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Global Synthetic Lubricants Market Research Report 2025
Synopsis
The global market for Synthetic Lubricants was valued at US$ 63820 million in the year 2024 and is projected to reach a revised size of US$ 98570 million by 2031, growing at a CAGR of 6.5% during the forecast period.
Synthetic lubricants are a combination of synthetic base oil plus thickeners and additives that will give the grease or oil lubricant a number of performance advantages over conventional mineral based lubricants.
Synthetic lubricants are artificially made or synthesized from compounds found in other source, such as petroleum oil, gas, or reactions of acids and alcohols.
Commonly, synthetic lubricants can be classified as full-synthetic lubricants and semi-synthetic lubricants according to base oil used. In this report, both of the two kinds will be analyzed and counted.
Global Synthetic Lubricants key players include Exxon Mobil, Shell, BP Castrol, Chevron, Total, etc. Global top five manufacturers hold a share nearly 40%.
USA is the largest market, with a share about 40%, followed by China, and Europe, both have a share about 45 percent.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Synthetic Lubricants, 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 Synthetic Lubricants.
The Synthetic Lubricants market size, estimations, and forecasts are provided in terms of output/shipments (K Tonnes) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Synthetic Lubricants 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 Synthetic Lubricants 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
Shell
BP Castrol
Chevron
Total
Idemitsu Kosan
BASF
Fuchs
Ashland Valvoline
JX
Lukoil
Petronas
Chemtura
Amsoil
Pertamina
CNPC
Sinopec
Delian Group
Original Chemical
LOPAL
GAOKE PETROCHEMICAL
COPTON
by Type
Poly-alpha-olefin (PAO)
Poly-alkylene-glycol (PAG)
Di-basic acid ester (Di-Ester)
Polyol-Ester
Silicone
Others
by Application
Industrial Lubricants
Commercial Vehicles
Passenger Car
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
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 Synthetic Lubricants manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Synthetic Lubricants 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 Synthetic Lubricants 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 market for Synthetic Lubricants was valued at US$ 63820 million in the year 2024 and is projected to reach a revised size of US$ 98570 million by 2031, growing at a CAGR of 6.5% during the forecast period.
Synthetic lubricants are a combination of synthetic base oil plus thickeners and additives that will give the grease or oil lubricant a number of performance advantages over conventional mineral based lubricants.
Synthetic lubricants are artificially made or synthesized from compounds found in other source, such as petroleum oil, gas, or reactions of acids and alcohols.
Commonly, synthetic lubricants can be classified as full-synthetic lubricants and semi-synthetic lubricants according to base oil used. In this report, both of the two kinds will be analyzed and counted.
Global Synthetic Lubricants key players include Exxon Mobil, Shell, BP Castrol, Chevron, Total, etc. Global top five manufacturers hold a share nearly 40%.
USA is the largest market, with a share about 40%, followed by China, and Europe, both have a share about 45 percent.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Synthetic Lubricants, 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 Synthetic Lubricants.
