Global Engine Oil Market Research Report 2023(Status and Outlook)

Global Engine Oil Market Research Report 2023(Status and Outlook)



Report Overview

Motor oil, engine oil, or engine lubricant is any one of various substances that consist of base oils enhanced with various additives, particularly antiwear additives, detergents, dispersants, and, for multi-grade oils, viscosity index improvers. Motor oil is used for lubrication of internal combustion engines. The main function of motor oil is to reduce friction and wear on moving parts and to clean the engine from sludge (one of the functions of dispersants) and varnish (detergents). It also neutralizes acids that originate from fuel and from oxidation of the lubricant (detergents), improves sealing of piston rings, and cools the engine by carrying heat away from moving parts.

Global key players of Engine Oil are Shell, Exxon Mobil, BP, etc. Among them, Shell is the biggest manufacturer with a share 15 %. North America, Europe, Asia-Pacific occupy most of market share. Each of them takes more than 30%, while Middle East and Africa takes only 3%.

The Global Engine Oil Market Size was estimated at USD 30950.00 million in 2022 and is projected to reach USD 34113.50 million by 2029, exhibiting a CAGR of 1.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Engine Oil market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Engine Oil Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Engine Oil market in any manner.

Global Engine Oil Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Shell

Exxon Mobil

BP

Total

Chevron Corporation

Lukoil

Sinopec Lubricant

Valvoline

CNPC

Petronas

SK Lubricants

FUCHS

Market Segmentation (by Type)

Mineral Oil

Synthesis Oil

Market Segmentation (by Application)

