The report covers Lubricant Suppliers in Europe and the market is segmented by End User ( Automotive, Heavy Equipment, Metallurgy & Metalworking, Power Generation ) , by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission & Gear Oils ) and by Country ( France, Germany, Italy, Russia, Spain, United Kingdom ).

Europe's lubricants and fuel additives market was valued at *** billion U.S. dollars in 2023 and is forecast to grow to some *** billion U.S. dollars by 2031.More information on the lubricant and fuel additives market can be found here.

The Report covers Europe Automotive Lubricants Manufacturers and the Market is segmented by Vehicle Type (Commercial Vehicles, Motorcycles, Passenger Vehicles), by Product Type (Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils) and by Country (Bulgaria, France, Germany, Italy, Norway, Poland, Russia, Spain, United Kingdom)

The European Industrial Lubricants market is estimated to be valued at USD 5,128.69 million in 2025. The market is anticipated to reach USD 8,514.59 million in 2035, reflecting a steady CAGR of 5.2% during the forecasted year from 2025 to 2035.

Europe Lubricants Market size was valued at USD 26.73 Billion in 2023 and is projected to reach USD 32.80 Billion by 2031, growing at a CAGR of 2.6% from 2024 to 2031.

Key Market Drivers:

Automotive Sector Growth: The automotive industry is the largest consumer of lubricants in Europe, accounting for approximately 49% of total lubricant consumption. This sector is expected to continue driving demand due to increasing vehicle production and sales, particularly in electric and hybrid vehicles. Renewable Energy Expansion: The growth of renewable energy sources, especially wind and solar power, is anticipated to boost lubricant consumption as these technologies require specialized lubricants for maintenance and operation. Sustainability Initiatives: European regulations promoting sustainability are driving the shift towards bio-based and environmentally friendly lubricants, which are gaining popularity in various sectors, including food processing and pharmaceuticals.

This statistic displays the share of the lubricants market in Europe in 2016, by country. Russia was the European country which took the largest portion of this market, accounting for approximately ********* of the total market value.

Europe Industrial lubricants market size is USD 19173.75 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.0% from 2024 to 2031.

The bio-based lubricants market value for products sold in Europe was estimated at roughly *** million U.S. dollars in 2023. In 2024, this figure is forecast to increase to *** million U.S. dollars.More information on the bio-based lubricants market can be found here.

Europe Industrial Lubricants Market size was estimated at USD 26.93 billion in 2024 and is anticipated to grow at a CAGR of 2.5% from 2025 to 2034.

The Europe Marine Lubricants Market report segments the industry into Base Stock (Mineral Oil, Synthetic Oil, Bio-Based Oils), Product Type (System Oil, Marine Cylinder Lubricants, Trunk Piston Engine Oil, Gear Oil, Greases, Hydraulic Fluids, Other Product Types (Compressor and Refrigeration Oils, Steam Turbine Oils, etc.)), and Geography (Germany, United Kingdom, Italy, France, Spain, Rest of Europe).

Europe Lubricant Market is poised to witness substantial growth, reaching a value of USD 8.58 Billion by the year 2033, up from USD 6.96 Billion attained in 2024. The market is anticipated to display a Compound Annual Growth Rate (CAGR) of 2.35% between 2025 and 2033.

The Europe Lubricant Market market size to cross USD 8.58 Billion in 2033. [https://edison.valuemarketresearch.com//uploads/report

Europe Automotive Lubricants Market was valued at USD 10.3 Billion in 2024 and is projected to reach USD 15.7 Billion by 2032 growing at a CAGR of 5.4% from 2025 to 2032.

Europe Automotive Lubricants Market: Definition/Overview

Automotive lubricants are defined as specialized fluids that are formulated to reduce friction, wear, and heat generation in vehicles. These products are designed to meet specific performance requirements for different vehicle components, including engines, transmissions, brakes, and cooling systems. Furthermore, advanced automotive lubricants are developed with sophisticated additive packages and base oils to enhance vehicle performance, extend maintenance intervals, and reduce environmental impact. The evolution of vehicle technology is accompanied by continuous innovation in lubricant formulations.

The market value for fluids and lubricants in Europe stood at some ** billion U.S. dollars in 2023. Over the following decade, this market value is forecast to exceed ** billion U.S. dollars.More information on the fluids and lubricants market can be found here.

The European automotive lubricants market, valued at approximately €15 billion in 2025, is projected to exhibit steady growth, driven by the increasing number of vehicles on the road and the rising demand for higher-performance lubricants. A compound annual growth rate (CAGR) of 1.86% from 2025 to 2033 indicates a gradual but consistent expansion. Key growth drivers include the increasing adoption of advanced vehicle technologies requiring specialized lubricants, stricter emission regulations promoting fuel-efficient formulations, and the expanding automotive industry in several European countries. The market is segmented by vehicle type (commercial vehicles, motorcycles, passenger vehicles) and product type (engine oils, greases, hydraulic fluids, transmission & gear oils). Commercial vehicles, given their higher lubricant consumption rates, represent a significant market segment, while engine oils constitute the largest product category. Competitive intensity is high, with major global players like BP Castrol, Chevron, ExxonMobil, and Shell dominating the market alongside regional players like Fuchs and Liqui Moly. However, fluctuating crude oil prices and economic uncertainties pose potential restraints on market growth. Germany, the UK, France, and Italy are expected to be the largest national markets within Europe, driven by their robust automotive sectors and high vehicle density. Growth in the European automotive lubricants market will be influenced by several factors. The shift towards electric vehicles (EVs) presents both a challenge and an opportunity. While EVs require fewer lubricants overall, specialized lubricants for EV components (such as electric motors and batteries) represent a nascent but rapidly developing segment. Furthermore, sustainability concerns are driving demand for eco-friendly and biodegradable lubricant options. Manufacturers are increasingly investing in research and development to produce lubricants that meet stringent environmental standards while maintaining high performance. This focus on sustainability, coupled with technological advancements in lubricant formulations, will shape the market's future trajectory. The market is poised for moderate growth, with consistent demand driven by the automotive industry's continuous evolution and adaptation to changing regulatory and environmental landscapes. Recent developments include: January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.September 2021: Lukoil Group and Daimler AG, one of the world's major automobile manufacturers, expanded their relationship in Lukoil lubricants' first fill supplies for the brand's premium passenger cars' engines. Low-viscosity Lukoil Genesis engine oil, developed by LLK-International (PJSC LUKOIL wholly owned subsidiary) for modern gasoline and diesel engines of the car manufacturer in compliance with one of its newest first fill standards, will be added to the product portfolio. In comparison to the previous generation, the new product delivered dependable engine protection and increased fuel economy.June 2021: TotalEnergies and Stellantis group renewed their partnership for cooperation across different segments. Along with the renewal of partnerships with Peugeot, Citroën, and DS Automobiles, the new collaboration extends to Opel, and Vauxhall as well. This partnership includes the development and innovation of lubricants, first-fill in Stellantis group vehicles, recommendation of Quartz lubricants, and shared usage of charging stations operated by TotalEnergies, among others.. Notable trends are: Largest Segment By Vehicle Type : Passenger Vehicles.

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Lubricants Market Size 2025-2029

The lubricants market size is valued to increase by USD 26.7 billion, at a CAGR of 3.5% from 2024 to 2029. Increasing demand for lubricants from end-user industries will drive the lubricants market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 38% growth during the forecast period.
By Application - Automotive oils segment was valued at USD 71.80 billion in 2023
By Product - Mineral oil-based lubricants segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 31.96 billion
Market Future Opportunities: USD 26.70 billion
CAGR from 2024 to 2029 : 3.5%

Market Summary

The market experiences continuous expansion due to the escalating demand from various end-user industries, including automotive, manufacturing, and power generation. One significant trend shaping this sector is the increasing adoption of bio-based lubricants, which offer environmental benefits and improved performance. These eco-friendly alternatives have gained traction, especially in industries striving for sustainability. Crude oil price fluctuations significantly impact the market, as petroleum-derived lubricants account for a substantial portion of the overall demand. The market's size was valued at USD 165.5 billion in 2020, according to market research. As industries adapt to the evolving market landscape, they seek advanced lubricant solutions to enhance efficiency, reduce downtime, and ensure optimal performance.
Innovations in lubricant technology, such as nanotechnology and synthetic lubricants, are driving growth in the market. These advancements offer improved wear protection, increased energy efficiency, and extended lubricant life. As industries continue to prioritize productivity and sustainability, the market is poised for continued expansion.

What will be the Size of the Lubricants Market during the forecast period?

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How is the Lubricants Market Segmented?

The lubricants industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Automotive oils
  Industrial oils
  Process oils
  Metalworking fluids
  Greases


Product

  Mineral oil-based lubricants
  Synthetic lubricants
  Bio-based lubricants


Grade Type

  Group II
  Group III
  Group I
  Group IV
  Group V


End-user

  Transportation
  Manufacturing
  Construction
  Mining
  Agriculture
  Others


Distribution Channel

  Direct Sales
  Distributors/Wholesalers
  Retail
  Online


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The automotive oils segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth, fueled by the increasing production and demand for vehicles, particularly in developing countries like China, India, Brazil, and Indonesia. This expanding automotive sector relies heavily on lubricants, which are essential for reducing friction and wear in various automotive applications, such as engine oils, hydraulic fluids, and gear lubricants. The market is witnessing a shift towards synthetic lubricants, including synthetic esters and synthetic lubricants, due to their superior performance under extreme pressure and high temperatures. These advanced lubricants offer enhanced wear protection, oxidation inhibition, and viscosity control. Moreover, the demand for biodegradable lubricants and those with improved rheological properties is on the rise, driven by environmental concerns and the need for improved tribology testing and oil analysis.

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The Automotive oils segment was valued at USD 71.80 billion in 2019 and showed a gradual increase during the forecast period.

According to recent industry reports, the market is projected to grow, reaching a market size of USD 212.4 billion by 2026. This growth is attributed to the increasing demand for high-performance lubricants, the ongoing research and development in lubricant technology, and the expanding automotive and industrial sectors.

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Regional Analysis

APAC is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The mark

Explore Europe's thriving bio-based lubricants market, set to grow at 5.8% CAGR from 2023-28. Discover sustainable solutions driven by the region's commitment to environmental friendliness

In Europe Forestry Lubricants Market, It has demonstrated steady growth, reflecting the expansion of the forestry industry and the critical role of maintenance in heavy equipment operations. Key points regarding market size and future outlook include:

In Europe Industrial Lubricants Market, The growing emphasis on energy efficiency, sustainability, and maintenance cost reduction in manufacturing and industrial operations is further propelling the market's expansion.

Europe Marine Lubricants Market is poised to witness substantial growth, reaching a value of USD 2.84 Billion by the year 2033, up from USD 2.44 Billion attained in 2024. The market is anticipated to display a Compound Annual Growth Rate (CAGR) of 1.68% between 2025 and 2033.

The Europe Marine Lubricants market size to cross USD 2.84 Billion in 2033. [https://edison.valuemarketresearch.com//uploa

The automotive lubricants market, valued at approximately $XX million in 2025, is projected to experience steady growth, exhibiting a compound annual growth rate (CAGR) of 3.13% from 2025 to 2033. This growth is fueled by several key factors. The global rise in vehicle ownership, particularly in developing economies like India and China, significantly boosts demand for lubricants. Furthermore, the increasing adoption of advanced engine technologies, including those found in hybrid and electric vehicles (though requiring different lubricant types), contributes to market expansion. Stringent emission regulations worldwide are also driving the development and adoption of higher-performance, environmentally friendly lubricants, further stimulating market growth. The market is segmented by vehicle type (commercial vehicles, motorcycles, passenger vehicles) and product type (engine oils, greases, hydraulic fluids, transmission & gear oils). Commercial vehicles, due to their higher lubricant consumption, represent a significant segment. Engine oils constitute the largest product segment, driven by routine maintenance requirements. However, the market faces certain constraints. Fluctuations in crude oil prices directly impact lubricant production costs, potentially affecting market prices and profitability. Economic downturns can also reduce vehicle production and sales, leading to lower lubricant demand. Additionally, the increasing prevalence of electric vehicles (EVs) presents a long-term challenge, as EVs require significantly less lubrication compared to internal combustion engine (ICE) vehicles. Nevertheless, the ongoing growth in vehicle production, particularly in emerging markets, and the development of specialized lubricants for new vehicle technologies will likely offset these restraints, leading to continued market expansion in the forecast period. Key players like BP PLC (Castrol), Chevron Corporation, and Exxon Mobil Corporation dominate the market, leveraging their strong brand recognition and extensive distribution networks. Regional variations exist, with North America and Asia Pacific representing significant markets, driven by high vehicle ownership rates and robust automotive industries. Recent developments include: March 2022: FUCHS company introduced Maintain Fricofin and Titan GT1 Flex small pack lubricants for automotive applications.January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.December 2021: ExxonMobil introduced a line of synthetic engine oils, i.e., Mobil Super Pro, for SUVs in India.. Notable trends are: Largest Segment By Vehicle Type : Passenger Vehicles.