Global Passenger Car Engine Oil Market Growth 2023-2029

Global Passenger Car Engine Oil Market Growth 2023-2029

Passenger car motor/engine oil, (PCMO), helps in protecting and improving the overall functioning of engines in passenger cars. The motor oil lubricates the internal combustion engines which reduces the friction created in the moving parts. Passenger car motor oils are made from a combination of base oils that are obtained from petroleum-based hydrocarbons. These oils prevent the occurrence of corrosion and rust as well as obstruct the formation of deposits in the engine.

LPI (LP Information)' newest research report, the “Passenger Car Engine Oil Industry Forecast” looks at past sales and reviews total world Passenger Car Engine Oil sales in 2022, providing a comprehensive analysis by region and market sector of projected Passenger Car Engine Oil sales for 2023 through 2029. With Passenger Car Engine Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Passenger Car Engine Oil industry.

This Insight Report provides a comprehensive analysis of the global Passenger Car Engine Oil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Passenger Car Engine Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Passenger Car Engine Oil market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Passenger Car Engine Oil and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Passenger Car Engine Oil.

The global Passenger Car Engine Oil market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Passenger Car Engine Oil is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Passenger Car Engine Oil is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Passenger Car Engine Oil is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Passenger Car Engine Oil players cover Shell, Exxon Mobil, BP, Total, Chevron Corporation, Valvoline, Sinopec Lubricant, CNPC and Petronas, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Passenger Car Engine Oil market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Mineral Oil
Synthesis Oil

Segmentation by application
Sedan
MPV
SUV
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shell
Exxon Mobil
BP
Total
Chevron Corporation
Valvoline
Sinopec Lubricant
CNPC
Petronas
Lukoil
SK Lubricants
FUCHS

Key Questions Addressed in this Report

What is the 10-year outlook for the global Passenger Car Engine Oil market?

What factors are driving Passenger Car Engine Oil market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Passenger Car Engine Oil market opportunities vary by end market size?

How does Passenger Car Engine Oil break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.