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 2018 – 2024

Report ID: BMRC 130 | Number of pages: 200 | Publish Date: May 2019 | Publisher: BMRC | Category: Automotive and Transport

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.

Scope of the Report:

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 Region

North America
U.S.
Canada
Europe
K.
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Brazil
Mexico
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa

Automotive Engine Oil Market Key Players
Castrol
Total Lubricants
Shell
Valvoline
Exxonmobil
Royal Dutch shell plc
Amsoil
Lukoil
Petronas
Others

Table of Content

Chapter – Report Methodology
Research Process
Primary Research
Secondary Research
Market Size Estimates
Data Triangulation
Forecast Model
USP’s of Report
Report Description
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
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
Chapter – Global Automotive Engine Oil Market Analysis: by Technology
Chapter – Global Automotive Engine Oil Market Analysis: by Additives
Chapter – Global Automotive Engine Oil Market Analysis: by Base oil type
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
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
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
Chapter – Market Research and Findings
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