Key Insights
The US automotive motor oil market is projected to experience a Compound Annual Growth Rate (CAGR) of 0.95% between 2024 and 2033. With an estimated market size of $2.93 billion in the base year of 2024, the market's expansion is driven by a growing vehicle parc and increasing consumer demand for premium lubricants. Key growth drivers include the sustained popularity of SUVs and light trucks, alongside heightened consumer awareness regarding the critical role of regular oil changes in optimizing engine performance and extending vehicle lifespan. This trend fuels demand for higher-quality synthetic blends and specialized oils designed for specific engine types.

US Automotive Motor Oil Market Market Size (In Billion)

Conversely, the market faces challenges from the accelerating adoption of electric vehicles (EVs) and hybrid vehicles, which necessitate less frequent oil changes compared to traditional internal combustion engine (ICE) vehicles. Fluctuations in crude oil prices and raw material costs also impact manufacturer profitability and pricing strategies.

US Automotive Motor Oil Market Company Market Share

Market segmentation highlights a significant preference for synthetic oils within the premium segment, while conventional oils maintain a strong presence in the economy segment. Leading companies such as BP PLC (Castrol), Chevron Corporation, ExxonMobil Corporation, and Shell are actively engaged in intense competition, leveraging innovation, brand strength, and strategic collaborations to shape market dynamics and foster future growth.
The forecast period (2024-2033) anticipates continued, albeit measured, market expansion. This growth will be further supported by the ongoing shift towards superior lubricants, particularly synthetic and semi-synthetic formulations, driven by consumer desire for enhanced engine protection and improved fuel efficiency. The rising popularity of high-performance vehicles and specialized motorsports applications also contributes to the demand for motor oils with tailored properties. The competitive environment is expected to remain robust, with major players prioritizing product innovation, distribution network expansion, and brand enhancement to secure greater market share. Ongoing advancements in engine technology will continue to influence motor oil formulation requirements, necessitating persistent adaptation from manufacturers.
US Automotive Motor Oil Market Analysis: 2024-2033
This comprehensive report delivers a detailed analysis of the US Automotive Motor Oil Market, providing essential insights for industry stakeholders, investors, and strategic planners. Spanning from 2024 to 2033, with a base year of 2024, this report illuminates market dynamics, key players, emerging trends, and future growth prospects. The report meticulously details market size, CAGR, and competitive landscapes, offering actionable intelligence for navigating this evolving sector.
US Automotive Motor Oil Market Concentration & Dynamics
The US automotive motor oil market exhibits a moderately concentrated structure, dominated by a handful of multinational corporations alongside several regional players. Key players, such as BP PLC (Castrol), Chevron Corporation, CITGO, ExxonMobil Corporation, MOTOREX, Motul, Phillips 66 Lubricants, Royal Dutch Shell Plc, TotalEnergies, and Valvoline Inc, hold significant market share, collectively accounting for approximately xx% of the total market revenue in 2024. The market’s dynamics are shaped by several factors:
- Innovation Ecosystems: Continuous R&D efforts focus on enhancing oil performance, extending engine life, and reducing emissions, driving innovation in synthetic and high-performance motor oils.
- Regulatory Frameworks: Stringent environmental regulations regarding emissions and waste disposal influence product formulation and manufacturing processes.
- Substitute Products: The emergence of alternative fuels and electric vehicles poses a long-term threat, although the current market share of such vehicles remains relatively small.
- End-User Trends: Growing awareness of engine protection and fuel efficiency drives demand for higher-quality, premium-priced motor oils.
- M&A Activities: The number of M&A deals in the sector has averaged xx per year over the past five years, indicating strategic consolidation and expansion efforts by major players.
US Automotive Motor Oil Market Industry Insights & Trends
The US automotive motor oil market is projected to experience significant growth during the forecast period (2025-2033), with a projected CAGR of xx%. This growth is fueled by several key factors:
- Market Size: The market size is estimated at $xx Million in 2025 and is projected to reach $xx Million by 2033.
- Growth Drivers: The increasing number of vehicles on the road, expanding automotive manufacturing sector, rising consumer disposable income, and a growing preference for premium-grade motor oils are major market drivers.
- Technological Disruptions: Advancements in lubricant technology, such as the development of fully synthetic oils and extended-drain interval formulations, are reshaping the market landscape. The increasing adoption of electric and hybrid vehicles, however, presents both challenges and opportunities.
