How big is the France Automotive Engine Oils Market?

The France Automotive Engine Oils Market size is expected to reach 208.17 million Liters in 2024 and grow at a CAGR of 1.21% to reach 213.25 million Liters by 2026. Read More

What is the current France Automotive Engine Oils Market size?

In 2024, the France Automotive Engine Oils Market size is expected to reach 208.17 million Liters. Read More

Who are the key players in France Automotive Engine Oils Market?

BP PLC (Castrol), ExxonMobil Corporation, Motul, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the France Automotive Engine Oils Market. Read More

Which segment has the biggest share in the France Automotive Engine Oils Market?

In the France Automotive Engine Oils Market, the Commercial Vehicles segment accounts for the largest share by vehicle type. Read More

Which is the fastest growing segment in the France Automotive Engine Oils Market?

In 2024, the Motorcycles segment accounts for the fastest growing by vehicle type in the France Automotive Engine Oils Market. Read More

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

In 2023, the France Automotive Engine Oils Market size was estimated at 201.58 million Liters. The report covers the France Automotive Engine Oils Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the France Automotive Engine Oils Market size for years: 2024, 2025 and 2026. Read More

France Automotive Engine Oils Market Trends

Statistics for the 2023 & 2024 France Automotive Engine Oils market trends, created by Mordor Intelligence™ Industry Reports. France Automotive Engine Oils 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 France Automotive Engine Oils Industry

This section covers the major market trends shaping the France Automotive Engine Oils Market according to our research experts:

Largest Segment By Vehicle Type : <span style="font-family: 'regular_bold';color:#0e7db3;">Commercial Vehicles</span>

After steady growth during 2015-2017, France's automotive engine oil consumption has been consistently decreasing since 2018. Due to the country's strict emission standards, the declining diesel-based passenger fleet has been the major factor dictating this trend.
In 2020, the COVID-19 outbreak resulted in a major decline in the usage of the existing vehicle fleet of the country, in turn causing 17.61% decline in engine oil consumption compared to 2019.
Despite the expected recovery in sales and production of passenger vehicles, an increase in the penetration of electric vehicles is likely to have a negative impact on engine oil consumption. Additionally, the persisting COVID-19 crisis is expected to hinder the growth of engine oil consumption in the country for a brief period. Hence, engine oil consumption is anticipated to record a CAGR of 1.99% during 2021-2026.