INDIA (PR Buzz), November 26, 2015 -- MarketStudyReport.com is pleased to introduce a report on Global Passenger Car Motor Oil Market.
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The report forecasts the global passenger car motor oil market to grow at a CAGR of 2.92% over the period 2014-2019.
PCMO refers to motor oils for gasoline and diesel engines used in passenger vehicles. It reduces friction and wear and tear of the moving engines crankshaft, connecting rods, bearings, and pistons. It also serves as an effective coolant. It inhibits the formation of deposits and prevents rust and corrosion.
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The report includes a comprehensive discussion of the market, an extensive coverage on different engine types, engine oil standards and specifications, function class and chemical class, viscosity grades, and demand-supply dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.
The report presents data on the following segments of the market:
• Engine type: gasoline engines and diesel engines
• Engine oil standards and specifications: SAE, ILSAC, API, and ACEA
• Function class and chemical class: dispersants, VII, OCP, styrenes, detergents, anti-wear, antioxidants, and others
• Viscosity grade: mono-grade engine oils and multi-grade engine oils
• Geography: APAC, EMEA, North America, and ROW
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Market drivers
• Development of new emission control technologies
• For a full, detailed list, view our report
Market challenges
• Constant need for technological upgrading
• For a full, detailed list, view our report
Market trends
• De-motorization and lifestyle choices
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the various engine oil specifications and standards in prevalence?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space and what is the nature of competition between them?
• What are the market opportunities and threats faced by the key vendors?
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