How big is the Europe Lubricants Market?

The Europe Lubricants Market size is expected to reach 6.30 billion Liters in 2024 and grow at a CAGR of 1.81% to reach 6.53 billion Liters by 2026. Read More

What is the current Europe Lubricants Market size?

In 2024, the Europe Lubricants Market size is expected to reach 6.30 billion Liters. Read More

Who are the key players in Europe Lubricants Market?

BP Plc (Castrol), ExxonMobil Corporation, Lukoil, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the Europe Lubricants Market. Read More

Which segment has the biggest share in the Europe Lubricants Market?

In the Europe Lubricants Market, the Automotive segment accounts for the largest share by end user. Read More

Which country has the biggest share in the Europe Lubricants Market?

In 2024, Russia accounts for the largest share by country in the Europe Lubricants Market. Read More

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

In 2023, the Europe Lubricants Market size was estimated at 6.17 billion Liters. The report covers the Europe Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Lubricants Market size for years: 2024, 2025 and 2026. Read More

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

	Study Period	2015 - 2026
	Market Volume (2024)	6.30 Billion Liters
	Market Volume (2026)	6.53 Billion Liters
	Largest Share by End User	Automotive
	CAGR (2024 - 2026)	1.81 %
	Largest Share by Country	Russia
Major Players

*Disclaimer: Major Players sorted in no particular order

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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.