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Global Industrial Oil Market Research Report 2025
Published Date: January 2025
|
Report Code: QYRE-Auto-6L8841
Home | Market Reports | Business & Industrial| Energy & Utilities| Oil & Gas
Global Industrial Oil Market Insights Forecast to 2028
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Global Industrial Oil Market Research Report 2025

Code: QYRE-Auto-6L8841
Report
January 2025
Pages:123
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
EXXON MOBIL
Chevron
Shell
ROSNEFT
ADNOC
Lubrizol
BP
Lukoil
Total
Sinopec Limited
CNPC
HPCL
Gazprom Neft
Indian Oil
Pertamina
Phillips 66 Company
FUCHS Group
Repsol
SK Lubricants
JXTG Nippon Oil & Energy
Lubrication Engineers
Exol LuLukoilbricants
Hindustan Petroleum

Industrial Oil Market Size

The global market for Industrial Oil was valued at US$ 67080 million in the year 2024 and is projected to reach a revised size of US$ 85060 million by 2031, growing at a CAGR of 3.5% during the forecast period.

Industrial Oil Market

Industrial Oil Market

A Industrial Oil is a substance that is applied to surfaces that have relative motion between them. Lubricant reduces friction and wears between surfaces. However, in addition to these primary functions, a lubricant can have other functions. Some of the other roles include sealing agent, heat transfer agent, and corrosion prevention agent.
North American market for Industrial Oil is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Industrial Oil is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Industrial Oil include Exxon Mobil, Chevron, Shell, Rosneft, ADNOC, Lubrizol, BP, Lukoil, Total, Sinopec, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Industrial Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Oil.
The Industrial Oil market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Industrial Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Industrial Oil Market Report

Report Metric Details
Report Name Industrial Oil Market
Accounted market size in year US$ 67080 million
Forecasted market size in 2031 US$ 85060 million
CAGR 3.5%
Base Year year
Forecasted years 2025 - 2031
by Type
  • Mineral Oil
  • Synthetic Oil
  • Bio-Based Oil
by Application
  • Power Equipment Lubricants
  • Construction Machinery Lubricants
  • Industrial Equipment Lubricants
  • Other
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Exxon Mobil, Chevron, Shell, Rosneft, ADNOC, Lubrizol, BP, Lukoil, Total, Sinopec, CNPC, HPCL, Gazprom Neft, Indian Oil, Pertamina, Phillips 66 Company, FUCHS Group, Repsol, SK Lubricants, JXTG Nippon Oil & Energy, Lubrication Engineers, Exol LuLukoilbricants, Hindustan Petroleum
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Industrial Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Industrial Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Industrial Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Industrial Oil Market growing?

Ans: The Industrial Oil Market witnessing a CAGR of 3.5% during the forecast period 2025-2031.

What is the Industrial Oil Market size in 2031?

Ans: The Industrial Oil Market size in 2031 will be US$ 85060 million.

Who are the main players in the Industrial Oil Market report?

Ans: The main players in the Industrial Oil Market are Exxon Mobil, Chevron, Shell, Rosneft, ADNOC, Lubrizol, BP, Lukoil, Total, Sinopec, CNPC, HPCL, Gazprom Neft, Indian Oil, Pertamina, Phillips 66 Company, FUCHS Group, Repsol, SK Lubricants, JXTG Nippon Oil & Energy, Lubrication Engineers, Exol LuLukoilbricants, Hindustan Petroleum

What are the Application segmentation covered in the Industrial Oil Market report?

Ans: The Applications covered in the Industrial Oil Market report are Power Equipment Lubricants, Construction Machinery Lubricants, Industrial Equipment Lubricants, Other

What are the Type segmentation covered in the Industrial Oil Market report?

Ans: The Types covered in the Industrial Oil Market report are Mineral Oil, Synthetic Oil, Bio-Based Oil

1 Industrial Oil Market Overview
1.1 Product Definition
1.2 Industrial Oil by Type
1.2.1 Global Industrial Oil Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Mineral Oil
1.2.3 Synthetic Oil
1.2.4 Bio-Based Oil
1.3 Industrial Oil by Application
1.3.1 Global Industrial Oil Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Power Equipment Lubricants
1.3.3 Construction Machinery Lubricants
1.3.4 Industrial Equipment Lubricants
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Industrial Oil Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Industrial Oil Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Industrial Oil Production Estimates and Forecasts (2020-2031)
1.4.4 Global Industrial Oil Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial Oil Production Market Share by Manufacturers (2020-2025)
2.2 Global Industrial Oil Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Industrial Oil, Industry Ranking, 2023 VS 2024
2.4 Global Industrial Oil Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Industrial Oil Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Industrial Oil, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial Oil, Product Offered and Application
2.8 Global Key Manufacturers of Industrial Oil, Date of Enter into This Industry
2.9 Industrial Oil Market Competitive Situation and Trends
2.9.1 Industrial Oil Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial Oil Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial Oil Production by Region
3.1 Global Industrial Oil Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Industrial Oil Production Value by Region (2020-2031)
3.2.1 Global Industrial Oil Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Industrial Oil by Region (2026-2031)
3.3 Global Industrial Oil Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Industrial Oil Production Volume by Region (2020-2031)
3.4.1 Global Industrial Oil Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Industrial Oil by Region (2026-2031)
3.5 Global Industrial Oil Market Price Analysis by Region (2020-2025)
3.6 Global Industrial Oil Production and Value, Year-over-Year Growth
3.6.1 North America Industrial Oil Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Industrial Oil Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Industrial Oil Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Industrial Oil Production Value Estimates and Forecasts (2020-2031)
4 Industrial Oil Consumption by Region
4.1 Global Industrial Oil Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Industrial Oil Consumption by Region (2020-2031)
4.2.1 Global Industrial Oil Consumption by Region (2020-2025)
4.2.2 Global Industrial Oil Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Industrial Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Industrial Oil Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Industrial Oil Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Industrial Oil Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Industrial Oil Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Industrial Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Industrial Oil Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Industrial Oil Production by Type (2020-2031)
5.1.1 Global Industrial Oil Production by Type (2020-2025)
5.1.2 Global Industrial Oil Production by Type (2026-2031)
5.1.3 Global Industrial Oil Production Market Share by Type (2020-2031)
5.2 Global Industrial Oil Production Value by Type (2020-2031)
5.2.1 Global Industrial Oil Production Value by Type (2020-2025)
5.2.2 Global Industrial Oil Production Value by Type (2026-2031)
5.2.3 Global Industrial Oil Production Value Market Share by Type (2020-2031)
5.3 Global Industrial Oil Price by Type (2020-2031)
6 Segment by Application
6.1 Global Industrial Oil Production by Application (2020-2031)
6.1.1 Global Industrial Oil Production by Application (2020-2025)
6.1.2 Global Industrial Oil Production by Application (2026-2031)
6.1.3 Global Industrial Oil Production Market Share by Application (2020-2031)
6.2 Global Industrial Oil Production Value by Application (2020-2031)
6.2.1 Global Industrial Oil Production Value by Application (2020-2025)
6.2.2 Global Industrial Oil Production Value by Application (2026-2031)
6.2.3 Global Industrial Oil Production Value Market Share by Application (2020-2031)
6.3 Global Industrial Oil Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Exxon Mobil
7.1.1 Exxon Mobil Industrial Oil Company Information
7.1.2 Exxon Mobil Industrial Oil Product Portfolio
7.1.3 Exxon Mobil Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Exxon Mobil Main Business and Markets Served
7.1.5 Exxon Mobil Recent Developments/Updates
7.2 Chevron
