Automotive Lubricants Market Size, Share, Trends, Industry Analysis Report: By Product, Vehicle Type, and Region

Description

List of Tables

The global automotive lubricants market size is expected to reach USD 106.87 billion by 2034, according to a new study by Polaris Market Research. The report "Automotive Lubricants Market Size, Share, Trends, Industry Analysis Report: By Product, Vehicle Type (Internal Combustion Engine and Electric Vehicles), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025- 2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Automotive lubricants play a crucial role in ensuring the longevity and efficiency of vehicle components. Lubricants, primarily oils and greases, are designed to reduce friction, wear, and heat generation in engines and other mechanical parts.

The growing number of vehicles on the road, advancements in engine technology, stringent environmental regulations, and evolving consumer preferences are a few of the key factors driving the automotive lubricants market expansion. Technological advancements in automotive engines and the increasing complexity of vehicle systems are further driving the need for specialized lubricants. Modern engines require lubricants with specific formulations to meet high-performance standards, reduce emissions, and ensure fuel efficiency.

The global automotive lubricants market growth is attributed to increasing vehicle production, particularly in emerging economies, as well as the rising awareness of the benefits of regular maintenance and high-quality lubricants among consumers. Additionally, the shift towards synthetic and semi-synthetic lubricants, which offer superior performance and environmental benefits compared to conventional mineral oils, has significantly contributed to the market evolution.

Environmental concerns and regulatory pressures have significantly influenced the automotive lubricants market. Governments and regulatory bodies across the globe are implementing stringent standards to reduce carbon emissions and improve fuel efficiency. This has led to the adoption of low-viscosity synthetic lubricants, which contribute to reduced engine friction and enhanced fuel economy.

Key Highlights of Automotive Lubricants Market Report

Based on product, the brake fluid segment is expected to grow at a robust pace in the coming years, owing to the increasing focus on safety and the rise in advanced braking systems such as ABS and EBD in vehicles.

Based on vehicle type, the internal combustion engine segment dominated the automotive lubricants market share in 2024, owing to the rising adoption of ICE vehicles in global transportation.

Asia Pacific accounted for the largest market share in 2024 due to the rapid expansion of the automotive sector in countries such as China, India, and Japan.

The North America automotive lubricants market is expected to witness a significant CAGR during the forecast period due to technological advancements and the rising adoption of hybrid and electric vehicles.

A few of the key market players are Sasol; Indian Oil Corporation Ltd; HP Lubricants; Philipps 66; Fuchs; Cepsa; BP p.l.c.; Exxon Mobil; CASTROL LIMITED; Shell; Repsol; TotalEnergies; and LUKOIL.

Polaris Market Research has segmented the automotive lubricants market report on the basis of product, vehicle type, and region:

By Product Outlook (Revenue - USD Billion, 2020-2034)

Engine Oil
Gear Oil
Transmission Fluids
Brake Fluids
Coolants
Greases

By Vehicle Type Outlook (Revenue - USD Billion, 2020-2034)

Internal Combustion Engine
Electric Vehicles

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM1119

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Automotive Lubricants Market Insights

4.1. Automotive Lubricants Market - Market Snapshot
4.2. Automotive Lubricants Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Increasing Production of Motor Vehicles
  - 4.2.1.2. Rising Product Launches by Key Players
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Strict production norms
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Automotive Lubricants Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Automotive Lubricants Market, by Product

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
5.3. Engine Oil
- 5.3.1. Global Automotive Lubricants Market, by Engine Oil, by Region, 2020-2034 (USD Billion)
5.4. Gear Oil
- 5.4.1. Global Automotive Lubricants Market, by Gear Oil, by Region, 2020-2034 (USD Billion)
5.5. Transmission Fluids
- 5.5.1. Global Automotive Lubricants Market, by Transmission Fluids, by Region, 2020-2034 (USD Billion)
5.6. Brake Fluids
- 5.6.1. Global Automotive Lubricants Market, by Brake Fluids, by Region, 2020-2034 (USD Billion)
5.7. Coolants
- 5.7.1. Global Automotive Lubricants Market, by Coolants, by Region, 2020-2034 (USD Billion)
5.8. Greases
- 5.8.1. Global Automotive Lubricants Market, by Greases, by Region, 2020-2034 (USD Billion)

