How big is the Morocco Lubricants Market?

The Morocco Lubricants Market size is expected to reach 139.51 million Liters in 2024 and grow at a CAGR of 4.93% to reach 153.61 million Liters by 2026. Read More

What is the current Morocco Lubricants Market size?

In 2024, the Morocco Lubricants Market size is expected to reach 139.51 million Liters. Read More

Who are the key players in Morocco Lubricants Market?

Afriquia, OLA Energy, Petrom, Royal Dutch Shell PLC and TotalEnergies are the major companies operating in the Morocco Lubricants Market. Read More

Which segment has the biggest share in the Morocco Lubricants Market?

In the Morocco Lubricants Market, the Automotive segment accounts for the largest share by end user. Read More

Which is the fastest growing segment in the Morocco Lubricants Market?

In 2024, the Automotive segment accounts for the fastest growing by end user in the Morocco Lubricants Market. Read More

What years does this Morocco Lubricants Market cover, and what was the market size in 2023?

In 2023, the Morocco Lubricants Market size was estimated at 132.82 million Liters. The report covers the Morocco Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Morocco Lubricants Market size for years: 2024, 2025 and 2026. Read More

Morocco Lubricants Market Size

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

	Study Period	2015 - 2026
	Market Volume (2024)	139.51 Million Liters
	Market Volume (2026)	153.61 Million Liters
	Largest Share by End User	Automotive
	CAGR (2024 - 2026)	4.93 %
	Fastest Growing by End User	Automotive
Major Players

*Disclaimer: Major Players sorted in no particular order

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Morocco Lubricants Market Analysis

The Morocco Lubricants Market size is estimated at 139.51 Million Liters in 2024, and is expected to reach 153.61 Million Liters by 2026, growing at a CAGR of 4.93% during the forecast period (2024-2026).

Largest Segment by End-user Industry - Automotive : Automotive was the largest end-user among all categories due to the huge volume of engine and gear oils used in motor vehicles compared to any other industrial application.
Fastest Segment by End-user Industry - Automotive : Power generation will be Morocco's fastest-growing end-user due to increased demand for energy from wind turbines and steep drops in wind turbines' installation costs.
Largest Segment by Product Type - Engine Oils : Engine oil is the largest consumed product category in Morocco due to the differing engine sizes of cars, motorcycles, trucks, and buses and high oil changing frequencies.
Fastest Segment by Product Type - Transmission & Gear Oils : As Morocco expects an increase in the outputs of industrial production and electric cars, transmission and gear oils may grow at a faster rate than other product types.