Biolubricants Market, By Raw Material (Vegetable Oil and Animal Fats), By Application (Automotive, Industrial Lubricant, Metal Working, Greases, and Others (Hydraulic Fluids, Mold Release Agents, and Transmission Fluids)), By End User (Industrial, Commercial Transportation, and Consumer Automotive), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2030

Report Code: PMI51419 | Publish Date: December 2023 | No. of Pages: 170

Global Biolubricants Market By Raw Overview

Introduction:

A lubricant may be a substance that helps to scale back friction between surfaces in mutual contact, which ultimately reduces the warmth generated when the surfaces move. It’s going to even have the function of transmitting forces, transporting foreign particles, or heating or cooling the surfaces. The property of reducing friction is understood as lubricity. In addition to industrial applications, lubricants are used for several other purposes. Other uses include cooking (oils and fats in use in frying pans, in baking to stop food sticking), bio applications on humans (e.g. lubricants for artificial joints), ultrasound examination, checkup, and sexual activity. It’s mainly used to reduce friction and to contribute to a far better and efficient functioning of a mechanism. The Global Bio lubricants Market accounted for US$ 2.94 billion in 2020 and is estimated to be US$ 3.75 billion by 2030 and is anticipated to register a CAGR of 2.50%.

Global Biolubricants Market By Raw Dynamics

                                         

Rising environmental concern

Rising environmental concern and stringent regulation over the utilization of conventional lubricants, especially within the developed countries is the major driver for this market. Eco-friendly nature and rapid degradability of Biolubricants render them significantly better alternatives to the traditional petroleum based lubricants. Such regulations that render use of biolubricants mandatory, are expected to assist propel the consumption of biolubricants in these regions during forecast period. However, limited range of well-developed applications is probably going to limit the expansion of Biolubricants market during the forecast period.

Heavily consumption of biolubricants

Also, another noteworthy factor is that global biolubricant consumption is heavily tilted towards the developed regions of the world which a number of the opposite regions like Asia Pacific which are characterized by strong presence of end use industries, account for considerably low share in global biolubricants consumption. As such, increasing consumption in these regions is probably going to propel the expansion of worldwide biolubricants market during forecast period.

Higher prices

However, on the flip-side, relatively higher prices of those biolubricants are likely to impede the expansion of worldwide biolubricants market during forecast period. With growing demand for Biolubricants, many companies are that specialize in the event of other , cost effective and efficient methods for Biolubricants production.

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Global Biolubricants Market By Raw Segmentation

                       

The global biolubricants market report segments the market on the basis of raw material, application, end user and region.

On the basis of raw material, the target market is divided as Vegetable Oil and Animal Fats. On the basis of application, our market is divided as Automotive, Industrial Lubricant, Metal Working, Greases, and Others (Hydraulic Fluids, Mold Release Agents, and Transmission Fluids). On the basis of end-user, our market is divided as Industrial, Commercial Transportation, and Consumer Automotive. On the basis of region, the Global Biolubricants Market is classified as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Regional Insights:

                             

For detailed understanding of market dynamics, the Global Biolubricants Market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the market during the forecast year.  In North America also US is the major consumer of the biolubricants, especially due to hydraulic fluids application. Biolubricant consumption in the country is expected to register steady growth over the forecast period. Western Europe is the second largest consumer market of Biolubricants during the forecast year. Asia—Pacific is expected to witness steady growth during forecast year.

                    

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Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Raw Material- Vegetable Oil and Animal Fats

By Application- Automotive, Industrial Lubricant, Metal Working, Greases, and Others (Hydraulic Fluids, Mold Release Agents, and Transmission Fluids)

By End-User- Industrial, Commercial Transportation, and Consumer Automotive

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Global Biolubricants Market, By Raw Material:

  • Vegetable Oil
  • Animal Fat

Global Biolubricants Market, By Application:

  • Automotive
  • Industrial Lubricants
  • Metal Working
  • Greases
  • Others

Global Biolubricants Market, By End-User:

  • Industrial
  • Commercial Transportation
  • Consumer Automotive

Global Biolubricants Market, By Region:

