
U.S. Industrial Lubricants Market Size, Share, Trends, & Industry Analysis Report By Base Oil Type (Mineral Oils, Synthetic Oils, Bio-Based Oils, and Recycled Oils), By Application, By End User, and By Country – Market Forecast, 2025–2034
Description
The U.S. industrial lubricants market size is expected to reach USD 10.37 Billion by 2034, according to a new study by Polaris Market Research. The report “U.S. Industrial Lubricants Market Share, Size, Trends, Industry Analysis Report: By Base Oil Type (Mineral Oils, Synthetic Oils, Bio-Based Oils, and Recycled Oils), By Application, By End User, and By Country; Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The demand for industrial lubricants in the U.S. is increasing due to their extensive use across manufacturing, energy, automotive, and construction sectors. Lubricants enhance equipment efficiency, minimize wear and tear, and extend machinery lifespan, making them essential for heavy-duty operations and continuous production cycles.
Market growth is driven by expanding renewable and conventional energy projects, strong industrial output, and rising demand for advanced formulations capable of withstanding extreme conditions. Additionally, growing investments in clean power, expansion of wind and solar capacity, and increasing focus on energy efficiency are supporting higher lubricant adoption across diverse end-use sectors.
U.S. Industrial Lubricants Market Report Highlights
Based on type, the synthetic segment is growing at the fastest CAGR by 2034, driven by its superior performance, thermal stability, and long drain intervals.
In terms of application, the metalworking fluids segment dominated the U.S. industrial lubricants market in 2024, driven by high demand from automotive and aerospace component production.
Based on end users, the energy segment is projected to grow at the fastest CAGR during the forecast period, fueled by renewable investments and demand for durable lubricants in power generation and exploration.
A few global key market players include ExxonMobil Corporation, Chevron Corporation, Royal Dutch Shell plc, BP p.l.c., Phillips 66 Company, Valvoline Inc., TotalEnergies SE, Petro-Canada Lubricants, Fuchs Petrolub SE, AMSOIL Inc., Idemitsu Kosan Co., Ltd., and Quaker Houghton.
Polaris Market Research has segmented the market report on the basis of base oil type, application, end user, and country:
By Base Oil Type Outlook (Revenue, USD Billion, 2020–2034)
Mineral Oils
Synthetic Oils
Bio-Based Oils
Recycled Oils Source
By Application Outlook (Revenue, USD Billion, 2020–2034)
Metalworking Fluids
Hydraulic Fluids
General Industrial Lubricants
Process Oils
Gear Oils
By End User Outlook (Revenue, USD Billion, 2020–2034)
Manufacturing
Automotive
Aerospace
Energy
Construction
The demand for industrial lubricants in the U.S. is increasing due to their extensive use across manufacturing, energy, automotive, and construction sectors. Lubricants enhance equipment efficiency, minimize wear and tear, and extend machinery lifespan, making them essential for heavy-duty operations and continuous production cycles.
Market growth is driven by expanding renewable and conventional energy projects, strong industrial output, and rising demand for advanced formulations capable of withstanding extreme conditions. Additionally, growing investments in clean power, expansion of wind and solar capacity, and increasing focus on energy efficiency are supporting higher lubricant adoption across diverse end-use sectors.
U.S. Industrial Lubricants Market Report Highlights
Based on type, the synthetic segment is growing at the fastest CAGR by 2034, driven by its superior performance, thermal stability, and long drain intervals.
In terms of application, the metalworking fluids segment dominated the U.S. industrial lubricants market in 2024, driven by high demand from automotive and aerospace component production.
Based on end users, the energy segment is projected to grow at the fastest CAGR during the forecast period, fueled by renewable investments and demand for durable lubricants in power generation and exploration.
A few global key market players include ExxonMobil Corporation, Chevron Corporation, Royal Dutch Shell plc, BP p.l.c., Phillips 66 Company, Valvoline Inc., TotalEnergies SE, Petro-Canada Lubricants, Fuchs Petrolub SE, AMSOIL Inc., Idemitsu Kosan Co., Ltd., and Quaker Houghton.
