global automotive lubricant market 2015-2019

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Page 1: Global Automotive Lubricant Market 2015-2019

Global Automotive Lubricant Market 2015-2019

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Page 2: Global Automotive Lubricant Market 2015-2019

USA – CANADA – UK – CHINA – INDIA

Global Automotive Lubricant Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

For more information on theGlobal Automotive Lubricant

Market 2015-2019,please mail us at

[email protected]

Page 3: Global Automotive Lubricant Market 2015-2019

USA – CANADA – UK – CHINA – INDIA

Key Trends

Technavio’s Senior Analyst says, “Despite challenges in the global marketplace, the consistent economic growth of emerging markets such as India, Mexico, and China, combined with the improved financial status of consumers, has resulted in increased demand for and production of automobiles. As a result, this has increased the demand for automotive lubricants.”

• Lubricants are materials used to reduce friction between two surfaces of equipment or components. They are usually in oil, semi-fluid, or solid state. Automotive lubricants include fluids such as engine oil, transmission fluid, gear oil, and brake oil. These are used to reduce the friction between the surfaces in contact, consequently improving the efficiency of the automotive components such as engines, brakes, and gears.

• Technavio's analysts forecast the global automotive lubricant market to grow at a CAGR of 2.77% during 2014-2019.

Page 4: Global Automotive Lubricant Market 2015-2019

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global Automotive Lubricant Market 2015-2019

USA – CANADA – UK – CHINA – INDIA

Page 5: Global Automotive Lubricant Market 2015-2019

USA – CANADA – UK – CHINA – INDIA

Vendors

To understand the vendor landscape and

for a full list of vendors view our report:

Global Automotive Lubricant Market 2015-2019

BP

Chevron

ExxonMobil

BP is one of the largest Oil and Gas companies in the world. It focuses on offshore, onshore exploration, transportation, and marketing of oil and gas and its substitutes across the world.

Chevron, founded in 1879, and headquartered in San Ramon, California, US, is one of the leading integrated energy companies in the world. It is the second largest integrated company with business activities worldwide.

ExxonMobil is an oil and gas company headquartered in Irving, Texas, the US. The company was incorporated in1882. Exxon is the world’s third largest company by revenue. The company has 37 oil refineries in 21 countries.

Page 6: Global Automotive Lubricant Market 2015-2019

USA – CANADA – UK – CHINA – INDIA

Market Landscape• Lubricants play a vital role in numerous industrial sectors such as automotive,

manufacturing, aviation, and marine. Lubricants are needed in both new and old machines and equipment.

• Friction between parts increases with time owing to wear and tear of surfaces.

• Lubricant manufacturers focus on product innovations to provide efficient and effective lubricants that reduce the maintenance cost of machines and equipment and increase their life span.

• The global lubricant market is growing steadily and is expected to follow the same growth path during the forecast period, propelled by increased demand from the automotive, agriculture, manufacturing, construction, and mining sectors.

• The rise in the demand for and production of automobiles worldwide is expected to be a major driver of market growth.

• In addition, improvement in the economic conditions of emerging markets such as India and China is also boosting the demand for lubricants, especially in automotive and manufacturing sectors.

Page 7: Global Automotive Lubricant Market 2015-2019

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Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameter Details

CompatibilityThe automotive lubricant should be compatible with the components of vehicle, i.e., wherever its application is required. For instance, an engine oil should be compatible with all low emission engine designs.

Disposal The automotive lubricant should be easy to dispose of. It should not have harmful impacts on the environment after disposal. It should be biodegradable and recyclable.

Corrosion Resistance The automotive lubricant should prevent corrosion in the engine, brake, and transmission area.

Oxidation StabilityThe oxidation stability of a lubricant ensures that it has an extended life so it is replaced fewer times, in addition to ensuring that minimal sludge and varnish deposits are produced.

Operating Conditions The automotive lubricant should be capable of performing in all types of operating conditions such as on the highway and off-highway as well as in cold start-up situations.

Re-refining

The automotive lubricant should be easily re-refinable. A used automotive lubricant such as engine oil should be compatible with being re-refined as this reduces the toxicity of the oil. The re-refined lubricant can then be reused reducing the cost of producing fresh lubricant.

Standards The automotive lubricants should suffice the standards prescribed by the international authorities such as the SAE, ACEA, and API.

Page 8: Global Automotive Lubricant Market 2015-2019

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

What Would You Like to Learn From Technavio?

Global Automotive Lubricant Market 2015-2019

Let us identify your needs.We would love to hear more!

Page 9: Global Automotive Lubricant Market 2015-2019

USA – CANADA – UK – CHINA – INDIA

Our Report Covers: Market Scenarios, Vendor landscape & Industry Road Maps.

You have the Option to Customize Reports & Access Analysts on every Report Purchase.

Purchasing this report?

For media enquiries,please drop us a mail at

[email protected]

We’ll include an hour with our analysts to discuss the report findings.

For free.

Page 10: Global Automotive Lubricant Market 2015-2019

USA – CANADA – UK – CHINA – INDIA

Access the Report

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