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 Oil market size was valued at US$ 33240 million in 2023 and is forecast to a readjusted size of USD 36510 million by 2030 with a CAGR of 1.4% during review 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%.
This report is a detailed and comprehensive analysis for global Engine Oil market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Engine Oil market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Engine Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Engine Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Engine Oil market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Engine Oil
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Engine Oil market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Shell, Exxon Mobil, BP, Total, Chevron Corporation, Lukoil, Sinopec Lubricant, Valvoline, CNPC, Petronas, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Engine Oil market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Mineral Oil
Synthesis Oil
Market segment by Application
Commercial Vehicle
Passenger Car
Motorcycle
Major players covered
Shell
Exxon Mobil
BP
Total
Chevron Corporation
Lukoil
Sinopec Lubricant
Valvoline
CNPC
Petronas
SK Lubricants
FUCHS
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Engine Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Engine Oil, with price, sales quantity, revenue, and global market share of Engine Oil from 2019 to 2024.
Chapter 3, the Engine Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Engine Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Engine Oil market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Engine Oil.
Chapter 14 and 15, to describe Engine Oil sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Engine Oil Consumption Value by Type: 2019 Versus 2023 Versus 2030
1.3.2 Mineral Oil
1.3.3 Synthesis Oil
1.4 Market Analysis by Application
1.4.1 Overview: Global Engine Oil Consumption Value by Application: 2019 Versus 2023 Versus 2030
1.4.2 Commercial Vehicle
1.4.3 Passenger Car
1.4.4 Motorcycle
1.5 Global Engine Oil Market Size & Forecast
1.5.1 Global Engine Oil Consumption Value (2019 & 2023 & 2030)
1.5.2 Global Engine Oil Sales Quantity (2019-2030)
1.5.3 Global Engine Oil Average Price (2019-2030)
2 Manufacturers Profiles
2.1 Shell
2.1.1 Shell Details
2.1.2 Shell Major Business
2.1.3 Shell Engine Oil Product and Services
2.1.4 Shell Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Shell Recent Developments/Updates
2.2 Exxon Mobil
2.2.1 Exxon Mobil Details
2.2.2 Exxon Mobil Major Business
2.2.3 Exxon Mobil Engine Oil Product and Services
2.2.4 Exxon Mobil Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Exxon Mobil Recent Developments/Updates
2.3 BP
2.3.1 BP Details
2.3.2 BP Major Business
2.3.3 BP Engine Oil Product and Services
2.3.4 BP Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 BP Recent Developments/Updates
2.4 Total
2.4.1 Total Details
2.4.2 Total Major Business
2.4.3 Total Engine Oil Product and Services
2.4.4 Total Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Total Recent Developments/Updates
2.5 Chevron Corporation
2.5.1 Chevron Corporation Details
2.5.2 Chevron Corporation Major Business
2.5.3 Chevron Corporation Engine Oil Product and Services
2.5.4 Chevron Corporation Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Chevron Corporation Recent Developments/Updates
2.6 Lukoil
2.6.1 Lukoil Details
2.6.2 Lukoil Major Business
2.6.3 Lukoil Engine Oil Product and Services
2.6.4 Lukoil Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Lukoil Recent Developments/Updates
2.7 Sinopec Lubricant
2.7.1 Sinopec Lubricant Details
2.7.2 Sinopec Lubricant Major Business
2.7.3 Sinopec Lubricant Engine Oil Product and Services
2.7.4 Sinopec Lubricant Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Sinopec Lubricant Recent Developments/Updates
2.8 Valvoline
2.8.1 Valvoline Details
2.8.2 Valvoline Major Business
2.8.3 Valvoline Engine Oil Product and Services
2.8.4 Valvoline Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Valvoline Recent Developments/Updates
2.9 CNPC
2.9.1 CNPC Details
2.9.2 CNPC Major Business
2.9.3 CNPC Engine Oil Product and Services
2.9.4 CNPC Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 CNPC Recent Developments/Updates
2.10 Petronas
2.10.1 Petronas Details
2.10.2 Petronas Major Business
2.10.3 Petronas Engine Oil Product and Services
2.10.4 Petronas Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Petronas Recent Developments/Updates
