Automotive Lubricants Market Size, Revenue Analysis, Opportunities, Trends, Product Launch, 2020–2026
The global Automotive Lubricants Market is expected to reach USD 107.22 Billion by 2026, according to a new report by Reports and Data. Over the past few months, the oil price rally has rewarded those taking part in output cuts and has also discharged a new wave of growth from the United States. The oil markets now look adequately supplied through 2020 coupled with gains from Brazil, Canada, and Norway. A solid increase in oil demand is expected aiding to strong world economy growth in the next five years. According to the International Monetary Fund, in the next five years the global economic growth is expected to set at 3.9%. Strong economies will use more oil and it is anticipated that the demand will grow at an average annual rate of more than 1.2 mb/d during the forecasted period. Petrochemicals are the fastest growing source of global oil demand precisely in United States and China. The shale revolution in United States has unleashed major source of cheap domestic feedstock. One of the key advantages of the global economic growth is that it is lifting more people into the middle class in developing countries and higher incomes mean sharply increasing the demand for consumer goods and services.
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Companies considered and profiled in this market study
ExxonMobil Corporation(U.S.A), Chevron Corporation(U.S.A), Fuchs Lubricants Co.(U.S.A), ConocoPhillips Corporation(U.S.A), LUKOIL Oil Company (Russia), IDEMITSU Kosan Co. Ltd.(Japan), Royal Dutch Shell plc (Netherlands), Total S.A. (France) and Valvoline (U.S.A)., Castrol (U.K.)
Base Oil (Volume Kilo Tons, Revenue, USD Million; 2016–2026)
- Mineral Oil
- Synthetic
- Semisynthetic
- Bio-Based Lubricants
Vehicle Type (Volume Kilo Tons, Revenue, USD Million; 2016–2026)
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Others
Applications (Volume Kilo Tons, Revenue, USD Million; 2016–2026)
- Engine Oil
- Gear Oil
- Brake Fluids
- Transmission Fluids
- Coolants
- Greases
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Regional Outlook (Volume Kilo Tons, Revenue, USD Million; 2016–2026)
- North America
- U.S
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- The Netherlands
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
- Brazil
- Brazil
The report charts the future of the Automotive Lubricants market for the forecast period, 2020 to 2026. The perfect balance of information on various topics including the sudden upswing in spending power, end-use, distribution channels and others add great value to this literature. A collaboration of charts, graphics images and tables offers more clarity on the overall study. Researchers behind the report explore why customers are purchasing products and services from immediate competitors.
There are chapters to cover the vital aspects of the Global Automotive Lubricants Market.
Chapter 1 covers the Automotive Lubricants Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2 talks about the top manufacturers and analyses their sales, revenue and pricing decisions for the duration 2018 and 2020;
Chapter 3 displays the competitive nature of the market by discussing the competition among the top manufacturers. It dissects the market using sales, revenue and market share data for 2016 and 2017;
Chapter 4, shows the global market by regions and the proportionate size of each market region based on sales, revenue and market share of Automotive Lubricants, for the period 2020- 2026;
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