Uae Automotive Lubricants Market Trends

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

Market Trends of Uae Automotive Lubricants Industry

This section covers the major market trends shaping the UAE Automotive Lubricants Market according to our research experts:

Largest Segment By Vehicle Type : <span style="font-family: 'regular_bold';color:#0e7db3;">Passenger Vehicles</span>

  • In UAE, passenger vehicles (PV) accounted for the largest share of 88.24% in the total number of on-road vehicles in 2020, followed by commercial vehicles (CV) and motorcycles (MCs), with a share of 10.16% and 1.60%, respectively.
  • The PV segment accounted for the highest share of around 74.3% in total automotive lubricant consumption in 2020, followed by CV (25.5%) and MC (0.18%), respectively. In 2020, COVID-19 outbreak led to notable dip in lubricants consumption, where MC lubricant consumption recorded highest dip of 16.28%, followed by PV (12.88%) and CV (11.11%).
  • The commercial vehicles segment is projected to be the fastest-growing lubricant consumer, with a CAGR of 3.88% over the period 2021-2026. The growth is expected to be driven by recovery in the sales and average annual distance travelled by commercial vehicles in near future.
Uae Automotive Lubricants Market : Largest Segment By Vehicle Type : <span style="font-family: 'regular_bold';color:#0e7db3;">Passenger Vehicles</span>

Automotive Lubricants in UAE Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)