Reports
Sale
North America Automotive Lubricants Market Size, Analysis: By Base Oil: Mineral Oil Lubricants, Synthetic Lubricants, Semi-synthetic Lubricants, Bio-based Lubricants; By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Others; By Application; Regional Analysis; Competitive Landscape; 2024-2032
North America Automotive Lubricants Market Outlook
The North America automotive lubricants market size reached approximately USD 22.56 billion in 2023. The market is projected to grow at a CAGR of 4.2% between 2024 and 2032, reaching a value of around USD 32.86 billion by 2032.
Key Trends in the Market
Automotive lubricants are essential fluids used in vehicles to reduce friction, heat, and wear between moving parts, ensuring smooth operation, longevity, and optimal performance of various mechanical components. These lubricants play a critical role in mitigating frictional forces within engines, transmissions, steering systems, and other vehicle parts, contributing to the overall efficiency and reliability of automobiles.
- The adoption of synthetic and semi-synthetic lubricants significantly supports the North America automotive lubricants market growth owing to their superior performance. There is a notable shift towards low-viscosity lubricants designed to meet stringent fuel efficiency standards. This trend aligns with automakers' efforts to improve fuel economy and enhance vehicle performance.
- The growing adoption of electric and hybrid vehicles affects the demand for lubricants. While these vehicles use fewer lubricants than traditional engines, they require specialised ones for components like bearings, gears, and electric motors. Manufacturers are creating tailored lubricants focusing on thermal management and wear protection for these alternative powertrain systems.
- Stringent environmental regulations drive the development of eco-friendly lubricants with reduced emissions, biodegradability, and enhanced recyclability. This trend is one of the key factors influencing the North America automotive lubricants market demand, emphasising the formulation of lubricants with fewer hazardous additives, supporting the sector’s commitment to sustainability and environmental responsibility.
North America Automotive Lubricants Market Segmentation
Based on base oil, the market can be segmented into mineral oil lubricants, synthetic lubricants, semi-synthetic lubricants, and bio-based lubricants. The market categorisation, based on vehicle type, includes passenger cars, light commercial vehicles, and heavy commercial vehicles, among others.
The market, based on applications, is divided into engine oil, gear and brake oil, transmission fluids, and greases, among others. The major regional markets for automotive lubricants in North America are the United States of America and Canada.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the North America automotive lubricants market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Shell PLC
- AMSOIL INC.
- BP plc
- Chevron Corporation
- CITGO Petroleum Corporation
- Exxon Mobil Corporation
- MOTUL S.A.
- Phillips 66 group of companies
- TotalEnergies SE
- Valvoline Inc.
- Others
Market Share by Type
According to the North America automotive lubricants market analysis, synthetic lubricants enjoy significant popularity in the region due to their exceptional qualities, which make them highly favoured by consumers, manufacturers, and market players.
Compared to traditional mineral-based oils, synthetic lubricants boast superior performance attributes. Their viscosity index is notably higher across a broad temperature spectrum, ensuring reliable lubrication and stability, even under extreme conditions. This reliability is a significant factor attracting users seeking consistent performance in diverse environments.
Additionally, synthetic lubricants tend to have a longer service life in comparison to conventional oils. Their exceptional resistance to thermal breakdown and oxidation allows for extended intervals between oil changes. This extended duration between maintenance cycles reduces the frequency of servicing, ultimately lowering costs for vehicle owners and fleet operators.
Market Share by Region
The United States of America is expected to occupy a major portion of the North America automotive lubricants market share during the forecast period. The market benefits from a robust network of automobile manufacturers, suppliers, and service providers. The country's large vehicle fleet size, including passenger cars, commercial vehicles, and trucks, generates substantial demand for lubricants. Additionally, the presence of major lubricant manufacturers, technological advancements, and a strong emphasis on research and development contribute to the nation's leadership position in this market.
Moreover, stringent environmental regulations and evolving consumer preferences toward eco-friendly and high-performance lubricants have driven innovation within the U.S. market, propelling it ahead in terms of product diversity and quality.
Competitive Landscape
Shell PLC is a globally recognised energy and petrochemical company with a diverse presence in the oil, gas, and chemicals sectors. It operates across multiple segments, including exploration, production, refining, and marketing of energy products. Shell is known for its extensive reach, offering a wide range of energy solutions and actively investing in sustainable energy alternatives.
AMSOIL INC. specialises in manufacturing high-quality synthetic lubricants and performance products for automotive, industrial, and commercial applications. Founded in 1972, the company is esteemed for its premium synthetic oils, transmission fluids, and filtration systems, catering to automotive enthusiasts, mechanics, and industrial operators.
BP plc is a major integrated energy company operating globally in the exploration, production, refining, and retailing of energy products. It boasts a significant presence in the oil and gas sector and is actively investing in renewable energy technologies to reduce emissions and support the transition to a lower-carbon future.
Other key players in the North America automotive lubricants market are Chevron Corporation, CITGO Petroleum Corporation, Exxon Mobil Corporation, MOTUL S.A., Phillips 66 group of companies, TotalEnergies SE, and Valvoline Inc., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Base Oil |
|
| Breakup by Vehicle Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Automotive Lubricants Market Overview
8.1 Key Industry Highlights
8.2 Global Automotive Lubricants Historical Market (2018-2023)
8.3 Global Automotive Lubricants Market Forecast (2024-2032)
8.4 Global Automotive Lubricants Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Automotive Lubricants Market Overview
9.1 Key Industry Highlights
9.2 North America Automotive Lubricants Historical Market (2018-2023)
9.3 North America Automotive Lubricants Market Forecast (2024-2032)
10 North America Automotive Lubricants Market by Base Oil
10.1 Mineral Oil Lubricants
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Synthetic Lubricants
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Semi-synthetic Lubricants
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Bio-based Lubricants
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 North America Automotive Lubricants Market by Vehicle Type
11.1 Passenger Cars
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Light Commercial Vehicles
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Heavy Commercial Vehicles
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 North America Automotive Lubricants Market by Application
12.1 Engine Oil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Gear and Brake Oil
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Transmission Fluids
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Greases
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 North America Automotive Lubricants Market by Country
13.1 United States of America
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Canada
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Shell PLC
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 AMSOIL INC.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 BP plc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Chevron Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 CITGO Petroleum Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Exxon Mobil Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 MOTUL S.A.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Phillips 66 group of companies
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 TotalEnergies SE
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Valvoline Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Lubricants Market: Key Industry Highlights, 2018 and 2032
2. North America Automotive Lubricants Market: Key Industry Highlights, 2018 and 2032
3. North America Automotive Lubricants Historical Market: Breakup by Base Oil (USD Billion), 2018-2023
4. North America Automotive Lubricants Market Forecast: Breakup by Base Oil (USD Billion), 2024-2032
5. North America Automotive Lubricants Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
6. North America Automotive Lubricants Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
7. North America Automotive Lubricants Historical Market: Breakup by Application (USD Billion), 2018-2023
8. North America Automotive Lubricants Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. North America Automotive Lubricants Historical Market: Breakup by Country (USD Billion), 2018-2023
10. North America Automotive Lubricants Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. North America Automotive Lubricants Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 22.56 billion.
The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 32.86 billion by 2032.
The market is driven by the increasing demand for low-viscosity lubricants and the rising adoption of electric and hybrid vehicles.
The growing implementation of stringent environmental regulations propelling the development of eco-friendly lubricants is expected to enhance the growth of the market.
The major regional markets are the United States and Canada.
The different vehicle types are passenger cars, light commercial vehicles, and heavy commercial vehicles, among others.
The key players in the market include Shell PLC, AMSOIL INC., BP plc, Chevron Corporation, CITGO Petroleum Corporation, Exxon Mobil Corporation, MOTUL S.A., Phillips 66 group of companies, TotalEnergies SE, and Valvoline Inc., among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER