Marine Lubricants Market by Base Oil (Mineral Oil, Synthetic Oil, and Bio-based Oil), Product Type (Engine Oil, Hydraulic Fluid, Compressor Oil), Ship Type (Bulk Carriers, Container Ships, Tankers), and Region - Global Forecast to 2030

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USD 7.08 BN
MARKET SIZE, 2030
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CAGR 1.56%
(2025-2030)
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298
REPORT PAGES
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270
MARKET TABLES

OVERVIEW

marine-lubricants-market Overview

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The marine lubricants market is projected to grow from USD 6.55 billion in 2025 to USD 7.08 billion by 2030, at a CAGR of 1.56%. This growth in the market is backed by the expansion of global seaborne trade and an increase in vessel operational hours. Increasing demand for engine efficiency, equipment protection, and extended maintenance intervals are the key drivers of this market. Stricter environmental regulations have encouraged the adoption of low-emission and ecologically compliant marine lubricants.

KEY TAKEAWAYS

  • BY REGION
    Asia Pacific dominated the global marine lubricants market in 2024, accounting for a market share of 46.2%, in terms of value
  • BY BASE OIL
    The synthetic oil segment is projected to be the fastest-growing base oil type of marine lubricants, at a CAGR of 2.11%, in terms of value, between 2025 and 2030
  • BY PRODUCT TYPE
    The engine oil segment dominated the global marine lubricants market, in terms of value, in 2024
  • BY SHIP TYPE
    The tankers segment is projected to register the highest CAGR of 1.70%, in terms of value, during the forecast period
  • COMPETITIVE LANDSCAPE - KEY PLAYERS
    Exxon Mobil Corporation, Shell plc, and China Petroleum & Chemical Corporation are identified as key players in the global marine lubricants market. These companies have strong market presence and extensive product portfolios.
  • COMPETITIVE LANDSCAPE - STARTUPS
    Penrite Oil Company, SK Enmove Co., Ltd., and Gandhar Oil Refinery (India) Limited, among other emerging players, have carved out solid positions within specialized niche segments, highlighting their potential to evolve into future market leaders.

The marine lubricants market has significant growth potential in the coming years due to increasing demand in the commercial marine business and vessel maintenance activities. There is an emerging trend towards improved engine efficiency, equipment protection, and regulatory compliance. The industry is constantly moving towards high-performance lubricating solutions. Marine lubricants provide maximum engine efficiency, reduce wear, and extend equipment life, making them a preferred choice for vessel operation.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The impact on consumers' business emerges from customer trends or disruptions. The target end-use ship operators and fleet owners across ship segments such as container ships, bulk carriers, and tankers are the customers of marine lubricants' manufacturers. Shifts, which are changing trends or disruptions, will impact the revenues of end users. The revenue impact on end users will affect the revenue of hotbets, which will further affect the revenues of marine lubricant manufacturers.

marine-lubricants-market Disruptions

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Growth in global seaborne trade and vessel utilization
  • Aging global fleet increasing demand for maintenance and lubricant replacement
RESTRAINTS
Impact
Level
  • High cost of synthetic and environmentally acceptable marine lubricants
  • Complex approval and OEM certification requirements for new formulations
OPPORTUNITIES
Impact
Level
  • Rising demand for environmentally acceptable and biodegradable lubricants
  • Lubricants tailored for alternative fuels such as LNG, methanol, and ammonia
CHALLENGES
Impact
Level
  • Compliance with evolving and fragmented environmental regulations
  • Volatility in crude oil and base oil prices affecting formulation economics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Growth in global seaborne trade and vessel utilization

Global growth in seaborne trade propels demand for marine fuels and lubricants as increased shipping activity requires higher vessel operations. Increased vessel utilization rates, fueled by the growth of trade routes and cargo, result in higher usage of engines, which drives demand for high-performance marine lubricants. This trend has created a stable and repetitive market for lubricant suppliers, encouraging the production of value-added products that ensure efficiency, reliability, and compliance with changing maritime regulations. Overall, trade growth and the intensification of vessel deployment are driving revenue growth in the marine lubricants market.

Restraint: High cost of synthetic and environmentally acceptable marine lubricants

The adoption of synthetic and environmentally acceptable marine lubricants is limited by their high costs. These products provide superior performance and offer regulatory compliance, but their premium pricing increases operational expenses, creating a barrier to widespread use, especially among small and mid-sized shipping operators. This price sensitivity slows the market growth and leads some operators to continue dependence on conventional lubricants despite the stricter environmental norms. Price remains one of the critical restraints to the growth of the marine lubricants market.

Opportunity: Rising demand for environmentally acceptable and biodegradable lubricants

Increasing demand for environmentally friendly and biodegradable marine lubricants also provides a major growth opportunity in this industry. Stringent regulations regarding maritime activities, combined with environmental awareness, are encouraging shipping companies to adopt environmentally friendly products. This trend prompts lubricant manufacturers to innovate and create sustainable products that enable market differentiation and premiumization of product pricing. As a result, companies investing in green lubricant technologies have opportunities to capture new market segments and improve their competitive position in the global market.

Challenge: Compliance with evolving and fragmented environmental regulations

One of the major challenges in the marine lubricants market is to comply with evolving and diversified environmental regulations. The variation in regulatory standards across regions affects product development and deployment. These differences in regulatory standards across various regions complicate product development and deployment. Continuous monitoring and adjustments due to frequent regulatory updates increase the operational and compliance costs. This kind of uncertainty may result in delayed product launch and limiting scalability, which could create a significant challenge in achieving market growth and profitability.

MARINE LUBRICANTS MARKET: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Use of marine engine oils and hydraulic lubricants across container, bulk, and tanker vessels Improved equipment reliability, enhanced corrosion protection, optimized lubricant consumption
Use of cylinder oils, system oils, and auxiliary engine lubricants across container vessels operating on long-haul and high-utilization routes Extended engine life, improved fuel efficiency, reduced maintenance frequency
Application of marine lubricants for main engines, generators, and deck machinery across a diversified global fleet Reliable engine performance, reduced wear, consistent lubrication under variable operating conditions
Use of marine lubricants for propulsion systems and onboard equipment under fuel-efficient and emissions-focused operations Improved thermal stability, lower lubricant degradation, reduced operating costs

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

The marine lubricants market ecosystem ranges from base oil suppliers, additive producers, lubricant formulators, and end users. Demand is influenced by the need to ensure the performance of the engine and other machinery under the harsh marine operational conditions, while aligning with the regulatory standards and meeting the environmental concerns. It enables continuous collaboration throughout the value chain for the development of lubricants that can achieve better operational efficiency with reduced maintenance needs.

marine-lubricants-market Ecosystem

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

marine-lubricants-market Segments

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Marine Lubricants Market, By Base Oil

The mineral oil segment held the largest market share in the marine lubricants market in terms of value in 2024. This is largely due to its affordable price, accessibility, and effectiveness with conventional marine engines. Being less expensive than synthetic variants, it is the preferred option for many shipping operators, sustaining demand and supporting the dominance in the market.

Marine Lubricants Market, By Product Type

In 2024, the engine oil segment accounted for the largest market share by value because of its critical role in ensuring the efficient and smooth operation of the marine engines. Marine vessels require lubrication to protect their engines from wear and tear, corrosion risks, and high temperatures, which creates a high demand for engine oils. This is because the vessels require replacement quite often to ensure their efficient operation and to withstand extreme maritime environmental conditions. All these factors make engine oils the most valuable segment of the marine lubricants market.

Marine Lubricants Market, By Ship Type

The bulk carriers segment held the largest market share of the global marine lubricants market, in terms of value, in 2024. This is due to the large number of vessels operating under this category and their higher lubrication requirements. Due to their frequent long-distance operations with heavy cargo transportation, bulk carriers require higher consumption of marine lubricants. This makes bulk carriers one of the leading segments in the market, owing to the steady demand for protection of the engines and machinery.

REGION

Asia Pacific accounted for the largest share of the global marine lubricants market in 2024

Asia Pacific held the largest share of the marine lubricants market in 2024 based on value. An active shipbuilding industry, a growth in commercial fleets, and a rise in ship traffic in the region contributed to the lubricant market growth. In addition, rising industrialization and maritime trade in emerging economies also helped to consolidate the position of Asia Pacific as a leading market.

marine-lubricants-market Region

MARINE LUBRICANTS MARKET: COMPANY EVALUATION MATRIX

Shell plc (Star) has the largest market share in the marine lubricants market owing to the company’s broad global presence and a wide range of high-performance product offerings. Its leadership position is established due to its expertise in advanced lubricants and its focus on sustainable product offerings for its customers. China Petroleum & Chemical Corporation (Emerging) is gaining traction through its increasing emphasis on sustainable and high-efficiency marine lubricants. The company has the potential to shift towards the leaders’ quadrant as there is a growing requirement in eco-friendly solutions.

marine-lubricants-market Evaluation Metrics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

KEY MARKET PLAYERS

MARKET SCOPE

REPORT METRIC DETAILS
Market Size Value in 2024 USD 6.45 Billion
Revenue Forecast in 2030 USD 7.08 Billion
Growth Rate CAGR of 1.56% from 2025 to 2030
Years Considered 2020–2030
Base Year 2024
Forecast Period 2025–2030
Units Considered Value (USD Million), Volume (Kiloton)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered
  • By Base Oil:
    • Mineral Oil
    • Synthetic Oil
    • Bio-based Oil
  • By Product Type:
    • Engine Oil
    • Hydraulic Fluid
    • Compressor Oil
    • Other Types
  • By Ship Type:
    • Bulk Carriers
    • Tankers
    • Container Ships
    • Other Ship Types
Regional Scope Asia Pacific, Europe, North America, Middle East & Africa, South America

WHAT IS IN IT FOR YOU: MARINE LUBRICANTS MARKET REPORT CONTENT GUIDE

marine-lubricants-market Content Guide

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Europe-based Marine Lubricant Manufacturer
  • Detailed Europe-based company profiles of competitors (financials, product portfolio)
  • Customer landscape mapping by end-use sector
  • Identify interconnections and supply chain blind spots
  • Track customer switching trends
  • Highlight untapped customer clusters for market entry
Asia Pacific-based Marine Lubricant Manufacturer
  • Global & regional production capacity benchmarking
  • Customer base profiling across the application industries
  • Identify high-demand customers for long-term supply contracts
  • Assess supply-demand gaps for competitive advantage

RECENT DEVELOPMENTS

  • December 2025 : TotalEnergies SE launched Aurelia NGX 40, a new generation low-ash lubricant. This lubricant is specifically developed to offer extended service life of four-stroke engines operating on gas and ULS fuels.
  • December 2025 : ENOC signed an MOU with HMS Bergbau AG to distribute marine lubricants in Spain and Türkiye, expanding presence across Southern Europe and Mediterranean shipping corridors with wider port coverage.
  • August 2025 : Chevron Marine Lubricants partnered with Closelink to automate and modernize the procurement process for marine lubricants. This integration enables near-instant order processing, real-time inventory checks, and improved customer experience through Chevron’s OnePort digital platform.
  • July 2025 : Exxon Mobil Corporation’s authorized distributor Habot Marine Services (HMS) renewed and expanded its agreement to supply ExxonMobil marine lubricants across major South African ports (Durban, Port Elizabeth, Cape Town) and Indian Ocean islands, ensuring better regional availability and service
  • June 2025 : Shell Marine inaugurated a state-of-the-art lubricant storage/tank facility in Busan, South Korea, in June 2025. This investment enhances Shell’s marine lubricant supply infrastructure at a major global maritime hub, helping reduce delivery times (to ~48 hours), improve logistics efficiency, and better serve shipping lines and shipyards in Asia and beyond.

Table of Contents

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TITLE
PAGE NO
1
INTRODUCTION
 
 
 
 
 
27
2
EXECUTIVE SUMMARY
 
 
 
 
 
32
3
PREMIUM INSIGHTS
 
 
 
 
 
37
4
MARKET OVERVIEW
Global marine lubricant market thrives on eco-friendly innovations amid regulatory and cost challenges.
 
 
 
 
 
39
 
4.1
INTRODUCTION
 
 
 
 
 
 
4.2
MARKET DYNAMICS
 
 
 
 
 
 
 
4.2.1
DRIVERS
 
 
 
 
 
 
 
4.2.1.1
GROWTH IN GLOBAL SEABORNE TRADE AND VESSEL UTILIZATION
 
 
 
 
 
 
4.2.1.2
AGING GLOBAL FLEET INCREASING DEMAND FOR MAINTENANCE AND LUBRICANT REPLACEMENT
 
 
 
 
 
 
4.2.1.3
ADOPTION OF FUEL-EFFICIENT AND HIGH-OUTPUT MARINE ENGINES
 
 
 
 
 
 
4.2.1.4
EXPANSION OF OFFSHORE ENERGY, WIND INSTALLATION, AND SUPPORT VESSELS
 
 
 
 
 
 
4.2.1.5
INCREASING FOCUS ON OPERATIONAL RELIABILITY AND ASSET LIFE EXTENSION
 
 
 
 
 
4.2.2
RESTRAINTS
 
 
 
 
 
 
 
4.2.2.1
HIGH COST OF SYNTHETIC AND ENVIRONMENTALLY ACCEPTABLE MARINE LUBRICANTS
 
 
 
 
 
 
4.2.2.2
COMPLEX APPROVAL AND OEM CERTIFICATION REQUIREMENTS FOR NEW FORMULATIONS
 
 
 
 
 
4.2.3
OPPORTUNITIES
 
 
 
 
 
 
 
4.2.3.1
RISING DEMAND FOR ENVIRONMENTALLY ACCEPTABLE AND BIODEGRADABLE LUBRICANTS
 
 
 
 
 
 
4.2.3.2
LUBRICANTS TAILORED FOR ALTERNATIVE FUELS SUCH AS LNG, METHANOL, AND AMMONIA
 
 
 
 
 
 
4.2.3.3
GROWTH IN CONDITION-BASED MAINTENANCE AND LUBRICANT MONITORING SERVICES
 
 
 
 
 
4.2.4
CHALLENGES
 
 
 
 
 
 
 
4.2.4.1
COMPLIANCE WITH EVOLVING AND FRAGMENTED ENVIRONMENTAL REGULATIONS
 
 
 
 
 
 
4.2.4.2
VOLATILITY IN CRUDE OIL AND BASE OIL PRICES AFFECTING FORMULATION ECONOMICS
 
 
 
 
4.3
INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
 
 
 
 
 
 
 
4.3.1
INTERCONNECTED MARKETS
 
 
 
 
 
 
4.3.2
CROSS-SECTOR OPPORTUNITIES
 
 
 
 
 
4.4
STRATEGIC MOVES BY TIER-1/2/3 PLAYERS
 
 
 
 
 
 
 
4.4.1
KEY MOVES AND STRATEGIC FOCUS
 
 
 
 
5
INDUSTRY TRENDS
Navigate industry shifts with strategic insights on competitive forces and pricing trends.
 
 
 
 
 
45
 
5.1
PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
 
 
 
5.1.1
THREAT OF SUBSTITUTES
 
 
 
 
 
 
5.1.2
THREAT OF NEW ENTRANTS
 
 
 
 
 
 
5.1.3
BARGAINING POWER OF SUPPLIERS
 
 
 
 
 
 
5.1.4
BARGAINING POWER OF BUYERS
 
 
 
 
 
 
5.1.5
INTENSITY OF COMPETITIVE RIVALRY
 
 
 
 
 
5.2
MACROECONOMIC OUTLOOK
 
 
 
 
 
 
 
5.2.1
INTRODUCTION
 
 
 
 
 
 
5.2.2
GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES
 
 
 
 
 
5.3
SUPPLY CHAIN ANALYSIS
 
 
 
 
 
 
 
 
5.3.1
RAW MATERIAL SUPPLIERS
 
 
 
 
 
 
5.3.2
MARINE LUBRICANT MANUFACTURERS
 
 
 
 
 
 
5.3.3
MARKETING & DISTRIBUTION
 
 
 
 
 
 
5.3.4
END-USE INDUSTRIES
 
 
 
 
 
5.4
ECOSYSTEM ANALYSIS
 
 
 
 
 
 
 
5.5
PRICING ANALYSIS
 
 
 
 
 
 
 
 
5.5.1
AVERAGE SELLING PRICE OF MARINE LUBRICANTS OFFERED BY KEY PLAYERS, BY TOP THREE BASE OILS, 2024
 
 
 
 
 
 
5.5.2
AVERAGE SELLING PRICE TREND OF MARINE LUBRICANTS, BY REGION, 2023–2030
 
 
 
 
 
5.6
TRADE ANALYSIS
 
 
 
 
 
 
 
 
5.6.1
EXPORT SCENARIO (HS CODE-2710)
 
 
 
 
 
 
5.6.2
IMPORT SCENARIO (HS CODE-2710)
 
 
 
 
 
5.7
KEY CONFERENCES & EVENTS IN 2025–2026
 
 
 
 
 
 
5.8
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
 
 
5.9
INVESTMENT AND FUNDING SCENARIO
 
 
 
 
 
 
5.10
CASE STUDY ANALYSIS
 
 
 
 
 
 
 
5.10.1
LUBRICANT SAVINGS AND CLEANER ENGINE WITH MOBILGARD 5100
 
 
 
 
 
 
5.10.2
SUSESEA BULK CARRIER FLEET CUTS CYLINDER OIL FEED BY 33% WITH CHEVRON’S TARO ULTRA ADVANCED 40
 
 
 
 
 
 
5.10.3
CHEVRON’S TARO ULTRA ADVANCED 40 ENHANCES ENGINE PERFORMANCE ON MV CARLOS FISCHER
 
 
 
 
 
5.11
IMPACT OF 2025 US TARIFF – MARINE LUBRICANTS MARKET
 
 
 
 
 
 
 
 
5.11.1
INTRODUCTION
 
 
 
 
 
 
5.11.2
KEY TARIFFS
 
 
 
 
 
 
5.11.3
PRICE IMPACT ANALYSIS
 
 
 
 
 
 
5.11.4
IMPACT ON COUNTRY/REGION
 
 
 
 
 
 
 
5.11.4.1
US
 
 
 
 
 
 
5.11.4.2
EUROPE
 
 
 
 
 
 
5.11.4.3
ASIA PACIFIC
 
 
 
6
TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, AND INNOVATIONS
AI-driven innovations are revolutionizing marine lubricant technology with smart, eco-friendly solutions and predictive analytics.
 
 
 
 
 
62
 
6.1
KEY EMERGING TECHNOLOGIES
 
 
 
 
 
 
 
6.1.1
BIO-BASED AND ENVIRONMENTALLY ACCEPTABLE MARINE LUBRICANTS (EALS)
 
 
 
 
 
 
6.1.2
SMART LUBRICANTS AND CONDITION-RESPONSIVE ADDITIVE SYSTEMS
 
 
 
 
 
6.2
COMPLEMENTARY TECHNOLOGIES
 
 
 
 
 
 
 
6.2.1
DIGITAL OIL CONDITION MONITORING AND PREDICTIVE ANALYTICS
 
 
 
 
 
 
6.2.2
ADVANCED MARINE ENGINE AND FUEL SYSTEM TECHNOLOGIES
 
 
 
 
 
6.3
TECHNOLOGY/PRODUCT ROADMAP
 
 
 
 
 
 
 
6.3.1
SHORT-TERM (2025–2027)
 
 
 
 
 
 
6.3.2
MID-TERM (2027–2030) | EXPANSION & STANDARDIZATION
 
 
 
 
 
 
6.3.3
LONG-TERM (2030–2035+)
 
 
 
 
 
6.4
PATENT ANALYSIS
 
 
 
 
 
 
 
 
6.4.1
APPROACH
 
 
 
 
 
 
6.4.2
DOCUMENT TYPE
 
 
 
 
 
 
6.4.3
TOP APPLICANTS
 
 
 
 
 
 
6.4.4
JURISDICTION ANALYSIS
 
 
 
 
 
6.5
IMPACT OF AI/GEN AI ON MARINE LUBRICANTS MARKET
 
 
 
 
 
 
 
 
6.5.1
ACCELERATED FORMULATION DEVELOPMENT AND REGULATORY COMPLIANCE
 
 
 
 
 
 
6.5.2
ENHANCED BLENDING EFFICIENCY AND QUALITY ASSURANCE
 
 
 
 
 
 
6.5.3
PREDICTIVE MAINTENANCE AND ASSET RELIABILITY OPTIMIZATION
 
 
 
 
 
 
6.5.4
OPTIMIZED DEMAND FORECASTING AND PORT-LEVEL INVENTORY MANAGEMENT
 
 
 
 
7
SUSTAINABILITY AND REGULATORY LANDSCAPE
Navigate complex global regulations to drive sustainable development and compliance in marine lubricants.
 
 
 
 
 
71
 
7.1
REGIONAL REGULATIONS AND COMPLIANCE
 
 
 
 
 
 
 
7.1.1
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
 
7.1.2
INDUSTRY STANDARDS
 
 
 
 
 
7.2
REGULATORY POLICY INITIATIVES
 
 
 
 
 
 
 
7.2.1
SAFETY PROTOCOLS
 
 
 
 
 
 
7.2.2
SUSTAINABLE DEVELOPMENT
 
 
 
 
 
 
7.2.3
STANDARDIZATION
 
 
 
 
 
 
7.2.4
CIRCULAR ECONOMY
 
 
 
 
 
7.3
CERTIFICATIONS, LABELING, AND ECO-STANDARDS
 
 
 
 
 
8
CUSTOMER LANDSCAPE & BUYER BEHAVIOR
Understand buyer dynamics: key criteria, stakeholder influence, and unmet needs in purchasing decisions.
 
 
 
 
 
78
 
8.1
DECISION-MAKING PROCESS
 
 
 
 
 
 
8.2
KEY STAKEHOLDERS AND BUYING CRITERIA
 
 
 
 
 
 
 
 
8.2.1
KEY STAKEHOLDERS IN BUYING PROCESS
 
 
 
 
 
 
8.2.2
BUYING CRITERIA
 
 
 
 
 
8.3
ADOPTION BARRIERS & INTERNAL CHALLENGES
 
 
 
 
 
 
8.4
UNMET NEEDS IN VARIOUS APPLICATIONS
 
 
 
 
 
9
MARINE LUBRICANTS MARKET, BY SHIP TYPE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million and Kilotons | 4 Data Tables
 
 
 
 
 
83
 
9.1
INTRODUCTION
 
 
 
 
 
 
9.2
BULK CARRIERS
 
 
 
 
 
 
 
9.2.1
HIGH FLEET DENSITY AND LONG-DURATION VOYAGES
 
 
 
 
 
9.3
TANKERS (OIL, GAS, CHEMICALS)
 
 
 
 
 
 
 
9.3.1
STRINGENT OPERATIONAL AND COMPLIANCE REQUIREMENTS
 
 
 
 
 
9.4
CONTAINER SHIPS
 
 
 
 
 
 
 
9.4.1
HIGH-SPEED OPERATIONS AND ENGINE STRESS
 
 
 
 
 
9.5
OTHER SHIP TYPES
 
 
 
 
 
10
MARINE LUBRICANTS MARKET, BY PRODUCT TYPE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million and Kilotons | 20 Data Tables
 
 
 
 
 
87
 
10.1
INTRODUCTION
 
 
 
 
 
 
10.2
ENGINE OIL
 
 
 
 
 
 
 
10.2.1
ENGINE RELIABILITY REQUIREMENTS TO DRIVE MARKET FOR ENGINE OIL
 
 
 
 
 
10.3
HYDRAULIC FLUID
 
 
 
 
 
 
 
10.3.1
EXPANSION OF DECK AND CONTROL SYSTEMS TO DRIVE HYDRAULIC FLUID MARKET
 
 
 
 
 
10.4
COMPRESSOR OIL
 
 
 
 
 
 
 
10.4.1
INCREASED USE OF COMPRESSED AIR SYSTEMS TO DRIVE COMPRESSOR OIL MARKET
 
 
 
 
 
10.5
OTHER PRODUCT TYPES
 
 
 
 
 
11
MARINE LUBRICANTS MARKET, BY BASE OIL
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million and Kilotons | 16 Data Tables
 
 
 
 
 
97
 
11.1
INTRODUCTION
 
 
 
 
 
 
11.2
MINERAL OIL
 
 
 
 
 
 
 
11.2.1
COST-EFFECTIVE LUBRICATION SUPPORTING LARGE-SCALE MARINE OPERATIONS
 
 
 
 
 
11.3
SYNTHETIC OIL
 
 
 
 
 
 
 
11.3.1
PERFORMANCE RELIABILITY UNDER SEVERE AND HIGH-STRESS OPERATING CONDITIONS
 
 
 
 
 
11.4
BIO-BASED OIL
 
 
 
 
 
 
 
11.4.1
REGULATORY PRESSURE FOR ENVIRONMENTALLY ACCEPTABLE MARINE LUBRICANTS
 
 
 
 
12
MARINE LUBRICANTS MARKET, BY REGION
Comprehensive coverage of 7 Regions with country-level deep-dive of 23 Countries | 176 Data Tables.
 
 
 
 
 
105
 
12.1
INTRODUCTION
 
 
 
 
 
 
12.2
ASIA PACIFIC
 
 
 
 
 
 
 
12.2.1
CHINA
 
 
 
 
 
 
 
12.2.1.1
HIGH INVESTMENT IN DOMESTIC AND INTERNATIONAL MARITIME TRADE ACTIVITIES
 
 
 
 
 
12.2.2
SINGAPORE
 
 
 
 
 
 
 
12.2.2.1
WELL-ESTABLISHED MARINE SERVICES INFRASTRUCTURE
 
 
 
 
 
12.2.3
HONG KONG
 
 
 
 
 
 
 
12.2.3.1
RISE IN TRADING ACTIVITIES
 
 
 
 
 
12.2.4
SOUTH KOREA
 
 
 
 
 
 
 
12.2.4.1
ADVANCED SHIPBUILDING DRIVING MARINE LUBRICANTS DEMAND
 
 
 
 
 
12.2.5
MALAYSIA
 
 
 
 
 
 
 
12.2.5.1
GROWTH IN SHIPBUILDING INDUSTRY
 
 
 
 
 
12.2.6
JAPAN
 
 
 
 
 
 
 
12.2.6.1
GOVERNMENT SUPPORT AND INTEGRATED MARITIME INDUSTRY
 
 
 
 
 
12.2.7
TAIWAN
 
 
 
 
 
 
 
12.2.7.1
GROWTH IN EXPORT AND MARITIME TRADE
 
 
 
 
 
12.2.8
INDIA
 
 
 
 
 
 
 
12.2.8.1
ECONOMIC GROWTH, FAVORABLE GOVERNMENT POLICIES & INCENTIVE FRAMEWORK, AND LONG COASTLINE
 
 
 
 
 
12.2.9
AUSTRALIA
 
 
 
 
 
 
 
12.2.9.1
LARGE EXPORTS OF COAL AND METALS
 
 
 
 
12.3
NORTH AMERICA
 
 
 
 
 
 
 
12.3.1
US
 
 
 
 
 
 
 
12.3.1.1
RISE IN DOMESTIC AND INTERNATIONAL MARITIME TRADE
 
 
 
 
 
12.3.2
CANADA
 
 
 
 
 
 
 
12.3.2.1
INCREASE IN DEMAND FOR BULK CARRIERS, OIL TANKERS, AND CONTAINER SHIPS
 
 
 
 
 
12.3.3
MEXICO
 
 
 
 
 
 
 
12.3.3.1
RAPID INDUSTRIALIZATION AND RISING POPULATION
 
 
 
 
12.4
EUROPE
 
 
 
 
 
 
 
12.4.1
GERMANY
 
 
 
 
 
 
 
12.4.1.1
GROWTH OF MARITIME INDUSTRY
 
 
 
 
 
12.4.2
NETHERLANDS
 
 
 
 
 
 
 
12.4.2.1
STRONG PRESENCE OF WORLD’S LEADING MANUFACTURERS OF HIGH-END YACHTS AND SPECIAL VESSELS
 
 
 
 
 
12.4.3
BELGIUM
 
 
 
 
 
 
 
12.4.3.1
GEOGRAPHICAL LOCATION MAKES BELGIUM AN ATTRACTIVE MARKET
 
 
 
 
 
12.4.4
SPAIN
 
 
 
 
 
 
 
12.4.4.1
SPANISH SHIPBUILDING INDUSTRY PLAYS MAJOR ROLE IN DRIVING MARKET
 
 
 
 
 
12.4.5
UK
 
 
 
 
 
 
 
12.4.5.1
POPULAR MANUFACTURING HUB FOR SHIPBUILDING INDUSTRY
 
 
 
 
 
12.4.6
ITALY
 
 
 
 
 
 
 
12.4.6.1
LEADING MANUFACTURER OF FISHING SHIPS AND CRUISE LINERS
 
 
 
 
 
12.4.7
FRANCE
 
 
 
 
 
 
 
12.4.7.1
OPERATIONAL AND REGULATORY DRIVERS SUPPORTING MARINE LUBRICANTS DEMAND
 
 
 
 
 
12.4.8
GREECE
 
 
 
 
 
 
 
12.4.8.1
GROWING ECONOMY AND INVESTMENT IN INFRASTRUCTURE TO DRIVE DEMAND FOR MARINE LUBRICANTS
 
 
 
 
 
12.4.9
TURKEY
 
 
 
 
 
 
 
12.4.9.1
RISE IN DEVELOPMENT OF SHIPS AND OTHER NAVAL VESSELS
 
 
 
 
 
12.4.10
RUSSIA
 
 
 
 
 
 
 
12.4.10.1
GROWING ECONOMY AND INVESTMENT IN INFRASTRUCTURE
 
 
 
 
12.5
MIDDLE EAST & AFRICA
 
 
 
 
 
 
 
12.5.1
UAE
 
 
 
 
 
 
 
12.5.1.1
INCREASE IN MARITIME ACTIVITIES OWING TO OIL & GAS EXPORTS
 
 
 
 
 
12.5.2
SAUDI ARABIA
 
 
 
 
 
 
 
12.5.2.1
STRONG FOOTHOLD OF SHIPBUILDING, SHIPBREAKING, AND REFURBISHMENT COMPANIES
 
 
 
 
 
12.5.3
SOUTH AFRICA
 
 
 
 
 
 
 
12.5.3.1
INCREASING MARITIME TRAFFIC TO SUPPORT MARKET GROWTH
 
 
 
 
12.6
SOUTH AMERICA
 
 
 
 
 
 
 
12.6.1
BRAZIL
 
 
 
 
 
 
 
12.6.1.1
RAPIDLY EXPANDING ECONOMY TO DRIVE DEMAND FOR MARINE LUBRICANTS
 
 
 
 
 
12.6.2
PANAMA
 
 
 
 
 
 
 
12.6.2.1
INCREASE IN MARITIME TRAFFIC DUE TO OPENING OF PANAMA CANAL TO DRIVE DEMAND
 
 
 
 
 
12.6.3
ARGENTINA
 
 
 
 
 
 
 
12.6.3.1
RAPIDLY EXPANDING ECONOMY TO DRIVE DEMAND FOR MARINE LUBRICANTS
 
 
 
13
COMPETITIVE LANDSCAPE
Discover top strategies driving market dominance and emerging leaders in marine lubricants.
 
 
 
 
 
170
 
13.1
INTRODUCTION
 
 
 
 
 
 
13.2
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2025
 
 
 
 
 
 
13.3
MARKET SHARE ANALYSIS, 2024
 
 
 
 
 
 
 
13.4
REVENUE ANALYSIS, 2020–2024
 
 
 
 
 
 
 
13.5
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
 
 
 
 
 
 
 
 
13.5.1
STARS
 
 
 
 
 
 
13.5.2
EMERGING LEADERS
 
 
 
 
 
 
13.5.3
PERVASIVE PLAYERS
 
 
 
 
 
 
13.5.4
PARTICIPANTS
 
 
 
 
 
 
13.5.5
COMPANY FOOTPRINT: KEY PLAYERS, 2024
 
 
 
 
 
 
 
13.5.5.1
COMPANY FOOTPRINT
 
 
 
 
 
 
13.5.5.2
REGIONAL FOOTPRINT
 
 
 
 
 
 
13.5.5.3
SHIP TYPE FOOTPRINT
 
 
 
 
 
 
13.5.5.4
PRODUCT TYPE FOOTPRINT
 
 
 
 
13.6
COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024
 
 
 
 
 
 
 
 
13.6.1
PROGRESSIVE COMPANIES
 
 
 
 
 
 
13.6.2
RESPONSIVE COMPANIES
 
 
 
 
 
 
13.6.3
DYNAMIC COMPANIES
 
 
 
 
 
 
13.6.4
STARTING BLOCKS
 
 
 
 
 
 
13.6.5
COMPETITIVE BENCHMARKING: START-UPS/SMES, 2024
 
 
 
 
 
 
 
13.6.5.1
LIST OF START-UPS/SMES
 
 
 
 
 
 
13.6.5.2
COMPETITIVE BENCHMARKING OF START-UPS/SMES
 
 
 
 
13.7
PRODUCT COMPARISON
 
 
 
 
 
 
 
13.8
COMPANY VALUATION AND FINANCIAL METRICS
 
 
 
 
 
 
13.9
COMPETITIVE SCENARIO
 
 
 
 
 
 
 
13.9.1
PRODUCT LAUNCHES
 
 
 
 
 
 
13.9.2
DEALS
 
 
 
 
 
 
13.9.3
EXPANSIONS
 
 
 
 
14
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
 
 
 
 
 
188
 
14.1
MAJOR PLAYERS
 
 
 
 
 
 
 
14.1.1
BP P.L.C. (UK)
 
 
 
 
 
 
 
14.1.1.1
BUSINESS OVERVIEW
 
 
 
 
 
 
14.1.1.2
PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
14.1.1.3
RECENT DEVELOPMENTS
 
 
 
 
 
 
 
 
14.1.1.3.1
PRODUCT LAUNCHES
 
 
 
 
 
 
14.1.1.3.2
EXPANSIONS
 
 
 
 
14.1.1.4
MNM VIEW
 
 
 
 
 
 
 
 
14.1.1.4.1
RIGHT TO WIN
 
 
 
 
 
 
14.1.1.4.2
STRATEGIC CHOICES
 
 
 
 
 
 
14.1.1.4.3
WEAKNESSES AND COMPETITIVE THREATS
 
 
 
14.1.2
CHEVRON CORPORATION
 
 
 
 
 
 
14.1.3
EXXON MOBIL CORPORATION
 
 
 
 
 
 
14.1.4
SHELL PLC
 
 
 
 
 
 
14.1.5
TOTALENERGIES SE
 
 
 
 
 
 
14.1.6
PETRONAS
 
 
 
 
 
 
14.1.7
IDEMITSU KOSAN CO., LTD
 
 
 
 
 
 
14.1.8
CHINA PETROLEUM & CHEMICAL CORPORATION
 
 
 
 
 
 
14.1.9
PETROCHINA COMPANY LIMITED
 
 
 
 
 
 
14.1.10
FUCHS SE
 
 
 
 
 
 
14.1.11
LUKOIL
 
 
 
 
 
 
14.1.12
ENEOS HOLDINGS, INC.
 
 
 
 
 
 
14.1.13
GULF OIL INTERNATIONAL LTD.
 
 
 
 
 
 
14.1.14
EMIRATES NATIONAL OIL COMPANY (ENOC)
 
 
 
 
 
 
14.1.15
ENI S.P.A.
 
 
 
 
 
 
14.1.16
INDIAN OIL CORPORATION LIMITED
 
 
 
 
 
 
14.1.17
MOEVE
 
 
 
 
 
 
14.1.18
GAZPROM
 
 
 
 
 
 
14.1.19
CALUMET, INC.
 
 
 
 
 
14.2
STARTUP/SME PLAYERS
 
 
 
 
 
 
 
14.2.1
ADDINOL LUBE OIL GMBH
 
 
 
 
 
 
14.2.2
SK ENMOVE CO., LTD.
 
 
 
 
 
 
14.2.3
GANDHAR OIL REFINERY (INDIA) LIMITED
 
 
 
 
 
 
14.2.4
PENRITE OIL COMPANY
 
 
 
 
 
 
14.2.5
SCHAEFFER MANUFACTURING CO.
 
 
 
 
 
 
14.2.6
DYADE LUBRICANTS
 
 
 
 
 
 
14.2.7
KLÜBER LUBRICATION
 
 
 
 
15
RESEARCH METHODOLOGY
 
 
 
 
 
255
 
15.1
RESEARCH DATA
 
 
 
 
 
 
 
15.1.1
SECONDARY DATA
 
 
 
 
 
 
 
15.1.1.1
KEY DATA FROM SECONDARY SOURCES
 
 
 
 
 
15.1.2
PRIMARY DATA
 
 
 
 
 
 
 
15.1.2.1
KEY DATA FROM PRIMARY SOURCES
 
 
 
 
 
 
15.1.2.2
PRIMARY PARTICIPANTS
 
 
 
 
 
 
15.1.2.3
BREAKDOWN OF PRIMARY INTERVIEWS
 
 
 
 
 
 
15.1.2.4
KEY INDUSTRY INSIGHTS
 
 
 
 
15.2
MARKET SIZE ESTIMATION
 
 
 
 
 
 
 
15.2.1
BOTTOM-UP APPROACH
 
 
 
 
 
 
15.2.2
TOP-DOWN APPROACH
 
 
 
 
 
15.3
GROWTH FORECAST
 
 
 
 
 
 
 
15.3.1
SUPPLY SIDE
 
 
 
 
 
 
15.3.2
DEMAND SIDE
 
 
 
 
 
15.4
DATA TRIANGULATION
 
 
 
 
 
 
15.5
FACTOR ANALYSIS
 
 
 
 
 
 
15.6
RESEARCH ASSUMPTIONS
 
 
 
 
 
 
15.7
RESEARCH LIMITATIONS
 
 
 
 
 
 
15.8
RISK ASSESSMENT
 
 
 
 
 
16
ADJACENT & RELATED MARKETS
 
 
 
 
 
266
 
16.1
INTRODUCTION
 
 
 
 
 
 
16.2
LIMITATIONS
 
 
 
 
 
 
16.3
BASE OIL MARKET
 
 
 
 
 
 
 
16.3.1
MARKET DEFINITION
 
 
 
 
 
 
16.3.2
MARKET OVERVIEW
 
 
 
 
 
16.4
BASE OIL MARKET, BY REGION
 
 
 
 
 
 
 
16.4.1
ASIA PACIFIC
 
 
 
 
 
 
16.4.2
EUROPE
 
 
 
 
 
 
16.4.3
NORTH AMERICA
 
 
 
 
 
