China Automotive Engine Oils Market Size

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Study Period: | 2015 - 2026 |
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Largest Share by Vehicle Type: | Passenger Vehicles |
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Fastest Growing by Vehicle Type: | Passenger Vehicles |
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CAGR: | 5.04 % |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
China Automotive Engine Oils Market Analysis
The China Automotive Engine Oils Market stood at 3.08 billion liters in 2021 and is projected to register a CAGR of 5.04% to reach 3.94 billion liters in 2026.
- Largest Segment by Vehicle Type - Passenger Vehicles : Large active vehicle fleet, higher average travel rates, and growing sales of SUVs are the factors projected to drive engine oil’s demand from the passenger vehicle sector.
- Fastest Segment by Vehicle Type - Passenger Vehicles : As China’s social distancing restrictions are gradually lifted, the usage of passenger vehicles is increasing, resulting in higher engine oil consumption from the sector.
China Automotive Engine Oils Industry Segmentation
By Vehicle Type | |
Commercial Vehicles | |
Motorcycles | |
Passenger Vehicles |
China Automotive Engine Oils Market Trends
This section covers the major market trends shaping the China Automotive Engine Oils Market according to our research experts:
Largest Segment By Vehicle Type : Passenger Vehicles
- In China, engine oils account for the major share of automotive lubricants. During 2015-2019, engine oil consumption in China recorded a CAGR of over 5%. The rise in vehicle population and sales have been the major factors driving automotive engine oil consumption in the country.
- In 2020, the COVID-19 outbreak resulted in a massive decline in the usage rate of the existing vehicle fleets in the country, which led to only a 2% growth in engine oil consumption. Also, the country has been registering a Y-o-Y dip in engine oil consumption with rising electric vehicles share on the back of government incentives.
- Over the forecast period, the passenger vehicle segment is expected to register the highest CAGR of about 5.45% in engine oil consumption, followed by commercial vehicles (4.87%) and motorcycles (1.77%), respectively.

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China Automotive Engine Oils Industry Overview
The China Automotive Engine Oils Market is fairly consolidated, with the top five companies occupying 72.43%. 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).
China Automotive Engine Oils Market Leaders
BP PLC (Castrol)
China National Petroleum Corporation
China Petroleum & Chemical Corporation
ExxonMobil Corporation
Royal Dutch Shell Plc
*Disclaimer: Major Players sorted in no particular order

China Automotive Engine Oils 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.
- July 2021: TotalEnergies unveiled a new product (hybrid transmission fluid), which is specially made for Great Wall Motors to use in hybrid technology vehicles for high efficiency and high performance.
- May 2021: Jiangsu Lopal Tech Co. Ltd launched two new National VI lubricants, especially for Volkswagen's high-end gasoline engines and long-range diesel engines.
China Automotive Engine Oils 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. BP PLC (Castrol)
5.3.2. Chevron Corporation
5.3.3. China National Petroleum Corporation
5.3.4. China Petroleum & Chemical Corporation
5.3.5. ExxonMobil Corporation
5.3.6. Jiangsu Lopal Tech Co. Ltd
5.3.7. Qingdao COPTON Technology Co. Ltd
5.3.8. Royal Dutch Shell Plc
5.3.9. Tongyi Petrochemical Co. Ltd
5.3.10. TotalEnergies
6. Appendix
6.1. Appendix-1 References
6.2. Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Lubricants CEOs
List of Tables & Figures
Figure 1:
VEHICLE POPULATION, NUMBER OF UNITS, CHINA, 2015 - 2026
Figure 2:
COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, CHINA, 2015 - 2026
Figure 3:
MOTORCYCLES POPULATION, NUMBER OF UNITS, CHINA, 2015 - 2026
Figure 4:
PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, CHINA, 2015 - 2026
Figure 5:
CHINA AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, BY VEHICLE TYPE, 2015-2026
Figure 6:
CHINA AUTOMOTIVE ENGINE OILS MARKET, VOLUME SHARE (%), BY VEHICLE TYPE, 2020
Figure 7:
CHINA AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, COMMERCIAL VEHICLES, 2015-2026
Figure 8:
CHINA AUTOMOTIVE ENGINE OILS MARKET, COMMERCIAL VEHICLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 9:
CHINA AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, MOTORCYCLES, 2015-2026
Figure 10:
CHINA AUTOMOTIVE ENGINE OILS MARKET, MOTORCYCLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 11:
CHINA AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, PASSENGER VEHICLES, 2015-2026
Figure 12:
CHINA AUTOMOTIVE ENGINE OILS MARKET, PASSENGER VEHICLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 13:
CHINA AUTOMOTIVE ENGINE OILS MARKET, VOLUME SHARE (%), BY PRODUCT GRADE, 2020
Figure 14:
CHINA AUTOMOTIVE ENGINE OILS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
Figure 15:
CHINA AUTOMOTIVE ENGINE OILS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
Figure 16:
CHINA AUTOMOTIVE ENGINE OILS MARKET SHARE(%), BY MAJOR PLAYERS, 2020
Market Definition
- Vehicle Types - Passenger Vehicles, Commercial Vehicles and Motorcycles are considered under the automotive engine oils market.
- Product Types - For the purpose of this study, engine oils are taken into consideration.
- Service Refill - Service/maintenance refill is considered while accounting the engine oil consumption for each vehicle type, under the study.
- Factory Fill - First lubricant fill-ups for newly produced vehicles are considered under the study.
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms