INDIA TRACTOR LUBRICANTS MARKET

INTRODUCTION

The tractor is one of the most essential instruments used in agriculture for various purpose like tilling, seeding, harvesting, and carrying. To make sure that the tractor continues to move and run smoothly, it is important to use the right amount of lubricants to keep its engine parts functioning properly.

Tractor lubricants provide a barrier of protection between metal surfaces, reduces friction and prevents excessive wear and tear.

Tractor lubricants are typically made up of a mixture of chemical compounds and are available in conventional oil, partial-synthetic oil, and fully-synthetic oil forms.

Conventional oil is made up of crude oil and certain additives that attack dirt, carbon deposits, and acids to reduce wear and tear. Partial-synthetic oils use a mixture of synthetic and mineral oil while fully-synthetic oils are made from chemicals and do not contain any mineral oils.

The selection of tractor lubricants will depend upon the complexity of the engine, the type of job it is being used for and the climate. Generally, viscous engine oils are the most popular lubricants used in tractors.

It is often advised to use high-grade oils that can withstand temperature fluctuations, as extreme temperatures can significantly reduce the efficiency and lifespan of the engine.

Tractor lubricants also help in reducing heat build-up during intensive usage and can help extend the engine life. Moreover, since dirt and debris are always present in the engine, selecting the right viscosity grade and selecting the right lubricant brand can go a long way in protecting the engine from wear and tear.

INDIA TRACTOR LUBRICANTS MARKET SIZE AND FORECAST

The India tractor lubricants market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

NEW PRODUCT LAUNCH

Tractors are multipurpose machines with many uses even outside of the farm. Over the years, non-agricultural use of tractors has been growing rapidly while its agricultural use has been decreasing. Tractors are a common sight at construction sites, transporting iron, cement, sand, and other construction materials. Valvoline Cummins Private Limited, a 50-50 joint venture between Valvoline International Inc. U.S.A.

and Cummins India Ltd., has launched Valvoline All Fleet Turbo Plus (Haulage Expert) for heavy-use high HP tractors on road and other agricultural allied operations. These heavy-duty applications put engines under extreme strain, which shortens their lifespan, raises maintenance costs, makes them more prone to frequent breakdowns, and damages vital engine parts. Conventional mineral oils have historically held up well to these difficulties, but with the evolution of tractors, modern tractors require more sophisticated protection. 

RECENT DEVELOPMENT

A specially formulated lubricant called Universal Tractor Transmission Oil has been introduced by Bharat Petroleum Corporation Ltd (BPCL) in the Punjab and Haryana market, which is one of the most promising ones for tractor manufacturers. In addition, the business intends to launch the product throughout India during the following six months.

The product was first introduced in Punjab and Haryana, two of the country's largest markets, and will later be introduced in additional markets throughout India. The product will be offered through our Bazaar Channel distribution network as well as all BPCL retail locations. Based on responses to an internal market survey indicating a need for this kind of universal tractor transmission oil, the new product has been released. 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many tractor lubricants are manufactured per annum India? Who are the sub-component suppliers in different regions?
2. Cost breakup of a India tractor lubricants and key vendor selection criteria
3. Where are the tractor lubricants manufactured? What is the average margin per unit?
4. Market share of India tractor lubricants market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture India tractor lubricants in-house
6. key predictions for next 5 years in India tractor lubricants market
7. Average B-2-B tractor lubricants market price in all segments
8. Latest trends in tractor lubricants market, by every market segment
9. The market size (both volume and value) of the tractor lubricants market in 2024-2030 and every year in between?
10. Production breakup of tractor lubricants market, by suppliers and their OEM relationship