Automotive Lubricants Market Share

ID: MRFR/CnM/0717-CR

120 Pages

Priya Nagrale

October 2025

Automotive Lubricants Market Research Report By Base Oil (Mineral Oil, Synthetic Oil, Semi-synthetic Oil, Bio-Based Oil), By Product Type (Engine Oil, Gear Oil, Grease, Coolants / Antifreeze Fluids, Brake Fluids, Others), By Sales Channel (OEMs, Aftermarket), By End User (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Two-Wheelers / Motorcycles, Battery Electric Vehicles, Others), By Region – Forecast to 2035

Automotive Lubricants Market Infographic

Request Free Sample

Summary Table of Contents Segmentation Download PDF

Market Share

Automotive Lubricants Market Share Analysis

In the highly competitive Automotive Lubricants Market, companies employ various strategies to position themselves effectively and capture market share. One common approach is differentiation, where companies strive to distinguish their products from competitors through unique features or benefits. For instance, some companies may focus on developing lubricants specifically tailored to certain vehicle types or engine technologies, such as high-performance sports cars or electric vehicles. By catering to niche segments with specialized products, companies can carve out a loyal customer base and command premium pricing, thereby enhancing their market share.

Various factors drive the demand for automotive lubricants market all across the globe. Lubricants used in industrial operations help the company in saving cost as the lubricated machines produce less friction and hence require less fuel, and emit carbon dioxide in less amount.

Another key strategy is cost leadership, wherein companies aim to become the lowest-cost producer in the market. This often involves streamlining manufacturing processes, optimizing supply chain efficiencies, and negotiating favorable deals with suppliers. By offering competitively priced lubricants without compromising on quality, companies can attract price-sensitive customers and gain market share, especially in price-sensitive segments or regions where affordability is a significant factor influencing purchasing decisions.

Furthermore, innovation plays a crucial role in market share positioning within the Automotive Lubricants Market. Companies invest heavily in research and development to create cutting-edge formulations that deliver superior performance, durability, and environmental sustainability. By introducing innovative products that outperform conventional lubricants, companies can capture the attention of discerning customers and gain a competitive edge in the market. Additionally, innovation allows companies to stay ahead of regulatory requirements and address evolving consumer preferences, further solidifying their market share.

Moreover, effective branding and marketing strategies are essential for companies vying for market share in the Automotive Lubricants Market. Building a strong brand image and establishing brand equity can significantly influence consumers' purchasing decisions, especially in a market where trust and reliability are paramount. Companies invest in marketing campaigns that highlight the unique value propositions of their products, such as superior engine protection, fuel efficiency, or extended maintenance intervals. By effectively communicating these benefits to consumers through various channels, including digital media, advertising, and sponsorships, companies can enhance brand visibility and preference, ultimately leading to increased market share.

Furthermore, strategic partnerships and alliances can be instrumental in expanding market share within the Automotive Lubricants Market. Collaborating with automotive manufacturers, dealerships, and aftermarket service providers allows companies to gain access to a broader customer base and distribution network. By aligning with trusted industry players and leveraging their existing relationships, companies can accelerate market penetration and strengthen their competitive position. Strategic partnerships also provide opportunities for co-branding initiatives, joint product development, and cross-promotional activities, which can further enhance brand recognition and customer loyalty.

Lastly, geographical expansion and market diversification are vital components of market share positioning strategies in the Automotive Lubricants Market. Companies seek to capitalize on growth opportunities in emerging markets by expanding their presence and distribution channels. Additionally, diversifying product offerings to cater to different vehicle segments, applications, and industries reduces dependency on specific market segments and enhances resilience against market fluctuations. By adopting a balanced approach to geographical expansion and product diversification, companies can mitigate risks and optimize their market share across various regions and market segments, ensuring long-term sustainability and competitiveness in the Automotive Lubricants Market.

Market Highlights

Author

Priya Nagrale

Senior Research Analyst

With an experience of over five years in market research industry (Chemicals & Materials domain), I gather and analyze market data from diverse sources to produce results, which are then presented back to a client. Also, provide recommendations based on the findings. As a Senior Research Analyst, I perform quality checks (QC) for market estimations, QC for reports, and handle queries and work extensively on client customizations. Also, handle the responsibilities of client proposals, report planning, report finalization, and execution

Get In Touch

FAQs

What is the projected market valuation of the Automotive Lubricants Market by 2035?

The Automotive Lubricants Market is projected to reach a valuation of 132436.05 USD Million by 2035.

What was the market valuation of the Automotive Lubricants Market in 2024?

In 2024, the Automotive Lubricants Market was valued at 73458.71 USD million.

What is the expected CAGR for the Automotive Lubricants Market during the forecast period 2025 - 2035?

The expected CAGR for the Automotive Lubricants Market during the forecast period 2025 - 2035 is 5.7%.

Which segment of automotive lubricants had the highest valuation in 2024?

In 2024, the Engine Oil segment had the highest valuation, ranging from 45.0 to 70.0 USD Billion.

What are the projected valuations for Fully Synthetic Oil by 2035?

The projected valuation for Fully Synthetic Oil is expected to range from 30.0 to 50.0 USD Billion by 2035.

Which key players dominate the Automotive Lubricants Market?

Key players in the Automotive Lubricants Market include ExxonMobil, Shell, BP, Chevron, and TotalEnergies.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

Customize Report

Certified Researchers

Market Summary

As per Market Research Future analysis, the Automotive Lubricants Market Size was estimated at 73458.71 USD Million in 2024. The Automotive Lubricants industry is projected to grow from 76377.06 USD Million in 2025 to 132436.05 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.7 % during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Automotive Lubricants Market is witnessing steady growth, supported by rising vehicle production, expanding automotive fleets, and increasing awareness of vehicle maintenance across both developed and emerging economies. Key trends shaping the market include:

Rising global vehicle parc and aftermarket demand continue to drive market growth, as engine oils, transmission fluids, and greases are essential for vehicle performance, fuel efficiency, and longevity. Growth in passenger vehicles, commercial vehicles, and two-wheelers is significantly boosting lubricant consumption. Shift toward high-performance and synthetic lubricants is accelerating market expansion. Automakers and consumers are increasingly adopting synthetic and semi-synthetic lubricants due to their superior thermal stability, longer drain intervals, and enhanced engine protection, especially in modern, high-efficiency engines. Electric vehicle (EV) adoption is reshaping lubricant demand patterns. While EVs reduce demand for traditional engine oils, they are creating new opportunities for specialized lubricants and fluids used in e-transmissions, thermal management systems, and bearings, supporting long-term market diversification. Volatility in crude oil prices and raw material costs remains a key restraint for the market. Fluctuating base oil prices and supply-chain disruptions can impact production costs, pricing strategies, and profit margins for lubricant manufacturers.

Automotive Lubricants Market

CAGR

5.7 %

Market Size & Forecast

2024 Market Size	73458.71 (USD Million)
2035 Market Size	132436.05 (USD Million)
CAGR (2025 - 2035)	5.7 %

Major 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

Market Trends

The growing global emphasis on sustainable and environmentally responsible practices presents a strong market opportunity for the automotive lubricants industry by driving demand for bio-based, low-carbon, and non-toxic lubricant formulations that help OEMs and service channels meet tightening sustainability commitments and regulatory expectations. These bio-based lubricants, primarily formulated from renewable sources such as vegetable oils (e.g., rapeseed, sunflower, palm), synthetic esters, and polyglycols, exhibit superior biodegradability while offering low aquatic toxicity and reduced volatility. This shift aligns with global regulatory frameworks like the EU's REACH, OSPAR conventions for marine environments, and the U.S. EPA's Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), which prioritize low-toxicity fluids in sensitive applications such as hydraulic systems, two-stroke engines, and chainsaws. Bio-based options also comply with emerging "green procurement" policies in fleets and OEM specifications from manufacturers like Volvo and Caterpillar, who mandate biodegradable lubricants for off-road and marine equipment to mitigate spill risks.

