オープンギア用潤滑油市場 – 2030年までの世界予測

Open Gear Lubricants Market - Global Forecast to 2030

オープンギア用潤滑油市場 - ベースオイル(鉱物油、合成油、バイオベースオイル)、最終用途産業(鉱業、セメント、建設、発電、石油・ガス、海洋)、地域(アジア太平洋、北米、ヨーロッパ) - 2030年までの世界予測
Open Gear Lubricants Market by Base Oil (Mineral Oil, Synthetic Oil, and Bio-based Oil), End-use Industry (Mining, Cement, Construction, Power Generation, Oil & Gas, Marine), and Region (Asia Pacific, North America, Europe) - Global Forecast to 2030

商品番号 : SMB-76172

出版社MarketsandMarkets
出版年月2025年4月
ページ数242
図表数322
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

In terms of value, the open gear lubricants market is estimated to grow from USD 738.1 million in 2024 to USD 907.9 million by 2030, at a CAGR of 3.5%.

金額ベースで見ると、オープンギア潤滑油市場は、2024年の7億3,810万米ドルから2030年には9億790万米ドルに、年平均成長率3.5%で成長すると予測されています。

The major factors contributing uto the growth of the global open gear lubricants market are the increasing demand in mining, construction, and infrastructural development, especially in Asia Pacific, and the growing cement industry. The burgeoning disposable income, rising standard of living, and increasing manufacturing facilities, and infrastructural development contribute to the market growth in the region. Factors restraining the growth of the open gear lubricants market are the Impact of geopolitical factors and economic slowdown, difficulties in open gear lubricant application and usage efficiency, stringent environmental regulations. The growing demand from marine and offshore sector is expected to act as an opportunity for stakeholders to grow in the open gear lubricants market.

世界のオープンギア用潤滑油市場の成長を牽引する主な要因は、特にアジア太平洋地域における鉱業、建設、インフラ開発の需要増加と、セメント産業の成長です。可処分所得の急増、生活水準の向上、製造施設の増加、そしてインフラ開発は、この地域の市場成長に貢献しています。一方、オープンギア潤滑油市場の成長を阻害する要因としては、地政学的要因と景気減速の影響、オープンギア用潤滑油の適用と使用効率の難しさ、そして厳格な環境規制が挙げられます。海洋・オフショアセクターからの需要増加は、オープンギア用潤滑油市場における関係者の成長機会となることが期待されます。

オープンギア用潤滑油市場 - 2030年までの世界予測
open-gear-lubricants-market1-Overview

“Synthetic base oil  is expected to be the fastest-growing type of the open gear lubricants market, in terms of value, during the forecast period.”

Expanding equally, synthetic base oil is likely to be the fastest-growing base oil type in the gear lubricants market, driven by superior performance, longer service life, and all the good things environmental benefits that can be derived from using them rather than from mineral oils. Synthetic lubricants, namely PAO (Polyalphaolefin), PAG (Polyalkylene Glycol) and esters, exhibit exceptional thermal stability, clarity against wear, and so great load capacity that it is perfectly ideal for extremely heavy-duty industrial applications: mining, cement, power generation, and construction.

“Mining is expected to be the fastest-growing end-use industry of the open gear lubricants market, in terms of value, during the forecast period.”

Mining was projected to be the fastest-growing end-use industry of the open gear lubricants market due to several key factors. The increase in deep mining operations due to depleted surface mineral reserves created demand for lubricants that withstand the pressures and temperatures presented in such harsh conditions. The adoption of automation and AI and IoT-enabled mining equipment soared, hence the need for superior lubricants that extend machinery life and efficiency. Stricter environmental regulations also affect this market, forcing mining companies toward low-toxicity, biodegradable lubricants that pass their sustainability goals.

オープンギア用潤滑油市場 - 2030年までの世界予測 region
open-gear-lubricants-market-Region

“Asia Pacific is projected to be the fastest growing region, in terms of value, during the forecast period in the open gear lubricants market.”

In terms of value, Asia Pacific dominates the global open gear lubricants market, with China being the largest consumer of open gear lubricants globally. Increased investments and a rise in the number of new infrastructure development make Asia Pacific a prime market for open gear lubricants. Increasing government projects are expected to drive the demand for open gear lubricants in end-use industries such as mining, power generation, and marine. Additionally, the increasing economic growth, followed by substantial investment in the construction industry, will boost the demand for open gear lubricants in the region.

  • By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
  • By Designation: C-Level – 30%, Director Level – 50%, and Others – 20%
  • By Region: North America – 40%, Europe – 35%, Asia Pacific – 20%, RoW– 5%

The key players in this market include FUCHS SE (Germany), Kluber Lubrications (Germany), Carl Bechem GmbH (Germany), CWS Industrials, Inc. (US), Shell plc (UK), Exxon Mobil Corporation (US), Chevron Corporation (US), BP P.L.C. (UK), TotalEnergies SE (France), Petron Corporation (US), Specialty Lubricants Corporation (US), and others.

オープンギア用潤滑油市場 - 2030年までの世界予測 ecosystem
open-gear-lubricants-market-Ecosystem

Research Coverage

This report segments the market for open gear lubricants based on base oil type, end-use industries, and region and provides estimations of value (USD thousand) and volume (Kiloton) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, key strategies, associated with the market for open gear lubricants.

Reasons to Buy this Report

This research report is focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the open gear lubricants market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on open gear lubricants offered by top players in the global market
  • Analysis of key drives: (growing demand in end-use industries, growth in bio-based open gear lubricants, increasing adoption of synthetic base oil, technological advancements in lubrication monitoring), restraints (impact of geopolitical factors and economic slowdown, difficulties in open gear lubricant application and usage efficiency, stringent environmental regulations), opportunities (growing demand from marine and offshore sector, stringent equipment maintenance standards, increase in demand of advanced additives and nano-lubricants, strategic oem collaborations & mergers), and challenges (balancing cost & performance, developing eco-friendly formulations without compromising efficiency) influencing the growth of open gear lubricants market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the open gear lubricants market
  • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for open gear lubricants across regions
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global open gear lubricants market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the open gear lubricants market

Table of Contents

1               INTRODUCTION              24

1.1           STUDY OBJECTIVES       24

1.2           MARKET DEFINITION   24

1.3           STUDY SCOPE   25

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      25

1.3.2        INCLUSIONS AND EXCLUSIONS 26

1.4           YEARS CONSIDERED      27

1.5           CURRENCY CONSIDERED            27

1.6           UNITS CONSIDERED      28

1.7           STAKEHOLDERS               28

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH DATA              29

2.1.1        SECONDARY DATA          30

2.1.1.1    List of key secondary sources              30

2.1.2        PRIMARY DATA 30

2.1.2.1    Primary interviews – demand and supply sides                30

2.1.2.2    Key industry insights           31

2.1.2.3    Breakdown of primary interviews      31

2.2           MARKET SIZE ESTIMATION         32

2.2.1        BOTTOM-UP APPROACH              32

2.2.2        TOP-DOWN APPROACH                34

2.3           DATA TRIANGULATION                34

2.4           GROWTH RATE ASSUMPTIONS/FORECASTS       35

2.4.1        SUPPLY SIDE     36

2.4.2        DEMAND SIDE  36

2.5           RESEARCH ASSUMPTIONS           38

2.6           RESEARCH LIMITATIONS             38

2.7           RISK ASSESSMENT           38

3               EXECUTIVE SUMMARY  39

4               PREMIUM INSIGHTS       42

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN OPEN GEAR LUBRICANTS MARKET      42

4.2           ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL AND COUNTRY             43

4.3           OPEN GEAR LUBRICANTS MARKET, BY REGION                 43

4.4           REGIONAL ANALYSIS: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY             44

4.5           OPEN GEAR LUBRICANTS MARKET, BY COUNTRY                 44

5               MARKET OVERVIEW       45

5.1           INTRODUCTION              45

5.2           MARKET DYNAMICS       46

5.2.1        DRIVERS               46

5.2.1.1    Increasing demand for open gear lubricants in various

end-use industries                46

5.2.1.2    Growth in demand for bio-based open gear lubricants  47

5.2.1.3    Rising adoption of synthetic base oils                47

5.2.1.4    Technological advancements in open gear lubrication monitoring                 48

5.2.2        RESTRAINTS      48

5.2.2.1    Geopolitical instability and economic slowdown             48

5.2.2.2    Difficulties in lubricant application and incompatibility with

modern high-performance machinery               49

5.2.2.3    Stringent environmental regulations 49

5.2.3        OPPORTUNITIES              50

5.2.3.1    Rising demand from marine and offshore industries      50

5.2.3.2    Stringent equipment maintenance standards  50

5.2.3.3    Increasing demand for advanced additives and nano-lubricants                 51

5.2.3.4    Strategic original equipment manufacturer (OEM) collaborations

and mergers           51

5.2.4        CHALLENGES    52

5.2.4.1    Balancing cost and performance        52

5.2.4.2    Development of eco-friendly formulations without compromising efficiency                52

5.3           PORTER’S FIVE FORCES ANALYSIS           53

5.3.1        THREAT OF NEW ENTRANTS      54

5.3.2        THREAT OF SUBSTITUTES          54

5.3.3        BARGAINING POWER OF SUPPLIERS       54

5.3.4        BARGAINING POWER OF BUYERS             54

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 54

5.4           KEY STAKEHOLDERS AND BUYING CRITERIA     55

5.4.1        KEY STAKEHOLDERS IN BUYING PROCESS           55

5.4.2        BUYING CRITERIA           56

5.5           MACROECONOMIC INDICATORS              56

5.5.1        GDP TRENDS AND FORECAST   57

6               INDUSTRY TRENDS         58

6.1           SUPPLY CHAIN ANALYSIS             58

6.2           PRICING ANALYSIS          59

6.2.1        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY       59

6.2.2        AVERAGE SELLING PRICE TREND, BY REGION   60

6.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            61

6.4           ECOSYSTEM ANALYSIS  61

6.5           CASE STUDY ANALYSIS 63

6.5.1        EXTENDING EQUIPMENT LIFE AND REDUCING COSTS WITH SHELL GADUS      63

6.5.2        POWER PLANT SAVES 40% ON OPEN GEAR LUBRICANT CONSUMPTION WITH WHITMORE ENVIROLUBE XE EXTREME                 64

6.5.3        PETRON CORPORATION LUBRICANTS ENHANCED PERFORMANCE AND DURABILITY OF OPEN GEAR EQUIPMENT FOR LARGE MINING COMPANY 64

6.6           TECHNOLOGY ANALYSIS             65

6.6.1        KEY TECHNOLOGIES     65

6.6.1.1    Automated lubrication systems          65

6.6.1.2    Condition monitoring and predictive maintenance technology                 65

6.6.2        COMPLEMENTARY TECHNOLOGIES       65

6.6.2.1    Smart lubricants with nanotechnology              65

6.7           TRADE ANALYSIS             66

6.7.1        IMPORT SCENARIO (HS CODE 2710)        66

6.7.2        EXPORT SCENARIO (HS CODE 2710)        67

6.8           REGULATORY LANDSCAPE         68

6.8.1        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             68

6.8.2        REGULATORY FRAMEWORK       70

6.8.2.1    Environmental regulations and compliance     70

6.8.2.2    Occupational health and safety standards        70

6.8.2.3    Product quality and performance standards    70

6.9           KEY CONFERENCES AND EVENTS             71

6.10         INVESTMENT AND FUNDING SCENARIO               71

6.11         PATENT ANALYSIS          72

6.11.1      APPROACH         72

6.11.2      DOCUMENT TYPES         72

6.11.3      TOP APPLICANTS            73

6.11.4      JURISDICTION ANALYSIS              76

6.12         IMPACT OF AI/GEN AI ON OPEN GEAR LUBRICANTS MARKET               76

7               OPEN GEAR LUBRICANTS MARKET, BY BASE OIL                 78

7.1           INTRODUCTION              79

7.2           MINERAL OIL     81

7.2.1        EASY AVAILABILITY AND LOW COST TO DRIVE DEMAND             81

7.3           SYNTHETIC OIL                83

7.3.1        GROWING INDUSTRIAL PRODUCTION TO FUEL DEMAND             83

7.3.2        POLYALPHAOLEFINS     85

7.3.3        POLYALKYLENE GLYCOLS           85

7.3.4        ESTERS 86

7.3.5        GROUP III (HYDROCRACKING)  86

7.4           BIO-BASED OIL 86

7.4.1        RISING AWARENESS REGARDING BIO-BASED LUBRICANTS TO

PROPEL DEMAND            86

8               OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY           89

8.1           INTRODUCTION              90

8.2           MINING                92

8.2.1        INCREASING DEMAND FOR MINERALS AND METALS, SUCH AS COPPER, GOLD, COAL, AND LITHIUM, TO DRIVE MARKET               92

8.3           CONSTRUCTION              94

8.3.1        INCREASED GOVERNMENT INVESTMENTS IN INFRASTRUCTURE PROJECTS

TO SUPPORT MARKET GROWTH              94

8.4           POWER GENERATION   96

8.4.1        RISING AWARENESS ABOUT RENEWABLE SOURCES FOR POWER GENERATION TO PROPEL MARKET        96

8.5           OIL & GAS            97

8.5.1        NEED FOR LONG-TERM STABILITY AND SMOOTH FUNCTIONING

OF MACHINERY TO DRIVE MARKET        97

8.6           CEMENT               99

8.6.1        GROWING CONSTRUCTION ACTIVITIES TO DRIVE MARKET               99

8.7           MARINE                101

8.7.1        EXPANSION OF GLOBAL SHIPBUILDING ACTIVITIES TO PROPEL MARKET             101

8.8           OTHER END-USE INDUSTRIES   102

9               OPEN GEAR LUBRICANTS MARKET, BY REGION                 105

9.1           INTRODUCTION              106

9.2           ASIA PACIFIC     108

9.2.1        CHINA  113

9.2.1.1    Increasing population and rapid industrialization to drive market                 113

9.2.2        INDIA    115

9.2.2.1    Rapid urbanization and population growth to drive market                 115

9.2.3        JAPAN   116

9.2.3.1    Fiscal support and technology development to support market growth    116

9.2.4        SOUTH KOREA  118

9.2.4.1    Increasing industrial modernization and infrastructure development to drive market              118

9.3           NORTH AMERICA             120

9.3.1        US           126

9.3.1.1    Strong industrial infrastructure and increasing environmental awareness to drive market   126

9.3.2        CANADA               128

9.3.2.1    Growing mining, construction, and cement production industries to drive market      128

9.3.3        MEXICO                130

9.3.3.1    Growing power generation and manufacturing sectors to drive market    130

9.4           EUROPE               132

9.4.1        UK          138

9.4.1.1    Increasing R&D activities to support market growth      138

9.4.2        GERMANY           139

9.4.2.1    Growing industrial activities to drive market   139

9.4.3        ITALY    141

9.4.3.1    Growth in manufacturing industry to fuel demand for open gear lubricants               141

9.4.4        FRANCE                143

9.4.4.1    Rising spending power to fuel demand             143

9.5           MIDDLE EAST & AFRICA                145

9.5.1        GCC COUNTRIES              150

9.5.1.1    Saudi Arabia          151

9.5.1.1.1 Growing oil & gas sector to drive market          151

9.5.2        SOUTH AFRICA 153

9.5.2.1    Rapid growth in automotive, industrial, and consumer goods

to drive market      153

9.5.3        IRAN      155

9.5.3.1    Rapid growth in industrial sector to drive market           155

9.6           SOUTH AMERICA             157

9.6.1        BRAZIL 161

9.6.1.1    Significant investments in manufacturing industry to drive demand  161

9.6.2        ARGENTINA       163

9.6.2.1    Developing mining industry to support market growth 163

10            COMPETITIVE LANDSCAPE         166

10.1         OVERVIEW          166

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            166

10.3         MARKET SHARE ANALYSIS           168

10.4         REVENUE ANALYSIS       170

10.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 171

10.5.1      STARS   171

10.5.2      EMERGING LEADERS     171

10.5.3      PERVASIVE PLAYERS      171

10.5.4      PARTICIPANTS 171

10.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         173

10.5.5.1  Company footprint               173

10.5.5.2  Region footprint   174

10.5.5.3  Base oil footprint  175

10.5.5.4  End-use industry footprint 176

10.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        177

10.6.1      PROGRESSIVE COMPANIES         177

10.6.2      RESPONSIVE COMPANIES            177

10.6.3      DYNAMIC COMPANIES  177

10.6.4      STARTING BLOCKS         177

10.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 178

10.6.5.1  Detailed list of key startups/SMEs    178

10.6.5.2  Competitive benchmarking of key startups/SMEs          179

10.7         BRAND/PRODUCT COMPARISON ANALYSIS        179

10.8         COMPANY VALUATION AND FINANCIAL METRICS                 180

10.9         COMPETITIVE SCENARIO             181

10.9.1      DEALS  181

10.9.2      EXPANSIONS     183

11            COMPANY PROFILES      184

11.1         KEY PLAYERS     184

11.1.1      FUCHS SE             184

11.1.1.1  Business overview 184

11.1.1.2  Products/Solutions/Services offered 185

11.1.1.3  Recent developments           186

11.1.1.3.1                Deals      186

11.1.1.4  MnM view              187

11.1.1.4.1                Key strengths/Right to win 187

11.1.1.4.2                Strategic choices   187

11.1.1.4.3                Weaknesses/Competitive threats       187

11.1.2      KLÜBER LUBRICATION 188

11.1.2.1  Business overview 188

11.1.2.2  Products/Solutions/Services offered 188

11.1.2.3  Recent developments           189

11.1.2.3.1                Expansions             189

11.1.2.4  MnM view              190

11.1.2.4.1                Key strengths/Right to win 190

11.1.2.4.2                Strategic choices   190

11.1.2.4.3                Weaknesses/Competitive threats       190

11.1.3      CSW INDUSTRIALS, INC. (WHITMORE MANUFACTURING, LLC)               191

11.1.3.1  Business overview 191

11.1.3.2  Products/Solutions/Services offered 192

11.1.3.3  Recent developments           194

11.1.3.3.1                Deals      194

11.1.3.4  MnM view              194

11.1.3.4.1                Key strengths/Right to win 194

11.1.3.4.2                Strategic choices   194

11.1.3.4.3                Weaknesses/Competitive threats       194

11.1.4      CARL BECHEM GMBH    195

11.1.4.1  Business overview 195

11.1.4.2  Products/Solutions/Services offered 195

11.1.4.3  MnM view              196

11.1.4.3.1                Key strengths/Right to win 196

11.1.4.3.2                Strategic choices   196

11.1.4.3.3                Weaknesses/Competitive threats       196

11.1.5      SHELL PLC          197

11.1.5.1  Business overview 197

11.1.5.2  Products/Solutions/Services offered 198

11.1.5.3  Recent developments           199

11.1.5.3.1                Deals      199

11.1.5.4  MnM view              199

11.1.5.4.1                Key strengths/Right to win 199

11.1.5.4.2                Strategic choices   200

11.1.5.4.3                Weaknesses/Competitive threats       200

11.1.6      CHEVRON CORPORATION           201

11.1.6.1  Business overview 201

11.1.6.2  Products/Solutions/Services offered 203

11.1.7      TOTALENERGIES SE       204

11.1.7.1  Business overview 204

11.1.7.2  Products/Solutions/Services offered 206

11.1.8      EXXON MOBIL CORPORATION  207

11.1.8.1  Business overview 207

11.1.8.2  Products/Solutions/Services offered 208

11.1.8.3  Recent developments           209

11.1.8.3.1                Expansions             209

11.1.9      BP P.L.C.               210

11.1.9.1  Business overview 210

11.1.9.2  Products/Solutions/Services offered 211

11.1.9.3  Recent developments           212

11.1.9.3.1                Deals      212

11.1.10   PETRON CORPORATION               213

11.1.10.1                 Business overview 213

11.1.10.2                 Products/Solutions/Services offered 213

11.1.11   SPECIALTY LUBRICANTS CORPORATION             214

11.1.11.1                 Business overview 214

11.1.11.2                 Products/Solutions/Services offered 214

11.2         OTHER PLAYERS              215

11.2.1      BEL-RAY LUBRICANTS   215

11.2.2      LUBRIPLATE LUBRICANTS COMPANY    215

11.2.3      CHINA PETROLEUM & CHEMICAL CORPORATION                 216

11.2.4      CRC INDUSTRIES             217

11.2.5      TRI-CHEM CORPORATION           218

11.2.6      KLONDIKE LUBRICANTS CORPORATION              219

11.2.7      PHILLIPS 66        220

11.2.8      D-A LUBRICANT COMPANY        221

11.2.9      STATE INDUSTRIAL PRODUCTS                222

11.2.10   BIOBLEND RENEWABLE RESOURCES, LLC            222

11.2.11   CITGO PETROLEUM CORPORATION      223

11.2.12   SCHAEFFER MANUFACTURING CO.         223

11.2.13   PETRO-CANADA LUBRICANTS LLC          224

11.2.14   VERTEX LUBRICANTS    225

12            ADJACENT AND RELATED MARKETS      226

12.1         INTRODUCTION              226

12.2         LIMITATIONS    226

12.3         GREASE MARKET              226

12.3.1      MARKET DEFINITION   226

12.3.2      MARKET OVERVIEW       226

12.3.3      GREASE MARKET, BY REGION    227

13            APPENDIX           235

13.1         DISCUSSION GUIDE        235

13.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                238

13.3         CUSTOMIZATION OPTIONS        240

13.4         RELATED REPORTS         240

13.5         AUTHOR DETAILS           241

LIST OF TABLES

TABLE 1                OPEN GEAR LUBRICANTS MARKET: DEFINITIONS AND INCLUSIONS, BY BASE OIL    26

TABLE 2                OPEN GEAR LUBRICANTS MARKET: DEFINITIONS AND INCLUSIONS,

BY END-USE INDUSTRY 26

TABLE 3                STRINGENT ENVIRONMENTAL REGULATIONS                 50

TABLE 4                OPEN GEAR LUBRICANTS MARKET: PORTER’S FIVE FORCES ANALYSIS 53

TABLE 5                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE

END-USE INDUSTRIES   55

TABLE 6                KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              56

TABLE 7                GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2021–2029 (USD BILLION) 57

TABLE 8                AVERAGE SELLING PRICE TREND OF OPEN GEAR LUBRICANTS OFFERED

BY KEY PLAYERS, BY END-USE INDUSTRY, 2023 (USD/KG)                 60

TABLE 9                AVERAGE SELLING PRICE TREND OF OPEN GEAR LUBRICANTS,

BY REGION, 2021–2030 (USD/KG)               60

TABLE 10              ROLES OF COMPANIES IN OPEN GEAR LUBRICANTS ECOSYSTEM           62

TABLE 11              IMPORT DATA FOR HS CODE 2710-COMPLIANT PRODUCTS, BY REGION,

2018–2023 (USD BILLION)             67

TABLE 12              EXPORT DATA FOR HS CODE 2710-COMPLIANT PRODUCTS, BY REGION,

2018–2023 (USD BILLION)             68

TABLE 13              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  68

TABLE 14              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           69

TABLE 15              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  69

TABLE 16              GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  70

TABLE 17              OPEN GEAR LUBRICANTS MARKET: KEY CONFERENCES AND EVENTS, 2025           71

TABLE 18              PATENT STATUS: PATENT APPLICATIONS, LIMITED PATENTS, AND GRANTED PATENTS, 2014–2024                 72

TABLE 19              OPEN GEAR LUBRICANTS MARKET: LIST OF MAJOR PATENTS              73

TABLE 20              PATENTS BY NTN GROUP, 2023 75

TABLE 21              BASE OIL, BY GROUP      79

TABLE 22             OPEN GEAR LUBRICANTS MARKET, BY BASE OIL, 2019–2023 (USD THOUSAND)      80

TABLE 23             OPEN GEAR LUBRICANTS MARKET, BY BASE OIL, 2024–2030 (USD THOUSAND)      80

TABLE 24             OPEN GEAR LUBRICANTS MARKET, BY BASE OIL, 2019–2023 (TON)               81

TABLE 25             OPEN GEAR LUBRICANTS MARKET, BY BASE OIL, 2024–2030 (TON)               81

TABLE 26              MINERAL OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2019–2023 (USD THOUSAND)      81

TABLE 27              MINERAL OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2024–2030 (USD THOUSAND)      82

TABLE 28              MINERAL OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2019–2023 (TON)  82

TABLE 29              MINERAL OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2024–2030 (TON)  83

TABLE 30              SYNTHETIC OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2019–2023 (USD THOUSAND)      84

TABLE 31              SYNTHETIC OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2024–2030 (USD THOUSAND)      84

TABLE 32              SYNTHETIC OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2019–2023 (TON)  85

TABLE 33              SYNTHETIC OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2024–2030 (TON)  85

TABLE 34              BIO-BASED OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2019–2023 (USD THOUSAND)      87

TABLE 35              BIO-BASED OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2024–2030 (USD THOUSAND)      87

TABLE 36              BIO-BASED OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2019–2023 (TON)  87

TABLE 37              BIO-BASED OIL: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2024–2030 (TON)  88

TABLE 38              OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      91

TABLE 39              OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      91

TABLE 40              OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2019–2023 (TON)       92

TABLE 41              OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2024–2030 (TON)       92

TABLE 42              MINING: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2019–2023 (USD THOUSAND)      93

TABLE 43              MINING: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2024–2030 (USD THOUSAND)      93

TABLE 44              MINING: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2019–2023 (TON)             93

TABLE 45              MINING: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2024–2030 (TON)             94

TABLE 46              CONSTRUCTION: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2019–2023 (USD THOUSAND)      94

TABLE 47              CONSTRUCTION: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2024–2030 (USD THOUSAND)      95

TABLE 48              CONSTRUCTION: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2019–2023 (TON)               95

TABLE 49              CONSTRUCTION: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2024–2030 (TON)               95

TABLE 50              POWER GENERATION: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2019–2023 (USD THOUSAND)      96

TABLE 51              POWER GENERATION: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2024–2030 (USD THOUSAND)      96

TABLE 52              POWER GENERATION: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2019–2023 (TON)               97

TABLE 53              POWER GENERATION: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2024–2030 (TON)               97

TABLE 54              OIL & GAS: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2019–2023 (USD THOUSAND)      98

TABLE 55              OIL & GAS: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2024–2030 (USD THOUSAND)      98

TABLE 56              OIL & GAS: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2019–2023 (TON)      98

TABLE 57              OIL & GAS: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2024–2030 (TON)      99

TABLE 58              CEMENT: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2019–2023 (USD THOUSAND)      99

TABLE 59              CEMENT: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2024–2030 (USD THOUSAND)      100

TABLE 60              CEMENT: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2019–2023 (TON)      100

TABLE 61              CEMENT: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2024–2030 (TON)      100

TABLE 62              MARINE: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2019–2023 (USD THOUSAND)      101

TABLE 63              MARINE: OPEN GEAR LUBRICANTS MARKET, BY REGION,

2024–2030 (USD THOUSAND)      101

TABLE 64              MARINE: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2019–2023 (TON)             102

TABLE 65              MARINE: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2024–2030 (TON)             102

TABLE 66              OTHER END-USE INDUSTRIES: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2019–2023 (USD THOUSAND)      102

TABLE 67              OTHER END-USE INDUSTRIES: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2024–2030 (USD THOUSAND)      103

TABLE 68              OTHER END-USE INDUSTRIES: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2019–2023 (TON)      103

TABLE 69              OTHER END-USE INDUSTRIES: OPEN GEAR LUBRICANTS MARKET, BY REGION, 2024–2030 (TON)      104

TABLE 70              OPEN GEAR LUBRICANTS MARKET, BY REGION, 2019–2023 (USD THOUSAND)      106

TABLE 71              OPEN GEAR LUBRICANTS MARKET, BY REGION, 2024–2030 (USD THOUSAND)      107

TABLE 72              OPEN GEAR LUBRICANTS MARKET, BY REGION, 2019–2023 (TON)               107

TABLE 73              OPEN GEAR LUBRICANTS MARKET, BY REGION, 2024–2030 (TON)               107

TABLE 74              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2019–2023 (USD THOUSAND)      109

TABLE 75              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2024–2030 (USD THOUSAND)      109

TABLE 76              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL, 2019–2023 (TON)                109

TABLE 77              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL, 2024–2030 (TON)                110

TABLE 78              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      110

TABLE 79              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      110

TABLE 80              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               111

TABLE 81              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               111

TABLE 82              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2019–2023 (USD THOUSAND)      111

TABLE 83              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2024–2030 (USD THOUSAND)      112

TABLE 84              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY, 2019–2023 (TON)              112

TABLE 85              ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY, 2024–2030 (TON)              112

TABLE 86              CHINA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      113

TABLE 87              CHINA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      113

TABLE 88              CHINA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               114

TABLE 89              CHINA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               114

TABLE 90              INDIA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      115

TABLE 91              INDIA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      115

TABLE 92              INDIA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               116

TABLE 93              INDIA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               116

TABLE 94              JAPAN: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      117

TABLE 95              JAPAN: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      117

TABLE 96              JAPAN: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               118

TABLE 97              JAPAN: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               118

TABLE 98              SOUTH KOREA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      119

TABLE 99              SOUTH KOREA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      119

TABLE 100            SOUTH KOREA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               120

TABLE 101            SOUTH KOREA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               120

TABLE 102            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2019–2023 (USD THOUSAND)      121

TABLE 103            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2024–2030 (USD THOUSAND)      122

TABLE 104            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2019–2023 (TON)               122

TABLE 105            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2024–2030 (TON)               122

TABLE 106            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2019–2023 (USD THOUSAND)                 123

TABLE 107            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2024–2030 (USD THOUSAND)                 123

TABLE 108            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2019–2023 (TON)         124

TABLE 109            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2024–2030 (TON)         124

TABLE 110            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2019–2023 (USD THOUSAND)      124

TABLE 111            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2024–2030 (USD THOUSAND)      125

TABLE 112            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2019–2023 (TON)               125

TABLE 113            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2024–2030 (TON)               125

TABLE 114            US: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      126

TABLE 115            US: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      126

TABLE 116            US: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2019–2023 (TON)              127

TABLE 117            US: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2024–2030 (TON)              127

TABLE 118            CANADA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      128

TABLE 119            CANADA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      129

TABLE 120            CANADA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               129

TABLE 121            CANADA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               130

TABLE 122            MEXICO: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      130

TABLE 123            MEXICO: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      131

TABLE 124            MEXICO: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               131

TABLE 125            MEXICO: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               132

TABLE 126            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2019–2023 (USD THOUSAND)      133

TABLE 127            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2024–2030 (USD THOUSAND)      134

TABLE 128            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL, 2019–2023 (TON)          134

TABLE 129            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL, 2024–2030 (TON)          134

TABLE 130            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      135

TABLE 131            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      135

TABLE 132            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               136

TABLE 133            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               136

TABLE 134            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2019–2023 (USD THOUSAND)      136

TABLE 135            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2024–2030 (USD THOUSAND)      137

TABLE 136            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY, 2019–2023 (TON)        137

TABLE 137            EUROPE: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY, 2024–2030 (TON)        137

TABLE 138            UK: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      138

TABLE 139            UK: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      138

TABLE 140            UK: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2019–2023 (TON)              139

TABLE 141            UK: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2024–2030 (TON)              139

TABLE 142            GERMANY: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      140

TABLE 143            GERMANY: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      140

TABLE 144            GERMANY: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               141

TABLE 145            GERMANY: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               141

TABLE 146            ITALY: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      142

TABLE 147            ITALY: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      142

TABLE 148            ITALY: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               143

TABLE 149            ITALY: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               143

TABLE 150            FRANCE: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      144

TABLE 151            FRANCE: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      144

TABLE 152            FRANCE: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               145

TABLE 153            FRANCE: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               145

TABLE 154            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2019–2023 (USD THOUSAND)      146

TABLE 155            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2024–2030 (USD THOUSAND)      146

TABLE 156            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2019–2023 (TON)               146

TABLE 157            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2024–2030 (TON)               147

TABLE 158            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2019–2023 (USD THOUSAND)      147

TABLE 159            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2024–2030 (USD THOUSAND)      147

TABLE 160            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2019–2023 (TON)   148

TABLE 161            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2024–2030 (TON)   148

TABLE 162            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2019–2023 (USD THOUSAND)      149

TABLE 163            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2024–2030 (USD THOUSAND)      149

TABLE 164            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2019–2023 (TON)               150

TABLE 165            MIDDLE EAST & AFRICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2024–2030 (TON)               150

TABLE 166            SAUDI ARABIA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      151

TABLE 167            SAUDI ARABIA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      152

TABLE 168            SAUDI ARABIA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               152

TABLE 169            SAUDI ARABIA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               153

TABLE 170            SOUTH AFRICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      153

TABLE 171            SOUTH AFRICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      154

TABLE 172            SOUTH AFRICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               154

TABLE 173            SOUTH AFRICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               155

TABLE 174            IRAN: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      155

TABLE 175            IRAN: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      156

TABLE 176            IRAN: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               156

TABLE 177            IRAN: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               157

TABLE 178            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2019–2023 (USD THOUSAND)      157

TABLE 179            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2024–2030 (USD THOUSAND)      157

TABLE 180            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2019–2023 (TON)               158

TABLE 181            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY BASE OIL,

2024–2030 (TON)               158

TABLE 182            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2019–2023 (USD THOUSAND)                 158

TABLE 183            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2024–2030 (USD THOUSAND)                 159

TABLE 184            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2019–2023 (TON)         159

TABLE 185            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY, 2024–2030 (TON)         160

TABLE 186            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2019–2023 (USD THOUSAND)      160

TABLE 187            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2024–2030 (USD THOUSAND)      160

TABLE 188            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2019–2023 (TON)               161

TABLE 189            SOUTH AMERICA: OPEN GEAR LUBRICANTS MARKET, BY COUNTRY,

2024–2030 (TON)               161

TABLE 190            BRAZIL: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      162

TABLE 191            BRAZIL: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      162

TABLE 192            BRAZIL: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               163

TABLE 193            BRAZIL: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               163

TABLE 194          ARGENTINA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (USD THOUSAND)      164

TABLE 195          ARGENTINA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (USD THOUSAND)      164

TABLE 196          ARGENTINA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2019–2023 (TON)               165

TABLE 197          ARGENTINA: OPEN GEAR LUBRICANTS MARKET, BY END-USE INDUSTRY,

2024–2030 (TON)               165

TABLE 198            OPEN GEAR LUBRICANTS MARKET: OVERVIEW OF KEY STRATEGIES

ADOPTED BY MAJOR PLAYERS  166

TABLE 199            OPEN GEAR LUBRICANTS MARKET: DEGREE OF COMPETITION, 2023       168

TABLE 200            OPEN GEAR LUBRICANTS MARKET: REGION FOOTPRINT       174

TABLE 201            OPEN GEAR LUBRICANTS MARKET: BASE OIL FOOTPRINT       175

TABLE 202            OPEN GEAR LUBRICANTS MARKET: END-USE INDUSTRY FOOTPRINT 176

TABLE 203            OPEN GEAR LUBRICANTS MARKET: DETAILED LIST OF KEY STARTUPS/SMES   178

TABLE 204            OPEN GEAR LUBRICANTS MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              179

TABLE 205            OPEN GEAR LUBRICANTS MARKET: DEALS, JANUARY 2021–MARCH 2025         181

TABLE 206            OPEN GEAR LUBRICANTS MARKET: EXPANSIONS, JANUARY 2021–MARCH 2025            183

TABLE 207            FUCHS SE: COMPANY OVERVIEW             184

TABLE 208            FUCHS SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             185

TABLE 209            FUCHS SE: DEALS             186

TABLE 210            KLÜBER LUBRICATION: COMPANY OVERVIEW                 188

TABLE 211            KLÜBER LUBRICATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    188

TABLE 212            KLÜBER LUBRICATION: EXPANSIONS    189

TABLE 213            CSW INDUSTRIALS, INC.: COMPANY OVERVIEW                 191

TABLE 214            CSW INDUSTRIALS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    192

TABLE 215            CSW INDUSTRIALS, INC.: DEALS                194

TABLE 216            CARL BECHEM GMBH.: COMPANY OVERVIEW                 195

TABLE 217            CARL BECHEM GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    195

TABLE 218            SHELL PLC: COMPANY OVERVIEW           197

TABLE 219            SHELL PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED             198

TABLE 220            SHELL PLC.: DEALS         199

TABLE 221            CHEVRON CORPORATION: COMPANY OVERVIEW          201

TABLE 222            CHEVRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    203

TABLE 223            TOTALENERGIES SE: COMPANY OVERVIEW                 204

TABLE 224            TOTALENERGIES SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    206

TABLE 225            EXXON MOBIL CORPORATION: COMPANY OVERVIEW          207

TABLE 226            EXXON MOBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    208

TABLE 227            EXXON MOBIL CORPORATION: EXPANSIONS                 209

TABLE 228            BP P.L.C.: COMPANY OVERVIEW                210

TABLE 229            BP P.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             211

TABLE 230            BP P.L.C.: DEALS               212

TABLE 231            PETRON CORPORATION: COMPANY OVERVIEW                 213

TABLE 232            PETRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    213

TABLE 233            SPECIALTY LUBRICANTS CORPORATION: COMPANY OVERVIEW   214

TABLE 234            SPECIALTY LUBRICANTS CORPORATION: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        214

TABLE 235            BEL-RAY LUBRICANTS: COMPANY OVERVIEW                 215

TABLE 236            LUBRIPLATE LUBRICANTS COMPANY: COMPANY OVERVIEW   215

TABLE 237            CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY OVERVIEW 216

TABLE 238            CRC INDUSTRIES: COMPANY OVERVIEW                 217

TABLE 239            TRI-CHEM CORPORATION: COMPANY OVERVIEW          218

TABLE 240            KLONDIKE LUBRICANTS CORPORATION: COMPANY OVERVIEW   219

TABLE 241            PHILLIPS 66: COMPANY OVERVIEW         220

TABLE 242            D-A LUBRICANT COMPANY: COMPANY OVERVIEW          221

TABLE 243            STATE INDUSTRIAL PRODUCTS: COMPANY OVERVIEW          222

TABLE 244            BIOBLEND RENEWABLE RESOURCES, LLC: COMPANY OVERVIEW   222

TABLE 245            CITGO LUBRICANTS: COMPANY OVERVIEW                 223

TABLE 246            SCHAEFFER MANUFACTURING CO.: COMPANY OVERVIEW          223

TABLE 247            PETRO-CANADA LUBRICANTS LLC: COMPANY OVERVIEW          224

TABLE 248            VERTEX LUBRICANTS: COMPANY OVERVIEW                 225

TABLE 249            EUROPE: GREASE MARKET, BY COUNTRY, 2018–2022 (KILOTON)                227

TABLE 250            EUROPE: GREASE MARKET, BY COUNTRY, 2023–2029 (KILOTON)                227

TABLE 251            EUROPE: GREASE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)       228

TABLE 252            EUROPE: GREASE MARKET, BY COUNTRY, 2023–2029 (USD MILLION)       228

TABLE 253            NORTH AMERICA: GREASE MARKET, BY COUNTRY, 2018–2022 (KILOTON)              228

TABLE 254            NORTH AMERICA: GREASE MARKET, BY COUNTRY, 2023–2029 (KILOTON)              228

TABLE 255            NORTH AMERICA: GREASE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)     229

TABLE 256            NORTH AMERICA: GREASE MARKET, BY COUNTRY, 2023–2029 (USD MILLION)     229

TABLE 257            ASIA PACIFIC: GREASE MARKET, BY COUNTRY, 2018–2022 (KILOTON)     229

TABLE 258            ASIA PACIFIC: GREASE MARKET, BY COUNTRY, 2023–2029 (KILOTON)     230

TABLE 259            ASIA PACIFIC: GREASE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)            230

TABLE 260            ASIA PACIFIC: GREASE MARKET, BY COUNTRY, 2023–2029 (USD MILLION)            231

TABLE 261            SOUTH AMERICA: GREASE MARKET, BY COUNTRY, 2018–2022 (KILOTON)              231

TABLE 262            SOUTH AMERICA: GREASE MARKET, BY COUNTRY, 2023–2029 (KILOTON)              231

TABLE 263            SOUTH AMERICA: GREASE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)     232

