Singapore Commercial Vehicles Lubricants Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the Singapore Commercial Vehicle Lubricants Market

The market for lubricants for commercial vehicles in Singapore was 6.61 million litres in 2021, and it is anticipated that it will grow at a CAGR of 2.30% to reach 7.40 million litres in 2026.


Largest market by Product Type - Engine Oils: Due to the high oil consumption and extended service intervals needed for commercial vehicles, engine oils are in high demand in the commercial vehicles market.

Fastest Segment by Product Type - Hydraulic Fluids: Over the forecast period, demand for hydraulic fluids is estimated to be driven by Singapore's anticipated recovery in commercial vehicle activity and sales beginning in 2021

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