- Evolving Consumer Behaviors: Consumers are increasingly demanding environmentally friendly and high-performance motor oils that extend engine life and improve fuel economy. This shift is reflected in a growing preference for synthetic motor oils and specialized formulations for specific engine types.
Key Markets & Segments Leading US Automotive Motor Oil Market
The market is geographically segmented into various regions, with the [Dominant Region, e.g., Southeast] region dominating in terms of market share in 2024. The dominance is primarily attributed to:
- Economic Growth: The robust economic growth in the region drives vehicle sales and motor oil consumption.
- Infrastructure Development: Extensive highway networks and a well-developed automotive infrastructure support the market’s expansion.
- High Vehicle Density: A high concentration of vehicles within the region leads to greater demand for motor oil.
Further analysis reveals that the [Dominant Segment, e.g., Synthetic Motor Oil] segment holds the largest market share within this region. This segment’s popularity stems from its superior performance and extended drain intervals compared to conventional oils.
US Automotive Motor Oil Market Product Developments
Recent product innovations include the introduction of fully synthetic motor oils engineered for improved fuel efficiency, longer drain intervals, and enhanced protection against wear and tear. These advancements offer a competitive advantage for manufacturers, attracting environmentally conscious consumers and those seeking longer engine lifespan. The development of oils optimized for specific engine types, such as hybrid vehicles, further strengthens this segment's appeal.
Challenges in the US Automotive Motor Oil Market Market
The US automotive motor oil market faces several challenges:
- Supply Chain Disruptions: Global supply chain disruptions can impact the availability of raw materials and packaging, affecting production costs and market stability.
- Competitive Pressures: Intense competition among established players and emerging brands necessitates continuous innovation and cost optimization.
- Environmental Regulations: Stringent environmental regulations increase compliance costs and influence product development strategies.
Forces Driving US Automotive Motor Oil Market Growth
Technological advancements in lubricant technology, a rising demand for high-performance vehicles, and supportive government policies promoting fuel efficiency all contribute to market growth. The expanding automotive industry, particularly within the heavy-duty vehicle sector, further enhances the market's potential. Economical factors such as increased disposable income among consumers also influence purchasing behaviors.
Challenges in the US Automotive Motor Oil Market Market
Long-term growth is dependent on effective adaptation to evolving consumer preferences, the continued development of sustainable and efficient lubricant technologies, and strategic partnerships aimed at penetrating new markets. Successful navigation of regulatory changes and the integration of innovative distribution channels are also critical for sustained market growth.
Emerging Opportunities in US Automotive Motor Oil Market
Opportunities lie in expanding into new market segments, such as electric vehicles (with specialized lubricants for their unique requirements) and developing biodegradable or recycled-based oils to address growing environmental concerns. Developing tailored solutions for niche segments, like high-performance vehicles and heavy-duty equipment, can unlock growth potential as well.
Leading Players in the US Automotive Motor Oil Market Sector
- BP PLC (Castrol)
- Chevron Corporation
- CITGO
- ExxonMobil Corporation
- MOTOREX
- Motul
- Phillips 66 Lubricants
- Royal Dutch Shell Plc
- TotalEnergies
- Valvoline Inc
Key Milestones in US Automotive Motor Oil Market Industry
- July 2021: Mighty Distributing System partnered with Total Specialties USA, expanding Total's reach in the US automotive aftermarket.
- October 2021: Valvoline and Cummins extended their collaboration, solidifying Valvoline's position in the heavy-duty diesel engine oil market.
- January 2022: ExxonMobil reorganized its business lines, potentially impacting its focus and resource allocation in the motor oil sector.
Strategic Outlook for US Automotive Motor Oil Market Market
The US automotive motor oil market presents a significant growth opportunity, driven by technological advancements, evolving consumer demands, and strategic collaborations within the industry. Focusing on sustainable and high-performance products, adapting to the shift towards electric vehicles, and leveraging strategic partnerships will be crucial for capturing market share and achieving long-term success in this dynamic and competitive landscape.
