Indian ore and mineral production sectors have been growing at a steady pace. With increasing machinery being put into work, the demand for industrial lubricants has also increased over the years. The south Asian country ranked third in market volume of lubricants in 2018. Indian Oil Corporation Limited had the highest share of 32 percent in the lubricant market across the country in 2018. The company employs a workforce of over 30 thousand and was listed at number 137 in the list of world’s largest companies in Fortune ‘Global 500’ list in 2018.

Consumption trends

The consumption of lubricants in the automotive industry has increased steadily over the past years. With the number of cars increasing exponentially across the nation, the annual lubricant consumption has also grown and was estimated to be around 260 million liters in 2018. The states however have benefitted with the increased demands in the form of increased sales taxes from the motor gasoline and lubricant sales.

Continue to make in India?

The ‘Make in India’ initiative which focusses on making India a global manufacturing hub is likely to increase the demand volume of lubricants across the nation. With tremendous growth possibilities, there is also the question of increased environmental pollution that would require careful insights. With a balance in environmental regulations and industrial lubricant demand, the industry can presumably slip away from the chains that might be a hindrance to its full potential.

Castrol India Limited is an automotive and industrial lubricant manufacturing company. It was the leading lubricant company in India based on market capitalization as of August 2023, with over 140 billion Indian rupees. Gulf Oil Lubricants was in a distant second position at that time, with a market capitalization amounting to nearly 31 billion Indian rupees.

The India Industrial Lubricants Market report segments the industry into Product Type (Engine Oil, Transmission and Hydraulic Fluid, Metalworking Fluid, General Industrial Oil, Gear Oil, Grease, Process Oil, Other Product Types) and End-User Industry (Power Generation, Heavy Equipment, Food and Beverage, Metallurgy and Metalworking, Chemical Manufacturing, Other End-User Industries (Packaging, Oil and Gas (Drilling Fluids))).

The India Automotive Lubricant market was valued at USD 6.94 Billion in 2024 and is expected to reach USD 11.39 Billion by 2030 with a CAGR of 8.61% during the forecast period.

This statistic represents the share of automotive lubricant market across India in fiscal year 2016, based on company. During the measured time period, Castrol had a share of 21 percent in the automotive lubricant market across the country.

The Market Report Covers India's Automotive Motor Oil Companies and is Segmented by Vehicle Type (Commercial Vehicles, Motorcycles, Passenger Vehicles) and by Product Grade.

The India automotive lubricants market, valued at approximately ₹150 billion (USD 18 billion) in 2025, is projected to experience robust growth, driven by a burgeoning automotive sector and increasing vehicle ownership. The market's Compound Annual Growth Rate (CAGR) of 5.80% from 2025 to 2033 indicates a significant expansion to an estimated ₹250 billion (USD 30 billion) by 2033. This growth is fueled by several key factors, including the rising demand for passenger vehicles, particularly in urban areas, and the expansion of the commercial vehicle fleet to support India's growing economy. Furthermore, the increasing adoption of advanced engine technologies and the stringent emission norms are driving demand for high-performance lubricants with improved fuel efficiency and reduced environmental impact. The market segmentation by vehicle type (commercial vehicles, motorcycles, passenger vehicles) and product type (engine oils, greases, hydraulic fluids, transmission & gear oils) reveals varying growth trajectories, with passenger vehicle lubricants expected to be a major contributor to overall market expansion. The competitive landscape is dominated by both multinational and domestic players, including Bharat Petroleum, Castrol, ExxonMobil, and Indian Oil, amongst others. These companies are investing heavily in research and development to innovate new lubricant formulations and enhance their product offerings to meet the evolving needs of the automotive industry. However, the market faces challenges such as fluctuating crude oil prices, which impact raw material costs and pricing strategies. Furthermore, the market penetration of synthetic lubricants, while growing, is still relatively low compared to conventional lubricants, presenting both an opportunity and a challenge for market players seeking to expand their market share. Government regulations regarding environmental standards and waste management are also factors shaping the market's future development. Despite these challenges, the overall outlook for the India automotive lubricants market remains positive, with substantial growth potential over the forecast period. 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.December 2021: ExxonMobil introduced a line of synthetic engine oils, i.e., Mobil Super Pro, for SUVs in India.October 2021: Valvoline and Cummins extended their long-standing marketing and technology collaboration agreement for another five years. Cummins will endorse and promote Valvoline's Premium Blue engine oil for its heavy-duty diesel engines and generators and will distribute Valvoline products through its global distribution networks.. Notable trends are: Largest Segment By Vehicle Type : Commercial Vehicles.

The India Automotive Lubricants Market is projected to grow at a CAGR of around 6.61% during 2025-30, says MarkNtel Advisors in their recent market study report.

The India synthetic automotive engine oil market is projected to grow US$1.04 Bn by 2033, at 4.3% CAGR, driven by sustainability and fuel efficiency

The report covers Oil and Gas Companies in India and the market is segmented by sector (upstream, midstream, and downstream). The report offers the size and forecasts for the oil and gas markets in volume (thousands of barrels per day, billions of cubic feet per day, and MTPA).

The India lubricants market, valued at XX million in 2025, is anticipated to reach a CAGR of XXX% over the forecast period of 2025-2033. Key drivers fueling market growth include the flourishing automotive sector, growing heavy machinery use, and expanding industrial activities. Rising disposable income and a growing preference for high-performance lubricants are contributing to the increased demand. However, factors such as the availability of counterfeit products and fluctuations in raw material prices may hinder market progress. Segmentation-wise, the automotive segment dominates the market, accounting for the majority of lubricants demand. Engine oils hold a significant market share, driven by the growing number of vehicles on the road. Greases, used for lubrication in industrial settings, constitute a rapidly expanding segment. Major market players include Bharat Petroleum Corporation Limited, BP Plc (Castrol), and ExxonMobil Corporation. Regionally, the market is expected to witness consistent growth across India, driven by robust economic activity and infrastructure development. The India lubricants market is characterized by strong growth, driven by factors such as increasing vehicle production, expanding industrial sector, and favorable government policies. The market is expected to grow at a CAGR of 5.5% during the forecast period of 2022-2027, reaching a value of USD xx Million by 2027. Recent developments include: March 2022: ExxonMobil Corporation company has appointed Jay Hooley as lead managing director of the company.January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.January 2022: Effective January 21, 2022, Royal Dutch Shell plc changes its name to Shell plc.. Notable trends are: Largest Segment By End User : Automotive.

The global automotive coolant and lubricant market is experiencing robust growth, driven by the increasing demand for vehicles globally and the rising adoption of advanced engine technologies requiring high-performance coolants and lubricants. The market, currently valued at approximately $50 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching an estimated market size of approximately $70 billion by 2033. This growth is fueled by several key factors, including the expanding automotive industry in developing economies, stringent emission regulations driving the demand for advanced lubricant formulations, and a growing awareness among consumers regarding the importance of regular vehicle maintenance. Furthermore, technological advancements in lubricant and coolant formulations, focusing on enhanced performance, extended lifespan, and environmental sustainability, are further contributing to market expansion. Significant regional variations exist within the market. North America and Europe currently hold substantial market shares, driven by high vehicle ownership rates and established automotive industries. However, the Asia-Pacific region is poised for significant growth, fueled by rapid economic development, rising vehicle sales, and increasing infrastructure investments in countries like China and India. The market segmentation by product type (coolants and lubricants) and application (engine, HVAC, brake, transmission) also presents diverse growth opportunities. While engine coolants and lubricants continue to dominate, the growing demand for advanced climate control systems and transmission technologies is stimulating growth in these segments. The competitive landscape is characterized by the presence of major global players such as Sinopec, Shell, ExxonMobil, and BP, alongside several regional and specialized companies. These companies are actively engaged in research and development to enhance product performance, expand their product portfolios, and establish strategic partnerships to capitalize on the growing market opportunities. This comprehensive report provides an in-depth analysis of the global automotive coolant and lubricant market, a sector currently valued at approximately $200 billion and projected for significant growth. We examine market concentration, key trends, regional dominance, product innovations, and the competitive landscape, offering invaluable insights for industry stakeholders. Keywords: automotive coolant, engine lubricant, transmission fluid, brake fluid, HVAC refrigerant, coolant market size, lubricant market trends, automotive chemicals, synthetic oil, antifreeze, global automotive market.

The Automotive Lubricants Market in India is projected to grow steadily, with a compound annual growth rate (CAGR) of 2.00% over the forecast period from 2025 to 2033. By the end of 2033, the market is expected to reach a value of approximately $XX million, up from an estimated $XX million in 2025. This growth is primarily driven by the increasing demand for vehicles, both passenger and commercial, and the necessity for regular maintenance and lubrication to ensure optimal performance and longevity. Key players such as Hindustan Petroleum Corporation Limited, Bharat Petroleum Corporation Limited, and Indian Oil Corporation Ltd continue to dominate the market, leveraging their extensive distribution networks and brand reputation to capture a significant market share. Market trends indicate a shift towards synthetic and semi-synthetic lubricants, which offer better performance and longer service intervals compared to conventional oils. This trend is particularly noticeable among premium vehicle owners and fleet operators looking to reduce maintenance costs and improve fuel efficiency. Additionally, the growing awareness of environmental sustainability is pushing lubricant manufacturers to develop eco-friendly products, such as bio-based lubricants. However, the market faces challenges from fluctuating crude oil prices, which can affect the cost of production, and stringent government regulations aimed at reducing emissions, which may necessitate costly reformulations. Despite these challenges, the Indian automotive lubricants market is poised for sustained growth, supported by the robust expansion of the automotive sector and ongoing innovations in lubricant technology. Recent developments include: January 2023: McLaren Automotive, a luxury supercar company, announced the renewal of its partnership with Gulf Oil International as its official lubricant and fuel partner for 2023., June 2022: Shell introduced a used oil management service as part of a new attempt to organize India's waste oil disposal infrastructure and enhance re-refining rates. In order to start collecting and re-refining used oil across India, Shell partnered with used oil refiners. These partners share the objective of advancing the lubricants industry's circular economy.. Key drivers for this market are: Rising Use of Passenger Vehicles In The Country, Other Drivers. Potential restraints include: Rising Use of Passenger Vehicles In The Country, Other Drivers. Notable trends are: Engine Oil to Dominate the Market.

Market Analysis: Automotive Lubricants Market The global automotive lubricants market is expected to reach a market size of XX million, exhibiting a CAGR of 3.13% during the forecast period of 2025-2033. This growth is primarily attributed to the increasing demand for lubricants from various vehicle types, including passenger vehicles, commercial vehicles, and motorcycles. The growing adoption of electric vehicles and the shift towards sustainable mobility solutions are expected to influence the market dynamics in the coming years. Key market drivers include stringent emission regulations, rising vehicle production, and the expansion of the aftermarket industry. The market for automotive lubricants is segmented based on vehicle type, product type, and region. Passenger vehicles are projected to remain the dominant segment, followed by commercial vehicles. Engine oils hold the largest market share in terms of product type, with greases and transmission & gear oils also contributing significantly. Geographically, Asia Pacific is the largest market for automotive lubricants, with China, India, and Japan being key growth drivers. North America and Europe are also important markets, with North America expected to witness significant growth in the coming years. Key industry players include BP PLC (Castrol), Chevron Corporation, and Exxon Mobil Corporation, among others. Recent developments include: March 2022: FUCHS company introduced Maintain Fricofin and Titan GT1 Flex small pack lubricants for automotive applications.January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.December 2021: ExxonMobil introduced a line of synthetic engine oils, i.e., Mobil Super Pro, for SUVs in India.. Notable trends are: Largest Segment By Vehicle Type : Passenger Vehicles.

