Global Automotive Lubricant Market Size, Status, Growth, Revenue & Report Forecasted by 2026: Fact.MR

Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of automotive lubricant market. The study is titled as “Automotive Lubricant Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global automotive lubricant market.

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Fact.MR’s latest forecast study estimates that the global automotive lubricant market will expand at a value CAGR of 5.4% over the forecast period, 2017-2026. In terms of volume, the report estimates that more than 45,350 Mn Liters of automotive lubricants will be sold globally by the end of 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.

Engine Oil Segment to Demonstrate a Robust CAGR During the Assessment Period

As per the forecasts of Fact.MR, the engine oil segment is poised to touch a value of US$ 76,986 Mn in 2026. This represents a robust CAGR growth during the assessment period 2017-2026. The engine oil segment was estimated to account for more than two-third of the revenue share of the lubricants type segment by 2017. The largest share is contributed by APEJ region in the automotive lubricant market.

Fully Synthetic Oil Segment to Account for More Than One Third of the Revenue Share of the Base Oil Type Segment in 2017

As per the findings of the Fact.MR research report, the fully synthetic oil segment is poised to grow at a moderate CAGR and touch a value of US$ 41,319 Mn in 2026. The fully synthetic oil segment was estimated to account for more than one-third of the revenue share of the base oil type segment by the end of the year 2017 and is forecasted to lose market share by the end of the year 2026.

APEJ is Set to Dominate the Global Automotive Lubricant Market

The Asia Pacific excluding Japan market was estimated expected to dominate the global automotive lubricant market in terms of revenue in the year 2017, and this trend is projected to sustain itself throughout the assessment period. APEJ automotive lubricant market is the most attractive market, growing at a robust CAGR during the assessment period. The APEJ market is forecasted to be valued at US$ 40,236 Mn by the end of the year 2026.

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Table of Content:

1. Global Economic Outlook

2. Global Automotive Lubricant Market – Executive Summary

3. Global Automotive Lubricant Market Overview
3.1. Introduction
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
4. 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

Continued………

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports

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