Nigeria’s automotive lubricants market projected to reach $683m by 2023

The “Nigeria Automotive Lubricants Market By Vehicle Type (Passenger Car, Two-Wheeler, LCV, M&HCV & Tractors), By Lubricant Type (Engine Oil, Gear Oil, Grease & Others), By Base Oil, By Demand Category, Competition Forecast & Opportunities, 2013-2023” report has been added to ResearchAndMarkets.com’s offering.

Nigeria automotive lubricants market is projected to reach $ 683 million by 2023

Increasing preference for vehicles for personal mobility and easy access to finance are among the key factors driving sales of automobiles in the country, which in turn is increasing demand for lubricants used in automobiles.

Shifting focus of several companies towards boosting their production base of lubricants, in addition to the rising trend of collaborations between original equipment manufacturers (OEMs) and lubricant manufacturing companies, are expected to aid the country’s automotive lubricants market during the forecast period.

Nigeria Automotive Lubricants Market, 2013-2023 discusses the following aspects of automotive lubricants market in Nigeria:

Some of the major players operating in Nigeria automotive lubricants market areÂ

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