The global trunk piston engine oil market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of the global trunk piston engine oil market is driven by factors such as increasing demand for passenger cars and commercial vehicles, growing demand for diesel engines in emerging economies, and increasing focus on fuel efficiency in developed economies.
Low speed engine oil accounted for the largest share of the global trunk piston engine oil market in 2017, followed by middle speed engine oil and high speed engine oil. Low speed engine oils are used in passenger cars and commercial vehicles with low power output engines that require less lubrication than other types of engines; this type accounted for over 50% of the total volume consumed globally in 2017. Middle-speed engines are used mainly in trucks with medium power output engines that require more lubrication than low-speed engines; this type accounted for over 30% of total volume consumed globally in 2017. High-speed oils are used mainly on high power output racing cars or sports cars; this type accounted for less than 10% share globally due to its limited application scope.
Some Of The Growth Factors Of This Market:
- The global economy is expected to grow at a rate of 3.5% in 2018, which will increase the demand for oil and other energy sources.
- The increasing number of vehicles on the road will also increase the demand for oil, as well as other fuels such as natural gas and electricity.
- Increasing population growth in developing countries will also contribute to increased demand for oil, due to increased consumption of goods and services by these populations.
- Increased use of renewable energy sources such as solar power may reduce the need for fossil fuels in some regions.
- Technological advances in fuel efficiency may reduce the need for oil.
Industry Growth Insights published a new data on “Trunk Piston Engine Oil Market”. The research report is titled “Trunk Piston Engine Oil Market research by Types (Low Speed Engine Oil, Middle Speed Engine Oil, High Speed Engine Oil), By Applications (Deep-sea, In-land/Coastal, Other), By Players/Companies ExxonMobil, Shell, Total, BP, Chevron, Sinopec, Quepet, JX Nippon, Lukoil, Gulf Oil, Idem Itsu”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Trunk Piston Engine Oil Market Research Report
By Type
Low Speed Engine Oil, Middle Speed Engine Oil, High Speed Engine Oil
By Application
Deep-sea, In-land/Coastal, Other
By Companies
ExxonMobil, Shell, Total, BP, Chevron, Sinopec, Quepet, JX Nippon, Lukoil, Gulf Oil, Idem Itsu
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Trunk Piston Engine Oil Market Report Segments:
The global Trunk Piston Engine Oil market is segmented on the basis of:
Types
Low Speed Engine Oil, Middle Speed Engine Oil, High Speed Engine Oil
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
Deep-sea, In-land/Coastal, 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:
- ExxonMobil
- Shell
- Total
- BP
- Chevron
- Sinopec
- Quepet
- JX Nippon
- Lukoil
- Gulf Oil
- Idem Itsu
Highlights of The Trunk Piston Engine Oil 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:
- Low Speed Engine Oil
- Middle Speed Engine Oil
- High Speed Engine Oil
- By Application:
- Deep-sea
- In-land/Coastal
- 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 Trunk Piston Engine Oil 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?
Trunk piston engine oil is a type of engine oil specifically designed for use in small, lightweight engines. These oils are made to be light and thin, which allows them to flow easily through the engine's pistons and cylinders. They also have a high level of viscosity, which helps them resist becoming thickened by heat or friction.
Some of the key players operating in the trunk piston engine oil market are ExxonMobil, Shell, Total, BP, Chevron, Sinopec, Quepet, JX Nippon, Lukoil, Gulf Oil, Idem Itsu.
The trunk piston engine oil 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. Trunk Piston Engine Oil 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. Trunk Piston Engine Oil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trunk Piston Engine Oil Market - Supply Chain
4.5. Global Trunk Piston Engine Oil Market Forecast
4.5.1. Trunk Piston Engine Oil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trunk Piston Engine Oil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trunk Piston Engine Oil Market Absolute $ Opportunity
5. Global Trunk Piston Engine Oil 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. Trunk Piston Engine Oil Market Size and Volume Forecast by Type
5.3.1. Low Speed Engine Oil
5.3.2. Middle Speed Engine Oil
5.3.3. High Speed Engine Oil
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Trunk Piston Engine Oil 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. Trunk Piston Engine Oil Market Size and Volume Forecast by Application
6.3.1. Deep-sea
6.3.2. In-land/Coastal
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trunk Piston Engine Oil 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. Trunk Piston Engine Oil 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 Trunk Piston Engine Oil 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. Trunk Piston Engine Oil 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 Trunk Piston Engine Oil Demand Share Forecast, 2019-2026
9. North America Trunk Piston Engine Oil 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 Trunk Piston Engine Oil 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 Trunk Piston Engine Oil Market Size and Volume Forecast by Application
9.4.1. Deep-sea
9.4.2. In-land/Coastal
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 Trunk Piston Engine Oil Market Size and Volume Forecast by Type
9.7.1. Low Speed Engine Oil
9.7.2. Middle Speed Engine Oil
9.7.3. High Speed Engine Oil
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 Trunk Piston Engine Oil Demand Share Forecast, 2019-2026
10. Latin America Trunk Piston Engine Oil 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 Trunk Piston Engine Oil 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 Trunk Piston Engine Oil Market Size and Volume Forecast by Application
10.4.1. Deep-sea
10.4.2. In-land/Coastal
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 Trunk Piston Engine Oil Market Size and Volume Forecast by Type
10.7.1. Low Speed Engine Oil
10.7.2. Middle Speed Engine Oil
10.7.3. High Speed Engine Oil
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 Trunk Piston Engine Oil Demand Share Forecast, 2019-2026
11. Europe Trunk Piston Engine Oil 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 Trunk Piston Engine Oil 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 Trunk Piston Engine Oil Market Size and Volume Forecast by Application
11.4.1. Deep-sea
11.4.2. In-land/Coastal
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 Trunk Piston Engine Oil Market Size and Volume Forecast by Type
11.7.1. Low Speed Engine Oil
11.7.2. Middle Speed Engine Oil
11.7.3. High Speed Engine Oil
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 Trunk Piston Engine Oil Demand Share, 2019-2026
12. Asia Pacific Trunk Piston Engine Oil 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 Trunk Piston Engine Oil 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 Trunk Piston Engine Oil Market Size and Volume Forecast by Application
12.4.1. Deep-sea
12.4.2. In-land/Coastal
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 Trunk Piston Engine Oil Market Size and Volume Forecast by Type
12.7.1. Low Speed Engine Oil
12.7.2. Middle Speed Engine Oil
12.7.3. High Speed Engine Oil
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 Trunk Piston Engine Oil Demand Share, 2019-2026
13. Middle East & Africa Trunk Piston Engine Oil 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 Trunk Piston Engine Oil 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 Trunk Piston Engine Oil Market Size and Volume Forecast by Application
13.4.1. Deep-sea
13.4.2. In-land/Coastal
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 Trunk Piston Engine Oil Market Size and Volume Forecast by Type
13.7.1. Low Speed Engine Oil
13.7.2. Middle Speed Engine Oil
13.7.3. High Speed Engine Oil
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 Trunk Piston Engine Oil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Trunk Piston Engine Oil Market: Market Share Analysis
14.2. Trunk Piston Engine Oil Distributors and Customers
14.3. Trunk Piston Engine Oil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ExxonMobil
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Total
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. Chevron
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. Quepet
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. JX Nippon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lukoil
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gulf Oil
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Idem Itsu
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
