Automotive Engine Oil

Automotive Engine Oil Market 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), Industry Analysis, Trends, and Forecast 2020-2025

  • Report ID: BMRC 130 | Number of pages: 200 | Publish Date: Mar 2019
    Status: Published | Category: Automotive And Transport | Delivery Timeline: 48 hrs


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Market Size Graph


"Automotive Engine Oil Market is valued at USD 6062.57 Million in 2017 and expected to reach USD 7120.80 Million by 2024 with the CAGR of 2.32% over the forecast period."

The increase in demand of automobiles in developing countries is the driving factor of Automotive Engine Oil Market.

Automotive Engine Oil Market Some of the Major Players Operating

Automotive Engine Oil Market Share top 9 key Vendors participants are,

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

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.

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.



Global Automotive Engine Oil market report covers prominent players like Valvoline, Wurth Triathlon, Castrol, Mobil, Total Lubricants, Shell, Sinopec, BP Plc, Exxonmobil, Royal Dutch shell plc, Shell, Fuchs, Lukoil, Agip Synthetic PC, ProCare Lubricants, Amsoil, Petronas, Pennzoil, Motul, Havoline and others.

Automotive Engine Oil Market 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 Regional & Country Analysis

North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa


Frequently Asked Questions (FAQ) :
Report covers prominent players like Valvoline, Wurth Triathlon, Castrol, Mobil, Total Lubricants, Shell, Sinopec, BP Plc, Exxonmobil, Royal Dutch shell plc, Shell, Fuchs, Lukoil, Agip Synthetic PC, ProCare Lubricants, Amsoil, Petronas, Pennzoil, Motul, Havoline and others.
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.
Automotive Engine Oil Market is valued at USD 6062.57 Million in 2017 and expected to reach USD 7120.80 Million by 2024 with the CAGR of 2.32%. More Detail



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Automotive Engine Oil Market Share | Industry Trends & Size (2018-2024) and Analysis 2019-2025

report cover

Table of Content

1. Chapter – Report Methodology

Research Process

Primary Research

Secondary Research

Market Size Estimates

Data Triangulation

Forecast Model

USP’s of Report

Report Description

2. Chapter – Global Automotive Engine Oil Market Overview: Qualitative Analysis

Market Introduction

Executive Summary

Global Automotive Engine Oil Market Classification

Market Drivers

Market Restraints

Market Opportunity

Automotive Engine Oil Market: Trends

Porter’s Five Forces Analysis

Bargaining Power of Suppliers

Bargaining Power of Consumers

Threat of New Entrants

Threat of Substitute Product and Services

Competitive Rivalry within the Industry

Market Attractiveness Analysis

Market Attractiveness Analysis by Segmentation

Market Attractiveness Analysis by Region

3. Chapter – Global Automotive Engine Oil Market Overview: Quantitative Analysis

Global Automotive Engine Oil Market Revenue (USD Million), Market Share (%) and Growth Rate (%), 2014- 2024

Global Automotive Engine Oil Market Consumption (Thousand litre), Market Share (%) and Growth Rate (%), 2014- 2024

4. Chapter – Global Automotive Engine Oil Market Analysis: by Technology

5. Chapter – Global Automotive Engine Oil Market Analysis: by Additives

6. Chapter – Global Automotive Engine Oil Market Analysis: by Base oil type

7. Chapter – Global Automotive Engine Oil Market Analysis: by Manufacturer

Global Automotive Engine Oil Market Revenue (USD Million), by Manufacturer, 2014 – 2024

Global Automotive Engine Oil Market Consumption (Thousand litre), by Manufacturer, 2014 – 2024

Global Automotive Engine Oil Market Share (%), by Manufacturer, 2017

Global Automotive Engine Oil Market Price (USD/Unit), by Manufacturer, 2014 – 2024

Global Automotive Engine Oil Market Revenue Growth Rate (%), by Manufacturer, 2014 – 2024

Merger & Acquisition

Collaborations and Partnership

New Product Launch

8. Chapter – Automotive Engine Oil Market: Regional Analysis

North America

North America Automotive Engine Oil Market Revenue (USD Million) and Growth Rate (%), 2014 – 2024.

North America Automotive Engine Oil Market Revenue (USD Million) By Country, 2014 – 2024.

North America Automotive Engine Oil Revenue Market Share (%) By Country, 2014 – 2024.

North America Automotive Engine Oil Market Consumption (Thousand Litre) and Growth Rate (%), 2014 – 2024.

North America Automotive Engine Oil Market Consumption (Thousand Litre) By Country, 2014 – 2024.

North America Automotive Engine Oil Consumption Market Share (%) By Country, 2014 – 2024.

Europe

Asia Pacific

Africa

Middle East & Africa

9. Chapter – Company Profiles

Valvoline

Overview

Financials

Product portfolio

Automotive Engine Oil Market Revenue (USD Million), Consumption (K Unit) and Market Share (%), 2014 – 2017

Automotive Engine Oil Sales Market Share (%), 2014 – 2017

Business strategy

Recent developments

Castrol

Total Lubricants

Shell

Exxonmobil

Royal Dutch shell plc

Amsoil

Lukoil

Petronas

Others

10. Chapter – Market Research and Findings

Automotive Engine Oil Market 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), Industry Analysis, Trends, and Forecast 2020-2025

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