Philippines Automotive Lubricants Market Size and Share - Outlook Report, Forecast Trends and Growth Analysis (2025-2034)
Market Report I 2025-06-06 I 104 Pages I EMR Inc.
The Philippines automotive lubricants market attained a volume of 107.67 Million Liters in 2024. The industry is expected to grow at a CAGR of 3.20% during the forecast period of 2025-2034 to attain a volume of 147.53 Million Liters by 2034.
Philippines Automotive Lubricants Market Growth
Rising vehicle production in the country, a shift in customer preference towards synthetic lubricants, and growing demand for high-performance lubricants are some of the major factors propelling the growth of Philippines automotive lubricants market. Synthetic lubricants offer better performance in tough conditions, longer lifespan, and enhanced engine protection compared to traditional mineral oils, which makes them a lucrative option.
The adoption of bio-based lubricants is on the rise due to their eco-friendly characteristics. These lubricants are both biodegradable and non-toxic, providing comparable or even better performance than synthetic and mineral alternatives.
Moreover, to enhance the effectiveness of lubricants, manufacturers in the country are dedicating resources to research and development, focusing on the production of advanced additives which aim to improve properties such as thermal stability, wear protection, and viscosity index, among others.
Key Trends and Recent Developments
Higher repair and maintenance requirements, increased automobile sales, and increased preference for personalising automotive lubricants as per vehicle need are accelerating the Philippines automotive lubricants market value.
July 2024
Leading automotive lubricants brand, ExxonMobil Asia Pacific Pte. Ltd. has appointed Juliana Holdings Inc. as its official distributor in the Philippines. Juliana Holdings is a global leader in the FMCG sector and will hereafter be distributing Mobil's premium lubricant products such as Mobil 1, Mobil Super, Mobil Super Moto, and Mobil Delvac to automotive and motorcycle workshops across major cities in the Philippines. The partnership is expected to strengthen ExxonMobil's presence in the country's local automotive lubricant market.
April 2024
General Petroleum launched a new line of automotive lubricants in the Philippines market which include engine oils, transmission fluids, hydraulic oils, and speciality lubricants. These have been engineered to meet the diverse needs of Filipino businesses and consumers. The company claimed that the new lubricant products were formulated using advanced technology and high-quality base oils as well as additives to optimise equipment performance and extend service life.
April 2024
Italy-based global energy company, ENI, known for the exploration, development and extraction of natural gas and oil introduced its specialized range of automotive lubricant products at the Philippines's Inside Racing Bike Fest and Trade Show 2024. The products included transmission oils, brake fluids, greases, and other car care lubricants.
March 2021
Philippine Shell Petroleum Corporation signed a three-year agreement with Chery Auto Philippines whereby Shell's automotive lubricants will be utilised for after-sales maintenance of Chery's automobiles. The agreement gives special emphasis to Shell's Helix HX7 5W-40 multi-grade motor oil developed for enhancing the performance and reliability of motor engines.
Higher Repair and Maintenance Requirements Propelling Demand Growth
According to the Philippines automotive lubricants industry analysis, the average lifespan of a vehicle in the country is 15 years or more. During this phase, proper maintenance is a frequent requirement to prevent early deterioration. Hence, the use of efficient and high-performance lubricants is extremely essential for market growth.
Growing Automobile Sales will Increase Philippines Automotive Lubricants Market Revenue
Automobile sales are drastically increasing in the Philippines owing to declining prices and favourable financial packages offered by industry players. The International Trade Administration estimated a rise of 27% in the sales volume between 2021 and 2022. This value is expected to grow further during the forecast period, thereby increasing the overall revenue of the automotive lubricants industry.
Growing Ecological Concerns Creating New Demand for Lubricants with Sustainable Packaging
Lubricants are conventionally sold in plastic packaging which is harmful to the environment. This has led to a growth in the demand for sustainably packaged lubricants in the Philippines. Major industry players are investing in the same eyeing future stability in the market. For instance, Repsol, a key market player, introduced a new type of packaging for its lubricants that contains 60% mechanically recycled plastic.
Preference for Personalising Automotive Lubricants Creating New Philippines Automotive Lubricants Market Opportunities
Higher disposable income and greater awareness about engine efficiency have persuaded the Filipino population to invest more time and research while choosing suitable lubricants for their engines. This has created new market opportunities for automatic lubricants, where industry leaders are striving to develop lubricants customised to the needs and preferences of vehicle owners.
Philippines Automotive Lubricants Industry Segmentation
"Philippines Automotive Lubricants Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Market Breakup by Vehicle Type:
- Passenger Vehicles
- Commercial Vehicles
- Two Wheelers
Market Breakup by Product Type:
- Engine Oils
- Greases
- Hydraulic Fluids
- Transmission and Gear Oils
Market Breakup by Fluid Type:
- Conventional
- Synthetic
- Semi-Synthetic
Philippines Automotive Lubricants Market Share
Based on product type, the market is divided into engine oils, greases, hydraulic fluids, and transmission and gear oils, among others. Engine oils account for a substantial market share as they play a crucial role in maintaining the proper functioning of all motor vehicles. They necessitate more frequent changes compared to transmission fluids and greases which boost the segment growth. Additionally, engine oil is a necessity for almost every type of vehicle, ranging from motorcycles and cars to trucks, aiding its demand in Vietnam.
Leading Companies in the Philippines Automotive Lubricants Market
The market players are increasingly developing bio-based lubricants amid rising environmental issues.
- Shell Plc
- TotalEnergies SE
- Chevron Corp.
- BP Plc
- PTT Public Company Limited
- Eneos Holdings Inc.
- Petron Corporation
- SEAOIL Philippines, Inc.
- Hinduja Group Ltd. (Gulf Oil International Ltd.)
- Udenna Corp. (Phoenix Petroleum Philippines, Inc.)
- Others
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Automotive Lubricants Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Automotive Lubricants Historical Market (2018-2024)
5.3 Asia Pacific Automotive Lubricants Market Forecast (2025-2034)
6 Philippines Automotive Lubricants Market Overview
6.1 Key Industry Highlights
6.2 Philippines Automotive Lubricants Historical Market (2018-2024)
6.3 Philippines Automotive Lubricants Market Forecast (2025-2034)
7 Philippines Automotive Lubricants Market by Vehicle Type
7.1 Passenger Vehicles
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Commercial Vehicles
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Two Wheelers
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
8 Philippines Automotive Lubricants Market by Product Type
8.1 Engine Oils
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Greases
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Hydraulic Fluids
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Transmission and Gear Oils
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
9 Philippines Automotive Lubricants Market by Fluid Type
9.1 Conventional
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Synthetic
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Semi-Synthetic
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Supplier Selection
11.2 Key Global Players
11.3 Key Regional Players
11.4 Key Player Strategies
11.5 Company Profiles
11.5.1 Shell Plc
11.5.1.1 Company Overview
11.5.1.2 Product Portfolio
11.5.1.3 Demographic Reach and Achievements
11.5.1.4 Certifications
11.5.2 TotalEnergies SE
11.5.2.1 Company Overview
11.5.2.2 Product Portfolio
11.5.2.3 Demographic Reach and Achievements
11.5.2.4 Certifications
11.5.3 Chevron Corp.
11.5.3.1 Company Overview
11.5.3.2 Product Portfolio
11.5.3.3 Demographic Reach and Achievements
11.5.3.4 Certifications
11.5.4 BP Plc
11.5.4.1 Company Overview
11.5.4.2 Product Portfolio
11.5.4.3 Demographic Reach and Achievements
11.5.4.4 Certifications
11.5.5 PTT Public Company Limited
11.5.5.1 Company Overview
11.5.5.2 Product Portfolio
11.5.5.3 Demographic Reach and Achievements
11.5.5.4 Certifications
11.5.6 Eneos Holdings Inc.
11.5.6.1 Company Overview
11.5.6.2 Product Portfolio
11.5.6.3 Demographic Reach and Achievements
11.5.6.4 Certifications
11.5.7 Petron Corporation
11.5.7.1 Company Overview
11.5.7.2 Product Portfolio
11.5.7.3 Demographic Reach and Achievements
11.5.7.4 Certifications
11.5.8 SEAOIL Philippines, Inc.
11.5.8.1 Company Overview
11.5.8.2 Product Portfolio
11.5.8.3 Demographic Reach and Achievements
11.5.8.4 Certifications
11.5.9 Hinduja Group Ltd. (Gulf Oil International Ltd.)
11.5.9.1 Company Overview
11.5.9.2 Product Portfolio
11.5.9.3 Demographic Reach and Achievements
11.5.9.4 Certifications
11.5.10 Udenna Corp. (Phoenix Petroleum Philippines, Inc.)
11.5.10.1 Company Overview
11.5.10.2 Product Portfolio
11.5.10.3 Demographic Reach and Achievements
11.5.10.4 Certifications
11.5.11 Others
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