7.2.1 Chevron Industrial Oil Company Information
7.2.2 Chevron Industrial Oil Product Portfolio
7.2.3 Chevron Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Chevron Main Business and Markets Served
7.2.5 Chevron Recent Developments/Updates
7.3 Shell
7.3.1 Shell Industrial Oil Company Information
7.3.2 Shell Industrial Oil Product Portfolio
7.3.3 Shell Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Shell Main Business and Markets Served
7.3.5 Shell Recent Developments/Updates
7.4 Rosneft
7.4.1 Rosneft Industrial Oil Company Information
7.4.2 Rosneft Industrial Oil Product Portfolio
7.4.3 Rosneft Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Rosneft Main Business and Markets Served
7.4.5 Rosneft Recent Developments/Updates
7.5 ADNOC
7.5.1 ADNOC Industrial Oil Company Information
7.5.2 ADNOC Industrial Oil Product Portfolio
7.5.3 ADNOC Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.5.4 ADNOC Main Business and Markets Served
7.5.5 ADNOC Recent Developments/Updates
7.6 Lubrizol
7.6.1 Lubrizol Industrial Oil Company Information
7.6.2 Lubrizol Industrial Oil Product Portfolio
7.6.3 Lubrizol Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Lubrizol Main Business and Markets Served
7.6.5 Lubrizol Recent Developments/Updates
7.7 BP
7.7.1 BP Industrial Oil Company Information
7.7.2 BP Industrial Oil Product Portfolio
7.7.3 BP Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.7.4 BP Main Business and Markets Served
7.7.5 BP Recent Developments/Updates
7.8 Lukoil
7.8.1 Lukoil Industrial Oil Company Information
7.8.2 Lukoil Industrial Oil Product Portfolio
7.8.3 Lukoil Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Lukoil Main Business and Markets Served
7.8.5 Lukoil Recent Developments/Updates
7.9 Total
7.9.1 Total Industrial Oil Company Information
7.9.2 Total Industrial Oil Product Portfolio
7.9.3 Total Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Total Main Business and Markets Served
7.9.5 Total Recent Developments/Updates
7.10 Sinopec
7.10.1 Sinopec Industrial Oil Company Information
7.10.2 Sinopec Industrial Oil Product Portfolio
7.10.3 Sinopec Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Sinopec Main Business and Markets Served
7.10.5 Sinopec Recent Developments/Updates
7.11 CNPC
7.11.1 CNPC Industrial Oil Company Information
7.11.2 CNPC Industrial Oil Product Portfolio
7.11.3 CNPC Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.11.4 CNPC Main Business and Markets Served
7.11.5 CNPC Recent Developments/Updates
7.12 HPCL
7.12.1 HPCL Industrial Oil Company Information
7.12.2 HPCL Industrial Oil Product Portfolio
7.12.3 HPCL Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.12.4 HPCL Main Business and Markets Served
7.12.5 HPCL Recent Developments/Updates
7.13 Gazprom Neft
7.13.1 Gazprom Neft Industrial Oil Company Information
7.13.2 Gazprom Neft Industrial Oil Product Portfolio
7.13.3 Gazprom Neft Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Gazprom Neft Main Business and Markets Served
7.13.5 Gazprom Neft Recent Developments/Updates
7.14 Indian Oil
7.14.1 Indian Oil Industrial Oil Company Information
7.14.2 Indian Oil Industrial Oil Product Portfolio
7.14.3 Indian Oil Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Indian Oil Main Business and Markets Served
7.14.5 Indian Oil Recent Developments/Updates
7.15 Pertamina
7.15.1 Pertamina Industrial Oil Company Information
7.15.2 Pertamina Industrial Oil Product Portfolio
7.15.3 Pertamina Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Pertamina Main Business and Markets Served
7.15.5 Pertamina Recent Developments/Updates
7.16 Phillips 66 Company
7.16.1 Phillips 66 Company Industrial Oil Company Information
7.16.2 Phillips 66 Company Industrial Oil Product Portfolio
7.16.3 Phillips 66 Company Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Phillips 66 Company Main Business and Markets Served
7.16.5 Phillips 66 Company Recent Developments/Updates
7.17 FUCHS Group
7.17.1 FUCHS Group Industrial Oil Company Information
7.17.2 FUCHS Group Industrial Oil Product Portfolio
7.17.3 FUCHS Group Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.17.4 FUCHS Group Main Business and Markets Served
7.17.5 FUCHS Group Recent Developments/Updates
7.18 Repsol
7.18.1 Repsol Industrial Oil Company Information
7.18.2 Repsol Industrial Oil Product Portfolio
7.18.3 Repsol Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Repsol Main Business and Markets Served
7.18.5 Repsol Recent Developments/Updates
7.19 SK Lubricants
7.19.1 SK Lubricants Industrial Oil Company Information
7.19.2 SK Lubricants Industrial Oil Product Portfolio
7.19.3 SK Lubricants Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.19.4 SK Lubricants Main Business and Markets Served
7.19.5 SK Lubricants Recent Developments/Updates
7.20 JXTG Nippon Oil & Energy
