Future India Lubricating Oil Additives Market: Key Dynamics, Size & Share Analysis
The India Lubricating Oil Additives Market size is valued at around USD 1,389 million in 2025 and is expected to reach USD 1,827 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.63% during the forecast period, i.e., 2025-30.
Top Driver Impacting the India Lubricating Oil Additives Market Growth
Expanding Automotive Sector – The market growth is primarily driven by the high and steady expansion of the country’s automotive sector, particularly its two-wheeler and passenger vehicle segments. This is exhibited by the country’s status as the world’s largest two-wheeler market and among the top in passenger cars, which is due to the rising disposable incomes of the growing population and urbanization, along with improvements in the road networks. This is driving the demand for road vehicles and the growth of the sector in the country.
Cars contain many moving metal parts, which require low friction to avoid the buildup of extreme temperatures and breakdowns, thereby increasing the need for high-performance lubricants and additives that reduce engine wear and also comply with strict car manufacturing regulations. For instance, OEMs recommend advanced lubricants to meet the standards set by Bharat Stage VI (BS-VI), which is driving the demand for additive content per unit of lubricant. Therefore, this is driving the market demand and ultimately growth during the forecast period.
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Understanding the Core Segments in the India Lubricating Oil Additives Market
India Lubricating Oil Additives Market Size, Share & Industry Trends Analysis – By Type (Detergents, Dispersants, Viscosity Index Improvers, Anti-Wear Agents, Extreme Pressure Additives, Corrosion Inhibitors, Antioxidants, Friction Modifiers, Others), By Application (Engine Oil, Hydraulic Fluid, Gear Oil, Metal Working Fluid, Transmission Fluid, Grease, Compressor Oil, Others), By End-User (Automotive Industrial Marine Aerospace Others), and others
Geographical Analysis of the Smart Irrigation Market
-By Region
- North
- East
- South
- West
- Central
Who Dominates the India Lubricating Oil Additives Market Insights on Key Industry Players?
Companies are strengthening their presence in the India Lubricating Oil Additives market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services
- Afton Chemical
- BASF
- Castrol India
- Chevron Oronite
- Clariant
- Croda
- Deepak Nitrite
- Evonik
- Gulf Oil Lubricants India
- Indian Oil Corporation
- Infineum
- LANXESS
- Lubrizol
- Reliance Industries
- SI Group
- Others
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