Global Motor Oil Market: Analysis & Forecast 2018-2025 by prachitisharma98 · January 24 Black Greedy Williams Jersey , 2019
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Global Motor Oil Market to reach USD XX billion by 2025.
Global Motor Oil lubricants market shrank further by 1.8 percent as output totaled 1.58 million tons, wheareas a year earlier it had dropped by 4.7 percent. RPI forecasts that the market will continue to shrink at a slower rate. At a later stage Black Jarvis Landry Jersey , it is expected to rebound demonstrating a 6.2-percent growth by 2020 as total output tops 1.67 million tons.
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Automotive engine oil market is characterized by similar trends. For example, the private passenger vehicles segment declined in 2016 by 2 percent, however, RPI forecasts that in 2017 this trend will be reversed and the segment will slightly grow. By 2025, its growth will have reached 10 percent with total consumption exceeding 540,000 tons a year.
Meanwhile Black Odell Beckham Jr Jersey , the competitive environment has changed significantly over the last two years. In 2014-2016, a large number of foreign engine oil producers with no production plants in Russia lost substantial chunks of their market shares in passenger cars and commercial vehicle segments, mostly due to a steep devaluation of the ruble.
One of the key trends in the automotive engine oil market is the redistribution of consumption via different sales channels. For example, the share of service stations grew from 27 percent in 2014 to 51 percent in 2016 and is expected to surpass the 40-percent mark by 2025, with the independent service stations sector growing at the fastest rate while the share of 鈥済arage鈥?servicing work is going to shrink.
The above-mentioned aspects as well as other market trends and specifics require scrutiny and must be taken into account by both oil producers and distributors when making operational and strategic decisions.
Compared to the previous editions, 鈥淢otor Oil Market: Current State Black Bernie Kosar Jersey , Outlook Until 2025, Analysis of Key Players and Sales Channels鈥?report is a completely new product, which offers updated information and in-depth analysis.
Key changes in the report: -An introductory section, which contains general review of the lubricants markets in Russia and the Customs Union countries, including supply vs. demand snapshot, production and consumption forecasts Shon Coleman Jersey , import and export operations, companies鈥?market shares -Analysis of the companies鈥?market shares in the automotive engine oil market -Detailed competitor benchmarking including sales volumes, sales systems specifics, analysis of strengths and weaknesses, growth potential in the Russian market – Analysis of sales channels鈥?specific features, long-term forecast of redistribution of market shares held by different sales channels Carl Nassib Jersey , consumer profile creation -The report is released as a detailed presentation in PDF format and an attachment in the form of an Excel spreadsheet with key research findings and figures, thus combining a modern data presentation format with an opportunity to further analyze the data