Automotive Lubricants Market Size

Automotive Lubricants Market size was over USD 76.99 billion in 2024 and is anticipated to exceed USD 102.77 billion by the end of 2037, growing at over 2.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of automotive lubricants is evaluated at USD 78.41 billion.

The primary factor that is attributed to the market growth is the rapid expansion of the automotive industry across the world, along with the surging demand to protect the automotive components. For instance, a recent report suggested that the global automotive industry is expected to reach approximately USD 9 trillion by 2030. The increased demand for lightweight and high-performance vehicles in every region of the world is also anticipated to drive the market in the upcoming years.

Automotive lubricants are playing a huge role in upgrading the performance and ensuring proper conduction of the vehicles on the road. Thus, with the increasing spending capacity, and rising per capita income, many consumers are adopting high-quality automotive lubricants to protect against wear and tear of various automotive components while increasing their durability. Also, the high demand for individualized transportation, along with increased sales and production of vehicles around the world, is considered growth factor of the market during the assessment period. Furthermore, there has also been an increase in demand for engine oils, brake fluids, and transmission fluids among both consumer and commercial automobiles, which is projected to create a positive outlook for the global automotive lubricants market. In addition to the other factors, the recent focus on shifting towards green derivatives to lessen air pollution is expected to bring growth opportunities for bio-based automotive lubricants market in the upcoming years. The stringent government rules regarding carbon emission along with the presence of regulatory associations including EPA, and REACH, are projected to help in market growth.