Europe Automotive Engine Oils Industry Overview
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Study Period: | 2015 - 2026 |
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Largest Share by Vehicle Type: | Passenger Vehicles |
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Largest Share by Country: | Russia |
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CAGR: | 2.33 % |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Automotive Engine Oils Market Analysis
The Europe Automotive Engine Oils Market is at 2.06 billion liters in 2021 and is projected to register a CAGR of 2.33% to reach 2.31 billion liters in 2026. Though motorcycle sales in countries like Germany witnessed a major boom in 2020, the usage of the active motorcycle fleet in Europe majorly contracted due to the COVID-19 pandemic outbreak.
- Largest Segment by Vehicle Type - Passenger Vehicles : The highest lubricant consumption from the passenger vehicles sector was due to the high annual travel rates and requirement of regular oil changes in vehicles in Europe.
- Fastest Segment by Vehicle Type - Passenger Vehicles : The expected recovery of the production and sales of passenger vehicles in Europe from 2021 is likely to boost their engine oil consumption during the forecast period.
- Largest Country Market - Russia : Compared to other European countries, Russia is the largest market for engine oils owing to the large population of old commercial trucks and passenger vehicles.
- Fastest Growing Country Market - Poland : The gradual recovery in average travel rates and rise in the sales of new passenger vehicles are expected to boost the demand for engine oils in Poland in the coming years.
Europe Automotive Engine Oils Industry Segments
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
| By Country | |
| Bulgaria | |
| France | |
| Germany | |
| Italy | |
| Norway | |
| Poland | |
| Russia | |
| Spain | |
| United Kingdom | |
| Rest of Europe |
Europe Automotive Engine Oils Market Trends
This section covers the major market trends shaping the Europe Automotive Engine Oils Market according to our research experts:
Largest Segment By Vehicle Type : Passenger Vehicles
- Engine oils are the most used automotive lubricants among all product types and account for more than 70% of the total lubricant consumption volume in the industry. During 2015-2018, engine oil consumption witnessed significant growth. However, the region's declining annual mileage and production output of vehicles caused a 1% drop in engine oil consumption during 2019.
- In 2020, the COVID-19 outbreak resulted in a huge decline in the usage of existing European vehicle fleets. As a result, engine oil consumption in the region decreased by around 15.83%.
- Despite the expected recovery in sales and production of passenger vehicles, an increase in the penetration of electric vehicles is expected to have a negative impact on engine oil consumption. Additionally, the persisting COVID-19 crisis is likely to hinder the growth of engine oil consumption in the region.
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Largest Country : Russia
- During 2015-2019, the European automotive engine oil market witnessed an increase of around 2% in engine oil demand. During this period, Russia was the leading consumer of automotive engine oils among European countries, owing to the presence of many old commercial vehicles in the country.
- Poland is expected to be the fastest-growing automotive engine oil market in Europe during the forecast period. The anticipated growth in the number of low-cost passenger vehicle units in the country is likely to drive engine oil consumption significantly.
- Major countries, like Germany, France, and the United Kingdom, are likely to witness a rapid surge in electric vehicle adoption due to the financial incentives provided by the governments. This trend is expected to hamper the growth in engine oil consumption in Europe during the next five years.
To understand geography trends, Download Sample Report
Europe Automotive Engine Oils Market Competitor Analysis
The Europe Automotive Engine Oils Market is moderately consolidated, with the top five companies occupying 49.74%. The major players in this market are BP PLC (Castrol), ExxonMobil Corporation, LUKOIL, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).
Europe Automotive Engine Oils Market Top Players
BP PLC (Castrol)
ExxonMobil Corporation
LUKOIL
Royal Dutch Shell Plc
TotalEnergies
*Disclaimer: Major Players sorted in no particular order
Europe Automotive Engine Oils Market Recent Developments
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines – ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
- September 2021: Lukoil Group and Daimler AG, one of the world's major automobile manufacturers, expanded their relationship in Lukoil lubricants’ first fill supplies for the brand's premium passenger cars' engines. Low-viscosity Lukoil Genesis engine oil, developed by LLK-International (PJSC LUKOIL wholly owned subsidiary) for modern gasoline and diesel engines of the car manufacturer in compliance with one of its newest first fill standards, will be added to the product portfolio. In comparison to the previous generation, the new product delivered dependable engine protection and increased fuel economy.
- 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.
Europe Automotive Engine Oils Market Report - Table of Contents
1. Executive Summary & Key Findings
2. Introduction
2.1. Study Assumptions & Market Definition
2.2. Scope of the Study
2.3. Research Methodology
3. Key Industry Trends
3.1. Automotive Industry Trends
3.2. Regulatory Framework
3.3. Value Chain & Distribution Channel Analysis
4. Market Segmentation
4.1. By Vehicle Type
4.1.1. Commercial Vehicles
4.1.2. Motorcycles
4.1.3. Passenger Vehicles
4.2. By Product Grade
4.3. By Country
4.3.1. Bulgaria
4.3.2. France
4.3.3. Germany
4.3.4. Italy
4.3.5. Norway
4.3.6. Poland
4.3.7. Russia
4.3.8. Spain
4.3.9. United Kingdom
4.3.10. Rest of Europe
5. Competitive Landscape
5.1. Key Strategic Moves
5.2. Market Share Analysis
5.3. Company Profiles
5.3.1. BP PLC (Castrol)
5.3.2. CHEVRON CORPORATION
5.3.3. ExxonMobil Corporation
5.3.4. FUCHS
5.3.5. Gazprom
5.3.6. LIQUI MOLY
5.3.7. LUKOIL
5.3.8. Motul
5.3.9. Royal Dutch Shell Plc
5.3.10. TotalEnergies
6. Appendix
6.1. Appendix-1 References
6.2. Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Lubricants CEOs
List of Tables & Figures
Figure 1:
VEHICLE POPULATION, NUMBER OF UNITS, EUROPE, 2015 - 2026
Figure 2:
COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, EUROPE, 2015 - 2026
Figure 3:
MOTORCYCLES POPULATION, NUMBER OF UNITS, EUROPE, 2015 - 2026
Figure 4:
PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, EUROPE, 2015 - 2026
Figure 5:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, BY VEHICLE TYPE, 2015-2026
Figure 6:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME SHARE (%), BY VEHICLE TYPE, 2020
Figure 7:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, COMMERCIAL VEHICLES, 2015-2026
Figure 8:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, COMMERCIAL VEHICLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 9:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, MOTORCYCLES, 2015-2026
Figure 10:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, MOTORCYCLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 11:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, PASSENGER VEHICLES, 2015-2026
Figure 12:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, PASSENGER VEHICLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 13:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME SHARE (%), BY PRODUCT GRADE, 2020
Figure 14:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, BY COUNTRY, 2015-2026
Figure 15:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME SHARE (%), BY COUNTRY, 2020
Figure 16:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, BULGARIA, 2015-2026
Figure 17:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, BULGARIA, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 18:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, FRANCE, 2015-2026
Figure 19:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, FRANCE, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 20:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, GERMANY, 2015-2026
Figure 21:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, GERMANY, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 22:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, ITALY, 2015-2026
Figure 23:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, ITALY, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 24:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, NORWAY, 2015-2026
Figure 25:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, NORWAY, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 26:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, POLAND, 2015-2026
Figure 27:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, POLAND, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 28:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, RUSSIA, 2015-2026
Figure 29:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, RUSSIA, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 30:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, SPAIN, 2015-2026
Figure 31:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, SPAIN, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 32:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, UNITED KINGDOM, 2015-2026
Figure 33:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, UNITED KINGDOM, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 34:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, VOLUME IN LITERS, REST OF EUROPE, 2015-2026
Figure 35:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, REST OF EUROPE, VOLUME SHARE (%), BY PRODUCT TYPE, 2020
Figure 36:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
Figure 37:
EUROPE AUTOMOTIVE ENGINE OILS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
Figure 38:
EUROPE AUTOMOTIVE ENGINE OILS MARKET SHARE(%), BY MAJOR PLAYERS, 2019
Market Definition
- Vehicle Types - Passenger Vehicles, Commercial Vehicles and Motorcycles are considered under the automotive engine oils market.
- Product Types - For the purpose of this study, engine oils are taken into consideration.
- Service Refill - Service/maintenance refill is considered while accounting the engine oil consumption for each vehicle type, under the study.
- Factory Fill - First lubricant fill-ups for newly produced vehicles are considered under the study.
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
