Automotive Engine Oil Market Size & Share, by Technology (Premium Conventional, Full Synthetic, Synthetic Blend, Higher Mileage Engine Oil); Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles); Additives (Dispersants, Friction Modifiers, Anti- Wear Agents, Pour Point Depressants, Foam Inhibitors) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 288
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Companies Dominating the Automotive Engine Oil Landscape

top-features-companies
    • Valvoline, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Shell Plc
    • Total S.A
    • Arabol Lubricants
    • LUKOIL Oil Company
    • Exxon Mobil Corporation
    • Castrol Limited
    • Chevron Corporation
    • Amsoil Inc.
    • Sinopec Lubricant Company

     


Browse Key Market Insights with Data Illustration:

In the News

  • In India, Shell plc and Hyundai Motor India Limited (HMIL) have announced their partnership for 10 years. As a testament to Shell's commitment to provide customers with excellent products and solutions, the partnership demonstrates its commitment to delivering excellence.

  • Valvoline Inc. successfully acquired the business assets of Canadian oil change franchising Ltd. This marks the third expanded lube system in Canada for Valvoline Inc. The acquisition will expand Valvoline Inc.'s Canadian and U.S. lubricant network.


Author Credits:  Harshita Srivastava, Saima Khursheed


  • Report ID: 288
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising motorcycle and automobile production, increasing personal disposable income and rising crude oil production are the major factors driving the growth of the automotive engine oil market.

The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023-2033.

Growing supply of counterfeit engine oil product is expected to hinder market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Valvoline, Inc., Shell Plc, Total S.A, Arabol Lubricants, LUKOIL Oil Company, Exxon Mobil Corporation, Castrol Limited, Chevron Corporation, Amsoil Inc., and Sinopec Lubricant Company

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by technology, vehicle type, additives, and, by region.

The passenger cars segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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