Philippines Automotive Engine Oil Market Analysis
The Philippines Automotive Engine Oils Market size is estimated at 86.52 million liters in 2025, and is expected to reach 102.61 million liters by 2030, at a CAGR of 3.47% during the forecast period (2025-2030).
- Largest Segment by Vehicle Type - Commercial Vehicles : The average engine oil capacity of heavy-duty trucks and buses was high, resulting in the commercial vehicle sector consuming the most engine oil in the Philippines.
- Fastest Segment by Vehicle Type - Motorcycles : The anticipated rebound in motorcycle production and sales in the Philippines in 2021 is expected to boost motorcycle engine oil consumption over the forecast period.
Philippines Automotive Engine Oil Market Trends
Largest Segment By Vehicle Type : Commercial Vehicles
- During 2015-2019, engine oil consumption in the Philippines recorded a CAGR of 3.23%. In 2020, engine oils accounted for about 77.29% share of automotive lubricants. The increase in on-road vehicle population drove the engine oil consumption during this period.
- In 2020, the COVID-19 outbreak led to a massive decline in the usage rate of the existing vehicle fleets in the country, which led to an 11.66% dip in engine oil consumption. The passenger vehicle (PV) segment recorded the largest decline of 18.31% in engine oil consumption during the year.
- In the next five years, the motorcycle segment is expected to register the highest growth of about 5.72% in engine oil consumption, followed by the PV segment (3.75%). The growth is likely to be driven by the strong demand for mopeds and motorcycles in the country over the next five years.
Understand The Key Trends Shaping This Market
Download PDF
Philippines Automotive Engine Oil Industry Overview
The Philippines Automotive Engine Oils Market is fairly consolidated, with the top five companies occupying 78.84%. The major players in this market are BP Plc (Castrol), Chevron Corporation, Petron Corporation, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).
Philippines Automotive Engine Oil Market Leaders
-
BP Plc (Castrol)
-
Chevron Corporation
-
Petron Corporation
-
Royal Dutch Shell Plc
-
TotalEnergies
- *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competitors?
Download PDF
Philippines Automotive Engine Oil 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.
- June 2021: Pilipinas Shell Petroleum Corp. extended its partnership with Isuzu Philippines Corp. till 2023. In this partnership, Shell has to supply its lubricants, fuels, and other products to Isuzu for two years.
- April 2021: Motul launched two engine oils, namely CLASSIC EIGHTIES 10W-40 and CLASSIC NINETIES 10W-30, for classic cars manufactured between the 1970s and 2000s.
Philippines Automotive Engine Oil Industry Segmentation
| By Vehicle Type | Commercial Vehicles |
| Motorcycles | |
| Passenger Vehicles |
By Vehicle Type
| Commercial Vehicles |
| Motorcycles |
| Passenger Vehicles |
Need A Different Region or Segment?
Customize Now
Philippines Automotive Engine Oil Market Research FAQs
How big is the Philippines Automotive Engine Oils Market?
The Philippines Automotive Engine Oils Market size is expected to reach 86.52 million Liters in 2025 and grow at a CAGR of 3.47% to reach 102.61 million Liters by 2030.
What is the current Philippines Automotive Engine Oils Market size?
In 2025, the Philippines Automotive Engine Oils Market size is expected to reach 86.52 million Liters.
Who are the key players in Philippines Automotive Engine Oils Market?
BP Plc (Castrol), Chevron Corporation, Petron Corporation, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the Philippines Automotive Engine Oils Market.
What years does this Philippines Automotive Engine Oils Market cover, and what was the market size in 2024?
In 2024, the Philippines Automotive Engine Oils Market size was estimated at 83.52 million Liters. The report covers the Philippines Automotive Engine Oils Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Philippines Automotive Engine Oils Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Our Best Selling Reports
Automotive Engine Oils in Philippines Industry Report
Statistics for the 2025 Philippines Automotive Engine Oils market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Philippines Automotive Engine Oils 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.
