The report covers North American lubricants Companies and the market is segmented by end-user (automotive, heavy equipment, metallurgy & metalworking, power generation), by product type (engine oils, greases, hydraulic fluids, metalworking fluids, transmission & gear oils), and by country (Canada, Mexico, United States).

The market value of lubricants and fuel additives in North America reached *** billion U.S. dollars in 2023 and is forecast to climb to more than *** billion U.S. dollars by 2031. More information on the lubricant and fuel additives market can be found here.

The North America 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), Vehicle Type (Passenger Vehicles, Commercial Vehicles, and Two-Wheelers), and Geography (United States, Canada, Mexico). The Market Forecasts are Provided in Terms of Volume (Litres).

The North America Oil & Gas Lubricants Market is segmented by Location (Onshore and Offshore), Product Type (Grease, Coolant/Anti-freezer, Engine Oils, Hydraulic Fluids, and Other Product Types), Sector (Upstream, Midstream, and Downstream), and Geography (US, Canada, Mexico, and Rest of North America). The report offers the market sizes and forecasts in volume (kiloton) for all the above segments.

The North America Lubricants market was valued more than USD 25 Billion in 2023 due to Expansion of automotive fleet

Technological advancements in the North America Lubricants industry are shaping the future market landscape. The report evaluates innovation-driven growth and how emerging technologies are transforming industry practices, offering a comprehensive outlook on future opportunities and market potential.

The size of the North America Passenger Vehicles Lubricants Market was valued at USD 22.56 Million in 2023 and is projected to reach USD 32.86 Million by 2032, with an expected CAGR of 0.98% during the forecast period. Recent developments include: July 2021: Mighty Distributing System (Mighty Auto Parts), a pioneer in automotive aftermarket goods and services, announced a new relationship with Total Specialties USA. It would target the Quartz Ineo and Quartz 9000 sub-ranges, geared for light automobiles and meet European OEMs' most stringent criteria.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.June 2021: Castrol launched Castrol ON TM, a new line of e-fluids for electric vehicles. It includes e-greases, e-thermal fluids, and e-transmission fluids, all of which are employed in different electrical vehicle applications.. Key drivers for this market are: Increasing Automotive Production and Sales, Increasing Adoption of High-performance Lubricants. Potential restraints include: Extended Drain Intervals, Modest Impact of Electric Vehicles (EVs) in the Future. Notable trends are: Largest Segment By Product Type : Engine Oils.

The North America automotive lubricants market size reached approximately USD 22.56 Billion in 2024. The market is projected to grow at a CAGR of 4.20% between 2025 and 2034, reaching a value of around USD 34.04 Billion by 2034.

USD 22496.46 Million in 2024; projected USD 34729.78 Million by 2033; CAGR 4.93%.

The fluids and lubricants market in North America was worth some **** billion U.S. dollars in 2023. In 2024, the market value for such products is expected to amount to more than ** billion U.S. dollars.More information on the fluids and lubricants market can be found here.

The size of the North America Commercial Vehicles Lubricants Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 1.01% during 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.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.July 2021: Mighty Distributing System (Mighty Auto Parts), a pioneer in automotive aftermarket goods and services, announced a new relationship with Total Specialties USA. It would target the Quartz Ineo and Quartz 9000 sub-ranges, geared for light automobiles and meet European OEMs' most stringent criteria.. Notable trends are: Largest Segment By Product Type : Engine Oils.

The North America Commercial Vehicles Lubricants Market is segmented by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils ) and by Country ( Canada, Mexico, United States )

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Lubricants Market Size 2025-2029

The lubricants market size is valued to increase by USD 26.7 billion, at a CAGR of 3.5% from 2024 to 2029. Increasing demand for lubricants from end-user industries will drive the lubricants market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 38% growth during the forecast period.
By Application - Automotive oils segment was valued at USD 71.80 billion in 2023
By Product - Mineral oil-based lubricants segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 31.96 billion
Market Future Opportunities: USD 26.70 billion
CAGR from 2024 to 2029 : 3.5%

Market Summary

The market experiences continuous expansion due to the escalating demand from various end-user industries, including automotive, manufacturing, and power generation. One significant trend shaping this sector is the increasing adoption of bio-based lubricants, which offer environmental benefits and improved performance. These eco-friendly alternatives have gained traction, especially in industries striving for sustainability. Crude oil price fluctuations significantly impact the market, as petroleum-derived lubricants account for a substantial portion of the overall demand. The market's size was valued at USD 165.5 billion in 2020, according to market research. As industries adapt to the evolving market landscape, they seek advanced lubricant solutions to enhance efficiency, reduce downtime, and ensure optimal performance.
Innovations in lubricant technology, such as nanotechnology and synthetic lubricants, are driving growth in the market. These advancements offer improved wear protection, increased energy efficiency, and extended lubricant life. As industries continue to prioritize productivity and sustainability, the market is poised for continued expansion.

What will be the Size of the Lubricants Market during the forecast period?

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How is the Lubricants Market Segmented?

The lubricants industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Automotive oils
  Industrial oils
  Process oils
  Metalworking fluids
  Greases


Product

  Mineral oil-based lubricants
  Synthetic lubricants
  Bio-based lubricants


Grade Type

  Group II
  Group III
  Group I
  Group IV
  Group V


End-user

  Transportation
  Manufacturing
  Construction
  Mining
  Agriculture
  Others


Distribution Channel

  Direct Sales
  Distributors/Wholesalers
  Retail
  Online


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The automotive oils segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth, fueled by the increasing production and demand for vehicles, particularly in developing countries like China, India, Brazil, and Indonesia. This expanding automotive sector relies heavily on lubricants, which are essential for reducing friction and wear in various automotive applications, such as engine oils, hydraulic fluids, and gear lubricants. The market is witnessing a shift towards synthetic lubricants, including synthetic esters and synthetic lubricants, due to their superior performance under extreme pressure and high temperatures. These advanced lubricants offer enhanced wear protection, oxidation inhibition, and viscosity control. Moreover, the demand for biodegradable lubricants and those with improved rheological properties is on the rise, driven by environmental concerns and the need for improved tribology testing and oil analysis.

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The Automotive oils segment was valued at USD 71.80 billion in 2019 and showed a gradual increase during the forecast period.

According to recent industry reports, the market is projected to grow, reaching a market size of USD 212.4 billion by 2026. This growth is attributed to the increasing demand for high-performance lubricants, the ongoing research and development in lubricant technology, and the expanding automotive and industrial sectors.

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Regional Analysis

APAC is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The mark

The North America commercial vehicles lubricants market, encompassing engine oils, greases, hydraulic fluids, and transmission & gear oils, presents a compelling investment landscape. While the provided CAGR of 1.01% suggests moderate growth, considerations of fleet expansion, increasing trucking activity driven by e-commerce and supply chain needs, and stringent emission regulations paint a more nuanced picture. The market is projected to experience a gradual yet consistent expansion, primarily fueled by the demand for high-performance lubricants that enhance fuel efficiency and extend the lifespan of commercial vehicle engines. This is further amplified by the growing adoption of advanced lubricant technologies designed to meet the stricter environmental standards. Major players like ExxonMobil, Shell, and Castrol are likely to dominate the market through their established distribution networks and brand recognition, while smaller players will focus on niche segments or regional dominance. However, several factors could temper this growth. Fluctuations in crude oil prices directly impact lubricant production costs, potentially leading to price volatility and impacting market expansion. Furthermore, the increasing adoption of alternative fuel technologies in commercial vehicles, such as electric and hybrid vehicles, could pose a long-term challenge to the traditional lubricants market. Despite this, the market's sustained growth is anticipated, primarily driven by the robust demand for commercial transportation services in North America and the crucial role of lubricants in maintaining vehicle efficiency and longevity. The market segmentation by product type offers significant opportunities for specialized lubricant manufacturers to cater to specific needs and further drive market growth within niche segments. 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.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.July 2021: Mighty Distributing System (Mighty Auto Parts), a pioneer in automotive aftermarket goods and services, announced a new relationship with Total Specialties USA. It would target the Quartz Ineo and Quartz 9000 sub-ranges, geared for light automobiles and meet European OEMs' most stringent criteria.. Notable trends are: Largest Segment By Product Type : Engine Oils.

North America Lubricants Market size was valued at USD 24.72 Billion in 2024 and is projected to reach USD 39.78 Billion by 2032, growing at a CAGR of 6.13% during the forecast period from 2026-2032.

