Aviation Lubricants Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030, Segmented By Type (By Aircraft Type (Narrow Body Aircrafts, Rotorcraft, Business Aircrafts, Regional Aircrafts, Wide Body Aircrafts, and Fighter Aircrafts), By Type (Engine Oil, Hydraulic Fluid, Grease, Special Lubricants & Additives), By Technology (Synthetic and Mineral Based), By End User (Af
Published Date: March - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationThe size of the Global Aviation Lubricant Market was USD 804 million in 2022 and is projected to reach USD 1,082 million by 2027, growing at a CAGR of 6.1% during the forecast period.
Global Aviation lubricants Market is expected to grow over the forecast period. Global aviation sector is increasing which also enhances the global aviation lubricants market. There are numerous moving parts on every aircraft that are attached to the aircraft system. Aircraft lubrication is necessary in aircrafts for frictionless operation to prevent wear and tear between aircraft parts in direct contact. Aviation lubrication is being used more extensively to reduce metal component friction and operate over a broad temperature spectrum. Smooth functioning of components and parts, which also adds to better engine efficiency & fuel economy is ensured by lubrication. Aviation lubricants are high-pressure and heat-resistant. Besides, Other uses of aviation lubricants are in cooling components, giving anti-rust and anti-corrosion properties, filling gaps, etc.
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Aviation lubricants are formulated to lubricate some of the moving components of an aircraft engine like bearings, gears, camshaft, rocker arms, cylinder walls, piston rings, push rods, and sockets along with providing other performance attributes like cooling of the engine and corrosion inhibition. Additionally, drivers of the aviation lubricants market growth are increasing worldwide tourism, lubricants continuously improved quality, advancement in aviation technology, and other. Thus, it is estimated that the growth of the travel and tourist industries would drive demand for aviation lubricants.
In addition, with a rise in aircraft deliveries and a large fleet of commercial and regional jets, demand for aviation lubricants is increasing around the world. The value chain of the aviation sector was affected by the global COVID-19 pandemic. Delays in partnerships and collaboration were the reason behind travel bans by many countries in Europe, North America, and Asia-Pacific. But the world aviation lubricants market is showing signs of recovery and is expected to recover in the coming years due to the growth of the global logistics industry and growing travel and tourist sector.
Periodic Maintenance of Aircrafts Drives the Market
According to Our World in Data Organization, passengers per fatality has shown drastic decrease to 5 million in 2020 from 15 million passengers per fatality in 2019.
Rising Global Tourism
According to the tourism statistics report published by the United Nations World Tourism Organization (UNWTO), a total of approximately 25 million international tourist arrivals were reported in year 1950 and 69 years later, the number has advanced to 1.4 billion international arrivals per year in year 2019, undergoing a growth of 56 times.
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Increasing shift toward air travel
Aviation lubricants are expected to see a significant increase in demand due to rising air travel demand and freight activity. Furthermore, rapid urbanization and industrialization, which have already resulted in an increase in air travel in recent years, predict that this trend will continue throughout the forecast period. Many governments growing interest in expanding trade, immigration, and visa policies is expected to bring up a variety of market opportunities for aviation lubricants. Owing to above mention, global aviation lubricants has potential to grow at a higher rate in upcoming years.
Market Segmentation
The key players in the aviation lubricants market include ExxonMobil, Royal Dutch Shell, TotalEnergies, BP (Air BP), and NYCO
Company Profiles
British Petroleum Company PLC, Royal Dutch Shell plc, Exxon Mobil Corporation, TotalEnergies SE, The Phillips 66 Company, The Chemours Company, Whitmore Manufacturing LLC, NYE Lubricants, INC., Eastman Chemical Company, Aerospace Lubricants, INC. are the key players developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.
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Attribute |
Details |
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Base Year |
2022 |
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Historical Years |
2018 – 2022 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2030 |
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Quantitative Units |
Revenue in USD Billion, and CAGR for 2018-2022 and 2023-2030 |
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Report Coverage |
Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
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Segments Covered |
By Aircraft Type By Type By Technology By End User Region |
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Regional Scope |
Asia-Pacific, North America, Europe, Middle East & Africa, South America |
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Country Scope |
Germany, Russia, France, Spain, Italy, United Kingdom, Poland, Netherland, United States, Canada, Mexico, Argentina, Brazil, Colombia, China, India, Japan, South Korea, Australia, Thailand, Qatar, Israel, Saudi Arabia, United Arab Emirates, South Africa. |
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Key Companies Profiled |
British Petroleum Company PLC, Royal Dutch Shell Plc, Exxon Mobil Corporation, TotalEnergies SE, The Phillips 66 Company, The Chemours Company, Whitmore Manufacturing LLC, NYE Lubricants INC., Eastman Chemical Company, Aerospace Lubricants INC. |
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Customization Scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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