Global Automotive Engine Oil Market Size & Outlook

The global automotive engine oil market size was estimated at USD 39,786.7 million in 2024 and is projected to reach USD 47,704.0 million by 2030, growing at a CAGR of 3% from 2025 to 2030.
Revenue, 2024 (US$M)
$39,786.7
Forecast, 2030 (US$M)
$47,704.0
CAGR, 2025 - 2030
3%
Report Coverage
Worldwide

Global automotive engine oil market highlights

  • The global automotive engine oil market generated a revenue of USD 39,786.7 million in 2024 and is expected to reach USD 47,704.0 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 3% by 2030.
  • In terms of segment, fully-synthetic accounted for a revenue of USD 15,060.5 million in 2024.
  • Fully-synthetic is the most lucrative grade segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 39,786.7 million
Market revenue in 2030USD 47,704.0 million
Growth rate3% (CAGR from 2025 to 2030)
Largest segmentFully-synthetic
Fastest growing segmentFully-synthetic
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMineral, Semi Synthetic, Fully-synthetic

Other key industry trends

  • In terms of revenue, the North America accounted for 20.2% of the global automotive engine oil market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 2,310.6 million by 2030.

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Automotive Engine Oil Market Companies

Name Profile # Employees HQ Website
Motul View profile 501-1000 Aubervilliers, Ile-de-France, France, Europe https://www.motultech.com
Castrol View profile 5001-10000 Sunbury-on-thames, Surrey, United Kingdom, Europe https://www.castrol.com
LUKOIL View profile 10001+ Moscow, Moscow City, Russian Federation, Europe http://www.lukoil.com/#
AMSOIL View profile 251-500 Superior, Wisconsin, United States, North America http://amsoil.com
Suncor Energy Inc View profile 14906 150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, Canada, T2P 3E3 https://www.suncor.com
Valvoline Inc View profile 9600 100 Valvoline Way, Suite 100, Lexington, KY, United States, 40509 https://www.valvoline.com
Petroliam Nasional Berhad View profile 10001+ Kuala Lumpur, Kuala Lumpur, Malaysia, Asia http://petronas.com
Repsol SA View profile 25113 Calle Mendez Alvaro, 44, Madrid, Spain, 28045 https://www.repsol.com
China Petroleum & Chemical Corp Class H View profile 368450 No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, China, People's Republic of, 100728 http://www.sinopec.com
Fuchs SE ADR (Representing Pref. Shares) View profile 6338 Einsteinstraße 11, Mannheim, Germany, 68169 https://www.fuchs.com
BP PLC View profile 87800 1 St James's Square, London, United Kingdom, SW1Y 4PD https://www.bp.com
Shell PLC View profile 100000 Shell Centre, London, United Kingdom, SE1 7NA https://www.shell.com
TotalEnergies SE View profile 100000 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 https://www.totalenergies.com
Chevron Corp View profile 45600 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 https://www.chevron.com
Exxon Mobil Corp View profile 61500 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 https://www.exxonmobil.com

Global automotive engine oil market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive engine oil market will help companies and investors design strategic landscapes.


Fully-synthetic was the largest segment with a revenue share of 37.85% in 2024. Horizon Databook has segmented the Global automotive engine oil market based on mineral, semi synthetic, fully-synthetic covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Automotive Engine Oil Grade Outlook (Revenue, USD Million, 2018-2030)
    • Mineral
    • Semi Synthetic
    • Fully-synthetic
  • Global Automotive Engine Oil Engine Type Outlook (Revenue, USD Million, 2018-2030)
    • Alternative Fuel
    • Gasoline
    • Diesel
  • Global Automotive Engine Oil Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
    • Motorcycle
    • Passenger Cars
    • Light Commercial Vehicles
    • Heavy Duty Vehicles
      • On-Highway Vehicles
      • Off-Highway Vehicles

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Target buyers of Global automotive engine oil market databook

  • Our clientele includes a mix of automotive engine oil market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive engine oil market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive engine oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global automotive engine oil market size, by regions, 2018-2030 (US$M)

Top 10 countries: Automotive engine oil market size, 2024 (US$M)

Global automotive engine oil market share, by grade, 2024 & 2030 (%, US$M)

Automotive engine oil market: Opportunity assessment by country

Global automotive engine oil market, by region, 2024 (US$M)

Global automotive engine oil market size, by regions, 2018-2030 (US$M)

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