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Automotive Lubricant Market By Product Type (Engine Oil, Gear Oil, Transmission Fluids, Brake Fluid, Coolant, Grease); By Application (Passenger Cars, Light Commercial Vehicles, Minibuses, Trucks, Buses); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032

Automotive Lubricant Market Overview and Definition

The global automotive lubricant market size was valued at around USD 75.2 billion in 2022 and is projected to grow at a compound annual rate of growth (CAGR) of around 2.4% from 2022 to 2032.The market size is projected to succeed in USD 95.5 billion by 2032.

The automotive lubricant market refers to the market for various types of lubricants used in the automotive industry, including engine oils, transmission fluids, gear oils, and other lubricants used in automotive applications. Lubricants are essential for the proper functioning of automotive machinery, helping to reduce friction and wear, dissipate heat, and protect against corrosion.

The global automotive lubricant market is expected to experience significant growth over the coming years, driven by factors such as increasing demand for passenger and commercial vehicles, rising automotive production, and the growing focus on fuel efficiency and environmental sustainability.

The market research report demonstrates market dynamics including growth drivers, barriers and opportunities and trends spearheading current nature and future status of this market. The report is supplemented with various indicators which are believed to propel the growth of the market during the forecast period.

In Addition, Porter’s Five Forces analysis demonstrates the five forces i.e. buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in Automotive Lubricant market. The report also offers value chain analysis for the Automotive Lubricant market.


Global Automotive Lubricant Market Size & Forecast 

The report reviews the preliminary estimates for 2022 and forecasts for growth in Automotive Lubricant demand for 2022-2032. It analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the geographies are fragmented into country and regional groupings:

- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

The report segments the market based on Product Type into...

- Engine Oil
- Gear Oil
- Transmission Fluids
- Brake Fluid
- Coolant
- Grease

Further, the market has been also segmented by Application into…

- Passenger Cars
- Light Commercial Vehicles
- Minibuses
- Trucks
- Buses

Along with figures and tables, a market attractiveness and BPS analysis has been provided for every segment in the report.


Global Automotive Lubricant Market Competitive Landscape

The report also highlights the competitive landscape of the global Automotive Lubricant market, positioning of all the major players in industry. Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

The research study includes profiles of leading companies operating in the global Automotive Lubricant market.


Automotive Lubricant Market Key Players

- Royal Dutch Shell plc
- ExxonMobil Corporation
- BP p.l.c.
- Chevron Corporation
- Total S.A.
- Sinopec Corporation
- Fuchs Lubricants Co.
- LUKOIL
- Phillips 66 Company
- Valvoline LLC
- Repsol S.A.
- JXTG Nippon Oil & Energy Corporation
- Bharat Petroleum Corporation Limited
- Others Major & Niche Key Players


Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Drivers & Issues in Global Automotive Lubricant Market
3. Global Automotive Lubricant Market Trends
4. Opportunities in Global Automotive Lubricant Market
5. Recent Industry Activities, 2019
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Automotive Lubricant Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

9. Global Automotive Lubricant Market Segmentation Analysis, By Product Type
9.1. Introduction
9.2. Market Attractiveness, By Product Type
9.3. BPS Analysis, By Product Type
9.3.1. Engine Oil
9.3.2. Gear Oil
9.3.3. Transmission Fluids
9.3.4. Brake Fluid
9.3.5. Coolant
9.3.6. Grease

10. Global Automotive Lubricant Market Segmentation Analysis, By Application
10.1. Introduction
10.2. Market Attractiveness, By Application
10.3. BPS Analysis, By Application
10.3.1. Passenger Cars
10.3.2. Light Commercial Vehicles
10.3.3. Minibuses
10.3.4. Trucks
10.3.5. Buses

11. Geographical Analysis
11.1. Introduction
11.2. North America Automotive Lubricant Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.1. By Product Type
11.2.2. By Application
11.2.3. By Country
11.2.3.1. Market Attractiveness, By End-user
11.2.3.2. BPS Analysis, By End-User
11.2.3.3. U.S. Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.2.3.4. Canada Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

11.3. Europe Automotive Lubricant Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.1. By Product Type
11.3.2. By Application
11.3.3. By Country
11.3.3.1. Market Attractiveness, By Country
11.3.3.2. BPS Analysis, By Country
11.3.3.3. Germany Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.4. United Kingdom Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.5. France Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.6. Italy Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.7. Spain Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.8. Russia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.3.3.9. Rest of Europe Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

11.4. Asia Pacific Automotive Lubricant Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.1. By Product Type
11.4.2. By Application
11.4.3. By Country
11.4.3.1. Market Attractiveness, By Country
11.4.3.2. BPS Analysis, By Country
11.4.3.3. China Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.4. India Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.5. Japan Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.6. South Korea Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.7. Indonesia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.8. Taiwan Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.9. Australia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.10. New Zealand Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.4.3.11. Rest of Asia Pacific Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

11.5. Latin America Automotive Lubricant Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.1. By Product Type
11.5.2. By Application
11.5.3. By Country
11.5.3.1. Market Attractiveness, By Country
11.5.3.2. BPS Analysis, By Country
11.5.3.3. Brazil Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3.4. Mexico Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5.3.5. Rest of Latin America Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

11.6. Middle East & Africa Automotive Lubricant Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.1. By Product Type
11.6.2. By Application
11.6.3. By Country
11.6.3.1. Market Attractiveness, By Geography
11.6.3.2. BPS Analysis, By Geography
11.6.3.3. GCC Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.4. North Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.5. South Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6.3.6. Rest of Middle East & Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

12. Competitive Landscape
12.1. Market Share of Key Players
12.2. Market Positioning of Major Players in Global Automotive Lubricant Market
12.3. Company Profiles
12.3.1. Royal Dutch Shell plc
12.3.1.1. Product Offered
12.3.1.2. Business Strategy
12.3.1.3. Financials
12.3.1.4. SWOT Analysis
12.3.1.5. Market Share Analysis
12.3.1.6. Key Achievements & Developments
12.3.2. ExxonMobil Corporation
12.3.3. BP p.l.c.
12.3.4. Chevron Corporation
12.3.5. Total S.A.
12.3.6. Sinopec Corporation
12.3.7. Fuchs Lubricants Co.
12.3.8. LUKOIL
12.3.9. Phillips 66 Company
12.3.10. Valvoline LLC
12.3.11. Repsol S.A.
12.3.12. JXTG Nippon Oil & Energy Corporation
12.3.13. Bharat Petroleum Corporation Limited
12.3.14. Other Major & Niche Players


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Booklet
  • Publication date: 16th November 2023
  • Base year: 2022
  • Forecast year: 2023-2033
  • Format: PDF, PPT,Word,Excel

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Frequently Asked Questions(FAQ)

Automotive lubricants are products that are used to reduce friction between moving parts in a vehicle's engine and other components. They also help to dissipate heat and protect against corrosion.

The global automotive lubricants market reached a value of USD 75.2 Billion in 2021 and is expected to reach USD 95.5 Billion by 2032, exhibiting a CAGR of 5.5% during 2022-2032. 

There are several types of automotive lubricants, including engine oils, transmission fluids, gear oils, and other lubricants used in automotive applications.

The growth of the automotive lubricant market is being driven by factors such as increasing demand for passenger and commercial vehicles, rising automotive production, and the growing focus on fuel efficiency and environmental sustainability.

Some of the key players in the automotive lubricant market include Royal Dutch Shell, ExxonMobil Corporation, BP Plc, Chevron Corporation, Total S.A., and Fuchs Petrolub SE.

Engine oils are the largest segment of the automotive lubricant market, accounting for a significant share of the overall revenue.

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