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Passenger car motor oil (PCMO) helps in protecting and improving the overall functioning of engines in passenger cars. The motor oil lubricates the internal combustion engines which reduces the friction created in the moving parts.
The revenue of top ten manufacturers accounts about 68% of the total revenue, in 2018. The high-end products mainly come from North America and Europe.
Market Analysis and Insights: Global Passenger Car Motor Oil Market
The global Passenger Car Motor Oil market was valued at US$ 19950 in 2020 and will reach US$ 22200 million by the end of 2027, growing at a CAGR of 1.8% during 2022-2027.
Global Passenger Car Motor Oil Scope and Market Size
The global Passenger Car Motor Oil market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Passenger Car Motor Oil market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Mineral Oil
Synthesis Oil
Mineral oil segment dominates the market contributing more than 67% of the total revenue market share in 2018, while synthesis oil is seeing a fast growing and will gradually replace the mineral oil.
Segment by Application
Sedan
MPV
SUV
Others
By application, sedan is the major used segment, with about 81% market share in 2019.
The Passenger Car Motor Oil market is analysed and market size information is provided by regions (countries). Segment by Application, the Passenger Car Motor Oil market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Shell
Exxon Mobil
BP
Total
Chevron Corporation
Valvoline
Sinopec Lubricant
CNPC
Petronas Lubricants International
Lukoil
SK Lubricants
FUCHS
The revenue of top ten manufacturers accounts about 68% of the total revenue, in 2018. The high-end products mainly come from North America and Europe.
Market Analysis and Insights: Global Passenger Car Motor Oil Market
The global Passenger Car Motor Oil market was valued at US$ 19950 in 2020 and will reach US$ 22200 million by the end of 2027, growing at a CAGR of 1.8% during 2022-2027.
Global Passenger Car Motor Oil Scope and Market Size
The global Passenger Car Motor Oil market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Passenger Car Motor Oil market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Mineral Oil
Synthesis Oil
Mineral oil segment dominates the market contributing more than 67% of the total revenue market share in 2018, while synthesis oil is seeing a fast growing and will gradually replace the mineral oil.
Segment by Application
Sedan
MPV
SUV
Others
By application, sedan is the major used segment, with about 81% market share in 2019.
The Passenger Car Motor Oil market is analysed and market size information is provided by regions (countries). Segment by Application, the Passenger Car Motor Oil market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Shell
Exxon Mobil
BP
Total
Chevron Corporation
Valvoline
Sinopec Lubricant
CNPC
Petronas Lubricants International
Lukoil
SK Lubricants
FUCHS
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