Market Size of Qatar Automotive Engine Oils Industry
Study Period | 2015 - 2026 |
Base Year For Estimation | 2020 |
Forecast Data Period | 2024 - 2026 |
Historical Data Period | 2015 - 2019 |
CAGR (2024 - 2026) | 2.55 % |
Market Concentration | High |
Qatar Automotive Engine Oils Market Analysis
The Qatar Automotive Engine Oils Market size is estimated at 25.02 Million Liters in 2024, and is expected to reach 26.31 Million Liters by 2026, growing at a CAGR of 2.55% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : The average engine oil capacity of heavy-duty trucks and buses was high, resulting in the commercial vehicle (CV) sector consuming the highest engine oil in Qatar.
- Fastest Segment by Vehicle Type - Motorcycles : Following the COVID-19 outbreak, there has been a dramatic increase in used motorcycle sales in Qatar, which could drive engine oil consumption in the motorcycle market.