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Aerospace Lubricants-Global Market Insights and Sales Trends 2024
Synopsis
Aerospace lubricants are used to reduce the friction between the components of aerospace that are in direct contact in order to prevent wear and tear. Other purposes of aerospace lubricants include cooling of parts, providing anti-corrosion and rust-free properties, sealing in the gaps, etc. Lubricants are responsible for the smooth running of parts and components, which further results in better fuel economy and engine efficiency. Aerospace lubricants are prepared to withstand extreme pressure and temperature. These lubricants are used in various aerospace parts, such as auxiliary drive spine shaft, fan motor, control valves, bearings, seals, liquid fuelled turbines, reduction gears and wing flap actuators, among others. Aerospace lubricants are also used in space suits to seal the valves and connectors of the oxygen breathing system. Deep space flights use a special type of aerospace lubricant, which demands high reliability and long duration of lubrication for critical parts in order to operate smoothly without creating any disturbances during the exposure to high temperature or vacuum.
The global Aerospace Lubricants market size is expected to reach US$ 1047840 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of Aerospace Lubricants in various end use industries. The expanding demands from the Civil Aviation, Defense and Space,, are propelling Aerospace Lubricants market. Gas Turbine Oil, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Piston Engine Oil segment is estimated at % CAGR for the next seven-year period.
The demand to improve fuel economy and better efficiency with the fulfilment of fuel emission norms is driving the growth of the global aerospace lubricants market. The growing air passenger traffic due to reduced airfares has led to an increase in the number of aircrafts, which resulted in the development of the aerospace lubricant market to a significant extent. In spacecraft or rockets, with the usage of high-quality aerospace lubricant, the maintenance requirement is reduced which seems to be very helpful when long life is critical for the success of the mission. Hence, the global demand for quality-based aerospace lubricants is rising at a good pace.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Aerospace Lubricants, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Aerospace Lubricants market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Aerospace Lubricants market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aerospace Lubricants sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Aerospace Lubricants covered in this report include Castrol, Shell, Quaker Chemical Corporation, Fuchs Group, British Petroleum, Petrobras, Chevron Corporation, Exxon Mobil and DuPont, etc.
The global Aerospace Lubricants market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Castrol
Shell
Quaker Chemical Corporation
Fuchs Group
British Petroleum
Petrobras
Chevron Corporation
Exxon Mobil
DuPont
Sinopec
Global Aerospace Lubricants market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Aerospace Lubricants market, Segment by Type:
Gas Turbine Oil
Piston Engine Oil
Grease
Others
Global Aerospace Lubricants market, by Application
Civil Aviation
Defense
Space
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Aerospace Lubricants manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Aerospace Lubricants in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Aerospace lubricants are used to reduce the friction between the components of aerospace that are in direct contact in order to prevent wear and tear. Other purposes of aerospace lubricants include cooling of parts, providing anti-corrosion and rust-free properties, sealing in the gaps, etc. Lubricants are responsible for the smooth running of parts and components, which further results in better fuel economy and engine efficiency. Aerospace lubricants are prepared to withstand extreme pressure and temperature. These lubricants are used in various aerospace parts, such as auxiliary drive spine shaft, fan motor, control valves, bearings, seals, liquid fuelled turbines, reduction gears and wing flap actuators, among others. Aerospace lubricants are also used in space suits to seal the valves and connectors of the oxygen breathing system. Deep space flights use a special type of aerospace lubricant, which demands high reliability and long duration of lubrication for critical parts in order to operate smoothly without creating any disturbances during the exposure to high temperature or vacuum.
The global Aerospace Lubricants market size is expected to reach US$ 1047840 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of Aerospace Lubricants in various end use industries. The expanding demands from the Civil Aviation, Defense and Space,, are propelling Aerospace Lubricants market. Gas Turbine Oil, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Piston Engine Oil segment is estimated at % CAGR for the next seven-year period.
The demand to improve fuel economy and better efficiency with the fulfilment of fuel emission norms is driving the growth of the global aerospace lubricants market. The growing air passenger traffic due to reduced airfares has led to an increase in the number of aircrafts, which resulted in the development of the aerospace lubricant market to a significant extent. In spacecraft or rockets, with the usage of high-quality aerospace lubricant, the maintenance requirement is reduced which seems to be very helpful when long life is critical for the success of the mission. Hence, the global demand for quality-based aerospace lubricants is rising at a good pace.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Aerospace Lubricants, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Aerospace Lubricants market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Aerospace Lubricants market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aerospace Lubricants sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Aerospace Lubricants covered in this report include Castrol, Shell, Quaker Chemical Corporation, Fuchs Group, British Petroleum, Petrobras, Chevron Corporation, Exxon Mobil and DuPont, etc.
The global Aerospace Lubricants market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Castrol
Shell
Quaker Chemical Corporation
Fuchs Group
British Petroleum
Petrobras
Chevron Corporation
Exxon Mobil
DuPont
Sinopec
Global Aerospace Lubricants market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Aerospace Lubricants market, Segment by Type:
Gas Turbine Oil
Piston Engine Oil
Grease
Others
Global Aerospace Lubricants market, by Application
Civil Aviation
Defense
Space
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Aerospace Lubricants manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Aerospace Lubricants in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Aerospace Lubricants Market Overview
1.1 Aerospace Lubricants Product Overview
1.2 Aerospace Lubricants Market Segment by Type
1.2.1 Gas Turbine Oil
1.2.2 Piston Engine Oil
1.2.3 Grease
1.2.4 Others
1.3 Global Aerospace Lubricants Market Size by Type
1.3.1 Global Aerospace Lubricants Market Size Overview by Type (2018-2029)
1.3.2 Global Aerospace Lubricants Historic Market Size Review by Type (2018-2023)
1.3.3 Global Aerospace Lubricants Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Aerospace Lubricants Sales Breakdown by Type (2018-2023)
1.4.2 Europe Aerospace Lubricants Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Aerospace Lubricants Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Aerospace Lubricants Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Aerospace Lubricants Sales Breakdown by Type (2018-2023)
2 Global Aerospace Lubricants Market Competition by Company
2.1 Global Top Players by Aerospace Lubricants Sales (2018-2023)
2.2 Global Top Players by Aerospace Lubricants Revenue (2018-2023)
2.3 Global Top Players by Aerospace Lubricants Price (2018-2023)
2.4 Global Top Manufacturers Aerospace Lubricants Manufacturing Base Distribution, Sales Area, Product Type
2.5 Aerospace Lubricants Market Competitive Situation and Trends
2.5.1 Aerospace Lubricants Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Aerospace Lubricants Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Aerospace Lubricants as of 2022)
2.7 Date of Key Manufacturers Enter into Aerospace Lubricants Market
2.8 Key Manufacturers Aerospace Lubricants Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Aerospace Lubricants Status and Outlook by Region
3.1 Global Aerospace Lubricants Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Aerospace Lubricants Historic Market Size by Region
3.2.1 Global Aerospace Lubricants Sales in Volume by Region (2018-2023)
3.2.2 Global Aerospace Lubricants Sales in Value by Region (2018-2023)
3.2.3 Global Aerospace Lubricants Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Aerospace Lubricants Forecasted Market Size by Region
3.3.1 Global Aerospace Lubricants Sales in Volume by Region (2024-2029)
3.3.2 Global Aerospace Lubricants Sales in Value by Region (2024-2029)
3.3.3 Global Aerospace Lubricants Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Aerospace Lubricants by Application
4.1 Aerospace Lubricants Market Segment by Application
4.1.1 Civil Aviation
4.1.2 Defense
4.1.3 Space
4.2 Global Aerospace Lubricants Market Size by Application
4.2.1 Global Aerospace Lubricants Market Size Overview by Application (2018-2029)
4.2.2 Global Aerospace Lubricants Historic Market Size Review by Application (2018-2023)
4.2.3 Global Aerospace Lubricants Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Aerospace Lubricants Sales Breakdown by Application (2018-2023)
4.3.2 Europe Aerospace Lubricants Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Aerospace Lubricants Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Aerospace Lubricants Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Aerospace Lubricants Sales Breakdown by Application (2018-2023)
5 North America Aerospace Lubricants by Country
5.1 North America Aerospace Lubricants Historic Market Size by Country
5.1.1 North America Aerospace Lubricants Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Aerospace Lubricants Sales in Volume by Country (2018-2023)
5.1.3 North America Aerospace Lubricants Sales in Value by Country (2018-2023)
5.2 North America Aerospace Lubricants Forecasted Market Size by Country
5.2.1 North America Aerospace Lubricants Sales in Volume by Country (2024-2029)
5.2.2 North America Aerospace Lubricants Sales in Value by Country (2024-2029)
6 Europe Aerospace Lubricants by Country
6.1 Europe Aerospace Lubricants Historic Market Size by Country
6.1.1 Europe Aerospace Lubricants Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Aerospace Lubricants Sales in Volume by Country (2018-2023)
6.1.3 Europe Aerospace Lubricants Sales in Value by Country (2018-2023)
6.2 Europe Aerospace Lubricants Forecasted Market Size by Country
6.2.1 Europe Aerospace Lubricants Sales in Volume by Country (2024-2029)
6.2.2 Europe Aerospace Lubricants Sales in Value by Country (2024-2029)
7 Asia-Pacific Aerospace Lubricants by Region
7.1 Asia-Pacific Aerospace Lubricants Historic Market Size by Region
7.1.1 Asia-Pacific Aerospace Lubricants Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Aerospace Lubricants Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Aerospace Lubricants Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Aerospace Lubricants Forecasted Market Size by Region
7.2.1 Asia-Pacific Aerospace Lubricants Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Aerospace Lubricants Sales in Value by Region (2024-2029)
8 Latin America Aerospace Lubricants by Country
8.1 Latin America Aerospace Lubricants Historic Market Size by Country
8.1.1 Latin America Aerospace Lubricants Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Aerospace Lubricants Sales in Volume by Country (2018-2023)
8.1.3 Latin America Aerospace Lubricants Sales in Value by Country (2018-2023)
8.2 Latin America Aerospace Lubricants Forecasted Market Size by Country
8.2.1 Latin America Aerospace Lubricants Sales in Volume by Country (2024-2029)
8.2.2 Latin America Aerospace Lubricants Sales in Value by Country (2024-2029)
9 Middle East and Africa Aerospace Lubricants by Country
9.1 Middle East and Africa Aerospace Lubricants Historic Market Size by Country
9.1.1 Middle East and Africa Aerospace Lubricants Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Aerospace Lubricants Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Aerospace Lubricants Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Aerospace Lubricants Forecasted Market Size by Country
9.2.1 Middle East and Africa Aerospace Lubricants Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Aerospace Lubricants Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Castrol
10.1.1 Castrol Company Information
10.1.2 Castrol Introduction and Business Overview
10.1.3 Castrol Aerospace Lubricants Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Castrol Aerospace Lubricants Products Offered
10.1.5 Castrol Recent Development
10.2 Shell
10.2.1 Shell Company Information
10.2.2 Shell Introduction and Business Overview
10.2.3 Shell Aerospace Lubricants Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Shell Aerospace Lubricants Products Offered
10.2.5 Shell Recent Development
10.3 Quaker Chemical Corporation
10.3.1 Quaker Chemical Corporation Company Information
10.3.2 Quaker Chemical Corporation Introduction and Business Overview
10.3.3 Quaker Chemical Corporation Aerospace Lubricants Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Quaker Chemical Corporation Aerospace Lubricants Products Offered
10.3.5 Quaker Chemical Corporation Recent Development
10.4 Fuchs Group
10.4.1 Fuchs Group Company Information
10.4.2 Fuchs Group Introduction and Business Overview
10.4.3 Fuchs Group Aerospace Lubricants Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Fuchs Group Aerospace Lubricants Products Offered
10.4.5 Fuchs Group Recent Development
10.5 British Petroleum
10.5.1 British Petroleum Company Information
10.5.2 British Petroleum Introduction and Business Overview
10.5.3 British Petroleum Aerospace Lubricants Sales, Revenue and Gross Margin (2018-2023)
10.5.4 British Petroleum Aerospace Lubricants Products Offered
10.5.5 British Petroleum Recent Development
10.6 Petrobras
10.6.1 Petrobras Company Information
10.6.2 Petrobras Introduction and Business Overview
10.6.3 Petrobras Aerospace Lubricants Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Petrobras Aerospace Lubricants Products Offered
10.6.5 Petrobras Recent Development
10.7 Chevron Corporation
10.7.1 Chevron Corporation Company Information
10.7.2 Chevron Corporation Introduction and Business Overview
10.7.3 Chevron Corporation Aerospace Lubricants Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Chevron Corporation Aerospace Lubricants Products Offered
10.7.5 Chevron Corporation Recent Development
10.8 Exxon Mobil
10.8.1 Exxon Mobil Company Information
10.8.2 Exxon Mobil Introduction and Business Overview
10.8.3 Exxon Mobil Aerospace Lubricants Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Exxon Mobil Aerospace Lubricants Products Offered
10.8.5 Exxon Mobil Recent Development
10.9 DuPont
10.9.1 DuPont Company Information
10.9.2 DuPont Introduction and Business Overview
10.9.3 DuPont Aerospace Lubricants Sales, Revenue and Gross Margin (2018-2023)
10.9.4 DuPont Aerospace Lubricants Products Offered
10.9.5 DuPont Recent Development
10.10 Sinopec
10.10.1 Sinopec Company Information
10.10.2 Sinopec Introduction and Business Overview
10.10.3 Sinopec Aerospace Lubricants Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Sinopec Aerospace Lubricants Products Offered
10.10.5 Sinopec Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Aerospace Lubricants Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Aerospace Lubricants Industrial Chain Analysis
11.4 Aerospace Lubricants Market Dynamics
11.4.1 Aerospace Lubricants Industry Trends
11.4.2 Aerospace Lubricants Market Drivers
11.4.3 Aerospace Lubricants Market Challenges
11.4.4 Aerospace Lubricants Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Aerospace Lubricants Distributors
12.3 Aerospace Lubricants Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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