Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Product Type (Engine Oil, Gear Oil, Transmission Fluids, Brake Fluids, Coolants, Greases), By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Motorcycles) And Competitive Landscape
Product Code: ETC13205065 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: ÂÌñÉç | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 | |
According to 6wresearch internal database and industry insights, the global automotive lubricants market size was valued at approximately USD 75 billion in 2024 and is anticipated to grow at a compound annual growth rate (CAGR) of around 3.5% during the forecast period from 2025 to 2031. By the end of 2031, the market is expected to reach a valuation exceeding USD 100 billion.
Report Name | Global Automotive Lubricants Market |
Report Category | Coverage – Global |
Forecast Period | 2025-2031Ìý |
CAGR | 3.5% |
Growing Sector | Automotive |
Market Size | USD 100 billion by 2031 |
The Global Automotive Lubricants Market report thoroughly covers the market by Product Type, Vehicle Type and Regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The global automotive lubricants market has been playing a vital role in lifespan of vehicles by decreasing friction & wear, and making sure smooth engine performance. Several factors are boosting the demand for automotive lubricants, which include vehicle ownership in developing economies is increasing, expanding automotive industry, and a rise in the need for eco-friendly and high-performance lubricant solutions.
Global Automotive Lubricants Market is expected to grow at a significant CAGR of 3.5% during the forecast period 2025-2031. The global automotive lubricants market growth has been influenced by a combination of factors, including drivers and challenges. One of the major drivers is a rise in the global vehicle sales and production, especially passenger and commercial vehicles, driven by rising urbanization and disposable incomes. Additionally, the rising awareness about the benefits of regular vehicle maintenance, and strict government rules are introduced on carbon emissions and fuel efficiency, are fueling the demand for high-quality lubricants. The Global Automotive Lubricants Market growth is also driven by the rising innovations in lubricant formulations, like the development of fuel-efficient oils and low-viscosity, catering the evolving needs of the automotive industry.Â
Despite the market growth landscape, the market faces several obstacles that need to be addressed. The shifting prices of raw materials for instance crude oil can be a barrier for the profit margins for manufacturers. Furthermore, the market growth can be affected in the coming years, as a surge in the deployment of electric vehicles, where lubricants requirement would be fewer compared to traditional internal combustion engine vehicles. Additionally, regulatory pressures along with environmental concerns are driving the requirement for biodegradable and sustainable lubricants in the market, which create challenges for manufacturers to balance innovation with obedience and cost-efficiency.
Several trends are mentioned below bolstering the market growth:
Various opportunities exit in the market that are estimated to boost the growth of the market, which include:
The global automotive lubricants market is highly competitive, with the establishments of prominent players, who are constantly engaged in the innovation process to cater evolving consumer demands and regulatory standards. Major companies such as Chevron, BP, Shell, ExxonMobil, and TotalEnergies lead the market, leveraging extensive R&D efforts and global distribution networks.Â
The development of the automotive lubricants market has been influencing significantly by the introduction of regulatory frameworks. Such as the governments are applying stringent emissions ethics aimed at reducing environmental impacts, which has resulted in a surge in the demand for low-viscosity and eco-friendly lubricants. Additionally, regulations leading the usage of specific chemical additives, like phosphorus and sulfur, have mandated the reformulations to make sure compliance. Many countries have mandated the use lubricants that improve fuel efficiency, which promotes energy conservation. These regulations have been driving innovation in lubricant formulations and pushing manufacturers to adopt sustainable practices.
The future of the global automotive lubricants market appears optimistic, as consumer preferences are changing, coupled with advancements in technologies increase. As electric vehicles (EVs) are estimated to increase market share, the demand for specialized lubricants tailored for thermal management systems and electric powertrains will likely to increase massively in the coming years. Additionally, the demand for innovative & specialized lubricants that improve performance and spread maintenance intervals is estimated to boost significantly, this is driven by a surge of connected technologies and autonomous vehicles. Sustainability trends will further accelerate the shift toward renewable and biodegradable lubricants.Â
Lubricants market is facing some prominent changes with the growing adoption of electric vehicles (EVs) globally. With a surge in the adoption of electric vehicles (EVs), the demand for lubricants is decreasing, as EVs work without engine oils. Instead of lubricants, certain specialized fluids are required, like thermal management fluids, electric drivetrain fluids, and greases considered for high-speed electric motors. This rising shift is attracting lubricant manufacturers to innovate and adapt their product offerings in order to cater the emerging needs of EV systems.Â
Additive technologies play a crucial role by improve the performance, and efficiency lubricants with wide application. Additives are considered specialized chemical compounds mixed with base oils for providing specific functional properties, like minimizing preventing wear, friction, and resisting oxidation. Advanced additive solutions are particularly critical in meeting the increasing demands of modern engines and industrial equipment, where performance requirements are higher than ever.Â
The report offers a comprehensive study of the subsequent market segments and their leading categories.Â
Among product types, engine oil remains the leading category in the global automotive lubricants market. Its critical role in maintaining engine performance, reducing wear and tear, and enhancing fuel efficiency makes it indispensable in every vehicle.Â
According to Ravi Bhandari, Research Head, ÂÌñÉç, North America and Europe lead in the adoption of advanced and synthetic lubricants due to stringent environmental regulations and the high penetration of premium vehicles. Meanwhile, Asia, led by China and India, dominates the market in terms of volume, driven by the large-scale production and adoption of passenger vehicles.Â
The market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Automotive Lubricants Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive Lubricants Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive Lubricants Market - Industry Life Cycle |
3.4 Global Automotive Lubricants Market - Porter's Five Forces |
3.5 Global Automotive Lubricants Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive Lubricants Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Automotive Lubricants Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Global Automotive Lubricants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive Lubricants Market Trends |
6 Global Automotive Lubricants Market, 2021 - 2031 |
6.1 Global Automotive Lubricants Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive Lubricants Market, Revenues & Volume, By Engine Oil, 2021 - 2031 |
6.1.3 Global Automotive Lubricants Market, Revenues & Volume, By Gear Oil, 2021 - 2031 |
6.1.4 Global Automotive Lubricants Market, Revenues & Volume, By Transmission Fluids, 2021 - 2031 |
6.1.5 Global Automotive Lubricants Market, Revenues & Volume, By Brake Fluids, 2021 - 2031 |
6.1.6 Global Automotive Lubricants Market, Revenues & Volume, By Coolants, 2021 - 2031 |
6.1.7 Global Automotive Lubricants Market, Revenues & Volume, By Greases, 2021 - 2031 |
6.2 Global Automotive Lubricants Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive Lubricants Market, Revenues & Volume, By Passenger Vehicles, 2021 - 2031 |
6.2.3 Global Automotive Lubricants Market, Revenues & Volume, By Commercial Vehicles, 2021 - 2031 |
6.2.4 Global Automotive Lubricants Market, Revenues & Volume, By Motorcycles, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Automotive Lubricants Market, Overview & Analysis |
7.1 North America Automotive Lubricants Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive Lubricants Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive Lubricants Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Automotive Lubricants Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8 Latin America (LATAM) Automotive Lubricants Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive Lubricants Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive Lubricants Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive Lubricants Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive Lubricants Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9 Asia Automotive Lubricants Market, Overview & Analysis |
9.1 Asia Automotive Lubricants Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive Lubricants Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive Lubricants Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Automotive Lubricants Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10 Africa Automotive Lubricants Market, Overview & Analysis |
10.1 Africa Automotive Lubricants Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive Lubricants Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive Lubricants Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Automotive Lubricants Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11 Europe Automotive Lubricants Market, Overview & Analysis |
11.1 Europe Automotive Lubricants Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive Lubricants Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive Lubricants Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Automotive Lubricants Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12 Middle East Automotive Lubricants Market, Overview & Analysis |
12.1 Middle East Automotive Lubricants Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive Lubricants Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive Lubricants Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive Lubricants Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Automotive Lubricants Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
13 Global Automotive Lubricants Market Key Performance Indicators |
14 Global Automotive Lubricants Market - Export/Import By Countries Assessment |
15 Global Automotive Lubricants Market - Opportunity Assessment |
15.1 Global Automotive Lubricants Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive Lubricants Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Automotive Lubricants Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
16 Global Automotive Lubricants Market - Competitive Landscape |
16.1 Global Automotive Lubricants Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive Lubricants Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |