Saudi Arabia Automotive Lubricant Market to be dominated by Passenger Cars through 2029
Rising vehicle ownership and infrastructure development are driving demand for automotive lubricants. Technological advancements in lubricant formulations focus on efficiency and longer service intervals. Growing awareness of vehicle maintenance is further boosting the preference for high-performance lubricants during 2025-2029.
According to TechSci Research report, “Saudi Arabia Automotive Lubricant Market- Industry Size, Share, Trends, Opportunity, and Forecast, By Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheeler), By Demand Type (OEM, Aftermarket), By Lubricant Type (Engine Oil, Transmission Oil, Hydraulic Fluids, Greases, Others), By Region, By Competition, , 2019-2029F”. The Saudi
Arabia Automotive Lubricant Market was valued at USD 729 Million in 2023 and is
expected to reach USD 1322.37 Million by 2029 with a CAGR of 10.54% during the
forecast period. The Saudi Arabian automotive lubricant market is driven by the country's expanding vehicle fleet, rising disposable incomes, and increasing demand for vehicle maintenance. As the automotive industry continues to grow, both in terms of vehicle ownership and the number of commercial fleets, the need for high-quality lubricants to enhance engine performance and longevity is also rising. The growing focus on vehicle maintenance and repair, spurred by a rise in consumer awareness, further fuels the demand for automotive lubricants. Moreover, the shift towards more fuel-efficient and environmentally friendly vehicles also encourages innovations in lubricant formulations.
Technological advancements are key in shaping the automotive lubricant market in Saudi Arabia. The shift toward synthetic oils, which offer longer intervals between oil changes and better performance under extreme temperatures, is expected to become a significant trend. With stricter environmental regulations and an increasing focus on sustainability, automotive lubricants with higher fuel efficiency and lower environmental impact are in demand. As electric vehicle adoption increases, lubricants designed specifically for electric motors and hybrid systems are also becoming a key area of growth. The rising importance of high-performance oils that can withstand various weather conditions, especially in the hot climate of Saudi Arabia, is another driving factor.
Despite the positive growth trends, challenges such as fluctuations in raw material prices and the rising competition from cheaper, unbranded products in the market present hurdles. The fluctuating prices of base oils and additives impact the overall cost structure of lubricants. Additionally, the preference for traditional mineral oils over synthetic variants in some segments limits market growth opportunities. However, as consumers become more aware of the long-term benefits of premium lubricants, the market is expected to see continued innovation and growth, with a focus on improving the quality and performance of lubricants for both conventional and electric vehicles.
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The Saudi Arabia automotive lubricant market is
segmented by application into engine oil, transmission oil, hydraulic fluids,
greases, and others. Engine oil plays a crucial role in reducing friction,
cleaning, and cooling the engine, thereby enhancing its performance and
longevity. The demand for high-quality engine oils has risen with the
increasing focus on engine efficiency and the adoption of advanced automotive
technologies. Modern engines require lubricants that offer better fuel
efficiency and prolonged protection under high-performance conditions, driving
the demand for advanced synthetic and semi-synthetic oils.
Transmission oil is essential for maintaining
smooth gear transitions and overall performance in manual and automatic
transmissions. As the automotive sector in Saudi Arabia continues to grow, the
demand for transmission oil remains steady, with consumers seeking oils that
ensure seamless operation and reduce wear and tear. The introduction of newer
vehicle models with more advanced transmission systems has increased the need
for specialized transmission oils tailored to these technologies. Hydraulic fluids are critical in vehicles with
hydraulic systems, such as brakes and power steering. The demand for
high-quality hydraulic fluids is tied to the overall growth of the automotive
industry, as well as increasing safety standards and performance requirements
for these systems. The fluids are designed to maintain high pressure and resist
temperature fluctuations, ensuring optimal performance even in challenging
driving conditions.
Greases are used to lubricate components that
require long-lasting protection against wear, corrosion, and contamination.
These greases are commonly applied in wheel bearings, suspension systems, and
other vehicle parts exposed to high pressure and extreme conditions. With the
growing number of vehicles on the road and the rising demand for durable,
reliable lubricants, greases continue to play a vital role in the automotive
lubrication market. Other lubricant applications, such as brake fluids,
cooling fluids, and axle oils, are also gaining traction as the automotive
industry develops. As new automotive technologies emerge, the range of
lubricant applications expands to meet specific needs, further driving market
growth.
In 2023, Jeddah emerged as
one of the fastest-growing regions in the Saudi Arabia automotive lubricant
market, driven by its status as a major commercial and industrial hub. The
city’s thriving automotive sector, coupled with an increasing number of vehicles
on the road, has significantly boosted the demand for high-quality lubricants.
As Jeddah’s automotive market continues to expand, consumers are becoming more
conscious of vehicle maintenance and the importance of using premium lubricants
to ensure optimal engine performance and longevity.
The growing presence of
automotive service centers and workshops in Jeddah is further contributing to
the increased demand for automotive lubricants. These service centers offer a
wide range of lubricant products catering to different types of vehicles, from
passenger cars to commercial vehicles. The city’s strategic location as a port
city also plays a role in the efficient distribution of lubricants, enhancing
the availability and accessibility of products for local consumers.
Jeddah’s increasing number
of luxury and high-performance vehicles has further amplified the demand for
advanced lubricants, particularly synthetic and semi-synthetic oils. These
lubricants provide superior engine protection, better fuel efficiency, and improved
performance, aligning with the preferences of vehicle owners in the region. As
consumer awareness of the benefits of high-quality lubricants rises, the market
in Jeddah is expected to continue expanding, fueled by both technological
advancements and the growing automotive aftermarket industry.
Major market players operating in Saudi
Arabia automotive lubricant market are:
- Petromin
Corporation
- PETRONAS
Lubricants International
- BP
p.l.c. (Castrol)
- AMSOIL
Inc.
- TotalEnergies
SE
- Shell
plc
- Repsol
S.A.
- FUCHS
SE
- Eni
S.p.A
- Exxon
Mobil Corporation
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“The Saudi Arabia Automotive lubricant market
is growing due to rising vehicle ownership, increased demand for high-quality
lubricants, and a growing automotive service industry. Consumers prioritize
engine performance, fuel efficiency, and longevity, driving the demand for
premium lubricants. Despite challenges like raw material price fluctuations,
innovations in lubricant technology and expanding service centers are expected
to sustain market growth. The shift towards synthetic and semi-synthetic oils
will further support market expansion” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based global management
consulting firm.
"Saudi Arabia Automotive Lubricant Market- Industry Size, Share, Trends, Opportunity, and Forecast, By Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheeler), By Demand Type (OEM, Aftermarket), By Lubricant Type (Engine Oil, Transmission Oil, Hydraulic Fluids, Greases, Others), By Region, By Competition, 2019- 2029F”, evaluates
the future growth potential of Saudi Arabia Automotive Lubricant market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision-makers make sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Saudi Arabia Automotive Lubricant market.
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