Poland Passenger Vehicles Lubricants Market Trends

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

This section covers the major market trends shaping the Poland 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>

  • The volume share of the passenger vehicles (PV) segment in the automotive lubricant demand increased from 60.8% in 2015 to 61.3% in 2019. The consumption of passenger vehicle lubricants increased at a CAGR of 4.66% during 2015-2019 due to the high demand for engine oils and transmission oils in combustion vehicles.
  • Due to the lockdown imposed due to the COVID-19 pandemic, the consumption of lubricants in passenger vehicles dropped drastically by 15.31% in 2020. Even the share of the PV segment in the overall automotive lubricants share decreased by 0.51% in 2020.
  • The number of active passenger vehicle units in the country is projected to increase due to the expected sales growth of low-cost, used cars during the forecast period. As a result, the consumption of automotive lubricants in the passenger vehicles segment is expected to rise at a CAGR of 2.74% during 2021-2026.
Poland Passenger Vehicles Lubricants Market : Largest Segment By Product Type : <span style="font-family: 'regular_bold';color:#0e7db3;">Engine Oils</span>

Poland Passenger Vehicles Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026