FEATURED COMPANIES
- Adolf Würth GmbH & Co. KG
- BP Plc
- Chevron Corp.
- Exxon Mobil Corp.
- MOTUL SA
- Petroliam Nasional Berhad
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Global Automotive Engine Oil Market: About this market
The automotive engine oil market analysis considers sales from both passenger vehicles and commercial vehicles types. Our study also finds the sales of automotive engine oil in APAC, Europe, MEA, North America, and South America. In 2019, the passenger vehicle segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing demand for passenger vehicles with advanced fuel injection systems will play a significant role in the passenger vehicle segment to maintain its market position. Also, our global automotive engine oil market report looks at factors such as the growing number of vehicles-in-use, APAC driving market revenue, and demand for full synthetic engine oil. However, fluctuating crude oil prices, growing sales of all-electric cars and growing availability of fake automotive lubricants may hamper the growth of the automotive engine oil industry over the forecast period.
Global Automotive Engine Oil Market: Overview
Growing demand for full synthetic engine oil
Fully synthetic engine oil makes use of the superior quality of synthetic base stock with advanced additives and lubricants. This makes fully synthetic engine oil a high-performance engine lubricant. This oil even helps the engine in combating sludge and carbon deposits build up. Furthermore, fully synthetic engine oil also offers superior protection against engine wear and tear and combats extreme pressure and temperature. Thus, the demand for this engine oil has increased considerably over the years owing to its performance advantages, which, will lead to the expansion of the global automotive engine oil market at a CAGR of over 4% during the forecast period.
Advances in engine oil technology
The global automotive engine oil market is witnessing the increasing use of advanced technologies leading to the development of advanced engine oil. The growing adoption of advanced fuel and lubricant technologies is helping in the development of superior engine oil for automotive applications. Prominent vendors in the market have also started focusing on improving the efficiency of engine oil by making use of advanced antioxidants, surfactants, high-pressure agents, and superior corrosion inhibitors. Also, the vendors have minimized the usage of particles including graphite and polytetrafluoroethylene resins, to improve the overall performance of the engine and give clearer emissions. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global automotive engine oil market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive engine oil manufacturers, that include Adolf Würth GmbH & Co. KG, BP Plc, Chevron Corp., China Petroleum & Chemical Corp., Exxon Mobil Corp., MOTUL SA, Petroliam Nasional Berhad, Royal Dutch Shell Plc, TOTAL SA, and Valvoline Inc.
Also, the automotive engine oil market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The automotive engine oil market analysis considers sales from both passenger vehicles and commercial vehicles types. Our study also finds the sales of automotive engine oil in APAC, Europe, MEA, North America, and South America. In 2019, the passenger vehicle segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing demand for passenger vehicles with advanced fuel injection systems will play a significant role in the passenger vehicle segment to maintain its market position. Also, our global automotive engine oil market report looks at factors such as the growing number of vehicles-in-use, APAC driving market revenue, and demand for full synthetic engine oil. However, fluctuating crude oil prices, growing sales of all-electric cars and growing availability of fake automotive lubricants may hamper the growth of the automotive engine oil industry over the forecast period.
Global Automotive Engine Oil Market: Overview
Growing demand for full synthetic engine oil
Fully synthetic engine oil makes use of the superior quality of synthetic base stock with advanced additives and lubricants. This makes fully synthetic engine oil a high-performance engine lubricant. This oil even helps the engine in combating sludge and carbon deposits build up. Furthermore, fully synthetic engine oil also offers superior protection against engine wear and tear and combats extreme pressure and temperature. Thus, the demand for this engine oil has increased considerably over the years owing to its performance advantages, which, will lead to the expansion of the global automotive engine oil market at a CAGR of over 4% during the forecast period.
Advances in engine oil technology
The global automotive engine oil market is witnessing the increasing use of advanced technologies leading to the development of advanced engine oil. The growing adoption of advanced fuel and lubricant technologies is helping in the development of superior engine oil for automotive applications. Prominent vendors in the market have also started focusing on improving the efficiency of engine oil by making use of advanced antioxidants, surfactants, high-pressure agents, and superior corrosion inhibitors. Also, the vendors have minimized the usage of particles including graphite and polytetrafluoroethylene resins, to improve the overall performance of the engine and give clearer emissions. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global automotive engine oil market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive engine oil manufacturers, that include Adolf Würth GmbH & Co. KG, BP Plc, Chevron Corp., China Petroleum & Chemical Corp., Exxon Mobil Corp., MOTUL SA, Petroliam Nasional Berhad, Royal Dutch Shell Plc, TOTAL SA, and Valvoline Inc.
Also, the automotive engine oil market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Adolf Würth GmbH & Co. KG
- BP Plc
- Chevron Corp.
- Exxon Mobil Corp.
- MOTUL SA
- Petroliam Nasional Berhad
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 07: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
Exhibit 01: Global commodity chemicals market
Exhibit 02: Segments of global commodity chemicals market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Vendor: Key offerings
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 (million gal)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Global market: Size and forecast 2019-2024 ($ million)
Exhibit 11: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 12: Five forces analysis 2019
Exhibit 13: Five forces analysis 2024
Exhibit 14: Bargaining power of buyers
Exhibit 15: Bargaining power of suppliers
Exhibit 16: Threat of new entrants
Exhibit 17: Threat of substitutes
Exhibit 18: Threat of rivalry
Exhibit 19: Market condition - Five forces 2019
Exhibit 20: Customer landscape
Exhibit 21: Market share by geography 2019-2024 (%)
Exhibit 22: Geographic comparison
Exhibit 23: APAC - Market size and forecast 2019-2024 (million gal)
Exhibit 24: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 25: Europe - Market size and forecast 2019-2024 (million gal)
Exhibit 26: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 27: North America - Market size and forecast 2019-2024 (million gal)
Exhibit 28: North America - Year-over-year growth 2020-2024 (%)
Exhibit 29: MEA - Market size and forecast 2019-2024 (million gal)
Exhibit 30: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 31: South America - Market size and forecast 2019-2024 (million gal)
Exhibit 32: South America - Year-over-year growth 2020-2024 (%)
Exhibit 33: Key leading countries
Exhibit 34: Market opportunity
Exhibit 35: Vehicle type - Market share 2019-2024 (%)
Exhibit 36: Comparison by vehicle type
Exhibit 37: Passenger vehicles - Market size and forecast 2019-2024 (million gal)
Exhibit 38: Passenger vehicles - Year-over-year growth 2020-2024 (%)
Exhibit 39: Commercial vehicles - Market size and forecast 2019-2024 (million gal)
Exhibit 40: Commercial vehicles - Year-over-year growth 2020-2024 (%)
Exhibit 41: Market opportunity by vehicle type
Exhibit 42: Quarterly averages of crude oil
Exhibit 43: Impact of drivers and challenges
Exhibit 44: Vendor landscape
Exhibit 45: Landscape disruption
Exhibit 46: Vendors covered
Exhibit 47: Vendor classification
Exhibit 48: Market positioning of vendors
Exhibit 49: Adolf Würth GmbH & Co. KG - Vendor overview
