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Vehicle Lubricating Oil Market

Vehicle Lubricating Oil Market

Vehicle Lubricating Oil Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Product Engine Oil, Gear Oil, Transmission Fluids, Brake Fluids, Coolants, Greases
  • By Vehicle Type Passenger Vehicles, Commercial Vehicles, Motorcycles
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 72.83 Billion
Revenue 2028Revenue 2028: 90.32 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 4.10%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Sr. No. Offering Report Coverage
1. Market Size In terms of Revenue (USD Million)
2. Historic Data 2015 to 2019
3. Forecast Data 2021 to 2028
4. Market Drivers, Restraints, Opportunities, & Regional Market Trends Yes
5. Market Attractiveness Analysis Yes
6. Segment Analysis Maximum Segments
7. Regional Coverage 5 Regions
8. Country Coverage Top 22 Countries
9. Competitive Landscape and Company Market Share Analysis Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles.
10. Porter’s Five Forces Analysis Yes.
11. Value Chain Analysis Yes
12. PEST Analysis Yes
13. Regulatory Landscape Yes
14. Technology Landscape Yes
15. COVID-19 Impact Analysis Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics.
16. Top startups to watch out for Yes
17. Top 3 Trends to Watch Yes
18. Top 3 Strategies Followed by Major Players Yes
19. Top 3 Predictions by Vantage Market Research Yes
20. Discussion Guide Yes
21. Key Primary Respondents - VERBATIM Yes
22. Transcripts from the Primary Respondents Additional Cost USD 1,000
23. Others/Miscellaneous
Frequently Asked Question
  • The global Vehicle Lubricating Oil valued at 72.83 Billion in 2020 and is expected to reach 90.32 Billion in 2028 growing at a CAGR of 4.10%%.

  • The prominent players in the market are Total, ExxonMobile, Sinopec, CNPC, Castrol, VC, Morris Lubricants, Royal Dutch, Copton, VALVOLINE, LUKOIL, CHEVRON, FUCHS, NIPPON OIL, Lubrita..

  • The market is project to grow at a CAGR of 4.10%% between 2021 and 2028.

  • The driving factors of the Vehicle Lubricating Oil include

    • The rising vehicle sale across the globe is anticipated to augment the growth of the vehicle lubricating oil market during the forecast period. This is owing to the rapid urbanization, rising disposable income of the consumers, and increasing developments in current technologies. Furthermore, increase in global sales of automobiles has also caused a major inclination towards the adoption of personal vehicles which is in turn expected to support the growth of the vehicle lubricating oil market in the forecast period.
    • The increasing demand for engine oils among both consumer and commercial automobiles is anticipated to augment the growth of the vehicle lubricating oil market in the years to come. This is due to its use for applications like wear reduction, corrosion protection, and smooth operation of engine internals. They operate by creating a thin film between the moving parts for enhancing the transfer of heat and reducing tension during the contact of parts. Additionally it also helps in prevention of oil leaks and the reduction of oil consumption which are factors driving the market.

  • Asia Pacific was the leading regional segment of the Vehicle Lubricating Oil in 2020.