[Ranking] TOP 25 Automotive Lubricants / Automotive Companies Q3/2023
Intro
The automotive industry plays a crucial role in the worldwide economy, driving growth and innovation in various sectors. One sub-industry that is integral to the functioning of automobiles is automotive lubricants. These lubricants are essential for the smooth operation and longevity of engines, transmissions, and other crucial components.
With its profound influence, the automotive lubricants industry has ripple effects across diverse sectors. It not only ensures the optimal performance of vehicles but also contributes to environmental sustainability by reducing friction and improving fuel efficiency. Furthermore, the industry supports jobs and generates revenue for companies involved in manufacturing, distribution, and maintenance.
The economic magnitude of the automotive lubricants industry is impressive, with a steady upward trajectory. As the demand for automobiles continues to rise globally, so does the need for appropriate lubrication. Market research suggests that this sector is expected to experience substantial growth in the coming years, driven by factors such as increasing vehicle sales, technological advancements, and the growing focus on sustainability.
Recent trends, breakthroughs, and obstacles are actively shaping the automotive lubricants industry. The emergence of electric vehicles, for instance, presents both challenges and opportunities for lubricant manufacturers. These companies are now developing specialized lubricants to meet the unique requirements of electric powertrains. Additionally, the industry is closely monitoring regulatory changes and advancements in additive technologies to improve performance and meet stricter environmental standards.
The landscape of the automotive lubricants industry is ever-changing, driven by evolving consumer preferences, technological advancements, and industry regulations. This dynamic environment sets the context for exploring the top companies operating within this sub-industry. By analyzing these leading players, we can gain insights into the latest trends, innovations, and strategies that are shaping the future of automotive lubricants.
Ranking
#25 SK Lubricants
Employees: 2.5K
Revenue: 1.2B$
Website: https://www.sklubricants.com/
Description: SK Lubricants, headquartered in Seoul, South Korea, is a leading player in the Automotive Lubricants industry. Founded in 1968, the company has established itself as a trusted provider of high-quality lubricants for automobiles. With a workforce of approximately 2,500 employees, SK Lubricants is committed to delivering innovative lubrication solutions that enhance the performance and efficiency of automotive engines. The company generates an annual revenue of 1.2 billion US dollars. SK Lubricants' products are widely recognized for their superior quality and are used by automotive manufacturers and service centers around the world. Through continuous research and development, the company strives to stay at the forefront of lubrication technology and meet the evolving needs of the automotive industry.
#24 Valvoline Inc.
Employees: 7.5K
Revenue: 2.5B$
Website: https://www.valvoline.com
Description: Valvoline Inc. is a leading provider of automotive lubricants in the Automotive industry. Headquartered in Lexington, United States, Valvoline has been serving the industry since its establishment in 1866. With a workforce of approximately 7,500 employees, Valvoline generates an annual revenue of 2.5 billion dollars. The company offers a wide range of automotive lubricants, including engine oils, transmission fluids, and gear oils, catering to the diverse needs of vehicle owners and manufacturers. Valvoline's commitment to innovation and quality has positioned it as a trusted brand in the automotive lubricants market, providing reliable and high-performance solutions to customers worldwide.
#23 PTT Public Company Limited
Employees: 5K
Revenue: 4.2B$
Website: https://www.pttplc.com
Description: PTT Public Company Limited, headquartered in Bangkok, Thailand, is a major player in the Automotive Lubricants industry. Founded in 1978, the company has grown to employ approximately 5,000 individuals. With an impressive revenue of 4.2 billion dollars, PTT is a key contributor to the automotive sector. PTT offers a wide range of automotive lubricants that cater to the needs of different vehicles, ensuring optimal performance and efficiency. Their products are known for their high quality and reliability, making PTT a trusted brand among car enthusiasts and professionals alike. Through continuous innovation and research, PTT remains committed to providing cutting-edge lubrication solutions to the automotive industry.
#22 JX Holdings, Inc.
