Global Passenger Car Motor Oil Market Growth 2023-2029
Passenger car motor 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.
LPI (LP Information)' newest research report, the “Passenger Car Motor Oil Industry Forecast” looks at past sales and reviews total world Passenger Car Motor Oil sales in 2022, providing a comprehensive analysis by region and market sector of projected Passenger Car Motor Oil sales for 2023 through 2029. With Passenger Car Motor 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 Motor Oil industry.
This Insight Report provides a comprehensive analysis of the global Passenger Car Motor 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 Motor 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 Motor Oil market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Passenger Car Motor 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 Motor Oil.
The global Passenger Car Motor Oil market size is projected to grow from US$ 19520 million in 2022 to US$ 22210 million in 2029; it is expected to grow at a CAGR of 22210 from 2023 to 2029.
The revenue of top ten manufacturers accounts about 68% of the total revenue, in 2018. The high-end products mainly come from North America and Europe.
This report presents a comprehensive overview, market shares, and growth opportunities of Passenger Car Motor 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 Lubricants International
Lukoil
SK Lubricants
FUCHS
Key Questions Addressed in this Report
What is the 10-year outlook for the global Passenger Car Motor Oil market?
What factors are driving Passenger Car Motor Oil market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Passenger Car Motor Oil market opportunities vary by end market size?
How does Passenger Car Motor 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.
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