Press release
Global Automotive Lubricants Aftermarket Market Insights, Technology & Developments 2018
Automotive Lubricant is a substance made of base oil, which is derived from crude oil, and additive package. The base oil used in lubricant formulations is of mineral, synthetic, and semi-synthetic in nature and significantly determines the properties of finished lubricants. Additives are added to the base oil to impart various properties and improve its performance. Lubricant additives are inorganic and organic compounds that are dissolved or suspended as solids in lubricants or base oils. The aftermarket for automotive lubricants deals with lubricants required or consumed by an automotive vehicle after its purchase over its lifespan. Lubricants are used for their ability to increase the operating lifespan of mechanical parts. They can also eliminate any residue deposited over mechanical parts.
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The report includes detailed value chain analysis, which provides a comprehensive view of the global automotive lubricants aftermarket. Porter’s Five Forces model for the automotive lubricants aftermarket has also been included to help understand the market from the perspective of various stakeholders involved in the value chain. The study encompasses market attractiveness analysis, where in types and application are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global automotive lubricants aftermarket by segmenting it in terms of type and application. In terms of type, the automotive lubricants aftermarket can be classified into engine oil, gear oil, transmission fluid, and others. In terms of application, it can be segmented into passenger cars and commercial vehicles. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for aftermarket automotive lubricants in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides the actual market size of automotive lubricants aftermarket for 2017 and estimated market size for 2018, with forecast for the next eight years. The global automotive lubricants aftermarket has been provided in terms volume and revenue. Market volume has been defined in kilo tons and revenue in US$ Mn. Market numbers have been estimated based on type and application of aftermarket automotive lubricants. Market volume and size have been provided in terms of global, regional, and country level.
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The global automotive lubricants aftermarket can be segmented as follows:
Automotive Lubricants Aftermarket, by Type
Engine Oil
Gear Oil
Transmission Fluid
Others
Automotive Lubricants Aftermarket, by Application
Passenger Cars
Commercial Vehicles
Automotive Lubricants Aftermarket, Regional Analysis
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Russia
Rest of Europe
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Asia Pacific
China
India
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa (MEA)
GCC
South Africa
Rest of Middle East & Africa
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