Turkey Commercial Vehicles Lubricants Market Size & Share Analysis - Industry Research Report - Growth Trends
Market Research on Commercial Vehicle Lubricants in Turkey
The market for lubricants for commercial vehicles in Turkey was worth 111.34 million litres in 2021 and is anticipated to grow at a CAGR of 4.98% to 141.99 million litres by 2026.
Engine oils make up the largest segment by product type. Because they are utilised in high-temperature and high-pressure applications, they have high volume needs and short drain intervals.
Greases are the fastest segment by product type: Grease consumption is anticipated to climb in the near future due to the anticipated recovery in commercial vehicle imports and sales, as well as an increase in business activity starting in 2021.
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