North America Lubricants Market: Definition/ Overview

Lubricants are substances, typically liquid, semi-solid, or solid, that reduce friction between moving surfaces. They minimize wear and heat generation by forming a protective film, thereby extending the lifespan and enhancing the efficiency of mechanical components. They also serve to control corrosion, dissipate heat, and remove contaminants from mechanical systems. Lubricants are essential across diverse industries, including automotive, aerospace, and manufacturing, ensuring optimal performance and reliability of machinery.

Lubricants serve to minimize friction and wear between moving surfaces, thereby extending equipment lifespan and enhancing operational efficiency.

The North America oil and gas lubricants market size reached USD 33.20 Billion in 2024. The market is expected to grow at a CAGR of 1.80% between 2025 and 2034, reaching almost USD 39.68 Billion by 2034.

USD 593.57 Million in 2024; projected USD 1091.49 Million by 2033; CAGR 6.98%.

The North America Artificial Tears and Lubricants market report offers a thorough competitive analysis, mapping key players’ strategies, market share, and business models. It provides insights into competitor dynamics, helping companies align their strategies with the current market landscape and future trends.

In North America Lubricants Market, Fuchs Petrolub entered a technology-sharing agreement with an automotive components supplier to co-develop e-mobility lubricants and thermal fluids.

Lubricants Market Outlook

According to our latest research, the global lubricants market size in 2024 stands at USD 142.8 billion, reflecting steady expansion driven by industrialization and automotive demand. The market is projected to grow at a CAGR of 3.2% from 2025 to 2033, reaching an estimated USD 189.2 billion by the end of the forecast period. This growth is underpinned by rising vehicle production, increasing industrial output, and a surge in demand for high-performance lubricants across diverse sectors, as per our comprehensive analysis.

One of the primary growth factors for the lubricants market is the robust expansion of the global automotive sector. As vehicle ownership soars in emerging economies and established markets alike, the need for high-quality lubricants to ensure optimal engine performance and longevity is surging. Technological advancements in engine design and stricter emission norms are also compelling manufacturers to develop advanced lubricant formulations that cater to new-generation engines. These factors, coupled with the increasing consumer preference for fuel-efficient and low-emission vehicles, are significantly contributing to the rising consumption of both synthetic and semi-synthetic lubricants worldwide.

Another key driver shaping the lubricants market is the rapid industrialization observed across Asia Pacific, Latin America, and parts of Africa. Industrial machinery, power generation equipment, and manufacturing processes require reliable lubrication to maintain operational efficiency and reduce downtime. The expansion of sectors such as construction, mining, and energy has led to a heightened focus on equipment maintenance, thereby fueling demand for industrial lubricants. Furthermore, the ongoing shift towards automation and digitization in manufacturing is prompting the adoption of specialty lubricants tailored for new machinery and robotic applications, further propelling market growth.

Sustainability trends and environmental regulations are also influencing the lubricants market, particularly with the emergence of bio-based and eco-friendly lubricant solutions. Stringent government policies aimed at reducing carbon emissions and minimizing environmental impact are encouraging both manufacturers and end-users to transition towards biodegradable and low-toxicity lubricants. The development of advanced bio-based lubricants, which offer comparable or superior performance to traditional mineral oil-based products, is gaining traction, especially in regions with strong regulatory frameworks such as Europe and North America. This shift not only aligns with global sustainability goals but also opens up new avenues for innovation and differentiation within the market.

The role of Oil & Gas Lubricants in the industry is becoming increasingly significant as the demand for energy continues to rise globally. These lubricants are essential for the smooth operation of machinery and equipment in the oil and gas sector, where they help reduce friction, wear, and corrosion. With the ongoing exploration and production activities in both conventional and unconventional oil and gas fields, the need for high-performance lubricants that can withstand extreme temperatures and pressures is paramount. Additionally, the push for more sustainable and efficient operations in the oil and gas industry is driving innovation in lubricant formulations, ensuring they meet the stringent requirements of modern extraction and processing technologies. This trend is expected to bolster the growth of the lubricants market, particularly in regions with significant oil and gas activities.

Regionally, the Asia Pacific dominates the global lubricants market, accounting for a significant share of total consumption and revenue. This leadership is attributed to the regionÂ’s booming automotive industry, rapid industrial expansion, and large-scale infrastructure development. Countries like China, India, and Japan are major contributors, with their growing manufacturing bases and rising vehicle fleets. North America and Europe follow, supported by technological advancements, high awareness regarding equipment maintenance, and strict environmental standards. Emerging markets in Latin America and the Middle East & Africa are also witnessing steady growth, driven by indu