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Aviation Lubricant Market Size, Share & Growth Report | 2031
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Aviation Lubricant Market Size, Share & Growth Report | 2031

Segments - Aviation Lubricant Market by Types (Engine Oil, Hydraulic Fluids, Grease, Special Additives & Lubricants, Gas Turbine Oil, and Others), Technology (Mineral-based and Synthetic), Applications (Engines, Landing Gears, Hydraulic Systems, Airframes, and Others), Distribution Channels (Aftermarket and Original Equipment Manufacturer (OEM)), End-users (Military Aviation, General Aviation, Business Aviation, and Commercial Aviation), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

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Author : Raksha Sharma
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Upcoming | Report ID :AD-4450 | 4.4 Rating | 72 Reviews | 166 Pages | Format : PDF Excel PPT

Report Description


The global aviation lubricant market size was valued at around USD 1.95 billion in 2021 and is anticipated to reach USD 3 billion by 2030, expanding at a CAGR of around 6% during the forecast period, 2022 – 2030. The growth of the market is attributed to the rising air passenger traffic and increasing demand for modern aircraft.

Global Aviation Lubricant Market Outlook

Lubrication refers to a substance used to control friction between two moving surfaces. Lubricants are used in aircraft across the globe to avoid any kind of friction. The types of friction include sliding friction, rolling friction, and wiping friction. In sliding friction, one surface slides over another surface that is not flat or smooth, which causes friction. In rolling friction, a sphere or roller rolls over a surface, such as ball bearings. This type of friction creates less friction than sliding friction. The third type is wiping friction, which ensues between two or multiple gears. The pressure and the load applied to gears can vary in this type of friction. Gear lubricant is the solution to avoid these types of friction. 

To reduce any type of friction and ensure smooth operations, lubricants are used to act as a cushion between two metal surfaces. The functions of aviation lubricants include cooling, cleaning, sealing, and controlling corrosion and rust in an aircraft engine. Lubricants remove varnishes, sludges, or any grunge accumulated on plugs, in oil pans, and on the screens of aircraft. Lubricants clean airplane engines to improve their combustion process of it. Airplane lubricant works as a heat-transferring medium that travels through the moving parts of the engine and dissipates them.  This aids in the avoidance of galling, melting, and scarring problems. Lubricants facilitate sealing the gasket parts and rubber seals of the crankshaft.

Aviation lubricants are important for airplane engines to perform their functions properly and expand the period between repair services.

  • Increasing demand for active fleet driving from Original Equipment Manufacture (OEM) and Maintenance, Repair, & Operations (MRO) sectors is expected to drive the market during the forecast period.
  • Rising defense expenditure by countries such as the US, China, Russia, and the UK boosts the market.
  • Growing technological developments in sophisticated aircraft spur the global aviation lubricant market.
  • Rising development of advanced lubricants to support operations of different aircraft is estimated to fuel the market during the forecast years.
  • Increasing threats of high susceptibility of contamination in lubricants hampers the growth of the market.
  • Stringent emission regulations are projected to hinder the growth of the market in the coming years.
  • Growing adoption of environmentally friendly lubricants offers growth opportunities to the market players in the coming years.

Scope of the Report

The report on the global aviation lubricant market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Aviation Lubricant Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022–2030

Segmentation

Types (Engine Oil, Hydraulic Fluids, Grease, Special Additives & Lubricants, Gas Turbine Oil, and Others), Technology (Mineral-based and Synthetic), Applications (Engines, Landing Gears, Hydraulic Systems, Airframes, and Others), Distribution Channels (Aftermarket and Original Equipment Manufacturer (OEM)), and End-users (Military Aviation, General Aviation, Business Aviation, and Commercial Aviation)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Exxon Mobil Corporation; NYCO; BP p.l.c.; LUKOIL; Boeing Distribution Services, Inc.; Shell plc; TotalEnergies; Aerospace Lubricants, Inc.; Eastman Chemical Company; Whitmore Manufacturing LLC; Nye Lubricants, Inc.; The Chemours Company; Phillips 66 Company; Total Group; ROCOL; Chevron Corporation; China Petrochemical Corporation; Petróleo Brasileiro S.A.; and Others

Market Segment Insights

Engine oil segment drives the market

Based on types, the market is divided into engine oil, hydraulic fluids, grease, special additives & lubricants, gas turbine oil, and others. The engine oil market is expected to register a significant CAGR during the forecast period, as engine oil aid in keeping aircraft engines cool, lubricated, and uncontaminated. Engine oils need to be replenished after a certain period to avoid any engine failures, which boosts their demand. These are the key factors expanding the engine segment.

