Automotive Lubricants Market – Industry Analysis and Forecast (2016-2024)
Automotive Lubricants Market was valued at 67.79 billion in 2016, exhibiting a CAGR of 4.75% during 2016-2024
Automotive Lubricants Market are used to decrease friction between two surfaces of a vehicle and represent the innovative technologies, which are capable of delivering developed durable surfaces thereby making most of the overall efficiency while meeting environmental norms. These lubricants also help in controlling the vehicle temperature by absorbing the heat generated by moving parts of the vehicle and transferring it to the sump or cooler.
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Automotive Lubricants Market is segmented by product, base oil, distributor channel, vehicle type, and region. On the basis of product, the Automotive Lubricants Market is classified into engine oil, gear & transmission oil. By base oil, a segment is categorized into mineral oil, synthetic and bio-based fluid. By vehicle type, it is divided into passenger cars, light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs).
Light commercial vehicles segment is expected to register a significant growth rate during the forecast period. Asia-Pacific (APAC) accounted for a greater share, holding more than 44% share of total revenue in 2016, followed by Europe and North America.
Emerging countries in APAC are expected to register stable growth rates because of overall economic growth. Moreover, growth in investments by key manufacturers in APAC is an additional key aspect that drives the Automotive Lubricants Market growth.Automotive Lubricants Market
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Scope of the Global Automotive Lubricants Market
Global Automotive Lubricants Market, by Application
• Transportation
• Industrial Machinery & Equipment
Global Automotive Lubricants Market, by Product
• Engine oil
• Gear oil
• Manual Transmission Fluid
• Brake Fluids
• Coolants and Greases
Global Automotive Lubricants Market, by Base Oil
• Mineral oil Lubricants
• Synthetic and Semi-Synthetic Oil Lubricants
• Bio-Based Oil Lubricants
Key Players Operating in the Global Automotive Lubricants Market
• Royal Dutch Shell Plc.
• Exxon Mobil Corporation
• Total S.A.
• BP Plc.
• Chevron Corporation
• PetroChina Company Limited
• Valvoline
• BASF SE
• Indian Oil Corporation Ltd.
• FUCHS Lubricants.
• Chevron Corporation
• KMG Chemicals
• Oryx Energies
• KenolKobil
• Oil Libya
• Sinopec
MAJOR TOC OF THE REPORT
Chapter One: Automotive Lubricants Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Automotive Lubricants Market Competition, by Players
Chapter Four: Global Automotive Lubricants Market Size by Regions
Chapter Five: North America Automotive Lubricants Revenue by Countries
Chapter Six: Europe Automotive Lubricants Revenue by Countries
Chapter Seven: Asia-Pacific Automotive Lubricants Revenue by Countries
Chapter Eight: South America Automotive Lubricants Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Automotive Lubricants by Countries
Chapter Ten: Global Automotive Lubricants Market Segment by Type
Chapter Eleven: Global Automotive Lubricants Market Segment by Application
Chapter Twelve: Global Automotive Lubricants Market Size Forecast (2019-2026)
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