 
16.4.4
MIDDLE EAST & AFRICA
 
 
 
 
 
 
16.4.5
SOUTH AMERICA
 
 
 
 
17
APPENDIX
 
 
 
 
 
274
 
17.1
DISCUSSION GUIDE
 
 
 
 
 
 
17.2
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
 
 
17.3
CUSTOMIZATION OPTIONS
 
 
 
 
 
 
17.4
RELATED REPORTS
 
 
 
 
 
 
17.5
AUTHOR DETAILS
 
 
 
 
 
LIST OF TABLES
 
 
 
 
 
 
 
TABLE 1
MARINE LUBRICANTS MARKET: PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
 
 
TABLE 2
GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2021–2030 (USD BILLION)
 
 
 
 
 
 
TABLE 3
MARINE LUBRICANTS MARKET: ROLE IN ECOSYSTEM
 
 
 
 
 
 
TABLE 4
AVERAGE SELLING PRICE OF MARINE LUBRICANTS OFFERED BY KEY PLAYERS, BY BASE OILS, 2024 (USD/KG)
 
 
 
 
 
 
TABLE 5
AVERAGE SELLING PRICE OF MARINE LUBRICANTS, BY REGION, 2023–2030 (USD/KG)
 
 
 
 
 
 
TABLE 6
EXPORT OF MARINE LUBRICANTS, BY REGION, 2020–2024 (USD BILLION)
 
 
 
 
 
 
TABLE 7
IMPORT OF MARINE LUBRICANTS, BY REGION, 2020–2024 (USD BILLION)
 
 
 
 
 
 
TABLE 8
MARINE LUBRICANTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2026
 
 
 
 
 
 
TABLE 9
TARIFF RATES
 
 
 
 
 
 
TABLE 10
PATENT STATUS: PATENT APPLICATIONS AND GRANTED PATENTS
 
 
 
 
 
 
TABLE 11
MAJOR PATENTS FOR MARINE LUBRICANTS
 
 
 
 
 
 
TABLE 12
PATENTS BY LUBRIZOL CORPORATION
 
 
 
 
 
 
TABLE 13
PATENTS BY BASF SE
 
 
 
 
 
 
TABLE 14
TOP 10 PATENT OWNERS IN US, 2015–2025
 
 
 
 
 
 
TABLE 15
NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
 
TABLE 16
EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
 
TABLE 17
ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
 
TABLE 18
MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
 
TABLE 19
SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
 
TABLE 20
GLOBAL STANDARDS IN MARINE LUBRICANTS MARKET
 
 
 
 
 
 
TABLE 21
CERTIFICATIONS, LABELING, AND ECO-STANDARDS IN MARINE LUBRICANTS MARKET
 
 
 
 
 
 
TABLE 22
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY PRODUCT TYPE (%)
 
 
 
 
 
 
TABLE 23
KEY BUYING CRITERIA, BY PRODUCT TYPE
 
 
 
 
 
 
TABLE 24
MARINE LUBRICANTS MARKET: UNMET NEEDS IN KEY APPLICATIONS
 
 
 
 
 
 
TABLE 25
MARINE LUBRICANTS MARKET, BY SHIP TYPE, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 26
MARINE LUBRICANTS MARKET, BY SHIP TYPE, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 27
MARINE LUBRICANTS MARKET, BY SHIP TYPE, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 28
MARINE LUBRICANTS MARKET, BY SHIP TYPE, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 29
MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 30
MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 31
MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 32
MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 33
ENGINE OIL: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 34
ENGINE OIL: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 35
ENGINE OIL: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 36
ENGINE OIL: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 37
HYDRAULIC FLUID: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 38
HYDRAULIC FLUID: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 39
HYDRAULIC FLUID: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 40
HYDRAULIC FLUID: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 41
COMPRESSOR OIL: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 42
COMPRESSOR OIL: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 43
COMPRESSOR OIL: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 44
COMPRESSOR OIL: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 45
OTHER PRODUCT TYPES: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 46
OTHER PRODUCT TYPES: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 47
OTHER PRODUCT TYPES: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 48
OTHER PRODUCT TYPES: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 49
MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 50
MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 51
MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 52
MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 53
MINERAL OIL: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 54
MINERAL OIL: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 55
MINERAL OIL: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 56
MINERAL OIL: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 57
SYNTHETIC OIL: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 58
SYNTHETIC OIL: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 59
SYNTHETIC OIL: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 60
SYNTHETIC OIL: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 61
BIO-BASED OIL: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 62
BIO-BASED OIL: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 63
BIO-BASED OIL: MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 64
BIO-BASED OIL: MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 65
MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 66
MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 67
MARINE LUBRICANTS MARKET, BY REGION, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 68
MARINE LUBRICANTS MARKET, BY REGION, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 69
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 70
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 71
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 72
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 73
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 74
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 75
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 76
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 77
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 78
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 79
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 80
ASIA PACIFIC: MARINE LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 81
CHINA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 82
CHINA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 83
CHINA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 84
CHINA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 85
SINGAPORE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 86
SINGAPORE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 87
SINGAPORE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 88
SINGAPORE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 89
HONG KONG: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 90
HONG KONG: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 91
HONG KONG: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 92
HONG KONG: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 93
SOUTH KOREA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 94
SOUTH KOREA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 95
SOUTH KOREA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 96
SOUTH KOREA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 97
MALAYSIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 98
MALAYSIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 99
MALAYSIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 100
MALAYSIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 101
JAPAN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 102
JAPAN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 103
JAPAN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 104
JAPAN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 105
TAIWAN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 106
TAIWAN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 107
TAIWAN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 108
TAIWAN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 109
INDIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 110
INDIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 111
INDIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 112
INDIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 113
AUSTRALIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 114
AUSTRALIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 115
AUSTRALIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 116
AUSTRALIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 117
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 118
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 119
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 120
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY BASE OIL 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 121
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 122
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 123
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 124
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 125
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 126
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 127
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 128
NORTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 129
US: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 130
US: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 131
US: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 132
US: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 133
CANADA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 134
CANADA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 135
CANADA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 136
CANADA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 137
MEXICO: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 138
MEXICO: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 139
MEXICO: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 140
MEXICO: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 141
EUROPE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 142
EUROPE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 143
EUROPE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 144
EUROPE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 145
EUROPE: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 146
EUROPE: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 147
EUROPE: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 148
EUROPE: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 149
EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 150
EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 151
EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 152
EUROPE: MARINE LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 153
GERMANY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 154
GERMANY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 155
GERMANY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 156
GERMANY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 157
NETHERLANDS: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 158
NETHERLANDS: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 159
NETHERLANDS: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 160
NETHERLANDS: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 161
BELGIUM: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 162
BELGIUM: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 163
BELGIUM: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 164
BELGIUM: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 165
SPAIN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 166
SPAIN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 167
SPAIN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 168
SPAIN: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 169
UK: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 170
UK: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 171
UK: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 172
UK: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 173
ITALY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 174
ITALY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 175
ITALY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 176
ITALY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 177
FRANCE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 178
FRANCE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 179
FRANCE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 180
FRANCE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 181
GREECE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 182
GREECE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 183
GREECE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 184
GREECE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 185
TURKEY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 186
TURKEY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 187
TURKEY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 188
TURKEY: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 189
RUSSIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 190
RUSSIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 191
RUSSIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 192
RUSSIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 193
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 194
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 195
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 196
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 197
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 198
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 199
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 200
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 201
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 202
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 203
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 204
MIDDLE EAST & AFRICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 205
UAE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 206
UAE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 207
UAE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 208
UAE: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 209
SAUDI ARABIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 210
SAUDI ARABIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 211
SAUDI ARABIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 212
SAUDI ARABIA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 213
SOUTH AFRICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 214
SOUTH AFRICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 215
SOUTH AFRICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 216
SOUTH AFRICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 217
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 218
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 219
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 220
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 221
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 222
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 223
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 224
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 225
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 226
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 227
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 228
SOUTH AMERICA: MARINE LUBRICANTS MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 229
BRAZIL: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 230
BRAZIL: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 231
BRAZIL: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 232
BRAZIL: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 233
PANAMA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 234
PANAMA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 235
PANAMA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 236
PANAMA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 237
ARGENTINA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 238
ARGENTINA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 239
ARGENTINA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2020–2024 (KILOTON)
 
 
 
 
 
 
TABLE 240
ARGENTINA: MARINE LUBRICANTS MARKET, BY BASE OIL, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 241
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2025
 
 
 
 
 
 
TABLE 242
MARINE LUBRICANTS MARKET: DEGREE OF COMPETITION, 2024
 
 
 
 
 
 
TABLE 243
REGIONAL FOOTPRINT, 2024
 
 
 
 
 
 
TABLE 244
SHIP TYPE FOOTPRINT, 2024
 
 
 
 
 
 
TABLE 245
PRODUCT TYPE FOOTPRINT, 2024
 
 
 
 
 
 
TABLE 246
LIST OF START-UPS/SMES, 2024
 
 
 
 
 
 
TABLE 247
COMPETITIVE BENCHMARKING OF START-UPS/SMES, 2024
 
 
 
 
 
 
TABLE 248
MARINE LUBRICANTS MARKET: PRODUCT LAUNCHES, JANUARY 2020–SEPTEMBER 2025
 
 
 
 
 
 
TABLE 249
MARINE LUBRICANTS MARKET: DEALS, JANUARY 2020– SEPTEMBER 2025
 
 
 
 
 
 
TABLE 250
MARINE LUBRICANTS MARKET: EXPANSIONS, JANUARY 2020–DECEMBER 2025
 
 
 
 
 
 
TABLE 251
BP P.L.C.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 252
BP P.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 253
BP P.L.C.: PRODUCT LAUNCHES
 
 
 
 
 
 
TABLE 254
BP P.L.C.: EXPANSIONS
 
 
 
 
 
 
TABLE 255
CHEVRON CORPORATION: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 256
CHEVRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 257
CHEVRON CORPORATION: PRODUCT LAUNCHES
 
 
 
 
 
 
TABLE 258
CHEVRON CORPORATION: DEALS
 
 
 
 
 
 
TABLE 259
CHEVRON CORPORATION: EXPANSIONS
 
 
 
 
 
 
TABLE 260
EXXON MOBIL CORPORATION: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 261
EXXON MOBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 262
EXXON MOBIL CORPORATION: PRODUCT LAUNCHES
 
 
 
 
 
 
TABLE 263
EXXON MOBIL CORPORATION: DEALS
 
 
 
 
 
 
TABLE 264
EXXON MOBIL CORPORATION: EXPANSIONS
 
 
 
 
 
 
TABLE 265
SHELL PLC: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 266
SHELL PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 267
SHELL PLC: PRODUCT LAUNCHES
 
 
 
 
 
 
TABLE 268
SHELL PLC: EXPANSIONS
 
 
 
 
 
 
TABLE 269
SHELL PLC: DEALS
 
 
 
 
 
 
TABLE 270
TOTALENERGIES SE: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 271
TOTALENERGIES SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 272
TOTALENERGIES SE: PRODUCT LAUNCHES
 
 
 
 
 
 
TABLE 273
TOTALENERGIES SE: EXPANSIONS
 
 
 
 
 
 
TABLE 274
TOTALENERGIES SE: DEALS
 
 
 
 
 
 
TABLE 275
PETRONAS: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 276
PETRONAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 277
PETRONAS: PRODUCT LAUNCHES
 
 
 
 
 
 
TABLE 278
IDEMITSU KOSAN CO., LTD: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 279
IDEMITSU KOSAN CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 280
CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 281
CHINA PETROLEUM & CHEMICAL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 282
CHINA PETROLEUM & CHEMICAL CORPORATION: EXPANSIONS
 
 
 
 
 
 
TABLE 283
PETROCHINA COMPANY LIMITED: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 284
PETROCHINA COMPANY LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 285
FUCHS SE: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 286
FUCHS SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 287
FUCHS SE: PRODUCT LAUNCHES
 
 
 
 
 
 
TABLE 288
FUCHS SE: DEALS
 
 
 
 
 
 
TABLE 289
FUCHS SE: EXPANSIONS
 
 
 
 
 
 
TABLE 290
LUKOIL: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 291
LUKOIL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 292
LUKOIL: DEALS
 
 
 
 
 
 
TABLE 293
ENEOS HOLDINGS, INC.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 294
ENEOS HOLDINGS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 295
GULF OIL INTERNATIONAL LTD.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 296
GULF OIL INTERNATIONAL LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 297
GULF OIL INTERNATIONAL LTD.: PRODUCT LAUNCHES
 
 
 
 
 
 
TABLE 298
EMIRATES NATIONAL OIL COMPANY (ENOC): COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 299
EMIRATES NATIONAL OIL COMPANY (ENOC): PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 300
EMIRATES NATIONAL OIL COMPANY (ENOC): PRODUCT LAUNCHES
 
 
 
 
 
 
TABLE 301
EMIRATES NATIONAL OIL COMPANY (ENOC): DEALS
 
 
 
 
 
 
TABLE 302
ENI S.P.A.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 303
ENI S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 304
INDIAN OIL CORPORATION LIMITED: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 305
INDIAN OIL CORPORATION LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 306
INDIAN OIL CORPORATION LIMITED: DEALS
 
 
 
 
 
 
TABLE 307
MOEVE: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 308
MOEVE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 309
GAZPROM: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 310
GAZPROM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 311
CALUMET, INC.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 312
CALUMET, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 313
ADDINOL LUBE OIL GMBH: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 314
SK ENMOVE CO., LTD.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 315
GANDHAR OIL REFINERY (INDIA) LIMITED: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 316
PENRITE OIL COMPANY: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 317
SCHAEFFER MANUFACTURING CO.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 318
DYADE LUBRICANTS: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 319
KLÜBER LUBRICATION: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 320
ASIA PACIFIC: BASE OIL MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 321
ASIA PACIFIC: BASE OIL MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 322
ASIA PACIFIC: BASE OIL MARKET, BY COUNTRY, 2021–2024 (KILOTON)
 
 
 
 
 
 
TABLE 323
ASIA PACIFIC: BASE OIL MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 324
EUROPE: BASE OIL MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 325
EUROPE: BASE OIL MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 326
EUROPE: BASE OIL MARKET, BY COUNTRY, 2021–2024 (KILOTON)
 
 
 
 
 
 
TABLE 327
EUROPE: BASE OIL MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 328
NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 329
NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 330
NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2021–2024 (KILOTON)
 
 
 
 
 
 
TABLE 331
NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 332
MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 333
MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 334
MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY, 2021–2024 (KILOTON)
 
 
 
 
 
 
TABLE 335
MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
 
 
TABLE 336
SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
 
 
TABLE 337
SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
 
 
TABLE 338
SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2021–2024 (KILOTON)
 
 
 
 
 
 
TABLE 339
SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
 
 
LIST OF FIGURES
 
 
 
 
 
 
 
FIGURE 1
MARINE LUBRICANTS MARKET SEGMENTATION
 
 
 
 
 
 
FIGURE 2
KEY INSIGHTS AND MARKET SCENARIO
 
 
 
 
 
 
FIGURE 3
GLOBAL MARINE LUBRICANTS MARKET, 2021–2030
 
 
 
 
 
 
FIGURE 4
MAJOR STRATEGIES ADOPTED BY KEY PLAYERS IN MARINE LUBRICANTS MARKET
 
 
 
 
 
 
FIGURE 5
DISRUPTIVE TRENDS IMPACTING GROWTH OF MARINE LUBRICANTS MARKET
 
 
 
 
 
 
FIGURE 6
HIGH-GROWTH SEGMENTS IN MARINE LUBRICANTS MARKET
 
 
 
 
 
 
FIGURE 7
ASIA PACIFIC TO BE LARGEST AND FASTEST-GROWING REGION DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 8
STRONG GROWTH IN SEABORNE TRADE TO DRIVE MARKET
 
 
 
 
 
 
FIGURE 9
MINERAL OIL AND ASIA PACIFIC WERE LEADING SEGMENTS IN 2024
 
 
 
 
 
 
FIGURE 10
COMPRESSOR OIL TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 11
INDIA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 12
DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN MARINE LUBRICANTS MARKET
 
 
 
 
 
 
FIGURE 13
MARINE LUBRICANTS MARKET: PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
 
 
FIGURE 14
MARINE LUBRICANTS MARKET: SUPPLY CHAIN ANALYSIS
 
 
 
 
 
 
FIGURE 15
MARINE LUBRICANTS MARKET: KEY PARTICIPANTS IN ECOSYSTEM
 
 
 
 
 
 
FIGURE 16
MARINE LUBRICANTS MARKET: ECOSYSTEM ANALYSIS
 
 
 
 
 
 
FIGURE 17
AVERAGE SELLING PRICE OF MARINE LUBRICANTS OFFERED BY KEY PLAYERS, BY TOP THREE BASE OILS, 2024
 
 
 
 
 
 
FIGURE 18
AVERAGE SELLING PRICE TREND OF MARINE LUBRICANTS, BY REGION, 2023–2030
 
 
 
 
 
 
FIGURE 19
EXPORT DATA FOR HS CODE- 2710-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2020–2024
 
 
 
 
 
 
FIGURE 20
IMPORT DATA FOR HS CODE – 2710-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2020–2024
 
 
 
 
 
 
FIGURE 21
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
 
 
FIGURE 22
PATENTS REGISTERED, 2015–2025
 
 
 
 
 
 
FIGURE 23
LIST OF MAJOR PATENTS FOR BLACK MASTERBATCH
 
 
 
 
 
 
FIGURE 24
LEGAL STATUS OF PATENTS FILED IN MARINE LUBRICANTS MARKET
 
 
 
 
 
 
FIGURE 25
MAXIMUM PATENTS FILED IN JURISDICTION OF US
 
 
 
 
 
 
FIGURE 26
IMPACT OF AI/GEN AI ON MARINE LUBRICANTS MARKET
 
 
 
 
 
 
FIGURE 27
MARINE LUBRICANTS MARKET: DECISION-MAKING FACTORS
 
 
 
 
 
 
FIGURE 28
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY PRODUCT TYPE
 
 
 
 
 
 
FIGURE 29
KEY BUYING CRITERIA, BY PRODUCT TYPE
 
 
 
 
 
 
FIGURE 30
ADOPTION BARRIERS & INTERNAL CHALLENGES
 
 
 
 
 
 
FIGURE 31
BULK CARRIERS TO LEAD MARINE LUBRICANTS MARKET DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 32
ENGINE OIL TO LEAD MARINE LUBRICANTS MARKET DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 33
MINERAL OIL IS PROJECTED TO LEAD MARINE LUBRICANTS MARKET DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 34
ASIA PACIFIC TO LEAD MARINE LUBRICANTS MARKET BETWEEN 2025 AND 2030
 
 
 
 
 
 
FIGURE 35
ASIA PACIFIC: MARINE LUBRICANTS MARKET SNAPSHOT
 
 
 
 
 
 
FIGURE 36
NORTH AMERICA: MARINE LUBRICANTS MARKET SNAPSHOT
 
 
 
 
 
 
FIGURE 37
EUROPE: MARINE LUBRICANTS MARKET SNAPSHOT
 
 
 
 
 
 
FIGURE 38
MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024
 
 
 
 
 
 
FIGURE 39
REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2024 (USD MILLION)
 
 
 
 
 
 
FIGURE 40
COMPANY EVALUATION MATRIX, KEY PLAYERS, 2024
 
 
 
 
 
 
FIGURE 41
COMPANY FOOTPRINT, 2024
 
 
 
 
 
 
FIGURE 42
COMPANY EVALUATION MATRIX, START-UPS/SMES, 2024
 
 
 
 
 
 
FIGURE 43
PRODUCT COMPARISON
 
 
 
 
 
 
FIGURE 44
FINANCIAL METRICS (EV/EBITDA), 2026
 
 
 
 
 
 
FIGURE 45
COMPANY VALUATION, 2026
 
 
 
 
 
 
FIGURE 46
BP P.L.C.: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 47
CHEVRON CORPORATION: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 48
EXXON MOBIL CORPORATION: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 49
SHELL PLC: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 50
TOTALENERGIES SE: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 51
PETRONAS: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 52
IDEMITSU KOSAN CO., LTD: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 53
CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 54
PETROCHINA COMPANY LIMITED: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 55
FUCHS SE: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 56
ENEOS HOLDINGS, INC.: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 57
ENI S.P.A.: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 58
INDIAN OIL CORPORATION LIMITED: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 59
MOEVE: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 60
GAZPROM: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 61
CALUMET, INC.: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 62
MARINE LUBRICANTS MARKET: RESEARCH DESIGN
 
 
 
 
 
 
FIGURE 63
MARKET SIZE ESTIMATION METHODOLOGY APPROACH 1 (SUPPLY SIDE): COLLECTIVE MARKET SHARE OF KEY PLAYERS
 
 
 
 
 
 
FIGURE 64
MARKET SIZE ESTIMATION METHODOLOGY APPROACH 2 (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS
 
 
 
 
 
 
FIGURE 65
MARKET SIZE ESTIMATION METHODOLOGY APPROACH 3 (DEMAND SIDE)
 
 
 
 
 
 
FIGURE 66
TOP-DOWN APPROACH
 
 
 
 
 
 
FIGURE 67
CAGR PROJECTIONS FROM SUPPLY SIDE
 
 
 
 
 
 
FIGURE 68
GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS
 
 
 
 
 
 
FIGURE 69
DATA TRIANGULATION
 
 
 
 
 
 

Methodology

The study involved four major activities in estimating the Marine Lubricants Market size. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

Secondary Research

Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below.

Primary Research

The Marine Lubricants Market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by engine oil, turbine oil, gear oil, grease, hydraulic oil, compressor oil, metalworking fluid, and others. Advancements in technology and diverse application industries characterize the supply side. Various primary sources from the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Market Size Estimation

Top-down and bottom-up approaches were used to estimate and validate the total size of theMarine Lubricants Market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following parameters:

  • The key players in the industry have been identified through extensive secondary research.
  • The supply chain of the industry has been determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the lubricants industry.

Market Definition

The Marine Lubricants Market encompasses a range of substances engineered to diminish friction between surfaces, thereby reducing heat generation and facilitating the transmission of forces during movement. These substances also serve to transport foreign particles and regulate surface temperatures. Employed across diverse applications, from industrial machinery and cooking to bioapplications such as artificial joints, medical procedures, and intimate relations, lubricants are pivotal in mitigating friction, wear, heat generation, noise, and vibrations within mechanical systems.

Stakeholders

  • Lubricants manufacturers
  • Lubricants suppliers
  • Raw material suppliers
  • Service providers
  • Application sector companies
  • Government bodies

Report Objectives

  • To define, describe, and forecast the Marine Lubricants Market in terms of value and volume
  • To provide detailed information regarding the drivers, opportunities, restraints, and challenges influencing market growth
  • To estimate and forecast the market size by base oil type, product type, end-use industry,  and region
  • To forecast the size of the market for five main regions: Asia Pacific, Europe, North America, South America, and the Middle East & Africa, along with their key countries
  • To strategically analyze micromarkets1 with respect to their growth trends, prospects, and contribution to the overall market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To analyze competitive developments, such as deals and expansions, in the market
  • To analyze the impact of the recession on the market
  • To strategically profile key players and comprehensively analyze their growth strategies.

 

 

TABLE OF CONTENTS

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