The global heavy duty diesel engine oils market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of this market is driven by the increasing demand for heavy duty diesel engines in emerging economies such as India and China, which are witnessing rapid economic growth and industrialization. The increasing demand for heavy duty diesel engines in these countries has led to an increase in the number of vehicles on roads, thereby leading to an increase in the demand for engine oils.
Full synthetic engine oils are expected to dominate this market during the forecast period due to their high performance and low cost vis-à-vis other types of engine oils such as synthetic blend or mineral oil based products. Full synthetic engine oils offer better protection against wear and corrosion than other types of products due to their higher viscosity index (VI) values, which provide better lubrication properties than other types of products available in the market today.
Some Of The Growth Factors Of This Market:
- Diesel engines are more fuel efficient than gasoline engines and emit less carbon dioxide per unit of energy produced than gasoline engines do; this makes them an attractive option for countries with high fuel prices or strict environmental regulations on emissions such as China and India.
- Heavy duty diesel engine oils are used in trucks, buses, trains, ships, locomotives and other vehicles that use diesel engines; these vehicles account for a significant share of the global heavy duty diesel engine oil consumption due to their extensive usage in transportation sector worldwide .
Industry Growth Insights published a new data on “Heavy Duty Diesel Engine Oils Market”. The research report is titled “Heavy Duty Diesel Engine Oils Market research by Types (Full Synthetic, Synthetic Blend), By Applications (Off-Road Equipment, Heavy-Duty Truck, Other), By Players/Companies Shell, Valvoline, ExxonMobil, BP, TOTAL, Sinopec, Royal Purple, Liqui Moly”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heavy Duty Diesel Engine Oils Market Research Report
By Type
Full Synthetic, Synthetic Blend
By Application
Off-Road Equipment, Heavy-Duty Truck, Other
By Companies
Shell, Valvoline, ExxonMobil, BP, TOTAL, Sinopec, Royal Purple, Liqui Moly
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Heavy Duty Diesel Engine Oils Market Report Segments:
The global Heavy Duty Diesel Engine Oils market is segmented on the basis of:
Types
Full Synthetic, Synthetic Blend
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
Off-Road Equipment, Heavy-Duty Truck, Other
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:
- Shell
- Valvoline
- ExxonMobil
- BP
- TOTAL
- Sinopec
- Royal Purple
- Liqui Moly
Highlights of The Heavy Duty Diesel Engine Oils 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:
- Full Synthetic
- Synthetic Blend
- By Application:
- Off-Road Equipment
- Heavy-Duty Truck
- Other
- 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 Heavy Duty Diesel Engine Oils 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?
Heavy duty diesel engine oils are designed to provide superior performance and protection in high-load situations. They are typically formulated with higher levels of viscosity, which helps reduce wear and tear on engine parts.
Some of the major players in the heavy duty diesel engine oils market are Shell, Valvoline, ExxonMobil, BP, TOTAL, Sinopec, Royal Purple, Liqui Moly.
The heavy duty diesel engine oils market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heavy Duty Diesel Engine Oils Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heavy Duty Diesel Engine Oils Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heavy Duty Diesel Engine Oils Market - Supply Chain
4.5. Global Heavy Duty Diesel Engine Oils Market Forecast
4.5.1. Heavy Duty Diesel Engine Oils Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heavy Duty Diesel Engine Oils Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heavy Duty Diesel Engine Oils Market Absolute $ Opportunity
5. Global Heavy Duty Diesel Engine Oils Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Type
5.3.1. Full Synthetic
5.3.2. Synthetic Blend
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heavy Duty Diesel Engine Oils Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Application
6.3.1. Off-Road Equipment
6.3.2. Heavy-Duty Truck
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heavy Duty Diesel Engine Oils Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heavy Duty Diesel Engine Oils Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heavy Duty Diesel Engine Oils Demand Share Forecast, 2019-2026
9. North America Heavy Duty Diesel Engine Oils Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Application
9.4.1. Off-Road Equipment
9.4.2. Heavy-Duty Truck
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Type
9.7.1. Full Synthetic
9.7.2. Synthetic Blend
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heavy Duty Diesel Engine Oils Demand Share Forecast, 2019-2026
10. Latin America Heavy Duty Diesel Engine Oils Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Application
10.4.1. Off-Road Equipment
10.4.2. Heavy-Duty Truck
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Type
10.7.1. Full Synthetic
10.7.2. Synthetic Blend
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heavy Duty Diesel Engine Oils Demand Share Forecast, 2019-2026
11. Europe Heavy Duty Diesel Engine Oils Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Application
11.4.1. Off-Road Equipment
11.4.2. Heavy-Duty Truck
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Type
11.7.1. Full Synthetic
11.7.2. Synthetic Blend
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heavy Duty Diesel Engine Oils Demand Share, 2019-2026
12. Asia Pacific Heavy Duty Diesel Engine Oils Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Application
12.4.1. Off-Road Equipment
12.4.2. Heavy-Duty Truck
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Type
12.7.1. Full Synthetic
12.7.2. Synthetic Blend
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heavy Duty Diesel Engine Oils Demand Share, 2019-2026
13. Middle East & Africa Heavy Duty Diesel Engine Oils Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heavy Duty Diesel Engine Oils Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Application
13.4.1. Off-Road Equipment
13.4.2. Heavy-Duty Truck
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heavy Duty Diesel Engine Oils Market Size and Volume Forecast by Type
13.7.1. Full Synthetic
13.7.2. Synthetic Blend
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heavy Duty Diesel Engine Oils Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Heavy Duty Diesel Engine Oils Market: Market Share Analysis
14.2. Heavy Duty Diesel Engine Oils Distributors and Customers
14.3. Heavy Duty Diesel Engine Oils Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Valvoline
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ExxonMobil
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TOTAL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sinopec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Royal Purple
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Liqui Moly
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
