Malaysia Automotive Lubricant Market- Application Analysis, Growth And Forecast

1. Growing demand for Heavy Duty Diesel Engine oil along with increment in usage of Automatic Transmission Oils would be driving the future growth of Automotive Lubricants Industry in Malaysia: Ken Research Increasing Consumption of Semi-Synthetic and Synthetic Lubricants: Synthetic and semi-synthetic lubricants are majorly used in the automotive sector for the efficient functioning / smooth working of automobiles. Semi Synthetic and Synthetic Lubricants are known for better characteristics such as high Viscosity Index (VI), high level of thermal stability, low freezing point, high boiling point and others, therefore these lubricants collectively help in reducing friction in the vehicle. These lubricants are also recommended by the local garage mechanics due to better performance and increased drain intervals when compared with traditional mineral lubricants. 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.

2. 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, 2020Market Size of Malaysia Automotive Lubricants in terms of Sales Revenue in MYR, 2020Market Segmentation of Malaysia Automotive Lubricants in terms of Sales Volume in Mn L, 2020Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NDcyODI3By End User Industry Passenger VehicleCommercial Vehicle Motorcycles MarineBy GradeSyntheticSemi-SyntheticMineral By TypePassenger Car Engine OilHeavy Duty Engine OilMotorcycle Oil Gear oil and Transmission Oil Hydraulic Oil Grease and others

4. By Sales ChannelOEMsFuel StationsOEM Workshops and Spare Part Shops Service Stations and Garages Online Hypermarket/Supermarket By Viscosity Grade0W-205W-4010W-4015W-4015W-50OthersKey Target AudienceLubricant Manufacturing CompaniesOil ProducersLubricant Distributors Government Associations Time Period Captured in the Report: -Historical Period: 2014–2020Forecast Period: 2021-2025

5. Key Topics Covered in the Report: -Automotive Lubricants Market Size on the Basis of Sales Volume and RevenueAutomotive Lubricants Market Segmentation – By type of Lubricant, By Grade of Lubricant, By Viscosity, By End UsersTarget Addressable Audience – Passenger and Commercial Vehicles, Regional Analysis, Used Car SalesSupply Ecosystem and Competition Parameters Value chain analysis in the Automotive Lubricants Market in MalaysiaDemand ScenarioTrends and Developments in Automotive Industry in MalaysiaGrowth Drivers for Automotive Industry in MalaysiaMarketing Strategies Challenges Faced by Lubricant Producers Porter Five Force Analysis Emerging Business Strategies Best Practises in BusinessPricing Analysis Customer Buying Decision ParametersCross Comparison between Major Players in the IndustryImpact of Covid-19 on the Automotive Lubricants Industry in MalaysiaFuture Projections and Market Size for Malaysia Automotive Lubricants IndustryTime Period in the ReportHistorical Period: 2014-2020Forecast Period: 2021F-2025F

6. Companies Covered:ShellPetronasTotalChevronCastrolHyraxMobilOthersFor More Information on the research report, refer to below link: -Malaysia Automotive Lubricant Market Research ReportRelated Reports by Ken Research: -Malaysia Used Car Market Outlook To 2025 (Second edition) – Growth of Online Used Car Platforms and increased shift from using public transport to personal cars, fueled by Covid-19 to accelerate Industry's GrowthIndonesia Automotive Aftermarket Service Market Outlook to 2026: Influx of new players and car variants from abroad are contributing to the growth of automotive aftermarket service industry in IndonesiaContact Us: -Ken ResearchAnkur Gupta, Head Marketing & CommunicationsSupport@kenresearch.com+91-9015378249