info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

US Construction Lubricants Market Research Report: By Base Oil (Mineral Oil, Synthetic Oil) - Forecast to 2035


ID: MRFR/CnM/15788-HCR | 100 Pages | Author: MRFR Research Team| December 2023


US Construction Lubricants Market Overview:


As per MRFR analysis, the US Construction Lubricants Market Size was estimated at 90.57 (USD Billion) in 2023. The US Construction Lubricants Market Industry is expected to grow from 96(USD Billion) in 2024 to 180 (USD Billion) by 2035. The US Construction Lubricants Market CAGR (growth rate) is expected to be around 5.881% during the forecast period (2025 - 2035).


Key US Construction Lubricants Market Trends Highlighted


The US construction lubricants market is witnessing significant trends driven by increasing construction activities and a growing emphasis on sustainability. One of the key market drivers is the expansion of infrastructure investments across the country, supported by various government initiatives to improve roads, bridges, and public transportation. This surge in infrastructure projects boosts the demand for high-performance lubricants that can withstand tough operating conditions and enhance the efficiency of construction machinery. Opportunities to be explored include the rising adoption of biodegradable and eco-friendly lubricants, prompted by tightening regulations on environmental sustainability and the push for greener practices within the construction sector.As contractors face increasing scrutiny regarding their environmental impact, there is a growing market for lubricants that align with sustainability goals. Trends in recent times reveal a shift towards advanced synthetic lubricants that offer better performance and longer service life compared to traditional lubricants. Moreover, the integration of technology in monitoring lubricant performance is gaining traction, allowing for more efficient maintenance practices and less downtime in construction operations. Additionally, with the escalation of construction projects across urban areas, there is an increased focus on reducing noise pollution and enhancing safety on job sites, which further drives the demand for specialized lubricants.Overall, the US construction lubricants market is evolving, with a strong alignment towards sustainable practices, technological advancement, and increased operational efficiency.

US Construction Lubricants Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Construction Lubricants Market Drivers

Rising Construction Activities in the US


The US Construction Lubricants Market is poised for significant growth due to a resurgence in construction activities across the nation. According to the US Census Bureau, the total construction spending in the US reached approximately 1.5 trillion USD in 2021, with forecasts suggesting that it will grow at a rate of 5% annually through 2025. This increase is driven by heightened investments in residential, commercial, and infrastructure projects, which require advanced lubricants for machinery and equipment.Established organizations like the American Society of Civil Engineers (ASCE) have reported that infrastructure investment is projected to create about 1.5 million jobs by 2024. Therefore, the rising demand for lubricants in construction equipment, such as cranes, bulldozers, and excavators, directly correlates with the growing construction spending in the US, advancing the overall market for construction lubricants.


Technological Advancements in Lubricants


Innovation in lubricant formulations, such as the development of bio-based and synthetic lubricants, is a significant driver within the US Construction Lubricants Market. The National Association of Manufacturers (NAM) has indicated that advancements in chemical engineering have led to the rise of these advanced lubricant products, which are not only environmentally friendly but also enhance the efficiency of machinery. These lubricants are known to provide better protection, reduce wear and tear, and extend equipment life, ultimately leading to cost savings.As more constructors recognize the benefits of using high-performance lubricants, their adoption in the construction sector is expected to accelerate, promoting market growth.


Increasing Regulations on Environmental Sustainability


With a growing emphasis on environmental sustainability, the US government and industry bodies are implementing regulations that promote the use of eco-friendly products. The US Environmental Protection Agency (EPA) has introduced several guidelines aimed at reducing the environmental impact of construction activities, which include the use of environmentally-safe lubricants. In response to these regulations, construction firms are more inclined to invest in eco-friendly lubricants that comply with government standards.As a result, the US Construction Lubricants Market is witnessing a transformative shift toward sustainable options, substantially driving growth.


Growing Demand for Preventive Maintenance


Preventive maintenance practices are gaining traction within the construction industry, which significantly impacts the demand for lubricants. According to industry reports, adopting a preventive maintenance strategy can reduce machine downtime by up to 30%, leading to increased productivity. The Construction Industry Institute (CII) emphasizes that regular maintenance, which includes the use of appropriate lubricants, is critical to ensuring equipment reliability and longevity.As construction companies in the US increasingly focus on minimizing operational disruptions, the demand for high-quality lubricants to support maintenance efforts is expected to rise, driving growth within the US Construction Lubricants Market.

US Construction Lubricants Market Segment Insights:

Construction Lubricants Market Base Oil Insights



The Base Oil segment within the US Construction Lubricants Market plays a crucial role in the performance and efficiency of lubricants used in various construction applications. This segment is primarily divided into Mineral Oil and Synthetic Oil, each offering distinct advantages that cater to the diverse needs of the industry. Mineral Oil has been a traditional choice due to its availability and cost-effectiveness, making it suitable for many standard applications. Its properties such as high lubricity and adequate thermal stability make it a reliable option, especially in heavy machinery and equipment where durability is paramount. On the other hand, Synthetic Oil has gained traction due to its superior performance characteristics, including enhanced temperature stability and resistance to oxidation, which are essential for high-demand applications. As machinery in the construction sector operates under extreme conditions, the use of Synthetic Oil can lead to improved efficiency and longer equipment lifespan, reducing maintenance costs in the long run. The importance of these Base Oil types is evident in their ongoing innovations, driven by the increasing demands for sustainability and efficiency in the construction industry. The rising trend towards eco-friendly materials has led to advancements in the development of bio-based and recycled oils, providing opportunities for growth in the segment. Furthermore, government regulations promoting energy efficiency and reducing environmental impact are encouraging the adoption of more advanced lubricants, thereby boosting the market for Synthetic Oil. As the US construction industry continues to expand, supported by significant infrastructure projects and private investments, the Base Oil segment is expected to evolve, focusing on performance, sustainability, and meeting stringent industry standards. Overall, both Mineral Oil and Synthetic Oil hold significant positions in the market, adapting to the changing landscape while contributing to the overall efficiency and reliability of construction machinery and equipment.


US Construction Lubricants Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

US Construction Lubricants Market Key Players and Competitive Insights:


The US Construction Lubricants Market is characterized by intense competition driven by the rapidly evolving needs of the construction industry, such as the growing emphasis on efficiency, sustainability, and equipment longevity. Various players in this market are increasingly focusing on innovation and the development of advanced lubrication solutions to address specific challenges faced in construction activities. Key factors influencing this sector include the demand for high-performance lubricants that enhance the operational efficiency of heavy machinery, reduce wear and tear, and minimize environmental impact. As companies vie for market share, understanding competitive dynamics, consumer preferences, and regulatory frameworks becomes critical for success in this industry.TotalEnergies stands as a formidable player in the US Construction Lubricants Market, leveraging its extensive experience and a robust product portfolio to cater to the diverse lubrication needs of construction professionals. The company's strengths lie in its commitment to sustainability and innovation, allowing it to develop eco-friendly lubricants that not only meet stringent environmental regulations but also enhance equipment performance. TotalEnergies emphasizes high-quality products that demonstrate excellent protection against wear, corrosion, and oxidation, thus appealing to clients who prioritize equipment longevity and reliability. Furthermore, the company has positioned itself strategically across various regions, ensuring a strong distribution network that facilitates easy access to its offerings while fostering strong relationships with customers in the construction sector.Valvoline is another prominent entity within the US Construction Lubricants Market, recognized for its specialized product range tailored to meet the unique demands of construction machinery. The company offers a variety of lubricants, including hydraulic fluids, greases, and engine oils, which are formulated to enhance performance under demanding conditions. Valvoline's market presence is bolstered by its strong brand recognition and a legacy of trust among contractors and construction firms. The company's innovative approach extends to its extensive research and development efforts, allowing it to introduce cutting-edge products that address specific lubrication challenges. Valvoline has also pursued strategic mergers and acquisitions to expand its market reach and capabilities, further solidifying its position within the industry. By focusing on customer needs and maintaining a commitment to quality, Valvoline continues to strengthen its foothold in the US Construction Lubricants Market.


Key Companies in the US Construction Lubricants Market Include:

TotalEnergies


Valvoline


Shell


ExxonMobil


Castrol


BASF


Idemitsu Kosan


Suncor Energy


BP


Lubrizol


Fuchs Petrolub


Cargill


Rangely Oil


Chevron


US Construction Lubricants Market Industry Developments


In recent months, the US Construction Lubricants Market has seen significant developments, particularly with companies like TotalEnergies and Shell ramping up their sustainability initiatives by launching bio-based lubricants, showcasing a commitment to environmental concerns. Valvoline has reported an increase in demand for high-performance lubricants due to rising construction activities, while ExxonMobil continues to invest heavily in Research and Development to enhance product performance. In terms of mergers and acquisitions, it has been reported that BP's acquisition of a leading specialty lubricants company in the US was finalized in July 2023, strengthening its position in the construction sector. BASF has also announced a strategic partnership with Lubrizol in August 2023 to co-develop innovative lubricants for heavy machinery. The growing demand for efficient, environmentally friendly lubricants is significantly impacting the market, with projections indicating a market valuation increase driven by ongoing construction projects across the US. Historical trends show that from 2021 to 2022, the market experienced a CAGR of approximately 5 percent due to infrastructure investments from federal and state governments, demonstrating the critical role of lubricants in maintaining equipment efficiency and longevity.


US Construction Lubricants Market Segmentation Insights

Construction Lubricants Market Base Oil Outlook


Mineral Oil


Synthetic Oil

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 90.57(USD Billion)
MARKET SIZE 2024 96.0(USD Billion)
MARKET SIZE 2035 180.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 5.881% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED TotalEnergies, Valvoline, Shell, ExxonMobil, Castrol, BASF, Idemitsu Kosan, Suncor Energy, BP, Lubrizol, Fuchs Petrolub, Cargill, Rangely Oil, Chevron
SEGMENTS COVERED Base Oil
KEY MARKET OPPORTUNITIES Rapid infrastructure development projects, Growth in eco-friendly lubricants, Increased equipment reliability demand, Adoption of advanced lubrication technologies, Expansion of construction activities in urban areas
KEY MARKET DYNAMICS Technological advancements, Environmental regulations, Rising infrastructure projects, Increased equipment efficiency, Cost fluctuations in raw materials
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Construction Lubricants Market is expected to be valued at 96.0 USD Billion in 2024.

By 2035, the US Construction Lubricants Market is projected to reach a value of 180.0 USD Billion.

The expected CAGR for the US Construction Lubricants Market from 2025 to 2035 is 5.881%.

Key players in the US Construction Lubricants Market include TotalEnergies, Valvoline, Shell, ExxonMobil, and Castrol among others.

The market size for Mineral Oil in the US Construction Lubricants Market is valued at 56.0 USD Billion in 2024.

The expected market size for Synthetic Oil in the US Construction Lubricants Market is 72.0 USD Billion by 2035.

Key growth drivers for the US Construction Lubricants Market include increasing construction activities and demand for efficient lubrication solutions.

The growth rate for segments such as Mineral Oil and Synthetic Oil is forecasted to remain steady with significant contributions in the overall market growth.

Challenges such as fluctuating raw material prices and environmental regulations could impact the US Construction Lubricants Market during the forecast period.

The current global scenario may create shifts in supply chains and influence market dynamics in the US Construction Lubricants Market.

Leading companies partner with us for data-driven Insights.

clients

Kindly complete the form below to receive a free sample of this Report

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

report-img
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.