Automotive Engine Oil Market Worth $100 Billion In 2017

The latest report from business intelligence provider Visiongain offers in depth analysis of the world automotive engine oil market. Visiongain assesses that this market will generate revenues of $100bn in 2017.

LONDON, UK. 8th March 2017: Visiongain’s new report the Automotive Engine Oil Market Report 2017-2027 Forecasts by Base Oil Type (Synthetic, Mineral), By Engine Type (Gasoline, Diesel, Natural Gas), By Vehicle Type (Passenger Car, Commercial Vehicle, Motorcycle) & By Region Plus Analysis of Leading Companies indicates that the global automotive engine oil market will see $100bn in spending in 2017.
The lead analyst of the report said: “Tightening, emissions regulations by government, increasing demand for low maintenance and low friction and fuel efficient engines from consumers, and demand for more advanced synthetic oils are all factors driving the automotive engine oil market.  However, growing demand from electric vehicles and counterfeit lubricants remain potential threats to the longer-term market outlook.”
The 144-page report contains 165 tables, charts and graphs that add visual analysis to explain developing trends within the automotive engine oil market. Visiongain provides volume (KT) and market value ($m) forecasts for the period 2017-2027 for the leading automotive engine oil submarkets, namely by base oil Type (Synthetic, Mineral), by engine type (Gasoline, Diesel, Natural Gas), and by vehicle type (Passenger Car, Commercial Vehicle, Motorcycle)
The 144-page report offers market forecasts in volume (KT) and market value ($m) terms for 4 regions and 15 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 10 companies leading the field in automotive engine oil.
The Automotive Engine Oil Market Report 2017-2027 Forecasts By Base Oil Type (Synthetic, Mineral), By Engine Type (Gasoline, Diesel, Natural Gas), By Vehicle Type (Passenger Car, Commercial Vehicle, Motorcycle) & By Region Plus Analysis of Leading Companies report will be of value to anyone who wants to better understand the automotive engine oil market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the automotive industry.