Aircraft Lubricant Market
                     Aircraft Lubricant Market Opportunities, Drivers, Manufacturers, Analysis and Forecasts Till 
2026
Aircraft Lubricant Market: Introduction
Lubricants  are  organic  compounds  that  are  used  to  reduce  friction  and  withstand  extreme
temperature between the surfaces. These lubricants are available in the form of greases and oils
for applications in gas turbine, piston, hydraulic, wheel bearing, and others. Oil creates a seal
between cylinder walls and piston rings, which helps in reducing friction and facilitates better
compression. Moreover, it also keeps contaminants away and improves fuel efficiency.
Download PDF with Recent all Updates & Trending Key Players: https://www.coherentmarketinsights.com/
insight/request-pdf/2387
Aircraft Lubricant Market: Dynamics
Rising number of  passengers  travelling via aircrafts  across the globe is  expected to increase
demand for aircrafts, which in turn, would propel demand for aircraft lubricants in the global
market. According to the World Bank, in 2017, 3.9 billion passengers travelled through aircrafts,
which increased from 3.4 billion passengers in 2015, globally. The data includes both domestic
and international air passengers.
Apart from its basic functions such as reducing friction, sealing, cooling, cleaning, and facilitating
protection for moving parts, other vital functions such as constant viscosity and thermal stability
during the time of high temperature and pressure is expected to increase demand for aircraft
lubricants in the global market in the near future.
Aircraft Lubricant Market: Regional Outlook
North America is expected to account for major share in the aircraft lubricant market, owing to
rising passenger traffic in the U.S., which may propel demand for aircrafts, thereby increasing
demand  for  aircraft  lubricant  in  the  global  market.  According  to  the  U.S.  Department  of
Transportation’s Bureau of Transportation Statistics (BTS), in 2017, the U.S. airlines carried 965
million passengers, which increased from 897.6 million passengers in 2016.
Asia Pacific is expected to witness significant growth during the forecast period. This is owing to
increasing  investments  in  the  aircraft  industry  and  growing  tourism industry,  specifically  in
emerging economies such as China and India. According to the UNWTO Barometer and Bureau of
Immigration,  in  2016,  408.9  million  international  tourists  arrived  in  India  from  countries
including  France,  the  U.S.,  Spain,  China,  Italy,  the  U.K.,  Germany,  Mexico,  Thailand,  and
Turkey. The growing tourism industry may propel demand for aircrafts, thereby increasing the
demand for aircraft lubricant in the near future.
Furthermore, in 2017, the Civil Aviation Administration of China (CAAC) announced 13th five
year plans, which objectifies to develop over 5000 general aviation aircrafts and 500 general
aviation airports. The CAAC will encourage private investors to invest in this project. This project
is expected to fuel demand for aircraft lubricant in the market over the forecast period.
To know the latest trends and insights prevalent in this market, click the link: 
https://www.coherentmarketinsights.com/ongoing-insight/aircraft-lubricant-market-2387
Aircraft Lubricant Market: Competitive Landscape
Key players operating in the market include  Shell Inc., Aviation Chemical Solutions, Eastman
Chemical  Company,  Exxon  Mobil  Corporation,  Avioparts,  Kluber,  Morris  Lubricants,  The
Chemours Company, and Molykote.
Major  players  in  the  market  are  adopting  strategies  such  as  product  launches,  business
expansions, partnerships & collaborations, mergers & acquisitions, and others to strengthen their
foothold in the global market. For instance, in 2017, Shell Global announced the launch of piston
engine oil in South Africa. The oil is specifically made for light sport aircraft and very light/ultra-
light aircraft four stroke engines and provides protection and lubricity.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready
syndicated research reports, custom market analysis, consulting services, and competitive 
analysisthrough various recommendations related to emerging market trends, technologies, and 
potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]