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Download Free samplePassenger car motor/engine 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. Passenger car motor oils are made from a combination of base oils that are obtained from petroleum-based hydrocarbons. These oils prevent the occurrence of corrosion and rust as well as obstruct the formation of deposits in the engine.
Passenger Car Engine Oil Market contains market size and forecasts of Passenger Car Engine Oil in global, including the following market information:
The global Passenger Car 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 Passenger Car 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 Passenger Car 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 Passenger Car Engine Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Passenger Car Engine Oil Market Segment Percentages, by Type, 2021 (%)
Global Passenger Car Engine Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Passenger Car Engine Oil Market Segment Percentages, by Application, 2021 (%)
Global Passenger Car Engine Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Passenger Car Engine Oil Market Segment Percentages, By Region and Country, 2021 (%)
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
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