Automotive Grease Market Global Report 2026

The automotive grease market size has grown strongly in recent years. It will grow from $4.11 billion in 2025 to $4.35 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to rising demand for vehicle maintenance and lubrication, increasing vehicle parc and average vehicle age, growing demand for heavy-duty automotive components, increasing replacement of worn lubrication components, and rising awareness of preventive vehicle maintenance.

The automotive grease market size is expected to see strong growth in the next few years. It will grow to $5.39 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to increasing demand for extended-drain lubrication solutions, rising demand for high-load and high-temperature grease performance, growing adoption of bio-based base oils, increasing demand for grease compatibility across diverse vehicle components, and expanding aftermarket vehicle servicing activities. Major trends in the forecast period include increasing demand for high-temperature automotive greases, growing preference for extreme-pressure grease formulations, rising adoption of long-life automotive greases, increasing demand for corrosion-resistant grease formulations, and growing use of multipurpose automotive greases.

The increasing production of vehicles worldwide is expected to propel the growth of the automotive grease market in the coming years. Vehicle production refers to the process of manufacturing and assembling passenger and commercial vehicles through the integration of components into finished automobiles. The increasing production of vehicles is driven by rising consumer demand for passenger and commercial vehicles, boosting manufacturing output and increasing the need for automotive grease in factory fill and aftermarket applications. The growth in vehicle production supports automotive grease by increasing the demand for factory fill and aftermarket lubrication across vehicle components, enhancing performance, durability, and maintenance efficiency. For instance, in April 2026, according to the International Organization of Motor Vehicle Manufacturers (OICA), a France-based automotive industry organization, global vehicle production increased from 92.7 million units in 2024 to 96.4 million units in 2025. Therefore, the increasing production of vehicles worldwide is driving the growth of the automotive grease market.

Major companies operating in the automotive grease market are concentrating on expanding automotive grease product portfolios and developing application-specific lubrication solutions, such as specialized greases for vehicle suspension and steering systems, to address the lubrication requirements of different automotive components. Application-specific automotive greases are lubricants formulated for particular vehicle components and operating conditions, providing properties such as lubrication, corrosion protection, wear resistance, and compatibility with rubber and polyurethane components. For instance, in July 2025, Penrite Oil, an Australia-based lubricant manufacturer, launched Pin & Bush Grease, an NLGI 2 clay-based automotive grease formulated for vehicle suspension and steering systems, including rubber and polyurethane bushes and pins. The development is expected to expand the company’s automotive grease product portfolio and strengthen its range of specialized lubrication solutions for vehicle suspension and steering applications.

In July 2025, Lubrication Engineers Inc., a US-based manufacturer of high-performance lubricants and asset-reliability solutions, acquired Southwestern Petroleum Lubricants (SWEPCO) for an undisclosed amount. Through this acquisition, Lubrication Engineers aimed to strengthen its in-house grease manufacturing capabilities, broaden its specialty lubricant portfolio, and expand its distribution reach through SWEPCO’s established customer and distributor network. SWEPCO is a US-based manufacturer of specialty greases and lubricating oils that offers calcium sulfonate greases, gear oils, engine oils, and other mission-critical lubricants.

Major companies operating in the automotive grease market are Saudi Arabian Oil Company, China Petroleum & Chemical Corporation, Exxon Mobil Corporation, Shell plc, BP plc, Chevron Corporation, TotalEnergies SE, Phillips 66 Company, ENEOS Corporation, Petroliam Nasional Berhad, Idemitsu Kosan Co. Ltd., China National Petroleum Corporation, FUCHS SE, Penrite Oil Company, CITGO Petroleum Corporation, Schaeffler AG, SKF AB, The Timken Company, Freudenberg SE, AMSOIL Inc., AXEL Christiernsson AB, Lubrication Engineers Inc., Lubriplate Lubricants Company, CSW Industrials Inc., Kyodo Yushi Co. Ltd.

North America was the dominant region in the automotive grease market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the automotive grease market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive grease market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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