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

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    Report

  • 67 Pages
  • September 2022
  • Region: Germany
  • Mordor Intelligence
  • ID: 5419842
The Germany Commercial Vehicles Lubricants Market is at 105.89 million liters in 2021 and is projected to register a CAGR of 1.66% to reach 115.00 million liters in 2026. Post the COVID-19 outbreak, freight transportation in the country was negatively affected due to the pandemic during the first half of 2020. Hence, the average annual mileage rates for commercial vehicles have declined by around 10% in 2020, compared to 2019.

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.

Key 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.


Competitive Landscape

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

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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