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

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.

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.

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

Discover the latest insights into the North American passenger vehicle lubricants market. This comprehensive analysis reveals a steady growth trajectory, driven by increasing vehicle numbers and demand for high-performance lubricants. Learn about key players, market segments, and future trends impacting this multi-billion dollar industry. 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.. Notable trends are: Largest Segment By Product Type : Engine Oils.

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

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.

According to Cognitive Market Research, the global Lubricating Grease market size was USD 125262.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 50105.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 37578.78 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 28810.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 6263.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2505.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
The Calcium-Based Grease category is the fastest growing segment of the Lubricating Grease industry

Market Dynamics of Lubricating Grease Market

Key Drivers for Lubricating Grease Market

Growing Automotive Industry to Boost Market Growth

The growing automotive industry is a key driver for the lubricating grease market due to the increasing production and ownership of vehicles globally. As vehicle manufacturing rises, especially in emerging economies like China, India, and Brazil, the demand for lubricating greases used in various automotive components such as bearings, chassis, and gearboxes also surges. Greases are essential for reducing friction, wear, and overheating in automotive parts, ensuring smooth functioning and extending vehicle lifespan. Additionally, the expansion of the electric vehicle (EV) market further accelerates the need for specialized greases to meet the unique lubrication requirements of EV components. With rising consumer demand for more vehicles and increased focus on efficient vehicle maintenance, the automotive sector significantly boosts the lubricating grease market. For instance, Shell plc's subsidiary, Shell Lubricants, has finalized the acquisition of MIDEL and MIVOLT, both based in the United Kingdom, from Manchester's M&I Materials Ltd. This acquisition aims to manufacture, distribute, and promote the MIDEL and MIVOLT product lines, integrating them into Shell's global lubricants portfolio.

Expanding industries such as manufacturing, mining, and construction to Drive Market Growth

Expanding industries such as manufacturing, mining, and construction are driving the lubricating grease market due to their heavy reliance on machinery and equipment that require regular maintenance for optimal performance. In manufacturing, greases are essential for the smooth operation of machinery, reducing wear, friction, and downtime. In mining, the harsh working conditions and heavy-duty equipment demand high-performance lubricating greases to ensure durability and extend equipment lifespan. Similarly, the construction industry depends on greases for maintaining large-scale machinery, such as excavators and loaders, to prevent breakdowns and increase efficiency. As these industries continue to grow, especially in emerging economies, the demand for industrial lubricating greases is increasing, driven by the need for enhanced equipment reliability and productivity.

Restraint Factor for the Lubricating Grease Market

Volatility in Raw Material Prices will Limit Market Growth

Volatility in raw material prices is a significant restraint for the lubricating grease market because many of the essential components, such as base oils and additives, are derived from crude oil. Fluctuations in crude oil prices can lead to unpredictable production costs for manufacturers, affecting the overall pricing of lubricating greases. When raw material costs increase, manufacturers face pressure to raise product prices, which can reduce demand, especially among cost-sensitive industries. This volatility also makes it difficult for companies to maintain stable profit margins and plan long-term investments. Additionally, sharp price fluctuations can disrupt supply chains, leading to inconsistencies in availability. As a result...

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 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.

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.

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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

Lubricating Grease market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.

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Automotive Grease Market Size 2024-2028

The automotive grease market size is forecast to increase by USD 421.1 million at a CAGR of 3.4% between 2023 and 2028.

The market is witnessing significant growth due to the expansion of the automotive industry, particularly in sectors such as three-wheelers, passenger cars, lightweight commercial vehicles, and heavy-weight commercial vehicles. Additionally, there is an increasing focus on the use of eco-friendly and biodegradable greases to reduce environmental impact. However, fluctuations in raw material prices pose a challenge to market growth. In the US, this trend is observed across various automotive sectors, with an emphasis on the production of electric vehicles (EVs) and the development of advanced automotive components. The lubricants market is expected to continue its growth trajectory, driven by these factors, despite any challenges that may arise.

What will be the Size of the Automotive Grease Market During the Forecast Period?

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The market is experiencing significant growth due to several factors. One of the primary drivers is the increasing production of private vehicles, which necessitates the use of high-performance lubricants to ensure the smooth operation of automotive components. Economic stability and consumer affordability are also crucial factors influencing the market's growth. As consumers seek to maintain their vehicles in optimal condition, they are willing to invest in premium lubricants, including synthetic lubricants and environmentally friendly alternatives. Synthetic lubricants, such as Savsol Ester 5 from Savita Oil Technologies, have gained popularity due to their superior performance and extended service life. These lubricants offer better protection against wear and corrosion, making them an ideal choice for various automotive applications. Mineral oils continue to dominate the market due to their affordability and widespread availability. However, the shift towards more eco-friendly solutions is driving the demand for bio-based lubricants and fully synthetic oil. The rapid industrialization and increasing adoption of electric vehicles (EVs) are also contributing to the growth of the market.
Furthermore, the production of EV batteries requires specialized lubricants to ensure efficient cooling and prolonged battery life. The automobile manufacturing industry, including major players such as Volkswagen, Mercedes-Benz, and Porsche, is a significant consumer of automotive grease. These companies rely on high-quality lubricants to ensure the optimal performance of their vehicles and maintain their competitive edge. The trend towards sustainable and eco-friendly solutions is also driving the demand for environmentally friendly lubricants. Savsol Ester 5, for instance, is a bio-based lubricant that offers excellent performance and reduces the carbon footprint of automotive applications. Thus, the market is poised for growth due to the increasing production of private vehicles, the shift towards more eco-friendly solutions, and the demand for high-performance lubricants from the automobile manufacturing industry. The market is expected to continue growing as the industry adapts to the changing landscape, driven by factors such as economic stability, consumer affordability, and the increasing adoption of electric vehicles.

How is this Automotive Grease Industry segmented and which is the largest segment?

The automotive grease industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Distribution Channel

  Aftermarket
  OEM


Source

  Mineral oil
  Synthetic oil
  Bio-based oil


Geography

  APAC

    China
    India
    Japan


  North America

    US


  Europe

    Germany
    UK


  Middle East and Africa



  South America

By Distribution Channel Insights

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

The market encompasses the sales of this essential product through various distribution channels, including retail stores, online platforms, service stations, and workshops, following the initial sale of a vehicle. The global growth in vehicle ownership is leading to an increased emphasis on maintenance and repair services. Consumers worldwide understand the significance of regular vehicle maintenance to prolong its lifespan, thereby driving the demand for automotive greases used in various applications.

Furthermore, the advent of e-commerce has revolutionized the way consumers purchase automotive products. Online platforms offer convenience and a broader selection of greases, enabling easier access and comparison for consumers, resulting in increased sales of automotive grease In the aftermar

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 )