Saudi Arabia Lubricants Market Size

Statistics for the 2023 & 2024 Saudi Arabia Lubricants market size, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Lubricants size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

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Market Size of saudi arabia lubricants Industry

Saudi Arabia Lubricants Market Summary
svg icon Study Period 2015 - 2026
svg icon Market Volume (2024) 567.26 Million Liters
svg icon Market Volume (2026) 598.92 Million Liters
svg icon Largest Share by End User Automotive
svg icon CAGR (2024 - 2026) 2.75 %
svg icon Fastest Growing by End User Power Generation

Major Players

Saudi Arabia Lubricants Market Major Players Saudi Arabia Lubricants Market Major Players Saudi Arabia Lubricants Market Major Players Saudi Arabia Lubricants Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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Saudi Arabia Lubricants Market Analysis

The Saudi Arabia Lubricants Market size is estimated at 567.26 Million Liters in 2024, and is expected to reach 598.92 Million Liters by 2026, growing at a CAGR of 2.75% during the forecast period (2024-2026).

  • Largest Segment by End-user Industry - Automotive : Among all end-user segments, automotive was the largest end user due to the high proportion of SUVs and higher lubricant drain intervals compared to other end-user segments.
  • Fastest Segment by End-user Industry - Power Generation : Power generation is likely to be the fastest-growing end-user industry in Saudi Arabia due to the rising usage of natural gas reactors and wind turbines for energy generation.
  • Largest Segment by Product Type - Engine Oils : Engine oil is the largest consumed product category in Saudi Arabia due to a large number of active cars, motorcycles, and trucks and high oil-changing frequencies.
  • Fastest Segment by Product Type - Transmission & Gear Oils : Transmission and gear oils are expected to grow rapidly than other product types as Saudi Arabia expects a rise in the use of industrial machinery and automatic vehicles.

Saudi Arabia Lubricants Market Report Snapshots

Saudi Arabia Lubricants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)