India automotive lubricants market was valued INR 404.45 Billion in FY2020 and is projected to reach INR 527.78 Billion by FY2027. Growth in automobile production and increasing sales of passenger cars and two wheeler are driving demand for automotive lubricant in the country. Moreover, low crude oil prices leading to stronger margins, increasing consumer awareness towards the utilization of better quality lubricant, implementation of Euro VI and Automotive Mission Plan 2016-2026 are further expected to fuel India automotive lubricant market in the coming years.

India automotive lubricant market can be segregated based on vehicle type, lubricant type, base oil, demand category and region. In terms of vehicle type, market can be classified to passenger car, two wheeler, medium & heavy commercial vehicle (M&HCV), light commercial vehicle (LCV), and tractor. Two wheeler led the market in FY2020 with share of 36.97% and the trend is likely to continue through FY2026. Expanding production of two wheelers and continuously expanding two wheeler fleet are among the prominent factors aiding India two wheeler lubricant market. Moreover, increasing pollution, rising traffic congestion and entry of leading global two wheeler manufacturers in the country is boosting the two wheelers market in the country, which is positively influencing the country’s two wheeler lubricant market.

Some of the major players operating in India automotive lubricants market include Indian Oil Corporation, Castrol India Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Tidewater Oil Corporation India Limited, Valvoline Cummins Private Limited, Gulf Oil Lubricants India Limited, Shell India, ExxonMobil Lubricants Private Limited and Total Oil India Private Limited. In recent past, Indian lubricant market is observing a phase of consolidation to sustain in Indian Market The lubricant sector had witnessed a considerable number of mergers and acquisition in past Merger of Penzoil with Shell Lubricant, Elf Lubricant acquisition with Total Lubricant, etc, are some examples.

Years Considered for this Report:

Historical Years: FY2013 – FY2019

Base Year: FY2020

Estimated Year: FY2021

Forecast Period: FY2021 – FY2027

Objective of the Study:

·         The primary objective of the study was to evaluate and forecast automotive lubricants in India.

·         To categorize the market based on vehicle type, lubricant type, by base oil, by region, by demand category, by sales channel and by company.

·         To understand major policy and regulations which impact India automotive lubricants market positively or negatively.

·         To identify major drivers, challenges and trends in India automotive lubricants market.

·         To identify and profile major companies in India automotive lubricants market.


Click here to download the sample

To extract the data for India automotive lubricants, primary research surveys were conducted with automotive lubricants manufacturers and end users. Moreover, TechSci Research has analyzed various end use sectors and speculated a positive outlook for India automotive lubricants market in the coming years. Taking into consideration emerging trends in development of engine technology, ability of material to enhance the efficiency of the vehicle and advent of the concept of electric vehicles and synthetic base oil lubricants, our team of analyst has speculated a positive future for India automotive lubricants market.

Various secondary sources such as Ministry of Road Transport and Highways, white papers, company websites, magazines and annual report of various companies involved in automotive lubricants business were also studied by TechSci Research.

 

Key Target Audience:

  • Automotive lubricants manufacturers and other stakeholders
  • Major end users of automotive lubricant products
  • Organizations, forums and alliances related to automotive lubricant products
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as automotive lubricant manufacturers, customers and policymakers, as well as in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities in specific market segments and geographies.

Report Scope:

In this report, India automotive lubricants market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Vehicle Type:
    • Passenger Car
    • Two-wheeler
    • H&MCV (including OTR)
    • LCV (Including 3W)
    • Tractors

·         Market, By Lubricant Type:

    • Engine Oil
    • Gear Oil
    •  Grease
    • Transmission Fluids
    • Others
  • Market, By Base Oils
    • Mineral Oil
    • Semi-Synthetic Oil
    • Synthetic Oil
  • Market, By Region:
    • North India
    • West India
    • East India
    • South India
  • Market, By Demand Category:
    • Original Equipment Manufacturer (OEM)
    • Original Equipment Supplier (OES)
    • Aftermarket (AM)
  • Market, By Sales Channel:
    • Garage/ Workshop
    • Retailer
    • Authorized Distributor
    • Petrol Pumps
    • Online Sale
  • Market, By Company:
    • Indian Oil Corporation
    • Castrol India Limited
    •  Bharat Petroleum Corporation Limited
    • Hindustan Petroleum Corporation Limited
    • Tidewater Oil Corporation India Limited
    • Others

Competitive Landscape

Company Benchmarking: Benchmarking of leading players on the basis of lubricant type provided by them.

