エンジンオイルの世界市場レポート：動向、予測、競合分析（～2031年）

世界のエンジンオイル市場の将来は、乗用車、小型商用車、大型商用車、二輪車市場に機会があり、有望視されています。世界のエンジンオイルの市場規模は、2025年～2031年のCAGRが2.6%で、2031年までに推定496億米ドルに達すると予想されます。この市場の主な促進要因は、新興国市場での自動車販売の増加、高燃費自動車への関心の高まり、高性能潤滑油の開発進展です。

• Lucintelの予測によると、グレード別では、安定性の向上、劣化の減少、デポジットの減少といった利点から、完全合成セグメントが予測期間中に最も高い成長を遂げる見込みです。
• 車両タイプ別では、大型商用車が予測期間中に最も高い成長が見込まれます。
• 地域別では、アジア太平洋が予測期間中に最も高い成長が見込まれます。

エンジンオイル市場の戦略的成長機会

エンジンオイル市場は、様々な用途においていくつかの戦略的成長機会を提示しています。これらの機会は、自動車産業のニーズの進化と技術の進歩を反映しています。

• 新興市場での拡大：インドや中国などの新興市場における自動車販売の拡大は、エンジンオイル企業にとって大きなチャンスとなります。流通網の拡大と現地生産により、この需要拡大を取り込むことができます。
• 合成油の革新：合成油の新しい配合を開発することは、高性能車や高級車に対応する機会を提供します。この分野でのイノベーションは、市場シェアの拡大とプレミアム価格の実現につながります。
• 電気自動車用潤滑油への注力：電気自動車の普及に伴い、特殊な潤滑油が必要とされています。電気自動車特有の要件に対応するエンジンオイルの開発は成長機会となります。
• 自動車メーカーとの提携：自動車メーカーと協力してOEM承認のエンジンオイルを開発することで、成長を促進することができます。このようなパートナーシップは、OEMセグメントにおける認知度の向上と市場浸透につながります。
• 研究開発への投資：研究開発に投資し、性能と環境面を改善した先進的なエンジンオイルを開発することは、競争上の優位性につながります。これには、厳しい排ガス基準を満たし、保護機能を強化したオイルの開発も含まれます。

このような戦略的成長機会は、技術革新、新興市場、新しい自動車技術に焦点を当てることで、エンジンオイル市場を再構築しています。これらの機会を活用する企業は、市場での存在感を高め、将来の成長を促進することができます。

エンジンオイル市場の促進要因・課題

エンジンオイル市場は、様々な技術的、経済的、規制的要因の影響を受けます。これらの市場促進要因・課題を理解することは、市場を効果的にナビゲートする上で極めて重要です。

エンジンオイル市場の促進要因は以下の通りです：

• 技術の進歩：エンジンオイルの配合や添加剤技術における革新が市場成長の原動力となっています。これらの進歩は、エンジン性能、燃費、寿命を向上させます。
• 自動車保有台数の増加：世界の自動車保有台数の増加がエンジンオイルの需要を押し上げています。メンテナンスが必要な車両が増えるにつれ、高品質のエンジンオイルの必要性が高まっています。
• 厳しい排ガス規制：自動車の排出ガス削減を目的とした規制が、先進的なエンジンオイルの開発を後押ししています。これらのオイルは、新しい環境基準を満たし、燃費を向上させるのに役立っています。
• アフターマーケット需要の拡大：エンジンオイルのアフターマーケット分野の拡大は、車両のメンテナンスと交換ニーズの増加によってもたらされています。この分野には、成長と技術革新の機会があります。
• オイルの品質に対する意識の高まり：高品質なエンジンオイルの利点に対する消費者の意識の高まりが需要を牽引しています。この意識は、オイルの性能と寿命の重視につながります。

エンジンオイル市場における課題は以下の通りです：

• 不安定な原材料価格：エンジンオイル生産に使用される原材料価格の変動は、収益性に影響を与える可能性があります。企業は、こうしたコスト変動を効果的に管理する必要があります。
• 規制遵守コスト：厳しい環境規制や性能規制を満たすためには、コンプライアンスコストが増加する可能性があります。これは、エンジンオイル・メーカーの価格設定と収益性に影響します。
• 代替品との競合：バイオベースオイルなどの代替潤滑油や代替技術の存在が課題となっています。企業は、競争力を維持するために製品を差別化する必要があります。
• 消費者の嗜好の変化：環境に優しく高性能なオイルに対する消費者の嗜好が変化しているため、継続的な技術革新が必要です。こうした変化に対応することは、従来のオイル・メーカーにとって難しい課題です。

エンジンオイル市場における主な促進要因・課題は、技術革新、コスト管理、規制遵守の必要性を強調しています。これらの要因に効果的に対処することが、この業界で持続的な成長と競合を達成するための鍵となります。

目次

第1章 エグゼクティブサマリー

第2章 世界のエンジンオイル市場：市場力学

• イントロダクション、背景、分類
• サプライチェーン
• 業界の促進要因と課題

第3章 市場動向と予測分析（2019年～2031年）

• マクロ経済動向（2019年～2024年）と予測（2025年～2031年）
• 世界のエンジンオイル市場の動向（2019年～2024年）と予測（2025年～2031年）
• エンジンオイルの世界市場：グレード別
  • ミネラル
  • 半合成
  • 完全合成
• エンジンオイルの世界市場：エンジンタイプ別
  • ガソリン
  • ディーゼル
• エンジンオイルの世界市場：車両タイプ別
  • 乗用車
  • 小型商用車
  • 大型商用車
  • 二輪車
• エンジンオイルの世界市場：販売チャネル別
  • OEM
  • アフターマーケット

第4章 市場動向と予測分析：地域別（2019年～2031年）

• 世界のエンジンオイル市場：地域別
• 北米のエンジンオイル市場
• 欧州のエンジンオイル市場
• アジア太平洋のエンジンオイル市場
• その他地域のエンジンオイル市場

第5章 競合分析

• 製品ポートフォリオ分析
• 運用統合
• ポーターのファイブフォース分析

第6章 成長機会と戦略分析

• 成長機会分析
  • 世界のエンジンオイル市場の成長機会：グレード別
  • 世界のエンジンオイル市場の成長機会：エンジンタイプ別
  • 世界のエンジンオイル市場の成長機会：車両タイプ別
  • 世界のエンジンオイル市場の成長機会：販売チャネル別
  • 世界のエンジンオイル市場の成長機会：地域別
• 世界のエンジンオイル市場の新たな動向
• 戦略分析
  • 新製品開発
  • 世界のエンジンオイル市場の生産能力拡大
  • 世界のエンジンオイル市場における合併、買収、合弁事業
  • 認証とライセンシング

第7章 主要企業プロファイル

• BP
• Saudi Arabian Oil
• Vip Oil Products
• Shell
• Ashland
• Adolf Wurth
• Jiangsu Lopal Tech.
• GS Caltex India
• Chevron Corporation
• Castrol Limited

The future of the global engine oil market looks promising with opportunities in the passenger car, light commercial vehicle, heavy commercial vehicle, and two wheeler markets. The global engine oil market is expected to reach an estimated $49.6 billion by 2031 with a CAGR of 2.6% from 2025 to 2031. The major drivers for this market are a rise in vehicle sales in developing nations, increasing interest in high-mileage automobiles, and growing development to create high-performance lubricants.

• Lucintel forecasts that, within the grade category, fully-synthetic segment is expected to witness the highest growth over the forecast period due to its advantages like improved stability, decreased deterioration, and decreased deposits.
• Within the vehicle type category, heavy commercial vehicle is expected to witness the highest growth over the forecast period.
• In terms of regions, APAC is expected to witness the highest growth over the forecast period.

Gain valuable insights for your business decisions with our comprehensive 150+ page report.

Emerging Trends in the Engine Oil Market

The engine oil market is shaped by several emerging trends that reflect technological advancements and changing consumer demands. These trends are pivotal in shaping the future of engine oils.

• Shift to Synthetic Oils: The increasing use of synthetic oils is driven by their superior performance and longer lifespan compared to conventional oils. They provide better engine protection and fuel efficiency, catering to modern high-performance engines.
• Eco-Friendly Formulations: There's a growing emphasis on eco-friendly engine oils that reduce environmental impact. These oils are formulated to meet stricter emission standards and improve the overall sustainability of automotive operations.
• Integration of Advanced Additives: New additive technologies are being developed to enhance engine performance and protect against wear, oxidation, and sludge formation. These additives improve the overall efficiency and longevity of engine oils.
• Increased Focus on Fuel Economy: Engine oils are being formulated to improve fuel efficiency, responding to rising fuel prices and environmental regulations. This trend aligns with global efforts to reduce carbon emissions and operational costs.
• Technological Innovations in Oil Testing: Advances in oil testing technologies are allowing for better monitoring and analysis of oil performance. This helps in optimizing oil formulations and ensuring that they meet evolving industry standards.

These trends are reshaping the engine oil market by driving innovation, enhancing environmental sustainability, and improving performance. As the industry adapts to these changes, it is poised to meet the evolving needs of modern automotive engines.

Recent Developments in the Engine Oil Market

Recent developments in the engine oil market highlight key advancements that are influencing industry dynamics. These developments reflect broader trends in technology, regulation, and consumer preferences.

• Adoption of Low-Viscosity Oils: The industry is shifting towards low-viscosity engine oils to improve fuel efficiency and reduce emissions. These oils offer better flow characteristics at low temperatures and improved protection at high temperatures.
• Enhanced API Standards: The introduction of new American Petroleum Institute (API) standards is driving improvements in engine oil formulations. These standards ensure better performance, protection, and compatibility with advanced engine technologies.
• Growth in Aftermarket Sales: The aftermarket segment for engine oils is expanding due to increased vehicle ownership and maintenance awareness. This growth is driven by a rising preference for premium and specialty engine oils.
• Development of High-Mileage Oils: Engine oils designed for high-mileage vehicles are gaining popularity. These oils are formulated to address issues such as oil consumption and engine wear, catering to the needs of older vehicles.
• Expansion of Regional Manufacturing: Companies are increasing their manufacturing capabilities in emerging markets to meet local demand. This includes setting up production facilities and distribution networks to cater to regional needs.

These developments are influencing the engine oil market by driving technological advancements, improving performance standards, and expanding market reach. The ongoing changes are shaping a more efficient and diverse engine oil industry.

Strategic Growth Opportunities for Engine Oil Market

The engine oil market presents several strategic growth opportunities across various applications. These opportunities reflect the evolving needs of the automotive industry and advancements in technology.

• Expansion in Emerging Markets: Growing automotive sales in emerging markets like India and China offer significant opportunities for engine oil companies. Expanding distribution networks and local production can capture this growing demand.
• Innovation in Synthetic Oils: Developing new formulations of synthetic oils provides an opportunity to cater to high-performance and luxury vehicles. Innovations in this segment can lead to increased market share and premium pricing.
• Focus on Electric Vehicle Lubricants: As electric vehicles become more prevalent, there is a need for specialized lubricants. Developing engine oils that cater to the unique requirements of electric vehicles presents a growth opportunity.
• Partnerships with Auto Manufacturers: Collaborating with automotive manufacturers to develop OEM-approved engine oils can drive growth. These partnerships can lead to increased visibility and market penetration in the original equipment segment.
• Investment in R&D: Investing in research and development to create advanced engine oils with improved performance and environmental benefits can lead to competitive advantages. This includes developing oils that meet stringent emission standards and offer enhanced protection.

These strategic growth opportunities are reshaping the engine oil market by focusing on innovation, emerging markets, and new vehicle technologies. Companies that leverage these opportunities can enhance their market presence and drive future growth.

Engine Oil Market Driver and Challenges

The engine oil market is influenced by various technological, economic, and regulatory factors. Understanding these drivers and challenges is crucial for navigating the market effectively.

The factors responsible for driving the engine oil market include:

• Technological Advancements: Innovations in engine oil formulations and additive technologies are driving market growth. These advancements improve engine performance, fuel efficiency, and longevity.
• Increasing Vehicle Ownership: Rising global vehicle ownership is boosting the demand for engine oils. As more vehicles require maintenance, the need for high-quality engine oils grows.
• Stringent Emission Regulations: Regulations aimed at reducing vehicle emissions are pushing the development of advanced engine oils. These oils help meet new environmental standards and improve fuel efficiency.
• Growing Aftermarket Demand: The expansion of the aftermarket segment for engine oils is driven by increased vehicle maintenance and replacement needs. This segment offers opportunities for growth and innovation.
• Rising Awareness of Oil Quality: Increased consumer awareness about the benefits of high-quality engine oils is driving demand. This awareness leads to greater emphasis on oil performance and longevity.

Challenges in the engine oil market are:

• Volatile Raw Material Prices: Fluctuations in the prices of raw materials used in engine oil production can impact profitability. Companies need to manage these cost variations effectively.
• Regulatory Compliance Costs: Meeting stringent environmental and performance regulations can lead to increased compliance costs. This affects pricing and profitability for engine oil manufacturers.
• Competition from Substitutes: The presence of alternative lubricants and technologies, such as bio-based oils, poses a challenge. Companies need to differentiate their products to stay competitive.
• Changing Consumer Preferences: Evolving consumer preferences towards eco-friendly and high-performance oils requires continuous innovation. Adapting to these changes can be challenging for traditional oil manufacturers.

The major drivers and challenges in the engine oil market highlight the need for innovation, cost management, and regulatory compliance. Addressing these factors effectively will be key to achieving sustained growth and competitiveness in the industry.

List of Engine Oil Companies

Companies in the market compete based on product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies, engine oil companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the engine oil companies profiled in this report include-

• BP
• Saudi Arabian Oil
• Vip Oil Products
• Shell
• Ashland
• Adolf Wurth
• Jiangsu Lopal Tech.
• GS Caltex India
• Chevron Corporation
• Castrol Limited

Engine Oil by Segment

The study includes a forecast for the global engine oil market by grade, engine type, vehicle type, sales channel, and region.

Engine Oil Market by Grade [Analysis by Value from 2019 to 2031]:

• Mineral
• Semi-Synthetic
• Fully-Synthetic

Engine Oil Market by Engine Type [Analysis by Value from 2019 to 2031]:

• Gasoline
• Diesel

Engine Oil Market by Vehicle Type [Analysis by Value from 2019 to 2031]:

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Two Wheelers

Engine Oil Market by Sales Channel [Analysis by Value from 2019 to 2031]:

• Original Equipment Manufacturers
• Aftermarket

Engine Oil Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Engine Oil Market

Major players in the market are expanding their operations and forming strategic partnerships to strengthen their positions. The below image highlights recent developments by major engine oil producers in key regions: the USA, China, India, Japan, and Germany.

• United States: Recent developments include the introduction of more fuel-efficient and eco-friendly engine oils. Manufacturers are focusing on improving oil performance to meet stringent emission regulations and enhance engine longevity.
• China: In China, there's a growing shift towards synthetic and high-performance engine oils driven by increasing automotive sales and environmental regulations. Companies are investing in R&D to cater to the demand for advanced lubricants.
• Germany: Germany is seeing advancements in high-tech engine oils that offer better fuel efficiency and engine protection. The emphasis is on meeting the Euro 7 emissions standards and improving the performance of both conventional and electric vehicles.
• India: In India, the market is expanding with a focus on affordable, high-quality engine oils to cater to the rising number of vehicles. There is also an increase in awareness about the benefits of regular oil changes for engine maintenance.
• Japan: Japan is experiencing a shift towards more eco-friendly engine oils as part of its broader environmental initiatives. Innovations in low-viscosity and high-performance oils are prevalent, aligning with the country's focus on sustainability.

Features of the Global Engine Oil Market

Market Size Estimates: Engine oil market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Engine oil market size by various segments, such as by grade, engine type, vehicle type, sales channel, and region in terms of value ($B).

Regional Analysis: Engine oil market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different grades, engine types, vehicle types, sales channels, and regions for the engine oil market.

Strategic Analysis: This includes M&A, new product development, and the competitive landscape of the engine oil market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers the following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the engine oil market by grade (mineral, semi-synthetic, and fully-synthetic), engine type (gasoline and diesel), vehicle type (passenger cars, light commercial vehicles, heavy commercial vehicles, and two wheelers), sales channel (original equipment manufacturers and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Engine Oil Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Engine Oil Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Engine Oil Market by Grade
  • 3.3.1: Mineral
  • 3.3.2: Semi-Synthetic
  • 3.3.3: Fully-Synthetic
• 3.4: Global Engine Oil Market by Engine Type
  • 3.4.1: Gasoline
  • 3.4.2: Diesel
• 3.5: Global Engine Oil Market by Vehicle Type
  • 3.5.1: Passenger Cars
  • 3.5.2: Light Commercial Vehicles
  • 3.5.3: Heavy Commercial Vehicles
  • 3.5.4: Two Wheelers
• 3.6: Global Engine Oil Market by Sales Channel
  • 3.6.1: Original Equipment Manufacturers
  • 3.6.2: Aftermarket

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Engine Oil Market by Region
• 4.2: North American Engine Oil Market
  • 4.2.1: North American Market by Grade: Mineral, Semi-Synthetic, and Fully-Synthetic
  • 4.2.2: North American Market by Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Two Wheelers
• 4.3: European Engine Oil Market
  • 4.3.1: European Market by Grade: Mineral, Semi-Synthetic, and Fully-Synthetic
  • 4.3.2: European Market by Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Two Wheelers
• 4.4: APAC Engine Oil Market
  • 4.4.1: APAC Market by Grade: Mineral, Semi-Synthetic, and Fully-Synthetic
  • 4.4.2: APAC Market by Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Two Wheelers
• 4.5: ROW Engine Oil Market
  • 4.5.1: ROW Market by Grade: Mineral, Semi-Synthetic, and Fully-Synthetic
  • 4.5.2: ROW Market by Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Two Wheelers

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Engine Oil Market by Grade
  • 6.1.2: Growth Opportunities for the Global Engine Oil Market by Engine Type
  • 6.1.3: Growth Opportunities for the Global Engine Oil Market by Vehicle Type
  • 6.1.4: Growth Opportunities for the Global Engine Oil Market by Sales Channel
  • 6.1.5: Growth Opportunities for the Global Engine Oil Market by Region
• 6.2: Emerging Trends in the Global Engine Oil Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Engine Oil Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Engine Oil Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: BP
• 7.2: Saudi Arabian Oil
• 7.3: Vip Oil Products
• 7.4: Shell
• 7.5: Ashland
• 7.6: Adolf Wurth
• 7.7: Jiangsu Lopal Tech.
• 7.8: GS Caltex India
• 7.9: Chevron Corporation
• 7.10: Castrol Limited