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Argentina Passenger Vehicles Lubricants Market Size

Statistics for the 2023 & 2024 Argentina Passenger Vehicles Lubricants market size, created by Mordor Intelligence™ Industry Reports. Argentina Passenger Vehicles Lubricants size report includes a market forecast to 202 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Argentina Passenger Vehicles Lubricants Industry

Argentina Passenger Vehicles Lubricants Market Summary
Study Period 2015 - 2026
Base Year For Estimation 2020
Forecast Data Period 2024 - 2026
Historical Data Period 2015 - 2019
CAGR (2024 - 2026) 2.51 %
Market Concentration High

Argentina Passenger Vehicles Lubricants Market Analysis

The Argentina Passenger Vehicles Lubricants Market size is estimated at 63.92 Million Liters in 2024, and is expected to reach 67.17 Million Liters by 2026, growing at a CAGR of 2.51% during the forecast period (2024-2026).

  • Largest Segment by Product Type - Engine Oils : Engine oil is consumed in large quantities in cars in Argentina, and it is changed more frequently than other product types, making it the country's most popular product.
  • Fastest Segment by Product Type - Hydraulic Fluids : With the predicted rise in maintenance rates in Argentina's PV segment in 2021-2026, the demand for hydraulic fluids is expected to grow faster among all product types.

Argentina Passenger Vehicles Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026