Automotive Lubricants Market size was valued at 73458.71 USD Million in 2024 and is projected to reach 132436.05 USD Million by 2035, growing at a CAGR of 5.7 % from 2025 to 2035

Market Research Future (MRFR) has published a comprehensive research report on the “Global Automotive Lubricants Market”, covering trends from 2019 to 2035.

The market is projected to grow at a CAGR of 5.7% during the forecast period (2025–2035), reaching a valuation of 132436.05 USD Million by 2035.

As per Market Research Future (MRFR) analysis the following companies as the key players in the Global Automotive Lubricants Market, Sinopec Lubricant (Singapore) Pte Ltd, China National Petroleum Corporation (CNPC), ExxonMobil, BP p.l.c., Shell plc, TotalEnergies, Chevron corporation, Valvoline, Gulf Oil International Ltd, Indian Oil Corporation Limited, McLarens Lubricants Limited (MLL), Ceylon Petroleum Corporation

Automotive Lubricants Market Highlights

Automotive Lubricants Market is projected to grow at a CAGR of 5.7% in the forecast period, and the market is expected to reach 132436.05 USD Million by 2035.

Global Automotive Lubricants Market was valued at 73458.71 USD Million in 2024. The Global Automotive Lubricants Market is projected to grow 132436.05 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.7 % during the forecast period (2025-2035).

Aftermarket services and digital integration represent a major growth opportunity for the global automotive lubricants market by transforming lubricant demand from schedule-based replacement to smarter, data-driven consumption supported by connected service ecosystems. The automotive aftermarket, encompassing routine maintenance, repairs, and upgrades, accounts for majority of global lubricant volumes, presenting a vast opportunity for sustained sales beyond OEM fills as vehicles age and accumulate mileage. Partnerships with independent service centers, quick-lube chains like Jiffy Lube and Valvoline Instant Oil Change, and dealership networks expand distribution by bundling premium lubricants with oil changes, filter replacements, and diagnostic services, capturing impulse buys and fostering repeat business through loyalty programs. Furthermore, E-commerce platforms such as Amazon, AutoZone online, and specialized sites like RockAuto further amplify reach, enabling direct-to-consumer sales of multi-packs, bulk drums for DIY enthusiasts and subscription models for regular deliveries, particularly appealing to c urban space with limited garage access. These channels leverage data analytics for personalized recommendations, such as suggesting synthetic upgrades based on vehicle VIN and service history, therefore driving conversion rates up higher than traditional retail.

Digital integration revolutionizes engagement via predictive maintenance apps like those from ExxonMobil's Mobil 1 app ecosystem, which use smartphone OBD-II dongles to monitor oil life, viscosity degradation, and contamination in real-time, prompting timely changes and upselling extended-life synthetics. Similarly, IoT-enabled monitoring systems in commercial fleets, integrated with telematics from Geotab or Samsara which tracks lubricant performance metrics like temperature spikes and particulate buildup and optimizes drain intervals by 20-30% and reducing total ownership costs. Moreover, Direct-to-consumer platforms, including brand apps and social commerce on TikTok Shop or Instagram, facilitate seamless product delivery with AR tools for compatibility checks and virtual consultations, while blockchain-tracked authenticity combats counterfeit prevalent in emerging markets. This omnichannel approach not only boosts revenue per customer through cross-selling additives and filters but also builds data moats for refined formulations, ultimately enhancing aftermarket retention amid slowing new vehicle sales. Additionally, Digital EV diagnostics and service networks create incremental opportunities for thermal fluids, e-axle lubricants, reduction-gear oils, and dielectric greases, where condition-based servicing and fluid performance tracking become essential, opening higher-margin product and service integration avenues. Together, these above mentioned factors allow lubricant companies to go beyond competing on product specifications alone, by integrating directly into connected aftermarket service ecosystems. This drives higher repeat demand, strengthens pricing stability through added digital service value, and enables brands to capture sustained, high-frequency lubricant consumption in the aftermarket.

Segment Analysis

Based on Base Oil,

Based on Base Oil the Global Automotive Lubricants Market is segmented into:

• Mineral Oil


• Synthetic Oil


• Semi-synthetic Oil


• Bio-Based Oil

Mineral Oil

The Mineral Oil segment is still the main contributor to the advent of an automotive lubricants market worldwide because the production infrastructure is already established, it is cheaper than synthetic materials, and it performs adequately in many standard vehicle applications. Within this segment, paraffinic base oils with saturated hydrocarbons at a very high level are recognized for a good combination of high-temperature stability, high viscosity index and low evaporation, hence they are used for a wide variety of passenger car engine oils, commercial vehicle crankcase oils, and gear oils; paraffinic oils is the largest consumed oil type in the world and is the entire volume coming from long-term OEM (original equipment manufacturer) approval and compatibility with formulators drives the demand. Naphthenic base oils provide the continuous low pour point and excellent solvency of the oils, thus they can be used as a solvent in the diesel engine fuel for easy start-up and compatibility with the additives is in the case of compressor oils and engine oils where cold start protection is crucial; their special characters enable the making of formulations that have to retain flexibility at extreme low temperatures and can also control deposits strongly. Aromatic base oils which are not used in the production of automobile lubricants, to a large extent, because of lower oxidation resistance and poor viscosity characteristics in comparison to paraffinic and synthetic materials, are being used in small-scale industrial and automotive application areas where the requirement is high solvency and specific rheological behavior such as in certain industrial gear oil blends or hydraulic fluid for off-highway vehicles.

Synthetic Oil

The market for Synthetic Oil products is growing consistently and at a faster rate than that of the mineral-based products. The rapid growth of the synthetic oil market is due to the changing vehicle performance requirements, the introduction of new regulations regarding emissions and fuel-efficiency, and consumers’ choice of longer oil change intervals; synthetic oils manufacturers claim that they produce oils with better thermal stability, less volatility, more wear protection, and better pumpability in extreme cold. PAO (Polyalphaolefin) base oils belong to synthetic oils and are the most widespread in automotive applications, as they provide excellent oxidative and thermal stability, a high viscosity index, and low pour points that are conducive to engine start-up protection in extreme climates; the premium OEMs frequently specify PAO-based formulations for high-performance passenger cars, sports vehicles, and modern turbocharged, direct-injection engines that operate at higher temperatures and tighter tolerances.

PAG (Polyalkylene Glycol) base oils are characterized by their very good lubricity and film strength as well as thermal stability, which makes them suitable for specialized automotive gear oils, high-load differentials, and certain automatic transmission fluids; while PAG’s attractive characteristics also come with limitations, it is still the performance benefits that lead to the retraction of PAG in some conventional engine oil applications but the supporting niche segments where friction reduction and extended component life are critical.

Ester-Based synthetic oils consist of biodegradable organic esters such as diesters and polyol esters, and these give customers the one stop solution for their problems in the lubricants market as they are not only superior in inherent lubricity but also in high film strength, excellent solvency for additives, and strong high-temperature performance; these properties make ester-based lubricants the winners in the applications like turbocharged engines, racing lubricants, and luxury vehicles where extreme performance and rapid heat dissipation are inevitable. Others in the synthetic category include advanced Group V base stocks and tailored synthetic blends incorporating novel chemistries such as advanced polyolefin esters or proprietary synthetic blends designed to reduce emissions, enhance fuel economy, and meet the latest API (American Petroleum Institute) and ACEA (European Automobile Manufacturers’ Association) specifications; this “others” category supports innovation in eco-friendly, long-life, and high-efficiency lubricant formulations.

Semi-synthetic Oil

The Semi-synthetic Oil segment, which combines mineral base oils with synthetic base stocks and additives, is a transitional technology that offers better oxidation resistance, high-temperature stability, and wear protection compared to traditional mineral oils, and it does all this at a price that is lower than fully synthetic products. Thereby, semi-synthetic oils are widely used in regular passenger cars, light commercial vehicles, and mixed fleets where the performance improvements (like longer drain intervals, lower oil consumption, and good cold-start performance) are not that much but still, the cost of full synthetic lubricants is avoided. These products frequently take a significant part of the global volume in emerging markets and cost-sensitive segments where OEM approvals might allow semi-synthetic grades for mid-range engines.

Bio-Based Oil

The Bio-Based Oil segment is emerging as an environmentally focused alternative within the automotive lubricants market, attracting interest due to regulatory pressure to reduce carbon footprints, increased use of renewable feedstocks, and growing demand for biodegradable and low-toxicity lubricant options; bio-based automotive lubricants are formulated from renewable raw materials such as vegetable oils (e.g., soybean, canola), ester derivatives, and other biologically derived feedstocks that offer good intrinsic lubricity, high viscosity indices, and excellent biodegradability compared to traditional mineral and synthetic oils.

While bio-based oils currently represent a smaller share of the overall market relative to conventional and synthetic oils, they are gaining traction in segments where environmental impact, sustainability commitments by OEMs and fleet operators, and regulatory mandates for reduced ecological harm (such as in environmentally sensitive zones or for urban fleets) drive adoption; formulations in this space are increasingly engineered to meet performance standards comparable to conventional lubricants while supporting extended oil life, reduced emissions, and easier end-of-life biodegradation, positioning bio-based automotive lubricants as a growth segment aligned with broader sustainability trends in the global automotive industry.

Based on Product Type,

Based on Product Type the Global Automotive Lubricants Market is segmented into:

• Engine Oil


• Gear Oil


• Grease


• Coolants / Antifreeze Fluids


• Brake Fluids


• Others

Engine Oil

Engine Oil is the largest and most critical segment in automotive lubricants, primarily used to reduce friction and wear between moving engine parts, maintain cleanliness, and manage heat generated during engine operation. It protects engines against corrosion, sludge, and varnish formation while improving fuel efficiency and extending engine life. Engine oils are available in single-grade and multi-grade formulations and can be mineral-based, semi-synthetic, or fully synthetic depending on the application. Modern engine oils are also designed to meet stringent OEM and international specifications, such as API, ACEA, and ILSAC, to support advanced engine technologies including turbocharging, direct injection, and hybrid powertrains. Additives in engine oils, like detergents, anti-wear agents, and friction modifiers, further enhance engine performance and emission control. With increasing vehicle electrification and stringent emission norms, engine oils are evolving to provide better oxidation stability, longer service intervals, and compatibility with emission-reducing after-treatment systems.

Gear Oil

Gear Oil is used to lubricate transmissions, differentials, and final drive units, which operate under high loads, extreme pressure, and shock conditions. It protects metal surfaces from wear, prevents overheating, reduces friction, and ensures smooth power transfer. Gear oils are typically formulated with extreme-pressure (EP) additives and are available in different grades such as GL-4 and GL-5 to match specific transmission requirements. This segment is crucial for both manual and heavy-duty commercial vehicle transmissions, off-highway machinery, and high-performance vehicles. With the rise of advanced drivetrain systems and off-road applications, gear oils are being developed to provide improved thermal stability, oxidation resistance, and reduced churning losses, which enhance fuel economy and component longevity.

Grease

Grease is a semi-solid lubricant composed of base oils and thickening agents, used where liquid lubricants cannot remain in place or frequent re-lubrication is impractical. It is applied to wheel bearings, chassis components, universal joints, suspension systems, and other moving parts exposed to water, dust, and extreme loads. Grease provides long-lasting protection against wear, corrosion, and contamination while maintaining mechanical stability at various temperatures. Specialty greases are engineered for high-speed applications, high-load conditions, or extreme temperatures, including multi-purpose greases, lithium complex greases, and calcium sulfonate greases. The segment is growing with increasing demand from commercial vehicles and off-highway machinery, where reliability and reduced maintenance cycles are key priorities.

Coolants / Antifreeze Fluids

Coolants / Antifreeze Fluids are essential for maintaining optimal engine temperature by absorbing and transferring heat away from the engine to the radiator. They prevent overheating in hot climates and freezing in cold temperatures, while protecting engine components, hoses, and radiators from corrosion, scaling, and cavitation. Modern coolants contain a mix of glycols (ethylene or propylene) and corrosion inhibitors to enhance thermal stability and service life. Coolants are also formulated to be compatible with water pumps, gaskets, and aluminum engine parts, ensuring long-term reliability. With increasing engine efficiency and higher operating temperatures in modern vehicles, coolant formulations are becoming more advanced to support longer drain intervals, prevent cavitation, and improve heat transfer efficiency.

Brake Fluids

Brake Fluids are hydraulic fluids that transmit force from the brake pedal to the braking system, enabling controlled and reliable stopping. They must maintain consistent viscosity under high temperatures and resist moisture absorption to prevent vapor formation, which can compromise braking performance. Brake fluids are typically glycol-ether based or DOT-specified formulations (DOT 3, DOT 4, DOT 5.1) that ensure chemical stability and safety across a wide temperature range. With increasing vehicle safety standards and the adoption of advanced braking systems like ABS and electronic stability control, high-performance brake fluids are required to provide consistent pedal feel, faster response, and durability under demanding conditions.

Others

Others includes specialized automotive fluids such as automatic transmission fluids (ATF), continuously variable transmission (CVT) fluids, power steering fluids, hydraulic oils, and aftermarket additive packages. These products are designed to meet specific functional needs such as smooth gear shifting, steering assistance, hydraulic system operation, and enhanced lubrication performance. The segment also covers emerging technologies like electric vehicle lubricants, which focus on thermal management and reducing friction in electric drivetrains. With evolving automotive technologies and stricter environmental regulations, the “Others” segment is expanding to support vehicle efficiency, reduce emissions, and extend component life across both conventional and alternative powertrains.

Based on Sales Channel,

Based on Sales Channel the Global Automotive Lubricants Market is segmented into:

• OEMs


• Aftermarket

OEMs

OEMs (Original Equipment Manufacturers) form a part of the automotive lubricants market where direct supply of products to car manufacturers occurs for the use in new cars during the assembly process or as fluids included in the factory's recommended ones. Lubricants that come through OEM channels are usually specially made to the specific manufacturer's purity requirements and undergo thorough testing for compatibility with the engine, transmission, and other vehicle systems. This segment guarantees that the cars rolled out of the factory possess the best fluids that are conducive for performance and longevity while complying with warranty conditions. The lubricants coming from OEMs usually cover the following categories: passenger cars, commercial vehicles, and special application vehicles, with a focus on quality inclinations such as fully synthetic engine oils, next-generation gear oils and extra-efficient greases. The OEM channel can sometimes create and sustain brand trust and consumer loyalty; as manufacturers suggest that the vehicle owners continue to use the recommended fluids and that such a practice would be correct, therefore, maintenance and service are frequently carried out using the same fluids.

Aftermarket

Aftermarket is terminology that denotes the sale of automotive lubricants via independent retailers, workshops, service centers, e-commerce avenues, and gas stations after the vehicle has been sold. This segment is designed for vehicle owners who are looking for replacement fluids, maintenance products, or performance-enhancing lubricants. Aftermarket products consist of a wide range of formulations such as conventional mineral oils, semi-synthetic and fully synthetic oils, greases, coolants, and specialty fluids. Factors such as vehicle age, maintenance frequency, availability of different brands, price, and convenience are driving the aftermarket segment. Furthermore, it is assisted by increased consumer knowledge about longer service intervals, synthetic oil advantages, and eco-friendly or bio-based lubricants. The aftermarket is especially significant in developing markets, where independent service centers are the main players in the maintenance of vehicles and offer much more flexibility in product selection than OEM channels.

Based on End User,

Based on End User the Global Automotive Lubricants Market is segmented into:

• Passenger Cars


• Light Commercial Vehicles (LCVs)


• Heavy Commercial Vehicles (HCVs)


• Two-Wheelers / Motorcycles


• Battery Electric Vehicles


• Others

Passenger Cars

Passenger Cars are the main segment of the global automotive lubricants market, and they take the largest share of consumption of such products owing to the huge global fleet of personal vehicles. Passenger car lubricants consist of engine oils, transmission fluids, greases, brake fluids, and coolants, which are all developed to make sure the engine runs smoothly, less wear created, fuel efficiency increased, and emission norms met. With the increased use of turbocharged, direct-injection, and hybrid engines, the formulation of the lubricants for passenger vehicles is geared towards robustness to higher temperatures, making it difficult for sludge to form, and viscosity being controlled in the varying conditions. The use of synthetic and semi-synthetic oils is increasing as a result of their longer drain intervals and better performance in extreme weather conditions. The demand for lubricants of the highest quality in this sector is also being stimulated by factors such as more awareness among customers regarding vehicle maintenance, longer service intervals, and environmental sustainability.

Light Commercial Vehicles (LCVs)

Light Commercial Vehicles (LCVs), made up of vans, small trucks, and pickups, are a major market for automotive lubricants as these vehicles are widely used for urban transport, logistics, and delivery services. LCVs, thus, have to endure lubricants that are specially made for passenger cars’ operations. Engine oils, gear oils, greases, and hydraulic fluids are yielding excellent wear protection, fuel efficiency, and thermal stability. The booming e-commerce and last-mile delivery services are increasing the number of LCV fleets leading to more lubricants being consumed. Besides, OEMs are increasingly endorsing semi-synthetic and synthetic oils to enhance the life of vehicles and minimize the total cost of ownership in commercial operations.

