The India Automotive Lubricants Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the current state of the market, including an overview of key players, emerging trends, and future growth prospects. The report is segmented into various sections, each dedicated to different aspects of the market such as market size, geographical shares, competitive landscape, and market dynamics.
How Big is the India Automotive Lubricants Industry?
The India Automotive Lubricants Market size is expected to rise at a CAGR of around 2.0% during the forecast period 2023-2028.
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India Automotive Lubricants Market Trend:
Substantial Investment in the Improvement of Road Infrastructure & Connected Highways – The governmental programs and policies are working towards improving the infrastructure and building connecting highways between significant traffic points and major cities to resolve the under-penetration of vehicles in many urban and rural areas fueling the market expansion. Moreover, the government has been aiming to construct various national highways and transform the road infrastructure of numerous states. For instance, under the Union Budget 2022-23, the Government of India allocated a higher investment of INR 199,107.71 crores (USD 26.04 billion) to the Ministry of Road Transport and Highways. These aspects are leading to more vehicle utilization and further avenues for market growth.
Competitor Breakdown: Top India Automotive Lubricants Companies 2023-2028
- Gulf Oil Lubricants
- Indian Oil
- Castrol
- Hindustan Petroleum
- Bharat Petroleum
- Tidewater Oil
- Shell India
- Vavoline Cummins
- ExonnMobil
- Tata Oil
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Geographical Analysis:
East, West, North, South.
- Share of each Geographical segment in the Market
- Potential growth opportunities in the Geographically
- The growth rate of the Geographical in the Industry
Breaking Down the India Automotive Lubricants Market Segmentation:
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Medium and Heavy Commercial Vehicles
- Off the Road (OTR)
- Two Wheelers
- Three Wheeler
By Type
- Engine Oil
- Gear and Brake Oil
- Transmission Fluid
- Grease
- Others
By Base Oil
- Mineral
- Synthetic
- Semi-Synthetic
- Bio-Based
By Demand Category
- OEM
- OES
- Independent Aftermarket (IA)
By Sales Channel
- Authorized Dealers
- Retailers
- Workshops and Garage
- Petrol Pumps
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