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Report
Fire-resistant Lubricants - Company Evaluation Report, 2025
Market Report I 2025-07-01 I 107 Pages I MarketsandMarkets
The Fire-Resistant Lubricants Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Fire-Resistant Lubricants. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 100 companies, of which the Top 13 Fire-Resistant Lubricants Companies were categorized and recognized as quadrant leaders.
Fire-resistant lubricants, often referred to as fire-resistant hydraulic fluids, are primarily used in hydraulic systems. Hydraulic equipment operates under extremely high temperatures, requiring fluids that do not ignite easily in the event of unexpected leaks. This minimizes fire hazards, ensuring the safety of plant personnel and reducing operational risks. Fire-resistant lubricants exhibit high viscosity, which, when subjected to shear, behaves similarly to oil-lubricated bearings. Under elevated temperatures and pressures, these lubricants form thick film cushions essential for protecting and lubricating machinery while mitigating the risk of fire.
The metal processing sector represents the largest demand segment, driven by industry growth in developing nations. Fire-resistant lubricants enhance machine lubrication efficiency and address fire-related safety concerns. The mining industry is also witnessing consistent growth in countries such as China, India, and Brazil, where the demand for these lubricants is strong due to the need for improved maintenance, fire resistance, and equipment cleanliness. Machines exposed to high temperatures, shock loads, and slow speeds under heavy loads particularly rely on fire-resistant lubricants, as these fluids provide the thick film cushions necessary to effectively lubricate and protect critical components.
The 360 Quadrant maps the Fire-Resistant Lubricants companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Fire-Resistant Lubricants quadrant. The top criteria for product footprint evaluation included By TYPE (HFA (Water-Oil Emulsion), HFB (Oil-Water Emulsion), HFC (Water Glycol), HFDU (Polyol Ester), HFDR (Phosphate Ester)), and By END-USE INDUSTRY (Metal Processing, Mining, Power Generation, Aerospace, Marine, Construction, Other End-Use Industries).
Key Players
Key players in the Fire-Resistant Lubricants market include major global corporations and specialized innovators such as Quaker Chemical Corporation, Bp P.l.c., Fuchs Se, Petrofer, Shell Plc, Exxon Mobil Corporation, Totalenergies Se, China Petroleum & Chemical Corporation, Phillips 66, Lanxess Ag, Lanxess Ag, Dow Inc., and Moresco Corporation. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.
Top 3 Companies
Quaker Chemical Corporation
Quaker Chemical Corporation is the global leader in industrial process fluids, offering a diverse range of fire-resistant lubricants. The company operates through three segments: the Americas, EMEA, and the Asia Pacific, and serves industries such as steel, automotive, aerospace, and mining. Quaker Chemical focuses on innovation and operational efficiency to maintain its market leadership. Its products are renowned for high performance across diverse applications, significantly contributing to its market share.
BP p.l.c.
BP p.l.c. is a major player with a broad range of fire-resistant lubricants under its Customers & Products segment. Located in over 70 countries, BP's extensive footprint allows it to swiftly address diverse market demands while ensuring regulatory compliance. The company is committed to sustainable energy solutions and maintains a diverse portfolio, which includes partnerships and collaborations that enhance its market positioning.
FUCHS SE
FUCHS SE is an independent lubricant manufacturer, offering automotive and industrial lubricants. Known for its broad product portfolio and global presence, FUCHS operates in 50 countries, with production facilities across various continents. The company emphasizes sustainable product development and extensive research, ensuring high-quality output across industrial applications. This focus on innovation and quality ensures FUCHS SE's significant market positioning across continents.
1 INTRODUCTION 11
1.1 MARKET DEFINITION 11
1.2 INCLUSIONS AND EXCLUSIONS 11
1.3 STAKEHOLDERS 11
2 EXECUTIVE SUMMARY 12
3 MARKET OVERVIEW 15
3.1 INTRODUCTION 15
3.2 MARKET DYNAMICS 15
3.2.1 DRIVERS 16
3.2.1.1 Massive industrial growth in Asia Pacific and Middle East & Africa 16
3.2.1.2 Growing demand from metal processing industry 16
3.2.1.3 Increasing concerns for health and safety of workers 16
3.2.1.4 Increasing demand from marine industry 17
3.2.2 RESTRAINTS 17
3.2.2.1 High cost of HFDU and HFDR fire-resistant lubricants 17
3.2.2.2 Carcinogenic, mutagenic, and reprotoxic nature of HFDR 17
3.2.3 OPPORTUNITIES 18
3.2.3.1 Demand for renewable energy 18
3.2.3.2 Leveraging e-commerce industry to increase customer reach 18
3.2.4 CHALLENGES 18
3.2.4.1 Lack of proper training and product awareness 18
3.3 PORTER'S FIVE FORCES ANALYSIS 19
3.3.1 THREAT OF NEW ENTRANTS 20
3.3.2 THREAT OF SUBSTITUTES 20
3.3.3 BARGAINING POWER OF SUPPLIERS 20
3.3.4 BARGAINING POWER OF BUYERS 21
3.3.5 INTENSITY OF COMPETITIVE RIVALRY 21
4 INDUSTRY TRENDS 22
4.1 SUPPLY CHAIN ANALYSIS 22
4.1.1 RAW MATERIAL SUPPLIERS 22
4.1.2 MANUFACTURERS 22
4.1.3 DISTRIBUTORS 23
4.1.4 END-USE INDUSTRIES 23
4.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 23
4.3 ECOSYSTEM ANALYSIS 24
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4.4 TECHNOLOGY ANALYSIS 25
4.4.1 KEY TECHNOLOGIES 25
4.4.1.1 Synthetic hydraulic oil technology 25
4.4.1.2 Water-containing fluid technology 26
4.4.2 COMPLIMENTARY TECHNOLOGIES 26
4.4.2.1 Advanced seal and elastomer compatibility technologies 26
4.5 KEY CONFERENCES AND EVENTS 26
4.6 PATENT ANALYSIS 27
4.6.1 APPROACH 27
4.6.2 DOCUMENT TYPES 27
4.6.3 TOP APPLICANTS 29
4.6.4 JURISDICTION ANALYSIS 31
4.7 IMPACT OF AI/GEN AI ON FIRE-RESISTANT LUBRICANTS MARKET 31
5 COMPETITIVE LANDSCAPE 34
5.1 INTRODUCTION 34
5.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 34
5.3 MARKET SHARE ANALYSIS 36
5.4 REVENUE ANALYSIS, 2021-2024 38
5.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 39
5.5.1 STARS 39
5.5.2 EMERGING LEADERS 39
5.5.3 PERVASIVE PLAYERS 39
5.5.4 PARTICIPANTS 39
5.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 41
5.5.5.1 Company footprint 41
5.5.5.2 Region footprint 42
5.5.5.3 Type footprint 43
5.5.5.4 End-use industry footprint 44
5.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 45
5.6.1 PROGRESSIVE COMPANIES 45
5.6.2 RESPONSIVE COMPANIES 45
5.6.3 DYNAMIC COMPANIES 45
5.6.4 STARTING BLOCKS 45
5.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024 46
5.6.5.1 Detailed list of key startups/SMEs 46
5.6.5.2 Competitive benchmarking of key startups/SMEs 47
5.7 BRAND/PRODUCT COMPARISON ANALYSIS 47
5.8 COMPANY VALUATION AND FINANCIAL METRICS 49
5.9 COMPETITIVE SCENARIO 50
5.9.1 PRODUCT LAUNCHES 50
5.9.2 DEALS 51
5.9.3 EXPANSIONS 52
6 COMPANY PROFILES 54
6.1 KEY PLAYERS 54
6.1.1 QUAKER CHEMICAL CORPORATION 54
