Automotive Lubricants Market 2019 | Trends, Top Manufactures, Market Dynamics, Industry Growth Analysis & Forecast 2027

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Automotive Lubricants Market Research Report -
Forecast to 2027
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2027
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Automotive Lubricants Market Research Report-
Forecast to 2027
Automotive Lubricants Market - Overview
The Global Automotive Lubricants Market is
predicted to demonstrate a robust CAGR during the
forecast period (2017-2027) owing to the
increasing number of passenger cars, asserts
Market Research Future (MRFR). Lubricant is
referred to as a substance which is utilized to
minimize the friction between surfaces that are
mutually in contact, thus reducing the heat
generated when the surfaces are in motion. In the
automotive sector, lubricants are used to enhance
the overall function and durability of a vehicle
and safeguard it from friction, wear and tear,
and high temperatures. Industry
Updates January 14, 2018 The market leader in
lubricants, Shell Lubricants has recently
announced a new strategic partnership with
Mahindra Mahindra Ltd, which is a part of the
USD 20.7 billion Mahindra Group. Mahindra and
shell will be working together in order to
provide market-leading and high-performance
lubricant products like transmission and axle
oils, engine oils, under the 'Maximile' brand.
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Automotive Lubricants Market Research Report-
Forecast to 2027
Segmental Analysis
The Global Automotive Lubricants Market has been
segmented on the basis of Type, Vehicle, and
Region. By Mode of Type, the Global Automotive
Lubricants Market has been segmented into gear
oil, engine oil, transmission fluids, grease,
engine coolant, and other fluids. Gear oil is
referred to as a type of lubricant made for
differentials in trucks, automobiles,
transmissions, and other types of machineries.
Engine coolant is a water-based liquid which
absorbs heat from the engine and the coolant
turns hot itself which is later transferred to a
radiator located at the front of the car. Among
these, the engine oil segment occupies a dominant
share owing to it slow drain interval time and is
extensively used in diesel trucks, passenger
cars, and light-duty trucks. By Mode of
Vehicles, the Global Automotive Lubricants Market
has been segmented into light, heavy, and
commercial vehicles. Browse Report Details _at_
https//www.marketresearchfuture.com/reports/autom
otive-lubricants-market-1225
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Automotive Lubricants Market Research Report-
Forecast to 2027
Regional Outlook
Geographically, the Automotive Lubricants Market
span across regions namely, North America,
Europe, Middle East, South America, Asia Pacific,
and Africa. Among all the regions, the Asia
Pacific region is considered to be one of the
dominating regions during the appraisal period.
The growth is attributed to the increasing demand
for vehicles due to the growing population in
this region. Moreover, in developing economies
like India and China, the automotive sector is
surging at a tremendous rate which is
contributing to the market growth in this region.
With the growth in average lifespan of vehicles
in operation, burgeoning demand for light
passenger vehicles, and augmenting number of
vehicle manufacturing facilities due to the low
production cost have further fueled the
production capacity in this region. The North
American region is predicted to expand with the
highest CAGR owing to the presence of the U.S.
High demand for Automotive Lubricants accounts
for substantial increase in the demand for
lubricants with environmental advantages and high
performance. Moreover, the rising number of
automotive vehicles in this region is also
considered to generate profits.
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Automotive Lubricants Market Research Report-
Forecast to 2027
Major Players in this Research

• Automotive Lubricants Market Prominent Players
• ExxonMobil Corporation(U.S.A)
• Chevron Corporation(U.S.A)
• Fuchs Lubricants Co.(U.S.A)
• ConocoPhillips Corporation(U.S.A)
• BP plc (U.K.)
• LUKOIL Oil Company (Russia)
• IDEMITSU Kosan Co. Ltd.(Japan)
• Royal Dutch Shell plc (Netherlands)
• Total S.A.
• Valvoline (U.S.A)

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