Global Automotive Lubricants Market Size Study, by Product (Engine Oil, Gear Oil, Transmission Fluids, Brake Fluids, Coolants, Greases), and Regional Forecasts 2022-2032

Description

The Global Automotive Lubricants Market is valued at approximately USD 72.05 billion in 2023 and is projected to grow steadily at a CAGR of 3.50% during the forecast period from 2024 to 2032. Automotive lubricants, the lifeblood of efficient vehicle performance, are critical for reducing friction, ensuring smooth engine operation, and extending vehicle lifespan. Engine oil, gear oil, transmission fluids, and other lubricants are indispensable in improving fuel efficiency and reducing wear and tear in vehicles, making them a cornerstone of the global automotive industry.

With the accelerating shift towards advanced and hybrid engine technologies, the automotive lubricants market is undergoing transformative changes. Manufacturers are increasingly investing in the development of synthetic and semi-synthetic lubricants, which offer superior performance, environmental sustainability, and longer drain intervals compared to conventional counterparts. Stringent regulatory standards and heightened consumer awareness regarding vehicle maintenance are driving demand for high-performance lubricants globally. However, fluctuations in raw material prices and competition from alternative lubrication technologies present notable challenges to the market.

Regionally, Asia Pacific leads the global automotive lubricants market, attributed to its thriving automotive manufacturing hubs in China, India, and Japan. The growing middle-class population and rising disposable incomes in these countries are fueling automotive sales, further bolstering lubricant consumption. North America, with its mature automotive industry and a strong inclination towards premium synthetic lubricants, holds a significant market share. Meanwhile, Europe exhibits consistent growth, driven by stringent emission norms and a push towards sustainable mobility solutions. Latin America and the Middle East & Africa regions also showcase steady development, owing to expanding automotive networks and increasing vehicle fleets.

Major market players included in this report are:

Royal Dutch Shell Plc
ExxonMobil Corporation
Chevron Corporation
TotalEnergies SE
BP Plc
Castrol Limited
FUCHS Lubricants Co.
Valvoline Inc.
Petronas Lubricants International
Motul S.A.
Indian Oil Corporation Limited
Sinopec Lubricant Company
Amsoil Inc.
Phillips 66 Lubricants
Gulf Oil International

The detailed segments and sub-segments of the market are explained below:

By Product

Engine Oil
Gear Oil
Transmission Fluids
Brake Fluids
Coolants
Greases

By Region North America

U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenue analysis for each market segment and region.
Detailed geographical insights with country-specific analysis for major regions.
In-depth competitive landscape analysis and key business strategy recommendations.
Comprehensive demand-side and supply-side market dynamics analysis.

Chapter 1. Global Automotive Lubricants Market Executive Summary

1.1. Global Automotive Lubricants Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By End-Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Automotive Lubricants Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Automotive Lubricants Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Demand in Automotive Industry
- 3.1.2. Advancements in Lubricant Technologies
- 3.1.3. Stringent Emission Norms and Regulations
3.2. Market Challenges
- 3.2.1. Volatility in Raw Material Prices
- 3.2.2. Competition from Alternative Lubrication Technologies
3.3. Market Opportunities
- 3.3.1. Development of High-Performance Lubricants
- 3.3.2. Expansion in Emerging Markets
- 3.3.3. Innovations in Synthetic and Bio-based Lubricants

Chapter 4. Global Automotive Lubricants Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Automotive Lubricants Market Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Automotive Lubricants Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Engine Oil
- 5.2.2. Gear Oil
- 5.2.3. Transmission Fluids
- 5.2.4. Brake Fluids
- 5.2.5. Coolants
- 5.2.6. Greases

Chapter 6. Global Automotive Lubricants Market Size & Forecasts by End-Use 2022-2032

6.1. Segment Dashboard
6.2. Global Automotive Lubricants Market: End-Use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Automotive
- 6.2.2. Construction
- 6.2.3. Industrial
- 6.2.4. Footwear
- 6.2.5. Others

Chapter 7. Global Automotive Lubricants Market Size & Forecasts by Region 2022-2032

7.1. North America Automotive Lubricants Market
- 7.1.1. U.S. Automotive Lubricants Market
  - 7.1.1.1. Engine Oil Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Automotive Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Automotive Lubricants Market
7.2. Europe Automotive Lubricants Market
- 7.2.1. U.K. Automotive Lubricants Market
- 7.2.2. Germany Automotive Lubricants Market
- 7.2.3. France Automotive Lubricants Market
- 7.2.4. Spain Automotive Lubricants Market
- 7.2.5. Italy Automotive Lubricants Market
- 7.2.6. Rest of Europe Automotive Lubricants Market
7.3. Asia-Pacific Automotive Lubricants Market
- 7.3.1. China Automotive Lubricants Market
- 7.3.2. India Automotive Lubricants Market
- 7.3.3. Japan Automotive Lubricants Market
- 7.3.4. Australia Automotive Lubricants Market
- 7.3.5. South Korea Automotive Lubricants Market
- 7.3.6. Rest of Asia Pacific Automotive Lubricants Market
7.4. Latin America Automotive Lubricants Market
- 7.4.1. Brazil Automotive Lubricants Market
- 7.4.2. Mexico Automotive Lubricants Market
- 7.4.3. Rest of Latin America Automotive Lubricants Market
7.5. Middle East & Africa Automotive Lubricants Market
- 7.5.1. Saudi Arabia Automotive Lubricants Market
- 7.5.2. South Africa Automotive Lubricants Market
- 7.5.3. Rest of Middle East & Africa Automotive Lubricants Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Royal Dutch Shell Plc
- 8.1.2. ExxonMobil Corporation
- 8.1.3. Chevron Corporation
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Royal Dutch Shell Plc
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. TotalEnergies SE
- 8.3.3. BP Plc
- 8.3.4. Castrol Limited
- 8.3.5. FUCHS Lubricants Co.
- 8.3.6. Valvoline Inc.
- 8.3.7. Petronas Lubricants International
- 8.3.8. Motul S.A.
- 8.3.9. Indian Oil Corporation Limited
- 8.3.10. Sinopec Lubricant Company
- 8.3.11. Amsoil Inc.
- 8.3.12. Phillips 66 Lubricants
- 8.3.13. Gulf Oil International
- 8.3.14. [Additional Company]
- 8.3.15. [Additional Company]

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes