India Automotive Lubricants Market (2025-2031) | Trends, Revenue, Share, Analysis, Outlook, Industry, Forecast, Growth, Value, Companies & Size
Market Forecast By Product Type (Engine Oil, Gear Oil, Transmission Fluids, Brake Fluids, Coolants, Greases), By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Motorcycles) And Competitive Landscape
| Product Code: ETC172183 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India Automotive Lubricants Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, India saw significant growth in automotive lubricants import shipments, with top exporters being Germany, Japan, USA, UK, and Switzerland. The market remained fairly competitive with a low Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was robust at 18.63%, indicating a thriving market. Although the growth rate from 2023 to 2024 slowed slightly to 1.3%, the overall trend suggests a positive outlook for the automotive lubricants import sector in India.
India Automotive Lubricants Market Growth Rate
According to 6Wresearch internal database and industry insights, the India Automotive Lubricants Market is projected to witness substantial growth, registering a compound annual growth rate (CAGR) of approximately 10.06% during the forecast period (2025–2031).
India Automotive Lubricants Market Highlights
| Report Name | India Automotie Lubricants Market |
| Forecast period | 2025-2031 |
| CAGR | 10.6% |
| Growing Sector | Automotive |
Five-Year Growth Trajectory of the India Automotive Lubricants Market with Core Drivers
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Years | Est. Annual Growth | Growth Drivers |
| 2020 | 0.045 | Rising vehicle parc (two-wheelers & passenger cars) boosting engine oil replacement demand. |
| 2021 | 0.058 | Growth in commercial vehicle fleet renewal and logistics expansion increasing demand for heavy-duty lubricants. |
| 2022 | 0.067 | Aftermarket penetration increasing across rural markets; upgrade from conventional to higher performance engine oils. |
| 2023 | 0.08 | Intensified import substitution and local manufacturing of additives/base oils; growth of specialty lubricants for EV hybrids. |
| 2024 | 0.094 | Accelerated growth as vehicle ownership rises, infrastructure investment leads to more commercial fleets. |
Topics Covered in the India Automotive Lubricants Market Report
The India Automotive Lubricants Market report thoroughly covers the market by product type and vehicle type. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Automotive Lubricants Market Synopsis
The India Automotive Lubricants Market has shown continuous growth due to increasing vehicle ownership, expansion of road networks, and a growing automotive service industry. Rising consumer preference for fuel-efficient vehicles and engine performance improvement have propelled the adoption of high-quality synthetic lubricants. The shift toward advanced engine technologies, emission control norms, and the increasing demand from the commercial vehicle segment are strengthening the market.
Evaluation of Growth Drivers in the India Automotive Lubricants Market
Below mentioned are some prominent drivers and their influence on the market dynamics:
| Drivers | Primary Segments Affected | Why it Matters |
| Rising Vehicle Production & Ownership | Passenger Vehicles, Motorcycles | Growing automotive sales increase lubricant demand across both OEM and aftermarket channels. |
| Shift Toward Synthetic & Semi-Synthetic Oils | Engine Oil, Transmission Fluids | Along the compliance with emission mandates, it enhances fuel efficiency while lowering maintenance cost. |
| Expanding Aftermarket Service Industry | All Types | More workshops and service centers require greater utilization of lubricant. |
| Electrification & Engine Innovation | Engine & Gear Oils | Improved lubricants are needed for EV thermal management and hybrid engines. |
The India Automotive Lubricants Market size is projected to grow at a CAGR of 10.06% during the forecast period of 2025–2031. The industry is set to experience robust growth. Factors supporting this growth include growing vehicle production, consumer awareness about maintenance coupled by an expanding service ecosystem. Rising incorporation of synthetic and high-performance lubricants, along with OEM partnerships for co-branded products, are improving market value. India’s flourishing logistics and e-commerce areas are propelling higher usage of commercial vehicles, thereby raising demand for heavy-duty lubricants and coolants. Moreover, growing number of premium automobile manufacturers are getting into the market which facilitates longer lifespan of cars, therefore pushing up the demand for lubricants. Additionally, improvements in additive technology and formulation are enhancing superior performance and fuel efficiency, strengthening India automotive lubricants market growth.
Evaluation of Restraints in the India Automotive Lubricants Market
Below mentioned are some major restraints and their influence on the market dynamics:
| Restraint | Primary Segments Affected | What this Means |
| Price Volatility of Crude Oil | All Types | Fluctuating raw material costs impact lubricant pricing and profitability. |
| Counterfeit Lubricant Products | Passenger Vehicles, Motorcycles | Duped products reduce engine life and wear off brand trust. |
| Increasing Electric Vehicle Penetration | Engine Oils | Decline in engine-based vehicle sales obstructs with lubricant demand. |
| Strict Environmental Regulations | Greases & Coolants | Promotes transition to eco-friendly process, increasing R&D costs. |
| Supply Chain Constraints | Commercial Vehicles | Logistic disruptions affect timely lubricant distribution and stock availability. |
India Automotive Lubricants Market Challenges
The India Automotive Lubricants industry faces several challenges such as price instability of crude oil and a surge in counterfeit products. Also, fragmented distribution network and unorganized local players offering low-cost alternatives. Along with that, rising EV incorporation poses a long-term threat to traditional engine oil demand. Managing the balance between affordability and quality is crucial for sustained market growth, especially in rural and semi-urban regions.
India Automotive Lubricants Market Trends
Some emerging trends shaping the market landscape are:
- Bio-Based Lubricants Adoption: Rising eco-awareness and rules are increasing demand for green lubricants.
- Smart Lubrication Monitoring: Incorporation of IoT sensors to monitor lubricant quality and replacement intervals in commercial fleets.
- Aftermarket Digitization: Online stores and digital platforms are changing how lubricants are sold and delivered.
- OEM Collaborations: Co-branded lubricants with automakers form trust and confirm genuine products.
Investment Opportunities in the India Automotive Lubricants Industry
Some of the key investment opportunities in the India Automotive Lubricants Market are:
- Localized Blending Plants: Setting up local blending plants to cut imports and speed up supply.
- Green Formulation Development: Focus on R&D to create eco-friendly lubricants using renewable base oils.
- Digital Distribution Channels: Expansion of online retail and service-based lubricant supply models.
- Fleet Maintenance Partnerships: Collaborations with logistics and transport companies to offer long-term maintenance contracts.
Top 5 Leading Companies in the India Automotive Lubricants Market
Here is a comprehensive list of key players dominating the India Automotive Lubricants Market Share:
1. Indian Oil Corporation Ltd. (Servo)
| Company Name | Indian Oil Corporation Ltd. (Servo) |
|---|---|
| Headquarters | New Delhi, India |
| Established Year | 1959 |
| Official Website | Click Here |
Indian Oil’s Servo brand is India’s leading lubricant line, offering a comprehensive range of automotive and industrial lubricants. Designed for Indian climatic and road conditions, Servo products ensure superior performance, engine protection, and energy efficiency.
2. Castrol India Ltd.
| Company Name | Castrol India Ltd. |
|---|---|
| Headquarters | Mumbai, India |
| Established Year | 1919 |
| Official Website | Click Here |
Castrol India is a premier lubricant manufacturer known for innovation, cutting-edge technology, and strong OEM partnerships. It delivers premium-grade automotive oils across two-wheeler, car, and commercial vehicle segments, ensuring reliable engine performance.
3. Bharat Petroleum Corporation Ltd. (MAK Lubricants)
| Company Name | Bharat Petroleum Corporation Ltd. (MAK Lubricants) |
|---|---|
| Headquarters | Mumbai, India |
| Established Year | 1952 |
| Official Website | Click Here |
MAK Lubricants, a flagship brand by BPCL, offers a wide portfolio of automotive and industrial oils, transmission fluids, and greases. The brand is recognized for promoting energy-efficient solutions that enhance engine longevity and performance.
