Saudi Arabia Lubricants Market: By Base Oil, By Product Type By End User and Country Forecast 2020-2031

Saudi Arabia Lubricants Market: By Base Oil (Bio-based Oil, Mineral Oil, Synthetic Oil), By Product Type (Compressor oil, Engine Oil, Gear Oil, Grease, Hydraulic fluid, Metalworking fluid, Turbine Oil, Others) By End User (Transportation, Industrial,) and Country Forecast 2020-2031

Saudi Arabia lubricants market size was valued at US$ 1,407.2 million in 2024 and is expected to reach US$ 1,621.9 million by 2031, growing at a significant CAGR of 2.1% from 2025-2031. The market provides a detailed overview market, and that can be segmented by base oil, by product type and by end user. By Base Oil, the Saudi Arabia lubricants market has been segmented into Bio-based Oil, Mineral Oil, and Synthetic Oil. The synthetic oil lubricants segment is likely to be the largest and fastest-growing segment in terms of base oil. Based on Product Type, the market is segmented into Compressor oil, Engine Oil, Gear Oil, Grease, Hydraulic fluid, Metalworking fluid, Turbine Oil, and Others. Among these, the compressor oil segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on end user, the Saudi Arabia lubricants market is segmented into Transportation, and Industrial. The transportation segment accounts for the largest share in 2021.

Key Development

In March 2022, TotalEnergies and NEXUS Automotive Extending their strategic partnership for another five years. TotalEnergies Lubricants will increase its market share in the rapidly growing N! community as a result of this cooperation, resulting in sales jump from EUR 7.2 billion in 2015 to roughly EUR 35 billion by the end of 2021. In April 2022, ExxonMobil Corporation was divided into three business divisions as ExxonMobil Upstream Company, ExxonMobil Product Solutions, and ExxonMobil Low Carbon Solutions.

Saudi Arabia Lubricants Market Dynamics

The developing industrial sector of the country and rising use of high-performance lubricants are key market-driving factors are burgeoning the market growth over the forecast years.

Saudi Arabia Lubricants Market Segmentation Analysis

Report Benchmarks

Details

Market Size in 2024

US$ 1,407.2 million

Market Size in 2031

US$ 1,621.9 million

By Base Oil

  • Bio-based Oil
  • Mineral Oil
  • Synthetic Oil

By Product Type

  • Compressor oil
  • Engine Oil
  • Gear Oil
  • Grease
  • Hydraulic fluid
  • Metalworking fluid
  • Turbine Oil
  • Others

By End User

  • Transportation
  • Industrial
  • Country

Key Features of the Report

  • The saudi arabia lubricants market report provides granular level information about the market size, regional market share, historic market (2020-2024), and forecast (2025-2031)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis

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Frequently Asked Questions

Saudi arabia lubricants market size was valued at US$ 1,407.2 million in 2024 and is expected to reach US$ 1,621.9 million by 2031, growing at a significant CAGR of 2.1%.

Increased drain intervals in the automotive and industrial sectors will probably going to restrict market growth.

