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What are the key dynamics influencing the Lubricating Oil Refining market growth? SWOT analysis of the Lubricating Oil Refining market.

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Global Lubricating Oil Refining Market Report 2025

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Published : December 2025

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Lubricating Oil Refining Global Market Report 2025

Name: Lubricating Oil Refining Global Market Report 2025
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

By Product Type (Mineral Oils, Synthetic Oils, Biolubricants, Semi-synthetic Oils), By Viscosity Grade (Low Viscosity, Medium Viscosity, High Viscosity), By Additive Type (Detergents, Antioxidants, Anti-wear Additives, Viscosity Index Improvers, Corrosion Inhibitors), By Application (Automotive Oils, Industrial Oils, Aerospace Oils, Marine Oils, Specialty Oils) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Lubricating Oil Refining Market Overview

• Lubricating Oil Refining market size has reached to $18.39 billion in 2024

• Expected to grow to $24.93 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%

• Growth Driver: Increasing Demand For Cleaner Fuels Driving The Growth Of The Market Due To Focus On Reducing Emissions And Enhancing Fuel Quality

• North America was the largest region in 2024.

What Is Covered Under Lubricating Oil Refining Market?

Lubricating oil refining refers to the process of transforming crude or used oils into high-quality base oils that can be used in the production of lubricants. This process often involves refining, filtering, and purifying oils to remove impurities and enhance their performance for various industrial and automotive applications.

The main product types of lubricating oil refining are mineral oils, synthetic oils, bio lubricants, and semi-synthetic oils. Mineral oils are refined petroleum-based liquids derived from crude oil, commonly used as lubricants, coolants, and insulating fluids in various industrial and automotive applications. They come in different viscosity grades such as low viscosity, medium viscosity, and high viscosity. They also contain various additives, including detergents, antioxidants, anti-wear additives, viscosity index improvers, and corrosion inhibitors. These oils are used in many applications, including automotive oils, industrial oils, aerospace oils, marine oils, and specialty oils.

Lubricating Oil Refining Market Size and growth rate 2025 to 2029: Graph

What Is The Lubricating Oil Refining Market Size 2025 And Growth Rate?

What Is The Lubricating Oil Refining Market Growth Forecast?

The lubricating oil refining market size is expected to see strong growth in the next few years. It will grow to $24.93 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to increasing demand for cleaner fuels, a shift towards biofuels and renewable energy sources, increasing industrialization, rapid urbanization, and an increasing need for efficient and reliable lubricants. Major trends in the forecast period include technological advancements, developments in lubricant formulae, transition to bio-based lubricants, digital technology integration in refining operations, and enhanced attention to circular economy practices.

The forecast of 6.3% growth over the next five years reflects a modest reduction of 0.3% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through reduced availability of hydroprocessing catalysts from the Netherlands and vacuum distillation components from Canada, potentially decreasing base oil production yields.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Oil and Gas Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly affecting the oil and gas sector, particularly in exploration equipment, pipeline infrastructure, and refinery operations. Elevated duties on imported drilling rigs, steel pipes, and specialized machinery have driven up capital costs for both upstream and downstream activities. Midstream operators are burdened by price hikes on valves, compressors, and storage tanks, disrupting ongoing expansion projects. Meanwhile, refiners face rising costs for imported catalysts and control systems essential for processing efficiency. Retaliatory tariffs from key trade partners have also dampened U.S. exports of liquefied natural gas (LNG) and crude oil, weakening market competitiveness. To mitigate these challenges, companies are increasingly investing in domestic manufacturing partnerships, digital asset management, and energy diversification strategies to sustain operations and protect profit margins.

How Is The Lubricating Oil Refining Market Segmented?

1) By Product Type: Mineral Oils, Synthetic Oils, Biolubricants, Semi-synthetic Oils

2) By Viscosity Grade: Low Viscosity, Medium Viscosity, High Viscosity

3) By Additive Type: Detergents, Antioxidants, Anti-wear Additives, Viscosity Index Improvers, Corrosion Inhibitors

4) By Application: Automotive Oils, Industrial Oils, Aerospace Oils, Marine Oils, Specialty Oils

Subsegmentss:

1) By Mineral Oils: Paraffinic Mineral Oils, Naphthenic Mineral Oils, Aromatic Mineral Oils

2) By Synthetic Oils: Polyalphaolefins (PAO), Polyalkylene Glycols (PAG), Esters, Silicones

3) By Biolubricants: Vegetable Oil-Based Lubricants, Animal Fat-Based Lubricants, Synthetic Ester-Based Biolubricants

4) By Semi-Synthetic Oils: Low-Synthetic Content Blends, High-Synthetic Content Blends, Ester-Enhanced Semi-Synthetic Oils

What Is Driving The Lubricating Oil Refining Market? Increasing Demand For Cleaner Fuels Driving The Growth Of The Market Due To Focus On Reducing Emissions And Enhancing Fuel Quality

The increasing demand for cleaner fuels is expected to propel the growth of the lubricating oil refining market going forward. Cleaner fuels refer to energy sources that produce fewer pollutants and greenhouse gas emissions compared to conventional fossil fuels. The demand for cleaner fuels is rising as they help reduce air pollution, lowering greenhouse gas emissions, and mitigating climate change, ultimately contributing to a healthier and more sustainable environment. Lubricating oil refining helps produce cleaner fuels by removing impurities, sulfur, and unwanted compounds, enhancing fuel efficiency, and improving engine performance. For instance, in December 2022, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, the global demand for biofuels is projected to grow by 6%, equating to an annual increase of 9,100 million liters (MLPY) between 2021 and 2022. Therefore, the increasing demand for cleaner fuels is driving the growth of the lubricating oil refining industry.

Who Are The Major Players In The Global Lubricating Oil Refining Market?

Major companies operating in the lubricating oil refining market are Sinopec Group, PetroChina Company Limited, ExxonMobil Corporation, Shell plc, TotalEnergies SE, British Petroleum, Chevron Corporation, Idemitsu Kosan Co. Ltd., Lukoil, Neste Oyj, Clean Harbors Inc., Fuchs SE, AVISTA OIL AG, Valvoline Inc., Heritage-Crystal Clean Inc., Gulf Oil, Motul S.A., Pentas Flora, AVISTA Green, Hyrax Oil

What Are The Key Trends Of The Global Lubricating Oil Refining Market? Advancements In Re-Refining Technology Drive Shift To High-Performance Base Oils

Major companies operating in the lubricating oil refining market are focusing on advancements in technology, such as advanced re-refining technologies, to enhance efficiency, improve product quality, and reduce environmental impact by refining used oils into high-performance base oils. Advanced re-refining technologies are innovative processes that clean and recycle used lubricating oils, removing contaminants and restoring them to high-quality base oils for reuse. For instance, in September 2024, Pentas Flora, a Malaysia-based waste management company, launched re-refined Group II N150 base oil, aligning with industry trends toward higher-performance, premium-grade base oils. The shift was driven by the lubricant industry’s demand for better fuel economy, extended drain intervals, lower emissions, and improved performance. Pentas Flora’s re-refining process involves distillation, solvent extraction, and lube polishing, enabling it to produce higher-quality, low-sulfur base oils that meet Group II and III specifications.

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What Are Latest Mergers And Acquisitions In The Lubricating Oil Refining Market? TotalEnergies Acquires Tecoil To Boost Circular Economy In Lubricants

In July 2024, TotalEnergies SE, a France-based petroleum business company, acquired Str Tecoil Oy for an undisclosed amount. With this acquisition, TotalEnergies aims to expand the use of re-refined base oils (RRBOs) in lubricant production, enhance sustainability, reduce the carbon footprint of lubricants, and meet growing demand for high-performance, eco-friendly products by leveraging Tecoil’s expertise in used oil regeneration. Str Tecoil Oy is a Finland-based Finnish oil re-refining company that specializes in recycling used lubricating oils.

What Is The Regional Outlook For The Global Lubricating Oil Refining Market?

North America was the largest region in the lubricating oil refining market in 2024. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Lubricating Oil Refining Market?

The lubricating oil refining market consists of sales of re-refined lubricants, grease-based lubricants, base oils, and finished lubricants. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Lubricating Oil Refining Industry?

The lubricating oil refining market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the lubricating oil refining industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Lubricating Oil Refining Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$19.5 billion
Revenue Forecast In 2034	$24.93 billion
Growth Rate	CAGR of 6.3% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	The lubricating oil refining market covered in this report is segmented – 1) By Product Type: Mineral Oils, Synthetic Oils, Biolubricants, Semi-synthetic Oils 2) By Viscosity Grade: Low Viscosity, Medium Viscosity, High Viscosity 3) By Additive Type: Detergents, Antioxidants, Anti-wear Additives, Viscosity Index Improvers, Corrosion Inhibitors 4) By Application: Automotive Oils, Industrial Oils, Aerospace Oils, Marine Oils, Specialty Oils Subsegmentss: 1) By Mineral Oils: Paraffinic Mineral Oils, Naphthenic Mineral Oils, Aromatic Mineral Oils 2) By Synthetic Oils: Polyalphaolefins (PAO), Polyalkylene Glycols (PAG), Esters, Silicones 3) By Biolubricants: Vegetable Oil-Based Lubricants, Animal Fat-Based Lubricants, Synthetic Ester-Based Biolubricants 4) By Semi-Synthetic Oils: Low-Synthetic Content Blends, High-Synthetic Content Blends, Ester-Enhanced Semi-Synthetic Oils
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Sinopec Group, PetroChina Company Limited, ExxonMobil Corporation, Shell plc, TotalEnergies SE, British Petroleum, Chevron Corporation, Idemitsu Kosan Co. Ltd., Lukoil, Neste Oyj, Clean Harbors Inc., Fuchs SE, AVISTA OIL AG, Valvoline Inc., Heritage-Crystal Clean Inc., Gulf Oil, Motul S.A., Pentas Flora, AVISTA Green, Hyrax Oil
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Lubricating Oil Refining Market Characteristics

3. Lubricating Oil Refining Market Trends And Strategies

4. Lubricating Oil Refining Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Lubricating Oil Refining Growth Analysis And Strategic Analysis Framework

5.1. Global Lubricating Oil Refining PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Lubricating Oil Refining Market Growth Rate Analysis

5.4. Global Lubricating Oil Refining Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Lubricating Oil Refining Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Lubricating Oil Refining Total Addressable Market (TAM)

6. Lubricating Oil Refining Market Segmentation

6.1. Global Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Mineral Oils

Synthetic Oils

Biolubricants

Semi-synthetic Oils

6.2. Global Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Low Viscosity

Medium Viscosity

High Viscosity

6.3. Global Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Detergents

Antioxidants

Anti-wear Additives

Viscosity Index Improvers

Corrosion Inhibitors

6.4. Global Lubricating Oil Refining Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Automotive Oils

Industrial Oils

Aerospace Oils

Marine Oils

Specialty Oils

6.5. Global Lubricating Oil Refining Market, Sub-Segmentation Of Mineral Oils, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Paraffinic Mineral Oils

Naphthenic Mineral Oils

Aromatic Mineral Oils

6.6. Global Lubricating Oil Refining Market, Sub-Segmentation Of Synthetic Oils, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Polyalphaolefins (PAO)

Polyalkylene Glycols (PAG)

Esters

Silicones

6.7. Global Lubricating Oil Refining Market, Sub-Segmentation Of Biolubricants, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Vegetable Oil-Based Lubricants

Animal Fat-Based Lubricants

Synthetic Ester-Based Biolubricants

6.8. Global Lubricating Oil Refining Market, Sub-Segmentation Of Semi-Synthetic Oils, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Low-Synthetic Content Blends

High-Synthetic Content Blends

Ester-Enhanced Semi-Synthetic Oils

7. Lubricating Oil Refining Market Regional And Country Analysis

7.1. Global Lubricating Oil Refining Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Lubricating Oil Refining Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Lubricating Oil Refining Market

8.1. Asia-Pacific Lubricating Oil Refining Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Lubricating Oil Refining Market

9.1. China Lubricating Oil Refining Market Overview

9.2. China Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Lubricating Oil Refining Market

10.1. India Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Lubricating Oil Refining Market

11.1. Japan Lubricating Oil Refining Market Overview

11.2. Japan Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Lubricating Oil Refining Market

12.1. Australia Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Lubricating Oil Refining Market

13.1. Indonesia Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Lubricating Oil Refining Market

14.1. South Korea Lubricating Oil Refining Market Overview

14.2. South Korea Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Lubricating Oil Refining Market

15.1. Western Europe Lubricating Oil Refining Market Overview

15.2. Western Europe Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Lubricating Oil Refining Market

16.1. UK Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Lubricating Oil Refining Market

17.1. Germany Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Lubricating Oil Refining Market

18.1. France Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Lubricating Oil Refining Market

19.1. Italy Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Lubricating Oil Refining Market

20.1. Spain Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Lubricating Oil Refining Market

21.1. Eastern Europe Lubricating Oil Refining Market Overview

21.2. Eastern Europe Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Lubricating Oil Refining Market

22.1. Russia Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Lubricating Oil Refining Market

23.1. North America Lubricating Oil Refining Market Overview

23.2. North America Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Lubricating Oil Refining Market

24.1. USA Lubricating Oil Refining Market Overview

24.2. USA Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Lubricating Oil Refining Market

25.1. Canada Lubricating Oil Refining Market Overview

25.2. Canada Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Lubricating Oil Refining Market

26.1. South America Lubricating Oil Refining Market Overview

26.2. South America Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Lubricating Oil Refining Market

27.1. Brazil Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Lubricating Oil Refining Market

28.1. Middle East Lubricating Oil Refining Market Overview

28.2. Middle East Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Lubricating Oil Refining Market

29.1. Africa Lubricating Oil Refining Market Overview

29.2. Africa Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Lubricating Oil Refining Market Competitive Landscape And Company Profiles

30.1. Lubricating Oil Refining Market Competitive Landscape

30.2. Lubricating Oil Refining Market Company Profiles

30.2.1. Sinopec Group Overview, Products and Services, Strategy and Financial Analysis

30.2.2. PetroChina Company Limited Overview, Products and Services, Strategy and Financial Analysis

30.2.3. ExxonMobil Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Shell plc Overview, Products and Services, Strategy and Financial Analysis

30.2.5. TotalEnergies SE Overview, Products and Services, Strategy and Financial Analysis

31. Lubricating Oil Refining Market Other Major And Innovative Companies

31.1. British Petroleum

31.2. Chevron Corporation

31.3. Idemitsu Kosan Co. Ltd.

31.4. Lukoil

31.5. Neste Oyj

31.6. Clean Harbors Inc.

31.7. Fuchs SE

31.8. AVISTA OIL AG

31.9. Valvoline Inc.

31.10. Heritage-Crystal Clean Inc.

31.11. Gulf Oil

31.12. Motul S.A.

31.13. Pentas Flora

31.14. AVISTA Green

31.15. Hyrax Oil

32. Global Lubricating Oil Refining Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Lubricating Oil Refining Market

34. Recent Developments In The Lubricating Oil Refining Market

35. Lubricating Oil Refining Market High Potential Countries, Segments and Strategies

35.1 Lubricating Oil Refining Market In 2029 - Countries Offering Most New Opportunities

35.2 Lubricating Oil Refining Market In 2029 - Segments Offering Most New Opportunities

35.3 Lubricating Oil Refining Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Lubricating Oil Refining Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Lubricating Oil Refining Market, Sub-Segmentation Of Mineral Oils, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Lubricating Oil Refining Market, Sub-Segmentation Of Synthetic Oils, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Lubricating Oil Refining Market, Sub-Segmentation Of Biolubricants, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Lubricating Oil Refining Market, Sub-Segmentation Of Semi-Synthetic Oils, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Lubricating Oil Refining Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Lubricating Oil Refining Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Sinopec Group Financial Performance

