Press release
Automotive Engine Oil Market size was valued at USD 45.87 Bn in 2023 and the total market revenue is expected to grow at a CAGR of 3.94% from 2024 to 2030, reaching nearly USD 60.12 Bn.
Automotive Engine Oil Market Report Scope and Research Methodology :Maximize Market Research Pvt Ltd, a leading market research firm, has released an in-depth Automotive Engine Oil Market Research Report. The report delves into market dynamics, recent developments, trade regulations, market import-export analyses, production assessments, and value chain optimizations. Additionally, it provides insights into market share, emerging revenue pockets, changes in market regulations, strategic growth analyses, and technological innovations.
The report employs a rigorous research methodology, combining extensive primary and secondary research. Qualitative and quantitative assessments include interviews with key industry participants, market breakdowns by region, and growth rate analysis. Forecast parameters, along with impact analysis such as COVID-19, contribute to a holistic understanding of market trends.
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Automotive Engine Oil Market Dynamics:
The Automotive Engine Oil Market is driven by factors such as the heightened demand for automobiles in developing nations, infrastructure growth, increased mobility due to rapid urbanization, and advancements in the logistics sector. The adoption of synthetic engine oil, meeting demands for efficient engines and technological advancements, contributes significantly. However, high production costs, availability of low-priced substitutes, and the increasing preference for electric vehicles pose challenges.
Automotive Engine Oil Market Regional Insights:
The Asia Pacific leads the regional market, driven by increasing demand in emerging markets and adherence to stringent guidelines. Europe experiences a shift towards E-Mobility, impacting demand. Latin America, dominated by Brazil, focuses on ethanol and gasoline-powered vehicles. The Middle East faces challenges, while Africa sees a rise in vehicle imports.
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Automotive Engine Oil Market Segmentation:
by Grade
Mineral
Semi-Synthetic
Fully-synthetic
by Engine Type
Gasoline
Diesel
Alternative Fuels
by Vehicle Type
Passenger Cars
Light Commercial Vehicles
Heavy-Duty Vehicles
Motorcycle
Automotive Engine Oil Market Key Players:
North America market Key players:
1. ExxonMobil - United States
2. Amsoil Inc - United States
3. Chevron Corporation - United States
4. Pennzoil - United States
5. Equilon Enterprises - United States
6. Valvoline - United States
Europe market Key players:
1. Motul - France
2. Royal Dutch Shell - United Kingdom
3. Total S.A. - France
4. Fuchs Group - Germany
5. CASTROL LIMITED - United Kingdom
6. Oryx Energies SA - Switzerland
7. KenolKobil Ltd. - Kenya
8. Repsol S.A. - Spain
9. Gulf Oil International - United Kingdom
10. Lukoil - Russia
11. Pertamina - Indonesia
12. PTT Public Company Limited - Thailand
13. ENI S.p.A. - Italy
14. Neste Corporation - Finland
APAC market Key players:
1. Petroliam Nasional Berhad - Malaysia
2. Petronas Lubricant International Sdn Bhd - Malaysia
3. Sinopec - China
4. Idemitsu Kosan Co., Ltd - Japan
5. JXTG Nippon Oil & Energy Corporation - Japan
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report :https://www.maximizemarketresearch.com/market-report/global-automotive-engine-oil-market/21540/
Table of content for the Automotive Engine Oil Market includes:
1. Global Automotive Engine Oil Market: Research Methodology
2. Global Automotive Engine Oil Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Global Automotive Engine Oil Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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