Germany Commercial Vehicles Lubricants Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 113.03 Million Liters |
| Market Volume (2026) | 115.00 Million Liters |
| CAGR (2024 - 2026) | 0.87 % |
| Market Concentration | High |
Germany Commercial Vehicles Lubricants Market Analysis
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).
- 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
This section covers the major market trends shaping the Germany Commercial Vehicles Lubricants Market according to our research experts:
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鈥檚 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).
Germany Commercial Vehicles Lubricants Market Leaders
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CHEVRON CORPORATION
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FUCHS
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LIQUI MOLY
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Royal Dutch Shell Plc
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TotalEnergies
*Disclaimer: Major Players sorted in no particular order
Germany Commercial Vehicles Lubricants Market News
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
- June 2021: RAVENOL and AC Schnitzer collaborated to research and supply cutting-edge automotive and motorbike solutions. RAVENOL's products, including engine oil, gearbox oil, LSD oil, and brake oil, will be provided to AC Schnitzer.
- May 2021: ADDINOL developed ADDINOL Professional 0530 FA-4, which is a high-performance motor oil for commercial vehicles with reduced HTHS viscosity.
Germany Commercial Vehicles Lubricants Market Report - 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 MINERAL脰LWERK 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
Germany Commercial Vehicles Lubricants Industry Segmentation
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
Germany Commercial Vehicles Lubricants Market Research FAQs
How big is the Germany Commercial Vehicles Lubricants Market?
The Germany Commercial Vehicles Lubricants Market size is expected to reach 113.03 million Liters in 2024 and grow at a CAGR of 0.87% to reach 115.00 million Liters by 2026.
What is the current Germany Commercial Vehicles Lubricants Market size?
In 2024, the Germany Commercial Vehicles Lubricants Market size is expected to reach 113.03 million Liters.
Who are the key players in Germany Commercial Vehicles Lubricants Market?
CHEVRON CORPORATION, FUCHS, LIQUI MOLY, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the Germany Commercial Vehicles Lubricants Market.
Which segment has the biggest share in the Germany Commercial Vehicles Lubricants Market?
In the Germany Commercial Vehicles Lubricants Market, the Engine Oils segment accounts for the largest share by product type.
Which is the fastest growing segment in the Germany Commercial Vehicles Lubricants Market?
In 2024, the Transmission & Gear Oils segment accounts for the fastest growing by product type in the Germany Commercial Vehicles Lubricants Market.
What years does this Germany Commercial Vehicles Lubricants Market cover, and what was the market size in 2023?
In 2023, the Germany Commercial Vehicles Lubricants Market size was estimated at 110.41 million Liters. The report covers the Germany Commercial Vehicles Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Commercial Vehicles Lubricants Market size for years: 2024, 2025 and 2026.
Germany Commercial Vehicles Lubricants Industry Report
Statistics for the 2024 Germany Commercial Vehicles Lubricants market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Germany Commercial Vehicles Lubricants analysis includes a market forecast outlook to 2026 and historical overview. Get a sample of this industry analysis as a free report PDF download.
