Key Insights
The European automotive engine oils market is projected for steady growth, with an estimated market size of $2.33 billion in 2024. The market is expected to expand at a Compound Annual Growth Rate (CAGR) of 1.45% from 2025 to 2033, indicating a sustained but moderate expansion. This growth is primarily driven by the increasing global vehicle parc, especially in emerging economies, alongside stringent environmental regulations that necessitate the use of advanced, fuel-efficient engine oils. Furthermore, the growing demand for high-performance lubricants that offer extended drain intervals and superior engine protection, catering to both commercial fleets and the passenger vehicle segment, will act as a significant catalyst. The continuous innovation in lubricant technology, focusing on synthetic and semi-synthetic formulations, is also contributing to market buoyancy.
Automotive Engine Oils Market of Europe Market Size (In Billion)
Despite the overall positive outlook, the European market faces certain restraints. The increasing adoption of electric vehicles (EVs) presents a long-term challenge, as EVs do not require traditional engine oils. However, the transition to EVs is gradual, and the existing large fleet of internal combustion engine (ICE) vehicles will continue to be the dominant force for the foreseeable future, ensuring demand for engine oils. Moreover, fluctuating raw material prices, particularly for base oils and additives, can impact profit margins for manufacturers. Nevertheless, the ongoing need for maintenance and repair of existing ICE vehicles, coupled with the commercial vehicle sector's constant operational demands, will continue to underpin the market's stability and resilience, allowing for continued, albeit modest, growth through the forecast period.
Automotive Engine Oils Market of Europe Company Market Share
This comprehensive report delivers an in-depth analysis of the European automotive engine oils market, offering critical insights into market dynamics, growth trends, competitive landscape, and future opportunities. Covering a study period from 2019 to 2033, with a base and estimated year of 2025, this report is an essential resource for industry professionals seeking to understand the lubricants market for passenger vehicles, commercial vehicles, and motorcycles. The European automotive engine oils market is projected to reach substantial valuations, with forecasts indicating significant growth in billion units.
Automotive Engine Oils Market of Europe Market Dynamics & Structure
The European automotive engine oils market is characterized by a moderately concentrated structure, with major global players dominating the landscape. Technological innovation remains a key driver, pushing the development of high-performance, fuel-efficient, and environmentally friendly lubricant formulations. Regulatory frameworks, particularly stringent emissions standards like Euro 7, are continuously shaping product development and market entry strategies. Competitive product substitutes, including synthetic blends and advanced additive technologies, are also influencing consumer choices. End-user demographics, with an aging vehicle parc in some regions and a growing demand for premium and specialized oils, play a crucial role. Mergers and acquisitions (M&A) activity, while not always large-scale, signifies strategic consolidation and market expansion efforts by key stakeholders. The market's resilience is further bolstered by the ongoing need for engine protection and performance enhancement across diverse vehicle types.
- Market Concentration: Dominated by a mix of multinational corporations and specialized lubricant manufacturers.
- Technological Innovation Drivers: Focus on synthetic formulations, extended drain intervals, and reduced friction for enhanced fuel economy.
- Regulatory Frameworks: Strict adherence to European emissions standards and lubricant performance specifications.
- Competitive Product Substitutes: Growing adoption of advanced additive packages and bio-based lubricant alternatives.
- End-User Demographics: Shifting preferences towards higher-grade oils and specialized formulations for modern engines.
- M&A Trends: Strategic acquisitions aimed at expanding product portfolios and market reach.
Automotive Engine Oils Market of Europe Growth Trends & Insights
The European automotive engine oils market is poised for robust expansion, driven by a confluence of factors. The estimated market size in 2025 signifies a strong starting point, with projections indicating a sustained Compound Annual Growth Rate (CAGR) through 2033. Adoption rates of advanced lubricant technologies, particularly synthetic and semi-synthetic engine oils, are steadily increasing as vehicle manufacturers recommend them for optimal engine performance and longevity. Technological disruptions, such as the evolution of engine designs and the rise of hybrid and electric vehicle technologies (though engine oil demand in EVs is different), are influencing the composition and performance requirements of traditional engine oils. Consumer behavior shifts, including a greater emphasis on vehicle maintenance, extended drain intervals, and environmental consciousness, are also shaping market demand. The increasing complexity of modern engines necessitates the use of highly engineered engine oils that can withstand higher temperatures, pressures, and stress levels. This demand for superior protection and efficiency underpins the continued growth trajectory of the market. The forecast period is expected to witness significant market penetration of low-viscosity oils, contributing to improved fuel economy and reduced emissions, aligning with the broader sustainability goals of the European Union. The increasing average age of vehicles in many European countries also contributes to sustained demand for replacement engine oils.
Dominant Regions, Countries, or Segments in Automotive Engine Oils Market of Europe
Within the European automotive engine oils market, Passenger Vehicles emerge as the dominant segment, consistently driving market growth due to the sheer volume of vehicles on European roads. This dominance is further amplified by stringent OEM (Original Equipment Manufacturer) specifications and the increasing complexity of passenger car engines, demanding high-performance lubricant solutions. Germany, France, the UK, and Italy represent key national markets within Europe, exhibiting significant consumption of automotive engine oils. Germany, in particular, stands out due to its strong automotive manufacturing base and high car ownership.
- Dominant Vehicle Type: Passenger Vehicles account for the largest market share due to high vehicle parc and demand for premium lubricants.
- Key National Markets: Germany, France, the UK, and Italy lead in consumption, driven by robust automotive sectors and consumer spending.
- Growth Drivers in Passenger Vehicles:
- Increasing demand for synthetic and semi-synthetic engine oils for enhanced performance and fuel efficiency.
- Stringent OEM approvals and specifications driving the adoption of advanced lubricant formulations.
- The average age of passenger vehicles in Europe leading to consistent replacement oil demand.
- Commercial Vehicles Segment Growth: Experiencing steady growth driven by logistics and transportation needs, requiring robust engine oils for heavy-duty applications and extended drain intervals.
- Motorcycles Segment Trends: Characterized by specialized lubricant requirements, with growth influenced by recreational riding and the increasing popularity of high-performance motorcycles.
- Product Grade Influence: Premium and full synthetic engine oils are witnessing higher growth rates compared to conventional grades, reflecting a shift towards superior protection and performance.
Automotive Engine Oils Market of Europe Product Landscape
The European automotive engine oils market is characterized by a dynamic product landscape focused on innovation and performance. Manufacturers are continuously introducing advanced formulations, including full synthetic and synthetic blend engine oils, designed to meet the latest API (American Petroleum Institute) and ACEA (European Automobile Manufacturers' Association) specifications. These products offer superior protection against wear, deposit formation, and thermal breakdown, while also contributing to improved fuel economy and reduced emissions. Unique selling propositions often revolve around extended drain intervals, enhanced cold-start protection, and compatibility with modern emission control systems. Technological advancements include the incorporation of sophisticated additive packages and the development of low-viscosity oils for optimal engine efficiency.
Key Drivers, Barriers & Challenges in Automotive Engine Oils Market of Europe
The European automotive engine oils market is propelled by several key drivers. Increasing vehicle parc, coupled with stringent OEM performance requirements, drives the demand for high-quality engine oils. Technological advancements in engine design necessitate the development of more sophisticated lubricants that offer enhanced protection and fuel efficiency. The growing awareness among consumers regarding the importance of regular oil changes for vehicle longevity and performance also contributes to market growth. Furthermore, the expanding logistics and transportation sectors fuel the demand for heavy-duty engine oils for commercial vehicles.
However, the market faces certain barriers and challenges. The fluctuating prices of crude oil, a primary raw material, can impact production costs and profit margins. Stringent environmental regulations, while driving innovation, also add to compliance costs. The increasing adoption of electric vehicles (EVs) presents a long-term challenge, as EVs do not require traditional internal combustion engine oils, though they do utilize other specialized fluids. Supply chain disruptions and geopolitical uncertainties can also affect the availability and cost of raw materials. Competitive pressures from both global and regional players necessitate continuous innovation and competitive pricing strategies.
Emerging Opportunities in Automotive Engine Oils Market of Europe
Emerging opportunities in the European automotive engine oils market lie in the growing demand for sustainable and bio-based lubricant solutions, aligning with the region's strong focus on environmental protection. The increasing complexity of hybrid vehicle powertrains presents a need for specialized engine oils that can cater to both internal combustion engines and hybrid system components. Furthermore, the aftermarket segment, particularly in developing economies within Europe, offers untapped potential for growth as vehicle ownership rises. The demand for premium and performance-oriented lubricants for specialized vehicle segments, such as classic cars and performance vehicles, also represents a niche but growing opportunity.
Growth Accelerators in the Automotive Engine Oils Market of Europe Industry
Several factors are accelerating the growth of the Automotive Engine Oils Market of Europe. Technological breakthroughs in lubricant formulation, leading to superior performance characteristics like extended drain intervals and enhanced fuel efficiency, are key accelerators. Strategic partnerships between lubricant manufacturers and leading automotive OEMs, ensuring product alignment with new vehicle technologies and securing first-fill supply agreements, are crucial for market expansion. The increasing shift towards synthetic and semi-synthetic engine oils, driven by both OEM recommendations and consumer demand for better protection, significantly boosts market value. Furthermore, the continuous need for maintenance and replacement of engine oils across the vast European vehicle parc provides a consistent demand driver.
Key Players Shaping the Automotive Engine Oils Market of Europe Market
- BP PLC (Castrol)
- CHEVRON CORPORATION
- ExxonMobil Corporation
- FUCHS
- Gazprom
- LIQUI MOLY
- LUKOIL
- Motul
- Royal Dutch Shell Plc
- TotalEnergie
Notable Milestones in Automotive Engine Oils Market of Europe Sector
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions, impacting strategic focus and product development within the lubricants division.
- September 2021: Lukoil Group and Daimler AG expanded their relationship, with Lukoil lubricants' first fill supplies for premium passenger cars. The introduction of low-viscosity Lukoil Genesis engine oil, developed for modern gasoline and diesel engines, offers dependable engine protection and increased fuel economy, addressing key market needs.
- June 2021: TotalEnergies and Stellantis group renewed their partnership, extending cooperation across multiple brands including Peugeot, Citroën, DS Automobiles, Opel, and Vauxhall. This collaboration emphasizes the development and innovation of lubricants, first-fill supplies, and brand recommendations, strengthening TotalEnergies' position in the OEM segment.
In-Depth Automotive Engine Oils Market of Europe Market Outlook
The Automotive Engine Oils Market of Europe is characterized by a positive and sustained outlook. Growth will be propelled by the ongoing demand for high-performance and fuel-efficient engine oils in the passenger vehicle segment, complemented by steady growth in the commercial vehicle sector. The increasing adoption of synthetic formulations and the continuous innovation in additive technologies will further enhance market value. Strategic collaborations between lubricant manufacturers and automotive OEMs will continue to be a significant factor, securing market share and driving product development aligned with evolving vehicle technologies. While the long-term impact of electrification on traditional engine oil demand remains a consideration, the immediate and medium-term future for the European automotive engine oils market appears robust, driven by the existing internal combustion engine fleet and the need for advanced lubrication solutions. Opportunities for sustainable product development and niche market penetration will also contribute to market expansion.
