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Automotive Lubricants Market - Global Industry Demand, Size, Growth Report By 2021

03-06-2018 01:14 PM CET | Energy & Environment

Press release from: (MRE) Report

Automotive Lubricants Market

Automotive Lubricants Market

New York, March 06, 2018: The automotive lubricants market is expected to exceed more than 475 million Gallons by 2021; Growing at a CAGR of more than 8% in the given forecast period.

The automotive lubricants market is segmented on the lines of its type and regional basis. Based on type segmentation the automotive lubricants market covers grease and transmission fluids, gear oil and engine oil. The automotive lubricant market’s geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

An automotive lubricant is a material used to minimize friction among surfaces, and minimize the heat which produces from movable surface. The main characteristics of lubricant are to reduce friction, called as lubricity. A lubricant having many functions such as cooling and heating the surfaces, transporting foreign particles and transmitting forces. It acts very important role in reducing wear and tear and friction in automobiles. High quality lubricant having various properties such as high resistivity to oxidation, low freezing point, thermal stability, corrosion prevention, high viscosity index and high boiling point.

Browse Full Report: https://www.marketresearchengine.com/reportdetails/automotive-lubricants-market

The major driving factors of automotive lubricants market are as follows:

Rising disposable profit will increase the sale of vehicles
Growing demand for heavy duty vehicles and light passenger vehicles

The restraining factors of automotive lubricants market are as follows:

Explosive price of raw materials

This report provides:

1) An overview of the global market for automotive lubricants and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2021.
3) Identifications of new market opportunities and targeted promotional plans for automotive lubricants.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include BP plc, Chevron Corporation, ExxonMobil Corporation, ConocoPhillips Corporation, Fuchs Lubricants Co., LUKOIL Oil Company, Royal Dutch Shell plc, Total S.A., Valvoline, Idemitsu Kosan Co. Ltd., The JX Nippon Oil & Energy Co. and Repsol S.A. among others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Automotive lubricants Market has been segmented as below:

By Type Analysis

Grease and Transmission Fluids
Gear Oil
Engine Oil

By Regional Analysis

North America
Europe
Asia-Pacific
Middle East and Africa
Rest of the World

Reasons to Buy this Report:

1) Obtain the most up to date information available on all automotive lubricants market globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of automotive lubricants data.
4) Assess your competitor’s refining portfolio and its evolution.

Request Sample Report: https://www.marketresearchengine.com/reportdetails/automotive-lubricants-market

Table of Contents
1 INTRODUCTION
2 Research Methodology
3 Premium Insights
3.1 African Countries Offer Untapped and Unexplored Opportunities
3.2 Egypt to Emerge as A Lucrative Market in Africa
3.3 Life Cycle Analysis, By Region
4 Industry Trends
5 Automotive Lubricants Market in Africa, By Country
6 Competitive Landscape
7 Company Profiles
7.1 Key Players for Automotive Lubricants in Africa
7.2 Royal Dutch Shell PLC.
7.3 Exxon Mobil Corporation
7.4 BP PLC.
7.5 Chevron Corporation
7.6 Total S.A.
7.7 Petrochina Company Limited
7.8 Sinopec Limited
7.9 Lukoil
7.10 Fuchs Petrolub AG
7.11 Idemitsu Kosan Co. Ltd.

About Us

Market Research Engine (MRE) is a next-generation provider of syndicated research, customized research, and consulting services. MRE’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each Market Research Engine’s research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Media Contact

Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862
Country: United States
Website: https://www.marketresearchengine.com/

Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States

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