Indonesia Lubricants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2026)

The Indonesia Lubricants Market Report is segmented by End User (Automotive, Heavy Equipment, Metallurgy & Metalworking, Power Generation) and by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission & Gear Oils)

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Indonesia Lubricant Market Size

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Indonesia Lubricants Market Summary
svg icon Study Period 2015 - 2026
svg icon Market Volume (2024) 1.02 Billion Liters
svg icon Market Volume (2026) 1.10 Billion Liters
svg icon Largest Share by End User Automotive
svg icon CAGR (2024 - 2026) 3.85 %
svg icon Fastest Growing by End User Automotive

Major Players

Indonesia Lubricants Market Major Players Indonesia Lubricants Market Major Players Indonesia Lubricants Market Major Players Indonesia Lubricants Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

Compare market size and growth of Indonesia Lubricants Market with other markets in Chemicals & Materials Industry

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Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

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Indonesia Lubricant Market Analysis

The Indonesia Lubricants Market size is estimated at 1.02 Billion Liters in 2024, and is expected to reach 1.10 Billion Liters by 2026, growing at a CAGR of 3.85% during the forecast period (2024-2026).

  • Largest Segment by End-user Industry - Automotive : Automotive was the largest end user among all end-user segments due to the high proportion of active vehicle fleet and consumer activity than any industrial application.
  • Fastest Segment by End-user Industry - Automotive : Due to the accessibility of low-cost used cars and the low-interest credit financing, automotive is likely to be the fastest-growing end user of lubricants in Indonesia.
  • Largest Segment by Product Type - Engine Oils : Engine oil is the largest consumed product category in Indonesia due to the varying engine sizes of cars, motorcycles, trucks, and buses and high oil changing frequencies.
  • Fastest Segment by Product Type - Transmission & Gear Oils : As Indonesia expects an increase in the usage of industrial machinery and electric cars, transmission and gear oils are predicted to rise faster than other product types.

Indonesia Lubricant Market Trends

This section covers the major market trends shaping the Indonesia Lubricants Market according to our research experts:

Largest Segment By End User : Automotive

  • In 2020, the Indonesian lubricant market was dominated by the automotive sector, which accounted for around 60% of the total lubricant consumption in the country. During 2015-2019, lubricants consumption in the automotive industry increased by around 21%.
  • In 2020, COVID-19 pandemic-related restrictions led to declined maintenance requirements from several industries. The major impact was observed in the automotive industry, which recorded a dip of 11.6%, followed by heavy equipment (8.1%), during the year.
  • Automotive is likely to be the fastest-growing end-user segment of the market studied and is expected to record a CAGR of 5.2% over 2021-2026, followed by heavy equipment (4.07%). The passenger vehicle and motorcycle sales and growth in average travel rates are likely to drive the consumption of the automotive sector during 2021-26.
Indonesia Lubricants Market : Largest Segment By End User : <span style="font-family: 'regular_bold';color:#0e7db3;">Automotive</span>

Indonesia Lubricant Industry Overview

The Indonesia Lubricants Market is fairly consolidated, with the top five companies occupying 81.17%. The major players in this market are BP PLC (Castrol), ExxonMobil Corporation, PT Pertamina, PT Wiraswasta Gemilang Indonesia (Evalube) and Royal Dutch Shell PLC (sorted alphabetically).

Indonesia Lubricant Market Leaders

  1. BP PLC (Castrol)

  2. ExxonMobil Corporation

  3. PT Pertamina

  4. PT Wiraswasta Gemilang Indonesia (Evalube)

  5. Royal Dutch Shell PLC

*Disclaimer: Major Players sorted in no particular order

Indonesia Lubricants Market Concentration
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Indonesia Lubricant Market News

  • May 2022: TotalEnergies, NEXUS Automotive Extend Strategic Partnership for a period of five years. As part of this partnership, TotalEnergies Lubricants will be expanding its presence in the burgeoning N! community, which has seen rapid growth in sales from EUR 7.2 billion in 2015 to nearly EUR 35 billion by the end of 2021.
  • March 2022: ExxonMobil Corporation company has appointed Jay Hooley as lead managing director of the company.
  • January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.

Indonesia Lubricant Market Report - Table of Contents

1. Executive Summary & Key Findings

2. Introduction

  • 2.1 Study Assumptions & Market Definition
  • 2.2 Scope of the Study
  • 2.3 Research Methodology

3. Key Industry Trends

  • 3.1 Automotive Industry Trends
  • 3.2 Manufacturing Industry Trends
  • 3.3 Power Generation Industry Trends
  • 3.4 Regulatory Framework
  • 3.5 Value Chain & Distribution Channel Analysis

4. Market Segmentation

  • 4.1 By End User
    • 4.1.1 Automotive
    • 4.1.2 Heavy Equipment
    • 4.1.3 Metallurgy & Metalworking
    • 4.1.4 Power Generation
    • 4.1.5 Other End-user Industries
  • 4.2 By Product Type
    • 4.2.1 Engine Oils
    • 4.2.2 Greases
    • 4.2.3 Hydraulic Fluids
    • 4.2.4 Metalworking Fluids
    • 4.2.5 Transmission & Gear Oils
    • 4.2.6 Other Product Types

5. Competitive Landscape

  • 5.1 Key Strategic Moves
  • 5.2 Market Share Analysis
  • 5.3 Company Profiles
    • 5.3.1 BP PLC (Castrol)
    • 5.3.2 Chevron Corporation
    • 5.3.3 ExxonMobil Corporation
    • 5.3.4 FUCHS
    • 5.3.5 Idemitsu Kosan Co. Ltd
    • 5.3.6 PT Pertamina
    • 5.3.7 PT Wiraswasta Gemilang Indonesia (Evalube)
    • 5.3.8 Royal Dutch Shell PLC
    • 5.3.9 Top 1
    • 5.3.10 TotalEnergies
  • *List Not Exhaustive

