Press release
Automotive Engine Oil Market Is Expected To Drive The Industry Exponentially In The Forecast Period
The global automotive engine oil market size is expected to grow from $38.57 billion in 2021 to $41.07 billion in 2022 at a compound annual growth rate (CAGR) of 6.5%. The global automotive engine oils market size is expected to reach $47.79 billion in 2026 at a CAGR of 3.9%.The Business Research Company offers the Automotive Engine Oil Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The automotive engine oil market consists of the sale of automotive engine oil by entities (organizations, partnerships, and sole proprietors) that are used to reduce friction between the engine parts and cool down the automotive engine. Automotive engine oil is a type of oil used to lubricate the engine and other internal engine parts of a vehicle. For an engine to run smoothly throughout time, automotive engine oil performs a variety of functions such as lubrication, cleaning, cooling, and so on.
Some key automotive engine oil market players are Exxon Mobil Corporation, Valvoline Inc., Fuchs Petrolub SE, Castrol, Shell Plc, Chevron Corporation, BP Plc, TotalEnergies SE, Sinopec Group, MOTUL SA, Petroliam Nasional Berhad, Pentagon Lubricants, Eni S.p.A., Hinduja Group, and Saudi Aramco.
The countries covered in the global automotive engine oil market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global automotive engine oil market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Automotive Engine Oil Market Segmentation:
By Grade
1. Mineral
2. Synthetic
3. Semi-Synthetic
By Engine
1. Gasoline
2. Diesel
3. Alternative Fuel
By Technology
1. Premium Conventional Engine Oil
2. Full Synthetic Engine Oil
3. Synthetic Blend Engine Oil
4. Higher Mileage Engine Oil
By Application
1. Passenger Vehicles
2. LCV
3. HCV
4. Two-Wheelers
See more on the report at https://www.thebusinessresearchcompany.com/report/automotive-engine-oil-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Automotive Engine Oil Market Characteristics
3. Automotive Engine Oil Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Engine Oil
5. Automotive Engine Oil Market Size And Growth
……
26. Africa Automotive engine oil Market
27. Automotive engine oil Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive engine oil Market
29. Automotive engine oil Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the automotive engine oil market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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