Saudi Arabia Automotive Lubricants Market Size

Statistics for the 2023 & 2024 Saudi Arabia Automotive Lubricants market size, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Automotive Lubricants 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 Saudi Arabia Automotive Lubricants Industry

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Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 399.93 Million Liters
Market Volume (2026) 419.03 Million Liters
CAGR (2024 - 2026) 2.36 %
Market Concentration High
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Saudi Arabia Automotive Lubricants Market Analysis

The Saudi Arabia Automotive Lubricants Market size is estimated at 399.93 Million Liters in 2024, and is expected to reach 419.03 Million Liters by 2026, growing at a CAGR of 2.36% during the forecast period (2024-2026).

  • Largest Segment by Vehicle Type - Passenger Vehicles : Saudi Arabia's commercial vehicle industry has the largest lubricant consumption owing to the country' high average lubricant requirements and the presence of older trucks.
  • Fastest Segment by Vehicle Type - Motorcycles : Post the rebound in economic and business activity, the rising sales and usage of motorcycles are expected to boost the demand for motorcycle lubricants in Saudi Arabia.
  • 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 - Transmission & Gear Oils : In Saudi Arabia, the demand for transmission oilsis likely grow in the future due to the growing adoption of automatic transmissions in passenger and commercial vehicles.

Saudi Arabia Automotive Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026