Latest
industry research report on: Automotive Lubricants Market : Industry
Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth,
Segmentation, Parameters, Forecasts
Automotive lubricants
are predominantly used to reduce friction and gain smooth functioning
of a vehicle. Examples of automotive lubricant products are engine oil,
gear oil, transmission fluid, greases, coolants, bearing oil, brake
fluid, etc. Engine oil is estimated to expand at a significant rate
during the forecast period due to increasing number of vehicles.
Stringent environmental regulations on emissions across the globe is
estimated to influence use of synthetic or bio-based lubricants over
mineral oil based lubricants. Asia Pacific is likely to have a major
share in consumption of automotive lubricants during the forecast
period.
Global Automotive Lubricants Market: Scope of the Study
The
report estimates and forecasts the automotive lubricants market on the
global and regional levels. The study provides forecast between 2016 and
2024 based on volume (million tons / kilo tons) and revenue (US$ Bn /
US$ Mn) with 2015 as the base year. The report comprises an exhaustive
value chain analysis for each of the segments. It provides a
comprehensive view of the market. Value chain analysis also offers
detailed information about value addition at each stage.
The
study includes drivers and restraints for the automotive lubricants
market along with their impact on demand during the forecast period. It
also provides key market indicators affecting the growth of the market.
Further,
the report analyzes opportunities in the automotive lubricants market
on the global and regional level. Drivers, restraints, and opportunities
mentioned in the report are justified through quantitative and
qualitative data. These have been verified through primary and secondary
resources. Furthermore, the report analyzes substitute analysis of
automotive lubricants and global average price trend analysis.
Global Automotive Lubricants Market: Research Methodology
The
report includes Porter’s Five Forces Model to determine the degree of
competition in the automotive lubricants market. The report comprises a
qualitative write-up on market attractiveness analysis, wherein
end-users and regions have been analyzed based on attractiveness for
each region. Growth rate, market size, raw material availability, profit
margin, impact strength, technology, competition, and other factors
(such as environmental and legal) have been evaluated in order to derive
the general attractiveness of the market. The report comprises price
trend analysis for automotive lubricants between 2016 and 2024.
Secondary
research sources that were typically referred to include, but were not
limited to, company websites, financial reports, annual reports,
investor presentations, broker reports, and SEC filings. Other sources
such as internal and external proprietary databases, statistical
databases and market reports, news articles, national government
documents, and webcasts specific to companies operating in the market
have also been referred for the report.
In-depth
interviews and discussions with a wide range of key opinion leaders and
industry participants were conducted to compile this research report.
Primary research represents the bulk of research efforts, supplemented
by extensive secondary research. Key players’ product literature, annual
reports, press releases, and relevant documents were reviewed for
competitive analysis and market understanding. This helped in validating
and strengthening secondary research findings. Primary research further
helped in developing the analysis team’s expertise and market
understanding.
Global Automotive Lubricants Market: Segmentation
The
study provides a comprehensive view of the automotive lubricants market
by dividing it into product, base oil, vehicle type, distribution
channel, and geography segments. The products have been segmented into
engine oil, gear oil and transmission fluid. The base oils are segmented
into mineral oil, synthetic oil and bio-based oil.
Based
on the vehicle type, the market is segmented into passenger car (PC),
light-weight commercial vehicle (LCV) and heavy-weight commercial
vehicle (HCV). The distribution channels are segmented into OEM and
aftermarket. These segments have been analyzed based on historic,
present, and future trends.
Regional
segmentation includes the current and forecast consumption of
automotive lubricants in North America, Latin America, Europe, Asia
Pacific, and Middle East & Africa (MEA). Market segmentation
includes demand for consumption in all the regions individually.
Companies Mentioned in the Report
The
report covers detailed competitive outlook that includes market share
and profiles of key players operating in the global market. Key players
profiled in the report include Royal Dutch Shell plc, ExxonMobil
Corporation, BP p.l.c., Chevron Corporation and Others. Company profiles
include attributes such as company overview, number of employees, brand
overview, key competitors, business overview, business strategies,
recent/key developments, acquisitions, and financial overview (wherever
applicable).
The global refinery catalysts market has been segmented as follows:
Automotive Lubricants Market – Product Analysis
- Engine oil
- Gear oil
- Transmission fluid
Automotive Lubricants Market – Base oil Analysis
- Mineral oil
- Synthetic oil
- Bio-based fluid
Automotive Lubricants Market – Vehicle type Analysis
- Passenger car (PC)
- Light-weight Commercial Vehicle (LCV)
- Heavy-weight Commercial Vehicle (HCV)
Automotive Lubricants Market – Distribution channel Analysis
- Original Equipment Manufacturer (OEM)
- Aftermarket
Automotive Lubricants Market – Regional Analysis
- North America
- U.S.
- Canada
- Europe
- U.K.
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
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