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North America Paper Machine Oil Market Size

Report ID: GMI5187
Published Date: Dec 2024
Report Format: PDF

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North America Paper Machine Oil Market Size

The North America paper machine oil market was valued at USD 113.1 million in 2024 and is estimated to grow at a CAGR of over 2.6% from 2025 to 2034.

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Paper machine oils are multi-functional lubricants used in wet- & dry-end circulating oil systems of paper machines. They are specially designed to protect the metal surfaces and lubricate the moving parts of machines to further ensure a smooth & efficient operation of the paper machines. The rising demand for paper from the packaging industry is one of the significant factors driving the market growth.

North America Paper Machine Oil Market Report Attributes
Report Attribute	Details
Base Year:	2024
North America Paper Machine Oil Market Size in 2024:	USD 113.1 Million
Forecast Period:	2025 - 2034
Forecast Period 2025 - 2034 CAGR:	2.6%
2034 Value Projection:	USD 148.6 Million
Historical Data for:	2021 - 2024
No. of Pages:	310
Tables, Charts & Figures:	320
Segments covered:	By Product, Machine Type, End Use
Growth Drivers:	Flourishing demand for paper-based products in packaging industry and hygiene products Replacing plastic packaging for food application Growing awareness toward sustainable packing material and recyclability of papers
Pitfalls & Challenges:	High cost of synthetic paper machine oil

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The increasing demand for upstream products, such as paper bags, coated papers, paper towels, tissue papers, and hygiene products, is raising investments in new production equipment and facilities. Additionally, growing need for cardboard packaging owing to rapidly rising e-commerce activities is driving the paper & paperboard industry growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The North America market size for paper machine oil was valued at USD 113.1 million in 2024 and is projected to reach USD 148.6 million by 2034, driven by a CAGR of over 2.6% from 2025 to 2034, supported by the rising demand for paper in the packaging industry.

Cylinder machines held a 51% market share in 2024, driven by their efficiency in producing high-quality paperboard and specialty papers, aligning with the growing demand for sustainable packaging solutions.

The U.S. paper machine oil market was valued at USD 92.2 million in 2024, fueled by the increasing demand for packaging materials and investments in specialty and recycled paper production.

Major players in the market include Bechem GmbH, Brewer Hendley Oil Corporation, Castrol, Chevron Corporation, Exxon Mobil Corporation, Fuchs Schmierstoffe, Interlube Corporation, Kluber Lubrication, Petro Canada Lubricants, and Phillips 66 Company.