Qatar Passenger Vehicles Lubricants Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Market Volume (2024) | 13.96 Million Liters |
| Market Volume (2026) | 15.11 Million Liters |
| CAGR (2024 - 2026) | 4.04 % |
| Market Concentration | High |
Qatar Passenger Vehicles Lubricants Market Analysis
The Qatar Passenger Vehicles Lubricants Market size is estimated at 13.96 Million Liters in 2024, and is expected to reach 15.11 Million Liters by 2026, growing at a CAGR of 4.04% during the forecast period (2024-2026).
- Largest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and shorter drain intervals, as it is used in high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Greases : Recovery in the sales of new vehicles along with expected growth in the usage and sales of used imported vehicles are likely to augment the grease consumption in near future.
Qatar Passenger Vehicles Lubricants Market Trends
This section covers the major market trends shaping the Qatar Passenger Vehicles Lubricants Market according to our research experts:
Largest Segment By Product Type : Engine Oils
- In Qatar, passenger vehicles (PVs) is the second-largest vehicle type in terms of automotive lubricant consumption. During 2015-2019, the PV lubricant consumption grew with a CAGR of 4.18% primarily owing to the surge in the car popualtion of the country.
- In 2020, PVs accounted for about 39.62% of the total automotive lubricant consumption in the country. Engine oil accounted for the largest share in the PV lubricant consumption, with a share of around 76% during the year. During 2020, PV lubricants consumption declined by 8.33% due to the lower usage of the vehicle fleet post COVID-19 outbreak.
- During 2021-2026, the grease segment is likely to be the fastest-growing lubricant type at a CAGR of 5.49%. This growth is likely to be driven by rise in sales of passenger cars and recovery in average distance travelled in the country.
Qatar Passenger Vehicles Lubricants Industry Overview
The Qatar Passenger Vehicles Lubricants Market is moderately consolidated, with the top five companies occupying 54.65%. The major players in this market are ExxonMobil Corporation, Qatar Lubricants Company (QALCO), Royal Dutch Shell PLC, TotalEnergies and Valvoline Inc. (sorted alphabetically).
Qatar Passenger Vehicles 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 Passenger Vehicles Lubricants Market News
- 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.
- March 2021: Hyundai Motor Company and Royal Dutch Shell PLC announced a five-year global business cooperation agreement, with a new focus on clean energy and carbon reduction, to help Hyundai continue its transformation as a Smart Mobility Solution Provider.
- February 2021: Royal Dutch Shell PLC introduced a global portfolio of carbon-neutral lubricants for a wide range of automotive and industrial applications to control carbon emissions.
Qatar Passenger Vehicles 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 Product Type
4.1.1 Engine Oils
4.1.2 Greases
4.1.3 Hydraulic Fluids
4.1.4 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 Dana Lubricants Factory LLC
5.3.3 ENEOS Corporation
5.3.4 ExxonMobil Corporation
5.3.5 Gulf Continental Oil and Grease Factory (GulfCon)
5.3.6 Qatar Lubricants Company (QALCO)
5.3.7 Royal Dutch Shell PLC
5.3.8 TotalEnergies
5.3.9 Valvoline Inc.
5.3.10 WOQOD
6. Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Lubricants CEOs
Qatar Passenger Vehicles Lubricants Industry Segmentation
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
Qatar Passenger Vehicles Lubricants Market Research FAQs
How big is the Qatar Passenger Vehicles Lubricants Market?
The Qatar Passenger Vehicles Lubricants Market size is expected to reach 13.96 million Liters in 2024 and grow at a CAGR of 4.04% to reach 15.11 million Liters by 2026.
What is the current Qatar Passenger Vehicles Lubricants Market size?
In 2024, the Qatar Passenger Vehicles Lubricants Market size is expected to reach 13.96 million Liters.
Who are the key players in Qatar Passenger Vehicles Lubricants Market?
ExxonMobil Corporation, Qatar Lubricants Company (QALCO), Royal Dutch Shell PLC, TotalEnergies and Valvoline Inc. are the major companies operating in the Qatar Passenger Vehicles Lubricants Market.
Which segment has the biggest share in the Qatar Passenger Vehicles Lubricants Market?
In the Qatar Passenger Vehicles Lubricants Market, the Engine Oils segment accounts for the largest share by product type.
Which is the fastest growing segment in the Qatar Passenger Vehicles Lubricants Market?
In 2024, the Greases segment accounts for the fastest growing by product type in the Qatar Passenger Vehicles Lubricants Market.
What years does this Qatar Passenger Vehicles Lubricants Market cover, and what was the market size in 2023?
In 2023, the Qatar Passenger Vehicles Lubricants Market size was estimated at 13.31 million Liters. The report covers the Qatar Passenger Vehicles Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Qatar Passenger Vehicles Lubricants Market size for years: 2024, 2025 and 2026.
Qatar Passenger Vehicles Lubricants Industry Report
Statistics for the 2023 Qatar Passenger Vehicles Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Qatar Passenger Vehicles Lubricants analysis includes a market forecast outlook to 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Qatar Passenger Vehicles Lubricants Market Report Snapshots
