Germany Automotive Engine Oil Market by Grade Type, Type, and Application - Forecast and Analysis 2024-2028

Published: Feb 2024

Pages: 142

SKU: IRTNTR77587

Snapshot

Germany Automotive Engine Oil Market Forecast 2024-2028

The Germany automotive engine oil market size is estimated to grow by USD 1.07 billion, at a CAGR of 5.44% between 2023 and 2028. The growth rate of the market depends on several factors such as the growing development of specialty lubricants, the expanding demand for bio-based and environmentally friendly automotive, and the increased focus on fuel efficiency. The report provides market size, historical data spanning from 2018-2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

What will be the Size of the Market During the Forecast Period?

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Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The growing development of specialty lubricants is the factor driving the market. Specialty lubricants offer enhanced protection, improved fuel efficiency, and extended service intervals, making them attractive to vehicle owners seeking optimal engine performance and longevity. The automotive industry is continually evolving, with advancements in engine technology leading to more stringent performance requirements for lubricants. Specialty lubricants are formulated to meet the demands of advanced engine designs, including turbocharged engines, direct injection systems, and hybrid powertrains, ensuring optimal lubrication and component protection.

Moreover, specialty lubricants cater to a wide range of automotive applications beyond traditional ones. Further, specialty lubricants offer superior performance and durability in these applications, ensuring reliable operation and reduced maintenance costs. Specialty lubricants with environmentally friendly formulations appeal to environmentally conscious consumers and support corporate sustainability initiatives. Thus, the growing development of specialty lubricants will boost the growth of the market during the forecast period.

Key Market Trends

Advances in the technology is the primary trend in the market. The automotive engine oil market in Germany is witnessing the increasing use of advanced technologies, leading to the development of advanced. The growing adoption of advanced fuel and lubricant technologies is helping in the development of superior for automotive applications. The prominent market players are continuously spending money on improving the efficiency of, such as by making use of advanced antioxidants, surfactants, high-pressure agents, and superior corrosion inhibitors. The regional market is witnessing the growing use of advanced bonding technology, where high-pressure lubricants formulated through the chemical treatment of hydrocarbons (paraffin-based) are used.

In addition to resistance to high temperature and pressure, they enable to have high levels of anti-corrosion characteristics. In addition to the use of bonded technology, the prominent automotive engine oil market in Germany has minimized the usage of particles such as graphite, molybdenum disulfide, and polytetrafluoroethylene resins. The lack of such particles further helps in improving the overall performance of the engine and giving cleaner emissions. Thus, such developments are expected to drive the growth of the market during the forecast period.

Major Market Challenge

Fluctuating crude oil prices is a major challenge that affects market expansion. Crude oil is a key raw material in the production. Fluctuations in crude oil prices directly impact production costs for lubricant manufacturers. When crude oil prices rise, the cost and additives used in formulation increase, leading to higher production costs for manufacturers. Hence, the price is dependent on the price and its derivatives. In 2022, the global crude oil market witnessed irregular fluctuations in average prices. According to The World Bank Group, fluctuations in the quarterly averages of crude oil were witnessed in 2022.

Moreover, the fluctuations in the prices can be seen on a monthly basis as well. For instance, the monthly average crude oil price was recorded at USD 83 per barrel in January 2022. In March 2022, the average crude oil prices were recorded at USD 112.4; thereafter, in September 2022, the average prices were USD 88.2. Such fluctuations in the prices of crude oil have led to demand uncertainty for petroleum hydrocarbons required to manufacturers. Therefore, the fluctuations in crude oil prices will impede market expansion during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ADDINOL: The company offers automotive engine oils such as 0W16, 0W20, 5W20, Engine oil 0W30, 5W30, 0W40, 5W40, 10W40, 15W50, and more.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Market?

The mineral segment is estimated to witness significant growth during the forecast period. Mineral-grade engine oils are generally more affordable than synthetic oils. This makes them an attractive option for vehicle owners who prioritize cost savings without compromising on basic protection and performance. Additionally, mineral grade provides effective lubrication to engine components, helping to reduce friction and wear. This helps extend the life of engine parts such as pistons, cylinders, and bearings, leading to improved engine longevity and reliability.

