Automotive aftermarket lubricants are classified into mineral lubricants, synthetic lubricants, and semi-synthetic lubricants. Lubricating oil is formulated from natural gas and crude oil extracted from crude oil. There is no clear definition of synthetic oil in the world. Generally, the lubricating oil contains PAO, which is called synthetic motor oil.
The automobile industry is developing rapidly, and there are two major trends in the future. First of all, as the number of cars in large cities reaches a relatively large base, subject to the blocking plan of first-tier cities, most of the first-tier cities have adopted measures to control the increase of new cars. These city car exchanges will become the mainstream behavior of the market, and the second-hand market will Become active.
The correlation coefficient between vehicle sales and lubricant consumption is as high as 0.984. With the continuous increase of car ownership and the increase of automobile production and sales, the consumption of lubricating oil has also increased significantly year by year. Combined with the future development trend of the automotive industry, there is still much room for growth in automotive l
Global Automotive Lubricants Aftermarket market size will increase to 101700 Million US$ by 2026, from 75500 Million US$ in 2020, at a CAGR of 3.8% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Automotive Lubricants Aftermarket.
This report covers the present status and the future prospects of the global Automotive Lubricants Aftermarket market for 2015-2026.
The report offers detailed coverage of Automotive Lubricants Aftermarket industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive Lubricants Aftermarket by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Royal Dutch Shell, ExxonMobil Corporation, BP, Chevron Corporation, Total, Sinopec Corporation, Fuchs Lubricants, LUKOIL Oil Company, Valvoline, Phillips 66, Bharat Petroleum Corporation Limited, JX Nippon Oil & Energy Corporation, Repsol S.A., Petrobras, Petronas, Indian Oil Corporation Limited
Market Segment as follows:
Market by Order Type
Engine Oil
Gear Oil
Transmission Fluid
Automotive Lubricants Aftermarket Breakdown Data by Application
Passenger Cars
Commercial Vehicles
Automotive Lubricants Aftermarket Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Lubricants Aftermarket market for the forecast period 2021 - 2026?
• What are the driving forces in the Automotive Lubricants Aftermarket market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Lubricants Aftermarket industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.