Forestry Lubricants Market Size - By Product, Application, End-Use Analysis, Share, Growth Forecast, 2025 - 2034

Report ID: GMI5164
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Published Date: November 2024
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Report Format: PDF

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Forestry Lubricants Market Size

The global forestry lubricants market held a size of USD 4.9 billion in 2024 and is projected to expand to over 3.6% CAGR from 2025 to 2034.
 

forestry lubricants market

In the case of the forestry machines like chains saws, loaders, and harvesters, special oils and greases are used which are very important for servicing these machines. These oils and greases are specially formulated and engineered to withstand extreme conditions of friction and wear. This is why forestry lubricants serve as a primary market. The FAO reported that the 2021 estimation of global round wood production reached 3.91 billion cubic meters which is a 4% increment from the previous year.
 

Also, as noted by the United States Forest Service, the American products industry had 940,000 employees in 2021 and contributed over USD 231 billion to the US economy. Such figures pave the way for a possible increase of demand for lubricants due to unsatisfied mechanization requirements in the forestry economy and the requirement of organic lubricants.
 

Forestry Lubricants Market Trends

Along with the technological advancement, it can be expected that entire forestry lubricants industry will grow as a result of increased focus on environmental sustainability. According to FAO, the global forest area in 2021 was 4.06 billion hectares, accounting over 31% of the earth land surface. Suffice it to say, this observance makes the need for forestry lubricants imperative.
 

U.S. Bureau of Economic Analysis reports that the United States consumed approximately 19.89 million barrels of lubricants annually which also include serving of the forestry operations. Eurostat records indicates that in 2021, the EU-27 recorded an output of 488 million cubic meters of roundwood, which indicates intensive forestry activities that require advanced lubrication technology. This is corroborated by the oil-safety concerns in tandem with the better lubricant technology that needs to be utilized in forestry machinery.
 

Forestry Lubricants Market Analysis

The forestry lubricants industry is growing as the global forestry industry continues to get mechanized. According to the FAO, global roundwood production in 2021 equaled to 3.91 billion cubic meters which translates to more forestry equipment as well as relevant lubricants. The economic contribution of United States national forests and grasslands rose to USD 13.5 billion – this is an affirmation on the importance asserted by the United States Forest Service.
 

The production of roundwood by EU-27 in 2021 reached 488 million cubic meters, as stated by Eurostat. This activity serves as further proof of intensive forestry operations in the region. Shift towards the sustainable paradigm enhances the focus towards environmentally friendly development.
 

As reported by the European Commission, the shift towards sustainable development is one of the factors that has contributed to the increased focus on the use of biodegradable oils. Such developments, along with other innovations in the synthetic and bioderived oil markets, are primary contributors to the growth and diversification of the forestry sector in North America, Europe, and the recently developed Asian and Latin American countries.
 

Global Forestry Lubricants Market Size, By Type, 2021 - 2034 (USD Billion)

The synthetic segment held over USD 2.3 billion in 2024, growing at a CAGR of over 4% during the forecast period. The expectations include business from the forestry lubricants market, which previously has not been dominant. Tools used in forestry working environments are expected to perform in very low and high temperature environments and under heavy loads.
 

Compared to conventional lubricants, the most notable advantages that synthetic lubricants are expected to offer include superior thermal stability, oxidation stability, and longer service life. This in turn translates into reduced maintenance and equipment wear.
 

Furthermore, their application is being accepted as reasonable forestry operations become more cost effective and practically responsible in light of greater regulations to protect the environment. Moreover, the scope of usage is broadening to other regions as North America and Europe have more advanced forestry machinery and other developing countries have increased mechanization.
 

Global Forestry Lubricants Market Revenue Share, By Application, (2024)

The engine segment from forestry lubricants market was valued at USD 1.4 billion in 2024 and garner a 3.4% CAGR through 2025-2034. For chainsaws, harvesters, and loaders, forestry lubricants are critical to the engine's operation as they perform under severe working conditions. Forestry lubricants reduce friction, slow down parts depletion, and protect the engine from rust and other forms of corrosion.
 

During forestry activities, lubricants assist in accomplishing the work without difficulties and they withstand heavy weight and high pressure. Also, there is an increase in the use of bio-based lubricants to lower the adverse impacts on the environment. Moreover, these lubricants help in the cleaning of the engine as they do not allow deposits to accumulate which could cause inefficient fuel consumption and increase the maintenance costs and decrease the reliability of the forestry machinery.
 

