Singapore Automotive Engine Oils Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2025 - 2030)

The Singapore Automotive Engine Oils Market is segmented by Vehicle Type ( Commercial Vehicles, Motorcycles, Passenger Vehicles ) and by Product Grade

Singapore Automotive Engine Oils Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2025 - 2030)

Singapore Automotive Engine Oils Market Size

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Singapore Automotive Engine Oils Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Volume (2025) 12.57 Million Liters
Market Volume (2030) 15.40 Million Liters
CAGR 4.14 %
Market Concentration High

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Singapore Automotive Engine Oils Market Analysis

The Singapore Automotive Engine Oils Market size is estimated at 12.57 million liters in 2025, and is expected to reach 15.40 million liters by 2030, at a CAGR of 4.14% during the forecast period (2025-2030).

  • Largest Segment by Vehicle Type - Passenger Vehicles : High usage rates of passenger vehicles and the frequency of service needs have led to the segment being the largest among all vehicle types, in terms of lubricant demand.
  • Fastest Segment by Vehicle Type - Motorcycles : The anticipated robust rebound in motorcycle usage and sales in Singapore, starting in 2021, is expected to boost motorcycle engine oil consumption over the forecast period.

Singapore Automotive Engine Oils Industry Overview

The Singapore Automotive Engine Oils Market is moderately consolidated, with the top five companies occupying 48.61%. The major players in this market are BP Plc (Castrol), Chevron Corporation, ExxonMobil Corporation, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).

Singapore Automotive Engine Oils Market Leaders

  1. BP Plc (Castrol)

  2. Chevron Corporation

  3. ExxonMobil Corporation

  4. Royal Dutch Shell Plc

  5. TotalEnergies

  6. *Disclaimer: Major Players sorted in no particular order
Singapore Automotive Engine Oils Market Concentration
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Singapore 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.
  • September 2021: ExxonMobil Asia Pacific Pte Ltd established the MobilSM Fleet Care (MFC) program for its lubricant clients, which provides fleet owners and operators with a holistic picture of their fleet's operating performance.
  • May 2021: Suzuki Singapore partnered with Motul to unveil the all-new Suzuki Swift Sports Car with Motul's high-performance lubricants. Customers would receive a complimentary upgrade to Motul's engine oils for an entire year.

Singapore 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 AP Oil
    • 5.3.2 BP Plc (Castrol)
    • 5.3.3 Chevron Corporation
    • 5.3.4 ENEOS Corporation
    • 5.3.5 ExxonMobil Corporation
    • 5.3.6 Idemitsu Kosan Co. Ltd
    • 5.3.7 Motul
    • 5.3.8 Repsol
    • 5.3.9 Royal Dutch Shell Plc
    • 5.3.10 TotalEnergies
  • *List Not Exhaustive

6. Appendix

  • 6.1 Appendix-1 References
  • 6.2 Appendix-2 List of Tables & Figures

7. Key Strategic Questions for Lubricants CEOs

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Singapore Automotive Engine Oils Industry Segmentation

By Vehicle Type Commercial Vehicles
Motorcycles
Passenger Vehicles
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Singapore Automotive Engine Oils Market Research FAQs

How big is the Singapore Automotive Engine Oils Market?

The Singapore Automotive Engine Oils Market size is expected to reach 12.57 million Liters in 2025 and grow at a CAGR of 4.14% to reach 15.40 million Liters by 2030.

What is the current Singapore Automotive Engine Oils Market size?

In 2025, the Singapore Automotive Engine Oils Market size is expected to reach 12.57 million Liters.

Who are the key players in Singapore Automotive Engine Oils Market?

BP Plc (Castrol), Chevron Corporation, ExxonMobil Corporation, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the Singapore Automotive Engine Oils Market.

What years does this Singapore Automotive Engine Oils Market cover, and what was the market size in 2024?

In 2024, the Singapore Automotive Engine Oils Market size was estimated at 12.05 million Liters. The report covers the Singapore Automotive Engine Oils Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Singapore Automotive Engine Oils Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Singapore Automotive Engine Oils Industry Report

Statistics for the 2025 Singapore Automotive Engine Oils market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Singapore 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.