Construction Lubricants Market

Construction Lubricants Market by Application (Engine Oil, Gear Oil, Greases), by Base Oil (Mineral Oil, Synthetic Oil), by Sales Channel by, Formulation Type (Conventional, Bio-based), by Equipment Type (Excavators, Bulldozers) & Regional Forecast 2022 to 2032

Analysis of Construction Lubricants market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

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Construction Lubricants Industry Outlook (2022 to 2032)

The global construction lubricants market is likely to be valued at US$ 19.38 Billion in FY 2022, up from US$ 18.62 Billion in 2021. During the past year, the industry registered a Y-o-Y increase worth 4%.

Report Attributes Details
Anticipated Base Year Value (2021) US$ 18.62 Billion
Expected Market Value (2022) US$ 19.38 Billion
Projected Forecast Value (2032) US$ 29 Billion
Global Growth Rate (2022 to 2032) 4.1% CAGR
Growth Rate of the North American Market (2022 to 2032) 2% CAGR
Expected Market Value of APAC (2032) US$ 2 Billion
Europe Market Expansion Rate (2022 to 2032) 2.2% CAGR
Key Companies Profiled BP Plc.; Indian Oil Corporation,; TOTAL S.A.; Balmer Lawrie & Co. Ltd.; PetroChina Company Limited; Berg Chilling Systems Inc.; Chevron Corporation; Eni S.p.A.

From 2022 to 2032, Construction Lubricants sales are poised to flourish at a CAGR of 4.1% to reach a value of US$ 29 Billion by the end of 2032.

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2015 to 2021 Construction Lubricants Market Revenue Analysis vs. Market Outlook 2022 to 2032

From 2015 to 2021, market research and competitive intelligence provider Fact.MR concluded that construction lubricant sales inclined at a CAGR of 3.8%. Demand for construction lubricants in the backhoe segment proliferated at a rate of 5% during the same period. The APAC will dominate the global market, registering a valuation of nearly US$ 2 Billion.

Fact.MR estimates that the global construction lubricants industry is projected to grow at a CAGR of 4.1% from 2022 to 2032. Resurgence in construction activities and growing investment in infrastructure development projects, particularly in emerging economies, continue to support the growth of the construction lubricants industry.

Key Drivers Stimulating Construction Lubricants Industry Expansion

The global construction industry is set for massive growth in the forthcoming years, on account of underlying factors such as urbanization and economic recovery worldwide. This unprecedented growth in the global construction industry is expected to accelerate the adoption of construction lubricants.

Increasing focus on infrastructure development across developed as well as developing economies is paving lucrative avenues for the construction equipment manufacturers, in turn creating potential growth opportunities for key players in the construction lubricants market.

The proliferation of construction equipment & machinery OEMs across the key regions is estimated to underpin the demand for construction lubricants. Increasing focus on performance optimization of construction equipment is foreseen to fuel robust investments in the industry. This will create high demand for construction lubricants, as demand for high-quality specialty solutions to serve sophisticated varieties of construction equipment & machinery gains traction.

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Key Challenges to Construction Lubricants Industry Expansion

The prominent factor challenging the construction lubricant manufacturers is the high costs associated with the production of certain construction lubricants, thereby restraining the market expansion. Additionally, strict environmental regulations curbing the usage of certain construction lubricants is another aspect expected to hinder the growth of the global construction lubricants market throughout the forecast period.

Country-wise Analysis

How Opportunistic are Growth Prospects across North America?

Based on geography, the North American construction lubricants market is likely to expand at a CAGR of about 2% throughout the projection period. Rising demand from construction and power generation industries laterally with snowballing demand for high-performance lubricants are propelling the market.

On the contrary, the escalating number of electrical & hybrid vehicles, upsurge in the lifetime of lubricants, and rigorous environmental regulations linked with unfavourable conditions arising owing to the COVID-19 epidemic are clogging the market growth.

The United States is likely to maintain the status quo in the construction lubricants market with the largest consumption in the North American region. Fact.MR estimates that the projected value for construction lubricants in North America is likely to reach US$ 4.4 Billion by 2032 end.

Why are Construction Lubricants Providers Venturing into APAC?

APAC is likely to emerge as a highly attractive market for construction lubricants, driven by rapid industrialization across developing economies in the region. In addition, increasing government, as well as foreign investments apropos of the construction activities, is further underpinning the growth of the East Asia construction lubricants market. The APAC construction lubricants market is projected to cultivate to US$ 2 Billion by 2032 at a CAGR of 2%.

