|04-20-2018 10:58 AM CET - Industry, Real Estate & Construction||
Opportunities in Automotive Lubricant Market: More than 45,350 Mn Liters of Automotive Lubricants will be Sold Globally by the end of 2026.
Press release from: Fact.MR
A freshly compiled business intelligent report, titled “Automotive Lubricant Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” has been publicized to the vast archive of Fact.MR online repository. This 170 page study delivers all the vital details and information required to know about automotive lubricants market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.
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According to a recent study published by Fact.MR, the global automotive lubricants market is anticipated to expand at a CAGR of 5.3% in terms of volume during the forecast period, 2017-2026. By the end of 2026, an estimated US$ 113,944 Mn worth of automotive lubricants are pegged to be sold in the global market. The report observes that fluctuating prices of base oils and additives, coupled with increasing customization of automotive parts, will limit the adoption of automotive lubricants to a considerable extent. However, steady sales growth of conventional fuel cars will continue to facilitate a firm consumer base for automotive lubricants through 2026.
4 Insights on How Global Automotive Lubricants Market will Evolve by 2026
1- Gear oil segment in the in the lubricants type category is forecasted to exhibit a robust CAGR during the period of assessment and is estimated to reach a value of nearly US$ 22,400 Mn by the end of 2026. The gear oil segment was expected to account for nearly one-fifth of the revenue share of the lubricants type category by the end of the year 2017.
2- Semi-synthetic oil segment in the base oil type category is forecasted to exhibit a CAGR of 6.1% during the period of assessment and is likely to reach a valuation of nearly US$ 57,800 Mn by 2026 end. The semi-synthetic oil segment was expected to account for nearly half of the revenue share of the base oil type category by 2017 end and is expected to gain market share during the forecast period.
3- The LCV segment in the vehicle type category was forecasted to exhibit a moderate CAGR during the period of assessment and is expected to reach a valuation of nearly US$ 23,525 Mn by the end of 2026. The LCV segment was estimated to account for more than one-fifth of the revenue share of the vehicle type category by 2017 end.
4- The United States automotive lubricant market is likely to reach a value of nearly US$ 21,000 Mn and exhibit a robust CAGR during the period of assessment from 2017 till 2026.
The report has also profiled leading manufacturers of automotive lubricants, which include, Chevron, Valvoline Inc., Fuchs Group, Buhmwoo Chemical Ind. Co., Ltd., Total S.A., Nippon Oil, Royal Dutch Shell plc, British Petroleum, Quaker Chemical Corporation, AMSOIL INC. and Exxon Mobil. These companies will be responsible for almost entire automotive lubricants produced in the world through 2026. Environmental law compliance will continue to remain a challenge for automotive lubricant manufacturers. In the foreseeable future, several market players are likely to explore their capabilities in producing biolubricants for automotive applications.
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Table of Contents:
Global Economic Outlook
Global Automotive Lubricant Market – Executive Summary
Global Automotive Lubricant Market Overview
3.1.1. Global Automotive Lubricant Market Taxonomy
3.1.2. Global Automotive Lubricant Market Definition
3.2. Global Automotive Lubricant Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Automotive Lubricant Market Y-o-Y Growth
3.3. Global Automotive Lubricant Market Dynamics
3.4. Global lubricant market scenario
3.5. Global Automotive Maintenance and Service Aftermarket Industry Scenario
3.6. Global Automotive Lubricant country wise Opportunity Assessment
3.7. Scenario Forecast
3.8. Cost Structure
3.9. Supply Chain
3.10. List of Distributors
3.11. Investment Feasibility Matrix
3.12. Market Competition Structure
3.13. Key Countries Consumption and CAGR
3.14. PESTLE Analysis
3.15. Key Regulations
3.16. Product Life Cycle Analysis
3.17. Porter’s Five Force Analysis
3.18. Key Participants Market Presence (Intensity Map) By Region
Global Automotive Lubricant Market Supply Demand Analysis
4.1. Number of Manufacturers by Region
4.2. Production Volume by Key Players
4.3. Importer Concentration by Region
4.4. Key Participants Market Presence (Intensity Map) By Region
4.5. North America Production, Consumption, Export, Import and Net Trade Outlook
4.6. Latin America Production, Consumption, Export, Import and Net Trade Outlook
4.7. Europe Production, Consumption, Export, Import and Net Trade Outlook
4.8. Japan Production, Consumption, Export, Import and Net Trade Outlook
4.9. APEJ Production, Consumption, Export, Import and Net Trade Outlook
4.10. MEA Production, Consumption, Export, Import and Net Trade Outlook
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