global-automotive-lubricants-market Global Automotive Lubricants Market

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Global Automotive Lubricants Market

  • Published Date: 21 Nov 2018
  • Number of Pages: 175
  • Category: Automotive and Parts
  • Country: Global
Automotive lubricants are mainly used to reduce friction between the components of thevehicle 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.


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, 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, ExxonMobil, Sinopec, Royal Dutch Shell, BP Plc etc.

Report Contents:

> 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

Regional Analysis:

> 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.

Report Highlights:

> 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

Publisher Name : Market Litmus

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