Top 10 Companies in the Mineral Engine Oil Industry (2025): Market Leaders Powering Vehicle Performance

In Business Insights
August 11, 2025

The Global Mineral Engine Oil Market was valued at USD 22.5 Billion in 2023 and is projected to reach USD 28.9 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast period (2024–2030). This steady expansion is driven by increasing vehicle parc, growing demand for affordable lubricants, and the extensive global automotive service network requiring high-volume fluid changes.

As engine technologies advance alongside tightening environmental regulations, mineral oil producers are focusing on enhanced formulations that bridge the gap between conventional and synthetic lubricants. This analysis showcases the Top 10 Companies in the Mineral Engine Oil Industry – petroleum majors and specialty lubricant manufacturers maintaining dominance through innovation and distribution prowess.


🔟 1. Shell plc

Headquarters: London, United Kingdom
Key Brands: Shell Helix, Shell Rimula

Shell maintains premier positioning with 12% of global lubricant market share. Their mineral engine oils serve everything from passenger vehicles to mining equipment, with formulations optimized for regional climate conditions and fuel quality variances.

Technological Advantages:

  • Active Cleansing Technology preventing sludge formation
  • Global manufacturing footprint across 40+ countries
  • Partnerships with 15+ major OEMs for factory-fill applications

Download FREE Sample Report: Mineral Engine Oil Market – View in Detailed Research Report


9️⃣ 2. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Brands: Mobil Super, Mobil Delvac

ExxonMobil leverages its petroleum refining integration to produce cost-effective mineral oils meeting both API and OEM specifications. Their products are available through 250,000+ retail locations globally.

Technological Advantages:

  • Proprietary anti-wear additive packages
  • Specialized formulations for high-mileage engines
  • Strategic alliances with quick-lube chains

8️⃣ 3. BP Plc (Castrol)

Headquarters: London, United Kingdom
Key Brands: Castrol GTX, Castrol Magnatec

Castrol’s mineral oils feature patented fluid technology that adapts to engine conditions. The brand maintains strong positions in both developed markets and rapidly motorizing economies.

Technological Advantages:

  • Ionic Bonding Technology for continuous protection
  • Extensive OEM approvals including BMW, Mercedes-Benz
  • Leadership in Latin American and African markets

Download FREE Sample Report: Mineral Engine Oil Market – View in Detailed Research Report


7️⃣ 4. Chevron Corporation

Headquarters: San Ramon, California, USA
Key Brands: Havoline, Delo

Chevron combines upstream crude advantages with advanced additive technology to deliver mineral oils with exceptional thermal stability, particularly suited for commercial fleets.

Technological Advantages:

  • ISOSYN Technology for deposit control
  • Strong positions in NAFTA and APAC trucking markets
  • Partnerships with major fleet operators

6️⃣ 5. TotalEnergies SE

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

TotalEnergies dominates the European mineral oil market while expanding aggressively in Africa. Their formulations address unique challenges like high-sulfur fuels and extreme temperatures.

Technological Advantages:

  • Advanced metal passivation technology
  • Co-engineered products with Renault, PSA
  • Market leader in Francophone Africa

5️⃣ 6. Valvoline Inc.

Headquarters: Lexington, Kentucky, USA
Key Brands: Valvoline Premium, Valvoline DuraBlend

Valvoline’s mineral oils power over 100 million vehicles annually through 1,400+ company-operated service centers and extensive distribution networks.

Technological Advantages:

  • Proprietary MaxLife additives for older engines
  • Exclusive partnerships with major retailers
  • Strong DIY market penetration

4️⃣ 7. Petronas Lubricants International

Headquarters: Kuala Lumpur, Malaysia
Key Brands: Syntium, Urania

Petronas grows rapidly across Asia Pacific and Middle East through strategic positioning as an affordable quality alternative to Western brands.

Technological Advantages:

  • Tropical climate formulations
  • Motor sports technology transfer
  • Strong OEM relationships in ASEAN markets

3️⃣ 8. Indian Oil Corporation Ltd.

Headquarters: New Delhi, India
Key Brands: Servo, Servo Prime

IOCL commands 40%+ of India’s lubricant market with products specifically developed for the country’s driving conditions, fuel quality, and vehicle mix.

Technological Advantages:

  • Cost-effective formulations for budget-conscious consumers
  • Extensive rural distribution network
  • Strong government and fleet contracts

2️⃣ 9. Idemitsu Kosan Co., Ltd.

Headquarters: Tokyo, Japan
Key Brands: Zepro, Idemitsu Super

Idemitsu excels in precision mineral formulations meeting stringent Japanese OEM specifications while expanding across Southeast Asia.

Technological Advantages:

  • Advanced friction modifiers for fuel economy
  • Co-development with Japanese automakers
  • Specialized motorcycle oils

1️⃣ 10. Sinopec Corporation

Headquarters: Beijing, China
Key Brands: Great Wall, Sinopec Lubricant

Sinopec dominates China’s mineral oil market through national distribution networks and competitive pricing, increasingly exporting to emerging markets.

Technological Advantages:

  • Integrated refinery-to-retail operations
  • Custom solutions for Chinese vehicle manufacturers
  • Rapid international expansion in Africa and South America

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


🛢️ Outlook: Mineral Engine Oil’s Evolving Role

The mineral engine oil segment continues evolving with improved additives and blending technologies that narrow the performance gap with synthetics while maintaining cost advantages. Emerging markets will drive volume growth as vehicle ownership expands.

📈 Critical Market Developments:

  • Premium mineral blends capturing mid-market segments
  • Extended drain interval formulations reducing maintenance costs
  • Enhanced environmental profile through advanced base oil refining
  • Strategic acquisitions consolidating regional players

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

The industry leaders profiled above continue to drive innovation while maintaining the cost and availability advantages that keep mineral engine oils relevant in global automotive maintenance.