Italy Commercial Vehicles Lubricants Market

Italy Commercial Vehicles Lubricants Market Analysis

The Italy Commercial Vehicles Lubricants Market size is estimated at 126.38 million liters in 2025, and is expected to reach 132.50 million liters by 2030, at a CAGR of 0.95% 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 sales of commercial vehicles, post 2020, is likely to drive their demand for transmission oils during the forecast period.

Italy Commercial Vehicles Lubricants Market Trends

Largest Segment By Product Type : Engine Oils

• Post 2016, lubricant consumption for commercial vehicles in Italy has been declining consistently. This trend was primarily due to declining sales and production of commercial vehicles in the country before 2020.
• Post the COVID-19 outbreak, freight transportation in the country was negatively affected due to the social restrictions imposed as a result of the pandemic during the first half of 2020. Consequently, lubricant consumption in commercial vehicles in the country decreased by 8.32%.
• The average age of commercial vehicles in Italy is significantly higher compared to vehicles in other European countries. Hence, the growing need to phase out older vehicles and the increasing demand for synthetic lubricants are expected to drive the CV lubricants market at a moderate CAGR of 1.64% between 2021-2026.

Italy Commercial Vehicles Lubricants Industry Overview

The Italy Commercial Vehicles Lubricants Market is moderately consolidated, with the top five companies occupying 58.79%. The major players in this market are BP PLC (Castrol), Eni SpA, PETRONAS Lubricants International, Q8Oils and Royal Dutch Shell Plc (sorted alphabetically).

Italy Commercial Vehicles Lubricants Market Leaders

Italy Commercial Vehicles 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.
• 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.
• March 2021: Hyundai Motor Company and Royal Dutch Shell PLC announced a five-year global business cooperation agreement, with a new focus on clean energy and carbon reduction, to help Hyundai continue its transformation as a Smart Mobility Solution Provider.