Middle East Automotive Lubricants Market Size & Share Analysis - Industry Research Report - Growth Trends
Automotive Lubricants Market Analysis in the Middle East
The Middle East Automotive Lubricants Market, which had a volume of 1.40 billion litres in 2021, is anticipated to grow at a CAGR of 3.22 percent to 1.64 billion litres by 2026.
Passenger vehicles are the largest segment in the Middle East's active passenger vehicle parc. As a result, this industry's lubricant consumption makes up the greatest portion of the global lubricant market.
Fastest Segment by Vehicle Type: Motorcycles Since 2020, there has been a rise in the demand for old motorcycles in Middle Eastern nations like Iran, which is projected to drive the use of motorcycle lubricant.
Comments
Post a Comment