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The global automotive lubricant market was valued at USD 73.41 Billion in 2024. The industry is expected to grow at a CAGR of 4.60% during the forecast period of 2025-2034. Advancements in automotive technology, driven by the rise of electric and hybrid vehicles, creates a huge demand for specialized lubricants, thus leading to opportunities for new innovations and expanding the market for tailored lubricant solutions. In turn, all these factors have resulted in the market attaining a valuation of USD 115.10 Billion by 2034.
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Synthetic lubricants have taken centre stage for their performances in extreme conditions of temperature, hence their long service life. As per a recent government study, fuel efficiency can be increased by almost 3% by using synthetic lubricants in the engine crankcase, back axle and gearbox, which will save almost 485 gallons of fuel. Following this trend, companies can capitalize on the opportunity by marketing advanced synthetic formulations that meet the unique needs of today's modern vehicles, thereby accelerating the growth of the automotive lubricants market.
Stringent emission regulations have created a growing appetite for lubricants that minimize friction, boost fuel efficiency, and lower carbon emissions. Players in the sector are also developing an ever-burgeoning eco- and energy-friendly lubricating solution to meet both the global regulatory standards and meet consumer expectations.
With the increase in electric vehicles, new opportunities arise for automotive lubricant suppliers. Electric vehicle components such as transmissions, motors, and cooling systems all require specially designed fluids. To use the growth of the EV industry as an advantage, companies in the sector have started developing EV-specific lubricants to serve the rapidly growing segment.
Value in USD Billion
2025-2034
Automotive Lubricant Market Outlook
*this image is indicative*
The industry is driven by factors like increased vehicle production, increasing demand for high-performance oils, and strict environmental regulations. Further, the automotive lubricant market growth is more pronounced on the increased use of synthetic and eco-friendly lubricants, besides technological advances for better fuel economy and engine longevity. Besides, the emergence of electric vehicles and hybrid cars is expanding the market for specialized lubricants. Major players are investing in innovation, making strategic partnerships, and executing an international expansion strategy to respond to emerging markets while placing sustainability at the central stage of product development, alongside affordability.
Two notable niches rapidly emerging as the fastest-growing segments in the automotive lubricant market are performance driven, as well as eco-friendly lubricants. These niches allow a differentiation between high-performance oils demanded by sports cars, exotic models, luxury vehicles, and heavy-duty performance machinery utilities that rely on durability, fuel efficiency, and engine protection. The latter is heavily driven by synthetic oil advancements and high-temperature stability. The eco-friendly niche is growing rapidly due to a growing concern for the environment and stricter regulations. Manufacturers are initiating the production of biodegradable, low-carbon lubricant brands that take into consideration minimizing the impact on the environment while not jeopardizing good vehicle speed and performance standards. They cater to consumers who put a premium on good performance while still considering business interests in the context of a sustainably oriented future.
The key trends of the automotive lubricant market include increased use of eco-friendly lubricants, advanced additive integration, emerging lubricants specific to electric vehicles, and shift toward longer oil change intervals.
Biodegradable and eco-friendly lubricants are emerging as a key trend in the automotive lubricant market with the increased demand from consumers and manufacturers who prioritize sustainability. Companies such as Castrol have launched products like Castrol EDGE with Fluid Titanium Technology that enhance fuel efficiency and minimize the impact on the environment. Stringent environmental regulations and consumer preference for greener solutions in the automotive sector drive this trend towards greener products, thereby reducing pollution and conserving the environment.
Companies developing automotive lubricants are innovating with modern additives that add performance, ensure fuel efficiency, and minimize exhaust emissions. For example, Shell's Helix Ultra motor oil incorporates active cleansing technology to prevent sludge buildup on the engine's walls, optimizing overall engine performance, boosting demand in the automotive lubricant market. The trend of increased sophistication in vehicles also requires high-performance additives in the lubricant used to satisfy these demands by maximizing durability and reducing fuel consumption - especially in performance and electric engines.
With electric vehicles gaining increasing acceptance, a new market has emerged for electric vehicle-specific lubricants. The lubricants safeguard electric motors, battery cooling systems, and transmission. TotalEnergies developed a range of fluids specifically designed for EVs to ensure maximum performance, regulate temperature, and extend the battery life. The growing market of EVs forces automotive lubricant market companies to formulate products that will meet the demands of these cars.
Longer oil change intervals are becoming the new trend stimulating the automotive lubricant market value. For example, Mobil 1 Extended Performance is designed to deliver up to 20,000 miles between oil changes. Consumers want longer-lasting performance to cut maintenance costs and downtime, making lubricant companies focus on high-performance oils that maintain engine efficiency for longer periods. This trend is evident in both conventional and synthetic motor oils for personal and commercial vehicles.
Lucrative opportunities in the automotive lubricant market include incurring development of high-performance energy-efficient lubricants in electric vehicles and hybrids that sought for and deliver specialized product use in such segments. Manufacturers have great scope to expand their product lines, including green lubricants, as environmental awareness is gaining traction among consumers and among regulatory agencies. Great momentum can be built by companies to invest more heavily into R&D in order to offer formulations that are less burdensome on the environment and more compatible with the cleaner technology approach. These present opportunities for substantial growth in a forward direction, as the industry is evolving into better and greener technologies in electric vehicles.
A couple of the major factors driving growth in the automotive lubricant market include the rise in vehicle production and demand on the other for longer-lasting lubricants. As vehicle production is on the rise, especially in emerging markets, the need to provide reliable lubricants for engine performance and lifespan increases. Another driving factor is the demand for longer oil change intervals and improved production during the lubricant application. Consumer preference for convenience and cost-effective solutions is fuelling that supply, aligning with automakers striving to enhance engine efficiency while reducing maintenance requirements.
The EMR’s report titled “Automotive Lubricant Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Grade
Market Breakup by Distribution Channel
Market Breakup by Vehicle Type
Market Breakup by Region
Market Insights by Product Type
The various product types found in the industry have collectively driven the automotive lubricant market revenues due to particular demands from consumers and industries. Engine oil is essential for performance, and this synthetic lubricant option is gaining traction due to durability. Gear oil and transmission fluid can enhance vehicle performance when it comes to the drivetrain. Brake fluid and coolant play an important role in automobile safety and temperature regulation in particular performance automobiles. Grease has now found itself gaining more acceptance in the automotive space for applications that allow lubrication to last longer.
Market Analysis by Grade
Synthetic lubricants are attaining a steady growth trajectory supported by superior performance, longevity, and extreme-temperature resistance, driving demand in the automotive lubricant market. Mineral oil lubricants are extremely popular as they are economical. The segment of semi-synthetic lubricant blends, which nestle between mineral and synthetic promises heavy growth potential. Biobased lubricants get traction with sustainable concerns and eco-friendly regulations. Specialty lubricants are increasingly being used for their application in high-performance and electric vehicles to boost growth in this market.
Analysis by Distribution Channel
With the confluence and support of vehicle manufacturers, the original equipment manufacturer (OEM) distribution channel is growing due to the increased acceptance of lubricants formulated to meet the specific needs of new vehicles. As vehicle technology advances, OEMs are increasingly adapting their formulation to enhance engine performance and efficiency, boosting the automotive lubricant market value. The aftermarket channel is also expanding rapidly, dictated by high demand from consumers for replacement lubricants and maintenance products. Moreover, the increasing vehicle ownership coupled with an increased understanding of vehicle upkeep has increased aftermarket sales.
Market Insights by Vehicle Type
As per the automotive lubricant market trends and dynamics, the passenger vehicle segment growth is supported by increased vehicle ownership and consumer emphasis on engine efficiency and maintenance. Factors driving the growth of commercial vehicles include trucks and buses due to the increasing logistics and transportation sector, as such vehicles require heavy-duty lubricants to ensure performance. Two-wheelers are also emerging, especially in developing markets, aided by rising motorcycle and scooter sales, thereby contributing to the demand for cost-effective lubricants specifically for the smaller engines while ensuring reliability and longevity in their use at affordably low prices.
North America Automotive Lubricant Market Opportunities
In North America, automotive lubricant demand is driven by a high ownership rate of vehicles and a strong automotive industry. The region is experiencing a rise in premium lubricants, especially synthetic oils, as consumers in the region increasingly focus on long-term performance and efficiency of vehicles. Advancements in electric vehicle technology continue to fuel the demand for specialized lubricants.
Europe Automotive Lubricant Market Insights
The Europe automotive lubricant market continues to grow, partly driven by strict environmental regulations promoting the uses of environment-friendly and low emission lubricants. The shift towards hybrid vehicles and electric cars also drives the increased demand for specialized lubricants. European consumers have also shifted their choices, by focusing more on high-quality products ensuring fuel efficiency and longevity, influencing market performance in the region.
