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
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.
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.
Market Trends, Drivers, Restraints, and Opportunities
- 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.
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.
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.
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