The Vietnam lubricant market is expected to generate ~ 41 Trillion VND in 2026 | 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 Vietnam’s population is anticipated to grow to 98.5 Mn with 49.9% male population and 50.7% female population. About 62.9% population is urban and the rest lives in rural area. Manufacturing sector contribute majority of 25% to the country’s GDP, with wholesale and retail at second spot (9.3%) and construction at third (5.9%). Electrical machinery & equipment, clothing & accessories are the major items exported and Electrical Machinery & Equipment, machinery including computers, and plastics are the items imported to Vietnam which stand at 400 Bn. VND and 300 Bn. VND respectively. Market size of Vietnam lubricants: More market players are expected to enter into lubricant industry independently or with collaboration to cater rising demand from end users. Also, the direct sales of lubricants in Vietnam are expected to grow at a faster rate as companies started focusing on increasing margins and overall profits by reducing middleman. The demand of lubricants in construction industry accounts nearly several million liters in 2021 which is further expected to increase in coming years. The construction industry projected to grow by over ~% CAGR in coming years. To Know More about this report, download your Free Sample Report Segmentation in lubricant market: The lubricant market in Vietnam in basically divided into automotive & industrial lubricants. The market for synthetic grade lubricants is projected to increase faster at ~% CAGR as compared to other grades by 2026 owing to increasing lubricant quality standard awareness among consumers and high-performance machinery are driving the growth of synthetic oils. Increasing demand for raw material such as Process Oil, used in various industries which are expanding viz., polymer industry, agriculture etc., is further pushing the demand forward. Future Trends in Vietnam lubricant Market: The automotive segment anticipated to maintain its dominance in the Vietnam Lubricants market during forecast period 2026 owing to increasing automobiles sales whereas the growth in Industrial lubricants market is expected to increase at a faster pace during 2021-2026. With fluctuations in prices of crude oil, the prices for Automotive as well as Industrial lubricants will increase in the forthcoming years. Increasing sales of vehicles in the country further expected to increase lubricants demand by 2026. Analysts at Ken Research in their latest publication “Vietnam Lubricant Market Outlook to 2026F-Driven by Growth in Crude Oil Import and Rising Sales of Motorcycles in the Country” by Ken Research observed that lubricant market is at rise in Vietnam at a rebounding stage from the economic crisis after pandemic. The increase in the demand of bio lubricant and increasing awareness of lubricant quality standard will further drive the market in the coming years. The Vietnam Lubricant Market is expected to grow at ~% CAGR over the forecasted period 2021-2026F. Key Segments Covered:- Vietnam Lubricant Market By Type of Automotive Lubricant Heavy duty diesel engine oil Motorcycle oil Passenger vehicle motor oil Grease By Type of Industrial Lubricant Process oil Hydraulic oil Gear oil Grease By Type of end use of automotive lubricant Commercial vehicles Motor cycle Passenger cars Marine Aviation To learn more about this report Download a Free Sample Report By Type of distribution channel in automotive lubricant Dealers and distributers network OEM workshops and service station Online retail By Type of end use of industrial lubricant General manufacturing Metal & mining Construction Power generation By Type of distribution channel in industrial lubricant Dealers and distributors Direct sales Key Target Audience Lubricant companies aiming to establish into Vietnam Vietnam lubricant industries Government Bodies & Regulating Authorities Automotive Industry Industrial industry Motorcycle company Lubricant dealer and users Time Period Captured in the Report:- Historical Year: 2016-2021 Base Year: 2021 Forecast Period: 2021– 2026F Visit this Link: – Request for custom report Companies Covered:- Castrol BP Petco Co Ltd Shell Vietnam Petrolimex Total Vietnam Company Ltd Mekong Petrochemicals JSC Caltex Lubricants Vietnam Ltd JX Nippon Oil & Energy Vietnam Co Ltd AP Saigon Petro JSC ENSOS Vietnam Co Ltd Katsum Trading & Service JSC PTT Lubricants Key Topics Covered in the Report Country Overview of Vietnam Vietnam Trade Analysis Lubricants Supply and Demand Statistics, 2020 Harvey Ball Analysis of Preferred Lubricants Companies in ASEAN Countries Vietnam Automotive Industry, 2021 Region wise Cars and motorcycles Registration in Vietnam, 2021 Cross comparison of Southeast Asian Countries on the basis of Number of Motor Vehicles and Sold by Country in 2021 Ecosystem of major Entities in Vietnam Lubricants Market Business Cycle and Genesis of Vietnam Lubricants Market Timeline of major Players in Vietnam Lubricants Market Value Chain Analysis for Vietnam Lubricants Market Vietnam Automotive & Industrial Lubricants Market Segmentation, 2021 SWOT Analysis for Vietnam Lubricants Market Porter’s Five Forces Analysis of Vietnam Lubricants Market Growth Enablers in Vietnam Lubricants Market Bottlenecks and Challenges in Vietnam Lubricants Market Trends and Developments in Vietnam Lubricants Market Vietnam Lubricants Market Regulations Tax Rates for Lubricants in Vietnam, 2018-2020 End User Analysis of Vietnam Lubricants Market Pricing Analysis of Automotive and Industrial Lubricants, 2021 Strengths and Weaknesses of the major Industrial & Automotive Lubricant market Players Cross Comparison of Major Players in Vietnam Lubricants Market Covid-19 Impact on Vietnam Lubricant Market Future Outlook and market Size for Vietnam Lubricant Market, 2021-2026F Future Segmentation for Vietnam Industrial Lubricant Market, 2026F Future Segmentation for Vietnam Automotive Lubricant Market, 2026F Market Opportunities and Analyst Recommendations Analyst Recommendations Research Methodology For more insights on the market intelligence, refer to below link:- Business opportunities in Vietnam Lubricant Market Related Reports by Ken Research:- Nigeria Lubricants Market Outlook 2027F Mexico Lubricants Market Outlook to 2027F Oman Lubricants Market Outlook to 2027F Tags: Automotive Lubricants industry Vietnam, Challenges in Vietnam Lubricants Market, Competitors in Vietnam Lubricant Industry, Demand of Lubricant in Vietnam, Direct sales of lubricants in Vietnam, Emerging Companies in Vietnam Lubricants Market, ENSOS Vietnam Lubricants Market Growth, Industrial Lubricants in Vietnam, investment in Lubricants Start-Ups in Vietnam, Leading Players in Lubricants Market in Vietnam, Lube Consumption in Vietnam, lubricant oil business in Vietnam, Lubricant Suppliers Companies in Vietnam, Lubricants Dealers in Vietnam, Lubricants Industry, Lubricants Manufacturing Companies in Vietnam, Lubricants Market, Major Players in Lubricant Market in Vietnam, Petrolimex Vietnam Lubricants Market Share, PTT Lubricants Market Revenue, Sales volume of lubricant in Vietnam, Top Lubricants Companies in Vietnam, Vietnam Gear oil Market, Vietnam Grease Market, Vietnam Heavy duty diesel engine oil Market, Vietnam Hydraulic oil Market, Vietnam Lubricant Distribution network, Vietnam Lubricant End Users Industry, Vietnam lubricant industries, Vietnam Lubricants Industry, Vietnam Lubricants Market, Vietnam Motorcycle oil Market, Vietnam Process oil Market