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Pulished Date February, 2020
ID: 8922
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Automotive Lubricants Market Segmentation By Base Oil (Mineral Oil Lubricants, Synthetic Lubricants, Semi Synthetic Lubricants, Bio-Based Lubricants), By Application (Engine Oil, Gear and Brake Oil, Transmissions Fluids, Greases, Others), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Motorbikes) - Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2020-2025

Pulished: February, 2020
ID: 8922
Pages: 150

Market Overview:

The global automotive lubricants market was projected at USD 65.8 billion in 2018 and is predicted to register a CAGR of 4.6% during the foreseen time from 2020 to 2025. The automotive lubricants are the material use to scale back the friction between moving the surface of the machine, which results in the reduction in heat generation due to the friction.

Automotive lubricants are accustomed reduce friction between two surfaces of the parts of a vehicle and example of the futuristic technologies, which are capable of developing durable surfaces, improving overall order while fulfilling environmental norms. These lubricants also assist to manage the vehicle temperature by absorbing the heat cause by moving parts of the vehicle and transferring it to the cooler.

Recent Developments:

  • ExxonMobil Lubricants Pvt. Ltd. has introduced 'Mobil Super Moto Synthetic Technology 15W-50' engine oil which designs particularly for 4 stroke motorcycle engines
  • ExxonMobil has completed the purchase of PT Federal Karyatama (FKT), one of leading producers and marketers of motorcycle lubricants in Indonesia, from PT Mitra Pinasthika Mustika Tbk. and its affiliate
  • Chevron's Lubricants University, an educational website for continuation professional, has launched a new track, Fundamentals of Automotive Gear Lubrication, as part of its online courses portfolio.

Drivers and Restraints of Automotive Lubricants Market:

Drivers:

The automotive lubricants market is rising because of growing demand for engine oils, brake fluids, and transmission oils in both consumer and commercial vehicles. Rising sales of motorcycles also witnesses to further strengthen this growth over the foreseen phase. Shift in trend towards green derivatives is additionally expected to drive the market over the foreseen phase. Important factors driving the market studied are raising adoption of high-performance lubricants. On the opposite hand, extended drain intervals and the modest impact of electrical vehicles (EVs) are predicted to hinder the market’s growth. Automotive lubricants accounts for over 55% of the worldwide lubricants market and the demand for high-quality lube is predicted to make significant opportunities over the long-term foreseen phase.

Restraints:

The stringent environmental rules for CO2 emission has source the automakers to carry towards electronic vehicles (EVs), which put a restraint within the growth of the automotive lubricants over the anticipated period.

Market Segmentation:

By Application:

  • Engine Oil
  • Gear & Brake Oil
  • Transmission Fluids
  • Greases
  • Others

Engine oils are widely used to lubricate combustion engines and are usually composed of 75-90% base oils and over 10-25% additives. They are normally used for various applications, like decline in wear and tear, protection from corrosion, and smooth functioning of engine parts. They are used by creating a skinny film between the moving parts for enhancing the transfer of warmth and cut off tension during the contact of parts. Engine oil holds the most important market share in 2018 due to its properties, which helps the engine to extend its fuel efficiency, performance, and reduce harmful emissions.

By Base Oil:

  • Mineral Oil Lubricants
  • Synthetic Lubricants
  • Semisynthetic Lubricants
  • Bio-Based Lubricants

Notable growth has been seen within the market of bio-based lubes because of the harmful effects of automotive lubricants on the environment and pollution caused by diesel vehicles. Moreover, to satisfy government norms and regulations, many countries are likely to scale back the usage of gasoline and diesel cars within the future. However, leading manufacturers are that specialize in the assembly of eco-friendly automotive lubricants, which are less toxic, and have zero effect on human health and therefore the environment. 

By Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)
  • Motorbikes

Passenger cars held the most important market share in 2018 because of advantages like better mileage, individual safety, low cost, good resale value, basic and more reliable over various products of the segment.

Automotive Lubricants Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  5. Middle East and Africa

a. Middle East

b. Africa

North America regions are likely to possess slow growth within the automotive lubricants industry because of the strict government policies on the CO2 emission and automakers are stimulating towards the assembly of more electric vehicles.

