Global Automotive Engine Oil Market – Industry Analysis and Forecast (2019-2026)

[mayuri kathade]

Maximize Market Research's latest report, " Global Automotive Engine Oil Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.

Global Automotive Engine Oil Market is expected to reach US$ XX Bn by 2026 from US$ 19.47 Bn in 2019 at CAGR of XX%.

Global Automotive Engine Oil Market Overview

The major driving factor of the market is increasing use of synthetic engine oil. Automotive engine oil has various properties such as high boiling point and low freezing point. This assists the automotive engine oil to stay in its liquid state while operating at a different range of temperatures. Additional, these oils have a property of corrosive prevention which prevents the internal parts of an engine from getting corroded.

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Global Automotive Engine Oil Market Major Market Players

• Total S.A
• Gazpromneft Lubricants, Ltd.
• LUKOIL Oil Company
• ROSNEFT
• Royal Dutch Shell plc.
• Saudi Arabian Oil Co.
• Exxon Mobil Corporation
• BP plc.
• Statoil
• Chevron Corporation.
• Sinopec Lubricant Company
• Jiangsu Tech. Company Limited
• Castrol Limited
• Ashland Inc.
• Valvoline, Inc.
• Petroleum Nasional Berhad
• Fuchs Petrolub SE
• ENI GmbH
• Motul
• GP Petroleums Ltd.
• DANA LUBRICANTS FACTORY LLC
• Leo Lubricants Pvt. Ltd.

The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.

Segmentation of Global Automotive Engine Oil Market:

Global Automotive Engine Oil Market, by Technology

• Premium Conventional engine Oil
• Full Synthetic engine Oil
• Synthetic Blend engine Oil
• Higher Mileage engine Oil
Global Automotive Engine Oil Market, by Additives

• Dispersants
• Friction modifiers
• Anti- wear agents
• Pour point depressants
• Foam inhibitors
• Anti-oxidants
Global Automotive Engine Oil Market, by Distribution channel

• OEM
• Aftermarket
Global Automotive Engine Oil Market, by Base oil type

• Synthetic
• Mineral
Global Automotive Engine Oil Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
The report has covered the market size by country (regions) for the global Automotive Engine Oil market. Segment by Application. The Automotive Engine Oil Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.

Analysis of the Automotive Engine Oil Market Share and Competitive Landscape:

This report provides a detailed analysis of the Global Automotive Engine Oil Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.

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