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 ).

The Europe Passenger Vehicles Lubricants Market is segmented by product type (engine oils, greases, hydraulic fluids, transmission & gear oils) and by country (Bulgaria, France, Germany, Italy, Norway, Poland, Russia, Spain, United Kingdom).

Europe's lubricants and fuel additives market was valued at 4.2 billion U.S. dollars in 2023 and is forecast to grow to some 5.5 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.

The European marine lubricants market report is segmented by base stock (mineral oil, synthetic oil, and bio-based oils), product type (system oil, marine cylinder lubricants, trunk piston engine oil, gear oil, greases, hydraulic fluids, and other product types), and geography (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe). For each segment, the market sizing and forecasts are provided in terms of volume (liters).

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 one fifth of the total market value.

The market value for fluids and lubricants in Europe stood at some 34 billion U.S. dollars in 2023. Over the following decade, this market value is forecast to exceed 40 billion U.S. dollars.More information on the fluids and lubricants market can be found here.

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Lubricants Market Size 2025-2029

The lubricants market size is forecast to increase by USD 26.7 billion at a CAGR of 3.5% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing demand from various end-user industries, including automotive, industrial, and power generation sectors. This trend is attributed to the rising production levels and the need to maintain machinery and equipment efficiency. Another key trend shaping the market is the emergence of bio-based lubricants, which offer environmental benefits and improved performance compared to traditional mineral oil-based lubricants. However, the market is not without challenges, as fluctuations in crude oil prices can impact the production costs and profitability of lubricant manufacturers. Companies seeking to capitalize on market opportunities should focus on innovation, sustainability, and cost competitiveness. Additionally, strategic partnerships, mergers and acquisitions, and geographical expansion can help businesses navigate the competitive landscape and remain agile in response to market dynamics.

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

Request Free SampleThe market encompasses a broad range of products used to reduce friction and wear in various industries, including power generation, transportation, and manufacturing. Market dynamics are driven by advancements in material science, leading to the development of advanced lubricant additives and formulations. These innovations enhance lubricant performance in high-speed engines, hydraulic fluid technology, and engine performance optimization. The shift towards renewable energy sources, sustainable manufacturing, and circular economy principles is influencing the market. Lubricants play a crucial role in energy efficiency solutions for wind energy, solar power, and alternative fuels. Sustainable lubricant formulations, such as bio-based lubricants, contribute to carbon footprint reduction and environmental sustainability. Smart grids, industrial automation, and aerospace applications require lubricants with superior wear resistance and heat dissipation properties. The future of lubrication lies in green technology, with a focus on energy efficiency, lubricant life extension, and the integration of advanced additives. Lubricant analysis and synthetic ester lubricants are gaining popularity due to their ability to improve lubricant performance and extend equipment life. The market also caters to the needs of the automotive industry, with a focus on hybrid vehicles and electric cars. Extreme pressure lubricants continue to be essential in heavy-duty applications, ensuring optimal performance under challenging conditions.

How is this Lubricants Industry 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. ApplicationAutomotive oilsIndustrial oilsProcess oilsMetalworking fluidsGreasesProductMineral oil-based lubricantsSynthetic lubricantsBio-based lubricantsGrade TypeGroup IIGroup IIIGroup IGroup IVGroup VEnd-userTransportationManufacturingConstructionMiningAgricultureOthersDistribution ChannelDirect SalesDistributors/WholesalersRetailOnlineBase OilMineral OilSynthetic OilBio-Based OilSemi-Synthetic OilGeographyAPACChinaIndiaJapanSouth KoreaEuropeFranceGermanyItalyUKNorth AmericaUSCanadaMiddle East and AfricaSouth America

By Application Insights

The automotive oils segment is estimated to witness significant growth during the forecast period.The automotive industry's expanding production and demand, particularly in developing countries, have driven the need for lubricants. Passenger car production growth in countries like China, India, Brazil, and Indonesia is expected to boost the automotive the market. These lubricants, including engine oils, hydraulic oils, and shock absorber fluids, reduce friction and wear, improving fuel efficiency and machinery longevity. Industrial applications, such as heavy machinery, hydraulic systems, and thermal stability in high-performance engines, also rely on lubricants for optimal functioning. Additionally, the renewable energy sector, including solar farms and wind power, utilizes lubricants for the smooth operation of equipment. The lubricant market encompasses various types, including mineral oil, synthetic oil, bio-based lubricants, and specialized lubricants, catering to diverse industries and applications. Fuel efficiency, wear protection, corrosion inhibitors, and thermal stability are essential factors influencing lubricant demand. As the world transitions to electric vehicles, the market for lubricants is evolving, with a focus on eco-friendly solutions and longer drain intervals.

