Market Size of Saudi Arabia 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) | 3.16 % |
| Market Concentration | High |
Saudi Arabia Passenger Vehicles Lubricants Market Analysis
The Saudi Arabia Passenger Vehicles Lubricants Market size is estimated at 212.44 Million Liters in 2024, and is expected to reach 226.08 Million Liters by 2026, growing at a CAGR of 3.16% 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 - Transmission Oils : The expected recovery of passenger car sales in Saudi Arabia from 2021 is likely to drive the demand for transmission oils in the country over the next few years.
