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Norway Automotive Engine Oils Market Size

Statistics for the 2023 & 2024 Norway Automotive Engine Oils market size, created by Mordor Intelligence™ Industry Reports. Norway Automotive Engine Oils 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 Norway Automotive Engine Oils Industry

Norway Automotive Engine Oils Market Summary
Study Period 2015 - 2026
Base Year For Estimation 2020
Forecast Data Period 2024 - 2026
Historical Data Period 2015 - 2019
CAGR (2024 - 2026) -0.67 %
Market Concentration High

Norway Automotive Engine Oils Market Analysis

The Norway Automotive Engine Oils Market size is estimated at 14.20 Million Liters in 2024, and is expected decline to 14.01 Million Liters by 2026.

  • Largest Segment by Vehicle Type - Commercial Vehicles : The highest engine oil demand from the commercial vehicles sector in Norway is attributed to the high average volume of engine oil changes and cycles for commercial vehicles.
  • Fastest Segment by Vehicle Type - Commercial Vehicles : The expected recovery of production and sales of commercial vehicles in Norway from 2021 is likely to boost the engine oil consumption during the forecast period.

Norway Automotive Engine Oils Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026