Biolubricants – A Global Market Overview

February 2025 | 332 pages | ID: B5C7C02D20AEN
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Global Biolubricants Market Trends and Outlook

Biolubricants constitute any class of lubricants that is biodegradable and non-toxic to humans and the environment. While the usage of these lubricants forms just a fraction of the overall lubricants market, which is led by mineral oil-based lubricants, the need for eco-friendly and sustainable options has prompted a shift towards bio-based alternatives. The chemical composition of Biolubricants can comprise natural or synthetic oils, of which natural oils are of animal or vegetable origin. Synthetic oils are obtained from chemical reactions and are ideal for challenging applications. The production of these oils can follow several routes, such as obtaining straight or branched-chain monoesters, diesters, triesters and polyol esters from vegetable oils. The conversion of triglyceride to esters can be followed or preceded by one or more reactions to improve reactions such as epoxidation and hydrogenation.

The application areas of Biolubricants encompass a range of industries, including automotive, marine, agriculture and industrial machinery, where they are used for minimizing friction & wear, enhancing efficiency and extending the life of equipment. Biodegradability and non-toxicity are the key properties of these lubricants, owing to which their environmental impact is negligible and the danger of water and soil contamination gets decreased significantly. Moreover, Biolubricants offer the similar level of lubricity and other features as their fossil fuel-based counterparts, making them suitable replacements.

The global demand for Biolubricants is estimated at US$2.9 billion in 2024 and is projected to reach US$3.8 billion by 2030 at a CAGR of 4.6% over 2024-2030. Some of the key factors instrumental in driving the market for biolubricants include advances in technology, regulatory guidelines and a rise in consumer awareness. In the automotive and transportation sectors, a shift towards biolubricants from traditional products due to their eco-friendliness and equivalent performance has been promoting wider utilization, a trend that is very likely to sustain. Production processes and additive technologies have been modified to improve the performance and cost-effectiveness of biolubricants to make them on par with the mineral lubricants being used thus far.

In the United States and Europe, regulatory frameworks have been responsible for supporting the wide adoption of biolubricants, which some other regions, too, are following. A number of large manufacturing companies have also taken to using biolubricants for their machinery in order to comply with respective government policies aimed at curbing environmental damage. This trend has been more evident in the emerging economies of Asia-Pacific and South America, which is further anticipated to fuel the demand for biolubricants in these regions.

Biolubricants Regional Market Analysis

With an estimated share of about 34% in 2024, North America is the leading global market for Biolubricants. The United States has for long been among the largest auto manufacturing regions and the use of biolubricants in this sector is much more prevalent than in other regions, primarily owing to strict government regulations that need to be complied with. In addition, the region's aerospace and defense industry also makes use of heavy machinery in manufacturing, for which biolubricants are feasible options. As regards growth, however, the demand for biolubricants in Asia-Pacific will likely outpace other markets. The emergence of China as the current leader in automobile production has altered the global scenario in terms of biolubricants demand in their largest end-use sector. The shifting of manufacturing bases to more economical Asian countries offering cheaper resources and labor has resulted in a paradigm change in demand for allied materials, such as biolubricants. Also, general industrial development in the region has been instrumental in stimulating the market for biolubricants that are now being widely used to service and maintain proper functioning of machines.

Biolubricants Market Analysis by Base Oil

The global market for Biolubricants by base oil is dominated by Vegetable Oils, which mainly include Canola, Castor and Soybean oils, among others. Major factors in favor of these include biodegradability, cost-effectiveness, renewability and negligible environmental impact. The high viscosity index of these oils ensures their effective lubrication in demanding operating conditions. Being free of carbon further adds to the benefits of vegetable oil-based biolubricants in terms of environmental sustainability and minimization of health risks associated with their production. These oils can also be chemically modified to make other base oils that, despite being synthetic in nature, have a reduced ecological effect. Animal fats are another major source of biolubricants, the market for which is also expected to maintain a healthy growth.

Biolubricants Market Analysis by Application

Application of Biolubricants as Hydraulic Fluids is the largest, as also the fastest growing globally. These eco-friendly lubricants enhance and maintain the functioning of various machines that employ hydraulic systems for power transmission and component lubrication, as in the fields of manufacturing, construction, agriculture, mining and forestry. The high viscosity index of biolubricants ensures reliable performance across a range of temperatures, in addition to providing outstanding lubricity and reducing friction & wear in hydraulic components. Other fast-growing applications for biolubricants include Metal Working Fluids, Gear Oils and Chainsaw Oils.

Biolubricants Market Analysis by End-Use Sector

Apart from being the largest in terms of market demand, the global Commercial & Consumer Automotive sector is also expected to be the fastest growing for Biolubricants. The production and sales of passenger cars and commercial vehicles across the world has been maintaining a steady trend. As per latest statistics from the International Organization of Motor Vehicle Manufacturers (OICA), the total worldwide production of passenger cars and commercial vehicles in 2023 showed an increase of 10%, with the same for sales being nearly 12%. Other than being used for the efficient functioning of vehicles, biolubricants also find application in running and maintaining the vast base of machines employed in the auto sector. Major reasons for growing demand for biolubricants in this sector include low toxicity, strong lubricating properties, high viscosity index and high combustion temperature, all of which contribute to extending the serviceable life of vehicles and machines. Other industrial applications of biolubricants include their use as metal cutting oils and coolants for gear cutting, grinding and general machining. The major benefits offered by these bio-based metalworking fluids comprise excellent viscosity/pressure performance, lower volatility, higher flash point, less smoke and minimal risk of fire. Greases based on biolubricants are found to be highly suited for lubricating forestry equipment, construction vehicles, rail curves, rail flanges and marine equipment.

Biolubricants Market Report Scope

This global report on Biolubricants analyzes the market based on base oil, application and end-use sector for the period 2021-2030 with forecasts from 2024 to 2030 in terms of value in US$. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of how and where the market is progressing.

Key Metrics

Historical Period: 2021-2023

Base Year: 2024

Forecast Period: 2024-2030

Units: Value market in US$

Companies Mentioned: 40+

Biolubricants Market by Geographic Region
  • North America (The United States, Canada and Mexico)
  • Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
  • South America (Argentina, Brazil and Rest of South America)
  • Middle East & Africa
Biolubricants Market by Base Oil
  • Animal Fat
  • Beef Tallow
  • Fish Oil
  • Pork Lard
  • Poultry Fat
  • Vegetable Oil
  • Canola Oil
  • Castor Oil
  • Soybean Oil
  • Other Vegetable Oils (Incl. Palm, Safflower, Rapeseed, Jatropha, Neem, Karanja & Waste Cooking Oils)
  • Other Base Oils
  • Bio-Based Paraffins
  • Synthetic Ester Oils
Biolubricants Market by Application
  • Chainsaw Oils
  • Gear Oils
  • Greases
  • Hydraulic Fluids
  • Metal Working Fluids
  • Mold Release Agents
  • Process Oils
  • Two Stroke Engine Oils
  • Other Applications (Incl. Automotive & Industrial Engine Oils, Crankcase Oils, Firearm Lubricants, General Industrial Oils, Penetrating Oils, Transformer Oils & Transmission Fluids)
Biolubricants Market by End-Use Sector
  • Commercial & Consumer Automotive
  • Heavy Industrial Machinery
  • Marine Equipment
  • Power Generation Equipment
  • Other End-Use Sectors (Incl. Chemical, Food & Beverage and Forestry)
PART A: GLOBAL MARKET PERSPECTIVE

1. Introduction
Biolubricants Outline
Biolubricants Defined
Base Oil used for Biolubricants
Animal Fat
Beef Tallow
Fish Oil
Pork Lard
Poultry Fat
Vegetable Oil
Canola Oil
Castor Oil
Soybean Oil
Other Vegetable Oils (Incl. Palm, Safflower, Rapeseed, Jatropha, Neem, Karanja & Waste Cooking Oils)
Other Base Oils
Bio-Based Paraffins
Synthetic Ester Oils
Biolubricants Applications
Chainsaw Oils
Gear Oils
Greases
Hydraulic Fluids
Metal Working Fluids
Mold Release Agents
Process Oils
Two Stroke Engine Oils
Other Applications (Incl. Automotive & Industrial Engine Oils, Crankcase Oils, Firearm Lubricants, General Industrial Oils, Penetrating Oils, Transformer Oils & Transmission Fluids)
Biolubricants End-Use Sectors
Commercial & Consumer Automotive
Heavy Industrial Machinery
Marine Equipment
Power Generation Equipment
Other End-Use Sectors (Incl. Chemical, Food & Beverage and Forestry)
2. Key Market Trends
3. Key Global Players
Albemarle Corp
Axel Christiernsson
Balmer Lawrie & Co Ltd
Benjin R Vickers & Sons Ltd
Binol Biolubricants Ltd
BioBlend Renewable Resources LLC
Biona Jersin s.r.o.
Biosynthetic Technologies LLC
BP PLC
Cargill, Inc.
Carl Bechem GmbH
Castrol Ltd
Chevron Corp
Clarion Lubricants
Cortec Corp
DSI Ventures, Inc.
Elevance Renewable Sciences, Inc.
Emery Oleochemicals
Environmental Lubricants Manufacturing, Inc.
ExxonMobil Corp
Fuchs SE
Green Earth Technologies, Inc.
IGOL
Kajo Group
Klondike Lubricants
Kluber Lubrication Munchen SE & Co. Kg
LAEMMLE Chemicals AG
LanoPro Production AS
Novii LLC
Petronas Lubricants International
Polnox Corp
Quaker Chemical Corp
Renewable Lubricants, Inc.
Repsol SA
RoWe Mineralolwerk GmbH
Royal Dutch Shell Plc
RSC Bio Solutions LLC
Statoil Lubricants ASA
TotalEnergies SE
United Bio Lube
4. Key Business & Product Trends
5. Global Market Overview
Global Biolubricants Market Overview by Base Oil
Biolubricants Base Oil Market Overview by Global Region
Animal Fat
Vegetable Oil
Other Base Oils
Global Biolubricants Market Overview by Application
Biolubricants Application Market Overview by Global Region
Chainsaw Oils
Gear Oils
Greases
Hydraulic Fluids
Metal Working Fluids
Mold Release Agents
Process Oils
Two Stroke Engine Oils
Other Applications
Global Biolubricants Market Overview by End-Use Sector
Biolubricants End-use Sector Market Overview by Global Region
Commercial & Consumer Automotive
Heavy Industrial Machinery
Marine Equipment
Power Generation Equipment
Other End-Use Sectors

