How big is the France Passenger Vehicles Lubricants Market?

The France Passenger Vehicles Lubricants Market size is expected to reach 134.95 million Liters in 2024 and grow at a CAGR of 2.5% to reach 141.78 million Liters by 2026. Read More

What is the current France Passenger Vehicles Lubricants Market size?

In 2024, the France Passenger Vehicles Lubricants Market size is expected to reach 134.95 million Liters. Read More

Who are the key players in France Passenger Vehicles Lubricants Market?

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

Which segment has the biggest share in the France Passenger Vehicles Lubricants Market?

In the France Passenger Vehicles Lubricants Market, the Engine Oils segment accounts for the largest share by product type. Read More

Which is the fastest growing segment in the France Passenger Vehicles Lubricants Market?

In 2024, the Transmission & Gear Oils segment accounts for the fastest growing by product type in the France Passenger Vehicles Lubricants Market. Read More

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

In 2023, the France Passenger Vehicles Lubricants Market size was estimated at 129.15 million Liters. The report covers the France Passenger Vehicles Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the France Passenger Vehicles Lubricants Market size for years: 2024, 2025 and 2026. Read More

France Passenger Vehicles Lubricants Market Trends

Statistics for the 2023 & 2024 France Passenger Vehicles Lubricants market trends, created by Mordor Intelligence™ Industry Reports. France Passenger Vehicles Lubricants 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 Passenger Vehicles Lubricants Industry

This section covers the major market trends shaping the France Passenger Vehicles Lubricants Market according to our research experts:

Largest Segment By Product Type : <span style="font-family: 'regular_bold';color:#0e7db3;">Engine Oils</span>

After two years of steady growth, lubricant consumption in passenger vehicles in France has been consistently declining since 2017. The implementation of strict emission standards in the country has been driving the phasing out of diesel cars, which in turn, has resulted in a decline in the consumption of engine oils in passenger vehicles in the country.
In 2020, post the COVID-19 outbreak, the usage of passenger cars in France had significantly dropped due to the restrictions put in place due to the pandemic, resulting in a 23.29% drop in lubricant consumption.
The resurgence in the sales of vehicles in France by the end of 2020 was impacted partly by production shortages and the second wave of COVID-19 in 2021. Expected economic and trade recoveries are projected to support the passenger vehicle lubricant consumption at a CAGR of 3.03% during 2021-2026.