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自動車用潤滑油市場レポート:製品タイプ別、自動車タイプ別、地域別、2024~2032年

Automotive Lubricants Market Report by Product, Vehicle Type, and Region 2024-2032


出版日
発行
IMARC
ページ情報
英文 135 Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=143.57円
自動車用潤滑油市場レポート:製品タイプ別、自動車タイプ別、地域別、2024~2032年
出版日: 2024年08月10日
発行: IMARC
ページ情報: 英文 135 Pages
納期: 2~3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の自動車用潤滑油市場規模は2023年に786億米ドルに達しました。今後、IMARC Groupは、2024~2032年にかけて3.1%の成長率(CAGR)を示し、2032年には1,047億米ドルに達すると予測しています。市場は、自動車販売の増加、定期的な自動車メンテナンスの重要性に対する意識の高まり、環境持続可能性を維持するためにいくつかの国の政府機関が厳しい排出ガス・汚染基準を導入していることなどに牽引され、着実な成長を遂げています。

自動車用潤滑油市場分析

市場の成長と規模:市場は安定した成長を遂げており、その原動力となっているのは、環境に優しい潤滑油の開発が進んでいることと、自動車メンテナンスへの注目が高まっていることです。

技術の進歩:エンジン性能を高めるための摩擦低減処方やサービスインターバル延長製品など、潤滑油技術の革新が市場成長を促進しています。

産業用途:自動車用潤滑油は乗用車と商用車に広く使用されています。

地理的動向:自動車生産台数の増加により、アジア太平洋が市場をリードしています。しかし、北米は乗用車と商用車の製造拠点が確立されているため、急成長市場として浮上しています。

競合情勢:主要参入企業は、環境に優しい潤滑油、高性能処方、電気自動車(EV)向けに調整された潤滑油の開発のための研究開発(R&D)活動に投資しています。

課題と機会:市場は、排ガス規制の進化などの課題に直面する一方で、サステイナブル潤滑剤ソリューションの生産増加という機会にも遭遇しています。

将来の展望:環境にやさしい潤滑油への注目が高まっており、自動車用潤滑油市場の将来は有望です。また、厳しい環境規制が市場の成長を促進すると予想されます。

自動車用潤滑油市場の動向

自動車販売の増加

自動車販売台数の増加に伴う自動車用潤滑油の需要の高まりが、市場の成長を後押ししています。これに伴い、日常的な通勤手段として自動車を好む人が増えており、これが市場の成長を後押ししています。さらに、自動車の性能を向上させるためにエンジンオイルやトランスミッションフルードなどの潤滑油のニーズが高まっていることも、市場に明るい展望をもたらしています。これに加えて、多くの国の行政機関は、アクセシビリティを向上させ、自動車の利用を容易にするために、道路網や公共交通システムに投資しています。さらに、利便性向上による個人間での自動車導入の増加が、市場の成長を支えています。これとは別に、環境への二酸化炭素排出量を低減するためにハイブリッド車や電気自動車の市場開拓と販売が増加していることも、市場の成長を後押ししています。加えて、ビジネス目的で商用車を採用する企業が増えていることも、市場にプラスの影響を与えています。

定期的な車両メンテナンスの重要性に対する意識の高まり

定期的な車両メンテナンスの重要性に対する大衆の意識の高まりが、市場の成長に寄与しています。さらに、人々は自動車の寿命と性能を延ばすことに注力しています。さらに、効率的な潤滑はエンジン部品の摩擦や磨耗を減らすため、自動車メンテナンスの基本です。これとは別に、定期的なオイル交換と高品質の潤滑油の使用は、燃費効率と排ガス規制のために不可欠です。さらに、自動車メーカーは、高品質の潤滑剤を使用することの長期的なメリットについて、個人の意識を高めるキャンペーンを実施しており、これが市場の成長を強化しています。これに加えて、定期的なオイル交換、タイヤのローテーション、ブレーキの点検といった予防的メンテナンスは、些細な問題が大きく高額な修理になる前に特定し対処するのに役立つことが認識されつつあります。その結果、この積極的なアプローチによって、自動車の耐用年数を通じた全体的なメンテナンス費用を大幅に削減することができます。

