Distribution of global demand for lubricants 2023, by region
In 2023, the region with the largest share of demand for lubricants was the Asia-Pacific region, accounting for 44 percent of the world's demand. By comparison, lubricants demand in the Europe, the Middle East and Africa stood at 26 percent.
The total global volume of lubricants demand in 2022 amounted to nearly 36 million metric tons.