Automotive Synthetic Ester Lubricants Market Size 2031

Automotive Synthetic Ester Lubricants Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Engine Oil [MCO, PCMO, HDEO, and Others], Hydraulic Oil, Gera Oil, Immersion Cooling Fluids, Refrigeration Oil, Grease, Metalworking Fluids, and Others), End Use (Conventional Vehicles and Electric Vehicles), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America)

Publication Month : Nov 2025

  • Report Code : TIPRE00041468
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 336
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The automotive synthetic ester lubricants market size is projected to reach US$ 1.89 billion by 2031 from US$ 1.30 billion in 2024. The market is expected to register a CAGR of 5.7% during 2025–2031. 

Automotive Synthetic Ester Lubricants Market Analysis

The growing need for high-performance and fuel-efficient cars, as well as the increasing number of global regulations on emissions and the environment, drives the automotive synthetic ester lubricants market. With automakers concerned with improving engine performance and lowering carbon footprints, synthetic esters are increasingly gaining popularity owing to their high efficiency and strength. Additionally, lubricants can be used to achieve good thermal control and electrical insulation in electric and hybrid cars. Other trends undergoing development are bio-based and environmentally friendly ester formulations, and cooperations in the development of custom-made lubricants with OEMs to meet highly efficient powertrains. Also, the digital monitoring technologies, as well as predictive maintenance practices, are endorsing superior lubricants, prolonging service conditions. The market development and trends in the automotive ester lubricants market are still influenced by innovation, sustainability, and maximization of performance.

Automotive Synthetic Ester Lubricants Market Overview

Automotive synthetic ester lubricants are high-performance lubricants that are produced using synthetic esters -compounds that are chemically engineered products of acids and alcohols. These lubricants have better thermal stability, excellent oxidation resistance, as well as exceptional lubricity than the conventional mineral or synthetic hydrocarbon oils. They offer increased resistance to wear, corrosion, and the formation of deposits and have increased engine and component life. They are optimally suited to both high and low temperature operations due to their high viscosity index and low volatility, which enhances fuel efficiency and lowers the emission levels. Synthetic ester lubricants are also biodegradable, making them environmentally friendly and in line with sustainability objectives. Their high film strength and the stability of their performance even in extreme operating conditions make them very popular in high-performance, electric, and hybrid cars that need advanced lubrication solutions.

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Automotive Synthetic Ester Lubricants Market: Strategic Insights

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Automotive Synthetic Ester Lubricants Market Drivers and Opportunities

Market Drivers:

  • Rising Demand for Fuel Efficiency:

    Auto manufacturers and customers are demanding lubricants that would lower the amount of friction in engines and also produce more efficient engines in order to improve the overall fuel economy.
  • Strict Environmental Policies:

    International emission regulations promote the usage of low-emission, biodegradable, and energy-efficient ester-based lubricants.
  • Growing Demand for Hybrid and Electric Vehicles:

    The more the EVs are produced, the more the demand will be for the lubricants that are highly thermal managed and electrically insulated.
  • Superior Performance Characteristics:

    Ester lubricants are the most suitable choice due to their superior properties of oxidation stability, good viscosity index, and wear resistance for use in high-performance vehicles.
  • Focus on Extended Drain Intervals:

    The long-lasting properties of synthetic esters contribute to lower maintenance costs and less downtime, which are attractive to fleet operators and consumers.

Market Opportunities:

  • Bio-Based Ester Lubricants Development:

    The increasing sustainability consciousness opens up possibilities for the formulation of renewable and green lubricants.
  • Expansion in Emerging Automotive Markets:

    New market opportunities in Asia Pacific and South and Central America can be accessed through the rapid production growth of vehicles.
  • Strategic Collaborations:

    Collaborations with OEMs to create new advanced lubricants to fit the next-gen engines and EV systems.
  • Technological Advancements:

    Advancements in additive chemistry improve performance and compatibility in various types of vehicles.
  • Increasing Demand for High Quality Automotive Products:

    The increasing usage of high-endurance lubricants in luxury and performance car models continues to favor the market development.
 

Automotive Synthetic Ester Lubricants Market Report Segmentation Analysis

The automotive synthetic ester lubricants market is divided into different segments to give a clearer view of how it works, its growth potential, and the latest trends. Below is the standard segmentation approach used in industry reports:

By Product Type

  • Engine Oil:

    Engine oil segments include MCO, PCMO, and HDEO that enhance lubrication in high-performance engines.
  • Hydraulic Oil:

    Synthetic esters provide excellent lubrication and low-temperature flow for hydraulic systems.
  • Gear Oil:

    Synthetic esters ensure superior film strength and wear protection in gear oils.
  • Immersion Cooling Fluids:

    Esters in immersion cooling fluids offer efficient heat transfer and material compatibility in automotive applications.
  • Refrigeration Oil:

    Esters in refrigeration oil with low volatility are suitable for compressor lubrication in refrigeration systems.
  • Grease

    Esters in greases offer high-temperature stability and increase service life in automotive applications.
  • Metalworking Fluids:

    Metalworking fluids with synthetic esters offer excellent lubrication in automotive applications.
  • Others:

    This segment comprises compressor oils, turbine oils, brake fluids, chain lubricants, and others.

By End Use

  • Conventional Vehicles:

    Synthetic ester lubricants in conventional vehicles offer wear protection, efficiency across engines, and superior thermal stability.
  • Electric Vehicles:

    In electric vehicles, synthetic esters provide cooling and friction reduction.

By Geography:

  • North America
  • Europe
  • Asia Pacific
  • South and Central America
  • Middle East & Africa

Market Report ScopeAutomotive Synthetic Ester Lubricants Market Share Analysis by Geography

The automotive synthetic ester lubricants market in Asia Pacific dominated the market. The growing disposable income and growing adoption of electric vehicles across the region power this surge. Emerging markets in South and Central America, the Middle East, and Africa have untapped opportunities for automotive synthetic ester lubricant providers to expand.

The growth of the automotive synthetic ester lubricants market varies by region. The demand for premium solutions continues to grow, positioning automotive synthetic ester lubricants as a favored treat in an evolving consumer landscape. Below is a summary of market share and trends by region:

1. North America

  • Market Share:

    Holds a significant market share
  • Key Drivers:

    Strong automotive manufacturing capabilities drive the market demand for automotive synthetic ester lubricants.
  • Trends:

    Rising adoption of electric vehicles and hybrid vehicles.

2. Europe

  • Market Share:

    Holds a significant market share
  • Key Drivers:

    Stringent environmental regulations drive the demand for synthetic ester lubricants in the automotive industry.
  • Trends:

    Increasing preference for bio-based synthetic esters contributes to the market growth.

3. Asia Pacific

  • Market Share

    dominated the market, with a rising market share every year
  • Key Drivers:

    Rising urbanization and disposable incomes drive the demand for automotive lubricants.
  • Trends:

    Growing shift towards electric vehicles.

4. South and Central America

  • Market Share:

    Rapidly growing market, with a rapidly growing market share every year
  • Key Drivers:

    A growing number of vehicle owners and increased demand for high-performing lubricants.
  • Trends:

    Growing interest in energy-efficient automotive lubricants.

5. Middle East and Africa

  • Market Share:

    Although small, it is growing quickly
  • Key Drivers:

    Growing investment in automotive manufacturing capabilities contributes to the market growth.
  • Trends:

    Increasing awareness of synthetic and bio-based ester lubricants.

Automotive Synthetic Ester Lubricants Market Players Density: Understanding Its Impact on Business Dynamics

High Market Density and Competition

Competition is intense due to the presence of established players such as China Petroleum & Chemical Corp (Sinopec), Exxon Mobil Corp, BP Plc, Chevron Corp, and others.

This high level of competition urges companies to stand out by offering:

  • Diverse product offering
  • Sustainable and ethical sourcing
  • Competitive pricing models
  • Strong customer support and easy integration

Opportunities and Strategic Moves

  • Focusing on research and development activities to distinguish themselves in the market
  • Expanding global footprint and capabilities through acquisitions of value-added lubricant companies.
  • Expanding product portfolio with the launch of sustainable products

Other companies analyzed during the course of research:

  • China Petroleum & Chemical Corp (Sinopec)
  • Exxon Mobil Corp
  • BP Plc
  • Chevron Corp
  • AMSOIL Inc
  • Phillips 66
  • TotalEnergies SE
  • Valvoline Inc
  • Fuchs SE
  • Repsol SA 

Automotive Synthetic Ester Lubricants Market News and Recent Developments

  • Savita Oil Technologies Ltd – Expansion

In October 2023, Savita Oil Technologies Ltd commissioned a synthetic ester manufacturing plant in Mahad. This plant had the production capacity of 8,000 metric tons annually, aiming to target both automotive lubricants and EV coolant/immersion-cooling applications.

  • Perstorp – Product Launch

In June 2025, Perstorp launched its Synthetic-EF portfolio, a new range of high-performance saturated synthetic polyol esters designed for automotive and industrial lubricants. The range enhances thermal stability, biodegradability, and energy efficiency, targeting next-generation electric and hybrid vehicle lubrication applications.

Automotive Synthetic Ester Lubricants Market Report Coverage and Deliverables

The "Automotive Synthetic Ester Lubricants Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering the following areas:

  • Automotive synthetic ester lubricants market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Automotive synthetic ester lubricants market trends, as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed Porter's five forces and SWOT analysis
  • Automotive synthetic ester lubricants market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automotive synthetic ester lubricants market
  • Detailed company profiles
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

Frequently Asked Questions


What is the estimated value of the automotive synthetic ester lubricants market by 2031?

The market size is projected to reach US$ 1.89 billion by 2031.

What are the driving factors impacting the automotive synthetic ester lubricants market?

The growing demand for high-performance lubricants and the increasing adoption of electric vehicles drive the growth of the automotive synthetic ester lubricants market.

What will the future trends be in the automotive synthetic ester lubricants market?

Growing preference for bio-based synthetic esters is a key future trend influencing the market.

Which region dominated the automotive synthetic ester lubricants market in 2024?

Asia Pacific dominated the market with the largest share in 2024.

Which are the leading players operating in the automotive synthetic ester lubricants market?

China Petroleum & Chemical Corp (Sinopec), Exxon Mobil Corp, BP Plc, Chevron Corp, AMSOIL Inc, Phillips 66, TotalEnergies SE, Valvoline Inc, Fuchs SE, and Repsol SA, and others are among the key players operating in the market.

The List of Companies - Automotive Synthetic Ester Lubricants Market

  • China Petroleum & Chemical Corp (Sinopec)
  • Exxon Mobil Corp
  • BP Plc
  • Chevron Corp
  • AMSOIL Inc
  • Phillips 66
  • TotalEnergies S
  •  Valvoline Inc
  • Fuchs SE
  • Repsol SA

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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