Polyolesters For Bio-based Lubricants And Lubricant Additives Market

By Product Type;

Pentaerythritols, Neopentyl Glycols, Trimethylolpropane and Others

By Application;

Automotive Lubricant, Greases, Aviation Oil, Compressor Oil, Industrial Gear Oil, Metalworking Oil and Others

By End User;

Construction, Automotive, Marine, Energy & Power, Food Processing and Others

By Distribution Channel;

Direct Sales, Distributors and Online Retail

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn145557892 Published Date: September, 2025 Updated Date: October, 2025

Polyolesters For Bio-based Lubricants And Lubricant Additives Market Overview

Polyolesters for Bio-based Lubricants and Lubricant Additives Market (USD Million)

Polyolesters for Bio-based Lubricants and Lubricant Additives Market was valued at USD 699.40 million in the year 2024. The size of this market is expected to increase to USD 1,101.23 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.7%.


Polyolesters For Bio-based Lubricants And Lubricant Additives Market

*Market size in USD million

CAGR 6.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.7 %
Market Size (2024)USD 699.40 Million
Market Size (2031)USD 1,101.23 Million
Market ConcentrationMedium
Report Pages352
699.40
2024
1,101.23
2031

Major Players

  • Croda International Plc
  • NOF CORPORATION
  • Oleon NV
  • Emery Oleochemicals
  • Peter Greven GmbH

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Polyolesters For Bio-based Lubricants And Lubricant Additives Market

Fragmented - Highly competitive market without dominant players


The Polyolesters for Bio-based Lubricants and Lubricant Additives Market is experiencing solid growth, driven by demand for eco-friendly and high-performance lubricants. Roughly 32% of bio-based lubricant blends include polyolesters, thanks to their oxidative stability, biodegradability, and thermal endurance. Their environmental advantages make them an increasingly critical solution.

Automotive and Transport Utilization
Nearly 38% of polyolester use is linked to the automotive and transport industries. Their superior lubricity, low volatility, and heat resistance ensure higher efficiency in engines, gear systems, and transmissions. With growing momentum toward sustainable mobility, polyolesters are being integrated as essential lubricant additives.

Industrial Equipment Applications
About 30% of market demand comes from industrial machinery, which requires high-load capacity, wear protection, and durability. Polyolesters are widely applied in turbines, compressors, and heavy equipment, where they deliver long-lasting performance. Their role in improving machinery reliability and reducing downtime makes them highly valuable.

Formulation and Blending Innovations
Innovation in lubricant chemistry is expanding polyolester adoption, with nearly 28% of R&D investments targeting advanced formulations. Their compatibility with synthetic oils and performance additives provides superior solutions. These developments are driving tailored formulations for automotive, industrial, and specialty lubricant needs.

Future Market Prospects
The future of the Polyolesters Market in bio-based lubricants looks strong, supported by sustainability initiatives, innovation, and industrial adoption. Over 40% of eco-lubricant projects incorporate polyolesters due to their biodegradability, efficiency, and adaptability. This positions them as a cornerstone of next-generation lubrication technologies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Polyolesters for Bio-based Lubricants and Lubricant Additives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Sustainability Initiatives Boosting Demand
        2. Regulatory Support for Bio-based Products
        3. Performance Advantages Over Conventional Lubricants
      2. Restraints
        1. High Initial Costs of Bio-based Lubricants
        2. Limited Supply Chain Infrastructure
        3. Perceived Performance Gaps in Certain Applications
      3. Opportunities
        1. Growing Awareness Among End-users
        2. Technological Advancements in Bio-based Lubricants
        3. Expansion in Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Polyolesters For Bio-based Lubricants And Lubricant Additives Market, By Product Type, 2021 - 2031 (USD Million)
      1. Pentaerythritols
      2. Neopentyl Glycols
      3. Trimethylolpropane
      4. Others
    2. Polyolesters For Bio-based Lubricants And Lubricant Additives Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive Lubricant
      2. Greases
      3. Aviation Oil
      4. Compressor Oil
      5. Industrial Gear Oil
      6. Metalworking Oil
      7. Others
    3. Polyolesters For Bio-based Lubricants And Lubricant Additives Market, By End User, 2021 - 2031 (USD Million)
      1. Construction
      2. Automotive
      3. Marine
      4. Energy & Power
      5. Food Processing
      6. Others
    4. Polyolesters For Bio-based Lubricants And Lubricant Additives Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Direct Sales
      2. Distributors
      3. Online Retail
    5. Polyolesters for Bio-based Lubricants and Lubricant Additives Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ExxonMobil
      2. Shell
      3. Fuchs Petrolub
      4. TotalEnergies
      5. Cargill
      6. Panolin AG
      7. Klüber Lubrication
      8. Emery Oleochemicals
      9. Croda International
      10. NOF CORPORATION
      11. Ecogreen Oleochemicals
      12. Dowpol Corporation
      13. Peter Greven GmbH & Co. KG
      14. Oleon NV
      15. BioBlend Renewable Resources
  7. Analyst Views
  8. Future Outlook of the Market