The forestry lubricants market size from the OEMs segment is anticipated to experience around 3.9% CAGR during 2025-2034 with a market size of USD 1.4 billion in 2024. Original Equipment Manufacturers (OEMs) are challenged to produce high performance forestry equipment such as chainsaws, harvesters, and skidders that are fitted with well-designed and robust forestry lubricants.
 

These lubricating oils are formulated to mitigate friction, wear and tear on components and machines, and to enhance the tool’s performance within the harsh conditions of forestry. To achieve the desired level of machinery performance and operation, OEMs utilize custom grade lubricants that enable functionality and enhance machinery durability.
 

Furthermore, OEMs employ purpose-built lubricants designed for extreme operational conditions such as high loads, dirt, and temperature changes. To better protect chains, engines, and hydraulics, OEMs put into practice sophisticated synthetic and biodegradable materials that lessen the adverse environmental effects in conjunction with rules about the environment.
 

China Forestry Lubricants Market Size, 2021- 2034 (USD Million)

The China forestry lubricants market size dominated with a market size of USD 734.8 million in 2024 and expected to grow at a 4.3% CAGR in 2025-2034. The country’s expanding forestry sector and increased mechanization in the logging and wood processing industries primary contributes to growth in China’s market. Also, with the rise in environmental regulations, there is a high demand for biodegradable and synthetic lubricants.
 

In addition, because of China’s extensive timber production and reforestation, there is a growing need for specialized lubricants. These factors are driving the country’s focus on improving the efficiency and lifespan of its forestry machinery. With industrialization and increased concern for the environment, there are significant opportunities for China’s lubricant manufacturers to develop eco-friendly solutions for the forestry industry’s equipment.
 

Forestry Lubricants Market Share

Dynamic marketing strategies directed towards innovation and sustainability are rapidly emerging in the forestry lubricant market. Several companies are venturing into the production of lubricants that are clean and biodegradable to satisfy the new and modern legislation and the consumers’ needs. Many of them have developed business partnerships with manufacturers of forestry machinery and OEMs to develop lubricants specifically for their machines.
 

Moreover, companies are investing in the R&D of synthetic lubricants that are more effective and efficient for use in heavy-duty forestry equipment to improve the performance and lifespan of the equipment. Another strategy is penetrating new markets like Asia – Pacific and Latin America where there is already a rise in mechanization of forestry.
 

Forestry Lubricants Market Companies

Major players operating in the forestry lubricants industry are:

  • Amsoil Inc.
  • Bioblend Renewable Resources
  • Chevron Corporation
  • China Petroleum & Chemical Corporation (Sinopec Corp)
  • Elba Lubrication Inc.
  • Exxon Mobil Corporation
  • Frontier Performance Lubricants
  • Fuchs Petrolub SE
  • Klondike Lubricants Corporation
  • Kluber Lubrication
  • Lubrizol Corporation
  • Penine Lubricants
  • Petro Canada Lubricants
  • Petronas Lubricants International (PLI)
  • Phillips 66 Company
  • Repsol SA
  • Royal Dutch Shell
  • Rymax Lubricants
     

Forestry Lubricants Industry News

  • In July 2021, Cortec Corporation insisted loggers to opt for sustainable forestry practices by using EcoLine biobased lubricants in their daily equipment maintenance.
     

This forestry lubricants market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) & volume (Kilo Tons) from 2021 to 2034, for the following segments:

Market, By Product

  • Synthetic
  • Synthetic blend oil
  • Bio-based
  • Mineral

Market, By Application

  • Engine
  • Transmission & Gears
  • Hydraulics
  • Greasing
  • Chain oils/Saw guide oils
  • Paper machine oil
  • Others

Market, By End-Use

  • OEMs
  • Sawmills
  • Paper & Paperboard mills
  • Wood products manufacturing
  • Harvesting/Logging
  • Biomass pellet mills
  • Pulp mills
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia 
  • Latin America
    • Brazil
    • Mexico 
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

Authors: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :
What is the size of the China forestry lubricants industry?
The China forestry lubricants market was valued at USD 734.8 million in 2024 and is expected to grow at a 4.3% CAGR from 2025 to 2034, driven by the expanding forestry sector and increasing mechanization in logging and wood processing industries.
Who are some of the prominent players in the forestry lubricants industry?
Why is the synthetic segment gaining traction in the forestry lubricants industry?
How big is the global forestry lubricants market?
Forestry Lubricants Market Scope
  • Forestry Lubricants Market Size
  • Forestry Lubricants Market Trends
  • Forestry Lubricants Market Analysis
  • Forestry Lubricants Market Share
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    Base Year: 2024

    Companies covered: 20

    Tables & Figures: 165

    Countries covered: 18

    Pages: 235

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