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Automotive Engine Oil Market

Automotive Engine Oil Market Size, Share & Trends Analysis Report

Automotive Engine Oil Market Size, Share & Trends Analysis Report By Technology (Premium Conventional Engine Oil, Full Synthetic Engine Oil, Synthetic Blend Engine Oil, Higher Mileage Engine Oil), By Additives (Dispersants, Friction Modifiers, Anti-Wear Agents, Pour Point Depressants), By Base Oil Type (Synthetic, Mineral)Based On Region, And Segment Forecasts, 2022- 2028

Published
Report ID : BMRC 130
Number of pages : 300
Published Date : Nov 2022
Category : Automotive And Transport
Delivery Timeline : 48 hrs

Global Automotive Engine Oil Market is valued at USD 35.07 Billion in 2021 and expected to reach USD 43.43 Billion by 2028 with a CAGR of 3.10% over the forecast period.

Scope of Automotive Engine Oil Market

Automotive Engine Oil Market report published by the Brandessence Market Research and Consulting Pvt. Ltd. provides the detail information about Automotive Engine Oil market from various aspects. This report consists of drivers, challenges and opportunities which help the market to grow over the analysis period and recent trends which supports the growth of market.

Automotive engine oil is a lubricant applied in internal combustion engines, which works as the protector of the engine. In engine when moving parts like piston, gears, crank shaft come in to contact with each other creates friction which waste energy in the form of heat, converted from kinetic energy. This phenomenon also wears and tear away the engine leads to failure of engine. To solve this problem the automobile industry use engine oil which consists of base oil with additives. The engine oil creates a separating film between moving parts to minimize direct contact between them, decreases heat caused by friction, and reduces wear, thus protects the engine.

The regions covered in this Automotive Engine Oil market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Mobile Mapping is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Some Major Players Operating On Automotive Engine Oil Market

  • Castrol
  • Total Lubricants
  • Shell
  • Valvoline
  • Exxonmobil
  • Royal Dutch shell plc
  • Amsoil
  • Lukoil
  • Petronas

Major Factors for Automotive Engine Oil Market

There are various factors that drives the automotive engine oil factor, one of them is increase in demand of the automobiles in developing countries like China, India, Brazil, Turkey. Other factors are growth in infrastructure, increase in mobility due to rapid urbanization, mega cities, satellite towns etc., increasing disposal income, aspiration of owning a vehicle and growth in logistics sector. Due to cultures like DIY (DO It Yourself) and DIFM (Do It for Me), in which vehicle owner either repair automobiles by their own or take it to professional facility also drives this market. Synthetic engine oil is also another factor which drives the market because it meets the demands like highly efficient engine, lower traction coefficient, reduced power consumption, increased service life, reduced flammability, and reduced wear and tear. With the advancement of technology in engine oil, the oil change interval for truck comes to 40,000 km and expected to increase further which decreases consumption of engine oil restricting the growth. Other restrictions are increasing supply of counterfeit oils, law and regulation on using low efficient engine oils etc. use of low viscosity lubricants and use of packaged engine oil like synthetic blend motor oil which can be easily refined are the opportunities of this market.

Automotive Engine Oil Segmentation

By Technology

  • Premium Conventional engine Oil
  • Full Synthetic engine Oil
  • Synthetic Blend engine Oil
  • Higher Mileage engine Oil

By Additives

  • Dispersants
  • Friction modifiers
  • Anti- wear agents
  • Pour point depressants
  • Foam inhibitors
  • Anti-oxidants

By Base Oil Type

  • Synthetic
  • Mineral

By Rrgional Analysis

North America
• U.S.
• Canada

Europe
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific
• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America
• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis Details
Historical data 2018 - 2021
Forecast Period 2022 - 2028
Market Size in 2021: USD 35.07 Billion
Base year considered 2021
Forecast Period CAGR %: 3.10%
Market Size Expected in 2028: USD 43.43 Billion
Tables, Charts & Figures: 175
Pages 300
Key Players/Companies Castrol,Total Lubricants,Shell,Valvoline,Exxonmobil,Royal Dutch shell plc,Amsoil,Lukoil,Petronas
Segments Covered By Technology ,By Additives ,By Base Oil Type
Regional Analysis North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
SUMMARY
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Segmentation
Segments

By Technology-

  • Premium Conventional engine Oil
  • Full Synthetic engine Oil
  • Synthetic Blend engine Oil
  • Higher Mileage engine Oil

By Additives-

  • Dispersants
  • Friction modifiers
  • Anti- wear agents
  • Pour point depressants
  • Foam inhibitors
  • Anti-oxidants

By Base Oil Type-

  • Synthetic
  • Mineral
Country
Regions and Country

North America

  • U.S.
    U.S.
  • Canada
    Canada

Europe

  • Germany
    Germany
  • France
    France
  • U.K.
    U.K.
  • Italy
    Italy
  • Spain
    Spain
  • Sweden
    Sweden
  • Netherlands
    Netherlands
  • Turkey
    Turkey
  • Switzerland
    Switzerland
  • Belgium
    Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
    South Korea
  • Japan
    Japan
  • China
    China
  • India
    India
  • Australia
    Australia
  • Philippines
    Philippines
  • Singapore
    Singapore
  • Malaysia
    Malaysia
  • Thailand
    Thailand
  • Indonesia
    Indonesia
  • Rest of APAC

Latin America

  • Mexico
    Mexico
  • Colombia
    Colombia
  • Brazil
    Brazil
  • Argentina
    Argentina
  • Peru
    Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
    Saudi Arabia
  • UAE
    UAE
  • Egypt
    Egypt
  • South Africa
    South Africa
  • Rest of MEA
Company
Key Players
  • Castrol
  • Total Lubricants
  • Shell
  • Valvoline
  • Exxonmobil
  • Royal Dutch shell plc
  • Amsoil
  • Lukoil
  • Petronas

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