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North America Commercial Vehicles Lubricants Market Report and Forecast 2025-2034

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    Report

  • 134 Pages
  • May 2025
  • Region: North America
  • Expert Market Research
  • ID: 6096434
The North America commercial vehicles lubricants market size was valued at USD 16.83 Billion in 2024. The market is further projected to grow at a CAGR of 3.90% between 2025 and 2034, reaching a value of USD 24.67 Billion by 2034.

In North America, commercial trucks are crucial to local commerce, making diligent vehicle maintenance critical. Lubricants play a vital role in reducing friction between moving parts, ensuring engines run smoothly and efficiently, and acting as a conduit for excess heat to be transferred to coolers, maintaining ideal operating temperatures.

As the transportation sector moves towards a zero-emissions future, there's a rising demand for advanced lubricants which not only support hardware innovation but also reliably extend component lifespan and enhance fuel efficiency across extended oil change intervals. Thus, the rising electric vehicle sales in the region is creating greater demand for high-performance lubricants with exceptional durability, efficiency, and environmental sustainability.

Challenging operating conditions, demand for more fuel- efficient vehicles, vehicles with greater power and torque and environmental demands are placing continued pressure on the transmission systems of the commercial vehicles. In response, manufacturers of commercial vehicles are increasingly turning to lubricant producers for help in gaining a competitive advantage in engineering new engines. Consequently, this collaboration is fuelling the North America commercial vehicles lubricants market growth.

Market Segmentation

North America Commercial Vehicles Lubricants Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type:

  • Engine Oil
  • Hydraulic Fluids
  • Transmission and Gear Oil
  • Greases
  • Others

Market Breakup by Base Oil:

  • Mineral Oil Lubricants
  • Synthetic Lubricants
  • Semisynthetic Lubricants
  • Bio-based Lubricants

Market Breakup by Vehicle Type:

  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Market Breakup by Country:

  • United States of America
  • Canada

Competitive Landscape

Companies are collaborating with automotive manufacturers and aftermarket services providers to enhance the brand visibility.

  • Shell PLC
  • Amsoil Inc.
  • BP plc
  • Chevron Corporation
  • Exxon Mobil Corporation
  • TotalEnergies SE
  • VGP Holdings LLC
  • CITGO Petroleum Corporation
  • MOTUL S.A.
  • Others

Table of Contents

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 Countries
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 Global Commercial Vehicles Lubricants Market Overview
5.1 Key Industry Highlights
5.2 Global Commercial Vehicles Lubricants Historical Market (2018-2024)
5.3 Global Commercial Vehicles Lubricants Market Forecast (2025-2034)
5.4 Global Commercial Vehicles Lubricants Market Share by Region
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 North America Commercial Vehicles Lubricants Market Overview
6.1 Key Industry Highlights
6.2 North America Commercial Vehicles Lubricants Historical Market (2018-2024)
6.3 North America Commercial Vehicles Lubricants Market Forecast (2025-2034)
7 North America Commercial Vehicles Lubricants Market by Type
7.1 Engine Oil
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Hydraulic Fluids
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Transmission and Gear Oil
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Greases
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 North America Commercial Vehicles Lubricants Market by Base Oil
8.1 Mineral Oil Lubricants
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Synthetic Lubricants
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Semisynthetic Lubricants
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Bio-based Lubricants
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
9 North America Commercial Vehicles Lubricants Market by Vehicle Type
9.1 Light Commercial Vehicles
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Heavy Commercial Vehicles
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 North America Commercial Vehicles Lubricants Market by Country
10.1 United States of America
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Canada
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Shell PLC
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Amsoil Inc.
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 BP plc
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 Chevron Corporation
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Exxon Mobil Corporation
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 TotalEnergies SE
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 VGP Holdings LLC
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 MOTUL S.A.
12.5.8.1 Company Overview
12.5.8.2 Product Portfolio
12.5.8.3 Demographic Reach and Achievements
12.5.8.4 Certifications
12.5.9 CITGO Petroleum Corporation
12.5.9.1 Company Overview
12.5.9.2 Product Portfolio
12.5.9.3 Demographic Reach and Achievements
12.5.9.4 Certifications
12.5.10 Others

Companies Mentioned

  • Shell PLC
  • Amsoil Inc.
  • BP plc
  • Chevron Corporation
  • Exxon Mobil Corporation
  • TotalEnergies SE
  • VGP Holdings LLC
  • MOTUL S.A.
  • CITGO Petroleum Corporation

Table Information