Industry: Chemical & Material
Published Date: 2026-04-27
Pages: 154 Pages
Report ld: 6639891
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Engine Oils Market Size(US$)

CAGR 2026-2032
1.4%
Market Size,2032
USD 36,490
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Engine Oils market was valued at US$ 33150 million in 2025 and is anticipated to reach US$ 36490 million by 2032, at a CAGR of 1.4% from 2026 to 2032.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Engine Oils competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
Motor oil, engine oil, or engine lubricant is any one of various substances that consist of base oils enhanced with various additives, particularly antiwear additives, detergents, dispersants, and, for multi-grade oils, viscosity index improvers. Motor oil is used for lubrication of internal combustion engines. The main function of motor oil is to reduce friction and wear on moving parts and to clean the engine from sludge (one of the functions of dispersants) and varnish (detergents). It also neutralizes acids that originate from fuel and from oxidation of the lubricant (detergents), improves sealing of piston rings, and cools the engine by carrying heat away from moving parts.
Global key players of Engine Oil are Shell, Exxon Mobil, BP, etc. Among them, Shell is the biggest manufacturer with a share 15 %. North America, Europe, Asia-Pacific occupy most of market share. Each of them takes more than 30%, while Middle East and Africa takes only 3%.
This report delivers a comprehensive overview of the global Engine Oils market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Engine Oils. The Engine Oils market size, estimates, and forecasts are provided in terms of output/shipments (K MT) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Engine Oils market comprehensively. Regional market sizes by Type, by Application, , and by company are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Engine Oils manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Provides a detailed analysis of the competitive landscape for Engine Oils manufacturers, including prices, production, value-based market shares, latest development plans, and information on mergers and acquisitions.
Chapter 3: Examines Engine Oils production/output and value by region and country, providing a quantitative assessment of market size and growth potential for each region over the next six years.
Chapter 4: Analyzes Engine Oils consumption at the regional and country levels. It quantifies market size and growth potential for each region and its key countries, and outlines market development, outlook, addressable space, and national production.
Chapter 5: Analyzes market segments by Type, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities.
Chapter 6: Analyzes market segments by Application, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities in downstream markets.
Chapter 7: Profiles key players, detailing the fundamentals of major companies, including product production/output, value, price, gross margin, product portfolio/introductions, and recent developments.
Chapter 8: Reviews the industry value chain, including upstream and downstream segments.
Chapter 9: Discusses market dynamics and recent developments, including drivers, restraints, challenges and risks for manufacturers, U.S. Tariffs and relevant policy analysis.
Chapter 10: Summarizes the key findings and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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TABLE OF CONTENTS
1 Engine Oils Market Overview
1.1 Product Definition
1.2 Engine Oils by Type
1.2.1 Global Engine Oils Market Value Growth Rate Analysis by Type: 2025 vs 2032
1.2.2 Single-grade
1.2.3 Multi-grade
1.3 Engine Oils by Application
1.3.1 Global Engine Oils Market Value Growth Rate Analysis by Application: 2025 vs 2032
1.3.2 Automotive
1.3.3 Industrial
1.4 Global Market Growth Prospects
1.4.1 Global Engine Oils Production Value Estimates and Forecasts (2021–2032)
1.4.2 Global Engine Oils Production Capacity Estimates and Forecasts (2021–2032)
1.4.3 Global Engine Oils Production Estimates and Forecasts (2021–2032)
1.4.4 Global Engine Oils Market Average Price Estimates and Forecasts (2021–2032)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Engine Oils Production Market Share by Manufacturers (2021–2026)
2.2 Global Engine Oils Production Value Market Share by Manufacturers (2021–2026)
2.3 Global Key Players of Engine Oils, Industry Ranking, 2024 vs 2025
2.4 Global Engine Oils Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
2.5 Global Engine Oils Average Price by Manufacturers (2021–2026)
2.6 Global Key Manufacturers of Engine Oils, Manufacturing Footprints and Headquarters
2.7 Global Key Manufacturers of Engine Oils, Product Offerings and Applications
