Automotive Lubricants Market to Grow from 23.23 Billion Liters in 2025 to 28.01 Billion Liters by 2030, Driven by Engine Oil Leadership and Asia-Pacific Demand

Automotive Lubricants Market Overview:

Global Automotive Lubricants Market is set to climb steadily from 23.23 billion liters in 2025 to 28.01 billion liters by 2030, reflecting a compound annual growth rate (CAGR) of 3.81%. The market's expansion is supported by mature vehicle fleets in developed regions, growing demand in emerging markets, and a shift toward higher-quality synthetic lubricants that contribute to better engine performance and longer intervals between oil changes. Asia‐Pacific stands out, currently responsible for more than 42% of the market volume and growing at a notably faster pace.

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Key Trends in Automotive Lubricants Market

Growing Market Share of Engine Oils

Among the various types of lubricants, engine oil remains dominant, commanding roughly 58.6% of revenue in 2024. This dominance is due to its essential role in engine protection, heat control, and frequent replacement needs.

Fastest Growth in Greases

While engine oil leads in volume, greases are projected to grow at the fastest CAGR-4.28%-through 2030. This reflects increasing use in specialized applications such as bearings, seals, and heavy-duty components, where lubrication needs are highly specific.

High Growth in Motorcycle Lubricants

By vehicle type, passenger vehicles led the market in 2024 with a 53.4% share, but motorcycles are expected to see the most rapid growth at 5.92% CAGR through 2030 . Rising motorcycle ownership, particularly in Asia and other developing regions, is a key driver.

Dominance and Momentum in Asia-Pacific

The Asia‐Pacific region accounted for 42.25% of global automotive lubricant volume in 2024 and is forecast to grow at a 4.16% CAGR through 2030. This strong performance stems from expanding vehicle fleets, rising vehicle ownership, and increased industrial activity across countries like China, India, and Southeast Asia.

For a more tailored understanding, view the localized Japanese edition alongside the global market breakdown: https://www.mordorintelligence.com/ja/industry-reports/automotive-lubricants-market

Market Segmentation: Automotive Lubricants Market

The Automotive Lubricants Market can be divided by both product type and vehicle type, with notable highlights:

By Product Type:

Engine Oils - Dominate the market with the largest share in 2024 (58.6%)
Greases - Fastest-growing segment (4.28% CAGR)
Other product categories (not explicitly detailed in the global report but commonly included):
Hydraulic Fluids
Transmission & Gear Oils

By Vehicle Type:

Passenger Vehicles - Largest segment (~53.4% share in 2024
Motorcycles - Projected to grow fastest (5.92% CAGR)
Commercial Vehicles - Significant consumption, particularly in regions with heavy transport activity (not directly quantified in the global summary but implicit in broader segmentation logic)

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Key Players in the Automotive Lubricants Market

While specific global top‐player rankings aren't detailed in the main global summary, the North American market is noted as "fairly consolidated", as is the U.S. segment, indicating that a handful of large companies dominate. In North America, BP (Castrol), Chevron, ExxonMobil, Royal Dutch Shell and Valvoline are among the leading firms . These names likely reflect the global competitive field as well, given their broad international footprint.

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Conclusion: Automotive Lubricants Market Summary

The Automotive Lubricants Market is expected to grow consistently, increasing from 23.23 billion liters in 2025 to 28.01 billion liters by 2030 at a 3.81% CAGR . Engine oils continue to drive volume, while greases gain speed, and motorcycles emerge as a dynamic vehicle segment. Asia-Pacific leads both in scale and growth momentum. The competitive arena is dominated by major global lubricant suppliers, particularly in North America, with implication of similar patterns worldwide. This growth points to evolving vehicle technology and ownership habits, and underscores the ongoing importance of strong lubrication solutions in automotive performance.

Explore Related Reports:

Food Grade Lubricants Market: The market is segmented by Product (Engine Oil, Transmission and Hydraulic Fluids, General Industrial Oils, Gear Oil, Greases, and Other Products), by End-user Industry (Construction, Mining, Agriculture, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa)

Get Full Details: https://www.mordorintelligence.com/industry-reports/food-grade-lubricants-market?utm_source=openpr

Commercial Vehicles Lubricants Market: The Global Commercial Vehicles Lubricants Market is segmented by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils ) and by Region ( Africa, Asia-Pacific, Europe, Middle East, North America, South America )

Get Full Details: https://www.mordorintelligence.com/industry-reports/global-commercial-vehicles-lubricants-market?utm_source=openpr

Heavy Equipment Lubricants Market: The market is segmented by Product (Engine Oil, Transmission and Hydraulic Fluids, General Industrial Oils, Gear Oil, Greases, and Other Products), by End-user Industry (Construction, Mining, Agriculture, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa)

Get Full Details: https://www.mordorintelligence.com/industry-reports/heavy-equipment-lubricants-market?utm_source=openpr

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This release was published on openPR.