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Automotive Engine Oil Market to Witness Surge in Demand Owing to Rising End-use Adoption

The function of engine oil in automobiles is to reduce metal-to-metal contact in order to minimize overall friction and reduce damage. In automobile, friction is one of the major sources of engine heat, which produce more wear and deform moving engine parts.

The oil in automobile engine develop a skinny, lubricating film on all metal parts that lets them move smoothly over each other thus minimizing friction. Engine oil also removes small particles of dust and other impurities present in automobile’s fuels. Furthermore, it seals the gap between the pistons and the cylinder walls so that the fuel combustion is more efficient. It also coats all the moving parts of automobile engine to provide a layer of protection against rust.

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FACTS AT A GLANCE

Companies: Saudi Arabian Oil Co., Total S.A,  Gazprom,  ROSNEFT,  LUKOIL oil company, Royal Dutch Shell plc, Exxon Mobil Corporation, BP p.l.c, Statoil, Chevron Corporation., Sinopec Lubricant Company,   JIANGSU LOPAL TECH. CO.,LTD. and Ashland Inc.

Coverage: All major geographies and key segments

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Segments: Automotive Engine Oil Market Segmented By Automobile Engine Oil Technology such as Premium Conventional engine Oil, Full Synthetic engine Oil, Synthetic Blend engine Oil, Higher Mileage engine Oil.

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

Engine oil are mostly differentiated on the basis of their viscosity index (resistance to thinning with increasing temperature), their engine size and volume. In general engine oil has a propensity to drop viscosity index, when it is used for longer duration.

Thus it is important to protect viscosity loss to allow the engine oil to sustain the lubricating film between engine parts at least for thousands of miles. In order to improve viscosity index over longer period of use certain additive such as Dispersants, anti-wear agents, friction modifiers, pour-point depressants, antioxidants and foam inhibitors are used in engine oil.

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