Title: Automotive lubricant market worth $6,839 9 million by 2019
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- Automotive Lubricant Market Worth 6,839.9
Million by 2019
2- This report studies the global automotive
lubricant market for the forecast period 2014 to
2019. The market is expected to grow from
4,403.0 million in 2014 to 6,839.9 million by
2019, at a CAGR of 9.2. - The global automotive lubricant market is
classified on the basis of vehicle type,
application, and geography. The vehicle type
segment is further categorized into passenger
cars, light commercial vehicles, and heavy
commercial vehicles. - The application segment is segmented into engine
oil, transmission fluid, and brake fluid. Regions
taken into consideration are Asia-Pacific, North
America, and Europe.
3 Browse through the market data tables, figures
and detailed ToC on the Automotive Lubricant
Market. http//www.micromarketmonitor.com/market
-report/automotive-lubricant-reports-6793977885.ht
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4 - As of 2014, Asia-Pacific is estimated to hold the
largest share in the global automotive lubricant
market, followed by North America and Europe. The
transmission fluid application segment of the
automotive lubricant market was estimated to
account for the largest share, in terms of
value--that is, 50.7--in 2014, followed by the
engine oil segment. - Factors such as the increasing demand for LCVs
and HCVs, the rise in the average age of
vehicles, and government legislations for
automotive lubricant are driving the market.
Changing lifestyles and the growing demand for
comfort in every aspect of life are giving rise
to the invention of various machines, and
indirectly driving the lubrication market.
5 - Report Subscription
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provide better understanding of the dynamic
market conditions of the Automotive industry. The
reports offer in-depth and complete analysis of
the regional and country level marketplaces. The
research reports for Automotive industry are
updated on quarterly basis and are easily
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subscriptions.
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