Canada Passenger Vehicles Lubricants Market Analysis
The Canada Passenger Vehicles Lubricants Market size is estimated at 168.54 million liters in 2025, and is expected to reach 176.70 million liters by 2030, at a CAGR of 0.95% 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 short drain intervals. Also, it is used in high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Engine Oils : The growth in passenger vehicle sales in the country, post the economic recovery from the COVID-19 impact, is likely to drive the demand for hydraulic fluids during 2021-2026.
Canada Passenger Vehicles Lubricants Market Trends
Largest Segment By Product Type : Engine Oils
- The passenger vehicle lubricant consumption in Canada increased during 2015-2018. However, the Y-o-Y growth rates during this period were fluctuating, owing to the changing passenger vehicle production outputs. The consumption dropped by around 2.17% during 2018-2019, caused by the increased penetration of synthetic lubricants with longer drain intervals. Additionally, there was an estimated decline of 2.54% in the average annual mileage of passenger vehicles in the country during this period.
- Post the COVID-19 outbreak, there has been a major decline in the usage of personal vehicles for commuting. Moreover, maintenance activities of passenger vehicles have significantly declined.
- With the lockdown measures being slowly eased, there has been a surge in the usage of personal vehicles, which may drive the recovery of passenger vehicle lubricant consumption.
Canada Passenger Vehicles Lubricants Industry Overview
The Canada Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 95.51%. The major players in this market are BP PLC (Castrol), ExxonMobil Corporation, HollyFrontier (PetroCanada lubricants), Royal Dutch Shell Plc and Valvoline Inc. (sorted alphabetically).
Canada Passenger Vehicles Lubricants Market Leaders
BP PLC (Castrol)
ExxonMobil Corporation
HollyFrontier (Petro‑Canada lubricants)
Royal Dutch Shell Plc
Valvoline Inc.
- *Disclaimer: Major Players sorted in no particular order
Canada Passenger Vehicles Lubricants Market News
- June 2021: TotalEnergies and Stellantis group renewed their partnership for cooperation across different segments. Along with the renewal of partnerships with Peugeot, Citroën, and DS Automobiles, the new collaboration extends to Opel, and Vauxhall as well. This partnership includes the development and innovation of lubricants, first-fill in Stellantis group vehicles, recommendation of Quartz lubricants, and shared usage of charging stations operated by TotalEnergies, among others.
- 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.