7.20.1 JXTG Nippon Oil & Energy Industrial Oil Company Information
7.20.2 JXTG Nippon Oil & Energy Industrial Oil Product Portfolio
7.20.3 JXTG Nippon Oil & Energy Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.20.4 JXTG Nippon Oil & Energy Main Business and Markets Served
7.20.5 JXTG Nippon Oil & Energy Recent Developments/Updates
7.21 Lubrication Engineers
7.21.1 Lubrication Engineers Industrial Oil Company Information
7.21.2 Lubrication Engineers Industrial Oil Product Portfolio
7.21.3 Lubrication Engineers Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.21.4 Lubrication Engineers Main Business and Markets Served
7.21.5 Lubrication Engineers Recent Developments/Updates
7.22 Exol LuLukoilbricants
7.22.1 Exol LuLukoilbricants Industrial Oil Company Information
7.22.2 Exol LuLukoilbricants Industrial Oil Product Portfolio
7.22.3 Exol LuLukoilbricants Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.22.4 Exol LuLukoilbricants Main Business and Markets Served
7.22.5 Exol LuLukoilbricants Recent Developments/Updates
7.23 Hindustan Petroleum
7.23.1 Hindustan Petroleum Industrial Oil Company Information
7.23.2 Hindustan Petroleum Industrial Oil Product Portfolio
7.23.3 Hindustan Petroleum Industrial Oil Production, Value, Price and Gross Margin (2020-2025)
7.23.4 Hindustan Petroleum Main Business and Markets Served
7.23.5 Hindustan Petroleum Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial Oil Industry Chain Analysis
8.2 Industrial Oil Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial Oil Production Mode & Process Analysis
8.4 Industrial Oil Sales and Marketing
8.4.1 Industrial Oil Sales Channels
8.4.2 Industrial Oil Distributors
8.5 Industrial Oil Customer Analysis
9 Industrial Oil Market Dynamics
9.1 Industrial Oil Industry Trends
9.2 Industrial Oil Market Drivers
9.3 Industrial Oil Market Challenges
9.4 Industrial Oil Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
FEATURED COMPANIES
EXXON MOBIL
Chevron
Shell
ROSNEFT
ADNOC
Lubrizol
BP
Lukoil
Total
Sinopec Limited
CNPC
HPCL
Gazprom Neft
Indian Oil
Pertamina
Phillips 66 Company
FUCHS Group
Repsol
SK Lubricants
JXTG Nippon Oil & Energy
Lubrication Engineers
Exol LuLukoilbricants
Hindustan Petroleum
List of Tables
 Table 1. Global Industrial Oil Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Industrial Oil Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Industrial Oil Production Capacity (Tons) by Manufacturers in 2024
 Table 4. Global Industrial Oil Production by Manufacturers (2020-2025) & (Tons)
 Table 5. Global Industrial Oil Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Industrial Oil Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Industrial Oil Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Industrial Oil, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Industrial Oil as of 2024)
 Table 10. Global Market Industrial Oil Average Price by Manufacturers (US$/Ton) & (2020-2025)
 Table 11. Global Key Manufacturers of Industrial Oil, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Industrial Oil, Product Offered and Application
 Table 13. Global Key Manufacturers of Industrial Oil, Date of Enter into This Industry
 Table 14. Global Industrial Oil Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Industrial Oil Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Industrial Oil Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Industrial Oil Production Value Market Share by Region (2020-2025)
 Table 19. Global Industrial Oil Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Industrial Oil Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Industrial Oil Production Comparison by Region: 2020 VS 2024 VS 2031 (Tons)
 Table 22. Global Industrial Oil Production (Tons) by Region (2020-2025)
 Table 23. Global Industrial Oil Production Market Share by Region (2020-2025)
 Table 24. Global Industrial Oil Production (Tons) Forecast by Region (2026-2031)
 Table 25. Global Industrial Oil Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Industrial Oil Market Average Price (US$/Ton) by Region (2020-2025)
 Table 27. Global Industrial Oil Market Average Price (US$/Ton) by Region (2026-2031)
 Table 28. Global Industrial Oil Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Tons)
 Table 29. Global Industrial Oil Consumption by Region (2020-2025) & (Tons)
 Table 30. Global Industrial Oil Consumption Market Share by Region (2020-2025)
 Table 31. Global Industrial Oil Forecasted Consumption by Region (2026-2031) & (Tons)
 Table 32. Global Industrial Oil Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Industrial Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
 Table 34. North America Industrial Oil Consumption by Country (2020-2025) & (Tons)
 Table 35. North America Industrial Oil Consumption by Country (2026-2031) & (Tons)
 Table 36. Europe Industrial Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
 Table 37. Europe Industrial Oil Consumption by Country (2020-2025) & (Tons)
 Table 38. Europe Industrial Oil Consumption by Country (2026-2031) & (Tons)
 Table 39. Asia Pacific Industrial Oil Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Tons)
 Table 40. Asia Pacific Industrial Oil Consumption by Region (2020-2025) & (Tons)
 Table 41. Asia Pacific Industrial Oil Consumption by Region (2026-2031) & (Tons)
 Table 42. Latin America, Middle East & Africa Industrial Oil Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
 Table 43. Latin America, Middle East & Africa Industrial Oil Consumption by Country (2020-2025) & (Tons)
 Table 44. Latin America, Middle East & Africa Industrial Oil Consumption by Country (2026-2031) & (Tons)
 Table 45. Global Industrial Oil Production (Tons) by Type (2020-2025)
 Table 46. Global Industrial Oil Production (Tons) by Type (2026-2031)
 Table 47. Global Industrial Oil Production Market Share by Type (2020-2025)
 Table 48. Global Industrial Oil Production Market Share by Type (2026-2031)
 Table 49. Global Industrial Oil Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Industrial Oil Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Industrial Oil Production Value Market Share by Type (2020-2025)
 Table 52. Global Industrial Oil Production Value Market Share by Type (2026-2031)
 Table 53. Global Industrial Oil Price (US$/Ton) by Type (2020-2025)
 Table 54. Global Industrial Oil Price (US$/Ton) by Type (2026-2031)
 Table 55. Global Industrial Oil Production (Tons) by Application (2020-2025)
 Table 56. Global Industrial Oil Production (Tons) by Application (2026-2031)
 Table 57. Global Industrial Oil Production Market Share by Application (2020-2025)
 Table 58. Global Industrial Oil Production Market Share by Application (2026-2031)
 Table 59. Global Industrial Oil Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Industrial Oil Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Industrial Oil Production Value Market Share by Application (2020-2025)
 Table 62. Global Industrial Oil Production Value Market Share by Application (2026-2031)
 Table 63. Global Industrial Oil Price (US$/Ton) by Application (2020-2025)
 Table 64. Global Industrial Oil Price (US$/Ton) by Application (2026-2031)
 Table 65. Exxon Mobil Industrial Oil Company Information
 Table 66. Exxon Mobil Industrial Oil Specification and Application
 Table 67. Exxon Mobil Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 68. Exxon Mobil Main Business and Markets Served
 Table 69. Exxon Mobil Recent Developments/Updates
 Table 70. Chevron Industrial Oil Company Information
 Table 71. Chevron Industrial Oil Specification and Application
 Table 72. Chevron Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 73. Chevron Main Business and Markets Served
 Table 74. Chevron Recent Developments/Updates
 Table 75. Shell Industrial Oil Company Information
 Table 76. Shell Industrial Oil Specification and Application
 Table 77. Shell Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 78. Shell Main Business and Markets Served
 Table 79. Shell Recent Developments/Updates
 Table 80. Rosneft Industrial Oil Company Information
 Table 81. Rosneft Industrial Oil Specification and Application
 Table 82. Rosneft Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 83. Rosneft Main Business and Markets Served
 Table 84. Rosneft Recent Developments/Updates
 Table 85. ADNOC Industrial Oil Company Information
 Table 86. ADNOC Industrial Oil Specification and Application
 Table 87. ADNOC Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 88. ADNOC Main Business and Markets Served
 Table 89. ADNOC Recent Developments/Updates
 Table 90. Lubrizol Industrial Oil Company Information
 Table 91. Lubrizol Industrial Oil Specification and Application
 Table 92. Lubrizol Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 93. Lubrizol Main Business and Markets Served
 Table 94. Lubrizol Recent Developments/Updates
 Table 95. BP Industrial Oil Company Information
 Table 96. BP Industrial Oil Specification and Application
 Table 97. BP Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 98. BP Main Business and Markets Served
 Table 99. BP Recent Developments/Updates
 Table 100. Lukoil Industrial Oil Company Information
 Table 101. Lukoil Industrial Oil Specification and Application
 Table 102. Lukoil Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 103. Lukoil Main Business and Markets Served
 Table 104. Lukoil Recent Developments/Updates
 Table 105. Total Industrial Oil Company Information
 Table 106. Total Industrial Oil Specification and Application
 Table 107. Total Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 108. Total Main Business and Markets Served
 Table 109. Total Recent Developments/Updates
 Table 110. Sinopec Industrial Oil Company Information
 Table 111. Sinopec Industrial Oil Specification and Application
 Table 112. Sinopec Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 113. Sinopec Main Business and Markets Served
 Table 114. Sinopec Recent Developments/Updates
 Table 115. CNPC Industrial Oil Company Information
 Table 116. CNPC Industrial Oil Specification and Application
 Table 117. CNPC Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 118. CNPC Main Business and Markets Served
 Table 119. CNPC Recent Developments/Updates
 Table 120. HPCL Industrial Oil Company Information
 Table 121. HPCL Industrial Oil Specification and Application
 Table 122. HPCL Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 123. HPCL Main Business and Markets Served
 Table 124. HPCL Recent Developments/Updates
 Table 125. Gazprom Neft Industrial Oil Company Information
 Table 126. Gazprom Neft Industrial Oil Specification and Application
 Table 127. Gazprom Neft Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 128. Gazprom Neft Main Business and Markets Served
 Table 129. Gazprom Neft Recent Developments/Updates
 Table 130. Indian Oil Industrial Oil Company Information
 Table 131. Indian Oil Industrial Oil Specification and Application
 Table 132. Indian Oil Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 133. Indian Oil Main Business and Markets Served
 Table 134. Indian Oil Recent Developments/Updates
 Table 135. Pertamina Industrial Oil Company Information
 Table 136. Pertamina Industrial Oil Specification and Application
 Table 137. Pertamina Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 138. Pertamina Main Business and Markets Served
 Table 139. Pertamina Recent Developments/Updates
 Table 140. Phillips 66 Company Industrial Oil Company Information
 Table 141. Phillips 66 Company Industrial Oil Specification and Application
 Table 142. Phillips 66 Company Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 143. Phillips 66 Company Main Business and Markets Served
 Table 144. Phillips 66 Company Recent Developments/Updates
 Table 145. FUCHS Group Industrial Oil Company Information
 Table 146. FUCHS Group Industrial Oil Specification and Application
 Table 147. FUCHS Group Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 148. FUCHS Group Main Business and Markets Served
 Table 149. FUCHS Group Recent Developments/Updates
 Table 150. Repsol Industrial Oil Company Information
 Table 151. Repsol Industrial Oil Specification and Application
 Table 152. Repsol Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 153. Repsol Main Business and Markets Served
 Table 154. Repsol Recent Developments/Updates
 Table 155. SK Lubricants Industrial Oil Company Information
 Table 156. SK Lubricants Industrial Oil Specification and Application
 Table 157. SK Lubricants Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 158. SK Lubricants Main Business and Markets Served
 Table 159. SK Lubricants Recent Developments/Updates
 Table 160. JXTG Nippon Oil & Energy Industrial Oil Company Information
 Table 161. JXTG Nippon Oil & Energy Industrial Oil Specification and Application
 Table 162. JXTG Nippon Oil & Energy Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 163. JXTG Nippon Oil & Energy Main Business and Markets Served
 Table 164. JXTG Nippon Oil & Energy Recent Developments/Updates
 Table 165. Lubrication Engineers Industrial Oil Company Information
 Table 166. Lubrication Engineers Industrial Oil Specification and Application
 Table 167. Lubrication Engineers Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 168. Lubrication Engineers Main Business and Markets Served
 Table 169. Lubrication Engineers Recent Developments/Updates
 Table 170. Exol LuLukoilbricants Industrial Oil Company Information
 Table 171. Exol LuLukoilbricants Industrial Oil Specification and Application
 Table 172. Exol LuLukoilbricants Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 173. Exol LuLukoilbricants Main Business and Markets Served
 Table 174. Exol LuLukoilbricants Recent Developments/Updates
 Table 175. Hindustan Petroleum Industrial Oil Company Information
 Table 176. Hindustan Petroleum Industrial Oil Specification and Application
 Table 177. Hindustan Petroleum Industrial Oil Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 178. Hindustan Petroleum Main Business and Markets Served
 Table 179. Hindustan Petroleum Recent Developments/Updates
 Table 180. Key Raw Materials Lists
 Table 181. Raw Materials Key Suppliers Lists
 Table 182. Industrial Oil Distributors List
 Table 183. Industrial Oil Customers List
 Table 184. Industrial Oil Market Trends
 Table 185. Industrial Oil Market Drivers
 Table 186. Industrial Oil Market Challenges
 Table 187. Industrial Oil Market Restraints
 Table 188. Research Programs/Design for This Report
