Market Size of Argentina Passenger Vehicles Lubricants Industry
Study Period | 2015 - 2026 |
Base Year For Estimation | 2020 |
Market Volume (2024) | 63.92 Million Liters |
Market Volume (2026) | 67.17 Million Liters |
CAGR (2024 - 2026) | 2.51 % |
Market Concentration | High |
Argentina Passenger Vehicles Lubricants Market Analysis
The Argentina Passenger Vehicles Lubricants Market size is estimated at 63.92 Million Liters in 2024, and is expected to reach 67.17 Million Liters by 2026, growing at a CAGR of 2.51% during the forecast period (2024-2026).
- Largest Segment by Product Type - Engine Oils : Engine oil is consumed in large quantities in cars in Argentina, and it is changed more frequently than other product types, making it the country's most popular product.
- Fastest Segment by Product Type - Hydraulic Fluids : With the predicted rise in maintenance rates in Argentina's PV segment in 2021-2026, the demand for hydraulic fluids is expected to grow faster among all product types.