The Europe Lubricants Market Report is Segmented by Product Type (Engine Oils, Transmission and Gear Oils, Hydraulic Fluids, Metalworking Fluids, Greases, Other Product Types), End-User Industry (Automotive, Power Generation, Heavy Equipment, Metallurgy and Metalworking, Other End-User Industries), and Geography (France, Germany, Italy, Russia, Spain, United Kingdom, Rest of Europe).

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 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 2024 and is projected to reach USD 32.80 Billion by 2032, growing at a CAGR of 2.6% from 2026 to 2032.Rising Automotive and Industrial Demand: The underlying stability and growth of the European Lubricants Market is anchored by the rising automotive and industrial demand. Despite the long term trend toward electric vehicles, the existing vehicle fleet (vehicle parc) is extensive and aging, creating persistent, high volume demand for maintenance lubricants like engine oils and transmission fluids.Growth in Transport and Manufacturing: The growth in transport and manufacturing activities directly correlates with lubricant consumption, acting as a crucial volume driver. The transport sector requires lubricants for a massive, multi modal fleet encompassing passenger cars, heavy duty commercial vehicles, and marine applications.

Discover the latest insights into the booming European lubricants market. This comprehensive analysis reveals key trends, growth drivers, and challenges impacting engine oils, greases, and other lubricants across automotive, industrial, and power generation sectors. Learn about leading players and future market projections. Recent developments include: May 2022: TotalEnergies, NEXUS Automotive Extend Strategic Partnership for a period of five years. As part of this partnership, TotalEnergies Lubricants will be expanding its presence in the burgeoning N! community, which has seen rapid growth in sales from EUR 7.2 billion in 2015 to nearly EUR 35 billion by the end of 2021.March 2022: ExxonMobil Corporation company has appointed Jay Hooley as lead managing director of the company.January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.. Notable trends are: Largest Segment By End User : Automotive.

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.

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 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.

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

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).

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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

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 Europe Lubricants market is anticipated to add more than USD 29 Billion from 2024 to 2029 due to Stringent regulations for emission control

Discover the latest trends and insights into the booming European automotive lubricants market. This comprehensive analysis covers market size, CAGR, key players (BP Castrol, Shell, ExxonMobil), segmentation, and future growth projections to 2033. Learn about the impact of EVs and sustainability on this dynamic sector. 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.

The size of the Europe Marine Lubricants Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 1.45% during the forecast period. Recent developments include: Recent developments pertaining to the major players in the market are covered in the complete study.. Key drivers for this market are: Growing Demand for Marine Transportation, Rise in Emission Control Technologies; Other Drivers. Potential restraints include: Growing Demand for Marine Transportation, Rise in Emission Control Technologies; Other Drivers. Notable trends are: Increasing Maritime Trade in Europe.

The report covers Europe Commercial Vehicle Lubricants Market Growth and it is segmented by Product Type (Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils) and by Country (Bulgaria, France, Germany, Italy, Norway, Poland, Russia, Spain, UK).

The size of the Europe Lubricants Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX% during the forecast period. Recent developments include: May 2022: TotalEnergies, NEXUS Automotive Extend Strategic Partnership for a period of five years. As part of this partnership, TotalEnergies Lubricants will be expanding its presence in the burgeoning N! community, which has seen rapid growth in sales from EUR 7.2 billion in 2015 to nearly EUR 35 billion by the end of 2021.March 2022: ExxonMobil Corporation company has appointed Jay Hooley as lead managing director of the company.January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.. Notable trends are: Largest Segment By End User : Automotive.

The global industrial lubricants market is poised for steady growth, projected to reach a significant size with a Compound Annual Growth Rate (CAGR) of 3.9%. This expansion is underpinned by robust industrial activity across key sectors. Manufacturing, in particular, remains a dominant application, fueled by increasing automation, advanced machinery adoption, and the continuous demand for high-performance lubricants to ensure operational efficiency and extend equipment lifespan. The transportation equipment sector also contributes substantially, driven by the ongoing global demand for commercial vehicles, shipping, and aviation, all of which rely heavily on specialized lubricants for optimal performance and reduced wear and tear. Emerging economies, with their burgeoning manufacturing bases and infrastructure development, are expected to be key growth engines. The market is characterized by a clear shift towards more advanced lubricant formulations, with synthetic and bio-based/re-refined lubricants gaining traction due to their superior performance characteristics, extended drain intervals, and increasing environmental consciousness among end-users. While the market exhibits strong growth potential, certain factors could moderate its pace. Increasing environmental regulations and a push towards sustainability are driving innovation but also necessitate significant investment in research and development for eco-friendly alternatives. The fluctuating raw material prices, particularly for base oils, can impact profit margins for manufacturers and potentially influence pricing strategies, thereby affecting market dynamics. Geopolitical instability and supply chain disruptions can also present challenges, although the inherent necessity of industrial lubricants for critical industrial operations provides a degree of resilience. The market is highly competitive, with major global players investing in technological advancements and geographical expansion to capture market share. The increasing adoption of predictive maintenance technologies is also influencing lubricant demand, favoring high-quality, long-lasting products. This report provides an in-depth analysis of the global industrial lubricants market, encompassing the historical period (2019-2024), a base year analysis (2025), and an extensive forecast period (2025-2033). The market is projected to witness significant growth driven by expanding industrial sectors and technological advancements.

USD 417.14 Million in 2024; projected USD 774.12 Million by 2033; CAGR 7.15%.

Discover the latest insights into the booming global lubricants market. This comprehensive analysis reveals key trends, growth drivers, and challenges, including regional market shares, top companies, and future projections for 2025-2033. Explore the impact of electric vehicles, sustainable lubricants, and technological advancements on this dynamic industry. Recent developments include: May 2022: TotalEnergies, NEXUS Automotive Extend Strategic Partnership for a period of five years. As part of this partnership, TotalEnergies Lubricants will be expanding its presence in the burgeoning N! community, which has seen rapid growth in sales from EUR 7.2 billion in 2015 to nearly EUR 35 billion by the end of 2021.April 2022: FUCHS company introduced AGRI FARM lubricants which are especially suited for high-end agricultural machines.April 2022: FUCHS Lubricants South Africa has introduced new food-grade Renolin SJL Heavy and Renolin SJL Winter lubricants for the sugar processing industry.The new lubricant offers benefits such as equipment longevity and food safety.. Notable trends are: Largest Segment By End User : Automotive.