Malaysia Automotive Lubricant Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021 - 2027

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Malaysia Automotive Lubricant Market - Global
Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2021 - 2027
www.kenresearch.com
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The report titled Malaysia Automotive Lubricant
Market Outlook to 2025- Driven by growing
adoption of high-performance lubricants,
increasing vehicles on road coupled with the
availability of products on E-commerce platforms"
provides a comprehensive analysis of the
Automotive Lubricant Market in Malaysia. The
report also initiates by explaining the need and
opportunity of automotive lubricant industry in
Malaysia. Further it proceeds with explanation of
current market size and demand by different
segments. It also includes the growth drivers,
trends, developments, challenges, value chain
analysis and pricing analysis. It gives detailed
explanation of competitive scenario including
cross comparison between major players, Porters
Five Force analysis and detailed company profiles
of major players. It concludes with future scope
and analyst recommendations.  Market Overview
The industry is at growth stage, with increasing
demand of automotive lubricants due to increasing
automotive sales. The industry is import driven
as both the end product and raw materials are
majorly imported from other countries such as
Thailand, Singapore, China, Europe and USA. The
prices have been continously increasing due to
increasing price of base oil and crude oil. Over
the review period, Malaysia lubricants market
observed a healthy growth both in terms of
revenues as well as sales volume. In the year
2020, the market witnessed a double digit
negative growth rate because of the covid-19
pandemic. Segmentation By Grade (Synthetic,
Semi-Synthetic and Mineral)High performance and
expensive synthetic and semi-synthetic lubricants
are gaining pace with increasing marketing
efforts by lubricant manufacturers and increasing
sales margins of synthetic lubricant to mechanics
by distributors as well as manufacturers. With
increasing use of synthetic lubricants the
average per annum requirement of lubricant is
falling but the higher prices of synthetic
lubricants leads to increasing market revenue.
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Demand By Type (Passenger Car Engine Oil, Heavy
Duty Engine Oil, Motorcycle Engine Oil, Hydraulic
Oil, Gear Oil Transmission Oil and Greases)In
2020, Passenger Car Engine Oil accounted for the
leading share in the automotive lubricant sales
followed by Heavy Duty Engine Oil, Motorcycle
Engine Oil and others. Increasing number of
passenger cars, increasing average distance
travelled by a vehicle and the high consumption
of lubricants in a commercial vehicles are
ensuring the dominance of Passenger Car Engine
Oil and Heavy Duty Diesel Engine Oil. Large
circulation of motorcycles catapulted the share
of motorcycle oil to the third highest in the
market. By End Users Since, number of
Passenger Vehicles in Malaysia is higher than
other vehicles, they are the biggest consumers of
automotive lubricants. The number of passenger
vehicles on road is one the rise due to
increasing private vehicle ownership because of
high per capita income and unreliable public
transport system in the country. Increasing
average distance travelled by trucks catapulted
the share of commercial vehicle to the second
highest in the market.By Sales ChannelMajority
of sales were undertaken through distributors
followed by direct sales to OEMs and through
company owned fuel stations. By distributors
maximum sales were attributed to service stations
and garages due to high influence of mechanics in
lubricant purchase. The share of supermarkets and
online retail is low due to the low trust level
attributed and relatively new status of these
modes of distribution. Competitive
LandscapeThe industry is concentrated with
presence of around 15-30 manufacturers including
multinational oil producers and local
manufacturers. The industry is majorly dominated
by three major players namely Castrol, Shell and
Petronas accounting for a market share of 70
collectively in terms of sales volume in 2020.
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Future Outlook and ProjectionThe industry
experienced a major downfall in 2020 due to
coronavirus pandemic, but it is expected to gain
the pace and recover the loss in the next 2-3
years. Semi-Synthetic and Synthetic grades are
expected to gain prominence and favor owing to
demand for superior quality and increasing
lubricant quality standard awareness among
consumers. Introduction of electric vehicle will
dampen the demand of traditional engine oil but
will drive sales of E-lubricants. Market
consolidation will take place as the automotive
lubricant industry is a niche space and players
with better geographical presence will take over
others.Request for Sample Report
_at_ https//www.kenresearch.com/sample-report.php?Fr
mdetailsNDcyODI3Key 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,
2020By End User Industry Passenger
VehicleCommercial Vehicle Motorcycles
MarineBy GradeSyntheticSemi-SyntheticMineral
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By TypePassenger Car Engine OilHeavy Duty
Engine OilMotorcycle Oil Gear oil and
Transmission Oil Hydraulic Oil Grease and
othersBy Sales ChannelOEMsFuel Stations OEM
Workshops and Spare Part Shops Service Stations
and Garages Online Hypermarket/Supermarket By
Viscosity Grade0W-205W-4010W-4015W-4015W-50O
thers
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Key Target AudienceLubricant Manufacturing
CompaniesOil ProducersLubricant Distributors
Government Associations  Time Period Captured
in the Report-Historical Period
20142019Forecast Period 2020-2025 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 Industry
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Time Period in the ReportHistorical Period
2014-2020Forecast Period 2021F-2025F Companies
CoveredShellPetronasTotalChevronCastrolHyr
axMobilOthersFor More Information, refer to
below link-Malaysia Automotive Lubricant Market
Research ReportRelated ReportsMalaysia Used Car
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Candidates to Seek Specialization Contributing to
Medical WorkforceContact Us Ken
ResearchAnkur Gupta, Head Marketing
CommunicationsAnkur_at_kenresearch.com91-901537824
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