Asia Pacific Automotive Lubricants Market Share
Asia-Pacific Automotive Lubricants Market Research Report Information By Vehicle Type (Commercial Vehicle, Motorcycles, and Passenger Vehicles), By Product Type (Engine Oils, Greases, Hydraulic Fluids, and Transmission & Gear Oils) –and Asia-Pacific Market Forecast Till 2034.

Market Summary
The Asia-Pacific Automotive Lubricants market is projected to grow significantly, reaching 77.5 USD billion by 2035.
Key Market Trends & Highlights
Asia Pacific Automotive Lubricants Key Trends and Highlights
- The market valuation is expected to increase from 31.6 USD billion in 2024 to 77.5 USD billion by 2035.
- A compound annual growth rate (CAGR) of 8.5 percent is anticipated for the period from 2025 to 2035.
- The growing demand for high-performance lubricants is driving market expansion across the region.
- Growing adoption of advanced engine technologies due to increasing vehicle production is a major market driver.
Market Size & Forecast
2024 Market Size | 31.6 (USD Billion) |
2035 Market Size | 77.5 (USD Billion) |
CAGR (2025-2035) | 8.5% |
Largest Regional Market Share in 2024 | latin_america) |
Major Players
BP PLC (Castrol), CHEVRON CORPORATION, China National Petroleum Corporation, China Petroleum & Chemical Corporation, ENEOS Corporation, ExxonMobil Corporation, GS Caltex, Idemitsu Kosan Co. Ltd, Indian Oil Corporation Limited, D. Motul, PT Pertamina, Royal Dutch Shell Plc, TotalEnergies
Market Trends
The growing need to protect automotive components and systems drives market growth.
The Asia-Pacific automotive lubricants market CAGR is expanding due to growing high-performance requirements in vehicles, fueling product adoption. Automotive lubricants play a major role in ensuring the efficient performance of customer and industrial automobiles in diversified and severe environmental conditions. Furthermore, key players in the Asia-Pacific automotive lubricants market employ diverse strategies to gain a competitive edge. These include product innovation, strategic partnerships, and market expansion initiatives. Leading companies leverage advanced technologies to develop high-performance lubricants, ensuring optimal engine efficiency. Collaborations with automotive manufacturers and distributors enhance market reach, while geographical expansion taps into emerging markets.
These dynamic strategies collectively drive growth, foster innovation, and solidify the market presence of key players in the rapidly evolving Asia-Pacific automotive lubricants sector.
Furthermore, the elements of automotive lubricants, such as durability and automobile security, surge their adoption in the market. They deliver protection against wear and tear of the elements and systems of a vehicle by significantly decreasing friction between the parts. Further, the industry's usage of smaller and more complicated automotive systems is continuously improving the necessity for low-viscosity and better-performing lubricating oils. This will help the innovation and development of high-quality lubricating oils in the coming years, driving the automotive lubricants market revenue.
Asia Pacific Automotive Lubricants Market Market Drivers
Market Segment Insights
Automotive Lubricants Vehicle Type Insights
The Asia-Pacific automotive lubricants market segmentation, based on vehicle type, includes commercial vehicles, motorcycles, and passenger vehicles. The passenger vehicle segment dominated the market due to the escalating demand for these lubricants for commercial vehicles. As passenger vehicle usage continues to surge, drivers in the region prioritize high-quality lubricants to enhance efficiency and minimize wear and tear, contributing to the robust growth of the automotive lubricants sector. However, commercial vehicles are the fastest-growing category as these specialized fluids ensure optimal engine function, reduce friction, and extend the lifespan of crucial components.
As drivers navigate diverse terrains, high-quality lubricants contribute to a smoother and more efficient driving experience across the region's automotive landscape.
Figure 1: Asia-Pacific Automotive Lubricants Market, by Vehicle Type, 2022 & 2032 (USD Billion)Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review
Automotive Lubricants Product Type Insights
The Asia-Pacific automotive lubricants market segmentation, based on product type, includes engine oils, greases, hydraulic fluids, and transmission & gear oils. Engine oils hold a major market share as these high-performance lubricants are available in various categories, including fully synthetic, part synthetic, and mineral oils. Engine oils exhibit many exceptional characteristics, such as high viscosity, heat resistance, wear protection, and strength. Thus, all these factors are contributing to the growth of engine oils. However, transmission & gear oils are the fastest-growing category owing to the region's robust automotive industry, growing vehicle ownership, and increasing demand for high-performance lubrication solutions.
Automotive Lubricants Country Insights
The rapid expansion of the advancing commercial, automotive lubricants has resulted in a boom in demand for automotive lubricants in the Asia-Pacific region in recent years. The industry is expanding due to the rising demand for passenger automobiles, commercial vehicles, and two-wheelers in emerging countries like India, China, and the ASEAN nations. The market for automobile lubricants is expanding due to the region's increased urbanization, rising disposable income, and expanding population. The region's implementation of strict emissions regulations is also fueling demand for high-performance lubricants.
The region's demand for automotive lubricants is anticipated to stay high due to the presence of significant automakers, including Toyota, Honda, and Hyundai. Moreover, the expanding automotive industry, rising vehicle ownership, and growing demand for high-performance lubricants. Increasing urbanization and industrialization, coupled with a surge in transportation activities, fuel the demand for efficient lubrication solutions, propelling market growth in the region.
Figure 2: ASIA-PACIFIC AUTOMOTIVE LUBRICANTS MARKET SHARE BY REGION 2022 (USD Billion)Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review
Get more detailed insights about Asia Pacific Automotive Lubricants Market Research Report - Forecast by 2034
Regional Insights
Key Players and Competitive Insights
Leading market participants are investing heavily in research and development to extend their product lines, which will allow the automotive lubricants market to grow even more. Market participants are also undertaking numerous strategic activities to extend their footprint, with significant market outcomes including new product expansions, contractual agreements, mergers and acquisitions, more elevated investments, and collaboration with other organizations. The automotive lubricants industry must offer cost-effective items to enhance and survive in a more competitive, expanding market climate.
Major participants in the automotive lubricants market are attempting to expand market needs by investing in research and development operations, including ExxonMobil Corporation, BP PLC (Castrol), China Petroleum & Chemical Corporation, China National Petroleum Corporation, and Royal Dutch Shell Plc.
Key Companies in the Asia Pacific Automotive Lubricants Market market include



Industry Developments
March 2021: Nissan Motors India and ExxonMobil signed a contract to supply lubricants for passenger car aftermarket. ExxonMobil will increase its lubricant output by offering a selection of engine oils suited for BS3, BS6, and BS4 models from OEMs.
Market Segmentation
Automotive Lubricants Regional Outlook
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Thailand
- Vietnam
- Malaysia
- Singapore
- Rest of Asia-Pacific
Automotive Lubricants Vehicle Type Outlook
- Commercial Vehicles
- Motorcycles
- Passenger Vehicles
Automotive Lubricants Product Type Outlook
- Engine Oils
- Greases
- Hydraulic Fluids
- Transmission & Gear Oils
Report Scope
Report Attribute/Metric | Details |
Market Size 2024 | USD 31.57 Billion |
Market Size 2025 | USD 34.26 Billion |
Market Size 2032 | USD 71.40 Billion |
Compound Annual Growth Rate (CAGR) | 8.50% (2025-2032) |
Base Year | 2024 |
Market Forecast Period | 2025-2032 |
Historical Data | 2020- 2024 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Market Competitive Landscape, Revenue Forecast, Growth Factors, and Trends |
Segments Covered | Vehicle Type, Product Type, and Region |
Region Covered | Asia-Pacific |
Countries Covered | China, Japan, India, Australia, South Korea, Thailand, Vietnam, Malaysia, Singapore, Indonesia and Rest of Asia Pacific |
Key Companies Profiled | BP PLC (Castrol), CHEVRON CORPORATION, China National Petroleum Corporation, China Petroleum & Chemical Corporation, ENEOS Corporation, ExxonMobil Corporation, GS Caltex, Idemitsu Kosan Co. Ltd, Indian Oil Corporation Limited, and D. Motul |
Key Market Opportunities | Rising demand for high-performance and lightweight automobiles in emerging economies |
Key Market Dynamics | Growing need to protect automotive components and systems Increasing automotive production coupled with a shift in trend from heavy vehicles to lightweight vehicles. |
Market Highlights
Author
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FAQs
How much is the automotive lubricants market?
The Asia-Pacific automotive lubricants market size was valued at USD 31.57 Billion in 2024.
What is the growth rate of the automotive lubricants market?
The market is anticipated to expand at a CAGR of 8.50% during the forecast period, 2025-2034.
