Automotive Lubricants Development Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
"Automotive
Lubricants Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
Global
Automotive Lubricants Market: Overview
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.
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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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