Market Size of qatar lubricants Industry
| Icons | Lable | Value |
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Study Period | 2015 - 2026 |
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Market Volume (2024) | 57.56 Million Liters |
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Market Volume (2026) | 61.05 Million Liters |
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Largest Share by End User | Automotive |
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CAGR (2024 - 2026) | 2.99 % |
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Fastest Growing by End User | Power Generation |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Qatar Lubricants Market Analysis
The Qatar Lubricants Market size is estimated at 57.56 Million Liters in 2024, and is expected to reach 61.05 Million Liters by 2026, growing at a CAGR of 2.99% during the forecast period (2024-2026).
- Largest Segment by End-user Industry - Automotive : Automotive was the largest end-user segment in the UAE due to the large presence of high-end vehicles and SUVs and higher oil replacement cycles compared to other segments.
- Fastest Segment by End-user Industry - Power Generation : Due to the increasing use of natural gas reactors and wind turbines for energy generation, power generation is projected to be the fastest-growing end user in Qatar.
- Largest Segment by Product Type - Engine Oils : Engine oil is the most consumed product type in Qatar due to the high volume of engine oil and high replacement frequencies required to lubricate car and truck engines.
- Fastest Segment by Product Type - Greases : Grease is required for the smooth operation of industrial machinery, and with the country's manufacturing industry growing, grease consumption is likely to rise even faster.