6. Global Automotive Lubricants Market, by Vehicle Type

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
6.3. Internal Combustion Engine
- 6.3.1. Global Automotive Lubricants Market, by Internal Combustion Engine, by Region, 2020-2034 (USD Billion)
6.4. Electric Vehicles
- 6.4.1. Global Automotive Lubricants Market, by Electric Vehicles, by Region, 2020-2034 (USD Billion)

7. Global Automotive Lubricants Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Automotive Lubricants Market Assessment, By Geography, 2020-2034 (USD Billion)
7.3. Automotive Lubricants Market - North America
- 7.3.1. North America: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
- 7.3.2. North America: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.3.3. Automotive Lubricants Market - U.S.
  - 7.3.3.1. U.S.: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.3.3.2. U.S.: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.3.4. Automotive Lubricants Market - Canada
  - 7.3.4.1. Canada: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.3.4.2. Canada: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
7.4. Automotive Lubricants Market - Europe
- 7.4.1. Europe: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
- 7.4.2. Europe: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.4.3. Automotive Lubricants Market - UK
  - 7.4.3.1. UK: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.4.3.2. UK: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.4.4. Automotive Lubricants Market - France
  - 7.4.4.1. France: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.4.4.2. France: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.4.5. Automotive Lubricants Market - Germany
  - 7.4.5.1. Germany: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.4.5.2. Germany: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.4.6. Automotive Lubricants Market - Italy
  - 7.4.6.1. Italy: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.4.6.2. Italy: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.4.7. Automotive Lubricants Market - Spain
  - 7.4.7.1. Spain: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.4.7.2. Spain: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.4.8. Automotive Lubricants Market - Netherlands
  - 7.4.8.1. Netherlands: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.4.8.2. Netherlands: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.4.9. Automotive Lubricants Market - Russia
  - 7.4.9.1. Russia: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.4.9.2. Russia: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.4.10. Automotive Lubricants Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.4.10.2. Rest of Europe: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
7.5. Automotive Lubricants Market - Asia Pacific
- 7.5.1. Asia Pacific: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.5.3. Automotive Lubricants Market - China
  - 7.5.3.1. China: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.5.3.2. China: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.5.4. Automotive Lubricants Market - India
  - 7.5.4.1. India: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.5.4.2. India: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.5.5. Automotive Lubricants Market - Malaysia
  - 7.5.5.1. Malaysia: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.5.5.2. Malaysia: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.5.6. Automotive Lubricants Market - Japan
  - 7.5.6.1. Japan: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.5.6.2. Japan: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.5.7. Automotive Lubricants Market - Indonesia
  - 7.5.7.1. Indonesia: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.5.7.2. Indonesia: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.5.8. Automotive Lubricants Market - South Korea
  - 7.5.8.1. South Korea: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.5.8.2. South Korea: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.5.9. Automotive Lubricants Market - Australia
  - 7.5.9.1. Australia: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.5.9.2. Australia: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.5.10. Automotive Lubricants Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.5.10.2. Rest of Asia Pacific: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
7.6. Automotive Lubricants Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.6.3. Automotive Lubricants Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.6.3.2. Saudi Arabia: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.6.4. Automotive Lubricants Market - UAE
  - 7.6.4.1. UAE: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.6.4.2. UAE: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.6.5. Automotive Lubricants Market - Israel
  - 7.6.5.1. Israel: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.6.5.2. Israel: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.6.6. Automotive Lubricants Market - South Africa
  - 7.6.6.1. South Africa: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.6.6.2. South Africa: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.6.7. Automotive Lubricants Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.6.7.2. Rest of Middle East & Africa: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
7.7. Automotive Lubricants Market - Latin America
- 7.7.1. Latin America: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.7.3. Automotive Lubricants Market - Mexico
  - 7.7.3.1. Mexico: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.7.3.2. Mexico: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.7.4. Automotive Lubricants Market - Brazil
  - 7.7.4.1. Brazil: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.7.4.2. Brazil: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.7.5. Automotive Lubricants Market - Argentina
  - 7.7.5.1. Argentina: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.7.5.2. Argentina: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
- 7.7.6. Automotive Lubricants Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
  - 7.7.6.2. Rest of Latin America: Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. Sasol
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. Indian Oil Corporation Ltd
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. HP Lubricants
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Philipps 66
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. Fuchs
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. Cepsa
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. BP p.l.c.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. Exxon Mobil
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. CASTROL LIMITED
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. Shell
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
9.11. Repsol
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
9.12. TotalEnergies
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
9.13. LUKOIL
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development