United States Automotive Lubricants Market - Size, Share, Forecast & Covid-19 Impact (2015 - 2026)

The United States Automotive Lubricants Market is segmented by Vehicle Type ( Commercial Vehicles, Motorcycles, Passenger Vehicles ) and by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Transmission Oils )

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Market Snapshot

https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2015 - 2026
https://s3.mordorlabs.com/base%20year/1629296433432_test~base_year_base_year.svg Base Year: 2020
https://s3.mordorlabs.com/passenger_vehicles/1629285650768_test~passenger_vehicles_passenger_vehicles.svg Largest Share by Vehicle Type: Passenger Vehicles
https://s3.mordorlabs.com/passenger_vehicles/1629285650768_test~passenger_vehicles_passenger_vehicles.svg Fastest Growing by Vehicle Type: Passenger Vehicles
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 2.89 %

Key Players

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Market Overview

The United States Automotive Lubricants Market is at 3.11 billion liters in 2021 and is projected to register a CAGR of 2.89% to reach 3.59 billion liters in 2026. In the first half of 2020, while lockdown was imposed, the sales of street motorcycles recorded a decline of 23%, as compared to 2019. However, off-road bikes and dual-sport bikes recorded a surge in sales by 30% and 20.9%, respectively, compared to the previous year's counterpart period.

  • Largest Segment by Vehicle Type - Passenger Vehicles : The highest proportion of passenger vehicle population in the United States is attributed to the highest lubricant consumption in the passenger vehicles sector in the country.
  • 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 and, thereby, boost their lubricant consumption.
  • Largest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and low drain interval, as it is used for high-temperature and high-pressure applications.
  • Fastest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and low drain interval, as it is used for high-temperature and high-pressure applications.

Scope of the Report

By Vehicle Type
Commercial Vehicles
Motorcycles
Passenger Vehicles
By Product Type
Engine Oils
Greases
Hydraulic Fluids
Transmission Oils

Report scope can be customized per your requirements. Click here.

Key Market Trends

Largest Segment By Vehicle Type : Passenger Vehicles

  • Among all vehicle types, passenger vehicles account for more than 90% of the total on-road vehicles, generating the highest demand for lubricants in the US market. Moreover, the passenger vehicle segment is likely to witness the highest CAGR of 3.21% in the lubricants market over the forecast period.
  • During 2015-2020, automotive lubricant consumption observed fluctuations due to volatile sales and production trends, with a drastic decline during 2020 due to the pandemic. Additionally, the high penetration of synthetic lubricants with long drain intervals negatively affected the growth of lubricant consumption in the country.
  • Factors, such as the expected rebound in sales and favorable government policies, like USMCA and CARS, are expected to drive automotive production and sales in the domestic market and generate demand for lubricants over the forecast period.

Competitive Landscape

The United States Automotive Lubricants Market is fairly consolidated, with the top five companies occupying 69.84%. The major players in this market are BP PLC (Castrol), Exxon Mobil Corporation, Phillips 66 Lubricants, Royal Dutch Shell and Valvoline Inc. (sorted alphabetically).

Major Players

*Disclaimer: Major Players are sorted alphabetically

Recent Developments

  • June 2021: TotalEnergies and Stellantis group renewed their partnership for cooperation across different segments. Along with the renewal of partnerhips with Peugeot, Citroën, and DS Automobiles, the new collaboration extends to Opel, and Vauxhall as well. This partnership includes the development and innovation of lubricants, first-fill in Stellantis group vehicles, recommendation of Quartz lubricants, and shared usage of charging stations operated by TotalEnergies, among others.
  • May 2021: CITGO Lubricants launched its new motor oils (SuperGard) to meet the ILSAC GF-6 Motor Oils Standard. These oils address the requirement for improved mileage and upgraded motor abilities for passenger vehicles.
  • April 2021: TOTAL QUARTZ products were expected to be upgraded to meet the upcoming API specifications. The advancement is likely to be introduced to battle LSPI issues and provide definitive motor security. The company is expected to overhaul the current API SN items to have the new API SN Plus product innovation.

Table of Contents

  1. 1. Executive Summary & Key Findings

  2. 2. Introduction

    1. 2.1 Study Assumptions & Market Definition

    2. 2.2 Scope of the Study​

    3. 2.3 Research Methodology

  3. 3. Key Industry Trends

    1. 3.1 Automotive Industry Trends

      1. 3.1.1 Overall Vehicles

      2. 3.1.2 Commercial Vehicles

      3. 3.1.3 Motorcycles

      4. 3.1.4 Passenger Vehicles

    2. 3.2 Regulatory Framework

      1. 3.2.1 United States

    3. 3.3 Value Chain & Distribution Channel Analysis

  4. 4. Market Segmentation

    1. 4.1 By Vehicle Type

      1. 4.1.1 Commercial Vehicles

      2. 4.1.2 Motorcycles

      3. 4.1.3 Passenger Vehicles

    2. 4.2 By Product Type

      1. 4.2.1 Engine Oils

      2. 4.2.2 Greases

      3. 4.2.3 Hydraulic Fluids

      4. 4.2.4 Transmission Oils

  5. 5. Competitive Landscape

    1. 5.1 Key Strategic Moves

    2. 5.2 Market Share Analysis

    3. 5.3 Company Profiles

      1. 5.3.1 AMSOIL Inc.

      2. 5.3.2 BP PLC (Castrol)

      3. 5.3.3 Chevron Corporation

      4. 5.3.4 CITGO

      5. 5.3.5 Exxon Mobil Corporation

      6. 5.3.6 Motul

      7. 5.3.7 Phillips 66 Lubricants

      8. 5.3.8 Royal Dutch Shell

      9. 5.3.9 TotalEnergies

      10. 5.3.10 Valvoline Inc.

  6. 6. Appendix

    1. 6.1 Appendix-1 References

    2. 6.2 Appendix-2 List of Tables & Figures

  7. 7. Key Strategic Questions for Lubricants CEOs

List of Tables & Figures

    Figure 1:  

    VEHICLE POPULATION, NUMBER OF UNITS, UNITED STATES, 2015 - 2026

    Figure 2:  

    VEHICLE POPULATION, NUMBER OF UNITS, UNITED STATES, 2015 - 2026

    Figure 3:  

    COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, UNITED STATES, 2015 - 2026

    Figure 4:  

    MOTORCYCLES POPULATION, NUMBER OF UNITS, UNITED STATES, 2015 - 2026

    Figure 5:  

    PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, UNITED STATES, 2015 - 2026

    Figure 6:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, BY VEHICLE TYPE, 2015-2026

    Figure 7:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 8:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, COMMERCIAL VEHICLES, 2015-2026

    Figure 9:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, COMMERCIAL VEHICLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 10:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, MOTORCYCLES, 2015-2026

    Figure 11:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, MOTORCYCLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 12:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, PASSENGER VEHICLES, 2015-2026

    Figure 13:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, PASSENGER VEHICLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 14:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, BY PRODUCT TYPE, 2015-2026

    Figure 15:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 16:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, ENGINE OILS, 2015-2026

    Figure 17:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, ENGINE OILS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 18:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, GREASES, 2015-2026

    Figure 19:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, GREASES, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 20:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, HYDRAULIC FLUIDS, 2015-2026

    Figure 21:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, HYDRAULIC FLUIDS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 22:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, TRANSMISSION OILS, 2015-2026

    Figure 23:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, TRANSMISSION OILS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 24:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021

    Figure 25:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 26:  

    UNITED STATES AUTOMOTIVE LUBRICANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2019

Market Definition

  • Vehicle Types - Passenger Vehicles, Commercial Vehicles and Motorcycles are the vehicle types considered under the automotive lubricants market.
  • Product Types - For the purpose of this study, lubricant products such as engine oils, transmission oils, greases and hydraulic fluids are taken into consideration.
  • Service Refill - Service refill is the primary factor considered while accounting the lubricant consumption for each of the vehicle segments, under the study.
  • Factory Fill - First lubricant fill-ups for newly produced vehicles are considered.

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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

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Frequently Asked Questions

The United States Automotive Lubricants Market market is studied from 2015 - 2026.

The United States Automotive Lubricants Market is at 3.11 billion liters in 2021 and is projected to register a CAGR of 2.89% to reach 3.59 billion liters in 2026. In the first half of 2020, while lockdown was imposed, the sales of street motorcycles recorded a decline of 23%, as compared to 2019. However, off-road bikes and dual-sport bikes recorded a surge in sales by 30% and 20.9%, respectively, compared to the previous year's counterpart period.

The highest proportion of passenger vehicle population in the United States is attributed to the highest lubricant consumption in the passenger vehicles sector in the country.

As the social distancing measures are being slowly eased in the country, the usage of passenger vehicles is likely to increase and, thereby, boost their lubricant consumption.

Engine oil is the leading product type due to its high volume requirements and low drain interval, as it is used for high-temperature and high-pressure applications.

Engine oil is the leading product type due to its high volume requirements and low drain interval, as it is used for high-temperature and high-pressure applications.

BP PLC (Castrol),Exxon Mobil Corporation,Phillips 66 Lubricants,Royal Dutch Shell and Valvoline Inc.. are the major companies operating in United States Automotive Lubricants Market.