Poland Passenger Vehicles Lubricants Market - Size, Share, Covid-19 Impact & Forecasts Up To 2026
The Poland Passenger Vehicles Lubricants Market is at 92.52 million liters in 2021 and is projected to register a CAGR of 2.74% to reach 105.94 million liters in 2026. The lockdown implemented in response to the COVID-19 pandemic has resulted in a 22.64% drop in the sales of new passenger cars in Poland during 2019-2020. Since mid-2020, there has been a real boom for used cars in Poland, primarily due to the unavailability of new vehicles owing to closure of factories. Low prices of second-hand cars and favourable fuel prices during the pandemic are the other factors driving the passenger cars population growth during 2020-2021.
Key HighlightsThe Poland Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 86.46%. The major players in this market are BP PLC (Castrol), FUCHS, LOTOS OIL, PKN ORLEN (ORLEN oil) and TotalEnergies (sorted alphabetically).
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook