Global Automotive Suspension System Lubricants Market 2024-2028

The automotive suspension system lubricants market is forecasted to grow by USD 27.94 mn during 2023-2028, accelerating at a CAGR of 4.54% during the forecast period. The report on the automotive suspension system lubricants market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.1%
CAGR	4.54%
Incremental Value	$27.94mn

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the use of MR fluid suspension oils, increased penetration of sealed-for-life automotive components, and increased adoption of independent suspension systems.

Technavio's automotive suspension system lubricants market is segmented as below:

By Product

Semi-solid lubricants
Liquid and aerosol lubricants

By Application

Passenger car
Commercial vehicle

By Geography

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the development of specialized suspension system lubricants for racing vehicles as one of the prime reasons driving the automotive suspension system lubricants market growth during the next few years. Also, the use of biodegradable materials in automotive suspension system lubricants and rising sales of automotive suspension system lubricants on e-commerce websites will lead to sizable demand in the market.

The report on the automotive suspension system lubricants market covers the following areas:

Automotive suspension system lubricants market sizing
Automotive suspension system lubricants market forecast
Automotive suspension system lubricants market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive suspension system lubricants market vendors that include BP Plc, Chevron Corp., China National Petroleum Corp., ENEOS Holdings Inc., Exxon Mobil Corp., Ferdinand Bilstein GmbH plus Co. KG, FUCHS PETROLUB SE, Gulf Oil International Ltd, Idemitsu Kosan Co. Ltd., Lucas Oil Products Inc., Millers Oils Ltd., MOTUL SA, PETRONAS Chemicals Group Berhad, Phillips 66, Sharp International, Shell plc, Sinopec Shanghai Petrochemical Co. Ltd., TotalEnergies SE, Valvoline Inc., and WD 40 Co.. Also, the automotive suspension system lubricants market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR46664

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global automotive suspension system lubricants market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global automotive suspension system lubricants market 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Semi-solid lubricants - Market size and forecast 2023-2028
Exhibit 34: Chart on Semi-solid lubricants - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Semi-solid lubricants - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Semi-solid lubricants - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Semi-solid lubricants - Year-over-year growth 2023-2028 (%)
6.4 Liquid and aerosol lubricants - Market size and forecast 2023-2028
Exhibit 38: Chart on Liquid and aerosol lubricants - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Liquid and aerosol lubricants - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Liquid and aerosol lubricants - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Liquid and aerosol lubricants - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
Exhibit 42: Market opportunity by Product ($ million)
Exhibit 43: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 44: Chart on Application - Market share 2023-2028 (%)
Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 46: Chart on Comparison by Application
Exhibit 47: Data Table on Comparison by Application
7.3 Passenger car - Market size and forecast 2023-2028
Exhibit 48: Chart on Passenger car - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Passenger car - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Passenger car - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Passenger car - Year-over-year growth 2023-2028 (%)
7.4 Commercial vehicle - Market size and forecast 2023-2028
Exhibit 52: Chart on Commercial vehicle - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Commercial vehicle - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Commercial vehicle - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Commercial vehicle - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
Exhibit 56: Market opportunity by Application ($ million)
Exhibit 57: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share by geography 2023-2028 (%)
Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 83: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 91: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
Exhibit 95: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
Exhibit 103: Market opportunity by geography ($ million)
Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 BP Plc
Exhibit 111: BP Plc - Overview
Exhibit 112: BP Plc - Business segments
Exhibit 113: BP Plc - Key news
Exhibit 114: BP Plc - Key offerings
Exhibit 115: BP Plc - Segment focus
12.4 Chevron Corp.
Exhibit 116: Chevron Corp. - Overview
Exhibit 117: Chevron Corp. - Business segments
Exhibit 118: Chevron Corp. - Key news
Exhibit 119: Chevron Corp. - Key offerings
Exhibit 120: Chevron Corp. - Segment focus
12.5 China National Petroleum Corp.
Exhibit 121: China National Petroleum Corp. - Overview
Exhibit 122: China National Petroleum Corp. - Product / Service
Exhibit 123: China National Petroleum Corp. - Key offerings
12.6 ENEOS Holdings Inc.
Exhibit 124: ENEOS Holdings Inc. - Overview
Exhibit 125: ENEOS Holdings Inc. - Product / Service
Exhibit 126: ENEOS Holdings Inc. - Key offerings
12.7 Exxon Mobil Corp.
Exhibit 127: Exxon Mobil Corp. - Overview
Exhibit 128: Exxon Mobil Corp. - Business segments
Exhibit 129: Exxon Mobil Corp. - Key news
Exhibit 130: Exxon Mobil Corp. - Key offerings
Exhibit 131: Exxon Mobil Corp. - Segment focus
12.8 Ferdinand Bilstein GmbH plus Co. KG
Exhibit 132: Ferdinand Bilstein GmbH plus Co. KG - Overview
Exhibit 133: Ferdinand Bilstein GmbH plus Co. KG - Product / Service
Exhibit 134: Ferdinand Bilstein GmbH plus Co. KG - Key offerings
12.9 FUCHS PETROLUB SE
Exhibit 135: FUCHS PETROLUB SE - Overview
Exhibit 136: FUCHS PETROLUB SE - Business segments
Exhibit 137: FUCHS PETROLUB SE - Key news
Exhibit 138: FUCHS PETROLUB SE - Key offerings
Exhibit 139: FUCHS PETROLUB SE - Segment focus
12.10 Idemitsu Kosan Co. Ltd.
Exhibit 140: Idemitsu Kosan Co. Ltd. - Overview
Exhibit 141: Idemitsu Kosan Co. Ltd. - Business segments
Exhibit 142: Idemitsu Kosan Co. Ltd. - Key offerings
Exhibit 143: Idemitsu Kosan Co. Ltd. - Segment focus
12.11 Lucas Oil Products Inc.
Exhibit 144: Lucas Oil Products Inc. - Overview
Exhibit 145: Lucas Oil Products Inc. - Product / Service
Exhibit 146: Lucas Oil Products Inc. - Key offerings
12.12 MOTUL SA
Exhibit 147: MOTUL SA - Overview
Exhibit 148: MOTUL SA - Product / Service
Exhibit 149: MOTUL SA - Key offerings
12.13 Phillips 66
Exhibit 150: Phillips 66 - Overview
Exhibit 151: Phillips 66 - Business segments
Exhibit 152: Phillips 66 - Key offerings
Exhibit 153: Phillips 66 - Segment focus
12.14 Shell plc
Exhibit 154: Shell plc - Overview
Exhibit 155: Shell plc - Business segments
Exhibit 156: Shell plc - Key offerings
Exhibit 157: Shell plc - Segment focus
12.15 Sinopec Shanghai Petrochemical Co. Ltd.
Exhibit 158: Sinopec Shanghai Petrochemical Co. Ltd. - Overview
Exhibit 159: Sinopec Shanghai Petrochemical Co. Ltd. - Business segments
Exhibit 160: Sinopec Shanghai Petrochemical Co. Ltd. - Key news
Exhibit 161: Sinopec Shanghai Petrochemical Co. Ltd. - Key offerings
Exhibit 162: Sinopec Shanghai Petrochemical Co. Ltd. - Segment focus
12.16 TotalEnergies SE
Exhibit 163: TotalEnergies SE - Overview
Exhibit 164: TotalEnergies SE - Business segments
Exhibit 165: TotalEnergies SE - Key news
Exhibit 166: TotalEnergies SE - Key offerings
Exhibit 167: TotalEnergies SE - Segment focus
12.17 Valvoline Inc.
Exhibit 168: Valvoline Inc. - Overview
Exhibit 169: Valvoline Inc. - Business segments
Exhibit 170: Valvoline Inc. - Key offerings
Exhibit 171: Valvoline Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 172: Inclusions checklist
Exhibit 173: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 174: Currency conversion rates for US$
13.4 Research methodology
Exhibit 175: Research methodology
Exhibit 176: Validation techniques employed for market sizing
Exhibit 177: Information sources
13.5 List of abbreviations
Exhibit 178: List of abbreviations