Poland Automotive Engine Oils Market - Size, Share, Covid-19 Impact & Forecasts Up To 2026

Poland Automotive Engine Oils Market - Size, Share, Covid-19 Impact & Forecasts Up To 2026

The Poland Automotive Engine Oils Market is at 101.84 million liters in 2021 and is projected to register a CAGR of 3.21% to reach 119.26 million liters in 2026. Economic and social disruptions caused by the pandemic have directly impacted the demand for engine oils. In 2020, engine oil consumption dropped drastically by over 15% due to a decrease in transportation and automotive maintenance activities in the country.

Key Highlights

• Largest Segment by Vehicle Type - Passenger Vehicles : The highest proportion of active passenger vehicle population in Poland resulted in the highest engine oil consumption level in the country's passenger vehicles sector.
• Fastest Segment by Vehicle Type - Commercial Vehicles : In Poland, the expected recovery in the production and sales of commercial vehicles since 2021 is likely to boost engine oil consumption levels during the forecast period.

Key Market TrendsLargest Segment By Vehicle Type : Passenger Vehicles

• In Poland, automotive engine oil consumption rose at a CAGR of 4.33% during 2015-2019, owing to the growing population of passenger and commercial vehicles. However, their growth rate has been decreasing since 2016 due to emerging engine technologies and declining average volumes of engine oils used in motor vehicles.
• The demand for engine oils was directly affected by the economic and social disruptions caused by the pandemic. In 2020, the consumption of engine oils dropped drastically by 13.84% due to a decrease in transportation and automotive maintenance activities in the country.
• The consumption of engine oils is expected to increase at a CAGR of 3.21% during 2021-2026. The implementation of a tight scrappage policy in the country is one of the driving factors that can increase vehicle population and increase the consumption of engine oils.

Competitive Landscape

The Poland Automotive Engine Oils Market is fairly consolidated, with the top five companies occupying 82.57%. The major players in this market are BP PLC (Castrol), FUCHS, LOTOS OIL, PKN ORLEN (ORLEN oil) and TotalEnergies (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned
 
BP PLC (Castrol)
ExxonMobil Corporation
FUCHS
LIQUI MOLY
LOTOS OIL
Modex Oil
Motul
PKN ORLEN (ORLEN oil)
Royal Dutch Shell Plc
TotalEnergies

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