Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Leading Companies in the Vietnam Passenger Vehicles Lubricants Market

The market participants are readily offering synthetic lubricants to gain a competitive edge in the market.

 

  • Shell Plc
  • TotalEnergies SE
  • Idemitsu Kosan Co., Ltd.
  • Motul S.A.
  • Chevron Corp.
  • BP Plc
  • Petrolimex Petrochemical Corporation
  • Eneos Holdings Inc.
  • AP SAIGON PETRO
  • MEKONG PETROCHEMICAL JSC
  • Others

 

Vietnam Passenger Vehicles Lubricants Market Report Snapshots

Vietnam Passenger Vehicles Lubricants Market Size

Vietnam Passenger Vehicles Lubricants Market Growth

Vietnam Passenger Vehicles Lubricants Market Share

Vietnam Passenger Vehicles Lubricants Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is estimated to grow at a CAGR of 5.70% between 2025 and 2034.

The market is being driven due to growing production of passenger vehicles, a shift in the Vietnamese consumer preference towards eco-efficient lubricants, and rising demand for high-performance lubricants.

The key trends aiding the market include the burgeoning popularity of bio-based lubricants, the growth of lubricants with extended drain intervals, and the surge in EV lubricants.

Regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.

Based on product type, market segmentations include engine oils, greases, hydraulic fluids, and transmission and gear oils.

The major players in the market are Shell Plc, TotalEnergies SE, Idemitsu Kosan Co., Ltd., Motul S.A., Chevron Corp., BP Plc, Petrolimex Petrochemical Corporation, Eneos Holdings Inc., AP SAIGON PETRO, and MEKONG PETROCHEMICAL JSC, among others.

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