Market Size of Iran 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) | 2.22 % |
| Market Concentration | High |
Iran Automotive Engine Oils Market Analysis
The Iran Automotive Engine Oils Market size is estimated at 522.45 Million Liters in 2024, and is expected to reach 545.92 Million Liters by 2026, growing at a CAGR of 2.22% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : The passenger vehicle segment is the largest market for automotive engine oils in Iran due to the large active passenger vehicle parc, sales volumes, and usage activity.
- Fastest Segment by Vehicle Type - Motorcycles : Following the COVID-19 outbreak, there has been a dramatic increase in used motorcycle sales in Iran, which is likely drive engine oil consumption in the next few years.
