How big is the Bio lubricants market | Market Size & Growth

Code: MTA4816 Publication Date: Jul 2025

What is the size of the Bio lubricants Market?

According to 6Wresearch internal database and industry insights, the Bio lubricants Market was exhibited at USD 4.1 billion in 2024 and is predicted to be USD 8.3 billion by 2031, growing at a CAGR of 11.2% during the forecast period 2025–2031.

Due to growth factors including the tightening environmental regulations, rising demand for eco-friendly lubricants, and increasing application in automotive, marine, and industrial sectors, the market is expected to expand its landscape.

Key Growth Factors of the Bio lubricants Market

  • Government mandates to reduce petroleum-based lubricant usage
  • Stringent emission and water pollution standards
  • Superior biodegradability and lower toxicity of bio lubricants
  • Growing adoption in marine and forestry equipment applications
  • Expansion of sustainable automotive and industrial manufacturing

Bio lubricants Market Trends

Bio lubricants Market is moving forward with numbers of trends such as growth in vegetable oil and ester-based lubricants due to their high biodegradability and thermal stability. The preference of synthetic esters is increasing for high-performance uses in wind turbines, hydraulic systems, and engine oils. The shift is increasing towards the bio-based greases, chainsaw oils, compressor oils, and gear oils, especially in environmentally sensitive industries like mining and marine. OEM approvals for bio-lubricants are expanding, and corporate ESG goals are driving industrial users to adopt renewable lubricant solutions.

Emerging Developments in the Bio lubricants Market

Developments are occurring in the market include R&D in genetically modified oilseeds (like high-oleic rapeseed) for higher yield and performance-grade lubricant feedstock. The investments of companies are increasing in closed-loop bio lubricant systems for industrial reusability and waste minimization. Biorefineries are expanding capacity for ester- based base oils and partnering with automotive giants for supply chain integration. Europe remains the largest market due to regulations such as EU Ecolabel certification, while Asia-Pacific is witnessing growth in manufacturing and agriculture.

Major Companies in the Bio lubricants Market

  • Fuchs Petrolub SE
  • BP Castrol
  • TotalEnergies SE
  • Shell plc
  • ExxonMobil Corporation
  • PANOLIN AG
  • Renewable Lubricants, Inc.
  • Chevron Corporation
How big is the Bio lubricants market : FAQs
The market exhibited at USD 4.1 billion in 2024 and is predicted to be USD 8.3 billion by 2031.
Adoption in wind turbines, marine equipment, cold-weather applications are shaping market.
Europe leads in adoption due to environmental laws while North America and Asia-Pacific are witnessing strong growth.
Regulatory mandates, increased industrial sustainability goals, and demand for safer, biodegradable alternatives are main drivers.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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