The report covers Downstream Oil and Gas Companies in India and the market is segmented into Refineries and Petrochemical Plants. The market size and forecasts are provided in terms of value (USD million) for all the above segments.

The Kenya lubricants market is projected to register a CAGR of 5.03% during the forecast period (2023-2033). The market size was valued at USD XX million in 2023 and is expected to reach USD XXX million by 2033. The growth of the market is attributed to the increasing demand for lubricants in various end-user industries, such as automotive, industrial, power generation, and mining. The key drivers of the Kenya lubricants market include the growing automotive industry, increasing government infrastructure spending, and rising awareness of lubricant benefits. The country's favorable macroeconomic outlook and the government's focus on promoting industrial development are also expected to support the market growth. However, the market faces challenges such as the high cost of raw materials, competition from regional and global players, and counterfeit products. The market is dominated by international players such as Total, Shell, Chevron, and BP, while local players such as Galana Energies Limited and Kenol & Kobil also hold a significant share. Recent developments include: November 2023: Kenya’s National Treasury planned to privatize 11 state-owned Kenyan companies, among which the National Oil Corporation of Kenya (NOCK) and the Kenya Pipeline Company (KPC)., May 2023: India's flagship overseas oil firm ONGC Videsh got a new partner in Oil India Ltd. to replace a reluctant IndianOil (IOC) for the potential acquisition of a 50% stake in Tullow Oil Plc's USD 3.4 billion oilfield project in Kenya. But the OVL-OIL duo might have to face competition from Sinopec, which entered the fray taking advantage of the delay on the Indian part in finalizing the deal., February 2023: Vivo Energy in Kenya agreed to purchase a 74% stake in Engen Limited from PETRONAS International Corporation Ltd. to expand its market presence in Kenya, increase its revenue, and widen its lead over competitors TotalEnergies and Rubis., September 2022: Maximus Group planned to acquire a 49% stake in Kenya-based Quantum Lubricants. Earlier, in 2019, MXAL acquired a 51 percent equity stake in QLL, which paved its entry into lubricant manufacturing in the African markets. With the ongoing acquisition of 49%, MXAL is expected to take control of QLL's entire operations.. Key drivers for this market are: Increasing Demand from Industrial and Construction Segments, Other Drivers. Potential restraints include: Increasing Demand from Industrial and Construction Segments, Other Drivers. Notable trends are: The Dominance of Engine Oils in the Market.

The Automotive Lubricants Market size was valued at USD 70.44 USD Billion in 2023 and is projected to reach USD 78.72 USD Billion by 2032, exhibiting a CAGR of 1.6 % during the forecast period. The E-Waste Management Market aims to solve the rapid increase of the e-waste via the selection, recycling, and disposal of the devices, however, it prioritizes the protection of the environment and the resources reclamation above the rest. We handle e-waste from consumer electronics through to industrial equipment. Our products include various devices such as mobile phones and computers. Using tools like material recovery and proper disposal methods like shredding prevents pollution, protects resources, and may decrease the risk to health. Benefits include creating economic prosperity through the generation of more jobs in the sector and the support of reuse and recycle concepts. This development will in turn reduce consumption and production wastage since pollutant inputs and the generation of waste will be reduced. Recent developments include: March 2023: ExxonMobil, the American multinational oil and gas corporation, announced plans to build a lubricant manufacturing plant valued at USD 110 million in India. The plant will be located in the Raigad and is expected to be operational by 2025. This move is part of ExxonMobil's efforts to expand its lubricant business in India and Asia-Pacific. The new plant will have a production capacity of 159,000 kiloliters per year and will serve both domestic and export markets. This investment shows ExxonMobil's commitment to the Indian market and desire to participate in its growing economy., July 2022: Shell USA, Inc. and Shell Midstream Partners, L.P. announced the execution of a definitive agreement and plan of merger. Shell USA will acquire all the common units representing limited partner interests in SHLX or a total value of approximately USD 1.96 billion. The transaction is expected to be closed by the 4th quarter of 2022., July 2021: Valvoline All-Terrain is a new engine oil designed specifically for off-highway, heavy-duty diesel engines that operate in challenging environments. It was created for wear protection in equipment operating in severe settings such as construction, mining, and agriculture., April 2021: Valvoline Inc. introduced Valvoline High Mileage 150k with MaxLife Plus Technology Synthetic Blend, the engine oil explicitly formulated for engines with more than 150,000 miles. The product's innovative formula lowers oil consumption in older, high-mileage engines while its Moly Additive Protection increases engine performance and power., March 2021: Nissan Motor India signed an agreement with ExxonMobil Lubricants to supply lubricating solutions for the passenger vehicle aftermarket. It will provide a variety of engine oils not only for BS6-compliant vehicles but also for BS3 and BS4 models from the automaker., February 2021: Shell stated that it will offer consumers carbon-neutral lubricants for heavy-duty diesel engines, passenger automobiles, and industrial uses. Shell Lubricants' multi-year plan will assist customers in managing their sustainability needs. Shell aims to lower the carbon intensity of its products by reducing, preventing, and offsetting emissions.. Key drivers for this market are: Need to Protect Automotive Components and Systems is Surging the Product Demand. Potential restraints include: Innovation in Vehicle Technologies is Decreasing the Product Consumption . Notable trends are: Adoption of Synthetic Lubricants to Create Growth Opportunities for the Market.

The global gear and transmission lubricants market is experiencing robust growth, driven by the expanding automotive, industrial machinery, and aerospace sectors. While the exact market size for 2025 isn't provided, considering a typical market size for a mature industry like lubricants and using publicly available data from similar market reports, a reasonable estimate for the 2025 market size would be around $15 billion USD. Assuming a Compound Annual Growth Rate (CAGR) of, for instance, 4% – a conservative estimate reflecting steady growth in the industry – the market is projected to reach approximately $20 billion USD by 2033. This growth trajectory is fueled by several key factors: the increasing demand for high-performance lubricants to improve fuel efficiency and extend equipment lifespan, particularly within the automotive and heavy-duty equipment sectors; the rising adoption of advanced lubricant technologies, such as synthetic oils, offering superior performance in extreme conditions; and the expansion of the global manufacturing and transportation industries, which directly impacts the demand for gear and transmission lubricants. Significant regional variations exist; North America and Europe currently hold substantial market shares, but the Asia-Pacific region is expected to witness the fastest growth due to rapid industrialization and automotive production expansion in countries like China and India. However, the market isn't without challenges. Stringent environmental regulations concerning lubricant disposal and the increasing emphasis on sustainable manufacturing practices pose constraints. Fluctuations in crude oil prices also directly impact the cost of production and subsequently affect market prices. The market is segmented by lubricant type (synthetic and mineral oils), application (automotive, marine, aviation, industrial equipment), and geography, offering opportunities for specialized lubricant manufacturers to target niche applications. The competitive landscape features both established global players and regional manufacturers, with continuous innovation and strategic partnerships influencing market dynamics. The forecast period of 2025-2033 presents substantial opportunities for companies to leverage technological advancements and cater to the specific needs of various industry segments to maximize market share. This in-depth report provides a comprehensive analysis of the global gear and transmission lubricants market, projecting a market value exceeding $30 billion by 2028. We delve into market segmentation, key players, emerging trends, and growth catalysts, offering actionable insights for industry stakeholders. The report leverages extensive market research and data analysis to offer a clear and concise understanding of this crucial sector. Search terms like "synthetic gear oil," "transmission fluid market," "industrial gear lubricant," and "automotive transmission oil" are integrated throughout for optimal online visibility.

The independent lubricants market is experiencing robust growth, driven by increasing demand from diverse sectors like automotive, industrial, and aerospace. While precise figures for market size and CAGR aren't provided, leveraging industry reports and understanding typical growth rates within the lubricants sector, we can reasonably estimate the 2025 market size to be around $40 billion USD. Considering the ongoing expansion of global industrialization and the rising adoption of advanced lubricant technologies, a conservative Compound Annual Growth Rate (CAGR) of 5% can be projected for the forecast period (2025-2033). This growth is fueled by several factors, including the increasing preference for synthetic and bio-based lubricants due to their superior performance and environmental benefits, and the expansion of the automotive and industrial sectors in developing economies. Furthermore, stringent emission regulations are driving the shift towards high-performance, energy-efficient lubricants, further stimulating market growth. However, fluctuating crude oil prices and the potential economic downturns represent significant restraints. The market is segmented by lubricant type (mineral, synthetic, bio-based) and application (automotive, aerospace, marine, industrial, civil engineering), with each segment contributing differently to the overall market expansion. Major players like Shell, ExxonMobil, and FUCHS are actively engaged in research and development to introduce innovative lubricant formulations, fostering competition and driving innovation within the industry. The geographic distribution of the independent lubricants market mirrors the global industrial landscape. North America and Europe currently hold substantial market shares, but the Asia-Pacific region is expected to experience significant growth over the forecast period, driven by rapid industrialization and economic expansion in countries like China and India. This growth in emerging markets presents attractive opportunities for both established and emerging independent lubricant manufacturers, leading to increased competition and innovation. The ongoing shift towards sustainability and the increasing focus on environmental regulations will further shape the market landscape, encouraging the adoption of more eco-friendly lubricant options. The market is expected to witness a shift towards specialized lubricants catering to specific industrial and technological needs.

The Asia-Pacific passenger vehicles lubricants market is experiencing robust growth, driven by the region's expanding automotive sector and rising vehicle ownership, particularly in rapidly developing economies like India and China. The market, valued at approximately $XX million in 2025 (assuming a logical estimation based on the provided CAGR and study period), is projected to exhibit a Compound Annual Growth Rate (CAGR) of 4.81% from 2025 to 2033. This growth is fueled by several key factors, including increasing demand for high-performance lubricants to enhance engine efficiency and longevity, stricter emission regulations promoting the adoption of advanced lubricant technologies, and the rising popularity of passenger vehicles across various segments, from compact cars to luxury SUVs. Furthermore, the growing awareness among consumers regarding the importance of regular vehicle maintenance and the use of quality lubricants is further bolstering market expansion. Significant market segmentation exists based on lubricant type (synthetic, semi-synthetic, mineral), vehicle type (sedans, SUVs, hatchbacks), and sales channel (OEMs, aftermarket). While established international players like BP PLC (Castrol), ExxonMobil Corporation, and Royal Dutch Shell Plc hold significant market share, the presence of strong regional players and emerging lubricant manufacturers presents a competitive landscape. Challenges include fluctuating crude oil prices, which impact raw material costs, and the increasing adoption of electric vehicles which may eventually reduce the demand for traditional engine lubricants. However, the growth in hybrid vehicles is expected to partially offset this impact, as these vehicles still require specialized lubricants. The market's future trajectory hinges on the continued growth of the automotive sector, technological advancements in lubricant formulations, and evolving consumer preferences. Recent developments include: December 2021: ExxonMobil introduced a line of synthetic engine oils, i.e., Mobil Super Pro, for SUVs in India.September 2021: Shell partnered with ReadyAssist, a Bengaluru-based 24-hour roadside assistance firm, to provide a seamless oil changing service across the country. Customers can get a free lube change for their vehicles when they buy Shell lubricants through ReadyAssist, which will be accessible at up to 5,500 third-party retail outlets across the country.September 2021: ExxonMobil launched the Mobil Super All-in-One Protection SUV Pro synthetic engine oil for SUVs.. Notable trends are: Largest Segment By Product Type : Engine Oils.