2.8 Global Key Manufacturers of Engine Oils, Date of Entry into the Industry
2.9 Engine Oils Market Competitive Situation and Trends
2.9.1 Engine Oils Market Concentration Rate
2.9.2 Top 5 and Top 10 Global Engine Oils Players Market Share by Revenue
2.10 Mergers & Acquisitions and Expansion
3 Engine Oils Production by Region
3.1 Global Engine Oils Production Value Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.2 Global Engine Oils Production Value by Region (2021–2032)
3.2.1 Global Engine Oils Production Value by Region (2021–2026)
3.2.2 Global Forecasted Production Value of Engine Oils by Region (2027–2032)
3.3 Global Engine Oils Production Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.4 Global Engine Oils Production Volume by Region (2021–2032)
3.4.1 Global Engine Oils Production by Region (2021–2026)
3.4.2 Global Forecasted Production of Engine Oils by Region (2027–2032)
3.5 Global Engine Oils Market Price Analysis by Region (2021–2032)
3.6 Global Engine Oils Production, Value, and Year-over-Year Growth
3.6.1 North America Engine Oils Production Value Estimates and Forecasts (2021–2032)
3.6.2 Europe Engine Oils Production Value Estimates and Forecasts (2021–2032)
3.6.3 China Engine Oils Production Value Estimates and Forecasts (2021–2032)
3.6.4 Japan Engine Oils Production Value Estimates and Forecasts (2021–2032)
4 Engine Oils Consumption by Region
4.1 Global Engine Oils Consumption Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
4.2 Global Engine Oils Consumption by Region (2021–2032)
4.2.1 Global Engine Oils Consumption by Region (2021–2026)
4.2.2 Global Engine Oils Forecasted Consumption by Region (2027–2032)
4.3 North America
4.3.1 North America Engine Oils Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.3.2 North America Engine Oils Consumption by Country (2021–2032)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Engine Oils Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.4.2 Europe Engine Oils Consumption by Country (2021–2032)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Engine Oils Consumption Growth Rate by Region: 2021 vs 2025 vs 2032
4.5.2 Asia Pacific Engine Oils Consumption by Region (2021–2032)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Engine Oils Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.6.2 Latin America, Middle East & Africa Engine Oils Consumption by Country (2021–2032)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Engine Oils Production by Type (2021–2032)
5.1.1 Global Engine Oils Production by Type (2021–2026)
5.1.2 Global Engine Oils Production by Type (2027–2032)
5.1.3 Global Engine Oils Production Market Share by Type (2021–2032)
5.2 Global Engine Oils Production Value by Type (2021–2032)
5.2.1 Global Engine Oils Production Value by Type (2021–2026)
5.2.2 Global Engine Oils Production Value by Type (2027–2032)
5.2.3 Global Engine Oils Production Value Market Share by Type (2021–2032)
5.3 Global Engine Oils Price by Type (2021–2032)
6 Segment by Application
6.1 Global Engine Oils Production by Application (2021–2032)
6.1.1 Global Engine Oils Production by Application (2021–2026)
6.1.2 Global Engine Oils Production by Application (2027–2032)
6.1.3 Global Engine Oils Production Market Share by Application (2021–2032)
6.2 Global Engine Oils Production Value by Application (2021–2032)
6.2.1 Global Engine Oils Production Value by Application (2021–2026)
6.2.2 Global Engine Oils Production Value by Application (2027–2032)
6.2.3 Global Engine Oils Production Value Market Share by Application (2021–2032)
6.3 Global Engine Oils Price by Application (2021–2032)
7 Key Companies Profiled
7.1 Shell
7.1.1 Shell Engine Oils Company Information
7.1.2 Shell Engine Oils Product Portfolio
7.1.3 Shell Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.1.4 Shell Main Business and Markets Served
7.1.5 Shell Recent Developments/Updates
7.2 Exxon Mobil
7.2.1 Exxon Mobil Engine Oils Company Information
7.2.2 Exxon Mobil Engine Oils Product Portfolio
7.2.3 Exxon Mobil Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.2.4 Exxon Mobil Main Business and Markets Served
7.2.5 Exxon Mobil Recent Developments/Updates
7.3 BP
7.3.1 BP Engine Oils Company Information
7.3.2 BP Engine Oils Product Portfolio
7.3.3 BP Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.3.4 BP Main Business and Markets Served
7.3.5 BP Recent Developments/Updates
7.4 Total Lubricants
7.4.1 Total Lubricants Engine Oils Company Information
7.4.2 Total Lubricants Engine Oils Product Portfolio
7.4.3 Total Lubricants Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.4.4 Total Lubricants Main Business and Markets Served
7.4.5 Total Lubricants Recent Developments/Updates
7.5 Axel Christiernsson
7.5.1 Axel Christiernsson Engine Oils Company Information
7.5.2 Axel Christiernsson Engine Oils Product Portfolio
7.5.3 Axel Christiernsson Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.5.4 Axel Christiernsson Main Business and Markets Served
7.5.5 Axel Christiernsson Recent Developments/Updates
7.6 Chevron
7.6.1 Chevron Engine Oils Company Information
7.6.2 Chevron Engine Oils Product Portfolio
7.6.3 Chevron Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.6.4 Chevron Main Business and Markets Served
7.6.5 Chevron Recent Developments/Updates
7.7 FUCHS
7.7.1 FUCHS Engine Oils Company Information
7.7.2 FUCHS Engine Oils Product Portfolio
7.7.3 FUCHS Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.7.4 FUCHS Main Business and Markets Served
7.7.5 FUCHS Recent Developments/Updates
7.8 LUKOIL
7.8.1 LUKOIL Engine Oils Company Information
7.8.2 LUKOIL Engine Oils Product Portfolio
7.8.3 LUKOIL Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.8.4 LUKOIL Main Business and Markets Served
7.8.5 LUKOIL Recent Developments/Updates
7.9 SKF
7.9.1 SKF Engine Oils Company Information
7.9.2 SKF Engine Oils Product Portfolio
7.9.3 SKF Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.9.4 SKF Main Business and Markets Served
7.9.5 SKF Recent Developments/Updates
7.10 JX Nippon Oil & Energy Corporation
7.10.1 JX Nippon Oil & Energy Corporation Engine Oils Company Information
7.10.2 JX Nippon Oil & Energy Corporation Engine Oils Product Portfolio
7.10.3 JX Nippon Oil & Energy Corporation Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.10.4 JX Nippon Oil & Energy Corporation Main Business and Markets Served
7.10.5 JX Nippon Oil & Energy Corporation Recent Developments/Updates
7.11 Petro-Canada
7.11.1 Petro-Canada Engine Oils Company Information
7.11.2 Petro-Canada Engine Oils Product Portfolio
7.11.3 Petro-Canada Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.11.4 Petro-Canada Main Business and Markets Served
7.11.5 Petro-Canada Recent Developments/Updates
7.12 Indian Oil Corporation
7.12.1 Indian Oil Corporation Engine Oils Company Information
7.12.2 Indian Oil Corporation Engine Oils Product Portfolio
7.12.3 Indian Oil Corporation Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.12.4 Indian Oil Corporation Main Business and Markets Served
7.12.5 Indian Oil Corporation Recent Developments/Updates
7.13 Quaker Chemical
7.13.1 Quaker Chemical Engine Oils Company Information
7.13.2 Quaker Chemical Engine Oils Product Portfolio
7.13.3 Quaker Chemical Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.13.4 Quaker Chemical Main Business and Markets Served
7.13.5 Quaker Chemical Recent Developments/Updates
7.14 Southwestern Petroleum Corporation
7.14.1 Southwestern Petroleum Corporation Engine Oils Company Information
7.14.2 Southwestern Petroleum Corporation Engine Oils Product Portfolio
7.14.3 Southwestern Petroleum Corporation Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.14.4 Southwestern Petroleum Corporation Main Business and Markets Served
7.14.5 Southwestern Petroleum Corporation Recent Developments/Updates
7.15 Klüber
7.15.1 Klüber Engine Oils Company Information
7.15.2 Klüber Engine Oils Product Portfolio
7.15.3 Klüber Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.15.4 Klüber Main Business and Markets Served
7.15.5 Klüber Recent Developments/Updates
7.16 Dow Corning
7.16.1 Dow Corning Engine Oils Company Information
7.16.2 Dow Corning Engine Oils Product Portfolio
7.16.3 Dow Corning Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.16.4 Dow Corning Main Business and Markets Served
7.16.5 Dow Corning Recent Developments/Updates
7.17 Sinopec
7.17.1 Sinopec Engine Oils Company Information
7.17.2 Sinopec Engine Oils Product Portfolio
7.17.3 Sinopec Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.17.4 Sinopec Main Business and Markets Served
7.17.5 Sinopec Recent Developments/Updates
7.18 CNPC
7.18.1 CNPC Engine Oils Company Information
7.18.2 CNPC Engine Oils Product Portfolio
7.18.3 CNPC Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.18.4 CNPC Main Business and Markets Served
7.18.5 CNPC Recent Developments/Updates
7.19 CNOOC
7.19.1 CNOOC Engine Oils Company Information
7.19.2 CNOOC Engine Oils Product Portfolio
7.19.3 CNOOC Engine Oils Production, Value, Price, and Gross Margin (2021–2026)
7.19.4 CNOOC Main Business and Markets Served
7.19.5 CNOOC Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Engine Oils Industry Chain Analysis
8.2 Engine Oils Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Engine Oils Production Modes and Processes
8.4 Engine Oils Sales and Marketing
8.4.1 Engine Oils Sales Channels
8.4.2 Engine Oils Distributors
8.5 Engine Oils Customer Analysis
9 Engine Oils Market Dynamics
9.1 Engine Oils Industry Trends
9.2 Engine Oils Market Drivers
9.3 Engine Oils Market Challenges
9.4 Engine Oils Market Restraints
9.5 Impact of U.S. Tariffs
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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