Market Size of Saudi Arabia 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) | 2.16 % |
| Market Concentration | High |
Saudi Arabia Automotive Engine Oils Market Analysis
The Saudi Arabia Automotive Engine Oils Market size is estimated at 351.45 Million Liters in 2024, and is expected to reach 366.77 Million Liters by 2026, growing at a CAGR of 2.16% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : The average engine oil capacity of heavy-duty trucks and buses was higher, resulting in the commercial vehicle sector dominating the engine oil consumption in Saudi Arabia.
- Fastest Segment by Vehicle Type - Motorcycles : Following the COVID-19 outbreak, there has been a dramatic increase in used motorcycle sales in Saudi Arabia, in turn driving engine oil consumption in the motorcycle market.
