Vietnam Automotive Engine Oils Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2025 - 2030)

The Report Covers Vietnam Motorcycle Engine Oil Manufacturers and the market is segmented by Vehicle Type (Commercial Vehicles, Motorcycles, Passenger Vehicles) and by Product Grade.

Vietnam Automotive Engine Oil Market Size

View Global Report

Vietnam Automotive Engine Oil Market Analysis

The Vietnam Automotive Engine Oils Market size is estimated at 222.40 million liters in 2025, and is expected to reach 275.70 million liters by 2030, at a CAGR of 4.39% during the forecast period (2025-2030).

  • Largest Segment by Vehicle Type - Motorcycles : Increasing servicing frequencies and the growing motorcycle population in Vietnam are primary reasons for the high engine oil consumption in the motorcycles segment.
  • Fastest Segment by Vehicle Type - Motorcycles : The anticipated robust rebound in motorcycle usage and sales in Vietnam from 2021 is expected to boost motorcycle engine oil consumption over the forecast period.

Vietnam Automotive Engine Oil Industry Overview

The Vietnam Automotive Engine Oils Market is moderately consolidated, with the top five companies occupying 57.59%. The major players in this market are BP Plc (Castrol), Mekong Petrochemical JSC, Petrolimex (PLX), Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).

Vietnam Automotive Engine Oil Market Leaders

  1. BP Plc (Castrol)

  2. Mekong Petrochemical JSC

  3. Petrolimex (PLX)

  4. Royal Dutch Shell Plc

  5. TotalEnergies

  6. *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competitors?
Download PDF

Vietnam Automotive Engine Oil Market News

  • January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
  • April 2021: Motul launched two engine oils, namely CLASSIC EIGHTIES 10W-40 and CLASSIC NINETIES 10W-30, for classic cars manufactured between the 1970s and 2000s.
  • March 2021: Castrol announced the launch of Castrol ON (a Castrol e-fluid range that includes e-gear oils, e-coolants, and e-greases) to its product portfolio. This range is specially designed for electric vehicles.

Vietnam Automotive Engine Oil Market Report - Table of Contents

1. Executive Summary & Key Findings

2. Introduction

  • 2.1 Study Assumptions & Market Definition
  • 2.2 Scope of the Study
  • 2.3 Research Methodology

3. Key Industry Trends

  • 3.1 Automotive Industry Trends
  • 3.2 Regulatory Framework
  • 3.3 Value Chain & Distribution Channel Analysis

4. Market Segmentation

  • 4.1 By Vehicle Type
    • 4.1.1 Commercial Vehicles
    • 4.1.2 Motorcycles
    • 4.1.3 Passenger Vehicles
  • 4.2 By Product Grade

5. Competitive Landscape

  • 5.1 Key Strategic Moves
  • 5.2 Market Share Analysis
  • 5.3 Company Profiles
    • 5.3.1 AP Saigon Petro JSC
    • 5.3.2 BP Plc (Castrol)
    • 5.3.3 Chevron Corporation
    • 5.3.4 ExxonMobil Corporation
    • 5.3.5 Mekong Petrochemical JSC
    • 5.3.6 Motul
    • 5.3.7 Petrolimex (PLX)
    • 5.3.8 PVOIL
    • 5.3.9 Royal Dutch Shell Plc
    • 5.3.10 TotalEnergies
  • *List Not Exhaustive

6. Appendix

  • 6.1 Appendix-1 References
  • 6.2 Appendix-2 List of Tables & Figures

7. Key Strategic Questions for Lubricants CEOs

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Vietnam Automotive Engine Oil Industry Segmentation

By Vehicle Type Commercial Vehicles
Motorcycles
Passenger Vehicles
By Vehicle Type
Commercial Vehicles
Motorcycles
Passenger Vehicles
Need A Different Region or Segment?
Customize Now

Vietnam Automotive Engine Oil Market Research FAQs

How big is the Vietnam Automotive Engine Oils Market?

The Vietnam Automotive Engine Oils Market size is expected to reach 222.40 million Liters in 2025 and grow at a CAGR of 4.39% to reach 275.70 million Liters by 2030.

What is the current Vietnam Automotive Engine Oils Market size?

In 2025, the Vietnam Automotive Engine Oils Market size is expected to reach 222.40 million Liters.

Who are the key players in Vietnam Automotive Engine Oils Market?

BP Plc (Castrol), Mekong Petrochemical JSC, Petrolimex (PLX), Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the Vietnam Automotive Engine Oils Market.

What years does this Vietnam Automotive Engine Oils Market cover, and what was the market size in 2024?

In 2024, the Vietnam Automotive Engine Oils Market size was estimated at 212.64 million Liters. The report covers the Vietnam Automotive Engine Oils Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Vietnam Automotive Engine Oils Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: June 16, 2024

Vietnam Automotive Engine Oil Industry Report

Statistics for the 2025 Vietnam Automotive Engine Oils market share, size and revenue growth rate, created by Mordor Intelligenceâ„¢ Industry Reports. Vietnam Automotive Engine Oils analysis includes a market forecast outlook for 2025 to 2030) and historical overview. Get a sample of this industry analysis as a free report PDF download.

Vietnam Automotive Engine Oil Market Report Snapshots