Aviation lubricants are meant to reduce the friction and wear apart from providing cooling, cleaning and sealing to aircraft components such as engine and other moving parts. Effective lubrication is mandatory in proper functioning of aircraft and manufacturers are focusing towards aviation lubrication solution that fits under all climatic conditions. Growing number of aircraft deliveries worldwide and focus towards effective aircraft management are expected to fuel the market growth.
|Largest Market||North America|
|Unit||Value (USD Million)|
|Key Companies Profiled||Shell [Netherlands], Total Lubricants [France], ExxonMobil [United States], Chemours [United States], Eastman [United States] and BP plc [United Kingdom]|
AMA Research have segmented the market of Global Aviation Lubricants market by Type, Application and Region. On the basis of Type, Engine Oil are dominating the market in the year 2022
On the basis of geography, the market of Aviation Lubricants has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022.
Growing Use of Synthetic Aviation Lubricants and Focus Towards manufacturing Quality and Long Lasting Lubricants
Growing Number of Aircraft Deliveries and Large Existing Fleets and Rise in Investment on Space Projects by Various Bodies such as NASA, ISRO, CNSA and Others
Growing Demand for Eco-friendly Aviation Lubricants Solutions and Increasing Defense Budgets Results in Rise in Aircraft Orders in Developing Countries
- Poor Lubricants Performance Under All Weather Conditions
In addition to the aforementioned factor, Growing Number of Aircraft Deliveries and Large Existing Fleets
is expected to propel the growth of the market over the forecast period.
The key Manufacturers profiled in the study are Shell [Netherlands], Total Lubricants [France], ExxonMobil [United States], Chemours [United States], Eastman [United States] and BP plc [United Kingdom]. A lot of United States players are profiled in the research study indicating a strong market dependence.