Market Size of North America Automotive Lubricants Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 0.99 % |
| Market Concentration | High |
North America Automotive Lubricants Market Analysis
The North America Automotive Lubricants Market size is estimated at 4.54 Billion Liters in 2024, and is expected to reach 4.63 Billion Liters by 2026, growing at a CAGR of 0.99% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : The highest proportion of passenger vehicle population in North America is attributed to the highest lubricant consumption in the passenger vehicles sector in the region.
- Largest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and low drain interval, as it is used for high-temperature and high-pressure applications.
- Largest Country Market - United States : The United States is one of the largest automotive markets, globally, and a leading automotive lubricant consumer in North America, due to its highest vehicle population.
- Fastest Growing Country Market - Mexico : The expected recovery in vehicle production and sales in domestic and export markets are expected to drive the lubricant consumption in Mexico in the coming years.
