likely to influence lubricant formulations, as companies seek products that can withstand the demands of advanced machinery. Overall, the landscape of the industrial lubricants market is shifting towards innovation, sustainability, and enhanced performance, reflecting broader trends in industrial practices.

Sustainability Initiatives

The industrial lubricants market is increasingly influenced by sustainability initiatives. Manufacturers are focusing on developing biodegradable and environmentally friendly lubricants to meet regulatory standards and consumer expectations. This trend reflects a broader commitment to reducing environmental impact and promoting responsible manufacturing practices.

Shift to Synthetic Lubricants

There is a noticeable shift towards synthetic lubricants within the industrial lubricants market. These products offer enhanced performance characteristics, such as improved thermal stability and reduced volatility. As industries seek to optimize machinery performance and reduce downtime, synthetic options are becoming more prevalent.

Integration of Smart Technologies

The integration of smart technologies in manufacturing processes is shaping the industrial lubricants market. As automation becomes more widespread, there is a growing demand for lubricants that can perform under the specific conditions of advanced machinery. This trend indicates a need for tailored lubricant solutions that enhance operational efficiency.

Market Segment Insights

By Application: Metalworking Fluids (Largest) vs. Gear Oils (Fastest-Growing)

The application segment of the US industrial lubricants market is predominantly characterized by Metalworking Fluids, which hold the largest share due to their critical role in manufacturing processes. Following closely are Hydraulic Fluids, General Industrial Lubricants, Process Oils, and Gear Oils, each contributing to the diverse needs of various industrial operations. The distribution reflects the varying demands across sectors, with Metalworking Fluids being integral in machining and fabrication processes. Growth trends indicate a robust demand for Gear Oils, recognized as the fastest-growing segment, driven by advancements in precision machinery and increased automation across industries. Additionally, the need for efficient performance and sustainability in lubrication applications is bolstering the market for Hydraulic Fluids and General Industrial Lubricants. Innovations in formulation and environmental regulations are also propelling growth in these areas, creating opportunities for manufacturers to enhance their product offerings.

Metalworking Fluids (Dominant) vs. Gear Oils (Emerging)

Metalworking Fluids are vital in various manufacturing processes, effectively enhancing productivity and ensuring optimal operational performance. This dominant segment is characterized by its extensive use in cutting, grinding, and machining operations, providing cooling, lubrication, and chip removal. As efficiency becomes critical in manufacturing, the demand for high-performance Metalworking Fluids continues to rise. Conversely, Gear Oils are emerging as a significant segment driven by rapid advancements in technology and the increasing complexity of machinery. Their ability to withstand high loads while providing superior protection makes them essential in heavy-duty applications. The shift toward automation and modernization in several industries is further elevating the growing preference for Gear Oils, positioning them as a key player in the lubricants market.

By Base Oil Type: Mineral Oils (Largest) vs. Synthetic Oils (Fastest-Growing)

The market share distribution in the base oil type segment reveals that Mineral Oils hold the largest share, favored for their long-standing history and reliability in various industrial applications. Synthetic Oils, while currently a smaller segment, are witnessing rapid growth due to their superior performance and longer service life compared to traditional options. As sustainability becomes a focus, the demand for alternatives such as Bio-Based and Recycled Oils also climbs, albeit at a slower pace. Growth trends indicate a clear shift towards Synthetic Oils as industries seek higher efficiency and sustainability. The drivers include advancements in formulation technologies and increasing regulations pushing for eco-friendly alternatives. Additionally, the rising awareness regarding the environmental impacts of lubricants is fostering growth in the Bio-Based and Recycled Oil segments, though they still represent a smaller portion of the market.

Mineral Oils (Dominant) vs. Synthetic Oils (Emerging)

Mineral Oils, often derived from crude oil, dominate the base oil segment due to their established usage and consistent performance characteristics, making them a staple in many lubrication applications. They provide excellent lubrication properties and are cost-effective for a range of industrial usages. In contrast, Synthetic Oils are gaining traction as an emerging option, primarily due to their ability to operate under extreme conditions and reduce wear and tear. They offer enhanced thermal stability and oxidation resistance, appealing to sectors focused on efficiency and longevity. As such, while Mineral Oils remain dominant, Synthetic Oils are rapidly gaining recognition and market share as users prioritize performance and environmental considerations.

By End Use Industry: Manufacturing (Largest) vs. Automotive (Fastest-Growing)

In the US industrial lubricants market, the manufacturing sector holds the largest share, driven by the extensive use of lubricants in various machinery and processes. This sector's demand is characterized by its reliance on high-performance solutions to enhance machine efficiency and reduce downtime. On the other hand, the automotive industry is experiencing the fastest growth due to the rising demand for advanced lubricants that meet stringent environmental regulations and performance standards. Factors such as increasing vehicle production and the shift towards electric vehicles are propelling this segment forward, making it a key player in the future landscape of the market.

Manufacturing: Dominant vs. Automotive: Emerging

The manufacturing sector is the dominant force in the US industrial lubricants market, fueled by the need for reliable products that ensure optimal performance of machinery. With a focus on efficiency, manufacturers seek lubricants that minimize wear and tear, thus prolonging equipment lifespan. In contrast, the automotive sector is emerging rapidly, reflecting trends towards innovative lubricants that cater to modern engines and sustainability efforts. As the automotive landscape shifts towards electric and hybrid vehicles, the demand for specialized lubricants is increasing, positioning it as a crucial area for future growth and technological advancements in the market.

By Product Form: Liquid (Largest) vs. Grease (Fastest-Growing)

In the US industrial lubricants market, the product form segment is substantially dominated by liquid lubricants, which hold a significant market share. Grease and paste lubricants follow, but grease is rapidly gaining traction due to its versatility and superior performance in high-load applications. Gel lubricants, while smaller in share, are steadily carving a niche in specialized applications. Growth in this segment is fueled by increasing demand for high-performance lubricants that enhance the efficiency and longevity of machinery. The automotive and manufacturing sectors are significant drivers, focusing on reducing maintenance costs and downtime. Environmental regulations encouraging the use of eco-friendly lubricants are also shaping trends, with a noticeable shift towards high-quality, biodegradable options in both liquid and grease forms.

Liquid (Dominant) vs. Grease (Emerging)

Liquid lubricants are the backbone of the US industrial lubricants market, offering unparalleled fluidity and ease of application. They are essential in various industries, providing excellent properties for cooling, lubrication, and protection against wear. On the other hand, grease lubricants are emerging as a vital alternative due to their ability to stay in place and provide long-lasting protection in extreme conditions. Grease is particularly popular in heavy-duty applications, where it can withstand higher loads and protect components from heavy wear. As industries prioritize efficiency and sustainability, both forms are evolving, with manufacturers innovating to create formulations that meet stringent performance and environmental criteria.

Get more detailed insights about US Industrial Lubricants Market

Key Players and Competitive Insights

The industrial lubricants market in the US is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and strategic partnerships. Key players such as ExxonMobil (US), Chevron (US), and Shell (GB) are actively pursuing strategies that emphasize technological advancements and eco-friendly product lines. ExxonMobil (US), for instance, has been focusing on enhancing its product portfolio with high-performance lubricants that cater to the evolving needs of various industries, thereby solidifying its market position. Meanwhile, Chevron (US) has been investing in digital transformation initiatives to optimize its supply chain and improve customer engagement, which appears to be a critical factor in maintaining competitiveness in this dynamic market.

The market structure is moderately fragmented, with several players vying for market share through localized manufacturing and supply chain optimization. This fragmentation allows for a diverse range of products and services, catering to specific industry needs. The collective influence of major companies, including TotalEnergies (FR) and BP (GB), is significant, as they leverage their global presence to enhance distribution networks and customer reach. Such tactics not only improve operational efficiency but also foster competitive differentiation in a crowded marketplace.

In October 2025, Chevron (US) announced a strategic partnership with a leading technology firm to develop AI-driven solutions for predictive maintenance in industrial applications. This move is likely to enhance Chevron's service offerings, allowing clients to minimize downtime and optimize equipment performance. The integration of AI into their operations could potentially set a new standard in the industry, emphasizing the importance of technology in driving operational excellence.

In September 2025, Shell (GB) launched a new line of biodegradable lubricants aimed at reducing environmental impact. This initiative aligns with the growing demand for sustainable products and reflects Shell's commitment to environmental stewardship. By positioning itself as a leader in sustainable lubricants, Shell (GB) not only addresses regulatory pressures but also appeals to environmentally conscious consumers, thereby enhancing its competitive edge.

In November 2025, TotalEnergies (FR) unveiled a comprehensive sustainability strategy that includes a commitment to achieving net-zero emissions by 2050. This ambitious plan involves significant investments in renewable energy and the development of low-carbon lubricants. Such a forward-thinking approach may resonate well with stakeholders and customers alike, as the industry increasingly shifts towards sustainability as a core value proposition.

As of November 2025, the competitive trends in the industrial lubricants market are heavily influenced by digitalization, sustainability, and the integration of advanced technologies. Strategic alliances are becoming more prevalent, as companies recognize the need to collaborate in order to innovate and meet evolving market demands. The competitive landscape is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability, suggesting that companies that prioritize these areas will be better positioned for future success.

