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Morocco Automotive Lubricants Market Size

Statistics for the 2023 & 2024 Morocco Automotive Lubricants market size, created by Mordor Intelligence™ Industry Reports. Morocco Automotive Lubricants 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 Morocco Automotive Lubricants Industry

Morocco Automotive Lubricants Market Summary
Study Period 2015 - 2026
Base Year For Estimation 2020
Forecast Data Period 2024 - 2026
Historical Data Period 2015 - 2019
CAGR (2024 - 2026) 6.01 %
Market Concentration High

Morocco Automotive Lubricants Market Analysis

The Morocco Automotive Lubricants Market size is estimated at 95.67 Million Liters in 2024, and is expected to reach 107.52 Million Liters by 2026, growing at a CAGR of 6.01% during the forecast period (2024-2026).

  • Largest Segment by Vehicle Type - Passenger Vehicles : Passenger vehicles in Morocco consume more than half of automotive lubricants, as the country has over 3 million units of PVs with a high engine oil change frequency.
  • Fastest Segment by Vehicle Type - Motorcycles : Morocco is expected to have the fastest increase in demand for motorcycle lubricants, owing to a strong rebound in low-cost motorcycle sales and increased travel rates.
  • Largest Segment by Product Type - Engine Oils : Engine oil is the most often used product type in Moroccan vehicles, as it is used in higher quantities and replenished more frequently than other product categories.
  • Fastest Segment by Product Type - Greases : Greases are expected to be the fastest-growing segment in the Moroccan automotive industry, as other segments are hampering due to rising synthetic lubricant adoption.

Morocco Automotive Lubricants Market Size & Share Analysis - Growth Trends & Forecasts Up To 2026