December 9, 2021 06:48 ET | Source: Research and Market Research and Market
Dublin, December 9, 2021 (Global News Agency)-ResearchAndMarkets.com has added the "Automotive Lubricants Market: Global Industry Trends, Shares, Scale, Growth, Opportunities and Forecasts 2021-2026" report to the products of ResearchAndMarkets.com. In 2020, the global automotive lubricants market will show negative growth. Looking ahead, publishers expect the market to grow at a compound annual growth rate of about 3% from 2021 to 2026. Automobile lubricating oil is a fluid substance used to reduce friction between surfaces and prevent wear of automobile parts. Some commonly used automotive lubricants include engine oil, transmission fluid, grease oil, processing oil and general industrial oil.
They also offer mineral oil, synthetic oil, semi-synthetic oil and bio-based oil variants, which are prepared using specialized oils and additives from petroleum sources to prevent oxidation and corrosion. These lubricants help minimize the heat generated between parts and improve the efficiency and function of key components such as engines, hinges, bearings and hydraulic gears. They are also used in brake and fuel systems, body parts stamping and transmission manufacturing. Automotive lubricant market trends:
The significant growth of the global automotive industry is one of the key factors that create a positive outlook for the market. In addition, the widespread adoption of high-performance lubricants is driving market growth. Automobile manufacturers use high-quality, high-viscosity engine oils to lubricate internal combustion engines by forming films between moving parts and promoting smooth operation. Consistent with this, among the on-road and off-road heavy-duty vehicles, people increasingly prefer heavy-duty motor vehicle engine oils to maintain extreme geographic conditions and emission standards, which also promotes market growth.
In addition, various product innovations, such as the development of chemical-free bio-based automotive lubricants, are acting as other growth drivers. These lubricants provide excellent lubricity and help minimize the adverse effects of synthetic lubricants on the environment. Other factors, including increased consumer spending power and extensive research and development (R&D) activities to improve oil quality, are expected to drive market growth. Main market segmentation:
The publisher analyzed the main trends in each segment of the global automotive lubricants market, as well as global, regional and national forecasts for 2021-2026. Our report categorizes the market based on region, product, and vehicle type. Break down by product:
The competitive landscape of the industry was also reviewed together with the profiles of major players including Amsoil Inc., BP plc, Chevron, China National Petroleum Corporation, Exxon Mobil Corporation, Fuchs Group, Petronas Lubricants International Sdn Bhd, Phillips 66 Company, Royal Dutch Shell plc, SK Lubricants Co. Ltd., Total SE and Valvoline Inc. Key questions answered in this report:
Key topics covered: 1 Foreword 2 Scope and methodology 3 Executive summary 4 Introduction 4.1 Overview 4.2 Key industry trends 5 Global automotive lubricants market 5.1 Market overview 5.2 Market performance 5.3 Impact of COVID-19 5.4 Market forecast 6 Market breakdown by product Sub-6.1 Engine Oil 6.1.1 Market Trend 6.1.2 Market Forecast 6.2 Gear Oil 6.2.1 Market Trend 6.2.2 Market Forecast 6.3 Transmission Fluid 6.3.1 Market Trend 6.3.2 Market Forecast 6.4 Brake Fluid 6.4.1 Market Trend 6.4 .2.5 Market Forecast 6 6.5.1 Market Trend 6.5.2 Market Forecast 6.6 Grease 6.6.1 Market Trend 6.6.2 Market Forecast 6.7 Other 6.7.1 Market Trend 6.7.2 Market Forecast 7 Market Segmentation by Model 7.1 Passenger Car 7.1.1. Market Trend 7 2 Market Forecast 7.2 Light Commercial Vehicle 7.2.1 Market Trend 7.2.2 Market Forecast 7.3 Heavy Commercial Vehicle 7.3.1 Market Trend 7.3.2 Market Forecast 7.4 Other 7.4.1 Market Trends 7.4.2 Market Forecast 8 Market Segmentation by Region SWO T Analysis 10 Value Chain Analysis 11 Porter's Five Forces Analysis 12 Price Analysis 13 Competition Landscape 13.1 Market Structure 13.2 Main Participants 13.3 Introduction to Main Participants 13.3.1 Amsoil Inc. 13.3.1.1 Company Overview 13.3.1.2 Product portfolio 13.13 plc 3. .2.1 Company overview 13.3.2.2 Product portfolio 13.3.2.3 Finance 13.3.2.4 SWOT analysis 13.3.3 Chevron 13.3.3.1 Company overview 13.3.3.2 Product portfolio 13.3.3.3 Finance 13.3.3.3 China National Petroleum Corporation analysis 13.3.3.3. China National Petroleum Corporation. 4.1 Company overview 13.3.4.2 Product portfolio 13.3.4.3 SWOT analysis 13.3.5 Exxon Mobil Corporation 13.3.5.1 Company overview 13.3.5.2 Product portfolio 13.3.5.3 Finance 13.3.5.4 SWOT analysis 13.3.3 Company overview 13.3.3.6 Company overview.6.2 Product portfolio 13.3.7 Petronas Lubricants International Sdn Bhd 13.3.7.1 Company overview 13.3.7.2 Product portfolio 13.3.8 Phillips 66 Company 13.3.8.1 Company overview 13.3. 8.2 Product mix. 3 Fincianci 8. als 13.3.8.4 SWOT analysis 13.3.9 Royal Dutch Shell plc 13.3.9.1 Company overview 13.3.9.2 Product portfolio 13.3.9.3 Finance 13.3.10 SK Lubricants Co. Ltd. 13.3.10.1 Company overview 13.3.3.3.1 Financial portfolio 13.3.3.3.1 Product portfolio 13.3.10.4 SWOT analysis 13.3.11 SE Total 13.3.11.1 Company Overview 13.3.11.2 Product Portfolio 13.3.11.3 Finance 13.3.11.4 SWOT Analysis 13.3.12 Valvoline Inc. 13.3.12.13.13.3.12.13.13.13.13.13.13.13.13.3.3.3.3.13.13 .3.3.3.3.13.13.13.13.13.13.3.3.3.13.13.13.13.13.13.13.13.13 .12.4 SWOT analysis For more information on this report, please visit https://www.researchandmarkets.com/r/d93ofc