Russia Automotive Lubricants Market Size

Statistics for the 2023 & 2024 Russia Automotive Lubricants market size, created by Mordor Intelligence™ Industry Reports. Russia Automotive Lubricants size report includes a market forecast to 202 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Russia Automotive Lubricants Industry

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Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 610.35 Million Liters
Market Volume (2026) 622.58 Million Liters
CAGR (2024 - 2026) 1.00 %
Market Concentration High
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Russia Automotive Lubricants Market Analysis

The Russia Automotive Lubricants Market size is estimated at 610.35 Million Liters in 2024, and is expected to reach 622.58 Million Liters by 2026, growing at a CAGR of 1% during the forecast period (2024-2026).

  • Largest Segment by Vehicle Type - Commercial Vehicles : The highest lubricant consumption from the country's commercial vehicles sector is attributed to the high average lubricant requirement for commercial vehicles in Russia.
  • Fastest Segment by Vehicle Type - Passenger Vehicles : The expected recovery of passenger vehicle sales and production in Russia from 2021 is anticipated to drive the demand for lubricants during the forecast period.
  • Largest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and shorter drain intervals, as it is used for high-temperature and high-pressure applications.
  • Fastest Segment by Product Type - Hydraulic Fluids : The expected recovery of automotive sales, usage, and production in Russia from 2021 is likely to drive the demand for hydraulic fluids during the forecast period.

Russia Automotive Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026