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

The Germany Automotive Engine Oils Market is at 285.05 million liters in 2021 and is projected to register a CAGR of 0.99% to reach 299.45 million liters in 2026. Owing to decreased mobility post the COVID-19 outbreak, the demand for engine oil replacements in passenger vehicles declined drastically. As a result, engine oil consumption in passenger vehicles dropped by around 19% during 2020.

Key Highlights

• Largest Segment by Vehicle Type - Passenger Vehicles: In Germany, the highest share of passenger vehicle population, in turn, has attributed to the highest engine oil consumption level in the passenger vehicles sector.
• Fastest Segment by Vehicle Type - Motorcycles: The meteoric increase in the demand for mopeds and scooters in Germany post the COVID-19 outbreak is likely to drive the engine oil consumption in the motorcycles segment.

Key Market Trends

Largest Segment By Vehicle Type: Passenger Vehicles

• Engine oils are the most used automotive lubricants in the country. In 2021, they accounted for about 68.2% of the automotive lubricant consumption. High engine oil consumption by domestic car brands, like Volkswagen, BMW, and Audi, makes Germany one of the major engine oil consumers in Europe. However, during 2015-2020, automotive engine oil consumption in Germany dropped by a CAGR of about 0.8% due to the decline in average drain intervals and production output.
• In 2020, the COVID-19 outbreak resulted in a huge decline in the usage of Germany’s existing vehicle fleet. Thus, engine oil consumption in the country decreased by around 3.3%.
• Despite the expected recovery in sales and production in the automotive industry, an increase in the penetration of electric vehicles is likely to have a negative impact on engine oil consumption over the next five years.

Competitive Landscape

The Germany Automotive Engine Oils Market is fairly consolidated, with the top five companies occupying 72.92%. 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