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. Read More

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. Read More

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. Read More

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. Read More

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. Read More

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. Read More

United States Automotive Lubricants Market Trends

Statistics for the 2023 & 2024 United States Automotive Lubricants market trends, created by Mordor Intelligence™ Industry Reports. United States Automotive Lubricants trend report includes a market forecast to 202 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of United States Automotive Lubricants Industry

This section covers the major market trends shaping the US Automotive Lubricants Market according to our research experts:

Largest Segment By Vehicle Type : <span style="font-family: 'regular_bold';color:#0e7db3;">Passenger Vehicles</span>

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.