France Passenger Vehicles Lubricants Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the France Passenger Vehicle Lubricants Market

The France Passenger Vehicles Lubricants Market is expected to grow at a CAGR of 3.03% from 122.15 million litres in 2021 to 141.78 million litres in 2026. Due to the restrictions put in place as a result of the COVID-19 outbreak in 2020, the use of passenger cars dramatically decreased in France. Compared to 2019, the industry's engine oil usage decreased by almost 20% in the same year.

Engine oils are the largest segment by product type. Because of its high volume requirements and short drain intervals, engine oil is the most popular product category. Applications involving high pressure and temperature use it.

Fastest Segment by Product Type: Transmission & Gear Oils: During the projection period, France's demand for transmission oils is anticipated to be driven by a rise in the production and sales of cars after the year 2020.

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