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Global Lubricating Base Oil Market Research Report 2025
Synopsis
The global Lubricating Base Oil market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Lubricating Base Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Lubricating Base Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Lubricating Base Oil include Exxon Mobil Corporation, Chevron Corporation, China Petroleum Corporation (Sinopec Group), Petroliam Nasional Berhad (Petronas), MOGoil GmbH, GS Caltex Corporation, Royal Dutch Shell Plc, PetroChina Company Limited and Philips 66 Company, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Lubricating Base Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lubricating Base Oil.
Report Scope
The Lubricating Base Oil market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lubricating Base Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lubricating Base Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Exxon Mobil Corporation
Chevron Corporation
China Petroleum Corporation (Sinopec Group)
Petroliam Nasional Berhad (Petronas)
MOGoil GmbH
GS Caltex Corporation
Royal Dutch Shell Plc
PetroChina Company Limited
Philips 66 Company
S-Oil Corporation
SK Lubricants
Indian Oil
British Petroleum
Neste Oil
Segment by Type
Mineral Base Oil
Synthetic Base Oil
Biological Base Oil
Segment by Application
Low Viscosity Oil
High Viscosity Oil
Ultra High Viscosity Oil
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lubricating Base Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lubricating Base Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lubricating Base Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Lubricating Base Oil market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Lubricating Base Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Lubricating Base Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Lubricating Base Oil include Exxon Mobil Corporation, Chevron Corporation, China Petroleum Corporation (Sinopec Group), Petroliam Nasional Berhad (Petronas), MOGoil GmbH, GS Caltex Corporation, Royal Dutch Shell Plc, PetroChina Company Limited and Philips 66 Company, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Lubricating Base Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lubricating Base Oil.
Report Scope
The Lubricating Base Oil market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lubricating Base Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lubricating Base Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Exxon Mobil Corporation
Chevron Corporation
China Petroleum Corporation (Sinopec Group)
Petroliam Nasional Berhad (Petronas)
MOGoil GmbH
GS Caltex Corporation
Royal Dutch Shell Plc
PetroChina Company Limited
Philips 66 Company
S-Oil Corporation
SK Lubricants
Indian Oil
British Petroleum
Neste Oil
Segment by Type
Mineral Base Oil
Synthetic Base Oil
Biological Base Oil
Segment by Application
Low Viscosity Oil
High Viscosity Oil
Ultra High Viscosity Oil
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lubricating Base Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lubricating Base Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lubricating Base Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Lubricating Base Oil Market Overview
1.1 Product Definition
1.2 Lubricating Base Oil Segment by Type
1.2.1 Global Lubricating Base Oil Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Mineral Base Oil
1.2.3 Synthetic Base Oil
1.2.4 Biological Base Oil
1.3 Lubricating Base Oil Segment by Application
1.3.1 Global Lubricating Base Oil Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Low Viscosity Oil
1.3.3 High Viscosity Oil
1.3.4 Ultra High Viscosity Oil
1.4 Global Market Growth Prospects
1.4.1 Global Lubricating Base Oil Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Lubricating Base Oil Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Lubricating Base Oil Production Estimates and Forecasts (2019-2030)
1.4.4 Global Lubricating Base Oil Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lubricating Base Oil Production Market Share by Manufacturers (2019-2024)
2.2 Global Lubricating Base Oil Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Lubricating Base Oil, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Lubricating Base Oil Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Lubricating Base Oil Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Lubricating Base Oil, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lubricating Base Oil, Product Offered and Application
