Spain Automotive Engine Oils Market Size

Statistics for the 2023 & 2024 Spain Automotive Engine Oils market size, created by Mordor Intelligence™ Industry Reports. Spain 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 Spain Automotive Engine Oils Industry

market snapshot grapgh
Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 132.55 Million Liters
Market Volume (2026) 138.11 Million Liters
CAGR (2024 - 2026) 2.08 %
Market Concentration High

Spain Automotive Engine Oils Market Analysis

The Spain Automotive Engine Oils Market size is estimated at 132.55 Million Liters in 2024, and is expected to reach 138.11 Million Liters by 2026, growing at a CAGR of 2.08% during the forecast period (2024-2026).

  • Largest Segment by Vehicle Type - Commercial Vehicles : In Spain, the large engine sizes of commercial vehicles (CV)s have led to higher engine oil volumes. Thus, CVs form the major lubricant-consuming vehicle type in the country.
  • Fastest Segment by Vehicle Type - Passenger Vehicles : The increasing need to travel, adhering to social distancing norms, is likely to boost motorcycle sales since 2021, in turn, boosting engine oil consumption in Spain.

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