Press Release

Automotive Two Wheeler Engine Oil Market to Grow with a CAGR of 7.6% Globally through to 2028.

Rising Two-Wheeler Ownership and Usage, Increasing Focus on Vehicle Maintenance, Technological Advancements in Engine Oil and Growth in Aftermarket Sales are factors driving the Global Automotive Two Wheeler Engine Oil market in the forecast period 2024-2028.

 

According to TechSci Research report, “Global Automotive Two Wheeler Engine Oil Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Automotive Two Wheeler Engine Oil Market stood at USD 13 billion in 2022 and is anticipated to grow with a CAGR of 7.6% in the forecast period, 2024-2028. The Global Automotive Two Wheeler Engine Oil market is a dynamic and integral segment of the broader automotive industry, providing essential lubrication solutions for a vast range of two-wheeler vehicles, including motorcycles, scooters, and mopeds. This market is characterized by continuous evolution and innovation, driven by several key factors. Firstly, the ever-increasing demand for fuel efficiency and reduced emissions has led to the development and adoption of advanced lubricants, including synthetic and low-viscosity engine oils. These lubricants not only enhance engine performance but also contribute to environmental sustainability. Secondly, the market is witnessing a notable shift towards eco-friendly and sustainable lubricants, aligning with global environmental concerns. Manufacturers are increasingly focusing on formulating engine oils with biodegradable components and promoting sustainable production practices to minimize their ecological footprint. This trend reflects the industry's commitment to responsible and environmentally conscious manufacturing. Additionally, customization and specialization have become prominent trends in the market, as lubricant manufacturers work closely with two-wheeler manufacturers to create tailored solutions for specific engine types and applications. This approach ensures that lubricants are optimized to meet the unique demands of various two-wheeler models, enhancing engine protection and longevity. Furthermore, the integration of digital technology and predictive maintenance practices is reshaping how engine oils are managed and maintained. IoT sensors and advanced software enable real-time monitoring of oil quality and condition, allowing for proactive maintenance scheduling and cost savings for two-wheeler owners and service providers alike.

 

Browse over market data Figures spread through 180 Pages and an in-depth TOC on "Global Automotive Two Wheeler Engine Oil Market.”

 

The Global Automotive Two Wheeler Engine Oil market plays a pivotal role within the automotive industry, serving as the lifeblood that ensures the efficient and reliable operation of millions of motorcycles, scooters, and mopeds worldwide. This market is characterized by its dynamism, driven by a multitude of factors that influence the demand for and evolution of engine oils tailored specifically for two-wheelers.

One of the most significant trends reshaping this market is the ongoing shift towards synthetic and semi-synthetic engine oils. This transition is a response to the increasingly complex and high-performance engines found in modern two-wheelers. Synthetic and semi-synthetic oils, formulated with advanced base oils and additives, offer superior lubrication and protection properties compared to traditional mineral oils. They excel in reducing friction, improving fuel economy, and extending the life of engine components. As two-wheeler manufacturers seek to optimize engine performance and meet stringent emissions standards, synthetic and semi-synthetic oils have become a preferred choice. This trend is expected to continue as engine technology advances, driving demand for high-quality lubricants that can keep pace with the evolving requirements of modern two-wheeler engines.

 

In tandem with the shift towards synthetic oils, there is a growing emphasis on low-viscosity engine oils. Lower viscosity oils, such as 5W-30 and 0W-20, have gained popularity due to their ability to enhance fuel efficiency. They reduce friction within the engine, facilitating smoother operation and leading to improved miles per gallon. With global emission regulations becoming increasingly stringent, two-wheeler manufacturers are recommending or even mandating the use of low-viscosity oils to minimize the carbon footprint of their vehicles. As a result, lubricant manufacturers are continually developing and marketing oils with lower viscosity grades, contributing to the ongoing trend towards more fuel-efficient and eco-friendly two-wheelers.

Environmental sustainability is a driving force in the Global Automotive Two Wheeler Engine Oil market, prompting the development and adoption of eco-friendly lubricants. These lubricants are formulated with an emphasis on reducing their environmental impact, often utilizing biodegradable base oils and additives. Moreover, many manufacturers are adopting sustainable production practices, such as reducing energy consumption and waste, in line with global sustainability initiatives. As consumer and regulatory pressure continues to push for more responsible and environmentally conscious manufacturing, the demand for eco-friendly lubricants is poised to grow. This trend represents a commitment within the industry to aligning lubrication solutions with the principles of sustainability. Another notable trend is the move towards customization and specialty lubricants. Two-wheeler manufacturers recognize that different models and engine types have unique requirements. To optimize engine performance, extend component life, and enhance reliability, some lubricant companies are collaborating closely with manufacturers to develop engine oils that are precisely tailored to specific models or engine types. This trend reflects the industry's dedication to delivering tailor-made solutions that cater to the evolving needs of two-wheeler manufacturers and discerning consumers.

Digitalization and the integration of technology are fundamentally transforming the way engine oils are managed and maintained. The advent of IoT (Internet of Things) sensors and predictive maintenance software has revolutionized oil monitoring. These systems can detect changes in oil quality, temperature, and contamination levels in real-time, enabling proactive maintenance and oil change scheduling. Such advancements not only improve engine performance and longevity but also reduce maintenance costs and minimize downtime. As digitalization continues to advance, the Global Automotive Two Wheeler Engine Oil market is expected to witness further integration of technology in engine oil management and maintenance practices, aligning with the broader trends of the automotive industry.

 

Major companies operating in Global Automotive Two Wheeler Engine Oil Market are:

  • Royal Dutch Shell plc
  • Pentagon Lubricants Private Limited
  • Castrol Limited
  • HINDUJA GROUP
  • Saudi Arabian Oil Co.
  • Total S.A
  • Gazprom
  • LUKOIL oil Company
  • Exxon Mobil Corporation
  • Chevron Corporation

 

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 “The Global Automotive Two Wheeler Engine Oil market is a dynamic sector within the automotive industry, continually evolving to meet the demands of modern two-wheeler engines. Key trends include the growing preference for synthetic and low-viscosity oils, driven by the need for improved performance and fuel efficiency. Eco-friendly lubricants are gaining prominence as sustainability becomes a global priority, emphasizing the market's commitment to environmentally responsible solutions. Customization and specialty lubricants are on the rise to optimize engine performance for diverse two-wheeler models. Additionally, digitalization and predictive maintenance technologies are transforming oil management, enhancing performance, and reducing maintenance costs. In an ever-changing landscape, this market remains at the forefront of innovation to cater to the evolving requirements of two-wheeler manufacturers and environmentally conscious consumers worldwide.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Automotive Two Wheeler Engine Oil Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Grade (Synthetic, Semi synthetic and Minerals), By Demand Category (OEM, Aftermarket) By Region, By Competition, 2018-2028”, has evaluated the future growth potential of Global Automotive Two Wheeler Engine Oil Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Automotive Two Wheeler Engine Oil Market.


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Automotive Two Wheeler Engine Oil Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Grade (Synthetic, Semi synthetic and Minerals), By Demand Category (OEM, Aftermarket) By Region, By Competition, 2018-2028

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Rising Two-Wheeler Ownership and Usage, Increasing Focus on Vehicle Maintenance, Technological Advancements in Engine Oil and Growth in Aftermarket Sales are factors driving the Global Automotive Two Wheeler Engine Oil market in the forecast period 2024-2028.

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