Introduction

To help global large petrochemical enterprises, chemical groups, coal chemical enterprises, and bulk chemical traders efficiently expand into the Vietnamese market, CRI releases the “Vietnam Lubricant Additives Import Guide 2023-2026.” The guide provides an overview of the Vietnamese Lubricant Additives industry, import market, and import company information for the period.

The types of importing companies are diverse, including lubricant manufacturers, oil blending and compounding plants, industrial equipment and machinery companies, and chemical traders. This guide features the top 10 importing companies, including company profiles, contact information, and important information such as import volume, value, price, import resources, and major suppliers for 2023-2026 (including Excel data source).

The publication of the “Vietnam Lubricant Additives Import Guide 2023-2026” aims to provide lubricant additives producers with precise customer acquisition channels, helping them expand into the Vietnamese market more efficiently. It also provides valuable decision-making insights for international trading companies and investment institutions, helping them optimize their regional supply chain strategies. This guide will help suppliers stay abreast of market trends in Vietnam, mitigate potential risks and enhance their international competitiveness.

Industry Overview

Lubricating oil additives are key upstream raw materials in the lubricating oil industry chain, used to improve the performance of base oils, including anti-wear, anti-oxidation, anti-corrosion, detergency and dispersion, and viscosity adjustment.

With the increase in Vietnam’s car ownership, the development of industrial equipment and machinery manufacturing, and the expansion of shipbuilding, energy and infrastructure construction, the demand for high-performance lubricants and industrial oils continues to rise, thereby driving the growth of the lubricant additive market.

Vietnam’s domestic production capacity for lubricant additives remains limited; consequently, the country relies heavily on imports for the majority of its high-end anti-wear agents, antioxidants, and detergent-dispersants. These imported additives primarily serve sectors such as automotive lubricants, industrial oils, marine lubricants, and hydraulic fluids, meeting a diverse range of performance and specification requirements.

Domestic lubricant blending plants and industrial oil manufacturers constitute the primary consumer base in Vietnam. At the same time, chemical raw material distributors play an important role in the market, supplying imported additives to small and medium-sized blending plants and end customers.

As Vietnam’s manufacturing sector undergoes upgrading and infrastructure investment increases, the demand for high-performance lubricants is steadily rising, accompanied by a corresponding increase in reliance on high-end additives.

Looking ahead, with the development of the automotive, industrial machinery, and shipbuilding industries, especially against the backdrop of increasing demand for environmentally friendly and high-performance lubricants, the lubricant additive market is expected to continue to grow.

Import Market Overview

Vietnam’s imports of lubricant additives continue to expand rapidly.

According to CRI analysis, Vietnam’s domestic petrochemical industry base is relatively limited. Production capacity for lubricant additives is insufficient, and domestic market demand for these additives is primarily met through imports.

According to CRI statistics, approximately 150 buyers in Vietnam imported lubricant additives in 2024, totaling US$ 108 million, an increased of 9.0%. In 2025, Vietnam’s total lubricant additives imports reached US$ 118 million, an increased of 10.0% year-on-year.

Singapore, China and Thailand are Vietnam’s top three sources for lubricant additives imports.

According to CRI analysis, Singapore, China, Thailand, United States and South Korea were the top five sources of Vietnam’s lubricant additives imports, accounting for approximately 60.9% , 16.7% , 6.5%, 5.7% and 3.7% of total imports respectively in 2025.

CRI predicts that with the future development of the automotive, industrial machinery and shipbuilding industries, the market size of lubricants is expected to continue to grow, thereby driving a sustained increase in the demand for lubricant additives.

Overview of Foreign Investment in Vietnam’s Lubricant Additives Industry

Investment Background

Vietnam’s petrochemical industry currently possesses a weak foundation. The domestic production capacity of basic chemical raw materials such as lubricant additives is relatively limited. Market supply mainly relies on imports.

With the rapid development of automobile ownership, industrial equipment manufacturing, shipbuilding and infrastructure construction, Vietnam’s demand for high-performance lubricants and specialty industrial oils continues to grow. This presents significant investment opportunities for international chemical companies looking to engage in raw material trading, supply chain services, and chemical material manufacturing within Vietnam.

Foreign companies can meet the local market’s demand for high-performance additives by investing in lubricant additive production or cooperating in compounding bases, while also gaining access to the rapidly growing downstream industry market.

Investment Advantages

1. Political stability and rapid economic development. The Vietnamese government has strong governing capabilities, consistent policies, and a focus on economic development and improving people’s livelihoods.

2. Relatively low labor costs.

3. Strategically located in the eastern part of the Indochina Peninsula, with a 3,260-kilometer coastline and numerous ports, transportation is convenient.

4. Relatively relaxed policies and regulations provide foreign investors with comprehensive legal protections and generous preferential policies.

5. Vietnam has a high level of openness to the outside world, with 19 free trade agreements signed or in progress. Investors can use platforms such as RCEP and the China-ASEAN Free Trade Area to explore a broader international market.

Investment Regulations

According to the Law on Investment of Vietnam and other relevant regulations, the sale of chemical products in Vietnam is not classified as a sector restricted or prohibited for foreign investment. Foreign-invested enterprises may enter the market by establishing either a wholly foreign-owned enterprise or a joint venture. When engaging in chemical production or trading activities, enterprises are required to complete investment registration and business registration procedures, as well as comply with relevant Vietnamese regulations regarding chemical management, product quality standards, and production safety.

Guide Highlights:

Comprehensive Coverage:

This directory includes major importers in Vietnam, including lubricant manufacturers, oil blending and compounding plants, industrial equipment and machinery companies, and chemical traders. .

Detailed Information:

Including basic information of the TOP10 importers, contact information, import quantity, import value, price, import source and main suppliers.

Product Focus:

With data-driven and market-oriented approach, we focus on key industries and conduct in-depth analysis of Vietnam’s import policies, market demand and major sources of imports. Whether you are a foreign trade company, an investment institution, or a practitioner upstream or downstream of the industrial chain, you can quickly find reliable information and practical strategies here.

Efficient Connectivity:

The guide has a clear format and includes Excel data, which facilitates quick screening, group management and batch contact, helping global suppliers to efficiently connect with the Vietnamese market.

Market Value:

The guide includes an overview of Vietnam’s   lubricant additives  industry, an overview of the import market, and a brief analysis of market demand trends, helping global suppliers seize the Vietnamese market and opportunities.

Table of Contents

1 Industry Overview

1.1 Industry Definition and Classification

1.2 Current Status of the Vietnamese Lubricant Additives Industry

1.2.1 Supply Situation of the Vietnamese Lubricant Additives Industry

1.2.2 Downstream Market Demand Situation of the Vietnamese Lubricant Additives Industry

1.3 Overview of Foreign Investment in the Vietnamese Lubricant Additives Industry

2 Import Market Overview

2.1 Import Scale of Lubricant Additives in Vietnam

2.2 Major Import Sources of Lubricant Additives in Vietnam

3 Overview of Importers (2023-2026)

3.1 Importers Overview of Lubricant Additives in Vietnam (2023)

3.1.1 Total Scale of Importers

3.1.2 Top 5 Importers

3.2 Importers Overview of Lubricant Additives in Vietnam (2024)

3.2.1 Total Scale of Importers

3.2.2 Top 5 Importers

3.3 Importers Overview of Lubricant Additives in Vietnam (2025)

3.3.1 Total Scale of Importers

3.3.2 Top 5 Importers

3.4 Importers Overview of Lubricant Additives in Vietnam (2026)

3.4.1 Total Scale of Importers

3.4.2 Top 5 Importers

4 List of the Top 10 Importers in 2026

4.1 Company 1

4.1.1 Introduction to Company 1

4.1.2 Import Status of Company 1, 2023-2026

4.2 Company 2

4.2.1 Introduction to Company 2

4.2.2 Import Status of Company 2, 2023-2026

4.3 Company 3

4.3.1 Introduction to Company 3

4.3.2 Import Status of Company 3, 2023-2026

4.4 Company 4

4.4.1 Introduction to Company 4

4.4.2 Import Status of Company 4, 2023-2026

4.5 Company 5

4.5.1 Introduction to Company 5

4.5.2 Import Status of Company 5, 2023-2026

4.6 Company 6

4.6.1 Introduction to Company 6

4.6.2 Import Status of Company 6, 2023-2026

4.7 Company 7

4.7.1 Introduction to Company 7

4.7.2 Import Status of Company 7, 2023-2026

4.8 Company 8

4.8.1 Introduction to Company 8

4.8.2 Import Status of Company 8, 2023-2026

4.9 Company 9

4.9.1 Introduction to Company 9

4.9.2 Import Status of Company 9, 2023-2026

4.10 Company 10

4.10.1 Introduction to Company 10

4.10.2 Import Status of Company 10, 2023-2026

5 Suggestions of Investment and Cooperation

5.1 Investment Suggestions

5.2 Cooperation Suggestions

List of Chart

Chart 2023-2026 Lubricant Additives Market Size in Vietnam

Chart 2023-2026 Lubricant Additives Import Market Size in Vietnam

Chart 2023-2026 Major Import Sources of Vietnam’s Lubricant Additives

Chart 2023 Lubricant Additives Import Companies and Total Import Value

Chart 2024 Lubricant Additives Import Companies and Total Import Value

Chart 2025 Lubricant Additives Import Companies and Total Import Value

Chart 2026 Lubricant Additives Import Companies and Total Import Value

Chart List of the Top 10 Importing Companies in 2026

Chart Company 1 Profile

Chart Import Scale of Company 1, 2023-2026

Chart Major Import Sources of Company 1, 2023-2026

Chart Major Suppliers of Company 1, 2023-2026

Chart Company 2 Profile

Chart Import Scale of Company 2, 2023-2026

Chart Major Import Sources of Company 2, 2023-2026

Chart Major Suppliers of Company 2, 2023-2026

Chart Company 3 Profile

Chart Import Scale of Company 3, 2023-2026

Chart Major Import Sources of Company 3, 2023-2026

Chart Major Suppliers of Company 3, 2023-2026

Chart Company 4 Profile

Chart Import Scale of Company 4, 2023-2026

Chart Main Import Sources of Company 4, 2023-2026

Chart Main Suppliers of Company 4, 2023-2026

Chart Company 5 Profile

Chart Import Scale of Company 5, 2023-2026

Chart Main Import Sources of Company 5, 2023-2026

Chart Main Suppliers of Company 5, 2023-2026

Chart Company 6 Profile

Chart Import Scale of Company 6, 2023-2026

Chart Main Import Sources of Company 6, 2023-2026

Chart Main Suppliers of Company 6, 2023-2026

Chart Company 7 Profile

Chart Import Scale of Company 7, 2023-2026

Chart Main Import Sources of Company 7, 2023-2026

Chart Main Suppliers of Company 7, 2023-2026

Chart Company 8 Profile

Chart Import Scale of Company 8, 2023-2026

Chart Major Import Sources of Company 8, 2023-2026

Chart Major Suppliers of Company 8, 2023-2026

Chart Company 9 Profile

Chart Import Scale of Company 9, 2023-2026

Chart Major Import Sources of Company 9, 2023-2026

Chart Major Suppliers of Company 9, 2023-2026

Chart Company 10 Profile

Chart Import Scale of Company 10, 2023-2026

Chart Major Import Sources of Company 10, 2023-2026

Chart Major Suppliers of Company 10, 2023-2026

The post Vietnam Lubricant Additives Import Guide 2023-2026 first appeared on CRI Report.