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Automotive Lubricants Market by Product (Gear Oil, Transmission Fluid, and Engine Oil) and by Vehicle Type (Light-weight Commercial Vehicle (LCV), Passenger Car (PC), and Heavy-weight Commercial Vehicle (HCV)): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 - 2024

Published Date: 03-Sep-2018 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-2639 Status : Published

Global automotive lubricants market expected to generate revenue of around USD 78.63 billion by the end of 2024, growing at a CAGR of around 4.10% between 2018 and 2024. Lubricants play a major role in the industrial and commercial sectors which includes aviation, automotive, manufacturing, and marine.

Description

The report covers forecast and analysis for the automotive lubricants market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the automotive lubricants market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the automotive lubricants market on a global level.

In order to give the users of this report a comprehensive view of the automotive lubricants market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product segment and vehicle type segment are benchmarked based on their market size, growth rate, and general attractiveness.

Global Automotive Lubricants Market

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, the product portfolio of various companies according to the region.

The study provides a decisive view of the automotive lubricants market by segmenting the market based on product, vehicle type, and regions. All the segments have been analyzed based on present and the future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. This segmentation includes demand for automotive lubricants market based on all segments in all the regions and countries.

Some of the most important market players in the global automotive lubricants market are BP Plc, Royal Dutch Shell, Idemitsu Kosan Co. Ltd., Valvoline, Chevron, ExxonMobil Corporation, FUCHS Lubricants, Chevron Corporation, BASF SE, Lukoil Oil Company, Sinopec, PetroChina Company Limited, and Indian Oil Corporation Ltd.

This report segments the automotive lubricants market as follows:

Automotive Lubricants Market: Product Segment Analysis

  • Gear Oil
  • Transmission Fluid
  • Engine Oil

Automotive Lubricants Market: Application Segment Analysis

  • Light-weight Commercial Vehicle (LCV)
  • Passenger Car (PC)
  • Heavy-weight Commercial Vehicle (HCV)

Automotive Lubricants Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global automotive lubricants market, 2015 - 2024 (USD Million)
    • 2.2. Global automotive lubricants market: snapshot
  •  
  • Chapter 3. Automotive Lubricants Market- Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global automotive lubricants market drivers: impact analysis
      • 3.2.2. Increase in the automotive industry
      • 3.2.3. Increasing stringent environmental rules and regulations
    • 3.3. Market Restraints
      • 3.3.1. Global Automotive lubricants market restraints: impact analysis
      • 3.3.2. Volatile Price of Raw Materials
    • 3.4. Opportunities
      • 3.4.1. Growing vehicle sales and Production in developing countries
    • 3.5. Porter's five forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis, by product segment
      • 3.6.2. Market attractiveness analysis, by vehicle type segment
      • 3.6.3. Market attractiveness analysis, by regional segment
  •  
  • Chapter 4. Global Automotive Lubricants Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Automotive lubricants market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New product launch
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  •  
  • Chapter 5. Global Automotive Lubricants Market- Product Segment Analysis
    • 5.1. Global Automotive lubricants market: product overview
      • 5.1.1. Global Automotive lubricants market revenue share, by product, 2017 and 2024
    • 5.2. Gear Oil
      • 5.2.1. Global Automotive lubricants market for gear oil market, 2015 - 2024 (USD Million)
    • 5.3. Transmission Fluid
      • 5.3.1. Global Automotive lubricants market for transmission fluid market, 2015 - 2024 (USD Million)
    • 5.4. Engine Oil
      • 5.4.1. Global Automotive lubricants market for engine oil market, 2015 - 2024 (USD Million)
  •  
  • Chapter 6. Global Automotive Lubricants Market- Vehicle Type Segment Analysis
    • 6.1. Global Automotive lubricants market: vehicle type overview
      • 6.1.1. Global Automotive lubricants market revenue share, by vehicle type, 2017 and 2024
    • 6.2. Light-weight Commercial Vehicle
      • 6.2.1. Global Automotive lubricants market for light-weight commercial vehicle market, 2015 - 2024 (USD Million)
    • 6.3. Passenger Car
      • 6.3.1. Global Automotive lubricants market for passenger car market, 2015 - 2024 (USD Million)
    • 6.4. Heavy-weight Commercial Vehicle
      • 6.4.1. Global Automotive lubricants market for heavy-weight commercial vehicle market, 2015 - 2024 (USD Million)
  •  
  • Chapter 7. Global Automotive Lubricants Market- Regional Segment Analysis
    • 7.1. Global Automotive lubricants market: regional overview
      • 7.1.1. Global Automotive lubricants market revenue share, by region, 2017 and 2024
    • 7.2. North America
      • 7.2.1. North America Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
      • 7.2.2. North America Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.2.3. U.S.
        • 7.2.3.1. U.S. Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.2.3.2. U.S. Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.2.4. Canada
        • 7.2.4.1. Canada Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.2.4.2. Canada Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.2.5. Mexico
        • 7.2.5.1. Mexico Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.2.5.2. Mexico Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
      • 7.3.2. Europe Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.3.3. UK
        • 7.3.3.1. UK Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.3.3.2. UK Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.3.4. Germany
        • 7.3.4.1. Germany Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.3.4.2. Germany Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.3.5. France
        • 7.3.5.1. France Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.3.5.2. France Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.3.6. Spain
        • 7.3.6.1. Spain Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.3.6.2. Spain Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.3.7. Russia
        • 7.3.7.1. Russia Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.3.7.2. Russia Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.3.8. Italy
        • 7.3.8.1. Italy Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.3.8.2. Italy Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
      • 7.4.2. Asia Pacific Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.4.3. China
        • 7.4.3.1. China Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.4.3.2. China Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.4.4. Japan
        • 7.4.4.1. Japan Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.4.4.2. Japan Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.4.5. India
        • 7.4.5.1. India Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.4.5.2. India Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.4.6. Southeast Asia
        • 7.4.6.1. Southeast Asia Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.4.6.2. Southeast Asia Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.4.7. Australia
        • 7.4.7.1. Australia Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.4.7.2. Australia Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.4.8.2. South Korea Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
      • 7.5.2. Latin America Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.5.3.2. Brazil Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
      • 7.6.2. Middle East and Africa Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.6.3. GCC Countries
        • 7.6.3.1. GCC Countries Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.6.3.2. GCC Countries Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
      • 7.6.4. South Africa
        • 7.6.4.1. South Africa Automotive lubricants market revenue, by product, 2015 - 2024 (USD Million)
        • 7.6.4.2. South Africa Automotive lubricants market revenue, by vehicle type, 2015 - 2024 (USD Million)
  •  
  • Chapter 8. Company Profile
    • 8.1. Royal Dutch Shell
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Chevron Corporation
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. ExxonMobil Corporation
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. BP Plc
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. FUCHS Lubricants
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Valvoline
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. BASF SE
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. PetroChina Company Limited
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Indian Oil Corporation Ltd.
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Sinopec
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

