China Automotive Lubricants Market Outlook

the automotive lubricants market in china is expected to witness significant growth over the forecast period, driven by the growing automotive industry. currently, the demand for china automotive lubricants market is increasing due to the rising sales of premium automobiles and passenger cars in the country. with the expansion of production and sales of low fuel emission cars, the passenger car segment is likely to grow quickly, thus creating an increased demand for lubricants over the forecast period. the presence of a large number of vehicle manufacturers has allowed for the growth of the automotive lubricants market. with the advancement of technology, automotive companies are introducing new and improved lubricants in order to reduce vehicle emissions. this trend is expected to further fuel the growth of the market in china over the forecast period. in terms of product type, mineral oil-based lubricants hold the majority of the market share, accounting for over 60% of the total demand. synthetic-based lubricants, which include synthetic ester based lubricants, synthetic polyalphaolefins based lubricants and others, are also expected to witness strong growth as more car manufacturers adopt these lubricants for their vehicles. in terms of distribution channel, the lubricant market is mainly supplied through the dealers and distributors network. the presence of a large number of dealers and distributors in china has enabled the industry players to easily reach out to customers and maintain their market share. additionally, the penetration of online retailing has enabled customers to purchase lubricants directly from manufacturers, thus further driving the growth of the market. moreover, the rapid development of the automotive aftermarket in china, supported by the increasing number of vehicles in the country, has also contributed to the growth of the market. vehicle owners in china are more active in terms of vehicle maintenance and replacement of accessory parts, which has further fuelled the demand for automotive lubricants. overall, the increasing adoption of lubricants, as well as the growth of the automotive aftermarket in china, is expected to fuel the growth of the demand for automotive lubricants observed from 2018 to 2032.