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Wednesday, 30 September 2015

Analysts forecast the global passenger car motor oil market to grow at a CAGR of 2.92% over the period 2014-2019

About passenger car motor oil

PCMO refers to motor oils for gasoline and diesel engines used in passenger vehicles. It reduces friction and wear and tear of the moving engine's crankshaft, connecting rods, bearings, and pistons. It also serves as an effective coolant. It inhibits the formation of deposits and prevents rust and corrosion.

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The market figures in the report include different viscosity grades of oil components, namely mono-grade and multi-grade.

Analysts forecast the global passenger car motor oil market to grow at a CAGR of 2.92% over the period 2014-2019.

Covered in this report

Report, Global Passenger Car Oil Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion of the market, an extensive coverage on different engine types, engine oil standards and specifications, function class and chemical class, viscosity grades, and demand-supply dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.

The report presents data on the following segments of the market:
Engine type: gasoline engines and diesel engines
Engine oil standards and specifications: SAE, ILSAC, API, and ACEA
Function class and chemical class: dispersants, VII, OCP, styrenes, detergents, anti-wear, antioxidants, and others
Viscosity grade: mono-grade engine oils and multi-grade engine oils
Geography: APAC, EMEA, North America, and ROW

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Key vendors
Afton
Chevron Oronite
Infineum
Lubrizol

Other prominent vendors
Amtecol
Croda
Evonik
Multisol
Total

Market drivers
Development of new emission control technologies
For a full, detailed list, view our report

Market challenges
Constant need for technological upgrading
For a full, detailed list, view our report


Market trends
De-motorization and lifestyle choices
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the various engine oil specifications and standards in prevalence?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space and what is the nature of competition between them?
What are the market opportunities and threats faced by the key vendors?

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