U.S. Lubricants Market to 2032
Overview
The U.S. Lubricants Market is expected to reach a 28.91 USD Billion by 2032 and is projected to grow at a CAGR of 3.01% from 2025 to 2032.
Revenue, 2024 (USD Billion)
22.86
Forecast, 2032 (USD Billion)
28.91
CAGR, 2024 - 2032
3.01%
Report Coverage
North America
U.S. Lubricants Market 2018-2032 USD Billion
U.S. Lubricants Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 22.86 USD Billion
- Projected Market Size (2032): 28.91 USD Billion
- CAGR (2025-2032): 3.01%
Key Findings of U.S. Lubricants Market
- The U.S. Lubricants Market was valued at 28.91 USD Billion in 2024.
- The U.S. Lubricants Market is likely to grow at a CAGR of 3.01% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Industrial in Grade Segment accounted for the largest share of the market with a revenue of 22.30 USD Billion
- The fastest growing segment Automobile & Transportation in End-Use Segment grew Fastest with a CAGR of 4.49% during the forecast period from 2024 to 2032.
U.S. Lubricants Market Scope
U.S. Lubricants Market Segmentation & Scope
End-Use
- Others
- Consumer/DIY
- Pulp & Paper
- Textile
- Plastics & Rubber Processing
- Cement
- Food & Beverage
- Oil & Gas
- Manufacturing Equipment
- Electrical/Utility
- Agriculture
- Railways
- Mining
- Aerospace, Aviation & Defense
- Industrial Machinery
- Heavy Equipment
- Construction Machinery
- Chemical Manufacturing
- Metallurgy And Metal Working
- Energy & Power Generation
- Marine
- Automobile & Transportation
Product
- Others
- Penetrants
- Rust Preventive Oils
- Heat Transfer Oils
- Gas Turbine Oils
- Compressor Oils
- Wind Turbine Oils
- Metalworking Fluids
- Grease
- Gear Oil
- Circulation Fluids
- Hydraulic Oils
- Engine Oils
Grade
- Food Grade
- Industrial
Format
- Others
- Small Pack
- Mini-Bulk
- Bulk
Base Oil
- Bio-Based Oil
- Semi-Synthetic Oil
- Synthetic Oil
- Mineral Oil
Sales Channel
- Direct to End Users
- E-Commerce
- Retail
- Distributors
U.S. Lubricants Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 22.86 USD Billion |
| Market Value in 2032 | 28.91 USD Billion |
| CAGR (2025-2032) | 3.01% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-Use,Product,Grade,Format,Base Oil,Sales Channel |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 22.86 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 22,861.85 USD Million in 2024.
Segments and Scope
-
U.S. Lubricants Market to 2032, By End-Use
- Automobile & Transportation is the largest segment in U.S. Lubricants Market to 2032 with a revenue of 2.93 USD Billion in the year 2024.
- Automobile & Transportation is the Fastest growing segment in U.S. Lubricants Market to 2032 with a Growth rate of 4.49 % in forecast period 2025-2032.
-
U.S. Lubricants Market to 2032, By Product
- Engine Oils is the largest segment in U.S. Lubricants Market to 2032 with a revenue of 7.28 USD Billion in the year 2024.
- Engine Oils is the Fastest growing segment in U.S. Lubricants Market to 2032 with a Growth rate of 3.59 % in forecast period 2025-2032.
-
U.S. Lubricants Market to 2032, By Grade
- Industrial is the largest segment in U.S. Lubricants Market to 2032 with a revenue of 22.30 USD Billion in the year 2024.
- Food Grade is the Fastest growing segment in U.S. Lubricants Market to 2032 with a Growth rate of 3.00 % in forecast period 2025-2032.
-
U.S. Lubricants Market to 2032, By Format
- Bulk is the largest segment in U.S. Lubricants Market to 2032 with a revenue of 10.09 USD Billion in the year 2024.
- Bulk is the Fastest growing segment in U.S. Lubricants Market to 2032 with a Growth rate of 3.48 % in forecast period 2025-2032.
-
U.S. Lubricants Market to 2032, By Base Oil
- Mineral Oil is the largest segment in U.S. Lubricants Market to 2032 with a revenue of 13.73 USD Billion in the year 2024.
- Synthetic Oil is the Fastest growing segment in U.S. Lubricants Market to 2032 with a Growth rate of 2.88 % in forecast period 2025-2032.
-
U.S. Lubricants Market to 2032, By Sales Channel
- Distributors is the largest segment in U.S. Lubricants Market to 2032 with a revenue of 17.12 USD Billion in the year 2024.
- Distributors is the Fastest growing segment in U.S. Lubricants Market to 2032 with a Growth rate of 3.05 % in forecast period 2025-2032.
U.S. Lubricants Market Company Share Analysis
U.S. Lubricants Market Geographical Sales Distribution, 2018-2032 USD Billion
U.S. Lubricants Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The U.S. Lubricants Market is segmented based on Segmentation End-Use,Product,Grade,Format,Base Oil,Sales Channel.
U.S. Lubricants Market was valued at USD 22.86(Revenue in USD Billion) in 2024.
U.S. Lubricants Market is projected to grow at a CAGR of 3.01% during the forecast period of 2024 to 2032.
The Industrial segment is expected to dominate the U.S. Lubricants Market, holding a largest market share of 22.30 USD Billion in 2024
U.S. Lubricants Market Scope
U.S. Lubricants Market Segmentation & Scope
End-Use
- Others
- Consumer/DIY
- Pulp & Paper
- Textile
- Plastics & Rubber Processing
- Cement
- Food & Beverage
- Oil & Gas
- Manufacturing Equipment
- Electrical/Utility
- Agriculture
- Railways
- Mining
- Aerospace, Aviation & Defense
- Industrial Machinery
- Heavy Equipment
- Construction Machinery
- Chemical Manufacturing
- Metallurgy And Metal Working
- Energy & Power Generation
- Marine
- Automobile & Transportation
Product
- Others
- Penetrants
- Rust Preventive Oils
- Heat Transfer Oils
- Gas Turbine Oils
- Compressor Oils
- Wind Turbine Oils
- Metalworking Fluids
- Grease
- Gear Oil
- Circulation Fluids
- Hydraulic Oils
- Engine Oils
Grade
- Food Grade
- Industrial
Format
- Others
- Small Pack
- Mini-Bulk
- Bulk
Base Oil
- Bio-Based Oil
- Semi-Synthetic Oil
- Synthetic Oil
- Mineral Oil
Sales Channel
- Direct to End Users
- E-Commerce
- Retail
- Distributors
Frequently Asked Questions
The U.S. Lubricants Market is segmented based on Segmentation End-Use,Product,Grade,Format,Base Oil,Sales Channel.
U.S. Lubricants Market was valued at USD 22.86(Revenue in USD Billion) in 2024.
U.S. Lubricants Market is projected to grow at a CAGR of 3.01% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Lubricants Market for final year is USD 28.91 (USD Billion).
U.S. Lubricants Market Company Profiling
Frequently Asked Questions
The U.S. Lubricants Market is segmented based on Segmentation End-Use,Product,Grade,Format,Base Oil,Sales Channel.
U.S. Lubricants Market was valued at USD 22.86(Revenue in USD Billion) in 2024.
U.S. Lubricants Market is projected to grow at a CAGR of 3.01% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Lubricants Market for final year is USD 28.91 (USD Billion).
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