US Automotive Motor Oil Market Segmentation
-
1. Vehicle Type
- 1.1. Commercial Vehicles
- 1.2. Motorcycles
- 1.3. Passenger Vehicles
- 2. Product Grade
US Automotive Motor Oil Market Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific

US Automotive Motor Oil Market Regional Market Share

Geographic Coverage of US Automotive Motor Oil Market
US Automotive Motor Oil Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 0.95% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Restrains
- 3.4. Market Trends
- 3.4.1. Largest Segment By Vehicle Type
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global US Automotive Motor Oil Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 5.1.1. Commercial Vehicles
- 5.1.2. Motorcycles
- 5.1.3. Passenger Vehicles
- 5.2. Market Analysis, Insights and Forecast - by Product Grade
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. South America
- 5.3.3. Europe
- 5.3.4. Middle East & Africa
- 5.3.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 6. North America US Automotive Motor Oil Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 6.1.1. Commercial Vehicles
- 6.1.2. Motorcycles
- 6.1.3. Passenger Vehicles
- 6.2. Market Analysis, Insights and Forecast - by Product Grade
- 6.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 7. South America US Automotive Motor Oil Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 7.1.1. Commercial Vehicles
- 7.1.2. Motorcycles
- 7.1.3. Passenger Vehicles
- 7.2. Market Analysis, Insights and Forecast - by Product Grade
- 7.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 8. Europe US Automotive Motor Oil Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 8.1.1. Commercial Vehicles
- 8.1.2. Motorcycles
- 8.1.3. Passenger Vehicles
- 8.2. Market Analysis, Insights and Forecast - by Product Grade
- 8.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 9. Middle East & Africa US Automotive Motor Oil Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 9.1.1. Commercial Vehicles
- 9.1.2. Motorcycles
- 9.1.3. Passenger Vehicles
- 9.2. Market Analysis, Insights and Forecast - by Product Grade
- 9.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 10. Asia Pacific US Automotive Motor Oil Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 10.1.1. Commercial Vehicles
- 10.1.2. Motorcycles
- 10.1.3. Passenger Vehicles
- 10.2. Market Analysis, Insights and Forecast - by Product Grade
- 10.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 BP PLC (Castrol)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Chevron Corporation
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 CITGO
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 ExxonMobil Corporation
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 MOTOREX
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Motul
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Phillips 66 Lubricants
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Royal Dutch Shell Plc
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 TotalEnergies
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Valvoline Inc
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 BP PLC (Castrol)
List of Figures
- Figure 1: Global US Automotive Motor Oil Market Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: North America US Automotive Motor Oil Market Revenue (billion), by Vehicle Type 2025 & 2033
- Figure 3: North America US Automotive Motor Oil Market Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 4: North America US Automotive Motor Oil Market Revenue (billion), by Product Grade 2025 & 2033
- Figure 5: North America US Automotive Motor Oil Market Revenue Share (%), by Product Grade 2025 & 2033
- Figure 6: North America US Automotive Motor Oil Market Revenue (billion), by Country 2025 & 2033
- Figure 7: North America US Automotive Motor Oil Market Revenue Share (%), by Country 2025 & 2033
- Figure 8: South America US Automotive Motor Oil Market Revenue (billion), by Vehicle Type 2025 & 2033
- Figure 9: South America US Automotive Motor Oil Market Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 10: South America US Automotive Motor Oil Market Revenue (billion), by Product Grade 2025 & 2033
- Figure 11: South America US Automotive Motor Oil Market Revenue Share (%), by Product Grade 2025 & 2033
- Figure 12: South America US Automotive Motor Oil Market Revenue (billion), by Country 2025 & 2033
- Figure 13: South America US Automotive Motor Oil Market Revenue Share (%), by Country 2025 & 2033
- Figure 14: Europe US Automotive Motor Oil Market Revenue (billion), by Vehicle Type 2025 & 2033
- Figure 15: Europe US Automotive Motor Oil Market Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 16: Europe US Automotive Motor Oil Market Revenue (billion), by Product Grade 2025 & 2033
- Figure 17: Europe US Automotive Motor Oil Market Revenue Share (%), by Product Grade 2025 & 2033
- Figure 18: Europe US Automotive Motor Oil Market Revenue (billion), by Country 2025 & 2033
- Figure 19: Europe US Automotive Motor Oil Market Revenue Share (%), by Country 2025 & 2033
- Figure 20: Middle East & Africa US Automotive Motor Oil Market Revenue (billion), by Vehicle Type 2025 & 2033
- Figure 21: Middle East & Africa US Automotive Motor Oil Market Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 22: Middle East & Africa US Automotive Motor Oil Market Revenue (billion), by Product Grade 2025 & 2033
- Figure 23: Middle East & Africa US Automotive Motor Oil Market Revenue Share (%), by Product Grade 2025 & 2033
- Figure 24: Middle East & Africa US Automotive Motor Oil Market Revenue (billion), by Country 2025 & 2033
- Figure 25: Middle East & Africa US Automotive Motor Oil Market Revenue Share (%), by Country 2025 & 2033
- Figure 26: Asia Pacific US Automotive Motor Oil Market Revenue (billion), by Vehicle Type 2025 & 2033
- Figure 27: Asia Pacific US Automotive Motor Oil Market Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 28: Asia Pacific US Automotive Motor Oil Market Revenue (billion), by Product Grade 2025 & 2033
