Passenger Car Motor Oil Market Size, Share and Forecast 2019

PCMO refers to motor oils for gasoline and diesel engines used in passenger vehicles. It reduces friction and wear and tear of the moving engine's crankshaft, connecting rods, bearings, and pistons. It also serves as an effective coolant. It inhibits the formation of deposits and prevents rust and corrosion.

The market figures in the report include different viscosity grades of oil components, namely mono-grade and multi-grade.

Technavio's analysts forecast the global passenger car motor oil market to grow at a CAGR of 2.92% over the period 2014-2019.

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Covered in this report

Technavio's report, Global Passenger Car Oil Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion of the market, an extensive coverage on different engine types, engine oil standards and specifications, function class and chemical class, viscosity grades, and demand-supply dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.

The report presents data on the following segments of the market:

Engine type: gasoline engines and diesel engines

Engine oil standards and specifications: SAE, ILSAC, API, and ACEA

Function class and chemical class: dispersants, VII, OCP, styrenes, detergents, anti-wear, antioxidants, and others

Viscosity grade: mono-grade engine oils and multi-grade engine oils

Geography: APAC, EMEA, North America, and ROW

Key vendors

Afton

Chevron Oronite

Infineum

Lubrizol

Other prominent vendors

Amtecol

Croda

Evonik

Multisol

Total

Market drivers

Development of new emission control technologies

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