Top 10 Companies in the Mineral-based Aviation Lubricant Industry (2024): Market Leaders Driven to Reduce Wear, Protect Aircraft

In Business Insights
November 01, 2025


The Global Mineral-based Aviation Lubricant Market was valued at USD 6.78 Billion in 2023 and is projected to reach USD 8.92 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period (2024–2032). This sustained growth is driven by increasing global aircraft fleets, rising military aviation expenditure, and the demand for high-performance lubricants that ensure operational safety and engine longevity across commercial and defense aviation sectors.

As the aviation industry focuses on enhanced reliability, extended maintenance intervals, and operational efficiency, the performance of aviation lubricants becomes paramount. These specialized fluids are critical for minimizing friction, dissipating heat, and protecting multi-million dollar engines and airframes. In this analysis, we profile the Top 10 Companies in the Mineral-based Aviation Lubricant Industry—a group of chemical giants, specialized lubricant manufacturers, and energy leaders setting the standards for aviation performance and maintenance.


🔟 1. ExxonMobil Aviation

Headquarters: Spring, Texas, USA
Key Offering: Mobil Jet Oil Series (II, 254, 387), Hydraulic Fluids

ExxonMobil is a dominant force in aviation lubricants, providing a comprehensive portfolio of engine oils, greases, and hydraulic fluids certified by leading engine manufacturers like Pratt & Whitney, GE Aviation, and Rolls-Royce. Their products are engineered to withstand extreme temperatures and pressures in modern turbine engines.

Performance Initiatives:

  • Development of long-drain and advanced additive technology oils

  • Global technical support and MRO partnerships with major airlines

  • Investing in next-generation formulations for next-gen aircraft engines

Download FREE Sample Report:
Mineral-based Aviation Lubricant Market – View in Detailed Research Report


9️⃣ 2. Royal Dutch Shell (Shell Aviation)

Headquarters: London, United Kingdom
Key Offering: AeroShell Oil Series, AeroShell Grease, Hydraulic Fluids

Shell Aviation is one of the world’s leading suppliers of aviation lubricants, with products approved for virtually all aircraft types. Their AeroShell brand is recognized globally for quality and technical excellence.

Performance Initiatives:

  • Continuous R&D for improved oxidation stability and thermal performance

  • Global supply chain ensuring product availability at major airports worldwide


8️⃣ 3. TotalEnergies

Headquarters: Paris, France
Key Offering: Total Aviation Lubricants, Jet Lube Greases, AZOLLA Hydraulic Fluids

TotalEnergies offers a complete range of aviation lubricants, including the advanced JET Oil 254 and JET Oil 354, meeting the stringent demands of modern aviation.

Performance Initiatives:

  • Focus on formulations compatible with new engine materials and designs

  • Strategic partnerships with OEMs for product development and testing


7️⃣ 4. BP (Air BP)

Headquarters: London, United Kingdom
Key Offering: BP Turbo Oil, BP Energol Greases, Hydraulic Fluids

Air BP provides a wide array of aviation lubricants and greases tailored for different aircraft systems and components.

Performance Initiatives:

  • Provides comprehensive fluid management services alongside product supply

  • Ongoing investment in R&D for enhanced lubricant life and performance


6️⃣ 5. Lukoil

Headquarters: Moscow, Russia
Key Offering: Lukoil Aviation Oils, Greases, Specialty Lubricants

Lukoil is a major player in the aviation lubricant market, particularly across Eastern Europe and CIS nations, supplying oils and greases for both civil and military applications.

Performance Initiatives:

  • Developing custom formulations for specific regional and operational requirements

  • Expanding production capacity for aviation lubricants to meet growing domestic and export demand

Download FREE Sample Report:
Mineral-based Aviation Lubricant Market – View in Detailed Research Report


5️⃣ 6. Phillips 66

Headquarters: Houston, Texas, USA
Key Offering: Phillips 66 Aviation Lubricants, Conoco Lubricants, Greases

Phillips 66 manufactures and markets high-quality aviation lubricants through its branded products and distribution network.

Performance Initiatives:

  • Specializes in high-performance turbine oils for commercial and military jet engines

  • Products meet or exceed MIL-PRF, SAE, and OEM specifications for safety and reliability.


4️⃣ 7. NYCO

Headquarters: Paris, France
Key Offering: Turbonycoil series, Synthetic and Mineral-based Greases

NYCO is a globally recognized specialist in synthetic and mineral-based lubricants for aerospace and defense, with a strong focus on NATO and military specifications.

Performance Initiatives:

  • Pioneer in ester-based synthetic lubricants for extreme temperature applications

  • Strategic supplier to major defense departments and aerospace manufacturers worldwide


3️⃣ 8. LANXESS

Headquarters: Cologne, Germany
Key Offering: Additive packages for aviation lubricants, Specialty chemicals for lubricant formulation

LANXESS is a leading specialty chemicals company that produces high-performance additives used in aviation lubricants to enhance properties like anti-wear and corrosion inhibition.

Performance Initiatives:

  • Develops advanced additive technology that extends lubricant life under severe operating conditions.

    Performance Initiatives:

    • Focus on developing environmentally acceptable lubricants (EALs) for aviation applications


    2️⃣ 9. The Chemours Company

    Headquarters: Wilmington, Delaware, USA
    Key Offering: Fluoropolymer additives, High-performance lubricant components

    Chemours provides advanced fluoropolymer solutions and specialty chemicals that enhance the performance and durability of aviation lubricants.

    Performance Initiatives: