The global market for lubricants is expected to grow as a result of demand from developing economies. It is forecast that in 2024, the market value of lubricants in Asia Pacific will amount to more than 73 billion U.S. dollars, making it the largest global lubricant market.
Market value of lubricants worldwide from 2018 to 2019, with a forecast until 2024, by region
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (November 19, 2019). Market value of lubricants worldwide from 2018 to 2019, with a forecast until 2024, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1073358/global-lubricants-market-size-by-region/
Statista. "Market value of lubricants worldwide from 2018 to 2019, with a forecast until 2024, by region (in billion U.S. dollars)." Chart. November 19, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1073358/global-lubricants-market-size-by-region/
Statista. (2019). Market value of lubricants worldwide from 2018 to 2019, with a forecast until 2024, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1073358/global-lubricants-market-size-by-region/
Statista. "Market Value of Lubricants Worldwide from 2018 to 2019, with a Forecast until 2024, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Nov 2019, https://www.statista.com/statistics/1073358/global-lubricants-market-size-by-region/
Statista, Market value of lubricants worldwide from 2018 to 2019, with a forecast until 2024, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1073358/global-lubricants-market-size-by-region/ (last visited December 21, 2024)
Market value of lubricants worldwide from 2018 to 2019, with a forecast until 2024, by region (in billion U.S. dollars) [Graph], Statista, November 19, 2019. [Online]. Available: https://www.statista.com/statistics/1073358/global-lubricants-market-size-by-region/
