Automotive Engine Oil Market Size 2025-2029
The automotive engine oil market size is forecast to increase by USD 12.5 billion, at a CAGR of 4% between 2024 and 2029.
- The market is driven by the increasing number of vehicles in use worldwide, which necessitates a constant demand for high-performance engine oils. This trend is further fueled by advancements in engine oil technology, which offer improved fuel efficiency, engine protection, and extended engine life. However, the market faces challenges from fluctuating crude oil prices, which impact the cost of raw materials and, consequently, the price of engine oils. Manufacturers must navigate these price fluctuations while maintaining product competitiveness and ensuring quality.
- To capitalize on market opportunities, companies should focus on innovation, such as developing engine oils with advanced additives and improved performance characteristics. Additionally, strategic partnerships and collaborations can help mitigate the impact of raw material price volatility and expand market reach. Overall, the market presents significant growth potential, with a focus on sustainability, performance, and cost-effectiveness shaping the competitive landscape.
What will be the Size of the Automotive Engine Oil Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by advancements in technology and shifting consumer preferences. Performance testing standards, such as ACEA oil classification, play a crucial role in ensuring the quality and compatibility of high-performance lubricants. These standards encompass various aspects, including corrosion inhibitor packages, oil film strength, seal compatibility testing, and pour point depressants. Oil oxidation stability and oxidation resistance testing are essential for evaluating the longevity and effectiveness of hydrocarbon base stocks. Emission reduction technology and base oil composition are also critical factors, with many manufacturers turning to synthetic engine oils, such as polyalphaolefin (PAO) oil, for improved engine wear reduction and fuel economy.
The industry anticipates robust growth, with expectations of a 4% annual expansion in the coming years. For instance, a leading automaker reported a 15% increase in sales of high-performance lubricants due to their superior anti-wear additive technology and extended oil change intervals. Additionally, lubricant additive packages, including friction modifier additives, anti-foaming additives, and viscosity index improvers, contribute significantly to the market's dynamism. Extreme pressure additives and anti-wear additive technology ensure engine components operate smoothly under harsh conditions. Oil filter efficiency, detergent dispersant properties, thermal stability testing, and oil degradation analysis are other essential aspects of engine oil specification and API certification levels. As the market continues to unfold, the focus on developing advanced engine oils with improved performance and environmental sustainability will remain a key trend.
How is this Automotive Engine Oil Industry segmented?
The automotive engine oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
- Application
- Passenger vehicles
- Commercial vehicles
- Type
- Diesel
- Petrol
- Alternative fuels
- Distribution
- OEMs
- Aftermarket Retail
- Online Sales
- Viscosity Grades
- 0W-20
- 5W-30
- 10W-40
- Others
- Product Type
- Synthetic Oil
- Conventional Oil
- Semi-Synthetic Oil
- Geography
- North America
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Middle East and Africa
- APAC
- China
- India
- Japan
- South Korea
- South America
- Rest of World (ROW)
By Application Insights
The passenger vehicles segment is estimated to witness significant growth during the forecast period.
The market is experiencing significant growth due to the increasing number of passenger vehicles in use. This segment's expansion can be attributed to the high demand for synthetic and full synthetic engine oils in this application. Engine oil consumption in passenger vehicles depends on various factors, including engine type, cylinder displacement, and others. Typically, engine oil is changed during routine maintenance or annually. The replacement frequency varies based on factors such as distance traveled (approximately 6,200 to 9,400 miles) or time between service intervals, which may differ among Original Equipment Manufacturers (OEMs). Performance testing standards, such as ACEA oil classification, ensure the engine oil meets specific requirements for fuel economy, engine wear reduction, and other performance criteria.
High-performance lubricants, which include corrosion inhibitor packages, oil film strength, seal compatibility testing, pour point depressants, oil oxidation stability, oxidation resistance testing, hydrocarbon base stocks, and emission reduction technology, contribute to the engine oil's enhanced capabilities. The base oil composition, viscosity index improvers, extreme pressure additives, polyalphaolefin (PAO) oil, lubricant additive package, friction modifier additives, oil filter efficiency, detergent dispersant properties, fuel economy improvement, engine oil specification, API certification levels, anti-foaming additives, low-temperature pumpability, high-temperature viscosity, oil degradation analysis, ester-based engine oils, and synthetic engine oil are essential components of the engine oil formulation. Industry experts predict a 6% annual growth rate for the market over the next few years. For instance, the implementation of advanced engine technologies in passenger vehicles is expected to boost the demand for high-performance engine oils.
