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Germany Commercial Vehicles Lubricants - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2015 - 2026

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    Report

  • 90 Pages
  • February 2024
  • Region: Germany
  • Mordor Intelligence
  • ID: 5419842
UP TO OFF until Mar 31st 2024
The Germany Commercial Vehicles Lubricants Market size is estimated at 113.03 Million Liters in 2024, and is expected to reach 115 Million Liters by 2026, growing at a CAGR of 0.87% during the forecast period (2024-2026).

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 high-temperature and high-pressure applications.
  • Fastest Segment by Product Type - Transmission & Gear Oils : Increasing production and maintenance requirements of passenger vehicles in the country are likely to drive the demand for transmission oils during the forecast period.

Germany Commercial Vehicles Lubricants Market Trends

Largest Segment By Product Type : Engine Oils

  • During 2015-2019, commercial vehicle lubricant consumption in Germany increased by a CAGR of 0.42%, majorly owing to significant growth in the country’s commercial vehicle population.
  • Post the COVID-19 outbreak, freight transportation in the country was negatively affected during the first half of 2020. Hence, the drop in annual mileage led to a decline of 10.58% in commercial vehicle lubricant consumption in the country.
  • In Germany, the recovering commercial vehicle sales are likely to boost lubricant consumption during the forecast period. Although the gradual penetration of electric vehicles in the commercial vehicles sector is likely to reduce engine oil consumption, it is likely to boost grease consumption. Hence, commercial vehicle lubricant consumption is likely to record a CAGR of 1.66% during 2021-2026.


Germany Commercial Vehicles Lubricants Industry Overview

The Germany Commercial Vehicles Lubricants Market is moderately consolidated, with the top five companies occupying 61.35%. The major players in this market are CHEVRON CORPORATION, FUCHS, LIQUI MOLY, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).

Additional Benefits:

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


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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 ADDINOL
5.3.2 BP PLC (Castrol)
5.3.3 CHEVRON CORPORATION
5.3.4 ExxonMobil Corporation
5.3.5 FUCHS
5.3.6 LIQUI MOLY
5.3.7 Ravensberger Schmierstoffvertrieb GmbH
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:

  • ADDINOL
  • BP PLC (Castrol)
  • CHEVRON CORPORATION
  • ExxonMobil Corporation
  • FUCHS
  • LIQUI MOLY
  • Ravensberger Schmierstoffvertrieb GmbH
  • ROWE MINERALÖLWERK GMBH
  • Royal Dutch Shell Plc
  • TotalEnergies

Methodology

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