Philippines Passenger Vehicles Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2025 - 2030)

The Philippines Passenger Vehicles Lubricants Market is segmented by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils )

Philippines Passenger Vehicles Lubricants Market Size

Philippines Passenger Vehicles Lubricants Market Summary
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Philippines Passenger Vehicles Lubricants Market Analysis

The Philippines Passenger Vehicles Lubricants Market size is estimated at 11.27 million liters in 2025, and is expected to reach 13.94 million liters by 2030, at a CAGR of 4.35% during the forecast period (2025-2030).

  • Largest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and shorter drain intervals, as it is used in high-temperature and high-pressure applications.
  • Fastest Segment by Product Type - Transmission & Gear Oils : A rise in the adoption of automatic transmissions and gradual expansion in the electric vehicles sector may boost the sector's transmission oils demand in the future.

Philippines Passenger Vehicles Lubricants Industry Overview

The Philippines Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 76.11%. The major players in this market are BP Plc (Castrol), Chevron Corporation, Petron Corporation, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).

Philippines Passenger Vehicles Lubricants Market Leaders

  1. BP Plc (Castrol)

  2. Chevron Corporation

  3. Petron Corporation

  4. Royal Dutch Shell Plc

  5. TotalEnergies

  6. *Disclaimer: Major Players sorted in no particular order
Philippines Passenger Vehicles Lubricants Market Concentration
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Philippines Passenger Vehicles Lubricants Market News

  • June 2021: Pilipinas Shell Petroleum Corp. extended its partnership with Isuzu Philippines Corp. till 2023. In this partnership, Shell has to supply its lubricants, fuels, and other products to Isuzu for two years.
  • March 2021: Castrol announced the launch of Castrol ON (a Castrol e-fluid range that includes e-gear oils, e-coolants, and e-greases) to its product portfolio. This range is specially designed for electric vehicles.
  • March 2021: Hyundai Motor Company and Royal Dutch Shell PLC announced a five-year global business cooperation agreement, with a new focus on clean energy and carbon reduction, to help Hyundai continue its transformation as a Smart Mobility Solution Provider.

Philippines Passenger Vehicles Lubricants Market Report - Table of Contents

1. Executive Summary & Key Findings

2. Introduction

  • 2.1 Study Assumptions & Market Definition
  • 2.2 Scope of the Study
  • 2.3 Research Methodology

3. Key Industry Trends

  • 3.1 Automotive Industry Trends
  • 3.2 Regulatory Framework
  • 3.3 Value Chain & Distribution Channel Analysis

4. Market Segmentation

  • 4.1 By Product Type
    • 4.1.1 Engine Oils
    • 4.1.2 Greases
    • 4.1.3 Hydraulic Fluids
    • 4.1.4 Transmission & Gear Oils

5. Competitive Landscape

  • 5.1 Key Strategic Moves
  • 5.2 Market Share Analysis
  • 5.3 Company Profiles
    • 5.3.1 BP Plc (Castrol)
    • 5.3.2 Chevron Corporation
    • 5.3.3 Gulf Oil International
    • 5.3.4 Petron Corporation
    • 5.3.5 Phoenix Petroleum
    • 5.3.6 PTT Lubricants
    • 5.3.7 Rainchem International Inc.
    • 5.3.8 Royal Dutch Shell Plc
    • 5.3.9 SEAOIL Philippines Inc.
    • 5.3.10 TotalEnergies
  • *List Not Exhaustive

6. Appendix

  • 6.1 Appendix-1 References
  • 6.2 Appendix-2 List of Tables & Figures

7. Key Strategic Questions for Lubricants CEOs

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Philippines Passenger Vehicles Lubricants Industry Segmentation

By Product Type Engine Oils
Greases
Hydraulic Fluids
Transmission & Gear Oils
By Product Type
Engine Oils
Greases
Hydraulic Fluids
Transmission & Gear Oils
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Philippines Passenger Vehicles Lubricants Market Research FAQs

How big is the Philippines Passenger Vehicles Lubricants Market?

The Philippines Passenger Vehicles Lubricants Market size is expected to reach 11.27 million Liters in 2025 and grow at a CAGR of 4.35% to reach 13.94 million Liters by 2030.

What is the current Philippines Passenger Vehicles Lubricants Market size?

In 2025, the Philippines Passenger Vehicles Lubricants Market size is expected to reach 11.27 million Liters.

Who are the key players in Philippines Passenger Vehicles Lubricants Market?

BP Plc (Castrol), Chevron Corporation, Petron Corporation, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the Philippines Passenger Vehicles Lubricants Market.

What years does this Philippines Passenger Vehicles Lubricants Market cover, and what was the market size in 2024?

In 2024, the Philippines Passenger Vehicles Lubricants Market size was estimated at 10.78 million Liters. The report covers the Philippines Passenger Vehicles Lubricants Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Philippines Passenger Vehicles Lubricants Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: June 9, 2023

Philippines Passenger Vehicles Lubricants Industry Report

Statistics for the 2025 Philippines Passenger Vehicles Lubricants market share, size and revenue growth rate, created by Mordor Intelligenceâ„¢ Industry Reports. Philippines Passenger Vehicles Lubricants analysis includes a market forecast outlook for 2025 to 2030) and historical overview. Get a sample of this industry analysis as a free report PDF download.

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