Europe Automotive Engine Oil Market 2021-2026

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    EUROPE AUTOMOTIVE ENGINE OIL MARKET

     

    INTRODUCTION

    Engine oil is one of the primary lubricants that plays an important role in the combustion cycle. It keeps the engine cool and ensures that the IC engine’s piston rings are properly sealed.

     

    During the combustion cycle, motor oil reduces friction between the engine’s numerous components. Parts of the engine are not rubbed together violently because a thin coating of oil is applied.

     

    As a result, engine oil minimizes wear and tear. Fuel, as well as the oxidation of other lubricants, generate acids during the combustion process. Engine oil is in charge of neutralizing these acids.

     

    Engine oils are primarily distinguished by their viscosity index (resistance to thinning with rising temperature), engine size, and volume. When engine oil is utilized for a longer period of time, its viscosity index tends to decrease.

     

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    Thus, viscosity loss must be avoided in order for the engine oil to maintain the lubricating layer between engine parts for thousands of kilometers. Certain additives, including as dispersants, anti-wear agents, friction modifiers, pour-point depressants, antioxidants, and foam inhibitors, are used in engine oil to enhance viscosity index over a longer period of usage.

     

    This is the fundamental function of all oils. Separation of the moving components. The thicker the oil film, in general, the greater the wear prevention, although oil additives also play a role.

     

    Modern oil additives enable the use of a lower viscosity oil while yet providing the same degree of protection. Because there is no metal-to-metal contact, the oil coating minimizes friction.

     

    However, the heavier the oil, the higher the drag and therefore the potential for heat generation. Correct oil selection is therefore a trade-off between what is required to preserve the component and what produces excessive drag and heat, reducing fuel economy.

     

    EUROPE AUTOMOTIVE ENGINE OIL MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Valvoline Europe Announces Launch Of New Premium Blue One Solution Gen 2 Valvoline Inc. (NYSE: VVV), a leading worldwide supplier of premium branded lubricants and automotive services has launched Valvoline Premium Blue One Solution Gen 2 onto the European market. This is the second generation of a product first unveiled by Valvoline back in 2018. Europe This would enhance better Adoption and better technologies harnessing.

     

    EUROPE AUTOMOTIVE ENGINE OIL MARKET DYNAMICS

    The purpose of engine oil in vehicles is to reduce metal-on-metal contact, therefore reducing total friction and damage. Friction is a key source of engine heat in automobiles, which causes additional wear and deforms moving engine components.

     

    The oil in a car engine forms a thin, lubricating coating on all metal parts, allowing them to slide smoothly over one another and thereby reducing friction. Engine oil also eliminates tiny dust particles and other contaminants found in automotive fuels.

     

    Furthermore, it closes the space between the pistons and the cylinder walls, resulting in more effective fuel combustion.

     

    The major reasons propelling this business are increased car manufacturing and demand for traditional and synthetic goods. Automotive vehicle sales have steadily increased in recent years, mostly in the Asia Pacific and Europe areas, as a result of rising population and consumer purchasing power.

     

    With the sluggish economic recovery and government incentives for vehicle loans and leasing, sales are projected to increase. Traditional oil is far less expensive than contemporary lubricants. As a result, it is in great demand all around the world.

     

    Synthetic lubes, on the other hand, give superior protection and performance for a longer period of time than conventional products. This is a significant factor.

     

    Conventional lubricants operate poorly in cold and severe weather conditions, but synthetic lubricants work well and have a consistent molecular size, which decreases friction between engine components.

     

    Antioxidants, anti-foaming agents, dispersants, and detergents are just a few of the engine oil additives that keep the engine clean and preserve it, resulting in optimum durability and performance lifetime.

     

    Synthetic engine oil is expected to play an important role in the future development of vehicle engines. Consumer demand for fuel-efficient and high-performance versions is likely to offer profitable possibilities for industry producers.

     

    EUROPE AUTOMOTIVE ENGINE OIL MARKET SEGMENTATION

    The Europe Automotive Engine Oil Market can be segmented into following categories for further analysis.