Industrial Automation

Point of Sale - Retail

Hospitality

IP Security Cameras

Thin Clients/VDI

Building Management

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Engine Oil Market

Overview of the regional outlook of the Engine Oil Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Engine Oil
1.2 Key Market Segments
1.2.1 Engine Oil Segment by Type
1.2.2 Engine Oil Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Engine Oil Market Overview
2.1 Global Market Overview
2.1.1 Global Engine Oil Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Engine Oil Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Engine Oil Market Competitive Landscape
3.1 Global Engine Oil Sales by Manufacturers (2018-2023)
3.2 Global Engine Oil Revenue Market Share by Manufacturers (2018-2023)
3.3 Engine Oil Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Engine Oil Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Engine Oil Sales Sites, Area Served, Product Type
3.6 Engine Oil Market Competitive Situation and Trends
3.6.1 Engine Oil Market Concentration Rate
3.6.2 Global 5 and 10 Largest Engine Oil Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Engine Oil Industry Chain Analysis
4.1 Engine Oil Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Engine Oil Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Engine Oil Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Engine Oil Sales Market Share by Type (2018-2023)
6.3 Global Engine Oil Market Size Market Share by Type (2018-2023)
6.4 Global Engine Oil Price by Type (2018-2023)
7 Engine Oil Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Engine Oil Market Sales by Application (2018-2023)
7.3 Global Engine Oil Market Size (M USD) by Application (2018-2023)
7.4 Global Engine Oil Sales Growth Rate by Application (2018-2023)
8 Engine Oil Market Segmentation by Region
8.1 Global Engine Oil Sales by Region
8.1.1 Global Engine Oil Sales by Region
8.1.2 Global Engine Oil Sales Market Share by Region
8.2 North America
8.2.1 North America Engine Oil Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Engine Oil Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Engine Oil Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Engine Oil Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Engine Oil Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Shell
9.1.1 Shell Engine Oil Basic Information
9.1.2 Shell Engine Oil Product Overview
9.1.3 Shell Engine Oil Product Market Performance
9.1.4 Shell Business Overview
9.1.5 Shell Engine Oil SWOT Analysis
9.1.6 Shell Recent Developments
9.2 Exxon Mobil
9.2.1 Exxon Mobil Engine Oil Basic Information
9.2.2 Exxon Mobil Engine Oil Product Overview
9.2.3 Exxon Mobil Engine Oil Product Market Performance
9.2.4 Exxon Mobil Business Overview
9.2.5 Exxon Mobil Engine Oil SWOT Analysis
9.2.6 Exxon Mobil Recent Developments
9.3 BP
9.3.1 BP Engine Oil Basic Information
9.3.2 BP Engine Oil Product Overview
9.3.3 BP Engine Oil Product Market Performance
9.3.4 BP Business Overview
9.3.5 BP Engine Oil SWOT Analysis
9.3.6 BP Recent Developments
9.4 Total
9.4.1 Total Engine Oil Basic Information
9.4.2 Total Engine Oil Product Overview
9.4.3 Total Engine Oil Product Market Performance
9.4.4 Total Business Overview
9.4.5 Total Engine Oil SWOT Analysis
9.4.6 Total Recent Developments
9.5 Chevron Corporation
9.5.1 Chevron Corporation Engine Oil Basic Information
9.5.2 Chevron Corporation Engine Oil Product Overview
9.5.3 Chevron Corporation Engine Oil Product Market Performance
9.5.4 Chevron Corporation Business Overview
9.5.5 Chevron Corporation Engine Oil SWOT Analysis
9.5.6 Chevron Corporation Recent Developments
9.6 Lukoil
9.6.1 Lukoil Engine Oil Basic Information
9.6.2 Lukoil Engine Oil Product Overview
9.6.3 Lukoil Engine Oil Product Market Performance
9.6.4 Lukoil Business Overview
9.6.5 Lukoil Recent Developments
9.7 Sinopec Lubricant
9.7.1 Sinopec Lubricant Engine Oil Basic Information
9.7.2 Sinopec Lubricant Engine Oil Product Overview
9.7.3 Sinopec Lubricant Engine Oil Product Market Performance
9.7.4 Sinopec Lubricant Business Overview
9.7.5 Sinopec Lubricant Recent Developments
9.8 Valvoline
9.8.1 Valvoline Engine Oil Basic Information
9.8.2 Valvoline Engine Oil Product Overview
9.8.3 Valvoline Engine Oil Product Market Performance
9.8.4 Valvoline Business Overview
9.8.5 Valvoline Recent Developments
9.9 CNPC
9.9.1 CNPC Engine Oil Basic Information
9.9.2 CNPC Engine Oil Product Overview
9.9.3 CNPC Engine Oil Product Market Performance
9.9.4 CNPC Business Overview
9.9.5 CNPC Recent Developments
9.10 Petronas
9.10.1 Petronas Engine Oil Basic Information
9.10.2 Petronas Engine Oil Product Overview
9.10.3 Petronas Engine Oil Product Market Performance
9.10.4 Petronas Business Overview
9.10.5 Petronas Recent Developments
9.11 SK Lubricants
9.11.1 SK Lubricants Engine Oil Basic Information
9.11.2 SK Lubricants Engine Oil Product Overview
9.11.3 SK Lubricants Engine Oil Product Market Performance
9.11.4 SK Lubricants Business Overview
9.11.5 SK Lubricants Recent Developments
9.12 FUCHS
9.12.1 FUCHS Engine Oil Basic Information
9.12.2 FUCHS Engine Oil Product Overview
9.12.3 FUCHS Engine Oil Product Market Performance
9.12.4 FUCHS Business Overview
9.12.5 FUCHS Recent Developments
10 Engine Oil Market Forecast by Region
10.1 Global Engine Oil Market Size Forecast
10.2 Global Engine Oil Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Engine Oil Market Size Forecast by Country
10.2.3 Asia Pacific Engine Oil Market Size Forecast by Region
10.2.4 South America Engine Oil Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Engine Oil by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Engine Oil Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Engine Oil by Type (2024-2029)
11.1.2 Global Engine Oil Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Engine Oil by Type (2024-2029)
11.2 Global Engine Oil Market Forecast by Application (2024-2029)
11.2.1 Global Engine Oil Sales (K Units) Forecast by Application
11.2.2 Global Engine Oil Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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