The market for aviation lubricants is anticipated to grow at a CAGR of 5% between 2023 and 2033. Following significant applications across big commercial planes in the wake of a resumption in passenger air flying, sales totaled US$ 859.8 Million by the end of 2023. The market is anticipated to reach US$ 902,79 million by 2023. The desire for synthetic and semi-synthetic oils, according to the analysis, will be dominant and generate US$ 900 million by 2033.
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and a far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Aviation Lubricants Market both at worldwide and provincial levels.
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Market Players: –
- Royal Dutch Shell Plc.
- ExxonMobil Corporation
- Total Group
- NYCO
- Lalizas Italia S.r.L
- Eastman Chemical Company
- The Chemours Company
- Phillips 66 Company
- Nye Lubricants Inc.
Key Segments Covered
- By Product :
- Aviation Engine Oils
- Turbine Engine Oils
- Piston Engine Oils
- Aviation Hydraulic Fluids
- Aviation Greases
- Other
- Aviation Engine Oils
- By Aircraft :
- Business Jets & Turboprop Planes
- Large Commercial Jets
- Piston Engine Aircraft
- Helicopters
- Other Aircraft
- By Type :
- Mineral Oil
- Semi-synthetic & Synthetic Oil
- Bio-based Oil
- Other
- By Sales Channel :
- Sales via OEMs
- Sales via MROs
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
How Fact.MR Assists in Making Strategic Moves?
The data provided in the Aviation Lubricants Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
This segment is projected to account for half of the global consumption of aviation lubricants
According to Fact.MR, demand for semi-synthetic & synthetic oils is likely to surpass the US$ 900 Million mark by the end of 2032. This segment accounts for half of the aviation lubricants demand globally.
Synthetic lubricant fluids provide lubricating properties, including improved thermal and oxidative stability, more desirable viscosity-temperature characteristics, superior volatility and enhanced service life among others. These synthetic oils are also effective in preventing the onset of rust and corrosion on unused fleet.
