Europe Industrial Lubricants Market Size, Share, Trends, & Industry Analysis Report By Base Oil Type, By Application, By End User, and By Region

Description

List of Tables

The europe industrial lubricants market size is expected to reach USD 26.93 Billion by 2034, according to a new study by Polaris Market Research. The report "Europe Industrial Lubricants Market Share, Size, Trends, Industry Analysis Report: By Base Oil Type, By Application, By End User, and By Country; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The demand for industrial lubricants in Europe is growing due to their critical role in enhancing equipment performance, reducing friction and supporting preventive maintenance across industries such as automotive, manufacturing, energy and construction. Industrial lubricants include engine oils, hydraulic fluids, metalworking fluids, gear oils and process oils that ensure machinery reliability, energy efficiency and extended equipment lifespan.

Market growth is driven by rising manufacturing output, expansion of the automotive industry, and the shift toward high-performance lubricants that support modern machinery requirements. Additionally, increasing adoption of synthetic lubricants, stricter environmental regulations, and advancements in formulation technologies are fueling demand across end-use sectors.

Europe Industrial Lubricants Market Report Highlights

Based on base oil, the mineral oils segment dominated the market in 2024, driven by wide availability, cost-effectiveness, and strong compatibility with conventional machinery.

In terms of application, the metalworking fluids segment dominated the Europe industrial lubricants market in 2024, driven by high usage in machining and cutting operations across the automotive and manufacturing sectors.

Based on end users, manufacturing held the largest share in 2024, fueled by its strong industrial base and modernization of production lines.

Germany accounted for the largest share in 2024, driven by strong industrial output, preventive maintenance culture and presence of leading automotive and manufacturing hubs.

The UK is projected to witness the fastest CAGR through 2034, driven by rising adoption of sustainable lubricants and expansion of its automotive and industrial equipment sectors.

A few global key market players include Shell plc, BP p.l.c., Exxon Mobil Corporation, TotalEnergies SE, Chevron Corporation, FUCHS SE, PETRONAS Lubricants International Sdn Bhd, Idemitsu Kosan Co., Ltd., Phillips 66 Company, Enilive S.p.A., Gazpromneft-Lubricants Ltd., and Quaker Chemical Corporation.

Polaris Market Research has segmented the market report on the basis of base oil type, application, end user, and region:

By Base Oil Type Outlook (Revenue, USD Billion, 2020-2034)

Mineral Oils

Synthetic Oils

Bio-Based Oils

Recycled Oils Source

By Application Outlook (Revenue, USD Billion, 2020-2034)

Metalworking Fluids

Hydraulic Fluids

General Europe Industrial Lubricants

Process Oils

Gear Oils

By End User Outlook (Revenue, USD Billion, 2020-2034)

Manufacturing

Automotive

Aerospace

Energy

Construction

By Country Outlook (Revenue, USD Billion, 2020-2034)

Germany

France

Italy

Spain

Netherlands

Russia

Rest of Europe

Product Code: PM6287

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Europe Industrial Lubricants Market Insights

4.1. Industrial Lubricants Market - Market Snapshot
4.2. Industrial Lubricants Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Growth in automotive and heavy machinery manufacturing across Europe
  - 4.2.1.2. Stringent EU environmental regulations accelerating the shift toward sustainable formulations
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Costs of Advanced Synthetic Lubricants Coupled with Raw Material Price Fluctuations
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Industrial Lubricants Market Trends
4.6. Value Chain Analysis

5. Europe Industrial Lubricants Market, by Base Oil Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Europe Industrial Lubricants Market, by Base Oil Type, 2020-2034 (USD Billion)
5.3. Mineral Oils
- 5.3.1. Europe Industrial Lubricants Market, by Mineral Oils, by Region, 2020-2034 (USD Billion)
5.4. Synthetic Oils
- 5.4.1. Europe Industrial Lubricants Market, by Synthetic Oils, by Region, 2020-2034 (USD Billion)
5.5. Bio-Based Oils
- 5.5.1. Europe Industrial Lubricants Market, by Bio-Based Oils, by Region, 2020-2034 (USD Billion)
5.6. Recycled Oils Source
- 5.6.1. Europe Industrial Lubricants Market, by Recycled Oils Source, by Region, 2020-2034 (USD Billion)

6. Europe Industrial Lubricants Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Europe Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
6.3. Metalworking Fluids
- 6.3.1. Europe Industrial Lubricants Market, by Metalworking Fluids, by Region, 2020-2034 (USD Billion)
6.4. Hydraulic Fluids
- 6.4.1. Europe Industrial Lubricants Market, by Hydraulic Fluids, by Region, 2020-2034 (USD Billion)
6.5. General Industrial Lubricants
- 6.5.1. Europe Industrial Lubricants Market, by General Industrial Lubricants, by Region, 2020-2034 (USD Billion)
6.6. Process Oils
- 6.6.1. Europe Industrial Lubricants Market, by Process Oils, by Region, 2020-2034 (USD Billion)
6.7. Gear Oils
- 6.7.1. Europe Industrial Lubricants Market, by Gear Oils, by Region, 2020-2034 (USD Billion)

7. Europe Industrial Lubricants Market, by End User

7.1. Key Findings
7.2. Introduction
- 7.2.1. Europe Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)
7.3. Manufacturing
- 7.3.1. Europe Industrial Lubricants Market, by Manufacturing, by Region, 2020-2034 (USD Billion)
7.4. Automotive
- 7.4.1. Europe Industrial Lubricants Market, by Automotive, by Region, 2020-2034 (USD Billion)
7.5. Aerospace
- 7.5.1. Europe Industrial Lubricants Market, by Aerospace, by Region, 2020-2034 (USD Billion)
7.6. Energy
- 7.6.1. Europe Industrial Lubricants Market, by Energy, by Region, 2020-2034 (USD Billion)
7.7. Construction
- 7.7.1. Europe Industrial Lubricants Market, by Construction, by Region, 2020-2034 (USD Billion)

8. Europe Industrial Lubricants Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Industrial Lubricants Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. Industrial Lubricants Market - Europe
- 8.3.1. Europe: Industrial Lubricants Market, by Base Oil Type, 2020-2034 (USD Billion)
- 8.3.2. Europe: Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
- 8.3.3. Europe: Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)
- 8.3.4. Industrial Lubricants Market - UK
  - 8.3.4.1. UK: Industrial Lubricants Market, by Base Oil Type, 2020-2034 (USD Billion)
  - 8.3.4.2. UK: Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
  - 8.3.4.3. UK: Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)
- 8.3.5. Industrial Lubricants Market - France
  - 8.3.5.1. France: Industrial Lubricants Market, by Base Oil Type, 2020-2034 (USD Billion)
  - 8.3.5.2. France: Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
  - 8.3.5.3. France: Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)
- 8.3.6. Industrial Lubricants Market - Germany
  - 8.3.6.1. Germany: Industrial Lubricants Market, by Base Oil Type, 2020-2034 (USD Billion)
  - 8.3.6.2. Germany: Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
  - 8.3.6.3. Germany: Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)
- 8.3.7. Industrial Lubricants Market - Italy
  - 8.3.7.1. Italy: Industrial Lubricants Market, by Base Oil Type, 2020-2034 (USD Billion)
  - 8.3.7.2. Italy: Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
  - 8.3.7.3. Italy: Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)
- 8.3.8. Industrial Lubricants Market - Spain
  - 8.3.8.1. Spain: Industrial Lubricants Market, by Base Oil Type, 2020-2034 (USD Billion)
  - 8.3.8.2. Spain: Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
  - 8.3.8.3. Spain: Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)
- 8.3.9. Industrial Lubricants Market - Netherlands
  - 8.3.9.1. Netherlands: Industrial Lubricants Market, by Base Oil Type, 2020-2034 (USD Billion)
  - 8.3.9.2. Netherlands: Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
  - 8.3.9.3. Netherlands: Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)
- 8.3.10. Industrial Lubricants Market - Russia
  - 8.3.10.1. Russia: Industrial Lubricants Market, by Base Oil Type, 2020-2034 (USD Billion)
  - 8.3.10.2. Russia: Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
  - 8.3.10.3. Russia: Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)
- 8.3.11. Industrial Lubricants Market - Rest of Europe
  - 8.3.11.1. Rest of Europe: Industrial Lubricants Market, by Base Oil Type, 2020-2034 (USD Billion)
  - 8.3.11.2. Rest of Europe: Industrial Lubricants Market, by Application, 2020-2034 (USD Billion)
  - 8.3.11.3. Rest of Europe: Industrial Lubricants Market, by End User, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. BP p.l.c.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Chevron Corporation
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Enilive S.p.A.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Exxon Mobil Corporation
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. FUCHS SE
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Gazpromneft-Lubricants Ltd.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Idemitsu Kosan Co., Ltd.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. PETRONAS Lubricants International Sdn Bhd
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Phillips 66 Company
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Quaker Chemical Corporation
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. Shell plc
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
10.12. TotalEnergies SE
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development