Exhibit 50: Adolf Würth GmbH & Co. KG - Business segments
Exhibit 51: Adolf Würth GmbH & Co. KG - Organizational developments
Exhibit 52: Adolf Würth GmbH & Co. KG - Geographic focus
Exhibit 53: Adolf Würth GmbH & Co. KG - Segment focus
Exhibit 54: Adolf Würth GmbH & Co. KG - Key offerings
Exhibit 55: BP Plc - Vendor overview
Exhibit 56: BP Plc - Business segments
Exhibit 57: BP Plc - Organizational developments
Exhibit 58: BP Plc - Geographic focus
Exhibit 59: BP Plc - Segment focus
Exhibit 60: BP Plc - Key offerings
Exhibit 61: Chevron Corp. - Vendor overview
Exhibit 62: Chevron Corp. - Business segments
Exhibit 63: Chevron Corp. - Organizational developments
Exhibit 64: Chevron Corp. - Geographic focus
Exhibit 65: Chevron Corp. - Segment focus
Exhibit 66: Chevron Corp. - Key offerings
Exhibit 67: China Petroleum & Chemical Corp. - Vendor overview
Exhibit 68: China Petroleum & Chemical Corp. - Business segments
Exhibit 69: China Petroleum & Chemical Corp. - Organizational developments
Exhibit 70: China Petroleum & Chemical Corp. - Geographic focus
Exhibit 71: China Petroleum & Chemical Corp. - Segment focus
Exhibit 72: China Petroleum & Chemical Corp. - Key offerings
Exhibit 73: Exxon Mobil Corp. - Vendor overview
Exhibit 74: Exxon Mobil Corp. - Business segments
Exhibit 75: Exxon Mobil Corp. - Organizational developments
Exhibit 76: Exxon Mobil Corp. - Geographic focus
Exhibit 77: Exxon Mobil Corp. - Segment focus
Exhibit 78: Exxon Mobil Corp. - Key offerings
Exhibit 79: MOTUL SA - Vendor overview
Exhibit 80: MOTUL SA - Product segments
Exhibit 81: MOTUL SA - Organizational developments
Exhibit 82: MOTUL SA - Key offerings
Exhibit 83: Petroliam Nasional Berhad - Vendor overview
Exhibit 84: Petroliam Nasional Berhad - Business segments
Exhibit 85: Petroliam Nasional Berhad - Organizational developments
Exhibit 86: Petroliam Nasional Berhad - Geographic focus
Exhibit 87: Petroliam Nasional Berhad - Segment focus
Exhibit 88: Petroliam Nasional Berhad - Key offerings
Exhibit 89: Royal Dutch Shell Plc - Vendor overview
Exhibit 90: Royal Dutch Shell Plc - Business segments
Exhibit 91: Royal Dutch Shell Plc - Organizational developments
Exhibit 92: Royal Dutch Shell Plc - Geographic focus
Exhibit 93: Royal Dutch Shell Plc - Segment focus
Exhibit 94: Royal Dutch Shell Plc - Key offerings
Exhibit 95: TOTAL SA - Vendor overview
Exhibit 96: TOTAL SA - Business segments
Exhibit 97: TOTAL SA - Organizational developments
Exhibit 98: TOTAL SA - Geographic focus
Exhibit 99: TOTAL SA - Segment focus
Exhibit 100: TOTAL SA - Key offerings
Exhibit 101: Valvoline Inc. - Vendor overview
Exhibit 102: Valvoline Inc. - Business segments
Exhibit 103: Valvoline Inc. - Organizational developments
Exhibit 104: Valvoline Inc. - Geographic focus
Exhibit 105: Valvoline Inc. - Segment focus
Exhibit 106: Valvoline Inc. - Key offerings
Exhibit 107: Validation techniques employed for market sizing
Exhibit 108: Definition of market positioning of vendors
PART 02: SCOPE OF THE REPORT
- Preface
- Currency conversion rates for US$
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
- Market Outlook
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
- Market segmentation by vehicle type
- Comparison by vehicle type
- Passenger vehicles - Market size and forecast 2019-2024
- Commercial vehicles - Market size and forecast 2019-2024
- Market opportunity by vehicle type
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Advances in engine oil technology
- Increasing number of launches of automotive engine oil
- Growing uptake of thinner engine oil
- Overview
- Landscape disruption
- Competitive scenario
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Adolf Würth GmbH & Co. KG
- BP Plc
- Chevron Corp.
- China Petroleum & Chemical Corp.
- Exxon Mobil Corp.
- MOTUL SA
- Petroliam Nasional Berhad
- Royal Dutch Shell Plc
- TOTAL SA
- Valvoline Inc.
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
Exhibit 01: Global commodity chemicals market
Exhibit 02: Segments of global commodity chemicals market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Vendor: Key offerings
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 (million gal)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Global market: Size and forecast 2019-2024 ($ million)
Exhibit 11: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 12: Five forces analysis 2019
Exhibit 13: Five forces analysis 2024
Exhibit 14: Bargaining power of buyers
Exhibit 15: Bargaining power of suppliers
Exhibit 16: Threat of new entrants
Exhibit 17: Threat of substitutes
Exhibit 18: Threat of rivalry
Exhibit 19: Market condition - Five forces 2019
Exhibit 20: Customer landscape
Exhibit 21: Market share by geography 2019-2024 (%)
Exhibit 22: Geographic comparison
Exhibit 23: APAC - Market size and forecast 2019-2024 (million gal)
Exhibit 24: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 25: Europe - Market size and forecast 2019-2024 (million gal)
Exhibit 26: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 27: North America - Market size and forecast 2019-2024 (million gal)
Exhibit 28: North America - Year-over-year growth 2020-2024 (%)
Exhibit 29: MEA - Market size and forecast 2019-2024 (million gal)
Exhibit 30: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 31: South America - Market size and forecast 2019-2024 (million gal)
Exhibit 32: South America - Year-over-year growth 2020-2024 (%)
Exhibit 33: Key leading countries
Exhibit 34: Market opportunity
Exhibit 35: Vehicle type - Market share 2019-2024 (%)
Exhibit 36: Comparison by vehicle type
Exhibit 37: Passenger vehicles - Market size and forecast 2019-2024 (million gal)
Exhibit 38: Passenger vehicles - Year-over-year growth 2020-2024 (%)
Exhibit 39: Commercial vehicles - Market size and forecast 2019-2024 (million gal)
Exhibit 40: Commercial vehicles - Year-over-year growth 2020-2024 (%)
Exhibit 41: Market opportunity by vehicle type
Exhibit 42: Quarterly averages of crude oil
Exhibit 43: Impact of drivers and challenges
Exhibit 44: Vendor landscape
Exhibit 45: Landscape disruption
Exhibit 46: Vendors covered
Exhibit 47: Vendor classification
Exhibit 48: Market positioning of vendors
Exhibit 49: Adolf Würth GmbH & Co. KG - Vendor overview
Exhibit 50: Adolf Würth GmbH & Co. KG - Business segments
Exhibit 51: Adolf Würth GmbH & Co. KG - Organizational developments
Exhibit 52: Adolf Würth GmbH & Co. KG - Geographic focus
Exhibit 53: Adolf Würth GmbH & Co. KG - Segment focus
Exhibit 54: Adolf Würth GmbH & Co. KG - Key offerings
Exhibit 55: BP Plc - Vendor overview
Exhibit 56: BP Plc - Business segments
Exhibit 57: BP Plc - Organizational developments
Exhibit 58: BP Plc - Geographic focus
Exhibit 59: BP Plc - Segment focus
Exhibit 60: BP Plc - Key offerings
Exhibit 61: Chevron Corp. - Vendor overview
Exhibit 62: Chevron Corp. - Business segments
Exhibit 63: Chevron Corp. - Organizational developments
Exhibit 64: Chevron Corp. - Geographic focus
Exhibit 65: Chevron Corp. - Segment focus
Exhibit 66: Chevron Corp. - Key offerings
Exhibit 67: China Petroleum & Chemical Corp. - Vendor overview
Exhibit 68: China Petroleum & Chemical Corp. - Business segments
Exhibit 69: China Petroleum & Chemical Corp. - Organizational developments
Exhibit 70: China Petroleum & Chemical Corp. - Geographic focus
Exhibit 71: China Petroleum & Chemical Corp. - Segment focus
Exhibit 72: China Petroleum & Chemical Corp. - Key offerings
Exhibit 73: Exxon Mobil Corp. - Vendor overview
Exhibit 74: Exxon Mobil Corp. - Business segments
Exhibit 75: Exxon Mobil Corp. - Organizational developments
Exhibit 76: Exxon Mobil Corp. - Geographic focus
Exhibit 77: Exxon Mobil Corp. - Segment focus
Exhibit 78: Exxon Mobil Corp. - Key offerings
Exhibit 79: MOTUL SA - Vendor overview
Exhibit 80: MOTUL SA - Product segments
Exhibit 81: MOTUL SA - Organizational developments
Exhibit 82: MOTUL SA - Key offerings
Exhibit 83: Petroliam Nasional Berhad - Vendor overview
Exhibit 84: Petroliam Nasional Berhad - Business segments
Exhibit 85: Petroliam Nasional Berhad - Organizational developments
Exhibit 86: Petroliam Nasional Berhad - Geographic focus
Exhibit 87: Petroliam Nasional Berhad - Segment focus
Exhibit 88: Petroliam Nasional Berhad - Key offerings
Exhibit 89: Royal Dutch Shell Plc - Vendor overview
Exhibit 90: Royal Dutch Shell Plc - Business segments
Exhibit 91: Royal Dutch Shell Plc - Organizational developments
Exhibit 92: Royal Dutch Shell Plc - Geographic focus
Exhibit 93: Royal Dutch Shell Plc - Segment focus
Exhibit 94: Royal Dutch Shell Plc - Key offerings
Exhibit 95: TOTAL SA - Vendor overview
Exhibit 96: TOTAL SA - Business segments
Exhibit 97: TOTAL SA - Organizational developments
Exhibit 98: TOTAL SA - Geographic focus
Exhibit 99: TOTAL SA - Segment focus
Exhibit 100: TOTAL SA - Key offerings
Exhibit 101: Valvoline Inc. - Vendor overview
Exhibit 102: Valvoline Inc. - Business segments
Exhibit 103: Valvoline Inc. - Organizational developments
Exhibit 104: Valvoline Inc. - Geographic focus
Exhibit 105: Valvoline Inc. - Segment focus
Exhibit 106: Valvoline Inc. - Key offerings
Exhibit 107: Validation techniques employed for market sizing
Exhibit 108: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Adolf Würth GmbH & Co. KG
- BP Plc
- Chevron Corp.
- Exxon Mobil Corp.
- MOTUL SA
- Petroliam Nasional Berhad
The following companies as the key players in the global automotive engine oil market: Adolf Würth GmbH & Co. KG, BP Plc, Chevron Corp., China Petroleum & Chemical Corp., Exxon Mobil Corp., MOTUL SA, Petroliam Nasional Berhad, Royal Dutch Shell Plc, TOTAL SA, and Valvoline Inc.
Commenting on the report, an analyst from research team said: “The latest trend gaining momentum in the market is the advances in engine oil technology.”
According to the report, one of the major drivers for this market is the growing demand for full synthetic engine oil.
Further, the report states that one of the major factors hindering the growth of this market is the fluctuating crude oil prices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from research team said: “The latest trend gaining momentum in the market is the advances in engine oil technology.”
According to the report, one of the major drivers for this market is the growing demand for full synthetic engine oil.
Further, the report states that one of the major factors hindering the growth of this market is the fluctuating crude oil prices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
- Adolf Würth GmbH & Co. KG
- BP Plc
- Chevron Corp.
- China Petroleum & Chemical Corp.
- Exxon Mobil Corp.
- MOTUL SA
- Petroliam Nasional Berhad
- Royal Dutch Shell Plc
- TOTAL SA
- Valvoline Inc.
Note: Product cover images may vary from those shown
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