The Global Mineral Engine Oil Market was valued at USD 39.85 Billion in 2023 and is projected to reach USD 48.72 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 2.9% during the forecast period (2024–2030). This sustained growth is underpinned by the vast global vehicle parc, consistent demand from the automotive aftermarket, and the continued preference for cost-effective lubricants in commercial fleets and emerging economies.

As engine technologies evolve and environmental regulations tighten, the focus shifts to lubricant manufacturers who are balancing performance with sustainability. In this analysis, we profile the Top 10 Companies in the Mineral Engine Oil Industry—a group of established lubricant giants and specialty brands that are defining lubrication standards for millions of engines worldwide.

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🔟 1. ExxonMobil (Mobil)

Headquarters: Irving, Texas, USA
Key Offering: Mobil Super, Mobil 1, Mobil Delvac

ExxonMobil, through its Mobil brand, is a global leader in lubricants, with a comprehensive portfolio of mineral and synthetic engine oils. Its products are trusted by automotive OEMs, commercial fleets, and individual consumers for their proven engine protection and performance across diverse operating conditions.

Innovation & Market Position:

• Extensive R&D in base oil and additive technology

• Strong global supply chain and distribution network

• Focus on extending oil drain intervals and improving fuel economy

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9️⃣ 2. Shell PLC

Headquarters: London, United Kingdom
Key Offering: Shell Helix, Shell Rimula, Shell Rotella

Shell is one of the world’s largest lubricant suppliers, with its Shell Helix brand leading in the passenger vehicle segment and Shell Rotella/Rimula dominating the heavy-duty diesel market. The company leverages its integrated position as an oil major to ensure consistent quality and supply.

Innovation & Market Position:

• Pioneering PurePlus Technology for advanced lubrication

• Strategic partnerships with major automotive manufacturers

• Global leadership in both consumer and industrial lubricants

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8️⃣ 3. BP PLC (Castrol)

Headquarters: London, United Kingdom
Key Offering: Castrol GTX, Castrol EDGE, Castrol MAGNATEC

Castrol, a BP brand, is synonymous with high-performance engine oils. Its extensive range of mineral and synthetic blends is engineered to meet the demands of modern engines, with a strong focus on innovation in friction reduction and engine cleanliness.

Innovation & Market Position:

• Titanium-strengthened formulas in Castrol EDGE for maximum performance

• Strong brand recognition and loyalty in the automotive aftermarket

• Continuous investment in lubricant technology for electric vehicle fluids and hybrids

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7️⃣ 4. Valvoline Inc.

Headquarters: Lexington, Kentucky, USA
Key Offering: Valvoline Daily Protection, Valvoline High Mileage, Valvoline Premium Blue

Valvoline has a long-standing reputation in the engine care market, offering a wide array of mineral-based oils for every vehicle type. The company has a significant presence in the quick-lube service sector through its Valvoline Instant Oil Change network.

Innovation & Market Position:

• Specialized formulations for high-mileage engines

• Direct-to-consumer retail and service center model

• Focus on the commercial vehicle and fleet segment

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6️⃣ 5. TotalEnergies

Headquarters: Paris, France
Key Offering: Total Quartz, Total Rubia

TotalEnergies is a major global energy and lubricant producer. Its Total Quartz line for passenger cars and Total Rubia for commercial vehicles are widely recognized for their quality and performance, backed by the company’s extensive refining capabilities.

Innovation & Market Position:

• Strong market share across Europe, Africa, and Asia

• OEM approvals from major European and Asian car manufacturers

• Commitment to developing more sustainable lubricant solutions

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5️⃣ 6. Chevron Corporation

Headquarters: San Ramon, California, USA
Key Offering: Havoline, Techron, Delo

Chevron’s lubricants business, featuring the Havoline and Delo brands, is a key player in the global market. The company is renowned for its technological expertise, particularly in additive packages that enhance engine cleanliness and protection.

Innovation & Market Position:

• Advanced deposit-fighting technology in Havoline formulations

• Delo brand leadership in the heavy-duty and mining sectors

• Integrated supply chain from base oil production to finished lubricants

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4️⃣ 7. Indian Oil Corporation Ltd. (IOCL)

Headquarters: New Delhi, India
Key Offering: Servo

Indian Oil’s Servo brand is the leading lubricant in India and has a growing international footprint. It offers a complete range of mineral engine oils for automotive and industrial applications, catering to the specific needs of the price-sensitive yet rapidly growing Asian markets.

Innovation & Market Position:

• Dominant market leader in India with an extensive distribution network

• Products tailored for varying climatic conditions and fuel qualities

• Strong focus on R&D for indigenous product development

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3️⃣ 8. Motul

Headquarters: Paris, France
Key Offering: Motul 5100, Motul 7100, Motul 300V

Motul is a renowned French lubricant company with a rich heritage, particularly in the high-performance and motorcycle sectors. While famous for its synthetic oils, it also offers high-quality mineral-based lubricants that are prized by enthusiasts and professionals alike.

Innovation & Market Position:

• Strong reputation in the motorsports and motorcycle communities

• Technologically advanced formulations for high-stress applications

• Global presence with a focus on specialty and niche markets

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2️⃣ 9. Petronas

Headquarters: Kuala Lumpur, Malaysia
Key Offering: Petronas Syntium, Petronas Urania

Petronas, Malaysia’s national oil company, has built a formidable global lubricants business. Its Syntium range for passenger vehicles and Urania for commercial vehicles are engineered to meet international standards, supported by the company’s technical partnerships in Formula One racing.

Innovation & Market Position:

• Technology transfer from its high-profile involvement in motorsports

• Rapidly expanding market share in Southeast Asia and the Middle East

• Strong portfolio of OEM-approved lubricants

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1️⃣ 10. FUCHS Petrolub SE

Headquarters: Mannheim, Germany
Key Offering: Fuchs Titan, Fuchs Silkolene

FUCHS is the world’s largest independent lubricant manufacturer, specializing in a vast array of lubricants for every conceivable application. Its Titan brand offers high-quality mineral engine oils that are respected for their reliability and performance in both automotive and industrial sectors.

Innovation & Market Position:

• Global production network with over 60 companies

• Strong focus on industrial lubricants with spill-over technology into automotive

• Reputation for technical expertise and customer-specific solutions

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🚗 Outlook: The Future of Mineral Engine Oil is Smarter and More Sustainable

The mineral engine oil market is navigating a complex landscape. While synthetic oils are gaining share in developed markets, conventional mineral oils continue to hold a dominant position globally due to their cost-effectiveness and suitability for older engine designs. The industry’s evolution is now centered on enhancing formulation efficiency, meeting stricter environmental standards, and adapting to the changing internal combustion engine fleet.

📈 Key Trends Shaping the Market:

• Growing demand for high-mileage engine oils as the global vehicle fleet ages

• Increasing stringency of emission regulations (e.g., Euro 7, China 6) driving formulation improvements

• Rising adoption of lower-viscosity grades for improved fuel economy

• Expansion of the automotive aftermarket in Asia-Pacific and Latin America

The companies profiled above are not just supplying lubricants; they are essential partners in maintaining the health and efficiency of the world’s transportation infrastructure. Their ongoing investments in research and global supply chains ensure that mineral engine oil remains a vital and evolving product category.

Get Full Report Here: Mineral Engine Oil Market – View in Detailed Research Report