Market revenue in 2022 | USD 1,018.4 million |
Market revenue in 2030 | USD 1,295.5 million |
Growth rate | 3.1% (CAGR from 2022 to 2030) |
Largest segment | Engine oil |
Fastest growing segment | Brake Fluids |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Greases, Engine oil, Gear oil, Transmission Fluids, Brake Fluids, Coolants |
Key market players worldwide | Exxon Mobil Corp, BP Castrol KK, Shell PLC, Repsol SA, Sasol, Cepsa, Fuchs SE Registered Shares, LUKOIL, Indian Oil Corporation, Hindustan Petroleum Corporation Limited, Phillips 66 |
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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 lubricants market will help companies and investors design strategic landscapes.
Engine oil was the largest segment with a revenue share of 50.68% in 2022. Horizon Databook has segmented the Canada automotive lubricants market based on greases, engine oil, gear oil, transmission fluids, brake fluids, coolants covering the revenue growth of each sub-segment from 2018 to 2030.
The new era of automotive digitalization has prompted sales of connected & intelligent cars with integrated electronic systems that provide greater control & safety features for consumers. Lubricants are expected to benefit from the rise in high maintenance automobiles, especially in Canada, as consumers willingly opt for such advanced passenger cars. These factors are anticipated to propel lubricants consumption in automotive applications across the region.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada automotive lubricants market , including forecasts for subscribers. This country databook contains high-level insights into Canada automotive lubricants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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