Additionally, rising government incentives, corporate ESG mandates and consumer preference for green automotive care products are pushing lubricant blenders toward localized bio-lubricant capacity expansion along with co-development with automakers for OEM approvals and premium pricing opportunities, which ultimately enabling market growth through portfolio differentiation, stronger aftermarket loyalty and demand for environmentally aligned performance-driven automotive lubricant solutions.

Companies investing in sustainable lubricant formulations are achieving strong market differentiation by securing certifications such as USDA BioPreferred, EU Ecolabel, and VGP compliance, which support premium pricing, typically 20–50% higher than conventional lubricant grades while strengthening appeal among environmentally aware consumers, B2B buyers in sectors like construction and agriculture, and ESG-driven investors. For instance, major industry players, including Shell with its Naturelle product line and TotalEnergies are accelerating bio-based scaling by adopting co-processing approaches in refineries, enabling blends containing up to 50% renewable feedstocks without compromising critical performance attributes such as oxidation stability, low pour point or other core formulation benchmarks.

Moreover, performance parity has improved markedly, with advanced bio-based synthetics delivering comparable or better lubricity, thermal stability and extended drain intervals in passenger cars, heavy-duty trucks and industrial applications, supported by enzyme-derived additives and nano-enhancements. This addresses historical pain points like oxidative instability in vegetable bases, positioning them as viable for high-temperature engines and EV thermal management.

Ultimately, this trend not only future-proofs supply chains against carbon taxes and plastic bans but also enhances brand loyalty among environmental conscious consumers, who prioritize sustainability, while opening aftermarket opportunities in quick-lube chains and fleet maintenance programs emphasizing "green" credentials for total cost of ownership advantage.

Automotive Lubricants Market Market Drivers

Regulatory-Led Lubricant Innovation & Advanced Formulations

Stringent emission regulations and rapid advancements in lubricant technology together form a critical growth driver in the global automotive lubricants market, as regulatory pressure is compelling automakers to design fuel-efficient, low-emission engines that depend on next-generation synthetic and semi-synthetic lubricants optimized for friction reduction and thermal endurance.

For instance, Governments worldwide have introduced tighter standards such as Euro 6, BS-VI in India, and CAFE fuel-economy mandates in the US, pushing OEMs toward downsized, turbocharged, direct-injection, and electrified powertrains, all of which require specialized low-viscosity oils and advanced additive chemistries to minimize energy losses, manage higher operating temperatures, and protect precision engine components.
Continuous improvements in lubricant formulations, especially fully synthetic and semi-synthetic blends which are allowing OEMs and lubricant marketers to deliver much higher value per fill than conventional mineral oils. These advanced formulations are engineered with high-purity base stocks and sophisticated additive packages (detergents, dispersants, anti-oxidants, anti-wear agents, viscosity modifiers) that collectively deliver longer-lasting protection, better cleanliness, and more stable viscosity across a wider temperature range.
Superior wear protection which is achieved through optimized anti-wear chemistry and friction modifiers where it reduces metal-to-metal contact, lowering component wear and extending engine and drivetrain life. In commercial fleets, this translates into longer overhaul intervals and higher vehicle uptime whereas in passenger cars, it underpins smoother operation and resale value, reinforcing brand trust in both the lubricant and the service channel. As a result, workshops and distributors can command higher revenue per liter by positioning these products as performance and durability solutions rather than simple commodities.
Similarly, Stronger oxidation resistance and improved thermal stability allow lubricants to maintain viscosity and protective film strength under high-load, high-temperature conditions typical of turbocharged and downsized engines. By resisting sludge and varnish formation, these formulations keep engines cleaner, protect sensitive components such as turbochargers and timing systems, and help sustain fuel economy benefits over time. This performance differentiation supports premium pricing tiers and justifies upselling from conventional grades to synthetic or semi-synthetic SKUs.
Additionally, extended drain intervals mean that vehicles can operate for significantly more kilometers or months between oil changes while still meeting OEM warranty and performance specifications. This not only reduces downtime and maintenance costs for fleet operators and passenger car owners, but also strengthens loyalty to premium brands that can clearly demonstrate total cost of ownership savings. As workshops and dealers switch customers into these longer-drain synthetic products, the perceived value of the service increases, helping retain customers within authorized networks for a larger share of the vehicle’s life cycle.
Therefore, this convergence of regulation and formulation science is accelerating product premiumization, expanding high-margin segments, and reinforcing sustained market demand through continuous innovation aligned with the future of cleaner automotive technology.

The Increasing Production And Sales Of Vehicles Worldwide Drive The Demand For Lubricants

The Increasing production and global sales of vehicles is one of the most structural and quantifiable drivers of the automotive lubricants market, as it expands both OEM first-fill volumes at assembly lines and the long-term aftermarket demand from a growing in-use vehicle. Similarly, higher vehicle output raises lubricant consumption across engines, transmissions, axles, gear systems, greases, and specialty fluids, while rising sales increase total vehicle kilometers traveled (VKT), leading to faster mileage accumulation and more frequent oil-change cycles, particularly in passenger cars, commercial fleets, two-wheelers, and heavy-duty equipment used in logistics, mining, and construction.

Furthermore, rise in vehicle ownership in emerging economies along with expanding highway networks, fleet modernization, and longer average vehicle lifespans are strengthening aftermarket demand, sustaining lubricant consumption well beyond OEM first-fill requirements. Additionally, higher vehicle density and better road connectivity drive greater annual mileage accumulation, increasing oil-change frequency and shortening replacement cycles, particularly across passenger vehicles, commercial fleets, and heavy-duty applications.
Similarly, fleet upgrades and the adoption of newer engine and powertrain technologies are accelerating the shift toward premium synthetics, advanced greases, and application-specific specialty fluids, enriching the product mix and raising value-per-liter. All the above factors reinforce automotive lubricant market growth by driving higher in-use volumes, more frequent replacements, and increased demand for technologically aligned, high-performance, and higher-margin lubricant formulations.
Moreover, market value grows disproportionately as new vehicles accelerate the shift toward premium synthetic and semi-synthetic lubricants that meet stringent global fuel-efficiency and emission standards (API, ACEA, ILSAC, JASO, and OEM-specific approvals), driving premiumization and higher revenue per liter even when sump sizes optimize; electrified powertrain growth (EVs, hybrids) adds new lubricant demand for thermal management fluids, e-axle and reduction-gear oils, battery-cooling liquids, and low-conductivity, high-durability greases, creating incremental and high-margin product segments.

Market Segment Insights

By Product Type: Engine Oil (Largest) vs. Gear Oil (Fastest-Growing)

Engine oil dominates the Automotive Lubricants Market, accounting for the largest share due to its essential role in reducing engine wear, minimizing friction, controlling deposits, and improving fuel efficiency. The large global vehicle parc and frequent oil change requirements strongly support its continued dominance. Meanwhile, gear oil is the fastest-growing segment, supported by rising demand from automatic and manual transmissions, differentials, and EV drivetrains. Growth in commercial vehicles, off-road vehicles, and electric mobility—where advanced transmission and e-axle systems require specialized fluids—is significantly driving gear oil adoption.

By Sales Channel: Aftermarket (Largest) vs. OEMs (Fastest-Growing)

In terms of sales channel, the aftermarket holds the largest share of the Automotive <a href="https://www.marketresearchfuture.com/reports/lubricants-market-5449">Lubricants</a> Market. Regular vehicle maintenance, frequent oil replacement cycles, and the vast number of vehicles already in operation drive consistent aftermarket demand. Independent workshops, service centers, and retail outlets remain key contributors. On the other hand, OEMs (Original Equipment Manufacturers) represent the fastest-growing segment. Increasing vehicle production, factory-fill agreements, and automaker recommendations for branded or specification-specific lubricants are boosting OEM channel growth. Additionally, the rising complexity of modern engines is strengthening OEM influence over lubricant selection.

