North America Automotive Lubricants Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 4.54 Billion Liters |
| Market Volume (2026) | 4.63 Billion Liters |
| CAGR (2024 - 2026) | 0.99 % |
| Market Concentration | High |
North America Automotive Lubricants Market Analysis
The North America Automotive Lubricants Market size is estimated at 4.54 Billion Liters in 2024, and is expected to reach 4.63 Billion Liters by 2026, growing at a CAGR of 0.99% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : The highest proportion of passenger vehicle population in North America is attributed to the highest lubricant consumption in the passenger vehicles sector in the region.
- Largest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and low drain interval, as it is used for high-temperature and high-pressure applications.
- Largest Country Market - United States : The United States is one of the largest automotive markets, globally, and a leading automotive lubricant consumer in North America, due to its highest vehicle population.
- Fastest Growing Country Market - Mexico : The expected recovery in vehicle production and sales in domestic and export markets are expected to drive the lubricant consumption in Mexico in the coming years.
North America Automotive Lubricants Market Trends
This section covers the major market trends shaping the North America Automotive Lubricants Market according to our research experts:
Largest Segment By Vehicle Type : Passenger Vehicles
- Among all vehicle types, passenger vehicles accounted for about 76% of the total on-road vehicles in 2020, thus, generating the highest demand for lubricants in the North American market. In North America, automotive lubricant consumption stands the highest in the United States, followed by Canada and Mexico.
- In the United States and Canada, volatile sales and production trends during 2015-2020 and increased adoption of synthetic oils, with a drastic decline during 2020 due to the pandemic, have led to a slump in lubricant consumption. Mexico recorded growth during 2015-2019 due to its dependency on conventional lubricants.
- The expected recovery in sales and production in Mexico (the largest exporter to the North American market) and Canada (another major exporter), along with the United States, from the second half of 2021, is likely to increase lubricant consumption in the region.
Largest Country : United States
- In North America, automotive lubricant consumption is the highest in the United States, followed by Canada and Mexico. In the United States and Canada, volatile sales and production trends led to a slump in lubricant consumption during 2015-2019. Mexico recorded growth during this period due to growth in vehicle population.
- By 2020, automotive lubricant consumption in North America dropped by 17% compared to 2019. This decline was triggered by the global pandemic, which affected vehicle sales and production.
- The Mexican automotive sector is deeply integrated with the US market, with the former being one of the largest exporters in the region. Hence, with an expected recovery in sales in Mexico and the United States, along with Canada, from the second half of 2021, vehicle production is expected to increase in the region, resulting in increased lubricant consumption.
North America Automotive Lubricants Industry Overview
The North America Automotive Lubricants Market is fairly consolidated, with the top five companies occupying 68.50%. The major players in this market are BP PLC (Castrol), Chevron Corporation, ExxonMobil Corporation, Royal Dutch Shell Plc and Valvoline Inc. (sorted alphabetically).
North America Automotive Lubricants Market Leaders
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BP PLC (Castrol)
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Chevron Corporation
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ExxonMobil Corporation
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Royal Dutch Shell Plc
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Valvoline Inc.
*Disclaimer: Major Players sorted in no particular order
North America Automotive Lubricants 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.
- July 2021: Mighty Distributing System (Mighty Auto Parts), a pioneer in automotive aftermarket goods and services, announced a new relationship with Total Specialties USA. It would target the Quartz Ineo and Quartz 9000 sub-ranges, geared for light automobiles and meet European OEMs' most stringent criteria.
North America Automotive Lubricants 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 Type
4.2.1 Engine Oils
4.2.2 Greases
4.2.3 Hydraulic Fluids
4.2.4 Transmission & Gear Oils
4.3 By Country
4.3.1 Canada
4.3.2 Mexico
4.3.3 United States
4.3.4 Rest of North America
5. Competitive Landscape
5.1 Key Strategic Moves
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 AMSOIL Inc.
5.3.2 BP PLC (Castrol)
5.3.3 Chevron Corporation
5.3.4 ExxonMobil Corporation
5.3.5 HollyFrontier (PetroCanada lubricants)
5.3.6 Phillips 66 Lubricants
5.3.7 Roshfrans
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
North America Automotive Lubricants Industry Segmentation
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
| By Country | |
| Canada | |
| Mexico | |
| United States | |
| Rest of North America |
North America Automotive Lubricants Market Research FAQs
How big is the North America Automotive Lubricants Market?
The North America Automotive Lubricants Market size is expected to reach 4.54 billion Liters in 2024 and grow at a CAGR of 0.99% to reach 4.63 billion Liters by 2026.
What is the current North America Automotive Lubricants Market size?
In 2024, the North America Automotive Lubricants Market size is expected to reach 4.54 billion Liters.
Who are the key players in North America Automotive Lubricants Market?
BP PLC (Castrol), Chevron Corporation, ExxonMobil Corporation, Royal Dutch Shell Plc and Valvoline Inc. are the major companies operating in the North America Automotive Lubricants Market.
Which segment has the biggest share in the North America Automotive Lubricants Market?
In the North America Automotive Lubricants Market, the Passenger Vehicles segment accounts for the largest share by vehicle type.
Which country has the biggest share in the North America Automotive Lubricants Market?
In 2024, United States accounts for the largest share by country in the North America Automotive Lubricants Market.
What years does this North America Automotive Lubricants Market cover, and what was the market size in 2023?
In 2023, the North America Automotive Lubricants Market size was estimated at 4.50 billion Liters. The report covers the North America Automotive Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Automotive Lubricants Market size for years: 2024, 2025 and 2026.
North America Automotive Lubricant Industry Report
Statistics for the 2024 North America Automotive Lubricant market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Automotive Lubricant analysis includes a market forecast outlook 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.
