Market Size of Indonesia Automotive Lubricants Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 4.24 % |
| Market Concentration | High |
Indonesia Automotive Lubricants Market Analysis
The Indonesia Automotive Lubricants Market size is estimated at 635.99 Million Liters in 2024, and is expected to reach 691.03 Million Liters by 2026, growing at a CAGR of 4.24% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Motorcycles : Indonesia has a large active motorcycle fleet. As a result, the lubricant consumption of this sector occupies the highest share in the country's automotive lubricant industry.
- Fastest Segment by Vehicle Type - Motorcycles : The recovery in motorcycle and moped sales and usage in Indonesia from 2021 is expected to augment the demand for various motorcycle lubricants in the country in the future.
- Largest Segment by Product Type - Engine Oils : Engine oil is the leading product type due to its high volume requirements and shorter drain intervals, as it is used for high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Transmission & Gear Oils : The expected recovery of car and truck sales and production in Indonesia from 2021 is expected to drive the demand for transmission fluids in the country in the future.
