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 »
Philippines Lubricant Market is expected to Reach USD 690 Million by 2021: Ken Research Philippines Lubricant Market by Application (Automotive and Industrial), Philippines Lubricant Market by Type (Mineral, Semi Synthetic and Synthetic), Philippines Automotive Lubricant Market by End Users (Commercial Vehicles, Passenger Vehicles, Marine and Aviation), Philippines Automotive Lubricant Market by Distribution Channels (Commercial Vehicles, Passenger Vehicles, Marine and Aviation), Philippines Industrial Lubricant Market by End Users (Mining, Construction,… Read More »
Philippines Lubricants Market Research Report to 2021: Ken Research How Lubricant Market is Positioned in Philippines? The Philippines has witnessed robust growth in the consumption of both automotive and industrial lubricants from 2011 – 2013. Consumption of lubricants in the Philippines has been reported at ~ in 2011, which witnessed a healthy growth over the subsequent two years and reached ~ during 2013. The… Read More »
Philippines Lubricant Market is expected to be driven by Growing Manufacturing Establishments and Increasing Crude Oil Imports: Ken Research Surging construction sector, escalating automotive industry, entrance of foreign players, growing marine industry and increasing Ro-Ro services are the major factors which are expected to fuel the Philippines lubricants market in future. Ken Research announced its latest publication on “Philippines Lubricants Market by Type (Mineral, Semi-Synthetic and Synthetic), by Application (Automotive – Passenger, Commercial, Marine and… Read More »
Philippines Lubricants Market Outlook to 2021: Ken Research Ken Research announced its latest publication on “Philippines Lubricants Market by Type (Mineral, Semi-Synthetic and Synthetic), by Application (Automotive – Passenger, Commercial, Marine and Aviation and Industrial – Mining, Construction, Manufacturing, Iron and Steel, Agriculture, Electricity and Medical) – Outlook to 2021” suggested a rapid growth in the Philippines lubricants market, majorly driven by boosting… Read More »
