Bulgaria Passenger Vehicles Lubricants Market Size

Statistics for the 2023 & 2024 Bulgaria Passenger Vehicles Lubricants market size, created by Mordor Intelligence™ Industry Reports. Bulgaria Passenger Vehicles Lubricants size report includes a market forecast to 202 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Bulgaria Passenger Vehicles Lubricants Industry

market snapshot grapgh
Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 12.54 Million Liters
Market Volume (2026) 13.15 Million Liters
CAGR (2024 - 2026) 2.40 %
Market Concentration High

Bulgaria Passenger Vehicles Lubricants Market Analysis

The Bulgaria Passenger Vehicles Lubricants Market size is estimated at 12.54 Million Liters in 2024, and is expected to reach 13.15 Million Liters by 2026, growing at a CAGR of 2.40% during the forecast period (2024-2026).

  • Largest Segment by Product Type - Engine Oils : Engine oils form the leading product type due to their high volume requirements and short drain intervals, as they are used in high-temperature and high-pressure applications.
  • Fastest Segment by Product Type - Hydraulic Fluids : In Bulgaria, the expected recovery in the imports, sales, and usage of used cars since 2021 is likely to drive the demand for hydraulic fluids during the forecast period.

Bulgaria Passenger Vehicles Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026