This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Turbine Oils Market

Market Insights on Turbine Oils covering sales outlook, demand forecast & up-to-date key trends

Turbine Oils Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment; 2017 - 2027

Turbine Oils Market Overview

Primary use of turbine oils has been as lubricants for turbine applications. Existing generation of turbine oils comprise high quality-base stocks. They possess a long anti-oxidation life, and considerably restrict rusting of the equipment even at high temperatures. Some of the turbine oils contain additives used for reduction of wear & tear, thereby contributing to longer life of the equipment.

Turbine oils are oils of high quality with excellent water-separating properties. Conventional turbine oils were mineral based, and were maintained to eliminate external contamination & oxidation products. In recent times, development of environmentally friendly bio-based turbine oils are anticipated to witness relatively faster growth in penetration, especially in Europe and in North America.

Also, use of bio-based turbine oils has been reported to be relatively more economical, as less concentration of oil is required as compared to conventional metalworking fluids. Also, these types of turbine oils display exceptional oxidation & thermal stability, and superior anti-wear properties. Besides, there has been an increasing focus on application of turbine oils as a substitute for rock drill and air tool lubricants for pneumatic applications.

This is so because the conventionally used rock drill and air tool lubricants usually comprise high pressure material fatty oils and fatty acids which are easily oxidized and degraded.

This disadvantage can be eliminated by using turbine oils, which have relatively superior properties & hence, do not adversely affect component parts, tubing & seals. Considering these important aspects of applications of turbine oils, the study of the turbine oils market becomes an important read.

Customize this Report

Let us know your requirement to get
100% FREE customization

Turbine Oils Market: Key Trends, Drivers

In the past few years, there have been increasing concerns pertaining to reduction of carbon emissions, as a result, lubricant end users are preferring use of environmentally friendly turbine oils over that of conventional metalworking fluids.

The trend is expected to continue in the future years. Besides, rising demand for electricity in regions across the globe, has resulted in increasing need for installation of new gas, steam and hydroelectric power turbines. Also, increasingly stringent regulations pertaining to carbon emissions are being implemented by various countries across the globe.

These demand higher performance of turbines, which has been translating into rising demand for turbine oils from heavy engineering industry. Also, major manufacturers of turbines, such as General Electric and Siemens, have been investing substantially in the development of advanced turbines, which is expected to, in turn, drive the demand for turbine oils.

In applications where the lubricant needs to be fed into the air stream at a central point inside a plant and is displaced at some distance to numerous machines where the oil or the air mist could be exhausted inside, turbine oil has been found to be a preferential choice.

This restricts harmful environmental effects as well as ensures safety of the components & personnel on the plant. These advantages have been fuelling the demand of turbine oils even further.

Furthermore, turbine oils have been finding multiple applications as lubricants. For instance, turbine oil manufacturers have been promoting the use of turbine oils for a diverse range of applications, such as air compressor, vacuum pump, bearing among other lubrication applications. Besides, turbine oils have also been finding increasing use as heat transfer oils.

Also, turbine oil manufacturers have been focusing on providing customers with custom-made specifications of turbine oils designed for specific applications for higher efficiency. These factors are expected to contribute significantly to the growth of the turbine oils market at a global level.

Turbine Oils Market: Market Participants

Examples of some the market participants identified across the value chain of turbine oils market are as follows:

  • Exxon Mobil Corporation
  • Chevron U.S.A. Inc.
  • Royal Dutch Shell, Plc.
  • Castrol Limited
  • Total S.A
  • Phillips 66 Company
  • Eni S.p.A.
  • Repsol S.A.
  • Valvoline Inc.
  • LUKOIL Marine Lubricants DMCC
  • FUCHS Group

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and product types.

Nikhil Kaitwade
Principal Consultant
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

The report covers exhaust analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Turbine Oils Market: Market Segmentation

On the basis of product type, the turbine oils market is segmented as follows:

  • Mineral oil-based turbine oils
  • Synthetic oil-based turbine oils

On the basis of application type, the turbine oils market is segmented as follows:

  • Steam turbines
  • Gas turbines
  • Wind turbines
  • Hydroelectric turbines

Table of Content


Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables


Nikhil Kaitwade
Principal Consultant
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts


Need specific information?

Request Customization

Explore Chemicals & Materials Insights

View Reports
Google translate