| Product Code: ETC7544251 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India`s import shipments of gear oils in 2024 saw significant growth, with UAE, Indonesia, Singapore, Norway, and China leading the pack. The market concentration, as measured by the HHI, shifted from low to moderate in 2024, indicating a more balanced competitive landscape. The impressive compound annual growth rate (CAGR) of 16.74% from 2020 to 2024 highlights the increasing demand for gear oils in India. Moreover, the notable growth rate of 35.07% from 2023 to 2024 suggests a surge in imports and a promising outlook for the market in the coming years.

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 Gear Oils Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Gear Oils Market Revenues & Volume, 2021 & 2031F |
3.3 India Gear Oils Market - Industry Life Cycle |
3.4 India Gear Oils Market - Porter's Five Forces |
3.5 India Gear Oils Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Gear Oils Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
3.7 India Gear Oils Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Gear Oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing automotive industry in India leading to increased demand for gear oils |
4.2.2 Expansion of industrial sector driving the need for gear oils for machinery |
4.2.3 Increasing focus on maintenance and efficiency improvement in manufacturing and transportation sectors |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from substitute products such as synthetic lubricants |
4.3.3 Stringent environmental regulations affecting the usage of certain types of gear oils |
5 India Gear Oils Market Trends |
6 India Gear Oils Market, By Types |
6.1 India Gear Oils Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Gear Oils Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Gear Oils Market Revenues & Volume, By Mineral-based Lubricants, 2021- 2031F |
6.1.4 India Gear Oils Market Revenues & Volume, By Synthetic-based Lubricants, 2021- 2031F |
6.2 India Gear Oils Market, By Industry Vertical |
6.2.1 Overview and Analysis |
6.2.2 India Gear Oils Market Revenues & Volume, By Chemical & Petrochemical, 2021- 2031F |
6.2.3 India Gear Oils Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.4 India Gear Oils Market Revenues & Volume, By Energy & Power, 2021- 2031F |
6.2.5 India Gear Oils Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.6 India Gear Oils Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.7 India Gear Oils Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3 India Gear Oils Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Gear Oils Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.3.3 India Gear Oils Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.3.4 India Gear Oils Market Revenues & Volume, By Mining, 2021- 2031F |
6.3.5 India Gear Oils Market Revenues & Volume, By Steel, 2021- 2031F |
6.3.6 India Gear Oils Market Revenues & Volume, By Energy, 2021- 2031F |
6.3.7 India Gear Oils Market Revenues & Volume, By Wind Turbine Gearboxes, 2021- 2031F |
7 India Gear Oils Market Import-Export Trade Statistics |
7.1 India Gear Oils Market Export to Major Countries |
7.2 India Gear Oils Market Imports from Major Countries |
8 India Gear Oils Market Key Performance Indicators |
8.1 Average utilization rate of gear oils in key industries |
8.2 Adoption rate of high-performance gear oils in the market |
8.3 Number of new product innovations and technological advancements in gear oils |
8.4 Rate of growth in exports of gear oils from India |
8.5 Customer satisfaction and retention rates for gear oil manufacturers |
9 India Gear Oils Market - Opportunity Assessment |
9.1 India Gear Oils Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Gear Oils Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
9.3 India Gear Oils Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Gear Oils Market - Competitive Landscape |
10.1 India Gear Oils Market Revenue Share, By Companies, 2024 |
10.2 India Gear Oils Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |