세계의 자동차 기어 오일 시장 평가 : 제품 유형별, 판매 채널별, 지역별, 기회, 예측(2018-2032년)

Global automotive gear oil market is projected to witness a CAGR of 3.59% during the forecast period 2025-2032, growing from USD 5.50 billion in 2024 to USD 7.29 billion in 2032F. The automotive gear oil market is expanding rapidly, fueled by the growing need for high-performance and long-lasting transmission solutions that increase efficiency, minimize wear, and extend component lifespan. With increasing vehicle production worldwide, the demand for sophisticated gear oils has expanded manifold.

The shift from conventional to synthetic and semi-synthetic types, which offer high thermal stability and oxidation resistance, is a dominant trend in the market today. Advances in car technology, including high-torque engine development and high-tech transmission systems, are forcing manufacturers to produce gear oil products with a performance-based character in all aspects. Further, the increased focus on fuel efficiency and emissions control is driving widespread adoption of low-viscosity gear lubricants that reduce energy loss while maximizing overall drivetrain efficiency. The aftermarket segment plays a pivotal role, as regular maintenance and oil replacement cycles sustain steady demand. Additionally, growth in electric and hybrid vehicles offers new possibilities, as such vehicles need to be lubricated using special oil for their own transmission needs. With strong automotive industry growth and ongoing product innovation, the gear oil market will develop steadily based on changing consumer and regulatory requirements.

For instance, in May 2023, Lumax Auto Technologies Ltd. made a strategic entry into India's domestic aftermarket with a complete range of lubricants and coolants designed for all vehicle segments. The company's engine oil portfolio features two distinct variants - the 'Ultra' range using high-quality mineral base oil (Group 2) to boost power and acceleration, and the 'Supreme' range employing premium synthetic oil blended with advanced Group 3 base oil and imported US additives for superior performance.

Advanced Lubricant Launch Strengthens Market Position

The strategic launch of the gear oil is increasing demand for the gear oil market. The enhanced friction-modification characteristics and thermal stability bolster the demand for new gear oil for new electric vehicle applications. This new product release illustrates forward-looking adjustments to leading market trends, specifically the increasing focus on longer drain intervals and energy-saving lubrication. Through the provision of increased protection and performance attributes, the product enhances the company's value proposition in a competitive environment, increasingly characterized by technological differentiation. Innovation supports brand leadership while opening new opportunities in both OEM alliance and aftermarket channels.

For instance, in January 2024, Brakes India Private Limited diversified its product offerings by entering the gear and transmission oils category under its Revia brand. The first-of-its-kind offering includes two high-performance variants-80W90 and 85W140-that are capable of handling extreme pressure conditions and yet provide superior component protection. Importantly, the 85W140 variant also passes the stringent API GL-5 requirements, testifying to the company's readiness to keep pace with evolving industry standards for heavy-duty applications. This strategic entry strengthens Brakes India's presence in the automotive lubricants business and addresses growing demand for reliable transmission solutions.

Innovative Vehicle Care Portfolio Launches to Meet Diverse Regional Demands

Innovative portfolios of gear oil are driving growth in the automotive gear oil market via the introduction of cutting-edge formulations to meet the requirements of modern vehicles. Advanced oils optimize drivetrain efficiency, reduce wear, and optimize heat management, delivering extended component life and more responsive performance. Synthetic and green alternatives are increasingly popular, providing better lubrication without sacrificing environmental compliance. Industry-specific blends are also developed to address heavy-duty vehicles, passenger cars, and motorcycles' varying operating requirements. Emphasis on digitalization and predictive maintenance also makes the high-tech products more adoptable, enabling the manufacturers to achieve optimal performance while cutting downtime to a minimum. As car manufacturers concentrate on efficiency and sustainability, producing high quality gear oils continues to be a driving force behind the future of the automobile sector.

For instance, in January 2024, SBZ Corporation Ltd introduced SBZ 7030K, a cutting-edge multifunctional additive package for industrial and automotive gear oils. This new chemistry provides enhanced wear protection, corrosion resistance, and oxidation stability in heavy-load service. It is compatible with API GL-4/GL-5 specifications and combines optimized sulphur-phosphorus chemistry with aggressive treat rates, simplifying inventory complexity while providing high-performance levels. Ideal for axles, transmissions, and industrial gear systems, SBZ 7030K enhances lubricant durability across sectors.

Synthetic Gear Oil Acquires Major Market Share

Synthetic gear oil acquires the highest share in the automotive gear oil industry because of its better performance and versatility. Synthetic oils have very good thermal stability, high viscosity index, and very good lubricating characteristics and therefore can be utilized in newer vehicles under extreme conditions. They can minimize friction and wear, which further makes the bearings and gears more durable, leading to better vehicle efficiency. Synthetic gear oils also support sustainability efforts with reduced energy and longer equipment life. With the growing demand for electric and hybrid cars, even manufacturers are shifting towards synthetic formulations increasingly for addressing specialized lubrication needs. As manufacturers turn to reliability and performance, synthetic gear oil leads the market, taking the automotive solution for lubricants into the future.

For instance, in November 2024, AMSOIL Inc. extended its SEVERE GEAR Synthetic Gear Lube line with the addition of 75W-85 Extreme-Pressure Gear Lube, for severe-duty use. The new product is designed to cope with towing, hauling, plowing, racing, and hill-climbing driving activity-activity that is defined by hard acceleration, stop-and-go driving, and hot ambient temperatures. 75W-85 viscosity level employs a patent proprietary additive blend that creates an iron-sulfide barrier on gear surfaces to minimize wear, pitting, and scoring.

Asia-Pacific Dominates the Market

Asia-Pacific dominates the auto industry through industrialization, urbanization, and rising disposable incomes in countries like China, India, and Indonesia. Higher car production within the region and rising consumer demand for passenger vehicles and commercial vehicles are the prime factors behind its dominance. Key markets like China are dominating automotive lubricant consumption, while India has the highest growth rates. The presence of primary car manufacturing and assembling plants raises the profile of the Asia-Pacific. Additionally, the growing popularity of electric vehicles and the promotion of green mobility by governments are driving the market conditions. Placing focus on efficiency and innovation, Asia-Pacific will continue its dominant position in the global car sector.

For instance, in August 2024, Energizer Holdings, Inc. and Assurance Intl Limited formed a strategic partnership to introduce an entire line of STP-branded automotive solutions to India. The new line-covering high-performance lubricants (engine, transmission, gear, and hydraulic oils), filters, batteries, and diesel exhaust fluid-utilizes cutting-edge additive technology to enhance fuel efficiency, minimize engine wear, and maximize vehicle lifespan. Developed for varied applications (such as CNG and agricultural equipment), these solutions will be available in Asia-Pacific, the Middle East, and Africa, fulfilling regional demand for robust and environment-friendly maintenance solutions.

Future Market Scenario (2025 - 2032F)

Increasing environmental regulations will drive the adoption of biodegradable and synthetic gear oils, aligning with sustainability goals.

The rise of EVs will create demand for specialized gear oils designed to handle unique drivetrain requirements and enhance efficiency.

Advanced technologies like IoT and AI will enable predictive maintenance, boosting the demand for high-performance gear oils tailored for condition monitoring.

Rapid industrialization and vehicle production in regions such as Asia-Pacific will fuel market growth, supported by rising disposable incomes and infrastructure development.

Key Players Landscape and Outlook

The competitive landscape of the automotive gear oil market is shaped by a focus on innovation, developing high-performance synthetic and eco-friendly gear oils to meet evolving industry demands. Increasing adoption of automatic transmission vehicles and stringent environmental regulations drive manufacturers to create specialized formulations that enhance efficiency and durability. Emerging trends like digitalization and predictive maintenance further influence competition, allowing companies to offer advanced solutions tailored to modern vehicle requirements. Additionally, regional dynamics, particularly in East Asia and North America, play a significant role in market leadership, with companies leveraging local production and distribution networks for competitive advantage.

For instance, in November 2024, Valvoline Global Operations reinforced its market leadership by launching its Extended Protection Full Synthetic Gear Oil-the brand's first ultra-premium synthetic gear lubricant. Engineered to significantly enhance differential longevity, this breakthrough formulation delivers four times superior gear wear protection compared to its conventional counterpart, Valvoline Daily Protection Gear Oil. This strategic innovation caters to evolving industry demands for high-performance lubrication solutions that extend component life under extreme operating conditions.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customers

• 4.1. Respondent Demographics
• 4.2. Brand Awareness
• 4.3. Factors Considered in Purchase Decisions
• 4.4. Preferred Distribution Channel
• 4.5. Unmet Needs

5. Global Automotive Gear Oil Market Outlook, 2018-2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
  • 5.1.2. By Volume
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Vehicle Type
    • 5.2.1.1. Two Wheeler
    • 5.2.1.2. Three Wheeler
    • 5.2.1.3. Passenger Car
    • 5.2.1.4. Commercial Vehicles
  • 5.2.2. By Product
    • 5.2.2.1. Mineral Gear Oil
    • 5.2.2.2. Synthetic Gear Oil
  • 5.2.3. By Sales Channel
    • 5.2.3.1. Original Equipment Manufacturers
    • 5.2.3.2. Aftermarket
  • 5.2.4. By Region
    • 5.2.4.1. North America
    • 5.2.4.2. Europe
    • 5.2.4.3. Asia-Pacific
    • 5.2.4.4. South America
    • 5.2.4.5. Middle East and Africa
  • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
• 5.3. Market Map Analysis, 2024
  • 5.3.1. By Vehicle Type
  • 5.3.2. By Product
  • 5.3.3. By Sales Channel
  • 5.3.4. By Region

6. North America Automotive Gear Oil Market Outlook, 2018-2032F

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
  • 6.1.2. By Volume
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Vehicle Type
    • 6.2.1.1. Two Wheeler
    • 6.2.1.2. Three Wheeler
    • 6.2.1.3. Passenger Car
    • 6.2.1.4. Commercial Vehicles
  • 6.2.2. By Product
    • 6.2.2.1. Mineral Gear Oil
    • 6.2.2.2. Synthetic Gear Oil
  • 6.2.3. By Sales Channel
    • 6.2.3.1. Original Equipment Manufacturers
    • 6.2.3.2. Aftermarket
  • 6.2.4. By Country Share
    • 6.2.4.1. United States
    • 6.2.4.2. Canada
    • 6.2.4.3. Mexico
• 6.3. Country Market Assessment
  • 6.3.1. United States Automotive Gear Oil Market Outlook, 2018-2032F*
    • 6.3.1.1. Market Size Analysis & Forecast
      • 6.3.1.1.1. By Value
      • 6.3.1.1.2. By Volume
    • 6.3.1.2. Market Share Analysis & Forecast
      • 6.3.1.2.1. By Vehicle Type
        • 6.3.1.2.1.1. Two Wheeler
        • 6.3.1.2.1.2. Three Wheeler
        • 6.3.1.2.1.3. Passenger Car
        • 6.3.1.2.1.4. Commercial Vehicles
      • 6.3.1.2.2. By Product
        • 6.3.1.2.2.1. Mineral Gear Oil
        • 6.3.1.2.2.2. Synthetic Gear Oil
      • 6.3.1.2.3. By Sales Channel
        • 6.3.1.2.3.1. Original Equipment Manufacturers
        • 6.3.1.2.3.2. Aftermarket
  • 6.3.2. Canada
  • 6.3.3. Mexico

All segments will be provided for all regions and countries covered

7. Europe Automotive Gear Oil Market Outlook, 2018-2032F

• 7.1. Germany
• 7.2. France
• 7.3. Italy
• 7.4. United Kingdom
• 7.5. Russia
• 7.6. Netherlands
• 7.7. Spain
• 7.8. Turkey
• 7.9. Poland

8. Asia-Pacific Automotive Gear Oil Market Outlook, 2018-2032F

• 8.1. India
• 8.2. China
• 8.3. Japan
• 8.4. Australia
• 8.5. Vietnam
• 8.6. South Korea
• 8.7. Indonesia
• 8.8. Philippines

9. South America Automotive Gear Oil Market Outlook, 2018-2032F

• 9.1. Brazil
• 9.2. Argentina

10. Middle East and Africa Automotive Gear Oil Market Outlook, 2018-2032F

• 10.1. Saudi Arabia
• 10.2. UAE
• 10.3. South Africa

11. Porter's Five Forces Analysis

12. PESTLE Analysis

13. Pricing Analysis

14. Market Dynamics

• 14.1. Market Drivers
• 14.2. Market Challenges

15. Market Trends and Developments

16. Policy and Regulatory Landscape

17. Case Studies

18. Competitive Landscape

• 18.1. Competition Matrix of Top 5 Market Leaders
• 18.2. SWOT Analysis for Top 5 Players
• 18.3. Key Players Landscape for Top 10 Market Players
  • 18.3.1. BP p.l.c.
    • 18.3.1.1. Company Details
    • 18.3.1.2. Key Management Personnel
    • 18.3.1.3. Products and Services
    • 18.3.1.4. Financials (As Reported)
    • 18.3.1.5. Key Market Focus and Geographical Presence
    • 18.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 18.3.2. China Petroleum & Chemical Corporation
  • 18.3.3. Chevron Corporation
  • 18.3.4. FUCHS LUBRICANTS SWEDEN AB
  • 18.3.5. Gazprom Energoholding LLC
  • 18.3.6. Gulf Oil, LLC
  • 18.3.7. Idemitsu Kosan Co., Ltd.
  • 18.3.8. Indian Oil Corporation Limited
  • 18.3.9. Exxon Mobil Corporation
  • 18.3.10. ENEOS Xplora Inc
  • 18.3.11. Valvoline Global Operations

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

19. Strategic Recommendations

20. About Us and Disclaimer