Automotive Lubricants Market Analysis & Industry Forecast 2016-2024

According to Goldstein Research, global automotive lubricants market size is expected to reach USD 76.5 billion by 2025, growing at a compounded annual growth rate of 4.4% during the forecast period 2017-2025. The factors such as growth in investment in R&D activities for developing synthetic lubricants, the rise in automobile sales are impacting the growth of the market.

Global automotive lubricants market segmentation has been carried out on the basis of product type, lubricants type, vehicle type, distribution channel and geography. Engine oil segment has acquired largest market share i.e. +52%, but over the forecast period, the growth of engine oil segment tends to grow at the moderate pace due to increase in the use of IC engine automobiles.

Whereas, with the growth of electric vehicles market in North America & Europe, the growth of automotive lubricants market is anticipated to grow at a slow pace.

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Market Segmentation

On the basis of our in-depth analysis, Global Automotive Lubricants Market can be segmented as follows:

By Product Type

• Engine Oil
• Gear Oil
• Differential Oil
• Hydraulic Fluids
• Coolants
• Grease

By Lubricants Type

• Mineral Oil Lubricants
• Synthetic Lubricants
• Semi-Synthetic Lubricants
• Bio-Based Lubricants

By Vehicles Type

• Passenger Cars
• Light-Weight Commercial Vehicles
• Heavy-Weight Commercial Vehicles
• Two/Three Wheelers

By Distribution Channel

• OEMs
• Aftermarket

By Region

• North America Automotive Lubricants Market (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
• Europe Automotive Lubricants Market (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• The Middle East and Africa Automotive Lubricants Market (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Latin America Automotive Lubricants Market (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Asia Pacific Automotive Lubricants Market (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Automotive Lubricants Market Report by Goldstein Research contains a detailed overview of the global automotive lubricants market. On the basis of our in-depth analysis, a market can be segmented in terms of market segmentation by product type, lubricants type, vehicle type and distribution channel.

Further, for the in-depth analysis, Global Automotive Lubricants Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

This market research report also includes competitive outlook of some of the major players profiling of companies such as ExxonMobil, Royal Dutch Shell, Total SA, Fuchs Group, Petronas Lubricant International Sdn Bhd, Amsoil Inc., Chevron Corporation, KMG Chemicals, Oryx Energies, KenolKobil, Oil Libya, Sinopec, Pennzoil-Quaker State, Equilon, Burmah Castrol, Lukoil, Idemitsu,etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global automotive lubricants market trends along with the market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this Global Automotive Lubricants Market Report

• What is the Global Automotive Lubricants Market Size by 2025 and what would be the expected growth rate of the market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the automotive lubricants market trends?
• What are the factors which are driving this market?
• What are the major barriers to automotive lubricants market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry-level players?
• What are the recent developments and business strategy of the key players?

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