| Product Code: ETC4484785 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In 2024, India saw significant lubricant additives import shipments, with top exporters being Singapore, USA, Metropolitan France, Belgium, and Japan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a slight decline in growth rate from 2023 to 2024, the Compound Annual Growth Rate (CAGR) for 2020-24 stood strong at 15.96%. This data suggests a continued reliance on imports for lubricant additives in India, with key countries playing a vital role in meeting the demand for these products.

The India Lubricant Additives Market is closely tied to the automotive and industrial sectors. Lubricants are essential for machinery and engines, and additives enhance their performance and longevity. With industrialization and an increase in vehicle ownership, the demand for lubricant additives is expected to remain strong.
The lubricant additives market in India is shaped by the automotive and industrial sectors` requirements for high-performance lubricants. The demand for improved fuel efficiency and reduced emissions drives the need for advanced lubricant additives, including those that enhance friction reduction and wear protection.
The India Lubricant Additives market confronts challenges related to the volatility of raw material prices, as many additives are derived from petrochemical sources. Environmental concerns and stringent regulations regarding emissions and pollution control are also posing hurdles. Furthermore, competition in the market is fierce, with established players dominating the industry. Market participants must invest in research and development to create eco-friendly alternatives and adapt to evolving regulations to thrive in this sector.
The India lubricant additives market experienced challenges during the pandemic as industrial and automotive activities slowed down. Reduced demand for lubricants affected the market. However, the industry also witnessed increased demand for specialty lubricants with enhanced performance characteristics, which influenced market dynamics.
Key Players in the market are Chevron Oronite Company LLC, Infineum India Pvt Ltd, Afton Chemicals India Pvt Ltd, BASF India Ltd, Lubrizol India Pvt Ltd.
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 Lubricant Additives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Lubricant Additives Market Revenues & Volume, 2021 & 2031F |
3.3 India Lubricant Additives Market - Industry Life Cycle |
3.4 India Lubricant Additives Market - Porter's Five Forces |
3.5 India Lubricant Additives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Lubricant Additives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Lubricant Additives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automobiles in India, leading to higher consumption of lubricants and lubricant additives. |
4.2.2 Growth of industrial activities in sectors such as manufacturing, construction, and agriculture, driving the need for lubricants and additives. |
4.2.3 Technological advancements in lubricant additive formulations, leading to improved performance and efficiency of lubricants. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in lubricant additives production, impacting the overall cost and profitability. |
4.3.2 Stringent environmental regulations and norms on emissions and waste disposal, leading to the need for eco-friendly lubricant additives. |
4.3.3 Intense competition among key market players, resulting in price wars and margin pressures. |
5 India Lubricant Additives Market Trends |
6 India Lubricant Additives Market, By Types |
6.1 India Lubricant Additives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Lubricant Additives Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Lubricant Additives Market Revenues & Volume, By Dispersants, 2021-2031F |
6.1.4 India Lubricant Additives Market Revenues & Volume, By Viscosity Index Improvers, 2021-2031F |
6.1.5 India Lubricant Additives Market Revenues & Volume, By Detergents, 2021-2031F |
6.1.6 India Lubricant Additives Market Revenues & Volume, By Anti-wear Agents, 2021-2031F |
6.1.7 India Lubricant Additives Market Revenues & Volume, By Antioxidants, 2021-2031F |
6.1.8 India Lubricant Additives Market Revenues & Volume, By Corrosion Inhibitors, 2021-2031F |
6.1.9 India Lubricant Additives Market Revenues & Volume, By Emulsifiers, 2021-2031F |
6.1.10 India Lubricant Additives Market Revenues & Volume, By Emulsifiers, 2021-2031F |
6.2 India Lubricant Additives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Lubricant Additives Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 India Lubricant Additives Market Revenues & Volume, By Industrial, 2021-2031F |
7 India Lubricant Additives Market Import-Export Trade Statistics |
7.1 India Lubricant Additives Market Export to Major Countries |
7.2 India Lubricant Additives Market Imports from Major Countries |
8 India Lubricant Additives Market Key Performance Indicators |
8.1 Research and development investment in new lubricant additive technologies. |
8.2 Adoption rate of eco-friendly lubricant additives in the market. |
8.3 Number of partnerships and collaborations for distribution and expansion of lubricant additives in India. |
9 India Lubricant Additives Market - Opportunity Assessment |
9.1 India Lubricant Additives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Lubricant Additives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Lubricant Additives Market - Competitive Landscape |
10.1 India Lubricant Additives Market Revenue Share, By Companies, 2024 |
10.2 India Lubricant Additives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |