Argentina Commercial Vehicles Lubricants Market Size

Statistics for the 2023 & 2024 Argentina Commercial Vehicles Lubricants market size, created by Mordor Intelligence™ Industry Reports. Argentina Commercial Vehicles Lubricants size report includes a market forecast to 202 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Argentina Commercial Vehicles Lubricants Industry

market snapshot grapgh
Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 103.67 Million Liters
Market Volume (2026) 113.91 Million Liters
CAGR (2024 - 2026) 4.82 %
Market Concentration High

Argentina Commercial Vehicles Lubricants Market Analysis

The Argentina Commercial Vehicles Lubricants Market size is estimated at 103.67 Million Liters in 2024, and is expected to reach 113.91 Million Liters by 2026, growing at a CAGR of 4.82% during the forecast period (2024-2026).

  • Largest Segment by Product Type - Engine Oils : Engine oil is the most popular product category in the country due to the high volume requirements of used trucks, buses, and pickup trucks and yearly oil change frequencies.
  • Fastest Segment by Product Type - Greases : In Argentina, the projected rebound in commercial vehicle production and sales beginning in 2021 is expected to increase greases' consumption for the next few years.

Argentina Commercial Vehicles Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026