Global Machine Tool Lubricants and Greases Market Growth 2025-2031

The global Machine Tool Lubricants and Greases market size is predicted to grow from US$ 1279 million in 2025 to US$ 1622 million in 2031; it is expected to grow at a CAGR of 4.0% from 2025 to 2031.

Machine tool lubricants and greases are essential for ensuring the smooth operation, longevity, and performance of machining equipment. These lubricants reduce friction, prevent wear, and protect against corrosion, all while maintaining the stability of moving parts under high-speed and high-pressure conditions.

The global machine tool market is highly competitive, with key players in Japan, China, Germany, and the United States. Each country has unique strengths in machine tool manufacturing and consumption.

Japan is known for its advanced precision and high-tech machine tools, with companies like FANUC, Mitsubishi Electric, and Yamazaki Mazak leading the market. The country emphasizes automation, robotics, and high-quality manufacturing, making it a major exporter of machine tools worldwide.

China, the largest manufacturing hub, has seen rapid growth in the machine tool industry, driven by its expanding industrial sector and domestic demand. The Chinese government’s initiatives to modernize manufacturing through "Made in China 2025" have accelerated the development of local machine tool manufacturers, although high-end products are still often imported.

Germany is renowned for its engineering expertise and high-precision machine tools. Companies like DMG Mori and Trumpf dominate the market, focusing on innovation, automation, and high-quality production. Germany’s machine tool industry is characterized by its strong presence in automotive and aerospace sectors.

The United States has a significant machine tool market, with manufacturers such as Haas Automation and DMG Mori USA. While the market is somewhat smaller compared to others, the U.S. excels in machine tool consumption, particularly in defense, automotive, and aerospace industries.

In summary, Japan, China, Germany, and the U.S. all have strong machine tool markets, each with distinct advantages in manufacturing, consumption, and technological innovation.

Machine Tool Lubricants and Greases manufacturers range from large multinational corporations to small privately owned companies in this industry. The leading players are Shell, Exxon Mobil and FUCHS, etc. is remarkable in the global Machine Tool Lubricants and Greases industry because of their market share and demand status of Machine Tool Lubricants and Greases.The top five manufacturers held 56.58% of the market, in terms of Machine Tool Lubricants and Greases revenue in 2024.

Different types of machine tools, such as lathes, milling machines, grinders, CNC machine tools, etc., have different performance requirements for lubricants. According to the characteristics and working conditions of various machine tools, customized lubricant products are developed to meet their specific lubrication, cooling, rust prevention and other needs, and improve the performance and processing quality of machine tools. For some special processing technologies, such as high-speed cutting, hard cutting, dry cutting, etc., it is necessary to develop special lubricants that are suitable for them. These lubricants should have special properties, such as high extreme pressure, good cooling performance, low friction coefficient, etc., to ensure the smooth progress of the processing process and improve the processing accuracy.

LP Information, Inc. (LPI) ' newest research report, the “Machine Tool Lubricants and Greases Industry Forecast” looks at past sales and reviews total world Machine Tool Lubricants and Greases sales in 2024, providing a comprehensive analysis by region and market sector of projected Machine Tool Lubricants and Greases sales for 2025 through 2031. With Machine Tool Lubricants and Greases sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Machine Tool Lubricants and Greases industry.

This Insight Report provides a comprehensive analysis of the global Machine Tool Lubricants and Greases landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Machine Tool Lubricants and Greases portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Machine Tool Lubricants and Greases market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Machine Tool Lubricants and Greases and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Machine Tool Lubricants and Greases.

This report presents a comprehensive overview, market shares, and growth opportunities of Machine Tool Lubricants and Greases market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Mineral Lubricants and Greases
Synthesis Lubricants and Greases
Bio-based Lubricants and Greases

Segmentation by Application:
Milling Machine
Lathe
Grinder
Drill Press
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Shell
Exxon Mobile
Total
FUCHS Group
Chevron
China National Petroleum Corporation
Eni Oil Products
Castrol
Sinopec Lubricants
Repsol
ENEOS Corporation
Klueber
Zeller+Gmelin
Idemitsu Kosan Co.,Ltd.
Petro-Canada Lubricants
Indian Oil Corporation Ltd
Tongyi Oil
GOC Petrochemicals Private Limited
Zhongxun
ELDON'S
Wolf Oil Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Machine Tool Lubricants and Greases market?

What factors are driving Machine Tool Lubricants and Greases market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Machine Tool Lubricants and Greases market opportunities vary by end market size?

How does Machine Tool Lubricants and Greases break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.