How big is the Qatar Lubricants Market?

The Qatar Lubricants Market size is expected to reach 57.56 million Liters in 2024 and grow at a CAGR of 2.99% to reach 61.05 million Liters by 2026. Read More

What is the current Qatar Lubricants Market size?

In 2024, the Qatar Lubricants Market size is expected to reach 57.56 million Liters. Read More

Who are the key players in Qatar Lubricants Market?

ExxonMobil Corporation, Qatar Lubricants Company (QALCO), Royal Dutch Shell PLC, TotalEnergies and Valvoline Inc. are the major companies operating in the Qatar Lubricants Market. Read More

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

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

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

In 2024, the Power Generation segment accounts for the fastest growing by end user in the Qatar Lubricants Market. Read More

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

In 2023, the Qatar Lubricants Market size was estimated at 55.84 million Liters. The report covers the Qatar Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Qatar Lubricants Market size for years: 2024, 2025 and 2026. Read More

Qatar Lubricants Market Trends

Statistics for the 2023 & 2024 Qatar Lubricants market trends, created by Mordor Intelligence™ Industry Reports. Qatar Lubricants trend report includes a market forecast to 202 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of qatar lubricants Industry

This section covers the major market trends shaping the Qatar Lubricants Market according to our research experts:

Largest Segment By End User : Automotive

In 2020, the Qatari lubricants market was dominated by the automotive industry, which accounted for around 56% of the total lubricant consumption in the country. During 2015-2019, lubricant consumption in the automotive industry increased by around 11.8%.
In 2020, COVID-19-related restrictions led to declined maintenance requirements from several industries. The major impact was observed in the metallurgy and metalworking sectors, which recorded a dip of 16.9%, followed by heavy equipment (7.9%) during the year.
Power generation is likely to be the fastest-growing end-user industry of the market studied, with a CAGR of 5.35% over the period 2021-2026, followed by automotive (2.89%). The growing capacity addition of power generation in the country is likely to drive the consumption of lubricants in the power generation industry.