The Global Engine Oil Market Professional Survey Report 2017 studies Engine Oil in Global market, especially in North America, China, Europe, Southeast Asia, Japan, and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
This report focuses on top manufacturers in the global market, with production, price, revenue, and market share for each manufacturer, covering Royal Dutch Shell, ExxonMobil, BURMAH Castrol, Total, Caltex, Changcheng, Kunlun, FUCHS Petrolub AG, and Bosch.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into mineral oils, synthetic oils, and bio-based oils. By Application, the market can be split into automobile, ship, industrial machinery, and other. By Regions, this report covers had covered North America, China, Europe, Southeast Asia, Japan, and India.
The growing automotive market in Europe and North America and improved standard of living in the Asia Pacific is anticipated to drive further the growth of this market.
Increasing demand for car-care products from vehicle owners and growing number of automobile servicing facilities are projected boost the automotive engine market.
The automotive engine oil market growth is expected to be hampered by the increasing supply of counterfeit motor oil products. Engine oil manufacturers spend huge amounts on building their brand identity; this brand identity is in turn used by counterfeiters to sell fake products.
The growing supply of counterfeit goods in the market hampers the brand image and the revenue of authentic engine oil manufacturers. The automotive engine oil market is governed by stringent rules and regulations concerned with the disposal of used oil.