Heavy Commercial Vehicles (HCVs)

Heavy Commercial Vehicles (HCVs), which comprise buses, big trucks, and long-haul freight vehicles, necessitate lubricants that can survive the most demanding operating conditions such as extreme loads, long distances, and high engine temperatures. The engine oils for HCVs are specially designed to offer oxidation stability that is superior, control of deposition, and excellent anti-wear properties to guarantee engine reliability and long service life. Gear oils, greases, and hydraulic fluids are made to withstand heavy-duty use under conditions of very high pressure, high torque, and long operating hours. The environmental regulations and stricter emission norms are the ones that push the industry to create low-SAPS (sulfated ash, phosphorus, sulfur) and fuel-efficient lubricants. The adoption of extended drain interval oils and advanced synthetic formulations is becoming more common as a means to minimizing maintenance downtime and enhancing operational efficiency in the logistics and transport sectors.

Two-Wheelers / Motorcycles

The Two-Wheelers / Motorcycles sector is very significant in the Asia-Pacific region where the use of motorcycles and scooters for commuting and transporting goods is a common practice. The lubricants in this market are developed mainly for the high-performance and lightweight engines, gearboxes, and chains, making the machines very easy to operate under such as high RPM and stop-and-gos traffic conditions. Motorcycle engine oils are produced in mineral, semi-synthetic, and fully synthetic grades, thereby providing good low-temperature flow, high thermal stability, and wear protection at the same time. Chain oils and greases are required to keep the drivetrain working efficiently and to prolong the life of the components. The urban mobility trend, higher disposable incomes, and more people being knowledgeable about vehicle maintenance are the major factors contributing to the increased demand for high-quality lubricants in this segment.

Battery Electric Vehicles (BEVs)

Battery Electric Vehicles (BEVs) are a new and very soon-to-be large segment that relies heavily on lubricants mainly for thermal management, electric motor gearboxes, and battery cooling systems. The use of specialized lubricants is inevitable for these vehicles because of the electric drivetrains, which need lubricants with superior thermal conductivity, low friction, electrical insulation, and long-term stability. The global electrical vehicle promotion initiatives, government subsidies, and emission targets are among the factors that will drive the need for BEV-specific lubricants to the very peak. The same is true for the research and development of bio-based, biodegradable, and high-performance EV fluids, which are opening up new opportunities in this area.

In addition, BEV automatic transmission fluids do not use conventional multi-speed automatic transmissions, they rely on single-speed or integrated e-axle reduction gearboxes that require highly specialized drivetrain fluids. These fluids perform multiple functions, including gear lubrication, electric motor and power electronics cooling, electrical insulation, and noise reduction. Compared to traditional ATFs, BEV drivetrain fluids must exhibit high dielectric strength, superior thermal stability, low electrical conductivity, and material compatibility with copper windings and polymers. As BEV architectures continue to evolve, OEMs are increasingly demanding customized, high-performance, and sustainable transmission and e-axle fluids, making this a critical and fast-growing segment within the overall EV lubricants market.

Others

Other categories comprise specialized vehicles and particular usages such as off-highway, construction, and military vehicles. Also included are agricultural and recreational vehicles. Lubricants in this group are extremely unique and sophisticated to endure the highest loads, temperatures, and toughest operating conditions. The range of products consists of heavy-duty engine oils, hydraulic fluids, greases, and coolants that keep the machines running and minimize the downtime. The segment also covers applications in marine, aviation, and industrial vehicles where performance, durability, and adherence to the regulations are the driving factors. The “Others” segment is powered by technological advancements, such as synthetic and high-performance lubricants, to fulfill the strict operational and environmental standards of specialized machinery.

Regional Analysis

Based on the region,

North America

North America is considered an old yet functional market for automotive lubricants which is mainly boosted by the presence of a large fleet consisting of passenger cars, light commercial vehicles, and heavy-duty trucks. The region's demand is solely supported by the strict environmental regulations like the EPA standards which not only restrict but also promote the use of high-quality, low-emission, and fuel-efficient lubricants. Synthetic and semi-synthetic engine oils, high-performance gear oils, greases, and specialty fluids have become very common. The presence of major original equipment manufacturers (OEMs), good disposal income levels, and robust aftermarket infrastructure are other factors that contribute to the unending consumption of lubricants. Moreover, the growing attention to vehicle maintenance, longer oil change intervals, and the acceptance of hybrid/electric vehicles are steadily influencing the market for specialized and eco-friendly lubricants in the area.