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The Passenger vehicles segment was valued at USD 38.00 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 49% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market experiences significant growth in the Asia-Pacific (APAC) region due to its status as the world's largest automotive market and the increasing consumer preference for synthetic oils. APAC, home to rapidly developing economies like China and India, boasts a large population and a thriving automotive industry. The region's economic growth, infrastructure development, and increasing employment opportunities fuel the demand for automobiles, leading to a corresponding surge in engine oil consumption. Factors such as the growing importance of emission reduction technology and the adoption of advanced lubricant additive packages contribute to the market's evolution. High-performance lubricants, including those with enhanced corrosion inhibitor packages, oil film strength, and seal compatibility, cater to the needs of modern engines.
Additionally, the integration of extreme pressure additives, viscosity index improvers, and anti-wear additive technology ensures engine wear reduction and improved fuel economy. The market also prioritizes thermal stability testing, oxidation resistance, and oil degradation analysis to maintain engine efficiency and longevity. Hydrocarbon base stocks and synthetic oils, such as polyalphaolefin (PAO) and ester-based engine oils, are increasingly used to meet the stringent performance testing standards set by organizations like ACEA and API. The market is expected to grow at a steady pace, with industry experts projecting a 5% increase in demand over the next few years. A specific example of this trend can be seen in China, where the adoption of synthetic engine oils has increased by 20% in the past five years, driven by consumer awareness and government regulations promoting cleaner, more efficient engines. The market's future lies in the continuous development of advanced lubricant technologies to meet the evolving needs of the automotive industry.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The automotive engine oil market continues to evolve with innovations focused on improving efficiency, durability, and compliance. Understanding the engine oil viscosity temperature relationship and the relationship between oil viscosity and fuel consumption is essential for optimizing engine performance. Advanced low SAPS engine oil formulation and effect of additives on oil oxidation play a key role in emission control and longevity. Parameters such as measurement of engine oil film thickness, analysis of engine oil composition by GC-MS, and analysis of engine oil wear debris provide critical insights into oil behavior. Assessments like engine oil thermal stability, evaluation of engine oil additive compatibility, and performance evaluation of engine oil additives support product development. The effect of oil change intervals on engine life, correlation between viscosity and fuel economy, and testing methods for engine oil performance are vital for efficiency. Additionally, the influence of base oil on engine wear, determination of engine oil oxidation stability, and evaluation of engine oil additive effectiveness ensure sustained engine health.
What are the key market drivers leading to the rise in the adoption of Automotive Engine Oil Industry?
- The increasing prevalence of vehicles in operation serves as the primary catalyst for market growth.
- The market is experiencing significant growth due to several key factors. One primary driver is the increasing global vehicle population, which reached an all-time high in 2024. China, in particular, emerged as the largest and most robust single-country auto market. Another factor contributing to the market's expansion is the prolonged life span of modern vehicles. With more robust construction and durable engines, these vehicles undergo regular maintenance, increasing the demand for engine oil. For instance, a recent study revealed that modern vehicles undergo maintenance every 10,000 miles, compared to the traditional vehicles' 30,000 miles.
- This trend is expected to continue, leading to a steady increase in the demand for automotive engine oil. According to industry reports, The market is projected to grow by over 3% annually in the coming years.
What are the market trends shaping the Automotive Engine Oil Industry?
- Advances in engine oil technology are currently shaping market trends. Engine oil technology's continuous evolution is a significant market development.
- The market is experiencing significant growth due to the increasing adoption of advanced technologies in engine oil production. The integration of superior antioxidants, surfactants, high-pressure agents, and corrosion inhibitors is driving the development of superior engine oils for automotive applications. This trend is expected to continue, leading to a robust expansion of the market in the coming years. companies in the market are investing heavily in research and development to enhance the efficiency of engine oil, ensuring optimal engine performance and longevity.
- The use of advanced bonding technology, which involves the formulation of high-pressure lubricants through the chemical treatment of hydrocarbons, is gaining popularity due to its ability to improve engine performance and reduce wear and tear. With ongoing advancements in engine oil technology, the market is poised for a surge in growth.
What challenges does the Automotive Engine Oil Industry face during its growth?
- The volatility of crude oil prices poses a significant challenge to the growth of the industry.
- The market is influenced by the price fluctuations of crude oil and its derivatives, as engine oil is primarily derived from petroleum hydrocarbons. In 2022, the global crude oil market experienced volatile price movements, with quarterly averages varying significantly. For instance, the average monthly crude oil price reached USD83 per barrel in January but surged to USD112 in March. These price swings can have a direct impact on the market, potentially leading to increased costs for consumers and manufacturers.
- According to industry analysts, the market is expected to grow by over 5% annually in the coming years, driven by factors such as increasing vehicle sales and growing awareness of engine maintenance.
Exclusive Customer Landscape
The automotive engine oil market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the automotive engine oil market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, automotive engine oil market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
ExxonMobil Corporation (United States) - This company specializes in providing a range of advanced engine oils, including synthetic petrol and European motor oils, catering to diverse automotive needs. Their offerings prioritize performance, durability, and environmental sustainability.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- ExxonMobil Corporation (United States)
- Shell plc (United Kingdom)
- BP plc (United Kingdom)
- Chevron Corporation (United States)
- TotalEnergies SE (France)
- Castrol (United Kingdom)
- Valvoline Inc. (United States)
- Idemitsu Kosan Co., Ltd. (Japan)
- Fuchs Petrolub SE (Germany)
- Petronas Lubricants International (Malaysia)
- Lukoil (Russia)
- Sinopec Lubricant Company (China)
- Motul (France)
- Amsoil Inc. (United States)
- Liqui Moly GmbH (Germany)
- Gulf Oil International (United Kingdom)
- Indian Oil Corporation Ltd. (India)
- ENEOS Corporation (Japan)
- Pennzoil (United States)
- Repsol S.A. (Spain)
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Automotive Engine Oil Market
- In January 2024, Shell announced the launch of its new synthetic engine oil, Shell Helix Ultra with PurePlus Technology, in the European market. This innovative product, made from 100% naturally gas-to-liquids base oil, offers superior engine protection and reduced emissions (Shell press release).
- In March 2024, ExxonMobil and General Motors (GM) signed a strategic collaboration agreement to develop and commercialize low-carbon engine oils. The partnership aims to reduce greenhouse gas emissions from transportation by optimizing engine oil formulations for improved fuel economy and reduced greenhouse gas emissions (ExxonMobil press release).
- In May 2024, TotalEnergies completed the acquisition of Sasol's synthetic lubricants business, including its manufacturing facilities in South Africa and the United States. This acquisition strengthened TotalEnergies' position in the synthetic lubricants market and expanded its production capacity (TotalEnergies press release).
- In April 2025, the European Union (EU) approved the European Green Deal's proposed regulation on the sustainability of motor fuels and biofuels. The regulation, which includes engine oils, sets new sustainability criteria, and incentives for the use of renewable and recycled feedstocks (EU press release).
Research Analyst Overview
- The market for automotive engine oils continues to evolve, driven by advancements in technology and shifting consumer preferences. Oil formulations are constantly being refined to meet the demands of various sectors, including passenger cars, commercial vehicles, and industrial applications. For instance, the oil thickening mechanism and viscosity index are crucial factors in engine oil performance, as they impact lubrication film thickness and friction coefficient measurement. Moreover, the industry's focus on reducing phosphorus and sulfur content in engine oils has led to innovations in additive interaction effects, wear particle analysis, and additive compatibility studies. These advancements aim to improve oil shear stability, tribological properties, and engine sludge formation, ultimately contributing to better engine performance and longer service life.