6.1.1.1 Business overview 54
6.1.1.2 Products offered 55
6.1.1.3 Recent developments 57
6.1.1.3.1 Deals 57
6.1.1.4 MnM view 57
6.1.1.4.1 Key strengths 57
6.1.1.4.2 Strategic choices 57
6.1.1.4.3 Weaknesses/Competitive threats 57
6.1.2 BP P.L.C. 58
6.1.2.1 Business overview 58
6.1.2.2 Products offered 59
6.1.2.3 Recent developments 60
6.1.2.3.1 Deals 60
6.1.2.4 MnM view 60
6.1.2.4.1 Key strengths 60
6.1.2.4.2 Strategic choices 60
6.1.2.4.3 Weaknesses/Competitive threats 61
6.1.3 FUCHS SE 62
6.1.3.1 Business overview 62
6.1.3.2 Products offered 63
6.1.3.3 Recent developments 65
6.1.3.3.1 Product launches 65
6.1.3.3.2 Deals 65
6.1.3.4 Expansions 65
6.1.3.5 MnM view 66
6.1.3.5.1 Key strengths 66
6.1.3.5.2 Strategic choices 66
6.1.3.5.3 Weaknesses/Competitive threats 66
6.1.4 PETROFER 67
6.1.4.1 Business overview 67
6.1.4.2 Products offered 67
6.1.4.3 Recent developments 69
6.1.4.3.1 Product launches 69
6.1.4.3.2 Expansions 69
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6.1.4.4 MnM view 70
6.1.4.4.1 Key strengths 70
6.1.4.4.2 Strategic choices 70
6.1.4.4.3 Weaknesses/Competitive threats 70
6.1.5 SHELL PLC 71
6.1.5.1 Business overview 71
6.1.5.2 Products offered 72
6.1.5.3 Recent developments 73
6.1.5.3.1 Deals 73
6.1.5.3.2 Expansions 74
6.1.5.4 MnM view 74
6.1.5.4.1 Key strengths 74
6.1.5.4.2 Strategic choices 74
6.1.5.4.3 Weaknesses/Competitive threats 75
6.1.6 EXXON MOBIL CORPORATION 76
6.1.6.1 Business overview 76
6.1.6.2 Products offered 77
6.1.6.3 Recent developments 78
6.1.6.3.1 Deals 78
6.1.7 TOTALENERGIES SE 79
6.1.7.1 Business overview 79
6.1.7.2 Products offered 80
6.1.7.3 Recent developments 82
6.1.7.3.1 Product launches 82
6.1.7.3.2 Deals 82
6.1.8 CHINA PETROLEUM & CHEMICAL CORPORATION 83
6.1.8.1 Business overview 83
6.1.8.2 Products offered 84
6.1.8.3 Recent Developments 85
6.1.8.3.1 Expansions 85
6.1.9 PHILLIPS 66 86
6.1.9.1 Business overview 86
6.1.9.2 Products offered 87
6.1.10 LANXESS AG 89
6.1.10.1 Business overview 89
6.1.10.2 Products offered 90
6.1.10.3 Recent developments 92
6.1.10.3.1 Product launches 92
6.1.11 CHEVRON CORPORATION 93
6.1.11.1 Business overview 93
6.1.11.2 Products offered 94
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6.2 OTHER PLAYERS 95
6.2.1 DOW INC. 95
6.2.2 EASTMAN CHEMICAL COMPANY 95
6.2.3 IDEMITSU KOSAN CO., LTD. 96
6.2.4 MORESCO CORPORATION 96
6.2.5 RECOCHEM CORPORATION 97
6.2.6 RAYCO CHEMICAL 97
6.2.7 TASHOIL COMPANY PVT. LTD. 98
6.2.8 HILL & GRIFFITH 98
6.2.9 CONDAT SA 99
6.2.10 SWEPCO 99
6.2.11 AMS APPLIED MATERIAL SOLUTIONS 100
6.2.12 STERLITE LUBRICANTS 100
6.2.13 BIOBLEND 101
6.2.14 D-A LUBRICANT COMPANY 101
7 APPENDIX 102
7.1 RESEARCH METHODOLOGY 102
7.1.1 RESEARCH DATA 102
7.1.1.1 Secondary data 102
7.1.1.2 Primary data 103
7.1.2 ASSUMPTIONS 103
7.1.3 LIMITATIONS 103
7.1.4 RISK ASSESSMENT 103
7.2 COMPANY EVALUATION MATRIX: METHODOLOGY 104
7.3 AUTHOR DETAILS 107
