North America Industrial Lubricants Market (2026-2032) | Trends, Share, Outlook, Growth, Analysis, Companies, Revenue, Size, Value, Forecast & Industry

Market Forecast by Countries (United States, Canada), By Base oil (Mineral Oil, Synthetic Oil, Bio-based Oil), By Product Type (Hydraulic Fluid, Metalworking Fluid), By End Use Industry (Construction, Metal & Mining, Power Generation, Food Processing) And Competitive Landscape

Product Code: ETC4622376 Publication Date: Jul 2023 Updated Date: Dec 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

North America Industrial Lubricants Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the North America Industrial Lubricants Market was valued at USD 7.5 billion in 2025 and is projected to reach USD 12.3 billion by 2032, indicating a compound annual growth rate (CAGR) of 7.3% during the forecast period (2026–2032).

Five-Year Growth Trajectory of the North America Industrial Lubricants Market with Core Drivers

Below mentioned are the evaluation of year-wise growth rate along with key drivers:

Years Est. Annual Growth (%) Growth Drivers
2021 2.4 A surge in the demand for high-performance lubricants in the automotive and manufacturing sectors.
2022 3.1 Increasing industrial activities and demand for sustainable solutions in the metalworking and construction industries.
2023 4 Strong demand for synthetic lubricants in the energy and power generation industries.
2024 5.3 A rise in the focus on reducing environmental impact and improving operational efficiency.
2025 6 Enhanced use of bio-based oils driven by environmental concerns.

Topics Covered in the North America Industrial Lubricants Market Report

The North America Industrial Lubricants Market report thoroughly covers the market by By Base Oil, By Product Type, By End-Use Industry, and By Countries. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.

North America Industrial Lubricants Market Highlights

Report Name North America Industrial Lubricants Market
Forecast Period 2026-2032
Market Size USD 12.3 billion by 2032
CAGR 7.3%
Growing Sector Manufacturing

North America Industrial Lubricants Market Synopsis

The North America Industrial Lubricants Market growth has been proliferating over the years, driven by a rise in the demand for efficient, high-performance lubricants across various industrial sectors, which include automotive, construction, metal & mining, and food processing. As industries focus on improving productivity and meeting stricter environmental standards, the demand for synthetic oils, bio-based oils, and high-quality lubricants is on the rise.

Evaluation of Growth Drivers in the North America Industrial Lubricants Market

Below mentioned are some prominent drivers and their influence to the market dynamics:

Drivers Primary Segments Affected Why it matters (evidence)
Industrialization Mineral Oil, Synthetic Oil; Construction, Manufacturing Expansion in the construction and manufacturing sectors drives the need for high-performance lubricants.
Energy and Power Generation Growth Bio-based Oil, Hydraulic Fluid; Power Generation, Mining Increased demand for lubrication solutions in power generation and energy sectors.
Focus on Sustainability Bio-based Oil, Synthetic Oil; Food Processing, Automotive The demand for bio-based and eco-friendly lubricants has increased with the rising environmental concerns.
Technological Advancements Synthetic Oil, Hydraulic Fluid; Manufacturing, Automotive The development of advanced lubricants for high-temperature operations and energy efficiency in machinery.
Government Regulations All Base Oils; Manufacturing, Power Generation Stringent regulations regarding emissions encourage the adoption of high-quality lubricants.

The North America Industrial Lubricants Market size is projected to grow at a CAGR of 7.3% during the forecast period (2026–2032). Technological advancements in lubricant formulations and a focus on sustainable solutions are estimated to propel the market growth. Along with that, the rising expansion of industrial activities is considered another significant factor for the market growth. Another major driver boosting the demand for industrial lubricants is a rise in the need for efficient and long-lasting lubrication solutions to optimize machinery performance and reduce maintenance costs. The North America Industrial Lubricants Market share is estimated to increase in the coming years due to a rise in the demand for specialized lubricants. Coupled with strict environmental regulations that are pushing industries towards the adoption of eco-friendly and bio-based lubricants, are another major factor.

Evaluation of Restraints in the North America Industrial Lubricants Market

Below mentioned are some major restraints and their influence to the market dynamics:

Restraints Primary Segments Affected What this means (evidence)
High Cost of Synthetic Lubricants Synthetic Oil; Automotive, Manufacturing The high cost of synthetic oils compared to mineral oils may hinder adoption, especially for smaller manufacturing units.
Environmental Concerns Bio-based Oil; Food Processing, Automotive Bio-based lubricants face challenges related to higher production costs and limited supply chain infrastructure.
Competition from Substitutes Mineral Oil; Automotive, Manufacturing The availability of alternative, lower-cost lubricants may restrict growth, particularly in price-sensitive industries.
Regulatory Compliance Issues All Base Oils; Manufacturing, Power Generation Frequent changes in government regulations regarding lubricant formulations.
Raw Material Supply Chain Issues All Base Oils; Manufacturing, Automotive Supply chain disruptions, particularly for the raw materials used in lubricants like base oils and additives.

North America Industrial Lubricants Market Challenges

On the other side, the market comprises numerous challenges that need to be addressed. These challenges include the high cost of synthetic oils and the ongoing competition from lower-cost alternatives. The market growth can be hampered due to frequent changes in environmental regulations, coupled with this, supply chain issues related to raw material availability. Bio-based lubricants, despite being eco-friendly, face challenges related to production scalability and cost-efficiency.

North America Industrial Lubricants Market Trends

Several prominent trends reshaping the market growth include:

  • Sustainability Focus – Growing interest in bio-based lubricants and eco-friendly solutions in response to stricter environmental regulations and corporate sustainability goals.
  • Advanced Lubricants – Rising demand for synthetic lubricants with superior performance, including high-temperature stability, energy efficiency, and longer-lasting properties.
  • IoT-Enabled Lubrication Systems – Integration of IoT and smart technologies in lubrication systems to improve performance monitoring and reduce maintenance costs.
  • Increasing Usage in Emerging Industries – Expansion of industrial sectors such as mining, construction, and power generation drives demand for more specialized and high-performance lubricants.

Investment Opportunities in the North America Industrial Lubricants Industry

Some prominent investment opportunities in the market include:

  • Development of Bio-based and Sustainable Lubricants – Investment in research and development to create cost-effective and sustainable bio-based lubricants to meet the growing demand for eco-friendly solutions.
  • Smart Lubrication Systems – Development of IoT-integrated lubrication solutions that offer real-time monitoring, predictive maintenance, and reduced operational costs.
  • High-Performance Synthetic Oils – Investing in high-performance synthetic lubricants for industries requiring extreme operating conditions, such as aerospace, automotive, and power generation.

Top 5 Leading Players in the North America Industrial Lubricants Market

Some leading players operating in the market include:

1. ExxonMobil Corporation

Company Name ExxonMobil Corporation
Established Year 1870
Headquarters Irving, Texas, USA
Official Website Click Here

ExxonMobil is a global leader in the industrial lubricants market, offering a wide range of high-performance lubricants for sectors including automotive, manufacturing, and power generation.

2. Chevron Corporation

Company Name Chevron Corporation
Established Year 1879
Headquarters San Ramon, California, USA
Official Website Click Here

Chevron produces high-quality lubricants, including synthetic and mineral oils, for various industrial applications, from automotive to heavy-duty machinery.

3. Royal Dutch Shell

Company Name Royal Dutch Shell
Established Year 1907
Headquarters The Hague, Netherlands
Official Website Click Here

Shell is a key player in the North American industrial lubricants market, providing both synthetic and mineral oil-based lubricants for diverse industrial sectors.

4. BP plc

Company Name BP plc
Established Year 1908
Headquarters London, United Kingdom
Official Website Click Here

BP is a prominent provider of industrial lubricants, offering solutions for industrial manufacturing, automotive, and energy sectors with a focus on sustainability and performance.

5. TotalEnergies SE

Company Name TotalEnergies SE
Established Year 1924
Headquarters Courbevoie, France
Official Website Click Here

TotalEnergies offers a wide range of lubricants for industrial and commercial sectors, emphasizing innovation in synthetic oils and sustainable solutions.

Government Regulations Introduced in the North America Industrial Lubricants Market

The adoption of advanced lubricants and eco-friendly solutions is being driven by the government regulations. One of these is the U.S. Environmental Protection Agency (EPA), which enforces guidelines for emissions and waste management across sectors, which encourage the use of high-efficiency lubricants to reduce environmental impact. Canada offers incentives for sustainable industrial practices, which enable the government to support the development of bio-based lubricants.

Future Insights of the North America Industrial Lubricants Market

The future of the North America Industrial Lubricants Market seems optimistic owing to various factors. Factors such as increased industrial activities and technological advancements in lubrication systems contribute to this optimism. In addition to this, government initiatives are aimed at promoting sustainable practices. With the growing expansion of industries across the region, the demand for higher-performance lubricants for energy efficiency and environmental compliance will also continue to rise, which will further boost the market expansion.

Market Segmentation Analysis

The report offers a comprehensive study of the following market segments and their leading categories.

Synthetic Oil to Dominate the Market – By Base Oil

According to Mansi Ahuja, Senior Research Analyst at 6Wresearch, the Synthetic Oil category holds the largest market share in the North American Industrial Lubricants Market. This is driven by the growing demand for high-performance lubricants in industries requiring specialized performance and long operational life.

Hydraulic Fluid to Dominate the Market – By Product Type

The Hydraulic Fluid segment dominates the market, primarily driven by the widespread use of hydraulic systems in manufacturing, automotive, and construction industries. Hydraulic fluids are essential for the smooth functioning of heavy machinery and industrial operations.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2022 to 2025.
  • Base Year: 2025.
  • Forecast Data until 2032.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • North America Industrial Lubricants Market Outlook
  • Market Size of North America Industrial Lubricants Market, 2025
  • Forecast of North America Industrial Lubricants Market, 2032
  • Historical Data and Forecast of North America Industrial Lubricants Revenues & Volume for the Period 2022 - 2032
  • North America Industrial Lubricants Market Trend Evolution
  • North America Industrial Lubricants Market Drivers and Challenges
  • North America Industrial Lubricants Price Trends
  • North America Industrial Lubricants Porter's Five Forces
  • North America Industrial Lubricants Industry Life Cycle
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By Base oil for the Period 2022 - 2032
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By Mineral Oil for the Period 2022 - 2032
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By Synthetic Oil for the Period 2022 - 2032
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By Bio-based Oil for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By Base oil for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By Mineral Oil for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By Synthetic Oil for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By Bio-based Oil for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By Base oil for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By Mineral Oil for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By Synthetic Oil for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By Bio-based Oil for the Period 2022 - 2032
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By Product Type for the Period 2022 - 2032
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By Hydraulic Fluid for the Period 2022 - 2032
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By Metalworking Fluid for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By Product Type for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By Hydraulic Fluid for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By Metalworking Fluid for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By Product Type for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By Hydraulic Fluid for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By Metalworking Fluid for the Period 2022 - 2032
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By End Use Industry for the Period 2022 - 2032
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By Construction for the Period 2022 - 2032
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By Metal & Mining for the Period 2022 - 2032
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By Power Generation for the Period 2022 - 2032
  • Historical Data and Forecast of North America Industrial Lubricants Market Revenues & Volume By Food Processing for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By End Use Industry for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By Construction for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By Metal & Mining for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By Power Generation for the Period 2022 - 2032
  • Historical Data and Forecast of United States Industrial Lubricants Market Revenues & Volume By Food Processing for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By End Use Industry for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By Construction for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By Metal & Mining for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By Power Generation for the Period 2022 - 2032
  • Historical Data and Forecast of Canada Industrial Lubricants Market Revenues & Volume By Food Processing for the Period 2022 - 2032
  • North America Industrial Lubricants Market - Key Performance Indicators
  • North America Industrial Lubricants Market - Import Export Trade Statistics
  • North America Industrial Lubricants Market - Opportunity Assessment By Countries
  • North America Industrial Lubricants Market - Opportunity Assessment By Base oil
  • North America Industrial Lubricants Market - Opportunity Assessment By Product Type
  • North America Industrial Lubricants Market - Opportunity Assessment By End Use Industry
  • North America Industrial Lubricants Market - Top Companies Market Share
  • North America Industrial Lubricants Market - Top Companies Profiles
  • North America Industrial Lubricants Market - Comparison of Players in Technical and Operating Parameters
  • North America Industrial Lubricants Market - Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Countries

  • United States
  • Canada

By Base Oil

  • Mineral Oil
  • Synthetic Oil
  • Bio-Based Oil

By Product Type

  • Hydraulic Fluid
  • Metalworking Fluid
  • Others

By End-Use Industry

  • Construction
  • Metal & Mining
  • Power Generation
  • Food Processing
  • Others

North America Industrial Lubricants Market (2026-2032) : FAQs

The North America Industrial Lubricants Market is projected to grow at a CAGR of approximately 7.3% during the forecast period.
The North America Industrial Lubricants Market was valued at USD 7.5 billion in 2025 and is expected to reach around USD 12.3 billion by 2032.
The Synthetic Oil category dominates the market, driven by its high performance in industries requiring extreme conditions and long lubrication intervals.
Growth drivers include industrial expansion, technological advancements, and a focus on sustainability and energy efficiency.
6Wresearch actively monitors the North America Industrial Lubricants Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the North America Industrial Lubricants Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 North America Industrial Lubricants Market Overview
3.1 North America Regional Macro Economic Indicators
3.2 North America Industrial Lubricants Market Revenues & Volume, 2022 & 2032F
3.3 North America Industrial Lubricants Market - Industry Life Cycle
3.4 North America Industrial Lubricants Market - Porter's Five Forces
3.5 North America Industrial Lubricants Market Revenues & Volume Share, By Countries, 2022 & 2032F
3.6 North America Industrial Lubricants Market Revenues & Volume Share, By Base oil, 2022 & 2032F
3.7 North America Industrial Lubricants Market Revenues & Volume Share, By Product Type, 2022 & 2032F
3.8 North America Industrial Lubricants Market Revenues & Volume Share, By End Use Industry, 2022 & 2032F
4 North America Industrial Lubricants Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 North America Industrial Lubricants Market Trends
6 North America Industrial Lubricants Market, 2022-2032
6.1 North America Industrial Lubricants Market, Revenues & Volume, By Base oil, 2022-2032
6.2 North America Industrial Lubricants Market, Revenues & Volume, By Product Type, 2022-2032
6.3 North America Industrial Lubricants Market, Revenues & Volume, By End Use Industry, 2022-2032
7 United States Industrial Lubricants Market, 2022-2032
7.1 United States Industrial Lubricants Market, Revenues & Volume, By Base oil, 2022-2032
7.2 United States Industrial Lubricants Market, Revenues & Volume, By Product Type, 2022-2032
7.3 United States Industrial Lubricants Market, Revenues & Volume, By End Use Industry, 2022-2032
8 Canada Industrial Lubricants Market, 2022-2032
8.1 Canada Industrial Lubricants Market, Revenues & Volume, By Base oil, 2022-2032
8.2 Canada Industrial Lubricants Market, Revenues & Volume, By Product Type, 2022-2032
8.3 Canada Industrial Lubricants Market, Revenues & Volume, By End Use Industry, 2022-2032
9 North America Industrial Lubricants Market Key Performance Indicators
10 North America Industrial Lubricants Market - Opportunity Assessment
10.1 North America Industrial Lubricants Market Opportunity Assessment, By Countries, 2022 & 2032F
10.2 North America Industrial Lubricants Market Opportunity Assessment, By Base oil, 2022 & 2032F
10.3 North America Industrial Lubricants Market Opportunity Assessment, By Product Type, 2022 & 2032F
10.4 North America Industrial Lubricants Market Opportunity Assessment, By End Use Industry, 2022 & 2032F
11 North America Industrial Lubricants Market - Competitive Landscape
11.1 North America Industrial Lubricants Market Revenue Share, By Companies, 2022-2032
11.2 North America Industrial Lubricants Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer
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