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The Indonesia Automotive Engine Oils Market size is estimated at 516.38 Million Liters in 2024, and is expected to reach 559.46 Million Liters by 2026, growing at a CAGR of 4.09% during the forecast period (2024-2026).
Statistics for the 2023 & 2024 Indonesia Automotive Engine Oils market trends, created by Mordor Intelligence™ Industry Reports. Indonesia Automotive Engine Oils trend report includes a market forecast to 202 and historical overview.
The Indonesia Lubricants Market size is estimated at 1.02 Billion Liters in 2024, and is expected to reach 1.10 Billion Liters by 2026, growing at a CAGR of 3.85% during the forecast period (2024-2026).
The Indonesia lubricants market is currently estimated to be worth approximately US$ 1.8 billion in 2020 and is projected to grow at a CAGR of 4.9% during the forecast period (2020-2025).
12 Μαΐ 2023 · SINGAPORE – Indonesia’s lubricant demand is expected to grow to 1.32 billion liters per year by 2026, with automotive lube formulations continuing to shift from conventional formulations to semi-synthetic and synthetic products, a Pertamina official told the ICIS Asian Base Oils and Lubricants Conference held here recently.
According to IMARC Group, the Indonesia automotive engine oils market size is projected to exhibit a growth rate (CAGR) of 4.86% during 2024-2032.
The Indonesia Automotive Engine Oils Market refers to the industry that deals with the production, distribution, and sales of engine oils specifically designed for use in various vehicles, such as cars, motorcycles, trucks, and other automotive applications.