Polaris Market Research has segmented the market report on the basis of base oil type, application, end user, and country:
By Base Oil Type Outlook (Revenue, USD Billion, 2020–2034)
Mineral Oils
Synthetic Oils
Bio-Based Oils
Recycled Oils Source
By Application Outlook (Revenue, USD Billion, 2020–2034)
Metalworking Fluids
Hydraulic Fluids
General Industrial Lubricants
Process Oils
Gear Oils
By End User Outlook (Revenue, USD Billion, 2020–2034)
Manufacturing
Automotive
Aerospace
Energy
Construction
Table of Contents
125 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. U.S. Industrial Lubricants Market Insights
- 4.1. U.S. Industrial Lubricants Market – Market Snapshot
- 4.2. U.S. Industrial Lubricants Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Expansion of Automotive, Aerospace, And Energy Sectors
- 4.2.1.2. Sustainability Focus and Regulatory Compliance are Driving Demand for Bio-Based and Recyclable Lubricants
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Volatility in Crude Oil Prices and Stringent Regulatory Requirements
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. U.S. Industrial Lubricants Market Trends
- 4.6. Value Chain Analysis
- 5. U.S. Industrial Lubricants Market, by Base Oil type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. U.S. Industrial Lubricants Market, by Base Oil type, 2020-2034 (USD Billion)
- 5.3. Mineral Oils
- 5.3.1. U.S. Industrial Lubricants Market, by Mineral Oils, by Country, 2020-2034 (USD Billion)
- 5.4. Synthetic Oils
- 5.4.1. U.S. Industrial Lubricants Market, by Synthetic Oils, by Country, 2020-2034 (USD Billion)
- 5.5. Bio-Based Oils
- 5.5.1. U.S. Industrial Lubricants Market, by Bio-Based Oils, by Country, 2020-2034 (USD Billion)
- 5.6. Recycled Oils Source
- 5.6.1. U.S. Industrial Lubricants Market, by Recycled Oils Source, by Country, 2020-2034 (USD Billion)
- 6. U.S. Industrial Lubricants Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. U.S. Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
- 6.3. Metalworking Fluids
- 6.3.1. U.S. Industrial Lubricants Market, by Metalworking Fluids, by Country, 2020-2034 (USD Billion)
- 6.4. Hydraulic Fluids
- 6.4.1. U.S. Industrial Lubricants Market, by Hydraulic Fluids, by Country, 2020-2034 (USD Billion)
- 6.5. General Industrial Lubricants
- 6.5.1. U.S. Industrial Lubricants Market, by General Industrial Lubricants, by Country, 2020-2034 (USD Billion)
- 6.6. Process Oils
- 6.6.1. U.S. Industrial Lubricants Market, by Process Oils, by Country, 2020-2034 (USD Billion)
- 6.7. Gear Oils
- 6.7.1. U.S. Industrial Lubricants Market, by Gear Oils, by Country, 2020-2034 (USD Billion)
- 7. U.S. Industrial Lubricants Market, by End User
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. U.S. Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)
- 7.3. Manufacturing
- 7.3.1. U.S. Industrial Lubricants Market, by Manufacturing, by Country, 2020-2034 (USD Billion)
- 7.4. Automotive
- 7.4.1. U.S. Industrial Lubricants Market, by Automotive, by Country, 2020-2034 (USD Billion)
- 7.5. Aerospace
- 7.5.1. U.S. Industrial Lubricants Market, by Aerospace, by Country, 2020-2034 (USD Billion)
- 7.6. Energy
- 7.6.1. U.S. Industrial Lubricants Market, by Energy, by Country, 2020-2034 (USD Billion)
- 7.7. Construction
- 7.7.1. U.S. Industrial Lubricants Market, by Construction, by Country, 2020-2034 (USD Billion)
- 8. U.S. Industrial Lubricants Market, by Country
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. U.S. Industrial Lubricants Market Assessment, By Country, 2020-2034 (USD Billion)
- 8.2.2. U.S. Industrial Lubricants Market
- 8.2.2.1. U.S.: Industrial Lubricants Market, by Base Oil type, 2020-2034 (USD Billion)
- 8.2.2.2. U.S.: Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
- 8.2.2.3. U.S.: Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)
- 9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
- 10. Company Profiles
- 10.1. AMSOIL Inc.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. BP p.l.c.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Chevron Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. ExxonMobil Corporation
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Fuchs Petrolub SE
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Idemitsu Kosan Co., Ltd.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Petro-Canada Lubricants
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Phillips 66 Company
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Quaker Houghton
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Royal Dutch Shell plc
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. TotalEnergies SE
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Valvoline Inc.
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Q’Apel Medical, Inc.
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.