Qatar Automotive Lubricants Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 32.75 Million Liters |
| Market Volume (2026) | 34.68 Million Liters |
| CAGR (2024 - 2026) | 2.90 % |
| Market Concentration | High |
Qatar Automotive Lubricants Market Analysis
The Qatar Automotive Lubricants Market size is estimated at 32.75 Million Liters in 2024, and is expected to reach 34.68 Million Liters by 2026, growing at a CAGR of 2.9% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : The country's commercial vehicle industry has the largest lubricant consumption owing to higher average lubricant volumes, and increasing average travel rates over the years.
- Fastest Segment by Vehicle Type - Motorcycles : Following the recovery in economic and business activity, increased motorcycle sales and presence are predicted to increase demand for motorcycle lubricants in Qatar.
- Largest Segment by Product Type - Engine Oils : Engine oils form the leading product type due to their high volume requirements and shorter drain intervals. They are used in high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Greases : In Qatar, the predicted rebound in automotive vehicle imports and sales beginning in 2021 is expected to consumption of greases at a healthy rate in near future.
Qatar Automotive Lubricants Market Trends
This section covers the major market trends shaping the Qatar Automotive Lubricants Market according to our research experts:
Largest Segment By Vehicle Type : Commercial Vehicles
- In Qatar, passenger vehicles (PV) accounted for the largest share of 69.78% in the total number of on-road vehicles in 2020, followed by commercial vehicles (CV) and motorcycles (MC), with a share of 28.35% and 1.87%, respectively.
- The CV segment accounted for the highest share of around 60% in the total automotive lubricant consumption in 2020, followed by PV (39.62%) and MC (0.08%), respectively. In 2020, COVID-19 outbreak led to notable dip in lubricants consumption, where CV lubricant consumption recorded highest dip of 8.33%, followed by PV (7.67%). Conversely, the motorcycle lubricants segment witnessed a growth of almost 5% in 2020.
- The motorcycle segment is projected to be the fastest-growing lubricant consumer, exhibiting a CAGR of 9.44% over the period 2021-2026. The growth is expected to be driven by the growing demand for high-end sports bikes and imported used bikes.
Qatar Automotive Lubricants Industry Overview
The Qatar Automotive Lubricants Market is moderately consolidated, with the top five companies occupying 52.32%. 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 Lubricants 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 Lubricants 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 Lubricants 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 Type
4.2.1 Engine Oils
4.2.2 Greases
4.2.3 Hydraulic Fluids
4.2.4 Transmission & Gear Oils
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 ENEOS Corporation
5.3.5 ExxonMobil Corporation
5.3.6 Gulf Continental Oil and Grease Factory (GulfCon)
5.3.7 Indian Oil Corporation Limited
5.3.8 Lucas Oil Products, Inc.
5.3.9 Qatar Lubricants Company (QALCO)
5.3.10 Royal Dutch Shell PLC
5.3.11 TotalEnergies
5.3.12 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 Lubricants Industry Segmentation
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
Qatar Automotive Lubricants Market Research FAQs
How big is the Qatar Automotive Lubricants Market?
The Qatar Automotive Lubricants Market size is expected to reach 32.75 million Liters in 2024 and grow at a CAGR of 2.9% to reach 34.68 million Liters by 2026.
What is the current Qatar Automotive Lubricants Market size?
In 2024, the Qatar Automotive Lubricants Market size is expected to reach 32.75 million Liters.
Who are the key players in Qatar Automotive Lubricants Market?
ExxonMobil Corporation, Qatar Lubricants Company (QALCO), Royal Dutch Shell PLC, TotalEnergies and Valvoline Inc. are the major companies operating in the Qatar Automotive Lubricants Market.
Which segment has the biggest share in the Qatar Automotive Lubricants Market?
In the Qatar Automotive Lubricants Market, the Commercial Vehicles segment accounts for the largest share by vehicle type.
Which is the fastest growing segment in the Qatar Automotive Lubricants Market?
In 2024, the Motorcycles segment accounts for the fastest growing by vehicle type in the Qatar Automotive Lubricants Market.
What years does this Qatar Automotive Lubricants Market cover, and what was the market size in 2023?
In 2023, the Qatar Automotive Lubricants Market size was estimated at 31.76 million Liters. The report covers the Qatar Automotive Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Qatar Automotive Lubricants Market size for years: 2024, 2025 and 2026.
Qatar Automotive Lubricants Industry Report
Statistics for the 2024 Qatar Automotive Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Qatar Automotive Lubricants analysis includes a market forecast outlook 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.
