Market Size of Iran Automotive Lubricants Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 2.31 % |
| Market Concentration | High |
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Iran Automotive Lubricants Market Analysis
The Iran Automotive Lubricants Market size is estimated at 561.03 Million Liters in 2024, and is expected to reach 587.29 Million Liters by 2026, growing at a CAGR of 2.31% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : Iran operates a large active diesel passenger vehicle parc. As a result, this sector's lubricant consumption accounts for the largest's share of the overall lubricant market.
- Fastest Segment by Vehicle Type - Motorcycles : Post the rebound in economic and business activity, the increasing sales and presence of used motorcycles are expected to boost the demand for motorcycle lubricants in Iran.
- Largest Segment by Product Type - Engine Oils : Engine oils form the leading product type due to their high volume requirements and shorter drain intervals. They are used in high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Transmission Oils : In Iran, the demand for transmission oils is likely grow steadily in future due to the growing adoption of automatic transmissions in passenger and commercial vehicles.