TABLE 1 FIRE-RESISTANT LUBRICANTS MARKET: PORTER'S FIVE FORCES ANALYSIS 20
TABLE 2 ROLES OF COMPANIES IN FIRE-RESISTANT LUBRICANTS ECOSYSTEM 24
TABLE 3 FIRE-RESISTANT LUBRICANTS MARKET: LIST OF KEY CONFERENCES
AND EVENTS, 2025-2026 27
TABLE 4 PATENT STATUS: PATENT APPLICATIONS, LIMITED PATENTS,
AND GRANTED PATENTS, 2014-2024 27
TABLE 5 LIST OF MAJOR PATENTS RELATED TO FIRE-RESISTANT LUBRICANTS, 2014-2024 29
TABLE 6 PATENTS BY HALLIBURTON ENERGY SERVICES, INC. 30
TABLE 7 STRATEGIES ADOPTED BY KEY FIRE-RESISTANT LUBRICANT MANUFACTURERS, JANUARY 2019-FEBRUARY 2025 34
TABLE 8 FIRE-RESISTANT LUBRICANTS MARKET: DEGREE OF COMPETITION, 2024 36
TABLE 9 FIRE-RESISTANT LUBRICANTS MARKET: REGION FOOTPRINT 42
TABLE 10 FIRE-RESISTANT LUBRICANTS MARKET: TYPE FOOTPRINT 43
TABLE 11 FIRE-RESISTANT LUBRICANTS MARKET: END-USE INDUSTRY FOOTPRINT 44
TABLE 12 FIRE-RESISTANT LUBRICANTS MARKET: KEY STARTUPS/SMES 46
TABLE 13 FIRE-RESISTANT LUBRICANTS MARKET: COMPETITIVE BENCHMARKING OF
KEY STARTUPS/SMES 47
TABLE 14 FIRE-RESISTANT LUBRICANTS MARKET: PRODUCT LAUNCHES,
JANUARY 2019-FEBRUARY 2025 50
TABLE 15 FIRE-RESISTANT LUBRICANTS MARKET: DEALS, JANUARY 2019-FEBRUARY 2025 51
TABLE 16 FIRE-RESISTANT LUBRICANTS MARKET: EXPANSIONS,
JANUARY 2019-FEBRUARY 2025 52
TABLE 17 QUAKER CHEMICAL CORPORATION: COMPANY OVERVIEW 54
TABLE 18 QUAKER CHEMICAL CORPORATION: PRODUCTS OFFERED 55
TABLE 19 QUAKER CHEMICAL CORPORATION: DEALS 57
TABLE 20 BP P.L.C.: COMPANY OVERVIEW 58
TABLE 21 BP P.L.C.: PRODUCTS OFFERED 59
TABLE 22 BP P.L.C.: DEALS 60
TABLE 23 FUCHS SE: COMPANY OVERVIEW 62
TABLE 24 FUCHS SE: PRODUCTS OFFERED 63
TABLE 25 FUCHS SE: PRODUCT LAUNCHES 65
TABLE 26 FUCHS SE: DEALS 65
TABLE 27 FUCHS SE: EXPANSIONS 65
TABLE 28 PETROFER: COMPANY OVERVIEW 67
TABLE 29 PETROFER: PRODUCTS OFFERED 67
TABLE 30 PETROFER: PRODUCT LAUNCHES 69
TABLE 31 PETROFER: EXPANSIONS 69
TABLE 32 SHELL PLC: COMPANY OVERVIEW 71
TABLE 33 SHELL PLC: PRODUCTS OFFERED 72
TABLE 34 SHELL PLC: DEALS 73
TABLE 35 SHELL PLC: EXPANSIONS 74
TABLE 36 EXXON MOBIL CORPORATION: COMPANY OVERVIEW 76
TABLE 37 EXXON MOBIL CORPORATION: PRODUCTS OFFERED 77
TABLE 38 EXXON MOBIL CORPORATION: DEALS 78
TABLE 39 TOTALENERGIES SE: COMPANY OVERVIEW 79
TABLE 40 TOTALENERGIES SE: PRODUCTS OFFERED 80
TABLE 41 TOTALENERGIES SE: PRODUCT LAUNCHES 82
TABLE 42 TOTALENERGIES SE: DEALS 82
TABLE 43 CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY OVERVIEW 83
TABLE 44 CHINA PETROLEUM & CHEMICAL CORPORATION: PRODUCTS OFFERED 84
TABLE 45 CHINA PETROLEUM & CHEMICAL CORPORATION: EXPANSIONS 85
TABLE 46 PHILLIPS 66: COMPANY OVERVIEW 86
TABLE 47 PHILLIPS 66: PRODUCTS OFFERED 87
TABLE 48 LANXESS AG: COMPANY OVERVIEW 89
TABLE 49 LANXESS AG: PRODUCTS OFFERED 90
TABLE 50 LANXESS AG: PRODUCT LAUNCHES 92
TABLE 51 CHEVRON CORPORATION: COMPANY OVERVIEW 93
TABLE 52 CHEVRON CORPORATION: PRODUCTS OFFERED 94
TABLE 53 DOW INC.: COMPANY OVERVIEW 95
