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Automotive lubricants market – Competitive Insights, Influencing Factors, Market Size & Forecasting (2016-2028)

07-31-2019 03:54 PM CET | Logistics & Transport

Press release from: QUINCE MARKET INSIGHTS

QMI

QMI

Automotive lubricants market has been witnessing growth, owing to the rising consumer awareness and affordability. Increasing complex designs for automotive engines, transmission systems, is leading to the demand for more advanced lubricants to operate in extreme conditions. Moreover, recycling is another key factor influencing the growth of the automotive lubricants market. The automotive sector has witnessed recovery in a few years. Moreover, lubricants form key constituents of automotive aftermarket consumables. Moreover, the average life of vehicles has expanded to 11 years due to automotive lubricants.

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An automotive lubricant is a substance, typically natural, introduced to carry out two essential tasks. The first one is to control friction and wear, which it does by isolating the two collaborating machine surfaces with a film. The second task is temperature control. The automotive lubricant retains heat, diverts it from the component, and disseminates it in the sump or in a cooler.
The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market, along with identifying major segments and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand for automotive lubricants market

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Market Segmentation:

By Base Oil:

• Mineral Oil Lubricants
• Bio-Based Lubricants
• Synthetic Lubricants
• Semi-synthetic Lubricants

By Vehicle Type:

• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicles (HCVs)
• Passenger Cars
• Other Motor Vehicles

By Application:

• Transmission Fluids (Manual/Automatic)
• Engine Oil
• Gear & Brake Oil
• Coolants
• Greases
• Others

This upcoming study will be published shortly with a focus on key stakeholders in the market. Regions covered in the study include North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World.

For Customize Report: https://quincemarketinsights.com/customize-report-20909

Major Companies Operating in the Market:

• Shell
• ExxonMobil
• TOTAL
• Chevron
• FUCHS
• Valvoline
• Idemitsu Kosan
• Lukoil
• JX Group
• BP Castrol

Contact:

Quince Market Insights
Pune - 411028
Email: sales@quincemarketinsights.com
Website: https://quincemarketinsights.com/
Phone: + 91-2026992033

About Quince Market Insights:

Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments pertaining to market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

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