    By Technology Type

    • Mineral Based Technology
    • Semi Synthetic Lubricant Technology
    • Fully Synthetic Lubricant Technology

     

    By Application Type

    • Gasoline Based Engine
    • Diesel Based Engine
    • Petrol based Engine
    • Alternative Fuel Based Engine

     

    By Application

    • Residential Application
    • Commercial Application
    • Industrial Application
    • High-Capacity User Application

     

    By Vehicle Classification

    • Passenger Cars
    • LCV
    • HCV
    • Motorcycle

     

    By Product Sales Conveyance

    • OEM
    • Aftermarket

     

     

    RECENT TECHNOLOGICAL TRENDS IN EUROPE AUTOMOTIVE ENGINE OIL MARKET

    Machines are made up of moving pieces that interact with one another. Friction, which frequently generates heat, reduces the lifetime of a system by introducing extra strains between machine components and raising the likelihood of catastrophic failure.

     

    Understanding the production of friction in automobile engine systems is critical for further improving efficiency. Accurate simulation and modelling of friction in machine components is dependent, among other things, on realistic lubricant rheology and lubricant characteristics, the latter of which may vary as the machine matures.

     

    The most recent technology has been aimed at increasing the internal efficiency of operations within the engines of the automotive systems. The development of  oil-soluble ionic liquids (ILs) as engine oil additives to demonstrate 10% improvement in mechanical efficiency of internal combustion engines.

     

    In the future, there will be a greater emphasis on refining lubricant compositions to decrease frictional losses. As a result, novel additives are being investigated, such as the use of ionic liquids rather than the industry standard ZDDP.

     

    In addition to the deactivation mechanisms that emissions control systems would encounter during normal operation with petroleum-based fuel, the use of renewable fuel sources, such as biodiesel, brings further problems.

     

    The Acoustic Engine Oil Quality (AEOQ) sensor detects oil quality by measuring variations in viscosity. The AEOQ sensor is made up of a shear mode piezoelectric sensing probe used to detect viscosity and a specialized Voltage Control Oscillator (VCO) that permits remote stimulation of the piezoelectric sensing element.

     

    The AEOQ sensor can distinguish between different grades of engine oils while monitoring their deterioration process owing to their usage in automobile engines and intentional contamination by dilution with water, ethylene glycol, and gasoline.

     

     

    EUROPE AUTOMOTIVE ENGINE OIL MARKET COMPETITIVE LANDSCAPE

    Automotive lubricants are used to minimize friction between surfaces and points of contact, such as the road and the car, which preserves the automotive parts and, as a result, improves vehicle performance.

     

    The rising automotive sector, increased vehicle manufacturing, and rise in disposable income are all driving development in this market. Furthermore, considerable prospects from emerging economies, as well as rising demand for environmentally friendly lubricants, are driving up the use of automotive lubricants.

     

    The rising demand for synthetic automobile engine oil is expected to have a favourable impact on the market. It is mostly used as a substitute for mineral-based motor oil.

     

    Cenex is one of the leading manufacturers of Automotive Engine Oils in the EU Nations which is focused on development of latest technologies of enhancements.

     

    The Maxtron Full Synthetic Gasoline Engine Oil is one of the leading developments, which is a high-performance engine oil that exceeds the most recent and demanding industry performance requirements, such as API SP, Resource Conserving, and ILSAC GF-6A.

     

    These oils fulfil the criteria of new car warranties and are backward compatible with previous API, ILSAC, and OEM performance standards. Maxtron is also designed with high viscosity index full-synthetic base oils and a shear stable viscosity index improver for exceptional high temperature protection and low temperature pumpability.

     

    Kendall has been in the field of persisting changes in the automotive engine oils technology for better efficiency and motor ability in Europe.

     

    The Kendall GT-1 Endurance Motor Oil with LiquiTek is a premium quality, part-synthetic automotive engine oil that has been specifically designed to provide excellent engine protection for turbocharged gasoline direct injection, conventional gasoline-fuelled and flex-fuelled passenger cars and light trucks under all operating conditions.

     

    When compared to traditional engine oils, the Part-synthetic formulation offers superior protection against deposit development and oil thickening.

     

    EUROPE AUTOMOTIVE ENGINE OIL MARKET COMPANIES PROFILED

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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