United States Passenger Vehicles Lubricants Market Size

Statistics for the 2023 & 2024 United States Passenger Vehicles Lubricants market size, created by Mordor Intelligence™ Industry Reports. United States Passenger Vehicles Lubricants size report includes a market forecast to 202 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of United States Passenger Vehicles Lubricants Industry

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United States Passenger Vehicles Lubricants Market Summary
Study Period 2015 - 2026
Base Year For Estimation 2020
Forecast Data Period 2024 - 2026
Historical Data Period 2015 - 2019
CAGR (2024 - 2026) 0.98 %
Market Concentration High

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US Passenger Vehicles Lubricants Market Analysis

The United States Passenger Vehicles Lubricants Market size is estimated at 3.05 Billion Liters in 2024, and is expected to reach 3.11 Billion Liters by 2026, growing at a CAGR of 0.98% 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 low drain interval. It is used for high-temperature and high-pressure applications.
  • Fastest Segment by Product Type - Engine Oils : The gradual recovery of passenger vehicle sales in the country and increasing average miles traveled are likely to drive the demand for engine oils during the forecast period.

United States Passenger Vehicles Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026