TABLE 264            SOUTH AMERICA: GREASE MARKET, BY COUNTRY, 2023–2029 (USD MILLION)     232

TABLE 265            MIDDLE EAST & AFRICA: GREASE MARKET, BY COUNTRY, 2018–2022 (KILOTON)              232

TABLE 266            MIDDLE EAST & AFRICA: GREASE MARKET, BY COUNTRY, 2023–2029 (KILOTON)              233

TABLE 267            MIDDLE EAST & AFRICA: GREASE MARKET, BY COUNTRY,

2018–2022 (USD MILLION)            233

TABLE 268            MIDDLE EAST & AFRICA: GREASE MARKET, BY COUNTRY,

2023–2029 (USD MILLION)            234

LIST OF FIGURES

FIGURE 1              OPEN GEAR LUBRICANTS MARKET SEGMENTATION AND REGIONAL SCOPE              25

FIGURE 2              OPEN GEAR LUBRICANTS MARKET: RESEARCH DESIGN                29

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE SHARE OF MAJOR PLAYERS              32

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS (BOTTOM-UP)          33

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – BOTTOM UP

(DEMAND SIDE): PRODUCTS SOLD         33

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – TOP-DOWN          34

FIGURE 7              OPEN GEAR LUBRICANTS MARKET: DATA TRIANGULATION             35

FIGURE 8              MARKET GROWTH PROJECTION FROM SUPPLY SIDE      36

FIGURE 9              MARKET GROWTH PROJECTION FROM DEMAND-SIDE DRIVERS

AND OPPORTUNITIES   37

FIGURE 10            MINERAL OIL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030             39

FIGURE 11            MINING SEGMENT LED OPEN GEAR LUBRICANTS MARKET IN 2023   40

FIGURE 12            ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2023 41

FIGURE 13            RISING DEMAND FOR OPEN GEAR LUBRICANTS IN MINING AND CEMENT INDUSTRIES TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS              42

FIGURE 14            MINERAL OIL SEGMENT LED ASIA PACIFIC OPEN GEAR LUBRICANTS

MARKET IN 2023                43

FIGURE 15            ASIA PACIFIC TO BE LARGEST MARKET FOR OPEN GEAR LUBRICANTS IN 2030             43

FIGURE 16            MINING SEGMENT DOMINATED MARKET IN ALL REGIONS IN 2023     44

FIGURE 17            INDIA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       44

FIGURE 18            OPEN GEAR LUBRICANTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          46

FIGURE 19            OPEN GEAR LUBRICANTS MARKET: PORTER’S FIVE FORCES ANALYSIS 53

FIGURE 20            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE

END-USE INDUSTRIES   55

FIGURE 21            KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              56

FIGURE 22            OPEN GEAR LUBRICANTS MARKET: SUPPLY CHAIN ANALYSIS              58

FIGURE 23            AVERAGE SELLING PRICE TREND OF OPEN GEAR LUBRICANTS OFFERED

BY KEY PLAYERS, BY END-USE INDUSTRY, 2023 (USD/KG)                 59

FIGURE 24            AVERAGE SELLING PRICE TREND OF OPEN GEAR LUBRICANTS,

BY REGION, 2021–2030 (USD/KG)               60

FIGURE 25            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   61

FIGURE 26            OPEN GEAR LUBRICANTS MARKET: ECOSYSTEM ANALYSIS  62

FIGURE 27            IMPORT DATA RELATED TO HS CODE 2710-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2018–2023 (USD BILLION)      66

FIGURE 28            EXPORT DATA RELATED TO HS CODE 2710-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2018–2023 (USD BILLION)      67

FIGURE 29            PATENTS REGISTERED FOR OPEN GEAR LUBRICANTS, 2014–2024                 72

FIGURE 30            LIST OF MAJOR PATENTS RELATED TO OPEN GEAR LUBRICANTS, 2014–2024    73

FIGURE 31            OPEN GEAR LUBRICANTS MARKET: LEGAL STATUS OF PATENTS

FILED, 2014–2024               75

FIGURE 32            MAXIMUM PATENTS FILED IN JURISDICTION OF US, 2014–2024               76

FIGURE 33            OPEN GEAR LUBRICANTS MARKET: IMPACT OF AI/GEN AI            76

FIGURE 34            MINERAL OIL SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 80

FIGURE 35            MINING SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       90

FIGURE 36            ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD         106

FIGURE 37            ASIA PACIFIC: OPEN GEAR LUBRICANTS MARKET SNAPSHOT       108

FIGURE 38            NORTH AMERICA: OPEN GEAR LUBRICANTS MARKET SNAPSHOT       121

FIGURE 39            EUROPE: OPEN GEAR LUBRICANTS MARKET SNAPSHOT          133

FIGURE 40            OPEN GEAR LUBRICANTS MARKET SHARE ANALYSIS, 2023  169

FIGURE 41            OPEN GEAR LUBRICANTS MARKET: REVENUE ANALYSIS OF

KEY PLAYERS, 2019–2023 (USD THOUSAND)         170

FIGURE 42            OPEN GEAR LUBRICANTS MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023       172

FIGURE 43            OPEN GEAR LUBRICANTS MARKET: COMPANY FOOTPRINT       173

FIGURE 44            OPEN GEAR LUBRICANTS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 178

FIGURE 45            OPEN GEAR LUBRICANTS MARKET: BRAND/PRODUCT COMPARISON             179

FIGURE 46            OPEN GEAR LUBRICANTS MARKET: EV/EBITDA OF KEY COMPANIES       180

FIGURE 47            OPEN GEAR LUBRICANTS MARKET: ENTERPRISE VALUATION (EV)

OF KEY PLAYERS (USD BILLION)               181

FIGURE 48            FUCHS SE: COMPANY SNAPSHOT             185

FIGURE 49            CSW INDUSTRIALS, INC.: COMPANY SNAPSHOT                 192

FIGURE 50            SHELL PLC: COMPANY SNAPSHOT           198

FIGURE 51            CHEVRON CORPORATION: COMPANY SNAPSHOT          202

FIGURE 52            TOTALENERGIES SE: COMPANY SNAPSHOT                 205

FIGURE 53            EXXON MOBIL CORPORATION: COMPANY SNAPSHOT          208

FIGURE 54            BP P.L.C.: COMPANY SNAPSHOT               211