Key Companies in the US Industrial Lubricants Market market include

Industry Developments

Recent developments in the US Industrial Lubricants Market have indicated a significant growth trajectory, largely driven by advances in technology and increased demand for eco-friendly lubricants. Companies such as TotalEnergies and Valvoline are expanding their product portfolios to include greener alternatives, while ExxonMobil and Castrol are investing in Research and Development to enhance performance and efficiency. Notably, in August 2023, Houghton International announced a strategic partnership with a major automotive manufacturer to provide custom lubricants tailored to meet specific industry needs.

Furthermore, in September 2023, Chevron Phillips Chemical completed an acquisition of a specialty lubricant company to bolster its market position and diversify its offerings. The market valuation has been positively influenced by the rising emphasis on sustainability and performance requirements across various industrial sectors, resulting in increased competition among major players like Royal Dutch Shell and BP. Over the last two to three years, significant developments included the growth of lubricant consumption in industries such as automotive and manufacturing, alongside the introduction of stringent regulations aimed at reducing emissions, which further propels the innovation of eco-friendly lubricant solutions.

Future Outlook

US Industrial Lubricants Market Future Outlook

The industrial lubricants market is projected to grow at a 3.16% CAGR from 2024 to 2035, driven by technological advancements, increasing industrial activities, and sustainability initiatives.

New opportunities lie in:

  • Development of bio-based lubricants for eco-conscious industries.
  • Expansion of automated lubrication systems in manufacturing facilities.
  • Implementation of predictive maintenance solutions to optimize lubricant usage.

By 2035, the market is expected to achieve robust growth, driven by innovation and sustainability.

Market Segmentation

US Industrial Lubricants Market Application Outlook

  • Metalworking Fluids
  • Hydraulic Fluids
  • General Industrial Lubricants
  • Process Oils
  • Gear Oils

US Industrial Lubricants Market Product Form Outlook

  • Liquid
  • Grease
  • Paste
  • Gel

US Industrial Lubricants Market Base Oil Type Outlook

  • Mineral Oils
  • Synthetic Oils
  • Bio-Based Oils
  • Recycled Oils

US Industrial Lubricants Market End Use Industry Outlook

  • Manufacturing
  • Automotive
  • Aerospace
  • Energy
  • Construction

Report Scope

MARKET SIZE 202413.5(USD Billion)
MARKET SIZE 202513.93(USD Billion)
MARKET SIZE 203519.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)3.16% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies Profiled["ExxonMobil (US)", "Shell (GB)", "BP (GB)", "Chevron (US)", "TotalEnergies (FR)", "Fuchs Petrolub (DE)", "Castrol (GB)", "Sinopec (CN)", "Petrobras (BR)"]
Segments CoveredApplication, Base Oil Type, End Use Industry, Product Form
Key Market OpportunitiesAdoption of bio-based lubricants driven by sustainability regulations and consumer demand for eco-friendly products.
Key Market DynamicsTechnological advancements drive efficiency in industrial lubricants, influencing competitive dynamics and regulatory compliance.
Countries CoveredUS

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FAQs

What is the expected market size of the US Industrial Lubricants Market in 2024?

The US Industrial Lubricants Market is expected to be valued at 17.37 billion USD in 2024.

What will be the market size of the US Industrial Lubricants Market by 2035?

By 2035, the market is projected to reach a value of 25.67 billion USD.

What is the expected compound annual growth rate (CAGR) for the US Industrial Lubricants Market from 2025 to 2035?

The market is expected to grow at a CAGR of 3.615% from 2025 to 2035.

Which segment is anticipated to be the largest in the US Industrial Lubricants Market in 2024?

Hydraulic Lubricants is anticipated to be the largest segment, valued at 4.5 billion USD in 2024.

What will the value of Compressor Lubricants be in 2035?

The value of Compressor Lubricants is expected to rise to 3.7 billion USD by 2035.

Who are the key players in the US Industrial Lubricants Market?

TotalEnergies, Valvoline, ExxonMobil, Klueber Lubrication, Castrol, Royal Dutch Shell, Houghton International, Dyneon, BP, Fuchs Petrolub, Lukoil, Lithuania Oil, Chevron Phillips Chemical, Chevron

What is the market value for Gear Lubricants in 2024?

Gear Lubricants are valued at 3.0 billion USD in 2024.

What is the expected growth in the Metal Working Fluids segment from 2024 to 2035?

The Metal Working Fluids segment is expected to grow from 2.0 billion USD in 2024 to 2.6 billion USD by 2035.

How much will the Others segment grow by 2035?

The Others segment is projected to increase to 2.9 billion USD by 2035, up from 1.5 billion USD in 2024.

What are some key growth drivers for the US Industrial Lubricants Market?

Increasing industrial activities and the demand for efficient machinery are key growth drivers for the market.

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