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

 Automotive Engine Oils Market Research in Spain

The Spain Automotive Engine Oils Market is expected to grow at a CAGR of 2.15% from 124.18 million litres in 2021 to 138.11 million litres in 2026. The COVID-19 outbreak in 2020 caused social limitations that drastically decreased the use of current cars. This aspect increased the time between servicing for older vehicles, which had an impact on domestic vehicle sales and production in the nation and significantly reduced engine oil consumption.

Commercial vehicles make up the largest segment of all vehicle types in Spain due to their huge engines, which have increased engine oil consumption. As a result, CVs are the main type of vehicle in the nation to consume lubricant.

Passenger vehicles comprise the fastest segment by vehicle type. Since 2021, the increased need to travel and adherence to social distance rules are projected to increase motorbike sales, which would increase Spain's engine oil consumption.

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