Automotive Lubricant is a fluidic material that reduces friction between work surface in contact. According to BlueQuark Research & Consulting, the global automotive lubricants market is expected to witness a significant growth rate during the forecast period. Factors like the increasing demand for efficient automotive vehicles due to the rising oil prices are anticipated to drive the automotive lubricants market in the forecasted years. Further, this rising demand is attributed to the growing need for high-performance engines. Furthermore, the increasing construction industry is also expected to drive the demand for commercial vehicles for construction activities, thus growing the demand for the automotive lubricants market in the forecasted periods. Engine oil is the most extensively worn segment for the automotive lubricant industry. However, the raises in sales for battery electric vehicles and the increasing demand for hybrid engines that could decrease the need for engine oil are expected to hamper the global automotive lubricant growth in the forecasted periods.

Automotive lubricants are worn in the automotive sector in engine oil, hydraulic fluids, grease, brake fluids, and gear oil.

Engine Oil is primarily utilized in automotive Lubricants globally and is expected to propel the global automotive lubricants market growth. The main motive of engine oil is to minimize wear and friction on moving parts and clean the engine from varnish and sludge. Engine oils are extensively used to lubricate internal combustion engines and are generally constitute 75-90% base oils and 10-25% additives. They are typically worn for applications like wear reduction, corrosion protection, and smooth operation of engine internals. They operate by creating a thin film between the moving parts to enhance the transfer of heat and reduce tension during parts' contact. It also helps to neutralize acids that generate from fuel and oxidation of lubricants, thus enhancing the sealing of piston rings. Between technology developments and government-mandated fuel economy requirements, automakers have been producing light vehicles with tight tolerances, making them more durable. High-mileage engine oils have been in demand lately, owing to the properties that help prevent oil leaks and reduce oil consumption. The light motor vehicles segment has an excessive consumption rate of engine oils among all parts. Heavy-duty motor vehicles engine oils are high-viscosity engine oils used in on-highway and off-highway heavy vehicle applications. These engine oils are produced to help sustain extreme geographical and strict emission standards. Engine oil plays a crucial role in cooling the engine by extracting heat away from moving parts. The rising crude oil prices have forced people to choose high mileage engine oils as it helps to obstruct oil leaks and reduce oil consumption. The growing car age globally promotes the use of engine oils and other lubricants to maintain the efficiency and performance of the vehicle. The recommended engine oil change period is about 5,000 to 7,500 miles to enhance the drive experience. Due to the rapid urbanization in emerging countries like China and India, commercial vehicles such as trucks, tractors, and trailers are on the surge. Due to the increased engine oil change intervals, technological advancements are imposing a threat to the developments of the engine oil segment in terms of volume consumption. These factors are expected to drive the need for automotive lubricants in the forecasted period.

Major global players are Royal Dutch Shell International, Chevron Corporation, Phillips Company, Kluber Oil International, ExxonMobil Corporation, Hindustan Corporation Limited (HPCL), and China National Petroleum Corporation.

The Asia-Pacific region is awaited to be the most prominent automotive lubricant market due to the growth in demand for the automotive industry. Owing to the increasing population in the area, the need for automotive vehicles is increasing. The government is focusing on replacing obsolete cars, increasing the demand for ameliorating and high-performance lubricants. At the coinciding, India is the second-largest lubricant market in the area and the third-largest globally. Since China's growth rate had been impressive in the last decades, the following decade is also projected to witness the same rise, making China a leader in Automotive Lubricants demand. Further, China has the most leading automotive industry and is expected to consolidate its prime Automotive Lubricants market. The engine is popularly called the heart of a vehicle, and engine oil plays a crucial role in the engine's proper functioning in an automobile. Engine oil helps in the appropriate functioning of the moving parts and keeps the engine cool. Frequent changing of engine oils is a necessary task to improve the engine's life span and avoid the buildup of sludge and pollutant in the machine. As these contaminants can seriously damage the functioning of the engine and vehicle or even lead to an engine replacement, vehicle owners willingly change engine oils at regular intervals to avoid any haphazard and trouble. Thus, there is high adoption of engine oils compared to other products. It is expected to continue its dominance over the forecast period due to the high number of gasoline and diesel engine vehicles on the road. With the instant industrialization in the region, the need for a commercial vehicle for commercial purposes is also growing. This rise in demand is assigned to the surging construction activities in the Asia Pacific region. China has been funding massive infrastructural projects worldwide, which is anticipated to further strengthen its place as the focus change from the west to the east after the start of the 21st century. China-funded Sri-Lanka's Hambantota port, 250 km south of Colombo, whose cost was approximately USD 1.4 billion.

In March 2021, Shell and Maserati extended their long-standing technical and commercial collaboration to launch the Shell Helix Ultra Hybrid 0W-30 oil for Maserati hybrid engines. This fresh product will be available in Europe and Asia from official Maserati dealerships.

Global Automotive Lubricants Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Automotive lubricants market by segmenting based on the Application (Engine Oil, Gear Oil, Hydraulic Oil, Greases, Brake Fluids, Others), Type (Synthetic Lubricants, Mineral Oil, Biobased Lubricants)), and Geography (Asia-Pacific, North America, and Europe). The report calculates the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, market share, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.