By End User: Passenger Cars (Largest) vs. Two-Wheelers / Motorcycles (Fastest-Growing)

The end-user segment shows distinct demand patterns. Passenger cars account for the largest market share, driven by high global ownership rates, growing urbanization, and strong demand for personal mobility. Frequent servicing and oil changes further reinforce lubricant consumption in this segment. In contrast, two-wheelers and motorcycles are the fastest-growing segment, particularly in Asia-Pacific, Latin America, and Africa. Rising disposable incomes, traffic congestion, fuel efficiency advantages, and growing demand for affordable mobility are accelerating two-wheeler sales, thereby increasing demand for specialized motorcycle engine oils and transmission fluids.

By Base Oil: Mineral Oil (Largest) vs. Synthetic Oil (Fastest-Growing)

In the Automotive Lubricants Market, the base oil segment shows clear differentiation in adoption trends. Mineral oil holds the largest market share due to its cost-effectiveness, wide availability, and extensive use in conventional passenger vehicles and older vehicle fleets, particularly in emerging economies. It remains the preferred choice in price-sensitive markets and for standard engine performance requirements. In contrast, synthetic oil is the fastest-growing segment, driven by increasing demand for high-performance lubricants that offer superior thermal stability, longer drain intervals, better fuel efficiency, and enhanced engine protection. The rising penetration of modern engines, turbocharged vehicles, and electric vehicles (EVs) is accelerating the shift toward synthetic and semi-synthetic lubricants.

Get more detailed insights about Automotive Lubricants Market Research Report – Forecast till 2035

Regional Insights

North America: Mature Market with Stable Automotive Demand

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.

Automotive Lubricants Market Regional Insights

Europe: Balanced Market Driven by Stringent Emission & Performance Regulations

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: Largest & Fastest-Growing Region

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: Developing Market Supported by Expanding Vehicle Fleet

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.

Middle East & Africa: Emerging Market with Gradual Industrial & Automotive Growth

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 Players and Competitive Insights

The Global Automotive Lubricants Market is characterized by a broad and competitive landscape driven by increasing vehicle parc, stringent engine performance and emission norms, and rising demand for high‑quality lubricants across passenger cars, commercial vehicles, two‑wheelers, and off‑highway equipment. Automotive lubricants — including engine oils, transmission fluids, gear oils, greases, and specialty fluids — are critical for improving engine efficiency, reducing wear, enhancing fuel economy, and meeting OEM warranty requirements. Growth in global automotive production, fleet electrification transition requiring hybrid/ICE fluid solutions, and increased aftermarket maintenance is sustaining demand. Urbanization, rising disposable incomes in emerging markets, expansion of logistics and freight sectors, and technological advancements in engines (e.g., turbocharging, downsizing) further support product adoption. Shifts toward sustainability and extended drain intervals are influencing lubricant formulations, driving innovation in synthetic and low‑viscosity base stocks. The competitive landscape features major multinational energy and chemical companies such as Sinopec, Shell plc, ExxonMobil, BP plc, Chevron, TotalEnergies, and Valvoline, as well as regionally significant players like PetroChina, Gulf Oil Lubricants, Indian Oil Corporation (IOC), McLarens Lubricants Limited (MLL), and Ceylon Petroleum Corporation (CPC). These organizations combine global distribution networks, OEM approvals, proprietary formulation technologies, and integrated production systems to serve original equipment manufacturers (OEMs), fleet operators, and aftermarket channels. Leading players emphasize product differentiation through advanced synthetic and performance‑grade formulations, tailored viscosity grades, and specialty lubricant solutions for high‑efficiency engines and hybrid powertrains. Strategic initiatives include expansion of regional blending hubs, localized production facilities, and long‑term supply agreements with automotive OEMs to ensure product availability and responsiveness to local market needs. Regional players particularly in Asia‑Pacific, the Middle East, Africa, and Latin America compete on cost, proximity to customers, and flexible pricing structures. Their ability to customize product portfolios to local regulatory requirements and customer preferences enables them to capture significant share in cost‑sensitive segments and emerging economies. A key competitive dynamic is the transition toward sustainable lubricants with lower environmental impact, improved energy efficiency, and compatibility with future mobility technologies. Investments in R&D, waste reduction, and environmentally responsible base stocks are increasingly critical differentiators. Overall, the global automotive lubricants market remains stable but competitive, balancing commoditized demand with innovation in performance and sustainability. Companies that successfully integrate upstream access to base oils, comprehensive global supply chains, consistent quality control, and close collaboration with OEMs and aftermarket channels are best positioned to lead in this evolving sector.

