Forestry Lubricants Market

Forestry Lubricants Market Size By Product (Synthetic Blend Oil, Mineral Oils, S Synthetic Oil, and Bio-Based Oils), By Application (Transmission & Gears, Greasing, Paper Machine Oils, Engine, Hydraulics, Chain Oils/Saw Guide Oils, and Others), and By End-User (Sawmills, Wood Products Manufacturing, Biomass Pellet Mills, Pulp Mills, Paper & Paperboard Mills, Harvesting/Logging, OEM, and Others), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2023 to 2032

Base Year: 2023 Historical Data: 2019-21
  • Report ID: TBI-14010
  • Published Date: Jan, 2024
  • Pages: 237
  • Category: Chemicals & Materials
  • Format: PDF
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The global forestry lubricants market was valued at USD 5.2 billion in 2022, growing at a CAGR of 3.2% from 2023 to 2032. The market is expected to reach USD 7.1 billion by 2032. The growing demand from a range of end-use sectors in the paper & pulp, energy & power, and construction industries is one of the main factors propelling the market expansion for forestry lubricants. Furthermore, due to the increasing need for automobiles and machinery to run smoothly, the ongoing need for wooden furniture in homes, and the increased usage of lubricants in agricultural harvesting machines.

Market Introduction:

Forestry lubricants reduce friction between surfaces, generating less heat during surface movement. Forestry lubricants are necessary for any machinery or vehicle to operate well. In the forestry sector, lubricants are selected according to their ability to improve machine efficiency and reduce wear-down rates, both of which reduce the cost of machine maintenance. Since equipment used in logging and harvesting is exposed to adverse operating conditions such as high temperatures, severe weather, and frequent use, lubricants are essential for equipment maintenance. Lubricants are regularly used to lubricate forestry and agricultural machinery because they maximize equipment performance, provide excellent wear and tear, maintain good energy economy, and give exceptional performance when subjected to challenging working conditions. Moreover, growing disposable incomes would encourage industrial expansion in developing countries like Brazil, Indonesia, Thailand, China, India, etc. Furthermore, the increase in global trade, population growth, and manufacturing will all contribute to significant growth potential for the industry. The expanding usage of bio-based and ecologically friendly lubricants in forestry and agricultural applications will help drive the market’s growth.

Forestry Lubricants Market Size

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Recent Development

In June 2021, Fuchs Group held all of the lubricant divisions of Gleitmo Technik AB in Kungsbacka, Sweden. The customer, product range, labour, and lease for Gleitmo's Kungsbacka office and warehouse are all covered under the contract. With this acquisition, Fuchs enhanced their specialised business in the European market.

In April 2022, To protect motorbikes from high temperatures and minimise power loss, Shell India introduced Advance Fuel Save 10W30 engine oil, which increased fuel economy and decreased running costs.

In March 2021, The Phillips 66 e-Shield was first offered by the Phillips 66 Company. This high-performance lubricant solution maximises the protection and performance of electric vehicles by combining coolants, grease, and system fluid.

Market Dynamics:


Growing demand from the metal processing industry- One of the major consumers of forestry lubricants is the metal processing sector. Various forestry lubricants are necessary to properly operate machinery in various metal processing equipment and other heavy equipment. North America, Europe, and Asia Pacific primarily drive the metal processing industry's forestry lubricants market. The demand for inexpensive housing and rising purchasing power fuel the metal processing industry's rapid expansion in the Middle East. In addition, there is a growing need for steel in various industries, including transportation, construction, automotive, and electric and household appliances. The forestry lubricants market is expanding due to the explosive growth in the metal processing industry.


Stringent government regulations- Strict rules regarding synthetic lubricants may hinder the adoption of forestry lubricants. Several government authorities have introduced strict regulatory requirements regarding using chemicals as lubricants. For example, the Environmental Protection Agency's (EPA) laws ensure that industrial companies pre-treat wastewater by separating pollutants to preserve their wastewater treatment plants. When released into the environment, industrial lubricants have the potential to clog up sanitary sewers and contaminate nearby rivers. Growing worries about the effects of pollution on health and the environment may hamper advances in the business.