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Europe Lubricants Market is expected to reach at a CAGR of 2.45% By 2030 : DataM Intelligence

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).

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 bio-based lubricants market value for products sold in Europe was estimated at roughly 670 million U.S. dollars in 2023. In 2024, this figure is forecast to increase to 685 million U.S. dollars.More information on the bio-based lubricants market can be found here.

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Lubricants Market for Mining and Quarry Applications Size 2024-2028

The lubricants market for mining and quarry applications market size is forecast to increase by USD 560.1 million and is estimated to grow at a CAGR of 4.36% between 2023 and 2028. The mining and quarry applications lubricants market experiences significant growth due to various influencing factors. Firstly, the integration of advanced smart mining equipment enhances productivity and efficiency, necessitating the use of high-performance lubricants. Secondly, automatic lubrication systems' increasing implementation streamlines maintenance processes, reducing downtime and labor costs. Lastly, the burgeoning demand for cobalt, driven by the widespread adoption of electric vehicles, fuels market expansion. These factors collectively contribute to the market's robust growth and continued innovation.

What will be the size of the Market During the Forecast Period?

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Market Dynamics and Customer Landscape

The market's growth is fueled by the increasing demand for viscous fluid lubricants that enhance machineries' durability and performance. Synthetic lubricants are preferred for their consistent quality and adaptability to various mining conditions. Bio-lubricants and sustainable practices are also gaining traction as the industry moves towards environmentally friendly solutions. Overall, the lubricants for mining and quarry applications market continues to evolve, driven by the need for efficient, high-performance products that ensure the reliability and longevity of mining equipment in challenging environments. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The adoption of smart mining equipment is driving growth in the lubricants market for the mining and quarry application market. Mining and quarrying equipment includes crushing and screening equipment, mining trucks, mining drills, tunneling and rock drilling equipment, motor graders, large wheel loaders, draglines, etc. To improve the efficiency of their operations, these facilities have undergone a number of technological developments.

However, the rising advancement in mining equipment has increased their adoption to achieve better outputs, safety, and precaution and reduce the number of workers as part of cost-cutting. The demand for lubricant to keep mining equipment in good working condition has therefore risen. This, in turn, will drive the growth of the market in focus during the forecast period.

Significant Market Trends

The shifting of mining activities to emerging economies is a key trend in the lubricants market for the mining and quarry application market. As emerging economies continue to grow, their economy and GDPs are growing more than in advanced economies, and mining activity is beginning to shift toward them. Countries such as India, Brazil, South Africa, Indonesia, Mexico, and Kazakhstan have seen an increase in mining activities.

Moreover, India is emerging as one of the major producers of key industrial ores and minerals, whether it is fuel-based, metallic-based, non-metallic-based, or atomic or minor minerals. The country's need for additional minerals is being driven by energy demand and the growth of the manufacturing sector. With these developments, the mining sector is shifting toward emerging economies of Asia, Southeast Asia, Latin America, and Africa. Hence, such factors are driving the market during the forecast period.

Major Market Challenge

The strong growth in renewable energy generation is a major challenge in the lubricants market for the mining and quarry application market. With less fossil fuels in the world, more use of renewables and energy efficiency is being made. This increasing competitiveness of renewable energy such as wind, solar, hydro, nuclear, and biomass is expected to undermine the attractiveness of investments in coal, thereby reducing the demand for lubricants used in the mining of coal.

Moreover, with growing concerns about climate change, environmental degradation, and the health risks associated with coal use, countries are increasingly turning to renewables. The rising inclination of countries towards renewable sources of energy to reduce greenhouse gas (GHG) emissions and the growing global renewable energy capacity are expected to hamper the growth of the coal mining industry, thereby reducing the demand for mining equipment. This will negatively impact the global lubricants market for mining and quarry applications during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stag

The Lubricants Market Research Report is Segmented by Group (Group I, Group II, Group III, Group IV, and Group V), Base Stock (Mineral Oil Lubricants, Synthetic Lubricants, Semi-Synthetic Lubricants, and Bio-Based Lubricants), Product Type (Engine Oil, Transmission, and Hydraulic Fluid, Metalworking Fluid, General Industrial Oil, Gear Oil, Grease, Process Oil, and Other Product Types), End-User Industry (Power Generation, Automotive and Other Transportation, Heavy Equipment, Food and Beverage, Metallurgy and Metal Working, Chemical Manufacturing, and Other End-User Industries (Packaging, Oil, and Gas)), and Geography (Asia-Pacific, North America, Europe, South America, Middle-East, and Africa). The Report Offers Market Size and Forecasts for Lubricants in Terms of Volume (liters) for all the Above Segments.

