"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Automotive Fluids Market Size, Share & Industry Analysis, By Type (Engine Oil, Gear Oil, Transmission Fluids, Brake Fluids, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105238 | Status : Ongoing



Automotive fluids help a vehicle to keep up its performance by lubricating parts. Automotive fluids consist of engine oil, transmission fluids, brake fluids, and others. Transmission fluid maintains the transmission functioning properly by lubricating the components and hindering from damaging through friction. Dirty lubricants can cause braking system damage. It should be emptied and replaced timely with new, clean fluid. Brake fluid is required to keep braking system in good working order. There are also engine oils that lubricate the engine, restricting friction and heat damage. All of these fluids contribute to the proper operation of automobiles.

The automotive lubricants market is expanding as demand for engine oils, brake fluids, and transmission fluids rises in both commercial and consumer vehicles. Soaring demand for ultra - light and elevated performance vehicles in developing economies, combined with rising disposable income, is expected to drive the market growth. However, fluctuating supply of crude oil is limiting growth of the market. Also, shifting preference towards electric vehicles is likely to challenge growth of the market during the forecast period.

Key Market Driver -

Increased demand for light weight vehicles is expected to drive the market.

Key Market Restraint -

Fluctuation in raw material supply is likely to restrict the market growth.

Market Segmentation:

Based on type the market for automotive fluids is further segmented into engine oil, gear oil, transmission fluids, brake fluids, and others. From a geographical standpoint, the market is categorized to North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global & regional players operating in the automotive fluids market includes, ExxonMobil, Royal Dutch Shell, Total SA, Chevron Corp., Fuchs Group, Lukoil, Valvoline, Sinopec, and British Petroleum.

Key Insights

  • New Advancements in Production Technologies

  • Key Trends in the automotive fluids market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market

Regional Analysis:

Asia Pacific secures the largest market share in the automotive fluid market. The growing demand for vehicles in countries such as China and India is expected to stimulate demand for automotive fluids. Companies are setting up manufacturing facilities in these countries in order to meet local demand. For example, BASF initiated an automotive brake fluid manufacturing plant in Pudong, Shanghai to meet local customer demand. The high demand for gear oil has resulted in market expansion in North America. ABRO Industries, Inc., introduced gear oils with higher effective stocks with the aim of providing enhanced oxidation stability and high durability. The oil has a number of outstanding properties, including anti-foaming, oxidation, and metal wear resistance in automobiles. Rising per capita income and a growing need for personalized transportation have fuelled passenger car sales in Europe. The Middle East is one of the world's most influential markets for vehicle companies. Automotive companies are focusing to maximize customer base in these regions, which eventually impacts the demand for the automotive fluids for better performance. Saudi Arabia remains a critical market for American automakers. In Latin America. Favourable demand for vehicles in Brazil, Mexico, Argentina is likely to boost sale of automotive fluids in the near future.

To gain extensive insights into the market, Request for Customization




By Type

  • Engine Oil

  • Gear Oil

  • Transmission Fluids

  • Brake Fluids

  • Others

By Geography

  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Automotive Fluids Industry Developments

  • In January 2020, ExxonMobil Lubricants signed a deal with Nissan Motor India to provide the lubricants for the passenger vehicle. This collaboration would provide cutting-edge lubricant technology to Nissan engines, allowing them to run more efficiently. This would enable the company to elevate the most recent range of engine oils to meet specific design requirements.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

LG Chem

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.