Global Automotive Lubricants Market (2018-2024) by Base Oil, Product, Vehicle Type, End-User and Region - ResearchAndMarkets.com
The "Automotive
Lubricants Market: Global Industry Analysis, Trends, Market Size and
Forecasts up to 2024" report has been added to ResearchAndMarkets.com's
offering.
The report predicts the global automotive lubricants market to grow with
a CAGR of 4.8% over the forecast period of 2018-2024.
The automotive production is rapidly growing over the globe particularly
in Asia-pacific due to increasing number of vehicle ownership. The
increasing automotive sales and growing demand of automotive products
are the primary factors driving the growth of automotive lubricants
market worldwide. In addition, rapid development of transportation
infrastructure in various countries is facilitating growth in this
market. However, fluctuation in the crude oil raw material prices is
likely to hamper the market growth.
The market is facing the fluctuations in crude oil prices, so
manufacturers are focusing on the development of new and innovative
refining sources & technologies. Nowadays, increasing demand of
alternative raw material for lubricants manufacturing as bio-based
materials including plant oils, hydrogenated polyolefin, fluorocarbons
and others are projected to create the more opportunities for the
automotive lubricants market.
The various players in the automotive lubricants market are increasing
their investments in the Research and development activity. The Chevron
Corporation, Royal Dutch Shell and Exxon Mobil Corp. are some of the
major players in the automotive lubricants market. Sinopec Corporation,
BP plc, Total S.A and Fuchs Lubricants are also important players in
this market
Key Topics Covered
1. Preface
2. Executive Summary
3. Global Automotive Lubricants Market Overview
4. Global Automotive Lubricants Market by Base Oil
5. Global Automotive Lubricants Market by Product
6. Global Automotive Lubricants Market by Vehicle Type
7. Global Automotive Lubricants Market by End-User
8. Global Automotive Lubricants Market by Region 2018-2024
9. Companies Covered
-
ExxonMobil
-
Royal Dutch Shell
-
Sinopec Corporation
-
BP PLC
-
Total S.A
-
Chevron Corporation
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LUKOIL Oil Company
-
Fuchs Lubricants
For more information about this report visit https://www.researchandmarkets.com/research/pgwxwg/global_automotive?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180816005410/en/
Copyright Business Wire 2018
Source: Business Wire
(August 16, 2018 - 10:14 AM EDT)
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