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Car Engine Oil-Global Market Insights and Sales Trends 2024
Synopsis
Engine Oilalso changes in viscosity measurement as it is heated or cooled.
The global Car Engine Oil market size is expected to reach US$ 25950 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of Car Engine Oil in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Car Engine Oil market. Conventional Oil, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Full-synthetic Oil segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Car Engine Oil, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Car Engine Oil market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Car Engine Oil market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Car Engine Oil sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Car Engine Oil covered in this report include Shell, ExxonMobil, BP, TOTAL, Chevron, FUCHS, Idemitsu Kosan, JX Group and SK Lubricants, etc.
The global Car Engine Oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Shell
ExxonMobil
BP
TOTAL
Chevron
FUCHS
Idemitsu Kosan
JX Group
SK Lubricants
Hyundai Oilbank
Sinopec
CNPC
DongHao
LOPAL
Copton
LURODA
Jiangsu Gaoke
Global Car Engine Oil market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Car Engine Oil market, Segment by Type:
Conventional Oil
Full-synthetic Oil
Synthetic-blend Oil
Global Car Engine Oil market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Car Engine Oil manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Car Engine Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Engine Oilalso changes in viscosity measurement as it is heated or cooled.
The global Car Engine Oil market size is expected to reach US$ 25950 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of Car Engine Oil in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Car Engine Oil market. Conventional Oil, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Full-synthetic Oil segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Car Engine Oil, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Car Engine Oil market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Car Engine Oil market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Car Engine Oil sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Car Engine Oil covered in this report include Shell, ExxonMobil, BP, TOTAL, Chevron, FUCHS, Idemitsu Kosan, JX Group and SK Lubricants, etc.
The global Car Engine Oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Shell
ExxonMobil
BP
TOTAL
Chevron
FUCHS
Idemitsu Kosan
JX Group
SK Lubricants
Hyundai Oilbank
Sinopec
CNPC
DongHao
LOPAL
Copton
LURODA
Jiangsu Gaoke
Global Car Engine Oil market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Car Engine Oil market, Segment by Type:
Conventional Oil
Full-synthetic Oil
Synthetic-blend Oil
Global Car Engine Oil market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Car Engine Oil manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Car Engine Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Car Engine Oil Market Overview
1.1 Car Engine Oil Product Overview
1.2 Car Engine Oil Market Segment by Type
1.2.1 Conventional Oil
1.2.2 Full-synthetic Oil
1.2.3 Synthetic-blend Oil
1.3 Global Car Engine Oil Market Size by Type
1.3.1 Global Car Engine Oil Market Size Overview by Type (2018-2029)
1.3.2 Global Car Engine Oil Historic Market Size Review by Type (2018-2023)
1.3.3 Global Car Engine Oil Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Car Engine Oil Sales Breakdown by Type (2018-2023)
1.4.2 Europe Car Engine Oil Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Car Engine Oil Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Car Engine Oil Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Car Engine Oil Sales Breakdown by Type (2018-2023)
2 Global Car Engine Oil Market Competition by Company
2.1 Global Top Players by Car Engine Oil Sales (2018-2023)
2.2 Global Top Players by Car Engine Oil Revenue (2018-2023)
2.3 Global Top Players by Car Engine Oil Price (2018-2023)
2.4 Global Top Manufacturers Car Engine Oil Manufacturing Base Distribution, Sales Area, Product Type
2.5 Car Engine Oil Market Competitive Situation and Trends
2.5.1 Car Engine Oil Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Car Engine Oil Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Car Engine Oil as of 2022)
2.7 Date of Key Manufacturers Enter into Car Engine Oil Market
2.8 Key Manufacturers Car Engine Oil Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Car Engine Oil Status and Outlook by Region
3.1 Global Car Engine Oil Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Car Engine Oil Historic Market Size by Region
3.2.1 Global Car Engine Oil Sales in Volume by Region (2018-2023)
3.2.2 Global Car Engine Oil Sales in Value by Region (2018-2023)
3.2.3 Global Car Engine Oil Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Car Engine Oil Forecasted Market Size by Region
3.3.1 Global Car Engine Oil Sales in Volume by Region (2024-2029)
3.3.2 Global Car Engine Oil Sales in Value by Region (2024-2029)
3.3.3 Global Car Engine Oil Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Car Engine Oil by Application
4.1 Car Engine Oil Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global Car Engine Oil Market Size by Application
4.2.1 Global Car Engine Oil Market Size Overview by Application (2018-2029)
4.2.2 Global Car Engine Oil Historic Market Size Review by Application (2018-2023)
4.2.3 Global Car Engine Oil Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Car Engine Oil Sales Breakdown by Application (2018-2023)
4.3.2 Europe Car Engine Oil Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Car Engine Oil Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Car Engine Oil Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Car Engine Oil Sales Breakdown by Application (2018-2023)
5 North America Car Engine Oil by Country
5.1 North America Car Engine Oil Historic Market Size by Country
5.1.1 North America Car Engine Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Car Engine Oil Sales in Volume by Country (2018-2023)
5.1.3 North America Car Engine Oil Sales in Value by Country (2018-2023)
5.2 North America Car Engine Oil Forecasted Market Size by Country
5.2.1 North America Car Engine Oil Sales in Volume by Country (2024-2029)
5.2.2 North America Car Engine Oil Sales in Value by Country (2024-2029)
6 Europe Car Engine Oil by Country
6.1 Europe Car Engine Oil Historic Market Size by Country
6.1.1 Europe Car Engine Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Car Engine Oil Sales in Volume by Country (2018-2023)
6.1.3 Europe Car Engine Oil Sales in Value by Country (2018-2023)
6.2 Europe Car Engine Oil Forecasted Market Size by Country
6.2.1 Europe Car Engine Oil Sales in Volume by Country (2024-2029)
6.2.2 Europe Car Engine Oil Sales in Value by Country (2024-2029)
7 Asia-Pacific Car Engine Oil by Region
7.1 Asia-Pacific Car Engine Oil Historic Market Size by Region
7.1.1 Asia-Pacific Car Engine Oil Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Car Engine Oil Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Car Engine Oil Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Car Engine Oil Forecasted Market Size by Region
7.2.1 Asia-Pacific Car Engine Oil Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Car Engine Oil Sales in Value by Region (2024-2029)
8 Latin America Car Engine Oil by Country
8.1 Latin America Car Engine Oil Historic Market Size by Country
8.1.1 Latin America Car Engine Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Car Engine Oil Sales in Volume by Country (2018-2023)
8.1.3 Latin America Car Engine Oil Sales in Value by Country (2018-2023)
8.2 Latin America Car Engine Oil Forecasted Market Size by Country
8.2.1 Latin America Car Engine Oil Sales in Volume by Country (2024-2029)
8.2.2 Latin America Car Engine Oil Sales in Value by Country (2024-2029)
9 Middle East and Africa Car Engine Oil by Country
9.1 Middle East and Africa Car Engine Oil Historic Market Size by Country
9.1.1 Middle East and Africa Car Engine Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Car Engine Oil Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Car Engine Oil Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Car Engine Oil Forecasted Market Size by Country
9.2.1 Middle East and Africa Car Engine Oil Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Car Engine Oil Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Shell
10.1.1 Shell Company Information
10.1.2 Shell Introduction and Business Overview
10.1.3 Shell Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Shell Car Engine Oil Products Offered
10.1.5 Shell Recent Development
10.2 ExxonMobil
10.2.1 ExxonMobil Company Information
10.2.2 ExxonMobil Introduction and Business Overview
