Market Size of Argentina Commercial Vehicles Lubricants Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 4.82 % |
| Market Concentration | High |
Argentina Commercial Vehicles Lubricants Market Analysis
The Argentina Commercial Vehicles Lubricants Market size is estimated at 103.67 Million Liters in 2024, and is expected to reach 113.91 Million Liters by 2026, growing at a CAGR of 4.82% during the forecast period (2024-2026).
- Largest Segment by Product Type - Engine Oils : Engine oil is the most popular product category in the country due to the high volume requirements of used trucks, buses, and pickup trucks and yearly oil change frequencies.
- Fastest Segment by Product Type - Greases : In Argentina, the projected rebound in commercial vehicle production and sales beginning in 2021 is expected to increase greases' consumption for the next few years.