Demand for renewable energy- Manufacturers of forestry lubricants can offer their goods directly to consumers online through e-commerce, cutting out intermediaries like dealers, distributors, and retail stores. It increases the profit margin and shortens the value chain for manufacturers. Companies that make forestry lubricants have also begun using this ground-breaking online marketplace to expand their customer base through digital marketing strategies and online campaigns. DIY customers make up most of the market in North America and Europe, and they will go to great lengths to get the lubricant brand they choose. This trend has been accelerated by e-commerce, which has enabled businesses to reach a wider audience. E-commerce may contribute to a shift in consumer behaviour in several global regions.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the largest global forestry lubricants market, with a 38.7% market revenue share in 2022.

Asia Pacific is becoming a major producer and exporter of value-added products like paper, paperboards, and secondary wood products. Growing the usage of wood biomass is being promoted in Japan as a way to assist in meeting climate change targets, and it is anticipated that this will create substantial growth opportunities for major market participants. Throughout the projection period, the regional pulp and paper sector will be driven by increased processing capacity expenditures brought on by the growing domestic demand for paper and paper products in China and Malaysia.

Asia Pacific Region Forestry Lubricants Market Share in 2022 - 38.7%

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Product Segment Analysis

The product segment is divided into synthetic blend oil, mineral oils, synthetic oil, and bio-based oils. The synthetic oil segment dominated the market, with a market share of around 33% in 2022. Because of their uniform molecular structure, synthetic oils allow forestry equipment to be lubricated regularly, improving performance and lowering power consumption.

Application Segment Analysis

The application segment is divided into transmission & gears, greasing, paper machine oils, engine, hydraulics, chain oils/saw guide oils, and others. The engine segment dominated the market, with a market share of around 23% in 2022. The market for forestry lubricants indicates that the engine industry is expected to grow rapidly in the next years due to the increasing demand for lubricants that can withstand extreme climatic conditions, extending engine life.

End-User Segment Analysis

The end-user segment is divided into sawmills, wood products manufacturing, biomass pellet mills, pulp mills, paper & paperboard mills, harvesting/logging, OEM, and others. The OEM segment dominated the market, with a market share of around 21% in 2022. The growth of the OEM segment will be fueled by the expansion of the building and manufacturing industries and the companies' increasing emphasis on developing state-of-the-art forestry machinery to increase efficiency and productivity.

Some of the Key Market Players:
  • Chevron Corporation
  • Elba Lubes
  • Exxon Mobil Corporation
  • Penine Lubricants
  • Repsol
  • Royal Dutch Shell Plc
  • behran oil company
  • cortec corporation
  • exol lubricants limited
  • Frontier Performance Lubricants Inc
  • Kluber Lubrication
  • Phillips 66 Company
  • TotalEnergies
  • Rymax Lubricants

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2022 USD 5.2 Billion
Market size value in 2032 USD 7.1 Billion
CAGR (2023 to 2032) 3.2%
Historical data 2019-2021
Base Year 2022
Forecast 2023-2032
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Product, Application, End-User

Frequesntly Asked Questions

As per The Brainy Insights, the size of the forestry lubricants market was valued at USD 5.2 billion in 2022 to USD 7.1 billion by 2032.

The global forestry lubricants market is growing at a CAGR of 3.2% during the forecast period 2023-2032.

Asia Pacific emerged as the largest forestry lubricants market.

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This study forecasts global, regional, and country revenue from 2019 to 2032. The Brainy Insights has segmented the global forestry lubricants market based on the below-mentioned segments:

Global Forestry Lubricants Market By Product:

  • Synthetic Blend Oil
  • Mineral Oils
  • S Synthetic Oil
  • Bio-Based Oils 

Global Forestry Lubricants Market By Application:

  • Transmission & Gears
  • Greasing
  • Paper Machine Oils
  • Engine
  • Hydraulics
  • Chain Oils/Saw Guide Oils
  • Others

Global Forestry Lubricants Market By End-User:

  • Sawmills
  • Wood Products Manufacturing
  • Biomass Pellet Mills
  • Pulp Mills
  • Paper & Paperboard Mills
  • Harvesting/Logging
  • OEM
  • Others 

Global Forestry Lubricants Market By Region:                           

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa


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