Canada Automotive Engine Oil Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 328.17 Million Liters |
| Market Volume (2026) | 331.08 Million Liters |
| CAGR (2024 - 2026) | 0.44 % |
| Market Concentration | High |
Canada Automotive Engine Oil Market Analysis
The Canada Automotive Engine Oils Market size is estimated at 328.17 Million Liters in 2024, and is expected to reach 331.08 Million Liters by 2026, growing at a CAGR of 0.44% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : The average engine oil capacity of heavy-duty trucks and buses was high, attributed to the highest consumption of engine oil from the commercial vehicle sector in Canada.
- Fastest Segment by Vehicle Type - Passenger Vehicles : As lockdown measures and social restrictions are slowly being eased in the country, the usage of passenger vehicles is likely to increase and boost engine oil consumption.
Canada Automotive Engine Oil Market Trends
This section covers the major market trends shaping the Canada Automotive Engine Oils Market according to our research experts:
Largest Segment By Vehicle Type : Commercial Vehicles
- 0Ws and 5Ws were the most used engine oil grades for passenger vehicles in Canada. Similarly, 15Ws were the most used engine oil grades for commercial vehicles in Canada.
- Most of the engine oils used in Canada meet the latest standards set by the International Lubricant Specification Advisory Committee (ILSAC) and the American Petroleum Institute (API). Although these synthetic grades have higher profit margins per gallon, they also support higher drain intervals. Hence, the higher penetration of synthetic engine oils significantly restrained the growth of this product type, in terms of volume, during 2015-2020.
- Post the COVID-19 outbreak, the engine oil change requirements of vehicles further declined. The usage of the existing automotive fleet is gradually boosting the engine oil volume consumption, which is likely to recover at a rate of 2.19% during the forecast period.
Canada Automotive Engine Oil Industry Overview
The Canada Automotive Engine Oils Market is fairly consolidated, with the top five companies occupying 82.72%. The major players in this market are BP PLC (Castrol), ExxonMobil Corporation, HollyFrontier (PetroCanada lubricants), Royal Dutch Shell Plc and Valvoline Inc. (sorted alphabetically).
Canada Automotive Engine Oil Market Leaders
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BP PLC (Castrol)
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ExxonMobil Corporation
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HollyFrontier (Petro‑Canada lubricants)
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Royal Dutch Shell Plc
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Valvoline Inc.
*Disclaimer: Major Players sorted in no particular order
Canada Automotive Engine Oil Market News
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
- October 2021: Valvoline and Cummins extended their long-standing marketing and technology collaboration agreement for another five years. Cummins will endorse and promote Valvoline's Premium Blue engine oil for its heavy-duty diesel engines and generators and will distribute Valvoline products through its global distribution networks.
- June 2021: TotalEnergies and Stellantis group renewed their partnership for cooperation across different segments. Along with the renewal of partnerships with Peugeot, Citroën, and DS Automobiles, the new collaboration extends to Opel, and Vauxhall as well. This partnership includes the development and innovation of lubricants, first-fill in Stellantis group vehicles, recommendation of Quartz lubricants, and shared usage of charging stations operated by TotalEnergies, among others.
Canada Automotive Engine Oil Market Report - Table of Contents
1. Executive Summary & Key Findings
2. Introduction
2.1 Study Assumptions & Market Definition
2.2 Scope of the Study
2.3 Research Methodology
3. Key Industry Trends
3.1 Automotive Industry Trends
3.2 Regulatory Framework
3.3 Value Chain & Distribution Channel Analysis
4. Market Segmentation
4.1 By Vehicle Type
4.1.1 Commercial Vehicles
4.1.2 Motorcycles
4.1.3 Passenger Vehicles
4.2 By Product Grade
5. Competitive Landscape
5.1 Key Strategic Moves
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 Boss Lubricants
5.3.2 BP PLC (Castrol)
5.3.3 Chevron Corporation
5.3.4 ExxonMobil Corporation
5.3.5 FUCHS
5.3.6 HollyFrontier (PetroCanada lubricants)
5.3.7 Phillips 66 Lubricants
5.3.8 Royal Dutch Shell Plc
5.3.9 TotalEnergies
5.3.10 Valvoline Inc.
6. Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Lubricants CEOs
Canada Automotive Engine Oil Industry Segmentation
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
Canada Automotive Engine Oil Market Research FAQs
How big is the Canada Automotive Engine Oils Market?
The Canada Automotive Engine Oils Market size is expected to reach 328.17 million Liters in 2024 and grow at a CAGR of 0.44% to reach 331.08 million Liters by 2026.
What is the current Canada Automotive Engine Oils Market size?
In 2024, the Canada Automotive Engine Oils Market size is expected to reach 328.17 million Liters.
Who are the key players in Canada Automotive Engine Oils Market?
BP PLC (Castrol), ExxonMobil Corporation, HollyFrontier (Petro‑Canada lubricants), Royal Dutch Shell Plc and Valvoline Inc. are the major companies operating in the Canada Automotive Engine Oils Market.
Which segment has the biggest share in the Canada Automotive Engine Oils Market?
In the Canada Automotive Engine Oils Market, the Commercial Vehicles segment accounts for the largest share by vehicle type.
Which is the fastest growing segment in the Canada Automotive Engine Oils Market?
In 2024, the Passenger Vehicles segment accounts for the fastest growing by vehicle type in the Canada Automotive Engine Oils Market.
What years does this Canada Automotive Engine Oils Market cover, and what was the market size in 2023?
In 2023, the Canada Automotive Engine Oils Market size was estimated at 323.45 million Liters. The report covers the Canada Automotive Engine Oils Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Canada Automotive Engine Oils Market size for years: 2024, 2025 and 2026.
Canada Automotive Motor Oil Industry Report
Statistics for the 2024 Canada Automotive Motor Oil market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada Automotive Motor Oil analysis includes a market forecast outlook 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.
