Biodegradable lubricants, also known as environmentally friendly lubricants or eco-lubricants, are lubricants that are designed to minimize environmental impact during their use and disposal. These lubricants are formulated using biodegradable base oils and additives that break down naturally in the environment over time, reducing their persistence and potential harm to ecosystems.
According to our (Global Info Research) latest study, the global Biodegradable Lubricants market size was valued at US$ 974 million in 2023 and is forecast to a readjusted size of USD 1169 million by 2030 with a CAGR of 2.8% during review period.
Global key players of Biodegradable Lubricants include Fuchs, Shell, ExxonMobil, TotalEnergies, BP, etc. The top five players hold a share about 48%. North America is the largest market, and has a share about 43%, followed by Europe and Asia-Pacific with share 35% and 12%, separately. In terms of product type, Synthetic Oil is the largest segment, occupied for a share of 72%. In terms of application, Agriculture has a share about 22 percent.
This report is a detailed and comprehensive analysis for global Biodegradable Lubricants market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Biodegradable Lubricants market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Biodegradable Lubricants market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Biodegradable Lubricants market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Biodegradable Lubricants market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Biodegradable Lubricants
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Biodegradable Lubricants market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Fuchs, Shell, ExxonMobil, TotalEnergies, BP, Chevron, Valvoline, Environmental Lubricants Manufacturing, CONDAT, Quaker Houghton, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Biodegradable Lubricants market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Vegetable Oil
Synthetic Oil
Market segment by Application
Agriculture
Forestry
Machinery
Marine
Construction
Others
Major players covered
Fuchs
Shell
ExxonMobil
TotalEnergies
BP
Chevron
Valvoline
Environmental Lubricants Manufacturing
CONDAT
Quaker Houghton
RSC Bio Solutions
Interlube
Renewable Lubricants
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Biodegradable Lubricants product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Biodegradable Lubricants, with price, sales quantity, revenue, and global market share of Biodegradable Lubricants from 2019 to 2024.
Chapter 3, the Biodegradable Lubricants competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Biodegradable Lubricants breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Biodegradable Lubricants market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Biodegradable Lubricants.
Chapter 14 and 15, to describe Biodegradable Lubricants sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Biodegradable Lubricants. Industry analysis & Market Report on Biodegradable Lubricants is a syndicated market report, published as Global Biodegradable Lubricants Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Biodegradable Lubricants market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.