Saudi Arabia Automotive Engine Oils Market Analysis
The Saudi Arabia Automotive Engine Oils Market size is estimated at 359.04 million liters in 2025, and is expected to reach 399.53 million liters by 2030, at a CAGR of 2.16% during the forecast period (2025-2030).
- Largest Segment by Vehicle Type - Passenger Vehicles : The average engine oil capacity of heavy-duty trucks and buses was higher, resulting in the commercial vehicle sector dominating the engine oil consumption in Saudi Arabia.
- Fastest Segment by Vehicle Type - Motorcycles : Following the COVID-19 outbreak, there has been a dramatic increase in used motorcycle sales in Saudi Arabia, in turn driving engine oil consumption in the motorcycle market.
Saudi Arabia Automotive Engine Oils Market Trends
Largest Segment By Vehicle Type : Passenger Vehicles
- In Saudi, engine oils accounted for about 88.6% of automotive lubricants in 2020. During 2015-2019, engine oil consumption increased at a CAGR of around 2.5%. The growing active vehicle fleet in the country was the key driver for this trend.
- In 2020, the COVID-19 outbreak led to a massive decline in the usage rate of the existing vehicle fleets in the country, which led to 7.2% dip in engine oil consumption. Commercial vehicle (PV) segment recorded the largest decline of 7.39% in engine oil consumption during the year.
- During 2021-2026, the motorcycles segment is expected to register highest growth of about 3.43% in the engine oil consumption, followed by PV segment (2.97%). The growth is likely to be driven by increasing demand for mopeds and motorcycles in the country over the next five years.
Saudi Arabia Automotive Engine Oils Industry Overview
The Saudi Arabia Automotive Engine Oils Market is fairly consolidated, with the top five companies occupying 77.75%. The major players in this market are BP PLC (Castrol), ExxonMobil Corporation, FUCHS, Petromin Corporation and Royal Dutch Shell PLC (sorted alphabetically).
Saudi Arabia Automotive Engine Oils Market Leaders
BP PLC (Castrol)
ExxonMobil Corporation
FUCHS
Petromin Corporation
Royal Dutch Shell PLC
- *Disclaimer: Major Players sorted in no particular order
Saudi Arabia Automotive Engine Oils Market News
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
- November 2021: PETRONAS Lubricants International Sdn Bhd (PLI) announced the debut of PETRONAS iona Electric Vehicle (EV) Fluids solutions at its Global Research & Technology Centre in Turin, Italy, marking another milestone in fluid technology innovation.
- July 2021: Taajeer Group and APSCO agreed to work together on a long-term strategic relationship to deliver engine oil change services for MG automobiles at "Mobil Service" locations across the Kingdom.
