Agricultural Lubricants Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR40425

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The agricultural lubricants market share is expected to increase by USD 657.45 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 5%.

The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (mineral oil-based lubricants, synthetic-based lubricants, and bio-based lubricants) and geography (APAC, Europe, North America, South America, and MEA).

The agricultural lubricants market report also offers information on several market vendors, including BP Plc, Chevron Corp., CONDAT group, Exxon Mobil Corp., FUCHS PETROLUB SE, Gulf Oil Lubricants India Ltd., Repsol SA, Royal Dutch Shell Plc, TOTAL SA, and Witham Oil & Paint Ltd. among others.

BP Plc - The company offers lubricants, such as greases and transmission oils for agriculture equipment. The upstream segment includes oil and natural gas exploration, field development and production, midstream transportation, storage and processing, and the marketing and trading of natural gas, including liquefied natural gas, together with power and natural gas liquids.

What will the Agricultural Lubricants Market Size be During the Forecast Period?

Agricultural Lubricants Market Size

Get the Agricultural Lubricants Market Size Forecast by Downloading the Report Sample

Parent Market Analysis

Technavio categorizes the global agricultural lubricant as a part of the global speciality chemicals market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market during the forecast period.

Agricultural Lubricants Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post-COVID-19 era. The high adoption of agricultural machines is notably driving the market growth, although factors such as may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Agricultural Lubricants Market Driver

  • One of the key factors driving growth in the market is the high adoption of agricultural machines.
  • Farming is labour-intensive and time-consuming. There has been a shift to non-agricultural sectors such as service and manufacturing because of improved and regular wages offered by these sectors.
  • Machines are increasingly used to reduce the human workforce. The extensive use of machines in farming is expected to fuel the consumption of agricultural lubricants.
  • The automatization in the agricultural industry is increasing the demand for agriculture equipment, which, in turn, will drive the growth of the market in focus during the forecast period. 

Key Agricultural Lubricants Market Challenge

  • The volatility in raw material prices will be a major challenge for the market during the forecast period.
  • Agricultural lubricants are mainly produced from crude oil. Fluctuations in crude oil prices severely affect the prices of raw materials, thereby affecting the cost of agricultural lubricants.
  • Adverse weather conditions, national emergencies, natural disasters, supply shortages, and other factors can hamper the continuous supply of raw materials,
  • Price fluctuations and unavailability of raw materials can negatively affect the cost of products and vendor operations, which in turn hampers the growth of the market. 

This market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Agricultural Lubricants Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the agricultural lubricants market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.

Which are the Key Regions for Agricultural Lubricants Market?

Agricultural Lubricants Market Share by Geography

Get a glance at the market share of various regions by Requesting a PDF Sample now!

48% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for agricultural lubricants in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The agriculture sector dominates APAC because of the rapid increase in population and the rise in demand for food. In addition, industrialization and urbanization in the region have reduced hectares of land, which were otherwise available for cultivation. Therefore, there is a high demand for improved agricultural productivity.  This will facilitate market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What is the Fastest-Growing Type Segment in the Agricultural Lubricants Market?

Agricultural Lubricants Market Share

To gain insights on the market contribution of various segments Request a PDF Sample

The market share growth by the Mineral oil-based lubricants segment will be significant during the forecast period. Mineral oil-based lubricants are obtained by refining crude oil. The three types of mineral oil are naphthenic, paraffinic, and aromatic. Factors such as easy availability, low cost of mineral oils, and increased expenditure on R&D are likely to drive the demand for mineral oil-based lubricants. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the market size and actionable market insights on the post-COVID-19 impact on each segment. 

Agricultural Lubricants Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

USD 657.45 million

Market structure


YoY growth (%)


Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 48%

Key countries

China, US, Russian Federation, Canada, and India

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

BP Plc, Chevron Corp., CONDAT group, Exxon Mobil Corp., FUCHS PETROLUB SE, Gulf Oil Lubricants India Ltd., Repsol SA, Royal Dutch Shell Plc, TOTAL SA, and Witham Oil & Paint Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Agricultural Lubricants Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive market growth during the next five years
  • Precise estimation of the market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behaviour
  • The growth of the market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive analysis of factors that will challenge the growth of market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five Forces Summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Mineral oil-based lubricants - Market size and forecast 2020-2025
    • Synthetic-based lubricants - Market size and forecast 2020-2025
    • Bio-based lubricants - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

    • Customer Landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor Landscape
    • Landscape disruption
    • Competitive Scenario

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • BP Plc
    • Chevron Corp.
    • CONDAT group
    • Exxon Mobil Corp.
    • Gulf Oil Lubricants India Ltd.
    • Repsol SA
    • Royal Dutch Shell Plc
    • TOTAL SA
    • Witham Oil & Paint Ltd.


    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts



    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis


    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your sample now!
    Agricultural Lubricants market growth will increase by $609.39 million during 2019-2024.
    The agricultural lubricants market is expected to grow at a CAGR of 4.67% during 2019-2024.
    Technavio has segmented the agricultural lubricants market by type (Mineral oil-based lubricants, Synthetic-based lubricants, and Bio-based lubricants) and geographic (APAC, Europe, North America, and South America).
    BP Plc, Chevron Corp., CONDAT group, Exxon Mobil Corp., FUCHS PETROLUB SE, Gulf Oil Lubricants India Ltd., Repsol SA, Royal Dutch Shell Plc, TOTAL SA, Witham Oil & Paint Ltd. are a few of the key vendors in the agricultural lubricants market.
    APAC will register the highest growth rate of 50.37% among the other regions. Therefore, the agricultural lubricants market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    • China
    • US
    • Russian Federation
    • Canada
    • India
    The key factors driving the agricultural lubricants market growth are:
    • High adoption of agricultural machines
    • Launches of new products
    The agricultural lubricants market vendors should focus on grabbing business opportunities from the mineral oil-based lubricants segment as it accounted for the largest market share in the base year.
    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?
    • Off-the-shelf research reports
    • Reports can be tailored to meet the customer's needs
    • Trusted by more than 100 fortune 500 organizations
    • Information about the market's key drivers, trends, and challenges
    • Parent market analysis
    • Every week, 50,000 people visit our subscription platform
    • Detailed vendors report with competitive landscape
    • Covid-19 impact and recovery analysis
    • Data on revenue-generating market segments
    • Details on the market shares of various regions
    • Five-force market analysis

    Certified ISO 9001 : 2015

    We are ISO recognized

    We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

    We are GDPR and CCPA compliant

    We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

    Safe and Secure SSL Encrypted

    • Single:

      One user only.
      Quick & easy download option

    • Enterprise:

      Unlimited user access (Within your organization)
      Complimentary Customization Included

    2500 USD

    Technavio Get the report (PDF) sent to your email within minutes.

    Subscribe & Save

    Get lifetime access to our
    Technavio Insights

    Customized Report as per your Business Needs

    • Our analysts will work directly with you and understand your needs
    • Get data on specified regions or segments, competitor and Vendors
    • Data will be formatted and presented as per your requirements
    • We offer $1000 worth of FREE customization at the time of purchase

    Let us help you make report more suited to your requirements.

    • Get a competitive breakdown as per your niche industry
    • Customize the data with various metrics that meet your business prerequisite
    • Understand Revenue Sources, Customers and many more
    • Details on Market Share
    • These customizations are done in a short amount of time by our analysts and industry experts
    Enquire Before Buying
    17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>