Methodology

Free Analysis

Lubricants play a major role in the industrial and commercial sectors which includes aviation, automotive, manufacturing, and marine. An automotive lubricant helps in cooling of the components and also in debris removal. Automotive lubricant offers one of the significant features called viscosity; it is the capability of the fluid to stand firm against the motion. Hence, utilization of the lubricants benefits in reducing the friction which, in turn, increases the fuel efficiency and durability of the automotive components. Moreover, automotive lubricants improve the overall functioning of the vehicle and safeguard it from friction, wear & tear, and high temperature. Since lubricants have viscosity it offers thermal stability, low freezing point, high resistance to oxidation, corrosion resistance, and high boiling point; thus, they are becoming a significant part of automotive engine brake, gear, and transmission fluid.

Expanding the automotive industry across the globe has resulted in rising demand for automotive lubricants market. Rising consumer preference towards the high quality synthetic automotive lubricants is a major factor driving the growth of the market. Moreover, the increase in the disposable incomes has to lead to the improved sales of vehicles across the globe which further positively propels the market growth during the forecast period. Additionally, increasingly stringent environmental rules and regulations lead to the adoption of high-quality lubricants by vehicle owners, which further positively impacts the automotive lubricants market during the forecast period. However, volatile prices of raw materials are expected to hamper the overall market growth.

Global Automotive Lubricants Market

On the basis of product, automotive lubricants market is fragmented into gear oil, engine oil, and transmission fluid. Based on the vehicle type, the market is divided into the light-weight commercial vehicle, passenger car, and heavy-weight commercial vehicle. 

Based on the region, Asia Pacific dominates the overall automotive lubricants market. The growth is accredited to the increasing disposable incomes in countries such as India and China which resulted in raising the demand for passenger vehicles and commercial vehicles. Europe and North America are anticipated to show a considerable growth during the forecast timeframe. Increasing demand for synthetic lubricants coupled with the rising customer preference for high-quality lubricants is the major factor driving the market growth in these regions. However, the Middle East & Africa automotive lubricants market is anticipated to witness a moderate growth.

Some of the most important market players in the global automotive lubricants market are BP Plc, Royal Dutch Shell, Idemitsu Kosan Co. Ltd., Valvoline, Chevron, ExxonMobil Corporation, Fuchs Lubricants, Chevron Corporation, BASF SE, Lukoil Oil Company, Sinopec, PetroChina Company Limited, and Indian Oil Corporation Ltd.

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