Press release
Automotive Lubricants Market 2023-2028: Industry Size, Share, Growth, Demand and Business Statistics
Automotive Lubricants Market
The global automotive lubricants market size reached US$ 75.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 93.8 Billion by 2028, exhibiting a growth rate (CAGR) of 3.5% during 2023-2028.
Automotive lubricants are essential formulations used to reduce the friction between moving parts in vehicles, facilitating smooth operations and longevity of engines and machinery. These specialized lubricants come in various types, such as engine oils, transmission fluids, brake fluids, and gear oils, each designed to perform under different temperature and pressure conditions. Engine oils, for example, not only lubricate to prevent wear and tear but also help in cooling engine components, removing impurities, and sealing gaps. The advantages of using quality automotive lubricants include improved fuel efficiency, enhanced engine protection, and extended vehicle lifespan. They are an integral part of vehicle maintenance, optimizing performance and reliability. With the automotive sector's evolution, lubricants have become more advanced, offering higher thermal stability, lower viscosity, and better compatibility with modern engine technologies and emission control standards.
Get a Sample Copy of this Report: https://www.imarcgroup.com/automotive-lubricants-market/requestsample
Market Trends:
The global automotive lubricants market is majorly driven by the growing automotive industry and the escalating demand for high-performance vehicles. Along with this, the escalating shift towards synthetic lubricants, offering superior protection and efficiency compared to conventional mineral-based oils, is positively influencing the market. In addition, stringent environmental regulations across the globe are encouraging manufacturers to innovate and develop eco-friendly lubricants with lower emissions. Thus, this is favoring the market. Moreover, the increasing number of vehicles in operation, coupled with the rising consumer focus on vehicle maintenance for optimal performance, are contributing to the market. The trend towards electric vehicles (EVs) is also encouraging the development of specialized lubricants catering to the unique needs of electric powertrains. Apart from this, the expansion of e-commerce is amplifying the availability and distribution of automotive lubricants, making it easier for consumers to access a wide range of products. Furthermore, the adoption of advanced manufacturing technologies and the introduction of innovative, high-quality lubricant products are creating a positive market outlook.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/automotive-lubricants-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• 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
Automotive Lubricants Market Segmentation:
Our report has categorized the market based on region, product and vehicle type.
Breakup by Product:
• Engine Oil
• Gear Oil
• Transmission Fluids
• Brake Fluids
• Coolants
• Greases
• Others
Breakup by Vehicle Type:
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe:- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Lubricants Market 2023-2028: Industry Size, Share, Growth, Demand and Business Statistics here
News-ID: 3291028 • Views: …
More Releases from IMARC Group
Retirement Planning Services Business Plan 2025: Market Overview and Investment …
IMARC Group's "Retirement Planning Services Business Plan and Project Report 2025: Industry Trends, Business Setup, Revenue Model, Investment Opportunities, Income, Expenses, and Profitability" delivers a complete framework for establishing and managing a profitable retirement planning services firm. This report provides detailed insights into market trends, investment opportunities, financial forecasts, and operational models. It serves as a vital tool for entrepreneurs, consultants, and investors aiming to evaluate business feasibility or enhance…
Indonesia Facility Management Market Overview & Statistics, Size, Share, Industr …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Facility Management Market Report by Facility Management Type (Inhouse Facility Management, Outsourced Facility Management), Offering Type (Hard FM, Soft FM), End User (Commercial, Institutional, Public/Infrastructure, Industrial, Others), and Region 2025-2033," the report presents a thorough review featuring the Indonesia facility management market share, growth, trends, and research of the industry.
Market Size & Future Growth Potential:
The Indonesia…
Singapore Logistics Market Statistics & Trends, Outlook, Size, Share, Industry A …
As indicated in the latest market research report published by IMARC Group, titled "Singapore Logistics Market Report by Model Type (2 PL, 3 PL, 4 PL), Transportation Mode (Roadways, Seaways, Railways, Airways), End Use (Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Construction, Automotive, Telecom, Oil and Gas, Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It…
Milk Processing Plant Setup in India 2025: Business Plan, Opportunities, Cost, a …
Overview: Expanding Opportunities in India's Dairy Processing Sector
India's dairy industry is witnessing unprecedented growth, driven by rising consumption of milk and milk-based products, increasing urbanization, and government initiatives supporting rural dairy development. Within this expanding sector, the establishment of a milk processing plant presents a promising business opportunity for entrepreneurs and investors. Milk processing is a crucial component of the dairy value chain, transforming raw milk into products such as…
More Releases for Lubricants
Indonesia Lubricant Market Expected to Surpass USD 4.36 Billion Mark by 2031 | M …
USA, New Jersey: Verified Market Research reports that the global IIndonesia Lubricant Market size was valued at USD 2.46 Billion in 2024 and is projected to reach USD 4.36 Billion by 2032, growing at a CAGR of 7.4% from 2025 to 2032. This steady growth is driven by increasing environmental regulations, rising awareness of pollution control, and expanding applications in industries such as manufacturing, energy, and healthcare.
Indonesia Lubricant Market -…
India Industrial Lubricants Market Drivers: Apar Industries, Valvoline Cummins, …
The India industrial lubricants market is poised for significant expansion, with its valuation anticipated to climb from an estimated USD 59.4 billion in 2025 to a remarkable USD 86.8 billion by 2035, exhibiting a Compound Annual Growth Rate (CAGR) of 3.8%. This impressive trajectory is fundamentally driven by increased domestic manufacturing, substantial infrastructure investment, and rising awareness of predictive maintenance practices across key industries such as steel, cement, textiles, and…
Biodegradable Lubricants Will Support Demand for Agricultural Lubricants
The material known as a lubricant is used to lessen friction or abrasion between two surfaces that are in touch with one another. It is accessible in solid, liquid, and gaseous states and aids in the removal of heat and the transition of power.
Semisolid versions of them can also be discovered. Grease is one of the most typical types of lubricants in a semisolid form. To boost productivity, lubricants are…
Commercial Vehicle Lubricant Market Top Key Players – Repsol, Castrol, ELF Ind …
Lubricants are essential for modern life. Thanks to the sophisticated oil and grease integration, car engines and transmissions run smoothly.
Lubricants are great fluids. Irrespective of weather conditions, engine oil must operate reliably in the temperature range of 40°C to 250°C or higher (piston ring upper temperature). It must also withstand pressures of 105 to 109 Pascals and contaminants such as metal particles and soot.
Lubricants perform the main functions of…
Commercial Vehicle Lubricant Market Top Key Players – Repsol, Castrol, ELF Ind …
Lubricants are essential in modern life. Car machines and gearboxes run smoothly through the integration of advanced oils and fats. Lubricants are remarkable liquids. Regardless of the weather conditions, the engine oil must operate reliably at temperatures of 40 ° C to above 250 ° C - the temperature near the upper piston ring. It also has to deal with presses between 105 and 109 Pascacakes as well as contaminants,…
Commercial Vehicle Lubricant Market Top Key Players – Repsol, Castrol, ELF Ind …
Lubricating oils are essential to modern life. Automotive engines and gearboxes run smoothly due to the sophisticated oil and grease integration. Lubricating oil is an amazing fluid. Regardless of weather conditions, engine oil should operate stably at temperatures in the range of 250 ° C and above (the temperature near the upper piston ring) at 40 ° C. It also deals with pressures between 105 and 109 Pascals, as well…
