The North America commercial vehicles lubricants market size was valued at USD 16.83 Billion in 2024. The market is further projected to grow at a CAGR of 3.90% between 2025 and 2034, reaching a value of USD 24.67 Billion by 2034.
In North America, commercial trucks are crucial to local commerce, making diligent vehicle maintenance critical. Lubricants play a vital role in reducing friction between moving parts, ensuring engines run smoothly and efficiently, and acting as a conduit for excess heat to be transferred to coolers, maintaining ideal operating temperatures.
As the transportation sector moves towards a zero-emissions future, there's a rising demand for advanced lubricants which not only support hardware innovation but also reliably extend component lifespan and enhance fuel efficiency across extended oil change intervals. Thus, the rising electric vehicle sales in the region is creating greater demand for high-performance lubricants with exceptional durability, efficiency, and environmental sustainability.
Challenging operating conditions, demand for more fuel- efficient vehicles, vehicles with greater power and torque and environmental demands are placing continued pressure on the transmission systems of the commercial vehicles. In response, manufacturers of commercial vehicles are increasingly turning to lubricant producers for help in gaining a competitive advantage in engineering new engines. Consequently, this collaboration is fuelling the North America commercial vehicles lubricants market growth.
Market Segmentation
North America Commercial Vehicles Lubricants Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Engine Oil
Hydraulic Fluids
Transmission and Gear Oil
Greases
Others
Market Breakup by Base Oil:
Mineral Oil Lubricants
Synthetic Lubricants
Semisynthetic Lubricants
Bio-based Lubricants
Market Breakup by Vehicle Type:
Light Commercial Vehicles
Heavy Commercial Vehicles
Market Breakup by Country:
United States of America
Canada
Competitive Landscape
Companies are collaborating with automotive manufacturers and aftermarket services providers to enhance the brand visibility.
Shell PLC
Amsoil Inc.
BP plc
Chevron Corporation
Exxon Mobil Corporation
TotalEnergies SE
VGP Holdings LLC
CITGO Petroleum Corporation
MOTUL S.A.
Others
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Commercial Vehicles Lubricants Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Commercial Vehicles Lubricants Historical Market (2018-2024)
- 5.3 Global Commercial Vehicles Lubricants Market Forecast (2025-2034)
- 5.4 Global Commercial Vehicles Lubricants Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 North America Commercial Vehicles Lubricants Market Overview
- 6.1 Key Industry Highlights
- 6.2 North America Commercial Vehicles Lubricants Historical Market (2018-2024)
- 6.3 North America Commercial Vehicles Lubricants Market Forecast (2025-2034)
- 7 North America Commercial Vehicles Lubricants Market by Type
- 7.1 Engine Oil
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Hydraulic Fluids
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Transmission and Gear Oil
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Greases
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 North America Commercial Vehicles Lubricants Market by Base Oil
- 8.1 Mineral Oil Lubricants
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Synthetic Lubricants
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Semisynthetic Lubricants
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Bio-based Lubricants
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 9 North America Commercial Vehicles Lubricants Market by Vehicle Type
- 9.1 Light Commercial Vehicles
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Heavy Commercial Vehicles
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 North America Commercial Vehicles Lubricants Market by Country
- 10.1 United States of America
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Canada
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Shell PLC
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Amsoil Inc.
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 BP plc
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Chevron Corporation
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Exxon Mobil Corporation
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 TotalEnergies SE
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 VGP Holdings LLC
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 MOTUL S.A.
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 CITGO Petroleum Corporation
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 Others
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook