The global automotive engine oil market is set to gain momentum from the increasing demand for lower viscosity motor oil as they are capable of enhancing the fuel economy. Many OEMs have also begun recommending these types of oils to enhance performance. Fortune Business Insights™ provided this information in a recent report, 

Highlights of This Report:

• Market strategies and shares of key companies.

• A complete backdrop analysis consisting of an assessment of the parents market.

• Emerging regional market and niche segments.

• Evaluation and reporting of the latest industry developments.

• Significant changes in market dynamics.

• Insights of the automotive engine oil market trends and opportunities.

Regional Analysis-

The market is geographically classified into Europe, the Middle East and Africa, North America, Asia Pacific, and South America. Amongst these, Asia Pacific generated USD 12.41 billion in 2018 in terms of the market revenue. It is considered to be one of the fastest-growing and largest regions in the market because of the rising number of vehicles present in countries, such as Thailand, India, and China. China and India are projected to have the maximum number of vehicles on road. India is also considered to be the largest market for two wheelers. North America, on the other hand, would exhibit considerable growth backed by the increasing government support to promote the usage of energy-efficient oil. In Europe, the governments of various countries are implementing stringent rules to use environment-friendly oils.

Fortune Business Insights™ lists out the names of all the organizations present in the automotive engine oil market. They are as follows:

• ExxonMobil Corporation

• Valvoline, Inc.

• Fuchs Petrolub SE

• Castrol

• Royal Dutch Shell plc

• RelaDyne

• Pentagon Lubricants Private Limited

• HINDUJA GROUP

• Chevron Corporation

• Total S.A.

• Other players

Please visit: https://www.fortunebusinessinsights.com/automotive-engine-oil-market-102715