India Automotive Engine Oils Market Size

Statistics for the 2023 & 2024 India Automotive Engine Oils market size, created by Mordor Intelligence™ Industry Reports. India Automotive Engine Oils 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 India Automotive Engine Oils Industry

market snapshot grapgh
Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 1.42 Billion Liters
Market Volume (2026) 1.58 Billion Liters
CAGR (2024 - 2026) 5.48 %
Market Concentration High

India Automotive Engine Oils Market Analysis

The India Automotive Engine Oils Market size is estimated at 1.42 Billion Liters in 2024, and is expected to reach 1.58 Billion Liters by 2026, growing at a CAGR of 5.48% during the forecast period (2024-2026).

  • Largest Segment by Vehicle Type - Motorcycles : Increasing servicing frequencies and high motorcycle population and usage rates in India are the primary reasons for the motorcycle segment's high engine oil consumption.
  • Fastest Segment by Vehicle Type - Motorcycles : The anticipated robust rebound in motorcycle production and the sales in India in 2021 are expected to boost motorcycle engine oil consumption over the forecast period.

India Automotive Engine Oils Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026