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US Industrial Lubricants Market

ID: MRFR/CnM/14916-HCR
100 Pages
Chitranshi Jaiswal
October 2025

US Industrial Lubricants Market Research Report By Type (Process Oils, Hydraulic Fluids, Gear Lubricants, Compressor Lubricants, Turbine Lubricants, Metalworking Fluids, Industrial Engine Oils, Others) and By End Use (Automotive Manufacturing, Power Generation, Process Industry, Food & Beverages, Mining, Rail, Construction, Others) - Forecast to 2035.

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US Industrial Lubricants Market Infographic
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US Industrial Lubricants Market Summary

As per analysis, the US industrial lubricants market is projected to grow from USD 13.82 Billion in 2025 to USD 18.54 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 2.98% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US industrial lubricants market is currently experiencing a shift towards sustainability and technological innovation.

  • The metalworking fluids segment remains the largest contributor to the US industrial lubricants market, driven by ongoing demand in manufacturing.
  • Hydraulic fluids are emerging as the fastest-growing segment, reflecting increased adoption in various industrial applications.
  • Sustainability initiatives and technological advancements are shaping the market, as companies seek to enhance efficiency and reduce environmental impact.
  • Key market drivers include regulatory compliance and economic growth, which are propelling the demand for customized and specialized lubricant solutions.

Market Size & Forecast

2024 Market Size 13.42 (USD Billion)
2035 Market Size 18.54 (USD Billion)
CAGR (2025 - 2035) 2.98%

Major Players

ExxonMobil (US), Chevron (US), Shell (US), BP (US), TotalEnergies (US), Fuchs Petrolub SE (DE), Castrol (GB), Valvoline (US), Lubrizol (US), Houghton International (US)

US Industrial Lubricants Market Trends

The US industrial lubricants market is currently experiencing a dynamic evolution, driven by various factors that influence demand and supply. The increasing emphasis on sustainability and environmental regulations appears to be reshaping the landscape of lubricant formulations. Manufacturers are likely focusing on developing bio-based and environmentally friendly products to comply with stringent regulations while meeting consumer preferences. Additionally, advancements in technology and the growing adoption of automation in manufacturing processes may contribute to the demand for high-performance lubricants that enhance efficiency and reduce operational costs. Moreover, the ongoing trend towards industrial modernization and the expansion of manufacturing capabilities in the US could further stimulate the market. As industries seek to optimize their operations, the need for specialized lubricants tailored to specific applications is likely to rise. This shift may lead to increased competition among suppliers, fostering innovation and the introduction of new products. Overall, the US industrial lubricants market seems poised for growth, with a focus on sustainability, technological advancements, and tailored solutions for diverse industrial applications.

Sustainability Initiatives

The US industrial lubricants market is witnessing a notable shift towards sustainability. Manufacturers are increasingly investing in the development of bio-based lubricants that minimize environmental impact. This trend is driven by regulatory pressures and consumer demand for greener products, prompting companies to innovate and reformulate their offerings.

Technological Advancements

Technological progress is playing a crucial role in shaping the US industrial lubricants market. The integration of advanced formulations and synthetic lubricants is enhancing performance and efficiency. As industries adopt automation and smart technologies, the demand for high-performance lubricants that can withstand extreme conditions is likely to increase.

Customization and Specialization

There is a growing trend towards customization in the US industrial lubricants market. As various industries have unique requirements, suppliers are focusing on developing specialized lubricants tailored to specific applications. This trend indicates a shift from generic products to more targeted solutions that enhance operational efficiency.

Market Segment Insights

By Application: Metalworking Fluids (Largest) vs. Hydraulic Fluids (Fastest-Growing)

In the US industrial lubricants market, the application segment is predominantly led by Metalworking Fluids, which hold the largest market share. These fluids are essential in metal shaping processes and are widely used across various manufacturing sectors. Following closely are Hydraulic Fluids that, while not as dominant, have shown significant consumption mainly in industries requiring power transmission like construction and agriculture. Other segments like Compressor Oils and Gear Oils play essential roles too, but on a smaller scale. The growth trends for the application segment indicate a robust demand for both Metalworking and Hydraulic Fluids. Factors contributing to this growth include technological advances in manufacturing processes that require sophisticated lubricants and the increased emphasis on operational efficiency, pushing industries to invest in high-performance products. Additionally, sustainability initiatives are driving manufacturers to formulate eco-friendly lubricants, enhancing the market appeal of these products.

Metalworking Fluids (Dominant) vs. Greases (Emerging)

Metalworking Fluids stand as the dominant force in the US industrial lubricants market, known for their essential use in metalworking processes such as cutting, grinding, and machining. Their formulation focuses on cooling, lubrication, and chip removal, making them vital in production efficiency. In contrast, Greases are emerging as a significant player, particularly in applications requiring extended lubrication intervals and protection against wear. Greases provide robust performance in extreme conditions, and their versatility in various industries from automotive to aerospace boosts their adoption. Their market positioning is strengthened by advancements in synthetic options, which cater to specific needs while also addressing environmental concerns. Both segments reflect the balancement between tradition and innovation within the lubricants market.

By End Use Industry: Manufacturing (Largest) vs. Automotive (Fastest-Growing)

In the US industrial lubricants market, manufacturing holds the largest share among the end use industries, as it encompasses a wide range of applications requiring various lubrication solutions. This is followed closely by the automotive sector, which, driven by increased vehicle production and maintenance needs, contributes significantly to the demand for lubricants. Other sectors like aerospace, construction, and marine, while important, occupy a smaller share of the overall market due to their niche requirements and specialized lubrication needs.

Manufacturing: Oil & Grease (Dominant) vs. Automotive: Engine Oil (Emerging)

In the manufacturing sector, oil and grease products play a dominant role, catering to the diverse machinery and production processes, ensuring efficiency and reliability. The automotive industry, while rapidly growing, is emerging with specific needs for engine oils formulated to meet modern engines' demands. These engine oils are being designed with enhanced performance characteristics, providing better fuel efficiency and component protection. As regulations tighten and automotive technology evolves, both segments are adapting, with manufacturing solidifying its lead, and automotive expanding with innovative solutions tailored for electric vehicles and advanced combustion engines.

By Base Oil Type: Mineral Oil (Largest) vs. Synthetic Oil (Fastest-Growing)

In the US industrial lubricants market, the distribution of base oil types reveals a dominant preference for Mineral Oil, which holds the largest market share. This traditional oil type is favored for its cost-effectiveness and well-established performance characteristics. Synthetic Oil follows closely, gaining traction due to its superior performance, especially in high-temperature applications, while Biobased Oil and Semi-Synthetic Oil present a smaller yet growing presence as industries increasingly seek sustainable options.

Mineral Oil (Dominant) vs. Biobased Oil (Emerging)

Mineral Oil remains the dominant base oil type in the US industrial lubricants sector, appreciated for its robustness and reliability. Its extensive use in various applications stems from a long history of performance and familiarity among users. In contrast, Biobased Oil is emerging as a sustainable alternative, appealing to environmentally conscious industries aiming to reduce their carbon footprint. As regulatory pressures heighten and the demand for green products grows, Biobased Oil showcases increased versatility and technological advancements, which positions it strongly against traditional options in niche markets.

By Product Type: Industrial Gear Oil (Largest) vs. Hydraulic Oil (Fastest-Growing)

In the US industrial lubricants market, the product type segment is characterized by a competitive distribution among key players. Industrial Gear Oil holds the largest market share due to its essential role in the machinery sector, ensuring optimal performance and longevity. On the other hand, Hydraulic Oil is gaining traction, driven by increased usage across various industries such as construction and manufacturing, highlighting its burgeoning demand.

Industrial Gear Oil (Dominant) vs. Hydraulic Oil (Emerging)

Industrial Gear Oil is a staple in the US market, recognized for its capability to withstand high-pressure conditions and its superior wear protection, making it crucial for industrial machinery and equipment. It remains dominant due to its established applications across manufacturing sectors. Conversely, Hydraulic Oil is rapidly emerging, fueled by advancements in hydraulic technology and increasing automation in industries. This growth is supported by the rising need for efficient machinery fluid operations and the establishment of stricter environmental regulations, which promote the use of high-performance and biodegradable hydraulic fluids.

By Viscosity Grade: Medium Viscosity (Largest) vs. High Viscosity (Fastest-Growing)

In the US industrial lubricants market, the viscosity grade segment is characterized by distinct classifications: low, medium, and high viscosity lubricants. Among these, medium viscosity holds the largest market share, catering to a broad range of industrial applications including machinery and automotive sectors. Low viscosity lubricants, while having specific utility in demanding applications, do not dominate market share to the same extent and are primarily used in specialized environments. High viscosity is gaining traction, primarily driven by advancements in manufacturing techniques and increased demand for superior lubrication solutions.

Medium Viscosity (Dominant) vs. High Viscosity (Emerging)

Medium viscosity lubricants are essential in the US industrial lubricants market due to their versatility and effectiveness across various applications. They provide a balance of flow and film strength, making them widely preferred for standard machinery operations and automotive needs. On the other hand, high viscosity lubricants are emerging as a vital segment, particularly as industries seek improved performance under high-load conditions. These lubricants are increasingly favored in sectors such as manufacturing and mining, where equipment requires higher levels of protection and performance. This shift towards high viscosity solutions indicates a growing acknowledgment of their benefits, thus enhancing their market position.

Get more detailed insights about US Industrial Lubricants Market

Key Players and Competitive Insights

The industrial lubricants market exhibits a dynamic competitive landscape characterized by a blend of innovation, strategic partnerships, and a focus on sustainability. Key players such as ExxonMobil (US), Chevron (US), and Shell (US) are at the forefront, leveraging their extensive research and development capabilities to enhance product performance and meet evolving customer demands. ExxonMobil (US) emphasizes innovation in synthetic lubricants, while Chevron (US) focuses on expanding its portfolio through strategic acquisitions. Shell (US) is actively pursuing digital transformation initiatives to optimize supply chain efficiency and customer engagement, collectively shaping a competitive environment that prioritizes technological advancement and sustainability.

The market structure appears moderately fragmented, with several players vying for market share. Key business tactics include localizing manufacturing to reduce costs and enhance responsiveness to regional demands. Supply chain optimization remains a critical focus, as companies seek to mitigate disruptions and improve delivery timelines. The collective influence of major players fosters a competitive atmosphere where agility and adaptability are paramount, allowing them to respond effectively to market fluctuations and customer preferences.

In November 2025, Chevron (US) announced a strategic partnership with a leading technology firm to develop AI-driven predictive maintenance solutions for industrial machinery. This initiative aims to enhance the performance of lubricants by providing real-time data analytics, thereby reducing downtime and maintenance costs for customers. The strategic importance of this move lies in Chevron's commitment to integrating advanced technologies into its product offerings, positioning itself as a leader in the digital transformation of the lubricants sector.

In October 2025, Shell (US) launched a new line of bio-based lubricants designed to meet stringent environmental regulations while maintaining high performance standards. This product line reflects Shell's ongoing commitment to sustainability and its proactive approach to addressing the growing demand for eco-friendly solutions. The introduction of bio-based lubricants not only enhances Shell's product portfolio but also aligns with global trends towards greener industrial practices, potentially attracting environmentally conscious customers.

In September 2025, ExxonMobil (US) expanded its manufacturing capabilities by investing in a new facility dedicated to producing high-performance synthetic lubricants. This strategic investment underscores ExxonMobil's focus on innovation and its intent to capture a larger share of the premium lubricants market. By enhancing its production capacity, ExxonMobil positions itself to meet increasing demand while reinforcing its reputation for quality and reliability in the industrial lubricants sector.

As of December 2025, current competitive trends indicate a pronounced shift towards digitalization, sustainability, and AI integration within the industrial lubricants market. Strategic alliances are increasingly shaping the landscape, enabling companies to leverage complementary strengths and enhance their market offerings. The evolution of competitive differentiation appears to be moving away from price-based competition towards a focus on innovation, technology, and supply chain reliability. This shift suggests that companies that prioritize these elements will likely gain a competitive edge in the rapidly evolving market.

Key Companies in the US Industrial Lubricants Market market include

Industry Developments

Recent developments in the US Industrial Lubricants Market have indicated a significant growth trajectory, largely driven by advances in technology and increased demand for eco-friendly lubricants. Companies such as TotalEnergies and Valvoline are expanding their product portfolios to include greener alternatives, while ExxonMobil and Castrol are investing in Research and Development to enhance performance and efficiency. Notably, in August 2023, Houghton International announced a strategic partnership with a major automotive manufacturer to provide custom lubricants tailored to meet specific industry needs.

Furthermore, in September 2023, Chevron Phillips Chemical completed an acquisition of a specialty lubricant company to bolster its market position and diversify its offerings. The market valuation has been positively influenced by the rising emphasis on sustainability and performance requirements across various industrial sectors, resulting in increased competition among major players like Royal Dutch Shell and BP. Over the last two to three years, significant developments included the growth of lubricant consumption in industries such as automotive and manufacturing, alongside the introduction of stringent regulations aimed at reducing emissions, which further propels the innovation of eco-friendly lubricant solutions.

Future Outlook

US Industrial Lubricants Market Future Outlook

The US industrial lubricants market is projected to grow at 2.98% CAGR from 2024 to 2035, driven by technological advancements and increasing demand for efficient machinery.

New opportunities lie in:

  • Development of bio-based lubricants for eco-conscious industries.
  • Integration of IoT for predictive maintenance in lubrication systems.
  • Expansion of customized lubricant solutions for niche manufacturing sectors.

By 2035, the market is expected to be robust, reflecting sustained growth and innovation.

Market Segmentation

US Industrial Lubricants Market Application Outlook

  • Metalworking Fluids
  • Hydraulic Fluids
  • Compressor Oils
  • Gear Oils
  • Greases

US Industrial Lubricants Market Product Type Outlook

  • Industrial Gear Oil
  • Hydraulic Oil
  • Compressor Oil
  • Metalworking Fluid

US Industrial Lubricants Market Base Oil Type Outlook

  • Mineral Oil
  • Synthetic Oil
  • Biobased Oil
  • Semi-Synthetic Oil

US Industrial Lubricants Market Viscosity Grade Outlook

  • Low Viscosity
  • Medium Viscosity
  • High Viscosity

US Industrial Lubricants Market End Use Industry Outlook

  • Manufacturing
  • Automotive
  • Aerospace
  • Construction
  • Marine

Report Scope

MARKET SIZE 202413.42(USD Billion)
MARKET SIZE 202513.82(USD Billion)
MARKET SIZE 203518.54(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)2.98% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledExxonMobil (US), Chevron (US), Shell (US), BP (US), TotalEnergies (US), Fuchs Petrolub SE (DE), Castrol (GB), Valvoline (US), Lubrizol (US), Houghton International (US)
Segments CoveredApplication, End Use Industry, Base Oil Type, Product Type, Viscosity Grade
Key Market OpportunitiesAdoption of bio-based lubricants driven by sustainability regulations and consumer demand in the US industrial lubricants market.
Key Market DynamicsRising demand for bio-based lubricants driven by environmental regulations and sustainability initiatives in the US industrial sector.
Countries CoveredUS

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FAQs

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

The US Industrial Lubricants Market is expected to be valued at 17.37 billion USD in 2024.

What will be the market size of the US Industrial Lubricants Market by 2035?

By 2035, the market is projected to reach a value of 25.67 billion USD.

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

The market is expected to grow at a CAGR of 3.615% from 2025 to 2035.

Which segment is anticipated to be the largest in the US Industrial Lubricants Market in 2024?

Hydraulic Lubricants is anticipated to be the largest segment, valued at 4.5 billion USD in 2024.

What will the value of Compressor Lubricants be in 2035?

The value of Compressor Lubricants is expected to rise to 3.7 billion USD by 2035.

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

TotalEnergies, Valvoline, ExxonMobil, Klueber Lubrication, Castrol, Royal Dutch Shell, Houghton International, Dyneon, BP, Fuchs Petrolub, Lukoil, Lithuania Oil, Chevron Phillips Chemical, Chevron

What is the market value for Gear Lubricants in 2024?

Gear Lubricants are valued at 3.0 billion USD in 2024.

What is the expected growth in the Metal Working Fluids segment from 2024 to 2035?

The Metal Working Fluids segment is expected to grow from 2.0 billion USD in 2024 to 2.6 billion USD by 2035.

How much will the Others segment grow by 2035?

The Others segment is projected to increase to 2.9 billion USD by 2035, up from 1.5 billion USD in 2024.

What are some key growth drivers for the US Industrial Lubricants Market?

Increasing industrial activities and the demand for efficient machinery are key growth drivers for the market.

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