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The mineral segment was the largest segment and was valued at USD 1.22 billion in 2018. Furthermore, mineral grades typically have good cold-flow properties, enabling them to flow more easily at low temperatures. This improves cold-start performance, reduces engine wear during startup, and enhances overall engine reliability, especially in colder climates in Germany. Mineral oils often contain additives that help condition and rejuvenate engine seals, preventing leaks and maintaining seal integrity. This can help reduce oil consumption and extend the service life of engine seals, saving vehicle owners money on repairs and maintenance. Thus, such factors will boost the expansion of the mineral segment of the automotive engine oil market in Germany during the forecast period.

Segment Overview

The market report forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.

Grade Type Outlook
- Mineral
- Semi synthetic
- Fully synthetic

Type Outlook
- Diesel
- Petrol
- Alternative fuels

Application Outlook
- Passenger vehicles
- Commercial vehicles

Market Analyst Overview:

The market is robust, catering not only to cars but also to motorcycles, mopeds, and scooters. Major automotive manufacturers like Volkswagen, Audi, and BMW drive the demand for high-quality engine oils, emphasizing performance and longevity. With advancements in lubrication technology, extended drain intervals are becoming more common, aligning with the evolving needs of consumers and the growing electric vehicles segment. Despite the shift towards electrification, traditional vehicles still dominate the vehicle fleet, ensuring a steady production output for engine oils. The German automotive engine oils market remains competitive, with a focus on innovation and sustainability to meet stringent regulations and consumer preferences.

Germany Automotive Engine Oil Market Scope
Report Coverage	Details
Page number	142
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 5.44%
Market Growth 2024-2028	USD 1.07 billion
Market structure	Fragmented
YoY growth 2023-2024(%)	4.53
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	ADDINOL, AS Automotive GmbH and Co. KG, AVISTA OIL Deutschland GmbH, Boost Oil, BP Plc, Chevron Corp., Drivol , EUROLUB GmbH, Exxon Mobil Corp., FUCHS PETROLUB SE, GERMAN GOLD, LIQUI MOLY GmbH, MITAN Mineralol GmbH, MOTUL SA, MVG Mathe Gleitstofftechnik GmbH, Ravensberger Schmierstoffvertrieb GmbH, ROWE MINERALOLWERK GMBH, Shell plc, TotalEnergies SE, and UAB SCT Lubricants
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
Precise estimation of the market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming market growth and trends and changes in consumer behavior
Growth of the market industry across Germany
A thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Grade Type
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 08: Parent market
- Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 10: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 11: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 12: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 13: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 14: Chart on Germany: Year-over-year growth 2023-2028 (%)
- Exhibit 15: Data Table on Germany: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Automotive engine oil market in Germany 2018 - 2022
- Exhibit 16: Historic Market Size – Data Table on automotive engine oil market in Germany 2018 - 2022 ($ billion)

4.2 Grade Type Segment Analysis 2018 - 2022
- Exhibit 17: Historic Market Size – Grade Type Segment 2018 - 2022 ($ billion)

4.3 Type Segment Analysis 2018 - 2022
- Exhibit 18: Historic Market Size – Type Segment 2018 - 2022 ($ billion)

4.4 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 20: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 23: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 24: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 25: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Grade Type

6.1 Market segments
- Exhibit 27: Chart on Grade Type - Market share 2023-2028 (%)
- Exhibit 28: Data Table on Grade Type - Market share 2023-2028 (%)

6.2 Comparison by Grade Type
- Exhibit 29: Chart on Comparison by Grade Type
- Exhibit 30: Data Table on Comparison by Grade Type

6.3 Mineral - Market size and forecast 2023-2028
- Exhibit 31: Chart on Mineral - Market size and forecast 2023-2028 ($ billion)
- Exhibit 32: Data Table on Mineral - Market size and forecast 2023-2028 ($ billion)
- Exhibit 33: Chart on Mineral - Year-over-year growth 2023-2028 (%)
- Exhibit 34: Data Table on Mineral - Year-over-year growth 2023-2028 (%)

