India Automotive Lubricants Market Geographical Breakdown: Which Area is Leading the Market?

How Big is the India Automotive Lubricants Market?

The India Automotive Lubricants Market is projected to grow at a CAGR of around 2.0% during the forecast period, i.e., 2023-28. The market growth is attributed to the rising disposable income in the region because of rapid urbanization, affecting the standard of living and raising automotive sales to fulfill consumers’ desire to own a personal vehicle instead of public transport. Also, the maintenance of luxury cars further incorporates the implementation of lubricants, securing industrial extension. Thus, the rising penetration of on-road vehicles, private cars for transportation, consumer affordability, and maintenance habits, combined with the presence of aging vehicles exhibiting the scope of their care, further fuels the market expansion.

Market Statistics

Market Growth Rate (CAGR): 2.0% from 2023-2028

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India Automotive Lubricants Market Insight:

Driver-

Rising Disposable Income Promoting Automotive Sales

As a result of the emerging economy and spreading urbanization, there is a constant hike in consumers’ disposable income. Additionally, given to modernization and willingness to own a personal vehicle have been powering automotive sales in the country. As a result of rising disposable income and a hike in living standards, surging automotive sales have been driving the market, as lubricants play a vital role in the smooth working of engines and vehicles. Their characteristics of durability, vehicle protection, reduction of friction between the engine parts, and more are essential to extend vehicle life, especially regularly further expanding the industry.

India Automotive Lubricants Market Segmentation:

The report has segmented the market into the following categories:

By Vehicle Type

Passenger Car
Light Commercial Vehicle
Medium and Heavy Commercial Vehicles
Off the Road (OTR)
Two Wheelers
Three Wheeler

By Type

Engine Oil
Gear and Brake Oil
Transmission Fluid
Grease
Others

By Base Oil

Mineral
Synthetic
Semi-Synthetic
Bio-Based

By Demand Category

OEM
OES
Independent Aftermarket (IA)

By Sales Channel

Authorized Dealers
Retailers
Workshops and Garage
Petrol Pumps

By Region

East
- Bihar
- Orissa
- Jharkhand
- West Bengal
- Chhattisgarh
- North-Eastern States
West
- Rajasthan
- Gujarat
- Goa
- Maharastra
- Madhya Pradesh
North
- Jammu Kashmir
- Punjab
- Uttar Pradesh
- Uttarakhand
- Haryana
- Himachal Pradesh
South
- Andhra Pradesh
- Karnataka
- Kerala
- Tamil Nadu
- Telangana

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Competitive Landscape:

Gulf Oil Lubricants
Indian Oil
Castrol
Hindustan Petroleum
Bharat Petroleum
Tidewater Oil
Shell India
Vavoline Cummins
ExonnMobil
Tata Oil.

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Key Highlights of the Report:

Market Performance (2023-2028)
Strategic Recommendations
Current, Historical and Future Market Trends
Market Drivers and Leading Competitor
SWOT Analysis
Structure of the Market
Comprehensive Mapping and Recent Advancement

Other Report:

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