6. Appendix

  • 6.1 Appendix-1 References
  • 6.2 Appendix-2 List of Tables & Figures

7. Key Strategic Questions for Lubricants CEOs

** Subject To Availablity

List of Tables & Figures

  1. Figure 1:  
  2. VEHICLE POPULATION, NUMBER OF UNITS, INDONESIA, 2015 - 2026
  1. Figure 2:  
  2. COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, INDONESIA, 2015 - 2026
  1. Figure 3:  
  2. MOTORCYCLES POPULATION, NUMBER OF UNITS, INDONESIA, 2015 - 2026
  1. Figure 4:  
  2. PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, INDONESIA, 2015 - 2026
  1. Figure 5:  
  2. MANUFACTURING VALUE ADDED, USD BILLION (CURRENT VALUE), INDONESIA, 2015 - 2020
  1. Figure 6:  
  2. POWER GENERATION CAPACITY, GIGAWATT (GW), INDONESIA, 2015 - 2020
  1. Figure 7:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, BY END USER, 2015-2026
  1. Figure 8:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 9:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, AUTOMOTIVE, 2015-2026
  1. Figure 10:  
  2. INDONESIA LUBRICANTS MARKET, AUTOMOTIVE, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 11:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, HEAVY EQUIPMENT, 2015-2026
  1. Figure 12:  
  2. INDONESIA LUBRICANTS MARKET, HEAVY EQUIPMENT, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 13:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, METALLURGY & METALWORKING, 2015-2026
  1. Figure 14:  
  2. INDONESIA LUBRICANTS MARKET, METALLURGY & METALWORKING, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 15:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, POWER GENERATION, 2015-2026
  1. Figure 16:  
  2. INDONESIA LUBRICANTS MARKET, POWER GENERATION, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 17:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, OTHER END-USER INDUSTRIES, 2015-2026
  1. Figure 18:  
  2. INDONESIA LUBRICANTS MARKET, OTHER END-USER INDUSTRIES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 19:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, BY PRODUCT TYPE, 2015-2026
  1. Figure 20:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 21:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, ENGINE OILS, 2015-2026
  1. Figure 22:  
  2. INDONESIA LUBRICANTS MARKET, ENGINE OILS, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 23:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, GREASES, 2015-2026
  1. Figure 24:  
  2. INDONESIA LUBRICANTS MARKET, GREASES, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 25:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, HYDRAULIC FLUIDS, 2015-2026
  1. Figure 26:  
  2. INDONESIA LUBRICANTS MARKET, HYDRAULIC FLUIDS, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 27:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, METALWORKING FLUIDS, 2015-2026
  1. Figure 28:  
  2. INDONESIA LUBRICANTS MARKET, METALWORKING FLUIDS, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 29:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, TRANSMISSION & GEAR OILS, 2015-2026
  1. Figure 30:  
  2. INDONESIA LUBRICANTS MARKET, TRANSMISSION & GEAR OILS, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 31:  
  2. INDONESIA LUBRICANTS MARKET, VOLUME IN LITERS, OTHER PRODUCT TYPES, 2015-2026
  1. Figure 32:  
  2. INDONESIA LUBRICANTS MARKET, OTHER PRODUCT TYPES, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 33:  
  2. INDONESIA LUBRICANTS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 34:  
  2. INDONESIA LUBRICANTS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 35:  
  2. INDONESIA LUBRICANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2020

Indonesia Lubricant Industry Segmentation

By End User Automotive
Heavy Equipment
Metallurgy & Metalworking
Power Generation
Other End-user Industries
By Product Type Engine Oils
Greases
Hydraulic Fluids
Metalworking Fluids
Transmission & Gear Oils
Other Product Types
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Market Definition

  • Vehicle Types and Industrial Equipment - Automotive (Passenger Vehicles, Commercial Vehicles and Motorcycles), Power Generation, Heavy Equipment, Metallurgy & Metalworking and Other End-user Industries (Marine, Aviation etc.) are considered under the lubricants market.​
  • Product Types - For the purpose of this study, lubricant products such as engine oils, transmission & gear oils, hydraulic fluids, metalworking fluids, and greases are taken into consideration.​
  • Service Refill - Service/maintenance refill is considered while accounting the lubricant consumption for each of the vehicle and equipment, under the study.​
  • Factory Fill - First lubricant fill-ups for newly produced vehicles and industrial equipment are considered under the study.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Indonesia Lubricant Market Research FAQs

The Indonesia Lubricants Market size is expected to reach 1.02 billion Liters in 2024 and grow at a CAGR of 3.85% to reach 1.10 billion Liters by 2026.

In 2024, the Indonesia Lubricants Market size is expected to reach 1.02 billion Liters.

BP PLC (Castrol), ExxonMobil Corporation, PT Pertamina, PT Wiraswasta Gemilang Indonesia (Evalube) and Royal Dutch Shell PLC are the major companies operating in the Indonesia Lubricants Market.

In the Indonesia Lubricants Market, the Automotive segment accounts for the largest share by end user.

In 2024, the Automotive segment accounts for the fastest growing by end user in the Indonesia Lubricants Market.

In 2023, the Indonesia Lubricants Market size was estimated at 981.68 million Liters. The report covers the Indonesia Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Indonesia Lubricants Market size for years: 2024, 2025 and 2026.

Lubricant in Indonesia Industry Report

Statistics for the 2024 Lubricant in Indonesia market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Lubricant in Indonesia analysis includes a market forecast outlook to 2026 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Lubricant Market in Indonesia Report Snapshots

Indonesia Lubricants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2026)