What years does this France Lubricants Market cover, and what was the market size in 2023?

In 2023, the France Lubricants Market size was estimated at 606.61 million liters. The report covers the France Lubricants Market historical market size for years: . The report also forecasts the France Lubricants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

France Lubricants Market Size

Market Size of France Lubricants Industry

Study Period	2024- 2029
Base Year For Estimation	2023
Market Volume (2024)	606 Million liters
Market Volume (2029)	602.90 Million liters
CAGR (2024 - 2029)	-0.10 %
Market Concentration	High
Major Players *Disclaimer: Major Players sorted in no particular order

France Lubricants Market Analysis

The France Lubricants Market size is estimated at 606 Million liters in 2024, and is expected to decline to 602.90 Million liters by 2029.

The COVID-19 pandemic negatively affected the market as the lockdowns were imposed, construction work was slowed down, and production activities were halted. However, post-pandemic, the rising demand for lubricants from end-user industries like automotive and heavy equipment helped to revive the market for lubricants in the country.

In the short term, major factor like the increasing usage of high-performance synthetic lubricants is expected to drive the lubricant demand in the country.
On the flip side, the slowdown in the automotive sector is likely to hinder the market's growth.
However, the growing prominence of bio-lubricants is likely to create new opportunities during the forecast period.
The automotive end-user industry segment is expected to dominate the market in the country during the forecast period.

France Lubricants Industry Segmentation

Lubricant products are made from a combination of base oils and additives. The composition of base oil in the formulation of lubricants is primarily between 75-90%. Base oils possess lubricating properties and makeup up to 90% of the final lubricant product.

The France lubricants market is segmented based on the product type and end-user industry. By product type, the market is segmented into engine oils, transmission and gear oils, hydraulic fluids, metal working fluids, greases, and other product types (dry film lubricants). The market is segmented by end-user industries: power generation, automotive, heavy equipment, metallurgy and metal working, and other end-user industries (food processing, marine, etc.). For each segment, the market sizing and forecasts have been done based on volume (liters).

Product Type
		Engine Oil
		Transmission and Gear Oils
		Hydraulic Fluids
		Metalworking Fluids
		Greases
		Other Product Types

End-User Industry
		Power Generation
		Automotive
		Heavy Equipment
		Metallurgy and Metalworking
		Other End-user Industries

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France Lubricants Market Size Summary

The France lubricants market is experiencing a dynamic phase, influenced by various factors such as the post-pandemic recovery and the increasing demand from the automotive and heavy equipment sectors. The market, which faced challenges during the COVID-19 pandemic due to lockdowns and halted production activities, is now witnessing a resurgence driven by the rising usage of high-performance synthetic lubricants. However, the slowdown in the automotive sector poses a challenge to market growth. Despite this, the growing interest in bio-lubricants presents new opportunities, with the automotive segment expected to remain the dominant end-user industry. The market is characterized by a variety of engine oil types, including full synthetic, semi-synthetic, and mineral oils, each catering to different vehicle capacities and performance needs.

The automotive industry in France plays a crucial role in the lubricants market, with a significant number of registered vehicles and ongoing investments in electric vehicle production. The demand for lubricants is expected to rise, driven by the need for proper lubrication in both traditional and electric vehicles. The market is moderately consolidated, with major players like BP p.l.c., Exxon Mobil Corporation, Motul, Shell Plc, and TotalEnergies leading the industry. Strategic partnerships and innovations, such as Motul's collaboration with Team BMC and TotalEnergies' exploration of growth opportunities with ADNOC, highlight the industry's focus on enhancing product offerings and expanding market reach. As the market evolves, factors such as vehicle production rates and technological advancements in engine oils are anticipated to shape the future landscape of the France lubricants market.

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France Lubricants Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Drivers
  1. 1.1.1 Increasing Usage of High-performance Synthetic Lubricants
  2. 1.1.2 Other Drivers
2. 1.2 Restraints
  1. 1.2.1 Slowdown in the Automotive Sector
3. 1.3 Industry Value Chain Analysis
4. 1.4 Porter's Five Forces Analysis
  1. 1.4.1 Bargaining Power of Suppliers
  2. 1.4.2 Bargaining Power of Buyers
  3. 1.4.3 Threat of New Entrants
  4. 1.4.4 Threat of Substitute Products and Services
  5. 1.4.5 Degree of Competition
2. MARKET SEGMENTATION (Market Size in Volume)
1. 2.1 Product Type
  1. 2.1.1 Engine Oil
  2. 2.1.2 Transmission and Gear Oils
  3. 2.1.3 Hydraulic Fluids
  4. 2.1.4 Metalworking Fluids
  5. 2.1.5 Greases
  6. 2.1.6 Other Product Types
2. 2.2 End-User Industry
  1. 2.2.1 Power Generation
  2. 2.2.2 Automotive
  3. 2.2.3 Heavy Equipment
  4. 2.2.4 Metallurgy and Metalworking
  5. 2.2.5 Other End-user Industries