United States Automotive Engine Oils Market Size

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

Market Size of United States Automotive Engine Oils Industry

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Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 2.92 Billion Liters
Market Volume (2026) 2.97 Billion Liters
CAGR (2024 - 2026) 0.85 %
Market Concentration High
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US Automotive Engine Oil Market Analysis

The United States Automotive Engine Oils Market size is estimated at 2.92 Billion Liters in 2024, and is expected to reach 2.97 Billion Liters by 2026, growing at a CAGR of 0.85% during the forecast period (2024-2026).

  • Largest Segment by Vehicle Type - Passenger Vehicles : The highest proportion of passenger vehicle population in the United States is attributed to the highest engine oil consumption in the passenger vehicles segment.
  • Fastest Segment by Vehicle Type - Passenger Vehicles : As the social distancing measures are being slowly eased in the country, the usage of passenger vehicles is likely to increase, thereby boosting their engine oil consumption.

US Automotive Engine Oil Market Size & Share Analysis - Growth Trends & Forecasts Up To 2026