The automotive suspension system lubricants market size has the potential to grow by 8.05 million gallons during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.55%.
This report provides a detailed analysis of the market by application (passenger cars and commercial vehicles), geography (APAC, North America, Europe, MEA, and South America), and key vendors.
Market Overview

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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- BP Plc
- Exxon Mobil Corp.
- Ferdinand Bilstein GmbH + Co. KG
- FUCHS PETROLUB SE
- Lucas Oil Products Inc.
- Millers Oils Ltd.
- MOTUL SA
- Red Line Synthetic Oil
- Slickoleum Inc.
- Valvoline Inc.
The automotive suspension system lubricants market is concentrated and the vendors are deploying growth strategies such as product differentiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as the use of MR fluid suspension oils to achieve growth opportunities. However, factors such as the rising penetration of air suspension systems will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the automotive suspension system lubricants market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This automotive suspension system lubricants market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
Automotive Suspension System Lubricants Market: Key Drivers and Trends
- Automotive manufacturers are providing several features in their vehicles including advanced driver assist systems to ensure a smoother ride.
- Key vehicle manufacturers such as General Motors and Audi are using MR fluid suspension systems which offer better shock absorption than conventional suspension systems.
- Since MR fluid suspension systems enhance drive quality and vehicle handling, the demand for these suspension systems in mainstream vehicles will grow during the forecast period.
- This, in turn, will boost the demand for MR fluid suspension oils and accelerate the automotive suspension system lubricants market growth.
- The increasing use of MR fluid-based suspension systems within mainstream vehicles is expected to drive the market in terms of technology and fluid type.
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- Automotive manufacturers are predisposed to developing vehicles that require less maintenance.
- Less maintenance creates a sense of reliability regarding the vehicle brand within the minds of buyers.
- Most of the vehicle makers are designing vehicle systems and components with seals that reduce leakage or any other type of lubrication loss over a period of time.
- Automotive suspension system components require a frequent amount of lubrication to function smoothly.
- Moreover, sealed components increase the lubrication cycle and decrease the overall need for additional fluids.
- Therefore, the usage of sealed components within automotive increases the life of the lubrication used around the various suspension parts.
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Automotive Suspension System Lubricants Market: Segmentation by Geography

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55% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for automotive suspension system lubricants in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The adoption of commercial vehicles with innovative technologies is one of the prime factors that will facilitate the automotive suspension system lubricants market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Automotive Suspension System Lubricants Market: Segmentation by Application

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The demand for automotive suspension system lubricants within passenger cars will directly correlate with the global production of passenger cars. Makers of automotive suspension system lubricants will focus on production considering the growth prospects within the passenger car market of various regions. Therefore the growth of the market is expected to be significant during the forecast period.
However, the post COVID-19 impact has brought forth a slowdown in the passenger cars segment in the automotive suspension system lubricants market. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive suspension system lubricants market size.

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Automotive Suspension System Lubricants Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive automotive suspension system lubricants market growth during the next five years
- Precise estimation of the automotive suspension system lubricants market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive suspension system lubricants industry across APAC, North America, Europe, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive suspension system lubricants market vendors
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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Passenger cars - Market size and forecast 2020-2025
- Commercial vehicles - Market size and forecast 2020-2025
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- BP Plc
- Exxon Mobil Corp.
- Ferdinand Bilstein GmbH + Co. KG
- FUCHS PETROLUB SE
- Lucas Oil Products Inc.
- Millers Oils Ltd.
- MOTUL SA
- Red Line Synthetic Oil
- Slickoleum Inc.
- Valvoline Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape