
Germany Automotive Engine Oils Market - Size, Share, Covid-19 Impact & Forecasts Up To 2026
Description
Germany Automotive Engine Oils Market - Size, Share, Covid-19 Impact & Forecasts Up To 2026
BP PLC (Castrol)
CHEVRON CORPORATION
ExxonMobil Corporation
FUCHS
LIQUI MOLY
Motul
ROWE MINERALÖLWERK GMBH
Royal Dutch Shell Plc
SCT Lubricants
TotalEnergies
Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.
The Germany Automotive Engine Oils Market is at 260.69 million liters in 2021 and is projected to register a CAGR of 1.70% to reach 283.58 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.
- Engine oils are the most used automotive lubricants in the country. In 2020, they accounted for about 67.38% of the overall 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 2015-2019, automotive engine oil consumption in Germany dropped by a CAGR of about 0.42% 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 16.65%.
- 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.
The Germany Automotive Engine Oils Market is fairly consolidated, with the top five companies occupying 68.11%. The major players in this market are BP PLC (Castrol), 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
BP PLC (Castrol)
CHEVRON CORPORATION
ExxonMobil Corporation
FUCHS
LIQUI MOLY
Motul
ROWE MINERALÖLWERK GMBH
Royal Dutch Shell Plc
SCT Lubricants
TotalEnergies
Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.
Table of Contents
89 Pages
- 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
- 3.1.1 Overall Vehicles
- 3.1.2 Commercial Vehicles
- 3.1.3 Motorcycles
- 3.1.4 Passenger Vehicles
- 3.2 Regulatory Framework
- 3.2.1 Germany
- 3.3 Value Chain & Distribution Channel Analysis
- 4 Market Segmentation
- 4.1 By Product Grade
- 4.2 By Vehicle Type
- 4.2.1 Commercial Vehicles
- 4.2.2 Motorcycles
- 4.2.3 Passenger Vehicles
- 5 Competitive Landscape
- 5.1 Key Strategic Moves
- 5.2 Market Share Analysis
- 5.3 Company Profiles
- 5.3.1 BP PLC (Castrol)
- 5.3.2 CHEVRON CORPORATION
- 5.3.3 ExxonMobil Corporation
- 5.3.4 FUCHS
- 5.3.5 LIQUI MOLY
- 5.3.6 Motul
- 5.3.7 ROWE MINERALÖLWERK GMBH
- 5.3.8 Royal Dutch Shell Plc
- 5.3.9 SCT Lubricants
- 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
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.