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Engine Oils-Global Market Insights and Sales Trends 2025

Engine Oils-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1818827

No of Pages : 114

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Synopsis
Motor oil, engine oil, or engine lubricant is any one of various substances that consist of base oils enhanced with various additives, particularly antiwear additives, detergents, dispersants, and, for multi-grade oils, viscosity index improvers. Motor oil is used for lubrication of internal combustion engines. The main function of motor oil is to reduce friction and wear on moving parts and to clean the engine from sludge (one of the functions of dispersants) and varnish (detergents). It also neutralizes acids that originate from fuel and from oxidation of the lubricant (detergents), improves sealing of piston rings, and cools the engine by carrying heat away from moving parts.
The global Engine Oils market size is expected to reach US$ 35150 million by 2029, growing at a CAGR of 1.4% from 2023 to 2029. The market is mainly driven by the significant applications of Engine Oils in various end use industries. The expanding demands from the Automotive and Industrial, are propelling Engine Oils market. Single-grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Multi-grade segment is estimated at % CAGR for the next seven-year period.
Global key players of Engine Oil are Shell, Exxon Mobil, BP, etc. Among them, Shell is the biggest manufacturer with a share 15 %. North America, Europe, Asia-Pacific occupy most of market share. Each of them takes more than 30%, while Middle East and Africa takes only 3%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Engine Oils, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Engine Oils market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Engine Oils market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Engine Oils sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Engine Oils covered in this report include Shell, Exxon Mobil, BP, Total Lubricants, Axel Christiernsson, Chevron, FUCHS, LUKOIL and SKF, etc.
The global Engine Oils market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Shell
Exxon Mobil
BP
Total Lubricants
Axel Christiernsson
Chevron
FUCHS
LUKOIL
SKF
JX Nippon Oil & Energy Corporation
Petro-Canada
Indian Oil Corporation
Quaker Chemical
Southwestern Petroleum Corporation
Klüber
Dow Corning
Sinopec
CNPC
CNOOC
Global Engine Oils market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Engine Oils market, Segment by Type:
Single-grade
Multi-grade
Global Engine Oils market, by Application
Automotive
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Engine Oils manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Engine Oils in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Engine Oils Market Overview
1.1 Engine Oils Product Overview
1.2 Engine Oils Market Segment by Type
1.2.1 Single-grade
1.2.2 Multi-grade
1.3 Global Engine Oils Market Size by Type
1.3.1 Global Engine Oils Market Size Overview by Type (2018-2029)
1.3.2 Global Engine Oils Historic Market Size Review by Type (2018-2023)
1.3.3 Global Engine Oils Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Engine Oils Sales Breakdown by Type (2018-2023)
1.4.2 Europe Engine Oils Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Engine Oils Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Engine Oils Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Engine Oils Sales Breakdown by Type (2018-2023)
2 Global Engine Oils Market Competition by Company
2.1 Global Top Players by Engine Oils Sales (2018-2023)
2.2 Global Top Players by Engine Oils Revenue (2018-2023)
2.3 Global Top Players by Engine Oils Price (2018-2023)
2.4 Global Top Manufacturers Engine Oils Manufacturing Base Distribution, Sales Area, Product Type
2.5 Engine Oils Market Competitive Situation and Trends
2.5.1 Engine Oils Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Engine Oils Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Engine Oils as of 2022)
2.7 Date of Key Manufacturers Enter into Engine Oils Market
2.8 Key Manufacturers Engine Oils Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Engine Oils Status and Outlook by Region
3.1 Global Engine Oils Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Engine Oils Historic Market Size by Region
3.2.1 Global Engine Oils Sales in Volume by Region (2018-2023)
3.2.2 Global Engine Oils Sales in Value by Region (2018-2023)
3.2.3 Global Engine Oils Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Engine Oils Forecasted Market Size by Region
3.3.1 Global Engine Oils Sales in Volume by Region (2024-2029)
3.3.2 Global Engine Oils Sales in Value by Region (2024-2029)
3.3.3 Global Engine Oils Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Engine Oils by Application
4.1 Engine Oils Market Segment by Application
4.1.1 Automotive
4.1.2 Industrial
4.2 Global Engine Oils Market Size by Application
4.2.1 Global Engine Oils Market Size Overview by Application (2018-2029)
4.2.2 Global Engine Oils Historic Market Size Review by Application (2018-2023)
4.2.3 Global Engine Oils Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Engine Oils Sales Breakdown by Application (2018-2023)
4.3.2 Europe Engine Oils Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Engine Oils Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Engine Oils Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Engine Oils Sales Breakdown by Application (2018-2023)
5 North America Engine Oils by Country
5.1 North America Engine Oils Historic Market Size by Country
5.1.1 North America Engine Oils Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Engine Oils Sales in Volume by Country (2018-2023)
5.1.3 North America Engine Oils Sales in Value by Country (2018-2023)
5.2 North America Engine Oils Forecasted Market Size by Country
5.2.1 North America Engine Oils Sales in Volume by Country (2024-2029)
5.2.2 North America Engine Oils Sales in Value by Country (2024-2029)
6 Europe Engine Oils by Country
6.1 Europe Engine Oils Historic Market Size by Country
6.1.1 Europe Engine Oils Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Engine Oils Sales in Volume by Country (2018-2023)
6.1.3 Europe Engine Oils Sales in Value by Country (2018-2023)
6.2 Europe Engine Oils Forecasted Market Size by Country
6.2.1 Europe Engine Oils Sales in Volume by Country (2024-2029)
6.2.2 Europe Engine Oils Sales in Value by Country (2024-2029)
7 Asia-Pacific Engine Oils by Region
7.1 Asia-Pacific Engine Oils Historic Market Size by Region
7.1.1 Asia-Pacific Engine Oils Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Engine Oils Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Engine Oils Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Engine Oils Forecasted Market Size by Region
7.2.1 Asia-Pacific Engine Oils Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Engine Oils Sales in Value by Region (2024-2029)
8 Latin America Engine Oils by Country
8.1 Latin America Engine Oils Historic Market Size by Country
8.1.1 Latin America Engine Oils Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Engine Oils Sales in Volume by Country (2018-2023)
8.1.3 Latin America Engine Oils Sales in Value by Country (2018-2023)
8.2 Latin America Engine Oils Forecasted Market Size by Country
8.2.1 Latin America Engine Oils Sales in Volume by Country (2024-2029)
8.2.2 Latin America Engine Oils Sales in Value by Country (2024-2029)
9 Middle East and Africa Engine Oils by Country
9.1 Middle East and Africa Engine Oils Historic Market Size by Country
9.1.1 Middle East and Africa Engine Oils Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Engine Oils Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Engine Oils Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Engine Oils Forecasted Market Size by Country
9.2.1 Middle East and Africa Engine Oils Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Engine Oils Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Shell
10.1.1 Shell Company Information
10.1.2 Shell Introduction and Business Overview
10.1.3 Shell Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Shell Engine Oils Products Offered
10.1.5 Shell Recent Development
10.2 Exxon Mobil
10.2.1 Exxon Mobil Company Information
10.2.2 Exxon Mobil Introduction and Business Overview
10.2.3 Exxon Mobil Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Exxon Mobil Engine Oils Products Offered
10.2.5 Exxon Mobil Recent Development
10.3 BP
10.3.1 BP Company Information
10.3.2 BP Introduction and Business Overview
10.3.3 BP Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.3.4 BP Engine Oils Products Offered
10.3.5 BP Recent Development
10.4 Total Lubricants
10.4.1 Total Lubricants Company Information
10.4.2 Total Lubricants Introduction and Business Overview
10.4.3 Total Lubricants Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Total Lubricants Engine Oils Products Offered
10.4.5 Total Lubricants Recent Development
10.5 Axel Christiernsson
10.5.1 Axel Christiernsson Company Information