6.4 Semi synthetic - Market size and forecast 2023-2028
- Exhibit 35: Chart on Semi synthetic - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Data Table on Semi synthetic - Market size and forecast 2023-2028 ($ billion)
- Exhibit 37: Chart on Semi synthetic - Year-over-year growth 2023-2028 (%)
- Exhibit 38: Data Table on Semi synthetic - Year-over-year growth 2023-2028 (%)

6.5 Fully synthetic - Market size and forecast 2023-2028
- Exhibit 39: Chart on Fully synthetic - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Data Table on Fully synthetic - Market size and forecast 2023-2028 ($ billion)
- Exhibit 41: Chart on Fully synthetic - Year-over-year growth 2023-2028 (%)
- Exhibit 42: Data Table on Fully synthetic - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by Grade Type
- Exhibit 43: Market opportunity by Grade Type ($ billion)
- Exhibit 44: Data Table on Market opportunity by Grade Type ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 45: Chart on Type - Market share 2023-2028 (%)
- Exhibit 46: Data Table on Type - Market share 2023-2028 (%)

7.2 Comparison by Type
- Exhibit 47: Chart on Comparison by Type
- Exhibit 48: Data Table on Comparison by Type

7.3 Diesel - Market size and forecast 2023-2028
- Exhibit 49: Chart on Diesel - Market size and forecast 2023-2028 ($ billion)
- Exhibit 50: Data Table on Diesel - Market size and forecast 2023-2028 ($ billion)
- Exhibit 51: Chart on Diesel - Year-over-year growth 2023-2028 (%)
- Exhibit 52: Data Table on Diesel - Year-over-year growth 2023-2028 (%)

7.4 Petrol - Market size and forecast 2023-2028
- Exhibit 53: Chart on Petrol - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Data Table on Petrol - Market size and forecast 2023-2028 ($ billion)
- Exhibit 55: Chart on Petrol - Year-over-year growth 2023-2028 (%)
- Exhibit 56: Data Table on Petrol - Year-over-year growth 2023-2028 (%)

7.5 Alternative fuels - Market size and forecast 2023-2028
- Exhibit 57: Chart on Alternative fuels - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Data Table on Alternative fuels - Market size and forecast 2023-2028 ($ billion)
- Exhibit 59: Chart on Alternative fuels - Year-over-year growth 2023-2028 (%)
- Exhibit 60: Data Table on Alternative fuels - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by Type
- Exhibit 61: Market opportunity by Type ($ billion)
- Exhibit 62: Data Table on Market opportunity by Type ($ billion)

8 Market Segmentation by Application

8.1 Market segments
- Exhibit 63: Chart on Application - Market share 2023-2028 (%)
- Exhibit 64: Data Table on Application - Market share 2023-2028 (%)

8.2 Comparison by Application
- Exhibit 65: Chart on Comparison by Application
- Exhibit 66: Data Table on Comparison by Application

8.3 Passenger vehicles - Market size and forecast 2023-2028
- Exhibit 67: Chart on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on Passenger vehicles - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on Passenger vehicles - Year-over-year growth 2023-2028 (%)

8.4 Commercial vehicles - Market size and forecast 2023-2028
- Exhibit 71: Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)

8.5 Market opportunity by Application
- Exhibit 75: Market opportunity by Application ($ billion)
- Exhibit 76: Data Table on Market opportunity by Application ($ billion)

9 Customer Landscape

9.1 Customer landscape overview
- Exhibit 77: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 78: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 79: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 80: Overview on factors of disruption

11.4 Industry risks
- Exhibit 81: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 82: Vendors covered

12.2 Market positioning of vendors
- Exhibit 83: Matrix on vendor position and classification

12.3 ADDINOL
- Exhibit 84: ADDINOL - Overview
- Exhibit 85: ADDINOL - Product / Service
- Exhibit 86: ADDINOL - Key offerings

12.4 AS Automotive GmbH and Co. KG
- Exhibit 87: AS Automotive GmbH and Co. KG - Overview
- Exhibit 88: AS Automotive GmbH and Co. KG - Product / Service
- Exhibit 89: AS Automotive GmbH and Co. KG - Key offerings

