openPR Logo
Press release

Automotive Lubricants Market Size, Share, Growth, Industry Overview, Price, Key Players, Trends and Forecast 2024-2032

01-03-2024 04:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Automotive Lubricants Market Size, Share, Growth, Industry

Automotive Lubricants Market Outlook

According to the latest findings from Expert Market Research (EMR), the global automotive lubricants market is anticipated to witness substantial growth, registering a robust CAGR of 2.0% between 2024 and 2032. The surge in demand for automotive lubricants is propelled by various factors, including the expanding automotive industry, technological advancements in lubricant formulations, and the increasing awareness regarding the significance of proper lubrication for enhanced vehicle performance and longevity.

Automotive lubricants play a pivotal role in minimizing friction, reducing wear and tear, and ensuring optimal functioning of vehicle components. The market growth is further fueled by the rising preference for high-performance and fuel-efficient vehicles, emphasizing the need for advanced lubricants that can meet the evolving requirements of modern engines.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/automotive-lubricants-market/requestsample

Diverse Applications and Technological Advancements

The automotive lubricants market is witnessing a paradigm shift with lubricant manufacturers focusing on developing innovative formulations to address specific needs across various vehicle types. Advanced lubricants are designed to meet the stringent requirements of modern engines, including those equipped with turbochargers, hybrid technologies, and electric powertrains.

The increasing complexity of vehicle designs has led to a surge in demand for specialized lubricants catering to different components such as engines, transmissions, brakes, and power steering systems. Lubricant manufacturers are investing in research and development to create products that enhance fuel efficiency, reduce emissions, and extend the overall lifespan of automotive systems.

Market Drivers

The escalating global demand for automobiles, coupled with the expanding fleet of vehicles, is a key driver for the automotive lubricants market. As emerging economies witness a surge in urbanization and disposable income, the automotive industry is experiencing unprecedented growth, thereby boosting the demand for lubricants.

Additionally, stringent regulatory standards and environmental concerns are influencing lubricant formulations, with a focus on developing eco-friendly and low-emission lubricants. This shift towards sustainable lubricants aligns with the global automotive industry's commitment to reducing its carbon footprint and promoting environmental responsibility.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/automotive-lubricants-market

Automotive Lubricants Market Segmentation

The automotive lubricants market can be segmented based on product type, application, and region.

Market Breakup by Product Type:

Engine Oil
Transmission Fluids
Brake Fluids
Power Steering Fluids
Others

Market Breakup by Application:

Passenger Vehicles
Commercial Vehicles
Two-Wheelers

Market Breakup by Region:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Key Players

The competitive landscape of the global automotive lubricants market is characterized by key players striving for market dominance through strategic initiatives. Some of the prominent companies profiled in the EMR report include:

AMSOIL Inc.
Bharat Petroleum Corporation Limited
BP International Limited
Chevron Corporation
China National Petroleum Corporation
ENEOS Corporation
Indian Oil Corporation Limited
Exxon Mobil Corporation
Others

Explore More Reports:

Automotive Airbag Inflator Manufacturers: https://www.expertmarketresearch.com/articles/top-automotive-airbag-inflator-manufacturers

Beer Market: https://www.expertmarketresearch.com/reports/beer-market

Bio-Process Technology Market: https://www.expertmarketresearch.com/reports/bio-process-technology-market

Eye Tracking Technology Market: https://www.expertmarketresearch.com/reports/eye-tracking-technology-market

Wearable Technology Market: https://www.expertmarketresearch.com/reports/wearable-technology-market

Barite Market: https://www.expertmarketresearch.com/reports/barite-market

E-Bike Market: https://www.expertmarketresearch.com/reports/e-bike-market

Parkinson's Disease Drugs Market: https://www.expertmarketresearch.com/reports/parkinsons-disease-drugs-market

Media Contact

Company Name: Claight Corporation
Contact Person: Ian Bell, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

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 Size, Share, Growth, Industry Overview, Price, Key Players, Trends and Forecast 2024-2032 here

News-ID: 3342898 • Views:

More Releases from Expert Market Research

AI in Mental Health Market to Reach USD 8.38B by 2035
AI in Mental Health Market to Reach USD 8.38B by 2035
How Is Artificial Intelligence Transforming Mental Healthcare? The Artificial Intelligence in Mental Health Market is rapidly emerging as a transformative force in global healthcare, addressing long-standing challenges such as access, affordability, stigma, and workforce shortages. With more than 970 million people worldwide affected by mental health conditions, the need for scalable, personalized, and data-driven mental health solutions has never been more urgent. The global artificial intelligence in mental health market was valued
Brazil Clinical Microbiology Market USD 390.12M | 5.8% CAGR
Brazil Clinical Microbiology Market USD 390.12M | 5.8% CAGR
Why is the Brazil Clinical Microbiology Market gaining strategic importance within Latin America's healthcare ecosystem? Brazil has one of the largest and most complex healthcare systems in the region, with a growing focus on early disease detection, antimicrobial resistance monitoring, and laboratory automation. Clinical microbiology plays a critical role in identifying infectious diseases, guiding targeted therapies, and supporting public health surveillance. The Brazil clinical microbiology market was valued at USD 390.12 Million
Battery Recycling Market Size, Trends and Forecast 2026-2035
Battery Recycling Market Size, Trends and Forecast 2026-2035
The battery recycling market is gaining steady traction as industries and governments focus more on resource efficiency, environmental compliance, and supply chain security for critical metals. With the rising use of lithium-ion, lead-acid, and nickel-based batteries across electric vehicles, consumer electronics, industrial equipment, and energy storage systems, recycling has moved from being a regulatory requirement to a strategic necessity. Battery recycling helps recover valuable materials like lithium, cobalt, nickel, and
Biometrics Technology Market Size, Trends & Forecast 2026-2035
Biometrics Technology Market Size, Trends & Forecast 2026-2035
The biometrics technology market is witnessing robust growth and is expected to continue expanding at a significant pace. Valued at approximately USD 27.78 billion in 2025, the market is projected to grow at a compound annual growth rate (CAGR) of 10.20% between 2026 and 2035. By 2035, the market is expected to reach USD 73.38 billion. This growth is driven by the increasing need for advanced security solutions, innovations in

All 5 Releases


More Releases for Automotive

Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030. Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%. Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident. In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business. Get Sample Copy of this Report for more Information
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of