Lube-Tech PUBLISHED BY LUBE: THE EUROPEAN LUBRICANTS INDUSTRY MAGAZINE
Introduction Lubricants are essential substances to industrial efficiency due to their mitigation of energy loss. Analysis done by a range of major sectors claim friction and wear account for about 23% of global energy consumption [1]. Moreover, lubricants are convenient for a variety of purposes including heat generation, forming protective coatings, and overall improving functionality. Considering the growing demand in production for automobiles and generally machine-produced goods, the global lubricant market is expected to continually increase. In 2021, the global lubricant market garnered a revenue of $132.44 billion and is at an estimated value of $150.25 billion in 2025 [1, 2]. This number is projected to reach $196.53 billion in seven years with an annual compound growth rate of nearly 4% [1]. Additionally, bio-lubricants, an ascendant sector in the tribology market, is garnering investments and attention. Bio-lubricants have a projected compound growth rate of 13.7. Figures 1 and 2, below, demonstrate the growth trends of both markets, with bio-lubricants expanding four times faster than the overall market and increasing their market share [2].
Bio-lubricants, a plant oil-based alternative, has been a speculative candidate for replacing petroleum-based lubricants. Bio-lubricants possess environmentally friendly traits such as extremely high biodegradability,
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Optimising lubricant molecules at the genetic level
Dr. Raj Shah, Gavin Thomas, Joseph Contreras, Mathew Roshan, Koehler Instrument Company Inc.
low toxicity, and high availability due to plant oils being in large demand, exceeding traditional lubricants by up to 5.5 times [1].
Bio-lubricant market (USD, billions)
Figure 1: Projection of the bio-lubricant market (USD, billions); estimated based on growth rate.
Overall lubricants market (USD, billions)
Figures 2: Projection of the total lubricant market (USD, billions); estimated based on growth rate.
LUBE MAGAZINE NO.191 FEBRUARY 2026
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