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Automotive Engine Oil Market Trends and Forecast: [USD 17.72 Billion] with a [4.5% CAGR]

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Published date: 15 Apr, 2025 01:55 PM
  • Location: Cologne
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Automotive Engine Oil Market Trends and Forecast: [USD 17.72 Billion] with a [4.5% CAGR]
Automotive Engine Oil Market Trends and Forecast: [USD 17.72 Billion] with a [4.5% CAGR]

According to TechSci Research’s report, “Automotive Engine Oil Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the global automotive engine oil market stood at USD 17.72 billion in 2022 and is projected to grow at a CAGR of 4.5% during 2024–2028. Engine oil remains indispensable for ensuring internal combustion engines operate efficiently and reliably. It plays a critical role in reducing mechanical wear, cooling engine components, cleaning sludge and deposits, and sealing gaps between piston rings and cylinder walls.



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