Saudi Arabia Passenger Vehicles Lubricants Market Size

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

market snapshot grapgh
Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 212.44 Million Liters
Market Volume (2026) 226.08 Million Liters
CAGR (2024 - 2026) 3.16 %
Market Concentration High

Saudi Arabia Passenger Vehicles Lubricants Market Analysis

The Saudi Arabia Passenger Vehicles Lubricants Market size is estimated at 212.44 Million Liters in 2024, and is expected to reach 226.08 Million Liters by 2026, growing at a CAGR of 3.16% 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 - Transmission Oils : The expected recovery of passenger car sales in Saudi Arabia from 2021 is likely to drive the demand for transmission oils in the country over the next few years.

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