The Philippines passenger vehicles lubricant market size reached 53.16 Million Litres in 2024. Looking forward, IMARC Group expects the market to reach 69.96 Million Litres by 2033, exhibiting a growth rate (CAGR) of 3.10% during 2025-2033. Rising vehicle ownership, increasing demand for fuel-efficient lubricants, expansion of e-commerce-driven lubricant distribution, growth in ride-hailing services, and stringent emission regulations are key factors. Advancements in synthetic lubricants, consumer awareness of engine maintenance, and OEM recommendations for high-performance lubricants also contribute to market growth.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | 53.16 Million Litres |
Market Forecast in 2033 | 69.96 Million Litres |
Market Growth Rate (2025-2033) | 3.10% |
Expansion of Synthetic and Semi-Synthetic Lubricants
The Philippines is witnessing a shift from conventional mineral-based lubricants to synthetic and semi-synthetic alternatives due to their superior performance, extended drain intervals, and enhanced engine protection. For instance, in May 2023, Motul Philippines, in partnership with Infiniteserv International, launched the 8100 Power synthetic ester engine oil at the 2023 Trans Sport Show. Designed for high-performance road vehicles, it offers enhanced protection against Low-Speed Pre-Ignition (LSPI) and optimized viscosity for improved reliability. Consumers and fleet operators increasingly prefer these lubricants to reduce maintenance costs and improve fuel efficiency. Rising awareness regarding vehicle longevity and performance optimization further supports this transition. Additionally, regulatory standards emphasizing lower emissions and environmental sustainability are prompting lubricant manufacturers to innovate and introduce eco-friendly formulations. Major industry players are expanding product portfolios to cater to growing demand, with increased availability through online and offline distribution channels. The trend aligns with global shifts toward high-performance lubrication solutions, positioning synthetic and semi-synthetic lubricants as critical components in the evolving automotive landscape.
Digitalization in Lubricant Distribution and Aftermarket Services
The rise of digital platforms and e-commerce is transforming the passenger vehicle lubricant market in the Philippines. Consumers increasingly purchase lubricants through online channels, benefiting from competitive pricing, doorstep delivery, and promotional offers. Lubricant manufacturers and retailers are leveraging digital marketing strategies to enhance brand visibility and consumer engagement. Moreover, technology-driven solutions such as predictive maintenance and IoT-enabled diagnostics are influencing lubricant consumption patterns. Automotive service providers integrate digital tools to offer personalized maintenance plans, ensuring timely lubricant changes and engine health monitoring. These advancements contribute to a more efficient and accessible lubricant distribution network, driving market growth while improving customer convenience and engagement in the evolving automotive service industry. For instance, in July 2024, ExxonMobil appointed Juliana Holdings, Inc. as its official distributor for Mobil-branded lubricants in the Philippines. With an estimated annual engine oil consumption of 83 million liters, the market is competitive. Juliana Holdings will supply Mobil 1, Mobil Super, Mobil Super Moto, and Mobil Delvac to workshops and supply stores nationwide.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on product type.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes engine oils, greases, hydraulic fluids, and transmission and gear oils.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Luzon, Visayas, and Mindanao.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million Litres |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Product Types Covered | Engine Oils, Greases, Hydraulic Fluids, Transmission and Gear Oil |
Regions Covered | Luzon, Visayas, Mindanao |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: