Southeast Asia Two Wheeler Engine Oil Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030

 The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Southeast Asia Two Wheeler Engine Oil Market Industry (2024-2030):

According to the latest report, the Southeast Asia Two Wheeler Engine Oil Market is estimated to grow at a CAGR of around 4.9% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Southeast Asia Two Wheeler Engine Oil Market.


Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2019-2022

·        Base year: 2023

·        Forecast Years: 2024-2030

·        CAGR (2025-30): 4.9%

What key trends are shaping the future of the Southeast Asia Two Wheeler Engine Oil Market industry?

Rising Inclination Towards High-Performance Engine Oils to Support Market Growth– In recent years, there have been advancements in engine technology owing to which the requirement for higher-grade engine oils, including synthetic and semi-synthetic oils has substantially increased. Moreover, these high-performance lubricants offer better protection and efficiency. As a result, consumers are increasingly opting for these oils to protect two-wheelers from wear & tear. Moreover, the benefits of high-performance and synthetic oils over traditional mineral oils make them more suitable, especially in the region's hot and humid conditions. Along with this, these motor oils provide better engine protection, improved fuel efficiency, and better mileage. Therefore, customers seeking more functional benefits are increasingly purchasing these lubricants, enlarging market growth. Further, the new two-wheelers are made using modern engine designs that require engine oils to meet efficiency and environmental standards. Thus, top companies are focusing on developing products that not only enhance engine performance but also reduce environmental impact. For instance,

In 2023, Shell Lubricants and Ducati Corse collaboratively launched a new motorcycle oil specifically designed for the latest Ducati Panigale V4 R motorcycle with a dry clutch.

This increasing introduction of eco-friendly and high-quality lubricants will continue to gain the attention of environment-conscious customers and two-wheeler manufacturers, uplifting market growth.

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Southeast Asia Two Wheeler Engine Oil Market Segmentation

The Southeast Asia Two Wheeler Engine Oil Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  • By Product Type
    • Synthetic Oil- Market Size & Forecast 2019-2030, Thousand Liters
    • Semi-Synthetic Oil- Market Size & Forecast 2019-2030, Thousand Liters
    • Mineral Oil- Market Size & Forecast 2019-2030, Thousand Liters
  • By Viscosity Grade
    • 10W-40- Market Size & Forecast 2019-2030, Thousand Liters
    • 20W-50- Market Size & Forecast 2019-2030, Thousand Liters
    • 15W-50- Market Size & Forecast 2019-2030, Thousand Liters
  • By Demand Type
    • OEM- Market Size & Forecast 2019-2030, Thousand Liters
    • Aftermarket- Market Size & Forecast 2019-2030, Thousand Liters
  • By Application
    • Motorcycles- Market Size & Forecast 2019-2030, Thousand Liters
    • Scooters- Market Size & Forecast 2019-2030, Thousand Liters
  • By Sales Channel
    • Direct Sales- Market Size & Forecast 2019-2030, Thousand Liters
    • Authorized Dealers- Market Size & Forecast 2019-2030, Thousand Liters
    • Automotive Parts Stores- Market Size & Forecast 2019-2030, Thousand Liters
    • Online Channel- Market Size & Forecast 2019-2030, Thousand Liters
  • By Country
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Philippines
    • Vietnam
    • Rest of Southeast Asia 

As per the regional aspect, the Southeast Asia Two Wheeler Engine Oil Market is expected to be dominated by Indonesia by capturing the potential market share. 

Explore further details about this research report-

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Top Companies in the Southeast Asia Two Wheeler Engine Oil Market

Shell Indonesia, Motul, Castrol (BP p.l.c.), Chevron Corporation (Caltex), ExxonMobil, TotalEnergies, Idemitsu Kosan, Fuchs SE, PT Pertamina Lubricants, Petronas, and Others

Southeast Asia Two Wheeler Engine Oil Industry Recent Development:

 

  • 2024: Shell Indonesia: Announced its plan to build its first grease manufacturing plant (GMP) in Indonesia. The plant is a new version of Shell’s existing Marunda Lubricants Oil Blending Plant (LOBP) in Bekasi, Indonesia.

 

  • 2023: Motul: Launched two new products for Kawasaki motorbikes in Indonesia during the round of the World Superbike Championship.
Other reports:

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Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

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