Qatar Lubricants Industry

Qatar Lubricants Market Analysis

The Qatar Lubricants Market size is estimated at 59.28 million liters in 2025, and is expected to reach 68.69 million liters by 2030, at a CAGR of 2.99% during the forecast period (2025-2030).

• Largest Segment by End-user Industry - Automotive : Automotive was the largest end-user segment in the UAE due to the large presence of high-end vehicles and SUVs and higher oil replacement cycles compared to other segments.
• Fastest Segment by End-user Industry - Power Generation : Due to the increasing use of natural gas reactors and wind turbines for energy generation, power generation is projected to be the fastest-growing end user in Qatar.
• Largest Segment by Product Type - Engine Oils : Engine oil is the most consumed product type in Qatar due to the high volume of engine oil and high replacement frequencies required to lubricate car and truck engines.
• Fastest Segment by Product Type - Greases : Grease is required for the smooth operation of industrial machinery, and with the country's manufacturing industry growing, grease consumption is likely to rise even faster.

Qatar Lubricants Market Trends

Largest Segment By End User : Automotive

• In 2020, the Qatari lubricants market was dominated by the automotive industry, which accounted for around 56% of the total lubricant consumption in the country. During 2015-2019, lubricant consumption in the automotive industry increased by around 11.8%.
• In 2020, COVID-19-related restrictions led to declined maintenance requirements from several industries. The major impact was observed in the metallurgy and metalworking sectors, which recorded a dip of 16.9%, followed by heavy equipment (7.9%) during the year.
• Power generation is likely to be the fastest-growing end-user industry of the market studied, with a CAGR of 5.35% over the period 2021-2026, followed by automotive (2.89%). The growing capacity addition of power generation in the country is likely to drive the consumption of lubricants in the power generation industry.

Qatar Lubricants Industry Overview

The Qatar Lubricants Market is moderately consolidated, with the top five companies occupying 54.11%. The major players in this market are ExxonMobil Corporation, Qatar Lubricants Company (QALCO), Royal Dutch Shell PLC, TotalEnergies and Valvoline Inc. (sorted alphabetically).

Qatar Lubricants Market Leaders

Qatar Lubricants Market News

• May 2022: TotalEnergies, NEXUS Automotive Extend Strategic Partnership for a period of five years. As part of this partnership, TotalEnergies Lubricants will be expanding its presence in the burgeoning N! community, which has seen rapid growth in sales from EUR 7.2 billion in 2015 to nearly EUR 35 billion by the end of 2021.
• March 2022: ExxonMobil Corporation company has appointed Jay Hooley as lead managing director of the company.
• January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.