U.S. Industrial Lubricants Market Size, Share, Trends, & Industry Analysis Report

Market Overview

The U.S. industrial lubricants market size was valued at USD 7.65 billion in 2024, growing at a CAGR of 3.10% during 2025–2034. Growth in the U.S. automotive and aerospace industries, along with focus on sustainability and environmental compliance in industrial operations, is driving demand for advanced industrial lubricants.

Key Insights

• The manufacturing segment dominated the U.S. industrial lubricants market share in 2024, driven by large-scale industrial output, strong demand for machinery maintenance, and rising adoption of high-performance lubricants in production facilities.
• The energy segment is projected to grow at the fastest CAGR during the forecast period, driven by rising renewable investments and demand for durable lubricants in power generation and exploration.

Industry Dynamics

• Expansion of automotive, aerospace, and energy sectors is driving lubricant demand across the U.S.
• Rising focus on sustainability and environmental compliance is increasing the use of bio-based and recyclable lubricants.
• Advancements in synthetic formulations and integration of predictive maintenance systems are creating opportunities for efficiency-driven growth.
• Volatility in crude oil prices and stringent regulatory requirements are restraining cost stability and market expansion.

Market Statistics

• 2024 Market Size: USD 7.65 Billion
• 2034 Projected Market Size: USD 10.37 Billion
• CAGR (2025–2034): 3.10%

The U.S. industrial lubricants industry is driven by growth in manufacturing output, expansion of heavy industries and rising energy production activities. Lubricants, including engine oils, hydraulic fluids, gear oils, metalworking fluids and greases are essential in reducing friction, preventing wear and improving equipment reliability across diverse applications. Manufacturers are developing advanced synthetic formulations, bio-based alternatives and high-performance additives to extend oil life, reduce maintenance costs and improve machine efficiency. Compliance with quality and safety standards under agencies such as the Environmental Protection Agency (EPA) and the American Petroleum Institute (API) is ensuring consistent product adoption across industrial sectors.

Rising demand for efficient and high-quality lubricants is expanding in automotive, aerospace, energy and construction equipment maintenance. Product innovations, such as low-viscosity oils for energy savings, advanced anti-wear additives and environmentally safe lubricants are improving operational performance and reducing downtime in production facilities. Industrial operators are integrating digital monitoring systems and predictive maintenance platforms to optimize lubricant use, enhance equipment health and minimize unplanned outages.

Rapidly growing federal initiatives supporting manufacturing competitiveness and infrastructure investments are strengthening the outlook for industrial lubricants in the U.S. Expansion of industrial clusters along with rising adoption of automation and advanced machinery is driving continuous use of lubricants in production facilities. Focus on sustainability and circular economy practices is promoting the development of energy-efficient, recyclable and bio-based lubricants to meet regulatory and environmental goals. In February 2024, Kraton launched SYLVASOLV, a 100% biobased hydrocarbon oils product line for applications in agrochemicals, adhesives, lubricants and coatings. The first product, SYLVASOLV 1000, is designed for agriculture use in fertilizer coatings and crop protection.

Drivers & Opportunities

Expansion of Automotive, Aerospace and Energy Sectors: The U.S. industrial lubricants market is experiencing strong growth due to the expansion of automotive, aerospace, and energy industries. Automakers are increasing vehicle production and upgrading manufacturing facilities, which drives continuous use of lubricants for engines, transmissions, and component assembly. According to OICA, U.S. automotive production rose from 9.15 million units in 2021 to 10.56 million units in 2024, marking a 15.4% increase during the period. The aerospace sector also requires high-performance oils and greases to enhance efficiency and safety in advanced aircraft systems. In addition, the energy industry depends on specialized fluids for turbines, drilling operations, and power generation equipment. Moreover, rising investments in industrial infrastructure are driving the importance of lubricants in ensuring equipment reliability and reducing operational downtime.

Sustainability focus and regulatory compliance are driving demand for bio-based and recyclable lubricants: The shift toward sustainable operations in the U.S. is significantly influencing lubricant adoption across industries. Companies are under pressure to meet environmental compliance standards, reduce carbon emissions, and minimize waste. Bio-based and recyclable lubricants are increasingly favored as they provide reliable performance while supporting regulatory and corporate sustainability goals. Manufacturers are also focusing on research and innovation to develop advanced eco-friendly formulations with improved efficiency and durability. In addition, industries such as automotive, aerospace, and energy are incorporating these lubricants to meet cleaner production practices. Moreover, focus on circular economy models is accelerating long-term demand for sustainable lubricant solutions.

Segmental Insights

Base Oil Type Analysis

Based on base oil type, the segmentation includes mineral oils, synthetic oils, bio-based oils, and recycled oils. The mineral oils segment dominated the U.S. industrial lubricants market in 2024, fueled by affordability and wide availability. These oils are used across automotive, manufacturing and construction industries for engines, hydraulic systems and machining. Also, the presence of well-established supply chains and proven reliability ensure steady demand for the industrial lubricants across the country. Moreover, small and medium industries prefer mineral oils due to their cost-effectiveness and compatibility with conventional equipment thus leading its position in the market.

The synthetic oils segment is projected to grow at the fastest CAGR during the forecast period, due to their superior performance in demanding applications. These oils offer extended service life, thermal stability and resistance to oxidation. Also, industries such as aerospace and automotive are shifting toward synthetic oils for high-load operations. Moreover, growing adoption of automation and predictive maintenance is accelerating lubricant demand to improve efficiency and reduce downtime.

Application Analysis

Based on application, the segmentation includes metalworking fluids, hydraulic fluids, general industrial lubricants, process oils, and gear oils. The metalworking fluids segment dominated the U.S. industrial lubricants market in 2024, driven by high demand from automotive and aerospace component production. These fluids reduce friction, control heat, and extend tool life in machining and forming operations. Also, growing investments in advanced manufacturing technologies support their adoption. Moreover, continuous growth in industrial clusters is creating steady demand for metalworking fluids, ensuring efficiency, accuracy, and reliability in large-scale manufacturing facilities across the country.

The hydraulic fluids segment is projected to grow at the fastest CAGR during the forecast period, driven by rising use of heavy-duty machinery and robotics. Hydraulic fluids ensure smooth power transmission, protect system components, and enhance operational safety. Also, the expansion of construction and energy projects is boosting consumption of industrial lubricants for heavy machinery, turbines, and power generation equipment. Moreover, manufacturers are offering advanced biodegradable and anti-wear hydraulic formulations to meet sustainability targets while ensuring durability and performance in modern equipment.

End User Analysis

Based on end user, the segmentation includes manufacturing, automotive, aerospace, energy, and construction. The manufacturing segment dominated the U.S. industrial lubricants market in 2024, driven by rising machinery installations and industrial output. Lubricants are essential for reducing downtime, extending service life, and improving equipment reliability in production facilities. Also, rapid adoption of digital and precision manufacturing technologies requires advanced lubrication solutions. Moreover, federal initiatives to strengthen domestic manufacturing are increasing demand for high-performance lubricants, positioning this segment as the largest consumer in the overall market.

The energy segment is projected to grow at the fastest CAGR during the forecast period, fueled by investments in renewable and conventional energy projects. According to the American Clean Power Association, clean power manufacturing currently adds USD 18 billion to the GDP each year and supports 122,000 jobs in the US. By 2030, it is projected to generate USD 86 billion annually and create over 575,000 jobs. Lubricants are vital in turbines, compressors, and drilling equipment to ensure efficiency and reduce maintenance costs. Also, expanding wind and solar capacity is increasing the need for durable lubricants. Moreover, advanced formulations designed to withstand extreme conditions are supporting demand across power generation and exploration activities.

Key Players & Competitive Analysis Report

The U.S. industrial lubricants industry is moderately competitive, driven by rising demand from manufacturing, automotive, aerospace, energy, and construction sectors. Leading companies are focusing on advanced formulations, synthetic and bio-based oils, and strong supply networks to serve diverse industrial applications. Competitive positioning is influenced by innovations in high-performance additives, predictive maintenance solutions, and environmentally compliant products. Manufacturers are improving operational efficiency through digital monitoring platforms, automated blending systems, and optimized distribution channels. Strategic partnerships with OEMs, distributors, and service providers are expanding market reach, while compliance with EPA and API standards supports long-term adoption across critical industries.

Key companies in the U.S. industrial lubricants industry include ExxonMobil Corporation, Chevron Corporation, Royal Dutch Shell plc, BP p.l.c., Phillips 66 Company, Valvoline Inc., TotalEnergies SE, Petro-Canada Lubricants, Fuchs Petrolub SE, AMSOIL Inc., Idemitsu Kosan Co., Ltd., and Quaker Houghton.

Key Players

• AMSOIL Inc.
• BP p.l.c.
• Chevron Corporation
• ExxonMobil Corporation
• Fuchs Petrolub SE
• Idemitsu Kosan Co., Ltd.
• Petro-Canada Lubricants
• Phillips 66 Company
• Quaker Houghton
• Royal Dutch Shell plc
• TotalEnergies SE
• Valvoline Inc.

Industry Developments

June 2025: UE Systems and perma USA introduced the UltraTrak VARIO, a lubrication system equipped with ultrasonic sensors for real-time monitoring and automated maintenance.

April 2024: GP Lubricants entered the U.S. market with a full range of automotive, industrial, marine, and aviation lubricants. The company is expected to strengthen its presence through distributor partnerships and brand-building initiatives, leveraging its global petroleum expertise.

U.S. Industrial Lubricants Market Segmentation

By Base Oil Type Outlook (Revenue, USD Billion, 2020–2034)

• Mineral Oils
• Synthetic Oils
• Bio-Based Oils
• Recycled Oils Source

By Application Outlook (Revenue, USD Billion, 2020–2034)

• Metalworking Fluids
• Hydraulic Fluids
• General Industrial Lubricants
• Process Oils
• Gear Oils

By End User Outlook (Revenue, USD Billion, 2020–2034)

• Manufacturing
• Automotive
• Aerospace
• Energy
• Construction

U.S. Industrial Lubricants Market Report Scope