有利な政府の取り組み

世界中の大衆の間で環境に対する関心が高まっているため、高品質の潤滑油に対する需要が高まっており、市場の成長を促しています。これとは別に、いくつかの国の政府機関は、環境の持続可能性を維持するために、厳しい排出基準や汚染基準を実施しており、これが市場の成長を後押ししています。さらに、主要企業は環境に優しい潤滑剤を開発するため、よりサステイナブル慣行を採用しています。さらに、環境に優しい潤滑剤は、有害な排出ガスを削減し、燃費を向上させ、自動車運転による環境への影響を最小限に抑えるように設計されています。これに伴い、バイオベースの潤滑油や毒性の低い合成潤滑油の採用が、市場の成長を後押ししています。これに加えて、政府当局は減税や補助金を通じて環境に優しい潤滑油の使用を奨励しています。このような環境に優しい潤滑ソリューションへのシフトは、規制への対応だけでなく、環境に配慮した製品に対する消費者の嗜好の高まりも背景にあります。さらに、技術の進歩により、よりクリーンで効率的なプロセスや製品の開発が可能になっています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界の自動車用潤滑油市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:製品別

  • エンジンオイル
  • ギアオイル
  • トランスミッションオイル
  • ブレーキフルード
  • 冷却剤
  • グリース
  • その他

第7章 市場内訳:車種別

  • 乗用車
  • 小型商用車
  • 大型商用車
  • その他

第8章 市場内訳:地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第9章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第10章 バリューチェーン分析

第11章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第12章 価格分析

第13章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Amsoil Inc.
    • BP plc
    • Chevron Corporation
    • China National Petroleum Corporation
    • Exxon Mobil Corporation
    • Fuchs Group
    • Petronas Lubricants International Sdn Bhd
    • Phillips 66 Company
    • Royal Dutch Shell plc
    • SK Lubricants Co. Ltd.
    • Total SE
    • Valvoline Inc.
図表

List of Figures

  • Figure 1: Global: Automotive Lubricants Market: Major Drivers and Challenges
  • Figure 2: Global: Automotive Lubricants Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Automotive Lubricants Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Automotive Lubricants Market: Breakup by Product (in %), 2023
  • Figure 5: Global: Automotive Lubricants Market: Breakup by Vehicle Type (in %), 2023
  • Figure 6: Global: Automotive Lubricants Market: Breakup by Region (in %), 2023
  • Figure 7: Global: Automotive Lubricants (Engine Oil) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 8: Global: Automotive Lubricants (Engine Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 9: Global: Automotive Lubricants (Gear Oil) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Automotive Lubricants (Gear Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Automotive Lubricants (Transmission Fluids) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Automotive Lubricants (Transmission Fluids) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Automotive Lubricants (Brake Fluids) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Automotive Lubricants (Brake Fluids) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Automotive Lubricants (Coolants) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Automotive Lubricants (Coolants) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Automotive Lubricants (Greases) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Automotive Lubricants (Greases) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Automotive Lubricants (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Automotive Lubricants (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Automotive Lubricants (Passenger Cars) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Automotive Lubricants (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Automotive Lubricants (Light Commercial Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Automotive Lubricants (Light Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Automotive Lubricants (Heavy Commercial Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Automotive Lubricants (Heavy Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Automotive Lubricants (Other Vehicle Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Automotive Lubricants (Other Vehicle Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: North America: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: North America: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: United States: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: United States: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Canada: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: Canada: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: Asia-Pacific: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: Asia-Pacific: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: China: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: China: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: Japan: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: Japan: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: India: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: India: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: South Korea: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: South Korea: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: Australia: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: Australia: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: Indonesia: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: Indonesia: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Others: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Others: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: Europe: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: Europe: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: Germany: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: Germany: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: France: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: France: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: United Kingdom: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: United Kingdom: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: Italy: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: Italy: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: Spain: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: Spain: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Russia: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Russia: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: Others: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: Others: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: Latin America: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: Latin America: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Brazil: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Brazil: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Mexico: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Mexico: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Others: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Others: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 75: Middle East and Africa: Automotive Lubricants Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 76: Middle East and Africa: Automotive Lubricants Market: Breakup by Country (in %), 2023
  • Figure 77: Middle East and Africa: Automotive Lubricants Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 78: Global: Automotive Lubricants Industry: SWOT Analysis
  • Figure 79: Global: Automotive Lubricants Industry: Value Chain Analysis
  • Figure 80: Global: Automotive Lubricants Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Automotive Lubricants Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Automotive Lubricants Market Forecast: Breakup by Product (in Million US$), 2024-2032
  • Table 3: Global: Automotive Lubricants Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
  • Table 4: Global: Automotive Lubricants Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 5: Global: Automotive Lubricants Market: Competitive Structure
  • Table 6: Global: Automotive Lubricants Market: Key Players
目次
Product Code: SR112024A4007

The global automotive lubricants market size reached US$ 78.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 104.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.1% during 2024-2032. The market is experiencing steady growth driven by the rising automobile sales, increasing awareness about the importance of regular vehicle maintenance, and governing agencies of several countries are implementing stringent emissions and pollution standards to maintain environmental sustainability.