Europe

The premium and high-tech automotive lubricants have been setting the trends in Europe mainly due to the high regulatory requirements such as the Euro 6/7 emission controls and policies that are aimed at improving fuel economy. The demand stems from the use of lubricants in passenger cars, light commercial vehicles, heavy commercial vehicles, and the expanding electric vehicle fleet, which all need lubricants with excellent thermal stability, low viscosity, and extended service life. The market is mainly occupied by synthetic and semi-synthetic oils, while the bio-based and eco-friendly lubricants are slowly but steadily winning over the market. The well-established aftermarket channels, high acceptance of OEM-recommended products, and advanced automotive manufacturing in Europe are the factors that together promote continuous innovation and high-quality lubricant formulations.

Asia Pacific

The Asia-Pacific region has become the largest automotive lubricants market, and it is primarily due to the rapid increase in the vehicle population, urbanization in the area, and the rise in people's income. Demand for passenger cars, two-wheelers, light commercial vehicles, and heavy trucks is very large and it leads to the consumption of lubricants through Original Equipment Manufacturers (OEMs) and the aftermarket. The use of semi-synthetic and synthetic oils is increasing in the region, with India, China, and Southeast Asia being the main contributors. There, engine maintenance and fuel economy awareness are the main factors influencing lubricant selection. The growth of the logistics and e-commerce sectors has also contributed to the demand for commercial vehicle lubricants. Moreover, government programs that support electric mobility and eco-friendliness are facilitating the creation of bio-based and electric vehicle-specific lubricants in the region.

South America

South America is an automotive lubricants market on the rise, with the main factors for growth being the increase in vehicle ownership, the modernization of transport fleets and, last but not least, the rising demand for maintenance services. The most significant part of the lubricant consumption goes to passenger cars, LCVs, and HCVs, which consume a variety of mineral, semi-synthetic, and synthetic products. The market is subject to the impact of the economy, government measures, and the regional trade regulations that determine the sales of both OEM and aftermarket. The increasing knowledge of engine performance, fuel efficiency, and vehicle durability is slowly changing the demand from lower-quality products to higher-quality synthetic and semi-synthetic lubricants.

MEA

The MEA (Middle East & Africa) market is influenced by a mix of extreme weather, an increase in vehicle numbers, and the building of new infrastructure. There is a huge demand in the area for not only passenger cars but also LCVs (light commercial vehicles), HCVs (heavy commercial vehicles), and off-highway vehicles that all want lubricants to be able to stand the test of extreme heat, dust, and heavy use. In the case of high-performance and luxury vehicles, synthetic and semi-synthetic oils are being more and more used, whereas, in commercial and industrial applications, mineral oils are still very much prevalent. The market growth is bolstered by urbanization, fleet expansions, and the adoption of the latest automotive technologies, but on the other hand, economic instability and dependence on imports can alter the market situation.

Key Findings of the Study

• The global automotive lubricants market.is expected to reach 132436.05 USD Million by 2035, growing at a CAGR of 5.7 % during the forecast period.


• In APAC accounted for the largest market revenue share of 56.08 % in 2024.


• Mineral Oil accounted for the largest revenue share, holding about 63.57 % in 2024 in Base Oil Segment.


• Engine Oil accounted for the largest revenue share, holding about 68.44 % in 2024 in Product Type Segment.


• Aftermarket accounted for the largest revenue share, holding about 70.26 % in 2024 in Sales Channel Segment.


• Passenger Cars accounted for the largest revenue share, holding about 41.95 % in 2024 in End User Segment.


• The Global Automotive Lubricants Market, key players Sinopec Lubricant (Singapore) Pte Ltd, China National Petroleum Corporation (CNPC), ExxonMobil, BP p.l.c., Shell plc, TotalEnergies, Chevron corporation, Valvoline, Gulf Oil International Ltd, Indian Oil Corporation Limited, McLarens Lubricants Limited (MLL), Ceylon Petroleum Corporation