10.2.3 ExxonMobil Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ExxonMobil Car Engine Oil Products Offered
10.2.5 ExxonMobil Recent Development
10.3 BP
10.3.1 BP Company Information
10.3.2 BP Introduction and Business Overview
10.3.3 BP Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.3.4 BP Car Engine Oil Products Offered
10.3.5 BP Recent Development
10.4 TOTAL
10.4.1 TOTAL Company Information
10.4.2 TOTAL Introduction and Business Overview
10.4.3 TOTAL Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.4.4 TOTAL Car Engine Oil Products Offered
10.4.5 TOTAL Recent Development
10.5 Chevron
10.5.1 Chevron Company Information
10.5.2 Chevron Introduction and Business Overview
10.5.3 Chevron Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Chevron Car Engine Oil Products Offered
10.5.5 Chevron Recent Development
10.6 FUCHS
10.6.1 FUCHS Company Information
10.6.2 FUCHS Introduction and Business Overview
10.6.3 FUCHS Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.6.4 FUCHS Car Engine Oil Products Offered
10.6.5 FUCHS Recent Development
10.7 Idemitsu Kosan
10.7.1 Idemitsu Kosan Company Information
10.7.2 Idemitsu Kosan Introduction and Business Overview
10.7.3 Idemitsu Kosan Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Idemitsu Kosan Car Engine Oil Products Offered
10.7.5 Idemitsu Kosan Recent Development
10.8 JX Group
10.8.1 JX Group Company Information
10.8.2 JX Group Introduction and Business Overview
10.8.3 JX Group Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.8.4 JX Group Car Engine Oil Products Offered
10.8.5 JX Group Recent Development
10.9 SK Lubricants
10.9.1 SK Lubricants Company Information
10.9.2 SK Lubricants Introduction and Business Overview
10.9.3 SK Lubricants Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.9.4 SK Lubricants Car Engine Oil Products Offered
10.9.5 SK Lubricants Recent Development
10.10 Hyundai Oilbank
10.10.1 Hyundai Oilbank Company Information
10.10.2 Hyundai Oilbank Introduction and Business Overview
10.10.3 Hyundai Oilbank Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hyundai Oilbank Car Engine Oil Products Offered
10.10.5 Hyundai Oilbank Recent Development
10.11 Sinopec
10.11.1 Sinopec Company Information
10.11.2 Sinopec Introduction and Business Overview
10.11.3 Sinopec Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Sinopec Car Engine Oil Products Offered
10.11.5 Sinopec Recent Development
10.12 CNPC
10.12.1 CNPC Company Information
10.12.2 CNPC Introduction and Business Overview
10.12.3 CNPC Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.12.4 CNPC Car Engine Oil Products Offered
10.12.5 CNPC Recent Development
10.13 DongHao
10.13.1 DongHao Company Information
10.13.2 DongHao Introduction and Business Overview
10.13.3 DongHao Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.13.4 DongHao Car Engine Oil Products Offered
10.13.5 DongHao Recent Development
10.14 LOPAL
10.14.1 LOPAL Company Information
10.14.2 LOPAL Introduction and Business Overview
10.14.3 LOPAL Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.14.4 LOPAL Car Engine Oil Products Offered
10.14.5 LOPAL Recent Development
10.15 Copton
10.15.1 Copton Company Information
10.15.2 Copton Introduction and Business Overview
10.15.3 Copton Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Copton Car Engine Oil Products Offered
10.15.5 Copton Recent Development
10.16 LURODA
10.16.1 LURODA Company Information
10.16.2 LURODA Introduction and Business Overview
10.16.3 LURODA Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.16.4 LURODA Car Engine Oil Products Offered
10.16.5 LURODA Recent Development
10.17 Jiangsu Gaoke
10.17.1 Jiangsu Gaoke Company Information
10.17.2 Jiangsu Gaoke Introduction and Business Overview
10.17.3 Jiangsu Gaoke Car Engine Oil Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Jiangsu Gaoke Car Engine Oil Products Offered
10.17.5 Jiangsu Gaoke Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Car Engine Oil Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Car Engine Oil Industrial Chain Analysis
11.4 Car Engine Oil Market Dynamics
11.4.1 Car Engine Oil Industry Trends
11.4.2 Car Engine Oil Market Drivers
11.4.3 Car Engine Oil Market Challenges
11.4.4 Car Engine Oil Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Car Engine Oil Distributors
12.3 Car Engine Oil Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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