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

The Germany Automotive Lubricants Market is at 389.19 million liters in 2021 and is projected to register a CAGR of 1.88% to reach 427.09 million liters in 2026. Post the COVID-19 outbreak, Piaggio had penetrated the motorcycle market in Germany due to the increased demand for its Vespa brand of scooters. This trend is likely to continue during the forecast period. The increasing demand for electric motorcycles is also expected to be a major driving factor for the growing motorcycle population in the country in near future.

Key Highlights

• Largest Segment by Vehicle Type - Passenger Vehicles: The passenger cars segment has the highest requirement for vehicle servicing in Germany. It holds the highest share of engine oil consumption in the passenger vehicles sector.
• Fastest Segment by Vehicle Type - Motorcycles: In Germany, the growing demand for motorcycles and mopeds post the COVID-19 outbreak is likely to boost the demand for motorcycle lubricants during the forecast period.
• Largest Segment by Product Type - Engine Oils: Engine oil is the leading product type, owing to its high volume requirements and low drain intervals. It is used in high-temperature and high-pressure applications.
• Fastest Segment by Product Type - Transmission & Gear Oils: The expected recovery in vehicle production and the growing demand for automatic transmission are likely to drive the demand for transmission oils during 2021-2026.

Key Market Trends

Largest Segment By Vehicle Type: Passenger Vehicles

• Among all vehicle types, passenger vehicles accounted for about 82.04% of the total number of on-road vehicles in 2020, thus generating the highest demand for lubricants in Germany. In 2020, passenger vehicles accounted for 71.69% of the total lubricant volume consumption.
• Contrary to other vehicle types, the motorcycles segment recorded an increase of 33% in sales, even after the COVID-19 outbreak in 2020. A major surge in demand for scooters and mopeds was witnessed due to the heavy discounts on stage IV emission models since stage V emission level regulations were due in 2021.
• During the forecast period, motorcycles are likely to be the fastest-growing vehicle segment in terms of lubricant consumption, with a CAGR of about 4.26%. The increase in sales of scooters and mopeds is anticipated to support growth in motorcycle lubricant consumption levels during the forecast period.

Competitive Landscape

The Germany Automotive Lubricants Market is fairly consolidated, with the top five companies occupying 68.28%. The major players in this market are BP PLC (Castrol), FUCHS, LIQUI MOLY, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).

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• The market estimate (ME) sheet in Excel format
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