Qatar Automotive Engine Oils Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 25.02 Million Liters |
| Market Volume (2026) | 26.31 Million Liters |
| CAGR (2024 - 2026) | 2.55 % |
| Market Concentration | High |
Qatar Automotive Engine Oils Market Analysis
The Qatar Automotive Engine Oils Market size is estimated at 25.02 Million Liters in 2024, and is expected to reach 26.31 Million Liters by 2026, growing at a CAGR of 2.55% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : The average engine oil capacity of heavy-duty trucks and buses was high, resulting in the commercial vehicle (CV) sector consuming the highest engine oil in Qatar.
- Fastest Segment by Vehicle Type - Motorcycles : Following the COVID-19 outbreak, there has been a dramatic increase in used motorcycle sales in Qatar, which could drive engine oil consumption in the motorcycle market.
Qatar Automotive Engine Oils Market Trends
This section covers the major market trends shaping the Qatar Automotive Engine Oils Market according to our research experts:
Largest Segment By Vehicle Type : Commercial Vehicles
- In Qatar, engine oils accounted for about 77% of automotive lubricants in 2020. During 2015-2019, engine oil consumption increased at a CAGR of 2.4%. The growing active vehicle fleet and increasing service needs in the country were the key drivers for this trend.
- In 2020, the COVID-19 outbreak led to a massive decline in the usage rate of the existing vehicle fleets in the country, which led to a 8.16% dip in engine oil consumption. Passenger Vehicles (PV) segment recorded the largest decline of 8.54% in engine oil consumption during the year.
- During 2021-2026, the motorcycles segment is expected to register highest growth of about 9.3% in the engine oil consumption, followed by PV segment (4.06%). The growth is likely to be driven by increasing demand for mopeds and motorcycles in the country over the next five years.
Qatar Automotive Engine Oils Industry Overview
The Qatar Automotive Engine Oils Market is moderately consolidated, with the top five companies occupying 50.23%. The major players in this market are ExxonMobil Corporation, Qatar Lubricants Company (QALCO), Royal Dutch Shell PLC, TotalEnergies and Valvoline Inc. (sorted alphabetically).
Qatar Automotive Engine Oils Market Leaders
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ExxonMobil Corporation
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Qatar Lubricants Company (QALCO)
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Royal Dutch Shell PLC
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TotalEnergies
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Valvoline Inc.
*Disclaimer: Major Players sorted in no particular order
Qatar Automotive Engine Oils Market News
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
- October 2021: Valvoline and Cummins extended their long-standing marketing and technology collaboration agreement for another five years. Cummins will endorse and promote Valvoline's Premium Blue engine oil for its heavy-duty diesel engines and generators and will distribute Valvoline products through its global distribution networks.
- March 2021: Castrol announced the launch of Castrol ON (a Castrol e-fluid range that includes e-gear oils, e-coolants, and e-greases) to its product portfolio. This range is specially designed for electric vehicles.
Qatar Automotive Engine Oils Market Report - Table of Contents
1. Executive Summary & Key Findings
2. Introduction
2.1 Study Assumptions & Market Definition
2.2 Scope of the Study
2.3 Research Methodology
3. Key Industry Trends
3.1 Automotive Industry Trends
3.2 Regulatory Framework
3.3 Value Chain & Distribution Channel Analysis
4. Market Segmentation
4.1 By Vehicle Type
4.1.1 Commercial Vehicles
4.1.2 Motorcycles
4.1.3 Passenger Vehicles
4.2 By Product Grade
5. Competitive Landscape
5.1 Key Strategic Moves
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 BP PLC (Castrol)
5.3.2 Chevron Corporation
5.3.3 Dana Lubricants Factory LLC
5.3.4 ExxonMobil Corporation
5.3.5 Gulf Continental Oil and Grease Factory (GulfCon)
5.3.6 Lucas Oil Products, Inc.
5.3.7 Qatar Lubricants Company (QALCO)
5.3.8 Royal Dutch Shell PLC
5.3.9 TotalEnergies
5.3.10 Valvoline Inc.
6. Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Lubricants CEOs
Qatar Automotive Engine Oils Industry Segmentation
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
Qatar Automotive Engine Oils Market Research FAQs
How big is the Qatar Automotive Engine Oils Market?
The Qatar Automotive Engine Oils Market size is expected to reach 25.02 million Liters in 2024 and grow at a CAGR of 2.55% to reach 26.31 million Liters by 2026.
What is the current Qatar Automotive Engine Oils Market size?
In 2024, the Qatar Automotive Engine Oils Market size is expected to reach 25.02 million Liters.
Who are the key players in Qatar Automotive Engine Oils Market?
ExxonMobil Corporation, Qatar Lubricants Company (QALCO), Royal Dutch Shell PLC, TotalEnergies and Valvoline Inc. are the major companies operating in the Qatar Automotive Engine Oils Market.
Which segment has the biggest share in the Qatar Automotive Engine Oils Market?
In the Qatar Automotive Engine Oils Market, the Commercial Vehicles segment accounts for the largest share by vehicle type.
Which is the fastest growing segment in the Qatar Automotive Engine Oils Market?
In 2024, the Motorcycles segment accounts for the fastest growing by vehicle type in the Qatar Automotive Engine Oils Market.
What years does this Qatar Automotive Engine Oils Market cover, and what was the market size in 2023?
In 2023, the Qatar Automotive Engine Oils Market size was estimated at 24.35 million Liters. The report covers the Qatar Automotive Engine Oils Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Qatar Automotive Engine Oils Market size for years: 2024, 2025 and 2026.
Qatar Automotive Engine Oils Industry Report
Statistics for the 2024 Qatar Automotive Engine Oils market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Qatar Automotive Engine Oils analysis includes a market forecast outlook to 2026 and historical overview. Get a sample of this industry analysis as a free report PDF download.
