Global Mineral-Oil-Based Lubricants Market Insights and Forecast to 2028

Mineral Oil Based Lubricants Market 

Due to the COVID-19 pandemic, the global Mineral-Oil-Based Lubricants market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period.

Fully considering the economic change by this health crisis, Fluid accounting for % of the Mineral-Oil-Based Lubricants global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Automotive segment is altered to an % CAGR throughout this forecast period.

China Mineral-Oil-Based Lubricants market size is valued at US$ million in 2021, while the US and Europe Mineral-Oil-Based Lubricants are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Mineral-Oil-Based Lubricants landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

The global key manufacturers of Mineral-Oil-Based Lubricants include BP, CNPC, ExxonMobil, Royal Dutch Shell, Saudi Aramco, Tulstar Products, Chevron Phillips Chemical and Mitsui Chemicals, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

In terms of production side, this report researches the Mineral-Oil-Based Lubricants capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Mineral-Oil-Based Lubricants by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Mineral-Oil-Based Lubricants market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Mineral-Oil-Based Lubricants market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

By Type

• Fluid
• Semi-Fluid
• Solid

By Application

• Automotive
• Marine
• Aviation
• Other

By Company

• BP
• CNPC
• ExxonMobil
• Royal Dutch Shell
• Saudi Aramco
• Tulstar Products
• Chevron Phillips Chemical
• Mitsui Chemicals

By Region

• North America
• Europe
• China
• Japan