Global Biolubricants Market Size, Share, and COVID-19 Impact Analysis, By Source (Vegetable Oil and Animal Oil), By End-Use Industry (Automotive & Other Transportation, Metalworking, Mining, Forestry, Marine, Engines, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035

Global Biolubricants Market Insights Forecasts to 2035

• The Global Biolubricants Market Size Was Estimated at USD 2.89 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 13.51% from 2025 to 2035
• The Worldwide Biolubricants Market Size is Expected to Reach USD 11.65 Billion by 2035
• Asia Pacific is Expected to Grow the Fastest during the forecast period.

The Global Biolubricants Market size was worth around USD 2.89 Billion in 2024 and is predicted to Grow to around USD 11.65 Billion by 2035 with a compound annual growth rate (CAGR) of 13.51% from 2025 to 2035. The strict government regulations governing oil-based lubricants and the development of new & advanced technologies for more efficiency and cost-effectiveness are driving the biolubricants market globally.  

Market Overview

The biolubricants market refers to the industry encompassing the sale and distribution of lubricants derived from renewable resources, primarily vegetable oils and animal fats. Biolubricants are biodegradable and environment-friendly, produced from oil-based resources, offering the advantage of lower toxicity as compared to traditional petroleum-based lubricants. There is a growing application of biolubricants in the transportation and manufacturing industries owing to their superior characteristics, including high flash points, consistent viscosity, lower emissions, and biodegradability. The market growth for biolubricants is supported by the supply of high-performance and cost-competitive green base oils, which aligns with government regulations. Further, the increasing public awareness regarding the environmental effects of mineral oil-based lubricants is driving the market demand. Additionally, the increasing R&D activities, as well as technological innovations, are offering growth opportunities in the biolubricants market.

Report Coverage

This research report categorizes the biolubricants market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the biolubricants market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the biolubricants market.

Driving Factors

The strict government regulations emphasizing environmental protection and safe management for used oil management are promoting the biolubricants market. Further, the development of new & advanced technologies, such as the creation of nanofluids that aid in improving the performance and cost-effectiveness, is significantly contributing to propel the market growth. Further, the growing demand for sustainable alternatives by several businesses for reducing their carbon footprint is expected to drive the market.

Restraining Factors

The increased production cost, as well as supply chain disruptions, are challenging the biolubricants market. The volatility in the prices of raw materials, including vegetable oil, contributes to restraining the market growth.

Market Segmentation

The biolubricants market share is classified into source and end-use industry.

• The vegetable oil segment dominated the market with the largest revenue share in 2024 and is projected to grow at a substantial CAGR during the forecast period.

Based on the source, the biolubricants market is divided into vegetable oil and animal oil. Among these, the vegetable oil segment dominated the market with the largest revenue share in 2024 and is projected to grow at a substantial CAGR during the forecast period. Biolubricants derived from vegetable oil offer an environmentally friendly and renewable alternative to traditional petroleum-based lubricants, often made by modifying vegetable oils through transesterification, epoxidation, or estolide formation. The increasing popularity of vegetable oil-based biolubricants, owing to their eco-friendly characteristics and increased adoption, is driving the market growth in the vegetable oil segment.

• The automotive & other transportation segment dominated the biolubricants market in 2024 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the end-use industry, the biolubricants market is divided into automotive & other transportation, metalworking, mining, forestry, marine, engines, and others. Among these, the automotive & other transportation segment dominated the biolubricants market in 2024 and is anticipated to grow at a significant CAGR during the forecast period. In automotive & other transportation sectors, biolubricants are used in engines, transmissions, and hydraulic systems for reducing friction, wear, and heat generation. An increasing use of transmission fluids in automotive manufacturing is expected to drive the biolubricants market in the automotive & other transportation segment.

Regional Segment Analysis of the Biolubricants Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the biolubricants market over the predicted timeframe.

North America is anticipated to hold the largest share of the biolubricants market over the predicted timeframe. The occurrence of the automotive industry in the region, along with the growing regulatory measures from the US government mandating minimum renewable content in a diverse range of products, is responsible for propelling the biolubricants market demand. Further, environmental regulations as well as technological advancements are propelling the market growth for biolubricants.

Asia Pacific is expected to grow at a rapid CAGR in the biolubricants market during the forecast period. The growing production and export of passenger cars and vehicles in the developing regions of Asia Pacific countries are contributing to driving market demand for biolubricants. In addition, favourable government policies and cheap labor, along with the trend toward sustainable and more productive vehicles, are fueling the market growth.

Europe is expected to hold a substantial share of the biolubricants market during the projected timeframe. The stringent legislation and inclination towards bio-economy in Germany, Italy, Nordic countries, Benelux countries, and France are driving the regional market for biolubricant. Further, the rapid industrialization, population growth, and urbanization are several factors propelling the biolubricants market.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the biolubricants market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• TotalEnergies
• Exxon Mobil Corporation
• Shell plc
• CASTROL Limited
• PETRONAS Lubricants International
• Kluber Lubrication
• Emery Oleochemicals
• Albemarle Corporation
• Chevron Corporation
• FUCHS
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development

• In February 2024, Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, announced the launch of SYLVASOLV, a new line of biobased hydrocarbon oils designed to deliver superior performance and environmental advantages across many industries, including agrochemicals, adhesives, and lubricants.
• In May 2023, ExxonMobil announced a commitment to build a lubricant-manufacturing plant in Maharashtra. The new, INR 900 crore (US$110 million) plant would have the capability to potentially manufacture 159,000 kiloliters of finished lubricants a year, and is expected to begin operation by 2025 end.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the biolubricants market based on the below-mentioned segments: 

Global Biolubricants Market, By Source

• Vegetable Oil
• Animal Oil

Global Biolubricants Market, By End-Use Industry

• Automotive & Other Transportation
• Metalworking
• Mining
• Forestry
• Marine
• Engines
• Others

Global Biolubricants Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa