Global Automotive Lubricant Addictive Market is Expected to grow at a CAGR of 8.1% from 2014 to 2019
To analyze the global automotive lubricant market thoroughly, the report is segmented on the basis of vehicle type, application, and geography. Common vehicle types like passenger cars, light commercial vehicles, and heavy commercial vehicles are used to segregate the market by vehicle type.
Global, June 12, 2015 (Newswire.com) - The global automotive lubricant market is estimated to grow at a CAGR of 8.1% from 2014 to 2019. Asia-Pacific holds the largest market share, in terms of value—that is, 52%—and is expected to grow at a CAGR of 8.7% during the forecast period. It is followed by North America and Europe.
To analyze the global automotive lubricant market thoroughly, the report is segmented on the basis of vehicle type, application, and geography. Common vehicle types like passenger cars, light commercial vehicles, and heavy commercial vehicles are used to segregate the market by vehicle type. Three major application segments have been covered, namely, engine oil, transmission fluid, and brake fluid. Regions included in the report are Asia-Pacific, North America, Europe, and RoW.
The light commercial vehicle segment of the automotive lubricant market is estimated to grow at the highest CAGR—that is, 11.3%—from 2014 to 2019.It is followed by the heavy commercial vehicle and passenger car segments.
The growth of the automotive lubricant market is driven by factors such as the growing demand for light and heavy commercial vehicles, government legislations on automotive lubricants, and increasing vehicle life span. Factors which restrict market growth are the downsizing of engines in passenger cars and changing raw material prices.
Browse through the market data tables, figures and detailed TOC on the “Global Automotive Lubricant Addictive Market”.
http://www.micromarketmonitor.com/market-report/automotive-lubricant-additives-reports-5720337959.html
Related Reports
Global Heavy Duty Motor Oil (HDMO) Automotive Lubricant Market
Heavy Duty Motor Oil (HDMO) Automotive Lubricant and Passenger Car Motor Oil (PCMO) Automotive Lubricant and Other Automotive Lubricant adds up to total Automotive Lubricant market.
Heavy Duty Motor Oil (HDMO) Automotive Lubricant can be segmented by Companies, Geographies, Ingredients, Applications and Functions. Companies of this market are ADCO Global Inc., ACE Geosynthetics Enterprise Co., Ltd. and AICELLO CHEMICAL CO. LTD. Geographies of this market are Asia-Pacific, Americas, Europe and Rest of World. Ingredients of this market are Ethylene Propylene Diene Monomer (EPDM), Olefins, Maleic Anhydride, Polyisobutylene, Phenol and Ingredients (Others). Applications of this market are Lubricant, Mineral Oil Lubricants, Biobased Lubricants and Synthetic Oil Lubricants. Functions of this market are Dispersants.
http://www.micromarketmonitor.com/market-report/heavy-duty-motor-oil-hdmo-automotive-lubricant-reports-4793423843.html
Global Passenger Car Motor Oil (PCMO) Automotive Lubricant Market
Passenger Car Motor Oil (PCMO) Automotive Lubricant and Heavy Duty Motor Oil (HDMO) Automotive Lubricant and Other Automotive Lubricant adds up to total Automotive Lubricant market.
Passenger Car Motor Oil (PCMO) Automotive Lubricant can be segmented by Companies, Geographies, Ingredients, Applications and Functions. Companies of this market are ADCO Global Inc., ACE Geosynthetics Enterprise Co., Ltd. and AICELLO CHEMICAL CO. LTD. Geographies of this market are Asia-Pacific, Americas, Europe and Rest of World. Ingredients of this market are Ethylene Propylene Diene Monomer (EPDM), Olefins, Maleic Anhydride, Polyisobutylene, Phenol and Ingredients (Others). Applications of this market are Lubricant, Mineral Oil Lubricants, Biobased Lubricants and Synthetic Oil Lubricants. Functions of this market are Dispersants.
Key Questions Answered
What are market estimates and forecasts; which of Passenger Car Motor Oil (PCMO) Automotive Lubricant markets are doing well and which are not?
http://www.micromarketmonitor.com/market-report/passenger-car-motor-oil-pcmo-automotive-lubricant-reports-2270594194.html
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