Philippines Automotive Engine Oils Market Size & Share 2033

Philippines Automotive Engine Oils Market Size, Share, Trends, and Forecast by Grade, Engine Type, Vehicle Type, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A28942

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Philippines Automotive Engine Oils Market Overview:

The Philippines automotive engine oils market size reached USD 342.78 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 559.75 Million by 2033, exhibiting a growth rate (CAGR) of 5.20% during 2025-2033. Growing vehicle ownership, the need for fuel-efficient lubricants, stricter pollution standards, the escalating demand for synthetic and semi-synthetic oils, and the growth of the automotive aftermarket are all driving the market's expansion.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 342.78 Million
Market Forecast in 2033	USD 559.75 Million
Market Growth Rate (2025-2033)	5.20%

Philippines Automotive Engine Oils Market Trends:

Rising Demand for High-Performance Synthetic Lubricants

In the Philippines, the use of synthetic and semi-synthetic engine oils is growing in popularity due to growing recognition of their greater performance advantages over traditional mineral-based oils. Due to their increased fuel efficiency, decreased engine wear, and improved thermal stability, synthetic lubricants are becoming more popular with fleet managers and individual consumers. Manufacturers are concentrating on synthetic formulations that increase engine longevity and prolong oil change intervals since modern automobiles need lubricants that support cutting-edge engine technologies. For instance, in April 2023, Idemitsu officially launched its latest engine oil series in the Philippines at the 2023 Manila International Auto Show. The new products: IDEMITSU IFG, IFD, and IRG offer advanced formulations tailored for four-wheelers and motorcycles. Idemitsu Lubricants Philippines supplies premium lubricants to major Japanese OEMs. Additionally, the expansion of e-commerce and online auto part sales is making premium lubricants more accessible. The growing availability of international and premium-grade lubricants in the local market further supports the transition toward high-performance synthetic engine oils.

Growth in the Automotive Aftermarket and Maintenance Services

The Philippines automotive aftermarket sector is witnessing strong growth, positively impacting the demand for engine oils. Rising vehicle ownership, particularly in urban areas, has led to increased demand for periodic oil changes and preventive maintenance services. For instance, according to the industry reports, the Philippines' vehicle sales hit a record high in 2024, reaching 467,252 units, an 8.7% increase from 2023's 429,807 units. With an average vehicle lifespan exceeding 15 years, the demand for replacement parts and repair services continues to rise. Independent service centers, quick-lube stations, and dealership service centers are expanding their offerings to include specialized lubricants catering to different vehicle types, including passenger cars, commercial vehicles, and motorcycles. Additionally, increasing awareness of proper engine maintenance among vehicle owners is encouraging more frequent oil changes, particularly with the increasing adoption of ride-hailing and delivery services that require high-performance lubricants. As vehicle fleets age, demand for aftermarket engine oils will continue to grow, supporting a thriving automotive service ecosystem in the country.

Philippines Automotive Engine Oils Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on grade, engine type, and vehicle type.

Grade Insights:

Mineral
Semi-synthetic
Fully-synthetic

The report has provided a detailed breakup and analysis of the market based on the grade. This includes mineral, semi-synthetic, and fully-synthetic.

Engine Type Insights:

Gasoline
Diesel
Alternative Fuels

A detailed breakup and analysis of the market based on the engine type have also been provided in the report. This includes gasoline, diesel, and alternative fuels.

Vehicle Type Insights:

Commercial Vehicle
Motorcycle
Passenger Vehicle

A detailed breakup and analysis of the market based on the engine type have also been provided in the report. This includes commercial vehicle, motorcycle, and passenger vehicle.

Regional Insights:

Luzon
Visayas
Mindanao

The report has also provided a comprehensive analysis of all the major regional markets, which include Luzon, Visayas, and Mindanao.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Philippines Automotive Engine Oils Market News:

In April 2024, ENI, an Italy-based global energy company, introduced its innovative lubricants in the Philippines at the Inside Racing Bike Fest and Trade Show 2024. The company launched specialized products, including transmission oils, coolants, brake fluids, and greases, catering to diverse automotive needs. ENI's product lines, namely I-Sint, I-Sint Tech, and I-Sint Professional, offer high-performance lubrication solutions for various vehicles. Committed to sustainability, ENI focuses on fuel-efficient, low-viscosity, and durable lubricants while supporting social and environmental initiatives. ENI’s expansion into the Philippines marks its commitment to providing high-quality lubricants and fostering local automotive industry growth.
In October 2024, Fuchs introduced its Titan lubricant lineup, offering a comprehensive range of engine oils, gear oils, and service fluids. Designed for modern vehicles, the Titan range enhances engine protection and fuel efficiency. Fuchs is also promoting its BluEV technology for hybrid and electric vehicles.

Philippines Automotive Engine Oils Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Grade Engine Type Vehicle Type Region
Grades Covered	Mineral, Semi-synthetic, Fully-synthetic
Engine Types Covered	Gasoline, Diesel, Alternative Fuels
Vehicle Types Covered	Commercial Vehicle, Motorcycle, Passenger Vehicle
Regions Covered	Luzon, Visayas, Mindanao
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Philippines automotive engine oils market performed so far and how will it perform in the coming years?
What is the breakup of the Philippines automotive engine oils market on the basis of grade?
What is the breakup of the Philippines automotive engine oils market on the basis of engine type?
What is the breakup of the Philippines automotive engine oils market on the basis of vehicle type?
What are the various stages in the value chain of the Philippines automotive engine oils market?
What are the key driving factors and challenges in the Philippines automotive engine oils market?
What is the structure of the Philippines automotive engine oils market and who are the key players?
What is the degree of competition in the Philippines automotive engine oils market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Philippines automotive engine oils market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Philippines automotive engine oils market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Philippines automotive engine oils industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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