Italy Automotive Engine Oil Market Analysis
The Italy Automotive Engine Oils Market size is estimated at 157.91 million liters in 2025, and is expected to reach 171.12 million liters by 2030, at a CAGR of 1.62% during the forecast period (2025-2030).
- Largest Segment by Vehicle Type - Commercial Vehicles : The large engine sizes of commercial vehicles (CVs) result in high engine oil volumes requirements. Hence, CVs are the dominant lubricant-consuming vehicle type in Italy.
- Fastest Segment by Vehicle Type - Passenger Vehicles : The scrappage policy adopted by the Spanish government in 2020 is likely to boost the sales of new cars, thereby increasing engine oil consumption in passenger vehicles.
Italy Automotive Engine Oil Market Trends
Largest Segment By Vehicle Type : Commercial Vehicles
- In Italy, engine oils segment accounted for the major share of automotive lubricant demand of about 65.27% during 2020. However, the growth of engine oil consumption in Italy during the period was unstable due to the volatile trend in the annual mileage of passenger vehicles in Italy.
- In 2020, the COVID-19 outbreak had resulted in a massive decline in the existing vehicle fleet activity, which subsequently delayed service intervals. As a result, engine oil consumption in the country decreased by around 14.05%.
- Despite the expected recovery in sales and production in the automotive industry, the increasing penetration of electric vehicles is likely to have a marginally negative impact on engine oil consumption. Overall, engine oil consumption is expected to record a CAGR of 2.06% during 2021-2026.
Italy Automotive Engine Oil Industry Overview
The Italy Automotive Engine Oils Market is fairly consolidated, with the top five companies occupying 70.03%. The major players in this market are BP PLC (Castrol), Eni SpA, PETRONAS Lubricants International, Q8Oils and Royal Dutch Shell Plc (sorted alphabetically).
Italy Automotive Engine Oil Market Leaders
BP PLC (Castrol)
Eni SpA
PETRONAS Lubricants International
Q8Oils
Royal Dutch Shell Plc
- *Disclaimer: Major Players sorted in no particular order
Italy Automotive Engine Oil 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: FUCHS Lubricants unveiled TITAN GT1 FLEX C23 SAE 5W-30, a new high-performance engine oil for use in passenger cars and vans.
