DUBLIN--(BUSINESS WIRE)--The "Engine Oil Additives Market Research Report by Engine Type, by Type, by End Use, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Engine Oil Additives Market size was estimated at USD 11.04 Billion in 2020 and expected to reach USD 11.39 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 3.55% to reach USD 13.61 Billion by 2026.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Engine Oil Additives Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Engine Oil Additives Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Engine Oil Additives Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Engine Oil Additives Market?
4. What is the competitive strategic window for opportunities in the Global Engine Oil Additives Market?
5. What are the technology trends and regulatory frameworks in the Global Engine Oil Additives Market?
6. What is the market share of the leading vendors in the Global Engine Oil Additives Market?
7. What modes and strategic moves are considered suitable for entering the Global Engine Oil Additives Market?
Market Dynamics
Drivers
- Increase in demand for fuel-efficient vehicles
- Implementation of stringent emission norms especially for vehicles
- Use of engine oil additives leads to complete combustion of the fuel lowering the emission of harmful gases
Restraints
- Emergence of battery-operated vehicles gaining popularity
Opportunities
- Rise in demand for engine oil additives in the automobile and machinery industries
- Increasing export of oil additives in APAC region
- Development and optimization of a new high performance engine lubricant
Challenges
- Unprecedented challenges with new specifications and many new engine tests
Companies Mentioned
- Afton Chemical
- Akzo Nobel N.V.
- AMETEK Spectro Scientific
- Ashland Global Specialty Chemicals Inc.
- Baker Hughes Company
- BASF SE
- BRB International
- Chevron Corporation
- Chevron Phillips Chemical Company, LLC
- Clariant AG
- Croda International Plc.
- Ecolab Inc.
- Evonik Industries
- Halliburton Company
- Infineum International Limited
- LANXESS AG
- Lubrizol
- Lucas Oil Products, Inc.
- Multisol
- Schlumberger Limited
- TOTAL SE
- Vanderbit Chemicals LLC
For more information about this report visit https://www.researchandmarkets.com/r/bo0mgx