Who are the key participants in the automotive lubricants market?
The key players in the market are BP PLC (Castrol), CHEVRON CORPORATION, China National Petroleum Corporation, China Petroleum & Chemical Corporation, ENEOS Corporation, ExxonMobil Corporation, GS Caltex, Idemitsu Kosan Co. Ltd, Indian Oil Corporation Limited, and D. Motul.
Which vehicle type led the automotive lubricants market?
The passenger vehicles category dominated the automotive lubricants market in 2024.
Which product type had the most extensive share in the automotive lubricants market?
The engine oils category had the largest share in the market.
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Breakdown of Primary Respondents
- Forecasting Model
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Market Size Estimation
- Bottom-Up Approach
- Top-Down Approach
- Data Triangulation
- Validation
- Overview
- Drivers
- Restraints
- Opportunities
- Value Chain Analysis
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Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
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Bargaining Power of Buyers
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Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
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COVID-19 Impact Analysis
- Market Impact Analysis
- Regional Impact
- Opportunity and Threat Analysis
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Threat of New Entrants
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AUTOMOTIVE LUBRICANTS MARKET, BY VEHICLE TYPE
- Overview
- Commercial Vehicle
- Motorcycles
- Passenger Vehicles
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ASIA-PACIFIC AUTOMOTIVE LUBRICANTS MARKET, BY PRODUCT TYPE
- Overview
- Engine Oils
- Greases
- Hydraulic Fluids
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Transmission & Gear Oils
- Overview
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Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Thailand
- Vietnam
- Malaysia
- Singapore
- Rest of Asia-Pacific
- Overview
- Competitive Analysis
- Market Share Analysis
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Major Growth Strategy in the Asia-Pacific Automotive Lubricants Market
- Competitive Benchmarking
- Leading Players in Terms of Number of Developments
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in the Asia-Pacific Automotive Lubricants Market
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Key developments and Growth Strategies
- New Product Launch/Service Deployment
- Merger & Acquisitions
- Joint Ventures
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Major Players Financial Matrix
- Sales & Operating Income, 2022
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Key developments and Growth Strategies
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Major Players R&D Expenditure. 2022
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BP PLC (Castrol)
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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CHEVRON CORPORATION
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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China National Petroleum Corporation
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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China Petroleum & Chemical Corporation
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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ENEOS Corporation
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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ExxonMobil Corporation
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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GS Caltex
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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Idemitsu Kosan CO. LTD
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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Indian Oil Corporation Limited
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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D. Motul
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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PT Pertamina
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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Royal Dutch Shell Plc
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
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TotalEnergies
- Company Overview
- Financial Overview
- Products Offered
- Key Developments
- SWOT Analysis
- Key Strategies
- References
- Related Reports
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BP PLC (Castrol)
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AUTOMOTIVE LUBRICANTS MARKET, BY VEHICLE TYPE, 2025 - 2034 (USD BILLION)
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LUBRICANTS MARKET, BY VEHICLE TYPE, 2025 - 2034 (USD BILLION) JAPAN: AUTOMOTIVE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025 - 2034 (USD BILLION)
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TYPE, 2025 - 2034 (USD BILLION) MARKET, BY VEHICLE TYPE, 2025 - 2034 (USD BILLION) AUTOMOTIVE LUBRICANTS MARKET, BY PRODUCT TYPE, 2025 - 2034 (USD BILLION)
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BY PRODUCT TYPE, 2025 - 2034 (USD BILLION)
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SHARE (%), BY VEHICLE TYPE, 2022 MARKET, SHARE (%), BY PRODUCT TYPE, 2022 LUBRICANTS MARKET, SHARE (%), BY REGION, 2022 LUBRICANTS MARKET: COMPANY SHARE ANALYSIS, 2022 (%) FINANCIAL OVERVIEW SNAPSHOT
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KOSAN CO. LTD: SWOT ANALYSIS FINANCIAL OVERVIEW SNAPSHOT SWOT ANALYSIS
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DUTCH SHELL PLC: FINANCIAL OVERVIEW SNAPSHOT PLC: SWOT ANALYSIS
Asia Pacific Automotive Lubricants Market Segmentation
Market Segmentation Overview
- Detailed segmentation data will be available in the full report
- Comprehensive analysis by multiple parameters
- Regional and country-level breakdowns
- Market size forecasts by segment

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