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Automotive Lubricants Market By Base Oil, By Vehicle Type, By Application: Global Opportunity Analysis and Industry Forecast, 2023-2032

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    Report

  • 462 Pages
  • October 2023
  • Region: Global
  • Allied Market Research
  • ID: 5916251
The global automotive lubricants market was valued at $77.8 billion in 2022, and is projected to reach $116.1 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032.

Automotive lubricants are specialized fluids designed to reduce friction and wear among moving parts in an automobile's engine and other mechanical components. These lubricants are essential for the proper functioning and longevity of a vehicle's engine and various systems. Automotive lubricants serve various critical functions to ensure the performance, longevity, and safety of vehicles on the road. It plays a vital role in the automotive industry by contributing to vehicle efficiency, reducing maintenance costs, and improving the overall driving experience. Automotive components are used by original equipment manufacturers (OEMs), which thereby creates high demand in the aftermarket. Use of automotive lubricants results in higher weight saving and improves the fuel economy than the traditional materials such as steel and aluminum.

The U.S. Department of Energy (DOE) announced an investment of $19.7 million for the Vehicle Technologies Office to support R&D of advanced vehicle technologies, including batteries and lightweight & low-cost automotive lubricants for the development of energy-efficient automobiles. In addition, the overall demand for automotive lubricants is closely tied to the number of vehicles being sold and produced worldwide. As the global automotive industry expands, the need for lubricants to maintain and service these vehicles increases. These factors are expected to drive the market growth in the automotive industry during the forecast period.

Traditional petroleum-based lubricants have negative environmental impacts, especially if they leak or are improperly disposed of. They contaminate soil and water, leading to pollution and ecosystem harm. However, many efforts are made to produce more environmentally friendly lubricants. The production of petroleum-based lubricants relies on fossil fuels, contributing to resource depletion and greenhouse gas emissions. This dependence on non-renewable resources raises concerns about long-term sustainability. These factors are projected to hamper market growth during the forecast period.

As the global economy expands, there is a rise in demand for goods and services, driving the need for industrial production. Emerging markets and developing economies, in particular, contribute to this growth as they industrialize and increase their consumption. Technological innovation and automation have revolutionized industrial processes, making production more efficient, cost-effective, and scalable. Automation and Industry 4.0 technologies (such as IoT, AI, and robotics) have improved productivity and quality across various industries. Lubricants are not limited to passenger vehicles; they are also essential in various industrial applications, including manufacturing machinery, construction equipment, and agricultural machinery. Expansion into these sectors diversifies a lubricant manufacturer's customer base. These factors are projected to enhance the automotive lubricant market; thus, offering most lucrative opportunities during the forecast period.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automotive lubricants market analysis from 2022 to 2032 to identify the prevailing automotive lubricants market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the automotive lubricants market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global automotive lubricants market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

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Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

  • Investment Opportunities
  • Product Benchmarking / Product specification and applications
  • Product Life Cycles
  • Pain Point Analysis
  • Regulatory Guidelines
  • Key player details (including location, contact details, supplier/vendor network etc. in excel format)
  • List of customers/consumers/raw material suppliers- value chain analysis
  • Product Consumption Analysis

Key Market Segments

By Base Oil

  • Synthetic Lubricants
  • Semisynthetic Lubricants
  • Bio-Based Lubricants
  • Mineral Oil Lubricants

By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Others

By Application

  • Engine Oil
  • Gear and Brake Oil
  • Transmission Fluids
  • Greases
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA
  • Key Market Players
  • FUCHS
  • Indian Oil Corporation Limited
  • PetroChina Company Limited
  • Chevron Corporation
  • Exxon Mobil Corporation
  • TotalEnergies
  • BP p.l.c.
  • Valvoline Inc.
  • Royal Dutch Shell PLC

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.5. Value Chain Analysis
3.6. Pricing Analysis
3.7. Patent Landscape
CHAPTER 4: AUTOMOTIVE LUBRICANTS MARKET, BY BASE OIL
4.1. Overview
4.2. Mineral Oil Lubricants
4.3. Synthetic Lubricants
4.4. Semisynthetic Lubricants
4.5. Bio-Based Lubricants
CHAPTER 5: AUTOMOTIVE LUBRICANTS MARKET, BY VEHICLE TYPE
5.1. Overview
5.2. Passenger Cars
5.3. Light Commercial Vehicles
5.4. Heavy Commercial Vehicles
5.5. Others
CHAPTER 6: AUTOMOTIVE LUBRICANTS MARKET, BY APPLICATION
6.1. Overview
6.2. Engine Oil
6.3. Gear and Brake Oil
6.4. Transmission Fluids
6.5. Greases
6.6. Others
CHAPTER 7: AUTOMOTIVE LUBRICANTS MARKET, BY REGION
7.1. Overview
7.2. North America
7.3. Europe
7.4. Asia-Pacific
7.5. LAMEA
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
9.1. Royal Dutch Shell PLC
9.2. FUCHS
9.3. BP p.l.c.
9.4. TotalEnergies
9.5. Indian Oil Corporation Limited
9.6. Chevron Corporation
9.7. Valvoline Inc.
9.8. PetroChina Company Limited
9.9. Exxon Mobil Corporation
List of Tables
Table 01. Global Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 02. Global Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 03. Automotive Lubricants Market for Mineral Oil Lubricants, by Region, 2022-2032 ($ Million)
Table 04. Automotive Lubricants Market for Mineral Oil Lubricants, by Region, 2022-2032 (Kiloton)
Table 05. Automotive Lubricants Market for Synthetic Lubricants, by Region, 2022-2032 ($ Million)
Table 06. Automotive Lubricants Market for Synthetic Lubricants, by Region, 2022-2032 (Kiloton)
Table 07. Automotive Lubricants Market for Semisynthetic Lubricants, by Region, 2022-2032 ($ Million)
Table 08. Automotive Lubricants Market for Semisynthetic Lubricants, by Region, 2022-2032 (Kiloton)
Table 09. Automotive Lubricants Market for Bio-Based Lubricants, by Region, 2022-2032 ($ Million)
Table 10. Automotive Lubricants Market for Bio-Based Lubricants, by Region, 2022-2032 (Kiloton)
Table 11. Global Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 12. Global Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 13. Automotive Lubricants Market for Passenger Cars, by Region, 2022-2032 ($ Million)
Table 14. Automotive Lubricants Market for Passenger Cars, by Region, 2022-2032 (Kiloton)
Table 15. Automotive Lubricants Market for Light Commercial Vehicles, by Region, 2022-2032 ($ Million)
Table 16. Automotive Lubricants Market for Light Commercial Vehicles, by Region, 2022-2032 (Kiloton)
Table 17. Automotive Lubricants Market for Heavy Commercial Vehicles, by Region, 2022-2032 ($ Million)
Table 18. Automotive Lubricants Market for Heavy Commercial Vehicles, by Region, 2022-2032 (Kiloton)
Table 19. Automotive Lubricants Market for Others, by Region, 2022-2032 ($ Million)
Table 20. Automotive Lubricants Market for Others, by Region, 2022-2032 (Kiloton)
Table 21. Global Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 22. Global Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 23. Automotive Lubricants Market for Engine Oil, by Region, 2022-2032 ($ Million)
Table 24. Automotive Lubricants Market for Engine Oil, by Region, 2022-2032 (Kiloton)
Table 25. Automotive Lubricants Market for Gear and Brake Oil, by Region, 2022-2032 ($ Million)
Table 26. Automotive Lubricants Market for Gear and Brake Oil, by Region, 2022-2032 (Kiloton)
Table 27. Automotive Lubricants Market for Transmission Fluids, by Region, 2022-2032 ($ Million)
Table 28. Automotive Lubricants Market for Transmission Fluids, by Region, 2022-2032 (Kiloton)
Table 29. Automotive Lubricants Market for Greases, by Region, 2022-2032 ($ Million)
Table 30. Automotive Lubricants Market for Greases, by Region, 2022-2032 (Kiloton)
Table 31. Automotive Lubricants Market for Others, by Region, 2022-2032 ($ Million)
Table 32. Automotive Lubricants Market for Others, by Region, 2022-2032 (Kiloton)
Table 33. Automotive Lubricants Market, by Region, 2022-2032 ($ Million)
Table 34. Automotive Lubricants Market, by Region, 2022-2032 (Kiloton)
Table 35. North America Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 36. North America Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 37. North America Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 38. North America Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 39. North America Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 40. North America Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 41. North America Automotive Lubricants Market, by Country, 2022-2032 ($ Million)
Table 42. North America Automotive Lubricants Market, by Country, 2022-2032 (Kiloton)
Table 43. U.S. Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 44. U.S. Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 45. U.S. Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 46. U.S. Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 47. U.S. Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 48. U.S. Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 49. Canada Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 50. Canada Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 51. Canada Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 52. Canada Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 53. Canada Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 54. Canada Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 55. Mexico Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 56. Mexico Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 57. Mexico Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 58. Mexico Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 59. Mexico Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 60. Mexico Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 61. Europe Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 62. Europe Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 63. Europe Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 64. Europe Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 65. Europe Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 66. Europe Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 67. Europe Automotive Lubricants Market, by Country, 2022-2032 ($ Million)
