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North America Paper Machine Oil Market Trends

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

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North America Paper Machine Oil Market Trends

The North America paper machine oil industry is experiencing growth driven by the rising demand for specialty paper products and the expansion of the packaging sector. With increasing automation in paper mills, the need for high-performance lubricants that enhance equipment efficiency and reduce downtime is escalating. Bio-based and eco-friendly oils are gaining traction due to stringent environmental regulations and sustainability goals. Additionally, technological advancements in oil formulations, such as improved thermal stability and wear resistance, are fostering market innovation. Regional demand is further supported by investments in modernizing paper mill operations across the United States and Canada.

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.