Heavy Commercial Vehicle Lubricants Market

A lubricant is a substance, usually organic, introduced to reduce friction between surfaces in mutual contact, which ultimately reduces the heat generated when the surfaces move. It may also have the function of transmitting forces, transporting foreign particles, or heating or cooling the surfaces. The property of reducing friction is known as lubricity. Heavy commercial vehicle lubricants provide correct lubrication of engines and transmission systems of the heavy commercial vehicle.

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

• Global Heavy Commercial Vehicle Lubricants Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Heavy Commercial Vehicle Lubricants Market Sales, 2017-2022, 2023-2028, (K MT)
• Global top five Heavy Commercial Vehicle Lubricants companies in 2021 (%)

The global Heavy Commercial Vehicle Lubricants 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.

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

The global key manufacturers of Heavy Commercial Vehicle Lubricants 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 Heavy Commercial Vehicle Lubricants 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 Heavy Commercial Vehicle Lubricants Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Heavy Commercial Vehicle Lubricants Market Segment Percentages, by Type, 2021 (%)

• Engine Oil
• Transmission Fluids
• Brake Fluids

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

Global Heavy Commercial Vehicle Lubricants Market Segment Percentages, by Application, 2021 (%)

• Heavy Truck
• Bus

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

Global Heavy Commercial Vehicle Lubricants 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 Heavy Commercial Vehicle Lubricants revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Heavy Commercial Vehicle Lubricants revenues share in global market, 2021 (%)
• Key companies Heavy Commercial Vehicle Lubricants sales in global market, 2017-2022 (Estimated), (K MT)
• Key companies Heavy Commercial Vehicle Lubricants 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