Company Profiles: Detailed analysis of major companies operating in India automotive lubricants market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. Following customization options are available for the report:

Channel Partner Analysis:

  • Detailed list of distributors and dealers across all the regions.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Customer Profiling

  • List of major customers 

1.       Product Overview

2.       Research Methodology

3.       Executive Summary

4.       Voice of Customer

4.1.    Brand Awareness

4.2.    Factors Influencing Purchase Decision

4.3.    Preferred Point of Purchase

5.       India Automotive Lubricants Market Outlook            

5.1.    Market Size & Forecast

5.1.1. By Value & Volume

5.2.    Market Share & Forecast

5.2.1. By Vehicle Type (Passenger Car, Two-wheeler, M&HCV, LCV, Tractors)

5.2.2. By Lubricant Type (Engine Oil, Gear Oil, Grease, Transmission Fluids and Others)

5.2.3. By Base Oil (Synthetic, Semi-Synthetic and Mineral)

5.2.4. By Demand Category [By Demand Category [OEM, OES and IAM (Independent Aftermarket)]

5.2.5. By Region (North, South, West and East)

5.2.6. By Company

5.3.    Market Attractiveness Index (By Vehicle Type, By Lubricant Type, By Demand Category)

6.       India Passenger Car Automotive Lubricants Market Outlook              

6.1.    Market Size & Forecast

6.1.1. By Value & Volume            

6.2.    Market Share & Forecast           

6.2.1. By Vehicle Type

6.2.2. By Base Oil (Synthetic, Semi-Synthetic and Mineral)

6.2.3. By Demand Category [OEM, OES and IAM (Independent Aftermarket)]

6.2.4. By Region (North, South, West, East)         

7.       India Two-Wheeler Automotive Lubricants Market Outlook

7.1.    Market Size & Forecast

7.1.1. By Value & Volume            

7.2.    Market Share & Forecast           

7.2.1. By Base Oil (Synthetic, Semi-Synthetic and Mineral)

7.2.2. By Demand Category [OEM, OES and IAM (Independent Aftermarket)]

7.2.3. By Region (North, South, West, East)         

8.       India Light Commercial Vehicles Automotive Lubricants Market Outlook

8.1.    Market Size & Forecast

8.1.1. By Value & Volume

8.2.    Market Share & Forecast           

8.2.1. By Base Oil (Synthetic, Semi-Synthetic and Mineral)

8.2.2. By Demand Category [OEM, OES and Aftermarket]

8.2.3. By Region (North, South, West, East)

9.       India Medium & Heavy Commercial Vehicles Automotive Lubricants Market Outlook

9.1.    Market Size & Forecast

9.1.1. By Value & Volume

9.2.    Market Share & Forecast

9.2.1. By Base Oil (Synthetic, Semi-Synthetic and Mineral)

9.2.2. By Demand Category [OEM, OES and IAM (Independent Aftermarket)]

9.2.3. By Region (North, South, West, East)

10.   India Tractor Automotive Lubricants Market Outlook

10.1.   Market Size & Forecast

10.1.1.    By Value & Volume

10.2.   Market Share & Forecast

10.2.1.    By Base Oil (Synthetic, Semi-Synthetic and Mineral)

10.2.2.    By Demand Category [OEM, OES and IAM (Independent Aftermarket)]

10.2.3.    By Region (North, South, West, East)

11.   Import-Export Analysis

12.   Market Dynamics

13.   Market Trends & Developments

14.   Policy & Regulatory Landscape

15.   Pricing Analysis

16.   India Economic Profile

17.   OEM Genuine Oil Business Analysis (Information will be provided for Tata, Maruti & Hero)

18.   Competitive Landscape

18.1. Competitive Benchmarking

18.2. Competitive Landscape

18.2.1.    Indian Oil Corporation

18.2.2.    Castrol India Limited

18.2.3.    Bharat Petroleum Corporation Limited

18.2.4.    Hindustan Petroleum Corporation Limited

18.2.5.    Tidewater Oil Corporation India Limited

18.2.6.    Valvoline Cummins Private Limited

18.2.7.    Gulf Oil Lubricants India Limited

18.2.8.    Shell India Markets Private Limited

18.2.9.    ExxonMobil Lubricants Private Limited

18.2.10.   Total Oil India Private Limited

19.   Strategic Recommendations

20.   About Us & Disclaimer

  • Figure 1: India Automotive Lubricant Market Size, By Value (USD Billion) & By Volume (Million Liters), FY 2013–FY 2027F

    Figure 2: India Automotive Lubricant Market Share, By Vehicle Type, By Volume, FY 2013 – FY 2027F

    Figure 3: India Automotive Lubricant Market Share, By Lubricant Type, By Volume, FY 2013 – FY 2027F

    Figure 4: India Lubricant & Grease Consumption, (In ‘000 Tonnes), FY 2013 – FY 2021E

    Figure 5: India Automotive Lubricant Market Share, By Base Oil, By Volume, FY 2013 – FY 2027F

    Figure 6: India Automotive Lubricant Market Share, By Demand Category, By Volume, FY 2013 – FY 2027F

    Figure 7: India Automotive Lubricant Market Share, By Sales Channel, By Volume, FY 2013 – FY 2027F

    Figure 8: India Automotive Lubricant Market Share, By Region, By Volume, FY 2020 & FY 2027F

    Figure 9: India Automotive Lubricant Market Share, By Company, By Volume, FY 2020

    Figure 10: India Automotive Lubricant Market Size (Million Litres) & Growth Rate (%), By Vehicle Type, FY 2021E – FY 2027F

    Figure 11: India Automotive Lubricant Market Size (Million Litres) & Growth Rate (%), By Lubricant Type, FY 2021E – FY 2027F

    Figure 12: India Automotive Lubricant Market Size (Million Litres) & Growth Rate (%), By Demand Category, FY 2020E – FY 2027F

    Figure 13: India Two-Wheeler Market Size, By Value (USD Billion) & By Volume (Million Liters), FY 2013 – FY 2027F

    Figure 14: India Two-Wheeler Lubricant Market Share, By Base Oil, By Volume, FY 2013 – FY 2027F

    Figure 15: India Two-Wheeler Lubricant Market Share, By Demand Category, By Volume, FY 2013 – FY2027F

    Figure 16 India Two-Wheeler Lubricant Market Share, By Region, By Volume, FY 2020 & FY 2027F Figure 17: India M&HCV Lubricant Market Size, By Value (USD Billion) & By Volume (Million Liters), FY 2013–2027F

    Figure 18: New generation Truck / buses vs Old Generation Truck Population, By Volume, FY 2020E

    Figure 19: India M&HCV Lubricant Market Share, By Base Oil, By Volume, FY 2013 – FY2027F

    Figure 20: India M&HCV Lubricant Market Share, By Demand Category, By Volume, FY 2013 – FY2027F

    Figure 21: India M&HCV Lubricant Market Share, By Region, By Volume, FY 2020 & FY 2027F

    Figure 22: India Passenger Car Lubricant Market Size, By Value (USD Billion) & By Volume (Million Liters), FY 2013 – FY 2027F

    Figure 23: India Passenger Car Lubricant Market Share, By Vehicle Type, By Volume, FY 2013 – FY 2027F

    Figure 24: India Passenger Car Market Share, By Company, By Volume, FY 2019

    Figure 25: India Passenger Car Lubricant Market Share, By Base Oil, By Volume, FY 2013 – FY 2027F

    Figure 26: India Passenger Car Lubricant Market Share, By Demand Category, By Volume, FY 2013 – FY 2027F

    Figure 27: India Passenger Car Lubricant Market Share, By Region, By Volume, FY 2020 & FY 2027F Figure 28: India LCV Lubricant Market Size, By Value (USD Billion) & By Volume (Million Liters), FY 2013 – FY 2027F

    Figure 29: India LCV Lubricant Market Share, By Base Oil, By Volume, FY 2013 – FY 2027F

    Figure 30: India LCV Lubricant Market Share, By Demand Category, By Volume, FY 2013 – FY 2027F

    Figure 31: India LCV Lubricant Market Share, By Region, By Volume, FY 2020 & FY 2027F

    Figure 32: India Tractor Lubricant Market Size, By Value (USD Billion) & By Volume (Million Liters), FY 2013–FY 2027F

    Figure 33: India Tractor Lubricant Market Share, By Base Oil, By Volume, FY 2013 – FY 2027F

    Figure 34: India Tractor Lubricant Market Share, By Demand Category, By Volume, FY 2013 – FY 2027F

    Figure 35: India Tractor Lubricant Market Share, By Region, By Volume, FY 2020 & FY 2027F

    Figure 36: Automotive Lubricant price build up (USD/Liter), FY 2020

     

    List of Tables

    Table 1: India Automotive Lubricant Forecasting Model

    Table 2: India Automotive Lubricant Validation Model

    Table 3: India Automotive Domestic Sales, FY 2015 – FY 2020 (In Nos)

    Table 4: Partial List of Automotive Lubricant Manufacturer Tie-Ups with OEMs

    Table 5: Comparison of Revenues of Leading Automotive Lubricant Manufacturers, In FY 2021 & FY2020 (Q1 & Q2), By Value (USD Billion)

    Table 6: OEM Car Manufacturer in India plant Location

    Table 7: India Automotive Lubricant Average Selling Price Range Analysis, By Lubricant Type, FY 2013- FY 2027F (USD/Liter)