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Global Passenger Car Motor Oil (PCMO) Market 2018-2022

Global Passenger Car Motor Oil (PCMO) Market 2018-2022

About this market

Modern car engines are produced to be compatible to use low-viscosity engine oil that reduces internal drag. Low-viscosity engine oil increases the vehicle's fuel efficiency by maintaining optimal performance of the engine. It also reduces the exhaust emissions and increases engine responsiveness. New vehicles are benefiting from these developments and with the emergence of stringent regulations, the demand for low-viscosity grade motor oil is expected to increase significantly, contributing to the growth of the passenger car motor oil (PCMO) market. Technavio ‘s analysts predict this market to grow at a CAGR of more than 4 % by 2022.

Market Overview

Rising vehicle population leading to high consumption of PCMO

The demand for passenger cars is growing from the middle-class income group, especially in countries such as China and India, boosting the sales of passenger cars globally. Therefore, the increasing number of vehicles in use across the world will drive the growth of the passenger car motor oil market during the forecast period.

High investment required to change the additive technology

Emission standards are witnessing constant evolution across the world, leading to several developments to improve the efficiency of modern vehicles. Thus, motor oil vendors need to deal with a huge cost pressure to test the changes occurring in these standards. This presents a major challenge to the growth of the global PCMO market.

For the detailed list of factors that will drive and challenge the growth of the passenger car motor oil(PCMO) market during 2018-2022, view our report.

Competitive landscape

The passenger car motor oil market appears to be fragmented with the presence of large number of companies. Factors such as the rising vehicle population and the adoption of low-viscosity grades in the automotive industry are expected to impact the growth of the market. Some of the top companies in the PCMO market are BP, Chevron, Exxon Mobil, Shell, TOTAL, and Valvoline.

‘With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities. Several companies in the PCMO market are focusing on developing low-viscosity grade motor oil that are compatible with new modern vehicle engines.’


PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 05: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
Segmentation by application
Comparison by application
Passenger cars – Market size and forecast 2017-2022
LCVs – Market size and forecast 2017-2022
Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY VISCOSITY GRADE
Segmentation by viscosity grade
PART 10: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
APAC – Market size and forecast 2017-2022
Americas – Market size and forecast 2017-2022
EMEA – Market size and forecast 2017-2022
Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
Overview
Landscape disruption
PART 15: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
BP
Chevron
Exxon Mobil
Shell
TOTAL
Valvoline
PART 16: APPENDIX
List of abbreviations
Exhibit 01: Related market
Exhibit 02: Market characteristics
Exhibit 03: Market segments
Exhibit 04: Market definition – Inclusions and exclusions checklist
Exhibit 05: Market size 2017
Exhibit 06: Validation techniques employed for market sizing 2017
Exhibit 07: Global PCMO market – Market size and forecast 2017-2022 (million gallons)
Exhibit 08: Global PCMO market – Year-over-year growth 2018-2022 (%)
Exhibit 09: Five forces analysis 2017
Exhibit 10: Five forces analysis 2022
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition – Five forces 2017
Exhibit 17: Application – Market share 2017-2022 (%)
Exhibit 18: Comparison by application
Exhibit 19: Passenger cars – Market size and forecast 2017-2022 (million gallons)
Exhibit 20: Passenger cars – Year-over-year growth 2018-2022 (%)
Exhibit 21: LCVs – Market size and forecast 2017-2022 (million gallons)
Exhibit 22: LCVs – Year-over-year growth 2018-2022 (%)
Exhibit 23: Market opportunity by application
Exhibit 24: Customer landscape
Exhibit 25: Global PCMO market – Market share by geography 2017-2022 (%)
Exhibit 26: Regional comparison
Exhibit 27: APAC – Market size and forecast 2017-2022 (million gallons)
Exhibit 28: APAC – Year-over-year growth 2018-2022 (%)
Exhibit 29: Top 3 countries in APAC
Exhibit 30: Americas – Market size and forecast 2017-2022 (million gallons)
Exhibit 31: Americas – Year-over-year growth 2018-2022 (%)
Exhibit 32: Top 3 countries in Americas
Exhibit 33: EMEA – Market size and forecast 2017-2022 (million gallons)
Exhibit 34: EMEA – Year-over-year growth 2018-2022 (%)
Exhibit 35: Top 3 countries in EMEA
Exhibit 36: Market opportunity
Exhibit 37: Vendor landscape
Exhibit 38: Landscape disruption
Exhibit 39: Vendors covered
Exhibit 40: Vendor classification
Exhibit 41: Market positioning of vendors
Exhibit 42: BP: Vendor overview
Exhibit 43: BP – Business segments
Exhibit 44: BP – Organizational developments
Exhibit 45: BP – Geographical focus
Exhibit 46: BP – Segment focus
Exhibit 47: BP – Key offerings
Exhibit 48: Chevron: Vendor overview
Exhibit 49: Chevron – Business segments
Exhibit 50: Chevron – Organizational developments
Exhibit 51: Chevron – Geographical focus
Exhibit 52: Chevron – Segment focus
Exhibit 53: Chevron – Key offerings
Exhibit 54: Exxon Mobil: Vendor overview
Exhibit 55: Exxon Mobil – Business segments
Exhibit 56: Exxon Mobil – Organizational developments
Exhibit 57: Exxon Mobil – Geographical focus
Exhibit 58: Exxon Mobil – Segment focus
Exhibit 59: Exxon Mobil – Key offerings
Exhibit 60: Shell: Vendor overview
Exhibit 61: Shell – Business segments
Exhibit 62: Shell – Organizational developments
Exhibit 63: Shell – Geographical focus
Exhibit 64: Shell – Segment focus
Exhibit 65: Shell – Key offerings
Exhibit 66: TOTAL: Vendor overview
Exhibit 67: TOTAL – Business segments
Exhibit 68: TOTAL – Organizational developments
Exhibit 69: TOTAL – Geographical focus
Exhibit 70: TOTAL – Segment focus
Exhibit 71: TOTAL – Key offerings
Exhibit 72: Valvoline: Vendor overview
Exhibit 73: Valvoline – Business segments in automotive group
Exhibit 74: Valvoline – Organizational developments
Exhibit 75: Valvoline – Geographical focus
Exhibit 76: Valvoline – Segment focus
Exhibit 77: Valvoline – Key offerings

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