Two-wheeler Lubricants Market Analysis Market is Expected to Register Highest CAGR of ~ 4% During the Forecast Period 2019- 2029 - PowerPoint PPT Presentation

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Two-wheeler Lubricants Market Analysis Market is Expected to Register Highest CAGR of ~ 4% During the Forecast Period 2019- 2029


Two-wheeler Lubricants Market to Grow at a CAGR of ~4% by 2029- Future Market Insights – PowerPoint PPT presentation

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Title: Two-wheeler Lubricants Market Analysis Market is Expected to Register Highest CAGR of ~ 4% During the Forecast Period 2019- 2029

Chemicals and Materials
  • August 2019

Report Id REP-GB-10121 Published On
August-2019 Category Chemicals and Materials
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Two-wheeler Lubricants Market Analysis
  • Two-wheeler Lubricants Market Analysis Market
    is Projected to Register at a Healthy CAGR of
    4 During the Forecast Period 2019- 2029
  • VALLEY COTTAGE, New York, Aug. 13,
    2019 /PRNewswire/ -- Future Market Insights
    (FMI), in its new publication, offers actionable
    insights on future prospects of the 'Two-Wheeler
    Lubricants Market' for the period between 2019
    and 2029. As per the study, the global sales of
    two-wheeler lubricants reached 2,300 KT,
    equaling revenues worth US 13.7 Bn in 2018.
  • The emergence of two-wheelers as a primary mode
    of transportation in developing countries has
    been weighing on the same scale as the rapid
    adoption of two-wheeler lubricants. However,
    growing prominence of electric vehicles, in the
    view of increasing consumer interest towards a
    carbon-free future via zero-emission transport,
    may pose as a potential threat to the market
  • Meeting ever-tightening VOC emission limits while
    maintaining the durability of the vehicle
    component has been a hard balance to strike for
    the two-wheeler lubricants market players. FMI
    study finds that manufacturers are heavily
    investing in the development of additive
    technology that not only ensures the delivery of
    required fuel economy but also maintains high
    friction, hardware protection, and durability.

Two-wheeler Lubricants Market Analysis
  • Synthetic Oil to Emerge as the Preferred Option
  • The study opines that two-wheeler lubricants
    market is likely to record a volume CAGR of 4
    during the forecast period. While mineral oils
    continue to account for relatively high sales,
    manufacturers are focusing on increasing the
    production of synthetic and semi-synthetic oils
    to capitalize on growing demand for premium
    synthetic two-wheeler lubricants. Considering the
    incorporation of advanced engine technologies in
    modern vehicles along with greater consumer
    awareness regarding the performance advantages of
    synthetic lubricants, manufacturers are
    specifically focused on non-mineral oils.
  • Moreover, a shift towards premiumization of
    products for increased warranty and extended oil
    drain interval is likely to necessitate the
    increased adoption of synthetic content in
    two-wheeler lubricants. Further, to address
    growing greener fuels and sustainable
    requirements, a number of market players are
    targeted towards the development of effective
    bio-based lubricants.
  • According to the study, the use of two-wheeler
    lubricants in motorcycles, especially mopeds and
    standard varieties, has been on a higher side as
    compared to scooters. With the emergence of
    next-gen motorcycles that facilitate efficient
    clutch operation and require multi-functional
    lubricants, manufactures are focusing on product
    innovations and new developments to deliver
    optimal ride experience.

Two-wheeler Lubricants Market Analysis
  • The study finds that aftermarket sales of
    two-wheeler lubricants account for relatively
    high share than OEM sales, and are expected to
    record a volume Y-o-Y growth of 4.3 in 2019 over
    2018. The need for regular and periodic servicing
    for two-wheelers for their smooth functioning and
    durability, even in poor road infrastructure,
    will continue to drive the aftermarket sales of
    two-wheeler lubricants.
  • As per the study, developing countries in Asia
    Pacific, Latin America, and Africa continue to
    offer greater opportunities due to increased
    mobility and rising disposable income in these
    regions, which are directly correlated to the
    successful penetration of two-wheelers.
    Although North America and Europe two-wheeler
    lubricants markets are not likely to show
    dramatic growth in terms of volume, FMI study
    finds that penetration of synthetic or premium
    lubricants in these regions will be high in the
  • According to the study, one of the key growth
    drivers of the two-wheeler lubricants market is
    lack of public transportation in rural areas
    which has led to a surge in the adoption of
    two-wheelers. Although motorcycle sales have
    shown a sharp decline in developed nations over
    the years, rising interest in motorcycle riding
    for recreational purposes have contributed to the
    soaring need for two-wheeler lubricants in these

Two-wheeler Lubricants Market Analysis
  • The business asset highlights the competitive
    landscape in two-wheelers lubricants market by
    assessing business development strategies of key
    players. The market shows a fair level of
    consolidation, with leading stakeholders placing
    their strategic focus on product innovations and
    firmer geographical footprint.
  • Press-release Source - https//
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    CAGR of 6 in the Period 2019 to 2029

Two-wheeler Lubricants Market Analysis
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    syndicated research reports, custom research
    reports and consulting services which are
    personalized in nature. FMI delivers a complete
    packaged solution, which combines current market
    intelligence, statistical anecdotes, technology
    inputs, valuable growth insights and an aerial
    view of the competitive framework and future
    market trends.
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