PART B: REGIONAL MARKET PERSPECTIVE

Global Biolubricants Market Overview by Geographic Region
REGIONAL MARKET OVERVIEW
6. North America
North American Biolubricants Market Overview by Geographic Region
North American Biolubricants Market Overview by Base Oil
North American Biolubricants Market Overview by Application
North American Biolubricants Market Overview by End-Use Sector
Country-wise Analysis of North American Biolubricants Market
The United States
United States Biolubricants Market Overview by Base Oil
United States Biolubricants Market Overview by Application
United States Biolubricants Market Overview by End-Use Sector
Canada
Canadian Biolubricants Market Overview by Base Oil
Canadian Biolubricants Market Overview by Application
Canadian Biolubricants Market Overview by End-Use Sector
Mexico
Mexican Biolubricants Market Overview by Base Oil
Mexican Biolubricants Market Overview by Application
Mexican Biolubricants Market Overview by End-Use Sector
7. Europe
European Biolubricants Market Overview by Geographic Region
European Biolubricants Market Overview by Base Oil
European Biolubricants Market Overview by Application
European Biolubricants Market Overview by End-Use Sector
Country-wise Analysis of European Biolubricants Market
France
French Biolubricants Market Overview by Base Oil
French Biolubricants Market Overview by Application
French Biolubricants Market Overview by End-Use Sector
Germany
German Biolubricants Market Overview by Base Oil
German Biolubricants Market Overview by Application
German Biolubricants Market Overview by End-Use Sector
Italy
Italian Biolubricants Market Overview by Base Oil
Italian Biolubricants Market Overview by Application
Italian Biolubricants Market Overview by End-Use Sector
Russia
Russian Biolubricants Market Overview by Base Oil
Russian Biolubricants Market Overview by Application
Russian Biolubricants Market Overview by End-Use Sector
Spain
Spanish Biolubricants Market Overview by Base Oil
Spanish Biolubricants Market Overview by Application
Spanish Biolubricants Market Overview by End-Use Sector
The United Kingdom
United Kingdom Biolubricants Market Overview by Base Oil
United Kingdom Biolubricants Market Overview by Application
United Kingdom Biolubricants Market Overview by End-Use Sector
Rest of Europe
Rest of Europe Biolubricants Market Overview by Base Oil
United Kingdom Biolubricants Market Overview by Application
Rest of Europe Biolubricants Market Overview by End-Use Sector
8. Asia-Pacific
Asia-Pacific Biolubricants Market Overview by Geographic Region
Asia-Pacific Biolubricants Market Overview by Base Oil
Asia-Pacific Biolubricants Market Overview by Application
Asia-Pacific Biolubricants Market Overview by End-Use Sector
Country-wise Analysis of Asia-Pacific Biolubricants Market
China
Chinese Biolubricants Market Overview by Base Oil
Chinese Biolubricants Market Overview by Application
Chinese Biolubricants Market Overview by End-Use Sector
India
Indian Biolubricants Market Overview by Base Oil
Indian Biolubricants Market Overview by Application
Indian Biolubricants Market Overview by End-Use Sector
Japan
Japanese Biolubricants Market Overview by Base Oil
Japanese Biolubricants Market Overview by Application
Japanese Biolubricants Market Overview by End-Use Sector
South Korea
South Korean Biolubricants Market Overview by Base Oil
South Korean Biolubricants Market Overview by Application
South Korean Biolubricants Market Overview by End-Use Sector
Rest of Asia-Pacific
Rest of Asia-Pacific Biolubricants Market Overview by Base Oil
Rest of Asia-Pacific Biolubricants Market Overview by Application
Rest of Asia-Pacific Biolubricants Market Overview by End-Use Sector
9. South America
South American Biolubricants Market Overview by Geographic Region
South American Biolubricants Market Overview by Base Oil
South American Biolubricants Market Overview by Application
South American Biolubricants Market Overview by End-Use Sector
Country-wise Analysis of South American Biolubricants Market
Argentina
Argentine Biolubricants Market Overview by Base Oil
Argentine Biolubricants Market Overview by Application
Argentine Biolubricants Market Overview by End-Use Sector
Brazil
Brazilian Biolubricants Market Overview by Base Oil
Brazilian Biolubricants Market Overview by Application
Brazilian Biolubricants Market Overview by End-Use Sector
Rest of South America
Rest of South American Biolubricants Market Overview by Base Oil
Rest of South American Biolubricants Market Overview by Application
Rest of South American Biolubricants Market Overview by End-Use Sector
10. Middle East & Africa
Middle East & Africa Biolubricants Market Overview by Base Oil
Middle East & Africa Biolubricants Market Overview by Application
Middle East & Africa Biolubricants Market Overview by End-Use Sector

PART C: GUIDE TO THE INDUSTRY

PART D: ANNEXURE

1. RESEARCH METHODOLOGY
2. FEEDBACK

Consumption of Biolubricant Hydraulic Fluids worldwide is estimated at xxx.x thousand pounds in 2013 and forecast to be xxx.x thousand pounds in 2014. Expected to maintain a CAGR of x.x% between 2010 and 2020, the global Biolubricant Hydraulic Fluids consumption is further projected to reach in excess of x million pounds by 2020. North America is the largest consumer of Biolubricant Hydraulic Fluids, with an estimated 2013 share of xx% or xxx.x thousand pounds. Forecast to be xxx.x thousand pounds in 2014, North American consumption of Biolubricant Hydraulic Fluids is further anticipated to record the fastest CAGR of x.x% between 2010 and 2020 to reach a projected xxx.x thousand pounds by 2020. At the other end, European consumption of Biolubricant Hydraulic Fluids, estimated at xxx.x thousand pounds in 2013 and forecast to be xxx thousand pounds in 2014, is expected to witness the slowest 2010-2020 CAGR of x.x% in reaching a projected xxx thousand pounds by 2020. Asia-Pacific is anticipated to be the other fast growing market for volume of Biolubricant Hydraulic Fluids consumed, with the likelihood of posting a compounded annual rate of about x% over the similar period.

The United States forms the largest volume consumer of Biolubricants in North America, with an estimated 2013 share of xx.x% equating to xxx.x thousand pounds. Forecast to be xxx.x thousand pounds in 2014, consumption of Biolubricants in the United States is further expected to register a CAGR of x% between 2010 and 2020 to reach a projected xxx.x thousand pounds by 2020. Canada is likely to emerge as the slower growing North American volume market for Biolubricants, reaching a projected xx.x thousand pounds by 2020 from an estimated xx thousand pounds in 2013 and a forecast xx.x thousand pounds in 2014 by sustaining a 2010-2020 CAGR of x.x%.

By category, Europe’s Biolubricants volume market is dominated by Biolubricant Hydraulic Fluids, which is estimated at xxx.x thousand pounds in 2013 for a share of xx.x%. Consumption of Biolubricant Hydraulic Fluids in the region is forecast to be xxx thousand pounds in 2014 and further anticipated as posting the fastest 2010-2020 CAGR of x.x% in reaching a projected xxx thousand pounds by 2020. At the opposite end, European volume consumption of Biolubricant Greases is likely to exhibit the slowest CAGR of x.x% between 2010 and 2020 in reaching a projected xx.x thousand pounds by 2020 from an estimated xx thousand pounds in 2013 and a forecast xx.x thousand pounds in 2014.

Chinese volume consumption of Biolubricants, estimated at xxx thousand pounds in 2013 and forecast to be xxx thousand pounds in 2014, is further expected to maintain a CAGR of xx% between 2010 and 2020 to reach a projected xxx thousand pounds by 2020. In terms of value demand, the market for Biolubricants in China is slated to register a faster CAGR of x.x% over the same period in reaching a projected US$xxx.x million by 2020 from an estimated US$xxx.x million in 2013 and a forecast US$xxx.x million in 2014.



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