Passenger Car Motor Oil Market Growth by Top Manufacturers 2021 - Shell, Exxon Mobil, BP, Total, Chevron Corporation, Valvoline

In 2020, the global Passenger Car Motor Oil market size was USD 19650 million and it is expected to reach USD 22200 million by the end of 2026, with a CAGR of 1.8% during 2021-2026.

The Market Research on the “Passenger Car Motor Oil Market 2021-2026”, now available with Market Insights Reports, Introduces systematic details in terms of market valuation, market size, revenue estimation, and geographical spectrum of the business vertical. The Passenger Car Motor Oil market report offers an overview of top company profiles with the business value and demand status of the industry. The report also helps the user to understand the market in terms of its definition, segmentation, market potential, influential trends, and therefore the challenges that the market is facing. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Passenger Car Motor Oil investments from 2021 till 2026.

The prominent players in the Global Passenger Car Motor Oil Market:

Shell, Exxon Mobil, BP, Total, Chevron Corporation, Valvoline, Sinopec Lubricant, CNPC, Petronas Lubricants International, Lukoil, SK Lubricants, FUCHS, and Others.

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Market Overview:

Passenger car motor oil, or PCMO, helps in protecting and improving the overall functioning of engines in passenger cars. The motor oil lubricates the internal combustion engines which reduces the friction created in the moving parts. Passenger car motor oils are made from a combination of base oils that are obtained from petroleum-based hydrocarbons. These oils prevent the occurrence of corrosion and rust as well as obstruct the formation of deposits in the engine.

On account of factors such as increasing population, rising income levels, improving road infrastructure, etc., the sales of passenger cars are rising across both developed and developing regions. This has created a positive impact on the demand of passenger car motor oils. Moreover, across developed regions like Europe and North America, consumers are becoming aware of the benefits offered by high-quality motor oils. For instance, there has been a shift among consumers form mono-grade to multi-grade oils, which offer improved pumpability, mileage and performance efficiency in cold start-up temperatures by reducing the startup lead time. Moreover, passenger car motor oils also provide benefits in terms of reduction of friction and wear, equipment protection, temperature control, increased lifespan and efficiency, and enhance the reliability of engine components.

Based on Types, The Passenger Car Motor Oil Market is segmented into:

Full Synthetic
Synthetic Blend
Conventional
High Mileage

Based on by Viscosity Grade, The Passenger Car Motor Oil Market is segmented into:

Multi Grade
25W-50/25W-60
15W-40/15W-50
20W-40/20W-50
10W-30/10W-40
Mono Grade
SAE 40
SAE 30
SAE 50
SAE 20

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Passenger Car Motor Oil Market these regions, from 2021 to 2026 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia–Pacific (China, Japan, Korea, India, and Southeast).

The revenue of top ten manufacturers accounts about 68% of the total revenue, in 2018. The high-end products mainly come from North America and Europe.

Major Highlights of TOC
Chapter 1: Report Overview 2021-2026
Chapter 2: Global Growth Trends 2021-2026
Chapter 3: Competition Landscape by Key Players
Chapter 4: Industry Analysis by Regions
Chapter 5: Industry Analysis by Type
Chapter 6: Industry Analysis by Applications
Chapter 7: Key Companies Profiled
Chapter 8: Industry Manufacturers Cost Analysis
Chapter 9: Marketing Channel, Distributors, and Customers
Chapter 10: Market Dynamics
Chapter 11: Industry Forecast 2021-2026
Chapter 12: Research Findings and Conclusion
Chapter 13: Methodology and Data Source

Finally, the Passenger Car Motor Oil market report offers a complete and detailed study of the global Passenger Car Motor Oil market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except this, market insight reports will provide customization as per specific demands.

The report has 150+ tables and figures browse the full report description and TOC:

https://www.marketinsightsreports.com/reports/09083235538/passenger-car-motor-oil-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2021-2026?Mode=T18

Customization of the Report: This report will be customized as per your needs for extra data up to 3 companies or 3 countries or nearly 40 analyst hours.

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