Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Aviation Lubricants Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Aviation Lubricants Market Grow Between 2024 and 2025?
The aviation lubricants market has seen robust growth in the past. The market size is set to escalate from $1.89 billion in 2024 to $2 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%.
How Much Will the Aviation Lubricants Market Be Worth in 2029?
The Aviation Lubricants market is predicted to expand to a size of $2.66 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 7.4%.
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Which Aviation Lubricants Market Drivers Are Linked to Revenue Growth?
The key Drivers in the aviation lubricants market are:
• Increase in air passenger traffic leading to an upsurge in aircraft maintenance needs
• Growing demand for new aircraft to cater to expanding air travel demands
• Increased lifespan of aircrafts owing to the use of aviation lubricants
• The critical role of aviation lubricants in providing engine cooling, cleanliness, and corrosion prevention functions.
Which Segments Are Expected to Grow in the Aviation Lubricants Market?
The aviation lubricantsmarket covered in this report is segmented –
1) By Type: Engine Oil, Grease, Special Lubricants And Additives, Hydraulic Fluid
2) By Aircrafts: Business Jets and Turboprop Planes, Large Commercial Jets, Piston Engine Aircraft, Defense Aircraft, Helicopters, Other Aircrafts
3) By Technology: Synthetic, Mineral Based
4) By Application: Hydraulic Systems, Engine
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What Are The Key Trends Impacting Growth In The Global Aviation Lubricants Market?
The key trends in the aviation lubricants market are:
• The growing popularity of eco-friendly and safe aviation fuel and lubricants marks a key emerging trend.
• The aviation lubricants market is feeling the impact of increased environmental concern, resulting in the need for sustainable products.
• The development of high-quality aviation lubricants that support operational efficiencies and reduce carbon emissions is a significant trend.
• Companies are partnering to enhance performance and sustainability and align with their environmental goals.
Who Are the Key Competitors in the Global Aviation Lubricants Market?
The key players in the aviation lubricants market are:
• Aerospace Lubricants Inc.
• Eastman Chemical Company
• Exxon Mobil Corporation
• The Chemours Company
• Lanxess AG
• Royal Dutch Shell plc
• NYCO Tournai Plant
• Langepas Uray and Kogalym Oil Inc.
• Nye Lubricants Inc.
• Ragosine Oil Company
• JET-LUBE Ltd.
• TotalEnergies SE
• BP p.l.c.
• Phillips Petroleum Company
• Tecsia Lubricants Pte Ltd.
• AeroShell
• Castrol Ltd.
• Chevron Corporation
• ConocoPhillips Company
• Fuchs Petrolub SE
• Gulf Oil Marine Ltd.
• Houghton International Inc.
• Lubrizol Corporation
• Morris Lubricants Ltd.
• Petro-Canada Lubricants Inc.
• Quaker Chemical Corporation
• China Petroleum & Chemical Corporation (Sinopec)
• Valvoline Inc.
• Whitmore Manufacturing LLC
• Calumet Branded Products LLC
Where Is the Aviation Lubricants Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the aviation lubricants market in 2024
