Press release
Automotive Lubricants Market (2023-2030): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors | Panama Petrochem Ltd. R.W. Davis Oil Co. Savita Oil Technologies Ltd
Automotive lubricants market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031). Automotive lubricant is a specialized fluid that reduces friction and wear between moving parts in an automobile's engine and other mechanical components. The growth of the market is attributed to the rising number of passenger vehicles, the expansion of the EV lubricant market, and the increasing need and awareness of vehicle maintenance and repair. Further, the market trends are moving toward the adoption of bio-based lubricants and a shift toward synthetic lubricants.Get Free Sample link @ https://www.omrglobal.com/request-sample/automotive-lubricants-market
Global vehicle network has steadily grown in recent decades, particularly in emerging markets, owing to rising incomes and standards of living. As more vehicles are on the road, the demand for automotive lubricants for routine maintenance and repair has increased. For instance, as per IBEF India, the passenger car market was valued at $32.7 billion in 2021 and it is expected to reach a value of $54.8 billion by 2027 while registering a CAGR of over 9.0% from 2022-2027. In November 2023, the total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles was 2.2 million units. In (April-November) 2023-24, the total production of passenger vehicles, commercial vehicles, three-wheelers, two-wheelers, and quadricycles was 15.6 million units. Simultaneously, the automobile component industry turnover stood at $56.5 billion from April 2021 to March 2022. The industry had revenue growth of 23.0% as compared to 2018-19. The auto components industry is expected to grow to $200.0 billion by FY26.
full report of Automotive Lubricants Market available @ https://www.omrglobal.com/industry-reports/automotive-lubricants-market
• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Market Segmentation
Global Automotive Lubricants Market by Oil Type
o Synthetic Lubricants
o Semi-synthetic Lubricants
o Bio-Based Lubricants
o Conventional Lubricants
Global Automotive Lubricants Market by Vehicle
o Passenger Vehicles
o Commercial Vehicles
o Two-Wheeler
Global Automotive Lubricants Market by Product Type
o Engine Oil
o Gear and Brake Oil
o Transmission Fluids
o Greases
o Coolant
Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o Middle East and Africa
Company Profiles
o Accu-Lube Manufacturing GmbH.
o Castrol India Ltd.
o Chevron Corp.
o Idemitsu Kosan
o ENEOS Group
o Exxon Mobil Corp.
o Gulf Oil Lubricants Ltd
o Indian Oil Corporation Ltd
o Oscar Lubricants LLC
o Panama Petrochem Ltd.
o R.W. Davis Oil Co.
o Savita Oil Technologies Ltd
o SINOPEC Group
o TRInternational, Inc.
o Valvoline
The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in automotive lubricants market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-lubricants-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
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 (2023-2030): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors | Panama Petrochem Ltd. R.W. Davis Oil Co. Savita Oil Technologies Ltd here
News-ID: 3495754 • Views: …
More Releases from orion market research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become…

Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033.
Railway Management System Market Overview
The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,…

Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033.
Monocalcium Phosphate Market Overview
Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The…

Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033.
Automotive Lubricants Market Overview
The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by…
More Releases for Lubricants
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…
Commercial Vehicle Lubricants Market Top Key Players – Repsol, Castrol, ELF In …
Lubricants are essential in modern life. Car engines and gearboxes run smoothly through integration of sophisticated oils and greases. Lubricants are remarkable fluids. Irrespective of weather conditions, the engine oil has to operate reliably over temperatures ranging from -40 °C to above 250 °C – the temperature near the top piston ring. It also has to cope with pressures between 105 and 109 pascals, as well as contaminants including metal…