Automotive Engine Oils Market of Europe Segmentation
-
1. Vehicle Type
- 1.1. Commercial Vehicles
- 1.2. Motorcycles
- 1.3. Passenger Vehicles
- 2. Product Grade
Automotive Engine Oils Market of Europe Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific
Automotive Engine Oils Market of Europe Regional Market Share
Geographic Coverage of Automotive Engine Oils Market of Europe
Automotive Engine Oils Market of Europe REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 1.45% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Restrains
- 3.4. Market Trends
- 3.4.1. Largest Segment By Vehicle Type
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Automotive Engine Oils Market of Europe Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 5.1.1. Commercial Vehicles
- 5.1.2. Motorcycles
- 5.1.3. Passenger Vehicles
- 5.2. Market Analysis, Insights and Forecast - by Product Grade
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. South America
- 5.3.3. Europe
- 5.3.4. Middle East & Africa
- 5.3.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 6. North America Automotive Engine Oils Market of Europe Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 6.1.1. Commercial Vehicles
- 6.1.2. Motorcycles
- 6.1.3. Passenger Vehicles
- 6.2. Market Analysis, Insights and Forecast - by Product Grade
- 6.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 7. South America Automotive Engine Oils Market of Europe Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 7.1.1. Commercial Vehicles
- 7.1.2. Motorcycles
- 7.1.3. Passenger Vehicles
- 7.2. Market Analysis, Insights and Forecast - by Product Grade
- 7.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 8. Europe Automotive Engine Oils Market of Europe Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 8.1.1. Commercial Vehicles
- 8.1.2. Motorcycles
- 8.1.3. Passenger Vehicles
- 8.2. Market Analysis, Insights and Forecast - by Product Grade
- 8.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 9. Middle East & Africa Automotive Engine Oils Market of Europe Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 9.1.1. Commercial Vehicles
- 9.1.2. Motorcycles
- 9.1.3. Passenger Vehicles
- 9.2. Market Analysis, Insights and Forecast - by Product Grade
- 9.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 10. Asia Pacific Automotive Engine Oils Market of Europe Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 10.1.1. Commercial Vehicles
- 10.1.2. Motorcycles
- 10.1.3. Passenger Vehicles
- 10.2. Market Analysis, Insights and Forecast - by Product Grade
- 10.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 BP PLC (Castrol)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 CHEVRON CORPORATION
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 ExxonMobil Corporation
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 FUCHS
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Gazprom
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 LIQUI MOLY
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 LUKOIL
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Motul
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Royal Dutch Shell Plc
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 TotalEnergie
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 BP PLC (Castrol)
List of Figures
- Figure 1: Global Automotive Engine Oils Market of Europe Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: North America Automotive Engine Oils Market of Europe Revenue (billion), by Vehicle Type 2025 & 2033
- Figure 3: North America Automotive Engine Oils Market of Europe Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 4: North America Automotive Engine Oils Market of Europe Revenue (billion), by Product Grade 2025 & 2033
- Figure 5: North America Automotive Engine Oils Market of Europe Revenue Share (%), by Product Grade 2025 & 2033
- Figure 6: North America Automotive Engine Oils Market of Europe Revenue (billion), by Country 2025 & 2033
- Figure 7: North America Automotive Engine Oils Market of Europe Revenue Share (%), by Country 2025 & 2033
- Figure 8: South America Automotive Engine Oils Market of Europe Revenue (billion), by Vehicle Type 2025 & 2033
- Figure 9: South America Automotive Engine Oils Market of Europe Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 10: South America Automotive Engine Oils Market of Europe Revenue (billion), by Product Grade 2025 & 2033
- Figure 11: South America Automotive Engine Oils Market of Europe Revenue Share (%), by Product Grade 2025 & 2033
- Figure 12: South America Automotive Engine Oils Market of Europe Revenue (billion), by Country 2025 & 2033
- Figure 13: South America Automotive Engine Oils Market of Europe Revenue Share (%), by Country 2025 & 2033
- Figure 14: Europe Automotive Engine Oils Market of Europe Revenue (billion), by Vehicle Type 2025 & 2033
- Figure 15: Europe Automotive Engine Oils Market of Europe Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 16: Europe Automotive Engine Oils Market of Europe Revenue (billion), by Product Grade 2025 & 2033
- Figure 17: Europe Automotive Engine Oils Market of Europe Revenue Share (%), by Product Grade 2025 & 2033
- Figure 18: Europe Automotive Engine Oils Market of Europe Revenue (billion), by Country 2025 & 2033
- Figure 19: Europe Automotive Engine Oils Market of Europe Revenue Share (%), by Country 2025 & 2033
- Figure 20: Middle East & Africa Automotive Engine Oils Market of Europe Revenue (billion), by Vehicle Type 2025 & 2033
- Figure 21: Middle East & Africa Automotive Engine Oils Market of Europe Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 22: Middle East & Africa Automotive Engine Oils Market of Europe Revenue (billion), by Product Grade 2025 & 2033
- Figure 23: Middle East & Africa Automotive Engine Oils Market of Europe Revenue Share (%), by Product Grade 2025 & 2033
- Figure 24: Middle East & Africa Automotive Engine Oils Market of Europe Revenue (billion), by Country 2025 & 2033
- Figure 25: Middle East & Africa Automotive Engine Oils Market of Europe Revenue Share (%), by Country 2025 & 2033
- Figure 26: Asia Pacific Automotive Engine Oils Market of Europe Revenue (billion), by Vehicle Type 2025 & 2033
- Figure 27: Asia Pacific Automotive Engine Oils Market of Europe Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 28: Asia Pacific Automotive Engine Oils Market of Europe Revenue (billion), by Product Grade 2025 & 2033
- Figure 29: Asia Pacific Automotive Engine Oils Market of Europe Revenue Share (%), by Product Grade 2025 & 2033
- Figure 30: Asia Pacific Automotive Engine Oils Market of Europe Revenue (billion), by Country 2025 & 2033
- Figure 31: Asia Pacific Automotive Engine Oils Market of Europe Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 2: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 3: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Region 2020 & 2033
- Table 4: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 5: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 6: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Country 2020 & 2033
- Table 7: United States Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 8: Canada Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 9: Mexico Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 10: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 11: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 12: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Country 2020 & 2033
- Table 13: Brazil Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 14: Argentina Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 15: Rest of South America Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 16: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 17: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 18: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Country 2020 & 2033
- Table 19: United Kingdom Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 20: Germany Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 21: France Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 22: Italy Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 23: Spain Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 24: Russia Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 25: Benelux Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 26: Nordics Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 27: Rest of Europe Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 28: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 29: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 30: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Country 2020 & 2033
- Table 31: Turkey Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 32: Israel Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 33: GCC Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 34: North Africa Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 35: South Africa Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 36: Rest of Middle East & Africa Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 37: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Vehicle Type 2020 & 2033
- Table 38: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Product Grade 2020 & 2033
- Table 39: Global Automotive Engine Oils Market of Europe Revenue billion Forecast, by Country 2020 & 2033
- Table 40: China Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 41: India Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 42: Japan Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 43: South Korea Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 44: ASEAN Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 45: Oceania Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
- Table 46: Rest of Asia Pacific Automotive Engine Oils Market of Europe Revenue (billion) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Automotive Engine Oils Market of Europe?
The projected CAGR is approximately 1.45%.
2. Which companies are prominent players in the Automotive Engine Oils Market of Europe?
Key companies in the market include BP PLC (Castrol), CHEVRON CORPORATION, ExxonMobil Corporation, FUCHS, Gazprom, LIQUI MOLY, LUKOIL, Motul, Royal Dutch Shell Plc, TotalEnergie.
3. What are the main segments of the Automotive Engine Oils Market of Europe?
The market segments include Vehicle Type, Product Grade.
4. Can you provide details about the market size?
The market size is estimated to be USD 2.33 billion as of 2022.
5. What are some drivers contributing to market growth?
N/A
6. What are the notable trends driving market growth?
Largest Segment By Vehicle Type : Passenger Vehicles.
7. Are there any restraints impacting market growth?
N/A
8. Can you provide examples of recent developments in the market?
January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.September 2021: Lukoil Group and Daimler AG, one of the world's major automobile manufacturers, expanded their relationship in Lukoil lubricants' first fill supplies for the brand's premium passenger cars' engines. Low-viscosity Lukoil Genesis engine oil, developed by LLK-International (PJSC LUKOIL wholly owned subsidiary) for modern gasoline and diesel engines of the car manufacturer in compliance with one of its newest first fill standards, will be added to the product portfolio. In comparison to the previous generation, the new product delivered dependable engine protection and increased fuel economy.June 2021: TotalEnergies and Stellantis group renewed their partnership for cooperation across different segments. Along with the renewal of partnerships with Peugeot, Citroën, and DS Automobiles, the new collaboration extends to Opel, and Vauxhall as well. This partnership includes the development and innovation of lubricants, first-fill in Stellantis group vehicles, recommendation of Quartz lubricants, and shared usage of charging stations operated by TotalEnergies, among others.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Automotive Engine Oils Market of Europe," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Automotive Engine Oils Market of Europe report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Automotive Engine Oils Market of Europe?
To stay informed about further developments, trends, and reports in the Automotive Engine Oils Market of Europe, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence