The Vietnam lubricant market is expected to generate ~ 41 Trillion VND in 2026 | Ken Research 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 &… Read More »
The Vietnam Lubricant Market is expected to have robust growth owing to rise in demand of lubricants in both industrial and automotive sectors – Ken Research 1. The Vietnam Lubricants Market generated VND ~ Tn Revenue in 2021 owing to the country’s high oil imports and rising automobiles sales. To Know More about this report, download a Free Sample Report The boosting economy of the Vietnam has been supported by the growth of revenues generated by the manufacturer’s offering lubricant oils… Read More »
Growth of Industrial and manufacturing sector, rise in on road presence of Motorcycle & Heavy-Duty Vehicles is driving the demand of Lubricants in Vietnam: Ken Research Driven by growth in crude oil import and rising sales of motorcycles in the country, the Vietnam Lubricant market thereby have ample growth opportunities with its increase in revenue share among other countries. Vietnam Lubricant Market Overview: The boosting economy of Vietnam has been supported by the growth of revenue generated by the manufacturers offering… Read More »