2025 Motor Oil Market: Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis And Competitive Analysis Forecast

Motor oil is a mixture of base oil and additives used to lubricate engine parts to make them clean, cool and help to reduce friction. Where, the base oil comprises 70 to 90 % portion of total and remaining 10 to 30 % portion covers additives. These additives include dispersants, detergents, friction modifiers, antioxidants, anti-foaming agents and others. However, modern synthetic motor oils are complex mixture of base oils and additive components which are designed to perform various tasks.

According to a new report published by Reports Monitor titled, “Motor Oil Market By Type, Grade & Application: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the motor oil market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North American region is anticipated to dominate the motor oil market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.

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Motor oil is a mixture of base oil and additives used to lubricate engine parts to make them clean, cool and help to reduce friction. Where, the base oil comprises 70 to 90 % portion of total and remaining 10 to 30 % portion covers additives. These additives include dispersants, detergents, friction modifiers, antioxidants, anti-foaming agents and others. However, modern synthetic motor oils are complex mixture of base oils and additive components which are designed to perform various tasks such as, removing small dust particles and other impurities present in automobile fuel, provides protection layer against rust. 

Automotive industry and machinery & equipment sector are the major drivers for motor oil market all across the globe. Moreover, rapid pace of urbanization, development of township projects, growing consumer awareness about the engine oil benefits, increasing disposable income such factors boost the motor oil market to widen more in upcoming years. Further, change of consumer preference from conventional to synthetic engine oil is another factor which creates development opportunities for motor oils. 

However, simulated motor oil products affect the overall market growth of engine oils. Furthermore, government regulations regarding the emission are anticipated to restraint the motor oil expansion. Lack of environment friendly engine oils may dampen the growth of engine oil market. 

North America is expected to lead the highest market share in motor oil market due to growing number of automobiles in the region followed by Asia-Pacific and Europe. Asia Pacific is expected to witness the highest growth rate in upcoming years on account of increasing infrastructural development activities and increase in the number of passenger cars, especially in China. India, Malaysia, Thailand, and Philippines occupy a significant market share in the small car segment for this market.

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Key Question Answered:

• What will be the market size in 2025 and at what rate it will grow?

• What trends, barriers, challenges are influencing its growth?

• Who are the major key players in global motor oil market and what are their strategies?

• Which vertical industry is expected to show major growth?

• What segment and region will lead the market and why? 

The major companies profiled in the report include: Chevron Group, Shell, The Dow Chemical Company, PENNZOIL, Total, Castrol, Valvoline, Exxon Mobil, Voltronic GmbH, and FUCHS. 

Research Scope 

The study for Global Motor Oil Market Survey and Trend Research 2018 will provide market size, estimates and forecast based on the following years:   

Historic data: 2015  Base Year Estimate: 2016  Forecast: 2017 to 2025 

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales. 

Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings. 

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.   

1. Introduction

1.1. Market Definition

1.2. Market Scope 

2. Research Methodology

2.1. Primary Research

2.2. Secondary Sources

2.3. Assumptions & Exclusions 

3. Market Overview

3.1. Research Report Segmentation & Scope

3.2. Key Market Trend Analysis

3.2.1. Market Drivers 

3.2.2. Market Restraint/Challenges

3.2.3. Market Opportunities

3.3. Porter’s Five Forces Analysis

3.4. Potential Venture Avenues

3.5. Market Share Analysis, 2016 

4. Type Overview

4.1. Introduction

4.2. Market Size & Forecast, 2015 to 2025

4.2.1. Synthetic

4.2.2. Synthetic-blend

4.2.3. High-mileage

4.2.4. Conventional

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses) 

5. Grade Overview

5.1. Introduction

5.2. Market Size & Forecast, 2015 to 2025

5.2.1. Single

5.2.2. Multi

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses) 

6. Application Overview

6.1. Introduction

6.2. Market Size & Forecast, 2015 to 2025

6.2.1. Gasoline Engines

6.2.2. Diesel Engines

6.2.3. Alternative Fuels Engines

6.2.4. Other

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

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