August 16, 2018 - 10:14 AM EDT
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Global Automotive Lubricants Market (2018-2024) by Base Oil, Product, Vehicle Type, End-User and Region - ResearchAndMarkets.com

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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
  • LUKOIL Oil Company
  • Fuchs Lubricants

For more information about this report visit https://www.researchandmarkets.com/research/pgwxwg/global_automotive?w=4

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Related Topics: Lubricants and Greases, Automotive Materials


Source: Business Wire (August 16, 2018 - 10:14 AM EDT)

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