The Synthetic Lubricants market size, estimations, and forecasts are provided in terms of output/shipments (K Tonnes) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Synthetic Lubricants 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 Synthetic Lubricants 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
Shell
BP Castrol
Chevron
Total
Idemitsu Kosan
BASF
Fuchs
Ashland Valvoline
JX
Lukoil
Petronas
Chemtura
Amsoil
Pertamina
CNPC
Sinopec
Delian Group
Original Chemical
LOPAL
GAOKE PETROCHEMICAL
COPTON
by Type
Poly-alpha-olefin (PAO)
Poly-alkylene-glycol (PAG)
Di-basic acid ester (Di-Ester)
Polyol-Ester
Silicone
Others
by Application
Industrial Lubricants
Commercial Vehicles
Passenger Car
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
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 Synthetic Lubricants manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Synthetic Lubricants 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 Synthetic Lubricants 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 Synthetic Lubricants Market Overview
1.1 Product Definition
1.2 Synthetic Lubricants by Type
1.2.1 Global Synthetic Lubricants Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Poly-alpha-olefin (PAO)
1.2.3 Poly-alkylene-glycol (PAG)
1.2.4 Di-basic acid ester (Di-Ester)
1.2.5 Polyol-Ester
1.2.6 Silicone
1.2.7 Others
1.3 Synthetic Lubricants by Application
1.3.1 Global Synthetic Lubricants Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Industrial Lubricants
1.3.3 Commercial Vehicles
1.3.4 Passenger Car
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Synthetic Lubricants Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Synthetic Lubricants Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Synthetic Lubricants Production Estimates and Forecasts (2020-2031)
1.4.4 Global Synthetic Lubricants Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Synthetic Lubricants Production Market Share by Manufacturers (2020-2025)
2.2 Global Synthetic Lubricants Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Synthetic Lubricants, Industry Ranking, 2023 VS 2024
2.4 Global Synthetic Lubricants Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Synthetic Lubricants Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Synthetic Lubricants, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Synthetic Lubricants, Product Offered and Application
2.8 Global Key Manufacturers of Synthetic Lubricants, Date of Enter into This Industry
2.9 Synthetic Lubricants Market Competitive Situation and Trends
2.9.1 Synthetic Lubricants Market Concentration Rate
2.9.2 Global 5 and 10 Largest Synthetic Lubricants Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Synthetic Lubricants Production by Region
3.1 Global Synthetic Lubricants Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Synthetic Lubricants Production Value by Region (2020-2031)
3.2.1 Global Synthetic Lubricants Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Synthetic Lubricants by Region (2026-2031)
3.3 Global Synthetic Lubricants Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Synthetic Lubricants Production Volume by Region (2020-2031)
3.4.1 Global Synthetic Lubricants Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Synthetic Lubricants by Region (2026-2031)
3.5 Global Synthetic Lubricants Market Price Analysis by Region (2020-2025)
3.6 Global Synthetic Lubricants Production and Value, Year-over-Year Growth
3.6.1 North America Synthetic Lubricants Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Synthetic Lubricants Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Synthetic Lubricants Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Synthetic Lubricants Production Value Estimates and Forecasts (2020-2031)
4 Synthetic Lubricants Consumption by Region
4.1 Global Synthetic Lubricants Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Synthetic Lubricants Consumption by Region (2020-2031)
4.2.1 Global Synthetic Lubricants Consumption by Region (2020-2025)
4.2.2 Global Synthetic Lubricants Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Synthetic Lubricants Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Synthetic Lubricants Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Synthetic Lubricants Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Synthetic Lubricants Consumption by Country (2020-2031)
