Auto Lubricants Market

Auto lubricant is a substance introduced to reduce friction between moving surfaces. It may also have the function of transporting foreign particles. The property of reducing friction is known as lubricity (or slipperiness).

Auto lubricant as its name implies have to perform in different types of vehicles both petrol and diesel under a variety of operating conditions. Modern vehicles are fuel efficient and comfortable with high levels of performance. They are required to meet stringent emission norms. Quality requirement of such lubricants are established by the Society of Automotive Engineers (SAE) and are specified in its classification system.
Auto Lubricants Market contains market size and forecasts of Auto Lubricants in global, including the following market information:
Global Auto Lubricants Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Auto Lubricants Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Auto Lubricants companies in 2021 (%)
The global Auto Lubricants market was valued at 31150 million in 2021 and is projected to reach US$ 22410 million by 2028, at a CAGR of -4.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Gasoline Lubricants Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Auto Lubricants include Shell, ExxonMobil, BP, TOTAL, Chevron, FUCHS, Valvoline, Idemitsu Kosan and LUKOIL, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Auto Lubricants manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Auto Lubricants Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Auto Lubricants Market Segment Percentages, by Type, 2021 (%)
Gasoline Lubricants
Diesel fuel Lubricants
Global Auto Lubricants Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Auto Lubricants Market Segment Percentages, by Application, 2021 (%)
Keep moving parts apart
Reduce friction
Transfer heat
Carry away contaminants and debris
Transmit power
Protect against wear
Prevent corrosion
Seal for gases
Stop the risk of smoke and fire of objects
Global Auto Lubricants Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Auto Lubricants Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Auto Lubricants revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Auto Lubricants revenues share in global market, 2021 (%)
Key companies Auto Lubricants sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Auto Lubricants sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Shell
ExxonMobil
BP
TOTAL
Chevron
FUCHS
Valvoline
Idemitsu Kosan
LUKOIL
JX Group
SK Lubricants
ConocoPhillips
Hyundai Oilbank
Sinopec
CNPC
DongHao
LOPAL
Copton
LURODA
Jiangsu Gaoke