Gear Oil Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Global Gear Oil Market Report is segmented by Product Type (Transportation and Industrial), End-user Industry (Power Generation, Automotive and Other Transportation, Heavy Equipment, Metallurgy and Metalworking, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, Middle East, and Africa).

Gear Oil Market Size

Market summary - Silicate coatings Market

Gear Oil Market Analysis

The Gear Oils Market is expected to register a CAGR of less than 2% during the forecast period.

  • Growing demand from the wind energy sector is expected to drive the demand for the market during the forecast period.
  • Increasing drain intervals in the automotive and industrial sectors are likely to hinder the market’s growth.
  • Industrial growth in Middle-East & Africa is projected to act as an opportunity for the market in future.

Gear Oil Industry Overview

The gear oils market is partially consolidated. Key players in the gear oils market include ExxonMobil Corporation, Royal Dutch Shell PLC, BP PLC, FUCHS, and Total SA.

Gear Oil Market Leaders

  1. ExxonMobil Corporation

  2. Royal Dutch Shell PLC

  3. BP PLC

  4. FUCHS

  5. Total SA

  6. *Disclaimer: Major Players sorted in no particular order
Market Concentration - Silicate coatings Market
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Gear Oil Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Demand from the Wind Energy Sector
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Increasing Drain Intervals in the Automotive And Industrial Sectors
    • 4.2.2 Other Restraints
  • 4.3 Value Chain / Supply Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Product Type
    • 5.1.1 Transportation
    • 5.1.1.1 Manual Gearbox
    • 5.1.1.2 Automatic Gearbox (CVT, DCT, etc.)
    • 5.1.1.3 Axle Oils
    • 5.1.2 Industrial
  • 5.2 End-user Industry
    • 5.2.1 Power Generation
    • 5.2.2 Automotive & Other Transportation
    • 5.2.3 Heavy Equipment
    • 5.2.4 Metallurgy & Metalworking
    • 5.2.5 Other End-user Industries
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 ASEAN Countries
    • 5.3.1.6 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Mexico
    • 5.3.2.3 Canada
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 France
    • 5.3.3.3 United Kingdom
    • 5.3.3.4 Italy
    • 5.3.3.5 Russia
    • 5.3.3.6 Spain
    • 5.3.3.7 Turkey
    • 5.3.3.8 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 Rest of the Middle East
    • 5.3.6 Africa
    • 5.3.6.1 Egypt
    • 5.3.6.2 South Africa
    • 5.3.6.3 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 BP PLC
    • 6.4.2 China Petroleum & Chemical Corporation (Sinopec)
    • 6.4.3 Chevron Corporation
    • 6.4.4 ExxonMobil Corporation
    • 6.4.5 FUCHS
    • 6.4.6 Gazprom Neft PJSC
    • 6.4.7 Gulf Oil Corporation Limited
    • 6.4.8 Idemitsu Kosan Co. Ltd
    • 6.4.9 Indian Oil Corporation Ltd
    • 6.4.10 JX Nippon Oil & Energy Corporation
    • 6.4.11 Kemipex
    • 6.4.12 Lukoil
    • 6.4.13 Royal Dutch Shell PLC
    • 6.4.14 Total SA
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Industrial Growth in Middle-East and Africa
  • 7.2 Other Opportunities
**Subject to Availability
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Gear Oil Industry Segmentation

The gear oils market report includes:

Product Type Transportation Manual Gearbox
Automatic Gearbox (CVT, DCT, etc.)
Axle Oils
Industrial
End-user Industry Power Generation
Automotive & Other Transportation
Heavy Equipment
Metallurgy & Metalworking
Other End-user Industries
Geography Asia-Pacific China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Mexico
Canada
Europe Germany
France
United Kingdom
Italy
Russia
Spain
Turkey
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East Saudi Arabia
United Arab Emirates
Rest of the Middle East
Africa Egypt
South Africa
Rest of Africa
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Gear Oil Market Research FAQs

What is the current Gear Oils Market size?

The Gear Oils Market is projected to register a CAGR of less than 2% during the forecast period (2025-2030)

Who are the key players in Gear Oils Market?

ExxonMobil Corporation, Royal Dutch Shell PLC, BP PLC, FUCHS and Total SA are the major companies operating in the Gear Oils Market.

Which is the fastest growing region in Gear Oils Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Gear Oils Market?

In 2025, the Asia Pacific accounts for the largest market share in Gear Oils Market.

What years does this Gear Oils Market cover?

The report covers the Gear Oils Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Gear Oils Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Gear Oils Industry Report

Statistics for the 2025 Gear Oils market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Gear Oils analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Gear Oils Market Report Snapshots

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Gear Oil Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)