Automotive Lubricants Market Analysis:

Market Growth and Size: The market is witnessing stable growth, driven by the rising development of eco-friendly lubricants, along with the increasing focus on vehicle maintenance.

Technological Advancements: Innovations in lubricant technology, including reduced friction formulations and extended service interval products, to enhance engine performance is facilitating the market growth.

Industry Applications: Automotive lubricants are widely used in passenger and commercial vehicles.

Geographical Trends: Asia Pacific leads the market on account of the rising production of automobiles. However, North America is emerging as a fast-growing market due to the presence of a well-established manufacturing base for passenger and commercial vehicles.

Competitive Landscape: Key players are investing in research and development (R&D) activities to develop eco-friendly lubricants, high-performance formulations, and lubricants tailored for electric vehicles (EVs).

Challenges and Opportunities: While the market faces challenges, such as evolving emission standards, it also encounters opportunities in the increasing production of sustainable lubricant solutions.

Future Outlook: The future of the automotive lubricants market looks promising, with the rising focus on eco-friendly lubricants. In addition, stringent environmental regulations are expected to propel the market growth.

Automotive Lubricants Market Trends:

Rising automobile sales

The escalating demand for automotive lubricants on account of the rising automobile sales is bolstering the growth of the market. In line with this, people are increasingly preferring vehicles for daily commutation purposes, which is impelling the market growth. Moreover, the growing need for lubricants, such as engine oils and transmission fluids, to enhance the performance of vehicles is offering a positive market outlook. Besides this, governing agencies of numerous countries are investing in road networks and public transportation systems to improve accessibility and facilitate vehicle use. Furthermore, the increasing adoption of vehicles among individuals due to their enhanced convenience is supporting the growth of the market. Apart from this, rising development and sales of hybrid and electric vehicles to lower carbon footprint in the environment is impelling the market growth. In addition, the growing adoption of commercial vehicles among companies for business purposes is positively influencing the market.

Growing awareness about the importance of regular vehicle maintenance

The increasing awareness among the masses about the importance of regular vehicle maintenance is contributing to the growth of the market. In addition, people are focusing on prolonging the lifespan and performance of their automobiles. Moreover, efficient lubrication is a fundamental aspect of vehicle maintenance, as it reduces friction and wear and tear on engine components. Apart from this, regular oil changes and the use of high-quality lubricants are essential for fuel efficiency and emission control. Furthermore, automotive manufacturers are organizing campaigns to generate awareness among individuals about the long-term benefits of using quality lubricants, which is strengthening the market growth. Besides this, people are recognizing that preventive maintenance, such as regular oil changes, tire rotations, and brake inspections, can help identify and address minor issues before they become major and costly repairs. As a result, this proactive approach can significantly reduce overall maintenance expenses over the lifespan of a vehicle.

Favorable government initiatives

The escalating demand for high-quality lubricants due to increasing environmental concerns among the masses across the globe is impelling the market growth. Apart from this, governing agencies of several countries are implementing stringent emissions and pollution standards to maintain environmental sustainability, which is propelling the market growth. In addition, key players are adopting more sustainable practices to develop eco-friendly lubricants. Furthermore, eco-friendly lubricants are designed to reduce harmful emissions, improve fuel efficiency, and minimize the environmental impact of automotive operations. In line with this, the introduction of bio-based lubricants and synthetic lubricants with lower toxicity is bolstering the marker growth. Besides this, governing authorities are incentivizing the use of eco-friendly lubricants through tax breaks and subsidies. This shift towards greener lubrication solutions is not only driven by regulatory compliance but also by rising consumer preferences for eco-conscious products. Additionally, technological advancements are making it possible to develop cleaner and more efficient processes and products.

Automotive Lubricants Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on product and vehicle type.

Breakup by Product:

Engine Oil

Gear Oil

Transmission Fluids

Brake Fluids

Coolants

Greases

Others

Engine oil accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the product. This includes engine oil, gear oil, transmission fluids, brake fluids, coolants, greases, and others. According to the report, engine oil represented the largest segment.

Engine oil is a critical lubricant used in internal combustion engines (ICE) vehicles to reduce friction, dissipate heat, and protect engine components. It ensures smooth engine operation, prolongs engine life, and improves fuel efficiency by preventing wear and tear. Regular oil changes are essential for maintaining engine performance and longevity.

Gear oil, also known as gearbox oil, is a specialized lubricant used in transmissions, differentials, and gearboxes to reduce friction and wear between gears and bearings. It ensures smooth gear shifting, protects components, and extends their lifespan. Gear oils have specific viscosity and additives and provide optimal performance.

Transmission fluids are essential for smooth and efficient gear shifting in both automatic and manual transmissions. They serve to facilitate gear shifting, reduce friction and heat, and protect transmission components. Proper transmission fluid maintenance is crucial for ensuring smooth and efficient operation and extending the lifespan of the transmission system.

Brake fluids are critical for transmitting hydraulic pressure in the braking system, ensuring effective stopping power. They transmit the force applied to the brake pedal to the brake calipers or wheel cylinders, causing the brakes to engage and slow down the vehicle.

Coolants, also known as antifreeze, are liquids used in the cooling system of a vehicle to regulate engine temperature. They absorb heat generated during engine operation, preventing overheating. Coolants also protect against freezing in cold weather. They circulate through the engine and radiator, ensuring optimal operating conditions and engine longevity.

Greases are semisolid lubricants composed of a base oil and a thickening agent. They provide lubrication and protection in various applications, including automotive, industrial, and machinery. Greases adhere to surfaces, reducing friction, preventing wear, and sealing out contaminants. They offer long-lasting lubrication in challenging conditions, ensuring smooth and efficient operation.

Breakup by Vehicle Type:

Passenger Cars

Light Commercial Vehicles

Heavy Commercial Vehicles

Others

Passenger cars hold the largest market share

A detailed breakup and analysis of the market based on the vehicle type have also been provided in the report. This includes passenger cars, light commercial vehicles, heavy commercial vehicles, and others. According to the report, passenger cars accounted for the largest market share.

Passenger cars, also known as automobiles, rely on lubricants for their smooth and efficient operation. Lubricants, such as engine oil and transmission fluid, play a crucial role in reducing friction between moving parts within the engine, transmission, and other critical components. They dissipate heat, prevent wear and tear, and ensure optimal performance, extending the lifespan of the vehicle. Regular maintenance, including oil changes, helps passenger cars maintain fuel efficiency and comply with emission standards. Lubricants also contribute to the reduction of harmful emissions by minimizing friction and enhancing overall engine efficiency, aligning with environmental and regulatory concerns in the automotive industry. Furthermore, the escalating demand for lubricants due to the increasing adoption of passenger cars among the masses across the globe is bolstering the market growth.

Light commercial vehicles (LCVs) encompass a range of vehicles, such as vans, pickup trucks, and small delivery vehicles, which are essential for business operations. These vehicles heavily rely on lubricants for their maintenance and performance. Lubricants, including engine oils, transmission fluids, and gear oils, ensure that LCVs operate smoothly and efficiently. They reduce friction, protect vital components, and dissipate heat, extending the lifespan of the vehicle and minimizing maintenance costs. Regular oil changes with high-quality lubricants are particularly crucial for LCVs to maintain reliability and fuel efficiency, allowing companies to meet their transportation needs while optimizing operational costs and reducing environmental impact.

Heavy commercial vehicles (HCVs) encompass trucks, buses, and heavy-duty machinery vital for various industries like logistics, construction, and mining. Lubricants are integral for the enhanced performance and longevity of these vehicles. Engine oils, gear oils, and transmission fluids are essential lubricants that reduce friction, protect components, and manage heat, ensuring these vehicles operate efficiently under extreme conditions. Regular maintenance with specialized lubricants is critical for HCVs to prevent breakdowns, minimize downtime, and lower operational costs. High-quality lubricants also contribute to fuel efficiency and emissions control, aligning with environmental regulations and sustainability goals while supporting robust transportation needs.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific leads the market, accounting for the largest automotive lubricants market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share due to the escalating demand for commercial vehicles in the manufacturing and industrial sectors. In line with this, the increasing development of eco-friendly lubricants to reduce carbon emissions in the environment is propelling the growth of the market. Moreover, the rising production of automobiles in the region is bolstering the market growth.

North America stands as another key region in the market, driven by the thriving automotive sector. Apart from this, the presence of a well-established manufacturing base for passenger and commercial vehicles is supporting the market growth. Furthermore, the increasing focus on vehicle maintenance and performance is impelling the growth of the market.

Europe maintains a strong presence in the market, with the rising focus on eco-friendly lubricants that align with stringent environmental standards. In line with this, the growing demand for high-quality lubricants is offering a positive market outlook. Furthermore, increasing environmental concerns among the masses is bolstering the growth of the market.

Latin America exhibits growing potential in the automotive lubricants market on account of the rising adoption of eco-friendly lubricants, such as low-viscosity engine oils and synthetic formulations. In addition, stringent environmental regulations are contributing to the growth of the market in the region.

The Middle East and Africa region show a developing market for automotive lubricants, primarily driven by the presence of key manufacturers in the industry. Besides this, the increasing utilization of automotive lubricants to enhance the performance of the vehicle is impelling the market growth.

Leading Key Players in the Automotive Lubricants Industry:

Key players are investing in research and development (R&D) activities to develop eco-friendly lubricants, high-performance formulations, and lubricants tailored for electric vehicles (EVs). In line with this, they are focusing on sustainability by producing lubricants with reduced environmental impact. This includes the use of bio-based ingredients, lower emissions, and recyclable packaging. Furthermore, companies are engaging in collaborations and partnerships with automotive manufacturers, dealerships, and aftermarket service providers to enhance brand visibility. Apart from this, major manufacturers are continuously ensuring that their products comply with environmental regulations and industry standards to avoid legal issues and maintain the trust of individuals. In addition, they are maintaining stringent quality control measures to ensure the consistency and performance of lubricant products.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Amsoil Inc.

BP plc

Chevron Corporation

China National Petroleum Corporation

Exxon Mobil Corporation

Fuchs Group

Petronas Lubricants International Sdn Bhd

Phillips 66 Company

Royal Dutch Shell plc

SK Lubricants Co. Ltd.

Total SE

Valvoline Inc.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

March, 2021: Exxon Mobil Corporation signed an agreement with Nissan Motor India to supply lubricants for the passenger vehicles (PV) aftermarket business. These engine oils are suitable for India BS-VI standards.

April 13, 2021: Valvoline Inc., a U.S.-based is a leading worldwide supplier of premium branded lubricants and automotive services, launched ValvolineTM High Mileage 150k with MaxLifeTM plus technology synthetic blend, the first engine oil specially designed to meet the unique needs of engines with over 150,000 miles.

October 25, 2023: Chevron Corporation and Hindustan Petroleum Corporation Limited (HPCL) launched the US energy giant lubricant brand Caltex in the Indian market. The long-term agreement with Chevron will allow HPCL to license, market, manufacture, and distribute Caltex-branded lubricants in the country.

Key Questions Answered in This Report

  • 1. What was the size of the global automotive lubricants market in 2023?
  • 2. What is the expected growth rate of the global automotive lubricants market during 2024-2032?
  • 3. What are the key factors driving the global automotive lubricants market?
  • 4. What has been the impact of COVID-19 on the global automotive lubricants market?
  • 5. What is the breakup of the global automotive lubricants market based on the product?
  • 6. What is the breakup of the global automotive lubricants market based on the vehicle type?
  • 7. What are the key regions in the global automotive lubricants market?
  • 8. Who are the key players/companies in the global automotive lubricants market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Automotive Lubricants Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 Engine Oil
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Gear Oil
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Transmission Fluids
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Brake Fluids
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Coolants
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast
  • 6.6 Greases
    • 6.6.1 Market Trends
    • 6.6.2 Market Forecast
  • 6.7 Others
    • 6.7.1 Market Trends
    • 6.7.2 Market Forecast

7 Market Breakup by Vehicle Type

  • 7.1 Passenger Cars
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Light Commercial Vehicles
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Heavy Commercial Vehicles
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Region

  • 8.1 North America
    • 8.1.1 United States
      • 8.1.1.1 Market Trends
      • 8.1.1.2 Market Forecast
    • 8.1.2 Canada
      • 8.1.2.1 Market Trends
      • 8.1.2.2 Market Forecast
  • 8.2 Asia-Pacific
    • 8.2.1 China
      • 8.2.1.1 Market Trends
      • 8.2.1.2 Market Forecast
    • 8.2.2 Japan
      • 8.2.2.1 Market Trends
      • 8.2.2.2 Market Forecast
    • 8.2.3 India
      • 8.2.3.1 Market Trends
      • 8.2.3.2 Market Forecast
    • 8.2.4 South Korea
      • 8.2.4.1 Market Trends
      • 8.2.4.2 Market Forecast
    • 8.2.5 Australia
      • 8.2.5.1 Market Trends
      • 8.2.5.2 Market Forecast
    • 8.2.6 Indonesia
      • 8.2.6.1 Market Trends
      • 8.2.6.2 Market Forecast
    • 8.2.7 Others
      • 8.2.7.1 Market Trends
      • 8.2.7.2 Market Forecast
  • 8.3 Europe
    • 8.3.1 Germany
      • 8.3.1.1 Market Trends
      • 8.3.1.2 Market Forecast
    • 8.3.2 France
      • 8.3.2.1 Market Trends
      • 8.3.2.2 Market Forecast
    • 8.3.3 United Kingdom
      • 8.3.3.1 Market Trends
      • 8.3.3.2 Market Forecast
    • 8.3.4 Italy
      • 8.3.4.1 Market Trends
      • 8.3.4.2 Market Forecast
    • 8.3.5 Spain
      • 8.3.5.1 Market Trends
      • 8.3.5.2 Market Forecast
    • 8.3.6 Russia
      • 8.3.6.1 Market Trends
      • 8.3.6.2 Market Forecast
    • 8.3.7 Others
      • 8.3.7.1 Market Trends
      • 8.3.7.2 Market Forecast
  • 8.4 Latin America
    • 8.4.1 Brazil
      • 8.4.1.1 Market Trends
      • 8.4.1.2 Market Forecast
    • 8.4.2 Mexico
      • 8.4.2.1 Market Trends
      • 8.4.2.2 Market Forecast
    • 8.4.3 Others
      • 8.4.3.1 Market Trends
      • 8.4.3.2 Market Forecast
  • 8.5 Middle East and Africa
    • 8.5.1 Market Trends
    • 8.5.2 Market Breakup by Country
    • 8.5.3 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 Amsoil Inc.
      • 13.3.1.1 Company Overview
      • 13.3.1.2 Product Portfolio
    • 13.3.2 BP plc
      • 13.3.2.1 Company Overview
      • 13.3.2.2 Product Portfolio
      • 13.3.2.3 Financials
      • 13.3.2.4 SWOT Analysis
    • 13.3.3 Chevron Corporation
      • 13.3.3.1 Company Overview
      • 13.3.3.2 Product Portfolio
      • 13.3.3.3 Financials
      • 13.3.3.4 SWOT Analysis
    • 13.3.4 China National Petroleum Corporation
      • 13.3.4.1 Company Overview
      • 13.3.4.2 Product Portfolio
      • 13.3.4.3 SWOT Analysis
    • 13.3.5 Exxon Mobil Corporation
      • 13.3.5.1 Company Overview
      • 13.3.5.2 Product Portfolio
      • 13.3.5.3 Financials
      • 13.3.5.4 SWOT Analysis
    • 13.3.6 Fuchs Group
      • 13.3.6.1 Company Overview
      • 13.3.6.2 Product Portfolio
    • 13.3.7 Petronas Lubricants International Sdn Bhd
      • 13.3.7.1 Company Overview
      • 13.3.7.2 Product Portfolio
    • 13.3.8 Phillips 66 Company
      • 13.3.8.1 Company Overview
      • 13.3.8.2 Product Portfolio
      • 13.3.8.3 Financials
      • 13.3.8.4 SWOT Analysis
    • 13.3.9 Royal Dutch Shell plc
      • 13.3.9.1 Company Overview
      • 13.3.9.2 Product Portfolio
      • 13.3.9.3 Financials
    • 13.3.10 SK Lubricants Co. Ltd.
      • 13.3.10.1 Company Overview
      • 13.3.10.2 Product Portfolio
      • 13.3.10.3 Financials
      • 13.3.10.4 SWOT Analysis
    • 13.3.11 Total SE
      • 13.3.11.1 Company Overview
      • 13.3.11.2 Product Portfolio
      • 13.3.11.3 Financials
      • 13.3.11.4 SWOT Analysis
    • 13.3.12 Valvoline Inc.
      • 13.3.12.1 Company Overview
      • 13.3.12.2 Product Portfolio
      • 13.3.12.3 Financials
      • 13.3.12.4 SWOT Analysis