Norway Passenger Vehicles Lubricants Market Size

Statistics for the 2023 & 2024 Norway Passenger Vehicles Lubricants market size, created by Mordor Intelligence™ Industry Reports. Norway Passenger Vehicles 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 Norway Passenger Vehicles Lubricants Industry

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Norway Passenger Vehicles 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) -0.62 %
Market Concentration High

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Norway Passenger Vehicles Lubricants Market Analysis

The Norway Passenger Vehicles Lubricants Market size is estimated at 8.85 Million Liters in 2024, and is expected decline to 8.74 Million Liters by 2026.

  • Largest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and shorter drain intervals, as it is used for high-temperature and high-pressure applications.
  • Fastest Segment by Product Type - Transmission & Gear Oils : Growing electric vehicle sales and increasing automatic transmissions in the country are likely to drive the demand for transmission oils during the forecast period.

Norway Passenger Vehicles Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026