In 2021, Asia-Pacific clutched a significant proportion of the global construction lubricants market in terms of consumption. Over the last 5 years, domestic and international investment in the construction industry in Asia-Pacific has sluggishly increased.

Region-wise Value CAGRs for Construction Lubricants (2022 to 2032)

North America 2%
Europe 2.2%
APAC 2%

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Category-wise Insights

Which Product Type is Most Preferred in the Construction Lubricants Market?

According to the Fact.MR’s report, synthetic oil will continue to be preferred over mineral oil, with global sales estimated to exceed 3,300 KT in 2019. In terms of base oil, the synthetic oil segment held nearly 2/3rd share in 2021.

Marked preferences for synthetic oil are on account of its superior performance capabilities and higher drain intervals. Stringent emission norms & regulations are also driving demand for synthetic oils. The global synthetic lubricants market is expected to nurture at a compound annual growth rate (CAGR) of 4.3% to surpass US$ 7 Billion over the assessment period.

Based on Equipment Type, which Construction Lubricants Segment is expected to dominate?

Fact.MR’s study finds that backhoe loaders account for larger sales of construction lubricants, as they entail relatively greater fleet maintenance requirements than other construction equipment. Soaring investments in infrastructure by several governments are projected to drive the sales of backhoe loaders across the world.

There are also initiatives ongoing to restructure procedures and policies around infrastructure investment which should kindle the segment further, as should novel funding initiatives. The backhoe segment is estimated to witness moderate growth in the forthcoming years; backed by an upward trend of house renovations and a boom in residential building construction.

Competitive Landscape

Prominent Construction Lubricants providers are reliant on partnerships, collaborations, acquisitions, and new software launches to stay afloat in the global market. Constant innovations to ensure a seamless client-customer relationship are the main focus of prominent market players.

  • In December 2021, Aker BP announced its proposed acquisition of the oil and gas business of Lundin Energy, through a statutory merger. This combination would create the largest exploration and production company focused exclusively on the Norwegian Continental Shelf.
  • In April 2022, Indian Oil Corporation announced to invest nearly Rs 840 crores in expanding its Petroleum, Oil, and Lubricant (POL) storage capacities, including setting up a Greenfield facility, in the Northeast.
    The company is planning to take its POL capacities to 5,530 Thousand Metric Tonnes Per Annum (TMTPA) by 2030 from the existing 3,160 TMTPA.

Key Segments Covered in the Construction Lubricants Industry Survey

  • By Application :

    • Engine Oil
    • Gear Oil
    • Automatic Transmission Oil
    • Greases
    • Brake Fluid
    • Hydraulic Fluid

  • By Base Oil :

    • Mineral Oil-based Construction Lubricants
    • Synthetic Oil-based Construction Lubricants

  • By Sales Channel :

    • Automotive Dealers
    • Independent Garages & Service Stations
    • Retailers/Automotive Part Stores

  • By Formulation Type :

    • Conventional Construction Lubricants
    • Bio-based Construction Lubricants

  • By Equipment Type :

    • Excavators
    • Backhoe
    • Bulldozers
    • Loaders
    • Graders
    • Articulated Hauler
    • Soil Compactor
    • Cranes
    • Rigid Dump Trucks
    • Others

  • By Region :

    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • The Middle East & Africa

Table of Content

  • 1. Executive Summary
  • 2. Global Market Overview
  • 3. Market Dynamics
  • 4. Global Market - Price Point Analysis
  • 5. Global Market Analysis and Forecast, 2015 to 2032
    • 5.1. Global Market Analysis and Forecast, By Application
      • 5.1.1. Engine Oil
      • 5.1.2. Gear Oil
      • 5.1.3. Automatic Transmission Oil
      • 5.1.4. Greases
      • 5.1.5. Brake Fluid
      • 5.1.6. Hydraulic Fluid
    • 5.2. Global Market Analysis and Forecast, By Base Oil
      • 5.2.1. Mineral Oil-based Construction Lubricants
      • 5.2.2. Synthetic Oil-based Construction Lubricants
    • 5.3. Global Market Analysis and Forecast, By Sales Channel
      • 5.3.1. Automotive Dealers
      • 5.3.2. Independent Garages & Service Stations
      • 5.3.3. Retailers/Automotive Part Stores
    • 5.4. Global Market Analysis and Forecast, By Formulation Type
      • 5.4.1. Conventional
      • 5.4.2. Bio-based
    • 5.5. Global Market Analysis and Forecast, By Equipment Type
      • 5.5.1. Excavators
      • 5.5.2. Backhoe
      • 5.5.3. Bulldozers
      • 5.5.4. Loaders
      • 5.5.5. Graders
      • 5.5.6. Articulated Hauler
      • 5.5.7. Soil Compactor
      • 5.5.8. Cranes
      • 5.5.9. Rigid Dump Trucks
      • 5.5.10. Others
    • 5.6. Global Market Analysis and Forecast, By Region
      • 5.6.1. North America
      • 5.6.2. Latin America
      • 5.6.3. Europe
      • 5.6.4. Asia Pacific
      • 5.6.5. The Middle East & Africa
  • 6. North America Market Analysis, 2015 to 2032
  • 7. Latin America Market Analysis, 2015 to 2032
  • 8. Europe Market Analysis, 2015 to 2032
  • 9. South Asia Market Analysis, 2015 to 2032
  • 10. East Asia Market Analysis, 2015 to 2032
  • 11. Oceania Market Analysis, 2015 to 2032
  • 12. MEA Market Analysis, 2015 to 2032
  • 13. Competitive Assessment
  • 14. Company Profile
    • 14.1. Royal Dutch Shell plc
    • 14.2. Exxon Mobil Corporation
    • 14.3. BP plc
    • 14.4. TOTAL S.A
    • 14.5. Indian Oil Corporation
    • 14.6. FUCHS Group
    • 14.7. Berg Chilling Systems Inc.
    • 14.8. Balmer Lawrie & Co. Ltd.
    • 14.9. PetroChina Company Limited
    • 14.10. Chevron Corporation
    • 14.11. PJSC Lukoil
    • 14.12. Eni S.p.A.
  • 15. Disclaimer and Contact Information

List Of Table

Table.1 Global Market Volume and Forecast (KT), Application, 2015 to 2032

Table.2 Global Market Value and Forecast (US$ Mn), by Application, 2015 to 2032

Table.3 Global Market Volume and Forecast (KT), by Base Oil, 2015 to 2032

Table.4 Global Market Value and Forecast (US$ Mn), by Base Oil, 2015 to 2032

Table.5 Global Market Volume and Forecast (KT), by Formulation Type, 2015 to 2032

Table.6 Global Market Value and Forecast (US$ Mn), by Formulation Type, 2015 to 2032

Table.7 Global Market Volume and Forecast (KT), by Sales Channel, 2015 to 2032

Table.8 Global Market Value and Forecast (US$ Mn), by Sales Channel, 2015 to 2032

Table.9 Global Market Volume and Forecast (KT), by Equipment Type, 2015 to 2032

Table.10 Global Market Value and Forecast (US$ Mn), by Equipment Type, 2015 to 2032

Table.11 North America Market Volume and Forecast (KT), by Country, 2015 to 2032

Table.12 North America Market Value and Forecast (US$ Mn), by Country, 2015 to 2032

Table.13 North America Market Volume and Forecast (KT), Application, 2015 to 2032

Table.14 North America Market Value and Forecast (US$ Mn), by Application, 2015 to 2032

Table.15 North America Market Volume and Forecast (KT), by Base Oil, 2015 to 2032

Table.16 North America Market Value and Forecast (US$ Mn), by Base Oil, 2015 to 2032

Table.17 North America Market Volume and Forecast (KT), by Formulation Type, 2015 to 2032

Table.18 North America Market Value and Forecast (US$ Mn), by Formulation Type, 2015 to 2032

Table.19 North America Market Volume and Forecast (KT), by Sales Channel, 2015 to 2032

Table.20 North America Market Value and Forecast (US$ Mn), by Sales Channel, 2015 to 2032

Table.21 North America Market Volume and Forecast (KT), by Equipment Type, 2015 to 2032

Table.22 North America Market Value and Forecast (US$ Mn), by Equipment Type, 2015 to 2032

Table.23 Latin America Market Volume and Forecast (KT), by Country, 2015 to 2032

Table.24 Latin America Market Value and Forecast (US$ Mn), by Country, 2015 to 2032

Table.25 Latin America Market Volume and Forecast (KT), Application, 2015 to 2032

Table.26 Latin America Market Value and Forecast (US$ Mn), by Application, 2015 to 2032

Table.27 Latin America Market Volume and Forecast (KT), by Base Oil, 2015 to 2032

Table.28 Latin America Market Value and Forecast (US$ Mn), by Base Oil, 2015 to 2032

Table.29 Latin America Market Volume and Forecast (KT), by Formulation Type, 2015 to 2032

Table.30 Latin America Market Value and Forecast (US$ Mn), by Formulation Type, 2015 to 2032

Table.31 Latin America Market Volume and Forecast (KT), by Sales Channel, 2015 to 2032

Table.32 Latin America Market Value and Forecast (US$ Mn), by Sales Channel, 2015 to 2032

Table.33 Latin America Market Volume and Forecast (KT), by Equipment Type, 2015 to 2032

Table.34 Latin America Market Value and Forecast (US$ Mn), by Equipment Type, 2015 to 2032

Table.35 Europe Market Volume and Forecast (KT), by Country, 2015 to 2032

Table.36 Europe Market Value and Forecast (US$ Mn), by Country, 2015 to 2032

Table.37 Europe Market Volume and Forecast (KT), Application, 2015 to 2032

Table.38 Europe Market Value and Forecast (US$ Mn), by Application, 2015 to 2032

Table.39 Europe Market Volume and Forecast (KT), by Base Oil, 2015 to 2032

Table.40 Europe Market Value and Forecast (US$ Mn), by Base Oil, 2015 to 2032

Table.41 Europe Market Volume and Forecast (KT), by Formulation Type, 2015 to 2032

Table.42 Europe Market Value and Forecast (US$ Mn), by Formulation Type, 2015 to 2032

Table.43 Europe Market Volume and Forecast (KT), by Sales Channel, 2015 to 2032

Table.44 Europe Market Value and Forecast (US$ Mn), by Sales Channel, 2015 to 2032

Table.45 Europe Market Volume and Forecast (KT), by Equipment Type, 2015 to 2032

Table.46 Europe Market Value and Forecast (US$ Mn), by Equipment Type, 2015 to 2032

Table.47 South Asia Market Volume and Forecast (KT), by Country, 2015 to 2032

Table.48 South Asia Market Value and Forecast (US$ Mn), by Country, 2015 to 2032

Table.49 South Asia Market Volume and Forecast (KT), Application, 2015 to 2032

Table.50 South Asia Market Value and Forecast (US$ Mn), by Application, 2015 to 2032

Table.51 South Asia Market Volume and Forecast (KT), by Base Oil, 2015 to 2032

Table.52 South Asia Market Value and Forecast (US$ Mn), by Base Oil, 2015 to 2032

Table.53 South Asia Market Volume and Forecast (KT), by Formulation Type, 2015 to 2032

Table.54 South Asia Market Value and Forecast (US$ Mn), by Formulation Type, 2015 to 2032

Table.55 South Asia Market Volume and Forecast (KT), by Sales Channel, 2015 to 2032

Table.56 South Asia Market Value and Forecast (US$ Mn), by Sales Channel, 2015 to 2032

Table.57 South Asia Market Volume and Forecast (KT), by Equipment Type, 2015 to 2032

Table.58 South Asia Market Value and Forecast (US$ Mn), by Equipment Type, 2015 to 2032

Table.59 East Asia Market Volume and Forecast (KT), by Country, 2015 to 2032

Table.60 East Asia Market Value and Forecast (US$ Mn), by Country, 2015 to 2032

Table.61 East Asia Market Volume and Forecast (KT), Application, 2015 to 2032

Table.62 East Asia Market Value and Forecast (US$ Mn), by Application, 2015 to 2032

Table.63 East Asia Market Volume and Forecast (KT), by Base Oil, 2015 to 2032

Table.64 East Asia Market Value and Forecast (US$ Mn), by Base Oil, 2015 to 2032

Table.65 East Asia Market Volume and Forecast (KT), by Formulation Type, 2015 to 2032

Table.66 East Asia Market Value and Forecast (US$ Mn), by Formulation Type, 2015 to 2032

Table.67 East Asia Market Volume and Forecast (KT), by Sales Channel, 2015 to 2032

Table.68 East Asia Market Value and Forecast (US$ Mn), by Sales Channel, 2015 to 2032

Table.69 East Asia Market Volume and Forecast (KT), by Equipment Type, 2015 to 2032

Table.70 East Asia Market Value and Forecast (US$ Mn), by Equipment Type, 2015 to 2032

Table.71 Oceania Market Volume and Forecast (KT), by Country, 2015 to 2032

Table.72 Oceania Market Value and Forecast (US$ Mn), by Country, 2015 to 2032

Table.73 Oceania Market Volume and Forecast (KT), Application, 2015 to 2032

Table.74 Oceania Market Value and Forecast (US$ Mn), by Application, 2015 to 2032

Table.75 Oceania Market Volume and Forecast (KT), by Base Oil, 2015 to 2032

Table.76 Oceania Market Value and Forecast (US$ Mn), by Base Oil, 2015 to 2032

Table.77 Oceania Market Volume and Forecast (KT), by Formulation Type, 2015 to 2032

Table.78 Oceania Market Value and Forecast (US$ Mn), by Formulation Type, 2015 to 2032

Table.79 Oceania Market Volume and Forecast (KT), by Sales Channel, 2015 to 2032

Table.80 Oceania Market Value and Forecast (US$ Mn), by Sales Channel, 2015 to 2032

Table.81 Oceania Market Volume and Forecast (KT), by Equipment Type, 2015 to 2032

Table.82 Oceania Market Value and Forecast (US$ Mn), by Equipment Type, 2015 to 2032

Table.83 MEA Market Volume and Forecast (KT), by Country, 2015 to 2032

Table.84 MEA Market Value and Forecast (US$ Mn), by Country, 2015 to 2032

Table.85 MEA Market Volume and Forecast (KT), Application, 2015 to 2032

Table.86 MEA Market Value and Forecast (US$ Mn), by Application, 2015 to 2032

Table.87 MEA Market Volume and Forecast (KT), by Base Oil, 2015 to 2032

Table.88 MEA Market Value and Forecast (US$ Mn), by Base Oil, 2015 to 2032

Table.89 MEA Market Volume and Forecast (KT), by Formulation Type, 2015 to 2032

Table.90 MEA Market Value and Forecast (US$ Mn), by Formulation Type, 2015 to 2032

Table.91 MEA Market Volume and Forecast (KT), by Sales Channel, 2015 to 2032

Table.92 MEA Market Value and Forecast (US$ Mn), by Sales Channel, 2015 to 2032

Table.93 MEA Market Volume and Forecast (KT), by Equipment Type, 2015 to 2032

Table.94 MEA Market Value and Forecast (US$ Mn), by Equipment Type, 2015 to 2032

List Of Figures

Fig.1 Global Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.2 Global Market Volume (KT) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.3 Global Market Volume Share and Forecast, 2018 to 2028

Fig.4 Global Market Volume Share and Forecast by Application, 2022 to 2032

Fig.5 Global Market Value Forecast (US$ Mn) and CAGR by Application, 2015, 2022 and 2032

Fig.6 Global Market Value Growth by Application, 2015 to 2032

Fig.7 Global Market Attractiveness Analysis, by Application, 2022 to 2032

Fig.8 Global Market Volume Share and Forecast by Base Oil, 2022 to 2032

Fig.9 Global Market Value Forecast (US$ Mn) and CAGR by Base Oil, 2015, 2022 and 2032

Fig.10 Global Market Value Growth by Base Oil, 2015 to 2032

Fig.11 Global Market Attractiveness Analysis, by Base Oil, 2022 to 2032

Fig.12 Global Market Volume Share and Forecast by Formulation Type, 2022 to 2032

Fig.13 Global Market Value Forecast (US$ Mn) and CAGR by Formulation Type, 2015 to 2032

Fig.14 Global Market Value Growth by Formulation Type, 2015 to 2032

Fig.15 Global Market Attractiveness Analysis, by Formulation Type, 2022 to 2032

Fig.16 Global Market Volume Share and Forecast by Sales Channel, 2022 to 2032

Fig.17 Global Market Value Forecast (US$ Mn) and CAGR by Formulation Type, 2015 to 2032

Fig.18 Global Market Value Growth by Formulation Type, 2015 to 2032

Fig.19 Global Market Attractiveness Analysis, by Formulation Type, 2022 to 2032

Fig.20 Global Market Volume Share and Forecast by Equipment Type, 2022 to 2032

Fig.21 Global Market Value Forecast (US$ Mn) and CAGR by Equipment Type, 2015 to 2032

Fig.22 Global Market Value Growth by Equipment Type, 2015 to 2032

Fig.23 Global Market Attractiveness Analysis, by Equipment Type, 2022 to 2032

Fig.24 North America Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.25 North America Market Volume (KT) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.26 US Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.27 Canada Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.28 North America Market Volume Share and Forecast by Application, 2022 to 2032

Fig.29 North America Market Value Forecast (US$ Mn) and CAGR by Application, 2015, 2022 and 2032

Fig.30 North America Market Value Growth by Application, 2015 to 2032

Fig.31 North America Market Volume Share and Forecast by Base Oil, 2022 to 2032

Fig.32 North America Market Value Forecast (US$ Mn) and CAGR by Base Oil, 2015 to 2032

Fig.33 North America Market Value Growth by Base Oil, 2015 to 2032

Fig.34 North America Market Volume Share and Forecast by Formulation Type, 2022 to 2032

Fig.35 North America Market Value Forecast (US$ Mn) and CAGR by Formulation Type, 2015 to 2032

Fig.36 North America Market Value Growth by Formulation Type, 2015 to 2032

Fig.37 North America Market Volume Share and Forecast by Sales Channel, 2022 to 2032

Fig.38 North America Market Value Forecast (US$ Mn) and CAGR by Sales Channel, 2015 to 2032

Fig.39 North America Market Value Growth by Sales Channel, 2015 to 2032

Fig.40 North America Market Volume Share and Forecast by Equipment Type, 2022 to 2032

Fig.41 North America Market Value Forecast (US$ Mn) and CAGR by Equipment Type, 2015 to 2032

Fig.42 North America Market Value Growth by Equipment Type, 2015 to 2032

Fig.43 Latin America Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.44 Latin America Market Volume (KT) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.45 Brazil Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.46 Mexico Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.47 Rest of Latin America Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.48 Latin America Market Volume Share and Forecast by Application, 2022 to 2032

Fig.49 Latin America Market Value Forecast (US$ Mn) and CAGR by Application, 2015, 2022 and 2032

Fig.50 Latin America Market Value Growth by Application, 2015 to 2032

Fig.51 Latin America Market Volume Share and Forecast by Base Oil, 2022 to 2032

Fig.52 Latin America Market Value Forecast (US$ Mn) and CAGR by Base Oil, 2015 to 2032

Fig.53 Latin America Market Value Growth by Base Oil, 2015 to 2032

Fig.54 Latin America Market Volume Share and Forecast by Formulation Type, 2022 to 2032

Fig.55 Latin America Market Value Forecast (US$ Mn) and CAGR by Formulation Type, 2015 to 2032

Fig.56 Latin America Market Value Growth by Formulation Type, 2015 to 2032

Fig.57 Latin America Market Volume Share and Forecast by Sales Channel, 2022 to 2032

Fig.58 Latin America Market Value Forecast (US$ Mn) and CAGR by Sales Channel, 2015 to 2032

Fig.59 Latin America Market Value Growth by Sales Channel, 2015 to 2032

Fig.60 Latin America Market Volume Share and Forecast by Equipment Type, 2022 to 2032

Fig.61 Latin America Market Value Forecast (US$ Mn) and CAGR by Equipment Type, 2015 to 2032

Fig.62 Latin America Market Value Growth by Equipment Type, 2015 to 2032

Fig.63 Europe Market Volume (KT) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.64 Germany Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.65 UK Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.66 France Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.67 Italy Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.68 Spain Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.69 BENELUX Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.70 Russia Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.71 Rest of Europe Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.72 Europe Market Volume Share and Forecast by Application, 2022 to 2032

Fig.73 Europe Market Value Forecast (US$ Mn) and CAGR by Application, 2015, 2022 and 2032

Fig.74 Europe Market Value Growth by Application, 2015 to 2032

Fig.75 Europe Market Volume Share and Forecast by Base Oil, 2022 to 2032

Fig.76 Europe Market Value Forecast (US$ Mn) and CAGR by Base Oil, 2015 to 2032

Fig.77 Europe Market Value Growth by Base Oil, 2015 to 2032

Fig.78 Europe Market Volume Share and Forecast by Formulation Type, 2022 to 2032

Fig.79 Europe Market Value Forecast (US$ Mn) and CAGR by Formulation Type, 2015 to 2032

Fig.80 Europe Market Value Growth by Formulation Type, 2015 to 2032

Fig.81 Europe Market Volume Share and Forecast by Sales Channel, 2022 to 2032

Fig.82 Europe Market Value Forecast (US$ Mn) and CAGR by Sales Channel, 2015 to 2032

Fig.83 Europe Market Value Growth by Sales Channel, 2015 to 2032

Fig.84 Europe Market Volume Share and Forecast by Equipment Type, 2022 to 2032

Fig.85 Europe Market Value Forecast (US$ Mn) and CAGR by Equipment Type, 2015 to 2032

Fig.86 Europe Market Value Growth by Equipment Type, 2015 to 2032

Fig.87 South Asia Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.88 South Asia Market Volume (KT) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.89 India Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.90 Thailand Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.91 Indonesia Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.92 Malaysia Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.93 Rest of South Asia Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.94 South Asia Market Volume Share and Forecast by Application, 2022 to 2032

Fig.95 South Asia Market Value Forecast (US$ Mn) and CAGR by Application, 2015, 2022 and 2032

Fig.96 South Asia Market Value Growth by Application, 2015 to 2032

Fig.97 South Asia Market Volume Share and Forecast by Base Oil, 2022 to 2032

Fig.98 South Asia Market Value Forecast (US$ Mn) and CAGR by Base Oil, 2015 to 2032

Fig.99 South Asia Market Value Growth by Base Oil, 2015 to 2032

Fig.100 South Asia Market Volume Share and Forecast by Formulation Type, 2022 to 2032

Fig.101 South Asia Market Value Forecast (US$ Mn) and CAGR by Formulation Type, 2015 to 2032

Fig.102 South Asia Market Value Growth by Formulation Type, 2015 to 2032

Fig.103 South Asia Market Volume Share and Forecast by Sales Channel, 2022 to 2032

Fig.104 South Asia Market Value Forecast (US$ Mn) and CAGR by Sales Channel, 2015 to 2032

Fig.105 South Asia Market Value Growth by Sales Channel, 2015 to 2032

Fig.106 South Asia Market Volume Share and Forecast by Equipment Type, 2022 to 2032

Fig.107 South Asia Market Value Forecast (US$ Mn) and CAGR by Equipment Type, 2015 to 2032

Fig.108 South Asia Market Value Growth by Equipment Type, 2015 to 2032

Fig.109 East Asia Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.110 East Asia Market Volume (KT) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.111 China Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.112 Japan Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.113 South Korea Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.114 East Asia Market Volume Share and Forecast by Application, 2022 to 2032

Fig.115 East Asia Market Value Forecast (US$ Mn) and CAGR by Application, 2015, 2022 and 2032

Fig.116 East Asia Market Value Growth by Application, 2015 to 2032

Fig.117 East Asia Market Volume Share and Forecast by Base Oil, 2022 to 2032

Fig.118 East Asia Market Value Forecast (US$ Mn) and CAGR by Base Oil, 2015 to 2032

Fig.119 East Asia Market Value Growth by Base Oil, 2015 to 2032

Fig.120 East Asia Market Volume Share and Forecast by Formulation Type, 2022 to 2032

Fig.121 East Asia Market Value Forecast (US$ Mn) and CAGR by Formulation Type, 2015 to 2032

Fig.122 East Asia Market Value Growth by Formulation Type, 2015 to 2032

Fig.123 East Asia Market Volume Share and Forecast by Sales Channel, 2022 to 2032

Fig.124 East Asia Market Value Forecast (US$ Mn) and CAGR by Sales Channel, 2015 to 2032

Fig.125 East Asia Market Value Growth by Sales Channel, 2015 to 2032

Fig.126 East Asia Market Volume Share and Forecast by Equipment Type, 2022 to 2032

Fig.127 East Asia Market Value Forecast (US$ Mn) and CAGR by Equipment Type, 2015 to 2032

Fig.128 East Asia Market Value Growth by Equipment Type, 2015 to 2032

Fig.129 Oceania Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.130 Oceania Market Volume (KT) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.131 Australia Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.132 New Zealand Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.133 Oceania Market Volume Share and Forecast by Application, 2022 to 2032

Fig.134 Oceania Market Value Forecast (US$ Mn) and CAGR by Application, 2015, 2022 and 2032

Fig.135 Oceania Market Value Growth by Application, 2015 to 2032

Fig.136 Oceania Market Volume Share and Forecast by Base Oil, 2022 to 2032

Fig.137 Oceania Market Value Forecast (US$ Mn) and CAGR by Base Oil, 2015 to 2032

Fig.138 Oceania Market Value Growth by Base Oil, 2015 to 2032

Fig.139 Oceania Market Volume Share and Forecast by Formulation Type, 2022 to 2032

Fig.140 Oceania Market Value Forecast (US$ Mn) and CAGR by Formulation Type, 2015 to 2032

Fig.141 Oceania Market Value Growth by Formulation Type, 2015 to 2032

Fig.142 Oceania Market Volume Share and Forecast by Sales Channel, 2022 to 2032

Fig.143 Oceania Market Value Forecast (US$ Mn) and CAGR by Sales Channel, 2015 to 2032

Fig.144 Oceania Market Value Growth by Sales Channel, 2015 to 2032

Fig.145 Oceania Market Volume Share and Forecast by Equipment Type, 2022 to 2032

Fig.146 Oceania Market Value Forecast (US$ Mn) and CAGR by Equipment Type, 2015 to 2032

Fig.147 Oceania Market Value Growth by Equipment Type, 2015 to 2032

Fig.148 MEA Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.149 MEA Market Volume (KT) and Y-o-Y Growth Forecast, 2015 to 2032

Fig.150 GCC Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.151 Turkey Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.152 North Africa Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.153 South Africa Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.154 Rest of MEA Market Value (US$ Mn) and Volume Forecast (KT), 2015 to 2032

Fig.155 MEA Market Volume Share and Forecast by Application, 2022 to 2032

Fig.156 MEA Market Value Forecast (US$ Mn) and CAGR by Application, 2015, 2022 and 2032

Fig.157 MEA Market Value Growth by Application, 2015 to 2032

Fig.158 MEA Market Volume Share and Forecast by Base Oil, 2022 to 2032

Fig.159 MEA Market Value Forecast (US$ Mn) and CAGR by Base Oil, 2015 to 2032

Fig.160 MEA Market Value Growth by Base Oil, 2015 to 2032

Fig.161 MEA Market Volume Share and Forecast by Formulation Type, 2022 to 2032

Fig.162 MEA Market Value Forecast (US$ Mn) and CAGR by Formulation Type, 2015 to 2032

Fig.163 MEA Market Value Growth by Formulation Type, 2015 to 2032

Fig.164 MEA Market Volume Share and Forecast by Sales Channel, 2022 to 2032

Fig.165 MEA Market Value Forecast (US$ Mn) and CAGR by Sales Channel, 2015 to 2032

Fig.166 MEA Market Value Growth by Sales Channel, 2015 to 2032

Fig.167 MEA Market Volume Share and Forecast by Equipment Type, 2022 to 2032

Fig.168 MEA Market Value Forecast (US$ Mn) and CAGR by Equipment Type, 2015 to 2032

Fig.169 MEA Market Value Growth by Equipment Type, 2015 to 2032

- FAQs -

What was the market worth for construction lubricants in 2021?

As of 2021, Fact.MR estimated the construction lubricants market to have reached US$ 18.62 Billion

What is the expected worth of the construction lubricants industry in 2022?

By 2022, Fact.MR expected demand for construction lubricants to reach US$ 19.38 Billion

At what rate did the construction lubricants market flourish from 2015-to 2021?

From 2015 to 2021, the construction lubricants market grew at a 3.8% value CAGR

What is the expected forecast CAGR for construction lubricants from 2022 to 2032?

From 2022-to 2032, construction lubricants demand is likely to surge at a 4.1% CAGR

At what value will the market for construction lubricants close in 2032?

By 2032, the market for construction lubricants is likely to be valued at US$ 29 Billion

What is the expected market value for the North American construction lubricants market?

By 2032, Fact.MR expects the U.S market for construction lubricants to reach US$ 4.4 Billion

How opportunistic is the APAC market for construction lubricants?

APAC is expected to register a 2% CAGR in the construction lubricants industry

Which Product type will account for the maximum Construction Lubricants revenue?

Synthetic oil construction lubricants will be maximum, expanding at a 6.4% CAGR

By equipment type, which category is likely to remain top-selling until 2032?

Backhoe construction lubricants will remain most preferred, expanding at a CAGR of 5% until 2032

- Also of Interest -

Construction Polymers Market

Construction Polymers Market Analysis, By Polymer Type, By Application, By End-use Sector, By Construction Activity, and By Region - Market Insights 2025 to 2035

Construction Aggregate Market

Construction Aggregate Market Study by Crushed Stones, Manufactured Sand, Natural Sand, Gravel, and Recycled Aggregates for Commercial, Residential, Industrial, and Infrastructure from 2024 to 2034

Construction Plastics Market

Construction Plastics Market Analysis by Polystyrene, Polyethylene, Polypropylene, and Polyvinyl Chloride from 2023 to 2033

Construction Adhesive Market

Construction Adhesive Market Share & Trends Analysis, By Resin Type (Epoxy, Acrylic, Cyanoacrylate), By Technology Type (Water-based, Solvent-based, Reactive), By End User (Residential, Commercial, Infrastructure) & By Region Forecast - Global Review 2021 to 2031

Construction Lubricants Market

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