+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Iran Automotive Lubricants Market - Size, Share, COVID-19 Impact & Forecasts Up To 2026

  • PDF Icon


  • September 2022
  • Region: Iran
  • Mordor Intelligence
  • ID: 5656669
UP TO OFF until Dec 31st 2023
The Iran Automotive Lubricants Market stood at 516.46 million liters in 2021 and is projected to register a CAGR of 2.60% to reach 587.29 million liters in 2026.

Key Highlights

  • 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.

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 83.90%. 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).

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents

1 Executive Summary & Key Findings
2 Introduction
2.1 Study Assumptions & Market Definition
2.2 Scope of the Study?
2.3 Research Methodology
3 Key Industry Trends
3.1 Automotive Industry Trends
3.2 Regulatory Framework
3.3 Value Chain & Distribution Channel Analysis
4 Market Segmentation
4.1 By Vehicle Type
4.1.1 Commercial Vehicles
4.1.2 Motorcycles
4.1.3 Passenger Vehicles
4.2 By Product Type
4.2.1 Engine Oils
4.2.2 Greases
4.2.3 Hydraulic Fluids
4.2.4 Transmission & Gear Oils
5 Competitive Landscape
5.1 Key Strategic Moves
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 Addinol
5.3.2 AZAR RAVAN SAZ (Petronol)
5.3.3 Behran Oil Company
5.3.4 FUCHS
5.3.5 Ghatran Kaveh Motor Oil Co.
5.3.6 Iranol Oil Company
5.3.8 Pardis Engine Oil Company
5.3.9 Pars Oil Company
5.3.10 Sepahan Oil Company
6 Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7 Key Strategic Questions for Lubricants CEOs

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Addinol
  • AZAR RAVAN SAZ (Petronol)
  • Behran Oil Company
  • Ghatran Kaveh Motor Oil Co.
  • Iranol Oil Company
  • Pardis Engine Oil Company
  • Pars Oil Company
  • Sepahan Oil Company