Market Size of Bulgaria 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) | 2.57 % |
| Market Concentration | High |
Bulgaria Automotive Engine Oils Market Analysis
The Bulgaria Automotive Engine Oils Market size is estimated at 14.38 Million Liters in 2024, and is expected to reach 15.13 Million Liters by 2026, growing at a CAGR of 2.57% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : The highest engine oil consumption in the passenger vehicles sector is attributed to the large existing fleet of used passenger vehicle population in the country.
- Fastest Segment by Vehicle Type - Commercial Vehicles : The expected recovery in the sales of commercial vehicles in the country from 2021 is anticipated to boost engine oil consumption levels during the forecast period.
