Press release
Commercial Vehicle Lubricants Market Top Key Players – Repsol, Castrol, ELF India, ExxonMobil Lubricants, Deronex Lubricants, Cargill India, A One Lubricants, GS Caltex Pvt Ltd, Kluber Lubricants, Petronas Lubricants
Lubricants operationalise the major roles of controlled friction and wear in the engine, protection of engine from rusting, pistons cooling, and they protect the engine oil stored in the sump from combustion gases. Approximately, 75%-95% of a typical engine lubricant is made up of a base oil – a mineral oil that has come directly from a refinery.
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COMMERCIAL VEHICLE LUBRICANT MARKET DYNAMICS
Automotive manufacturers made significant efforts to achieve an overall increase in energy efficiency and to reduce the toxic emission level. In the way to achieve these goals, non-conventional engine technologies were brought to the market with improved efficiency and controlled emission systems. Numerous other supporting technologies which include biofuels and newly improved lubricants were also involved to contribute to automotive engine system improvement.
The recent manoeuvring in the market dynamics has been towards electric mobility, wherein the requirement of lubrication fuel exists in these commercial electric vehicles. The future success of electric mobility is the right sealing technology for a fully integrated electric powertrain. Lubricants and seals always interact very closely. Both are part of a tribological system, and their mutual compatibility is indispensable for both to function.
COMMERCIAL VEHICLE LUBRICANT MARKET SEGMENTATION
The Global Market of Commercial Vehicle Lubricant can be segmented into following categories for further analysis.
By Product Application
• Engine Lubricant
• Brake Lubricant
• Transmission Lubricant
• Gear Lubricant
• Other Mechanical Moving Parts Lubricants
By Commercial Type
• Light Commercial Vehicle
• Heavy Commercial vehicle
• Ultra-Heavy Commercial vehicles
• Special Vehicles
By Engine Platform Type
• Electric Mobility engines
• SI Engine
• CI Engine
• Special Engines
By Lubricant Formation Type
• Mineral based oil
• Grease based oil
• Semi Fluid Based oil
• Solid based oil
• Semi solid based oil
• Additives oil
• Synthetic processed oil
By Regional Classification
• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region
RECENT TECHNOLOGICAL TRENDS IN COMMERCIAL VEHICLE LUBRICANT MARKET
Improving environmental friendliness, reliability, durability and energy efficiency is of significant interest in the field of automotive industries. New techniques are being developed which include introducing new lightweight materials, less harmful along with controlled combustion of fuels, and effective lubrication which controls the environmental problems brought by the vehicles.
The New technology and integration of material sciences has brought upon the usage of lubricants as a coolant function within the vehicular population and operational mechanism. Most of the lubricants that are produced do not have all the tribological properties. It was found that various additives are used along with the lubricants in order to improve its tribological properties.
COMPETITIVE LANDSCAPE
The current engine lubricants used in internal combustion engines (ICE) are responsible for reducing engine friction losses and contact wear. Therefore, the impact of engine oil viscosity and aging is of prime interest with regard to the motion of passenger cars and commercial vehicles in the global scenario.
The lifeblood of an engine is its oil, and all these changes are taking the demands of oil to new extremes. Fortunately, there has been enough access to the best oil technology that has developed a revolutionary process of turning natural gas, an exceptionally clean and consistent product, into an extremely pure base oil.
COMPANIES PROFILED
Repsol
Castrol
ELF India
ExxonMobil Lubricants
Deronex Lubricants
Cargill India
A One Lubricants
GS Caltex Pvt Ltd
Kluber Lubricants
Petronas Lubricants
Read More Information: https://mobilityforesights.com/product/commercial-vehicle-lubricant-market/
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Company Name: Mobility Foresights
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We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment.We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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