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Passenger Car Motor Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global passenger car motor oil market reached a volume of 8,283 kilotons in 2018. Passenger car motor oil, or 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.

On account of factors such as increasing population, rising income levels, improving road infrastructure, etc., the sales of passenger cars are rising across both developed and developing regions. This has created a positive impact on the demand of passenger car motor oils. Moreover, across developed regions like Europe and North America, consumers are becoming aware of the benefits offered by high-quality motor oils. For instance, there has been a shift among consumers form mono-grade to multi-grade oils, which offer improved pumpability, mileage and performance efficiency in cold start-up temperatures by reducing the startup lead time. Moreover, passenger car motor oils also provide benefits in terms of reduction of friction and wear, equipment protection, temperature control, increased lifespan and efficiency, and enhance the reliability of engine components. Looking forward, IMARC Group expects the market volumes to reach 9,775 kilotons by 2024, registering a CAGR of around 3% during 2019-2024.

Report Coverage:

  • Historical, Current and Future Market Trends
     
  • Market by Viscosity Grade:
    • Multi Grade
  • 25W-50/25W-60
  • 15W-40/15W-50
  • 20W-40/20W-50
  • 10W-30/10W-40 
  • Mono Grade
  • SAE 40
  • SAE 30
  • SAE 50
  • SAE 20

 

  • Market by Type:
    • Full Synthetic
    • Synthetic Blend
    • Conventional
    • High Mileage

 

  • Market by Region:
  • North America 
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the global passenger car motor oil market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global passenger car motor oil industry?
  • What is the breakup of the market based on the viscosity grade?
  • What is the breakup of the market based on the product type?
  • What are the various stages in the value chain of the global passenger car motor oil industry?
  • What are the key driving factors and challenges in the global passenger car motor oil industry?
  • What is the structure of the global passenger car motor oil industry and who are the key players?
  • What is the degree of competition in the global passenger car motor oil industry?
  • What are the profit margins in the global passenger car motor oil industry

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Passenger Car Motor Oil Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market by Viscosity Grade 
    5.4    Market by Type 
    5.5    Market Forecast
6    Market by Viscosity Grade 
    6.1    Multi Grade 
        6.1.1    Market Trends
        6.1.2    Market Breakup by Type
            6.1.2.1   25W-50/25W-60 
                6.1.2.1   Market Trends
                6.1.2.2   Market Forecast
            6.1.2.2    15W-40/15W-50 
                6.1.2.2.1   Market Trends
                6.1.2.2.2   Market Forecast
            6.1.2.3    20W-40/20W-50 
                6.1.2.3.1   Market Trends
                6.1.2.3.2   Market Forecast
            6.1.2.4    10W-30/10W-40 
                6.1.2.4.1   Market Trends
                6.1.2.4.2   Market Forecast
        6.1.3    Market Forecast
    6.2    Mono Grade
        6.2.1    Market Trends
        6.2.2    Market Breakup by Type
            6.2.2.1  SAE 40 
                6.2.2.1.1  Market Trends
                6.2.2.1.2  Market Forecast
            6.2.2.2    SAE 30 
                6.2.2.2.1  Market Trends
                6.2.2.2.2  Market Forecast
            6.2.2.3   SAE 50 
                6.2.2.3.1  Market Trends
                6.2.2.3.2  Market Forecast
            6.2.2.4    SAE 20 
                6.2.2.4.1  Market Trends
                6.2.2.4.2  Market Forecast
        6.2.3    Market Forecast
7    Market by Type
    7.1    Full Synthetic
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Synthetic Blend
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Conventional
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    High Mileage
        7.4.1    Market Trends
        7.4.2    Market Forecast
8    Market by Region
    8.1    North America
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Asia Pacific
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Europe
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Middle East and Africa
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Latin America
        8.5.1    Market Trends
        8.5.2    Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players

