市場調查報告書
商品編碼
391760

汽車用潤滑油的全球市場:成長,趨勢,及預測 - 2020年∼2025年

Automotive Lubricants Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

出版日期: | 出版商: Mordor Intelligence Pvt Ltd | 英文 150 Pages | 商品交期: 2-3個工作天內

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  • 全貌
  • 簡介
  • 目錄
簡介

汽車潤滑油的全球市場在2020年∼2025年間,預測將以約2%的年複合成長率擴大。帶動市場的主要原因,是高性能潤滑油的採用增加。

本報告提供全球汽車用潤滑油市場的相關調查,市場機會和趨勢,成長及阻礙因素,法規政策,各產品類型、地區的市場分析,競爭情形,主要企業的簡介等資訊。

目錄

第1章 簡介

  • 調查成果
  • 調查的假設
  • 調查範圍

第2章 調查方法

第3章 摘要整理

第4章 市場動態

  • 成長要素
    • 高性能潤滑油的採用增加
    • 其他
  • 阻礙因素
  • 產業價值鏈分析
  • 波特的五力分析
  • 法規政策分析

第5章 市場區隔

  • 各產品類型
    • 機油
    • 變速箱及油壓工作油
    • 一般工業油
    • 齒輪油
    • 潤滑脂
    • 加工處理油
    • 其他
  • 各地區
    • 亞太地區
    • 北美
    • 歐洲
    • 南美
    • 中東、非洲地區

第6章 市場未來展望

第7章 競爭情形

  • 市場佔有率分析
  • 主要企業採用的策略
  • 企業簡介
    • AMSOIL INC
    • Bharat Petroleum Corporation Limited
    • BP p.l.c. (Castrol)
    • Chevron Corporation
    • China Petrochemical Corporation (Sinopec)
    • Exxon Mobil Corporation
    • FUCHS
    • Gazpromneft - Lubricants Ltd.
    • Gulf Oil Lubricants India Ltd (Hinduja Group)
    • HPCL
    • Illinois Tool Works Inc.
    • Indian Oil Corporation Ltd
    • JXTG能源
    • Kluber Lubrication
    • LUKOIL
    • Motul
    • Petrobras
    • PETRONAS Lubricants International
    • Phillips 66 Company
    • PT Petramina (Persero)
    • Repsol
    • Royal Dutch Shell
    • SK Lubricants Co. Ltd
    • Tide Water Oil Co. (India) Ltd (Veedol International Ltd)
    • Total
    • Valvoline LLC

第8章 市場機會及未來趨勢

  • 中東、非洲地區的汽車產業的成長
目錄
Product Code: 53373

The automotive lubricants market size was estimated at around 20 million metric ton in 2020, and the market is projected to register a CAGR of over 2.5% during the forecast period (2021-2026).

The market was negatively impacted by COVID-19 in 2020. The declining automotive industry, along with the temporary shutdown of automotive manufacturing units and various industrial activities due to the ongoing pandemic scenario, has declined the consumption of engine oil, gear oils, and greases, thus creating a negative impact on the demand in the automotive lubricants market.

Key Highlights

  • Over the short term, the growing adoption of high-performance lubricants is expected to drive the market's growth.
  • On the other hand, extended drain intervals of lubricants and the modest impact of electric vehicles (EVs) are expected to hinder the market's growth.
  • Engine oil dominated the market, and it is expected to continue the growth during the forecast period.
  • Asia-Pacific dominated the market, followed by North America and Europe across the world with the largest consumption from the countries, such as China, India, the United States, and Russia, among others.

Key Market Trends

Increasing Usage of Engine Oils

  • Engine oils are widely used to lubricate internal combustion engines and are generally composed of 75-90% base oils and 10-25% additives.
  • They are typically used for applications, such as wear reduction, corrosion protection, and smooth operation of engine internals. They function by creating a thin film between the moving parts for enhancing the transfer of heat and reducing tension during the contact of parts.
  • Between technology improvements and government-mandated fuel economy requirements, automakers have been manufacturing light vehicles with tight tolerances, which makes them more durable.
  • High-mileage engine oils are in demand lately, owing to the properties that help in the prevention of oil leaks and the reduction of oil consumption.
  • The light motor vehicles segment has the highest consumption rate of engine oils among all segments.
  • Heavy-duty motor vehicle engine oils are high-viscosity engine oils, which are used in on-highway and off-highway heavy vehicle applications. These engine oils are manufactured to help sustain extreme geographical and strict emission standards.
  • Up to Q3 of 2019, about 67.47 million vehicles were produced globally and has reached about 52 million vehicles up to Q3 of 2020, registering a decline rate of about 23%, thus led to a decrease in the demand for engine oils, greases, and others, which, in turn, negatively impacted the market growth of automotive lubricants.
  • Most of the light and heavy vehicle diesel and gasoline engines use 10W40 and 15W40 viscosity-grade oils.
  • As of Q3 2019, about 15.37 million light commercial vehicles were produced globally and reached about 11.79 million till Q3 2020, registering a decline rate of about 23.2%. Thus, this led to a decrease in the demand for engine oils, which in turn, negatively impacted the market growth of automotive lubricants.
  • The average age of vehicles has been increasing at a constant rate over the years. This factor provides an opportunity in terms of the refill market. The increasing average age of passenger cars and the growing urban population in the developing countries are the factors expected to drive the market for engine oils.
  • Owing to the increased engine oil change intervals, technological advancements are imposing a threat to the growth of the engine oil segment in terms of volume consumption. Therefore, the aforementioned factors are expected to show a significant impact on the automotive lubricants market in the coming years.

Asia-Pacific is Expected to Dominate the Market

  • The Asia-Pacific region dominated the global market share. In the region, China is the largest lubricant market and is expected to remain so in the coming years, irrespective of the economy witnessing slow economic growth.
  • The government is focusing on replacing obsolete vehicles, in turn, increasing the demand for improved and high-performance lubricants. At the same time, India is the second-largest lubricant market in the region and the third-largest in the world.
  • China is the world's largest automotive producer. As of Q3 2019, China had produced 18.17 million vehicles and reached 16.96 million vehicles by Q3 2020, registering a decline rate of about 6.66%, which negatively impacted the demand for the regional automotive lubricants market.
  • Indonesia is one of the major consumers of lubricants in the ASEAN region. Japan is the fifth-largest consumer of lubricants in the world.
  • The Japanese automotive industry has been witnessing slow growth for the past two years, primarily due to the drastic drop in the sale and production of motor vehicles. As of Q3 2019, Japan had produced 7.37 million vehicles and reached 5.69 million vehicles by Q3 2020, registering a decline rate of about 22%, which negatively impacted the demand for the regional automotive lubricants market.
  • Therefore, the aforementioned factors are expected to show a significant impact on the automotive lubricants market in the coming years.

Competitive Landscape

The automotive lubricants market is partially consolidated, with intense competition among the top players. These major companies include Royal Dutch Shell PLC, Chevron Corporation, BP PLC, Exxon Mobil Corporation, and TotalEnergies, among others.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Adoption of High-performance Lubricants
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Extended Drain Intervals
    • 4.2.2 Modest Impact of Electric Vehicles (EVs) in the Future
    • 4.2.3 Declining Automotive Industry Growth and Further Impact of COVID-19
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition
  • 4.5 Regulatory Policy Analysis

5 MARKET SEGMENTATION (Market Size by Volume)

  • 5.1 Product Type
    • 5.1.1 Engine Oils
    • 5.1.2 Transmission Oils
    • 5.1.3 Hydraulic Fluids
    • 5.1.4 Greases
  • 5.2 Vehicle Type
    • 5.2.1 Passenger Vehicles
    • 5.2.2 Commercial Vehicles
    • 5.2.3 Motorcycles
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
      • 5.3.1.1 China
      • 5.3.1.2 India
      • 5.3.1.3 Japan
      • 5.3.1.4 South Korea
      • 5.3.1.5 Philippines
      • 5.3.1.6 Indonesia
      • 5.3.1.7 Malaysia
      • 5.3.1.8 Thailand
      • 5.3.1.9 Vietnam
      • 5.3.1.10 Rest of Asia-Pacific
    • 5.3.2 North America
      • 5.3.2.1 United States
      • 5.3.2.2 Canada
      • 5.3.2.3 Mexico
    • 5.3.3 Europe
      • 5.3.3.1 Germany
      • 5.3.3.2 United Kingdom
      • 5.3.3.3 Italy
      • 5.3.3.4 France
      • 5.3.3.5 Russia
      • 5.3.3.6 Turkey
      • 5.3.3.7 Spain
      • 5.3.3.8 Poland
      • 5.3.3.9 Rest of Europe
    • 5.3.4 South America
      • 5.3.4.1 Brazil
      • 5.3.4.2 Argentina
      • 5.3.4.3 Chile
      • 5.3.4.4 Colombia
      • 5.3.4.5 Rest of South America
    • 5.3.5 Middle-East and Africa
      • 5.3.5.1 Saudi Arabia
      • 5.3.5.2 South Africa
      • 5.3.5.3 United Arab Emirates
      • 5.3.5.4 Morocco
      • 5.3.5.5 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers, Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 AMSOIL INC.
    • 6.4.2 Bharat Petroleum Corporation Limited
    • 6.4.3 BP PLC (Castrol)
    • 6.4.4 Chevron Corporation
    • 6.4.5 China National Petroleum Corporation
    • 6.4.6 China Petroleum & Chemical Corporation
    • 6.4.7 ENEOS
    • 6.4.8 Exxon Mobil Corporation
    • 6.4.9 FUCHS
    • 6.4.10 Gazprom Neft PJSC
    • 6.4.11 Gulf Oil Lubricants India Ltd (Hinduja Group)
    • 6.4.12 Hindustan Petroleum Corporation Limited
    • 6.4.13 Indian Oil Corporation Ltd
    • 6.4.14 LUKOIL
    • 6.4.15 Motul
    • 6.4.16 Petrobras
    • 6.4.17 PETRONAS Lubricants International
    • 6.4.18 Phillips 66 Company
    • 6.4.19 PT Pertamina Lubricants
    • 6.4.20 Repsol
    • 6.4.21 Royal Dutch Shell PLC
    • 6.4.22 SK Lubricants Co. Ltd
    • 6.4.23 TotalEnergies
    • 6.4.24 Valvoline Inc.
    • 6.4.25 Veedol International Limited

7 MARKET OPPORTUNITIES AND FUTURE TRENDS