Russia Passenger Vehicles Lubricants Market - Size, Share, Forecast & Covid-19 Impact (2015 - 2026)

The Russia Passenger Vehicles Lubricants Market is segmented by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Transmission Oils )

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Market Snapshot

https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2015 - 2026
https://s3.mordorlabs.com/base%20year/1629296433432_test~base_year_base_year.svg Base Year: 2020
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Product Type: Engine Oils
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Product Type: Hydraulic Fluids
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 3.99 %

Key Players

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Market Overview

The Russia Passenger Vehicles Lubricants Market is at 279.59 million liters in 2021 and is projected to register a CAGR of 3.99% to reach 339.95 million liters in 2026. In 2020, the COVID-19 outbreak and related lockdowns hampered vehicle production, sales, and maintenance activities at large. As a result, lubricant consumption in the passenger vehicle segment dropped by over 12% in volume, compared to 2019.

  • Largest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and shorter drain intervals, as it is used for high-temperature and high-pressure applications.
  • Fastest Segment by Product Type - Hydraulic Fluids : The expected recovery of automotive sales and production in Russia from 2021 is anticipated to drive the demand for hydraulic fluids in the country during the forecast period.

Scope of the Report

By Product Type
Engine Oils
Greases
Hydraulic Fluids
Transmission Oils

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Key Market Trends

Largest Segment By Product Type : Engine Oils

  • During 2015-2019, passenger vehicle lubricant consumption in Russia witnessed a CAGR of 1.70%. The major factor driving this surge was the expanding passenger vehicle population in the country. Additionally, the high average age of passenger vehicles in the country has also been a major driving factor for lubricant consumption in this segment.
  • In 2020, the COVID-19 outbreak and related lockdowns hindered vehicle production, sales, and maintenance activities at large. As a result, lubricant consumption dropped by 18.38% compared to 2019.
  • The second wave of COVID-19 and fluctuating volumes of imported vehicles are likely to negatively affect lubricant consumption for a brief period, followed by a recovery in sales growth. As a result, the passenger vehicle lubricant consumption is projected to record a CAGR of 3.99% during 2021-2026.

Competitive Landscape

The Russia Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 84.58%. The major players in this market are DelfinGroup, Gazprom, LUKOIL, ROSNEFT and Royal Dutch Shell (sorted alphabetically).

Major Players

*Disclaimer: Major Players are sorted alphabetically

Recent Developments

  • June 2021: TotalEnergies and Stellantis group renewed their partnership for cooperation across different segments. Along with the renewal of partnerhips 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.
  • June 2021: Champion Lubricants formed a partnership with FIA World Rallycross Championship, where the company is expected to provide its lubricant products until 2021.
  • May 2021: Ravenol planned to supply lubricants in the DTM Trophy series. Its logo is expected to appear on the GT sports cars under a multi-year deal between Ravensberger Schmierstoffvertrieb GmbH and the DTM organization, ITR.

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

      1. 3.1.1 Passenger Vehicles

    2. 3.2 Regulatory Framework

      1. 3.2.1 Russia

    3. 3.3 Value Chain & Distribution Channel Analysis

  4. 4. Market Segmentation

    1. 4.1 By Product Type

      1. 4.1.1 Engine Oils

      2. 4.1.2 Greases

      3. 4.1.3 Hydraulic Fluids

      4. 4.1.4 Transmission Oils

  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 DelfinGroup

      3. 5.3.3 Exxon Mobil Corporation

      4. 5.3.4 Gazprom

      5. 5.3.5 LIQUI MOLY

      6. 5.3.6 LUKOIL

      7. 5.3.7 ROSNEFT

      8. 5.3.8 Royal Dutch Shell

      9. 5.3.9 SCT Lubricants

      10. 5.3.10 SK Lubricants Co. Ltd.

  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

    Figure 1:  

    PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, RUSSIA, 2015 - 2026

    Figure 2:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, BY PRODUCT TYPE, 2015-2026

    Figure 3:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 4:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, ENGINE OILS, 2015-2026

    Figure 5:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, ENGINE OILS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 6:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, GREASES, 2015-2026

    Figure 7:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, GREASES, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 8:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, HYDRAULIC FLUIDS, 2015-2026

    Figure 9:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, HYDRAULIC FLUIDS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 10:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, TRANSMISSION OILS, 2015-2026

    Figure 11:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, TRANSMISSION OILS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 12:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021

    Figure 13:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 14:  

    RUSSIA PASSENGER VEHICLES LUBRICANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2019

Market Definition

  • Vehicle Types - Passenger Vehicles, Commercial Vehicles and Motorcycles are the vehicle types considered under the automotive lubricants market.
  • Product Types - For the purpose of this study, lubricant products such as engine oils, transmission oils, greases and hydraulic fluids are taken into consideration.
  • Service Refill - Service refill is the primary factor considered while accounting the lubricant consumption for each of the vehicle segments, under the study.
  • Factory Fill - First lubricant fill-ups for newly produced vehicles are considered.

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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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Frequently Asked Questions

The Russia Passenger Vehicles Lubricants Market market is studied from 2015 - 2026.

The Russia Passenger Vehicles Lubricants Market is at 279.59 million liters in 2021 and is projected to register a CAGR of 3.99% to reach 339.95 million liters in 2026. In 2020, the COVID-19 outbreak and related lockdowns hampered vehicle production, sales, and maintenance activities at large. As a result, lubricant consumption in the passenger vehicle segment dropped by over 12% in volume, compared to 2019.

Engine oil is the leading product type due to its high volume requirements and shorter drain intervals, as it is used for high-temperature and high-pressure applications.

The expected recovery of automotive sales and production in Russia from 2021 is anticipated to drive the demand for hydraulic fluids in the country during the forecast period.

DelfinGroup,Gazprom,LUKOIL,ROSNEFT and Royal Dutch Shell. are the major companies operating in Russia Passenger Vehicles Lubricants Market.