
The global Lubricants in Power Generation market size is predicted to grow from US$ 5284 million in 2025 to US$ 7414 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.
friction and wear in the moving parts of power generation equipment. These lubricants play a crucial role in ensuring the smooth and efficient operation of turbines, generators, and other mechanical components in power plants. They help to minimize heat generation, prevent equipment damage, and extend the lifespan of machinery. In addition, lubricants can also contribute to improved energy efficiency and reduced operational costs by reducing the energy lost to friction. The choice of lubricant depends on various factors, including the type of equipment, operating conditions, and environmental considerations. Proper lubrication practices are essential for maintaining the reliability and performance of power generation systems.
United States market for Lubricants in Power Generation is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Lubricants in Power Generation is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Lubricants in Power Generation is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Lubricants in Power Generation players cover Shell, ExxonMobil, Chevron Corporation, Idemitsu Kosan, TotalEnergies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The “Lubricants in Power Generation Industry Forecast” looks at past sales and reviews total world Lubricants in Power Generation sales in 2024, providing a comprehensive analysis by region and market sector of projected Lubricants in Power Generation sales for 2025 through 2031. With Lubricants in Power Generation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lubricants in Power Generation industry.
This Insight Report provides a comprehensive analysis of the global Lubricants in Power Generation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Lubricants in Power Generation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lubricants in Power Generation market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lubricants in Power Generation and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lubricants in Power Generation.
This report presents a comprehensive overview, market shares, and growth opportunities of Lubricants in Power Generation market by product type, application, key players and key regions and countries.
Segmentation by Type:
Turbine Oil
Compressor Oil
Transformer Oil
Engine Oil
Others
Segmentation by Application:
Gas Turbines
Steam Turbines
Hydroelectric Turbines
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shell
ExxonMobil
Chevron Corporation
Idemitsu Kosan
TotalEnergies
Sunoco LP
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Lubricants in Power Generation Market Size (2020-2031)
2.1.2 Lubricants in Power Generation Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Lubricants in Power Generation by Country/Region (2020, 2024 & 2031)
2.2 Lubricants in Power Generation Segment by Type
2.2.1 Turbine Oil
2.2.2 Compressor Oil
2.2.3 Transformer Oil
2.2.4 Engine Oil
2.2.5 Others
2.3 Lubricants in Power Generation Market Size by Type
2.3.1 Lubricants in Power Generation Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Lubricants in Power Generation Market Size Market Share by Type (2020-2025)
2.4 Lubricants in Power Generation Segment by Application
2.4.1 Gas Turbines
2.4.2 Steam Turbines
2.4.3 Hydroelectric Turbines
2.4.4 Others
2.5 Lubricants in Power Generation Market Size by Application
2.5.1 Lubricants in Power Generation Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Lubricants in Power Generation Market Size Market Share by Application (2020-2025)
3 Lubricants in Power Generation Market Size by Player
3.1 Lubricants in Power Generation Market Size Market Share by Player
3.1.1 Global Lubricants in Power Generation Revenue by Player (2020-2025)
3.1.2 Global Lubricants in Power Generation Revenue Market Share by Player (2020-2025)
3.2 Global Lubricants in Power Generation Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Lubricants in Power Generation by Region
4.1 Lubricants in Power Generation Market Size by Region (2020-2025)
4.2 Global Lubricants in Power Generation Annual Revenue by Country/Region (2020-2025)
4.3 Americas Lubricants in Power Generation Market Size Growth (2020-2025)
4.4 APAC Lubricants in Power Generation Market Size Growth (2020-2025)
4.5 Europe Lubricants in Power Generation Market Size Growth (2020-2025)
4.6 Middle East & Africa Lubricants in Power Generation Market Size Growth (2020-2025)
5 Americas
5.1 Americas Lubricants in Power Generation Market Size by Country (2020-2025)
5.2 Americas Lubricants in Power Generation Market Size by Type (2020-2025)
5.3 Americas Lubricants in Power Generation Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Lubricants in Power Generation Market Size by Region (2020-2025)
6.2 APAC Lubricants in Power Generation Market Size by Type (2020-2025)
6.3 APAC Lubricants in Power Generation Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Lubricants in Power Generation Market Size by Country (2020-2025)
7.2 Europe Lubricants in Power Generation Market Size by Type (2020-2025)
7.3 Europe Lubricants in Power Generation Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Lubricants in Power Generation by Region (2020-2025)
8.2 Middle East & Africa Lubricants in Power Generation Market Size by Type (2020-2025)
8.3 Middle East & Africa Lubricants in Power Generation Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Lubricants in Power Generation Market Forecast
10.1 Global Lubricants in Power Generation Forecast by Region (2026-2031)
10.1.1 Global Lubricants in Power Generation Forecast by Region (2026-2031)
10.1.2 Americas Lubricants in Power Generation Forecast
10.1.3 APAC Lubricants in Power Generation Forecast
10.1.4 Europe Lubricants in Power Generation Forecast
10.1.5 Middle East & Africa Lubricants in Power Generation Forecast
10.2 Americas Lubricants in Power Generation Forecast by Country (2026-2031)
10.2.1 United States Market Lubricants in Power Generation Forecast
10.2.2 Canada Market Lubricants in Power Generation Forecast
10.2.3 Mexico Market Lubricants in Power Generation Forecast
10.2.4 Brazil Market Lubricants in Power Generation Forecast
10.3 APAC Lubricants in Power Generation Forecast by Region (2026-2031)
10.3.1 China Lubricants in Power Generation Market Forecast
10.3.2 Japan Market Lubricants in Power Generation Forecast
10.3.3 Korea Market Lubricants in Power Generation Forecast
10.3.4 Southeast Asia Market Lubricants in Power Generation Forecast
10.3.5 India Market Lubricants in Power Generation Forecast
10.3.6 Australia Market Lubricants in Power Generation Forecast
10.4 Europe Lubricants in Power Generation Forecast by Country (2026-2031)
10.4.1 Germany Market Lubricants in Power Generation Forecast
10.4.2 France Market Lubricants in Power Generation Forecast
10.4.3 UK Market Lubricants in Power Generation Forecast
10.4.4 Italy Market Lubricants in Power Generation Forecast
10.4.5 Russia Market Lubricants in Power Generation Forecast
10.5 Middle East & Africa Lubricants in Power Generation Forecast by Region (2026-2031)
10.5.1 Egypt Market Lubricants in Power Generation Forecast
10.5.2 South Africa Market Lubricants in Power Generation Forecast
10.5.3 Israel Market Lubricants in Power Generation Forecast
10.5.4 Turkey Market Lubricants in Power Generation Forecast
10.6 Global Lubricants in Power Generation Forecast by Type (2026-2031)
10.7 Global Lubricants in Power Generation Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Lubricants in Power Generation Forecast
11 Key Players Analysis
11.1 Shell
11.1.1 Shell Company Information
11.1.2 Shell Lubricants in Power Generation Product Offered
11.1.3 Shell Lubricants in Power Generation Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Shell Main Business Overview
11.1.5 Shell Latest Developments
11.2 ExxonMobil
11.2.1 ExxonMobil Company Information
11.2.2 ExxonMobil Lubricants in Power Generation Product Offered
11.2.3 ExxonMobil Lubricants in Power Generation Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 ExxonMobil Main Business Overview
11.2.5 ExxonMobil Latest Developments
11.3 Chevron Corporation
11.3.1 Chevron Corporation Company Information
11.3.2 Chevron Corporation Lubricants in Power Generation Product Offered
11.3.3 Chevron Corporation Lubricants in Power Generation Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Chevron Corporation Main Business Overview
11.3.5 Chevron Corporation Latest Developments
11.4 Idemitsu Kosan
11.4.1 Idemitsu Kosan Company Information
11.4.2 Idemitsu Kosan Lubricants in Power Generation Product Offered
11.4.3 Idemitsu Kosan Lubricants in Power Generation Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Idemitsu Kosan Main Business Overview
11.4.5 Idemitsu Kosan Latest Developments
11.5 TotalEnergies
11.5.1 TotalEnergies Company Information
11.5.2 TotalEnergies Lubricants in Power Generation Product Offered
11.5.3 TotalEnergies Lubricants in Power Generation Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 TotalEnergies Main Business Overview
11.5.5 TotalEnergies Latest Developments
11.6 Sunoco LP
11.6.1 Sunoco LP Company Information
11.6.2 Sunoco LP Lubricants in Power Generation Product Offered
11.6.3 Sunoco LP Lubricants in Power Generation Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Sunoco LP Main Business Overview
11.6.5 Sunoco LP Latest Developments
12 Research Findings and Conclusion
*If Applicable.
