Market Size of Qatar Passenger Vehicles Lubricants Industry
Study Period | 2015 - 2026 |
Base Year For Estimation | 2020 |
Forecast Data Period | 2024 - 2026 |
Historical Data Period | 2015 - 2019 |
CAGR (2024 - 2026) | 4.04 % |
Market Concentration | High |
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Qatar Passenger Vehicles Lubricants Market Analysis
The Qatar Passenger Vehicles Lubricants Market size is estimated at 13.96 Million Liters in 2024, and is expected to reach 15.11 Million Liters by 2026, growing at a CAGR of 4.04% during the forecast period (2024-2026).
- 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 in high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Greases : Recovery in the sales of new vehicles along with expected growth in the usage and sales of used imported vehicles are likely to augment the grease consumption in near future.