2.8 Global Key Manufacturers of Lubricating Base Oil, Date of Enter into This Industry
2.9 Lubricating Base Oil Market Competitive Situation and Trends
2.9.1 Lubricating Base Oil Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lubricating Base Oil Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lubricating Base Oil Production by Region
3.1 Global Lubricating Base Oil Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Lubricating Base Oil Production Value by Region (2019-2030)
3.2.1 Global Lubricating Base Oil Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Lubricating Base Oil by Region (2025-2030)
3.3 Global Lubricating Base Oil Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Lubricating Base Oil Production by Region (2019-2030)
3.4.1 Global Lubricating Base Oil Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Lubricating Base Oil by Region (2025-2030)
3.5 Global Lubricating Base Oil Market Price Analysis by Region (2019-2024)
3.6 Global Lubricating Base Oil Production and Value, Year-over-Year Growth
3.6.1 North America Lubricating Base Oil Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Lubricating Base Oil Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Lubricating Base Oil Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Lubricating Base Oil Production Value Estimates and Forecasts (2019-2030)
4 Lubricating Base Oil Consumption by Region
4.1 Global Lubricating Base Oil Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Lubricating Base Oil Consumption by Region (2019-2030)
4.2.1 Global Lubricating Base Oil Consumption by Region (2019-2024)
4.2.2 Global Lubricating Base Oil Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Lubricating Base Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Lubricating Base Oil Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lubricating Base Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Lubricating Base Oil Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Lubricating Base Oil Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Lubricating Base Oil Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Lubricating Base Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Lubricating Base Oil Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Lubricating Base Oil Production by Type (2019-2030)
5.1.1 Global Lubricating Base Oil Production by Type (2019-2024)
5.1.2 Global Lubricating Base Oil Production by Type (2025-2030)
5.1.3 Global Lubricating Base Oil Production Market Share by Type (2019-2030)
5.2 Global Lubricating Base Oil Production Value by Type (2019-2030)
5.2.1 Global Lubricating Base Oil Production Value by Type (2019-2024)
5.2.2 Global Lubricating Base Oil Production Value by Type (2025-2030)
5.2.3 Global Lubricating Base Oil Production Value Market Share by Type (2019-2030)
5.3 Global Lubricating Base Oil Price by Type (2019-2030)
6 Segment by Application
6.1 Global Lubricating Base Oil Production by Application (2019-2030)
6.1.1 Global Lubricating Base Oil Production by Application (2019-2024)
6.1.2 Global Lubricating Base Oil Production by Application (2025-2030)
6.1.3 Global Lubricating Base Oil Production Market Share by Application (2019-2030)
6.2 Global Lubricating Base Oil Production Value by Application (2019-2030)
6.2.1 Global Lubricating Base Oil Production Value by Application (2019-2024)
6.2.2 Global Lubricating Base Oil Production Value by Application (2025-2030)
6.2.3 Global Lubricating Base Oil Production Value Market Share by Application (2019-2030)
6.3 Global Lubricating Base Oil Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Exxon Mobil Corporation
7.1.1 Exxon Mobil Corporation Lubricating Base Oil Corporation Information
7.1.2 Exxon Mobil Corporation Lubricating Base Oil Product Portfolio
7.1.3 Exxon Mobil Corporation Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Exxon Mobil Corporation Main Business and Markets Served
7.1.5 Exxon Mobil Corporation Recent Developments/Updates
7.2 Chevron Corporation
7.2.1 Chevron Corporation Lubricating Base Oil Corporation Information
7.2.2 Chevron Corporation Lubricating Base Oil Product Portfolio
7.2.3 Chevron Corporation Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Chevron Corporation Main Business and Markets Served
7.2.5 Chevron Corporation Recent Developments/Updates
7.3 China Petroleum Corporation (Sinopec Group)
7.3.1 China Petroleum Corporation (Sinopec Group) Lubricating Base Oil Corporation Information
7.3.2 China Petroleum Corporation (Sinopec Group) Lubricating Base Oil Product Portfolio
7.3.3 China Petroleum Corporation (Sinopec Group) Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.3.4 China Petroleum Corporation (Sinopec Group) Main Business and Markets Served
7.3.5 China Petroleum Corporation (Sinopec Group) Recent Developments/Updates
7.4 Petroliam Nasional Berhad (Petronas)
7.4.1 Petroliam Nasional Berhad (Petronas) Lubricating Base Oil Corporation Information
7.4.2 Petroliam Nasional Berhad (Petronas) Lubricating Base Oil Product Portfolio
7.4.3 Petroliam Nasional Berhad (Petronas) Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Petroliam Nasional Berhad (Petronas) Main Business and Markets Served
7.4.5 Petroliam Nasional Berhad (Petronas) Recent Developments/Updates
7.5 MOGoil GmbH
7.5.1 MOGoil GmbH Lubricating Base Oil Corporation Information
7.5.2 MOGoil GmbH Lubricating Base Oil Product Portfolio
7.5.3 MOGoil GmbH Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.5.4 MOGoil GmbH Main Business and Markets Served
7.5.5 MOGoil GmbH Recent Developments/Updates
7.6 GS Caltex Corporation
7.6.1 GS Caltex Corporation Lubricating Base Oil Corporation Information
7.6.2 GS Caltex Corporation Lubricating Base Oil Product Portfolio
7.6.3 GS Caltex Corporation Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.6.4 GS Caltex Corporation Main Business and Markets Served
7.6.5 GS Caltex Corporation Recent Developments/Updates
7.7 Royal Dutch Shell Plc
7.7.1 Royal Dutch Shell Plc Lubricating Base Oil Corporation Information
7.7.2 Royal Dutch Shell Plc Lubricating Base Oil Product Portfolio
7.7.3 Royal Dutch Shell Plc Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Royal Dutch Shell Plc Main Business and Markets Served
7.7.5 Royal Dutch Shell Plc Recent Developments/Updates
7.8 PetroChina Company Limited
7.8.1 PetroChina Company Limited Lubricating Base Oil Corporation Information
7.8.2 PetroChina Company Limited Lubricating Base Oil Product Portfolio
7.8.3 PetroChina Company Limited Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.8.4 PetroChina Company Limited Main Business and Markets Served
7.7.5 PetroChina Company Limited Recent Developments/Updates
7.9 Philips 66 Company
7.9.1 Philips 66 Company Lubricating Base Oil Corporation Information
7.9.2 Philips 66 Company Lubricating Base Oil Product Portfolio
7.9.3 Philips 66 Company Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Philips 66 Company Main Business and Markets Served
7.9.5 Philips 66 Company Recent Developments/Updates
7.10 S-Oil Corporation
7.10.1 S-Oil Corporation Lubricating Base Oil Corporation Information
7.10.2 S-Oil Corporation Lubricating Base Oil Product Portfolio
7.10.3 S-Oil Corporation Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.10.4 S-Oil Corporation Main Business and Markets Served
7.10.5 S-Oil Corporation Recent Developments/Updates
7.11 SK Lubricants
7.11.1 SK Lubricants Lubricating Base Oil Corporation Information
7.11.2 SK Lubricants Lubricating Base Oil Product Portfolio
7.11.3 SK Lubricants Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.11.4 SK Lubricants Main Business and Markets Served
7.11.5 SK Lubricants Recent Developments/Updates
7.12 Indian Oil
7.12.1 Indian Oil Lubricating Base Oil Corporation Information
7.12.2 Indian Oil Lubricating Base Oil Product Portfolio
7.12.3 Indian Oil Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Indian Oil Main Business and Markets Served
7.12.5 Indian Oil Recent Developments/Updates
7.13 British Petroleum
7.13.1 British Petroleum Lubricating Base Oil Corporation Information
7.13.2 British Petroleum Lubricating Base Oil Product Portfolio
7.13.3 British Petroleum Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.13.4 British Petroleum Main Business and Markets Served
7.13.5 British Petroleum Recent Developments/Updates
7.14 Neste Oil
7.14.1 Neste Oil Lubricating Base Oil Corporation Information
7.14.2 Neste Oil Lubricating Base Oil Product Portfolio
7.14.3 Neste Oil Lubricating Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Neste Oil Main Business and Markets Served
7.14.5 Neste Oil Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Lubricating Base Oil Industry Chain Analysis
8.2 Lubricating Base Oil Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lubricating Base Oil Production Mode & Process
8.4 Lubricating Base Oil Sales and Marketing
8.4.1 Lubricating Base Oil Sales Channels
8.4.2 Lubricating Base Oil Distributors
8.5 Lubricating Base Oil Customers
9 Lubricating Base Oil Market Dynamics
9.1 Lubricating Base Oil Industry Trends
9.2 Lubricating Base Oil Market Drivers
9.3 Lubricating Base Oil Market Challenges
9.4 Lubricating Base Oil Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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