Summary
Gain insights into the Netherlands lubricants market, size at USD 2,263.03 million, featuring market size, demand forecast, automotive trends, and leading players.
Market Overview
Netherlands Lubricants Market Overview
The Netherlands lubricants market was valued at USD 1,879.5 million in 2017 and expanded to USD 2,263.03 million by 2022, reflecting a steady increase in demand over the period. In revenue terms, lubricant consumption has shown consistent growth, primarily driven by fluctuations in base oil prices and a rise in the average selling and retail prices of lubricants, which have collectively influenced the pricing of finished lubricant products across the country. High-tech and complex manufacturing remains a strategic priority for the Dutch government, with increasing investments in industrial automation across sectors such as automotive manufacturing, warehousing, and semiconductors. These industries are emerging as key users of hydraulic systems and industrial fluids, strengthening demand for specialized lubricants. Looking ahead, the Netherlands lubricants market is projected to reach USD 2,660.36 million by 2027, growing at a CAGR of 3.29%. In the coming years, industrial lubricants are expected to generate greater growth opportunities for manufacturers, prompting dealers and distributors to shift their focus toward offering a broader and more diversified portfolio of industrial lubricant products.
Netherlands Lubricants Market Definition
Netherlands Automotive & Industrial Lubricant: The revenues for automotive & Industrial lubricants market in Netherlands have been computed by the summation of revenues generated through domestic sales of automotive lubricants (Synthetic, Semi-Synthetic and Mineral). The sales have been recorded at retailer price. Lubricants typically contains 90% base oils (petroleum-mineral oils) and less than 10% additives.
Type of Industrial Lubricants: Hydraulic Oils, Industrial Greases, Metal Working Fluids, Industrial Gear Oils, Turbine Oils, Compressor Oils, and Others.
Automotive Lubricant End Users: Passenger Cars (Passenger Car, MPV, 4WD/SUV & Window Van), Commercial Vehicles (Pick-ups, Trucks, Prime Movers, Bus & Panel Vans), Motorcycles, Marine and others.
Mineral Lubricant: This includes all naturally occurring oils, used for automotive and industrial purposes and provides the least protection to engine components.
Synthetic Lubricants: This includes well refined oils which are blended with different additives to obtain the required characteristics for using them in automotive and industrial segments.
Semi-Synthetic Lubricants: This consists of lubes that are an amalgamation of both mineral and synthetic oils, having both automotive and industrial applications.
Hydraulic Oils: A hydraulic fluid or hydraulic liquid is the medium by which power is transferred in hydraulic machinery. Common hydraulic fluids are based on mineral oil or water.
Greases: Automatic transmission fluid is a type of detergent oil that helps remove debris. It is also hydraulic oil that is a lot thinner than gear oil and flows much faster.
Dealers and Distributors: Lubricant dealers and distributors include entities which perform import/export of lube oils and also sell them to other small and large retailers within country. They house both branded and non-branded products.
Direct Sales and Dealer Network: Direct sales of lubricant occur when the manufacturer sells products directly to the end-user/company without any involvement of dealers and distributors whereas; dealer-led sales refer to the sale of lube via manufacturer’s exclusive dealers and distributors located in different regions of the country.
Taxonomy
Netherlands Lubricants Market Ecosystem
Netherlands Lubricants Market Size (Revenue in USD Mn), 2017-2022
The Netherlands lubricants market was valued at USD 1,879.5 million in 2017 and grew to USD 2,263.03 million by 2022, reflecting an overall upward trajectory in revenue terms over the period. Demand for lubricants has shown a consistent rise, largely driven by fluctuations in base oil prices and an increase in the average selling and retail prices of lubricants, which in turn influenced the pricing of finished lubricant products across the country. However, the market witnessed a temporary slowdown in 2020, when the growth rate declined sharply from 4.61% to –1.24%, primarily due to reduced industrial activity, supply chain disruptions, and the broader economic recession. In parallel, the evolving automotive landscape in the Netherlands, marked by a gradual shift toward electric mobility, has led to a decline in lubricant consumption in volume terms. Despite these challenges, factors such as continued industrial advancements and rising demand for environmentally friendly lubricants are expected to support future growth of the lubricants market in the country.
Netherlands Lubricants Market Analysis
Netherlands Lubricants Market Segmentation, 2022
Netherlands Lubricants Market Segmentation By Type, (By Volume, in %), 2022
Based on the type of lubricants, the Netherlands lubricants market is segmented into automotive and industrial lubricants. The automotive lubricants segment accounts for the larger share of the market, contributing approximately 54% of overall revenue, while industrial lubricants represent the remaining 46%. During the period 2017–2022, demand trends across these segments diverged significantly, with industrial lubricants recording growth of 2.26%, whereas automotive lubricants witnessed a decline of 3.26%. The contraction in the automotive segment can be attributed to the gradual impact of the electric vehicle revolution in the Netherlands, which has reduced lubricant consumption volumes. In contrast, sustained and optimistic investments in the industrial sector—particularly across manufacturing, renewable energy, and food processing industries—have been driving the growing demand for industrial lubricants in the country.
Netherlands Lubricants Market Segmentation, by Grade, (By Volume, in %), 2022
Based on the grade of lubricants, the Netherlands lubricants market is segmented into mineral, semi-synthetic, and synthetic lubricants. Mineral lubricants dominate the market with a share of 83.6%, followed by semi-synthetic lubricants at 10.2% and synthetic lubricants at 6.2%. The strong demand for mineral lubricants is primarily driven by their price affordability and extensive usage in the industrial sector, where bulk purchasing is common, leading most lubricant manufacturers to continue focusing on mineral oil–based products. In contrast, the customer base for semi-synthetic lubricants remains relatively limited, largely due to the lower grades offered by some manufacturers. Nevertheless, semi-synthetic lubricants provide a better viscosity index and improved performance compared to mineral oils, while still maintaining price advantages over fully synthetic lubricants. Meanwhile, the growing adoption of advanced industrial machinery operating under high temperatures and pressures has increased the power output per liter of lubricating oil. Synthetic lubricants, by enabling longer change intervals for machines and engines, reduce overall oil consumption over time. As a result, the market is gradually transitioning toward synthetic lubricants, particularly across the automotive and transport sectors, as well as in the aircraft, shipping, agriculture, and construction industries.
Netherlands Lubricants Future Market Size
The Netherlands lubricants market was valued at USD 2,263.03 million in 2022 and is projected to reach USD 2,660.36 million by 2027, growing at a CAGR of 3.29%. The Dutch government’s increasing focus on sustainability, supported by strict regulations across key industries such as automotive, energy, packaging, industrial manufacturing, and construction, is expected to reduce demand for traditional lubricant products. At the same time, the lubricant industry is steadily transitioning toward more sustainable blends, including synthetic and semi-synthetic lubricants, which require higher levels of technical sophistication and specialized, application-specific formulations. As a result, the retail prices of lubricants are anticipated to rise gradually over the forecast period, even as the market continues to expand in value terms.
Netherlands Lubricants Market Macroeconomic Indicators
In 2018, the population of Netherlands was at 17.28 million. Post that, the population of Netherlands steadily increased to reach 17.61 million in 2023.
In 2022, the number of rural & urban residents has been at 93% and 7% respectively, of the overall population.
Netherlands Gross Domestic Product (GDP) increased from $833.4 Bn in 2017 to $1010.2 Bn in 2022. Corresponding to the same, the inflation rate increased from 1.4% in 2017 to 10% in 2022.
Frequently Asked Questions
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