4. Hindustan Petroleum Corporation Ltd. (HP Lubricants)
| Company Name | Hindustan Petroleum Corporation Ltd. (HP Lubricants) |
|---|---|
| Headquarters | Mumbai, India |
| Established Year | 1974 |
| Official Website | Click Here |
HP Lubricants is among India’s top lubricant brands, offering high-performance automotive oils and specialty fluids. With advanced protection technology, it focuses on enhancing fuel economy and ensuring smooth engine performance across vehicles.
5. Gulf Oil Lubricants India Ltd.
| Company Name | Gulf Oil Lubricants India Ltd. |
|---|---|
| Headquarters | Mumbai, India |
| Established Year | 2008 |
| Official Website | Click Here |
Gulf Oil Lubricants is known for its premium synthetic oils and performance-driven formulations catering to both passenger and commercial vehicles. The company emphasizes innovation, endurance, and consistent quality in its range of lubricant products.
Government Regulations Introduced in the India Automotive Lubricants Market
According to Indian Government Data, several initiatives such as Make in India, the Automotive Mission Plan, and the Bharat Stage VI emission norms have propelled innovation and encouraged local production of cleaner lubricants. The Bureau of Energy Efficiency (BEE) aims to set certain standards for energy-efficient oils, while the Ministry of Petroleum and Natural Gas promotes indigenous blending through policy reforms. Under the Atmanirbhar Bharat initiative, incentives are being offered for base oil and additive manufacturing plants, further supporting growth.
Future Insights of the India Automotive Lubricants Market
The India Automotive Lubricants Market is projected to maintain steady growth owing to rising automotive ownership, industrialization, and innovation in lubricant technology. Increasing R&D toward sustainable and long-drain formulations will further enhance market competitiveness. Moreover, growing collaborations between global and domestic companies are expected to boost supply chain efficiency and product availability, driving consistent expansion over the forecast period. Continued government support for domestic manufacturing and eco-friendly production is also expected to strengthen market resilience in the coming years.
Market Segmentation Analysis
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Engine Oil to Dominate the Market – By Product Type
According to Priya Arora, Senior Research Analyst, 6Wresearch, engine oil dominates the India Automotive Lubricants Market due to its critical role in reducing friction, cooling, and improving fuel efficiency.
Passenger Vehicles to Dominate the Market – By Vehicle Type
Passenger vehicles account for the largest market share owing to the rapidly growing urban population and expanding middle-class consumer base. Frequent maintenance requirements and rising adoption of advanced engine technologies contribute to strong lubricant consumption.
Key Attractiveness of the Report
- 10 Years of Market Numbers.
- Historical Data Starting from 2021 to 2024.
- Base Year: 2024
- Forecast Data until 2031.
Key Highlights of the Report:
- India Automotive Lubricants Market Outlook
- Market Size of India Automotive Lubricants Market, 2024
- Forecast of India Automotive Lubricants Market, 2031
- Historical Data and Forecast of India Automotive Lubricants Revenues & Volume for the Period 2021-2031
- India Automotive Lubricants Market Trend Evolution
- India Automotive Lubricants Market Drivers and Challenges
- India Automotive Lubricants Price Trends
- India Automotive Lubricants Porter's Five Forces
- India Automotive Lubricants Industry Life Cycle
- Historical Data and Forecast of India Automotive Lubricants Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of India Automotive Lubricants Market Revenues & Volume By Engine Oil for the Period 2021-2031
- Historical Data and Forecast of India Automotive Lubricants Market Revenues & Volume By Gear Oil for the Period 2021-2031
- Historical Data and Forecast of India Automotive Lubricants Market Revenues & Volume By Transmission Fluids for the Period 2021-2031
- Historical Data and Forecast of India Automotive Lubricants Market Revenues & Volume By Brake Fluids for the Period 2021-2031
- Historical Data and Forecast of India Automotive Lubricants Market Revenues & Volume By Coolants for the Period 2021-2031
- Historical Data and Forecast of India Automotive Lubricants Market Revenues & Volume By Greases for the Period 2021-2031
- Historical Data and Forecast of India Automotive Lubricants Market Revenues & Volume By Vehicle Type for the Period 2021-2031
- Historical Data and Forecast of India Automotive Lubricants Market Revenues & Volume By Passenger Vehicles for the Period 2021-2031
- Historical Data and Forecast of India Automotive Lubricants Market Revenues & Volume By Commercial Vehicles for the Period 2021-2031
- Historical Data and Forecast of India Automotive Lubricants Market Revenues & Volume By Motorcycles for the Period 2021-2031
- India Automotive Lubricants Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Vehicle Type
- India Automotive Lubricants Top Companies Market Share
- India Automotive Lubricants Competitive Benchmarking By Technical and Operational Parameters
- India Automotive Lubricants Company Profiles
- India Automotive Lubricants Key Strategic Recommendations
Markets Covered
The market report provides a detailed analysis of the following market segments:
By Product Type
- Engine Oil
- Gear Oil
- Transmission Fluids
- Brake Fluids
- Coolants
- Greases
By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Motorcycles
India Automotive Lubricants Market (2025-2031): FAQs
The market is expected to grow at a CAGR of 10.06% from 2025 to 2031.
Major players include Indian Oil, Castrol, Bharat Petroleum, Hindustan Petroleum, and Gulf Oil.
Key factors include rising vehicle ownership, industrial growth, and adoption of synthetic and eco-friendly lubricants.
Challenges include crude oil price fluctuations, counterfeit products, and increasing EV penetration.
6Wresearch actively monitors the India Automotive Lubricants Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Automotive Lubricants Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 India Automotive Lubricants Market Overview |
| 3.1 India Country Macro Economic Indicators |
| 3.2 India Automotive Lubricants Market Revenues & Volume, 2021 & 2031F |
| 3.3 India Automotive Lubricants Market - Industry Life Cycle |
| 3.4 India Automotive Lubricants Market - Porter's Five Forces |
| 3.5 India Automotive Lubricants Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
| 3.6 India Automotive Lubricants Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
| 4 India Automotive Lubricants Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 India Automotive Lubricants Market Trends |
| 6 India Automotive Lubricants Market, By Types |
| 6.1 India Automotive Lubricants Market, By Product Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 India Automotive Lubricants Market Revenues & Volume, By Product Type, 2021-2031F |
| 6.1.3 India Automotive Lubricants Market Revenues & Volume, By Engine Oil, 2021-2031F |
| 6.1.4 India Automotive Lubricants Market Revenues & Volume, By Gear Oil, 2021-2031F |
| 6.1.5 India Automotive Lubricants Market Revenues & Volume, By Transmission Fluids, 2021-2031F |
| 6.1.6 India Automotive Lubricants Market Revenues & Volume, By Brake Fluids, 2021-2031F |
| 6.1.7 India Automotive Lubricants Market Revenues & Volume, By Coolants, 2021-2031F |
| 6.1.8 India Automotive Lubricants Market Revenues & Volume, By Greases, 2021-2031F |
| 6.2 India Automotive Lubricants Market, By Vehicle Type |
| 6.2.1 Overview and Analysis |
| 6.2.2 India Automotive Lubricants Market Revenues & Volume, By Passenger Vehicles, 2021-2031F |
| 6.2.3 India Automotive Lubricants Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
| 6.2.4 India Automotive Lubricants Market Revenues & Volume, By Motorcycles, 2021-2031F |
| 7 India Automotive Lubricants Market Import-Export Trade Statistics |
| 7.1 India Automotive Lubricants Market Export to Major Countries |
| 7.2 India Automotive Lubricants Market Imports from Major Countries |
| 8 India Automotive Lubricants Market Key Performance Indicators |
| 9 India Automotive Lubricants Market - Opportunity Assessment |
| 9.1 India Automotive Lubricants Market Opportunity Assessment, By Product Type, 2021 & 2031F |
| 9.2 India Automotive Lubricants Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
| 10 India Automotive Lubricants Market - Competitive Landscape |
| 10.1 India Automotive Lubricants Market Revenue Share, By Companies, 2021 |
| 10.2 India Automotive Lubricants Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
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