Table 80: PetroChina Company Limited Financial Performance

Table 81: ExxonMobil Corporation Financial Performance

Table 82: Shell plc Financial Performance

Table 83: TotalEnergies SE Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Lubricating Oil Refining Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Lubricating Oil Refining Market, Sub-Segmentation Of Mineral Oils, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Lubricating Oil Refining Market, Sub-Segmentation Of Synthetic Oils, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Lubricating Oil Refining Market, Sub-Segmentation Of Biolubricants, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Lubricating Oil Refining Market, Sub-Segmentation Of Semi-Synthetic Oils, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Lubricating Oil Refining Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Lubricating Oil Refining Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Lubricating Oil Refining Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Lubricating Oil Refining Market, Segmentation By Viscosity Grade, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Lubricating Oil Refining Market, Segmentation By Additive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Sinopec Group Financial Performance

Figure 80: PetroChina Company Limited Financial Performance

Figure 81: ExxonMobil Corporation Financial Performance

Figure 82: Shell plc Financial Performance

Figure 83: TotalEnergies SE Financial Performance

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Frequently Asked Questions

What is the definition of the Lubricating Oil Refining market?

How will the Lubricating Oil Refining market drivers and restraints affect the market dynamics? What forces will shape the Lubricating Oil Refining industry going forward?

The market major growth driver - Increasing Demand For Cleaner Fuels Driving The Growth Of The Market Due To Focus On Reducing Emissions And Enhancing Fuel Quality. For further insights on this market, request a sample here

What is the forecast market size or the forecast market value of the Lubricating Oil Refining market?

The lubricating oil refining market size has grown strongly in recent years. It will grow from $18.39 billion in 2024 to $19.5 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to increasing demand for high-performance lubricants, increasing demand for lubricants in the aviation sector, increasing demand for lubricants in the automotive sector, increasing demand for lubricants in the industrial sector, and increasing global trade. The lubricating oil refining market size is expected to see strong growth in the next few years. It will grow to $24.93 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to increasing demand for cleaner fuels, a shift towards biofuels and renewable energy sources, increasing industrialization, rapid urbanization, and an increasing need for efficient and reliable lubricants. Major trends in the forecast period include technological advancements, developments in lubricant formulae, transition to bio-based lubricants, digital technology integration in refining operations, and enhanced attention to circular economy practices. For further insights on this market, request a sample here

How is the Lubricating Oil Refining market segmented?

The lubricating oil refiningmarket covered in this report is segmented –
1) By Product Type: Mineral Oils, Synthetic Oils, Biolubricants, Semi-synthetic Oils
2) By Viscosity Grade: Low Viscosity, Medium Viscosity, High Viscosity
3) By Additive Type: Detergents, Antioxidants, Anti-wear Additives, Viscosity Index Improvers, Corrosion Inhibitors
4) By Application: Automotive Oils, Industrial Oils, Aerospace Oils, Marine Oils, Specialty Oils Subsegments:
1) By Mineral Oils: Paraffinic Mineral Oils, Naphthenic Mineral Oils, Aromatic Mineral Oils
2) By Synthetic Oils: Polyalphaolefins (PAO), Polyalkylene Glycols (PAG), Esters, Silicones
3) By Biolubricants: Vegetable Oil-Based Lubricants, Animal Fat-Based Lubricants, Synthetic Ester-Based Biolubricants
4) By Semi-Synthetic Oils: Low-Synthetic Content Blends, High-Synthetic Content Blends, Ester-Enhanced Semi-Synthetic Oils For further insights on this market, request a sample here

Which region has the largest share of the Lubricating Oil Refining market? What are the other regions covered in the report?

North America was the largest region in the lubricating oil refining market in 2024. The regions covered in the lubricating oil refining market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Who are the major players in the Lubricating Oil Refining market?

What are the key trends in the Lubricating Oil Refining market?

Major trends in this market include Advancements In Re-Refining Technology Drive Shift To High-Performance Base Oils. For further insights on this market, request a sample here.