Asia-pacific Automotive Lubricants Market Analysis
The Asia-pacific Automotive Lubricants Market size is estimated at 10.36 billion liters in 2025, and is expected to reach 12.87 billion liters by 2030, at a CAGR of 4.44% during the forecast period (2025-2030).
- Largest Segment by Vehicle Type - Passenger Vehicles : Increasing servicing frequencies and a growing passenger car population in India and ASEAN countries are driving the lubricant consumption in this sector at the highest rate.
- Fastest Segment by Vehicle Type - Passenger Vehicles : The expected recovery in passenger vehicle sales and production in Asia from 2021 is likely to drive the demand for engine oils in this sector during the forecast period.
- Largest Country Market - China : The highest lubricant consumption in China is attributed to the large vehicle fleet of the country and the growing average age of vehicles that require high lubricant usage.
- Fastest Growing Country Market - India : In India, a rebound in the sales of new and used vehicles, supported by increasing travel rates, is projected to augment the demand in the lubricants sector at a high rate.
Asia-pacific Automotive Lubricants Market Trends
Largest Segment By Vehicle Type : Passenger Vehicles
- In the Asia-Pacific region, motorcycles accounted for a 54.25% share in the total number of on-road vehicles during 2020, followed by passenger vehicles and motorcycles, with 37.9% and 7.85% shares, respectively.
- The passenger vehicles segment accounted for the highest share of 47.17% in the total automotive lubricant volume consumption in 2020, followed by the commercial vehicles segment with a 35.91% share. During the same year, travel restrictions to curb the COVID-19 pandemic significantly affected the usage of these vehicles and their lubricant consumption.
- During 2021-2026, the passenger vehicles segment is expected to witness the highest CAGR of 5.16%. The recovery of passenger vehicle sales, combined with the easing down of COVID-19-related travel restrictions, is likely to be the key factor driving this trend.
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Largest Country : China
- In Asia-Pacific, China has the highest automotive lubricant consumption, followed by India and Japan. In 2020, China accounted for about 46% of the total automotive lubricant consumption in the region. The country also recorded the largest shares in the consumption of engine oils and greases of about 46.39% and 38.8%, respectively.
- In 2020, the COVID-19 outbreak significantly affected automotive lubricant consumption in many Asia-Pacific countries. The automotive lubricant consumption in Singapore was the most affected, with a 17.4% drop during 2019-2020, whereas China was the least affected, with a 2.19% growth.
- During 2021-2026, India is estimated to be the fastest-growing lubricant market, as the consumption is likely to record a CAGR of 6.31%, followed by China and Indonesia, at an estimated CAGR of 5.41% and 5.20%, respectively.
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Asia-pacific Automotive Lubricants Industry Overview
The Asia-pacific Automotive Lubricants Market is moderately consolidated, with the top five companies occupying 49.76%. The major players in this market are BP PLC (Castrol), China National Petroleum Corporation, China Petroleum & Chemical Corporation, ExxonMobil Corporation and Royal Dutch Shell Plc (sorted alphabetically).
Asia-pacific Automotive Lubricants Market Leaders
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BP PLC (Castrol)
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China National Petroleum Corporation
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China Petroleum & Chemical Corporation
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ExxonMobil Corporation
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Royal Dutch Shell Plc
- *Disclaimer: Major Players sorted in no particular order
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Asia-pacific 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.
- December 2021: ExxonMobil introduced a line of synthetic engine oils, i.e., Mobil Super Pro, for SUVs in India.
- October 2021: Castrol, one of Malaysia's major automotive lubricant manufacturers, introduced Castrol Power1 Ultimate, a brand-new type of 100% synthetic engine oil that promises exceptional performance and endurance.
Asia-pacific 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 | China |
| India | |
| Indonesia | |
| Japan | |
| Malaysia | |
| Philippines | |
| Singapore | |
| South Korea | |
| Thailand | |
| Vietnam | |
| Rest of Asia-Pacific |
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Asia-pacific Automotive Lubricants Market Research FAQs
How big is the Asia-pacific Automotive Lubricants Market?
The Asia-pacific Automotive Lubricants Market size is expected to reach 10.36 billion Liters in 2025 and grow at a CAGR of 4.44% to reach 12.87 billion Liters by 2030.
What is the current Asia-pacific Automotive Lubricants Market size?
In 2025, the Asia-pacific Automotive Lubricants Market size is expected to reach 10.36 billion Liters.
Who are the key players in Asia-pacific Automotive Lubricants Market?
BP PLC (Castrol), China National Petroleum Corporation, China Petroleum & Chemical Corporation, ExxonMobil Corporation and Royal Dutch Shell Plc are the major companies operating in the Asia-pacific Automotive Lubricants Market.
What years does this Asia-pacific Automotive Lubricants Market cover, and what was the market size in 2024?
In 2024, the Asia-pacific Automotive Lubricants Market size was estimated at 9.90 billion Liters. The report covers the Asia-pacific Automotive Lubricants Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-pacific Automotive Lubricants Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Asia-pacific Automotive Lubricants Industry Report
Statistics for the 2025 Asia-pacific Automotive Lubricants market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Asia-pacific Automotive Lubricants analysis includes a market forecast outlook for 2025 to 2030) and historical overview. Get a sample of this industry analysis as a free report PDF download.
