Global Agricultural Lubricants Market Statistics:

Market Size in 2025: USD 6.32 billion

Market Size in 2032:  USD 7.82 billion
Market Growth Rate 2026-2032: CAGR 3.61% 

According to The Report Cube’s latest research study Global Agricultural Lubricants Market is anticipated to register a CAGR of around 3.61% during the forecast period, 2026–2032. The market is valued at approximately USD 6.32 billion in 2025 and is projected to reach nearly USD 7.82 billion by 2032.

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Global Agricultural Lubricants Market Drivers:

·       Driver: Rising Mechanization of Agriculture to Instigate Market Expansion

The worldwide surge in agricultural machinery employment, including harvesters, tractors, and tillers, is driving the demand for agricultural lubricants. Also, with farmers targeting greater productivity & yield optimization, the dependence on automated & semi-automated equipment has expanded considerably. This trend is specifically pronounced in developing economies such as India & Brazil, where governments offer subsidies to encourage agricultural transformation. Moreover, high-performance lubricants are vital for the effective functioning of these machines, safeguarding smooth operation, reducing wear & tear, and minimizing downtime, eventually improving farming output.

According to the report, prominent players operating in the market include:

• Repsol SA
• Pennine Lubricants Limited
• Frontier Performance Lubricants Inc.
• Unil Lubricants
• BP plc
• Rymax Lubricants
• Chevron Corporation
• Royal Dutch Shell
• Schaeffer Manufacturing Co.
• Witham Oil & Paint Ltd
• Total SA
• FUCHS PETROLUB SE
• Cougar Lubricants International Ltd
• Exol Lubricants Limited
• Exxon Mobil Corporation

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Key Market Segmentation

• Market Share, By Product
  • Engine Oil
  • Transmission Oil
  • Hydraulic Fluid
  • Grease
  • Others
• Market Share, By Application
  • Gears & Transmission
  • Hydraulics
  • Greasing
  • Implements
  • Engines
• Market Share, By Region
  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Recent News and Developments in Global Agricultural Lubricants Market

• Chevron Corporation introduced its new line of Delo® 600 ADF lubricants, primarily designed for agricultural equipment to decrease ash build-up & extend drain intervals, enhancing performance in farm machinery operations.
• FUCHS PETROLUB SE unveiled its RENOLIN AGRIFARM BIO range in Europe, a line of bio-based lubricants established to meet sustainability goals & decrease environmental impact in exhaustive farming operations.

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