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Press release content from Business Wire. The AP news staff was not involved in its creation.

Insights on the Automotive Engine Oil Global Market to 2026 - Featuring Ashland, Castrol and ExxonMobil Among Others - ResearchAndMarkets.com

September 3, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Sep 3, 2021--

The “Automotive Engine Oil Market Research Report by Grade, by Vehicle Type, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Automotive Engine Oil Market size was estimated at USD 44.04 Billion in 2020 and expected to reach USD 45.40 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 3.42% to reach USD 53.90 Billion by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Automotive Engine Oil Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

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4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Automotive Engine Oil Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Automotive Engine Oil Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Automotive Engine Oil Market?

4. What is the competitive strategic window for opportunities in the Global Automotive Engine Oil Market?

5. What are the technology trends and regulatory frameworks in the Global Automotive Engine Oil Market?

6. What is the market share of the leading vendors in the Global Automotive Engine Oil Market?

7. What modes and strategic moves are considered suitable for entering the Global Automotive Engine Oil Market?

Market Dynamics

Drivers

  • High demand for conventional and synthetic products
  • Increasing the production of automobiles
  • Government support for automotive engine oil

Restraints

  • Increasing electrification in vehicles

Opportunities

  • Government subsidies for car loans and leasing
  • Advances in synthetic oil technology

Challenges

  • Low performance of conventional products in extreme weather

Companies Mentioned

  • Ashland Inc.
  • Castrol Limited
  • Chevron Corporation
  • DANA Lubricants Factory LLC
  • ExxonMobil Corp.
  • FUCHS PETROLUB SE
  • GP Petroleums Ltd
  • Hinduja Group Ltd.
  • Motul
  • Panama Petrochem Ltd.
  • Pentagon Lubricants Private Limited
  • Perstorp Holding AB
  • Petroleum Nasional Berhad
  • Royal Dutch Shell PLC
  • Saudi Aramco Base Oil Company
  • Sinopec Petroleum & Chemical Corp.
  • Tide Water Oil Co.(India) Ltd.
  • Total S.A.
  • Valvoline Inc.
  • Wurth Group

For more information about this report visit https://www.researchandmarkets.com/r/2yu3gu

View source version on businesswire.com:https://www.businesswire.com/news/home/20210903005295/en/

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KEYWORD:

INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 09/03/2021 10:04 AM/DISC: 09/03/2021 10:04 AM

http://www.businesswire.com/news/home/20210903005295/en