Table 68. Europe Automotive Lubricants Market, by Country, 2022-2032 (Kiloton)
Table 69. Germany Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 70. Germany Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 71. Germany Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 72. Germany Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 73. Germany Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 74. Germany Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 75. UK Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 76. UK Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 77. UK Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 78. UK Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 79. UK Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 80. UK Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 81. France Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 82. France Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 83. France Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 84. France Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 85. France Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 86. France Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 87. Spain Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 88. Spain Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 89. Spain Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 90. Spain Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 91. Spain Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 92. Spain Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 93. Italy Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 94. Italy Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 95. Italy Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 96. Italy Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 97. Italy Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 98. Italy Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 99. Rest of Europe Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 100. Rest of Europe Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 101. Rest of Europe Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 102. Rest of Europe Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 103. Rest of Europe Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 104. Rest of Europe Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 105. Asia-Pacific Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 106. Asia-Pacific Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 107. Asia-Pacific Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 108. Asia-Pacific Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 109. Asia-Pacific Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 110. Asia-Pacific Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 111. Asia-Pacific Automotive Lubricants Market, by Country, 2022-2032 ($ Million)
Table 112. Asia-Pacific Automotive Lubricants Market, by Country, 2022-2032 (Kiloton)
Table 113. China Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 114. China Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 115. China Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 116. China Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 117. China Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 118. China Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 119. India Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 120. India Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 121. India Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 122. India Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 123. India Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 124. India Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 125. Japan Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 126. Japan Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 127. Japan Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 128. Japan Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 129. Japan Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 130. Japan Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 131. South Korea Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 132. South Korea Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 133. South Korea Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 134. South Korea Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 135. South Korea Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 136. South Korea Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 137. Australia Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 138. Australia Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 139. Australia Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 140. Australia Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 141. Australia Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 142. Australia Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 143. Rest of Asia-Pacific Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 144. Rest of Asia-Pacific Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 145. Rest of Asia-Pacific Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 146. Rest of Asia-Pacific Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 147. Rest of Asia-Pacific Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 148. Rest of Asia-Pacific Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 149. LAMEA Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 150. LAMEA Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 151. LAMEA Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 152. LAMEA Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 153. LAMEA Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 154. LAMEA Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 155. LAMEA Automotive Lubricants Market, by Country, 2022-2032 ($ Million)
Table 156. LAMEA Automotive Lubricants Market, by Country, 2022-2032 (Kiloton)
Table 157. Brazil Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 158. Brazil Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 159. Brazil Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 160. Brazil Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 161. Brazil Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 162. Brazil Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 163. Saudi Arabia Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 164. Saudi Arabia Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 165. Saudi Arabia Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 166. Saudi Arabia Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 167. Saudi Arabia Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 168. Saudi Arabia Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 169. South Africa Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 170. South Africa Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 171. South Africa Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 172. South Africa Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 173. South Africa Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 174. South Africa Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 175. Rest of LAMEA Automotive Lubricants Market, by Base Oil, 2022-2032 ($ Million)
Table 176. Rest of LAMEA Automotive Lubricants Market, by Base Oil, 2022-2032 (Kiloton)
Table 177. Rest of LAMEA Automotive Lubricants Market, by Vehicle Type, 2022-2032 ($ Million)
Table 178. Rest of LAMEA Automotive Lubricants Market, by Vehicle Type, 2022-2032 (Kiloton)
Table 179. Rest of LAMEA Automotive Lubricants Market, by Application, 2022-2032 ($ Million)
Table 180. Rest of LAMEA Automotive Lubricants Market, by Application, 2022-2032 (Kiloton)
Table 181. Royal Dutch Shell plc: Key Executives
Table 182. Royal Dutch Shell plc: Company Snapshot
Table 183. Royal Dutch Shell plc: Product Segments
Table 184. Royal Dutch Shell plc: Product Portfolio
Table 185. Royal Dutch Shell plc: Key Stratergies
Table 186. Fuchs: Key Executives
Table 187. Fuchs: Company Snapshot
Table 188. Fuchs: Product Segments
Table 189. Fuchs: Product Portfolio
Table 190. Bp P.L.C.: Key Executives
Table 191. Bp P.L.C.: Company Snapshot
Table 192. Bp P.L.C.: Product Segments
Table 193. Bp P.L.C.: Product Portfolio
Table 194. Totalenergies: Key Executives
Table 195. Totalenergies: Company Snapshot
Table 196. Totalenergies: Product Segments
Table 197. Totalenergies: Product Portfolio
Table 198. Indian Oil Corporation Limited: Key Executives
Table 199. Indian Oil Corporation Limited: Company Snapshot
Table 200. Indian Oil Corporation Limited: Product Segments
Table 201. Indian Oil Corporation Limited: Product Portfolio
Table 202. Indian Oil Corporation Limited: Key Stratergies
Table 203. Chevron Corporation: Key Executives
Table 204. Chevron Corporation: Company Snapshot
Table 205. Chevron Corporation: Product Segments
Table 206. Chevron Corporation: Product Portfolio
Table 207. Valvoline Inc.: Key Executives
Table 208. Valvoline Inc.: Company Snapshot
Table 209. Valvoline Inc.: Product Segments
Table 210. Valvoline Inc.: Service Segments
Table 211. Valvoline Inc.: Product Portfolio
Table 212. Valvoline Inc.: Key Stratergies
Table 213. Petrochina Company Limited: Key Executives
Table 214. Petrochina Company Limited: Company Snapshot
Table 215. Petrochina Company Limited: Product Segments
Table 216. Petrochina Company Limited: Product Portfolio
Table 217. Exxon Mobil Corporation: Key Executives
Table 218. Exxon Mobil Corporation: Company Snapshot
Table 219. Exxon Mobil Corporation: Product Segments
Table 220. Exxon Mobil Corporation: Product Portfolio
List of Figures
Figure 01. Automotive Lubricants Market, 2022-2032
Figure 02. Segmentation of Automotive Lubricants Market, 2022-2032
Figure 03. Top Impacting Factors in Automotive Lubricants Market (2022 to 2032)
Figure 04. Top Investment Pockets in Automotive Lubricants Market (2023-2032)
Figure 05. Moderate Bargaining Power of Suppliers
Figure 06. High Threat of New Entrants
Figure 07. High Threat of Substitutes
Figure 08. High Intensity of Rivalry
Figure 09. High Bargaining Power of Buyers
Figure 10. Global Automotive Lubricants Market: Drivers, Restraints and Opportunities
Figure 11. Pricing Analysis: Automotive Lubricants Market 2022 and 2032
Figure 12. Patent Analysis by Company
Figure 13. Patent Analysis by Country
Figure 14. Automotive Lubricants Market, by Base Oil, 2022 and 2032 (%)
Figure 15. Comparative Share Analysis of Automotive Lubricants Market for Mineral Oil Lubricants, by Country 2022 and 2032 (%)
Figure 16. Comparative Share Analysis of Automotive Lubricants Market for Synthetic Lubricants, by Country 2022 and 2032 (%)
Figure 17. Comparative Share Analysis of Automotive Lubricants Market for Semisynthetic Lubricants, by Country 2022 and 2032 (%)
Figure 18. Comparative Share Analysis of Automotive Lubricants Market for Bio-Based Lubricants, by Country 2022 and 2032 (%)
Figure 19. Automotive Lubricants Market, by Vehicle Type, 2022 and 2032 (%)
Figure 20. Comparative Share Analysis of Automotive Lubricants Market for Passenger Cars, by Country 2022 and 2032 (%)
Figure 21. Comparative Share Analysis of Automotive Lubricants Market for Light Commercial Vehicles, by Country 2022 and 2032 (%)
Figure 22. Comparative Share Analysis of Automotive Lubricants Market for Heavy Commercial Vehicles, by Country 2022 and 2032 (%)
Figure 23. Comparative Share Analysis of Automotive Lubricants Market for Others, by Country 2022 and 2032 (%)
Figure 24. Automotive Lubricants Market, by Application, 2022 and 2032 (%)
Figure 25. Comparative Share Analysis of Automotive Lubricants Market for Engine Oil, by Country 2022 and 2032 (%)
Figure 26. Comparative Share Analysis of Automotive Lubricants Market for Gear and Brake Oil, by Country 2022 and 2032 (%)
Figure 27. Comparative Share Analysis of Automotive Lubricants Market for Transmission Fluids, by Country 2022 and 2032 (%)
Figure 28. Comparative Share Analysis of Automotive Lubricants Market for Greases, by Country 2022 and 2032 (%)
Figure 29. Comparative Share Analysis of Automotive Lubricants Market for Others, by Country 2022 and 2032 (%)
Figure 30. Automotive Lubricants Market by Region, 2022 and 2032 (%)
Figure 31. U.S. Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 32. Canada Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 33. Mexico Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 34. Germany Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 35. UK Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 36. France Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 37. Spain Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 38. Italy Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 39. Rest of Europe Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 40. China Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 41. India Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 42. Japan Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 43. South Korea Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 44. Australia Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 45. Rest of Asia-Pacific Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 46. Brazil Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 47. Saudi Arabia Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 48. South Africa Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 49. Rest of LAMEA Automotive Lubricants Market, 2022-2032 ($ Million)
Figure 50. Product Mapping of Top 10 Players
Figure 51. Competitive Dashboard
Figure 52. Competitive Heatmap: Automotive Lubricants Market
Figure 53. Top Player Positioning, 2022
Figure 54. Royal Dutch Shell plc: Net Revenue, 2020-2022 ($ Million)
Figure 55. Royal Dutch Shell plc: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 56. Royal Dutch Shell plc: Revenue Share by Segment, 2022 (%)
Figure 57. Royal Dutch Shell plc: Revenue Share by Region, 2021 (%)
Figure 58. Bp P.L.C.: Net Sales, 2020-2022 ($ Million)
Figure 59. Bp P.L.C.: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 60. Bp P.L.C.: Revenue Share by Segment, 2022 (%)
Figure 61. Bp P.L.C.: Revenue Share by Region, 2022 (%)
Figure 62. Totalenergies: Net Sales, 2020-2022 ($ Million)
Figure 63. Totalenergies: Revenue Share by Segment, 2022 (%)
Figure 64. Totalenergies: Revenue Share by Region, 2022 (%)
Figure 65. Indian Oil Corporation Limited: Net Revenue, 2020-2022 ($ Million)
Figure 66. Indian Oil Corporation Limited: Revenue Share by Region, 2022 (%)
Figure 67. Indian Oil Corporation Limited: Revenue Share by Segment, 2022 (%)
Figure 68. Chevron Corporation: Net Revenue, 2020-2022 ($ Million)
Figure 69. Chevron Corporation: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 70. Chevron Corporation: Revenue Share by Segment, 2022 (%)
Figure 71. Chevron Corporation: Revenue Share by Region, 2022 (%)
Figure 72. Valvoline Inc.: Net Revenue, 2020-2022 ($ Million)
Figure 73. Petrochina Company Limited: Net Revenue, 2020-2022 ($ Million)
Figure 74. Petrochina Company Limited: Revenue Share by Segment, 2022 (%)
Figure 75. Petrochina Company Limited: Revenue Share by Region, 2022 (%)
Figure 76. Exxon Mobil Corporation: Net Revenue, 2020-2022 ($ Million)
Figure 77. Exxon Mobil Corporation: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 78. Exxon Mobil Corporation: Revenue Share by Segment, 2022 (%)
Figure 79. Exxon Mobil Corporation: Revenue Share by Region, 2022 (%)

Executive Summary

According to the report, the automotive lubricants market was valued at $77.8 billion in 2022, and is estimated to reach $116.1 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032.

Automotive lubricant is a specialized fluid designed to reduce friction and wear among moving parts in an automobile's engine and other mechanical components. These lubricants are essential for proper functioning and longevity of a vehicle's engine & various systems. Different types of automotive lubricants are available in the market such as engine oil, differential fluid, brake fluid, and others.

There is growing interest in reducing the environmental impact of automotive lubricants. Mineral oil lubricants are derived from fossil fuels and contribute to carbon emissions. As a result, manufacturers are developing low-viscosity mineral oil lubricants that improve fuel efficiency and reduce emissions.

Large-scale production allows manufacturers to benefit from economies of scale. When producing a high volume of vehicles, the cost per unit decreases, making each vehicle more cost-effective to produce. This leads to lower manufacturing costs and, ideally, lower prices for consumers. Mass production methods, such as assembly lines and standardized components, enable manufacturers to streamline production processes and reduce labor and material costs. This efficiency helps maintain or increase profit margins.

Modern vehicles are equipped with advanced engine technologies, including turbochargers, direct fuel injection, and variable valve timing. These technologies often require specialized lubricants to meet performance and emissions standards, driving demand for advanced lubricants. In addition, older vehicles tend to require more frequent lubricant changes and maintenance. As the average age of the vehicle fleet increases, there is a higher demand for lubricants to keep these vehicles running smoothly. These factors together are expected to enhance the market demand for automotive lubricants during the forecast period.

Traditional petroleum-based lubricants have negative environmental impacts, especially if they leak or are improperly disposed of. They contaminate soil and water, leading to pollution and ecosystem harm. However, many efforts are made to produce more environmentally friendly lubricants. The production of petroleum-based lubricants relies on fossil fuels, contributing to resource depletion and greenhouse gas emissions. This dependence on non-renewable resources raises concerns about long-term sustainability. These factors are projected to hamper market growth during the forecast period.

As the global economy expands, there is a rise in demand for goods and services, driving the need for industrial production. Emerging markets and developing economies, in particular, contribute to this growth as they industrialize and increase their consumption. Technological innovation and automation have revolutionized industrial processes, making production more efficient, cost-effective, and scalable. Automation and Industry 4.0 technologies (such as IoT, AI, and robotics) have improved productivity and quality across various industries. Lubricants are not limited to passenger vehicles; they are also essential in various industrial applications, including manufacturing machinery, construction equipment, and agricultural machinery. Expansion into these sectors diversifies a lubricant manufacturer's customer base. These factors are projected to enhance the automotive lubricant market; thus, offering most lucrative opportunities during the forecast period.

In emerging economies, the expansion of vehicle fleets is significant. Countries like China and India have seen substantial growth in the number of vehicles on the road, contributing to increased demand for engine oil. Modern engines are designed for higher performance, efficiency, and emissions control. These advancements have led to the development of specialized engine oils that meet the specific requirements of advanced engines, driving demand for more advanced lubricants. These factors are driving the overall potential sales of automotive lubricants during the forecast period.

For the purpose of analysis, the global automotive lubricants scope covers segmentation based on source base oil, application, vehicle type, and geography. The base oil segment is categorized into mineral oil, synthetic, semisynthetic, and bio-based lubricants. On the basis of application, the market is classified into engine oil, gear & brake oil, transmission fluids, greases, and others. By vehicle type, it is divided into passenger cars, light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and others. In addition, it analyzes the current market trends across different regions, such as North America, Europe, Asia-Pacific, and LAMEA.

The report highlights numerous factors that influence the growth of the global automotive lubricants market. This report further outlines the current trends and key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key market players to increase their market share and sustain the intense competition in the industry.

The major players operating in the global automotive lubricants market are FUCHS, Indian Oil Corporation Limited, PetroChina Company Limited, Chevron Corporation, Exxon Mobil Corporation, TotalEnergies, BP p.l.c., Valvoline Inc., Royal Dutch Shell PLC.

Key Findings:

On the basis of base oil, the mineral oil lubricants segment is expected to grow at a high CAGR, in terms of revenue, during the forecast period.

Depending on vehicle type the passenger cars segment is expected to grow dominantly, in terms of revenue, during the forecast period.

Depending on application, the engine oil segment is expected to grow at a CAGR of 4.3%, in terms of revenue, during the forecast period.

Region wise, Asia-Pacific garnered a share of around 40% in 2022 in terms of revenue.

Companies Mentioned

  • FUCHS
  • Indian Oil Corporation Limited
  • PetroChina Company Limited
  • Chevron Corporation
  • Exxon Mobil Corporation
  • TotalEnergies
  • BP p.l.c.
  • Valvoline Inc.
  • Royal Dutch Shell PLC

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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