Over the last few years, the European automotive lubricants market has been going through a transition period, which is predicted to vary within the forecast period. In Europe, Western Europe accounts for almost half of the entire demand for automotive lubricants. Country-wise Russia and Germany dominate the global automotive lubricants market in terms of demand, accounting a big share of regional demand followed by the United Kingdom, France, and other European countries. The Asia-Pacific region accounted for the leading part of the worldwide market share. Within the region, China is the largest lubricant market and is predicted to stay so within the coming years, regardless of the economy witnessing slow economic process. The government in various developing nations is replacing obsolete vehicles, growing interest for improved and high performance lubricants. India is that the second-largest regional business for these lubricants and the third-largest in the world. The global marketplace for automotive lubricants is predicted to be dominated by the Asia-Pacific area during the foreseen phase.

The initial cost of EVs being high is a big drawback for market in the Latin American area, rising interest for commercial vehicles and automotive lubricants for vehicle maintenance. This is fueling the expansion of automotive lubricants business in the regional market. The Middle East and Africa will create remunerative opportunities in foreseen phase.

Key Players of Market:

Some of the major players in the global automotive lubricants market include ExxonMobil Corporation (US), Chevron Corporation (US), Fuchs (US), ConocoPhillips Corporation (US), BP PLC (UK), LUKOIL (Russia), Idemitsu Kosan Co., Ltd (Japan), Royal Dutch Shell PLC (Netherlands), PT Pertamina (Persero) (Indonesia), Total (France), Ashland Inc. (US), LIQUI MOLY GmbH (Germany), Gulf Oil (India), American Synthol, Inc. (US), and ROCOL (UK)

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemiology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 By Application                           

                                5.1.1 Introduction           

                                5.1.2 Engine Oil

                                5.1.3 Gear and Break Oil               

                                5.1.4 Transmission Fluids             

                                5.1.5 Y-o-Y Growth Analysis        

                                5.1.6 Market Attractiveness Analysis      

                                5.1.7 Market Share Analysis       

                5.2 By End-Use                 

                                5.2.1 Introduction           

                                5.2.2 Passenger Cars      

                                5.2.3 Heavy Commercial Vehicles             

                                5.2.4 Light Commercial Vehivles

                                5.2.5 Y-o-Y Growth Analysis        

                                5.2.6 Market Attractiveness Analysis      

                                5.2.7 Market Share Analysis       

                5.3 By Source Oil                              

                                5.3.1 Introduction           

                                5.3.2 Synthetic and Semisynthetic Oil     

                                5.3.3 Mineral Oil              

                                5.3.4 Bio-based Lubrication         

                                5.3.5 Other Lubrication 

                                5.3.6 Y-o-Y Growth Analysis        

                                5.3.7 Market Attractiveness Analysis      

                                5.3.8 Market Share Analysis       

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Application

                                                6.1.3.3 By End-Use

                                                6.1.3.4 By Source Oil

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Application

                                                6.1.4.3 By End-Use

                                                6.1.4.4 By Source Oil

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Application

                                                6.1.5.3 By End-Use

                                                6.1.5.4 By Source Oil

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leader Analysis                                           

                8.1 Royal Dutch Shell Plc                               

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Valvoline                     

                8.3 Total S.A                      

                8.4 Exxon Mobil Corporation                      

                8.5 Indian Oil Corporation                            

                8.6 BP Plc                            

                8.7 PetroChina Company Limited BASF SE                            

                8.8 Chevron Corporation                             

                8.9 FUCHS Lubricants                     

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, Collaborations, and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of Classification and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Automotive Lubricants Market By Region, From 2020-2025 ( USD Billion )
  2. Global Automotive Lubricants Market By Application, From 2020-2025 ( USD Billion )
  3. Global Engine Oil Market By Region, From 2020-2025 ( USD Billion )
  4. Global Gear and break Oil Market By Region, From 2020-2025 ( USD Billion )
  5. Global Transmission Fluids Market By Region, From 2020-2025 ( USD Billion )
  6. Global Automotive Lubricants Market By End-use Vehicle, From 2020-2025 ( USD Billion )
  7. Global Passenger Cars Market By Region, From 2020-2025 ( USD Billion )
  8. Global Heavy Commercial Vehicles Market By Region, From 2020-2025 ( USD Billion )
  9. Global Light Commercial Vehicles Market By Region, From 2020-2025 ( USD Billion )
  10. Global Automotive Lubricants Market By Source Oil, From 2020-2025 ( USD Billion )
  11. Global Synthetic and Semisynthetic Oil Market By Region, From 2020-2025 ( USD Billion )
  12. Global Mineral Oil Market By Region, From 2020-2025 ( USD Billion )
  13. Global Bio-based Lubrication Market By Region, From 2020-2025 ( USD Billion )

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