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)

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 trends and projections for the petroleum lubricating oil and grease market in Europe. With an expected increase in consumption over the next decade, find out how market performance is forecasted to grow at a CAGR of +2.3% and reach 8.3M tons by 2035, with a market value of $19.3B.

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.

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 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).

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

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.

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.

The global lubricating grease market, valued at $2,459 million in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 2.0% from 2025 to 2033. This growth is driven by several key factors. The increasing demand from automotive and industrial sectors, particularly in manufacturing and mining, fuels market expansion. The rising adoption of advanced grease formulations, such as synthetic and semi-synthetic greases, offering enhanced performance and extended lifespan, also contributes significantly. Furthermore, the growth in global infrastructure development and the increasing need for efficient lubrication solutions across diverse applications are expected to propel market growth. However, fluctuating crude oil prices and stringent environmental regulations present challenges to market expansion. The market is segmented by application (automotive, agriculture/off-highway, general manufacturing, steel, mining, and others) and type (mineral oil-based, synthetic/semi-synthetic, and environmentally friendly). The automotive segment currently dominates the market due to the widespread use of lubricating grease in vehicles. However, growth is anticipated across all segments, driven by the evolving needs of diverse industries. The competitive landscape is characterized by the presence of both major international players and regional manufacturers. Strategic partnerships, technological advancements, and product diversification are expected to shape the market dynamics in the coming years. The market's relatively moderate CAGR reflects a mature market with established players. Nevertheless, significant growth opportunities exist in emerging economies with developing infrastructure and industrial sectors. The increasing focus on sustainability is also driving the demand for environmentally friendly lubricating greases, presenting a substantial avenue for growth for manufacturers who can develop and market such products. The market is likely to witness increasing consolidation, with larger players acquiring smaller firms to expand their market share and product portfolios. Regional variations in market growth will likely be influenced by economic conditions, industrial activity, and government regulations within specific geographic areas. Technological innovation focusing on enhanced performance, longevity, and environmental impact will continue to be pivotal in shaping the future trajectory of this market.

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.

This statistic displays the volume of lubricants demanded by various European nations in 2016. Russia was the European country which required the largest volume of lubricants in 2016, with a total demand of **** million tons of lubricants in this year.

According to Cognitive Market Research, the global Lubricating Grease market size was USD 125262.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 50105.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 37578.78 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 28810.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 6263.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2505.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
The Calcium-Based Grease category is the fastest growing segment of the Lubricating Grease industry

Market Dynamics of Lubricating Grease Market

Key Drivers for Lubricating Grease Market

Growing Automotive Industry to Boost Market Growth

The growing automotive industry is a key driver for the lubricating grease market due to the increasing production and ownership of vehicles globally. As vehicle manufacturing rises, especially in emerging economies like China, India, and Brazil, the demand for lubricating greases used in various automotive components such as bearings, chassis, and gearboxes also surges. Greases are essential for reducing friction, wear, and overheating in automotive parts, ensuring smooth functioning and extending vehicle lifespan. Additionally, the expansion of the electric vehicle (EV) market further accelerates the need for specialized greases to meet the unique lubrication requirements of EV components. With rising consumer demand for more vehicles and increased focus on efficient vehicle maintenance, the automotive sector significantly boosts the lubricating grease market. For instance, Shell plc's subsidiary, Shell Lubricants, has finalized the acquisition of MIDEL and MIVOLT, both based in the United Kingdom, from Manchester's M&I Materials Ltd. This acquisition aims to manufacture, distribute, and promote the MIDEL and MIVOLT product lines, integrating them into Shell's global lubricants portfolio.

Expanding industries such as manufacturing, mining, and construction to Drive Market Growth

Expanding industries such as manufacturing, mining, and construction are driving the lubricating grease market due to their heavy reliance on machinery and equipment that require regular maintenance for optimal performance. In manufacturing, greases are essential for the smooth operation of machinery, reducing wear, friction, and downtime. In mining, the harsh working conditions and heavy-duty equipment demand high-performance lubricating greases to ensure durability and extend equipment lifespan. Similarly, the construction industry depends on greases for maintaining large-scale machinery, such as excavators and loaders, to prevent breakdowns and increase efficiency. As these industries continue to grow, especially in emerging economies, the demand for industrial lubricating greases is increasing, driven by the need for enhanced equipment reliability and productivity.

Restraint Factor for the Lubricating Grease Market

Volatility in Raw Material Prices will Limit Market Growth

Volatility in raw material prices is a significant restraint for the lubricating grease market because many of the essential components, such as base oils and additives, are derived from crude oil. Fluctuations in crude oil prices can lead to unpredictable production costs for manufacturers, affecting the overall pricing of lubricating greases. When raw material costs increase, manufacturers face pressure to raise product prices, which can reduce demand, especially among cost-sensitive industries. This volatility also makes it difficult for companies to maintain stable profit margins and plan long-term investments. Additionally, sharp price fluctuations can disrupt supply chains, leading to inconsistencies in availability. As a result...

Lubricating Grease market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.

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

Bio-Based Lubricating Grease Market Outlook

According to our latest research, the global bio-based lubricating grease market size reached USD 1.12 billion in 2024, reflecting robust growth in response to increasing environmental regulations and the rising adoption of sustainable industrial practices. The market is projected to expand at a CAGR of 6.7% during the forecast period, with the total market size expected to reach approximately USD 2.16 billion by 2033. This impressive growth trajectory is primarily driven by the growing demand for eco-friendly lubricants across various end-use industries, stringent regulatory frameworks promoting the use of renewable resources, and the continuous innovation in bio-based lubricant formulations.

One of the primary growth factors for the bio-based lubricating grease market is the global shift toward sustainability and environmental stewardship. As governments across North America, Europe, and Asia Pacific tighten regulations on emissions and hazardous waste, industries are compelled to seek alternatives to conventional petroleum-based lubricants. Bio-based greases, derived from renewable sources such as vegetable oils, animal fats, and synthetic esters, offer a significantly lower environmental footprint. They are biodegradable, non-toxic, and possess enhanced lubricity, making them highly attractive to industries striving to meet sustainability targets. Furthermore, consumer awareness about the ecological impact of industrial operations is pushing manufacturers to invest in greener solutions, further fueling market expansion.

Technological advancements in the formulation and performance optimization of bio-based lubricating greases are also propelling market growth. Innovations in additive chemistry, improved oxidation stability, and advancements in base oil processing have addressed many of the historical limitations of bio-based greases, such as thermal stability and load-carrying capacity. These improvements have enabled bio-based lubricants to perform on par with, or even surpass, their petroleum-based counterparts in demanding industrial environments. The integration of advanced synthetic esters and the development of hybrid formulations are expanding the scope of applications for bio-based greases, from automotive and marine to heavy-duty industrial machinery, thus broadening the market’s potential.

Another significant driver is the increasing focus on occupational health and safety. Bio-based lubricating greases are inherently less hazardous for workers due to their non-toxic and low-volatility characteristics. As industries such as food & beverage processing, power generation, and manufacturing prioritize workplace safety and compliance with health regulations, the demand for bio-based lubricants is surging. This trend is particularly prominent in sectors where incidental contact with lubricants is possible, making food-grade, bio-based greases a preferred choice. The synergy between regulatory compliance, corporate social responsibility, and operational efficiency is creating a fertile ground for the sustained growth of the bio-based lubricating grease market.

From a regional perspective, Europe currently leads the global market, accounting for a significant share due to stringent environmental policies and a strong emphasis on sustainable industrial practices. North America follows closely, with rapid adoption in the United States and Canada, driven by both regulatory mandates and proactive corporate sustainability initiatives. The Asia Pacific region is emerging as a high-growth market, fueled by industrialization, infrastructure development, and increasing environmental consciousness among manufacturers. As these regions continue to invest in renewable technologies and green manufacturing, the bio-based lubricating grease market is poised for substantial expansion worldwide.

Product Type Analysis

The bio-based lubricating grease market by product type is segmented into vegetable oil-based, animal fat-based, synthetic ester-based, and others. Among these, vegetable oil-based greases dominate the market, owing to their high biodegradability, wide availability, and favorable performance characteristics. Vegetable oils, such as soybean, canola, and sunflower, serve as excellent base stocks due to their high lubricity and natural resistance to wear and tear. These greases are especially popular in applications where environmental contamination is a concern, such as agric

The global synthetic grease market is experiencing robust growth, driven by increasing demand across diverse industrial sectors and automotive applications. The market size in 2025 is estimated at $5 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This growth is fueled by several key factors. The rising adoption of synthetic greases in industrial equipment is a major contributor, as these lubricants offer superior performance characteristics, including enhanced temperature resistance, extended service life, and reduced friction compared to conventional greases. Furthermore, the automotive industry’s shift towards high-performance vehicles and the expanding use of synthetic greases in demanding applications like heavy-duty trucks and off-road machinery are bolstering market expansion. Stringent environmental regulations globally are also contributing to the increased demand for synthetic greases, as these options often demonstrate better biodegradability and reduced environmental impact. The market segmentation shows significant demand across various applications, with industrial equipment and automotive sectors leading the way. Organic and inorganic synthetic greases hold significant market share, driven by their specific properties catering to different applications. Although factors such as raw material price fluctuations and the relatively higher cost compared to conventional greases pose some challenges, the market's overall positive trajectory is largely unaffected by these restraints, especially given the long-term benefits of improved efficiency and reduced maintenance costs associated with synthetic greases. The market's regional distribution reveals significant opportunities in North America and Asia-Pacific, with the United States and China emerging as key growth drivers. Europe also remains a substantial market, particularly in Germany and the UK. Emerging economies in Asia-Pacific are expected to contribute significantly to the market expansion in the coming years, driven by increased industrialization and infrastructure development. The competitive landscape is marked by the presence of established players like 3M Electronics, Dow Corning, and others, along with several regional manufacturers, creating a dynamic market space with potential for both organic and inorganic growth. Further research and development efforts focusing on specialized synthetic greases designed for specific applications, coupled with effective marketing strategies highlighting the benefits of these superior products, will continue shaping the future growth trajectory of this expanding market.