Employees: 20K
Revenue: 5.3B$
Website: https://www.jx-group.co.jp/
Description: JX Holdings, Inc., headquartered in Tokyo, Japan, is a leading player in the Automotive Lubricants industry. With a history dating back to 2010, the company has established itself as a prominent provider of automotive lubricants, catering to the needs of the automotive sector. With a dedicated workforce of approximately 20,000 employees, JX Holdings, Inc. strives to deliver high-quality lubricant products and services to its customers. The company has achieved significant revenue growth, with an estimated annual revenue of 5.3 billion dollars. Through its commitment to innovation and customer satisfaction, JX Holdings, Inc. continues to be a key player in the Automotive Lubricants industry.
#21 Hindustan Petroleum
Employees: 10K
Revenue: 10B$
Website: https://www.hindustanpetroleum.com/
Description: Hindustan Petroleum, headquartered in Mumbai, India, is a leading player in the Automotive Lubricants industry in Asia. Founded in 1974, the company has a workforce of approximately 10,000 employees. With annual revenues of 10 billion dollars, Hindustan Petroleum has established itself as a major contributor to the automotive industry. The company specializes in the production and distribution of automotive lubricants, catering to the needs of various vehicles and engines. Hindustan Petroleum's commitment to quality and innovation has allowed them to build a strong reputation and a loyal customer base in the automotive lubricants sector.
#20 Idemitsu Kosan Co., Ltd.
Employees: 10K
Revenue: 10B$
Website: https://www.idemitsu.com/
Description: Idemitsu Kosan Co., Ltd. is a Japanese company headquartered in Tokyo, Japan. The company, founded in 1911, operates in the Automotive Lubricants industry. With approximately 10,000 employees, Idemitsu Kosan Co., Ltd. specializes in the production and distribution of automotive lubricants. The company's lubricants are designed to provide optimal performance and protection for various types of vehicles, including cars, motorcycles, and commercial vehicles. Idemitsu Kosan Co., Ltd. offers a wide range of lubricant products, including engine oils, transmission fluids, and industrial lubricants. The company's commitment to research and development ensures that its lubricants meet the highest industry standards and deliver exceptional reliability and performance. With a revenue of 10 billion dollars, Idemitsu Kosan Co., Ltd. is a key player in the automotive lubricants industry, serving customers worldwide with its high-quality lubricant solutions.
#19 TNK-BP
Employees: 50K
Revenue: 10B$
Website: https://www.tnk-bp.com
Description: TNK-BP is a leading player in the Automotive Lubricants industry, specializing in the production and distribution of lubricants for automobiles. Headquartered in Moscow, Russia, TNK-BP has been operating since its establishment in 2003. With a workforce of approximately 50,000 employees, the company has achieved impressive revenue of 10 billion dollars. TNK-BP's commitment to innovation and quality has made it a trusted name in the automotive lubricants sector, providing customers with high-performance products that enhance the efficiency and longevity of their vehicles. Through strategic partnerships and a global distribution network, TNK-BP continues to expand its presence in the industry and deliver exceptional lubricant solutions to customers worldwide.
#18 Petronas
Employees: 20K
Revenue: 15B$
Website: https://www.petronas.com/
Description: Petronas, headquartered in Kuala Lumpur, Malaysia, is a leading company in the Automotive Lubricants industry. Founded in 1974, the company has grown to employ approximately 20,000 individuals. With a revenue of 15 billion dollars, Petronas is a major player in the automotive sector, specializing in the production and distribution of high-quality lubricants for various vehicles. The company's lubricants are designed to enhance engine performance, reduce friction, and provide long-lasting protection for automotive systems. Petronas has established a strong presence in the global market, offering a wide range of lubricants that cater to the specific needs of different vehicle types and operating conditions.
#17 Gazprom Neft
Employees: 30K
Revenue: 20B$
Website: https://www.gazprom-neft.com/
Description: Gazprom Neft is a major player in the Automotive Lubricants industry. The company, headquartered in St. Petersburg, Russia, was founded in 2005. With a workforce of approximately 30,000 employees, Gazprom Neft operates in the global market, providing high-quality lubricants and related services to the automotive sector. The company's revenue is estimated to be around 20 billion dollars. Gazprom Neft focuses on developing innovative lubricant solutions that meet the specific needs of the automotive industry, ensuring optimal performance, efficiency, and sustainability. Through its extensive distribution network and partnerships, Gazprom Neft serves customers in various countries, contributing to the smooth operation and longevity of automotive engines and systems.
