Automotive Oil Market
Automotive Oil Market - Global Industry Assessment & Forecast
#
Pages:
210
2023
Mar - 2024
VMR-VMR-2021-0764
Segments Covered
By
Grade Mineral, Semi-Synthetic, Fully-Synthetic
-
By
Engine Type Gasoline, Diesel, Alternative Fuels
-
By
Vehicle Type Passenger Cars, Light Commercial Vehicles, Heavy-Duty Vehicles, Motorcycle
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 40.8 Billion |
 Revenue 2032:
|
USD 55.4 Billion |
 Revenue CAGR
(2024 - 2032): |
3.5% |
Fastest Growing Region (2024 -
2032)
|
North America |
Largest Region (2023):
|
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
Research Methodology: Automotive Oil Market by Grade by Engine Type by Vehicle Type by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Automotive Oil in terms of revenue?
-
The global Automotive Oil valued at USD 40.8 Billion in 2023 and is expected to reach USD 55.4 Billion in 2032 growing at a CAGR of 3.5%.
Which are the prominent players in the market?
-
The prominent players in the market are ExxonMobil, TotalEnergies SE, Wurth Group, Castrol Limited, Shell plc, Valvoline Global Operations, Chevron Corporation, PETRONAS Lubricants International, BP p.l.c., Gulf Oil International Ltd., Amsoil Inc., Fuchs SE, Sinopec Lubricant Company, Motul, Eni Oil Products.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.5% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Automotive Oil include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Automotive Oil in 2023.