Global Aviation Lubricant Market by Types

Synthetic segment expands rapidly

In terms of technology, the market is bifurcated into mineral-based and synthetic. The synthetic segment is projected to hold a key market share during the forecast period, as synthetic lubricants increase energy efficiency, ensure thermal stability, increase oxidation resistance, and aid in better the performance of an aircraft. Synthetic lubricants provide high service life and improved resistance to frictional wear of expensive aircraft. These are the key factors, which aid in the expansion of the synthetic segment.

Engines segment boosts the market

On the basis of applications, the market is segregated into engines, landing gear, hydraulic systems, airframes, and others. The engine accounted for 67.2% of the market share in 2022, and it is anticipated to expand around 6.2% CAGR during the forecast period. It is crucial to utilize aircraft lubricants in engines to ensure smooth operations and safety of aircraft. This key factor aids in the expansion of the engine segment.

Global Aviation Lubricant Market

Aftermarket segment registers a high CAGR

In terms of distribution channels, the market is bifurcated into aftermarket and original equipment manufacturer (OEM). The aftermarket segment is projected to expand during the forecast period, due to the increasing number of military and commercial aircraft and rising demand for aircraft lubricants. The aftermarket segment is expected to register a 6.2% of CAGR during the forecast period.

Commercial aviation segment holds a key market share

Based on end-users, the market is divided into military aviation, general aviation, business aviation, and commercial aviation. The commercial aviation segment accounted for around 51% of the market in 2022, and it is expected to dominate the market during the forecast period. Increasing air passenger traffic and rising demand for new aircraft are the key factors aiding in the expansion of the segment.

North America dominates the market

On the basis of regions, the market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is estimated to register a significant CAGR during the forecast period, owing to low oil prices, improved aircraft operations, and several airline operators using their aircraft fleets for profits in the region. The growing expansion of aircraft in the defense force and increasing operating hours of the commercial aircraft fleet in North America aid in the expansion of the market in the region.

Global Aviation Lubricant Market by Regions

Segments

The global aviation lubricant market has been segmented on the basis of

Types
  • Engine Oil
  • Hydraulic Fluids
  • Grease
  • Special Additives & Lubricants
  • Gas Turbine Oil
  • Others
Technology
  • Mineral-based
  • Synthetic
Applications
  • Engines
  • Landing Gears
  • Hydraulic Systems
  • Airframes
  • Others
Distribution Channels
  • Aftermarket
  • Original Equipment Manufacturer (OEM)
End-users
  • Military Aviation
  • General Aviation
  • Business Aviation
  • Commercial Aviation
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Exxon Mobil Corporation
  • NYCO
  • BP p.l.c.
  • LUKOIL
  • Boeing Distribution Services Inc.
  • Shell plc
  • TotalEnergies
  • Aerospace Lubricants, Inc.
  • Eastman Chemical Company
  • Whitmore Manufacturing LLC
  • Nye Lubricants, Inc.
  • The Chemours Company
  • Phillips 66 Company
  • Total Group
  • ROCOL
  • Chevron Corporation
  • China Petrochemical Corporation
  • Petróleo Brasileiro S.A.
  • Others

Competitive Landscape

The global aviation lubricant market is a competitive landscape with the presence of key players such as Exxon Mobil Corporation; NYCO; BP p.l.c.; LUKOIL; Boeing Distribution Services Inc.; Shell plc; TotalEnergies; Aerospace Lubricants, Inc.; Eastman Chemical Company; Whitmore Manufacturing LLC; Nye Lubricants, Inc.; The Chemours Company; Phillips 66 Company; Total Group; ROCOL; Chevron Corporation; China Petrochemical Corporation; Petróleo Brasileiro S.A.; and others. They use business strategies such as partnerships, collaborations, mergers, acquisitions, and product launches to strengthen their hold on the market. For example, in April 2022, Boeing Distribution Services Inc. collaborated with Mesa Airlines to procure Mobil Jet Oil II and Mobil HyJet IV-Aplus by Exxon Mobil Corporation for the entire fleet of 160 aircraft of Messa Airlines. In February 2022, BP p.l.c. announced the Herschel Expansion project in the Gulf of Mexico to invest in resilient and focused hydrocarbons. In April 2021, NYCO launched the NYCO Grease GN 3058, which is expected to deliver outstanding performances in propeller bearing, wheel bearing, oil separation, and others.

Global Aviation Lubricant Market by Key Players

Frequently Asked Questions

Aviation lubricant is important for airplane engines to perform their functions properly and expand the period between repair services.

Exxon Mobil Corporation; NYCO; BP p.l.c.; LUKOIL; Boeing Distribution Services Inc.; Shell plc; TotalEnergies; Aerospace Lubricants, Inc.; Eastman Chemical Company; Whitmore Manufacturing LLC; and Nye Lubricants, Inc. are some of the key players in the global aviation lubricant market.

North America dominates the global aviation lubricant market.

Types, technology, applications, distribution channels, end-users, and regions are the segment provided in the aviation lubricant market report.

The global aviation lubricant market size was valued at around USD 1.95 billion in 2021 and is anticipated to reach around USD 3 billion by 2030.

The global aviation lubricant market is estimated to register a CAGR of around 6% during the forecast period.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aviation Lubricant Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Aviation Lubricant Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Aviation Lubricant Market - Supply Chain
  4.5. Global Aviation Lubricant Market Forecast
     4.5.1. Aviation Lubricant Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Aviation Lubricant Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Aviation Lubricant Market Absolute $ Opportunity
5. Global Aviation Lubricant Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Aviation Lubricant Market Size and Volume Forecast by Types
     5.3.1. Engine Oil
     5.3.2. Hydraulic Fluids
     5.3.3. Grease
     5.3.4. Special Additives & Lubricants
     5.3.5. Gas Turbine Oil
     5.3.6. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Aviation Lubricant Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Aviation Lubricant Market Size and Volume Forecast by Applications
     6.3.1. Engines
     6.3.2. Landing Gears
     6.3.3. Hydraulic Systems
     6.3.4. Airframes
     6.3.5. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Aviation Lubricant Market Analysis and Forecast by End Users
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by End Users
     7.2.2. Y-o-Y Growth Projections by End Users
  7.3. Aviation Lubricant Market Size and Volume Forecast by End Users
     7.3.1. Military Aviation
     7.3.2. General Aviation
     7.3.3. Business Aviation
     7.3.4. Commercial Aviation
  7.4. Absolute $ Opportunity Assessment by End Users
  7.5. Market Attractiveness/Growth Potential Analysis by End Users
8. Global Aviation Lubricant Market Analysis and Forecast by Region
  8.1. Market Trends
  8.2. Introduction
     8.2.1. Basis Point Share (BPS) Analysis by Region
     8.2.2. Y-o-Y Growth Projections by Region
  8.3. Aviation Lubricant Market Size and Volume Forecast by Region
     8.3.1. North America
     8.3.2. Latin America
     8.3.3. Europe
     8.3.4. Asia Pacific
     8.3.5. Middle East and Africa (MEA)
  8.4. Absolute $ Opportunity Assessment by Region
  8.5. Market Attractiveness/Growth Potential Analysis by Region
  8.6. Global Aviation Lubricant Demand Share Forecast, 2019-2026
9. North America Aviation Lubricant Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
  9.2. North America Aviation Lubricant Market Size and Volume Forecast by Country
     9.2.1. U.S.
     9.2.2. Canada
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. North America Aviation Lubricant Market Size and Volume Forecast by Types
     9.4.1. Engine Oil
     9.4.2. Hydraulic Fluids
     9.4.3. Grease
     9.4.4. Special Additives & Lubricants
     9.4.5. Gas Turbine Oil
     9.4.6. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. North America Aviation Lubricant Market Size and Volume Forecast by Applications
     9.7.1. Engines
     9.7.2. Landing Gears
     9.7.3. Hydraulic Systems
     9.7.4. Airframes
     9.7.5. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. North America Aviation Lubricant Market Size and Volume Forecast by End Users
     9.10.1. Military Aviation
     9.10.2. General Aviation
     9.10.3. Business Aviation
     9.10.4. Commercial Aviation
  9.11. Basis Point Share (BPS) Analysis by End Users
  9.12. Y-o-Y Growth Projections by End Users
  9.13. Market Attractiveness/Growth Potential Analysis
     9.13.1. By Country
     9.13.2. By Product Type
     9.13.3. By Application
  9.14. North America Aviation Lubricant Demand Share Forecast, 2019-2026
10. Latin America Aviation Lubricant Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Latin America Average Pricing Analysis
  10.2. Latin America Aviation Lubricant Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
  10.4. Latin America Aviation Lubricant Market Size and Volume Forecast by Types
     10.4.1. Engine Oil
     10.4.2. Hydraulic Fluids
     10.4.3. Grease
     10.4.4. Special Additives & Lubricants
     10.4.5. Gas Turbine Oil
     10.4.6. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Latin America Aviation Lubricant Market Size and Volume Forecast by Applications
     10.7.1. Engines
     10.7.2. Landing Gears
     10.7.3. Hydraulic Systems
     10.7.4. Airframes
     10.7.5. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Latin America Aviation Lubricant Market Size and Volume Forecast by End Users
     10.10.1. Military Aviation
     10.10.2. General Aviation
     10.10.3. Business Aviation
     10.10.4. Commercial Aviation
  10.11. Basis Point Share (BPS) Analysis by End Users
  10.12. Y-o-Y Growth Projections by End Users
  10.13. Market Attractiveness/Growth Potential Analysis
     10.13.1. By Country
     10.13.2. By Product Type
     10.13.3. By Application
  10.14. Latin America Aviation Lubricant Demand Share Forecast, 2019-2026
11. Europe Aviation Lubricant Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Europe Average Pricing Analysis
  11.2. Europe Aviation Lubricant Market Size and Volume Forecast by Country
     11.2.1. Germany
     11.2.2. France
     11.2.3. Italy
     11.2.4. U.K.
     11.2.5. Spain
     11.2.6. Russia
     11.2.7. Rest of Europe
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Europe Aviation Lubricant Market Size and Volume Forecast by Types
     11.4.1. Engine Oil
     11.4.2. Hydraulic Fluids
     11.4.3. Grease
     11.4.4. Special Additives & Lubricants
     11.4.5. Gas Turbine Oil
     11.4.6. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Europe Aviation Lubricant Market Size and Volume Forecast by Applications
     11.7.1. Engines
     11.7.2. Landing Gears
     11.7.3. Hydraulic Systems
     11.7.4. Airframes
     11.7.5. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Europe Aviation Lubricant Market Size and Volume Forecast by End Users
     11.10.1. Military Aviation
     11.10.2. General Aviation
     11.10.3. Business Aviation
     11.10.4. Commercial Aviation
  11.11. Basis Point Share (BPS) Analysis by End Users
  11.12. Y-o-Y Growth Projections by End Users
  11.13. Market Attractiveness/Growth Potential Analysis
     11.13.1. By Country
     11.13.2. By Product Type
     11.13.3. By Application
  11.14. Europe Aviation Lubricant Demand Share Forecast, 2019-2026
12. Asia Pacific Aviation Lubricant Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Asia Pacific Average Pricing Analysis
  12.2. Asia Pacific Aviation Lubricant Market Size and Volume Forecast by Country
     12.2.1. China
     12.2.2. Japan
     12.2.3. South Korea
     12.2.4. India
     12.2.5. Australia
     12.2.6. Rest of Asia Pacific (APAC)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Asia Pacific Aviation Lubricant Market Size and Volume Forecast by Types
     12.4.1. Engine Oil
     12.4.2. Hydraulic Fluids
     12.4.3. Grease
     12.4.4. Special Additives & Lubricants
     12.4.5. Gas Turbine Oil
     12.4.6. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Asia Pacific Aviation Lubricant Market Size and Volume Forecast by Applications
     12.7.1. Engines
     12.7.2. Landing Gears
     12.7.3. Hydraulic Systems
     12.7.4. Airframes
     12.7.5. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Asia Pacific Aviation Lubricant Market Size and Volume Forecast by End Users
     12.10.1. Military Aviation
     12.10.2. General Aviation
     12.10.3. Business Aviation
     12.10.4. Commercial Aviation
  12.11. Basis Point Share (BPS) Analysis by End Users
  12.12. Y-o-Y Growth Projections by End Users
  12.13. Market Attractiveness/Growth Potential Analysis
     12.13.1. By Country
     12.13.2. By Product Type
     12.13.3. By Application
  12.14. Asia Pacific Aviation Lubricant Demand Share Forecast, 2019-2026
13. Middle East & Africa Aviation Lubricant Market Analysis and Forecast
  13.1. Introduction
     13.1.1. Basis Point Share (BPS) Analysis by Country
     13.1.2. Y-o-Y Growth Projections by Country
     13.1.3. Middle East & Africa Average Pricing Analysis
  13.2. Middle East & Africa Aviation Lubricant Market Size and Volume Forecast by Country
     13.2.1. Saudi Arabia
     13.2.2. South Africa
     13.2.3. UAE
     13.2.4. Rest of Middle East & Africa (MEA)
  13.3. Absolute $ Opportunity Assessment by Country
  13.4. Middle East & Africa Aviation Lubricant Market Size and Volume Forecast by Types
     13.4.1. Engine Oil
     13.4.2. Hydraulic Fluids
     13.4.3. Grease
     13.4.4. Special Additives & Lubricants
     13.4.5. Gas Turbine Oil
     13.4.6. Others
  13.5. Basis Point Share (BPS) Analysis by Types
  13.6. Y-o-Y Growth Projections by Types
  13.7. Middle East & Africa Aviation Lubricant Market Size and Volume Forecast by Applications
     13.7.1. Engines
     13.7.2. Landing Gears
     13.7.3. Hydraulic Systems
     13.7.4. Airframes
     13.7.5. Others
  13.8. Basis Point Share (BPS) Analysis by Applications
  13.9. Y-o-Y Growth Projections by Applications
  13.10. Middle East & Africa Aviation Lubricant Market Size and Volume Forecast by End Users
     13.10.1. Military Aviation
     13.10.2. General Aviation
     13.10.3. Business Aviation
     13.10.4. Commercial Aviation
  13.11. Basis Point Share (BPS) Analysis by End Users
  13.12. Y-o-Y Growth Projections by End Users
  13.13. Market Attractiveness/Growth Potential Analysis
     13.13.1. By Country
     13.13.2. By Product Type
     13.13.3. By Application
  13.14. Middle East & Africa Aviation Lubricant Demand Share Forecast, 2019-2026
14. Competition Landscape
  14.1. Global Aviation Lubricant Market: Market Share Analysis
  14.2. Aviation Lubricant Distributors and Customers
  14.3. Aviation Lubricant Market: Competitive Dashboard
  14.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     14.4.1. Exxon Mobil Corporation
     14.4.2. NYCO
     14.4.3. BP p.l.c.
     14.4.4. LUKOIL
     14.4.5. Boeing Distribution Services Inc.
     14.4.6. Shell plc
     14.4.7. TotalEnergies
     14.4.8. Aerospace Lubricants, Inc.
     14.4.9. Eastman Chemical Company
     14.4.10. Whitmore Manufacturing LLC

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