Market Size of Uae Automotive Lubricants Industry
Study Period | 2015 - 2026 |
Base Year For Estimation | 2020 |
Forecast Data Period | 2024 - 2026 |
Historical Data Period | 2015 - 2019 |
CAGR (2024 - 2026) | 3.72 % |
Market Concentration | High |
UAE Automotive Lubricants Market Analysis
The Uae Automotive Lubricants Market size is estimated at 90.81 Million Liters in 2024, and is expected to reach 97.69 Million Liters by 2026, growing at a CAGR of 3.72% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : UAE operates a large active passenger vehicle parc. As a result, this sector's lubricant consumption accounts for the highest share in the overall lubricant market.
- Fastest Segment by Vehicle Type - Commercial Vehicles : The resurgence in economic activity, supported by the need for engine oils for the existing fleet in UAE, is likely to drive the demand for commercial vehicle lubricants.
- Largest Segment by Product Type - Engine Oils : Engine oils form the leading product type due to their high volume requirements and shorter drain intervals. They are used in high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Greases : In UAE, the predicted rebound in automotive vehicle imports and sales beginning in 2021 is expected to increase the grease consumption at a steady rate in the coming years.