  • North America
    • North America Biolubricant Market, By Raw Material
    • North America Biolubricant Market, By Application
    • North America Biolubricant Market, By End-User
    • North America Biolubricant Market, By Country
      • U.S.
      • Canada
    • Europe
      • Europe Biolubricant Market, By Raw Material
      • Europe Biolubricant Market, By Application
      • Europe Biolubricant Market, By End-User
      • Europe Biolubricant Market, By Country
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • Asia Pacific
        • Asia Pacific Biolubricant Market, By Raw Material
        • Asia Pacific Biolubricant Market, By Application
        • Asia Pacific Biolubricant Market, By End-User
        • Asia Pacific Biolubricant Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
        • Latin America
          • Latin America Biolubricant Market, By Raw Material
          • Latin America Biolubricant Market, By Application
          • Latin America Biolubricant Market, By End-User
          • Latin America Biolubricant Market, By Country
            • Brazil
            • Mexico
            • Rest of Latin America
          • Middle East & Africa
            • Middle East & Africa Biolubricant Market, By Raw Material
            • Middle East & Africa Biolubricant Market, By Application
            • Middle East & Africa Biolubricant Market, By End-User
            • Middle East & Africa Biolubricant Market, By Country
              • GCC
              • Israel
              • South Africa
              • Rest of Middle East & Africa

Recent Development:

 

  • In August 2021, Emery Oleochemicals has launched new website for Bio-Lubricants Business unit. Newly launched website is https://www.emeryoleo.com/bio-lubricants . The website visitors will search by product type to view Emery’s azelaic acids, lubricant esters, dimer acids, pelargonic acids, etc.

Global Biolubricants Market By Raw Key Players

                                               

Some of the prominent players operating in the Global Biolubricants Market include Fuchs Petrolub SE, Panolin AG, Royal Dutch Shell plc, RoWe Mineralolwerk GmbH, Emery Oleochemicals Group, Polnox Corporation, RSC Bio Solutions, LLC, Binol AB, Castrol Limited, and Total S.A. Technological advancements in the product launches, and strategic partnerships are some trends witnessed in the Global Biolubricants Market.

Global Biolubricants Market By Raw Company Profile

            • Fuchs Petrolub SE
              • Company Overview
              • Product Portfolio
              • Key Highlights
              • Financial Performance
            • Panolin AG
              • Company Overview
              • Product Portfolio
              • Key Highlights
              • Financial Performance
            • Royal Dutch Shell plc
              • Company Overview
              • Product Portfolio
              • Key Highlights
              • Financial Performance
            • RoWe Mineralolwerk GmbH
              • Company Overview
              • Product Portfolio
              • Key Highlights
              • Financial Performance
            • Emery Oleochemicals Group
              • Company Overview
              • Product Portfolio
              • Key Highlights
              • Financial Performance
            • Polnox Corporation
              • Company Overview
              • Product Portfolio
              • Key Highlights
              • Financial Performance
            • RSC Bio Solutions
              • Company Overview
              • Product Portfolio
              • Key Highlights
              • Financial Performance
            • Binol AB
              • Company Overview
              • Product Portfolio
              • Key Highlights
              • Financial Performance
            • Castrol Limited
              • Company Overview
              • Product Portfolio
              • Key Highlights
              • Financial Performance
            • Total S.A.
              • Company Overview
              • Product Portfolio
              • Key Highlights
              • Financial Performance

Global Biolubricants Market By Raw Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Raw Material
    • Market Snippet, By Application
    • Market Snippet, By End User
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Biolubricants Market, By Raw Material, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Vegetable Oil
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Animal Fats
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Biolubricants Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Automotive
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Industrial Lubricant
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Metal Working
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Greases
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others (Hydraulic Fluids, Mold Release Agents, and Transmission Fluids)
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Biolubricants Market, By End User, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Industrial 
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Commercial Transportation
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Consumer Automotive
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Biolubricants Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Raw Material, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Raw Material, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Raw Material, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Raw Material, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Raw Material, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Fuchs Petrolub SE.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Panolin AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Royal Dutch Shell plc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • RoWe Mineralolwerk GmbH
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Emery Oleochemicals Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Polnox Corporatio.  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • RSC Bio Solutions.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Binol AB  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Castrol Limited   
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Total S.A.  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The Global Biolubricants Market on the basis of raw material, application, end-user and region.

Rising environmental concern and stringent regulation over the utilization of conventional lubricants, especially within the developed countries is the major driver for this market.

North America is expected to account for major market share as compared to that of other regions in the near future.

Some of the prominent players operating in the Global Biolubricants Market include Fuchs Petrolub SE, Panolin AG, Royal Dutch Shell plc, RoWe Mineralolwerk GmbH, Emery Oleochemicals Group, Polnox Corporation, RSC Bio Solutions, LLC, Binol AB, Castrol Limited, and Total S.A.