Spain Automotive Lubricants Market Analysis
The Spain Automotive Lubricants Market size is estimated at 192.53 million liters in 2025, and is expected to reach 212.05 million liters by 2030, at a CAGR of 1.95% during the forecast period (2025-2030).
- Largest Segment by Vehicle Type - Commercial Vehicles : In Spain, the high average lubricant requirement of commercial vehicles has contributed to the highest lubricant consumption in the country's commercial vehicles sector.
- Fastest Segment by Vehicle Type - Passenger Vehicles : In Spain, the expected recovery in business activities and sales and production of Passenger vehicles is likely to drive the demand for lubricants during the forecast period.
- Largest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and low drain intervals. It is used for high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Hydraulic Fluids : In Spain, the expected recovery in the sales and production of automotive since 2021 is projected to drive the demand for hydraulic fluids during the forecast period.
Spain Automotive Lubricants Market Trends
Largest Segment By Vehicle Type : Commercial Vehicles
- In Spain, passenger vehicles accounted for the largest share of 75.57% of the total number of on-road vehicles during 2020. However, commercial vehicles recorded the largest share of 58.61% in lubricant consumption, which accounted for 13.49% of the on-road vehicles.
- COVID-19 outbreak led to social restrictions, owing to which demand for freight transportation declined. Lubricant consumption in commercial vehicles reduced to 51.30% in 2020 from 53.10% in 2019. The other factor leading to an increase in the share was a significant dip in the demand for lubricants from the passenger vehicles segment brought about by lockdowns.
- In terms of lubricant consumption, the commercial vehicles segment is expected to record the highest CAGR of 1.94% due to the new scrappage policy implemented in 2020 and an anticipated rise in the domestic sales of used and new commercial vehicles.
Spain Automotive Lubricants Industry Overview
The Spain Automotive Lubricants Market is fairly consolidated, with the top five companies occupying 71.71%. The major players in this market are BP PLC (Castrol), CEPSA, Repsol, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).
Spain Automotive Lubricants Market Leaders
BP PLC (Castrol)
CEPSA
Repsol
Royal Dutch Shell Plc
TotalEnergies
- *Disclaimer: Major Players sorted in no particular order
Spain Automotive 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: 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.
- April 2021: Texaco Lubricants introduced three new engine oils within the successful Texaco Havoline ProDS range, each with manufacturer approvals. The oils have been designed to provide enhanced wear protection even with a lubricant layer of 2 microns.
