Global Automotive Engine Oil Market 2018-2022

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Apr 24, 2018, 02:31 ET

NEW YORK, April 24, 2018 /PRNewswire/ -- About Automotive Engine Oil

Automotive engine oil reduces the wear and tear in engine components, such as connecting rods, moving engine's crankshaft, and bearings. It also prevents rust and corrosion.

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Technavio's analysts forecast Global Automotive Engine Oil market to grow at a CAGR of 4.5% from 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the Global Automotive Engine Oil market for the period 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Automotive Engine Oil Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• BP
• Chevron
• Exxon Mobil
• Shell
• Valvoline

Market driver
• Growing use of synthetic engine oil
• For a full, detailed list, view our report

Market challenge
• Continuously rising demand for BEVs
• For a full, detailed list, view our report

Market trend
• Growing demand for low viscosity engine oil
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Read the full report: https://www.reportlinker.com/p05256514

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