Market Size of Uae 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) | 3.67 % |
Market Concentration | High |
UAE Automotive Engine Oils Market Analysis
The Uae Automotive Engine Oils Market size is estimated at 83.52 Million Liters in 2024, and is expected to reach 89.76 Million Liters by 2026, growing at a CAGR of 3.67% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : The passenger vehicle segment is the largest market for automotive lubricants in UAE due to the large active passenger vehicle parc, sales volumes, and usage activity.
- Fastest Segment by Vehicle Type - Commercial Vehicles : The forecasted rebound in commercial vehicle sales and usage in the country beginning in 2021 is likely to increase engine oil consumption levels over the next few years.