ReportsWeb Aftermarket for Engine Oil in Passenger Cars 2020 | Page 2

Global Aftermarket for Engine Oil in Passenger Cars 2016-2020 About Engine Oil in Passenger Cars 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. 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. View Complete Report http://www.reportsweb.com/global-aftermarket-for-engine-oil-in- passenger-cars-2016-2020 Contact Us : [phone] | E-Mail : [email protected]