The United States Lubricants Market is segmented by End User ( Automotive, Heavy Equipment, Metallurgy & Metalworking, Power Generation ) and by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission & Gear Oils )

United States lubricants market size reached USD 32.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 41.9 Million by 2033, exhibiting a growth rate (CAGR) of 2.9% during ​2025-2033​. The escalating advances in lubricant technology, including the development of high-performance synthetic lubricants, which contribute to increased efficiency and extended equipment life, are driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 32.6 Million
Market Forecast in 2033	USD 41.9 Million
Market Growth Rate 2025-2033	2.9%

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, base oil, and end use industry.

The total market value of lubricants in the United States amounted to nearly ** billion U.S. dollars in 2021. That was an increase of more than *** billion U.S. dollars compared to seven years previously in 2014.

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 United States lubricants market was valued at USD 40.33 Billion in 2024. The industry is expected to grow at a CAGR of 3.00% during the forecast period of 2025-2034 to attain a valuation of USD 54.20 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.

This statistic shows the market share of the lubricants industry in the United States as of 2017, by area of application. At that time, a ** percent share of the U.S. lubricants market was attributable to consumer automotive applications.

The United States lubricants market size was valued at USD XX million in 2025 and is projected to grow at a CAGR of XXX% from 2025 to 2033. The growth of the market can be attributed to rising demand from automotive, heavy equipment, and industrial sectors. Increasing government regulations regarding emissions and energy efficiency are also driving the adoption of high-performance lubricants. Key factors driving the United States lubricants market include growing demand from the automotive sector, increasing urbanization, and the rising popularity of electric vehicles. Additionally, the increasing awareness of the benefits of lubricants, such as reduced friction and wear, improved efficiency, and extended equipment life, is further contributing to the market growth. The presence of leading manufacturers such as BP Plc, Chevron Corporation, and ExxonMobil Corporation further strengthens the market landscape. Recent developments include: May 2022: TotalEnergies, NEXUS Automotive Extend Strategic Partnership for a period of five years. As part of this partnership, TotalEnergies Lubricants will be expanding its presence in the burgeoning N! community, which has seen rapid growth in sales from EUR 7.2 billion in 2015 to nearly EUR 35 billion by the end of 2021.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.. Notable trends are: Largest Segment By End User : Automotive.

The United States Commercial Vehicles Lubricants Market is segmented by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils )

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% during the forecast period

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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

The U.S. industrial lubricants market is projected to grow at a CAGR of 3.11% from 2022 to 2027 and is expected to reach USD 14.1 billion by 2027 from USD 11.7 billion in 2021.

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 lubricant market is valued at US$ 174.94 billion in 2024 and is projected to reach US$ 271.68 billion by 2034, exhibiting a modest CAGR of 4.50% over the forecast period.

Attributes	Key Statistics
Lubricant Market Value (2024)	US$ 174.94 billion
Anticipated Market Value (2034)	US$ 271.68 billion
Estimated Growth (2024 to 2034)	4.50% CAGR

Category-wise Insights

Attributes	Details
Leading Base Oil Type	Synthetic
Market Share in 2024	39.43%

Attributes	Details
Top Product Type	Automotive Oil
Market Share	36.54%

Country-wise Insights

Countries	CAGR through 2034
Australia	6.8%
India	6.8%
China	5.70%
The United States	3.70%
Germany	2.80%

This statistic shows the estimated market value of industrial 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 industrial lubricants will amount to nearly ************ U.S. dollars in 2025.

The United States passenger vehicles lubricants market, valued at approximately $15 billion in 2025, is projected to experience steady growth, driven by a rising vehicle population and increasing miles driven annually. The market's Compound Annual Growth Rate (CAGR) of 0.98% from 2019 to 2024 suggests a relatively stable, mature market, but underlying trends point to subtle shifts. Growth is being fueled by the increasing adoption of advanced engine technologies requiring specialized lubricants, particularly in newer vehicles. The shift toward higher fuel efficiency standards indirectly impacts lubricant demand, as manufacturers optimize engine designs to minimize friction and energy loss. The market is segmented into engine oils, greases, hydraulic fluids, and transmission & gear oils, with engine oils dominating market share due to frequent replacement needs. Major players like AMSOIL, Castrol, Chevron, ExxonMobil, and others, compete intensely, focusing on brand recognition, technological advancements, and distribution networks. However, price fluctuations in crude oil and increasing environmental regulations present challenges to consistent growth. Looking ahead to 2033, the market is expected to witness moderate expansion, influenced by evolving consumer preferences for longer-lasting, higher-performance lubricants and the increasing focus on sustainability. The growing adoption of electric vehicles (EVs) poses a potential long-term threat, albeit a gradual one, as EVs require fewer lubricants compared to traditional internal combustion engine vehicles. However, the ongoing growth in the fleet of hybrid vehicles offers a potential counterbalance, maintaining demand for specialized lubricants in this segment. The competitive landscape will likely continue to consolidate, with larger players acquiring smaller businesses and emphasizing innovation to meet evolving market demands. Continued research and development efforts will likely focus on developing environmentally friendly lubricants that meet stringent emission standards and performance criteria. 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.May 2021: CITGO Lubricants launched its new motor oils (SuperGard) to meet the ILSAC GF-6 Motor Oils Standard. These oils address the requirement for improved mileage and upgraded motor abilities for passenger vehicles.. Notable trends are: Largest Segment By Product Type : Engine Oils.

The United States passenger vehicles lubricants market size is projected to reach $XX million by 2033, growing at a CAGR of 0.98% from 2025 to 2033. The growth of the market is attributed to the increasing demand for passenger vehicles, the growing popularity of synthetic lubricants, and the rising awareness of the importance of vehicle maintenance. Key drivers of the market include the growing popularity of electric and hybrid vehicles, the increasing demand for high-performance lubricants, and the rising adoption of advanced lubrication technologies. However, the market is restrained by factors such as the high cost of synthetic lubricants and the environmental concerns associated with the use of lubricants. The market is segmented by product type, application, and region. By product type, the engine oils segment is expected to account for the largest share of the market during the forecast period. By application, the passenger cars segment is expected to dominate the market. The United States is the largest market for passenger vehicles lubricants in the world. 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.May 2021: CITGO Lubricants launched its new motor oils (SuperGard) to meet the ILSAC GF-6 Motor Oils Standard. These oils address the requirement for improved mileage and upgraded motor abilities for passenger vehicles.. 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.

Lubricant oil manufacturers have faced significant volatility in recent years because of fluctuating crude oil prices and shifting economic conditions. During the pandemic, demand for lubricant oil plummeted as industrial activity and automobile usage dropped, causing revenue to plunge. As the economy reopened and oil prices surged, revenue rebounded sharply in 2021 and 2022. However, recessionary fears resulting from the Federal Reserve’s interest rate hikes, along with a drop in oil prices post-pandemic, pressured revenue again in 2023 and kept it flat in 2024. Tariffs and new economic uncertainties have reignited concerns about future demand, with forecasts indicating a potential revenue decline in 2025. The industry has also consolidated as larger companies with broader resources weathered volatility better than smaller firms. Specialization in niche and high-performance products, such as synthetic and recycled oils, has driven customer loyalty and helped sustain providers’ revenue and also boosted consolidation. The rise of electric vehicles (EVs) poses a long-term threat, though their impact is currently softened by the ongoing demand for traditional vehicles. Overall, revenue for lubricant oil manufacturers has expanded at a CAGR of 4.1% over the past five years, reaching $25.7 billion in 2025, including a 1.1% drop in revenue in that year. Lubricant oil manufacturers face several challenges and opportunities moving forward. Tariffs imposed by the Trump administration are expected to strengthen consumer prices and production costs, squeezing household spending and risking a mild economic downturn. Despite these headwinds, signs point toward recovery through higher productivity and increasing vehicle registrations, which will drive demand for lubricant oils. Regardless, falling oil prices may limit potential revenue gains. The growing emphasis on sustainability, with consumers favoring recycled and synthetic oils, offers new revenue streams. Larger companies may initially dominate this market due to economies of scale, although smaller firms could compete by investing in sustainable products. Increased automation and technological advancements are likely to cut costs and improve efficiency, slightly reducing wage expenses while supporting long-term profit growth. Overall, revenue for lubricant oil producers is forecast to creep upward at a CAGR of 1.4% over the next five years, reaching $27.5 billion in 2030.

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 *** million tons.

The North American oil and gas lubricants market, encompassing the United States, Canada, and Mexico, exhibits robust growth potential, driven by increasing oil and gas production activities and a rising demand for specialized lubricants to enhance operational efficiency and extend equipment lifespan. The market's expansion is fueled by several key factors. Firstly, the ongoing exploration and development of new oil and gas reserves, particularly in unconventional sources like shale gas and tight oil, necessitates a consistent supply of high-performance lubricants. Secondly, stringent environmental regulations promoting reduced emissions and improved waste management are driving demand for eco-friendly lubricants. This trend is further amplified by the increasing adoption of advanced lubrication technologies that minimize energy consumption and operational costs. Finally, the growing emphasis on predictive maintenance and digitalization within the oil and gas sector is leading to increased lubricant consumption as operators optimize equipment performance through data-driven insights. Segment-wise, the onshore segment is currently larger than the offshore segment due to higher oil and gas extraction activities on land. However, offshore operations are expected to witness significant growth, driven by technological advancements enabling exploration in deeper waters. Among product types, engine oils and hydraulic fluids hold significant market share, while grease and coolants also contribute substantially. The downstream sector shows higher demand compared to upstream and midstream due to the concentration of refining and processing activities, increasing lubricant demand at those stages. Major players, including BP, Chevron, ExxonMobil, and Shell, are actively investing in research and development, introducing advanced lubricant formulations to cater to the evolving needs of the industry. The market's positive trajectory is expected to continue throughout the forecast period. The competitive landscape is characterized by both large multinational corporations and specialized lubricant manufacturers. These companies compete based on factors such as product quality, price, technological innovation, and distribution networks. While established players dominate the market, opportunities exist for smaller companies specializing in niche lubricant applications or offering sustainable solutions. The forecast period of 2025-2033 presents significant expansion potential, although potential restraints exist, including fluctuating oil prices, economic downturns, and the potential impact of technological advancements in alternative energy sources. However, the continued growth of the oil and gas industry, driven by global energy demand, is likely to outweigh these challenges, ensuring sustained market expansion. Considering the given CAGR of >1.00%, a conservative estimate places annual growth within the range of 1.5% to 2.0% throughout the forecast period. This assumes a consistent level of exploration and production activity, and a moderate adoption rate of innovative lubrication technologies. Recent developments include: In December 2022, Shell acquired Allied Reliability, expanding its North American lubricants business. This is in line with its global lubricants strategy of expanding its premium product offering and presence in the industrial sector and providing complementary services to provide a strong value proposition to its customers., In August 2022, Valvoline Inc. announced the sale of its global products business, including lubricants, to Saudi Aramco for USD 2.65 billion in cash as the company increased its focus on its retail services unit.. Key drivers for this market are: Growing Interest towards Unconventional Reserves, Technological Advancement Leading to Higher Well Production Rates. Potential restraints include: Growing Interest towards Unconventional Reserves, Technological Advancement Leading to Higher Well Production Rates. Notable trends are: Offshore Exploration is Expected to Experience the Highest Growth.

The size of the United States Commercial Vehicles Lubricants Market was valued at USD 461 Million in 2023 and is projected to reach USD 471 Million by 2032, with an expected CAGR of 1.04% during the forecast period. Key factors driving this growth include the increasing demand for commercial vehicles, stringent emission regulations, and technological advancements in lubricant formulations. Commercial vehicles play a vital role in the transportation of goods and services, and the growth of e-commerce and logistics industries is expected to drive the demand for these vehicles. Additionally, government regulations aimed at reducing emissions are encouraging the use of low-friction and fuel-efficient lubricants, creating opportunities for market growth. 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.. 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.