Retail lubricants market share of the oil and gas company Eni 2014-2018

In 2018, Eni accounted for 45 percent of the Italian lubricant market. This was an increase compared to 2017, when Eni had a market share of 35.1 percent. Overall, the market share held by Eni in this sector increased by 20 percentage points between 2014 and 2018.  

Eni

Eni S.p.A. is a multinational oil and gas company headquartered in Rome. The firm is one of the leading companies worldwide in the oil and gas sector, with revenues amounting to 79.64 billion U.S. dollars and a market capitalization of 50 billion euros in 2018.  

Demand for lubricants in Italy

In Italy, the annual consumption of lubricants decreased from 650,000 tons in 2000 to 406,000 tons in 2017. Also, the demand of lubricants was expected to keep on gradually declining and to achieve an all-time low of 360 thousand tons by the end of 2040.