- According to recent industry reports, the global automotive engine oils market is expected to grow by over 5% annually, driven by increasing vehicle production and sales, as well as the rising demand for fuel-efficient and environmentally friendly engine oils. This growth underscores the continuous dynamism of the market and the ongoing unfolding of market activities and evolving patterns. For example, a leading automotive manufacturer reported a 10% increase in sales of low-viscosity engine oils due to their improved fuel efficiency and reduced emissions. This trend is expected to continue, as consumers and regulators prioritize sustainability and performance in their purchasing decisions.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Automotive Engine Oil Market insights. See full methodology.
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Market Scope
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Report Coverage
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Details
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Page number
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206
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Base year
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2024
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Historic period
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2019-2023 |
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Forecast period
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2025-2029
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Growth momentum & CAGR
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Accelerate at a CAGR of 4%
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Market growth 2025-2029
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USD 12.5 billion
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Market structure
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Fragmented
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YoY growth 2024-2025(%)
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3.8
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Key countries
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US, China, Germany, Canada, India, South Korea, France, Japan, Italy, Brazil, UAE, UK, Spain, and Mexico
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Competitive landscape
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Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
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What are the Key Data Covered in this Automotive Engine Oil Market Research and Growth Report?
- CAGR of the Automotive Engine Oil industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2025 and 2029
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across APAC, Europe, North America, South America, and Middle East and Africa
- Thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the automotive engine oil market growth of industry companies
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1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ billion)
- Data Table on Global - Market size and forecast 2024-2029 ($ billion)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global Automotive Engine Oil Market 2019 - 2023
- Historic Market Size - Data Table on Global Automotive Engine Oil Market 2019 - 2023 ($ billion)
- 5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ billion)
- 5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ billion)
- 5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
- 5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
- 6.1 The AI impact on Global Automotive Engine Oil Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application
- 8.1 Market segments
- Chart on Application - Market share (2024-2029) (%)
- Data Table on Application - Market share (2024-2029) (%)
- 8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 8.3 Passenger vehicles - Market size and forecast (2024-2029)
- Chart on Passenger vehicles - Market size and forecast (2024-2029) ($ billion)
- Data Table on Passenger vehicles - Market size and forecast (2024-2029) ($ billion)
- Chart on Passenger vehicles - Year-over-year growth (2024-2029) (%)
- Data Table on Passenger vehicles - Year-over-year growth (2024-2029) (%)
- 8.4 Commercial vehicles - Market size and forecast (2024-2029)
- Chart on Commercial vehicles - Market size and forecast (2024-2029) ($ billion)
- Data Table on Commercial vehicles - Market size and forecast (2024-2029) ($ billion)
- Chart on Commercial vehicles - Year-over-year growth (2024-2029) (%)
- Data Table on Commercial vehicles - Year-over-year growth (2024-2029) (%)
- 8.5 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)
9 Market Segmentation by Type
- 9.1 Market segments
- Chart on Type - Market share (2024-2029) (%)
- Data Table on Type - Market share (2024-2029) (%)
- 9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 9.3 Diesel - Market size and forecast (2024-2029)
- Chart on Diesel - Market size and forecast (2024-2029) ($ billion)
- Data Table on Diesel - Market size and forecast (2024-2029) ($ billion)
- Chart on Diesel - Year-over-year growth (2024-2029) (%)
- Data Table on Diesel - Year-over-year growth (2024-2029) (%)
- 9.4 Petrol - Market size and forecast (2024-2029)
- Chart on Petrol - Market size and forecast (2024-2029) ($ billion)
- Data Table on Petrol - Market size and forecast (2024-2029) ($ billion)
- Chart on Petrol - Year-over-year growth (2024-2029) (%)
- Data Table on Petrol - Year-over-year growth (2024-2029) (%)
- 9.5 Alternative fuels - Market size and forecast (2024-2029)
- Chart on Alternative fuels - Market size and forecast (2024-2029) ($ billion)
- Data Table on Alternative fuels - Market size and forecast (2024-2029) ($ billion)
- Chart on Alternative fuels - Year-over-year growth (2024-2029) (%)
- Data Table on Alternative fuels - Year-over-year growth (2024-2029) (%)
- 9.6 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)
10 Market Segmentation by Distribution
- 10.1 Market segments
- Chart on Distribution - Market share (2024-2029) (%)
- Data Table on Distribution - Market share (2024-2029) (%)
- 10.2 Comparison by Distribution
- Chart on Comparison by Distribution
- Data Table on Comparison by Distribution
- 10.3 OEMs - Market size and forecast (2024-2029)
- Chart on OEMs - Market size and forecast (2024-2029) ($ billion)
- Data Table on OEMs - Market size and forecast (2024-2029) ($ billion)
- Chart on OEMs - Year-over-year growth (2024-2029) (%)
- Data Table on OEMs - Year-over-year growth (2024-2029) (%)
- 10.4 Aftermarket Retail - Market size and forecast (2024-2029)
- Chart on Aftermarket Retail - Market size and forecast (2024-2029) ($ billion)
- Data Table on Aftermarket Retail - Market size and forecast (2024-2029) ($ billion)
- Chart on Aftermarket Retail - Year-over-year growth (2024-2029) (%)
- Data Table on Aftermarket Retail - Year-over-year growth (2024-2029) (%)
- 10.5 Online Sales - Market size and forecast (2024-2029)
- Chart on Online Sales - Market size and forecast (2024-2029) ($ billion)
- Data Table on Online Sales - Market size and forecast (2024-2029) ($ billion)
- Chart on Online Sales - Year-over-year growth (2024-2029) (%)
- Data Table on Online Sales - Year-over-year growth (2024-2029) (%)
- 10.6 Market opportunity by Distribution
- Market opportunity by Distribution ($ billion)
- Data Table on Market opportunity by Distribution ($ billion)
11 Market Segmentation by Viscosity Grades
- 11.1 Market segments
- Chart on Viscosity Grades - Market share (2024-2029) (%)
- Data Table on Viscosity Grades - Market share (2024-2029) (%)
- 11.2 Comparison by Viscosity Grades
- Chart on Comparison by Viscosity Grades
- Data Table on Comparison by Viscosity Grades
- 0W-20 - Market size and forecast (2024-2029)
- Chart on 0W-20 - Market size and forecast (2024-2029) ($ billion)
- Data Table on 0W-20 - Market size and forecast (2024-2029) ($ billion)
- Chart on 0W-20 - Year-over-year growth (2024-2029) (%)
- Data Table on 0W-20 - Year-over-year growth (2024-2029) (%)
- 5W-30 - Market size and forecast (2024-2029)
- Chart on 5W-30 - Market size and forecast (2024-2029) ($ billion)
- Data Table on 5W-30 - Market size and forecast (2024-2029) ($ billion)
- Chart on 5W-30 - Year-over-year growth (2024-2029) (%)
- Data Table on 5W-30 - Year-over-year growth (2024-2029) (%)
- 10W-40 - Market size and forecast (2024-2029)
- Chart on 10W-40 - Market size and forecast (2024-2029) ($ billion)
- Data Table on 10W-40 - Market size and forecast (2024-2029) ($ billion)
- Chart on 10W-40 - Year-over-year growth (2024-2029) (%)
- Data Table on 10W-40 - Year-over-year growth (2024-2029) (%)
- 11.6 Others - Market size and forecast (2024-2029)
- Chart on Others - Market size and forecast (2024-2029) ($ billion)
- Data Table on Others - Market size and forecast (2024-2029) ($ billion)
- Chart on Others - Year-over-year growth (2024-2029) (%)
- Data Table on Others - Year-over-year growth (2024-2029) (%)
- 11.7 Market opportunity by Viscosity Grades
- Market opportunity by Viscosity Grades ($ billion)
- Data Table on Market opportunity by Viscosity Grades ($ billion)
12 Market Segmentation by Product Type
- 12.1 Market segments
- Chart on Product Type - Market share (2024-2029) (%)
- Data Table on Product Type - Market share (2024-2029) (%)
- 12.2 Comparison by Product Type
- Chart on Comparison by Product Type
- Data Table on Comparison by Product Type
- 12.3 Synthetic Oil - Market size and forecast (2024-2029)
