Market Size of Argentina Automotive Engine Oils Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 3.71 % |
| Market Concentration | High |
Argentina Automotive Engine Oils Market Analysis
The Argentina Automotive Engine Oils Market size is estimated at 150.32 Million Liters in 2024, and is expected to reach 161.68 Million Liters by 2026, growing at a CAGR of 3.71% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : Argentina's commercial vehicle (CV) sector consumes the most engine oil due to the high average engine oil capacity of heavy-duty trucks, pickup trucks, and buses.
- Fastest Segment by Vehicle Type - Commercial Vehicles : Argentina's CV engine oil demand is expected to rise faster than other segments, owing to the government's tax exemption announcement that would boost the CV population.
