Market Consolidation: The industry is concentrated by multi-national lubricant manufacturers as Shell, Castrol, Total and state-owned Petronas. The companies have been primarily marketing passenger vehicle lubricant brands such as Helix, Syntium, Magnatec and Edge which are also some of the few bestselling brands in the category. Even with the presence of local blending plants of market leading manufacturers in Malaysia, the industry is highly dependent on imports from countries such as Singapore, Thailand, China, Europe, and USA due to lack of raw material, technology and required infrastructure in Malaysia.
Automotive Lubricants are expected to witness the largest growth in passenger vehicles due to the increasing per capita disposable income and shift in consumer preference towards latest models with low emissions and high fuel economy. The market growth will also be supported by increasing urbanization and upsurge in personal travel needs. High performing automotive lubricants provide various advantages such as longer equipment life cycle, higher reliability, cost reduction and more.
The report titled “Malaysia Automotive Lubricants Market outlook to FY2026” by Ken Research suggested that the Automotive Lubricants Market revenue is expected to grow at a double digit positive CAGR and the Automotive Lubricants Market sales volume is expected to grow at a single digit positive CAGR. The industry in Malaysia is at its growth stage and the demand will continue to grow owing to increasing number of private as well as commercial vehicle, increasing awareness about automobile servicing and shift in preference towards high performance expensive lubricants.
Key Segments Covered in the Report: –
Market Size of Malaysia Automotive Lubricants in terms of Sales Volume in Mn L, 2020
Market Size of Malaysia Automotive Lubricants in terms of Sales Revenue in MYR, 2020
Market Segmentation of Malaysia Automotive Lubricants in terms of Sales Volume in Mn L, 2020
Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NDcyODI3
By End User Industry
Passenger Vehicle
Commercial Vehicle
Motorcycles
Marine
By Grade
Synthetic
Semi-Synthetic
Mineral
By Type
Passenger Car Engine Oil
Heavy Duty Engine Oil
Motorcycle Oil
Gear oil and Transmission Oil
Hydraulic Oil
Grease and others
By Sales Channel
OEMs
Fuel Stations
OEM Workshops and Spare Part Shops
Service Stations and Garages
Online
Hypermarket/Supermarket
By Viscosity Grade
0W-20
5W-40
10W-40
15W-40
15W-50
Others
Key Target Audience
Lubricant Manufacturing Companies
Oil Producers
Lubricant Distributors
Government Associations
Time Period Captured in the Report: –
Historical Period: 2014–2020
Forecast Period: 2021-2025
Key Topics Covered in the Report: –
Automotive Lubricants Market Size on the Basis of Sales Volume and Revenue
Automotive Lubricants Market Segmentation – By type of Lubricant, By Grade of Lubricant, By Viscosity, By End Users
Target Addressable Audience – Passenger and Commercial Vehicles, Regional Analysis, Used Car Sales
Supply Ecosystem and Competition Parameters
Value chain analysis in the Automotive Lubricants Market in Malaysia
Demand Scenario
Trends and Developments in Automotive Industry in Malaysia
Growth Drivers for Automotive Industry in Malaysia
Marketing Strategies
Challenges Faced by Lubricant Producers
Porter Five Force Analysis
Emerging Business Strategies
Best Practises in Business
Pricing Analysis
Customer Buying Decision Parameters
Cross Comparison between Major Players in the Industry
Impact of Covid-19 on the Automotive Lubricants Industry in Malaysia
Future Projections and Market Size for Malaysia Automotive Lubricants Industry
Time Period in the Report
Historical Period: 2014-2020
Forecast Period: 2021F-2025F
Companies Covered:
Shell
Petronas
Total
Chevron
Castrol
Hyrax
Mobil
Others
For More Information on the research report, refer to below link: –
Malaysia Automotive Lubricant Market Research Report
Related Reports by Ken Research: –
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
