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Europe Lubricants Market Size & Share Analysis - Growth Trends & Forecasts Up To 2026

The report covers Lubricant Suppliers in Europe and the market is segmented by End User ( Automotive, Heavy Equipment, Metallurgy & Metalworking, Power Generation ) , by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission & Gear Oils ) and by Country ( France, Germany, Italy, Russia, Spain, United Kingdom ).

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Europe Lubricants Market Size

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Europe Lubricants Market
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svg icon Study Period 2015 - 2026
svg icon Market Volume (2024) 6.30 Billion Liters
svg icon Market Volume (2026) 6.53 Billion Liters
svg icon Largest Share by End User Automotive
svg icon CAGR (2024 - 2026) 1.81 %
svg icon Largest Share by Country Russia
svg icon Market Concentration High

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

Compare market size and growth of Europe Lubricants Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

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Europe Lubricants Market Analysis

The Europe Lubricants Market size is estimated at 6.30 Billion Liters in 2024, and is expected to reach 6.53 Billion Liters by 2026, growing at a CAGR of 1.81% during the forecast period (2024-2026).

  • Largest Segment by End-user Industry - Automotive : Due to the high volume of engine and gear oil used in motor vehicles compared to any other industrial application, automotive was the largest end user among all categories.
  • Fastest Segment by End-user Industry - Power Generation : Due to the rising demand for energy from wind turbines and a steep drop in wind turbine installation costs, power generation is Europe's fastest-growing lubricants' end user.
  • Largest Country Market - Russia : Germany is the largest lubricant user in Europe, with a higher number of motor vehicles, wind turbines, and industrial machinery than any other country in the region.
  • Fastest Growing Country Market - France : Due to increases in end users of renewable power & electric vehicle penetration, France is the fastest growing in terms of lubricant consumption among all European countries.

Europe Lubricants Market Trends

This section covers the major market trends shaping the Europe Lubricants Market according to our research experts:

Largest Segment By End User : Automotive

  • In 2020, the European lubricant market was dominated by the automotive industry, which accounted for around 49% of the total lubricant consumption in the region. In 2015-2019, lubricant consumption in the automotive industry increased by around 3.5%.
  • In 2020, COVID-19-related restrictions led to declined maintenance requirements from several industries. The major impact was observed in the automotive industry, which recorded a dip of 15.7%, followed by heavy equipment (11.45%) during 2019-2020.
  • Power generation is likely to be the fastest-growing end-user industry in the market studied, with a CAGR of 2.54% over the period 2021-2026, followed by automotive (2.49%). In Europe, the expanding power generation capacity, especially renewables capacity, is likely to drive the consumption of lubricants in the power generation industry.
Europe Lubricants Market

Largest Country : Russia

  • In 2020, Russia was the leading consumer of lubricants in the European region, accounting for around 20% of the total lubricant consumption. During 2015-2019, lubricant consumption in Russia increased by around 9%, higher than most countries in the region.
  • In 2020, the COVID-19 pandemic restrained operations of several sectors, thereby restraining lubricant consumption across the European region. Germany was the most affected with a 13.6% drop in its lubricant consumption during 2019-2020, followed by France with a 13.4% drop.
  • France is likely to be the fastest-growing lubricant market during 2021-2026, exhibiting a CAGR of 2.33%, closely followed by Russia (2.32%). The expected recovery in automotive production and sales in France is likely to drive the growth of lubricant consumption in the country.
Europe Lubricants Market

Europe Lubricants Industry Overview

The Europe Lubricants Market is moderately consolidated, with the top five companies occupying 40.14%. The major players in this market are BP Plc (Castrol), ExxonMobil Corporation, Lukoil, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).

Europe Lubricants Market Leaders

  1. BP Plc (Castrol)

  2. ExxonMobil Corporation

  3. Lukoil

  4. Royal Dutch Shell Plc

  5. TotalEnergies

*Disclaimer: Major Players sorted in no particular order

Europe Lubricants Market
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Europe Lubricants Market News

  • May 2022: TotalEnergies, NEXUS Automotive Extend Strategic Partnership for a period of five years. As part of this partnership, TotalEnergies Lubricants will be expanding its presence in the burgeoning N! community, which has seen rapid growth in sales from EUR 7.2 billion in 2015 to nearly EUR 35 billion by the end of 2021.
  • March 2022: ExxonMobil Corporation company has appointed Jay Hooley as lead managing director of the company.
  • January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.

Europe Lubricants Market Report - Table of Contents

  1. 1. Executive Summary & Key Findings

  2. 2. Introduction

    1. 2.1. Study Assumptions & Market Definition

    2. 2.2. Scope of the Study

    3. 2.3. Research Methodology

  3. 3. Key Industry Trends

    1. 3.1. Automotive Industry Trends

    2. 3.2. Manufacturing Industry Trends

    3. 3.3. Power Generation Industry Trends

    4. 3.4. Regulatory Framework

    5. 3.5. Value Chain & Distribution Channel Analysis

  4. 4. Market Segmentation

    1. 4.1. By End User

      1. 4.1.1. Automotive

      2. 4.1.2. Heavy Equipment

      3. 4.1.3. Metallurgy & Metalworking

      4. 4.1.4. Power Generation

      5. 4.1.5. Other End-user Industries

    2. 4.2. By Product Type

      1. 4.2.1. Engine Oils

      2. 4.2.2. Greases

      3. 4.2.3. Hydraulic Fluids

      4. 4.2.4. Metalworking Fluids

      5. 4.2.5. Transmission & Gear Oils

      6. 4.2.6. Other Product Types

    3. 4.3. By Country

      1. 4.3.1. France

      2. 4.3.2. Germany

      3. 4.3.3. Italy

      4. 4.3.4. Russia

      5. 4.3.5. Spain

      6. 4.3.6. United Kingdom

      7. 4.3.7. Rest of Europe

  5. 5. Competitive Landscape

    1. 5.1. Key Strategic Moves

    2. 5.2. Market Share Analysis

    3. 5.3. Company Profiles

      1. 5.3.1. BP Plc (Castrol)

      2. 5.3.2. Chevron Corporation

      3. 5.3.3. Eni SpA

      4. 5.3.4. ExxonMobil Corporation

      5. 5.3.5. FUCHS

      6. 5.3.6. Gazprom

      7. 5.3.7. Lukoil

      8. 5.3.8. Rosneft

      9. 5.3.9. Royal Dutch Shell Plc

      10. 5.3.10. TotalEnergies

  6. 6. Appendix

    1. 6.1. Appendix-1 References

    2. 6.2. Appendix-2 List of Tables & Figures

  7. 7. Key Strategic Questions for Lubricants CEOs

List of Tables & Figures

  1. Figure 1:  
  2. VEHICLE POPULATION, NUMBER OF UNITS, EUROPE, 2015 - 2026
  1. Figure 2:  
  2. COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, EUROPE, 2015 - 2026
  1. Figure 3:  
  2. MOTORCYCLES POPULATION, NUMBER OF UNITS, EUROPE, 2015 - 2026
  1. Figure 4:  
  2. PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, EUROPE, 2015 - 2026
  1. Figure 5:  
  2. MANUFACTURING VALUE ADDED, USD BILLION (CURRENT VALUE), EUROPE, 2015 - 2020
  1. Figure 6:  
  2. POWER GENERATION CAPACITY, GIGAWATT (GW), EUROPE, 2015 - 2020
  1. Figure 7:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, BY END USER, 2015-2026
  1. Figure 8:  
  2. EUROPE LUBRICANTS MARKET, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 9:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, AUTOMOTIVE, 2015-2026
  1. Figure 10:  
  2. EUROPE LUBRICANTS MARKET, AUTOMOTIVE, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 11:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, HEAVY EQUIPMENT, 2015-2026
  1. Figure 12:  
  2. EUROPE LUBRICANTS MARKET, HEAVY EQUIPMENT, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 13:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, METALLURGY & METALWORKING, 2015-2026
  1. Figure 14:  
  2. EUROPE LUBRICANTS MARKET, METALLURGY & METALWORKING, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 15:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, POWER GENERATION, 2015-2026
  1. Figure 16:  
  2. EUROPE LUBRICANTS MARKET, POWER GENERATION, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 17:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, OTHER END-USER INDUSTRIES, 2015-2026
  1. Figure 18:  
  2. EUROPE LUBRICANTS MARKET, OTHER END-USER INDUSTRIES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 19:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, BY PRODUCT TYPE, 2015-2026
  1. Figure 20:  
  2. EUROPE LUBRICANTS MARKET, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 21:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, ENGINE OILS, 2015-2026
  1. Figure 22:  
  2. EUROPE LUBRICANTS MARKET, ENGINE OILS, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 23:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, GREASES, 2015-2026
  1. Figure 24:  
  2. EUROPE LUBRICANTS MARKET, GREASES, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 25:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, HYDRAULIC FLUIDS, 2015-2026
  1. Figure 26:  
  2. EUROPE LUBRICANTS MARKET, HYDRAULIC FLUIDS, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 27:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, METALWORKING FLUIDS, 2015-2026
  1. Figure 28:  
  2. EUROPE LUBRICANTS MARKET, METALWORKING FLUIDS, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 29:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, TRANSMISSION & GEAR OILS, 2015-2026
  1. Figure 30:  
  2. EUROPE LUBRICANTS MARKET, TRANSMISSION & GEAR OILS, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 31:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, OTHER PRODUCT TYPES, 2015-2026
  1. Figure 32:  
  2. EUROPE LUBRICANTS MARKET, OTHER PRODUCT TYPES, VOLUME SHARE (%), BY END USER, 2020
  1. Figure 33:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, BY COUNTRY, 2015-2026
  1. Figure 34:  
  2. EUROPE LUBRICANTS MARKET, VOLUME SHARE (%), BY COUNTRY, 2020
  1. Figure 35:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, FRANCE, 2015-2026
  1. Figure 36:  
  2. EUROPE LUBRICANTS MARKET, FRANCE, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 37:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, GERMANY, 2015-2026
  1. Figure 38:  
  2. EUROPE LUBRICANTS MARKET, GERMANY, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 39:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, ITALY, 2015-2026
  1. Figure 40:  
  2. EUROPE LUBRICANTS MARKET, ITALY, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 41:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, RUSSIA, 2015-2026
  1. Figure 42:  
  2. EUROPE LUBRICANTS MARKET, RUSSIA, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 43:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, SPAIN, 2015-2026
  1. Figure 44:  
  2. EUROPE LUBRICANTS MARKET, SPAIN, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 45:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, UNITED KINGDOM, 2015-2026
  1. Figure 46:  
  2. EUROPE LUBRICANTS MARKET, UNITED KINGDOM, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 47:  
  2. EUROPE LUBRICANTS MARKET, VOLUME IN LITERS, REST OF EUROPE, 2015-2026
  1. Figure 48:  
  2. EUROPE LUBRICANTS MARKET, REST OF EUROPE, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
  1. Figure 49:  
  2. EUROPE LUBRICANTS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 50:  
  2. EUROPE LUBRICANTS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 51:  
  2. EUROPE LUBRICANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2020

Europe Lubricants Industry Segmentation

By End User
Automotive
Heavy Equipment
Metallurgy & Metalworking
Power Generation
Other End-user Industries
By Product Type
Engine Oils
Greases
Hydraulic Fluids
Metalworking Fluids
Transmission & Gear Oils
Other Product Types
By Country
France
Germany
Italy
Russia
Spain
United Kingdom
Rest of Europe
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Market Definition

  • Vehicle Types and Industrial Equipment - Automotive (Passenger Vehicles, Commercial Vehicles and Motorcycles), Power Generation, Heavy Equipment, Metallurgy & Metalworking and Other End-user Industries (Marine, Aviation etc.) are considered under the lubricants market.​
  • Product Types - For the purpose of this study, lubricant products such as engine oils, transmission & gear oils, hydraulic fluids, metalworking fluids, and greases are taken into consideration.​
  • Service Refill - Service/maintenance refill is considered while accounting the lubricant consumption for each of the vehicle and equipment, under the study.​
  • Factory Fill - First lubricant fill-ups for newly produced vehicles and industrial equipment are considered under the study.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Europe Lubricants Market Research FAQs

The Europe Lubricants Market size is expected to reach 6.30 billion Liters in 2024 and grow at a CAGR of 1.81% to reach 6.53 billion Liters by 2026.

In 2024, the Europe Lubricants Market size is expected to reach 6.30 billion Liters.

BP Plc (Castrol), ExxonMobil Corporation, Lukoil, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the Europe Lubricants Market.

In the Europe Lubricants Market, the Automotive segment accounts for the largest share by end user.

In 2024, Russia accounts for the largest share by country in the Europe Lubricants Market.

In 2023, the Europe Lubricants Market size was estimated at 6.17 billion Liters. The report covers the Europe Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Lubricants Market size for years: 2024, 2025 and 2026.

Europe Lubricants Industry Report

Statistics for the 2024 Europe Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Lubricants analysis includes a market forecast outlook 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Europe Lubricants Market Report Snapshots

Europe Lubricants Market Size & Share Analysis - Growth Trends & Forecasts Up To 2026