Biolubricants, also known as bio-based lubricants or bio-lubes, are made from a variety of vegetable oils, such as rapeseed, canola, sunflower, soybean, palm, and coconut oils.
This report contains market size and forecasts of Biolubricants in global, including the following market information:
Global Biolubricants Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Biolubricants Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Biolubricants companies in 2021 (%)
The global Biolubricants market was valued at 2939.7 million in 2021 and is projected to reach US$ 4209.7 million by 2028, at a CAGR of 5.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Vegetable Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Biolubricants include Exxon Mobil, Shell, British Petroleum., TOTAL, Chevron, Renewable Lubricants, Panolin, UBL and Statoil Lubricants and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biolubricants manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biolubricants Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Biolubricants Market Segment Percentages, by Type, 2021 (%)
Vegetable Oil
Animal Oil
Global Biolubricants Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Biolubricants Market Segment Percentages, by Application, 2021 (%)
Industrial Use
Commercial Transport
Consumer Automobile
Global Biolubricants Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Biolubricants Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biolubricants revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Biolubricants revenues share in global market, 2021 (%)
Key companies Biolubricants sales in global market, 2017-2022 (Estimated), (MT)
Key companies Biolubricants sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Exxon Mobil
Shell
British Petroleum.
TOTAL
Chevron
Renewable Lubricants
Panolin
UBL
Statoil Lubricants
Binol Biolubricants