According to the Regional Research Reports, the Global Passenger Car Motor Oil Market is expected to reach USD 22.43 billion by 2030 from USD 19.4 Billion in 2021. The global passenger car motor oil market size is projected to grow at a CAGR of 3.2% from 2022 to 2030. Passenger car motor oil helps care for and improve the overall functioning and efficiency of engines in passenger cars and other automotive vehicles. The motor oil lubricates the used in internal combustion engines, reducing the friction created in the moving parts and carrying out heat generated in moving parts. The Passenger car motor oils are made from a blend of natural oils obtained from petroleum-based hydrocarbons and synthesized. These oils prevent overheating, corrosion, rust, and obstructing the formation of engine deposits.
Global Passenger Car Motor Oil Market Segmentation
Regional Research Reports has segmented the global passenger car motor oil market based on viscosity grade and type at a regional and global level. Geographically, the research report has considered the five regions: North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Moreover, the research study focuses on the market analysis of the tier-1 countries, such as the USA, China, Germany, India, the UK, Japan, France, Italy, Spain, Russia, South Korea, and other territories.
Global Passenger Car Motor Oil (PCMO) Market Analysis by Viscosity Grade
- Multi-Grade
- 25W-50/25W-60
- 15W-40/15W-50
- 20W-40/20W-50
- 10W-30/10W-40
- Mono Grade
- SAE 40
- SAE 30
- SAE 50
- SAE 20
Global Passenger Car Motor Oil (PCMO) Market Analysis by Type
- Full Synthetic
- Synthetic Blend
- Conventional
- High Mileage
Global Passenger Car Motor Oil Market Growth, by Region and Country, 2018-2021, 2022-2030 (US$ Millions)
Global Passenger Car Motor Oil (PCMO) Market Analysis, by Region and Country
- North America (US, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Spain, Russia, Switzerland, Poland, Belgium, the Netherlands, Norway, Sweden, Czech Republic, Slovakia, Slovenia, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Vietnam, Singapore, Australia & New Zealand, Rest of Asia Pacific)
- South America (Brazil, Argentina, Peru, Colombia, Rest of South America)
- The Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Qatar, Northern Africa, Rest of MEA)
Global Passenger Car Motor Oil Market Competitive: Key Players
The report includes a detailed analysis of leading market players, such as:
- Key companies Passenger Car Motor Oil revenues in global market, 2018-2021 (Estimated), (US$ Millions)
- Key companies Passenger Car Motor Oil revenues market share in global market, 2021 (%)
- Key companies Passenger Car Motor Oil sold in the global market, 2018-2021 (Estimated)
Leading Passenger Car Motor Oil Manufacturers –
- Exxon Mobil Corporation
- Royal Dutch Shell PLC
- Infineum International Limited
- Valvoline Inc.
- Gulf Oil Lubricants India Limited
- The Lubrizol Corporation
- Chevron Corporation
- BP PLC
- Total
- China Petroleum & Chemical Corporation
- Petro?Canada Lubricants Inc.
- GP Petroleums Ltd
- Caltex Australia
- Petromin Corporation
- China National Petroleum Corporation
(Note: The list of the key market players can be updated with the latest market scenario and trends)
Passenger Car Motor Oil Market Report Covers Comprehensive Analysis On:
- Market Segmentation & Regional Analysis
- Market Size of 10 years
- Pricing Analysis
- Supply & Demand Analysis
- Product Life Cycle Analysis
- Porter's Five Forces & Value/Supply Chain Analysis
- Developed & Emerging Economies Analysis
- PESTEL Analysis
- Market and Forecast Factor Analysis
- Market Opportunities, Risks, & Trends
- Conclusion & Recommendation
- Regulatory Landscape
- Patent Analysis
- Competition Landscape
- 15+ Company Profiles
Passenger Car Motor Oil Market Research Methodology
The report is based on analysis through extensive secondary research and primary Interviews.
The secondary data sources include the company website, annual reports, investor presentations, press releases, white papers, journals, certified publications, government websites, and articles from the industry.
Similarly following is the list of a few paid secondary sources/databases,
- Factiva
- Statista
- D&B Hoovers
- Owler
- Enlyft
- HG Insights
- Bloomberg
- Crunchbase
The primary sources include CXOs, VPs, directors, technology & innovation directors, product managers, and related executives from key organizations from both the supply and demand sides. Similarly, we have also interviewed various end user organizations. We cannot reveal the end-user organizations due to non-disclosure agreements.
For instance, the region forecast is based on extensive secondary research and primary Interviews. We have conducted primary interviews across the regions to get more region-specific insights. Additionally, primary interviews were conducted with independent consultants and subject matter experts in respective regions. These experts were interviewed to obtain qualitative and quantitative information related to the market and validate the research findings and estimations. The primary and secondary data inputs referred for triangulation and forecast for the region segment are as follows,
- Top Player's historic revenues and Year on Year Growth
- Top Players' regional presence and revenue patterns
- Recent Developments and strategies of vendors and end users (E.g., Mergers & Acquisitions, Partnerships, New Product Launch, and others)
- R&D Investments & Innovation Landscape
- Start-up Ecosystem and Funding Initiatives
- Regulatory Environment and Implications (Country or region Specific)
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