Key Companies in the Automotive Lubricants Market include

Industry Developments

In 2024, TotalEnergies Lubrifiants and Ford Trucks signed a five-year international agreement to strengthen their strategic partnership in Europe, under which TotalEnergies developed the Rubia Optima 4300 XFE 5W-20 engine oil for EURO 6–compliant Ford Trucks Ecotorq engines.

In 2023, Hindustan Petroleum Corporation Limited (HPCL) and Chevron Brands International LLC entered into a long-term agreement for the licensing, production, distribution, and marketing of Chevron’s Caltex-branded lubricant products, including Havoline and Delo, in India.

In 2025, Valvoline Cummins Private Limited (Valvoline Cummins), a manufacturer and marketer of automotive lubricants, has entered into a strategic collaboration with Mahindra & Mahindra Ltd. (Mahindra), a leading Indian automaker known for its SUVs and utility vehicles.

Future Outlook

Automotive Lubricants Market Future Outlook

The Automotive Lubricants Market is projected to grow at a CAGR of around 5.7% from 2025 to 2035, driven by the increasing production and sales of vehicles worldwide drive the demand for lubricants; Regulatory-Led Lubricant Innovation & Advanced Formulations.

New opportunities lie in:

<p>Rising demand for high-performance and synthetic automotive lubricants, driven by stricter fuel-efficiency and emission regulations, as well as the growing adoption of advanced engine technologies. Low-viscosity oils, extended-drain lubricants, and fuel-economy-enhancing formulations are gaining strong traction across passenger and commercial vehicle segments. Rapid growth of electric vehicles (EVs) and hybrid vehicles, creating new demand for specialized lubricants and fluids used in e-transmissions, thermal management systems, bearings, and cooling applications. This shift is opening opportunities beyond traditional engine oils into next-generation mobility fluids. Increasing focus on sustainability and bio-based lubricants, supported by environmental regulations and rising consumer awareness. Investment in biodegradable, low-toxicity, and carbon-neutral lubricant formulations is enabling manufacturers to reduce environmental impact while meeting regulatory compliance.</p>

By 2035, the Automotive Lubricants Market is expected to evolve into a critical pillar of the global automotive and mobility ecosystem, supporting fuel-efficient internal combustion engines, electric and hybrid vehicle platforms, advanced powertrain systems, and sustainable transportation infrastructure across major regions worldwide.

Market Segmentation

Automotive Lubricants Base Oil Outlook

Mineral Oil
Synthetic Oil
Semi-synthetic Oil
Bio-Based Oil

Automotive Lubricants End User Outlook

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Two-Wheelers Motorcycles
Battery Electric Vehicles
Others

Automotive Lubricants Product Type Outlook

Engine Oil
Gear Oil
Grease
Coolants / Antifreeze Fluids
Brake Fluids
Others

Automotive Lubricants Sales Channel Outlook

OEMs
Aftermarket

Report Scope

Market Size 2024	73458.71 (USD Million)
Market Size 2025	76377.06 (USD Million)
Market Size 2035	132436.05 (USD Million)
Compound Annual Growth Rate (CAGR)	5.7 % (2025 - 2035)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2023
Market Forecast Units	USD Million
Key Companies Profiled	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
Segments Covered	By Base Oil, By Product Type, By Sales Channel, By End User
Key Market Opportunities	Growing emphasis on sustainable practices creates opportunities for bio-based and environmentally friendly lubricants; Aftermarket Digitalization & Connected Lubricant Services.
Key Market Dynamics	The increasing production and sales of vehicles worldwide drive the demand for lubricants; Regulatory-Led Lubricant Innovation & Advanced Formulations.
Countries Covered	North America, Europe, APAC, South America, MEA