#16 Repsol S.A.
Employees: 24K
Revenue: 40B$
Website: https://www.repsol.com
Description: Repsol S.A., headquartered in Madrid, Spain, is a major player in the Automotive Lubricants industry. Founded in 1987, the company has grown to employ approximately 24,000 employees worldwide. With a revenue of 40 billion dollars, Repsol S.A. has established itself as a leading provider of automotive lubricants. The company's commitment to innovation and sustainability has allowed it to develop high-quality lubricant products that cater to the diverse needs of the automotive industry. Repsol S.A.'s dedication to research and development ensures that it remains at the forefront of technological advancements in the automotive lubricants sector, enabling it to meet the evolving demands of its customers.
#15 CNOOC Limited
Employees: 7.5K
Revenue: 45B$
Website: https://www.cnoocltd.com
Description: CNOOC Limited is an automotive lubricants company based in Beijing, China. Founded in 1982, the company has grown to become a leading player in the automotive industry. With a workforce of approximately 7,500 employees, CNOOC Limited is dedicated to providing high-quality lubricants for automobiles. The company's revenue stands at an impressive 45 billion US dollars, reflecting its strong presence and success in the automotive lubricants market. CNOOC Limited's commitment to innovation and customer satisfaction has made it a trusted name in the industry, providing reliable and efficient lubricant solutions for automotive applications.
#14 Eni S.p.A.
Employees: 33K
Revenue: 66B$
Website: https://www.eni.com/
Description: Eni S.p.A. is an Italian multinational oil and gas company headquartered in Rome, Italy. Founded in 1953, Eni is one of the world's largest publicly traded oil and gas companies. In the Automotive Lubricants industry, Eni operates as a leading provider of high-quality lubricants for automotive applications. Their lubricants are designed to optimize engine performance, reduce friction, and protect vital engine components. Eni's automotive lubricants are trusted by automotive manufacturers and drivers worldwide to deliver superior performance and reliability. With a strong commitment to research and development, Eni continues to innovate and introduce advanced lubricant solutions that meet the evolving needs of the automotive industry.
#13 Indian Oil Corporation
Employees: 33K
Revenue: 72B$
Website: https://www.iocl.com
Description: Indian Oil Corporation is a leading player in the Automotive Lubricants industry. Headquartered in New Delhi, India, the company was founded in 1964. With a workforce of approximately 33,000 employees, Indian Oil Corporation operates in the Asian continent. The company generates an estimated annual revenue of 72 billion US dollars. Indian Oil Corporation is known for its expertise in producing and distributing a wide range of automotive lubricants, catering to the needs of various vehicles in the automotive sector. Their high-quality lubricants ensure optimal performance, protection, and efficiency of engines, extending their lifespan. With a strong focus on customer satisfaction, Indian Oil Corporation strives to deliver innovative lubricant solutions that meet the evolving demands of the automotive industry.
#12 Petrobras
Employees: 58K
Revenue: 79.6B$
Website: https://www.petrobras.com.br/en/
Description: Petrobras is a South American company based in Rio de Janeiro, Brazil. Founded in 1953, Petrobras operates in the Automotive Lubricants industry. With approximately 58,000 employees, the company generates an annual revenue of 79.6 billion USD. Petrobras is a major player in the automotive lubricants market, providing a wide range of lubricant products for vehicles in the automotive industry. Through its extensive research and development efforts, Petrobras strives to offer high-quality lubricants that enhance engine performance and prolong engine life. The company's commitment to innovation and sustainability has contributed to its success in the automotive lubricants sector.
#11 Reliance Industries Limited
Employees: 195K
Revenue: 85.4B$
Website: https://www.ril.com/
Description: Reliance Industries Limited (RIL) is a leading player in the Automotive Lubricants industry. Headquartered in Mumbai, India, RIL has been operating since its founding in 1966. With a workforce of approximately 195,000 employees, the company is committed to providing high-quality automotive lubricants to customers. RIL has achieved immense success in the industry, recording a revenue of 85.4 billion US dollars. The company's dedication to innovation, sustainability, and customer satisfaction has positioned it as a key player in the global automotive lubricants market.
#10 Lukoil
Employees: 20K
Revenue: 120B$
Website: https://www.lukoil.com
Description: Lukoil is a leading player in the Automotive Lubricants industry. Headquartered in Moscow, Russia, the company was founded in 1991. With a workforce of around 20,000 employees, Lukoil operates globally and has established itself as a major supplier of automotive lubricants. The company's expertise lies in the development, production, and distribution of high-quality lubricants for various automotive applications. Lukoil's lubricants are designed to enhance engine performance, reduce friction, and provide superior protection against wear and tear. With annual revenue of approximately 120 billion dollars, Lukoil continues to expand its presence in the automotive lubricants market, catering to the needs of automobile manufacturers, service centers, and individual consumers worldwide.
#9 Rosneft
Employees: 350K
Revenue: 120B$
Website: https://www.rosneft.com
Description: Rosneft, headquartered in Moscow, Russia, is a major player in the automotive lubricants industry. Founded in 1993, the company has grown to become one of the largest oil companies in the world. With approximately 350,000 employees, Rosneft operates a vast network of refineries, marketing offices, and distribution centers to serve the automotive sector. The company offers a wide range of lubricants specifically designed for automotive applications, including engine oils, transmission fluids, and greases. Rosneft's automotive lubricants are known for their high performance and superior protection, meeting the stringent requirements of modern vehicles. With an annual revenue of 120 billion dollars, Rosneft continues to expand its presence in the automotive lubricants market, catering to the needs of customers worldwide.
#8 Total SE
Employees: 100K
Revenue: 200B$
Website: https://www.total.com/
Description: Total SE is a leading player in the Automotive Lubricants industry. Headquartered in Paris, France, Total operates in Europe and has a significant presence in the global market. With a history dating back to 1924, Total has established itself as a trusted provider of automotive lubricants, catering to the needs of various sectors within the automotive industry. The company boasts a workforce of approximately 100,000 employees, who contribute to its success through their expertise and dedication. Total's revenue of 200 billion dollars highlights its strong financial performance and market position in the automotive lubricants sector.
#7 Saudi Arabian Oil Company
Employees: 79K
Revenue: 200B$
Website: https://www.saudiaramco.com
Description: Saudi Arabian Oil Company, also known as Saudi Aramco, is a major player in the Automotive Lubricants industry. Headquartered in Dhahran, Saudi Arabia, Saudi Aramco is one of the largest oil companies in the world. Founded in 1933, the company has a workforce of approximately 79,000 employees. With revenues of around 200 billion dollars, Saudi Aramco is a key player in the automotive lubricants market. The company operates in the upstream, midstream, and downstream sectors of the oil and gas industry, with a focus on exploration, production, refining, distribution, and marketing of petroleum products. Saudi Aramco's commitment to quality and innovation has established it as a leader in the automotive lubricants industry.
#6 Chevron Corporation
Employees: 48K
Revenue: 260B$
Website: https://www.chevron.com
Description: Chevron Corporation, headquartered in San Ramon, United States, is a leading company in the Automotive Lubricants industry. Founded in 1879, Chevron has grown to become one of the largest global energy corporations. With a workforce of approximately 48,000 employees, Chevron operates in various sectors of the automotive industry, including the production and distribution of high-quality lubricants. The company's lubricants are designed to enhance engine performance, protect against wear and tear, and improve fuel efficiency. Chevron's automotive lubricant products are trusted by car manufacturers, mechanics, and drivers around the world. The company's commitment to innovation and sustainability has solidified its position as a key player in the automotive lubricants market.
#5 Exxon Mobil Corporation
Employees: 70K
Revenue: 265B$
Website: https://corporate.exxonmobil.com
Description: Exxon Mobil Corporation, headquartered in Irving, United States, is a leading player in the Automotive Lubricants industry. Founded in 1870, the company has a workforce of approximately 70,000 employees. With a revenue of 265 billion dollars, Exxon Mobil Corporation is a major player in the market. The company's website can be accessed at https://corporate.exxonmobil.com.
#4 Sinopec Group
Employees: 500K
Revenue: 300B$
Website: https://www.sinopecgroup.com/group/en
Description: Sinopec Group is a major player in the Automotive Lubricants industry. Headquartered in Beijing, China, Sinopec has been operating since 2000. With a workforce of approximately 500,000 employees, the company has established itself as a leading provider of automotive lubricants in the market. Sinopec Group generates a staggering revenue of 300 billion US dollars, making it one of the largest companies in the industry. Through its extensive network and high-quality products, Sinopec Group continues to meet the lubrication needs of the automotive sector, contributing to the efficient performance and longevity of vehicles worldwide.
#3 BP P.l.c.
Employees: 70K
Revenue: 305B$
Website: https://www.bp.com
Description: BP P.l.c. is a leading company in the Automotive Lubricants industry. With its headquarters in London, United Kingdom, BP has been operating since 1909. The company employs approximately 70,000 individuals globally. BP is known for its strong presence in the automotive sector, providing high-quality lubricants for various automotive applications. With a revenue of 305 billion US dollars, BP is a major player in the industry, offering a wide range of lubricant products and services to meet the needs of automotive customers worldwide. Through continuous innovation and a commitment to sustainability, BP remains at the forefront of the Automotive Lubricants industry.
#2 PetroChina Company Limited
Employees: 1.5M
Revenue: 320B$
Website: https://www.petrochina.com.cn/Ptr
Description: PetroChina Company Limited, headquartered in Beijing, China, is a major player in the automotive lubricants industry. Founded in 1999, the company boasts a workforce of approximately 1.5 million employees. With an impressive revenue of 320 billion USD, PetroChina is a leading provider of lubricants for the automotive sector. The company's lubricants are known for their high quality and performance, catering to the needs of various automotive applications. PetroChina's commitment to innovation and customer satisfaction has made them a trusted name in the automotive lubricants industry.
#1 Royal Dutch Shell PLC
Employees: 90K
Revenue: 388B$
Website: https://www.shell.com/
Description: Royal Dutch Shell PLC, headquartered in The Hague, Netherlands, is a major player in the Automotive Lubricants industry. Founded in 1907, Shell has established itself as a leading supplier of automotive lubricants globally. With around 90,000 employees, the company operates a vast network of production facilities and distribution channels to meet the growing demand for high-quality lubricants. Shell's automotive lubricants are designed to enhance engine performance, improve fuel efficiency, and protect vital engine parts, ensuring a smoother and more reliable driving experience. The company's commitment to research and development enables them to offer innovative lubricant solutions that cater to the evolving needs of the automotive industry. With a revenue of 388 billion dollars, Shell continues to be a trusted partner for the automotive sector, providing lubricants that deliver superior performance and reliability.
Summary
According to the analysis of the Automotive Lubricants sub-industry, the top companies have been ranked based on their significant accomplishments and market position. These companies have shown exceptional performance and have secured prominent positions in the industry.
One unexpected finding from the investigation is the rapid growth of the market and the increasing demand for automotive lubricants. This growth can be attributed to the expanding automotive industry and the increasing awareness about the importance of lubrication for vehicle performance and longevity.
Among the premier companies in the Automotive Lubricants sub-industry are Exxon Mobil Corporation, Royal Dutch Shell PLC, Chevron Corporation, Total SA, and BP PLC. These companies have established themselves as key players in the market and are known for their extensive range of high-quality lubricants.
The success of these leading firms can be attributed to their focus on research and development, continuous innovation, and strong distribution networks. They invest heavily in developing advanced lubricant technologies that meet the evolving needs of the automotive industry. Additionally, these companies have robust supply chains and partnerships with automotive manufacturers, which enable them to reach a wide customer base.
What sets these eminent companies apart from their industry rivals is their commitment to sustainability and environmental responsibility. They actively work towards reducing the environmental impact of their products by developing eco-friendly lubricants and implementing sustainable practices throughout their operations. This focus on sustainability not only aligns with increasing consumer demand for environmentally-friendly products but also contributes to their overall brand reputation.