Top Manufacturers
According to a report by MarketsandMarkets, the global lubricants market was valued at USD 164.8 billion in 2022 and is projected to reach USD 187.9 billion by 2027 . The report also lists the top 20 lubricant companies in the world for 2023, based on their market presence and product footprint 1. Here are the top 20 lubricant manufacturers in the world for 2023:
- Shell plc
- ExxonMobil
- BP p.l.c.
- Chevron Corporation
- TotalEnergies
- Petrobras
- China National Petroleum Corporation
- Sinopec
- JXTG Nippon Oil & Energy Corporation
- Valvoline LLC
- Phillips 66
- FUCHS PETROLUB SE
- Idemitsu Kosan
- Lukoil
- Indian Oil Corporation Limited
- SK Lubricants Co., Ltd.
- Pertamina
- Repsol S.A.
- Gazprom Neft
- Hindustan Petroleum Corporation Limited
Please note that the list is based on the report by MarketsandMarkets and is subject to change 1