The Automotive Engine Oil Global Market Report 2023, provides comprehensive information on the automotive engine oil market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/automotive-engine-oil-global-market-report
As per The Business Research Company’s Automotive Engine Oil Global Market Report 2023, the global automotive engine oil market size grew from $38.61 billion in 2022 to $38.22 billion in 2023 at a compound annual growth rate (CAGR) of -1.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive engine oil market size is expected to grow to $44.62 billion in 2027 at a CAGR of 3.9%.
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The automotive engine oil market is segmented:
1) By Grade: Mineral, Synthetic, Semi-Synthetic
2) By Engine: Gasoline, Diesel, Alternative Fuel
3) By Technology: Premium Conventional Engine Oil, Full Synthetic Engine Oil, Synthetic Blend Engine Oil, Higher Mileage Engine Oil
4) By Application: Passenger Vehicles, LCV, HCV, Two-Wheelers, Other Applications
Asia-Pacific was the largest region in the automotive engine oil market in 2022.
The table of contents in TBRC’s automotive engine oil market report includes:
- Executive Summary
- Automotive Engine Oil Market Characteristics
- Automotive Engine Oil Market Trends And Strategies
- Automotive Engine Oil Market – Macro Economic Scenario
- Automotive Engine Oil Market Size And Growth
…..
- Africa Automotive Engine Oil Market
- Automotive Engine Oil Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Automotive Engine Oil Market
- Automotive Engine Oil Market Future Outlook and Potential Analysis
- Appendix
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