Biolubricants, also known as bio-based lubricants or bio-lubes, are made from a variety of vegetable oils, such as rapeseed, canola, sunflower, soybean, palm, and coconut oils.
Global Biolubricants key players include Exxon Mobil, Shell, British Petroleum., TOTAL, Chevron, etc. Global top five manufacturers hold a share about 55%.
North America is the largest market, with a share over 40%, followed by Europe, and Asia (Ex. China), both have a share about 50 percent.
In terms of product, Vegetable Oil is the largest segment, with a share over 80%. And in terms of application, the largest application is Industrial Use, followed by Consumer Automobile, Commercial Transport.

Market Analysis and Insights: Global and China Biolubricants Market
This report focuses on global and China Biolubricants market.
In 2020, the global Biolubricants market size was US$ 2693 million and it is expected to reach US$ 3939.4 million by the end of 2027, with a CAGR of 5.5% during 2021-2027. In China the Biolubricants market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Biolubricants Scope and Market Size
Biolubricants market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Biolubricants market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Biolubricants market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Vegetable Oil
Animal Oil

Segment by Application
Industrial Use
Commercial Transport
Consumer Automobile

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Exxon Mobil
Shell
British Petroleum.
TOTAL
Chevron
Renewable Lubricants
Panolin
UBL
Statoil Lubricants
Binol Biolubricants