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 Synthetic Lubricants Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Synthetic Lubricants Consumption by Region (2020-2031)
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 Synthetic Lubricants Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Synthetic Lubricants Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Synthetic Lubricants Production by Type (2020-2031)
5.1.1 Global Synthetic Lubricants Production by Type (2020-2025)
5.1.2 Global Synthetic Lubricants Production by Type (2026-2031)
5.1.3 Global Synthetic Lubricants Production Market Share by Type (2020-2031)
5.2 Global Synthetic Lubricants Production Value by Type (2020-2031)
5.2.1 Global Synthetic Lubricants Production Value by Type (2020-2025)
5.2.2 Global Synthetic Lubricants Production Value by Type (2026-2031)
5.2.3 Global Synthetic Lubricants Production Value Market Share by Type (2020-2031)
5.3 Global Synthetic Lubricants Price by Type (2020-2031)
6 Segment by Application
6.1 Global Synthetic Lubricants Production by Application (2020-2031)
6.1.1 Global Synthetic Lubricants Production by Application (2020-2025)
6.1.2 Global Synthetic Lubricants Production by Application (2026-2031)
6.1.3 Global Synthetic Lubricants Production Market Share by Application (2020-2031)
6.2 Global Synthetic Lubricants Production Value by Application (2020-2031)
6.2.1 Global Synthetic Lubricants Production Value by Application (2020-2025)
6.2.2 Global Synthetic Lubricants Production Value by Application (2026-2031)
6.2.3 Global Synthetic Lubricants Production Value Market Share by Application (2020-2031)
6.3 Global Synthetic Lubricants Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Exxon Mobil
7.1.1 Exxon Mobil Synthetic Lubricants Company Information
7.1.2 Exxon Mobil Synthetic Lubricants Product Portfolio
7.1.3 Exxon Mobil Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Exxon Mobil Main Business and Markets Served
7.1.5 Exxon Mobil Recent Developments/Updates
7.2 Shell
7.2.1 Shell Synthetic Lubricants Company Information
7.2.2 Shell Synthetic Lubricants Product Portfolio
7.2.3 Shell Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Shell Main Business and Markets Served
7.2.5 Shell Recent Developments/Updates
7.3 BP Castrol
7.3.1 BP Castrol Synthetic Lubricants Company Information
7.3.2 BP Castrol Synthetic Lubricants Product Portfolio
7.3.3 BP Castrol Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.3.4 BP Castrol Main Business and Markets Served
7.3.5 BP Castrol Recent Developments/Updates
7.4 Chevron
7.4.1 Chevron Synthetic Lubricants Company Information
7.4.2 Chevron Synthetic Lubricants Product Portfolio
7.4.3 Chevron Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Chevron Main Business and Markets Served
7.4.5 Chevron Recent Developments/Updates
7.5 Total
7.5.1 Total Synthetic Lubricants Company Information
7.5.2 Total Synthetic Lubricants Product Portfolio
7.5.3 Total Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Total Main Business and Markets Served
7.5.5 Total Recent Developments/Updates
7.6 Idemitsu Kosan
7.6.1 Idemitsu Kosan Synthetic Lubricants Company Information
7.6.2 Idemitsu Kosan Synthetic Lubricants Product Portfolio
7.6.3 Idemitsu Kosan Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Idemitsu Kosan Main Business and Markets Served
7.6.5 Idemitsu Kosan Recent Developments/Updates
7.7 BASF
7.7.1 BASF Synthetic Lubricants Company Information
7.7.2 BASF Synthetic Lubricants Product Portfolio
7.7.3 BASF Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.7.4 BASF Main Business and Markets Served
7.7.5 BASF Recent Developments/Updates
7.8 Fuchs
7.8.1 Fuchs Synthetic Lubricants Company Information
7.8.2 Fuchs Synthetic Lubricants Product Portfolio
7.8.3 Fuchs Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Fuchs Main Business and Markets Served
7.8.5 Fuchs Recent Developments/Updates
7.9 Ashland Valvoline
7.9.1 Ashland Valvoline Synthetic Lubricants Company Information
7.9.2 Ashland Valvoline Synthetic Lubricants Product Portfolio
7.9.3 Ashland Valvoline Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Ashland Valvoline Main Business and Markets Served
7.9.5 Ashland Valvoline Recent Developments/Updates
7.10 JX
7.10.1 JX Synthetic Lubricants Company Information
7.10.2 JX Synthetic Lubricants Product Portfolio
7.10.3 JX Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.10.4 JX Main Business and Markets Served
7.10.5 JX Recent Developments/Updates
7.11 Lukoil
7.11.1 Lukoil Synthetic Lubricants Company Information
7.11.2 Lukoil Synthetic Lubricants Product Portfolio
7.11.3 Lukoil Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Lukoil Main Business and Markets Served
7.11.5 Lukoil Recent Developments/Updates
7.12 Petronas
7.12.1 Petronas Synthetic Lubricants Company Information
7.12.2 Petronas Synthetic Lubricants Product Portfolio
7.12.3 Petronas Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Petronas Main Business and Markets Served
7.12.5 Petronas Recent Developments/Updates
7.13 Chemtura
7.13.1 Chemtura Synthetic Lubricants Company Information
7.13.2 Chemtura Synthetic Lubricants Product Portfolio
7.13.3 Chemtura Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Chemtura Main Business and Markets Served
7.13.5 Chemtura Recent Developments/Updates
7.14 Amsoil
7.14.1 Amsoil Synthetic Lubricants Company Information
7.14.2 Amsoil Synthetic Lubricants Product Portfolio
7.14.3 Amsoil Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Amsoil Main Business and Markets Served
7.14.5 Amsoil Recent Developments/Updates
7.15 Pertamina
7.15.1 Pertamina Synthetic Lubricants Company Information
7.15.2 Pertamina Synthetic Lubricants Product Portfolio
7.15.3 Pertamina Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Pertamina Main Business and Markets Served
7.15.5 Pertamina Recent Developments/Updates
7.16 CNPC
7.16.1 CNPC Synthetic Lubricants Company Information
7.16.2 CNPC Synthetic Lubricants Product Portfolio
7.16.3 CNPC Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.16.4 CNPC Main Business and Markets Served
7.16.5 CNPC Recent Developments/Updates
7.17 Sinopec
7.17.1 Sinopec Synthetic Lubricants Company Information
7.17.2 Sinopec Synthetic Lubricants Product Portfolio
7.17.3 Sinopec Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Sinopec Main Business and Markets Served
7.17.5 Sinopec Recent Developments/Updates
7.18 Delian Group
7.18.1 Delian Group Synthetic Lubricants Company Information
7.18.2 Delian Group Synthetic Lubricants Product Portfolio
7.18.3 Delian Group Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Delian Group Main Business and Markets Served
7.18.5 Delian Group Recent Developments/Updates
7.19 Original Chemical
7.19.1 Original Chemical Synthetic Lubricants Company Information
7.19.2 Original Chemical Synthetic Lubricants Product Portfolio
7.19.3 Original Chemical Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.19.4 Original Chemical Main Business and Markets Served
7.19.5 Original Chemical Recent Developments/Updates
7.20 LOPAL
7.20.1 LOPAL Synthetic Lubricants Company Information
7.20.2 LOPAL Synthetic Lubricants Product Portfolio
7.20.3 LOPAL Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.20.4 LOPAL Main Business and Markets Served
7.20.5 LOPAL Recent Developments/Updates
7.21 GAOKE PETROCHEMICAL
7.21.1 GAOKE PETROCHEMICAL Synthetic Lubricants Company Information
7.21.2 GAOKE PETROCHEMICAL Synthetic Lubricants Product Portfolio
7.21.3 GAOKE PETROCHEMICAL Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.21.4 GAOKE PETROCHEMICAL Main Business and Markets Served
7.21.5 GAOKE PETROCHEMICAL Recent Developments/Updates
7.22 COPTON
7.22.1 COPTON Synthetic Lubricants Company Information
7.22.2 COPTON Synthetic Lubricants Product Portfolio
7.22.3 COPTON Synthetic Lubricants Production, Value, Price and Gross Margin (2020-2025)
7.22.4 COPTON Main Business and Markets Served
7.22.5 COPTON Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Synthetic Lubricants Industry Chain Analysis
8.2 Synthetic Lubricants Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Synthetic Lubricants Production Mode & Process Analysis
8.4 Synthetic Lubricants Sales and Marketing
8.4.1 Synthetic Lubricants Sales Channels
8.4.2 Synthetic Lubricants Distributors
8.5 Synthetic Lubricants Customer Analysis
9 Synthetic Lubricants Market Dynamics
9.1 Synthetic Lubricants Industry Trends
9.2 Synthetic Lubricants Market Drivers
9.3 Synthetic Lubricants Market Challenges
9.4 Synthetic Lubricants Market Restraints
10 Research Findings 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
List of TablesList of Tables
Table 1. Global Synthetic Lubricants Market Value by Type, (US$ Million) & (2024 VS 2031)
Table 2. Global Synthetic Lubricants Market Value by Application, (US$ Million) & (2024 VS 2031)
Table 3. Global Synthetic Lubricants Production Capacity (K Tonnes) by Manufacturers in 2024
Table 4. Global Synthetic Lubricants Production by Manufacturers (2020-2025) & (K Tonnes)
Table 5. Global Synthetic Lubricants Production Market Share by Manufacturers (2020-2025)
Table 6. Global Synthetic Lubricants Production Value by Manufacturers (2020-2025) & (US$ Million)
Table 7. Global Synthetic Lubricants Production Value Share by Manufacturers (2020-2025)
Table 8. Global Key Players of Synthetic Lubricants, Industry Ranking, 2023 VS 2024
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Synthetic Lubricants as of 2024)
Table 10. Global Market Synthetic Lubricants Average Price by Manufacturers (USD/Tonne) & (2020-2025)
Table 11. Global Key Manufacturers of Synthetic Lubricants, Manufacturing Base Distribution and Headquarters
Table 12. Global Key Manufacturers of Synthetic Lubricants, Product Offered and Application
Table 13. Global Key Manufacturers of Synthetic Lubricants, Date of Enter into This Industry
Table 14. Global Synthetic Lubricants Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Synthetic Lubricants Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Synthetic Lubricants Production Value (US$ Million) by Region (2020-2025)
Table 18. Global Synthetic Lubricants Production Value Market Share by Region (2020-2025)
Table 19. Global Synthetic Lubricants Production Value (US$ Million) Forecast by Region (2026-2031)
Table 20. Global Synthetic Lubricants Production Value Market Share Forecast by Region (2026-2031)
Table 21. Global Synthetic Lubricants Production Comparison by Region: 2020 VS 2024 VS 2031 (K Tonnes)
Table 22. Global Synthetic Lubricants Production (K Tonnes) by Region (2020-2025)
Table 23. Global Synthetic Lubricants Production Market Share by Region (2020-2025)
Table 24. Global Synthetic Lubricants Production (K Tonnes) Forecast by Region (2026-2031)
Table 25. Global Synthetic Lubricants Production Market Share Forecast by Region (2026-2031)
Table 26. Global Synthetic Lubricants Market Average Price (USD/Tonne) by Region (2020-2025)
Table 27. Global Synthetic Lubricants Market Average Price (USD/Tonne) by Region (2026-2031)
Table 28. Global Synthetic Lubricants Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Tonnes)
Table 29. Global Synthetic Lubricants Consumption by Region (2020-2025) & (K Tonnes)
Table 30. Global Synthetic Lubricants Consumption Market Share by Region (2020-2025)
Table 31. Global Synthetic Lubricants Forecasted Consumption by Region (2026-2031) & (K Tonnes)
Table 32. Global Synthetic Lubricants Forecasted Consumption Market Share by Region (2026-2031)
Table 33. North America Synthetic Lubricants Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Tonnes)
Table 34. North America Synthetic Lubricants Consumption by Country (2020-2025) & (K Tonnes)
Table 35. North America Synthetic Lubricants Consumption by Country (2026-2031) & (K Tonnes)
Table 36. Europe Synthetic Lubricants Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Tonnes)
Table 37. Europe Synthetic Lubricants Consumption by Country (2020-2025) & (K Tonnes)
Table 38. Europe Synthetic Lubricants Consumption by Country (2026-2031) & (K Tonnes)
Table 39. Asia Pacific Synthetic Lubricants Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Tonnes)
Table 40. Asia Pacific Synthetic Lubricants Consumption by Region (2020-2025) & (K Tonnes)
Table 41. Asia Pacific Synthetic Lubricants Consumption by Region (2026-2031) & (K Tonnes)
Table 42. Latin America, Middle East & Africa Synthetic Lubricants Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Tonnes)
Table 43. Latin America, Middle East & Africa Synthetic Lubricants Consumption by Country (2020-2025) & (K Tonnes)
Table 44. Latin America, Middle East & Africa Synthetic Lubricants Consumption by Country (2026-2031) & (K Tonnes)
Table 45. Global Synthetic Lubricants Production (K Tonnes) by Type (2020-2025)
Table 46. Global Synthetic Lubricants Production (K Tonnes) by Type (2026-2031)
Table 47. Global Synthetic Lubricants Production Market Share by Type (2020-2025)
Table 48. Global Synthetic Lubricants Production Market Share by Type (2026-2031)
Table 49. Global Synthetic Lubricants Production Value (US$ Million) by Type (2020-2025)
Table 50. Global Synthetic Lubricants Production Value (US$ Million) by Type (2026-2031)
Table 51. Global Synthetic Lubricants Production Value Market Share by Type (2020-2025)
Table 52. Global Synthetic Lubricants Production Value Market Share by Type (2026-2031)
Table 53. Global Synthetic Lubricants Price (USD/Tonne) by Type (2020-2025)
Table 54. Global Synthetic Lubricants Price (USD/Tonne) by Type (2026-2031)
Table 55. Global Synthetic Lubricants Production (K Tonnes) by Application (2020-2025)
Table 56. Global Synthetic Lubricants Production (K Tonnes) by Application (2026-2031)
Table 57. Global Synthetic Lubricants Production Market Share by Application (2020-2025)
Table 58. Global Synthetic Lubricants Production Market Share by Application (2026-2031)
Table 59. Global Synthetic Lubricants Production Value (US$ Million) by Application (2020-2025)
Table 60. Global Synthetic Lubricants Production Value (US$ Million) by Application (2026-2031)
Table 61. Global Synthetic Lubricants Production Value Market Share by Application (2020-2025)
Table 62. Global Synthetic Lubricants Production Value Market Share by Application (2026-2031)
Table 63. Global Synthetic Lubricants Price (USD/Tonne) by Application (2020-2025)
Table 64. Global Synthetic Lubricants Price (USD/Tonne) by Application (2026-2031)
Table 65. Exxon Mobil Synthetic Lubricants Company Information
Table 66. Exxon Mobil Synthetic Lubricants Specification and Application
Table 67. Exxon Mobil Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 68. Exxon Mobil Main Business and Markets Served
Table 69. Exxon Mobil Recent Developments/Updates
Table 70. Shell Synthetic Lubricants Company Information
Table 71. Shell Synthetic Lubricants Specification and Application
Table 72. Shell Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 73. Shell Main Business and Markets Served
Table 74. Shell Recent Developments/Updates
Table 75. BP Castrol Synthetic Lubricants Company Information
Table 76. BP Castrol Synthetic Lubricants Specification and Application
Table 77. BP Castrol Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 78. BP Castrol Main Business and Markets Served
Table 79. BP Castrol Recent Developments/Updates
Table 80. Chevron Synthetic Lubricants Company Information
Table 81. Chevron Synthetic Lubricants Specification and Application
Table 82. Chevron Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 83. Chevron Main Business and Markets Served
Table 84. Chevron Recent Developments/Updates
Table 85. Total Synthetic Lubricants Company Information
Table 86. Total Synthetic Lubricants Specification and Application
Table 87. Total Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 88. Total Main Business and Markets Served
Table 89. Total Recent Developments/Updates
Table 90. Idemitsu Kosan Synthetic Lubricants Company Information
Table 91. Idemitsu Kosan Synthetic Lubricants Specification and Application
Table 92. Idemitsu Kosan Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 93. Idemitsu Kosan Main Business and Markets Served
Table 94. Idemitsu Kosan Recent Developments/Updates
Table 95. BASF Synthetic Lubricants Company Information
Table 96. BASF Synthetic Lubricants Specification and Application
Table 97. BASF Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 98. BASF Main Business and Markets Served
Table 99. BASF Recent Developments/Updates
Table 100. Fuchs Synthetic Lubricants Company Information
Table 101. Fuchs Synthetic Lubricants Specification and Application
Table 102. Fuchs Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 103. Fuchs Main Business and Markets Served
Table 104. Fuchs Recent Developments/Updates
Table 105. Ashland Valvoline Synthetic Lubricants Company Information
Table 106. Ashland Valvoline Synthetic Lubricants Specification and Application
Table 107. Ashland Valvoline Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 108. Ashland Valvoline Main Business and Markets Served
Table 109. Ashland Valvoline Recent Developments/Updates
Table 110. JX Synthetic Lubricants Company Information
Table 111. JX Synthetic Lubricants Specification and Application
Table 112. JX Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 113. JX Main Business and Markets Served
Table 114. JX Recent Developments/Updates
Table 115. Lukoil Synthetic Lubricants Company Information
Table 116. Lukoil Synthetic Lubricants Specification and Application
Table 117. Lukoil Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 118. Lukoil Main Business and Markets Served
Table 119. Lukoil Recent Developments/Updates
Table 120. Petronas Synthetic Lubricants Company Information
Table 121. Petronas Synthetic Lubricants Specification and Application
Table 122. Petronas Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 123. Petronas Main Business and Markets Served
Table 124. Petronas Recent Developments/Updates
Table 125. Chemtura Synthetic Lubricants Company Information
Table 126. Chemtura Synthetic Lubricants Specification and Application
Table 127. Chemtura Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 128. Chemtura Main Business and Markets Served
Table 129. Chemtura Recent Developments/Updates
Table 130. Amsoil Synthetic Lubricants Company Information
Table 131. Amsoil Synthetic Lubricants Specification and Application
Table 132. Amsoil Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 133. Amsoil Main Business and Markets Served
Table 134. Amsoil Recent Developments/Updates
Table 135. Pertamina Synthetic Lubricants Company Information
Table 136. Pertamina Synthetic Lubricants Specification and Application
Table 137. Pertamina Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 138. Pertamina Main Business and Markets Served
Table 139. Pertamina Recent Developments/Updates
Table 140. CNPC Synthetic Lubricants Company Information
Table 141. CNPC Synthetic Lubricants Specification and Application
Table 142. CNPC Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 143. CNPC Main Business and Markets Served
Table 144. CNPC Recent Developments/Updates
Table 145. Sinopec Synthetic Lubricants Company Information
Table 146. Sinopec Synthetic Lubricants Specification and Application
Table 147. Sinopec Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 148. Sinopec Main Business and Markets Served
Table 149. Sinopec Recent Developments/Updates
Table 150. Delian Group Synthetic Lubricants Company Information
Table 151. Delian Group Synthetic Lubricants Specification and Application
Table 152. Delian Group Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 153. Delian Group Main Business and Markets Served
Table 154. Delian Group Recent Developments/Updates
Table 155. Original Chemical Synthetic Lubricants Company Information
Table 156. Original Chemical Synthetic Lubricants Specification and Application
Table 157. Original Chemical Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 158. Original Chemical Main Business and Markets Served
Table 159. Original Chemical Recent Developments/Updates
Table 160. LOPAL Synthetic Lubricants Company Information
Table 161. LOPAL Synthetic Lubricants Specification and Application
Table 162. LOPAL Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 163. LOPAL Main Business and Markets Served
Table 164. LOPAL Recent Developments/Updates
Table 165. GAOKE PETROCHEMICAL Synthetic Lubricants Company Information
Table 166. GAOKE PETROCHEMICAL Synthetic Lubricants Specification and Application
Table 167. GAOKE PETROCHEMICAL Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 168. GAOKE PETROCHEMICAL Main Business and Markets Served
Table 169. GAOKE PETROCHEMICAL Recent Developments/Updates
Table 170. COPTON Synthetic Lubricants Company Information
Table 171. COPTON Synthetic Lubricants Specification and Application
Table 172. COPTON Synthetic Lubricants Production (K Tonnes), Value (US$ Million), Price (USD/Tonne) and Gross Margin (2020-2025)
Table 173. COPTON Main Business and Markets Served
Table 174. COPTON Recent Developments/Updates
Table 175. Key Raw Materials Lists
Table 176. Raw Materials Key Suppliers Lists
Table 177. Synthetic Lubricants Distributors List
Table 178. Synthetic Lubricants Customers List
Table 179. Synthetic Lubricants Market Trends
Table 180. Synthetic Lubricants Market Drivers
Table 181. Synthetic Lubricants Market Challenges
Table 182. Synthetic Lubricants Market Restraints
Table 183. Research Programs/Design for This Report
Table 184. Key Data Information from Secondary Sources
Table 185. Key Data Information from Primary Sources
Table 186. Authors List of This Report
List of Figures
Figure 1. Product Picture of Synthetic Lubricants
Figure 2. Global Synthetic Lubricants Market Value by Type, (US$ Million) & (2020-2031)
Figure 3. Global Synthetic Lubricants Market Share by Type: 2024 VS 2031
Figure 4. Poly-alpha-olefin (PAO) Product Picture
Figure 5. Poly-alkylene-glycol (PAG) Product Picture
Figure 6. Di-basic acid ester (Di-Ester) Product Picture
Figure 7. Polyol-Ester Product Picture
Figure 8. Silicone Product Picture
Figure 9. Others Product Picture
Figure 10. Global Synthetic Lubricants Market Value by Application, (US$ Million) & (2020-2031)
Figure 11. Global Synthetic Lubricants Market Share by Application: 2024 VS 2031
Figure 12. Industrial Lubricants
Figure 13. Commercial Vehicles
Figure 14. Passenger Car
Figure 15. Others
Figure 16. Global Synthetic Lubricants Production Value (US$ Million), 2020 VS 2024 VS 2031
Figure 17. Global Synthetic Lubricants Production Value (US$ Million) & (2020-2031)
Figure 18. Global Synthetic Lubricants Production Capacity (K Tonnes) & (2020-2031)
Figure 19. Global Synthetic Lubricants Production (K Tonnes) & (2020-2031)
Figure 20. Global Synthetic Lubricants Average Price (USD/Tonne) & (2020-2031)
Figure 21. Synthetic Lubricants Report Years Considered
Figure 22. Synthetic Lubricants Production Share by Manufacturers in 2024
Figure 23. Global Synthetic Lubricants Production Value Share by Manufacturers (2024)
Figure 24. Synthetic Lubricants Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 25. The Global 5 and 10 Largest Players: Market Share by Synthetic Lubricants Revenue in 2024
Figure 26. Global Synthetic Lubricants Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 27. Global Synthetic Lubricants Production Value Market Share by Region: 2020 VS 2024 VS 2031
Figure 28. Global Synthetic Lubricants Production Comparison by Region: 2020 VS 2024 VS 2031 (K Tonnes)
Figure 29. Global Synthetic Lubricants Production Market Share by Region: 2020 VS 2024 VS 2031
Figure 30. North America Synthetic Lubricants Production Value (US$ Million) Growth Rate (2020-2031)
Figure 31. Europe Synthetic Lubricants Production Value (US$ Million) Growth Rate (2020-2031)
Figure 32. China Synthetic Lubricants Production Value (US$ Million) Growth Rate (2020-2031)
Figure 33. Japan Synthetic Lubricants Production Value (US$ Million) Growth Rate (2020-2031)
Figure 34. Global Synthetic Lubricants Consumption by Region: 2020 VS 2024 VS 2031 (K Tonnes)
Figure 35. Global Synthetic Lubricants Consumption Market Share by Region: 2020 VS 2024 VS 2031
Figure 36. North America Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 37. North America Synthetic Lubricants Consumption Market Share by Country (2020-2031)
Figure 38. U.S. Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 39. Canada Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 40. Europe Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 41. Europe Synthetic Lubricants Consumption Market Share by Country (2020-2031)
Figure 42. Germany Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 43. France Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 44. U.K. Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 45. Italy Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 46. Russia Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 47. Asia Pacific Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 48. Asia Pacific Synthetic Lubricants Consumption Market Share by Region (2020-2031)
Figure 49. China Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 50. Japan Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 51. South Korea Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 52. China Taiwan Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 53. Southeast Asia Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 54. India Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 55. Latin America, Middle East & Africa Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 56. Latin America, Middle East & Africa Synthetic Lubricants Consumption Market Share by Country (2020-2031)
Figure 57. Mexico Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 58. Brazil Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 59. Turkey Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 60. GCC Countries Synthetic Lubricants Consumption and Growth Rate (2020-2031) & (K Tonnes)
Figure 61. Global Production Market Share of Synthetic Lubricants by Type (2020-2031)
Figure 62. Global Production Value Market Share of Synthetic Lubricants by Type (2020-2031)
Figure 63. Global Synthetic Lubricants Price (USD/Tonne) by Type (2020-2031)
Figure 64. Global Production Market Share of Synthetic Lubricants by Application (2020-2031)
Figure 65. Global Production Value Market Share of Synthetic Lubricants by Application (2020-2031)
Figure 66. Global Synthetic Lubricants Price (USD/Tonne) by Application (2020-2031)
Figure 67. Synthetic Lubricants Value Chain
Figure 68. Channels of Distribution (Direct Vs Distribution)
Figure 69. Bottom-up and Top-down Approaches for This Report
Figure 70. Data Triangulation
Published By : QY Research
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