Asia Pacific Automotive Lubricant Market Growth
There is considerable growth potential for Asia Pacific automotive lubricant market in terms of volume usage due to factors such as high production and sales growth rates in China and India. The market growth was further contributed by increasing automobile fleets among the growing middle-income group. Increase in vehicle sales, and rising awareness about the maintenance of vehicles further supplement the market growth.
Latin America Automotive Lubricant Market Outlook
Sustained demand in the Latin America automotive lubricant market results from the burgeoning vehicle population and increased urbanization. Fast-paced developments in countries like Brazil and Mexico, are also impacting in the demand for both passenger and commercial vehicle lubricants. Furthermore, consumers in the region are becoming increasingly interested in economical and efficient lubricants.
Middle East and Africa Automotive Lubricant Market Dynamics
The automotive lubricant market in Middle East and Africa experiences heavy growth due to rising commercial vehicle demands in their wide oil and gas markets. More demand comes from increasing numbers of owners of vehicles and infrastructure development. In addition, high net worth individuals have increasingly demanded for premium high-performance lubricants that ensure longevity of engine protection.
Automotive lubricant market players are mainly concentrated on product innovation and sustainable developments by enhancing product performance. Currently, automotive lubricant companies are developing superior quality eco-friendly lubricants and meet new customer segments such as electric vehicles and extend geographic presence with the help of strategic partnerships and acquisitions.
Formed in 1969, AMSOIL Inc., has turned out to be a leader in the automotive lubricant market. Based in Superior, Wisconsin, the company is reputed for creating innovative high-performance products into the line of automobile and industrial industries. AMSOIL also focuses on extended oil-change intervals and engine protection.
Bharat Petroleum Corporation Limited (BPCL), founded in 1976 and based in Mumbai, India, is a major player in petrochemicals and lubricants. The company has become world-renowned for producing a vast range of automotive lubricants. Through innovation and launch of high-quality products, the company bolsters the goal of environmental sustainability and is also committed to social responsibility.
BP p.l.c., a British global oil and gas corporation with its headquarters located in London, England. The company is among the biggest corporations in the world and one of the "supermajors" of the oil and gas industry. Exploration and extraction, refining, distribution and marketing, power generation, and trading are all areas of the oil and gas industry that this vertically integrated business operates in. It supplies advanced lubricants with particular emphasis on emission control and engine efficiency.
Chevron Corporation was founded in 1879 and is headquartered in Texas, United States. This multinational corporation is known for developing, manufacturing, and marketing petroleum products, including specialty high-quality lubricants. The company consciously focuses on continuous technical development to produce future-oriented lubricant products that will provide fuel economy and protect the engine.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the automotive lubricant market report are China National Petroleum Corporation, China National Petroleum Corporation, ENEOS Corporation, Indian Oil Corporation Limited, and Exxon Mobil Corporation, among others.
New market entrants are developing bio-based and biodegradable lubricants to match the growing need for eco-friendly products. Further, they are also significantly investing in technologies for better fuel efficiency and prolonged oil life and engine protection, targeting specialized lubricants for the growing electric vehicle segment.
Capra Biosciences
Capra Biosciences is an innovative startup, creating sustainable and bio-based lubricants. Using biotechnologies, Capra develops environmentally acceptable substitutes for conventional petroleum-based oils by providing biodegradable, highly effective lubricants that eliminate environmental footprints.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the automotive lubricant market reached an approximate value of USD 73.41 Billion.
The market is projected to grow at a CAGR of 4.60% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 115.10 Billion by 2034.
The major drivers of the market are advancements in automotive technology, rising vehicle production, and consumer preference for convenience and cost-effective lubricant solutions.
The key trends of the market include increased use of eco-friendly lubricants, advanced additive integration, emerging lubricants specific to electric vehicles, and sgift toward longer oil change intervals.
The major regions in the market are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The various product types considered in the market report are engine oil, gear oil, transmission fluid, brake fluid, coolant, grease, and others.
The various grades considered in the market report are mineral oil automotive lubricant, synthetic automotive lubricants, semi-synthetic automotive lubricants, bio-based lubricants, and others.
Based on the vehicle type, the market is divided into passenger vehicles, commercial vehicles, and motorcycles.
The major players in the market are AMSOIL Inc., Bharat Petroleum Corporation Limited, BP International Limited, Chevron Corporation, China National Petroleum Corporation, China National Petroleum Corporation, ENEOS Corporation, Indian Oil Corporation Limited, and Exxon Mobil Corporation, among others.
The distribution channels considered in the market report are OEM and aftermarket.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Grade |
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Breakup by Distribution Channel |
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Breakup by Vehicle Type |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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