
A new report exploring the strategies and opportunities for the aviation lubricant market up to 2033 has forecast a focus on more sustainable and biodegradable products.
The in-depth analytics evaluated the market across major economies in every region and explored its major players – leading lubricant makers like Shell, Mobil, Total and Fuchs.
Strategies listed for market trends in the aviation lubricant market included introducing biodegradable lubricants for use in jet engines to mitigate environmental impacts, but also research into the development of high-performance synthetic lubricants engineered for today’s cutting-edge aircraft engines – with a firm focus on an all-new approach for lifecycle sustainability for aviation lubricants in production.
Aviation lubricants are built-for-purpose solutions designed to meet the exacting standards required by sector legislation and regulators regarding health and safety, but also cope with the extreme pressures, temperatures and stress on aviation equipment. The aviation industry demands outstanding performance levels from lubricants that serve aircraft and runway vehicles, maintenance equipment and features at facilities like hydraulic hangar doors. A diverse range of lubrication products are used across multiple applications including jet oil, aviation grease and turbine oil.
The global market for aviation lubricants is considered concentrated, with key players dominating the market. In 2023, the top 10 companies in the industry comprised almost 30 per cent of the whole market. The largest competitor, Shell, had a 5.04 per cent share, followed by lubricant major Exxon Mobil Corporation with 4.19 per cent. Other notable operators included TotalEnergies SE at 4.17 per cent, while Fuchs SE had 1.71 per cent.