 Table 189. Key Data Information from Secondary Sources
 Table 190. Key Data Information from Primary Sources
 Table 191. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Industrial Oil
 Figure 2. Global Industrial Oil Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Industrial Oil Market Share by Type: 2024 VS 2031
 Figure 4. Mineral Oil Product Picture
 Figure 5. Synthetic Oil Product Picture
 Figure 6. Bio-Based Oil Product Picture
 Figure 7. Global Industrial Oil Market Value by Application, (US$ Million) & (2020-2031)
 Figure 8. Global Industrial Oil Market Share by Application: 2024 VS 2031
 Figure 9. Power Equipment Lubricants
 Figure 10. Construction Machinery Lubricants
 Figure 11. Industrial Equipment Lubricants
 Figure 12. Other
 Figure 13. Global Industrial Oil Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Industrial Oil Production Value (US$ Million) & (2020-2031)
 Figure 15. Global Industrial Oil Production Capacity (Tons) & (2020-2031)
 Figure 16. Global Industrial Oil Production (Tons) & (2020-2031)
 Figure 17. Global Industrial Oil Average Price (US$/Ton) & (2020-2031)
 Figure 18. Industrial Oil Report Years Considered
 Figure 19. Industrial Oil Production Share by Manufacturers in 2024
 Figure 20. Global Industrial Oil Production Value Share by Manufacturers (2024)
 Figure 21. Industrial Oil Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 22. The Global 5 and 10 Largest Players: Market Share by Industrial Oil Revenue in 2024
 Figure 23. Global Industrial Oil Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 24. Global Industrial Oil Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 25. Global Industrial Oil Production Comparison by Region: 2020 VS 2024 VS 2031 (Tons)
 Figure 26. Global Industrial Oil Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 27. North America Industrial Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. Europe Industrial Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. China Industrial Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Japan Industrial Oil Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Global Industrial Oil Consumption by Region: 2020 VS 2024 VS 2031 (Tons)
 Figure 32. Global Industrial Oil Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 33. North America Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 34. North America Industrial Oil Consumption Market Share by Country (2020-2031)
 Figure 35. U.S. Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 36. Canada Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 37. Europe Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 38. Europe Industrial Oil Consumption Market Share by Country (2020-2031)
 Figure 39. Germany Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 40. France Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 41. U.K. Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 42. Italy Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 43. Russia Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 44. Asia Pacific Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 45. Asia Pacific Industrial Oil Consumption Market Share by Region (2020-2031)
 Figure 46. China Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 47. Japan Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 48. South Korea Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 49. China Taiwan Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 50. Southeast Asia Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 51. India Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 52. Latin America, Middle East & Africa Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 53. Latin America, Middle East & Africa Industrial Oil Consumption Market Share by Country (2020-2031)
 Figure 54. Mexico Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 55. Brazil Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 56. Turkey Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 57. GCC Countries Industrial Oil Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 58. Global Production Market Share of Industrial Oil by Type (2020-2031)
 Figure 59. Global Production Value Market Share of Industrial Oil by Type (2020-2031)
 Figure 60. Global Industrial Oil Price (US$/Ton) by Type (2020-2031)
 Figure 61. Global Production Market Share of Industrial Oil by Application (2020-2031)
 Figure 62. Global Production Value Market Share of Industrial Oil by Application (2020-2031)
 Figure 63. Global Industrial Oil Price (US$/Ton) by Application (2020-2031)
 Figure 64. Industrial Oil Value Chain
 Figure 65. Channels of Distribution (Direct Vs Distribution)
 Figure 66. Bottom-up and Top-down Approaches for This Report
 Figure 67. Data Triangulation
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