Market Size of India Automotive Lubricants Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| CAGR (2024 - 2026) | 4.00 % |
| Fastest Growing Market | Commercial Vehicles |
| Largest Market | Motorcycles |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
India Automotive Lubricants Market Analysis
The India Automotive Lubricants Market size is estimated at 1.76 Billion Liters in 2024, and is expected to reach 1.97 Billion Liters by 2026, at a CAGR of 5.80% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : The highest lubricant consumption in the country's commercial vehicle industry is attributable to India's high average lubricant requirements and the presence of older trucks.
- Fastest Segment by Vehicle Type - Motorcycles : Motorcycle production and sales in India are predicted to improve from 2021 rapidly. As a result, their automotive lubricant consumption is also likely to increase rapidly.
- Largest Segment by Product Type - Engine Oils : Engine oils form the leading product type due to their high volume requirements and shorter drain intervals. They are used in high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Transmission & Gear Oils : In India, the demand for transmission oils may rise during the forecast period, owing to the growing adoption of automatic transmissions and changing consumer preferences.
