Italy Passenger Vehicles Lubricants Market Analysis
The Italy Passenger Vehicles Lubricants Market size is estimated at 117.63 million liters in 2025, and is expected to reach 139.44 million liters by 2030, at a CAGR of 3.46% during the forecast period (2025-2030).
- 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 - Transmission & Gear Oils : In Italy, the increase in the usage and production of passenger vehicles, post 2020, is likely to drive their demand for transmission oils during the forecast period.
Italy Passenger Vehicles Lubricants Market Trends
Largest Segment By Product Type : Engine Oils
- During 2015-2019, lubricant consumption volume in passenger vehicles in Italy experienced volatile growth rates. Although passenger vehicle population during this period witnessed a consistent increase, the production output was unstable, which in turn caused fluctuations in the demand for lubricants.
- In 2020, post the COVID-19 outbreak, the usage of passenger cars in the country significantly dropped, subsequently affecting the service and lubricant change requirements for a considerable period. As a result, lubricant consumption dropped by around 19.08% compared to 2019.
- Though passenger vehicle sales in the country have been showing healthy recovery from the end of 2020, production uncertainties and resurgence of COVID-19-related concerns are estimated to impact lubricant demand in 2021. This demand is projected to bounce back from 2022.
Italy Passenger Vehicles Lubricants Industry Overview
The Italy Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 87.28%. The major players in this market are BP PLC (Castrol), Eni SpA, PETRONAS Lubricants International, Q8Oils and Royal Dutch Shell Plc (sorted alphabetically).
Italy Passenger Vehicles Lubricants Market Leaders
BP PLC (Castrol)
Eni SpA
PETRONAS Lubricants International
Q8Oils
Royal Dutch Shell Plc
- *Disclaimer: Major Players sorted in no particular order
Italy Passenger Vehicles Lubricants Market News
- 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.
- April 2021: Motul launched two engine oils, namely CLASSIC EIGHTIES 10W-40 and CLASSIC NINETIES 10W-30, for classic cars manufactured between the 1970s and 2000s.
- March 2021: Castrol announced the launch of Castrol ON (a Castrol e-fluid range that includes e-gear oils, e-coolants, and e-greases) to its product portfolio. This range is specially designed for electric vehicles.
