Press release
Europe Automotive Engine Oil Market Top Key Players - ExxonMobil Corporation, Valvoline, Inc., Fuchs Petrolub SE, Castrol, Royal Dutch Shell plc, RelaDyne, Pentagon Lubricants Private Limited, HINDUJA GROUP, Chevron Corporation, Total S.A., LUKOIL Oil Com
During the combustion cycle, engine oil reduces friction between numerous engine components. Engine parts do not rub against each other due to the thin layer of oil.
As a result, engine oil has minimal wear. Oxidation of fuels and other lubricants releases acids during combustion. Engine oil neutralizes these acids.
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EUROPE AUTOMOTIVE ENGINE OIL MARKET DYNAMICS
Motor oil in your vehicle reduces metal-to-metal contact, reducing overall friction and damage. Friction is a major source of engine heat in automobiles, which causes additional wear and distortion of moving engine components.
Automotive Engine Oil forms a thin lubricating coating on all metal parts that slides smoothly on each other to reduce friction. Motor oil also removes the smallest particles of dust and other contaminants found in car fuel.
Also blocks the space between the piston and cylinder walls, allowing fuel to be burned more efficiently.
The main reasons for the development of this business are the growth of automobile production and the demand for traditional and synthetic products. Automobile sales have grown steadily in recent years, mainly in Asia Pacific and Europe, as a result of population growth and consumer purchasing power.
EUROPE AUTOMOTIVE ENGINE OIL MARKET SEGMENTATION
The Europe Automotive Engine Oil Market can be segmented into following categories for further analysis.
By Technology Type
• Mineral Based Technology
• Semi Synthetic Lubricant Technology
• Fully Synthetic Lubricant Technology
By Application Type
• Gasoline Based Engine
• Diesel Based Engine
• Petrol based Engine
• Alternative Fuel Based Engine
By Application
• Residential Application
• Commercial Application
• Industrial Application
• High-Capacity User Application
By Vehicle Classification
• Passenger Cars
• LCV
• HCV
• Motorcycle
By Product Sales Conveyance
• OEM
• Aftermarket
RECENT TECHNOLOGICAL TRENDS IN EUROPE AUTOMOTIVE ENGINE OIL MARKET
Cars are made up of moving parts that interact with each other. Friction, which often generates heat, shortens the life of a system, creating additional stresses between mechanical components and increasing the likelihood of catastrophic failure.
Understanding the generation of friction in an automotive engine system is critical to further improving efficiency. Accurate friction modeling and modeling of machine components depend, among other things, on the realistic rheological properties of the lubricant and the properties of the lubricant, the latter of which can change as the machine evolves.
The latest technology is aimed at improving the internal efficiency of engines in automotive systems. Oil Soluble Ionic Liquid (IL) was developed as a motor oil additive to improve the mechanical efficiency of internal combustion engines by 10%.
EUROPE AUTOMOTIVE ENGINE OIL MARKET COMPETITIVE LANDSCAPE
Automotive lubricants are used to minimize friction between contact points and surfaces, such as roads and automobiles, which preserve car parts and consequently improve vehicle performance.
A growing automotive sector, increasing automobile production and increasing disposable income are all driving forces for the development of this market. In addition, the strong prospects in emerging economies and the growing demand for environmentally friendly lubricants are driving the use of automotive lubricants.
EUROPE AUTOMOTIVE ENGINE OIL MARKET COMPANIES PROFILED
• ExxonMobil Corporation
• Valvoline, Inc.
• Fuchs Petrolub SE
• Castrol
• Royal Dutch Shell plc
• RelaDyne
• Pentagon Lubricants Private Limited
• HINDUJA GROUP
• Chevron Corporation
• Total S.A.
• LUKOIL Oil Company
Read More Information: https://mobilityforesights.com/product/europe-automotive-engine-oil-market/
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