Iran Automotive Lubricants Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2027

The Iran Automotive Lubricants Market is segmented by Vehicle Type ( Commercial Vehicles, Motorcycles, Passenger Vehicles ) and by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils )

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Market Snapshot

https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2015 - 2027
https://s3.mordorlabs.com/base%20year/1629296433432_test~base_year_base_year.svg Base Year: 2021
https://s3.mordorlabs.com/passenger_vehicles/1629285650768_test~passenger_vehicles_passenger_vehicles.svg Largest Share by Vehicle Type: Passenger Vehicles
https://s3.mordorlabs.com/passenger_vehicles/1629285650768_test~passenger_vehicles_passenger_vehicles.svg Fastest Growing by Vehicle Type: Motorcycles
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: NaN %

Key Players

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Market Overview

The Iran Automotive Lubricants Market stood at 532.48 million liters in 2022 and is projected to register a CAGR of NaN% to reach NaN liters in 2027.

  • Largest Segment by Vehicle Type - Passenger Vehicles : Iran operates a large active diesel passenger vehicle parc. As a result, this sector's lubricant consumption accounts for the largest's share of the overall lubricant market.
  • Fastest Segment by Vehicle Type - Motorcycles : Post the rebound in economic and business activity, the increasing sales and presence of used motorcycles are expected to boost the demand for motorcycle lubricants in Iran.
  • Largest Segment by Product Type - Engine Oils : Engine oils form the leading product type due to their high volume requirements and shorter drain intervals. They are used in high-temperature and high-pressure applications.
  • Fastest Segment by Product Type - Transmission Oils : In Iran, the demand for transmission oils is likely grow steadily in future due to the growing adoption of automatic transmissions in passenger and commercial vehicles.

Scope of the Report

By Vehicle Type
Commercial Vehicles
Motorcycles
Passenger Vehicles
By Product Type
Engine Oils
Greases
Hydraulic Fluids
Transmission & Gear Oils

Report scope can be customized per your requirements. Click here.

Key Market Trends

Largest Segment By Vehicle Type : Passenger Vehicles

  • In Iran, passenger vehicles (PV) accounted for the largest share of 58.28% in the total number of on-road vehicles in 2020, followed by motorcycles (MC) and commercial vehicles (CV), with a share of 37.8% and 3.92%, respectively.
  • The PV segment accounted for the highest share of around 67% in total automotive lubricant consumption in 2020, followed by CV (18.2%) and MC (14.5%), respectively. In 2020, COVID-19 outbreak led to notable dip in lubricants consumption, where PV lubricant consumption recorded highest dip of 7.4%, followed by CV (6.8%) and MC (5.8%).
  • The motorcycle segment is projected to be the fastest-growing lubricant consumer, with a CAGR of 3.41% over the period 2021-2026. The growth is expected to be driven by a recovery in low-cost moped sales and increasing penetration of Chinese motorcycle brands in the coming years.

Competitive Landscape

The Iran Automotive Lubricants Market is fairly consolidated, with the top five companies occupying 80.13%. The major players in this market are Behran Oil Company, Iranol Oil Company, Pardis Engine Oil Company, Pars Oil Company and Sepahan Oil Company (sorted alphabetically).

Major Players

*Disclaimer: Major Players are sorted alphabetically

Recent Developments

  • January 2021: All of Iranol's products would be available on the Iran Mercantile Exchange and Iran Energy Exchange, resulting in greater financial transparency for the company and a significant contribution to the country's financial stability.
  • August 2020: Iranol Oil Co. unveiled its latest product, Euro Diesel, that is designed for use in large diesel engines and meets the Euro 5 emission standard or below.
  • February 2019: Iranol Oil Co. introduced MOTORO motorcycle engine oil developed to protect the integrated combination of engine and gearbox found in a variety of 4-stroke engine motorcycles.

Table of Contents

  1. 1. Executive Summary & Key Findings

  2. 2. Introduction

    1. 2.1 Study Assumptions & Market Definition

    2. 2.2 Scope of the Study​

    3. 2.3 Research Methodology

  3. 3. Key Industry Trends

    1. 3.1 Automotive Industry Trends

    2. 3.2 Regulatory Framework

    3. 3.3 Value Chain & Distribution Channel Analysis

  4. 4. Market Segmentation

    1. 4.1 By Vehicle Type

      1. 4.1.1 Commercial Vehicles

      2. 4.1.2 Motorcycles

      3. 4.1.3 Passenger Vehicles

    2. 4.2 By Product Type

      1. 4.2.1 Engine Oils

      2. 4.2.2 Greases

      3. 4.2.3 Hydraulic Fluids

      4. 4.2.4 Transmission & Gear Oils

  5. 5. Competitive Landscape

    1. 5.1 Key Strategic Moves

    2. 5.2 Market Share Analysis

    3. 5.3 Company Profiles

      1. 5.3.1 Addinol

      2. 5.3.2 AZAR RAVAN SAZ (Petronol)

      3. 5.3.3 Behran Oil Company

      4. 5.3.4 FUCHS

      5. 5.3.5 Ghatran Kaveh Motor Oil Co.

      6. 5.3.6 Iranol Oil Company

      7. 5.3.7 LIQUI MOLY

      8. 5.3.8 Pardis Engine Oil Company

      9. 5.3.9 Pars Oil Company

      10. 5.3.10 Sepahan Oil Company

  6. 6. Appendix

    1. 6.1 Appendix-1 References

    2. 6.2 Appendix-2 List of Tables & Figures

  7. 7. Key Strategic Questions for Lubricants CEOs

List of Tables & Figures

    Figure 1:  

    VEHICLE POPULATION, NUMBER OF UNITS, IRAN, 2015 - 2026

    Figure 2:  

    COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, IRAN, 2015 - 2026

    Figure 3:  

    MOTORCYCLES POPULATION, NUMBER OF UNITS, IRAN, 2015 - 2026

    Figure 4:  

    PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, IRAN, 2015 - 2026

    Figure 5:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, BY VEHICLE TYPE, 2015-2026

    Figure 6:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 7:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, COMMERCIAL VEHICLES, 2015-2026

    Figure 8:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, COMMERCIAL VEHICLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 9:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, MOTORCYCLES, 2015-2026

    Figure 10:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, MOTORCYCLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 11:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, PASSENGER VEHICLES, 2015-2026

    Figure 12:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, PASSENGER VEHICLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 13:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, BY PRODUCT TYPE, 2015-2026

    Figure 14:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 15:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, ENGINE OILS, 2015-2026

    Figure 16:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, ENGINE OILS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 17:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, GREASES, 2015-2026

    Figure 18:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, GREASES, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 19:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, HYDRAULIC FLUIDS, 2015-2026

    Figure 20:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, HYDRAULIC FLUIDS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 21:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, TRANSMISSION & GEAR OILS, 2015-2026

    Figure 22:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, TRANSMISSION & GEAR OILS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 23:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021

    Figure 24:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 25:  

    IRAN AUTOMOTIVE LUBRICANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2020

Market Definition

  • Vehicle Types - Passenger Vehicles, Commercial Vehicles and Motorcycles are the vehicle types considered under the automotive lubricants market.
  • Product Types - For the purpose of this study, lubricant products such as engine oils, transmission oils, greases and hydraulic fluids are taken into consideration.
  • Service Refill - Service refill is the primary factor considered while accounting the lubricant consumption for each of the vehicle segments, under the study.
  • Factory Fill - First lubricant fill-ups for newly produced vehicles are considered.

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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms

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Tracking a million data points on the lubricants industry. Our constant market tracking covers over 1 million+ data points spanning 45 countries and over 150 companies just for the lubricants industry.

Frequently Asked Questions

The Iran Automotive Lubricants Market market is studied from 2015 - 2027.

The Iran Automotive Lubricants Market stood at 532.48 million liters in 2022 and is projected to register a CAGR of NaN% to reach NaN liters in 2027.

Iran operates a large active diesel passenger vehicle parc. As a result, this sector's lubricant consumption accounts for the largest's share of the overall lubricant market.

Post the rebound in economic and business activity, the increasing sales and presence of used motorcycles are expected to boost the demand for motorcycle lubricants in Iran.

Engine oils form the leading product type due to their high volume requirements and shorter drain intervals. They are used in high-temperature and high-pressure applications.

In Iran, the demand for transmission oils is likely grow steadily in future due to the growing adoption of automatic transmissions in passenger and commercial vehicles.

Behran Oil Company,Iranol Oil Company,Pardis Engine Oil Company,Pars Oil Company and Sepahan Oil Company. are the major companies operating in Iran Automotive Lubricants Market.