Colombia Passenger Vehicles Lubricants Market Size

Statistics for the 2023 & 2024 Colombia Passenger Vehicles Lubricants market size, created by Mordor Intelligence™ Industry Reports. Colombia 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 Colombia Passenger Vehicles Lubricants Industry

market snapshot grapgh
Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 27.08 Million Liters
Market Volume (2026) 29.90 Million Liters
CAGR (2024 - 2026) 5.08 %
Market Concentration High

Colombia Passenger Vehicles Lubricants Market Analysis

The Colombia Passenger Vehicles Lubricants Market size is estimated at 27.08 Million Liters in 2024, and is expected to reach 29.90 Million Liters by 2026, growing at a CAGR of 5.08% during the forecast period (2024-2026).

  • Largest Segment by Product Type - Engine Oils : Engine oil is the most popular product in Colombian SUVs and Sedans as it is consumed in large quantities and replaced more frequently than other product categories.
  • Fastest Segment by Product Type - Transmission & Gear Oils : Transmission oil consumption is expected to expand faster than other product types in Colombia due to the growing penetration of automatic cars and electric vehicles.

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