12.5 BP Plc
- Exhibit 90: BP Plc - Overview
- Exhibit 91: BP Plc - Business segments
- Exhibit 92: BP Plc - Key news
- Exhibit 93: BP Plc - Key offerings
- Exhibit 94: BP Plc - Segment focus

12.6 Chevron Corp.
- Exhibit 95: Chevron Corp. - Overview
- Exhibit 96: Chevron Corp. - Business segments
- Exhibit 97: Chevron Corp. - Key news
- Exhibit 98: Chevron Corp. - Key offerings
- Exhibit 99: Chevron Corp. - Segment focus

12.7 EUROLUB GmbH
- Exhibit 100: EUROLUB GmbH - Overview
- Exhibit 101: EUROLUB GmbH - Product / Service
- Exhibit 102: EUROLUB GmbH - Key offerings

12.8 Exxon Mobil Corp.
- Exhibit 103: Exxon Mobil Corp. - Overview
- Exhibit 104: Exxon Mobil Corp. - Business segments
- Exhibit 105: Exxon Mobil Corp. - Key news
- Exhibit 106: Exxon Mobil Corp. - Key offerings
- Exhibit 107: Exxon Mobil Corp. - Segment focus

12.9 FUCHS PETROLUB SE
- Exhibit 108: FUCHS PETROLUB SE - Overview
- Exhibit 109: FUCHS PETROLUB SE - Business segments
- Exhibit 110: FUCHS PETROLUB SE - Key news
- Exhibit 111: FUCHS PETROLUB SE - Key offerings
- Exhibit 112: FUCHS PETROLUB SE - Segment focus

12.10 GERMAN GOLD
- Exhibit 113: GERMAN GOLD - Overview
- Exhibit 114: GERMAN GOLD - Product / Service
- Exhibit 115: GERMAN GOLD - Key offerings

12.11 LIQUI MOLY GmbH
- Exhibit 116: LIQUI MOLY GmbH - Overview
- Exhibit 117: LIQUI MOLY GmbH - Product / Service
- Exhibit 118: LIQUI MOLY GmbH - Key offerings

12.12 MOTUL SA
- Exhibit 119: MOTUL SA - Overview
- Exhibit 120: MOTUL SA - Product / Service
- Exhibit 121: MOTUL SA - Key offerings

12.13 Ravensberger Schmierstoffvertrieb GmbH
- Exhibit 122: Ravensberger Schmierstoffvertrieb GmbH - Overview
- Exhibit 123: Ravensberger Schmierstoffvertrieb GmbH - Product / Service
- Exhibit 124: Ravensberger Schmierstoffvertrieb GmbH - Key offerings

12.14 ROWE MINERALOLWERK GMBH
- Exhibit 125: ROWE MINERALOLWERK GMBH - Overview
- Exhibit 126: ROWE MINERALOLWERK GMBH - Product / Service
- Exhibit 127: ROWE MINERALOLWERK GMBH - Key offerings

12.15 Shell plc
- Exhibit 128: Shell plc - Overview
- Exhibit 129: Shell plc - Business segments
- Exhibit 130: Shell plc - Key offerings
- Exhibit 131: Shell plc - Segment focus

12.16 TotalEnergies SE
- Exhibit 132: TotalEnergies SE - Overview
- Exhibit 133: TotalEnergies SE - Business segments
- Exhibit 134: TotalEnergies SE - Key news
- Exhibit 135: TotalEnergies SE - Key offerings
- Exhibit 136: TotalEnergies SE - Segment focus

12.17 UAB SCT Lubricants
- Exhibit 137: UAB SCT Lubricants - Overview
- Exhibit 138: UAB SCT Lubricants - Product / Service
- Exhibit 139: UAB SCT Lubricants - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 140: Inclusions checklist
- Exhibit 141: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 142: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 143: Research methodology
- Exhibit 144: Validation techniques employed for market sizing
- Exhibit 145: Information sources

13.5 List of abbreviations
- Exhibit 146: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

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What are the factors influencing the growth of the parent market?

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