Russia Automotive Engine Oils Market Size

Statistics for the 2023 & 2024 Russia Automotive Engine Oils market size, created by Mordor Intelligence™ Industry Reports. Russia Automotive Engine Oils size report includes a market forecast to 202 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Russia Automotive Engine Oils Industry

market snapshot grapgh
Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 470.22 Million Liters
Market Volume (2026) 476.50 Million Liters
CAGR (2024 - 2026) 0.67 %
Market Concentration High

Russia Automotive Engine Oils Market Analysis

The Russia Automotive Engine Oils Market size is estimated at 470.22 Million Liters in 2024, and is expected to reach 476.5 Million Liters by 2026, growing at a CAGR of 0.67% during the forecast period (2024-2026).

  • Largest Segment by Vehicle Type - Commercial Vehicles : The highest engine oil consumption in the commercial vehicles sector of the country is attributed to the high engine oil requirements for commercial vehicles in Russia.
  • Fastest Segment by Vehicle Type - Passenger Vehicles : The expected recovery of the production and sales of passenger vehicles in Russia from 2021 is anticipated to boost the engine oil consumption during the forecast period.

Russia Automotive Engine Oils Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026