Market Size of Italy Automotive Engine Oils Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 1.62 % |
| Market Concentration | High |
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Italy Automotive Engine Oil Market Analysis
The Italy Automotive Engine Oils Market size is estimated at 155.39 Million Liters in 2024, and is expected to reach 160.48 Million Liters by 2026, growing at a CAGR of 1.62% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : The large engine sizes of commercial vehicles (CVs) result in high engine oil volumes requirements. Hence, CVs are the dominant lubricant-consuming vehicle type in Italy.
- Fastest Segment by Vehicle Type - Passenger Vehicles : The scrappage policy adopted by the Spanish government in 2020 is likely to boost the sales of new cars, thereby increasing engine oil consumption in passenger vehicles.
