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    US Lubricants Market

    ID: MRFR/CnM/13069-HCR
    111 Pages
    Chitranshi Jaiswal
    October 2025

    U.S. Lubricants Market Research Report: By Type (Mineral Oil, Bio-based, Synthetic Lubricants) and By Applications (Industrial, Automotive, Marine, Construction, Others) - Forecast to 2035.

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    US Lubricants Market Infographic
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    US Lubricants Market Summary

    The United States lubricants market is projected to grow from 29.1 USD billion in 2024 to 38.0 USD billion by 2035.

    Key Market Trends & Highlights

    US Lubricants Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 2.45 percent from 2025 to 2035.
    • By 2035, the lubricants market in the United States is anticipated to reach a valuation of 38.0 USD billion.
    • In 2024, the market valuation stands at 29.1 USD billion, indicating a steady growth trajectory.
    • Growing adoption of advanced lubrication technologies due to increasing industrial activities is a major market driver.

    Market Size & Forecast

    2024 Market Size 29.1 (USD Billion)
    2035 Market Size 38.0 (USD Billion)
    CAGR (2025-2035) 2.45%

    Major Players

    Chevron, Valvoline, TotalEnergies, BP, Phillips 66, Dow Chemical, Castrol, Lukoil, Fuchs Petrolub, Schaeffer Manufacturing, Hammond Group, Shell, Lubro Moly, ExxonMobil

    US Lubricants Market Trends

    The lubricants market in the US is currently witnessing significant trends influenced by various factors. A key factor influencing the market is the increasing emphasis on sustainability and eco-friendly products. This transition is clear as both consumers and industries are placing greater emphasis on bio-based and synthetic lubricants that minimize environmental impact. The United States has enacted a range of regulations that encourage the adoption of these products, leading manufacturers to enhance and diversify their environmentally friendly options. Furthermore, the progression within the automotive sector is playing a significant role in shaping market advancements.

    With the advancement of vehicles, there is an increasing need for high-performance lubricants that improve efficiency and comply with strict specifications. The shift towards electric vehicles is transforming lubricant needs, presenting opportunities for products specifically designed for these emerging technologies. Recently, there has been an increasing focus on multifunctional lubricants that provide improved efficiency and cost-effectiveness. These lubricants fulfill various functions across different industries, minimizing the necessity for multiple products and streamlining companies' inventory management.

    Furthermore, the integration of digitalization and IoT technologies in machinery and equipment is resulting in more intelligent lubricant solutions that enhance performance and lower maintenance expenses. The US market offers significant growth opportunities across multiple sectors, particularly in manufacturing and construction, where there is an increasing demand for industrial lubricants. The continuous investments in infrastructure projects nationwide are anticipated to enhance the demand for dependable lubrication solutions, highlighting this as a vital sector for manufacturers to investigate.

    The current state of the US lubricants market showcases a complex interplay of technological progress, regulatory changes, and shifting consumer preferences, offering both challenges and opportunities for those involved in the industry.

    Market Segment Insights

    US Lubricants Market Segment Insights:

    US Lubricants Market Segment Insights:

    Lubricants Market Type Insights  

    Lubricants Market Type Insights  

    The US Lubricants Market has seen substantial growth and diversification, with the Type segment playing a pivotal role in shaping overall market dynamics. The types of lubricants can be broadly categorized into Mineral Oil, Bio-based, and Synthetic Lubricants. Mineral oil lubricants derived from refining crude oil have historically dominated the market due to their availability and cost-effectiveness. Their properties make them suitable for a wide range of applications, from automotive to industrial machinery. In contrast, Bio-based lubricants are gaining traction due to the growing demand for environmentally friendly product alternatives.

    As consumers and industries become more environmentally conscious, bio-based lubricants present an opportunity for sustainable solutions while offering adequate performance. Synthetic lubricants represent another critical aspect of this segment, delivering superior performance and longevity compared to their traditional counterparts. This segment appeals to high-performance and technologically advanced applications, such as in aerospace and high-end automotive markets. The flexibility and diverse applications of these lubricant types contribute to the US Lubricants Market segmentation, addressing specific industry needs and market trends. The increasing number of stringent regulations regarding environmental impact is driving the growth of both Bio-based and Synthetic Lubricants.

    Furthermore, as manufacturers focus on innovations to enhance product efficiency, the demand for each of these lubricant types is expected to evolve dynamically, paving the way for an integrated approach to lubricants in various sectors. Knowledge of the US Lubricants Market data reveals a continuous effort to balance cost and sustainability as industries adapt to emerging environmental standards while still seeking high-performance solutions.

    The advancements in production technologies and formulations are also likely to play a crucial role as the market evolves, highlighting the significance of each type while emphasizing how they contribute to the overall market growth, ensuring a robust and varied offering for consumers across the United States.

    Lubricants Market Applications Insights  

    Lubricants Market Applications Insights  

    The Applications segment of the US Lubricants Market plays a crucial role in overall industry dynamics, catering to various sectors, including Industrial, Automotive, Marine, Construction, and Others. This market segment has shown significant resilience and adaptability in responding to changing technology and regulatory frameworks. The Automotive sector is particularly noteworthy, driven by increasing vehicle production and the demand for advanced lubricants to enhance fuel efficiency and extend engine life. Meanwhile, the Industrial segment continues to grow due to rising automation and the need for efficient machinery operations, highlighting its importance in maintaining productivity across various industries.

    The Marine sector, although smaller, is essential for ensuring the operational efficiency of vessels, especially with stringent environmental regulations pushing for cleaner alternatives. The Construction sector also relies heavily on high-performance lubricants to reduce equipment downtime and ensure longevity, reflecting the demand for efficient operations in infrastructure projects. Among the remaining sectors, the Others category encompasses diverse applications that are equally important for maintaining equipment functionality. Collectively, these applications not only drive US Lubricants Market revenue but also suggest favorable opportunities for innovation and sustainability within the industry, aligning with broader trends in environmental responsibility.

    Get more detailed insights about US Lubricants Market

    Key Players and Competitive Insights

    The US Lubricants Market is an essential segment of the larger automotive and industrial sectors, characterized by a diverse range of products designed to reduce friction and wear in machinery and vehicles, thus enhancing efficiency and longevity. The competitive landscape in this market is shaped by several key factors, including technological advancements, consumer preferences, regulatory standards, and the economic environment. Major players in this space leverage innovation, marketing strategies, and distribution networks to capture market share and respond to competitive pressures.

    The market exhibits a dynamic interplay between traditional lubricant formulations and the growing demand for high-performance and sustainable alternatives, which drives ongoing competition among established and emerging companies alike. Chevron stands out in the US Lubricants Market due to its extensive experience and robust brand recognition. The company has effectively leveraged its technical expertise and innovation to deliver high-quality lubricants that meet the diverse needs of automotive, industrial, and commercial customers. Chevron's comprehensive product lineup includes dedicated lines for motor oils, transmission fluids, and specialty lubricants, offering tailored solutions for various applications.

    The company's strong distribution network and strategic partnerships enable it to access a wide customer base, thereby reinforcing its market presence. Additionally, Chevron's commitment to sustainability and performance, along with its investments in research and development, position it as a reliable choice for customers seeking effective and environmentally friendly lubrication solutions. Valvoline is another prominent player in the US Lubricants Market, known for its variety of products that cater to both consumer and commercial segments. The company offers a range of engine oils, transmission fluids, and other specialty lubricants that emphasize performance and protection.

    Valvoline's market presence is enhanced by its strong retail partnerships and a robust network of quick lube franchises, making its products readily available to consumers nationwide. The company's strengths lie in its focus on quality, innovation, and customer service, which are reflected in its loyal customer base. Valvoline has also been active in strategic mergers and acquisitions to bolster its market position, expanding its product offerings and enhancing its competitive edge. By continuously adapting to market trends and customer needs, Valvoline ensures its relevance in an evolving industry landscape.

    Key Companies in the US Lubricants Market market include

    Industry Developments

    The US Lubricants Market has witnessed significant developments recently, including a focus on sustainability and innovation from major players such as Chevron, Valvoline, and Shell. Companies are increasingly investing in eco-friendly lubricant formulations to cater to more stringent environmental regulations and consumer preferences. As of September 2023, Valvoline has expanded its product range with a new line of bio-based lubricants, aiming to reduce carbon footprints. Furthermore, Phillips 66 is exploring new technologies to enhance lubricant performance while maintaining compliance with evolving industry standards.

    In terms of mergers and acquisitions, TotalEnergies announced the acquisition of a minority stake in a US lubricant company in July 2023, enhancing its portfolio in the region. Market valuation for major companies looks promising, with ExxonMobil and BP reporting strong growth driven by increased demand for high-performance lubricants across various sectors, including automotive and industrial. Over the past few years, the market has also seen a rise in the adoption of synthetic lubricants, with a notable increase in usage starting as early as March 2022, attributed to advancements in formulation technology and consumer awareness about benefits over conventional products.

