Aviation Lubricant Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025.Aviation lubricants are used to enhance the performance of the engine by reducing frictions between two surfaces, resulting in more kilometers consuming same amount of fuel. Aviation lubricants play a dynamicpart in conditioning and overall maintenance of aircraft parts such as engine, turbine, bearingsand airframe.
Some of the important factors driving growth of the aviation lubricant market include increase in passenger traffic, aircraft orders, and military spending on aviation infrastructure. However, delivering lubricants operating under extreme condition is estimated to hamper the growth of aviation lubricant market. Furthermore, increasing demand for low density lubricants for reduced weight and environmentally safe aircraft lubricants are the factors which are likely to create opportunities for aviation lubricant market.
The global aviation lubricant market can be segmented based on type, technology, aviation type, end user, application, and geography. Based on type, the aviation lubricant market is segmented as special lubricants and additives, hydraulic fluid, engine oil, and grease. On the basis of technology, aviation lubricant market is segmented into mineral bases, and synthetic. On the basis of aviation type segment, the market can be segregated into commercial aviation, and defense aviation, and personal aviation. The application segment is divided into hydraulic systems, landing gear, engine, turbines, and airframe. On the basis of end user, the aviation lubricant market is OEM and MRO.
Aviation Lubricant Market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France and others. Asia-Pacific covers China, India, Japan, and rest of Asia-Pacific. RoW covers South America, Middle East and Africa.
Major companies operating in the aviation lubricant market are Shell, Castrol Limited Quaker Chemical Corporation, Fuchs Group, PetróleoBrasileiro S.A., Chevron Corporation, Exxon Mobil Corporation, DuPont, Phillips 66 Company, Zodiac Aerospace, Crane Aerospace, and Astronics Corporation, among others.
The key takeaways from the report
Scope of Aviation Lubricant Market
Aviation Type Segments
End User Segments