The European Union produced 5.5 million metric tons of lubricants in 2023. The amount of lubricants produced through refineries decreased that year, falling from 5.8 million metric tons in 2022.

Lubricants market size earned around $169.17 Billion in 2023 and is expected to reach $216.90 Billion by 2032, with a projected CAGR of 2.8%.

Base Year 2023 Forecast Period 2024-2028 Market Growth X.XX%*

As per Cognitive Market Research's latest published report, the Global Food Grade Lubricants market size will be $353.43 Million by 2028. Food Grade Lubricants Industry's Compound Annual Growth Rate will be 5.25% from 2023 to 2030.

The Europe Food Grade Lubricants market size will be USD 108.54 Million by 2028. What is Driving the Grade Lubricants Market?

Rising demand for food & beverages industry

The food and beverage industry has a unique role in expanding economic opportunity because it is universal to human life and health. This industry operates various segments where billions of people grow, transform, and sell food, particularly in developing countries where agriculture dominates all other economic sectors. The global food & beverage industry has seen rapid growth over the last ten years and this is expected to continue. The global food and beverage industry is growing at around 5% a year and global expenditure on food products by consumers is expected to reach US$20 trillion by 2030.

Following graph shows the global revenue in the food & beverages industry which is projected to reach US $258,741 million in 2021.

Asia Pacific is the fastest growing region for the food & beverage industry due to rapid increasing population. India is forecast to have the strongest annual growth of food & beverage sales between 2017 and 2020, with 13.1%. Average annual growth in China reached to 11.2% over the last four years. Indonesia and the Philippines both countries expected to see a strong acceleration in growth, with forecasts of 10.1% and 9.6% respectively. After Asia Pacific region second most growing region for the food & beverage industry is Middle East & Africa, which is followed by the America.

However, food safety is a critical factor for food and beverage products. Chemical contamination is always a potential risk to food safety in food production facilities. Additionally, food grade lubricants protect the moving parts and solid surfaces of equipment by reducing wear, friction, corrosion, deposits and oxidation; dissipating heat; and transferring power. Hence, rise in the demand for food and beverage industry automatically drives the growth of food grade lubricants market globally.

Restraints for Food Grade Lubricants Market

Shortage of raw materials.(Access Detailed Analysis in the Full Report Version)

Opportunities for Food Grade Lubricants Market

The growing trend of healthy and nutritious food eating habits among consumer.(Access Detailed Analysis in the Full Report Version)

Definition of Food Grade Lubricants

Food-grade lubricants are the type of lubricants which perform the same function as that of other normal lubricant but are safer to use in the food, beverages, pharmaceutical industry etc. The equipment used for the product in industry required lubricants which provide protection against wear, friction, corrosion and oxidation, dissipate heat etc and to maintain the equipment and machineries in the optimal working condition and also enhances the life of the machineries and equipment.

Not all the lubricant use for other industries is applicable for the used in food, beverages and pharmaceutical industry as they contain harmful substances which may adulterate the food and drug and may causes toxicity in the food and drug or may led to degradation of food products. In order to overcome these challenges, the various agency such as FDA, United States Department of Agriculture, etc has come up with the food grade categories of lubricants which are safe to use in the food and pharmaceuticals industry. The agencies have approved lubricant for the usages in the such industries which offers the similar function as that of normal lubricants and also satisfy the safety parameter. Food grade lubricants are generally made from the edible oil, refined mineral oil, bio-based oil etc. and need the certain certification from National Sanitation Foundation, German Institute for Standardization (DIN) etc.

The food grade lubricant market is segmentate on the basis of type of food grade lubricants as H1, H2 and H3 lubricant grade, on the type of base stock used as mineral oil, synthetic oil and bio-based oil, The market is also segmented on the basis of application as food, beverages, pharmaceutical & cosmetics and more.

As the population is increasing all across the world, the consumption o...

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Upon thorough industrial lubricants market analysis and research, the following factors has been identified as the critical market trends during the forecast period 2020-2024:

The industrial lubricants market report also provides several other key information including:

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive industrial lubricants market growth during the next five years
Precise estimation of the industrial lubricants market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the industrial lubricants market industry across APAC, Europe, North America, MEA, and South America
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of industrial lubricants market vendors

The Europe Grease Market is segmented by Thickener (Metal Soaps and Other Thickeners), End-user Industry (Power Generation, Automotive and Other Transportation, Heavy Equipment, Food and Beverage, Metallurgy and Metalworking, Chemical Manufacturing, and Other End-user Industries), and Geography (Germany, United Kingdom, Italy, France, Russia, Turkey, Spain, and Rest of Europe).