Market Overview:
The global automotive lubricants aftermarket is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for automotive lubricants from passenger cars and commercial vehicles segments. On the basis of type, standard lubricants are expected to account for a major share of the global automotive lubricants aftermarket during the forecast period. However, deep down lubricants are anticipated to register highest CAGR over the forecast period owing to their ability protect engine parts from wear and tear. Passenger cars segment is expected to dominate the global automotive lubricant aftermarket with highest market share in terms of value during 2018-2030.
Product Definition:
The automotive lubricants aftermarket refers to the distribution and sale of lubricants that are used in automobiles. The automotive lubricants aftermarket is important because it allows motorists to maintain their vehicles and keep them running smoothly. Lubricants can help protect engines from wear and tear, as well as improve fuel economy.
Standard:
The global standard lubricant is a blend of mineral and synthetic oils. It has been used as an essential component in the aftermarket for automobiles, which are now being replaced by greener products such as motor oil. The growth factor for this market is the growing demand from Asia Pacific countries such as China, India, Japan and Thailand owing to rising disposable income along with increasing vehicle production.
Deep Down:
The Deep Down is a mixture of lubricants and additives that are used to reduce the viscosity of lubricating oils. It is added in small quantities to engine oil or gearbox oil as it has a high flash point. The addition of Deep Down helps in reducing the viscosity without any adverse effect on the properties such as shear stability, oxidation, thermal stability or additive package performance.
Application Insights:
Passenger cars application segment led the global automotive lubricants market in 2017 and is projected to maintain its dominance over the forecast period. The growing demand for passenger vehicles as a mode of transportation is expected to have a positive impact on industry growth. In addition, increasing penetration of 4WDs in developed countries such as U.S., Canada, Germany and France is anticipated to drive demand for oils and greases in future.
Commercial vehicles application segment accounted for more than 30% share of the overall revenue in 2017 owing to rising utilization of commercial vehicles such as trucks, buses among others across various end-use industries including construction, mining among others globally. Growing utilization rate coupled with low maintenance cost per vehicle compared with passenger cars are likely to propel product demand from 2018to 2030ADVANCE/AGO/ALLFORD OIL CO.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region with a CAGR of XX% from 2018 to 2030. The growth in this region will be driven by the increasing production and sales of passenger cars and commercial vehicles in China, India, Japan, South Korea, Thailand and Indonesia. In addition, rising disposable income coupled with an increase in consumer preference for high performance vehicles is likely to have a positive impact on market growth over the forecast period.
Europe accounted for more than 25% share of global revenue in 2017 owing to stringent regulations regarding carbon dioxide emissions coupled with other environmental pollutants caused during vehicle operation such as nitrous oxide (NOx) and hydrocarbon (HC) emissions.
Growth Factors:
- Increasing demand for automotive lubricants from the developing countries as their economies grow
- Proliferation of new vehicle models and variants that require different types of lubricants, thereby driving the demand for automotive lubricants
- Stringent emission norms across regions that mandate the use of high-quality automotive lubricants
- Technological advancements in automobiles that have led to increased engine complexity, which in turn has resulted in higher demand for premium quality automotive lubricants
- Growing awareness about the benefits of using synthetic vs mineral-based automotive lubricants among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Lubricants Aftermarket Market Research Report
By Type
Standard, Deep Down, Roll Pan
By Application
Passenger Cars, Commercial Vehicles
By Companies
Compagnie Plastic Omnium SA, Magna International, TONG YANG GROUP, NFT India, TOYOTA BOSHOKU CORPORATION, SEOYON E-HWA, TOYODA GOSEI, Montaplast GmbH, Magneti Marelli, LG HAUSYS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Lubricants Aftermarket Market Report Segments:
The global Automotive Lubricants Aftermarket market is segmented on the basis of:
Types
Standard, Deep Down, Roll Pan
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Compagnie Plastic Omnium SA
- Magna International
- TONG YANG GROUP
- NFT India
- TOYOTA BOSHOKU CORPORATION
- SEOYON E-HWA
- TOYODA GOSEI
- Montaplast GmbH
- Magneti Marelli
- LG HAUSYS
Highlights of The Automotive Lubricants Aftermarket Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Standard
- Deep Down
- Roll Pan
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Lubricants Aftermarket Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive lubricants aftermarket is a term used to describe the sale of lubricants not originally intended for automotive use. These products can be used in both personal and commercial vehicles.
Some of the major companies in the automotive lubricants aftermarket market are Compagnie Plastic Omnium SA, Magna International, TONG YANG GROUP, NFT India, TOYOTA BOSHOKU CORPORATION, SEOYON E-HWA, TOYODA GOSEI, Montaplast GmbH, Magneti Marelli, LG HAUSYS.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Lubricants Aftermarket Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Lubricants Aftermarket Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Lubricants Aftermarket Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Lubricants Aftermarket Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Lubricants Aftermarket Market Size & Forecast, 2020-2028
4.5.1 Automotive Lubricants Aftermarket Market Size and Y-o-Y Growth
4.5.2 Automotive Lubricants Aftermarket Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Standard
5.2.2 Deep Down
5.2.3 Roll Pan
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Lubricants Aftermarket Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Lubricants Aftermarket Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Standard
9.6.2 Deep Down
9.6.3 Roll Pan
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Standard
10.6.2 Deep Down
10.6.3 Roll Pan
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Standard
11.6.2 Deep Down
11.6.3 Roll Pan
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Standard
12.6.2 Deep Down
12.6.3 Roll Pan
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Standard
13.6.2 Deep Down
13.6.3 Roll Pan
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Lubricants Aftermarket Market: Competitive Dashboard
14.2 Global Automotive Lubricants Aftermarket Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Compagnie Plastic Omnium SA
14.3.2 Magna International
14.3.3 TONG YANG GROUP
14.3.4 NFT India
14.3.5 TOYOTA BOSHOKU CORPORATION
14.3.6 SEOYON E-HWA
14.3.7 TOYODA GOSEI
14.3.8 Montaplast GmbH
14.3.9 Magneti Marelli
14.3.10 LG HAUSYS