The major key players are Petromin Corporation, Exxon Mobil, Shell (JOSLOC), Castrol, Alhamrani-Fuchs Petroleum Saudi Arabia, Mobil (Delta Group), Petronas (Unified Lubricants Company), Chevron Al Bakri Lubricants Company,Raf Oil Industries, Gulf Oil Middle East Limited,  Chevron AlBakri Lubricants Company (Caltex), Haji Abdullah Alireza & Co. Ltd, United Lube Oil Company. (UNILUBE), Amsoil, Arabian Plant for Lubricants and Greases (APLG), United Lube Oil Company. (UNILUBE), Yanbu United Industrial Ser.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Saudi Arabia Lubricants Market Introduction
2.1. Saudi Arabia Lubricants Market Taxonomy
2.2. Saudi Arabia Lubricants Market Definitions
2.2.1. Base Oil
2.2.2. Product Type
2.2.3. End User
3. Saudi Arabia Lubricants Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Saudi Arabia Lubricants Market Dynamic Factors - Impact Analysis
3.6. Saudi Arabia Lubricants Market Competition Landscape
3.7. Epidemiology
4. Saudi Arabia Lubricants Market Analysis, 2020-204 and Forecast 2025-2031
4.1. Market Analysis,2020-204 and Forecast 2025-2031 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Saudi Arabia Lubricants Market, By Base Oil, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
5.1. Bio-based Oil
5.1.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Mineral Oil
5.2.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Synthetic Oil
5.3.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Saudi Arabia Lubricants Market Forecast, By Product Type, 2020-204 and Forecast 2025-2031 (Revenue, USD Mn)
6.1. Compressor oil
6.1.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Engine Oil
6.2.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Gear Oil
6.3.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Grease
6.4.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Hydraulic fluid
6.5.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Metalworking fluid
6.6.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
6.7. Turbine Oil
6.7.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.7.3. Market Opportunity Analysis
6.8. Others
6.8.1. Transformer Oil
6.8.1.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
6.8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.8.1.3. Market Opportunity Analysis
6.8.2. Refrigeration Oil
6.8.2.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
6.8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.8.2.3. Market Opportunity Analysis
6.8.3. Textile Machinery Lubricants
6.8.3.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
6.8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.8.3.3. Market Opportunity Analysis
7. Saudi Arabia Lubricants Market, By End User, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.1. Transportation
7.1.1. Aviation
7.1.1.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.1.3. Market Opportunity Analysis
7.1.2. Commercial vehicles
7.1.2.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.2.3. Market Opportunity Analysis
7.1.3. Marine
7.1.3.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3.3. Market Opportunity Analysis
7.1.4. Passenger vehicles
7.1.4.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.4.3. Market Opportunity Analysis
7.1.5. Railways
7.1.5.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.1.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.5.3. Market Opportunity Analysis
7.2. Industrial
7.2.1. Automobile Manufacturing
7.2.1.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.1.3. Market Opportunity Analysis
7.2.2. Cement Production
7.2.2.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.2.3. Market Opportunity Analysis
7.2.3. Chemical
7.2.3.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3.3. Market Opportunity Analysis
7.2.4. Construction
7.2.4.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.2.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.4.3. Market Opportunity Analysis
7.2.5. Food Processing
7.2.5.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.2.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.5.3. Market Opportunity Analysis
7.2.6. Mining & Metal
7.2.6.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.2.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.6.3. Market Opportunity Analysis
7.2.7. Oil & Gas
7.2.7.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.2.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.7.3. Market Opportunity Analysis
7.2.8. Power Generation
7.2.8.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.2.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.8.3. Market Opportunity Analysis
7.2.9. Textile
7.2.9.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.2.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.9.3. Market Opportunity Analysis
7.2.10. Others
7.2.10.1. Market Analysis, 2020-204 and Forecast 2025-2031  (Revenue, USD Mn)
7.2.10.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.10.3. Market Opportunity Analysis
8. Competition Landscape 
8.1. Strategic Dashboard of Top Market Players
8.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
8.2.1. Petromin
8.2.2. Aljomaih and Shell Lubricating Oil Company Limited
8.2.3. FUCHS
8.2.4. CASTROL LIMITED
8.2.5. RAF OIL INDUSTRIES LLC
8.2.6. Total
8.2.7. Yunitco
8.2.8. APSCO Arabian Petroleum Supply Company
9. Research Methodology
10. Key Assumptions and Acronyms

Key Market Players

  • Petromin
  • Aljomaih and Shell Lubricating Oil Company Limited
  • FUCHS
  • CASTROL LIMITED
  • RAF OIL INDUSTRIES LLC
  • Total
  • Yunitco
  • APSCO Arabian Petroleum Supply Company

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