TABLE 54 EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW 95
TABLE 55 IDEMITSU KOSAN CO., LTD.: COMPANY OVERVIEW 96
TABLE 56 MORESCO CORPORATION: COMPANY OVERVIEW 96
TABLE 57 RECOCHEM CORPORATION: COMPANY OVERVIEW 97
TABLE 58 RAYCO CHEMICAL: COMPANY OVERVIEW 97
TABLE 59 TASHOIL COMPANY PVT. LTD.: COMPANY OVERVIEW 98
TABLE 60 HILL & GRIFFITH: COMPANY OVERVIEW 98
TABLE 61 CONDAT SA: COMPANY OVERVIEW 99
TABLE 62 SWEPCO: COMPANY OVERVIEW 99
TABLE 63 AMS APPLIED MATERIAL SOLUTIONS: COMPANY OVERVIEW 100
TABLE 64 STERLITE LUBRICANTS: COMPANY OVERVIEW 100
TABLE 65 BIOBLEND: COMPANY OVERVIEW 101
TABLE 66 D-A LUBRICANT COMPANY: COMPANY OVERVIEW 101
TABLE 67 FIRE-RESISTANT LUBRICANTS MARKET: RISK ASSESSMENT 103
FIGURE 1 HFC SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 13
FIGURE 2 METAL PROCESSING INDUSTRY TO LEAD MARKET IN 2025 13
FIGURE 3 ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 14
FIGURE 4 FIRE-RESISTANT LUBRICANTS MARKET: DRIVERS, RESTRAINTS,
OPPORTUNITIES, AND CHALLENGES 15
FIGURE 5 FIRE-RESISTANT LUBRICANTS MARKET: PORTER'S FIVE FORCES ANALYSIS 19
FIGURE 6 FIRE-RESISTANT LUBRICANTS MARKET: SUPPLY CHAIN ANALYSIS 22
FIGURE 7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 23
FIGURE 8 FIRE-RESISTANT LUBRICANTS MARKET: ECOSYSTEM ANALYSIS 24
FIGURE 9 PATENTS REGISTERED FOR FIRE-RESISTANT LUBRICANTS, 2014-2024 28
FIGURE 10 MAJOR PATENTS RELATED TO FIRE-RESISTANT LUBRICANTS, 2014-2024 28
FIGURE 11 LEGAL STATUS OF PATENTS FILED RELATED TO
FIRE-RESISTANT LUBRICANTS, 2014-2024 31
FIGURE 12 MAXIMUM PATENTS FILED IN JURISDICTION OF US, 2014-2024 31
FIGURE 13 IMPACT OF AI/GEN AI ON FIRE-RESISTANT LUBRICANTS MARKET 32
FIGURE 14 FIRE-RESISTANT LUBRICANTS MARKET SHARE ANALYSIS, 2024 37
FIGURE 15 FIRE-RESISTANT LUBRICANTS MARKET: REVENUE ANALYSIS
OF KEY PLAYERS, 2021-2024 (USD MILLION) 38
FIGURE 16 FIRE-RESISTANT LUBRICANTS MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2024 40
FIGURE 17 FIRE-RESISTANT LUBRICANTS MARKET: COMPANY FOOTPRINT 41
FIGURE 18 FIRE-RESISTANT LUBRICANTS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 46
FIGURE 19 BRAND/PRODUCT COMPARISON 48
FIGURE 20 FIRE-RESISTANT LUBRICANTS MARKET: EV/EBITDA OF KEY MANUFACTURERS 49
FIGURE 21 FIRE-RESISTANT LUBRICANTS MARKET: ENTERPRISE VALUATION (EV) OF
KEY PLAYERS 49
FIGURE 22 QUAKER CHEMICAL CORPORATION: COMPANY SNAPSHOT 55
FIGURE 23 BP P.L.C.: COMPANY SNAPSHOT 59
FIGURE 24 FUCHS SE: COMPANY SNAPSHOT 63
FIGURE 25 SHELL PLC: COMPANY SNAPSHOT 72
FIGURE 26 EXXON MOBIL CORPORATION: COMPANY SNAPSHOT 77
FIGURE 27 TOTALENERGIES SE: COMPANY SNAPSHOT 80
FIGURE 28 CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY SNAPSHOT 84
FIGURE 29 PHILLIPS 66: COMPANY SNAPSHOT 87
FIGURE 30 LANXESS AG: COMPANY SNAPSHOT 90
FIGURE 31 CHEVRON CORPORATION: COMPANY SNAPSHOT 94
FIGURE 32 FIRE-RESISTANT LUBRICANTS MARKET: RESEARCH DESIGN 102
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