Global Heavy Duty Motor Oil Market : Competitive Insight and Key Drivers Analysis - BASF, Chevron Oronite, Lubrizol, Chemtura, Evonik, Croda

Qyresearchreports include new market research report Global Heavy Duty Motor Oil Market Insights, Forecast to 2025 to its huge collection of research reports.

HDMO refers to motor oils for diesel engines used in highway vehicles and in mining and agricultural equipment. HDMO reduces friction and wear and tear of the moving engine's crankshaft, connecting rods, bearings, and pistons. It also serves as an effective coolant while inhibiting the formation of deposits and preventing rust and corrosion.

The growing awareness of energy efficiency has been one of the key drivers behind the growth of this market. The increasing vehicle population and growth in construction and manufacturing industries is also expected to boost the market growth of HDMOs.

However, the increased adoption of hybrid electric vehicles (HEV) is expected to pose a challenge to the growth of the HDMO market. The growing environmental regulations and pollution control measures are leading to the increasing prominence of HEVs that are energy efficient, environmental friendly and provide increased acceleration and less maintenance. This research report anticipates that in 2015, the number of hybrid trucks and buses is going to increase more than ten times from the 10000 vehicles that were sold during 2010.

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APAC was the largest consumer for HDMOs with a market share of around 44% during 2014. The development of advanced engine technologies has been the key driver in this region. The demand for lower exhaust emissions and more fuel efficiency vehicles have also contributed to the growth of HDMO in this region.

The Heavy Duty Motor Oil market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Heavy Duty Motor Oil.

This report presents the worldwide Heavy Duty Motor Oil market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
BASF
Chevron Oronite
Lubrizol
Chemtura
Evonik
Croda
Huntsman
Multisol
Total

Heavy Duty Motor Oil Breakdown Data by Type
Synthetic Oil
Synthetic Blends
Conventional Oil
High-mileage Oil

Heavy Duty Motor Oil Breakdown Data by Application
Buses and Vans
Trucks
Tractors
Cars and Light-Duty Vehicles
Power Generation

Heavy Duty Motor Oil Production by Region
United States
Europe
China
Japan
Other Regions

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Heavy Duty Motor Oil Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Heavy Duty Motor Oil status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Heavy Duty Motor Oil manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Heavy Duty Motor Oil market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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