Commercial Vehicle Engine Oil market

Commercial Vehicle Engine Oil Market - Global Outlook and Forecast 2022-2028

  • 11 January 2022
  • Automotive and Transportation
  • 76 Pages
  • Report code : PMR-6711333

  • 4.7 (158)

Commercial Vehicle Engine Oil Market

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Commercial vehicle motor/engine oil helps in protecting and improving the overall functioning of engines in commercial vehicles. The motor oil lubricates the internal combustion engines which reduces the friction created in the moving parts.

Commercial Vehicle Engine Oil Market contains market size and forecasts of Commercial Vehicle Engine Oil in global, including the following market information:

Global Commercial Vehicle Engine Oil Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Commercial Vehicle Engine Oil Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Commercial Vehicle Engine Oil companies in 2021 (%)

The global Commercial Vehicle Engine Oil market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Mineral Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Commercial Vehicle Engine Oil include Shell, Exxon Mobil, BP, Total, Chevron Corporation, Valvoline, Sinopec Lubricant, CNPC and Petronas, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Commercial Vehicle Engine Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Commercial Vehicle Engine Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Commercial Vehicle Engine Oil Market Segment Percentages, by Type, 2021 (%)

Mineral Oil

Synthesis Oil

Global Commercial Vehicle Engine Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Commercial Vehicle Engine Oil Market Segment Percentages, by Application, 2021 (%)

Light Commercial Vehicle

Heavy Commercial Vehicle

Other

Global Commercial Vehicle Engine Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Commercial Vehicle Engine Oil Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Commercial Vehicle Engine Oil revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Commercial Vehicle Engine Oil revenues share in global market, 2021 (%)

Key companies Commercial Vehicle Engine Oil sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Commercial Vehicle Engine Oil sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Shell

Exxon Mobil

BP

Total

Chevron Corporation

Valvoline

Sinopec Lubricant

CNPC

Petronas

Lukoil

SK Lubricants

FUCHS

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