    Market Segmentation

    Lubricants Market Type Outlook

    • Mineral Oil
    • Bio-based
    • Synthetic Lubricants

    Lubricants Market Applications Outlook

    • Industrial
    • Automotive
    • Marine
    • Construction
    • Others

    Report Scope

    Report Attribute/Metric Details
    Market Size 2018 27.38(USD Billion)
    Market Size 2024 29.13(USD Billion)
    Market Size 2035 38.03(USD Billion)
    Compound Annual Growth Rate (CAGR) 2.2% (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 Chevron, Valvoline, TotalEnergies, BP, Phillips 66, Dow Chemical, Castrol, Lukoil, Fuchs Petrolub, Schaeffer Manufacturing, Hammond Group, Shell, Lubro Moly, ExxonMobil
    Segments Covered Type, Applications
    Key Market Opportunities Synthetic lubricants demand growth, Bio-based lubricants innovation, Automotive EV lubricant solutions, Expansion in industrial applications, Eco-friendly lubricants regulations compliance
    Key Market Dynamics the growing automotive sector, increasing industrial applications, sustainability trends, technological advancements, fluctuating crude oil prices
    Countries Covered US

    FAQs

    What is the expected market size of the US Lubricants Market in 2024?

    The US Lubricants Market is expected to be valued at 29.13 USD Billion in 2024.

    What is the projected market value of the US Lubricants Market by 2035?

    By 2035, the US Lubricants Market is projected to reach a value of 38.03 USD Billion.

    What is the expected compound annual growth rate (CAGR) for the US Lubricants Market from 2025 to 2035?

    The expected CAGR for the US Lubricants Market from 2025 to 2035 is 2.2%.

    Which segment is anticipated to dominate the US Lubricants Market in terms of value in 2024?

    The Mineral Oil segment is anticipated to dominate the market with a value of 12.5 USD Billion in 2024.

    What will be the market value for Synthetic Lubricants in 2035?

    The market value for Synthetic Lubricants is expected to be 13.73 USD Billion in 2035.

    Who are the key players operating in the US Lubricants Market?

    Key players in the market include Chevron, Valvoline, TotalEnergies, BP, and Phillips 66.

    What is the anticipated value of the Bio-based lubricants segment in 2024?

    The Bio-based lubricants segment is anticipated to be valued at 7.0 USD Billion in 2024.

    How much is the Mineral Oil segment expected to grow by 2035?

    The Mineral Oil segment is expected to grow to 15.8 USD Billion by 2035.

    What are some emerging trends in the US Lubricants Market?

    Emerging trends include a shift towards bio-based lubricants and increased focus on sustainability.

    What challenges are currently faced by the US Lubricants Market?

    Challenges include fluctuating raw material prices and stringent environmental regulations affecting production.

    What is the expected market size for the US lubricants market in 2024?

    The US lubricants market is expected to be valued at 33.0 billion USD in 2024.

    What is the projected market value for the US lubricants market by 2035?

    By 2035, the US lubricants market is projected to reach a value of 42.0 billion USD.

    What is the expected CAGR for the US lubricants market from 2025 to 2035?

    The expected compound annual growth rate for the US lubricants market from 2025 to 2035 is 2.217%.

    Which segment dominates the US lubricants market in terms of value?

    The mineral oil segment is expected to be the largest, valued at 15.0 billion USD in 2024 and increasing to 19.0 billion USD by 2035.

    Who are the key players in the US lubricants market?

    Major players in the US lubricants market include TotalEnergies, Valvoline, Shell, ExxonMobil, and Fuchs.

    What will be the market value of bio-based lubricants in 2024?

    Bio-based lubricants are expected to be valued at 8.0 billion USD in 2024.

    How much is the market for synthetic lubricants expected to grow by 2035?

    The market for synthetic lubricants is projected to grow from 10.0 billion USD in 2024 to 12.5 billion USD by 2035.

    What are the key applications driving the growth of the US lubricants market?

    Key applications include automotive, industrial machinery, and commercial transportation.

    What are emerging trends in the US lubricants market?

    Emerging trends include a growing demand for bio-based and synthetic lubricants driven by sustainability initiatives.

    How is the US lubricants market expected to be impacted by global conflicts?

    Current global conflicts may affect supply chain dynamics, which can influence pricing and availability in the US lubricants market.

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