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(Transportation-News.com, March 23, 2017 ) Engine oil in passenger cars is used to reduce friction and wear and tear of the connecting rods and moving engine crankshaft, bearings, and pistons. Engine oil serves as an effective coolant as it prevents the formation of rust and corrosion. Synthetic engine oils are now being widely accepted as the standard engine oil by OEMs due to better compatibility with the environment as well as technical benefits over conventional mineral oil engine oils.
Publisher's analysts forecast the global aftermarket for engine oil in passenger cars to grow at a CAGR of 3.21% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/global-aftermarket-for-engine-oil-in-passenger-cars-2016-2020 .
Covered in this report
The report covers the present scenario and the growth prospects of the global aftermarket for engine oil in passenger cars for 2016-2020. To calculate the market size, the report considers the number of parc vehicles, average engine oil capacity of the vehicles, and average distance required for changing engine oil in cars in different regions.
The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
Publisher's report, Global Aftermarket for Engine Oil in Passenger Cars 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Shell
- ExxonMobil
- British Petroleum
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001508375/sample .
Other prominent vendors
- Castrol
- Gulf Oil
- Motorcraft
- Valvoline
Market driver
- Rise in number of parc vehicles
- For a full, detailed list, view our report
Market challenge
- Increased focus on downsizing of engines
- For a full, detailed list, view our report
Market trend
- Growing use of synthetic oils in APAC
- For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001508375/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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