Market Size of France Automotive Lubricants Industry
Study Period | 2015 - 2026 |
Base Year For Estimation | 2020 |
Forecast Data Period | 2024 - 2026 |
Historical Data Period | 2015 - 2019 |
CAGR (2024 - 2026) | 1.60 % |
Market Concentration | High |
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France Automotive Lubricants Market Analysis
The France Automotive Lubricants Market size is estimated at 311.96 Million Liters in 2024, and is expected to reach 322.02 Million Liters by 2026, growing at a CAGR of 1.60% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : The highest lubricant consumption level in the French commercial vehicles sector can be attributed to the high average lubricant requirement of the commercial vehicle fleet.
- Fastest Segment by Vehicle Type - Motorcycles : In France, the growth in the demand for motorcycles and mopeds post the COVID-19 outbreak is expected to drive the demand for motorcycle lubricants during the forecast period.
- Largest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and low drain intervals. It is used for high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Hydraulic Fluids : In France, the expected recovery in automotive sales, usage, and production since 2021 is likely to drive the demand for hydraulic fluids during the forecast period.