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The Automotive Lubricants Market Report is Segmented by Product Type (Engine Oil, Transmission and Gear Oil, Hydraulic Fluids, Greases), Vehicle Type (Passenger Vehicles, Commercial Vehicles, Motorcycles), and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa).
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TwitterThe global automotive lubricants market was valued at 70.2 billion U.S. dollars in 2021. According to NextMSC, the market is expected to have a compound annual growth rate of 6.3 percent between 2022 and 2030, and reach 120.1 billion U.S. dollars in the latter year.
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The US Automotive Lubricants Market Report is Segmented by Product Type (Automotive Engine Oil, Manual Transmission Fluids, Automatic Transmission Fluids, Brake Fluids, Automotive Greases, and Other Product Types), and Vehicle Type (Passenger Vehicles, Commercial Vehicles, and Two-Wheelers). The Market Forecasts are Provided in Terms of Volume (Litres).
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The Asia-Pacific Automotive Lubricants Market Report is Segmented by Product Type (Automotive Engine Oil, Manual Transmission Fluids, Automatic Transmission Fluids, and More), Vehicle Type (Passenger Vehicles, Commercial Vehicles, and Two-Wheelers), and Geography (China, India, South Korea, Thailand, Indonesia, Malaysia, Philippines, Vietnam, Uzbekistan, and More). The Market Forecasts are Provided in Terms of Volume (Litres).
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The global automotive lubricants market size was valued at around USD 84.68 Billion in 2025 and is projected to grow at a CAGR of more than 3.3%, reaching USD 117.16 Billion revenue by 2035, driven by high number of road accidents in the past years.
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The Vietnam Automotive Lubricants Market Report is Segmented by Product Type (Automotive Engine Oil (0W-XX, 5W-XX, 10W-XX, 15W-XX, Monogrades, and Other Grades), Manual Transmission Fluids, Automatic Transmission Fluids, Brake Fluids, Automotive Greases, and Other Product Types), and Vehicle Type (Passenger Vehicles, Commercial Vehicles, and Two-Wheelers). The Market Forecasts are Provided in Terms of Volume (Litres).
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Automotive Lubricants Market size is expected to be worth around USD 72.3 Billion by 2034, from USD 103.0 Billion in 2024, at a CAGR of 3.6%.
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United States Automotive Lubricants Market was valued at USD 9.02 Billion in 2024 and is expected to reach USD 11.98 Billion by 2030 with a CAGR of 4.8%.
| Pages | 70 |
| Market Size | 2024: USD 9.02 Billion |
| Forecast Market Size | 2030: USD 11.98 Billion |
| CAGR | 2025-2030: 4.8% |
| Fastest Growing Segment | Light Commercial Vehicle (LCV) |
| Largest Market | West |
| Key Players | 1 ExxonMobil Corporation 2 Valvoline Inc. 3 Pennzoil-Quaker State Company dba SOPUS Products 4 Castrol Limited 5 Chevron U.S.A. Inc. 6 Calumet Branded Products, LLC 7 AMSOIL INC. 8 Lucas Oil Products, Inc. 9 Motul S.A. 10 Red Line Synthetic Oil Corporation |
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The global automotive lubricants market size is anticipated to surpass USD 100.59 Billion by 2027, growing at a CAGR of over 4.8% from 2021-2027.
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Automotive Lubricants Market size was valued at USD 74.16 Billion in 2024 and is projected to reach USD 97.65 Billion by 2031, growing at a CAGR of 3.50% from 2024 to 2031.
Automotive Lubricants Market Drivers
Rising Vehicle Ownership: Increased disposable income and urbanization are fueling demand for personal transportation.
Technological Advancements: New engine technologies and advanced lubricant formulations are driving the need for specialized products.
Stringent Emission Regulations: Governments are imposing stricter emission standards, necessitating lubricants that improve fuel efficiency and reduce emissions.
Growing Maintenance Needs: As vehicles age, the demand for regular maintenance and lubricant changes increases.
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GCC Automotive Lubricants Market size was valued at USD 71.27 billion in 2024 & is estimated to surpass USD 81.44 billion by 2030, growing at 2.24% CAGR (2025-30).
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Check Market Research Intellect's Automotive Lubricants Market Report, pegged at USD 90.0 billion in 2024 and projected to reach USD 120.0 billion by 2033, advancing with a CAGR of 4.0% (2026-2033).Explore factors such as rising applications, technological shifts, and industry leaders.
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Explore the Automotive Lubricants Market valued at USD 81.06 billion in 2024 and projected to reach USD 101.39 billion by 2030, growing at a CAGR of 3.80% during 2025–2030.
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Discover the latest insights into the Russia automotive lubricants market. This comprehensive analysis reveals market size, CAGR, key players (BP, Chevron, ExxonMobil, Shell, LUKOIL, Rosneft), segment trends (engine oils, greases, passenger vehicles, commercial vehicles), and growth projections (2025-2033). Navigate the challenges and opportunities in this dynamic market. Recent developments include: January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.September 2021: Lukoil Group and Daimler AG, one of the world's major automobile manufacturers, expanded their relationship in Lukoil lubricants' first fill supplies for the brand's premium passenger cars' engines. Low-viscosity Lukoil Genesis engine oil, developed by LLK-International (PJSC LUKOIL wholly owned subsidiary) for modern gasoline and diesel engines of the car manufacturer in compliance with one of its newest first fill standards, will be added to the product portfolio. In comparison to the previous generation, the new product delivered dependable engine protection and increased fuel economy.June 2021: TotalEnergies and Stellantis group renewed their partnership for cooperation across different segments. Along with the renewal of partnerships with Peugeot, Citroën, and DS Automobiles, the new collaboration extends to Opel, and Vauxhall as well. This partnership includes the development and innovation of lubricants, first-fill in Stellantis group vehicles, recommendation of Quartz lubricants, and shared usage of charging stations operated by TotalEnergies, among others.. Notable trends are: Largest Segment By Vehicle Type : Commercial Vehicles.
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The Global Automotive Lubricants market was valued at USD 73.20 billion in 2022 and will reach USD 96.39 billion by 2030, registering a CAGR of 3.5% for the forecast period 2023-2030. Driving Factors:
Government norms for pollution control:
The scarcity of engine oil produces smoke. Also, the emission of nitrogen oxides during combustion is causing pollution. Hence, the government has some rules and regulations for avoiding pollution by timely changing the oils and lubricants in vehicles. Environment Protection Act, of 1986, has given the standards for emission of smoke, vapor, etc from automobiles. Additionally, the Ministry of Environment and Forests has also laid the norms to ensure that standards for the emission of air pollutants from vehicles are kept corresponding with international standards. The government rules for the automotive industry are driving the Automotive Lubricants market.
Continuous expansion of the automobile industry:
According to the CEIC data, India Motor Vehicles Sales grew by 2.8% in March 2022. The rising income of the middle class and the increased population of youth is rapidly increasing the use of private vehicles. Increasing the use of private vehicles leads to the use of more lubricating oils. Increased mergers and acquisitions in the automobile industry are likely to boost the automobile industry and ultimately the Automotive Lubricants market. The disposable income is rising all over the world leading to a boost in the sales of vehicles which will fuel the Automotive Lubricants market.
Restraining Factor:
The emergence of electric vehicles:
According to an article from the World Economic Forum, Electric vehicle (EV) car sales increased by 60% in 2022. The introduction of electric vehicles is the biggest hurdle for the Automotive Lubricants market. The demand for engine oil is maximum in the automotive lubricants market. The engine in vehicles is replaced by the motor in electric vehicles. Hence the use of oils is minimized in the electric vehicle as compared to the combustion engine. Hence such reasons are hindering the Automotive Lubricants market growth.
Impact of the COVID-19 Pandemic on the Automotive Lubricants Market:
The outbreak of COVID-19 has witnessed a negative impact on the Automotive Lubricants market growth. During the pandemic, automotive manufacturing and various industrial activities were temporarily closed. The government rules on transportation completely disturbed the supply chain which resulted in the fall of the Automotive Lubricants market. This causes a decrease in the use of lubricant oil, greases, and hydraulic fluids. The use of private vehicles as well as commercial vehicles decreased causing a decline in the consumption of lubricating oils. During the pandemic, the automobile industry has also decreased drastically. Such factors have restrained the growth of the Automotive Lubricants market. Post-pandemic all the activities resumed and witnessed a positive impact. The number of on-road vehicles is increasing. The increase in the disposal income and economic stability is leading the automobile industry which will ultimately boost the demand for the Automotive Lubricants market in the coming years. Automotive Lubricants are substances used in automobile parts to reduce the friction between two moving parts. The lubricants are solid or fluid material that prevents rust and corrosion from building on parts whereas they clean and cool down the engine. The automotive lubricants are made up of base oil and additives. Engine oil, gear oil, and hydraulic oil are some of the oils used in automotive parts. The use of private vehicles, high disposable income, consumer affordability, and increased on-road vehicles have boosted the Automotive Lubricants market. The increasing emergence of electric vehicles will likely hinder the Automotive Lubricants market.
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Discover the latest insights into the Spain Automotive Lubricants Market, projected to reach €500 million in 2025 and grow at a CAGR of 1.95% until 2033. This report analyzes market drivers, restraints, segments (engine oils, greases, etc.), and key players like Castrol, Repsol, and TotalEnergies. Learn about growth opportunities in this dynamic market. Recent developments include: January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.June 2021: TotalEnergies and Stellantis group renewed their partnership for cooperation across different segments. Along with the renewal of partnerships with Peugeot, Citroën, and DS Automobiles, the new collaboration extends to Opel, and Vauxhall as well. This partnership includes the development and innovation of lubricants, first-fill in Stellantis group vehicles, recommendation of Quartz lubricants, and shared usage of charging stations operated by TotalEnergies, among others.April 2021: Texaco Lubricants introduced three new engine oils within the successful Texaco Havoline ProDS range, each with manufacturer approvals. The oils have been designed to provide enhanced wear protection even with a lubricant layer of 2 microns.. Notable trends are: Largest Segment By Vehicle Type : Commercial Vehicles.
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Automotive Lubricants Market surges to USD 106.87 billion by 2034! 3.4% CAGR growth from USD 79.17 billion. Engine oils dominate, brake fluids booming. Asia Pacific leads. Get critical insights!
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Automotive Lubricants Market size was USD 70 Billion in 2022 and is expected to reach USD 83.66 Billion in 2034, and register a revenue CAGR of 2% during the forecast period.
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The Automotive Lubricants Market Report is Segmented by Product Type (Engine Oil, Transmission and Gear Oil, Hydraulic Fluids, Greases), Vehicle Type (Passenger Vehicles, Commercial Vehicles, Motorcycles), and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa).