Market Size of united states lubricants Industry
| Icons | Lable | Value |
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Study Period | 2018 - 2026 |
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Market Volume (2024) | 7.08 Billion Liters |
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Market Volume (2026) | 7.30 Billion Liters |
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Largest Share by End User | Automotive |
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CAGR (2024 - 2026) | 1.54 % |
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Fastest Growing by End User | Automotive |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
US Lubricants Market Analysis
The United States Lubricants Market size is estimated at 7.08 Billion Liters in 2024, and is expected to reach 7.30 Billion Liters by 2026, growing at a CAGR of 1.54% during the forecast period (2024-2026).
- Largest Segment by End-user Industry - Automotive : Among all end-user segments, automotive was the largest end user, owing to the high proportion of engine and transmission oil usage in motor vehicles than in any application.
- Fastest Segment by End-user Industry - Automotive : Automotive is expected to be the fastest-growing lubricant end user in the country, owing to expanding passenger and commercial vehicle ownership and recovering travel rates.
- Largest Segment by Product Type - Engine Oils : Engine oil is the most consumed product type, owing to the high volume of engine oil with high replacement frequencies required to lubricate car and truck engines.
- Fastest Segment by Product Type - Engine Oils : Engine oil consumption in the US is likely to grow at a faster rate than other product types due to the rising vehicle activity rates and surge in construction activity.
