Global Biolubricants Market Growth 2023-2029

Biolubricants, also known as bio-based lubricants or bio-lubes, are made from a variety of vegetable oils, such as rapeseed, canola, sunflower, soybean, palm, and coconut oils.

LPI (LP Information)' newest research report, the “Biolubricants Industry Forecast” looks at past sales and reviews total world Biolubricants sales in 2022, providing a comprehensive analysis by region and market sector of projected Biolubricants sales for 2023 through 2029. With Biolubricants sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biolubricants industry.

This Insight Report provides a comprehensive analysis of the global Biolubricants landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biolubricants portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biolubricants market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biolubricants and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biolubricants.

The global Biolubricants market size is projected to grow from US$ 2794.9 million in 2022 to US$ 4121.4 million in 2029; it is expected to grow at a CAGR of 4121.4 from 2023 to 2029.

Global Biolubricants key players include Exxon Mobil, Shell, British Petroleum., TOTAL, Chevron, etc. Global top five manufacturers hold a share about 55%.

North America is the largest market, with a share over 40%, followed by Europe, and Asia (Ex. China), both have a share about 50 percent. 
In terms of product, Vegetable Oil is the largest segment, with a share over 80%. And in terms of application, the largest application is Industrial Use, followed by Consumer Automobile, Commercial Transport.

This report presents a comprehensive overview, market shares, and growth opportunities of Biolubricants market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Vegetable Oil
    Animal Oil

Segmentation by application
    Industrial Use
    Commercial Transport
    Consumer Automobile

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Exxon Mobil
    Shell
    British Petroleum.
    TOTAL
    Chevron
    Renewable Lubricants
    Panolin
    UBL
    Statoil Lubricants
    Binol Biolubricants

Key Questions Addressed in this Report
What is the 10-year outlook for the global Biolubricants market?
What factors are driving Biolubricants market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biolubricants market opportunities vary by end market size?
How does Biolubricants break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Biolubricants Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Biolubricants Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Vegetable Oil
    Table 4. Major Players of Animal Oil
    Table 5. Global Biolubricants Sales by Type (2018-2023) & (MT)
    Table 6. Global Biolubricants Sales Market Share by Type (2018-2023)
    Table 7. Global Biolubricants Revenue by Type (2018-2023) & ($ million)
    Table 8. Global Biolubricants Revenue Market Share by Type (2018-2023)
    Table 9. Global Biolubricants Sale Price by Type (2018-2023) & (USD/MT)
    Table 10. Global Biolubricants Sales by Application (2018-2023) & (MT)
    Table 11. Global Biolubricants Sales Market Share by Application (2018-2023)
    Table 12. Global Biolubricants Revenue by Application (2018-2023)
    Table 13. Global Biolubricants Revenue Market Share by Application (2018-2023)
    Table 14. Global Biolubricants Sale Price by Application (2018-2023) & (USD/MT)
    Table 15. Global Biolubricants Sales by Company (2018-2023) & (MT)
    Table 16. Global Biolubricants Sales Market Share by Company (2018-2023)
    Table 17. Global Biolubricants Revenue by Company (2018-2023) ($ Millions)
    Table 18. Global Biolubricants Revenue Market Share by Company (2018-2023)
    Table 19. Global Biolubricants Sale Price by Company (2018-2023) & (USD/MT)
    Table 20. Key Manufacturers Biolubricants Producing Area Distribution and Sales Area
    Table 21. Players Biolubricants Products Offered
    Table 22. Biolubricants Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 23. New Products and Potential Entrants
    Table 24. Mergers & Acquisitions, Expansion
    Table 25. Global Biolubricants Sales by Geographic Region (2018-2023) & (MT)
    Table 26. Global Biolubricants Sales Market Share Geographic Region (2018-2023)
    Table 27. Global Biolubricants Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 28. Global Biolubricants Revenue Market Share by Geographic Region (2018-2023)
    Table 29. Global Biolubricants Sales by Country/Region (2018-2023) & (MT)
    Table 30. Global Biolubricants Sales Market Share by Country/Region (2018-2023)
    Table 31. Global Biolubricants Revenue by Country/Region (2018-2023) & ($ millions)
    Table 32. Global Biolubricants Revenue Market Share by Country/Region (2018-2023)
    Table 33. Americas Biolubricants Sales by Country (2018-2023) & (MT)
    Table 34. Americas Biolubricants Sales Market Share by Country (2018-2023)
    Table 35. Americas Biolubricants Revenue by Country (2018-2023) & ($ Millions)
    Table 36. Americas Biolubricants Revenue Market Share by Country (2018-2023)
    Table 37. Americas Biolubricants Sales by Type (2018-2023) & (MT)
    Table 38. Americas Biolubricants Sales by Application (2018-2023) & (MT)
    Table 39. APAC Biolubricants Sales by Region (2018-2023) & (MT)
    Table 40. APAC Biolubricants Sales Market Share by Region (2018-2023)
    Table 41. APAC Biolubricants Revenue by Region (2018-2023) & ($ Millions)
    Table 42. APAC Biolubricants Revenue Market Share by Region (2018-2023)
    Table 43. APAC Biolubricants Sales by Type (2018-2023) & (MT)
    Table 44. APAC Biolubricants Sales by Application (2018-2023) & (MT)
    Table 45. Europe Biolubricants Sales by Country (2018-2023) & (MT)
    Table 46. Europe Biolubricants Sales Market Share by Country (2018-2023)
    Table 47. Europe Biolubricants Revenue by Country (2018-2023) & ($ Millions)
    Table 48. Europe Biolubricants Revenue Market Share by Country (2018-2023)
    Table 49. Europe Biolubricants Sales by Type (2018-2023) & (MT)
    Table 50. Europe Biolubricants Sales by Application (2018-2023) & (MT)
    Table 51. Middle East & Africa Biolubricants Sales by Country (2018-2023) & (MT)
    Table 52. Middle East & Africa Biolubricants Sales Market Share by Country (2018-2023)
    Table 53. Middle East & Africa Biolubricants Revenue by Country (2018-2023) & ($ Millions)
    Table 54. Middle East & Africa Biolubricants Revenue Market Share by Country (2018-2023)
    Table 55. Middle East & Africa Biolubricants Sales by Type (2018-2023) & (MT)
    Table 56. Middle East & Africa Biolubricants Sales by Application (2018-2023) & (MT)
    Table 57. Key Market Drivers & Growth Opportunities of Biolubricants
    Table 58. Key Market Challenges & Risks of Biolubricants
    Table 59. Key Industry Trends of Biolubricants
    Table 60. Biolubricants Raw Material
    Table 61. Key Suppliers of Raw Materials
    Table 62. Biolubricants Distributors List
    Table 63. Biolubricants Customer List
    Table 64. Global Biolubricants Sales Forecast by Region (2024-2029) & (MT)
    Table 65. Global Biolubricants Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 66. Americas Biolubricants Sales Forecast by Country (2024-2029) & (MT)
    Table 67. Americas Biolubricants Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 68. APAC Biolubricants Sales Forecast by Region (2024-2029) & (MT)
    Table 69. APAC Biolubricants Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 70. Europe Biolubricants Sales Forecast by Country (2024-2029) & (MT)
    Table 71. Europe Biolubricants Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 72. Middle East & Africa Biolubricants Sales Forecast by Country (2024-2029) & (MT)
    Table 73. Middle East & Africa Biolubricants Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Global Biolubricants Sales Forecast by Type (2024-2029) & (MT)
    Table 75. Global Biolubricants Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 76. Global Biolubricants Sales Forecast by Application (2024-2029) & (MT)
    Table 77. Global Biolubricants Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 78. Exxon Mobil Basic Information, Biolubricants Manufacturing Base, Sales Area and Its Competitors
    Table 79. Exxon Mobil Biolubricants Product Portfolios and Specifications
    Table 80. Exxon Mobil Biolubricants Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 81. Exxon Mobil Main Business
    Table 82. Exxon Mobil Latest Developments
    Table 83. Shell Basic Information, Biolubricants Manufacturing Base, Sales Area and Its Competitors
    Table 84. Shell Biolubricants Product Portfolios and Specifications
    Table 85. Shell Biolubricants Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 86. Shell Main Business
    Table 87. Shell Latest Developments
    Table 88. British Petroleum. Basic Information, Biolubricants Manufacturing Base, Sales Area and Its Competitors
    Table 89. British Petroleum. Biolubricants Product Portfolios and Specifications
    Table 90. British Petroleum. Biolubricants Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 91. British Petroleum. Main Business
    Table 92. British Petroleum. Latest Developments
    Table 93. TOTAL Basic Information, Biolubricants Manufacturing Base, Sales Area and Its Competitors
    Table 94. TOTAL Biolubricants Product Portfolios and Specifications
    Table 95. TOTAL Biolubricants Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 96. TOTAL Main Business
    Table 97. TOTAL Latest Developments
    Table 98. Chevron Basic Information, Biolubricants Manufacturing Base, Sales Area and Its Competitors
    Table 99. Chevron Biolubricants Product Portfolios and Specifications
    Table 100. Chevron Biolubricants Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 101. Chevron Main Business
    Table 102. Chevron Latest Developments
    Table 103. Renewable Lubricants Basic Information, Biolubricants Manufacturing Base, Sales Area and Its Competitors
    Table 104. Renewable Lubricants Biolubricants Product Portfolios and Specifications
    Table 105. Renewable Lubricants Biolubricants Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 106. Renewable Lubricants Main Business
    Table 107. Renewable Lubricants Latest Developments
    Table 108. Panolin Basic Information, Biolubricants Manufacturing Base, Sales Area and Its Competitors
    Table 109. Panolin Biolubricants Product Portfolios and Specifications
    Table 110. Panolin Biolubricants Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 111. Panolin Main Business
    Table 112. Panolin Latest Developments
    Table 113. UBL Basic Information, Biolubricants Manufacturing Base, Sales Area and Its Competitors
    Table 114. UBL Biolubricants Product Portfolios and Specifications
    Table 115. UBL Biolubricants Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 116. UBL Main Business
    Table 117. UBL Latest Developments
    Table 118. Statoil Lubricants Basic Information, Biolubricants Manufacturing Base, Sales Area and Its Competitors
    Table 119. Statoil Lubricants Biolubricants Product Portfolios and Specifications
    Table 120. Statoil Lubricants Biolubricants Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 121. Statoil Lubricants Main Business
    Table 122. Statoil Lubricants Latest Developments
    Table 123. Binol Biolubricants Basic Information, Biolubricants Manufacturing Base, Sales Area and Its Competitors
    Table 124. Binol Biolubricants Biolubricants Product Portfolios and Specifications
    Table 125. Binol Biolubricants Biolubricants Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 126. Binol Biolubricants Main Business
    Table 127. Binol Biolubricants Latest Developments
List of Figures
    Figure 1. Picture of Biolubricants
    Figure 2. Biolubricants Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Biolubricants Sales Growth Rate 2018-2029 (MT)
    Figure 7. Global Biolubricants Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Biolubricants Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Vegetable Oil
    Figure 10. Product Picture of Animal Oil
    Figure 11. Global Biolubricants Sales Market Share by Type in 2022
    Figure 12. Global Biolubricants Revenue Market Share by Type (2018-2023)
    Figure 13. Biolubricants Consumed in Industrial Use
    Figure 14. Global Biolubricants Market: Industrial Use (2018-2023) & (MT)
    Figure 15. Biolubricants Consumed in Commercial Transport
    Figure 16. Global Biolubricants Market: Commercial Transport (2018-2023) & (MT)
    Figure 17. Biolubricants Consumed in Consumer Automobile
    Figure 18. Global Biolubricants Market: Consumer Automobile (2018-2023) & (MT)
    Figure 19. Global Biolubricants Sales Market Share by Application (2022)
    Figure 20. Global Biolubricants Revenue Market Share by Application in 2022
    Figure 21. Biolubricants Sales Market by Company in 2022 (MT)
    Figure 22. Global Biolubricants Sales Market Share by Company in 2022
    Figure 23. Biolubricants Revenue Market by Company in 2022 ($ Million)
    Figure 24. Global Biolubricants Revenue Market Share by Company in 2022
    Figure 25. Global Biolubricants Sales Market Share by Geographic Region (2018-2023)
    Figure 26. Global Biolubricants Revenue Market Share by Geographic Region in 2022
    Figure 27. Americas Biolubricants Sales 2018-2023 (MT)
    Figure 28. Americas Biolubricants Revenue 2018-2023 ($ Millions)
    Figure 29. APAC Biolubricants Sales 2018-2023 (MT)
    Figure 30. APAC Biolubricants Revenue 2018-2023 ($ Millions)
    Figure 31. Europe Biolubricants Sales 2018-2023 (MT)
    Figure 32. Europe Biolubricants Revenue 2018-2023 ($ Millions)
    Figure 33. Middle East & Africa Biolubricants Sales 2018-2023 (MT)
    Figure 34. Middle East & Africa Biolubricants Revenue 2018-2023 ($ Millions)
    Figure 35. Americas Biolubricants Sales Market Share by Country in 2022
    Figure 36. Americas Biolubricants Revenue Market Share by Country in 2022
    Figure 37. Americas Biolubricants Sales Market Share by Type (2018-2023)
    Figure 38. Americas Biolubricants Sales Market Share by Application (2018-2023)
    Figure 39. United States Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 40. Canada Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 41. Mexico Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 42. Brazil Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 43. APAC Biolubricants Sales Market Share by Region in 2022
    Figure 44. APAC Biolubricants Revenue Market Share by Regions in 2022
    Figure 45. APAC Biolubricants Sales Market Share by Type (2018-2023)
    Figure 46. APAC Biolubricants Sales Market Share by Application (2018-2023)
    Figure 47. China Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 48. Japan Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 49. South Korea Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 50. Southeast Asia Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 51. India Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 52. Australia Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 53. China Taiwan Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 54. Europe Biolubricants Sales Market Share by Country in 2022
    Figure 55. Europe Biolubricants Revenue Market Share by Country in 2022
    Figure 56. Europe Biolubricants Sales Market Share by Type (2018-2023)
    Figure 57. Europe Biolubricants Sales Market Share by Application (2018-2023)
    Figure 58. Germany Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 59. France Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 60. UK Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 61. Italy Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 62. Russia Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 63. Middle East & Africa Biolubricants Sales Market Share by Country in 2022
    Figure 64. Middle East & Africa Biolubricants Revenue Market Share by Country in 2022
    Figure 65. Middle East & Africa Biolubricants Sales Market Share by Type (2018-2023)
    Figure 66. Middle East & Africa Biolubricants Sales Market Share by Application (2018-2023)
    Figure 67. Egypt Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 68. South Africa Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 69. Israel Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 70. Turkey Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 71. GCC Country Biolubricants Revenue Growth 2018-2023 ($ Millions)
    Figure 72. Manufacturing Cost Structure Analysis of Biolubricants in 2022
    Figure 73. Manufacturing Process Analysis of Biolubricants
    Figure 74. Industry Chain Structure of Biolubricants
    Figure 75. Channels of Distribution
    Figure 76. Global Biolubricants Sales Market Forecast by Region (2024-2029)
    Figure 77. Global Biolubricants Revenue Market Share Forecast by Region (2024-2029)
    Figure 78. Global Biolubricants Sales Market Share Forecast by Type (2024-2029)
    Figure 79. Global Biolubricants Revenue Market Share Forecast by Type (2024-2029)
    Figure 80. Global Biolubricants Sales Market Share Forecast by Application (2024-2029)
    Figure 81. Global Biolubricants Revenue Market Share Forecast by Application (2024-2029)

Exxon Mobil
Shell
British Petroleum.
TOTAL
Chevron
Renewable Lubricants
Panolin
UBL
Statoil Lubricants
Binol Biolubricants

LP Information 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 Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  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

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

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape