China Automotive Engine Oils Market Size & Share Analysis - Industry Research Report - Growth Trends

 Automotive Engine Oils Market Research in China

According to projections, the China Automotive Engine Oils Market will grow at a CAGR of 5.04% to reach 3.94 billion litres in 2026 from its 2021 volume of 3.08 billion litres.


Passenger vehicles make up the largest segment by vehicle type: The demand for engine oil from the passenger vehicle sector is anticipated to be driven by reasons such a large active vehicle fleet, greater average travel rates, and rising SUV sales.

Passenger cars are the fastest-growing segment by vehicle type as China's social segregation regulations are increasingly loosened, leading to an increase in passenger vehicle usage and, consequently, engine oil consumption.

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