Europe Mineral Oil Market Size & Outlook, 2025-2030

The mineral oil market in Europe is expected to reach a projected revenue of US$ 1,615.7 million by 2030. A compound annual growth rate of 4.1% is expected of Europe mineral oil market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,275.7
Forecast, 2030 (US$M)
$1,615.7
CAGR, 2025 - 2030
4.1%
Report Coverage
Europe

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Europe mineral oil market, 2018-2030 (US$M)

Europe mineral oil market, 2018-2030 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Europe mineral oil market highlights

  • The Europe mineral oil market generated a revenue of USD 1,275.7 million in 2024.
  • The market is expected to grow at a CAGR of 4.1% from 2025 to 2030.
  • In terms of segment, white oil was the largest revenue generating grade in 2024.
  • White Oil is the most lucrative grade segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.


Europe data book summary

Market revenue in 2024USD 1,275.7 million
Market revenue in 2030USD 1,615.7 million
Growth rate4.1% (CAGR from 2025 to 2030)
Largest segmentWhite oil
Fastest growing segmentWhite Oil
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTechnical Oil, White Oil


Other key industry trends

  • In terms of revenue, Europe region accounted for 20.0% of the global mineral oil market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 4,345.4 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Mineral Oil Market Companies

Name Profile # Employees HQ Website
Seojin System View profile 11-50 Bucheon, Kyonggi-do, South Korea, Asia http://www.seojinsystem.net
Xplora View profile 101-250 Oslo, Oslo, Norway, Europe http://www.xplora.com
Petro Canada Netherlands BV View profile - The Hague, Zuid-Holland, The Netherlands, Europe https://lubricants.petro-canada.com/en-nl
Sonneborn View profile 251-500 Petrolia, Pennsylvania, United States, North America http://sonneborn.com
Renkert Oil View profile 11-50 Morgantown, West Virginia, United States, North America https://www.renkertoil.com
Sinopec Group View profile 10001+ Beijing, Beijing, China, Asia http://www.sinopecgroup.com/group/en/
British Petroleum View profile 10001+ London, England, United Kingdom, Europe https://www.bp.com
Sasol Ltd View profile 29073 50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, South Africa, 2196 https://www.sasol.com
Shell PLC View profile 100000 Shell Centre, London, United Kingdom, SE1 7NA https://www.shell.com
Exxon Mobil Corp View profile 61500 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 https://www.exxonmobil.com

Europe mineral oil market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mineral oil market will help companies and investors design strategic landscapes.


White oil was the largest segment with a revenue share of 87.87% in 2024. Horizon Databook has segmented the Europe mineral oil market based on technical oil, white oil covering the revenue growth of each sub-segment from 2018 to 2030.


Reasons to subscribe to Europe mineral oil market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Europe mineral oil market databook

  • Our clientele includes a mix of mineral oil market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe mineral oil market , including forecasts for subscribers. This continent databook contains high-level insights into Europe mineral oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Europe mineral oil market size, by country, 2018-2030 (US$M)

Europe Mineral Oil Market Outlook Share, 2024 & 2030 (US$M)

Europe mineral oil market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online