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Germany Passenger Vehicles Lubricants Market - Size, Share, COVID-19 Impact & Forecasts Up To 2026

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    Report

  • 75 Pages
  • September 2022
  • Region: Germany
  • Mordor Intelligence
  • ID: 5419819
The Germany Passenger Vehicles Lubricants Market is at 279.15 million liters in 2021 and is projected to register a CAGR of 1.92% to reach 306.98 million liters in 2026. In 2020, post the COVID-19 outbreak, the usage of passenger cars significantly dropped due to the restrictions imposed as a response to the pandemic. As a result, lubricant consumption dropped by over 18% in 2020.

Key Highlights

  • Largest Segment by Product Type - Engine Oils: Engine oil is the leading product type due to its high volume requirements and low drain interval. It is used for regular high-temperature and high-pressure applications.
  • Fastest Segment by Product Type - Transmission & Gear Oils: The expected recovery of passenger vehicle sales and production in the country from 2021 is likely to drive the demand for transmission oils during the forecast period.

Key Market Trends

Largest Segment By Product Type: Engine Oils

  • Since 2016, engine oil consumption in passenger vehicles in Germany has been consistently declining. Despite growth in passenger vehicle parc, declining service intervals of passenger cars and growing penetration of electric cars have been the key factors causing this drop.
  • In 2020, post the COVID-19 outbreak, the usage of passenger cars significantly dropped due to restrictions imposed to curb the pandemic. Thus, lubricant consumption levels dropped by around 19% in 2020.
  • Although passenger vehicle sales in the country have been showing significant recovery, the second wave of the COVID-19 pandemic is likely to impact lubricant consumption. The shortage in semiconductor supply is also likely to restrict the production of major automotive OEMs in the country, and thereby impact lubricant consumption.


Competitive Landscape

The Germany Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 71.69%. The major players in this market are BP PLC (Castrol), ExxonMobil Corporation, FUCHS, LIQUI MOLY and Royal Dutch Shell Plc (sorted alphabetically).

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents

1 Executive Summary & Key Findings
2 Introduction
2.1 Study Assumptions & Market Definition
2.2 Scope of the Study?
2.3 Research Methodology
3 Key Industry Trends
3.1 Automotive Industry Trends
3.2 Regulatory Framework
3.3 Value Chain & Distribution Channel Analysis
4 Market Segmentation
4.1 By Product Type
4.1.1 Engine Oils
4.1.2 Greases
4.1.3 Hydraulic Fluids
4.1.4 Transmission & Gear Oils
5 Competitive Landscape
5.1 Key Strategic Moves
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 AVISTA OIL
5.3.2 BP PLC (Castrol)
5.3.3 ExxonMobil Corporation
5.3.4 Finke Mineralölwerk GmbH
5.3.5 FUCHS
5.3.6 LIQUI MOLY
5.3.7 PETRONAS LUBRICANTS INTERNATIONAL
5.3.8 ROWE MINERALÖLWERK GMBH
5.3.9 Royal Dutch Shell Plc
5.3.10 TotalEnergies
6 Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7 Key Strategic Questions for Lubricants CEOs

Companies Mentioned

A selection of companies mentioned in this report includes:

  • AVISTA OIL
  • BP PLC (Castrol)
  • ExxonMobil Corporation
  • Finke Mineralölwerk GmbH
  • FUCHS
  • LIQUI MOLY
  • PETRONAS LUBRICANTS INTERNATIONAL
  • ROWE MINERALÖLWERK GMBH
  • Royal Dutch Shell Plc
  • TotalEnergies

Methodology

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