Market Research Reports - Ken Research Opportunities in Lubricant Industry | Page 3

long term view to connect all islands of the Philippines through sea route is expected to enhance the marine transportation, thereby leading to more lubricants being consumed by the ships and boats. Automotive lubricants are anticipated to dominate the overall consumption of lube oils in the Philippines with ~% in 2021. The continuous rise in the sales of vehicles due to rising per capita income of the country is expected to amplify the consumption of semi-synthetic and synthetic lubricants, which are most preferred for engines installed in new and upcoming cars. The consumption of industrial lubricants is also estimated to surge to ~ million liters due to the establishments of new manufacturing units and the installation of machinery in the plants. Key Topics Covered in the Report: Philippines Lubricant Market Size by Consumption Volume and Revenue Market Segmentation - By Type of Lubricants (Mineral-Based, Semi-synthetic and Synthetic); By Application (Automotive and Industrial) Philippines Automotive Lubricant Market Size by Consumption Volume Trends Lubricant Philippines Engine Oil Market Philippines Lubricant Import in Philippines Industry Growth Lubricant Philippines PTT Lubricant Market Share Philippines Philippines Industrial Lubricant Market Size by Consumption Volume Brake Fluid Market Philippines Hydraulic Oil Market Philippines Gear Oil Industry Size Philippines Value Chain Analysis for the Philippines Lubricants Market SWOT Analysis for the Philippines Lubricants Market Automotive Gear Oil Market Philippines Metal Working Fluids Market Philippines