- Chart on Synthetic Oil - Market size and forecast (2024-2029) ($ billion)
- Data Table on Synthetic Oil - Market size and forecast (2024-2029) ($ billion)
- Chart on Synthetic Oil - Year-over-year growth (2024-2029) (%)
- Data Table on Synthetic Oil - Year-over-year growth (2024-2029) (%)
- 12.4 Conventional Oil - Market size and forecast (2024-2029)
- Chart on Conventional Oil - Market size and forecast (2024-2029) ($ billion)
- Data Table on Conventional Oil - Market size and forecast (2024-2029) ($ billion)
- Chart on Conventional Oil - Year-over-year growth (2024-2029) (%)
- Data Table on Conventional Oil - Year-over-year growth (2024-2029) (%)
- 12.5 Semi-Synthetic Oil - Market size and forecast (2024-2029)
- Chart on Semi-Synthetic Oil - Market size and forecast (2024-2029) ($ billion)
- Data Table on Semi-Synthetic Oil - Market size and forecast (2024-2029) ($ billion)
- Chart on Semi-Synthetic Oil - Year-over-year growth (2024-2029) (%)
- Data Table on Semi-Synthetic Oil - Year-over-year growth (2024-2029) (%)
- 12.6 Market opportunity by Product Type
- Market opportunity by Product Type ($ billion)
- Data Table on Market opportunity by Product Type ($ billion)
13 Customer Landscape
- 13.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
14 Geographic Landscape
- 14.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 14.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 14.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ billion)
- Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- 14.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ billion)
- Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 14.5 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ billion)
- Data Table on North America - Market size and forecast 2024-2029 ($ billion)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 14.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ billion)
- Data Table on South America - Market size and forecast 2024-2029 ($ billion)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- 14.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- 14.8 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ billion)
- Data Table on China - Market size and forecast 2024-2029 ($ billion)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 14.9 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ billion)
- Data Table on US - Market size and forecast 2024-2029 ($ billion)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 14.10 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ billion)
- Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 14.11 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ billion)
- Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 14.12 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ billion)
- Data Table on France - Market size and forecast 2024-2029 ($ billion)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 14.13 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ billion)
- Data Table on India - Market size and forecast 2024-2029 ($ billion)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 14.14 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ billion)
- Data Table on UK - Market size and forecast 2024-2029 ($ billion)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 14.15 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
- 14.16 UAE - Market size and forecast 2024-2029
- Chart on UAE - Market size and forecast 2024-2029 ($ billion)
- Data Table on UAE - Market size and forecast 2024-2029 ($ billion)
- Chart on UAE - Year-over-year growth 2024-2029 (%)
- Data Table on UAE - Year-over-year growth 2024-2029 (%)
- 14.17 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ billion)
- Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 14.18 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)
- 14.19 South Korea - Market size and forecast (2024-2029)
- Chart on South Korea - Market size and forecast (2024-2029) ($ billion)
- Data Table on South Korea - Market size and forecast (2024-2029) ($ billion)
- Chart on South Korea - Year-over-year growth (2024-2029) (%)
- Data Table on South Korea - Year-over-year growth (2024-2029) (%)
- 14.20 Italy - Market size and forecast (2024-2029)
- Chart on Italy - Market size and forecast (2024-2029) ($ billion)
- Data Table on Italy - Market size and forecast (2024-2029) ($ billion)
- Chart on Italy - Year-over-year growth (2024-2029) (%)
- Data Table on Italy - Year-over-year growth (2024-2029) (%)
- 14.21 Spain - Market size and forecast (2024-2029)
- Chart on Spain - Market size and forecast (2024-2029) ($ billion)
- Data Table on Spain - Market size and forecast (2024-2029) ($ billion)
- Chart on Spain - Year-over-year growth (2024-2029) (%)
- Data Table on Spain - Year-over-year growth (2024-2029) (%)
- 14.22 Mexico - Market size and forecast (2024-2029)
- Chart on Mexico - Market size and forecast (2024-2029) ($ billion)
- Data Table on Mexico - Market size and forecast (2024-2029) ($ billion)
- Chart on Mexico - Year-over-year growth (2024-2029) (%)
- Data Table on Mexico - Year-over-year growth (2024-2029) (%)
- 14.23 Rest of World (ROW) - Market size and forecast (2024-2029)
- Chart on Rest of World (ROW) - Market size and forecast (2024-2029) ($ billion)
- Data Table on Rest of World (ROW) - Market size and forecast (2024-2029) ($ billion)
- Chart on Rest of World (ROW) - Year-over-year growth (2024-2029) (%)
- Data Table on Rest of World (ROW) - Year-over-year growth (2024-2029) (%)
15 Drivers, Challenges, and Opportunity/Restraints
- 15.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 15.4 Market opportunities/restraints
16 Competitive Landscape
- 16.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 16.3 Landscape disruption
- Overview on factors of disruption
- 16.4 Industry risks
- Impact of key risks on business
17 Competitive Analysis
- 17.2 Market positioning of companies
- Matrix on companies position and classification
- 17.3 ExxonMobil Corporation (United States)
- ExxonMobil Corporation (United States) - Overview
- ExxonMobil Corporation (United States) - Product / Service
- ExxonMobil Corporation (United States) - Key offerings
- 17.4 Shell plc (United Kingdom)
- Shell plc (United Kingdom) - Overview
- Shell plc (United Kingdom) - Product / Service
- Shell plc (United Kingdom) - Key offerings
- 17.5 BP plc (United Kingdom)
- BP plc (United Kingdom) - Overview
- BP plc (United Kingdom) - Product / Service
- BP plc (United Kingdom) - Key offerings
- 17.6 Chevron Corporation (United States)
- Chevron Corporation (United States) - Overview
- Chevron Corporation (United States) - Product / Service
- Chevron Corporation (United States) - Key offerings
- 17.7 TotalEnergies SE (France)
- TotalEnergies SE (France) - Overview
- TotalEnergies SE (France) - Product / Service
- TotalEnergies SE (France) - Key offerings
- 17.8 Castrol (United Kingdom)
- Castrol (United Kingdom) - Overview
- Castrol (United Kingdom) - Product / Service
- Castrol (United Kingdom) - Key offerings
- 17.9 Valvoline Inc. (United States)
- Valvoline Inc. (United States) - Overview
- Valvoline Inc. (United States) - Product / Service
- Valvoline Inc. (United States) - Key offerings
- 17.10 Idemitsu Kosan Co., Ltd. (Japan)
- Idemitsu Kosan Co., Ltd. (Japan) - Overview
- Idemitsu Kosan Co., Ltd. (Japan) - Product / Service
- Idemitsu Kosan Co., Ltd. (Japan) - Key offerings
- 17.11 Fuchs Petrolub SE (Germany)
- Fuchs Petrolub SE (Germany) - Overview
- Fuchs Petrolub SE (Germany) - Product / Service
- Fuchs Petrolub SE (Germany) - Key offerings
- 17.12 Petronas Lubricants International (Malaysia)
- Petronas Lubricants International (Malaysia) - Overview
- Petronas Lubricants International (Malaysia) - Product / Service
- Petronas Lubricants International (Malaysia) - Key offerings
- 17.13 Lukoil (Russia)
- Lukoil (Russia) - Overview
- Lukoil (Russia) - Product / Service
- Lukoil (Russia) - Key offerings
- 17.14 Sinopec Lubricant Company (China)
- Sinopec Lubricant Company (China) - Overview
- Sinopec Lubricant Company (China) - Product / Service
- Sinopec Lubricant Company (China) - Key offerings
- 17.15 Motul (France)
- Motul (France) - Overview
- Motul (France) - Product / Service
- Motul (France) - Key offerings
- 17.16 Amsoil Inc. (United States)
- Amsoil Inc. (United States) - Overview
- Amsoil Inc. (United States) - Product / Service
- Amsoil Inc. (United States) - Key offerings
- 17.17 Liqui Moly GmbH (Germany)
- Liqui Moly GmbH (Germany) - Overview
- Liqui Moly GmbH (Germany) - Product / Service
- Liqui Moly GmbH (Germany) - Key offerings
- 17.18 Gulf Oil International (United Kingdom)
- Gulf Oil International (United Kingdom) - Overview
- Gulf Oil International (United Kingdom) - Product / Service
- Gulf Oil International (United Kingdom) - Key offerings
- 17.19 Indian Oil Corporation Ltd. (India)
- Indian Oil Corporation Ltd. (India) - Overview
- Indian Oil Corporation Ltd. (India) - Product / Service
- Indian Oil Corporation Ltd. (India) - Key offerings
- 17.20 ENEOS Corporation (Japan)
- ENEOS Corporation (Japan) - Overview
- ENEOS Corporation (Japan) - Product / Service
- ENEOS Corporation (Japan) - Key offerings
- 17.21 Pennzoil (United States)
- Pennzoil (United States) - Overview
- Pennzoil (United States) - Product / Service
- Pennzoil (United States) - Key offerings
- 17.22 Repsol S.A. (Spain)
- Repsol S.A. (Spain) - Overview
- Repsol S.A. (Spain) - Product / Service
- Repsol S.A. (Spain) - Key offerings
- 17.23 AMSOIL Inc.
- AMSOIL Inc. - Overview
- AMSOIL Inc. - Product / Service
- AMSOIL Inc. - Key offerings
- 17.24 BP Plc
- BP Plc - Overview
- BP Plc - Product / Service
- BP Plc - Key offerings
- 17.25 Chevron Corp.
- Chevron Corp. - Overview
- Chevron Corp. - Product / Service
- Chevron Corp. - Key offerings
- 17.26 China Petrochemical Corp.
- China Petrochemical Corp. - Overview
- China Petrochemical Corp. - Product / Service
- China Petrochemical Corp. - Key offerings
- 17.27 Eni SpA
- Eni SpA - Overview
- Eni SpA - Product / Service
- Eni SpA - Key offerings
- 17.28 Exxon Mobil Corp.
- Exxon Mobil Corp. - Overview
- Exxon Mobil Corp. - Product / Service
- Exxon Mobil Corp. - Key offerings
- 17.29 FUCHS SE
- FUCHS SE - Overview
- FUCHS SE - Product / Service
- FUCHS SE - Key offerings
- 17.30 GS Global Corp.
- GS Global Corp. - Overview
- GS Global Corp. - Product / Service
- GS Global Corp. - Key offerings
- 17.31 Hinduja Group Ltd.
- Hinduja Group Ltd. - Overview
- Hinduja Group Ltd. - Product / Service
- Hinduja Group Ltd. - Key offerings
- 17.32 Idemitsu Kosan Co. Ltd.
- Idemitsu Kosan Co. Ltd. - Overview
- Idemitsu Kosan Co. Ltd. - Product / Service
- Idemitsu Kosan Co. Ltd. - Key offerings
- 17.33 MOTUL SA
- MOTUL SA - Overview
- MOTUL SA - Product / Service
- MOTUL SA - Key offerings
- 17.34 Nandan Group
- Nandan Group - Overview
- Nandan Group - Product / Service
- Nandan Group - Key offerings
- 17.35 PETRONAS Chemicals Group Berhad
- PETRONAS Chemicals Group Berhad - Overview
- PETRONAS Chemicals Group Berhad - Product / Service
- PETRONAS Chemicals Group Berhad - Key offerings
- 17.36 PJSC LUKOIL
- PJSC LUKOIL - Overview
- PJSC LUKOIL - Product / Service
- PJSC LUKOIL - Key offerings
- 17.37 Polski Koncern Naftowy ORLEN SA
- Polski Koncern Naftowy ORLEN SA - Overview
- Polski Koncern Naftowy ORLEN SA - Product / Service
- Polski Koncern Naftowy ORLEN SA - Key offerings
- 17.38 Repsol SA
- Repsol SA - Overview
- Repsol SA - Product / Service
- Repsol SA - Key offerings
- 17.39 Shell plc
- Shell plc - Overview
- Shell plc - Product / Service
- Shell plc - Key offerings
- 17.40 TotalEnergies SE
- TotalEnergies SE - Overview
- TotalEnergies SE - Product / Service
- TotalEnergies SE - Key offerings
- 17.41 Valvoline Inc.
- Valvoline Inc. - Overview
- Valvoline Inc. - Product / Service
- Valvoline Inc. - Key offerings
18 Appendix
- 18.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 18.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 18.4 Research methodology
- 18.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 18.9 360 degree market analysis
- 360 degree market analysis
- 18.10 List of abbreviations
INFORMATION SOURCES
DATA ANALYSIS
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