Automotive Lubricants Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2016 – 2023

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REPORT DESCRIPTION

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Automotive

Lubricants Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2016 - 2023” This

report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and

worldwide business sector industry structure.

Increasing passenger car count and growing commercial activities are expected to fuel the global automotive lubricants market

between 2014 and 2020. The number of passenger cars is increasing significantly in Asia Pacific which has resulted in increased

demand for automotive lubricants in the region.

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Lubricants play a vital role in reducing friction and wear & tear in automobiles. The property to reduce friction is known as

“lubricity.” A good lubricant is expected to possess different properties, namely high boiling point, high viscosity index, corrosion

prevention, thermal stability, low freezing point and high resistivity to oxidation. Proper lubricant of the automotive and its parts

increase the operating lifespan of vehicles, thereby providing higher efficiency outputs. Lubricants primarily contain 90% base

oils and 10% additives. These lubricants are predominantly...