ASEAN의 윤활유 : 시장 점유율 분석, 산업 동향 및 통계 데이터, 성장 예측(2026-2031년)

According to Mordor Intelligence, the ASEAN lubricants market size is projected to be 3.78 Billion liters in 2025, 3.89 Billion liters in 2026, and reach 4.48 Billion liters by 2031, growing at a CAGR of 2.88% from 2026 to 2031.

This report is Segmented by Product Type (Automotive Engine Oil, Industrial Engine Oil, Greases, Metalworking Fluids, Turbine Oil, and More), End-User Industry (Automotive, Marine, Aerospace, and More), Base Stock Type (Mineral Oil-Based Lubricants, and More), and Geography (Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Singapore). The Market Forecasts are Provided in Terms of Volume (liters).

ASEAN Lubricants Market Trends and Insights

Growing Vehicle Parc and Freight Movement

Commercial and passenger fleets continue to swell, yet two-wheeler dominance in Indonesia and Vietnam shifts demand toward small-sump volumes that turn over faster than car lubricants. Philippines automakers plan to assemble 480 000 units in 2025 while Malaysia produced 738 000 units in 2024 and targets 750 000 in 2025. Freight growth tied to USD 222 billion in 2024 FDI inflows increases duty cycles for trucks and construction machinery. Suppliers that tailor two-wheeler and commercial-vehicle oils with enhanced shear stability and detergent chemistry benefit from higher replacement frequency. PETRONAS Sprinta and Mobil Super Moto lines already exploit this dynamic, reinforcing why the ASEAN lubricants market will keep an automotive volume edge even as per-unit consumption falls.

Rapid Industrialisation and Manufacturing Expansion

Relocation of electronics, semiconductor, and renewable component plants from China into Vietnam, Indonesia, and Thailand is lifting consumption of metalworking fluids, hydraulic oils, and turbine oils. The International Energy Agency sees regional oil use in industry rising to 6.4 million bpd by 2030 as new fabs and data centers go live. Specialty additive demand is advancing faster than commodity grades, as shown by PETRONAS Chemicals which cited higher engineered-fluid sales in early 2024 despite weaker additive margins. This diversification makes the ASEAN lubricants market less tied to passenger-car cycles and more dependent on capital-equipment investments.

Longer Drain Intervals in Modern Engines

Synthetic multigrades that meet ACEA C5 and API SP extend service intervals to 20 000 km, halving annual per-vehicle demand. Liqui Moly guidance and OEM validation of TotalEnergies Quartz EV-Drive show viscosity stability beyond 100,000 km. Blenders respond by upselling synthetics at a 30% price premium yet must invest in mechanic training and point-of-sale promotion in cost-sensitive markets.

Other drivers and restraints analyzed in the detailed report include:

1. Shift Towards High-Performance Synthetic Lubricants
2. Digitalised Distribution and Predictive-Lubrication Services
3. Base-Oil Price Volatility

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Automotive engine oil held 33.12% volume share in 2025, yet industrial engine oil is forecast to grow at 2.96% CAGR through 2031, the fastest rate among all product types, reflecting ASEAN's manufacturing buildout and power-generation investments that now rival passenger-vehicle parc expansion as the primary demand vector. Transmission fluids, gear oils, and brake fluids collectively serve the automotive drivetrain segment, where the shift to dual-clutch transmissions (DCT) in China and continuously variable transmissions (CVT) in Japan is spilling into ASEAN OEM specifications, requiring ATF formulations with enhanced shear stability and friction modifiers. Metalworking fluids benefit from clean-room manufacturing where bio-stable emulsions cut disposal costs. The ASEAN lubricants market size for turbine oils is poised to expand alongside gas-fired peaking plants that balance rising renewable penetration. Process oils remain a stable niche tied to tire and pharmaceutical output where food-grade white oils command premium pricing.

A dedicated grease wave is unfolding. Shell's new Indonesian plant adds 12 million liters of capacity for lithium and calcium sulfonate greases that serve automotive bearings, industrial machinery, and marine deck equipment. Castrol's electric-vehicle greases are engineered for electrical compatibility and reduced rolling resistance, a design that supports the 13,478 EV sales logged in Malaysia during 2024. Bio-based greases using ester base stocks already meet maritime biodegradability mandates and deliver the fastest gains within the broader lubricant basket.

Complete Report Scope:

• By Product Type
  • Automotive Engine Oil
  • Industrial Engine Oil
  • Transmission Fluids
  • Gear Oil
  • Brake Fluids
  • Hydraulic Fluids
  • Greases
  • Process Oil (Including Rubber Process Oil and White Oil)
  • Metalworking Fluids
  • Turbine Oil
  • Transformer Oil
  • Other Product Types
• By End-user Industry
  • Automotive
    • Passenger Vehicles
    • Commercial Vehicles
    • Two-Wheelers
  • Marine
  • Aerospace
  • Heavy Equipment
    • Construction
    • Mining
    • Agriculture
  • Industrial
    • Power Generation
    • Metallurgy and Metalworking
    • Textiles
    • Oil and Gas
    • Other End-Use Industries
• By Base Stock Type
  • Mineral Oil-Based Lubricants
  • Synthetic Lubricants
  • Semi-Synthetic Lubricants
  • Bio-Based Lubricants
• By Geography
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam

List of Companies Covered in this Report:

1. Caltex
2. Castrol Limited
3. Exxon Mobil Corporation
4. FUCHS
5. Idemitsu Kosan Co., Ltd.
6. Petroliam Nasional Berhad (PETRONAS)
7. PT Pertamina (Persero)
8. PTT Lubricants
9. Shell plc
10. TotalEnergies
11. Valvoline Global Operations
12. SK Enmove
13. ENEOS Corporation
14. Sinopec Lubricant (Singapore) Pte Ltd,
15. Repsol
16. Gulf Oil International
17. Motul SA
18. LUKOIL
19. Gazpromneft Lubricants

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Growing vehicle parc and freight movement
  • 4.2.2 Rapid industrialisation and manufacturing expansion
  • 4.2.3 Shift towards high-performance synthetic lubricants
  • 4.2.4 Digitalised distribution and predictive-lubrication services
  • 4.2.5 Rise of ASEAN marine-bunkering hubs
• 4.3 Market Restraints
  • 4.3.1 Longer drain intervals in modern engines
  • 4.3.2 Base-oil price volatility
  • 4.3.3 Accelerated EV adoption in key ASEAN states
• 4.4 Value Chain Analysis
• 4.5 Regulatory Framework
• 4.6 End-User Trends
  • 4.6.1 Automotive Industry
  • 4.6.2 Manufacturing Industry
  • 4.6.3 Power Generation Industry
• 4.7 Porter's Five Forces
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Degree of Competition

5 Market Size and Growth Forecasts (Volume)

• 5.1 By Product Type
  • 5.1.1 Automotive Engine Oil
  • 5.1.2 Industrial Engine Oil
  • 5.1.3 Transmission Fluids
  • 5.1.4 Gear Oil
  • 5.1.5 Brake Fluids
  • 5.1.6 Hydraulic Fluids
  • 5.1.7 Greases
  • 5.1.8 Process Oil (Including Rubber Process Oil and White Oil)
  • 5.1.9 Metalworking Fluids
  • 5.1.10 Turbine Oil
  • 5.1.11 Transformer Oil
  • 5.1.12 Other Product Types
• 5.2 By End-user Industry
  • 5.2.1 Automotive
    • 5.2.1.1 Passenger Vehicles
    • 5.2.1.2 Commercial Vehicles
    • 5.2.1.3 Two-Wheelers
  • 5.2.2 Marine
  • 5.2.3 Aerospace
  • 5.2.4 Heavy Equipment
    • 5.2.4.1 Construction
    • 5.2.4.2 Mining
    • 5.2.4.3 Agriculture
  • 5.2.5 Industrial
    • 5.2.5.1 Power Generation
    • 5.2.5.2 Metallurgy and Metalworking
    • 5.2.5.3 Textiles
    • 5.2.5.4 Oil and Gas
    • 5.2.5.5 Other End-Use Industries
• 5.3 By Base Stock Type
  • 5.3.1 Mineral Oil-Based Lubricants
  • 5.3.2 Synthetic Lubricants
  • 5.3.3 Semi-Synthetic Lubricants
  • 5.3.4 Bio-Based Lubricants
• 5.4 By Geography
  • 5.4.1 Indonesia
  • 5.4.2 Malaysia
  • 5.4.3 Philippines
  • 5.4.4 Singapore
  • 5.4.5 Thailand
  • 5.4.6 Vietnam

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share**(%)/Ranking Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, Recent Developments)
  • 6.4.1 Caltex
  • 6.4.2 Castrol Limited
  • 6.4.3 Exxon Mobil Corporation
  • 6.4.4 FUCHS
  • 6.4.5 Idemitsu Kosan Co., Ltd.
  • 6.4.6 Petroliam Nasional Berhad (PETRONAS)
  • 6.4.7 PT Pertamina (Persero)
  • 6.4.8 PTT Lubricants
  • 6.4.9 Shell plc
  • 6.4.10 TotalEnergies
  • 6.4.11 Valvoline Global Operations
  • 6.4.12 SK Enmove
  • 6.4.13 ENEOS Corporation
  • 6.4.14 Sinopec Lubricant (Singapore) Pte Ltd,
  • 6.4.15 Repsol
  • 6.4.16 Gulf Oil International
  • 6.4.17 Motul SA
  • 6.4.18 LUKOIL
  • 6.4.19 Gazpromneft Lubricants

7 Market Opportunities & Future Outlook

• 7.1 White-space and Unmet-Need Assessment