The Automotive Lubricants Market is Segmented by Product Type (Engine Oil, Transmission Oils, Hydraulic Fluids, and Greases), Vehicle Type (Passenger Vehicles, Commercial Vehicles, and Motorcycles), and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa). The Report Offers Market Size and Forecasts for the Automotive Lubricants Market in Terms of Volume (Liters) for all the Above Segments.

The 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.

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.

The report covers top lubricant companies in USA and the market is segmented by vehicle type (commercial vehicles, motorcycles, passenger vehicles) and by product type (engine oils, greases, hydraulic fluids, transmission & gear oils).

The global automotive lubricants market size was valued at USD 81.06 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 107.09 Billion by 2033, exhibiting a CAGR of 3.30% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of 57.3% in 2024. The automotive lubricants market share is expanding, driven by the rising automobile sales, increasing awareness about the importance of regular vehicle maintenance, and governing agencies of several countries are implementing stringent emissions and pollution standards to maintain environmental sustainability.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product and vehicle type.

The Report covers Europe Automotive Lubricants Manufacturers and the Market is segmented by Vehicle Type (Commercial Vehicles, Motorcycles, Passenger Vehicles), by Product Type (Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils) and by Country (Bulgaria, France, Germany, Italy, Norway, Poland, Russia, Spain, United Kingdom)

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%.

The global automotive lubricants market is likely to rise from USD 76.99 billion in 2024 to USD 106.13 billion by 2037, witnessing a CAGR of around 2.5% throughout the forecast period, between 2025 and 2037. Key industry players include Eurol B.V., Shell International B.V., Chevron Corporation, CNPC, among others.

North Africa Automotive Lubricants Market size is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30. Key factors shaping the industry landscape and influencing market dynamics include the rising fleet of vehicles in the region.

This statistic shows the market volume of automotive lubricants in the United States from 2014 to 2016, with forecasted figures for 2017 to 2025, by product. It is forecasted that in 2025, the U.S. market volume of engine oil will be some 2.7 million tons.

The Automotive Lubricants Market estimated size and share is projected to exceed USD 106.87 billion by 2034, with a forecasted CAGR of 3.4% during the period.

Lubricants Market size was valued at USD 167.66 Billion in 2023 and is projected to reach USD 196.36 Billion by 2031, growing at a CAGR of 2.20% during the forecast period 2024-2031.

Lubricants Market: Definition/ Overview

Lubricants are substances applied to reduce friction between surfaces in mutual contact, enhancing the efficiency and longevity of machinery and equipment. They are widely used across various applications, including automotive engines, industrial machinery, aerospace, and household appliances, where they serve to minimize wear and tear, dissipate heat, and prevent corrosion. The future of the lubricants market is poised for growth, driven by technological advancements such as the development of synthetic lubricants, increased demand for environmentally friendly products, and the expanding automotive and industrial sectors, which are projected to contribute to a more sustainable and efficient lubricant landscape. As industries continue to prioritize performance and eco-friendliness, innovations in lubricant formulations and applications are expected to shape the market significantly in the coming years.

The GCC Automotive Lubricants Market is projected to grow at a CAGR of around 3.0% during the forecast period 2022-27.

Indonesia Automotive Lubricants Market Report is Segmented by Vehicle Type ( Commercial Vehicles, Motorcycles, Passenger Vehicles ) and by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils ).

The lubricants market size is predicted to rise from $149.38 billion in 2024 to $219.6 billion by 2035, growing at a CAGR of 3.56% from 2024 to 2035.

The report covers North America Automotive Lubricants Manufacturers and the market is segmented by Vehicle Type (Commercial Vehicles, Motorcycles, Passenger Vehicles), by Product Type (Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils) and by Country (Canada, Mexico, US).

This statistic shows the estimated market value of automotive lubricants in the United States from 2014 to 2016, with forecasted figures for 2017 to 2025. It is forecasted that the U.S. market value of automotive lubricants will amount to nearly 13 billion U.S. dollars in 2025.

The India Automotive Lubricants Market is projected to grow at a CAGR of around 2.0% during 2023-28, says MarkNtel Advisors in their recent market study report.

Japan automotive lubricants market size reached USD 4.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.7 Billion by 2033, exhibiting a growth rate (CAGR) of 3.2% during 2025-2033. The continuous development of chemical-free bio-based automotive lubricants, coupled with the extensive research and development (R&D) activities for improvements in oil quality are primarily driving the market growth.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product type and vehicle type.

Asia-pacific Automotive Lubricants Market is segmented by Vehicle Type (Commercial Vehicles, Motorcycles, Passenger Vehicles), by Product Type (Engine Oils, Greases, Hydraulic Fluids, Transmission, and Gear Oils), and by Country (China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Thailand, Vietnam).