The Business Research Company’s Automotive Engine Oil Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Automotive Engine Oil Global Market Report 2023 evaluates automotive engine oil market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global automotive engine oil market size grew from $38.61 billion in 2022 to $38.22 billion in 2023 at a compound annual growth rate (CAGR) of -1.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive engine oil market size is expected to grow to $44.62 billion in 2027 at a CAGR of 3.9%.
The automotive engine oil market segments in the report are:
1) By Grade: Mineral, Synthetic, Semi-Synthetic
2) By Engine: Gasoline, Diesel, Alternative Fuel
3) By Technology: Premium Conventional Engine Oil, Full Synthetic Engine Oil, Synthetic Blend Engine Oil, Higher Mileage Engine Oil
4) By Application: Passenger Vehicles, LCV, HCV, Two-Wheelers, Other Applications
Get More Information On The Automotive Engine Oil Market Report:
https://www.thebusinessresearchcompany.com/report/automotive-engine-oil-global-market-report
The table of contents in TBRC’s automotive engine oil market report includes:
1. Executive Summary
2. Automotive Engine Oil Market Characteristics
3. Automotive Engine Oil Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Engine Oil Market
5. Automotive Engine Oil Market Size And Growth
…
27. Competitive Landscape And Company Profiles Of The Automotive Engine Oil Market
28. Key Mergers And Acquisitions Of The Automotive Engine Oil Market
29. Future Outlook and Potential Analysis Of The Automotive Engine Oil Market
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