List of Figures

Figure 1: Global: Passenger Car Motor Oil  Market: Major Drivers and Challenges
Figure 2: Global: Passenger Car Motor Oil  Market: Sales Volume (in Billion US$), 2013-2018
Figure 3: Global: Passenger Car Motor Oil: Market by Viscosity Grade (in %), 2018
Figure 4: Global: Passenger Car Motor Oil: Market by Type (in %), 2018
Figure 5: Global: Passenger Car Motor Oil: Market by Region (in %), 2018
Figure 6: Global: Passenger Car Motor Oil  Market Forecast: Sales Volume (in Billion US$), 2019-2024
Figure 7:Global: Passenger Car Motor Oil  Industry: SWOT Analysis
Figure 8:Global: Passenger Car Motor Oil  Industry: Value Chain Analysis
Figure 9:Global: Passenger Car Motor Oil  Industry: Porter’s Five Forces Analysis
Figure 10: Global: Passenger Car Motor Oil  (Multi Grade) Market: Sales Volume (in Kilotons), 2013-2018
Figure 11: Global: Passenger Car Motor Oil  (Multi Grade) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 12: Global: Passenger Car Motor Oil  (Mono Grade) Market: Sales Volume (in Kilotons), 2013-2018
Figure 13: Global: Passenger Car Motor Oil  (Mono Grade) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 14: Global: Passenger Car Motor Oil Multi Grade  (25W-50/25W-60) Market: Sales Volume (in Kilotons), 2013-2018
Figure 15: Global: Passenger Car Motor Oil Multi Grade (25W-50/25W-60) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 16: Global: Passenger Car Motor Oil Multi Grade  (15W-40/15W-50) Market: Sales Volume (in Kilotons), 2013-2018
Figure 17: Global: Passenger Car Motor Oil Multi Grade (15W-40/15W-50) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 18: Global: Passenger Car Motor Oil Multi Grade  (20W-40/20W-50) Market: Sales Volume (in Kilotons), 2013-2018
Figure 19: Global: Passenger Car Motor Oil Multi Grade (20W-40/20W-50) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 20: Global: Passenger Car Motor Oil Multi Grade  (10W-30/10W-40) Market: Sales Volume (in Kilotons), 2013-2018
Figure 21: Global: Passenger Car Motor Oil Multi Grade (10W-30/10W-40) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 22: Global: Passenger Car Motor Oil  Mono Grade  (SAE 40) Market: Sales Volume (in Kilotons), 2013-2018
Figure 23: Global: Passenger Car Motor Oil  Mono Grade (SAE 40) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 24: Global: Passenger Car Motor Oil  Mono Grade  (SAE 30 Market: Sales Volume (in Kilotons), 2013-2018
Figure 25: Global: Passenger Car Motor Oil  Mono Grade (SAE 30) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 26: Global: Passenger Car Motor Oil  Mono Grade  (SAE 50) Market: Sales Volume (in Kilotons), 2013-2018
Figure 27: Global: Passenger Car Motor Oil  Mono Grade (SAE 50) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 28: Global: Passenger Car Motor Oil  Mono Grade  (SAE 20) Market: Sales Volume (in Kilotons), 2013-2018
Figure 29: Global: Passenger Car Motor Oil  Mono Grade (SAE 20) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 30: Global: Passenger Car Motor Oil  (Full Synthetic) Market: Sales Volume (in Kilotons), 2013-2018
Figure 31: Global: Passenger Car Motor Oil  (Full Synthetic) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 32: Global: Passenger Car Motor Oil  (Synthetic Blend) Market: Sales Volume (in Kilotons), 2013-2018
Figure 33: Global: Passenger Car Motor Oil  (Synthetic Blend) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 34: Global: Passenger Car Motor Oil  (Conventional) Market: Sales Volume (in Kilotons), 2013-2018
Figure 35: Global: Passenger Car Motor Oil  (Conventional) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 36: Global: Passenger Car Motor Oil  (High Mileage) Market: Sales Volume (in Kilotons), 2013-2018
Figure 37: Global: Passenger Car Motor Oil  (High Mileage) Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 38: North America: Passenger Car Motor Oil  Market: Sales Volume (in Kilotons), 2013-2018
Figure 39: North America Europe: Passenger Car Motor Oil  Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 40: Asia Pacific: Passenger Car Motor Oil  Market: Sales Volume (in Kilotons), 2013-2018
Figure 41: Asia Pacific: Passenger Car Motor Oil  Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 42: Europe: Passenger Car Motor Oil  Market: Sales Volume (in Kilotons), 2013-2018
Figure 43: Europe: Passenger Car Motor Oil  Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 44: Middle East and Africa: Passenger Car Motor Oil  Market: Sales Volume (in Kilotons), 2013-2018
Figure 45: Middle East and Africa: Passenger Car Motor Oil  Market Forecast: Sales Volume (in Kilotons), 2019-2024
Figure 46:Latin America: Passenger Car Motor Oil  Market: Sales Volume (in Kilotons), 2013-2018
Figure 47:Latin America: Passenger Car Motor Oil  Market Forecast: Sales Volume (in Kilotons), 2019-2024

List of Tables

Table 1: Global: Passenger Car Motor Oil  Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Passenger Car Motor Oil Forecast: Market by Viscosity Grade (in Kilotons), 2019-2024
Table 3: Global: Passenger Car Motor Oil Forecast: Market Breakup by Type (in Kilotons), 2019-2024
Table 4: Global: Passenger Car Motor Oil Forecast: Market Breakup by Region (in Kilotons), 2019-2024
Table 5: Global: Passenger Car Motor Oil  Market Structure
Table 6: Global: Passenger Car Motor Oil  Market: Key Players

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