BASF Sells Softex Business to Govi Cast in Strategic Divestment
BASF has sold its Softex business, producing anti-tack agents for gloves, to Govi Cast, marking a strategic shift and ensuring supply continuity for Southeast Asian customers.
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingThe Kazakh market for petroleum lubricating oil and grease rose remarkably to $X in 2025, surging by X% against the previous year. Over the period under review, consumption, however, recorded a prominent increase. Petroleum lubricating oil and grease consumption peaked in 2025 and is likely to see gradual growth in the immediate term.
In value terms, petroleum lubricating oil and grease production surged to $X in 2025 estimated in export price. In general, production enjoyed a resilient increase. The pace of growth appeared the most rapid in 2022 with an increase of X%. Petroleum lubricating oil and grease production peaked in 2025 and is expected to retain growth in the near future.
In 2025, after two years of growth, there was significant decline in shipments abroad of petroleum lubricating oil and grease, when their volume decreased by X% to X tons. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2023, and then contracted markedly in the following year.
In value terms, petroleum lubricating oil and grease exports dropped to $X in 2025. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2022 with an increase of X%. The exports peaked at $X in 2023, and then shrank in the following year.
Russia (X tons) was the main destination for petroleum lubricating oil and grease exports from Kazakhstan, with a X% share of total exports. Moreover, petroleum lubricating oil and grease exports to Russia exceeded the volume sent to the second major destination, Belarus (X tons), more than tenfold. Uzbekistan (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2025, the average annual growth rate of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Uzbekistan (X% per year).
In value terms, Russia ($X) remains the key foreign market for petroleum lubricating oil and grease exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.
From 2012 to 2025, the average annual growth rate of value to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Uzbekistan (X% per year).
In 2025, the average export price for petroleum lubricating oil and grease amounted to $X per ton, surging by X% against the previous year. In general, the export price showed a slight increase. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2022; however, from 2023 to 2025, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2025, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Uzbekistan ($X per ton) was amongst the lowest.
From 2012 to 2025, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.
In 2025, overseas purchases of petroleum lubricating oil and grease decreased by X% to X tons for the first time since 2020, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2023, and then plummeted in the following year.
In value terms, petroleum lubricating oil and grease imports fell markedly to $X in 2025. Overall, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2023, and then contracted markedly in the following year.
In 2025, Russia (X tons) constituted the largest petroleum lubricating oil and grease supplier to Kazakhstan, with a X% share of total imports. Moreover, petroleum lubricating oil and grease imports from Russia exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold. Turkey (X tons) ranked third in terms of total imports with an X% share.
From 2012 to 2025, the average annual rate of growth in terms of volume from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Turkey (X% per year).
In value terms, the largest petroleum lubricating oil and grease suppliers to Kazakhstan were Germany ($X), Turkey ($X) and Russia ($X), together comprising X% of total imports. South Korea, Belgium, Singapore, Lithuania, France, China and the Netherlands lagged somewhat behind, together accounting for a further X%.
Among the main suppliers, Singapore, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
In 2025, the average import price for petroleum lubricating oil and grease amounted to $X per ton, increasing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2025, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.
From 2012 to 2025, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides a comprehensive view of the petroleum lubricating oil and grease industry in Kazakhstan, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the petroleum lubricating oil and grease landscape in Kazakhstan.
The report combines market sizing with trade intelligence and price analytics for Kazakhstan. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for Kazakhstan. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
The forecast horizon extends to 2035 and is based on a structured model that links petroleum lubricating oil and grease demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in Kazakhstan.
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of petroleum lubricating oil and grease dynamics in Kazakhstan.
The market size aggregates consumption and trade data, presented in both value and volume terms.
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
The report benchmarks market size, trade balance, prices, and per-capita indicators for Kazakhstan.
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Export
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
BASF has sold its Softex business, producing anti-tack agents for gloves, to Govi Cast, marking a strategic shift and ensuring supply continuity for Southeast Asian customers.
Global petroleum lubricating oil and grease market forecast: volume to reach 18M tons by 2035 with a CAGR of +1.6%, while value is projected to hit $60.2B with a CAGR of +2.2%. Analysis covers consumption, production, trade, and key country data.
Global petroleum lubricating oil and grease market analysis: 2024 consumption at 15M tons ($47.4B), forecast to reach 18M tons ($60.2B) by 2035. Key insights on production, trade, and leading countries like Russia, China, and the US.
Global petroleum lubricating oil and grease market to reach 18M tons and $60.2B by 2035, with Russia leading consumption and production. Key trends in imports, exports, and growth rates analyzed.
Learn about the expected growth of the global petroleum lubricating oil and grease market over the next decade. Market volume is forecasted to reach 18M tons by 2035 with an anticipated CAGR of +1.6%, while market value is projected to reach $60.2B by the end of 2035.
Discover the projected growth of the petroleum lubricating oil and grease market over the next decade, driven by increasing global demand. Market volume is expected to reach 18M tons by 2035, with a market value of $61.3B.
Verified reviewers highlight faster qualification, clearer collaboration, and stronger bid readiness.
High Performer
Regional Grid
High Performer Small-Business
Grid Report
Leader Small-Business
Grid Report
High Performer Mid-Market
Grid Report
Leader
Grid Report
Users Love Us
Milestone badge
Cristian Spataru
Commercial Manager · XTRATECRO
Great for Market Insights and Analysis
“IndexBox is a solid source for trade and industrial market data — what I like best about it is how it aggregates official statistics.”
Review collected and hosted on G2.com.
Juan Pablo Cabrera
Gerente de Innovación · Cartocor
Extremely gratifying
“Access very specific and broad information of any type of market.”
Review collected and hosted on G2.com.
Dilan Salam
GMP; ISO Compliance Supervisor · PiONEER Co. for Pharmaceutical Industries
Powerful data at a fair price
“I have got a lot of benefit from IndexBox, too many data available, and easy to use software at a very good price.”
Review collected and hosted on G2.com.
Counselor Hasan AlKhoori
Founder and CEO · Independent
All the data required
“All the data required for building your full analytics infrastructure.”
Review collected and hosted on G2.com.
Ashenafi Behailu
General Manager · Ashenafi Behailu General Contractor
Detailed, well-organized data
“The data organization and level of detail which it is presented in is very helpful.”
Review collected and hosted on G2.com.
Iman Aref
Senior Export Manager · Padideh Shimi Gharn
Up to date and precise info
“Up to date and precise info, for fulfilling the validity and reliability of the given research.”
Review collected and hosted on G2.com.
Companies list is being prepared. Please check back soon.
Charts mirror the report figures on the platform. Values are synthetic for demo use.
| Top consuming countries | Share, % |
|---|
| Segment | Growth, % |
|---|
| Segment | Kg per capita |
|---|
| Top producing countries | Share, % |
|---|
| Top export price | USD per ton |
|---|
| Top import price | USD per ton |
|---|
| Top importing countries | Share, % |
|---|
| Top import price | USD per ton |
|---|
| Top exporting countries | Share, % |
|---|
| Top export price | USD per ton |
|---|
| Segment | Growth, % |
|---|
| Segment | Growth, % |
|---|
| Product | Rationale |
|---|
Real macro, logistics, and energy indicators are pulled from the IndexBox platform and rendered on demand.
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in the U.S..
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in the EU.
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in China.
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Asia.
This report provides an in-depth analysis of the global market for liquefied petroleum gas (lpg).
This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in Uzbekistan.
This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in Malaysia.
This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in Vietnam.
Instant access. No credit card needed.
Instant access. No credit card needed.