The Global Biolubricants Market was valued at US$ 2939.7 million in 2022 and is projected to reach US$ 4209.7 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period. This robust growth is fueled by stringent environmental regulations, heightened corporate sustainability goals, and increasing demand from key industrial and automotive sectors for high-performance, biodegradable lubricants.

As industries worldwide accelerate their transition towards circular economies and reduced carbon footprints, the demand for environmentally acceptable lubricants is surging. In this blog, we profile the Top 10 Companies in the Biolubricants Industry—a combination of energy majors, specialized chemical producers, and green technology innovators shaping the future of sustainable lubrication.

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🔟 1. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Offering: Mobil EAL Arctic, Mobilgard 5100, Synthetic EALs

ExxonMobil is a global leader in lubricants with a strong and expanding portfolio of Environmentally Acceptable Lubricants (EALs). Their products are designed for demanding applications in marine, industrial, and automotive sectors, offering performance comparable to conventional lubricants with a significantly lower environmental impact.

Sustainability Initiatives:

• Development of high-performance EALs for extreme conditions

• Commitment to advancing bio-based feedstock sourcing

• Investment in R&D for next-generation biolubricant formulations

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9️⃣ 2. Shell PLC

Headquarters: London, United Kingdom
Key Offering: Naturelle Fluid, Shell EALs, Bio-based Hydraulic Oils

Shell’s Naturelle range of biolubricants is developed from renewable vegetable oil bases. The company is a significant player, focusing on providing biodegradable solutions that meet international environmental standards like the EPA’s VGP and the EU Ecolabel without compromising on equipment protection.

Sustainability Initiatives:

• Expansion of carbon-neutral lubricant offerings

• Lifecycle assessment and circularity integration for lubricant products

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8️⃣ 3. BP PLC

Headquarters: London, United Kingdom
Key Offering: Bio Hydraulic Oils, BP Enersyn HTX, Ester-based Lubricants

BP’s Castrol brand offers a range of advanced biolubricants, particularly strong in the industrial and automotive aftermarket. Their bio-based hydraulic fluids and greases are engineered for biodegradability and low toxicity, targeting environmentally sensitive applications.

Sustainability Initiatives:

• Strategic focus on low-carbon lubricant solutions

• Partnerships with equipment manufacturers to develop approved bio-based formulations

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7️⃣ 4. TotalEnergies SE

Headquarters: Paris, France
Key Offering: Biohydran TMP, Biolubricants for Marine and Industry

TotalEnergies is a European leader in biofuels and biolubricants. The company produces a wide array of lubricants derived from renewable resources, with a significant market presence in Europe and growing adoption in Asia-Pacific. Their products are certified under key eco-labels.

Sustainability Initiatives:

• Goal to increase the proportion of renewable or recycled bases in lubricants

• Active participation in European bio-economy and circularity initiatives

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6️⃣ 5. Chevron Corporation

Headquarters: San Ramon, California, USA
Key Offering: Clarity Synthetic EALs, Bio-based Greases

Chevron offers the Clarity brand of synthetic EALs, which are readily biodegradable and minimally toxic. Leveraging its extensive refining and chemical expertise, Chevron is scaling its biolubricant production to meet growing regulatory and customer demands for sustainable options.

Sustainability Initiatives:

• Integration of bio-based feedstocks into its lubricant supply chain

• Focus on developing high-performance EALs for the marine and offshore sectors

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5️⃣ 6. Renewable Lubricants, Inc.

Headquarters: Hartville, Ohio, USA
Key Offering: BioStable Hydraulic Fluids, Biolube Greases, PenRite Bio-Based Oils

Renewable Lubricants, Inc. is a specialized manufacturer dedicated exclusively to 100% bio-based, biodegradable lubricants. Their products are USDA BioPreferred certified and are known for superior performance in high-temperature and high-load applications across various industries.

Sustainability Initiatives:

• Pioneer in formulating 100% bio-based, non-toxic lubricants

• Focus on enhancing oxidative stability and longevity of bio-based products

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4️⃣ 7. Panolin AG

Headquarters: Rapperswil-Jona, Switzerland
Key Offering: PANOLIN HLP Synth, ECO-CLEAN Fluids

Panolin is a Swiss specialist in environmentally friendly hydraulic fluids and lubricants. With a long history in the field, Panolin’s products are renowned for their technical performance and environmental compatibility, holding numerous international approvals for use in sensitive environments.

Sustainability Initiatives:

• Decades-long commitment to producing biodegradable lubricants

• Compliance with the highest international environmental standards (e.g., OECD, ISO)

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3️⃣ 8. United Bio Lube (UBL)

Headquarters: Houston, Texas, USA
Key Offering: Bio-based Industrial Oils, Food-Grade Lubricants

United Bio Lube (UBL) is a key North American player focusing on biodegradable lubricants made from vegetable and synthetic esters. The company serves a diverse industrial clientele, emphasizing products that meet USDA BioPreferred and other green certifications.

Sustainability Initiatives:

• Specialization in high-biobased content formulations

• Development of lubricants for environmentally regulated industries

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2️⃣ 9. Statoil Lubricants (Circle K)

Headquarters: Oslo, Norway (Now part of Circle K)
Key Offering: Bio-Circle Lubricants, Biodegradable Oils

Statoil Lubricants, now under the Circle K brand, has a strong position in the Nordic and Baltic markets for biolubricants. Their product line includes a range of biodegradable oils and greases developed with a focus on the harsh climatic conditions of Northern Europe.

Sustainability Initiatives:

• Strong regional commitment to environmental protection standards

• Development of lubricants with low aquatic toxicity

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1️⃣ 10. Binol Biolubricants

Headquarters: Grythyttan, Sweden
Key Offering: Biodegradable Chain Oils, Hydraulic Fluids, Gear Oils

Binol Biolubricants is a Swedish company specializing in high-quality, environmentally adapted lubricants primarily based on canola oil. They are a prominent supplier to the forestry, mining, and construction sectors in Scandinavia, where environmental regulations are particularly strict.

Sustainability Initiatives:

• Focus on locally sourced, renewable raw materials

• Products designed for ultimate biodegradability and low ecotoxicity

Get Full Report Here: Biolubricants Market – View in Detailed Research Report

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🌍 Outlook: The Future of Lubrication Is Green and High-Performance

The biolubricants market is at a pivotal juncture. While mineral oil-based lubricants still command the majority of the market volume, the industry is witnessing accelerated investment in bio-based alternatives, advanced esterification technologies, and sustainable supply chains.

📈 Key Trends Shaping the Market:

• Stringent global regulations (e.g., EPA VGP, EU Ecolabel) driving adoption

• R&D focus on improving oxidation stability and performance of bio-based oils

• Growing demand from marine, forestry, and agricultural sectors

• Increasing corporate sustainability mandates and green procurement policies

Get Full Report Here: Biolubricants Market – View in Detailed Research Report

The companies profiled are not only supplying essential lubrication solutions—they are at the forefront of building a more sustainable and circular industrial ecosystem.