Rising demand of personal vehicles with increasing population and future expansion strategies of market players to drive the Lubricants Market in Philippines: Ken Research

Philippines Lubricants Market Ecosystem The Philippines lubricants market is fragmented with too many lubricant manufacturers operating in the industry. Petron and Shell are the dominant player in Philippine’s lubricants market. Key Findings Construction industry added major contribution (9.8%) to the overall GDP in Philippines in 2021. The average volume of production for the manufacturing sector… Read More »

Companies need to plan competitive strategies with a focus on extending their offerings beyond the core products to ensure business sustainability in Philippines Lubricants Market: Ken Research

1. Commercial Vehicles accumulated for a significant demand as a major Lubricant end user industry in Philippines in 2021 To Know More about this report, download a Free Sample Report In 2021, the total volume of motorcycles and scooters sold in the Philippines reached ~1.4 Mn units reflecting an increase in sales in comparison to… Read More »

Increase in Lubricants demand due to growth in Industrial use and rising vehicles sales in automotive industry in the country is driving Lubricants Market in Philippines: Ken Research

Focus on Consumer pain points, Growing end-user industry and Entry of Online portals in the market are major factors contributing towards development of Lubricants Market in Philippines. Growing Industrial Sector: Surging construction and mining industry in the Philippines has resulted in enhanced application of lubrication in the construction & mining machinery being used in the… Read More »