Heavy Duty Motor Oil Market 2018 Share and Growth Opportunity: Type, Application, Companies and more
This report studies the global Heavy Duty Motor Oil market status and forecast, categorizes the global Heavy Duty Motor Oil market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
HDMO refers to motor oils for diesel engines used in highway vehicles and in mining and agricultural equipment. HDMO reduces friction and wear and tear of the moving engine's crankshaft, connecting rods, bearings, and pistons. It also serves as an effective coolant while inhibiting the formation of deposits and preventing rust and corrosion.
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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The growing awareness of energy efficiency has been one of the key drivers behind the growth of this market. The increasing vehicle population and growth in construction and manufacturing industries is also expected to boost the market growth of HDMOs.
However, the increased adoption of hybrid electric vehicles (HEV) is expected to pose a challenge to the growth of the HDMO market. The growing environmental regulations and pollution control measures are leading to the increasing prominence of HEVs that are energy efficient, environmental friendly and provide increased acceleration and less maintenance. This research report anticipates that in 2015, the number of hybrid trucks and buses is going to increase more than ten times from the 10000 vehicles that were sold during 2010.
APAC was the largest consumer for HDMO’s with a market share of around 44% during 2014. The development of advanced engine technologies has been the key driver in this region. The demand for lower exhaust emissions and more fuel efficiency vehicles have also contributed to the growth of HDMO in this region.
The global Heavy Duty Motor Oil market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
- BASF
- Chevron Oronite
- Lubrizol
- Chemtura
- Evonik
- Croda
- Huntsman
- Multisol
- Total
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
- North America
- Europe
- China
- Japan
- India
- Southeast Asia
- Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Singapore
- Rest of Asia-Pacific
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Rest of Europe
- Central & South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- Turkey
- Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Synthetic Oil
- Synthetic Blends
- Conventional Oil
- High-mileage Oil
By Application, the market can be split into
- Buses and Vans
- Trucks
- Tractors
- Cars and Light-Duty Vehicles
- Power Generation
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