Rising Passenger Vehicle Sales Continue to Bolster Automotive Lubricant Sales in Malaysia: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Passenger cars, motorcycles, and trucks on an average require 8-12L, 3-4L, and 18-36L of engine oil per year respectively. In 2019, ~31 million vehicles were on road in Malaysia and ~600,000 new vehicles are registered in the country every year. The growing per capita income and unreliable public transport have been driving the sales of automobiles. Growing Number of Vehicle: Malaysia is unique among most Southeast Asian nations in that household vehicle ownership rates approximate those of many higher-income countries. In 2019, the population of Malaysia was ~30 mn and ~10.5 mn &~ 15 mn cars and motorcycle were on road respectively, which implies one in three people owned a car and one in two people owned a motorcycle in Malaysia Introduction of Bio-Lubricants: Introduction of environmental protection laws such as The Environmental Quality Act 1974 has led to the introduction of bio-lubricants. These lubricants are found to exhibit superior properties over the conventional mineral lubricants, with renewability and biodegradability being their strongest suit. Currently, bio-lubricant contributes very little proportion of the overall demand, but with increasing awareness, its demand is expected to increase. Increasing Use of Synthetic and Semi-Synthetic Lubricant: Malaysian are increasingly selecting synthetics and semi-synthetic lubricants, due largely to performance benefits, for the efficient functioning and the smooth working of automobiles. In addition, marketing campaigns by lubricant suppliers and recommendations for synthetic products by motor vehicle OEMs are raising consumer awareness. Concentrated by Oil Producers: This Industry is concentrated with several multi-national oil producers Including Shell, Castrol, and state-owned Petronas the companies have been primarily marketing passenger car engine oil such as Helix, Syntium, Magnatec, and Edge are few of the bestselling brands in the category. Even though the 3 market leaders have a blending plant in Malaysia, the industry is import driven due to a lack of technology and the required infrastructure. According to a report by Ken Research titled “Malaysia Automotive Lubricant Market Outlook to 2025- Driven by Growing Vehicle Ownership & Preference for Synthetic Lubricants” the automotive lubricant demand valued around USD 10 billion in 2019. 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 a commercial vehicle, increasing awareness about automobile servicing and shift in preference towards high performance expensive lubricants. Key Segments Covered: – 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 Grease Gear oil and Transmission Oil Hydraulic Oil By Sales Channel OEMs Fuel Stations OEM Workshops and Spare Part Shops Service Stations and Garages Online Hypermarket/Supermarket Companies Covered: Shell Castrol Petronas Total Caltex Chevron Exxon Mobil Key Target Audience Lubricant Manufacturing Companies Oil Producers Lubricant Distributors Government Associations Time Period Captured in the Report: – Historical Period: 2014–2019 Forecast Period: 2020-2025 Key Topics Covered in the Report: – Target Addressable Audience Supply Ecosystem and Competition Parameters Demand Scenario Marketing Strategies Challenges Faced by Lubricant Producers Porter Five Force Analysis Emerging Business Strategies Best Practises in Business Pricing Analysis For More Information on the Research Report, refer to below links: – Malaysia Automotive Lubricant Market Future Related Reports by Ken Research: – Malaysia Industrial Lubricants Market Outlook to 2023 – By Origin (Mineral Lubricants, Semi-Synthetic Lubricants and Synthetic Lubricants), By Industrial Lubricants (Hydraulic Oils, Industrial Greases, Metal Working Fluid/Cutting Oil, Industrial Gear Oil, Turbine Oil, Compressor Oil and Others), By End Users (Construction & Mining, General Manufacturing, Power Generation, Metal Production, Food Processing, Cement Industry and Others), By Distribution Channel (Direct Sales and Dealer Network) Vietnam Lubricants Market Outlook to 2023 – By Grade (Mineral, Semi-Synthetic and Synthetic Lubricants), By Application (Automotive and Industrial) By Type of Automotive and Industrial Lubricants, By End User of Automotive and Industrial Lubricants End User, and By Distribution Channel of Automotive and Industrial Lubricants Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Automotive Lubricant Distributors in Malaysia, Automotive Lubricant Industry Malaysia, Automotive Lubricant Market Malaysia, Automotive Lubricant Marketing Strategies, Best Practises Automotive Lubricant Market, Bio-Lubricant in Malaysia, Caltex Malaysia Automotive Lubricants Market Size, Castrol Automotive Lubricant Market Analysis, Commercial Vehicle Lubricant Market, COVID 19 Impact on Automotive Lubricant, E-Fluids in Malaysia, Exxon Mobil Malaysia Lubricants Market Sales Growth, Future of Malaysia Automotive Lubricant Market, Impact of COVID-19 on Lubricant Market Malaysia, Lubricant Industry Malaysia, Lubricant Manufacturing Companies in Malaysia, Lubricant Market Malaysia, Malaysia Auto Lube Market, Malaysia Automotive Grease Market, Malaysia Automotive Industry, Malaysia Automotive Lubricant Industry, Malaysia Automotive Lubricant Industry Research Report, Malaysia Automotive Lubricant Major Players, Malaysia Automotive Lubricant Market, Malaysia Automotive Lubricant Market Analysis, Malaysia Automotive Lubricant Market Outlook, Malaysia Automotive Lubricant Market Research Report, Malaysia Automotive Lubricant Market Revenue, Malaysia Automotive Lubricant Market Share, Malaysia Automotive Lubricant Market Size, Malaysia Downstream Industry, Malaysia Engine Oil Market, Malaysia Gear Oil Market, Malaysia Heavy Duty Engine Oil Market, Malaysia Lubricant Industry, Malaysia Lubricant Market, Malaysia Marine Lubricant Market, Malaysia Mineral Lubricant Market, Malaysia Motorcycle Oil Market, Malaysia Oil Producers Market Share, Malaysia Semi-Synthetic Lubricant Market, Malaysia Shell Synthetic Lubricant Market Revenue, Malaysia Synthetic Lubricant Market, Passenger Car Engine Oil Market in Malaysia, Passenger Vehicle Lubricant Market, Sale Revenue of Lubricant in Malaysia, Transmission Oil Market Malaysia