Market Size of Indonesia Automotive Engine Oils Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 4.09 % |
| Market Concentration | High |
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Indonesia Automotive Engine Oil Market Analysis
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).
- Largest Segment by Vehicle Type - Motorcycles : Indonesia has a large active motorcycle fleet. As a result, lubricant consumption in this sector occupies the highest share in the country's automotive lubricant industry.
- Fastest Segment by Vehicle Type - Motorcycles : The recovery in motorcycles and moped sales and usage in Indonesia in 2021 is expected to augment the demand for various motorcycle lubricants in the country in the future.
