Search

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

FREE Report Sample is Available

In-depth report coverage is now just a few seconds away

Get FREE Report Sample

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


Make This Report Your Own

Take Advantage of Intelligence Tailored to your Business Objective

Get a Customized Version
Get 10% discount on any market research report of your choice.
Booklet
  • Publication date: 16th November 2023
  • Base year: 2022
  • Forecast year: 2023-2033
  • Format: PDF, PPT,Word,Excel

- ISO Certified Logo -


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.

-: Our Clients :-

Subscribe to Our Company Updates

* We will not share your personal information with anyone
Go Up