Automotive and Transportation automotive engine oil market | Page 2
Automotive Engine Oil Market
The global automotive engine oil market witnessed a significant growth during the past few years. The rising
disposable income, government legislations for automotive engine oil, growing automotive aftermarket and
increase in demand within automotive market are driving the growth of the automotive engine oil market. The
growing vehicle sales and its production in developing countries is an opportunity in the market.
Engine oils are oils that consist of mineral and have synthetic base oil including various additives. The quality of
engine oil depends on the base oil and its properties, as well as on the additives. The main requirements for
automotive engine oil are protection against wear and corrosion, keeping the engine clean and yield strength
under compression.
P&S Intelligence