Europe Lubricants Market Size

Statistics for the 2023 & 2024 Europe Lubricants market size, created by Mordor Intelligence™ Industry Reports. Europe Lubricants size report includes a market forecast to 202 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of europe lubricants Industry

Europe Lubricants Market
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Icons Lable Value
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

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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 Size & Share Analysis - Growth Trends & Forecasts Up To 2026