As the global economy recovers in 2021 and the supply of the industrial chain improves, the Bio-Lubricants market will undergo major changes. The global bio-lubricants market size was valued at USD 2 billion in 2022 and is projected to reach a value of USD 2.80 billion by 2031, registering a CAGR of 3.80% during the forecast period 2023-2031.

The global Bio-Lubricants industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.

The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global Bio-Lubricants market during the next few years. The global Bio-Lubricants market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.

Highlights-Regions

The Bio-Lubricants market can be split based on product types, major applications, and important regions as follows:

North America
Europe
Asia Pacific
Latin America

Player list
Shell International B.V.
Exxon Mobil Corporation
B.P.
Klüber Lubrication München SE and Co. KG
Pangolin AG
Fuchs Petrolub SE
Biol Bio-lubricants
Total S.A.
Emery Oleochemicals Group
and RSC Biosolutions
Houghton and Quaker Chemical Co.

Types list
Vegetable Oils
Animal Fats

Application list
Industrial
Commercial Transport
Passenger Vehicles