2.11 SK Lubricants
2.11.1 SK Lubricants Details
2.11.2 SK Lubricants Major Business
2.11.3 SK Lubricants Engine Oil Product and Services
2.11.4 SK Lubricants Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 SK Lubricants Recent Developments/Updates
2.12 FUCHS
2.12.1 FUCHS Details
2.12.2 FUCHS Major Business
2.12.3 FUCHS Engine Oil Product and Services
2.12.4 FUCHS Engine Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 FUCHS Recent Developments/Updates
3 Competitive Environment: Engine Oil by Manufacturer
3.1 Global Engine Oil Sales Quantity by Manufacturer (2019-2024)
3.2 Global Engine Oil Revenue by Manufacturer (2019-2024)
3.3 Global Engine Oil Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.4.1 Producer Shipments of Engine Oil by Manufacturer Revenue ($MM) and Market Share (%): 2023
3.4.2 Top 3 Engine Oil Manufacturer Market Share in 2023
3.4.3 Top 6 Engine Oil Manufacturer Market Share in 2023
3.5 Engine Oil Market: Overall Company Footprint Analysis
3.5.1 Engine Oil Market: Region Footprint
3.5.2 Engine Oil Market: Company Product Type Footprint
3.5.3 Engine Oil Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Engine Oil Market Size by Region
4.1.1 Global Engine Oil Sales Quantity by Region (2019-2030)
4.1.2 Global Engine Oil Consumption Value by Region (2019-2030)
4.1.3 Global Engine Oil Average Price by Region (2019-2030)
4.2 North America Engine Oil Consumption Value (2019-2030)
4.3 Europe Engine Oil Consumption Value (2019-2030)
4.4 Asia-Pacific Engine Oil Consumption Value (2019-2030)
4.5 South America Engine Oil Consumption Value (2019-2030)
4.6 Middle East & Africa Engine Oil Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global Engine Oil Sales Quantity by Type (2019-2030)
5.2 Global Engine Oil Consumption Value by Type (2019-2030)
5.3 Global Engine Oil Average Price by Type (2019-2030)
6 Market Segment by Application
6.1 Global Engine Oil Sales Quantity by Application (2019-2030)
6.2 Global Engine Oil Consumption Value by Application (2019-2030)
6.3 Global Engine Oil Average Price by Application (2019-2030)
7 North America
7.1 North America Engine Oil Sales Quantity by Type (2019-2030)
7.2 North America Engine Oil Sales Quantity by Application (2019-2030)
7.3 North America Engine Oil Market Size by Country
7.3.1 North America Engine Oil Sales Quantity by Country (2019-2030)
7.3.2 North America Engine Oil Consumption Value by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
8.1 Europe Engine Oil Sales Quantity by Type (2019-2030)
8.2 Europe Engine Oil Sales Quantity by Application (2019-2030)
8.3 Europe Engine Oil Market Size by Country
8.3.1 Europe Engine Oil Sales Quantity by Country (2019-2030)
8.3.2 Europe Engine Oil Consumption Value by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
9.1 Asia-Pacific Engine Oil Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Engine Oil Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific Engine Oil Market Size by Region
9.3.1 Asia-Pacific Engine Oil Sales Quantity by Region (2019-2030)
9.3.2 Asia-Pacific Engine Oil Consumption Value by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 South Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
10.1 South America Engine Oil Sales Quantity by Type (2019-2030)
10.2 South America Engine Oil Sales Quantity by Application (2019-2030)
10.3 South America Engine Oil Market Size by Country
10.3.1 South America Engine Oil Sales Quantity by Country (2019-2030)
10.3.2 South America Engine Oil Consumption Value by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
11.1 Middle East & Africa Engine Oil Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Engine Oil Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa Engine Oil Market Size by Country
11.3.1 Middle East & Africa Engine Oil Sales Quantity by Country (2019-2030)
11.3.2 Middle East & Africa Engine Oil Consumption Value by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
12.1 Engine Oil Market Drivers
12.2 Engine Oil Market Restraints
12.3 Engine Oil Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Engine Oil and Key Manufacturers
13.2 Manufacturing Costs Percentage of Engine Oil
13.3 Engine Oil Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Engine Oil Typical Distributors
14.3 Engine Oil Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Shell
Exxon Mobil
BP
Total
Chevron Corporation
Lukoil
Sinopec Lubricant
Valvoline
CNPC
Petronas
SK Lubricants
FUCHS
听
听
*If Applicable.
