Market Overview:
The global two-wheeler lubricants market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for two-wheelers across the globe. Additionally, rising awareness about vehicle maintenance and upgradation is also expected to fuel the growth of the global two-wheeler lubricants market over the forecast period. On basis of type, synthetic oils are anticipated to account for a major share in terms of revenue in 2018 and are expected to maintain its dominance throughout 2030. This can be attributed owing high performance as compared with mineral oils and bio-based lubricants.
Product Definition:
Two-wheeler lubricants are oils or greases specifically designed for use in two-wheelers. They are typically more viscous than engine oil to provide better protection against wear and tear. Two-wheeler lubricants also have additives that protect against corrosion and help keep seals soft and pliable.
Synthetic Oils:
Synthetic oils are base oils with a very high percentage of synthetic additives. They were developed to reduce the friction between components in various industries such as automotive, machinery and others. Synthetic lubricants provide better protection from wear and tear which leads to improved performance of the engine resulting in less fuel consumption and longer engine life. These products also offer better protection against corrosion, oxidation, foaming and thermal stability which is expected to drive market growth over the forecast period.
Mineral Oils:
Mineral oils are a group of chemical compounds extracted from natural sources. The most common type of mineral oil is petroleum or crude oil-based, which is also the cheapest form. Other types include bio-based and synthetic (man-made) mineral oils. These are used in various applications including lubricants for two wheelers and as fuel additives in internal combustion engines.
Application Insights:
Motorcycle was the largest application segment and accounted for a market share of over 80% in 2017. The demand is generally higher in summer months as compared to winter. Motorcycle enthusiasts prefer using two-wheeler lubricants that enhance the performance and durability of vehicles, thereby driving the growth.
The scooter segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing penetration in developing countries such as India, Thailand, Indonesia among others where two-wheelers are preferred over four wheelers due to affordability issues among consumers. Increasing disposable income levels coupled with easy availability of loans has enabled consumers across various regions including Asia Pacific and Latin America access high-performance vehicles which they could afford payments for along with their regular incomes.
Regional Analysis:
Asia Pacific dominated the global two-wheeler lubricants market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing penetration of motorcycles and scooters. Furthermore, rising disposable income levels and changing lifestyles are anticipated to drive product demand in this region. Europe accounted for a significant share of revenue in 2017 owing to high popularity of two-wheelers as a mode of transportation among consumers, especially millennials. Moreover, presence of major players such as Shell Oil Company; PKN Orlen S.A.; ExxonMobil Corporation; Total SA; BP plc.; Royal Dutch Shell Plc.; and Agip Inc.
North America is projected to expand at an estimated CAGR exceeding 5% from 2018 to 2030 due its early adoption by consumers on account off its environmental benefits compared with four-wheelers which have higher penetration rates across U.S.
Growth Factors:
- Increasing demand for two-wheelers in developing countries
- Rising disposable income of the middle-class population
- Technological advancements in two-wheeler lubricants products
- Growing awareness about the benefits of using two-wheeler lubricants products
- Stringent government regulations for emission control
Scope Of The Report
Report Attributes
Report Details
Report Title
Two-Wheeler Lubricants Market Research Report
By Type
Synthetic Oils, Mineral Oils, Bio-Based Lubricants, Other
By Application
Motorcycle, Scooter
By Companies
ExxonMobil, Shell, Chevron, Total, BP, FUCHS, Sinopec, CNPC, Petronas, Valvoline, Idemitsu Kosan, LUKOIL, JX Nippon, PTT Lubricants, Petron, Motul, ConocoPhillips
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Two-Wheeler Lubricants Market Report Segments:
The global Two-Wheeler Lubricants market is segmented on the basis of:
Types
Synthetic Oils, Mineral Oils, Bio-Based Lubricants, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Motorcycle, Scooter
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ExxonMobil
- Shell
- Chevron
- Total
- BP
- FUCHS
- Sinopec
- CNPC
- Petronas
- Valvoline
- Idemitsu Kosan
- LUKOIL
- JX Nippon
- PTT Lubricants
- Petron
- Motul
- ConocoPhillips
Highlights of The Two-Wheeler Lubricants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Synthetic Oils
- Mineral Oils
- Bio-Based Lubricants
- Other
- By Application:
- Motorcycle
- Scooter
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Two-Wheeler Lubricants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Two-wheeler lubricants are used to lubricate the moving parts of two-wheelers. They help reduce friction and wear, which can lead to longer engine life and improved performance.
Some of the key players operating in the two-wheeler lubricants market are ExxonMobil, Shell, Chevron, Total, BP, FUCHS, Sinopec, CNPC, Petronas, Valvoline, Idemitsu Kosan, LUKOIL, JX Nippon, PTT Lubricants, Petron, Motul, ConocoPhillips.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Two-Wheeler Lubricants Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Two-Wheeler Lubricants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Two-Wheeler Lubricants Market - Supply Chain
4.5. Global Two-Wheeler Lubricants Market Forecast
4.5.1. Two-Wheeler Lubricants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Two-Wheeler Lubricants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Two-Wheeler Lubricants Market Absolute $ Opportunity
5. Global Two-Wheeler Lubricants Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Two-Wheeler Lubricants Market Size and Volume Forecast by Type
5.3.1. Synthetic Oils
5.3.2. Mineral Oils
5.3.3. Bio-Based Lubricants
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Two-Wheeler Lubricants Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Two-Wheeler Lubricants Market Size and Volume Forecast by Application
6.3.1. Motorcycle
6.3.2. Scooter
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Two-Wheeler Lubricants Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Two-Wheeler Lubricants Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Two-Wheeler Lubricants Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Two-Wheeler Lubricants Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Two-Wheeler Lubricants Demand Share Forecast, 2019-2026
9. North America Two-Wheeler Lubricants Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Two-Wheeler Lubricants Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Two-Wheeler Lubricants Market Size and Volume Forecast by Application
9.4.1. Motorcycle
9.4.2. Scooter
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Two-Wheeler Lubricants Market Size and Volume Forecast by Type
9.7.1. Synthetic Oils
9.7.2. Mineral Oils
9.7.3. Bio-Based Lubricants
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Two-Wheeler Lubricants Demand Share Forecast, 2019-2026
10. Latin America Two-Wheeler Lubricants Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Two-Wheeler Lubricants Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Two-Wheeler Lubricants Market Size and Volume Forecast by Application
10.4.1. Motorcycle
10.4.2. Scooter
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Two-Wheeler Lubricants Market Size and Volume Forecast by Type
10.7.1. Synthetic Oils
10.7.2. Mineral Oils
10.7.3. Bio-Based Lubricants
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Two-Wheeler Lubricants Demand Share Forecast, 2019-2026
11. Europe Two-Wheeler Lubricants Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Two-Wheeler Lubricants Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Two-Wheeler Lubricants Market Size and Volume Forecast by Application
11.4.1. Motorcycle
11.4.2. Scooter
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Two-Wheeler Lubricants Market Size and Volume Forecast by Type
11.7.1. Synthetic Oils
11.7.2. Mineral Oils
11.7.3. Bio-Based Lubricants
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Two-Wheeler Lubricants Demand Share, 2019-2026
12. Asia Pacific Two-Wheeler Lubricants Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Two-Wheeler Lubricants Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Two-Wheeler Lubricants Market Size and Volume Forecast by Application
12.4.1. Motorcycle
12.4.2. Scooter
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Two-Wheeler Lubricants Market Size and Volume Forecast by Type
12.7.1. Synthetic Oils
12.7.2. Mineral Oils
12.7.3. Bio-Based Lubricants
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Two-Wheeler Lubricants Demand Share, 2019-2026
13. Middle East & Africa Two-Wheeler Lubricants Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Two-Wheeler Lubricants Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Two-Wheeler Lubricants Market Size and Volume Forecast by Application
13.4.1. Motorcycle
13.4.2. Scooter
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Two-Wheeler Lubricants Market Size and Volume Forecast by Type
13.7.1. Synthetic Oils
13.7.2. Mineral Oils
13.7.3. Bio-Based Lubricants
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Two-Wheeler Lubricants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Two-Wheeler Lubricants Market: Market Share Analysis
14.2. Two-Wheeler Lubricants Distributors and Customers
14.3. Two-Wheeler Lubricants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ExxonMobil
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chevron
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Total
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BP
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FUCHS
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sinopec
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CNPC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Petronas
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Valvoline
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Idemitsu Kosan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. LUKOIL
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. JX Nippon
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. PTT Lubricants
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Petron
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Motul
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. ConocoPhillips
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