- Figure 29: Asia Pacific US Automotive Motor Oil Market Revenue Share (%), by Product Grade 2025 & 2033
- Figure 30: Asia Pacific US Automotive Motor Oil Market Revenue (billion), by Country 2025 & 2033
- Figure 31: Asia Pacific US Automotive Motor Oil Market Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global US Automotive Motor Oil Market Revenue billion Forecast, by Region 2020 & 2033
- Table 2: Global US Automotive Motor Oil Market Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 3: Global US Automotive Motor Oil Market Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 4: Global US Automotive Motor Oil Market Revenue billion Forecast, by Region 2020 & 2033
- Table 5: Global US Automotive Motor Oil Market Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 6: Global US Automotive Motor Oil Market Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 7: Global US Automotive Motor Oil Market Revenue billion Forecast, by Country 2020 & 2033
- Table 8: United States US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 9: Canada US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 10: Mexico US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 11: Global US Automotive Motor Oil Market Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 12: Global US Automotive Motor Oil Market Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 13: Global US Automotive Motor Oil Market Revenue billion Forecast, by Country 2020 & 2033
- Table 14: Brazil US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 15: Argentina US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 16: Rest of South America US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 17: Global US Automotive Motor Oil Market Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 18: Global US Automotive Motor Oil Market Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 19: Global US Automotive Motor Oil Market Revenue billion Forecast, by Country 2020 & 2033
- Table 20: United Kingdom US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 21: Germany US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 22: France US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 23: Italy US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 24: Spain US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 25: Russia US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 26: Benelux US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 27: Nordics US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 28: Rest of Europe US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 29: Global US Automotive Motor Oil Market Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 30: Global US Automotive Motor Oil Market Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 31: Global US Automotive Motor Oil Market Revenue billion Forecast, by Country 2020 & 2033
- Table 32: Turkey US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 33: Israel US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 34: GCC US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 35: North Africa US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 36: South Africa US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 37: Rest of Middle East & Africa US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 38: Global US Automotive Motor Oil Market Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 39: Global US Automotive Motor Oil Market Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 40: Global US Automotive Motor Oil Market Revenue billion Forecast, by Country 2020 & 2033
- Table 41: China US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 42: India US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 43: Japan US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 44: South Korea US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 45: ASEAN US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 46: Oceania US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 47: Rest of Asia Pacific US Automotive Motor Oil Market Revenue (billion) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the US Automotive Motor Oil Market?
The projected CAGR is approximately 0.95%.
2. Which companies are prominent players in the US Automotive Motor Oil Market?
Key companies in the market include BP PLC (Castrol), Chevron Corporation, CITGO, ExxonMobil Corporation, MOTOREX, Motul, Phillips 66 Lubricants, Royal Dutch Shell Plc, TotalEnergies, Valvoline Inc.
3. What are the main segments of the US Automotive Motor Oil Market?
The market segments include Vehicle Type, Product Grade.
4. Can you provide details about the market size?
The market size is estimated to be USD 2.93 billion as of 2022.
5. What are some drivers contributing to market growth?
N/A
6. What are the notable trends driving market growth?
Largest Segment By Vehicle Type : Passenger Vehicles.
7. Are there any restraints impacting market growth?
N/A
8. Can you provide examples of recent developments in the market?
January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.October 2021: Valvoline and Cummins extended their long-standing marketing and technology collaboration agreement for another five years. Cummins will endorse and promote Valvoline's Premium Blue engine oil for its heavy-duty diesel engines and generators and will distribute Valvoline products through its global distribution networks.July 2021: Mighty Distributing System (Mighty Auto Parts), a pioneer in automotive aftermarket goods and services, announced a new relationship with Total Specialties USA. It would target the Quartz Ineo and Quartz 9000 sub-ranges, geared for light automobiles and meet European OEMs' most stringent criteria.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "US Automotive Motor Oil Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the US Automotive Motor Oil Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the US Automotive Motor Oil Market?
To stay informed about further developments, trends, and reports in the US Automotive Motor Oil Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

