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Synthetics base stock market

The global finished lubricant market is expected to grow at a rate of roughly 3 percent in volume. The forecasted growth rate for synthetic lubricants, however, is much higher.

2017 – 2021 global lubricant market forecast  

lubricant market forcast

Synthetic lubricant penetration by sector  

synthetic lubricant penetration by sector

Demand for advanced performance

Today’s market demands contribute to growth of synthetic lubricants
synthetic lubricant growth chart

Find out more about energy trends in Outlook for Energy: A View to 2040.

Seize your opportunity

Innovators will meet these demands. We recently interviewed 200+ members of the lubricant industry – formulators, marketers and procurement managers.

Three critical enablers for timely product commercialization emerged: 

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