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Last Updated: Apr 25, 2025 | Study Period:
Automotive Lubricant Market are crucial as they reduce friction between moving parts and the heat generated through that friction. Thus, increasing the average life of an engine.
The lubricants also help in improving the fuel efficiency of the vehicle and reduce the temperature by absorbing the heat generated. These factors have caused the increase in demand of automotive lubricants. This has driven the automotive lubricant industry to produce lubricants at immense rate.
The rise in Electric Vehicle around the globe has evidently led to slight decline in the engine oil market. To know more about EV fluids Market, read our report.
Lubricants required for an automobile are:
By Geography
By End Use
By Base Oil
By Rating
By Vehicle Type
Based on the type of lubricant used engine oil evidently holds the largest share in the market. Asia is the biggest automotive lubricant market in the automotive lubricant s. High population and highest number of two- wheelers are the major factors for this.
80% of market share is held by Aftermarket sales rather than that by OEM. It will continue to follow similar trend.
Based on the type of vehicle used, passenger cars drive the lubricant sales. Various factors responsible for this are high performance, fuel efficiency, need for reduced emissions from the engine, high resale value and increase the engine life.
Commercial vehiclesâ share edge past the 2 wheeler vehicle share in the global lubricant market. The below graphic shows the various automobilesâ share in lubricant market:
US` share in the lubrication market is second biggest after Asiaâs. Being one of the largest automobile markets in the world, US lubricant market is expected a steady growth in the coming years.
Passenger cars and Commercial vehiclesâ sales are helping the lubricant market growth in the US region. The extreme weather conditions in US have led to development of synthetic oil lubricants.
In Europe, Strict emission norms have lead to rapid rise in adoption of high performance engines. Thus, positively affecting the growth of lubricants. Synthetic and Semi-synthetic oils have been dominating lubricant market in Europe.
Asia is the key region in the lubricant market and holds the highest share of all the regions. China and India play crucial role in boosting the Asiaâs lubricant market. Number of two and three wheelers in China, India and other South-East Asian countries such as Indonesia, Vietnam and Thailand is the major factor influencing lubricant market.
Based on the material used, mineral oil lubricant holds the largest market around the world. Mineral oil lubricants are economical and easily available, making it the leading lubricant among all.
However, Synthetic and Semi-Synthetic oil lubricants are gaining prominence as they possess superior properties and perform at extreme weather conditions. Due to high price and high stress formed on engine after its extensive use have been holding people to use it.
Due to the COVID-19 the industrial sector in the country witnessed a negative impact in 2020. During the pandemic period and the government orders for a total lockdown the automobile production has been halted, and plants were temporarily shut down.
Overall vehicle sales declined severely compared to the previous year by ~24% in 2020. This was largely due to the tough operating environment and restricted activity in the first half of 2020 which showed subsequent signs of recovery in the latter half.
This, in turn, resulted in low demand for lubricants in 2020. The passenger car sales across the world ended at 53.6M units, a decline of 16% from 2019 which was 63.7M units.
Many companies showed tremendous ownership during the unprecedented lockdown post the outbreak of the pandemic. While most employees started working seamlessly from home, plant teams resumed operations strictly adhering to government health advisories and protocols, after a brief shutdown.
Supply chain colleagues ensured product delivery despite several constraints, including dealing with natural calamities, to fulfill customer demands. The companies consistently displayed a growth mindset and lived the philosophy of customer-first. They engaged deeply with existing customers virtually and gained new ones too.
The companies also supported their mechanics, truck drivers and other impacted communities around its plants.
Regular improvements in the oil quality and there has been a lot of investments in R&D sector to develop better quality synthetic and semi-synthetic oils would propel the lubricant market in the future.
Even though the BEVs and PHEVs hinder the growth of lubricants, there is an opportunity for lubricant market to find its foothold in EV lubricant market. Fluids made for BEVs and PHEVs must be electrically insulating. Since there are about 4x copper content in BEVs compared to ICE vehicle, the fluids used must be copper corrosion resistant.
The global automotive lubricant market is estimated at $XX Billion in 2021, growing at XX% CAGR till 2026.
PPC Lubricants, a significant lubricant distributor in the Mid-Atlantic region, has been acquired by RelaDyne, one of the nation's leading producers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial dependability services. In the lubricant, fuel, and reliability services industries, RelaDyne continues to be the Acquirer of Choice.
As we continue our expansion strategy on the East Coast, the acquisition of PPC Lubricants is transformative for RelaDyne. RelaDyne is always searching for like-minded business owners, entrepreneurs, and management teams to collaborate with.
PPC's business model is extremely diversified across end markets, products, brands, and consumers, ensuring long-term stability and growth. The past is nothing short of amazing.
PPC Lubricants hired tephens as their exclusive financial advisor. PPC's portfolio, which includes its position as a leading producer and distributor of Diesel Exhaust Fluid (DEF) and its full range of natural gas solutions, preventative service, maintenance plans, and supplemental products that keep customers moving, has an immediate impact on customers' bottom line.
RelaDyne is a leading provider of lubricants, fuels, diesel exhaust fluid (DEF), and reliability services for industrial, commercial, and automotive enterprises in the United States, with headquarters in Cincinnati, Ohio.
Steelbird International, a maker of automotive components, has introduced a new line of two-wheeler engine oils and lubricants. Engine oil, grease, and fork oil are among the lubricants available.
Steelbird Engine Oil is divided into numerous varieties, each of which is best suited for a specific type of two-wheeler. Steelbird Engine Oils are tailored for Indian circumstances with the correct blend of oil and additives to make every ride pleasurable and hassle-free, according to Steelbird, with rigorous conformity to globally acknowledged standards of lubricants.
All national and international standards were followed during the production process, and the items were thoroughly tested with a robust R&D back-up.
Key Players in the Global Automotive lubricant market are Royal Dutch Shell from Netherlands, Chevron Corporation and ExxonMobil from US, Total S.A. from France, Castrol from England, PetroChina Company from China, Petronas from Malaysia. Some of the companies in Indian market are HP Lubricants, Valvoline and Gulf Oil.
Castrol India reported a resilient financial performance for FY 2020 as it gained good momentum in the second half with the revival of demand where revenue improved by 54% at INR 1,818 crores while profit from operations was 122% higher at INR 501 crores versus 1H 2020.
In 2020, Valvolineâs quick lube rebounded from a Q2 and Q3, expanding its footprint overall, with 1,462 total company-owned and franchise stores, an increase of 77 versus the prior year. System-wide same-store sales grew 2.3% in the FY overall, marking the 14th consecutive year of growth.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type |
| 19 | Market Segmentation, Dynamics and Forecast by Application |
| 20 | Market Segmentation, Dynamics and Forecast by End use |
| 21 | Product installation rate by OEM, 2021 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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