Press release
Global automotive lubricants market is estimated to grow over the forecast period, major key players are Chevron Corporation, Shell, Total SA, Exxon Mobil, Sinopec, Royal Dutch Shell, BP Plc.
Automotive lubricants are mainly used to reduce friction between the components of the vehicle thus increasing the efficiency of the vehicle. Lubricants are also used to absorb the heat generated between the parts of the vehicle and enhance the efficiency of fuel, thus increasing the longevity of the vehicle.
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End-user/Technology
Lubricants are widely used in diesel trucks, passenger cars, and light-duty trucks. They increase the drain interval thus reduces the engine wear. Lubricants are mainly applicable in passenger cars, HMV, LMV, motorbikes.
Market Dynamics
Factors predicted to drive market growth and demand worldwide are as follows
Increased preference of consumers towards easy transportation is a driver for this market
Rise in disposable income has also contributed to the growth
Rising demand for commercial utility vehicles
Challenges faced by this market are as follows
Rising concerns about the environmental hazards due to oil lubricants
Advent of electric vehicle could hamper the lubricants market
Market Segmentation
The global Automotive Lubricants market can be segmented in terms of applications, base oil, and vehicle type. In terms of applications, it can be segmented into
Transmission fluids
Engine oil
Greases
Gear and brake oil
In terms of base oil, it can be segmented into
Semisynthetic Lubricants
Mineral Oil Lubricants
Bio-based Lubricants
Synthetic Lubricants
In terms of vehicle type
Light Commercial Vehicles
Passenger Cars
Heavy Commercial Vehicles
Motorbikes
Regional/Geographic Analysis
The Asia Pacific accounts for the largest market share according to growth and revenue. Due to steady growth rates in the developing nations in Asia Pacific region due to growth in their economy, APAC market is growing. North America and Europe followAsia Pacific in terms of revenue. Also, there are a lot of first-time buyers, which could lead to high sales of passenger cars, driving the demand for automotive lubricants in this region.
Key Players
Some of the major players include Chevron Corporation, Shell, Total SA, Exxon Mobil, Sinopec, Royal Dutch Shell, BP Plc etc.
Buy Now @ https://www.kennethresearch.com/report-purchase-id-10064115
Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
Read More @ https://www.kennethresearch.com/report-details/global-automotive-lubricants-market/10064115
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc.), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Contact Us
Name: David
Email: sales@kennethresearch.com
Phone: +1 313 462 0609
Request For Free Sample @ https://www.kennethresearch.com/sample-request-10064115
End-user/Technology
Lubricants are widely used in diesel trucks, passenger cars, and light-duty trucks. They increase the drain interval thus reduces the engine wear. Lubricants are mainly applicable in passenger cars, HMV, LMV, motorbikes.
Market Dynamics
Factors predicted to drive market growth and demand worldwide are as follows
Increased preference of consumers towards easy transportation is a driver for this market
Rise in disposable income has also contributed to the growth
Rising demand for commercial utility vehicles
Challenges faced by this market are as follows
Rising concerns about the environmental hazards due to oil lubricants
Advent of electric vehicle could hamper the lubricants market
Market Segmentation
The global Automotive Lubricants market can be segmented in terms of applications, base oil, and vehicle type. In terms of applications, it can be segmented into
Transmission fluids
Engine oil
Greases
Gear and brake oil
In terms of base oil, it can be segmented into
Semisynthetic Lubricants
Mineral Oil Lubricants
Bio-based Lubricants
Synthetic Lubricants
In terms of vehicle type
Light Commercial Vehicles
Passenger Cars
Heavy Commercial Vehicles
Motorbikes
Regional/Geographic Analysis
The Asia Pacific accounts for the largest market share according to growth and revenue. Due to steady growth rates in the developing nations in Asia Pacific region due to growth in their economy, APAC market is growing. North America and Europe followAsia Pacific in terms of revenue. Also, there are a lot of first-time buyers, which could lead to high sales of passenger cars, driving the demand for automotive lubricants in this region.
Key Players
Some of the major players include Chevron Corporation, Shell, Total SA, Exxon Mobil, Sinopec, Royal Dutch Shell, BP Plc etc.
Buy Now @ https://www.kennethresearch.com/report-purchase-id-10064115
Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
Read More @ https://www.kennethresearch.com/report-details/global-automotive-lubricants-market/10064115
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc.), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Contact Us
Name: David
Email: sales@kennethresearch.com
Phone: +1 313 462 0609
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