10.5.2 Axel Christiernsson Introduction and Business Overview
10.5.3 Axel Christiernsson Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Axel Christiernsson Engine Oils Products Offered
10.5.5 Axel Christiernsson Recent Development
10.6 Chevron
10.6.1 Chevron Company Information
10.6.2 Chevron Introduction and Business Overview
10.6.3 Chevron Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Chevron Engine Oils Products Offered
10.6.5 Chevron Recent Development
10.7 FUCHS
10.7.1 FUCHS Company Information
10.7.2 FUCHS Introduction and Business Overview
10.7.3 FUCHS Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.7.4 FUCHS Engine Oils Products Offered
10.7.5 FUCHS Recent Development
10.8 LUKOIL
10.8.1 LUKOIL Company Information
10.8.2 LUKOIL Introduction and Business Overview
10.8.3 LUKOIL Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.8.4 LUKOIL Engine Oils Products Offered
10.8.5 LUKOIL Recent Development
10.9 SKF
10.9.1 SKF Company Information
10.9.2 SKF Introduction and Business Overview
10.9.3 SKF Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.9.4 SKF Engine Oils Products Offered
10.9.5 SKF Recent Development
10.10 JX Nippon Oil & Energy Corporation
10.10.1 JX Nippon Oil & Energy Corporation Company Information
10.10.2 JX Nippon Oil & Energy Corporation Introduction and Business Overview
10.10.3 JX Nippon Oil & Energy Corporation Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.10.4 JX Nippon Oil & Energy Corporation Engine Oils Products Offered
10.10.5 JX Nippon Oil & Energy Corporation Recent Development
10.11 Petro-Canada
10.11.1 Petro-Canada Company Information
10.11.2 Petro-Canada Introduction and Business Overview
10.11.3 Petro-Canada Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Petro-Canada Engine Oils Products Offered
10.11.5 Petro-Canada Recent Development
10.12 Indian Oil Corporation
10.12.1 Indian Oil Corporation Company Information
10.12.2 Indian Oil Corporation Introduction and Business Overview
10.12.3 Indian Oil Corporation Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Indian Oil Corporation Engine Oils Products Offered
10.12.5 Indian Oil Corporation Recent Development
10.13 Quaker Chemical
10.13.1 Quaker Chemical Company Information
10.13.2 Quaker Chemical Introduction and Business Overview
10.13.3 Quaker Chemical Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Quaker Chemical Engine Oils Products Offered
10.13.5 Quaker Chemical Recent Development
10.14 Southwestern Petroleum Corporation
10.14.1 Southwestern Petroleum Corporation Company Information
10.14.2 Southwestern Petroleum Corporation Introduction and Business Overview
10.14.3 Southwestern Petroleum Corporation Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Southwestern Petroleum Corporation Engine Oils Products Offered
10.14.5 Southwestern Petroleum Corporation Recent Development
10.15 Klüber
10.15.1 Klüber Company Information
10.15.2 Klüber Introduction and Business Overview
10.15.3 Klüber Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Klüber Engine Oils Products Offered
10.15.5 Klüber Recent Development
10.16 Dow Corning
10.16.1 Dow Corning Company Information
10.16.2 Dow Corning Introduction and Business Overview
10.16.3 Dow Corning Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Dow Corning Engine Oils Products Offered
10.16.5 Dow Corning Recent Development
10.17 Sinopec
10.17.1 Sinopec Company Information
10.17.2 Sinopec Introduction and Business Overview
10.17.3 Sinopec Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Sinopec Engine Oils Products Offered
10.17.5 Sinopec Recent Development
10.18 CNPC
10.18.1 CNPC Company Information
10.18.2 CNPC Introduction and Business Overview
10.18.3 CNPC Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.18.4 CNPC Engine Oils Products Offered
10.18.5 CNPC Recent Development
10.19 CNOOC
10.19.1 CNOOC Company Information
10.19.2 CNOOC Introduction and Business Overview
10.19.3 CNOOC Engine Oils Sales, Revenue and Gross Margin (2018-2023)
10.19.4 CNOOC Engine Oils Products Offered
10.19.5 CNOOC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Engine Oils Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Engine Oils Industrial Chain Analysis
11.4 Engine Oils Market Dynamics
11.4.1 Engine Oils Industry Trends
11.4.2 Engine Oils Market Drivers
11.4.3 Engine Oils Market Challenges
11.4.4 Engine Oils Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Engine Oils Distributors
12.3 Engine Oils Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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