Global Diesel Engine Lubricants Market 2023-2029
According to the latest estimates, the global diesel engine lubricants market is set to achieve an incremental growth of USD 9.4 billion, accelerating at a CAGR of almost 5.8% during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global diesel engine lubricants market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for diesel engine lubricants can be segmented by product: mineral oil based lubricants, synthetic lubricants. The synthetic lubricants segment captured the largest share of the market in 2022. Diesel engine lubricants market is further segmented by end user: automotive and transportation, heavy industry, power generation, others. The automotive and transportation segment held the largest share of the global diesel engine lubricants market in 2022 and is anticipated to hold its share during the forecast period. Based on region, the diesel engine lubricants market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, Asia-Pacific made up the largest share of revenue generated by the diesel engine lubricants market.
Market Segmentation
By product: mineral oil based lubricants, synthetic lubricants
By end user: automotive and transportation, heavy industry, power generation, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides a detailed analysis of several leading diesel engine lubricants market vendors that include Bharat Petroleum Corporation Limited (BPCL), Castrol Limited, Chevron Corporation, China Petroleum & Chemical Corporation (Sinopec), ExxonMobil Corporation, Fuchs Petrolub SE, GS Caltex Corporation, Gulf Oil International Ltd., Hindustan Petroleum Corporation Limited, Idemitsu Kosan Co., Ltd., Liqui Moly GmbH, Motul S.A., Petro-Canada Lubricants Inc., Petroliam Nasional Berhad, PJSC Gazprom Neft, Ravensberger Schmierstoffvertrieb GmbH, Repsol S.A., Shell plc, The Phillips 66 Company, TotalEnergies SE, Valvoline Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
*REQUEST FREE SAMPLE TO GET A COMPLETE LIST OF COMPANIES
Scope of the Report
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook