Market Size of Morocco Automotive Lubricants Industry
Study Period | 2015 - 2026 |
Base Year For Estimation | 2020 |
Market Volume (2024) | 95.67 Million Liters |
Market Volume (2026) | 107.52 Million Liters |
CAGR (2024 - 2026) | 6.01 % |
Market Concentration | High |
Morocco Automotive Lubricants Market Analysis
The Morocco Automotive Lubricants Market size is estimated at 95.67 Million Liters in 2024, and is expected to reach 107.52 Million Liters by 2026, growing at a CAGR of 6.01% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : Passenger vehicles in Morocco consume more than half of automotive lubricants, as the country has over 3 million units of PVs with a high engine oil change frequency.
- Fastest Segment by Vehicle Type - Motorcycles : Morocco is expected to have the fastest increase in demand for motorcycle lubricants, owing to a strong rebound in low-cost motorcycle sales and increased travel rates.
- Largest Segment by Product Type - Engine Oils : Engine oil is the most often used product type in Moroccan vehicles, as it is used in higher quantities and replenished more frequently than other product categories.
- Fastest Segment by Product Type - Greases : Greases are expected to be the fastest-growing segment in the Moroccan automotive industry, as other segments are hampering due to rising synthetic lubricant adoption.