Poland Commercial Vehicles Lubricants Market Trends

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

Market Trends of Poland Commercial Vehicles Lubricants Industry

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

Largest Segment By Product Type : <span style="font-family: 'regular_bold';color:#0e7db3;">Engine Oils</span>

  • The commercial vehicles (CVs) segment had a volume share of 37.7% in the total automotive lubricants share in 2015. During 2015-2019, the segment witnessed a steady CAGR of 4.05%. However, the share decreased to 37.19% in 2019.
  • In 2020, the decrease in lubricant consumption in this segment (13.46%) was lesser compared to other segments. The primary reason for such a nominal decline during the pandemic was the need for freight transportation, which was considered an essential activity during the lockdown.
  • Used commercial vehicle sales are estimated to increase due to the surge in trade activities between Poland and other European countries. Sales of new commercial vehicles are forecast to rise in the coming years due to the new scrappage policy implemented in 2020. Hence, lubricant consumption in this segment is estimated to record a CAGR of 2.94% during 2021-2026.
Poland Commercial Vehicles Lubricants Market

Poland Commercial Vehicles Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026