1. Market Research
  2. > Chemical
  3. > Specialty Chemical Market Trends
Biolubricants: Global Markets

Biolubricants: Global Markets

  • June 2021
  • 252 pages
  • ID: 6102853
  • Format: PDF
  • BCC Research


Table of Contents

Report Scope
In this report, the market has been segmented based on bio-based end-use category, base oil, product type and region.It offers an overview of the global market for biolubricants and analyzes global market trends, considering a base year of 2019 and estimates for 2020 and 2025.

Revenue forecasts for 2025 are given for each bio-lubricant type, base oil, product type, end-use and region. Estimated values are derived from manufacturers’ total revenues.

The report also includes a discussion of the major players in the market.Further, it explains the major drivers and regional dynamics of the market for biolubricants and current trends within the industry.

The report concludes with a special focus on the vendor landscape and includes detailed profiles of the major vendors in the global market for biolubricants.

This report covers the technological, economic and business considerations of the biolubricants industry with analyses and forecasts provided for global markets. Included in the report are descriptions of market forces relevant to the biolubricants industry and their areas of application.

Global markets are presented by base oil, product type and end-use industry of biolubricants, along with growth forecasts through 2025. Estimates on sales value are based on the price in the supply chain at which the biolubricants are procured by manufacturers.

Market-driving forces and industry structure are examined.International aspects are analyzed for all world regions and base oils of biolubricants.

Brief profiles of major global manufacturers are presented.

The presently developing COVID-19 pandemic has currently halted the progress of economies across the world. In addition to taking measures to lock down their respective countries to contain the spread of the coronavirus, especially in affected cities, various governments across the world are also taking the measures necessary to contain the economic slowdown.

The report considers the impact of COVID-19.In 2020, the growth rate of every industry across the world was impacted by the pandemic, and thus the biolubricants market will also be indirectly affected.

The market is, however, expected to bounce back in 2021, due to the relief packages or disaster aid packages provided by various governments to boost their economies.

The report does not include separate market data for the very small base oil types and product types covered under the other categories.

A negative economic outlook has been assumed in all the regions for 2020 due to COVID-19, but a later positive economic outlook has been assumed to continue in all the regions until 2025. The growing economies are assumed to attract key companies in the market and increase consumer spending.

Report Includes
- 177 data tables and 106 additional tables
- An overview of the global markets for bio lubricants
- Estimation of the market size and analyses of global market trends, with data from 2019 to 2020 and projections of compound annual growth rates (CAGRs) through 2025
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast and technological advancements within the industry
- Characterization and quantification of market potential for bio lubricants by end-use application, end-user, type and region
- Description of biodegradable and renewable feedstock, such as vegetable oil, animal fat, and bio-based esters and discussion on major advantages of bio lubricants as they are biodegradable, minimally toxic, and not bio-accumulative, and lubricants produced from these feedstocks are considered as environmentally acceptable lubricants (EAL)
- Discussion on importance of bio-lubricants products and their effect on economic activity, and analysis of recent developments, new product launches and strategic innovations within the industry
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships
- Company profiles of major players, including Binol Biolubricants, Exxon Mobil Corp., Klüber Lubrication, Royal Dutch Shell PLC and Vickers Oil

A lubricant is a substance used to reduce friction betweenmoving parts or surfaces, preventwear and tear, and reduce the heat generated by the movement of parts.Itmay also have the function of transmitting forces, transporting foreign particles, or heating and cooling the surfaces.

The property of reducing friction is known as lubricity.More than 85% of the lubricants used globally are based on petroleumfeedstock.

However, the industry is showing increasing inclination towards the use of biobased and non-toxic lubricants as a result of increasing pressure fromlocal and national regulatory bodies and growing concern about the adverse effects of industrialdevelopment on the environment.

Biolubricants, or environmentally accepted lubricants (EAL), are lubricants that are derived from renewable sources such as vegetable oils, animal fats and other sources. These lubricants are readily biodegradable, less toxicand do not harmaquatic organisms and the surrounding vegetation.

Biolubricants have severalenvironmental advantages overpetroleum-based lubricants because of the inherent qualities of vegetable oils.Vegetable oils have a high viscosity index,which does not change underhigh temperature, unlike petroleum-based lubricants.

They provide better lubricity and longer life to equipment.

The global market size forbiolubricants was REDACTED in 2019 and is projected to reach REDACTED by 2025 at a CAGRof REDACTED between 2020 and 2025.Europe accounted for the largest share of the biolubricants market globally.

The market in this region is projected to reach REDACTED by 2025, registering a CAGRof REDACTED during the forecast period. The increasing consumption of biolubricants in the marine industry is driving the growth of the market.

The major driver for the growth of the market is environmental regulations such as the VesselGeneral Permit (VGP) and European Ecolabel.Governments’ support for the development of bioeconomy such as the BioPreferred Programand government funding in research and development (R&D) to reduce the usage of petroleum-based products also support the growth of the market.Due to the implementation of these regulations, the marine industry has become the largest consumerof biolubricants. Some of the regions, like the U.S. and Europe, have adopted the VesselGeneralPermit quite strictly, whichmakes it compulsory for shipping vessels to use bio-based chemicals to enter their territorialwaters. This step has been taken to protect the aquatic ecosystemfromany type of contamination due to accidental leakage of harmful chemicals.

The primary factor restraining the market is the higherprice of biolubricants in comparison to mineralbased lubricants.Biolubricants are two to three timesmore expensive than mineral-based lubricants - hence, its acceptance in regions such as APAC, theMiddle East, Africa and South America is low.

The introduction of newenvironmental regulations and newR&D to reduce prices are expected to propel the market for biolubricants in the long-term.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Heavy Equipment Lubricants Market Review 2021 and Strategic Plan for 2022 - Insights, Trends, Competition, Growth Opportunities, Market Size, Market Share Data and Analysis Outlook to 2028

  • $ 4150
  • November 2021
  • 135 pages

Heavy Equipment Lubricants Market Review 2021 and Strategic Plan for 2022 - Insights, Trends, Competition, Growth Opportunities, Market Size, Market Share Data and Analysis Outlook to 2028 Heavy Equipment ...

  • World
  • Lubricants
  • Industry analysis


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on