Global Automotive Lubricants Industry
Global Automotive Lubricants market is expected to grow from $41.26 billion in 2015 to $ 78.96 billion by 2022 with a CAGR of 9.7%. Growth in the sale of vehicles and strict environment regulations are causing the vehicle owners to consume high performance lubricants, which in turn is driving the market demand. Furthermore, high demand from automotive, industrial machinery and construction are expected to drive industry growth over the forecast period. However, volatility in oil prices is hindering the market growth.
North America and Europe are matured markets for automotive lubricants. Asia Pacific is the fastest growing market, strongly driven by the rising demand for cars owing to the growing disposable income in India and China. Engine oil is estimated to command the global automotive lubricants market during the forecast period. Industrial lubricants appeared as the prominent segment. It is attributed to increased industrial production in metal forming, mining and machining industries with capacity expansions having significant demand in the global industry.
Some of the key players in global automotive lubricants market include Amsoil Inc., Blaser Swisslube AG, British Petroleum, Buhmwoo Chemical Ind. Co., Ltd., Castrol, Chevron, Exxon Mobil, Fuchs Group, Idemitsu Oil & Gas Co. Ltd., Kendall (Phillips 66), Luk Oil, Nippon Oil, Pennzoil, Petrobras, PetroChina, PetroFer Chemie, Petronas, Quaker Chemical Corporation, Shell, Sinopec Corp., Total, Valvoline, and Zeller+Gmelin Corporation.
Lubricant Types Covered:
• Gear Oil
• Engine Oil
• Transmission Fluids
• Passenger Vehicle & Motor Oil
• Commercial Automotive
o General Industrial Oils
o Industrial Engine Oils
o Metal Working Fluids
o Process Oils
o Other Industrial Lubricants
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• Aerospace Equipment
• Agricultural Equipment
• Railroad Equipment
• Marine Equipment
• Construction Equipment
• Recreational Equipment
• Motor Vehicles
o Light Vehicles
o Heavy Duty Trucks & Buses
• North America
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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Some Major Points from Table of content:
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.5 Other Key Strategies
10 Company Profiling
10.1 Amsoil Inc.
10.2 Blaser Swisslube AG
10.3 British Petroleum
10.4 Buhmwoo Chemical Ind. Co., Ltd.
10.7 Exxon Mobil
10.8 Fuchs Group
10.9 Idemitsu Oil & Gas Co. Ltd.
10.10 Kendall (Phillips 66)
10.11 Luk Oil
10.12 Nippon Oil
10.16 PetroFer Chemie
10.18 Quaker Chemical Corporation
10.20 Sinopec Corp.
10.23 Zeller+Gmelin Corporation
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