NEW YORK, Feb. 14, 2017 /PRNewswire/ — The Global Automotive Lubricants Market is poised to grow at a CAGR of around 4.6% over the next decade to reach approximately $87.1 billion by 2025. Some of the prominent trends that the market is witnessing include automotive industry shows lucrative growth in emerging economies, bio-lubricants is attaining growth in recent years to control pollution, recent technological developments of automotive lubricants and growth opportunities/investment opportunities.
Based on application, the market is segmented into agricultural equipment, marine equipment, recreational equipment, aerospace equipment, motor vehicles, railroad equipment and construction equipment. Motor vehicle is further divided into heavy duty trucks buses and light vehicles. By lubricants type, market is segregated into engine oil, transmission fluids, gear oil, grease and other lubricants types. Depending upon base oil, market is divided into bio-based fluid, mineral oil and synthetic oil.
By product, the automotive lubricant market is categorised into commercial automotive, industrial and passenger vehicle motor oil. Industrial is sub divided into industrial engine oils, process oils, general industrial oils, metal working fluids and other industrial lubricants.
This industry report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
- Rest of Europe
- New Zealand
- Rest of Asia
- Saudi Arabia
- Rest of Middle East
- Rest of Latin America
Rest of the World
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments
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