Lubricants Business KSA
Lubricants Business KSA
Lubricants Business KSA
com
Lubricants
Business
KSA
Overview
About Lubricants
According to a report by market research firm Mordor Intelligence, the lubricants
market in Saudi Arabia was valued at USD 1.73 billion in 2020 and was expected to
grow at a CAGR of around 2.5% from 2021 to 2026. The automotive lubricants
segment was expected to be the largest segment, accounting for a significant share
of the market due to the increasing demand for passenger cars and commercial
vehicles.
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Sales Strategy
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Competitors
Others
31.3%
Market Share
The lubricants market in Saudi Arabia is ExxonMobil Lubricants & Specialties
15.6%
expected to grow at a CAGR of over 2%
during 2021-2026 Shell Lubricants Saudi Arabia
8.3%
Market Share
The lubricants market in Saudi Arabia is
expected to grow at a CAGR of over 2%
during 2021-2026
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Target
Customers
Age: 16-25 Age: 31-40 Age: 41-55
Deliver detailed information
about current business
competitors in this part.
Our Team
Explain targets for market growth of the company in this part.
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