US Automotive Lubricants Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 3.52 Billion Liters |
| Market Volume (2026) | 3.59 Billion Liters |
| CAGR (2024 - 2026) | 0.99 % |
| Market Concentration | High |
US Automotive Lubricants Market Analysis
The United States Automotive Lubricants Market size is estimated at 3.52 Billion Liters in 2024, and is expected to reach 3.59 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 the United States is attributed to the highest lubricant consumption in the passenger vehicles sector in the country.
- Fastest Segment by Vehicle Type - Passenger Vehicles : As the social distancing measures are being slowly eased in the country, the usage of passenger vehicles is likely to increase and, thereby, boost their lubricant consumption.
- 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.
- Fastest Segment by Product Type - Engine Oils : Owing to the recovery in travel rates and surge in sales of used cars, the demand for engine oils is projected to rise at a healthy rate during the next five years.
US Automotive Lubricants Market Trends
This section covers the major market trends shaping the US Automotive Lubricants Market according to our research experts:
Largest Segment By Vehicle Type : Passenger Vehicles
- Among all vehicle types, passenger vehicles account for more than 90% of the total on-road vehicles, generating the highest demand for lubricants in the US market. Moreover, the passenger vehicle segment is likely to witness the highest CAGR of 3.21% in the lubricants market over the forecast period.
- During 2015-2020, automotive lubricant consumption observed fluctuations due to volatile sales and production trends, with a drastic decline during 2020 due to the pandemic. Additionally, the high penetration of synthetic lubricants with long drain intervals negatively affected the growth of lubricant consumption in the country.
- Factors, such as the expected rebound in sales and favorable government policies, like USMCA and CARS, are expected to drive automotive production and sales in the domestic market and generate demand for lubricants over the forecast period.
US Automotive Lubricants Industry Overview
The United States Automotive Lubricants Market is fairly consolidated, with the top five companies occupying 69.84%. The major players in this market are BP PLC (Castrol), ExxonMobil Corporation, Phillips 66 Lubricants, Royal Dutch Shell Plc and Valvoline Inc. (sorted alphabetically).
US Automotive Lubricants Market Leaders
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BP PLC (Castrol)
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ExxonMobil Corporation
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Phillips 66 Lubricants
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Royal Dutch Shell Plc
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Valvoline Inc.
*Disclaimer: Major Players sorted in no particular order
US 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.
US 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
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 CITGO
5.3.5 ExxonMobil Corporation
5.3.6 Motul
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
US Automotive Lubricants Industry Segmentation
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
US Automotive Lubricants Market Research FAQs
How big is the United States Automotive Lubricants Market?
The United States Automotive Lubricants Market size is expected to reach 3.52 billion Liters in 2024 and grow at a CAGR of 0.99% to reach 3.59 billion Liters by 2026.
What is the current United States Automotive Lubricants Market size?
In 2024, the United States Automotive Lubricants Market size is expected to reach 3.52 billion Liters.
Who are the key players in United States Automotive Lubricants Market?
BP PLC (Castrol), ExxonMobil Corporation, Phillips 66 Lubricants, Royal Dutch Shell Plc and Valvoline Inc. are the major companies operating in the United States Automotive Lubricants Market.
Which segment has the biggest share in the United States Automotive Lubricants Market?
In the United States Automotive Lubricants Market, the Passenger Vehicles segment accounts for the largest share by vehicle type.
Which is the fastest growing segment in the United States Automotive Lubricants Market?
In 2024, the Passenger Vehicles segment accounts for the fastest growing by vehicle type in the United States Automotive Lubricants Market.
What years does this United States Automotive Lubricants Market cover, and what was the market size in 2023?
In 2023, the United States Automotive Lubricants Market size was estimated at 3.50 billion Liters. The report covers the United States Automotive Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Automotive Lubricants Market size for years: 2024, 2025 and 2026.
US Automotive Lubricants Industry Report
Statistics for the 2023 US Automotive Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. US Automotive Lubricants analysis includes a market forecast outlook to 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.
